ASX/S32 (ASX/S32)

Australian Securities Exchange: ASX/S32 · AUD

A$4.36

-0.08 (-1.8%)· Recorded snapshot

Market cap	19.5B
Revenue (ttm)	8.6B
Net income (ttm)	1.6B
EPS (ttm)	A$0.35
Shares out	4.5B
P/E (trailing)	12.5x
P/E (forward)	12.4x
Dividend	A$0.13 (3.04%)
Volume	14,327,515
Beta	0.75

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 8.6B
Net income (ttm): 1.6B
EPS (ttm): A$0.35
P/E (trailing): 12.5x
P/E (forward): 12.4x
Market cap: 19.5B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-29 13:30 UTC

Forward P/E12.4

P25 n/aP50 n/aP75 n/a

Trailing P/E12.5

P25 n/aP50 n/aP75 n/a

ROE11.4

P25 n/aP50 n/aP75 n/a

ROIC7.6

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

S&P 500+0.6%

Nasdaq Composite-2.3%

Dow Jones Industrial Average+1.9%

Russell 2000+1.8%

All ASX/S32 indicators

Market & fundamental data

Available fields

256

Groups with data

Currency

USD

Showing 256 of 256 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	AUD
Country	Australia
Country code	AU
Earnings date	2026-10-19
Employees	6,867
Employees change	-2,025
Employees growth	-22.77%
Enterprise value	AUD 19.2B
Exchange	Australian Securities Exchange
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	June
Founded	2000
In index	ASX200
Industry	Other Industrial Metals & Mining
Is primary listing	Yes
ISIN number	AU000000S320
Last earnings date	2026-10-19
Last refreshed	2026-10-29
Market cap	AUD 19.5B
Next earnings date	2027-01-21
Price	AUD 4.36
Price currency	AUD
Sector	Materials
SIC code	1000
Stock price date	2026-10-29
Symbol	asx/S32
Website	https://www.south32.net

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	13.47x
Average P/E ratio (10Y)	22.64x
Average P/E ratio (5Y)	26.92x
Earnings yield	7.98%
EV/Earnings	12.19x
EV/EBIT	13.04x
EV/EBITDA	9.14x
EV/FCF	25.48x
EV/Sales	2.23x
FCF / EV yield	3.92%
FCF yield	3.85%
Forward P/E	12.37x
Graham number	4.94983
Graham upside	13.53%
Industry forward P/E	16.4x
Industry P/E	20.82x
Lynch fair value	AUD 1.74
Lynch upside	-60.09%
P/(FCF - SBC) ratio	27.04x
P/(OCF - SBC) ratio	8.38x
P/B ratio	1.39x
P/E ratio	12.53x
P/FCF ratio	26x
P/OCF ratio	8.27x
P/S ratio	2.28x
Price / tangible book value	1.43x
Price/EBITDA ratio	10.97x
Sector forward P/E	15.72x
Sector P/E	22.18x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	15.61%
EBITDA margin	20.74%
Effective tax rate	22.53%
FCF margin	8.92%
Gross margin	52.22%
Operating margin	15.61%
Pretax margin	23.01%
Profit margin	18.3%
Profit per employee	AUD 228,813
Profitable quarters	2
Profitable years	2
Revenue per employee	AUD 1.3M
ROA	4.11%
ROA (5Y)	4.62%
ROCE	7.18%
ROE	11.4%
ROE (5Y)	6.19%
ROIC	7.62%
ROIC (5Y)	8.25%
SBC / revenue	0.34%
Tax / revenue	5.19%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	414.58%
EPS growth (QoQ)	34%
EPS growth 3Y	1.17%
EPS growth quarters	5
EPS growth years	2
FCF growth	53.85%
FCF growth (Q)	33.33%
FCF growth (QoQ)	6,300%
FCF growth 3Y	-20.58%
FCF growth 5Y	-0.42%
Gross profit growth	-3.3%
Gross profit growth (Q)	-4.11%
Gross profit growth 3Y	-12.78%
Gross profit growth 5Y	1.6%
Net income growth	410.33%
Net income growth (QoQ)	34.27%
Net income growth 3Y	0.39%
Net income growth quarters	5
Net income growth years	2
OCF growth	22.4%
OCF growth (Q)	23.5%
OCF growth (QoQ)	102.03%
OCF growth 10Y	6.4%
OCF growth 3Y	-3.88%
OCF growth 5Y	7.43%
Operating income growth	25.61%
Operating income growth (Q)	48.01%
Operating income growth 3Y	-18.75%
Operating income growth 5Y	25.56%
Revenue growth	-0.7%
Revenue growth (Q)	1.12%
Revenue growth (QoQ)	7.11%
Revenue growth 10Y	-0.83%
Revenue growth 3Y	-10.59%
Revenue growth 5Y	6.55%
Revenue growth quarters	1
Revenue growth years	2

