- South32 reported an underlying profit of $375 million for the first half of the year.
- The net income for the period stood at $360 million.
- Underlying EBITDA reached $1.02 billion, with a margin of 27.5%.
- An interim dividend of 3.4 cents per share has been declared.
- Total underlying revenue was reported at $3.85 billion.
- Worsley Alumina’s underlying revenue surpassed expectations at $916 million, compared to an estimate of $775.1 million.
- Brazil Alumina achieved underlying revenue of $408 million.
- Hillside Aluminium’s underlying revenue amounted to $986 million.
- Total revenue was noted to be $2.92 billion.
- Analyst ratings include 12 buys, 7 holds, and 2 sells.
A look at South32 Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 2 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
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
South32 Ltd, a diversified metals and mining company, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a strong Value score of 4, the company is deemed to be undervalued in the market, presenting a potential opportunity for investors. However, South32’s Dividend and Growth scores of 2 each indicate that its dividend payouts and growth prospects may be moderate. The company’s Resilience and Momentum scores of 3 suggest that it demonstrates stability in challenging economic conditions and has a steady upward trend in the market, respectively.
Considering South32’s overall description as a global producer of various metals including alumina, coal, and nickel, investors may find the company an attractive option for long-term investment, especially given its favorable Value score. While its Dividend and Growth scores are not as high, the Resilience and Momentum scores indicate a level of stability and positive market trend that could bode well for its future performance.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
