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VALE SA-SP ADR (VALE) Stock Fundamental Analysis

USA - NYSE:VALE - US91912E1055 - ADR

11.41 USD
-0.05 (-0.44%)
Last: 10/24/2025, 8:04:00 PM
11.4005 USD
-0.01 (-0.08%)
After Hours: 10/24/2025, 8:04:00 PM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to VALE. VALE was compared to 154 industry peers in the Metals & Mining industry. VALE has an excellent profitability rating, but there are concerns on its financial health. VALE is cheap, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

In the past year VALE was profitable.
VALE had a positive operating cash flow in the past year.
Each year in the past 5 years VALE has been profitable.
Each year in the past 5 years VALE had a positive operating cash flow.
VALE Yearly Net Income VS EBIT VS OCF VS FCFVALE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50B 100B 150B

1.2 Ratios

VALE has a Return On Assets of 5.87%. This is in the better half of the industry: VALE outperforms 79.35% of its industry peers.
VALE has a better Return On Equity (13.52%) than 86.45% of its industry peers.
VALE has a Return On Invested Capital of 10.88%. This is amongst the best in the industry. VALE outperforms 85.81% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for VALE is above the industry average of 12.38%.
The last Return On Invested Capital (10.88%) for VALE is well below the 3 year average (15.63%), which needs to be investigated, but indicates that VALE had better years and this may not be a problem.
Industry RankSector Rank
ROA 5.87%
ROE 13.52%
ROIC 10.88%
ROA(3y)12.09%
ROA(5y)13.23%
ROE(3y)29.15%
ROE(5y)32.97%
ROIC(3y)15.63%
ROIC(5y)19.92%
VALE Yearly ROA, ROE, ROICVALE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 60

1.3 Margins

VALE has a Profit Margin of 13.81%. This is in the better half of the industry: VALE outperforms 79.35% of its industry peers.
VALE's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 26.56%, VALE is in the better half of the industry, outperforming 79.35% of the companies in the same industry.
VALE's Operating Margin has declined in the last couple of years.
With a decent Gross Margin value of 34.24%, VALE is doing good in the industry, outperforming 74.19% of the companies in the same industry.
In the last couple of years the Gross Margin of VALE has declined.
Industry RankSector Rank
OM 26.56%
PM (TTM) 13.81%
GM 34.24%
OM growth 3Y-20.55%
OM growth 5Y-6.5%
PM growth 3Y-28.12%
PM growth 5YN/A
GM growth 3Y-15.48%
GM growth 5Y-5.12%
VALE Yearly Profit, Operating, Gross MarginsVALE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40 60

3

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), VALE is creating some value.
VALE has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, VALE has less shares outstanding
VALE has a worse debt/assets ratio than last year.
VALE Yearly Shares OutstandingVALE Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B
VALE Yearly Total Debt VS Total AssetsVALE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100B 200B 300B 400B

2.2 Solvency

Based on the Altman-Z score of 1.77, we must say that VALE is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of VALE (1.77) is worse than 72.90% of its industry peers.
VALE has a debt to FCF ratio of 8.67. This is a slightly negative value and a sign of low solvency as VALE would need 8.67 years to pay back of all of its debts.
The Debt to FCF ratio of VALE (8.67) is better than 65.16% of its industry peers.
A Debt/Equity ratio of 0.43 indicates that VALE is not too dependend on debt financing.
VALE's Debt to Equity ratio of 0.43 is on the low side compared to the rest of the industry. VALE is outperformed by 74.84% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.43
Debt/FCF 8.67
Altman-Z 1.77
ROIC/WACC0.8
WACC13.58%
VALE Yearly LT Debt VS Equity VS FCFVALE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50B 100B 150B 200B

2.3 Liquidity

VALE has a Current Ratio of 1.22. This is a normal value and indicates that VALE is financially healthy and should not expect problems in meeting its short term obligations.
VALE's Current ratio of 1.22 is on the low side compared to the rest of the industry. VALE is outperformed by 80.65% of its industry peers.
VALE has a Quick Ratio of 1.22. This is a bad value and indicates that VALE is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.85, VALE is doing worse than 77.42% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.22
Quick Ratio 0.85
VALE Yearly Current Assets VS Current LiabilitesVALE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B 80B 100B