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	AUD -1.6B
Depreciation and amortization	AUD 432.8M
EBIT	AUD 1.3B
EBITDA	AUD 1.8B
EPS	AUD 0.35
FCF per share	AUD 0.17
Financing cash flow	AUD -377.3M
Free cash flow	AUD 751.7M
Free cash flow minus SBC	AUD 722.8M
Gross profit	AUD 4.5B
Income taxes	AUD 445.2M
Investing cash flow	AUD -1.4B
Net borrowing	AUD 99.3M
Net cash flow	AUD 545M
Net income	AUD 1.6B
Operating cash flow minus SBC	AUD 2.3B
Operating income	AUD 1.3B
Revenue	AUD 8.6B
Stock-based compensation	AUD 28.9M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	2.23
Book value per share	AUD 3.13
Debt / EBITDA	1.36
Debt / equity	0.19
Debt / FCF	3.56
Goodwill	AUD 197.3M
Interest coverage	8.43
Long-term assets	AUD 15.5B
Long-term liabilities	AUD 4.7B
Net cash (debt)	AUD 409.1M
Net cash / market cap	2.09%
Net cash growth	558.14%
Net debt / EBITDA	-0.23
Net debt / equity	-0.03
Net debt / FCF	-0.54
Piotroski F-Score	6
Property, plant and equipment	AUD 10B
Shareholders' equity	AUD 14B
Tangible book value	AUD 13.7B
Tangible book value per share	AUD 3.06
Total assets	AUD 20.9B
Total cash	AUD 3.1B
Total debt	AUD 2.7B
Total liabilities	AUD 6.9B
WACC	7.91%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.42
Current assets	AUD 5.5B
Current liabilities	AUD 2.3B
Current ratio	2.44
Inventory turnover	3.25
Net working capital	AUD 964.1M
Quick ratio	1.66
Working capital	AUD 3.3B
Working capital turnover	3.8

