Glencore (LON:GLEN) cover image
215 Reads (2 mins read)

Is the Glencore share price good value at 2566p?

7th Nov by Jack Brumby

Glencore (LON:GLEN) is a large cap integrated producer and marketer of commodities, such as metals and minerals, energy products and agricultural product. It also has interests in industrial assets that include mining, smelting, refining and warehousing operations.

Right now the Glencore share price appears to represent solid value, as shown in the group's Value Rank of 69. Let's explore this in more detail.

GET MORE DATA-DRIVEN INSIGHTS INTO LON:GLEN »

Digging into Glencore's Value Rank

Looking at Glencore's StockReport, we can see that the group has a:

  • Rolling price to book value of 1.05,
  • Trailing twelve month price to earnings ratio of 15.8
  • Trailing twelve month price to free cashflow of 6.91
  • No rolling dividend yield
  • Trailing twelve-month price to sales ratio of 0.20

This combination of financial traits suggests that, while Glencore stock is not the cheapest, it is far from expensive at these levels and is worth considering - especially if it is exposed to other positive stock market factors as well.

Studies indicate that combining factors such as Value, Quality and Momentum is a more effective way of outperforming the market over longer time frames. That's why we have constructed our StockReports to give an instant impression of how well exposed Glencore (LON:GLEN) is to these three factors. We go into greater detail on factor investing in this video

Stockopedia helps you to identify return-enhancing factors such as Quality, Value and Momentum by analysing thousands of data points every day. To find out more about you find investment opportunities and analyse your portfolios then take one of our two-week free trials and have a look around.

Share this article
As per our Terms of Use, Stockopedia is a financial news & data site, discussion forum and content aggregator. Our site should be used for educational & informational purposes only. We do not provide investment advice, recommendations or views as to whether an investment or strategy is suited to the investment needs of a specific individual. You should make your own decisions and seek independent professional advice before doing so. Remember: Shares can go down as well as up. Past performance is not a guide to future performance & investors may not get back the amount invested.
Share Price
246.9p
Change Today
3.05%
Glencore ( )

Stockopedia is here to help individual investors beat the markets by being the very best in stock analysis, research & community. Take a 30 day free trial of our extensive multi-award winning service and find out why more than ten thousand global investors can't live without it.

© Stockopedia 2019, Thomson Reuters, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.