Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Salungano Group Limited, together with its subsidiaries, engages in mining, processing, selling, and distributing thermal coal primarily in South Africa. The company operates through four segments: Mining, Trading, Property Rental, and Investment Holding. It is involved in the exploration, beneficiation, and mining of bituminous coal; and buys and sells coal to inland customers. The company holds interests in the Elandspruit Colliery, Khanyisa Complex Colliery, and Vanggatfontein Colliery mines; and the Moabsvelden and Arnot projects. In addition, it engages in the property rental activities. The company was formerly known as Wescoal Holdings Limited and changed its name to Salungano Group Limited in April 2022. The company was incorporated in 2005 and is headquartered in Sandton, South Africa. Salungano Group Limited is a subsidiary of K2016316243 (SA) Proprietary Limited.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, underpriced on P/FC.
