SOUTH32 LIMITED (S32)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

S32 - SOUTH32 LIMITED

FNArena Sector : Mining
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 0.92
Index: ASX20 | ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

South32 is a mining and metals company producing alumina, aluminium, energy and metallurgical coal, manganese, nickel, silver, lead and zinc in Australia, Southern Africa and South America. It was spun out of BHP Billiton in 2015.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.29

12 Apr
2024

-0.050

OPEN

$3.32

-1.50%

HIGH

$3.34

13,066,669

LOW

$3.29

TARGET
$3.708 12.7% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
5EA . AMN . APC . ARV . AZS . AZY . BML . CNB . COD . DRE . EM2 . G1A . HFR . KLL . KSN . LM8 . LRS . PEX . PMT . QML . RTR . S2R . SVY .
FNARENA'S MARKET CONSENSUS FORECASTS
S32: 1
Title FY24
Forecast
FY25
Forecast
EPS (cps) 12.3 xxx
DPS (cps) 4.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 27.9 xxx
Dividend Yield 1.1% xxx
Div Pay Ratio(%) 32.1% 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: 1.68%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

1.43

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: 07/03 - ex-div 0.62c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-5.6
DPS All xxxxxxxxxxxxxxx12.3
Sales/Revenue xxxxxxxxxxxxxxx11,044.4 M
Book Value Per Share xxxxxxxxxxxxxxx311.1
Net Operating Cash Flow xxxxxxxxxxxxxxx1,770.6 M
Net Profit Margin xxxxxxxxxxxxxxx-2.33 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-1.73 %
Return on Invested Capital xxxxxxxxxxxxxxx-1.52 %
Return on Assets xxxxxxxxxxxxxxx-1.13 %
Return on Equity xxxxxxxxxxxxxxx-1.73 %
Return on Total Capital xxxxxxxxxxxxxxx10.65 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-900.9 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 xxxxxxxxxxxxxxx548 M
Long Term Debt xxxxxxxxxxxxxxx2,067 M
Total Debt xxxxxxxxxxxxxxx2,615 M
Goodwill - Gross xxxxxxxxxxxxxxx209 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx1,890 M
Price To Book Value xxxxxxxxxxxxxxx1.21

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx1,416.8 M
Capex % of Sales xxxxxxxxxxxxxxx12.83 %
Cost of Goods Sold xxxxxxxxxxxxxxx8,835 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx343 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx3,601 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

0.8

No. Of Recommendations

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

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

26/03/2024

1

Add

$4.10

24.62%

Morgans adopts a more positive view than consensus on demand conditions for commodities in the expectation US dollar weakness and a return to growth in the West offsets the weak property market in China.

Due to sustained supply deficits in coming years, the broker prefers copper and oil exposures. The iron ore price is expected to remain healthy until around 2026 when low-cost, high-quality supply from the Simandou mine in Africa enters the market, and potentially lowers prices.

The analysts anticipate gold stocks could rally to 'catch up' to all-time highs for gold prices. Oil, LNG and uranium price forecasts are increased, while the 2024 spodumene price estimate is further trimmed.

Following the announced  proposed sale of the Illawarra met coal operations, Morgans likes that South32 would become an around 90% base metals business. The stock is one the broker's top mining sector picks. Add. Target $4.10.

FORECAST
Morgans forecasts a full year FY24 dividend of 1.22 cents and EPS of 11.71 cents.
Morgans forecasts a full year FY25 dividend of 6.39 cents and EPS of 45.19 cents.

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

S32 STOCK CHART