Back to catalogue
AFRK

Afarak Group Se

Basic Resources First-pass screen £59m
160/1000 Overall fit
AI beneficiary 35% 0
Operating leverage 25% 18
Valuation 25% 30
Downside protection 15% 28

First-pass take

Pure commodity mining (chrome/ferroalloys) with zero AI exposure. Negative operating leverage: EBITDA fell 89.8% on 25.6% revenue decline. H1 2016 loss-making; cash eroding (EUR 21.7m → EUR 13.2m; negative OCF in Q2).

Flags

loss-makingcyclicalcommodity-miningno-valuation-datacash-eroding