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	0.46%
Dividend growth	40.09%
Dividend growth (3Y)	1.97%
Dividend growth (5Y)	7.09%
Dividend growth years	1
Dividend payment date	2026-10-15
Dividend payment years	11
Dividend payout frequency	Semi-Annual
Dividend per share	AUD 0.13
Dividend yield	3.04%
Ex-dividend date	2026-09-17
FCF payout ratio	77.88%
Last dividend	AUD 0.08
Payout ratio	26.86%
Shareholder yield	3.5%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	72.33%
10Y return CAGR	9.63%
10Y total return	150.83%
150-day SMA	AUD 4.57
1D price change	-1.8%
1M price change	-10.66%
1M total return	-10.66%
1Y price change	37.98%
1Y return CAGR	41.85%
1Y total return	41.82%
20-day SMA	AUD 4.63
200-day SMA	AUD 4.52
3M price change	-3.54%
3M total return	-2.06%
3Y price change	30.93%
3Y return CAGR	12.15%
3Y total return	41.06%
50-day SMA	AUD 4.88
50-day SMA vs 200-day SMA	50over200
52-week high	AUD 5.33
52-week high date	2026-09-09
52-week low	AUD 2.96
52-week low date	2025-11-05
5Y price change	21.79%
5Y return CAGR	8.07%
5Y total return	47.38%
6M price change	1.16%
6M total return	2.71%
All-time high	AUD 5.44
All-time high date	2022-03-07
All-time low	AUD 0.87
All-time low date	2016-01-13
Average true range (ATR)	AUD 0.16
Average volume	15.7M
Beta (1Y)	1.41
Beta (2Y)	1.24
Beta (5Y)	0.75
Change from 52-week high	-18.2%
Change from 52-week low	47.3%
Change from all-time high	-19.85%
Change from all-time low	401.15%
Change from open	-1.58%
Day's gap	-0.23%
Dollar volume	AUD 62.5M
High price	AUD 4.46
Low price	AUD 4.33
Monthly RSI	53.98
Open price	AUD 4.43
Position in 52-week range	23.08%
Previous close	AUD 4.44
Price vs 150-day SMA	-4.53%
Price vs 20-day SMA	-5.87%
Price vs 200-day SMA	-3.58%
Price vs 50-day SMA	-10.73%
Relative volume	0.93
RSI	39.95
Sharpe ratio	0.96
Sharpe ratio (3Y)	0.39
Sharpe ratio (5Y)	0.29
Sortino ratio	1.62
Sortino ratio (3Y)	0.72
Sortino ratio (5Y)	0.58
Volume	14.3M
Weekly RSI	46.39
YTD price change	22.47%
YTD total return	25.88%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	4.2B
Shares change (QoQ)	0.09%
Shares change (YoY)	-0.46%
Shares held by insiders	0.14%
Shares held by institutions	45.36%
Shares outstanding	4.5B

Deeper analysis on ASX/S32

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Scorecard

Six-factor overlay and 9-category weighted scorecard.

→

Recommendation

Final action, action steps, opportunity, and biggest risk.

→

Perspectives

Growth, value, and income investor reads.

→

Frequently asked questions

About this ASX/S32 report

Is a complete ASX/S32 research report available?

No complete published report is available for asx/S32 (ASX/S32) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Market cap

19.5B

Revenue (ttm)

8.6B

Net income (ttm)

1.6B

EPS (ttm)

A$0.35

Shares out

4.5B

P/E (trailing)

12.5x

P/E (forward)

12.4x

Dividend

A$0.13 (3.04%)

Volume

14,327,515

Beta

0.75

Metric

Value

Amount currency

AUD

Country

Australia

Country code

Earnings date

2026-10-19

Employees

6,867

Employees change

-2,025

Employees growth

-22.77%

Enterprise value

AUD 19.2B

Exchange

Australian Securities Exchange

Financial currency

USD

Financial report date

2026-06-30

First seen

2026-05-10

Fiscal year end

June

Founded

2000

In index

ASX200

Industry

Other Industrial Metals & Mining

Is primary listing

Yes

ISIN number

AU000000S320

Last earnings date

2026-10-19

Last refreshed

2026-10-29

Market cap

AUD 19.5B

Next earnings date

2027-01-21

Price

AUD 4.36

Price currency

AUD

Sector

Materials

SIC code

1000

Stock price date

2026-10-29

Symbol

asx/S32

Website

https://www.south32.net

Metric

Value

Adjusted P/E ratio

13.47x

Average P/E ratio (10Y)

22.64x

Average P/E ratio (5Y)

