Added to YB: 2024-02-14
Pitch date: 2024-02-12
VALE [bearish]
Vale S.A.
-28.54%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
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 53.38
Price Target
N/A
Dividend
7.80%
EV/EBITDA
5.01
P/E
9.95
EV/Sales
1.81
Sector
Metals and Mining
Category
value
Show full summary:
[SHORT] Vale: Potential Value Trap Reliant On Weakening Chinese Iron Ore Demand
VALE: Cheap 5-6 P/E & 6% yield but major risks: China property slowdown may slash iron ore demand by 265Mt/yr, prices could hit $63/t (near breakeven) by 2028. Despite stimulus & India, Vale's income already at 2019 level. Dividend may not offset principal loss risk.
Read full article (6 min)