TNGRF (Thungela Resources) Minority Interest: $9.86 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TNGRF Thungela Resources Ltd TNGRF
78 GF Score
Price $6.50
GF Value $7.04
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Thungela Resources Minority Interest?

Thungela Resources TNGRF +0.20% 78 Minority Interest is $9.86 Mil as of Dec. 2025. GuruFocus rates TNGRF with a GF Score™ of 78/100 and a GF Value™ of $7.04 (Fairly Valued). The stock has 7 warning signs investors should review.

Minority interest is the carrying amount of the equity interests owned by non-controlling shareholders, partners, or other equity holders in one or more of the entities included in the reporting entity's consolidated financial statements.

Thungela Resources's minority interest for the quarter that ended in Dec. 2025 was $9.86 Mil.


Thungela Resources Minority Interest Historical Data

* Premium members only.

The historical data trend for Thungela Resources's Minority Interest 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 Minority Interest Chart

Thungela Resources Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Minority Interest
Get a 7-Day Free Trial 119.62 -6.60 -0.70 29.86 9.86

Thungela Resources Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Minority Interest Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.70 -6.67 29.86 30.58 9.86
TNGRF
78GF Score
Thungela Resources Ltd TNGRF
Minority Interest is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thungela Resources Minority Interest Calculation

Minority interest is the carrying amount of the equity interests owned by non-controlling shareholders, partners, or other equity holders in one or more of the entities included in the reporting entity's consolidated financial statements.

Frequently Asked Questions Learn more about Minority Interest →
What does a Minority Interest of $9.86 Mil mean?
Thungela Resources (TNGRF) has a Minority Interest of $9.86 Mil as of Dec. 2025. Minority interest represents the carrying value of equity from non-controlling shareholders and company partners. View historical data on Thungela Resources.
Is Thungela Resources' Minority Interest too high?
Thungela Resources' current Minority Interest is $9.86 Mil. Overall, Thungela Resources has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thungela Resources' Minority Interest compare to CNR?
Thungela Resources' Minority Interest of $9.86 Mil can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Minority Interest for an Other Energy Sources company?
A good Minority Interest depends on the Other Energy Sources industry context. However, Minority Interest 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 Minority Interest mean?
A high Minority Interest can signal that a stock is expensive relative to its fundamentals. Minority interest represents the carrying value of equity from non-controlling shareholders and company partners. View historical data on Thungela Resources. Thungela Resources's current Minority Interest is $9.86 Mil. 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 (TNGRF) is currently considered Fairly Valued. The stock's GF Value™ is $7.04, compared to a current price of $6.50 — trading 7.7% below its estimated fair value. The current Minority Interest is $9.86 Mil. Thungela Resources' overall GF Score™ is 78/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Minority Interest calculated?
Minority Interest is calculated from a company's financial statements. For Thungela Resources (TNGRF), the current Minority Interest is $9.86 Mil 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 (TNGRF) Overvalued in 2026?

Based on GuruFocus' analysis, Thungela Resources stock appears to be undervalued. The current stock price of $6.50 is trading 7.7% below its estimated GF Value™ of $7.04. GuruFocus considers Thungela Resources to be Fairly Valued.

Key valuation signals for TNGRF:

  • Minority Interest: $9.86 Mil
  • GF Value™: $7.04 vs. price of $6.50 (7.7% below fair value)
  • GF Score™: 78/100 with 7 warning signs

No single metric tells the full story. See the TNGRF 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.
78GF Score

Get the complete analysis for TNGRF

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

$6.50
Price
$7.04
GF Value