The company has reduced its share count over this period, returning value to shareholders through buybacks.
Diluted shares outstanding: 247.0M (2021) → 238.0M (2025)
Established in 2000 and headquartered in Centurion, South Africa, Exxaro Resources Limited is a diversified enterprise with significant interests in the coal, iron ore, pigment, and renewable energy sectors. Its footprint extends across South Africa, Europe, Australia, and Asia. The company primarily extracts thermal, metallurgical, and semi-soft coking coal from its operations in the Waterberg and Mpumalanga regions. Additionally, Exxaro invests in iron ore, manufactures pigments, and operates two wind farms. It also supplies gas-atomised ferrosilicon, a product utilized in separation plants. The organization was formerly named Kumba Resources Limited before adopting its current identity as Exxaro Resources Limited in November 2006.
When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.
-2.5% YoY
YoY Growth Rate
Revenue declining
-12.5% YoY
YoY Growth Rate
Earnings declining
$2M/ year
0.0% of revenue
Below sector average (1%)
Research and development spending
Cash flow positive
$52.0B cash & investments
Quarterly Free Cash Flow
↑ Burn rate improving
Company generates more cash than it spends — no dilution risk from fundraising
Exxaro Resources Limited's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.
The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.
Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.
ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
Slight earnings drop. Typical near a cyclical low.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
Interest coverage above 8. Profits cover interest many times over.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
P/E under 10. The price tag is small relative to last year's profit.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
Yield above 6% — often a flag the market is pricing in a cut.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
