DashboardPortfoliosWatchlistCommunityDiscoverScreener
NOT FOR DISTRIBUTION
Loading...
  • Stocks
  • /
  • Materials
Updated 1h ago
S32 logo

South32 LimitedJSE:S32 Stock Report

Market Cap R260.6b
Updated 1h ago
Share Price
n/a
1Y84.4%
7D-5.4%
1D-3.4%
Portfolio Value
​
View

South32 Limited

JSE:S32 Stock Report

Market Cap: R260.6b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

South32 (S32) Stock Overview

Operates as a diversified metals and mining company. More details

S32 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends3/6

Rewards

Trading at 44.9% below our estimate of its fair value

Earnings grew by 233.6% over the past year

Risk Analysis

Significant insider selling over the past 3 months

Large one-off items impacting financial results


S32 Community Fair Values

Create Narrative

See what 9 others think this stock is worth. Follow their fair value or set your own to get alerts.

NEW443,000 members

Join community and earn perks

Gain real feedbackFrom our editorial team, personally. Not silence.
Grow your followingReal investors. The kind who actually invest, not scroll past.
Unlock free accessFree premium subscription for consistent and quality authors.
Learn moreCreate Narrative
B
BlackGoat
R
RockeTeller
I
Investingwilly
D
davidlsander
443,000 investors already sharing narratives
R
Current Price
R55.5266.3% overvalued intrinsic discount
%/yr
Decrease
Increase
PastFuture-2b9b2016201920222025202620282031Revenue US$6.8bEarnings US$1.2b
Advanced
View all narratives

South32 Limited Competitors

African Rainbow Minerals

Symbol: JSE:ARI
Market cap: R35.4b

Impala Platinum Holdings

Symbol: JSE:IMP
Market cap: R216.0b

Valterra Platinum

Symbol: JSE:VAL
Market cap: R375.8b

Harmony Gold Mining

Symbol: JSE:HAR
Market cap: R209.6b

Price History & Performance

Summary of share price highs, lows and changes for South32
Historical stock prices
Current Share PriceAU$57.50
52 Week HighAU$61.34
52 Week LowAU$29.34
Beta0.70
1 Month Change5.87%
3 Month Change11.61%
1 Year Change90.97%
3 Year Change41.94%
5 Year Change64.24%
Change since IPO184.09%

Recent News & Updates

Recent updates

Shareholder Returns

S32ZA Metals and MiningZA Market
7D-2.0%-0.8%-1.0%
1Y91.0%22.3%9.2%

Return vs Industry: S32 exceeded the ZA Metals and Mining industry which returned 22.3% over the past year.

Return vs Market: S32 exceeded the ZA Market which returned 9.2% over the past year.

Price Volatility

Is S32's price volatile compared to industry and market?
S32 volatility
S32 Average Weekly Movement5.8%
Metals and Mining Industry Average Movement8.1%
Market Average Movement4.5%
10% most volatile stocks in ZA Market10.9%
10% least volatile stocks in ZA Market2.6%

Stable Share Price: S32 has not had significant price volatility in the past 3 months compared to the ZA market.

Volatility Over Time: S32's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20006,867Matt Daleywww.south32.net

South32 Limited operates as a diversified metals and mining company. The company operates through Sierra Gorda, Cannington, Hermosa, Australia Manganese, South Africa Manganese, and Mozal Aluminium segments. It explores for copper, silver, lead, zinc, manganese, and base metal deposits.

South32 Limited Fundamentals Summary

How do South32's earnings and revenue compare to its market cap?
S32 fundamental statistics
Market capR260.60b
Earnings (TTM)R17.13b
Revenue (TTM)R95.92b
15.2x
P/E Ratio
2.7x
P/S Ratio

Is S32 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
S32 income statement (TTM)
RevenueUS$5.94b
Cost of RevenueUS$2.84b
Gross ProfitUS$3.10b
Other ExpensesUS$2.04b
EarningsUS$1.06b

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

Oct 19, 2026

Earnings per share (EPS)0.24
Gross Margin52.22%
Net Profit Margin17.86%
Debt/Equity Ratio11.4%

How did S32 perform over the long term?

See historical performance and comparison

Dividends

2.6%
Current Dividend Yield
39%
Payout Ratio

Does S32 pay a reliable dividends?

See S32 dividend history and benchmarks
When do you need to buy S32 by to receive an upcoming dividend?
South32 dividend dates
Ex Dividend DateSep 16 2026
Dividend Pay DateOct 15 2026
Days until Ex dividend1 day
Days until Dividend pay date30 days

Does S32 pay a reliable dividends?

See S32 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/14 16:20
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2026/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

South32 Limited is covered by 30 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ayan GhoshAvior Capital Markets
Amos FletcherBarclays
Izak RossouwBarclays

Make Better Investing Decisions Anywhere

Scan to download
Open AppStoreOpen Google Play
Chrome Web Store
Level 5, 320 Pitt Street, Sydney
Financial Data provided by S&P Global Market Intelligence LLC, analysis provided by Simply Wall Street Pty Ltd. Copyright © 2026, S&P Global Market Intelligence LLC. All rights reserved.
View Data Sources
Markets
  • US: NYSE & NASDAQ
  • UK: FTSE
  • Australia: ASX
  • India: NIFTY
  • Canada: TSX
  • South Africa: JSE
  • Japan: NIKKEI
  • South Korea: KOSPI
  • Germany: DAX
Investing Ideas
  • Undervalued Companies
  • Dividend Powerhouses
  • Insider Buying
  • Nuclear Energy
  • Autonomous Vehicles
  • Artificial Intelligence
  • Crypto and Blockchain
  • Cybersecurity
  • More ideas
Stock Communities
  • AstraZeneca
  • HSBC Holdings
  • Shell
  • Unilever
  • Diageo
  • Rio Tinto Group
  • RELX
  • BP
  • Barclays
Features & Tools
  • Portfolio Tracker
  • Stock Screener & Alerts
  • Narratives & Fair Values
  • Dividend Calculator
News & Discovery
  • Latest Stock News
  • Global Market Insights
  • The Foxhole
  • Investing Ideas
  • Community Narratives
  • What's New
Simply Wall St
  • Plans & Pricing
  • Advertising
  • About Us
  • Contact Us
  • Careers
  • Help Center
  • Learn Stock Investing
  • Affiliate Program
  • Business & Enterprise
  • Charlie AI
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.
© 2026 Simply Wall Street Pty Ltd, US Design Patent #29/544/281, Community and European Design Registration #2845206
  • Terms and Conditions
  • Privacy Policy
  • AI Terms
  • Financial Services Guide