CI Resources Limited (AU:PRG)
ASX:PRG
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CI Resources Limited
(Sydney:PRG)
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Rating:48Neutral
Price Target:
AU$1.00
â–¼(-21.26% Downside)
Action:Reiterated
Date:06/17/26
The score is held back primarily by weak cash conversion (persistent negative free cash flow with operating cash flow reported as zero) and a sharply bearish technical setup (below key moving averages with negative MACD). These are partially offset by moderate valuation (P/E ~11) and a ~3.6% dividend yield, but not enough to outweigh the financial and momentum risks.
Positive Factors
Sustained Revenue Growth
CI Resources exhibits multi-year top-line momentum with consecutive annual revenue increases. Persistent revenue expansion supports scale advantages, underpins contract negotiation leverage with buyers, and provides a foundation to absorb cost pressures or invest in efficiency over the coming months.
Negative Factors
Very Weak Cash Generation
Reported earnings are not converting to cash: OCF is flat at zero while free cash flow is persistently negative and deteriorating. This structural cash shortfall raises funding and execution risk, constrains reinvestment or dividends, and may force external financing within a multi-month horizon.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained Revenue Growth
CI Resources exhibits multi-year top-line momentum with consecutive annual revenue increases. Persistent revenue expansion supports scale advantages, underpins contract negotiation leverage with buyers, and provides a foundation to absorb cost pressures or invest in efficiency over the coming months.
Read all positive factors
CI Resources Limited (PRG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$131.79M
Dividend Yield1.46%
Average Volume (3M)52.31K
Price to Earnings (P/E)11.0
Beta (1Y)0.45
Revenue Growth45.40%
EPS Growth431.87%
CountryAU
EmployeesN/A
SectorIndustrials
Sector Strength72
IndustryIntegrated Freight & Logistics
Share Statistics
EPS (TTM)0.03
Shares Outstanding110,750,190
10 Day Avg. Volume419
30 Day Avg. Volume52,310
Financial Highlights & Ratios
PEG Ratio-0.32
Price to Book (P/B)0.74
Price to Sales (P/S)0.11
P/FCF Ratio-35.81
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
CI Resources Limited Business Overview & Revenue Model
Company Description
Headquartered in Burswood, Australia, PRL Global Ltd., which commenced operations in 1987, focuses on the extraction, refinement, and global distribution of phosphate rock, phosphate dust, and chalk. The company's reach extends across Africa, Asia...
How the Company Makes Money
CI Resources Limited makes money primarily by selling phosphate rock and phosphate-related products produced from its operations on Christmas Island. Revenue is generated when the company extracts phosphate-bearing material, processes it to meet c...
CI Resources Limited Financial Statement Overview
Summary
Income Statement
52
Neutral
Balance Sheet
63
Positive
Cash Flow
24
Negative
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 1.48B | 1.27B | 1.15B | 537.74M |
| Gross Profit | 59.07M | 55.12M | 89.81M | 31.07M |
| EBITDA | 37.56M | 32.13M | 61.35M | 21.59M |
| Net Income | 10.89M | 21.88M | 25.27M | 8.50M |
Balance Sheet | ||||
| Total Assets | 505.18M | 483.54M | 468.99M | 401.06M |
| Cash, Cash Equivalents and Short-Term Investments | 66.63M | 53.21M | 71.80M | 43.03M |
| Total Debt | 114.97M | 117.41M | 112.72M | 60.61M |
| Total Liabilities | 256.05M | 246.54M | 234.69M | 197.78M |
| Stockholders Equity | 228.76M | 225.57M | 219.31M | 200.87M |
Cash Flow | ||||
| Free Cash Flow | -4.72M | -3.48M | -13.79M | -77.37M |
| Operating Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 |
| Investing Cash Flow | 7.11M | 2.29M | -30.39M | 18.74M |
| Financing Cash Flow | -10.65M | -34.72M | 46.92M | 39.68M |
CI Resources Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | AU$81.33M | 9.59 | 7.13% | 1.18% | 5.28% | -55.00% | |
67 Neutral | AU$151.79M | 8.42 | 11.28% | 10.12% | -0.15% | 307.55% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
63 Neutral | AU$105.93M | 5.42 | 12.51% | 7.14% | 10.91% | -28.61% | |
56 Neutral | AU$145.21M | -19.48 | -12.62% | 2.78% | -2.60% | -168.93% | |
54 Neutral | AU$443.39M | 17.65 | 6.54% | 4.73% | -8.17% | -20.77% | |
48 Neutral | AU$131.79M | 10.96 | 4.79% | 1.46% | 45.40% | 431.87% |
* Industrials Sector Average
AU:PRG
CI Resources Limited
1.09
-0.37
-25.50%
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.