Thungela Resources (LSE:TGA) EBITDA Margin %: -42.41% (As of Dec. 2025)


LSE:TGA Thungela Resources Ltd LSE:TGA
65 GF Score
Price £4.57
GF Value £5.22
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Thungela Resources EBITDA Margin %?

Thungela Resources LSE:TGA -6.26% 65 EBITDA Margin % is -42.41% as of Dec. 2025. GuruFocus rates LSE:TGA with a GF Score™ of 65/100 and a GF Value™ of £5.22 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 130 Other Energy Sources companies, Thungela Resources ranks worse than 81.54% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Thungela Resources's EBITDA for the six months ended in Dec. 2025 was £-278 Mil. Thungela Resources's Revenue for the six months ended in Dec. 2025 was £656 Mil. Therefore, Thungela Resources's EBITDA margin for the quarter that ended in Dec. 2025 was -42.41%.


Thungela Resources  (LSE:TGA) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Thungela Resources EBITDA Margin % Related Terms


Thungela Resources EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Thungela Resources's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Thungela Resources EBITDA Margin % Chart

Thungela Resources Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial 35.03 51.38 31.94 24.21 -13.49

Thungela Resources Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.27 20.53 27.49 15.37 -42.41

LSE:TGA vs CNR: EBITDA Margin % Comparison

For the Thermal Coal subindustry, Thungela Resources's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thungela Resources EBITDA Margin % vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Thungela Resources's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Thungela Resources's EBITDA Margin % falls into.


LSE:TGA
65GF Score
Thungela Resources Ltd LSE:TGA
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thungela Resources EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Thungela Resources's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-177.245/1313.542
=-13.49 %

Thungela Resources's EBITDA Margin % for the quarter that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-278.294/656.172
=-42.41 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of -42.41% mean?
Thungela Resources (LSE:TGA) has a EBITDA Margin % of -42.41% as of Dec. 2025. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Thungela Resources and its competitors. According to the industry distribution chart, Thungela Resources ranks #106 out of 130 companies in the Other Energy Sources industry, placing it in the top 81.5%.
Is Thungela Resources' EBITDA Margin % too high?
Thungela Resources' current EBITDA Margin % is -42.41%. Based on the distribution chart, Thungela Resources ranks #106 out of 130 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Thungela Resources has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thungela Resources' EBITDA Margin % compare to CNR?
According to the Other Energy Sources industry distribution chart, Thungela Resources ranks #106 out of 130 companies for EBITDA Margin %. This places Thungela Resources in the lower half of its industry. The industry median EBITDA Margin % is 9.82. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Other Energy Sources company?
The median EBITDA Margin % among Other Energy Sources companies is 9.82, based on 130 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Thungela Resources and its competitors. For the Other Energy Sources industry, the median EBITDA Margin % is 9.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thungela Resources's current EBITDA Margin % is -42.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thungela Resources stock overvalued right now?
Based on GuruFocus' analysis, Thungela Resources (LSE:TGA) is currently considered Modestly Undervalued. The stock's GF Value™ is £5.22, compared to a current price of £4.57 — trading 12.5% below its estimated fair value. The current EBITDA Margin % is -42.41%. Thungela Resources' overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Thungela Resources (LSE:TGA), the current EBITDA Margin % is -42.41% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Thungela Resources (LSE:TGA) Overvalued in 2026?

Based on GuruFocus' analysis, Thungela Resources stock appears to be undervalued. The current stock price of £4.57 is trading 12.5% below its estimated GF Value™ of £5.22. GuruFocus considers Thungela Resources to be Modestly Undervalued.

Key valuation signals for LSE:TGA:

  • EBITDA Margin %: -42.41%
  • GF Value™: £5.22 vs. price of £4.57 (12.5% below fair value)
  • GF Score™: 65/100 with 7 warning signs

No single metric tells the full story. See the LSE:TGA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thungela Resources Business Description

Address 25 Bath Avenue, Rosebank, Johannesburg, GT, ZAF, 2196
Thungela Resources Ltd is a pure-play producer and exporter of thermal coal with operations in South Africa and Australia. The group focuses on high-quality coal reserves and marketable production, positioning as a key player in the energy market by delivering coal through world-class ports, and powering nations. It owns interests in various mining operations, namely Goedehoop, Greenside, Isibonelo, Khwezela, AAIC, Mafube Coal Mining, and Butsanani Energy which consist of both underground and open cast mines located in the Mpumalanga province of South Africa. Its operational segments are Opencast, Underground, and Services.
65GF Score

Get the complete analysis for LSE:TGA

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£4.57
Price
£5.22
GF Value