Vale S.A. (VALE)
- Previous Close
12.55 - Open
12.40 - Bid 12.57 x 41800
- Ask 12.58 x 38500
- Day's Range
12.37 - 12.59 - 52 Week Range
11.52 - 16.08 - Volume
19,175,367 - Avg. Volume
27,919,872 - Market Cap (intraday)
54.502B - Beta (5Y Monthly) 0.92
- PE Ratio (TTM)
6.94 - EPS (TTM)
1.81 - Earnings Date Jul 25, 2024 - Jul 29, 2024
- Forward Dividend & Yield 1.75 (13.97%)
- Ex-Dividend Date Mar 12, 2024
- 1y Target Est
15.93
Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Iron Solutions and Energy Transition Materials segments. The Iron Solutions segment produces and extracts iron ore and pellets, manganese, and other ferrous products; and provides related logistic services. The Energy Transition Materials segment produces and extracts nickel used to produce stainless steel, electric vehicles, and metal alloys; and its by-products, such as gold, silver, cobalt, precious metals, platinum, and others, as well as copper used in the construction sector to produce pipes and electrical wires. The company was formerly known as Companhia Vale do Rio Doce and changed its name to Vale S.A. in May 2009. Vale S.A. was founded in 1942 and is headquartered in Rio de Janeiro, Brazil.
www.vale.com--
Full Time Employees
December 31
Fiscal Year Ends
Sector
Other Industrial Metals & Mining
Industry
Recent News: VALE
Performance Overview: VALE
Trailing total returns as of 5/9/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: VALE
Valuation Measures
Market Cap
53.96B
Enterprise Value
67.42B
Trailing P/E
6.93
Forward P/E
5.79
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
1.30
Price/Book (mrq)
1.43
Enterprise Value/Revenue
1.61
Enterprise Value/EBITDA
4.38
Financial Highlights
Profitability and Income Statement
Profit Margin
18.78%
Return on Assets (ttm)
9.72%
Return on Equity (ttm)
19.96%
Revenue (ttm)
206.12B
Net Income Avi to Common (ttm)
38.71B
Diluted EPS (ttm)
1.81
Balance Sheet and Cash Flow
Total Cash (mrq)
19.16B
Total Debt/Equity (mrq)
44.35%
Levered Free Cash Flow (ttm)
13.91B
Research Analysis: VALE
Company Insights: VALE
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Research Reports: VALE
Vale Earnings: Solid Start to 2024, Though Lower Iron Ore Prices More Than Offset Higher Volumes
Vale is a large global miner and the world’s largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertilizer, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. Vale has agreed to sell a minority 13% stake in energy transition metals, its base metals business, which is expected to become effective in 2024, and which is likely the first step in separating base metals and iron ore.
RatingPrice TargetOpportunities in Mining Sector in Coal and Gold; Commodity Prices Generally Supportive
Vale is a large global miner and the world’s largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertilizer, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. Vale has agreed to sell a minority 13% stake in energy transition metals, its base metals business, which is expected to become effective in 2024, and which is likely the first step in separating base metals and iron ore.
RatingPrice TargetCommodity Price Update Q2 2024: Gold and Thermal Coal Companies Remain Among the Cheapest
Vale is a large global miner and the world’s largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertilizer, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. Vale has agreed to sell a minority 13% stake in energy transition metals, its base metals business, which is expected to become effective in 2024, and which is likely the first step in separating base metals and iron ore.
RatingPrice TargetMined Commodities Are Essential to the Economy, but Moats Are Rare
Vale is a large global miner and the world’s largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertilizer, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. Vale has agreed to sell a minority 13% stake in energy transition metals, its base metals business, which is expected to become effective in 2024, and which is likely the first step in separating base metals and iron ore.
RatingPrice Target