Rio Tinto (RIO)
Rio Tinto Ltd. engages in finding, mining, and processing of mineral resources. Its businesses include open pit and underground mines, mills, refineries and smelters as well as research and service facilities. The firm comprises of five principal product groups: Aluminium, Copper and Coal, Diamonds and Minerals, Energy and Iron Ore. It also comprises two support groups: Technology & Innovation and Exploration. The Aluminium product group includes bauxite, alumina and aluminium. The Copper and Coal group includes copper, gold, molybdenum and silver. The Diamonds and Minerals group comprises mining, refining and marketing operations across four sectors. This group includes diamonds, borates, salt and titanium dioxide. The Energy product group includes thermal coal, used for electricity generation in power stations, and of coking coal for steel making. Its products include thermal coal, coking coal and uranium. The Iron ore product group supplies to the iron ore market which makes steel for industrial and infrastructure use. It is also a salt exporter, producing industrial salt for the chemicals industry. Its products include iron ore and salt. Its projects include Benga, Oyu Tolgoi, Pilbara, and Simandou. The company was founded on December 17, 1959 and is headquartered in Melbourne, Australia.
|Market Price at 24-11-2017
|Price to Earnings Ratio
|Return on Equity (ROE)
Blog posts that reference Rio Tinto:
Wednesday, March 02, 2016
In theory dividends should always be paid out of profits. It is how companies pass back some of their success to their shareholders. Companies must choose how much of their profits to pay out as dividends and how much to keep to reinvest in the business. This is known as the payout ratio.
Companies that believe they can generate high returns on the profits they reinvest should keep a high proportion of those profits so they can generate greater wealth for their shareholders in the long term. The company grows through their successful reinvestment, driving up the value of the business and therefore the share price.
Thursday, October 02, 2014
Like it or not, the outlook for Australia’s share market is partly a proxy on the fortunes of big banks and miners. Given that they collectively represent over 40 per cent of the S&P/ASX 200, it’s hardly surprising that the outlook for the index isn’t particularly flash.
Further losses from banks and miners will weigh heavily on the index. But whether they’re falling or not, you need to reduce the embedded risk associated with holding only Australian shares by diversifying into offshore markets.
Wednesday, July 23, 2014
Stock broker and market commentator Marcus Padley was kind enough to join us for a recent webinar in which he shared his top investment themes for 2015.
Banks, Retirement, Agriculture and Housing are all on Marcus’ radar, what themes are you watching for 2015?
Tuesday, May 20, 2014
Since first flagging Titan Energy Services (TTN) as a stock on an impressive growth trajectory in August 2013, the company’s share price has been on a roller coaster ride.
TTN was trading at $2.27 when Skaffold crunched its 2013 full year results through its automated algorithms, and upgraded the company’s Skaffold Score from B3 to A2. By late October the share price hit $3.71 before retreating back to $2.07, as at 19 May 2014 close of trade. It was $2.32 on 12 May 2014. TTN’s share price isn’t for the feint hearted.
Today Titan Energy Services issued a trading update, and announced its win of new contracts. Here’s a snapshot of the good and bad disclosed in today’s announcement.
Thursday, May 15, 2014
Australia’s top 10 stocks by market capitalisation – BHP Billiton (BHP), Commonwealth Bank (CBA), Rio Tinto (RIO), Westpac (WBC), ANZ, NAB, Telstra (TLS), Wesfarmers (WES), Woolworths (WOW) and CSL – are a solid group of companies that have, on balance, delivered strong returns for shareholders.
Are they positioned to continue delivering growth or do their global counterparts represent more attractive opportunities? We went inside Skaffold Global to find out.
Also consider this: you won’t find any global tech companies in the ASX 10. Pharmaceuticals, big oil and household products also fail to feature in our local market. To gain exposure to these global industries, you must expand your universe to the US and Europe.
Friday, February 07, 2014
REA Group (REA) and Titan Energy Services (TTN) have delivered impressive results this reporting season, and retained their A1 and A2 Skaffold Scores. TTN first came on our radar last reporting season when its improving balance sheet and economic performance resulted in its Skaffold Score improving from B3 to A2.
Thursday, January 30, 2014
Reports for around 300 global stocks flowed through Skaffold during January, including Apple, Microsoft, Procter and Gamble, AT&T, Facebook, Intel, The Boeing Company, eBay, Nike, Caterpillar, Starbucks, Kimberly Clark, Yahoo!, Motorola, Xerox, Oshkosh, The Bank of Nova Scotia, Metro Inc, Prada, Singapore Exchange, PZ Cussons and SGS Societe Generale de Surveillance.
Exclusively for Skaffold members, we’ve put together a list of companies whose latest financial results are now available in Skaffold, including updated Skaffold Scores and Safety Margins.
Friday, September 06, 2013
With reporting season now complete (except for the very small mining companies), let’s take a look at what opportunities Skaffold identified over the last four weeks, and how those stocks have performed.
The three standout stocks this reporting season, which we wrote about in blog posts and weekly reporting season update emails, are Titan Energy Services (TTN), RCR Tomilson (RCR) and MGM Wireless (MWR). TTN’s share price is up 32%, RCR 19% and MGM Wireless 37%.
As a wrap up to a successful reporting season, here’s a summary of the stocks that came to our attention over the past month. Aside from TTN, RCR and MWR, at the time of initial writing all the stocks listed below were trading at a premium to Skaffold’s intrinsic value estimate.
In order of appearance, and with previously published comments, this year’s interesting stocks were…
Monday, August 19, 2013
Comparing the value of the Australian share market as a whole with global indices can be a dangerous and futile exercise. After all, most investors are individual stock-pickers not index huggers. However, once you recognise exactly how top-heavy the ASX is compared to the US and other global markets, you’ll sit up and take notice when analysts have concerns over valuations.
Thursday, August 15, 2013
Since April 2011 Newcrest Mining (NCM) shareholders have been punished with a falling share price that has declined from more than $42.50 to $9.30. NCM released its full year results on 12 August. Revenues decreased 15% and the company reported Net Profit After Taxes of $5.78 billion. These poor results and less than impressive business performance resulted in NCM’s Skaffold’s Score falling from B3 to C4. A company rated C4 is not considered investment grade by Skaffold.
Financial results for Cochlear (COH), JB Hi-Fi (JBH), Tabcorp (TAH) and Coffey International (COF) are now available in Skaffold.