Added to YB: 2024-07-17
Pitch date: 2024-07-16
VALE [bullish]
Vale S.A.
+33.24%
current return
Author Info
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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 9.52
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
Stock Investment: Vale S.A. - $VALE
VALE: Brazilian iron/nickel miner w/ moat (high entry costs). Strong financials, experienced mgmt. NYSE listing mitigates forex risk. Risks: political instability, commodity price fluctuations. 200 shares @ $11.2, expected 15% dividend yield (~$300/yr). Top 3 global player w/ Rio Tinto & BHP. Predictable cashflow, low-med debt.
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