3

3. Growth

3.1 Past

The earnings per share for VALE have decreased strongly by -45.58% in the last year.
VALE shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.15% yearly.
Looking at the last year, VALE shows a decrease in Revenue. The Revenue has decreased by -0.24% in the last year.
Measured over the past years, VALE shows a small growth in Revenue. The Revenue has been growing by 7.33% on average per year.
EPS 1Y (TTM)-45.58%
EPS 3Y-31.35%
EPS 5Y5.15%
EPS Q2Q%-23.08%
Revenue 1Y (TTM)-0.24%
Revenue growth 3Y-11.13%
Revenue growth 5Y7.33%
Sales Q2Q%-11.25%

3.2 Future

VALE is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.53% yearly.
Based on estimates for the next years, VALE will show a small growth in Revenue. The Revenue will grow by 0.45% on average per year.
EPS Next Y26.07%
EPS Next 2Y11.9%
EPS Next 3Y9.53%
EPS Next 5YN/A
Revenue Next Year-2.46%
Revenue Next 2Y1.05%
Revenue Next 3Y1.58%
Revenue Next 5Y0.45%

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
VALE Yearly Revenue VS EstimatesVALE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 50B 100B 150B 200B 250B
VALE Yearly EPS VS EstimatesVALE Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 1 2 3 4

9

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 9.28, which indicates a very decent valuation of VALE.
Based on the Price/Earnings ratio, VALE is valued cheaply inside the industry as 98.71% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.89, VALE is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 6.33, the valuation of VALE can be described as very cheap.
Based on the Price/Forward Earnings ratio, VALE is valued cheaper than 96.77% of the companies in the same industry.
VALE is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.99, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 9.28
Fwd PE 6.33
VALE Price Earnings VS Forward Price EarningsVALE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

96.77% of the companies in the same industry are more expensive than VALE, based on the Enterprise Value to EBITDA ratio.
VALE's Price/Free Cash Flow ratio is rather cheap when compared to the industry. VALE is cheaper than 83.23% of the companies in the same industry.
Industry RankSector Rank
P/FCF 23.36
EV/EBITDA 4.49
VALE Per share dataVALE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of VALE may justify a higher PE ratio.
PEG (NY)0.36
PEG (5Y)1.8
EPS Next 2Y11.9%
EPS Next 3Y9.53%

4

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 1.30%, VALE has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.48, VALE pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.31, VALE's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 1.3%

5.2 History

The dividend of VALE is nicely growing with an annual growth rate of 104.30%!
VALE has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)104.3%
Div Incr Years0
Div Non Decr Years0
VALE Yearly Dividends per shareVALE Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5 2 2.5

5.3 Sustainability

VALE pays out 70.13% of its income as dividend. This is not a sustainable payout ratio.
The dividend of VALE is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP70.13%
EPS Next 2Y11.9%
EPS Next 3Y9.53%
VALE Yearly Income VS Free CF VS DividendVALE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50B 100B
VALE Dividend Payout.VALE Dividend Payout, showing the Payout Ratio.VALE Dividend Payout.PayoutRetained Earnings

VALE SA-SP ADR

NYSE:VALE (10/24/2025, 8:04:00 PM)

After market: 11.4005 -0.01 (-0.08%)

