Glencore

Normalized Copper Production And Argentina Projects Will Shape Future Success

AnalystConsensusTarget

Not Invested

Consensus Narrative from 17 Analysts

Published

22 Apr 25

Updated

28 Aug 25

AnalystConsensusTarget's Fair Value

UK£3.71

21.1% undervalued

28 Aug

UK£2.92

-27.1%

-0.7%

-27.1%

-0.7%

Author's Valuation

UK£3.7

21.1% undervalued

AnalystConsensusTarget Fair Value

Narrative

Updates1

Shared on01 May 25
Fair value Decreased 2.92%

AnalystConsensusTarget Fair Value

UK£3.7

21.1% undervalued

Future estimation in

% p.a.

Decrease

Increase

Current revenue growth rate

1.34%

Metals and Mining revenue growth rate

2.54%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

8.46%

Calculation

US$5.25b

Earnings '28

13.52x

PE Ratio '28

US$70.97b

Market Cap '28

US$70.97b

Market Cap '28

11.22b

No. shares '28

US$6.32

Share Price '28

US$6.32 Share Price '28

Discounted to 2025 @ 8.46% p.a.

US$4.95

Fair Value '25

US$4.95 Fair Value '25

Converted to GBP @ 0.7409 USD/GBP Exchange Rate

UK£3.67

Fair Value '25

Normalized Copper Production And Argentina Projects Will Shape Future Success

Shared on01 May 25Fair value Decreased 2.92%

Shared on01 May 25
Fair value Decreased 2.92%