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Vale SA VALE3

Morningstar Rating
BRL 64.58 +0.40 (0.62%)
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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.

Price vs Fair Value

VALE3 is trading at a 9% discount.
Price
BRL 64.51
Fair Value
BRL 83.40
Uncertainty
Medium
1-Star Price
BRL 34.58
5-Star Price
BRL 59.67
Economic Moat
Vhhmn
Capital Allocation
XH
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News

Trading Information

Previous Close Price
BRL 64.18
Day Range
BRL 64.3065.18
52-Week Range
BRL 59.3678.55
Bid/Ask
BRL 64.40 / BRL 64.68
Market Cap
BRL 276.42 Bil
Volume/Avg
21.3 Mil / 25.2 Mil

Key Statistics

Price/Earnings (Normalized)
6.87
Price/Sales
1.35
Dividend Yield (Trailing)
8.45%
Dividend Yield (Forward)
8.45%
Total Yield
12.45%

Company Profile

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.
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Stock Style Box
Large Value
Total Number of Employees
64,516

Competitors

Valuation

Metric
VALE3
BHP
RIO
Price/Earnings (Normalized)
6.8710.6912.13
Price/Book Value
1.463.482.67
Price/Sales
1.352.612.64
Price/Cash Flow
4.206.768.62
Price/Earnings
VALE3
BHP
RIO

Financial Strength

Metric
VALE3
BHP
RIO
Quick Ratio
0.441.081.04
Current Ratio
1.121.571.69
Interest Coverage
8.777.598.04
Quick Ratio
VALE3
BHP
RIO

Profitability

Metric
VALE3
BHP
RIO
Return on Assets (Normalized)
10.67%13.90%11.84%
Return on Equity (Normalized)
25.34%31.67%22.48%
Return on Invested Capital (Normalized)
18.70%21.70%19.38%
Return on Assets
VALE3
BHP
RIO
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Other Industrial Metals & Mining Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BHPLF
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BHP
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RTNTF
Rio Tinto LtdNzmy$139.2 Bil
RIO
Rio Tinto PLC ADRLjnvndttZkvp$111.3 Bil
VALE
Vale SA ADRVjlsKkhgz$54.1 Bil
NGLOY
Anglo American PLC ADRLszxhlzbmTzbzq$45.2 Bil
TECK
Teck Resources Ltd Class B (Sub Voting)FwrsxclbcVvg$25.8 Bil
LAC
Lithium Americas CorpHyflpljSbx$964.3 Mil
LAAC
Lithium Americas (Argentina) CorpKlztbmrrFchmgyt$870.4 Mil
CMP
Compass Minerals International IncTvxlkqjNtclk$545.3 Mil

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