Earnings Alerts

Vale (VALE3) Earnings: 2Q Iron Ore Sale Price $111.80 per Ton, Adjusted Ebitda Margin at 40%

  • Vale’s average iron ore sale price in the second quarter of 2024 was $111.80 per ton.
  • Adjusted EBITDA margin for Vale stood at 40% during this period.
  • Net debt to adjusted EBITDA ratio for Vale was 0.5 times.
  • Analyst ratings include 10 buy recommendations, 3 hold recommendations, and no sell recommendations.

A look at Vale Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth3
Resilience4
Momentum4
OVERALL SMART SCORE3.8

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

Based on the Smartkarma Smart Scores, Vale seems to have a positive long-term outlook. The company scored well in areas such as dividends, resilience, and momentum, indicating strong performance in these aspects. With a high dividend score, investors may find Vale appealing for potential income generation. Moreover, the company’s resilience and momentum scores suggest it is well-equipped to navigate challenges and capitalize on growth opportunities, showcasing a promising future ahead.

Vale S.A., a Brazilian company that specializes in producing and selling various commodities, including iron ore, nickel, and copper, received overall respectable scores across different categories. While there may be room for improvement in terms of value and growth according to the scores, the strong performance in dividends, resilience, and momentum bodes well for Vale’s prospects in the long run. Investors might consider these factors when assessing the company’s potential for sustained growth and stability in the future.


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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