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South32 Ltd
ASX:S32

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South32 Ltd
ASX:S32
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Price: 4.09 AUD -2.15%
Market Cap: AU$18.3B

Relative Value

The Relative Value of one S32 stock under the Base Case scenario is 3.38 AUD. Compared to the current market price of 4.09 AUD, South32 Ltd is Overvalued by 17%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

S32 Relative Value
Base Case
3.38 AUD
Overvaluation 17%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

S32 Competitors Multiples
South32 Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
South32 Ltd
ASX:S32
18.4B AUD 2.4 40.8 10.3 16.6
AU
BHP Group Ltd
ASX:BHP
246.3B AUD 3.2 16.9 6.6 8.3
AU
Rio Tinto Ltd
ASX:RIO
248.3B AUD 3 17.6 7.4 10.2
UK
Rio Tinto PLC
LSE:RIO
108.4B GBP 2.5 14.6 7 9.6
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.4T MXN 4.6 16.7 8.6 9.9
CH
Glencore PLC
LSE:GLEN
61.6B GBP 0.3 226.3 11 35.1
SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR 6.6 44.7 20.5 30.9
CN
CMOC Group Ltd
SSE:603993
409.9B CNY 2 21 11.8 11.8
CN
China Molybdenum Co Ltd
OTC:CMCLF
52.5B USD 1.8 18.5 10.3 10.3
UK
Anglo American PLC
LSE:AAL
36.2B GBP 2.6 -13.1 9.2 14.5
ZA
African Rainbow Minerals Ltd
JSE:ARI
42.4B ZAR 3.1 32.9 -68.6 -68.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
South32 Ltd
ASX:S32
Average EV/EBITDA: 10.2
10.3
15%
0.7
AU
BHP Group Ltd
ASX:BHP
6.6
5%
1.3
AU
Rio Tinto Ltd
ASX:RIO
7.4
8%
0.9
UK
Rio Tinto PLC
LSE:RIO
7
8%
0.9
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
8.6
6%
1.4
CH
Glencore PLC
LSE:GLEN
11
24%
0.5
SA
Saudi Arabian Mining Company SJSC
SAU:1211
20.5
15%
1.4
CN
CMOC Group Ltd
SSE:603993
11.8
30%
0.4
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
10.3
30%
0.3
UK
Anglo American PLC
LSE:AAL
9.2
21%
0.4
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Negative Multiple: -68.6 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
South32 Ltd
ASX:S32
Average EV/EBIT: 15.7
16.6
16%
1
AU
BHP Group Ltd
ASX:BHP
8.3
6%
1.4
AU
Rio Tinto Ltd
ASX:RIO
10.2
9%
1.1
UK
Rio Tinto PLC
LSE:RIO
9.6
8%
1.2
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
9.9
2%
4.9
CH
Glencore PLC
LSE:GLEN
35.1
50%
0.7
SA
Saudi Arabian Mining Company SJSC
SAU:1211
30.9
22%
1.4
CN
CMOC Group Ltd
SSE:603993
11.8
24%
0.5
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
10.3
24%
0.4
UK
Anglo American PLC
LSE:AAL
14.5
23%
0.6
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Negative Multiple: -68.6 N/A N/A
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett