Ratings South32 Limited Johannesburg S.E.

Equities

S32

AU000000S320

End-of-day quote Johannesburg S.E. Other stock markets 03:30:00 17/05/2024 am IST			5-day change	1st Jan Change
45.77 ^ZAR	+0.70%		+3.67%	+8.49%

15/05	BHP's options for Anglo American deal narrow as deadline looms	RE
14/05	Anglo-BHP takeover saga is full of twists and turns

Summary

On the basis of various fundamental qualitative criteria, the company appears to be particularly poorly ranked from a medium and long-term investment perspective.
Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Strengths

The earnings growth currently anticipated by analysts for the coming years is particularly strong.
The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
For several months, analysts have been revising their EPS estimates roughly upwards.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
Analyst opinion has improved significantly over the past four months.

Weaknesses

According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
For the past year, analysts have significantly revised downwards their profit estimates.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.

Ratings chart - Surperformance

Sector: Diversified Mining

	1st Jan change	Capi.	ESG Refinitiv
SOUTH32 LIMITED	+8.49%	1.13TCr	-
BHP GROUP LIMITED	-10.95%	15TCr	C+
RIO TINTO PLC	-0.98%	12TCr	C
GLENCORE PLC	+5.27%	7.67TCr	C+
GRUPO MÉXICO, S.A.B. DE C.V.	+19.27%	5.26TCr	B
SAUDI ARABIAN MINING COMPANY (MA'ADEN)	+2.99%	4.91TCr	B+
ANGLO AMERICAN PLC	+35.87%	4.13TCr	C+
HINDUSTAN ZINC LIMITED	+94.59%	2.99TCr	A-
TECK RESOURCES LIMITED	+30.73%	2.79TCr	B-
VEDANTA LIMITED	+77.37%	1.97TCr	C+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes