jonnytren

ASX - RIO

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jonnytren 已更新   
ASX:RIO   RIO TINTO LIMITED
a cyclical mining giant, finding it hard to find a long term (5-10 year) negative on RIO.
even if there is deflationary pressures this is so cheap on so many metrics.
- Paid down alot of debt.
- Current div yield of 10.4%
- ROIC long term mean of 13% (+ div of 5ish?) = 18% ROIC
- Current ROIC with inflationary pressures = 26% + 10% div?!
- Trading at a current PE Ratio of 5.88x! being a cyclical it is hard to get a feel of the PE but its very much on the low side.
- Input costs and labour pressures are here and trading at 1.8x price to sales.


评论:
RIO may be topping out with the global back drop, but with China re-opening I'm happy to hold this blue chip through a downturn.
Up on my position, base price of $80

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