Vale (VALE) Stock Analysis

November 11, 2026

This is a peer-relative look at Vale (VALE): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Materials peers, so every number reads in context rather than in isolation.

Company Profile

Vale (VALE) trades as an ADR rather than ordinary local shares — read it with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile fields for Vale (VALE)
Profile Item	VALE
Name	Vale S.A. American Depositary Shares
Country/Region	Brazil
GICS Sector	Materials
GICS Industry Group	Materials
GICS Industry	Metals & Mining
GICS Sub-Industry	Steel
Market Capitalization	49.32 billion USD
Currency	USD
Exchange	NYSE
Listing Date	March 21, 2002
Security Type	ADR

Price Performance

Cumulative Growth

VALE

GSPC

Vale (VALE) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for Vale (VALE) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for Vale (VALE) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Vale (VALE) metric values compared with Materials industry-group medians
Metric	Current stock: VALE	Industry group median
Total Return (1Y)	6.20%	19.59%
Total Return (3Y, Annualized)	3.12%	18.91%
Total Return (5Y, Annualized)	8.31%	5.70%

Risk Profile

Drawdown History

VALE

GSPC

Vale (VALE) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for Vale (VALE) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Vale (VALE) metric values compared with Materials industry-group medians
Metric	Current stock: VALE	Industry group median
Volatility (1Y, Annualized)	33.88%	52.82%
Beta (5Y)	0.48	0.97
Max Drawdown (5Y)	-49.81%	-58.44%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. VALE is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Vale (VALE) metric values compared with Materials industry-group medians
Metric	Current stock: VALE	Industry group median
Sharpe Ratio (1Y)	0.06	0.32
Sortino Ratio (1Y)	0.08	0.47

Profitability

ROE (TTM)

Vale (VALE) posts ROE of 0.26%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

VALE

Materials industry group

0.26%

Group distribution

Max: 52.88%
Q3: 19.49%
Median: 8.76%
VALE: 0.26%
Q1: -3.41%
Min: -32.81%

Largest peers

SCCO: 52.88%
NEM: 27.26%
BHP: 24.00%
AEM: 23.24%
RIO: 19.31%
LIN: 17.72%
VALE: 0.26%

Where Vale (VALE) stands on ROE within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

Vale (VALE) keeps 1.01% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

VALE

Materials industry group

1.01%

Group distribution

Max: 38.66%
Q3: 15.98%
Median: 5.28%
VALE: 1.01%
Q1: 0.00%
Min: -20.40%

Largest peers

AEM: 41.01%
SCCO: 37.16%
NEM: 34.73%
RIO: 19.59%
LIN: 19.34%
BHP: 16.73%
VALE: 1.01%

Where Vale (VALE) stands on net margin within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

Vale (VALE) turns 19.31% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

VALE

Materials industry group

19.31%

Group distribution

Max: 66.70%
Q3: 28.92%
VALE: 19.31%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

Largest peers

SCCO: 59.94%
AEM: 55.49%
NEM: 49.99%
BHP: 43.34%
RIO: 28.05%
LIN: 27.97%
VALE: 19.31%

Where Vale (VALE) stands on operating margin within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Vale (VALE) metric values compared with Materials industry-group medians
Metric	Current stock: VALE	Industry group median
ROE (TTM)	0.26%	8.76%
ROA (TTM)	6.97%	4.42%
Net Margin (TTM)	1.01%	5.28%
Operating Margin (TTM)	19.31%	12.56%
Gross Margin (TTM)	32.06%	27.57%

Growth

Revenue Growth

Vale (VALE) grew revenue 0.91%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

Vale (VALE): Revenue Growth across different time periods, set against Materials industry-group medians.

EPS Growth

Vale (VALE) grew earnings per share -61.81%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.

Vale (VALE): EPS Growth across different time periods, set against Materials industry-group medians.

Growth Metrics

Vale (VALE) metric values compared with Materials industry-group medians
Metric	Current stock: VALE	Industry group median
Revenue Growth (YoY)	0.91%	8.36%
Revenue Growth (3Y CAGR)	-4.32%	0.59%
EPS Growth (YoY)	-61.81%	-1.73%
EPS Growth (3Y CAGR)	-48.60%	2.12%

Financial Strength

Current Ratio (MRQ)

Vale (VALE) has current ratio of 1.10, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.

