Skip to Content

Vale SA ADR VALE

Morningstar Rating
$13.50 +0.12 (0.90%)
View Full Chart
Unlock our analysis with Morningstar Investor

Company Report

Price vs Fair Value

VALE is trading at a 14% discount.
Price
$13.37
Fair Value
$55.10
Uncertainty
High
1-Star Price
$86.39
5-Star Price
$9.40
Economic Moat
Qsg
Capital Allocation
Fbtl

Bulls Say, Bears Say

Bulls

Vale's lower unit costs relative to producers in India and China, as well as high-cost producers such as Anglo American, allow it to remain profitable even in depressed price environments.

Bears

We believe China's real estate- and infrastructure-driven economic growth has likely peaked and prices for materials such as iron ore will decline in future.

Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if VALE is a good fit for your portfolio.

News

Trading Information

Previous Close Price
$13.38
Day Range
$13.4313.53
52-Week Range
$12.2217.48
Bid/Ask
$13.49 / $13.50
Market Cap
$57.82 Bil
Volume/Avg
4.4 Mil / 20.6 Mil

Key Statistics

Price/Earnings (Normalized)
6.14
Price/Sales
1.40
Dividend Yield (Trailing)
9.05%
Dividend Yield (Forward)
9.05%
Total Yield
13.73%

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 its base metals business, which is expected to become effective early 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
VALE
FMG
RIO
Price/Earnings (Normalized)
6.149.5111.40
Price/Book Value
1.462.812.51
Price/Sales
1.402.872.48
Price/Cash Flow
4.156.158.10
Price/Earnings
VALE
FMG
RIO

Financial Strength

Metric
VALE
FMG
RIO
Quick Ratio
0.642.261.04
Current Ratio
1.082.841.69
Interest Coverage
11.5924.668.04
Quick Ratio
VALE
FMG
RIO

Profitability

Metric
VALE
FMG
RIO
Return on Assets (Normalized)
14.43%22.58%11.84%
Return on Equity (Normalized)
34.31%35.67%22.48%
Return on Invested Capital (Normalized)
24.59%27.74%19.38%
Return on Assets
VALE
FMG
RIO
See how this stock stacks up to its competitors with Morningstar Investor

Other Industrial Metals & Mining Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Economic Moat
Market Cap
BHPLF
BHP Group LtdJnnbtwt$145.6 Bil
BHP
BHP Group Ltd ADRWypk$145.6 Bil
RTNTF
Rio Tinto LtdJzln$131.0 Bil
RIO
Rio Tinto PLC ADRLrvd$103.7 Bil
NGLOY
Anglo American PLC ADRLhvn$29.0 Bil
TECK
Teck Resources Ltd Class B (Sub Voting)Bzgq$19.5 Bil
CMP
Compass Minerals International IncXths$910.5 Mil
LAC
Lithium Americas CorpLrlw$768.7 Mil
LAAC
Lithium Americas (Argentina) CorpNnwbsn$763.6 Mil

Sponsor Center