RIO TINTO LIMITED (RIO)
Share Price Analysis and Chart

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RIO - RIO TINTO LIMITED

FNArena Sector : Bulks
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: 0.69
Index: ASX20 | ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Rio Tinto is an Anglo-Australian multinational and the world's second largest metals and mining company behind BHP. It produces iron ore, copper, diamonds, gold, titanium dioxide and zircon, uranium, and more. It has been a listed entity since 1962.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$119.61

16 Jan
2025

0.120

OPEN

$121.00

0.10%

HIGH

$121.18

1,037,533

LOW

$118.93

TARGET
$129.167

+0.17 change from previous day

 8.0% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
BHP .
FNARENA'S MARKET CONSENSUS FORECASTS
RIO: 1
Title FY24
Forecast		 FY25
Forecast
EPS (cps) 1049.4 xxx
DPS (cps) 608.1 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 11.3 xxx
Dividend Yield 5.1% xxx
Div Pay Ratio(%) 57.9% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 6.41%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.92

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 15/08 - ex-div 269.98c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx934.6
DPS All xxxxxxxxxxxxxxx639.4
Sales/Revenue xxxxxxxxxxxxxxx81,415.7 M
Book Value Per Share xxxxxxxxxxxxxxx4,933.6
Net Operating Cash Flow xxxxxxxxxxxxxxx23,535.4 M
Net Profit Margin xxxxxxxxxxxxxxx18.61 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx19.68 %
Return on Invested Capital xxxxxxxxxxxxxxx15.98 %
Return on Assets xxxxxxxxxxxxxxx10.29 %
Return on Equity xxxxxxxxxxxxxxx19.68 %
Return on Total Capital xxxxxxxxxxxxxxx21.12 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx3,112.5 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx1,713 M
Long Term Debt xxxxxxxxxxxxxxx19,320 M
Total Debt xxxxxxxxxxxxxxx21,033 M
Goodwill - Gross xxxxxxxxxxxxxxx23,796 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx15,814 M
Price To Book Value xxxxxxxxxxxxxxx2.75

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx10,675.4 M
Capex % of Sales xxxxxxxxxxxxxxx13.11 %
Cost of Goods Sold xxxxxxxxxxxxxxx57,339 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx3,081 M
Research & Development xxxxxxxxxxxxxxx369 M
Investments - Total xxxxxxxxxxxxxxx7,163 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.5

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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UBS

17/01/2025

3

Neutral

$124.00

3.67%

Rio Tinto's fourth-quarter production was in line with UBS's forecast, and FY25 production guidance was maintained. The broker's $124 target and Neutral rating remain unchanged.

Pilbara iron ore shipments for the fourth quarter reached 86Mt, bringing FY24 shipments to 329Mt, slightly below the guidance midpoint and around -1% below both the broker's and consensus forecasts.

Mined copper performed strongly, note the analysts, driven by higher grades at Escondida and the ramp-up of the Oyu Tolgoi underground, despite continued weakness at Kennecott.

FORECAST
UBS forecasts a full year FY24 dividend of 612.93 cents and EPS of 1015.97 cents.
UBS forecasts a full year FY25 dividend of 716.35 cents and EPS of 1092.02 cents.

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Goldman Sachs

17/01/2025

1

Buy

$146.20

22.23%

Rio Tinto announced its 4Q24 result where realised pricing for 2H was broadly in line with Goldman Sachs' estimate for iron ore while copper and aluminium came in better than expected. The company made no change to 2025 production guidance.

The broker has lifted FY24-25 EPS estimates by 6% and 2% respectively on the result and after lowering exploration expense slightly and lifting bauxite price assumptions but marginally raising aluminium cost assumptions. 

Ahead of the 2024 result in February, the broker is forecasting underlying earnings of US$10.6bn, down 10% and a final dividend of US$1.93/share, taking full year dividend to US$3.70/share.

The Buy rating stays and target price is $146.20.

FORECAST
Goldman Sachs forecasts a full year FY24 dividend of 562.74 cents and EPS of 991.63 cents.
Goldman Sachs forecasts a full year FY25 dividend of 623.57 cents and EPS of 1070.72 cents.
Access Extra Coverage Research History >

RIO STOCK CHART

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