Commodity prices generally fell in the September-ending quarter, except for gold. Concerns about weak China end-user steel demand affected iron ore and other steelmaking commodities, while base metals prices fell on worries over slower economic growth in China and elsewhere.
South32 is a beneficiary of continued global population growth, urbanization and increased demand for commodities from industrialization.
The desire to diversify earnings into base metals and the need to eventually replace depletion presents a longer-term risk for missteps, with a major acquisition the key risk to the balance sheet.
|
Metric
|
S32
|
RIO
|
GLEN
|
|---|---|---|---|
Price/Earnings (Normalized) | 25.96 | 11.70 | 18.00 |
Price/Book Value | 1.25 | 2.50 | 1.58 |
Price/Sales | 2.00 | 2.52 | 0.29 |
Price/Cash Flow | 9.03 | 8.30 | 8.80 |
|
Metric
|
S32
|
RIO
|
GLEN
|
|---|---|---|---|
Quick Ratio | 0.84 | 1.16 | 0.39 |
Current Ratio | 2.39 | 1.70 | 1.30 |
Interest Coverage | −2.97 | 10.17 | 0.44 |
|
Metric
|
S32
|
RIO
|
GLEN
|
|---|---|---|---|
Return on Assets (Normalized) | 2.64% | 11.49% | 2.43% |
Return on Equity (Normalized) | 4.14% | 21.57% | 6.81% |
Return on Invested Capital (Normalized) | 3.61% | 18.28% | 7.42% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| BHP Group Ltd
BHPLF
| QR | Syhxbk | $156.4 Bil | |||
| BHP Group Ltd ADR
BHP
| Gkdrzynjk | Qfwdg | $156.4 Bil | |||
| Rio Tinto Ltd
RTNTF
| — | Psj | $142.6 Bil | |||
| Rio Tinto PLC ADR
RIO
| Nnpcfwbq | Zxlwx | $115.6 Bil | |||
| Vale SA ADR
VALE
| Fgvh | Nhhjf | $50.2 Bil | |||
| Anglo American PLC ADR
NGLOY
| Hrqdsycl | Cjrgw | $39.6 Bil | |||
| Teck Resources Ltd Class B (Sub Voting)
TECK
| Ghbsmkt | Yxpm | $27.3 Bil | |||
| Lithium Americas Corp
LAC
| Zvzzbhhm | Nrlx | $580.7 Mil | |||
| Lithium Americas (Argentina) Corp
LAAC
| Qdtcfyc | Xnwsl | $525.4 Mil | |||
| Compass Minerals International Inc
CMP
| Tdmlpvt | Xtjknkq | $512.1 Mil |
United States