Vale S.A. Ratios and Metrics

Market cap in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 27, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	51,197	41,437	30,076	53,745	63,385	50,551
Market Cap Growth	55.65%	37.78%	-44.04%	-15.21%	25.39%	-20.11%
Enterprise Value	62,393	53,177	39,475	65,016	72,756	55,394
Last Close Price	11.96	9.70	6.33	10.25	10.69	7.31
PE Ratio	27.47	22.24	7.37	8.32	4.21	3.15
PS Ratio	1.78	1.44	1.13	1.60	1.78	1.30
PB Ratio	2.01	1.63	1.09	1.68	2.07	1.94
P/TBV Ratio	2.81	2.28	1.64	2.47	3.02	2.68
P/FCF Ratio	24.69	19.98	15.42	9.11	13.45	3.48
P/OCF Ratio	7.78	6.30	4.64	5.04	6.94	2.79
EV/Sales Ratio	2.06	1.85	1.48	1.93	2.05	1.42
EV/EBITDA Ratio	5.75	5.13	4.17	4.34	4.54	2.49
EV/EBIT Ratio	7.40	6.51	5.27	5.19	5.41	2.76
EV/FCF Ratio	30.08	25.64	20.24	11.02	15.44	3.82
Debt / Equity Ratio	0.61	0.61	0.51	0.41	0.41	0.49
Debt / EBITDA Ratio	1.49	1.49	1.48	0.88	0.79	0.57
Debt / FCF Ratio	7.54	7.54	7.27	2.23	2.68	0.88
Net Debt / Equity Ratio	0.39	0.39	0.37	0.32	0.28	0.15
Net Debt / EBITDA Ratio	0.97	0.97	1.08	0.69	0.54	0.18
Net Debt / FCF Ratio	4.83	4.83	5.21	1.74	1.85	0.27
Asset Turnover	0.44	0.44	0.43	0.46	0.48	0.60
Inventory Turnover	4.54	4.54	5.13	5.21	5.20	5.15
Quick Ratio	0.72	0.72	0.65	0.60	0.75	1.10
Current Ratio	1.15	1.15	1.03	1.28	1.12	1.47
Return on Equity (ROE)	5.87%	5.87%	14.77%	20.63%	44.15%	70.80%
Return on Assets (ROA)	7.79%	7.79%	7.62%	10.63%	11.24%	19.35%
Return on Invested Capital (ROIC)	9.43%	9.65%	18.62%	22.05%	30.55%	57.73%
Return on Capital Employed (ROCE)	15.60%	15.60%	14.00%	20.10%	22.50%	36.50%
Earnings Yield	3.64%	4.50%	13.57%	12.02%	23.76%	31.79%
FCF Yield	4.05%	5.00%	6.49%	10.98%	7.43%	28.70%
Dividend Yield	3.88%	7.62%	9.71%	11.03%	8.35%	25.57%
Payout Ratio	144.57%	144.57%	65.41%	70.02%	35.54%	60.31%
Buyback Yield / Dilution	0.12%	0.12%	2.06%	5.87%	7.46%	2.20%
Total Shareholder Return	4.00%	7.74%	11.77%	16.90%	15.82%	27.77%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.