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Added to YB: 2025-02-05

Pitch date: 2025-02-01

GLEN.L [bullish]

Glencore plc

+13.85%

current return

Author Info

No bio for this author

Company Info

Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania.

Market Cap

GBP 54.1B

Pitch Price

GBP 3.30

Price Target

N/A

Dividend

2.92%

EV/EBITDA

5.76

P/E

-103.83

EV/Sales

0.34

Sector

Metals and Mining

Category

value

Show full summary:
FPA Crescent Fund Portfolio Holding: Glencore plc

GLEN.L: Global mining co w/ key positions in thermal coal & future metals (Cu, Co, Ni). Top mgmt, strong balance sheet. Shares derated on China weakness & soft commodity prices. Trades at 9x FCF (5yr avg & 2025E). Returns excess capital via variable div & buybacks.

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