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Morningstar

Glencore PLC GLEN Stock Quote

Morningstar Rating
| Rating as of

XLON: GLEN

Last close prices updated as of Jun 08, 2023, 5:03 PM BST | GBX
  • Last Close 4.36
  • Sector Basic Materials
  • Industry Other Industrial Metals & Mining
  • Investment Style Large Value
  • Day Range 435.25  –  441.29
  • Year Range 395.40  –  584.50
  • Market Cap 5.4388 Tril
  • Volume / Avg 18.7 Mil /  44.0 Mil
  • Price / Sales 0.28
  • Price / Book 1.37
  • Forward Div Yield 8.27%
  • Trailing Div Yield 0.09%

Morningstar‘s Stock Analysis GLEN

Valuation
Currency in —
Is it the right time to buy or sell?
Find out with Morningstar Investor
Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Lowering Glencore's FVE to GBX 530 Driven by Lower Thermal Coal, Nickel and Zinc Prices

Jon Mills Equity Analyst

Business Strategy and Outlook

| Jon Mills |

Glencore ranks among the most diversified of the large global miners. As China is the key demand driver for nearly everything Glencore mines, diversification benefits are limited. Glencore’s oil and agriculture businesses (held through its 50% stake in Viterra) are less China-centric but relatively small contributors, while its marketing business (about 55% of forecast midcycle group EBIT from 2026) should be relatively resilient to changes in China’s rate of economic growth.

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Key Statistics GLEN

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Company Profile GLEN

Business Description

Glencore is one of the world’s largest commodities traders, active in markets for metals and minerals, energy products, and agricultural goods via its 50% stake in Viterra. The firm's Marketing business provides sourcing, logistics, transportation, storage, and financing services to commodity producers and consumers around the globe. The 2013 merger with diversified miner Xstrata made Glencore one of the world's largest commodity producers. 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.

Contact
Baarermattstrasse 3, P.O. Box 1363
Baar, CH-6340, CHE
Sector Basic Materials
Industry Other Industrial Metals & Mining
Employees 81,706

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Related News GLEN

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Competitors & Peers GLEN

More on GLEN’s Competitors & Peers

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of GLEN’s competitive advantage.

Glencore PLC

XLON: GLEN

Teck Resources Ltd Class B (Sub Voting)

XTSE: TECK.B

BHP Group Ltd

XASX: BHP

Rio Tinto Ltd

XASX: RIO
Price
436.4557.0344.60113.93
Currency
GBXCADAUDAUD
Change
−$0.60 (0.14%) −$0.32 (0.56%) +$0.47 (1.07%) −$0.07 (0.06%)
Market Cap
5.44 Tril29.37 Bil226.09 Bil185.14 Bil
Industry
Other Industrial Metals & Mining Other Industrial Metals & Mining Other Industrial Metals & Mining Other Industrial Metals & Mining
Sector
Basic Materials
Basic Materials
Basic Materials
Basic Materials

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Glencore PLC Stock

Yes. GLEN has a forward dividend yield of 10.20%. See GLEN’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

GLEN’s market cap is 5.44 Tril.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

GLEN’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

GLEN’s price/sales is 0.27.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

GLEN’s price/forward earnings is 4.03.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

GLEN’s price/book is 1.35.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See GLEN’s valuation ratios compared to the Market Index.

GLEN’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare GLEN’s historical performance against its industry peers and the overall market.