Added to YB: 2026-03-03
Pitch date: 2026-02-27
VALE [neutral]
Vale S.A.
+0.27%
current return
Author Info
Aurelion Research is a research analyst with a passion for markets, specializing in high‑conviction ideas across shipping, offshore drilling, and thematic equity research. Sign up for the newsletter.
Company Info
Vale S.A., together with its subsidiaries, produces iron ore and nickel in Asia, the Americas, Europe, and internationally.
Market Cap
BRL 377.7B
Pitch Price
BRL 87.92
Price Target
N/A
Dividend
6.19%
EV/EBITDA
5.97
P/E
27.39
EV/Sales
2.14
Sector
Metals and Mining
Category
value
Vale: The Iron Ore Giant
VALE (overview): Iron ore hit 336Mt, best since 2019; Cu 382Kt, best since 2018. Nickel costs -16% since 2023. Trades 6.8x 2026E P/E vs sector 12.6x despite 22% ROE. Div yield rising to 8.4% by 2027E. Net Debt/EBITDA 0.4x by 2026E. Risks: China demand, BRL FX, Brumadinho litigation overhang.
Read full article (9 min)