Glencore plc produces, refines, processes, stores, transports, and markets metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. More Details
Reasonable growth potential and fair value.
Share Price & News
How has Glencore's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GLEN is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: GLEN's weekly volatility (6%) has been stable over the past year.
7 Day Return
GB Metals and Mining
1 Year Return
GB Metals and Mining
Return vs Industry: GLEN exceeded the UK Metals and Mining industry which returned 71.9% over the past year.
Return vs Market: GLEN exceeded the UK Market which returned 23.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Glencore's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StGlencore plc (LON:GLEN) Will Pay A US$0.06 Dividend In Three Days
6 days ago | Simply Wall StIs Glencore plc (LON:GLEN) A Great Dividend Stock?
3 weeks ago | Simply Wall StHave Insiders Been Buying Glencore plc (LON:GLEN) Shares?
Is Glencore undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GLEN (£3.04) is trading below our estimate of fair value (£4.34)
Significantly Below Fair Value: GLEN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GLEN is unprofitable, so we can't compare its PE Ratio to the GB Metals and Mining industry average.
PE vs Market: GLEN is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GLEN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GLEN is good value based on its PB Ratio (1.5x) compared to the GB Metals and Mining industry average (2.1x).
How is Glencore forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GLEN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1%).
Earnings vs Market: GLEN is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: GLEN's is expected to become profitable in the next 3 years.
Revenue vs Market: GLEN's revenue (9.2% per year) is forecast to grow faster than the UK market (5.8% per year).
High Growth Revenue: GLEN's revenue (9.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GLEN's Return on Equity is forecast to be low in 3 years time (10.5%).
How has Glencore performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GLEN is currently unprofitable.
Growing Profit Margin: GLEN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GLEN is unprofitable, but has reduced losses over the past 5 years at a rate of 9.9% per year.
Accelerating Growth: Unable to compare GLEN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GLEN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (15%).
Return on Equity
High ROE: GLEN has a negative Return on Equity (-11.47%), as it is currently unprofitable.
How is Glencore's financial position?
Financial Position Analysis
Short Term Liabilities: GLEN's short term assets ($43.2B) exceed its short term liabilities ($39.4B).
Long Term Liabilities: GLEN's short term assets ($43.2B) do not cover its long term liabilities ($44.2B).
Debt to Equity History and Analysis
Debt Level: GLEN's debt to equity ratio (105%) is considered high.
Reducing Debt: GLEN's debt to equity ratio has reduced from 105.5% to 105% over the past 5 years.
Debt Coverage: GLEN's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: Insufficient data to determine if GLEN's interest payments on its debt are well covered by EBIT.
What is Glencore current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: GLEN's dividend (2.82%) is higher than the bottom 25% of dividend payers in the UK market (1.34%).
High Dividend: GLEN's dividend (2.82%) is low compared to the top 25% of dividend payers in the UK market (4.08%).
Stability and Growth of Payments
Stable Dividend: GLEN's dividend payments have been volatile in the past 10 years.
Growing Dividend: GLEN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: GLEN is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: GLEN's dividends in 3 years are forecast to be covered by earnings (50.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ivan Glasenberg (63 yo)
Mr. Ivan Glasenberg serves as the Chief Executive Officer of Glencore International AG since January 2002 and Glencore plc since 2011. Mr. Glasenberg joined Glencore in April 1984. Mr. Glasenberg initially...
CEO Compensation Analysis
Compensation vs Market: Ivan's total compensation ($USD1.51M) is below average for companies of similar size in the UK market ($USD3.57M).
Compensation vs Earnings: Ivan's compensation has increased whilst the company is unprofitable.
Experienced Management: GLEN's management team is seasoned and experienced (6.3 years average tenure).
Experienced Board: GLEN's board of directors are considered experienced (6.8 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Glencore plc's company bio, employee growth, exchange listings and data sources
- Name: Glencore plc
- Ticker: GLEN
- Exchange: LSE
- Founded: 1974
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: UK£39.995b
- Shares outstanding: 13.24b
- Website: https://www.glencore.com
Number of Employees
- Glencore plc
- Baarermattstrasse 3
- P.O. Box 1363
Glencore plc produces, refines, processes, stores, transports, and markets metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments, Mar...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/19 19:17|
|End of Day Share Price||2021/04/19 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.