Kumba Iron Ore stock sits 44.35 percent below its yearly high

Published on 10/01/2026 at 17:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half EBITDA was ZAR 10.9 billion, 13.53 percent below forecast in the first half of 2026. Kumba Iron Ore stock has a ZAR 70.4 billion market value.

Kumba Iron Ore, ZAE000013124, Illustration mit AI erstellt.

Kumba Iron Ore stock was last at ZAc 22,000.00 on October 1, 2026, down 2.37 percent from the prior close of ZAc 22,533.00. The JSE-listed producer's first-half 2026 EBITDA was ZAR 10,908 million, 13.53 percent below the ZAR 12,615 million forecast shown by MarketScreener for the period ended June 2026.

Half-year earnings missed forecast

The EBITDA gap is the clearest pressure point in the latest reported period. Actual first-half EBITDA of ZAR 10,908 million came in below the ZAR 12,615 million forecast, a shortfall of ZAR 1,707 million, or 13.53 percent.

The result leaves Kumba exposed to the combined effect of operating costs, freight and logistics conditions. The company produces and ships iron ore from its Sishen and Kolomela operations, with exports serving China, Asia, Europe and other international markets.

Stock remains below yearly high

Simply Wall St identifies Kumba Iron Ore as JSE:KIO and reports analyst estimates of ZAR 63,823 million in 2026 revenue and ZAR 10,316 million in earnings. The 2026 revenue estimate is 8.92 percent below the ZAR 70,077 million reported for fiscal year 2025.

The share price remained 44.35 percent below its 52-week high of ZAc 39,531.00 and 2.55 percent above its 52-week low of ZAc 21,452.00 on October 1, 2026. That spread puts the current quotation near the lower end of its annual range, while the market capitalization stood at ZAR 70.4 billion.

October results date is next

MarketScreener lists October 20, 2026 as the publication date for Kumba Iron Ore's third-quarter operating results. That report will provide the next quantified check on production, logistics and the earnings outlook.

JSE quotation and market value

Kumba Iron Ore was last at ZAc 22,000.00 on the Johannesburg Stock Exchange on October 1, 2026 at 5:00 p.m. SAST, down 2.37 percent versus the prior close of ZAc 22,533.00. The market capitalization was ZAR 70.4 billion, and the 52-week range was ZAc 21,452.00 to ZAc 39,531.00.