Glencore PLC GLCNF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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Glencore Investor Urges Move of Primary Listing to Sydney From London, FT Reports
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Li-Cycle Holdings Up 36% on Glencore Investment
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Cerrejón Strike Averted With Union Pay Deal — OPIS
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Glencore Eyes Shell's Singapore Units, Reuters Reports
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Glencore cuts dividend as Swiss firm's earnings fall 50% due to collapse in global coal prices
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Glencore Earnings Plummet From Record Highs as Energy Prices Subside — 2nd Update
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Trending: Glencore Slashes Dividends After Earnings Plunge as Energy Markets Calm
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Glencore Earnings Plummet From Record Highs as Energy Prices Subside — Update
Trading Information
- Previous Close Price
- $5.85
- Day Range
- $5.88–6.01
- 52-Week Range
- $4.66–6.28
- Bid/Ask
- $5.80 / $6.07
- Market Cap
- $72.32 Bil
- Volume/Avg
- 7,100 / 111,074
Key Statistics
- Price/Earnings (Normalized)
- 9.96
- Price/Sales
- 0.34
- Dividend Yield (Trailing)
- 7.40%
- Dividend Yield (Forward)
- 2.18%
- Total Yield
- 12.66%
Company Profile
Glencore is one of the world’s largest commodities traders, active in markets for metals and minerals, energy products, and agricultural goods. The firm's Marketing business provides sourcing, logistics, transportation, storage, and financing services to commodity producers and consumers around the globe. Core exposures are in the production of thermal coal, coking coal, copper, zinc, nickel, cobalt, and ferroalloys. Unlike other major miners, Glencore plans to produce thermal coal until its mines exhaust, arguing that it is better for listed, western companies to own these assets and then rehabilitate them consistent with western standards. It has also agreed to buy Teck's metallurgical coal business, with the deal likely closing in the third quarter of 2024.
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
- Stock Style Box
- Large Value
- Total Number of Employees
- 140,000
- Website
- https://www.glencore.com
Competitors
Valuation
|
Metric
|
GLCNF
|
BHP
|
NGLOY
|
|---|---|---|---|
Price/Earnings (Normalized) | 9.96 | 10.90 | 10.82 |
Price/Book Value | 1.66 | 3.55 | 1.41 |
Price/Sales | 0.34 | 2.66 | 1.05 |
Price/Cash Flow | 10.24 | 6.89 | 4.64 |
Price/Earnings
GLCNF
BHP
NGLOY
Financial Strength
|
Metric
|
GLCNF
|
BHP
|
NGLOY
|
|---|---|---|---|
Quick Ratio | 0.35 | 1.08 | 1.06 |
Current Ratio | 1.29 | 1.57 | 1.85 |
Interest Coverage | 2.91 | 7.59 | 4.20 |
Quick Ratio
GLCNF
BHP
NGLOY
Profitability
|
Metric
|
GLCNF
|
BHP
|
NGLOY
|
|---|---|---|---|
Return on Assets (Normalized) | 5.31% | 13.90% | 3.73% |
Return on Equity (Normalized) | 14.49% | 31.67% | 9.49% |
Return on Invested Capital (Normalized) | 11.14% | 21.70% | 6.06% |
Return on Assets
GLCNF
BHP
NGLOY
Other Industrial Metals & Mining Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
BHP
| BHP Group Ltd ADR | Mtwklyk | Vhlv | $147.0 Bil | |
BHPLF
| BHP Group Ltd | CZ | Fnhtxx | $144.3 Bil | |
RTNTF
| Rio Tinto Ltd | — | Dvkj | $136.8 Bil | |
RIO
| Rio Tinto PLC ADR | Mjhmwrwmk | Xnn | $108.7 Bil | |
VALE
| Vale SA ADR | Rktr | Ywj | $50.3 Bil | |
NGLOY
| Anglo American PLC ADR | Trxwsqgr | Zlc | $36.1 Bil | |
TECK
| Teck Resources Ltd Class B (Sub Voting) | Thcpsnk | Fzr | $24.4 Bil | |
LAC
| Lithium Americas Corp | Vqpnpyx | Zwgc | $1.1 Bil | |
LAAC
| Lithium Americas (Argentina) Corp | Dbjvwvxbt | Krbbqz | $770.6 Mil | |
CMP
| Compass Minerals International Inc | Bwkgvgrs | Frbtld | $561.8 Mil |