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Morningstar

Glencore PLC GLEN Stock Quote

Morningstar Rating
| Rating as of

XLON: GLEN

Last close prices updated as of Jan 27, 2023, 5:15 PM BST | GBX
  • Last Close 5.482
  • Sector Basic Materials
  • Industry Other Industrial Metals & Mining
  • Investment Style Large Value
  • Day Range 543.40  –  553.70
  • Year Range 5.07  –  583.25
  • Market Cap 6.9832 Tril
  • Volume / Avg 46.0 Mil /  46.4 Mil
  • Price / Sales 0.37
  • Price / Book 1.82
  • Forward Div Yield 3.86%
  • Trailing Div Yield 0.06%

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

Miners’ FVEs Generally Increased on Higher Commodity Prices With China Reopening

Jon Mills Equity Analyst

Analyst Note

| Jon Mills |

Commodity prices generally rose over the fourth quarter of 2022 as widespread protests forced China to abandon its zero-COVID-19 policy and reopen. Expectations of increased demand for commodities arising from further stimulus and government financial support for China’s property sector more than offset headwinds as central banks kept raising interest rates to dampen inflation. After updating our commodity price assumptions, we think gold miner Newcrest remains the equal cheapest on our coverage list, trading at a 27% discount to our unchanged AUD 31 per share fair value estimate.

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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 135,000

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Related News GLEN

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FAQs for Glencore PLC Stock

No. GLEN does not currently have a forward dividend yield.
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 6.98 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 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.