26.92x

Earnings yield

7.98%

EV/Earnings

12.19x

EV/EBIT

13.04x

EV/EBITDA

9.14x

EV/FCF

25.48x

EV/Sales

2.23x

FCF / EV yield

3.92%

FCF yield

3.85%

Forward P/E

12.37x

Graham number

4.94983

Graham upside

13.53%

Industry forward P/E

16.4x

Industry P/E

20.82x

Lynch fair value

AUD 1.74

Lynch upside

-60.09%

P/(FCF - SBC) ratio

27.04x

P/(OCF - SBC) ratio

8.38x

P/B ratio

1.39x

P/E ratio

12.53x

P/FCF ratio

26x

P/OCF ratio

8.27x

P/S ratio

2.28x

Price / tangible book value

1.43x

Price/EBITDA ratio

10.97x

Sector forward P/E

15.72x

Sector P/E

22.18x

Metric

Value

EBIT margin

15.61%

EBITDA margin

20.74%

Effective tax rate

22.53%

FCF margin

8.92%

Gross margin

52.22%

Operating margin

15.61%

Pretax margin

23.01%

Profit margin

18.3%

Profit per employee

AUD 228,813

Profitable quarters

Profitable years

Revenue per employee

AUD 1.3M

ROA

4.11%

ROA (5Y)

4.62%

ROCE

7.18%

ROE

11.4%

ROE (5Y)

6.19%

ROIC

7.62%

ROIC (5Y)

8.25%

SBC / revenue

0.34%

Tax / revenue

5.19%

Metric

Value

EPS growth

414.58%

EPS growth (QoQ)

34%

EPS growth 3Y

1.17%

EPS growth quarters

EPS growth years

FCF growth

53.85%

FCF growth (Q)

33.33%

FCF growth (QoQ)

6,300%

FCF growth 3Y

-20.58%

FCF growth 5Y

-0.42%

Gross profit growth

-3.3%

Gross profit growth (Q)

-4.11%

Gross profit growth 3Y

-12.78%

Gross profit growth 5Y

1.6%

Net income growth

410.33%

Net income growth (QoQ)

34.27%

Net income growth 3Y

0.39%

Net income growth quarters

Net income growth years

OCF growth

22.4%

OCF growth (Q)

23.5%

OCF growth (QoQ)

102.03%

OCF growth 10Y

6.4%

OCF growth 3Y

-3.88%

OCF growth 5Y

7.43%

Operating income growth

25.61%

Operating income growth (Q)

48.01%

Operating income growth 3Y

-18.75%

Operating income growth 5Y

25.56%

Revenue growth

-0.7%

Revenue growth (Q)

1.12%

Revenue growth (QoQ)

7.11%

Revenue growth 10Y

-0.83%

Revenue growth 3Y

-10.59%

Revenue growth 5Y

6.55%

Revenue growth quarters

Revenue growth years

Metric

Value

Capital expenditures

AUD -1.6B

Depreciation and amortization

AUD 432.8M

EBIT

AUD 1.3B

EBITDA

AUD 1.8B

EPS

AUD 0.35

FCF per share

AUD 0.17

Financing cash flow

AUD -377.3M

Free cash flow

AUD 751.7M

Free cash flow minus SBC

AUD 722.8M

Gross profit

AUD 4.5B

Income taxes

AUD 445.2M

Investing cash flow

AUD -1.4B

Net borrowing

AUD 99.3M

Net cash flow

AUD 545M

Net income

AUD 1.6B

Operating cash flow minus SBC

AUD 2.3B

Operating income

AUD 1.3B

Revenue

AUD 8.6B

Stock-based compensation

AUD 28.9M

Metric

Value

Altman Z-Score

2.23

Book value per share

AUD 3.13

Debt / EBITDA

1.36

Debt / equity

0.19

Debt / FCF

3.56

Goodwill

AUD 197.3M

Interest coverage

8.43

Long-term assets

AUD 15.5B

Long-term liabilities

AUD 4.7B

Net cash (debt)

