South32 (ASX:S32) - Stock Price, News & Analysis

S32 Stock Overview

S32 fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	3/6
Past Performance	0/6
Financial Health	4/6
Dividends	1/6

Rewards

Trading at 59.6% below our estimate of its fair value

Earnings are forecast to grow 33.35% per year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 28.5%

Risk Analysis

Dividend of 4.04% is not well covered by earnings or cash flows

South32 Limited Competitors

Mineral Resources

ASX:MIN

AU$11.1b

IGO

ASX:IGO

AU$5.7b

Lynas Rare Earths

ASX:LYC

AU$5.8b

Iluka Resources

ASX:ILU

AU$2.9b

Price History & Performance

Summary of all time highs, changes and price drops for South32
Historical stock prices
Current Share Price	AU$3.06
52 Week High	AU$4.87
52 Week Low	AU$2.99
Beta	0.89
1 Month Change	-6.42%
3 Month Change	-7.83%
1 Year Change	-29.33%
3 Year Change	16.79%
5 Year Change	-3.77%
Change since IPO	49.27%

Here's Why South32 (ASX:S32) Can Manage Its Debt Responsibly

Nov 25

Recent updates

Here's Why South32 (ASX:S32) Can Manage Its Debt Responsibly

Nov 25

Is South32 (ASX:S32) Using Too Much Debt?

Aug 25

South32 Limited's (ASX:S32) Intrinsic Value Is Potentially 89% Above Its Share Price

May 10

South32 Limited's (ASX:S32) CEO Will Probably Have Their Compensation Approved By Shareholders

Oct 20

Is There An Opportunity With South32 Limited's (ASX:S32) 46% Undervaluation?

Oct 04

Here's Why South32 (ASX:S32) Has Caught The Eye Of Investors

Sep 16

Are Investors Undervaluing South32 Limited (ASX:S32) By 34%?

Jun 28

Is South32 (ASX:S32) Using Too Much Debt?

Jun 07

Calculating The Intrinsic Value Of South32 Limited (ASX:S32)

Mar 29

South32 (ASX:S32) Has A Rock Solid Balance Sheet

Mar 08

Are Investors Undervaluing South32 Limited (ASX:S32) By 50%?

Dec 04

Is South32 (ASX:S32) Using Too Much Debt?

Nov 07

We Think South32's (ASX:S32) Solid Earnings Are Understated

Aug 25

Investors Could Be Concerned With South32's (ASX:S32) Returns On Capital

Aug 19

Estimating The Intrinsic Value Of South32 Limited (ASX:S32)

Jun 01

Returns On Capital At South32 (ASX:S32) Paint A Concerning Picture

May 10

Is South32 (ASX:S32) A Risky Investment?

Mar 29

Are Insiders Buying South32 Limited (ASX:S32) Stock?

Mar 01

Is South32 (ASX:S32) Using Capital Effectively?

Feb 01

Shareholder Returns

	S32	AU Metals and Mining	AU Market
7D	0%	-0.3%	0.5%
1Y	-29.3%	-5.5%	-3.4%

Return vs Industry: S32 underperformed the Australian Metals and Mining industry which returned -5.5% over the past year.

Return vs Market: S32 underperformed the Australian Market which returned -3.4% over the past year.

Price Volatility

Is S32's price volatile compared to industry and market?
S32 volatility
S32 Average Weekly Movement	3.9%
Metals and Mining Industry Average Movement	11.2%
Market Average Movement	8.7%
10% most volatile stocks in AU Market	17.7%
10% least volatile stocks in AU Market	3.1%

Stable Share Price: S32 is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: S32's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2000	9,616	Graham Kerr	https://www.south32.net

South32 Limited operates as a diversified metals and mining company in Australia, India, China, Japan, the Middle East, Mozambique, the Netherlands, Brazil, Russia, South Africa, South Korea, the United States, and internationally. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Cerro Matoso, Illawarra Metallurgical Coal, Australia Manganese, and South Africa Manganese segments. It has a portfolio of assets producing bauxite, alumina, aluminum, copper, silver, lead, zinc, nickel, metallurgical coal, manganese, ferronickel, and other base metals.

South32 Limited Fundamentals Summary

How do South32's earnings and revenue compare to its market cap?
S32 fundamental statistics
Market Cap	AU$13.81b
Earnings (TTM)	-AU$264.00m
Revenue (TTM)	AU$11.50b

1.2x

P/S Ratio

-52.3x

P/E Ratio

Is S32 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
S32 income statement (TTM)
Revenue	US$7.54b
Cost of Revenue	US$3.59b
Gross Profit	US$3.95b
Other Expenses	US$4.12b
Earnings	-US$173.00m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

Feb 15, 2024

Earnings per share (EPS)	-0.038
Gross Margin	52.41%
Net Profit Margin	-2.30%
Debt/Equity Ratio	11.4%

