South32 (S32.AX) Stock Price

South32 Price

ASX·CLOSED
3.48
​
Market closed

Revenue at South32 has contracted by 6.5% per year over the past 13 years to 5.78 B USD. Earnings per share have declined at 12.4% per year over the last 13 years. South32's net margin stands at 3.7%, up from -3.6% several years earlier. South32 currently offers a dividend yield of about 3.83%. The payout ratio is around 333% of earnings. The dividend has grown at 29.3% per year over the past 9 years. Analysts set a median price target of 3.17 USD, implying 9.0% below the current price. Of 19 analysts, 13 rate the stock a buy — an overall Buy consensus.

South32 stock price

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South32 business model & stock analysis

South32 Ltd is an Australian company specializing in the extraction and processing of raw materials such as aluminum, coal, and nickel. It was founded in 2015 as a result of the split of mining conglomerate BHP Billiton. South32's business model focuses on the efficient production of raw materials that are used in the manufacturing of products such as airplanes, vehicles, transportation, infrastructure projects, and household use. The company operates mines and production facilities in multiple countries worldwide, including Australia, South Africa, Brazil, and Colombia. The various divisions of South32 are aligned with specific raw materials, including aluminum, coal, and nickel. The company aims to produce high-quality raw materials while adhering to stringent safety and environmental standards. It prioritizes responsibility and sustainability to improve the quality of life and working conditions for local communities and minimize environmental impact. South32 offers products such as aluminum oxide, aluminum metal, coal-based energy solutions, and technology products containing nickel. These products are supplied directly to customers in industries such as aerospace, automotive, and construction. Overall, South32 is a modern and future-oriented company that focuses on long-term sustainable production of raw materials. Its history is characterized by strategic business direction and a strong emphasis on customer needs and environmental protection. With its wide portfolio of raw materials and products, South32 is an important player in the international raw materials industry and contributes significantly to global progress and prosperity.

Frequently asked questions about South32

South32 Ltd has a diversified business model focused on the mining and production of various commodities. The company operates in multiple regions, including Australia, South Africa, and South America. South32 Ltd is involved in mining operations for aluminum, manganese, and silver, among other minerals. Additionally, the company engages in the production of energy coal, while also pursuing opportunities in the field of base metals. With a strong commitment to sustainable practices and responsible mining, South32 Ltd aims to deliver long-term value to its shareholders while contributing to the global demand for essential resources.

South32 Ltd is primarily active in the industries of mining, metals, and energy.

The main competitors of South32 Ltd in the market are BHP Group, Rio Tinto Group, and Anglo American plc.

South32 Ltd is a global diversified mining and metals company based in Australia. It was established in 2015 after being spun off from BHP Billiton. The company derives its name from the geographic parallel that separates Australia and South America, representing its dual origin. South32 operates a range of mining projects globally, with a focus on base metals, coal, manganese, and alumina. It is committed to sustainable mining practices and adheres to strict safety and environmental standards. With its strong foundation and global presence, South32 Ltd continues to contribute to the mining industry's growth and development.

South32 Ltd has achieved several significant milestones since its establishment. Some of the key accomplishments include expanding its portfolio through the acquisition of Arizona Mining in 2018, which provided access to high-grade zinc, lead, and silver resources. In 2019, the company achieved its first alumina production at the Worsley Alumina refinery in Western Australia. Additionally, South32 has successfully implemented sustainable practices, such as reducing its greenhouse gas emissions and water consumption. The company has also played an active role in community development initiatives, supporting education, healthcare, and environmental programs. South32 Ltd continues to drive growth and innovation within the mining industry.

South32 Ltd is primarily present in several countries and regions across the globe. It has significant operations in Australia, South Africa, Colombia, and Mozambique. With a diversified portfolio, South32 Ltd is actively engaged in mining and producing a wide range of commodities such as aluminum, manganese, silver, zinc, and coal. The company firmly establishes its presence in these locations by leveraging their rich mineral resources and contributing to the local economies. As a well-established global miner, South32 Ltd continues to expand its footprint and explore new opportunities in these regions while maintaining a strong focus on sustainability and responsible mining practices.

South32 Ltd represents a strong commitment to sustainable operations and responsible resource development. With a focus on safety, integrity, and excellence, the company actively strives to minimize its environmental impact and support the communities in which it operates. South32 prioritizes transparency and ethical practices throughout its business activities. By delivering value to its stakeholders and remaining adaptive in a changing industry landscape, South32 Ltd continues to strengthen its position as a leading global mining and metals company.

Analysts currently set an average price target of 3.10 USD for the South32 stock (median: 3.17 USD), implying -11.1 % versus the latest price. The consensus is based on 19 analyst ratings.

