South32 Limited
S32.AXBasic MaterialsASXOther Industrial Metals & Mining
Scan Results
Daily timeframeSouth32 Limited operates as a diversified metals and mining company. With a market capitalization of $21.56B, it sits in large-cap territory. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Australia Manganese, and South Africa Manganese segments.
Market Cap
$21.56B
Beta
0.64
P/E (TTM)
40.08
P/E (Fwd)
12.42
EPS (TTM)
$0.12
EPS (Fwd)
$0.39
ROE
4.2%
ROA
3.4%
Cash
$1.66B
Total Debt
$1.69B
Free CF
-$141.1M
52W Change
63.6%
Annual Financials
Cash vs Debt
On the balance sheet, S32.AX has $1.66B in cash with $1.69B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company is burning cash, with free cash flow at -$141.1M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of 4.2% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 3.4% is on the lower side, which is common in asset-heavy industries. Revenue has pulled back from $9.27B (2022) to $5.78B (2025), a 38% decline worth watching.
With a beta below 0.7, South32 Limited typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence South32 Limited's trajectory.