CHAMPION IRON LIMITED (CIA)
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CIA - CHAMPION IRON LIMITED

FNArena Sector : Iron Ore
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: 1.14
Index: ASX200 | ASX300 | ALL-ORDS

Champion Iron is engaged in the exploration, development and production of iron ore in Quebec, Canada. The company has been listed on the ASX since 2007.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$6.74

18 Apr
2024

0.150

OPEN

$6.70

2.28%

HIGH

$6.87

1,830,936

LOW

$6.68

TARGET
$7.95 18.0% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
BCI . DRR . FMG . GEN . GRR . MGX . MIN . RHK .
FNARENA'S MARKET CONSENSUS FORECASTS
CIA: 1
Title FY24
Forecast
FY25
Forecast
EPS (cps) 49.2 xxx
DPS (cps) 22.6 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 13.5 xxx
Dividend Yield 3.4% xxx
Div Pay Ratio(%) 45.9% xxx
This company reports in CAD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 3.47%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

3.41

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 06/11 - ex-div 11.5162c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx42.9
DPS All xxxxxxxxxxxxxxx22.5
Sales/Revenue xxxxxxxxxxxxxxx1,542.6 M
Book Value Per Share xxxxxxxxxxxxxxx269.4
Net Operating Cash Flow xxxxxxxxxxxxxxx260.9 M
Net Profit Margin xxxxxxxxxxxxxxx14.39 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx16.87 %
Return on Invested Capital xxxxxxxxxxxxxxx12.57 %
Return on Assets xxxxxxxxxxxxxxx9.27 %
Return on Equity xxxxxxxxxxxxxxx16.87 %
Return on Total Capital xxxxxxxxxxxxxxx22.54 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-166.1 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx45 M
Long Term Debt xxxxxxxxxxxxxxx575 M
Total Debt xxxxxxxxxxxxxxx620 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx361 M
Price To Book Value xxxxxxxxxxxxxxx2.65

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx325.8 M
Capex % of Sales xxxxxxxxxxxxxxx21.12 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,052 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx79 M
Research & Development xxxxxxxxxxxxxxx13 M
Investments - Total xxxxxxxxxxxxxxx16 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.5

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Citi

05/04/2024

1

Buy

$8.60

27.60%

Anticipating a tough fourth quarter for Champion Iron, Citi has significantly downgraded its earnings forecast for the period to CA$57m. 

The broker anticipates the quarter will be impacted by winter weather effects, maintenance downtime and constrained rail capacity, as well as higher sea freight and cash costs.

Earnings forecasts decrease -25% for FY24 and -14% for FY25. The Buy rating is retained and the target price decreases to $8.60 from $9.60.

FORECAST
Citi forecasts a full year FY24 dividend of 22.56 cents and EPS of 46.92 cents.
Citi forecasts a full year FY25 dividend of 22.56 cents and EPS of 125.20 cents.

CIA STOCK CHART