AUD 409.1M

Net cash / market cap

2.09%

Net cash growth

558.14%

Net debt / EBITDA

-0.23

Net debt / equity

-0.03

Net debt / FCF

-0.54

Piotroski F-Score

Property, plant and equipment

AUD 10B

Shareholders' equity

AUD 14B

Tangible book value

AUD 13.7B

Tangible book value per share

AUD 3.06

Total assets

AUD 20.9B

Total cash

AUD 3.1B

Total debt

AUD 2.7B

Total liabilities

AUD 6.9B

WACC

7.91%

Metric

Value

Asset turnover

0.42

Current assets

AUD 5.5B

Current liabilities

AUD 2.3B

Current ratio

2.44

Inventory turnover

3.25

Net working capital

AUD 964.1M

Quick ratio

1.66

Working capital

AUD 3.3B

Working capital turnover

3.8

Metric

Value

Buyback yield / dilution

0.46%

Dividend growth

40.09%

Dividend growth (3Y)

1.97%

Dividend growth (5Y)

7.09%

Dividend growth years

Dividend payment date

2026-10-15

Dividend payment years

Dividend payout frequency

Semi-Annual

Dividend per share

AUD 0.13

Dividend yield

3.04%

Ex-dividend date

2026-09-17

FCF payout ratio

77.88%

Last dividend

AUD 0.08

Payout ratio

26.86%

Shareholder yield

3.5%

Metric

Value

10Y price change

72.33%

10Y return CAGR

9.63%

10Y total return

150.83%

150-day SMA

AUD 4.57

1D price change

-1.8%

1M price change

-10.66%

1M total return

-10.66%

1Y price change

37.98%

1Y return CAGR

41.85%

1Y total return

41.82%

20-day SMA

AUD 4.63

200-day SMA

AUD 4.52

3M price change

-3.54%

3M total return

-2.06%

3Y price change

30.93%

3Y return CAGR

12.15%

3Y total return

41.06%

50-day SMA

AUD 4.88

50-day SMA vs 200-day SMA

50over200

52-week high

AUD 5.33

52-week high date

2026-09-09

52-week low

AUD 2.96

52-week low date

2025-11-05

5Y price change

21.79%

5Y return CAGR

8.07%

5Y total return

47.38%

6M price change

1.16%

6M total return

2.71%

All-time high

AUD 5.44

All-time high date

2022-03-07

All-time low

AUD 0.87

All-time low date

2016-01-13

Average true range (ATR)

AUD 0.16

Average volume

15.7M

Beta (1Y)

1.41

Beta (2Y)

1.24

Beta (5Y)

0.75

Change from 52-week high

-18.2%

Change from 52-week low

47.3%

Change from all-time high

-19.85%

Change from all-time low

401.15%

Change from open

-1.58%

Day's gap

-0.23%

Dollar volume

AUD 62.5M

High price

AUD 4.46

Low price

AUD 4.33

Monthly RSI

53.98

Open price

AUD 4.43

Position in 52-week range

23.08%

Previous close

AUD 4.44

Price vs 150-day SMA

-4.53%

Price vs 20-day SMA

-5.87%

Price vs 200-day SMA

-3.58%

Price vs 50-day SMA

-10.73%

Relative volume

0.93

RSI

39.95

Sharpe ratio

0.96

Sharpe ratio (3Y)

0.39

Sharpe ratio (5Y)

0.29

Sortino ratio

1.62

Sortino ratio (3Y)

0.72

Sortino ratio (5Y)

0.58

Volume

14.3M

Weekly RSI

46.39

YTD price change

22.47%

YTD total return

25.88%

Metric

Value

Float

4.2B

Shares change (QoQ)

0.09%

Shares change (YoY)

-0.46%

Shares held by insiders

0.14%

Shares held by institutions

45.36%

Shares outstanding

4.5B

ASX/S32 (ASX/S32)

Price

Financial snapshot

Fair-value bridge

Latest news · ASX/S32

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All ASX/S32 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on ASX/S32

Frequently asked questions

ASX/S32 (ASX/S32)

Price

Financial snapshot

Fair-value bridge

Latest news · ASX/S32

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All ASX/S32 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on ASX/S32

Frequently asked questions