- Vale’s net debt for the first quarter was $12.20 billion, closely aligning with market expectations of $12.28 billion.
- The average sale price of iron ore stood at $103.60 per ton.
- The free-on-board cash cost per ton was $24.70.
- Adjusted EBITDA achieved $3.12 billion while the pro forma EBITDA was slightly below expectations at $3.21 billion versus an estimated $3.39 billion.
- Capital expenditure for the period was reported at $1.17 billion.
- The net debt to adjusted EBITDA ratio was a solid 0.8 times.
- Analysts’ consensus includes 10 buy recommendations, 6 holds, and no sell recommendations.
A look at Vale Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 2 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Vale S.A., a Brazilian company, has received mixed ratings based on Smartkarma Smart Scores. While it excels in paying dividends with a top score of 5, its value and momentum scores fall in the middle range. The company shows resilience with a score of 4, indicating a capacity to withstand economic fluctuations. However, its growth potential is rated at 2, suggesting room for improvement in this aspect.
Looking ahead, Vale’s long-term outlook seems promising for income investors due to its strong dividend track record. The company’s resilience score also highlights its ability to navigate challenges. However, there may be opportunities for Vale to enhance its growth prospects and overall value in the future. By focusing on capitalizing on its strengths and addressing areas of weakness, Vale could position itself for sustainable success in the competitive market environment.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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