VALE

Materials industry group

1.10

Group distribution

Max: 5.96
Q3: 3.30
Median: 2.24
Q1: 1.45
VALE: 1.10
Min: 0.16

Largest peers

SCCO: 4.31
AEM: 2.75
NEM: 2.45
BHP: 1.89
RIO: 1.42
VALE: 1.10
LIN: 0.86

Where Vale (VALE) stands on current ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

Vale (VALE) has debt-to-equity ratio of 0.55, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

VALE

Materials industry group

0.55

Group distribution

Max: 1.98
Q3: 0.89
VALE: 0.55
Median: 0.47
Q1: 0.13
Min: 0.00

Largest peers

LIN: 0.65
SCCO: 0.63
VALE: 0.55
BHP: 0.50
RIO: 0.32
NEM: 0.16
AEM: 0.01

Where Vale (VALE) stands on debt-to-equity ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

Vale (VALE) metric values compared with Materials industry-group medians
Metric	Current stock: VALE	Industry group median
Current Ratio (MRQ)	1.10	2.24
Debt / Equity (MRQ)	0.55	0.47
Net Debt / EBITDA	1.20	1.37

Dividends

Dividend Yield (TTM)

Vale (VALE) has dividend yield of 49.02%, above the entire industry range. That headline income is large, but yields this far above peers often come from a falling share price or an at-risk payout, so dividend safety matters more than the percentage itself.

VALE

Materials industry group

49.02%

Group distribution

VALE: 49.02%
Max: 4.52%
Q3: 1.85%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

Largest peers

VALE: 49.02%
RIO: 5.59%
SCCO: 2.30%
BHP: 2.19%
LIN: 1.21%
AEM: 0.93%
NEM: 0.87%

Where Vale (VALE) stands on dividend yield within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Vale (VALE) has payout ratio of 526.96%, meaning dividends exceeded current-period earnings. The gap would need to be covered by cash, retained earnings, financing, or other sources, so earnings alone do not support the payout.

VALE

Materials industry group

526.96%

Group distribution

VALE: 526.96%
Max: 83.62%
Q3: 41.37%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

Largest peers

VALE: 526.96%
BHP: 68.84%
RIO: 54.46%
SCCO: 52.43%
LIN: 41.83%
AEM: 14.26%
NEM: 11.95%

Where Vale (VALE) stands on payout ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Vale (VALE) metric values compared with Materials industry-group medians
Metric	Current stock: VALE	Industry group median
Dividend Yield (TTM)	49.02%	0.38%
Dividend Payout Ratio (TTM)	526.96%	9.54%

Valuation

P/E Ratio (TTM)

Vale (VALE) trades at P/E ratio of 72.44, above the peer range for its industry. The market is paying unusually heavily for TTM earnings relative to comparable companies.

VALE

Materials industry group

72.44

Group distribution

VALE: 72.44
Max: 59.00
Q3: 32.93
Median: 18.82
Q1: 11.96
Min: 3.93

Largest peers

VALE: 72.44
LIN: 34.21
SCCO: 22.27
BHP: 20.70
AEM: 15.61
NEM: 14.03
RIO: 11.35

Where Vale (VALE) stands on P/E ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Vale (VALE) trades at 0.23 on P/S ratio, in the lower sales-valuation quartile for its industry. That points to a cheaper revenue stream than most peers, with margin quality still doing the heavy lifting.

VALE

Materials industry group

0.23

Group distribution

Max: 9.62
Q3: 4.34
Median: 1.87
Q1: 0.73
VALE: 0.23
Min: 0.00

Largest peers

SCCO: 8.34
LIN: 6.53
AEM: 6.44
NEM: 4.72
BHP: 3.46
RIO: 2.20
VALE: 0.23

Where Vale (VALE) stands on P/S ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Vale (VALE) trades at 1.27 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

VALE

Materials industry group

1.27

Group distribution

Max: 6.59
Q3: 3.55
Median: 2.08
VALE: 1.27
Q1: 1.26
Min: -0.17

Largest peers

SCCO: 10.89
LIN: 6.00
BHP: 3.98
NEM: 3.53
AEM: 3.27
RIO: 2.08
VALE: 1.27

Where Vale (VALE) stands on P/B ratio within its Materials peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Vale (VALE) metric values compared with Materials industry-group medians
Metric	Current stock: VALE	Industry group median
P/E Ratio (TTM)	72.44	18.82
P/S Ratio (TTM)	0.23	1.87
P/B Ratio (MRQ)	1.27	2.08
Free Cash Flow Yield (TTM)	17.51%	3.08%