CHAMPION IRON LIMITED (CIA)
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CIA - CHAMPION IRON LIMITED

FNArena Sector : Iron Ore
Year End: March
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

$6.11

03 Oct
2023

-0.140

OPEN

$6.09

-2.24%

HIGH

$6.18

1,011,579

LOW

$6.06

TARGET
$8.30 35.8% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
BCI . DRR . FMG . GEN . GRR . MGX . MIN .
FNARENA'S MARKET CONSENSUS FORECASTS
CIA: 1
Title FY24
Forecast		 FY25
Forecast
EPS (cps) 60.3 xxx
DPS (cps) 27.9 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 10.0 xxx
Dividend Yield 4.6% xxx
Div Pay Ratio(%) 46.3% 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: 7.83%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.81

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: 13/06 - ex-div 11.27c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 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

1.0

No. Of Recommendations

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

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

(xx/xx/xxxx)

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Citi

31/07/2023

1

Buy

$9.00

47.30%

Despite forest fires in Quebec impacting sales, Citi notes Champion Iron achieved record June quarter production and is on track to achieve 15mtpa nameplate capacity by the end of 2023.

While C1 cash costs rose (as expected), earnings beat the analyst's forecast on lower sea freight costs. Sales were a 2% beat, but down -17% quarter-on-quarter.

The broker's target rises to $9 from $8.70. Buy.

FORECAST
Citi forecasts a full year FY24 dividend of 39.07 cents and EPS of 63.97 cents.
Citi forecasts a full year FY25 dividend of 64.75 cents and EPS of 107.28 cents.
Access Stockbroker Research History >

CIA STOCK CHART

FNArena News on CIA

1
Australian Broker Call *Extra* Edition – Oct 02, 2023

Oct 02 2023 - Daily Market Reports
2
In Brief: Iron Ore; Banks; Migration; AI

Sep 22 2023 - Weekly Reports
3
Iron Ore: Uptrend

Sep 20 2023 - Technicals
4
Australian Broker Call *Extra* Edition – Aug 02, 2023

Aug 02 2023 - Daily Market Reports
5
FNArena Corporate Results Monitor – 01-08-2023

Aug 01 2023 - Australia

Latest Iron Ore News

1
ESG Focus: Grid Set To Enter An Iron Age

Sep 21 2023 - ESG Focus
2
Mineral Resources: Downturn Complete

Jul 04 2023 - Technicals
3
Bullish On Grange Resources

Jan 17 2023 - Technicals
4
Iron Ore: Keep Watch

Dec 08 2022 - Technicals
5
Upside For Fortescue

Dec 06 2022 - Technicals
6
Fortescue’s Decarbonisation Plan To Impact Dividends

Sep 26 2022 - ESG Focus
7
Positive Signs For Fortescue Metals

Aug 02 2022 - Technicals
8
Iron Ore Miners: Buy The Dips

Apr 29 2022 - Technicals
9
Iron Ore Miners: Broker Views

Dec 07 2021 - Australia
10
Fortescue Metals Fields The Green Narrative

Aug 31 2021 - Australia