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Added to YB: 2024-10-29

Pitch date: 2024-10-26

VALE [bullish]

Vale S.A.

+32.9%

current return

Author Info

Company Info

Vale S.A., together with its subsidiaries, produces iron ore and nickel in Asia, the Americas, Europe, and internationally.

Market Cap

BRL 299.8B

Pitch Price

BRL 9.55

Price Target

N/A

Dividend

7.80%

EV/EBITDA

5.01

P/E

9.95

EV/Sales

1.81

Sector

Metals and Mining

Category

dividend

Show full summary:
From Ore to Opportunity: The Case for Vale’s Comeback

VALE: Iron ore giant at 5x 2025E P/E, double-digit dividend. Record production, China fears overblown. Q3 beat, costs down. $30B Mariana settlement manageable. Base metals division valued at $26B (50% of mkt cap). Iron ore biz severely undervalued. Lawsuits progressing well.

Read full article (3 min)