11.41

-0.05 (-0.44%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)07-31 2025-07-31/amc
Earnings (Next)10-31 2025-10-31
Inst Owners40.01%
Inst Owner Change0.7%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap48.71B
Revenue(TTM)209.60B
Net Income(TTM)28.95B
Analysts77.5
Price Target13.51 (18.4%)
Short Float %1.5%
Short Ratio1.94
Dividend
Industry RankSector Rank
Dividend Yield 1.3%
Yearly Dividend0.9
Dividend Growth(5Y)104.3%
DP70.13%
Div Incr Years0
Div Non Decr Years0
Ex-Date08-13 2025-08-13 (0.341689)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)13.47%
Min EPS beat(2)-12.03%
Max EPS beat(2)38.96%
EPS beat(4)2
Avg EPS beat(4)-23.15%
Min EPS beat(4)-135.22%
Max EPS beat(4)38.96%
EPS beat(8)4
Avg EPS beat(8)-12.86%
EPS beat(12)6
Avg EPS beat(12)-7.78%
EPS beat(16)9
Avg EPS beat(16)-1.9%
Revenue beat(2)0
Avg Revenue beat(2)-81.88%
Min Revenue beat(2)-82.01%
Max Revenue beat(2)-81.75%
Revenue beat(4)0
Avg Revenue beat(4)-81.87%
Min Revenue beat(4)-82.01%
Max Revenue beat(4)-81.75%
Revenue beat(8)0
Avg Revenue beat(8)-82.03%
Revenue beat(12)0
Avg Revenue beat(12)-69.35%
Revenue beat(16)0
Avg Revenue beat(16)-54.95%
PT rev (1m)-0.27%
PT rev (3m)-2.9%
EPS NQ rev (1m)25.04%
EPS NQ rev (3m)18.42%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.87%
Revenue NQ rev (1m)4.06%
Revenue NQ rev (3m)10.63%
Revenue NY rev (1m)-0.25%
Revenue NY rev (3m)-2%
Valuation
Industry RankSector Rank
PE 9.28
Fwd PE 6.33
P/S 1.25
P/FCF 23.36
P/OCF 5.64
P/B 1.23
P/tB 1.69
EV/EBITDA 4.49
EPS(TTM)1.23
EY10.78%
EPS(NY)1.8
Fwd EY15.8%
FCF(TTM)0.49
FCFY4.28%
OCF(TTM)2.02
OCFY17.73%
SpS9.11
BVpS9.31
TBVpS6.77
PEG (NY)0.36
PEG (5Y)1.8
Graham Number16.05
Profitability
Industry RankSector Rank
ROA 5.87%
ROE 13.52%
ROCE 13.44%
ROIC 10.88%
ROICexc 11.76%
ROICexgc 13.88%
OM 26.56%
PM (TTM) 13.81%
GM 34.24%
FCFM 5.36%
ROA(3y)12.09%
ROA(5y)13.23%
ROE(3y)29.15%
ROE(5y)32.97%
ROIC(3y)15.63%
ROIC(5y)19.92%
ROICexc(3y)16.65%
ROICexc(5y)22.69%
ROICexgc(3y)19.73%
ROICexgc(5y)26.7%
ROCE(3y)19.31%
ROCE(5y)24.6%
ROICexgc growth 3Y-31.02%
ROICexgc growth 5Y-4.69%
ROICexc growth 3Y-31.7%
ROICexc growth 5Y-5.74%
OM growth 3Y-20.55%
OM growth 5Y-6.5%
PM growth 3Y-28.12%
PM growth 5YN/A
GM growth 3Y-15.48%
GM growth 5Y-5.12%
F-Score4
Asset Turnover0.42
Health
Industry RankSector Rank
Debt/Equity 0.43
Debt/FCF 8.67
Debt/EBITDA 1.27
Cap/Depr 203.29%
Cap/Sales 16.85%
Interest Coverage 8.07
Cash Conversion 63.72%
Profit Quality 38.8%
Current Ratio 1.22
Quick Ratio 0.85
Altman-Z 1.77
F-Score4
WACC13.58%
ROIC/WACC0.8
Cap/Depr(3y)192.28%
Cap/Depr(5y)174.88%
Cap/Sales(3y)14.54%
Cap/Sales(5y)12.69%
Profit Quality(3y)56.79%
Profit Quality(5y)92.18%
High Growth Momentum
Growth
EPS 1Y (TTM)-45.58%
EPS 3Y-31.35%
EPS 5Y5.15%
EPS Q2Q%-23.08%
EPS Next Y26.07%
EPS Next 2Y11.9%
EPS Next 3Y9.53%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.24%
Revenue growth 3Y-11.13%
Revenue growth 5Y7.33%
Sales Q2Q%-11.25%
Revenue Next Year-2.46%
Revenue Next 2Y1.05%
Revenue Next 3Y1.58%
Revenue Next 5Y0.45%
EBIT growth 1Y-23.99%
EBIT growth 3Y-29.39%
EBIT growth 5Y0.36%
EBIT Next Year17.78%
EBIT Next 3Y9.1%
EBIT Next 5Y3.91%
FCF growth 1Y-58.9%
FCF growth 3Y-48.33%
FCF growth 5Y-14.71%
OCF growth 1Y-15.41%
OCF growth 3Y-28.4%
OCF growth 5Y1.2%

VALE SA-SP ADR / VALE FAQ

What is the ChartMill fundamental rating of VALE SA-SP ADR (VALE) stock?

ChartMill assigns a fundamental rating of 5 / 10 to VALE.


What is the valuation status for VALE stock?

ChartMill assigns a valuation rating of 9 / 10 to VALE SA-SP ADR (VALE). This can be considered as Undervalued.


Can you provide the profitability details for VALE SA-SP ADR?

VALE SA-SP ADR (VALE) has a profitability rating of 7 / 10.


Can you provide the expected EPS growth for VALE stock?

The Earnings per Share (EPS) of VALE SA-SP ADR (VALE) is expected to grow by 26.07% in the next year.


Can you provide the dividend sustainability for VALE stock?

The dividend rating of VALE SA-SP ADR (VALE) is 4 / 10 and the dividend payout ratio is 70.13%.