South32 Ltd
ASX:S32

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South32 Ltd
ASX:S32
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Price: 3.83 AUD 2.68% Market Closed
Market Cap: 17.3B AUD
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Relative Value

The Relative Value of one S32 stock under the Base Case scenario is 6.34 AUD. Compared to the current market price of 3.83 AUD, South32 Ltd is Undervalued by 40%.

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
6.34 AUD
Undervaluation 40%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
31
vs Industry
57
Median 3Y
1.8
Median 5Y
1.7
Industry
1.8
Forward
1.6
vs History
vs Industry
25
Median 3Y
-11
Median 5Y
-45.4
Industry
15.5
Forward
16.8
vs History
15
vs Industry
14
Median 3Y
8.1
Median 5Y
7.4
Industry
9.2
vs History
vs Industry
6
Median 3Y
3.6
Median 5Y
6.8
Industry
15.2
vs History
28
vs Industry
53
Median 3Y
1.2
Median 5Y
1.1
Industry
1.5
vs History
23
vs Industry
57
Median 3Y
1.9
Median 5Y
1.8
Industry
2.2
Forward
1.7
vs History
6
vs Industry
67
Median 3Y
1.5
Median 5Y
1.5
Industry
7.3
vs History
14
vs Industry
19
Median 3Y
6.9
Median 5Y
6.7
Industry
10
Forward
6.5
vs History
14
vs Industry
13
Median 3Y
5.9
Median 5Y
12.6
Industry
12.8
Forward
10.7
vs History
14
vs Industry
16
Median 3Y
8.2
Median 5Y
6.9
Industry
10.5
vs History
vs Industry
5
Median 3Y
7.2
Median 5Y
8.8
Industry
14.1
vs History
33
vs Industry
57
Median 3Y
0.9
Median 5Y
0.8
Industry
1.3

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
17.3B AUD 2.1 -55.4 14.5 67.9
AU
BHP Group Ltd
ASX:BHP
203.6B AUD 2.4 16.8 4.8 5.9
AU
Rio Tinto Ltd
ASX:RIO
190.1B AUD 2.3 11.5 5.9 8.1
UK
Rio Tinto PLC
LSE:RIO
80.2B GBP 1.9 9.4 16 21.8
CH
Glencore PLC
LSE:GLEN
46.3B GBP 0.3 -111.4 199.1 482.7
SA
Saudi Arabian Mining Company SJSC
SAU:1211
150B SAR 5.2 53.3 17 32.5
UK
Anglo American PLC
LSE:AAL
31.6B GBP 1.3 -24 96.8 140.7
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
798.6B MXN 2.6 11.2 5.3 6.4
ZA
African Rainbow Minerals Ltd
JSE:ARI
32B Zac 0 0 0 0
IN
Hindustan Zinc Ltd
NSE:HINDZINC
2.1T INR 6.6 23.7 13.3 17.4
CA
Teck Resources Ltd
NYSE:TECK
24B USD 2.3 68.5 7.3 11.4
P/E Multiple
Earnings Growth
AU
South32 Ltd
ASX:S32
Average P/E: 27.8
Negative Multiple: -55.4
N/A
AU
BHP Group Ltd
ASX:BHP
16.8
-34%
AU
Rio Tinto Ltd
ASX:RIO
11.5
13%
UK
Rio Tinto PLC
LSE:RIO
9.4
-16%
CH
Glencore PLC
LSE:GLEN
Negative Multiple: -111.4
41%
SA
Saudi Arabian Mining Company SJSC
SAU:1211
53.3
295%
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -24
1 143%
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
11.2
26%
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
51%
IN
Hindustan Zinc Ltd
NSE:HINDZINC
23.7
55%
CA
Teck Resources Ltd
NYSE:TECK
68.5
-35%

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