VALE3 Stock Overview
Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||R$69.80|
|52 Week High||R$109.90|
|52 Week Low||R$61.85|
|1 Month Change||-4.12%|
|3 Month Change||-10.29%|
|1 Year Change||-35.55%|
|3 Year Change||59.76%|
|5 Year Change||121.24%|
|Change since IPO||131,523.61%|
Recent News & Updates
Vale's (BVMF:VALE3) Conservative Accounting Might Explain Soft Earnings
Soft earnings didn't appear to concern Vale S.A.'s ( BVMF:VALE3 ) shareholders over the last week. We did some digging...
|VALE3||BR Metals and Mining||BR Market|
Return vs Industry: VALE3 exceeded the BR Metals and Mining industry which returned -37% over the past year.
Return vs Market: VALE3 underperformed the BR Market which returned -18.9% over the past year.
|VALE3 Average Weekly Movement||5.0%|
|Metals and Mining Industry Average Movement||6.2%|
|Market Average Movement||6.0%|
|10% most volatile stocks in BR Market||9.7%|
|10% least volatile stocks in BR Market||2.3%|
Stable Share Price: VALE3 is not significantly more volatile than the rest of BR stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: VALE3's weekly volatility (5%) has been stable over the past year.
About the Company
|1942||74,316||Eduardo de Salles Bartolomeo||https://www.vale.com|
Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Ferrous Minerals and Base Metals segments. The Ferrous Minerals segment produces and extracts iron ore and pellets, manganese, ferroalloys, and other ferrous products; and provides related logistic services.
Vale Fundamentals Summary
|VALE3 fundamental statistics|
Is VALE3 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|VALE3 income statement (TTM)|
|Cost of Revenue||R$118.47b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Oct 27, 2022
|Earnings per share (EPS)||22.10|
|Net Profit Margin||40.69%|
How did VALE3 perform over the long term?See historical performance and comparison
10.4%Current Dividend Yield
Does VALE3 pay a reliable dividends?See VALE3 dividend history and benchmarks
|Vale dividend dates|
|Ex Dividend Date||Aug 12 2022|
|Dividend Pay Date||Sep 01 2022|
|Days until Ex dividend||1 day|
|Days until Dividend pay date||19 days|
Does VALE3 pay a reliable dividends?See VALE3 dividend history and benchmarks
Is VALE3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for VALE3?
Other financial metrics that can be useful for relative valuation.
|What is VALE3's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does VALE3's PE Ratio compare to its peers?
|VALE3 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
CSNA3 Companhia Siderúrgica Nacional
CMIN3 CSN Mineração
GOAU4 Metalurgica Gerdau
Price-To-Earnings vs Peers: VALE3 is expensive based on its Price-To-Earnings Ratio (3.2x) compared to the peer average (3x).
Price to Earnings Ratio vs Industry
How does VALE3's PE Ratio compare vs other companies in the South American Metals and Mining Industry?
Price-To-Earnings vs Industry: VALE3 is expensive based on its Price-To-Earnings Ratio (3.2x) compared to the BR Metals and Mining industry average (3.1x)
Price to Earnings Ratio vs Fair Ratio
What is VALE3's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||3.2x|
|Fair PE Ratio||6.2x|
Price-To-Earnings vs Fair Ratio: VALE3 is good value based on its Price-To-Earnings Ratio (3.2x) compared to the estimated Fair Price-To-Earnings Ratio (6.2x).
Share Price vs Fair Value
What is the Fair Price of VALE3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: VALE3 (R$69.8) is trading below our estimate of fair value (R$109.12)
Significantly Below Fair Value: VALE3 is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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How is Vale forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VALE3's earnings are forecast to decline over the next 3 years (-21.5% per year).
Earnings vs Market: VALE3's earnings are forecast to decline over the next 3 years (-21.5% per year).
High Growth Earnings: VALE3's earnings are forecast to decline over the next 3 years.
Revenue vs Market: VALE3's revenue is expected to decline over the next 3 years (-4.1% per year).
High Growth Revenue: VALE3's revenue is forecast to decline over the next 3 years (-4.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VALE3's Return on Equity is forecast to be high in 3 years time (23.2%)
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How has Vale performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VALE3 has high quality earnings.
Growing Profit Margin: VALE3's current net profit margins (40.7%) are higher than last year (36.1%).
Past Earnings Growth Analysis
Earnings Trend: VALE3's earnings have grown significantly by 51.2% per year over the past 5 years.
Accelerating Growth: VALE3's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VALE3 had negative earnings growth (-3.2%) over the past year, making it difficult to compare to the Metals and Mining industry average (73.6%).
Return on Equity
High ROE: VALE3's Return on Equity (53%) is considered outstanding.
Discover strong past performing companies
How is Vale's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: VALE3's short term assets (R$83.9B) exceed its short term liabilities (R$63.5B).
Long Term Liabilities: VALE3's short term assets (R$83.9B) do not cover its long term liabilities (R$184.7B).
Debt to Equity History and Analysis
Debt Level: VALE3's net debt to equity ratio (19.7%) is considered satisfactory.
Reducing Debt: VALE3's debt to equity ratio has reduced from 71.2% to 39.6% over the past 5 years.
Debt Coverage: VALE3's debt is well covered by operating cash flow (116.3%).
Interest Coverage: VALE3's interest payments on its debt are well covered by EBIT (22.5x coverage).
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What is Vale current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: VALE3's dividend (10.45%) is higher than the bottom 25% of dividend payers in the BR market (1.57%).
High Dividend: VALE3's dividend (10.45%) is in the top 25% of dividend payers in the BR market (7.46%)
Stability and Growth of Payments
Stable Dividend: VALE3's dividend payments have been volatile in the past 10 years.
Growing Dividend: VALE3's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.7%), VALE3's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.1%), VALE3's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Eduardo de Salles Bartolomeo (58 yo)
Mr. Eduardo de Salles Bartolomeo serves as the President (Chief Executive Officer) at Vale S.A. since April 2019. He served as President Commissioner of PT Vale Indonesia Tbk since April 04, 2018 and had b...
Experienced Management: VALE3's management team is considered experienced (2.1 years average tenure).
Experienced Board: VALE3's board of directors are considered experienced (3.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Vale S.A.'s employee growth, exchange listings and data sources
- Name: Vale S.A.
- Ticker: VALE3
- Exchange: BOVESPA
- Founded: 1942
- Industry: Steel
- Sector: Materials
- Implied Market Cap: R$320.470b
- Shares outstanding: 4.59b
- Website: https://www.vale.com
Number of Employees
- Vale S.A.
- Praia de Botafogo 186
- Salas 501 a 1901
- Rio De Janeiro
- Rio de Janeiro
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/12 00:00|
|End of Day Share Price||2022/08/12 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.