Briefing on the Fundamentals of Rio Tinto Plc

Is it worth buying Rio Tinto Plc stock at a price of $65.72? If this question is on your mind, make sure to check out the fundamentals of this Industrial Metals & Mining large-cap company:

  • Rio Tinto Plc has logged a 2.3% 52 week change, compared to -14.8% for the S&P 500

  • RIO has an average analyst rating of buy and is -7.94% away from its mean target price of $71.39 per share

  • Its trailing earnings per share (Eps) is $10.86, which brings its trailing Price to Earnings (P/E) ratio to 6.1. The Basic Materials sector's average P/E ratio is 8.57

  • The company's forward earnings per share (Eps) is $4.21 and its forward P/E ratio is 15.6

  • The company has a Price to Book (P/B) ratio of 2.1 in contrast to the Basic Materials sector's average P/B ratio is 1.86

  • The current ratio is currently 1.9, which consists in its liquid assets divided by any liabilities due within in the next 12 months

  • RIO has reported YOY quarterly earnings growth of -27.7% and gross profit margins of 43.5%

  • The company's free cash flow for the last fiscal year was $17,961,000,000.00 and the average free cash flow growth rate is 45.2%

  • Rio Tinto Plc's revenues have an average growth rate of 17.4% with operating expenses growing at 7.3%. The company's current operating margins stand at 46.4%

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.