- Vale’s proforma adjusted Ebitda for the first quarter was $3.28 billion, which is down by 11% compared to the previous year, and missed the estimated figure of $3.39 billion.
- Their net income is also down by 8.6% year-on-year, at $1.68 billion, which is lower than the estimated $1.73 billion.
- However, the net operating revenue for Vale in the first quarter showed a slight increase of 0.3% year-on-year at $8.46 billion, though it did not reach the estimated $8.62 billion.
- Capital expenditure increased by 23% year-on-year, recorded at $1.40 billion.
- Investment sentiment remained positive, with 10 buys, 3 holds, and no sells.
A look at Vale Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.8 |
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 is expected to have a positive long-term outlook. With a solid score of 5 in Dividend and scores of 4 in both Growth and Resilience, Vale seems to be well-equipped to weather various market conditions in the coming years. Its diverse product portfolio includes iron ore, manganese, nickel, and various other minerals, providing a strong foundation for growth.
Additionally, Vale’s strong performance in dividends indicates stability and attractiveness for investors seeking regular income. Although its Value and Momentum scores are slightly lower at 3, the overall outlook for Vale appears promising, especially considering its strategic operations in Brazil and robust infrastructure assets.
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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