How did S32 perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

-214%

Payout Ratio

S32 Stock Overview

Rewards

Risk Analysis

South32 Limited Competitors

ASX:MIN

AU$11.1b

ASX:IGO

AU$5.7b

ASX:LYC

AU$5.8b

ASX:ILU

AU$2.9b

Price History & Performance

Recent News & Updates

South32 Limited Announces the Appointment of Sharon Warburton as Independent Non-Executive Director

South32 Limited Announces the Appointment of Sharon Warburton as Independent Non-Executive Director

Here's Why South32 (ASX:S32) Can Manage Its Debt Responsibly

South32 Limited Provides Production Guidance for the Fiscal Year 2024

Upcoming dividend of US$0.032 per share at 3.7% yield

Coronado Reportedly in Talks with South32 on Coal Asset

Recent updates

South32 Limited Announces the Appointment of Sharon Warburton as Independent Non-Executive Director

South32 Limited Announces the Appointment of Sharon Warburton as Independent Non-Executive Director

Here's Why South32 (ASX:S32) Can Manage Its Debt Responsibly

South32 Limited Provides Production Guidance for the Fiscal Year 2024

Upcoming dividend of US$0.032 per share at 3.7% yield

Coronado Reportedly in Talks with South32 on Coal Asset

South32 Limited Reports First Time Mineral Resource Estimate for the Sierra Gorda Copper Mine

Is South32 (ASX:S32) Using Too Much Debt?

South32 Limited Announces Ordinary Fully Paid Dividend for the Six Months Ended June 30, 2023, Payment Date of October 12, 2023

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Suitors Reportedly Prepare to Lob Bids for Chalice

Consensus EPS estimates fall by 39%

South32 Limited Announces Resignation of Guy Lansdown as Director

South32 Limited Provides Hermosa Project Update

South32 Limited's (ASX:S32) Intrinsic Value Is Potentially 89% Above Its Share Price

South32 Reportedly Eyeing $3bn Copper Buy

Consensus EPS estimates fall by 11%

Consensus EPS estimates fall by 11%

Consensus EPS estimates fall by 13%

Is South32 (ASX:S32) A Risky Investment?

Upcoming dividend of US$0.049 per share at 10% yield

First half 2023 earnings released: EPS: US$0.15 (vs US$0.22 in 1H 2022)

South32 Limited Resolves to Pay Interim Dividend for the Half Year Ended 31 December 2022, Payable 6 April 2023

Does South32 (ASX:S32) Deserve A Spot On Your Watchlist?

Estimating The Fair Value Of South32 Limited (ASX:S32)

Now 21% undervalued

South32 (ASX:S32) Has A Rock Solid Balance Sheet

South32 Limited, Annual General Meeting, Oct 26, 2023

Consensus EPS estimates fall by 10%

South32 Limited's (ASX:S32) CEO Will Probably Have Their Compensation Approved By Shareholders

Consensus forecasts updated

Is There An Opportunity With South32 Limited's (ASX:S32) 46% Undervaluation?

Here's Why South32 (ASX:S32) Has Caught The Eye Of Investors

Upcoming dividend of US$0.17 per share

CEO, MD & Executive Director exercised options and sold AU$563k worth of stock

Full year 2022 earnings: EPS and revenues miss analyst expectations

South32 Limited Resolves to Pay Final Dividend for the Year Ended 30 June 2022, Payable on 13 October 2022

Consensus EPS estimates fall by 47%

Are Investors Undervaluing South32 Limited (ASX:S32) By 34%?

Investor sentiment deteriorated over the past week

Is South32 (ASX:S32) Using Too Much Debt?

South32 Limited completed the acquisition of an additional 16.6% stake in Mozal Aluminium from MCA Metals Holding Gmbh for $200 million.

South32 Limited (ASX:S32) completed the acquisition of additional 18.2% stake in MRN Bauxite Mine from Alcoa Corporation (NYSE:AA).

Insufficient new directors

Calculating The Intrinsic Value Of South32 Limited (ASX:S32)

Now 22% undervalued

South32 (ASX:S32) Has A Rock Solid Balance Sheet

Upcoming dividend of US$0.087 per share

South32 Limited to Report Q4, 2022 Final Results on Jul 25, 2022

South32 Limited (ASX:S32) completed the acquisition of 31.5% stake in Sierra Gorda S.C.M. from Sumitomo Metal Mining Co., Ltd. (TSE:5713).

First half 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

South32 Limited Declares Ordinary Franked Dividend for the Six Months Ended December 31, 2021, Payable on April 7, 2022

South32 Limited Announces Hermosa Project Update

South32 Limited with Joint Venture Partner Alcoa Corporation Announces Restart of Brazil Aluminium Using Renewable Power

Insufficient new directors

Are Investors Undervaluing South32 Limited (ASX:S32) By 50%?

Is South32 (ASX:S32) Using Too Much Debt?

Upcoming dividend of US$0.055 per share

CEO, MD & Executive Director exercised options and sold AU$455k worth of stock