Skip to Content
Morningstar

Rio Tinto PLC ADR RIO

Morningstar Rating
Unlock
Stock XNYS Rating as of
$66.01 −0.40 (0.60%)
View Full Chart
As of Delayed Price Post-Trading: $65.78 −0.23
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

Commodity Price Update Q3 2024: Value in Mineral Sands, Gold, and Thermal Coal

Jon Mills

Base metals prices surged earlier in the June quarter of 2024 before partially reversing due to concerns over China’s economy. Iron ore prices are broadly stable despite China's struggling property market and weak infrastructure spending, leading to questions over China's steel demand. After updating our commodity price assumptions, no-moat Iluka is the cheapest miner we cover, trading 31% below its unchanged fair value estimate of AUD 9.50.

Read Full Report

Price vs Fair Value

View History
RIO is trading at a 90% premium.
Price
$66.41
Fair Value
$18.00
Uncertainty
Medium
1-Star Price
$319.53
5-Star Price
$94.60
Economic Moat
Mkfb
Capital Allocation
Nfdjkfqsk

Bulls Say, Bears Say

Bulls

Rio Tinto is one of the direct beneficiaries of China's continuing strong appetite for natural resources.

Bears

With miners including Rio benefiting from high commodity prices, governments may use it as a source of tax revenue to plug shaky budgets.

Show More
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 RIO is a good fit for your portfolio.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
$66.41
Day Range
$65.30–66.02
52-Week Range
$58.27–75.09
Bid/Ask
$65.50 / $66.05
Market Cap
$107.19 Bil
Volume/Avg
1.7 Mil / 2.6 Mil

Key Statistics

Price/Earnings (Normalized)
9.33
Price/Sales
2.00
Dividend Yield (Trailing)
6.55%
Dividend Yield (Forward)
6.55%
Total Yield
6.55%

Company Profile

Rio Tinto is a global diversified miner. Iron ore is the dominant commodity, with significantly lesser contributions from copper, aluminum, diamonds, gold, and industrial minerals. The 1995 merger of RTZ and CRA, via a dual-listed structure, created the present-day company. The two operate as a single business entity, with shareholders in each company having equivalent economic and voting rights. Major assets included the Pilbara iron ore operations, a 30% stake in the Escondida copper mine, 66%-ownership of the Oyu Tolgoi copper mine in Mongolia, the Weipa and Gove bauxite mines in Australia, and six hydro-powered aluminum smelters in Canada.
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Stock Style Box
Large Value
Total Number of Employees
57,174
Website
https://www.riotinto.com

Competitors

Valuation

View More
Metric
RIO
BHP
VALE
Price/Earnings (Normalized)
 9.3310.855.92
Price/Book Value
 1.973.531.28
Price/Sales
 2.002.651.16
Price/Cash Flow
 6.556.863.62
Price/Earnings
RIO
BHP
VALE

Financial Strength

Metric
RIO
BHP
VALE
Quick Ratio
 1.041.080.44
Current Ratio
 1.691.571.12
Interest Coverage
 7.777.598.36
Quick Ratio
RIO
BHP
VALE

Profitability

Metric
RIO
BHP
VALE
Return on Assets (Normalized)
 11.84%13.90%10.54%
Return on Equity (Normalized)
 22.48%31.67%25.04%
Return on Invested Capital (Normalized)
 18.83%21.70%18.68%
Return on Assets
RIO
BHP
VALE
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Other Industrial Metals & Mining Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BHP Group Ltd
BHPLF
KGDFkbfhv$146.5 Bil
 BHP Group Ltd ADR
BHP
YjmpqxdSjnr$146.5 Bil
 Rio Tinto Ltd
RTNTF
—Zcxbt$130.8 Bil
 Vale SA ADR
VALE
XwjphLdgw$48.2 Bil
 Anglo American PLC ADR
NGLOY
JjvnccqqTqtq$37.3 Bil
 Teck Resources Ltd Class B (Sub Voting)
TECK
PtbptglDsplv$24.8 Bil
 Lithium Americas Corp
LAC
KvvzwddwQld$578.1 Mil
 Lithium Americas (Argentina) Corp
LAAC
VskxdhqvPdjmrt$514.0 Mil
 Compass Minerals International Inc
CMP
LlrbdprcDzdsr$415.8 Mil

Sponsor Center