Exxaro Resources (JSE:EXX) FCF Margin %: 4.81% (As of Dec. 2025) — 39% Below Median


JSE:EXX Exxaro Resources Ltd JSE:EXX
83 GF Score
Price R201.55
GF Value R197.54
Valuation Fairly Valued
! 8 Warning Signs
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What is Exxaro Resources FCF Margin %?

Exxaro Resources JSE:EXX +0.43% 83 FCF Margin % is 4.81% as of Dec. 2025, which is 39% below its 10-year median of 7.90. GuruFocus rates JSE:EXX with a GF Score™ of 83/100 and a GF Value™ of R197.54 (Fairly Valued). The stock has 8 warning signs investors should review. Among 131 Other Energy Sources companies, Exxaro Resources ranks better than 70.99% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Exxaro Resources's Free Cash Flow for the six months ended in Dec. 2025 was R1,020 Mil. Exxaro Resources's Revenue for the six months ended in Dec. 2025 was R21,192 Mil. Therefore, Exxaro Resources's FCF Margin % for the quarter that ended in Dec. 2025 was 4.81%.

As of today, Exxaro Resources's current FCF Yield % is 6.88%.

The historical rank and industry rank for Exxaro Resources's FCF Margin % or its related term are showing as below:

JSE:EXX' s FCF Margin % Range Over the Past 10 Years
Min: -22.93   Med: 7.9   Max: 27.51
Current: 7.78


During the past 13 years, the highest FCF Margin % of Exxaro Resources was 27.51%. The lowest was -22.93%. And the median was 7.90%.

JSE:EXX's FCF Margin % is ranked better than
70.99% of 131 companies
in the Other Energy Sources industry
Industry Median: -0.37 vs JSE:EXX: 7.78


Exxaro Resources FCF Margin % Related Terms


Exxaro Resources FCF Margin % Historical Data

* Premium members only.

The historical data trend for Exxaro Resources's FCF 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.

Exxaro Resources FCF Margin % Chart

Exxaro Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.19 27.51 21.78 14.61 7.78

Exxaro Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
FCF 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.78 13.29 15.76 10.83 4.81

JSE:EXX vs CNR: FCF Margin % Comparison

For the Thermal Coal subindustry, Exxaro Resources's FCF Margin %, along with its competitors' market caps and FCF 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.


Exxaro Resources FCF Margin % vs Other Energy Sources Industry

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

* The bar in red indicates where Exxaro Resources's FCF Margin % falls into.


JSE:EXX
83GF Score
Exxaro Resources Ltd JSE:EXX
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Exxaro Resources FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Exxaro Resources's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=3248/41771
=7.78 %

Exxaro Resources's FCF Margin for the quarter that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=1020/21192
=4.81 %

* 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 FCF Margin % →
What does a FCF Margin % of 4.81% mean?
Exxaro Resources (JSE:EXX) has a FCF Margin % of 4.81% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Exxaro Resources and its competitors. This is 39% below median its historical median of 7.90. According to the industry distribution chart, Exxaro Resources ranks #38 out of 131 companies in the Other Energy Sources industry, placing it in the top 29%.
Is Exxaro Resources' FCF Margin % too high?
Exxaro Resources' current FCF Margin % of 4.81% is 39% below median its 10-year median of 7.90. Based on the distribution chart, Exxaro Resources ranks #38 out of 131 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Exxaro Resources has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Exxaro Resources' FCF Margin % compare to CNR?
According to the Other Energy Sources industry distribution chart, Exxaro Resources ranks #38 out of 131 companies for FCF Margin %. This puts Exxaro Resources in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Other Energy Sources company?
A good FCF Margin % depends on the Other Energy Sources industry context. However, FCF 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Exxaro Resources and its competitors. Exxaro Resources's current FCF Margin % is 4.81%, which is 39% below median its own 10-year median of 7.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exxaro Resources stock overvalued right now?
Based on GuruFocus' analysis, Exxaro Resources (JSE:EXX) is currently considered Fairly Valued. The stock's GF Value™ is R197.54, compared to a current price of R201.55 — trading 2% above its estimated fair value. The current FCF Margin % is 4.81%, which is 39% below median its 10-year median of 7.90. Exxaro Resources' overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Exxaro Resources (JSE:EXX), the current FCF Margin % is 4.81% 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 Exxaro Resources (JSE:EXX) Overvalued in 2026?

Based on GuruFocus' analysis, Exxaro Resources stock appears to be overvalued. The current stock price of R201.55 is trading 2% above its estimated GF Value™ of R197.54. GuruFocus considers Exxaro Resources to be Fairly Valued.

Key valuation signals for JSE:EXX:

  • FCF Margin %: 4.81% (39% below median its 10-year median of 7.90)
  • GF Value™: R197.54 vs. price of R201.55 (2% above fair value)
  • GF Score™: 83/100 with 8 warning signs

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


Exxaro Resources Business Description

Other Exchanges EXXAF:USALCQ:Germany
Address 263B West Avenue, Die Hoewes, The conneXXion, Centurion, GT, ZAF, 0163
Exxaro Resources Ltd is one of the South Africa-based diversified resources companies. The company's operating segments are: Coal, Energy, Metals, and Others. The majority of its revenue comes from the coal segment, whose operations are located in the Waterberg and Mpumalanga regions and are split between coal commercial operations and coal-tied operations and produce thermal and metallurgical coal, Commercial Waterberg is comprised mainly of the Grootegeluk operation, Commercial Mpumalanga comprising the Belfast and Leeuwpan operations, and Tied comprising of the Matla mine supplying its entire coal supply to Eskom; and Others comprises of the other coal affiliated operation. Geographically, the company derives majority of its revenue from the RSA region ( Republic of South Africa).
83GF Score

Get the complete analysis for JSE:EXX

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

R201.55
Price
R197.54
GF Value