Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Merafe Resources Limited, alongside its subsidiary entities, is primarily engaged in the extraction and processing of chrome ore, converting it into ferrochrome. The company oversees a substantial operational infrastructure, comprising five ferrochrome smelters, twenty-two ferrochrome furnaces, six chrome ore mines, and five UG2 beneficiation plants. Its key markets include stainless steel manufacturers situated across a wide geographical spread, including nations in Africa, the Middle East, the United States, Brazil, Mexico, China, India, Indonesia, Japan, South Korea, Taiwan, Australia, Germany, Italy, Spain, France, and Belgium. Established in 1987, Merafe Resources is headquartered in Bryanston, South Africa.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. In particular, the stock is reasonably priced on P/E, 'cheap' on EV/EBITDA, unde