GLEN Stock Overview
Glencore plc produces, refines, processes, stores, transports, and markets metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania.
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£3.73|
|52 Week High||UK£3.98|
|52 Week Low||UK£2.10|
|1 Month Change||0.70%|
|3 Month Change||12.01%|
|1 Year Change||75.54%|
|3 Year Change||27.00%|
|5 Year Change||31.37%|
|Change since IPO||-29.72%|
Recent News & Updates
An Intrinsic Calculation For Glencore plc (LON:GLEN) Suggests It's 38% Undervalued
Does the October share price for Glencore plc ( LON:GLEN ) reflect what it's really worth? Today, we will estimate the...
Here's Why Glencore (LON:GLEN) Can Manage Its Debt Responsibly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
|GLEN||GB Metals and Mining||GB Market|
Return vs Industry: GLEN exceeded the UK Metals and Mining industry which returned 14.9% over the past year.
Return vs Market: GLEN exceeded the UK Market which returned 14.8% over the past year.
|GLEN Average Weekly Movement||3.8%|
|Metals and Mining Industry Average Movement||7.1%|
|Market Average Movement||4.8%|
|10% most volatile stocks in GB Market||9.7%|
|10% least volatile stocks in GB Market||2.5%|
Stable Share Price: GLEN is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: GLEN's weekly volatility (4%) has been stable over the past year.
About the Company
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, Marketing Activities and Industrial Activities. The company produces and markets copper, cobalt, nickel, zinc, lead, chrome ore, ferrochrome, vanadium, alumina, aluminum, tin, and iron ore.
Glencore Fundamentals Summary
|GLEN fundamental statistics|
Is GLEN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GLEN income statement (TTM)|
|Cost of Revenue||US$158.50b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.15|
|Net Profit Margin||1.20%|
How did GLEN perform over the long term?See historical performance and comparison
2.4%Current Dividend Yield
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 (£3.73) is trading below our estimate of fair value (£5.99)
Significantly Below Fair Value: GLEN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GLEN is poor value based on its PE Ratio (33x) compared to the UK Metals and Mining industry average (8.1x).
PE vs Market: GLEN is poor value based on its PE Ratio (33x) compared to the UK market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: GLEN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: GLEN's PB Ratio (1.7x) is in line with the GB Metals and Mining industry average.
How is Glencore forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GLEN's earnings are forecast to decline over the next 3 years (-3.9% per year).
Earnings vs Market: GLEN's earnings are forecast to decline over the next 3 years (-3.9% per year).
High Growth Earnings: GLEN's earnings are forecast to decline over the next 3 years.
Revenue vs Market: GLEN's revenue (1.9% per year) is forecast to grow slower than the UK market (4.8% per year).
High Growth Revenue: GLEN's revenue (1.9% 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 (15%).
How has Glencore performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GLEN has a large one-off loss of $1.3B impacting its June 30 2021 financial results.
Growing Profit Margin: GLEN became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: GLEN has become profitable over the past 5 years, growing earnings by -10.5% per year.
Accelerating Growth: GLEN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GLEN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (150.4%).
Return on Equity
High ROE: GLEN's Return on Equity (4.4%) is considered low.
How is Glencore's financial position?
Financial Position Analysis
Short Term Liabilities: GLEN's short term assets ($49.0B) exceed its short term liabilities ($45.4B).
Long Term Liabilities: GLEN's short term assets ($49.0B) exceed its long term liabilities ($42.1B).
Debt to Equity History and Analysis
Debt Level: GLEN's net debt to equity ratio (87.9%) is considered high.
Reducing Debt: GLEN's debt to equity ratio has increased from 92.7% to 95.3% over the past 5 years.
Debt Coverage: GLEN's debt is well covered by operating cash flow (25.1%).
Interest Coverage: GLEN's interest payments on its debt are well covered by EBIT (3.1x coverage).
What is Glencore current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GLEN's dividend (2.42%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).
High Dividend: GLEN's dividend (2.42%) 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: At its current payout ratio (80.1%), GLEN's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GLEN's dividends in 3 years are forecast to be covered by earnings (67.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Gary Nagle (46 yo)
Mr. Gary Nagle serves as Chief Executive Officer and Director at Glencore Plc since July 1, 2021. He served as the Chief Executive Officer of Glencore Xstrata's Alloys Division. He had been Global Head of...
Experienced Management: GLEN's management team is considered experienced (3.4 years average tenure).
Experienced Board: GLEN's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
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 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£49.292b
- Shares outstanding: 13.13b
- Website: https://www.glencore.com
Number of Employees
- Glencore plc
- Baarermattstrasse 3
- P.O. Box 1363
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/25 21:42|
|End of Day Share Price||2021/11/25 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.