Glencore ranks among the most diversified of the large global miners. Though as China is the key demand driver for much of what Glencore mines, diversification benefits are limited. However, its marketing business (roughly 30% of forecast midcycle group EBITDA from 2030) should be relatively resilient to changes in China’s rate of economic growth.
Glencore's globe-spanning network of traders and logistics assets generates significant economies of scope.
Glencore's large thermal coal portfolio could be affected by demand falling faster than we expect due to attempts to reduce global carbon emissions.
|
Metric
|
GLEN
|
WHC
|
BHP
|
|---|---|---|---|
Price/Earnings (Normalized) | 13.46 | 25.49 | 14.68 |
Price/Book Value | 2.03 | 1.06 | 4.37 |
Price/Sales | 0.29 | 1.13 | 3.67 |
Price/Cash Flow | 7.92 | 7.10 | 9.19 |
|
Metric
|
GLEN
|
WHC
|
BHP
|
|---|---|---|---|
Quick Ratio | 0.34 | 0.94 | 1.44 |
Current Ratio | 1.06 | 1.34 | 1.88 |
Interest Coverage | 2.71 | 2.51 | 11.36 |
|
Metric
|
GLEN
|
WHC
|
BHP
|
|---|---|---|---|
Return on Assets (Normalized) | 4.51% | 1.96% | 11.44% |
Return on Equity (Normalized) | 16.36% | 3.94% | 27.20% |
Return on Invested Capital (Normalized) | 11.40% | 5.29% | 17.58% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
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BHPLF
| LOCK|fvNHf$m | LOCK|Kc | $213B | |||
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BHP
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RTNTF
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| Rio Tinto PLC Ordinary Shares
RTPPF
| LOCK|Rp<$p< | LOCK|N& | $150B | |||
| Rio Tinto PLC ADR
RIO
| LOCK|GLl$hv | LOCK|FC> | $150B | |||
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GMBXF
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| Grupo Mexico SAB de CV ADR
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| Glencore PLC ADR
GLNCY
| LOCK|KL<pCN | LOCK|K! | $85B | |||
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VALE
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United States