19 analysts currently rate the South32 stock: 13 recommend buying, 5 holding and 1 selling. For 2026, analysts expect South32 to generate revenue of 6.83 B USD and earnings per share of 0.23 USD.

Converted at the current exchange rate, the South32 share trades at 3.11 EUR (3.48 USD).

The South32 share (S32.AX) is listed on 9 stock exchanges, including: London (S32.L), SIX (Zürich) (32Z.SW), ASX (S32.AX), Frankfurt (32Z.F), München (32Z.MU), Düsseldorf (32Z.DU), Hamburg (32Z.HM).

South32 Ltd is a mining company based in Perth, Australia. It has been listed on the Australian stock exchange since 2015 and operates various mining activities around the world. The company's business model focuses on the production of metals and minerals used in various industries. South32's business activities include bauxite, coal, aluminum, nickel, silver, and zinc. One of the main divisions is bauxite production, which is used in the production of aluminum. The company operates several bauxite mines in Australia and produces around 12 million tons of bauxite annually. The produced bauxite is supplied to aluminum smelters where it is melted and further processed into aluminum. Another area in which South32 operates is coal production. The company operates several coal mines in Australia and South Africa, producing around 28 million tons of coal annually. The produced coal is mainly used for power generation but also for the steel industry. Aluminum production is another important aspect of South32. The company operates an aluminum smelter in South Africa, producing around 245,000 tons of primary aluminum annually. The produced aluminum is used in various industries such as transportation, construction, and packaging. In addition to bauxite, coal, and aluminum, South32 also produces nickel, silver, and zinc. The company operates a nickel mine in Australia, producing around 75,000 tons of nickel annually. This production is mainly used in the production of stainless steel. Silver and zinc production take place in South Africa, where the company operates several mines, producing around 900 tons of silver and 100,000 tons of zinc annually. South32's business model is based on the production of metals and minerals that are crucial to various industries. The company operates mines around the world and has a wide range of products. The production of bauxite, coal, and aluminum is particularly important as they are essential for aluminum production. The production of nickel, silver, and zinc is also crucial as these metals are used in various industries. The company markets its products to various customers, utilizing both the spot market and long-term contracts. South32's business model is based on a wide diversification of commodities to protect the company against market fluctuations. Overall, South32's business model is focused on sustainable, long-term production of metals and minerals. The company aims to take a global leadership role in the mining industry, relying on innovative and efficient production of raw materials.

The expected revenue of South32 is 6.83 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of South32 is 1.05 B USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of South32 is currently 15.03. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the South32 stock.

The price-to-sales ratio (P/S) of South32 is currently 2.30. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the South32 stock.

The Eulerpool Quality Score for South32 is 2/10.

The ISIN of South32 is AU000000S320. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of South32 is A14QLH. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of South32 is S32.AX. The ticker symbol is used to trade South32 shares on the stock exchange.

Fair ValueTerminal
3.27 USD
Over-/UndervaluationTerminal
Fairly valued
Industry
Metals & Mining
Number of shares
Employees
Revenue per Employee
407,271.70 USD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website south32.net
Country
Australia
Currency
USD
Initial public offering
May 18, 2015
ISIN
AU000000S320
Cusip
Q86668102
Sedol
BWSW5D9
Market capitalization
15.75 B USDLarge Cap
52-Week Range
PEG
7.10
P/E ratio
P/Ee 2026
15.03
P/Ee 2027
14.16
P/Ee 2028
13.93
P/Ee 2029
16.69
P/Ee 2030
9.16
P/S
P/Se
2.30
EV/EBIT
16.65
P/B Ratio
1.78
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
2.03 %
Dividend
Dividend yield
3.83 %
Est. Dividend Yield
3.20 %
Payout Ratio
332.96 %
Dividend growth Ø5Y
7.29 %
Dividend payments per year
2
Dividend paid since
10 years
Dividend not reduced since
1 year
Dividend increased since
1 year
Dividend withholding tax
30.00 %
Last updated Oct 8, 2026, 2:45 AM

South32 Ticker

ASX · S32.AXDÜSSELDORF · 32Z.DUFRANKFURT · 32Z.FHAMBURG · 32Z.HMLONDON · S32.LLONDON STOCK EXCHANGE · S32.LMUNICH · 32Z.MUOTC · SHTLFSIX · 32Z.SW

South32 FIGI

S32:AU · BBG0070L8ZT0S32:AT · BBG0070L8ZW6S32:AH · BBG0070L9007S32:SJ · BBG008D1YTY7S32:LN · BBG008H27C5032Z:GR · BBG008P7P9F632Z:GF · BBG008P7P9G532Z:GD · BBG008P7P9H432Z:GS · BBG008P7P9K032Z:GM · BBG008P7P9L932Z:GB · BBG008P7P9M832Z:GH · BBG008P7P9Q4