About South32 Limited (S32)
South32 Limited is a Other Industrial Metals & Mining company operating in the Basic Materials sector. The company is headquartered in Perth, Australia. S32 has been publicly traded since 2015, giving it 11+ years of trading history.
South32 Limited (S32) has been publicly traded since 2015, making it a 11-year-old public company. It operates in the Other Industrial Metals & Mining industry within the Basic Materials sector. The company is headquartered in Perth, Australia and employs approximately 8,892 people. With a market capitalization of A$20 billion, S32 is a large established company.
S32 trades on the Australian Securities Exchange and is classified as a large-cap-cap stock with a market capitalization of approximately A$20 billion. The company employs approximately 8,892 people worldwide.
Key Statistics
- Current Price
- A$4.41
- Market Cap
- A$19.76B
- 52-Week High
- A$4.91
- 52-Week Low
- A$2.47
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
S32 Investment Performance
S32 has gained 25.4% year-to-date in 2026. Over the past 5 years, a A$1,000 investment in S32 would have grown to A$1,913, representing a 91.3% total return. Since its IPO in 2015, a A$1,000 investment would now be worth A$2,905.
A$1,000 Invested in South32 Limited (S32)
How much would A$1,000 invested in S32 be worth today?
What would A$1,000 invested in S32 1 year ago be worth today?
A A$1,000 investment in South32 Limited (S32) in 2025 would be worth A$1,408 as of March 2026, representing a +40.8% total return.
What would A$1,000 invested in S32 3 years ago be worth today?
A A$1,000 investment in South32 Limited (S32) in 2023 would be worth A$1,088 as of March 2026, representing a +8.8% total return.
What would A$1,000 invested in S32 5 years ago be worth today?
A A$1,000 investment in South32 Limited (S32) in 2021 would be worth A$1,913 as of March 2026, representing a +91.3% total return.
What would A$1,000 invested in S32 10 years ago be worth today?
A A$1,000 investment in South32 Limited (S32) in 2016 would be worth A$4,342 as of March 2026, representing a +334.2% total return.
What would A$1,000 invested in S32 at IPO be worth today?
A A$1,000 investment in South32 Limited (S32) at IPO would be worth A$2,905 as of March 2026, representing a +190.5% total return.
Monthly Returns Heatmap
Over the past 10+ years (130 months), South32 Limited (S32) has averaged a monthly return of +1.31% with a median return of +0.66%. The stock had 67 positive months (52%) and 60 negative months (46%). The best month in S32's history was January 2026 with a +29.8% return, while the worst was June 2022 at -21.2%. Historically, September tends to be the strongest month (averaging +7.1%), and June the weakest (-5.2%).
S32's longest winning streak was 7 consecutive months of gains, while its longest losing streak was 6 consecutive months of losses. The best full year was 2016 with a cumulative return of +106.6%, and the worst was 2019 at -14.6%.
Annual Returns
Over 11 years of trading history, South32 Limited (S32) has delivered an average annual return of +24.49% with a median return of +7.95%. The compound annual growth rate (CAGR) is +17.62%. The stock posted gains in 8 years (73%) and losses in 3 years (27%).
S32's best year was 2016 with a +159.80% gain, while the worst was 2019 at -16.13%. The longest streak of consecutive positive years was 3, and the longest losing streak was 2 years. S32 achieved double-digit gains (10%+) in 4 years. It suffered double-digit losses in 2 years.
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | +25.40% | A$3.52 | A$4.41 |
| 2025 | +7.95% | A$3.26 | A$3.52 |
| 2024 | +3.80% | A$3.14 | A$3.26 |
| 2023 | -14.07% | A$3.65 | A$3.14 |
| 2022 | +8.54% | A$3.36 | A$3.65 |
| 2021 | +67.13% | A$2.01 | A$3.36 |
| 2020 | -6.57% | A$2.15 | A$2.01 |
| 2019 | -16.13% | A$2.57 | A$2.15 |
| 2018 | +1.16% | A$2.54 | A$2.57 |
| 2017 | +32.38% | A$1.92 | A$2.54 |
| 2016 | +159.80% | A$0.74 | A$1.92 |
S32 Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating South32 Limited as an investment
Valuation
S32 currently trades at a trailing P/E ratio of 36.8, which is considered high relative to the broader market. The forward P/E of 10.9 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 1.5. The price-to-sales ratio is 3.3.
Dividends
South32 Limited pays a dividend to shareholders with a current yield of 2.14%. This translates to A$0.09 per share annually. The payout ratio of 68% indicates moderate dividend coverage.
Risk & Volatility
S32 has a beta of 0.70, indicating it is less volatile than the overall market. The stock's 52-week range is A$2.47 to A$4.91, and it currently trades in the upper half of its 52-week range.
Analyst Ratings
Based on 13 analyst opinions, S32 has a consensus "buy" rating. The average price target of A$4.79 suggests 8.7% upside from current levels.
Frequently Asked Questions: S32
What sector is S32 in? ▼
S32 operates in the Basic Materials sector, specifically in the Other Industrial Metals & Mining industry.
How has S32 performed historically? ▼
Over 11 years of trading history, S32 has posted gains in 8 years (73% of the time). The best year was 2016 with a +159.8% return. Past performance does not guarantee future results.
How can I invest in S32? ▼
You can invest in S32 through any brokerage account that offers access to the Australian Securities Exchange. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold S32.
Does S32 pay dividends? ▼
South32 Limited pays a dividend to shareholders with a current yield of 2.14%. This translates to A$0.09 per share annually. The payout ratio of 68% indicates moderate dividend coverage.
What does South32 Limited do? ▼
South32 Limited is a Other Industrial Metals & Mining company operating in the Basic Materials sector. The company is headquartered in Perth, Australia.
What sector is S32 in? ▼
S32 operates in the Basic Materials sector, specifically in the Other Industrial Metals & Mining industry.
When did S32 go public? ▼
South32 Limited went public in 2015, making it a 11-year-old public company as of 2026.
How much would A$1,000 invested in S32 5 years ago be worth today? ▼
A A$1,000 investment in S32 five years ago would be worth approximately A$1,913 today, representing a 91.3% return.
How much would A$1,000 invested in S32 10 years ago be worth today? ▼
A A$1,000 investment in S32 ten years ago would be worth approximately A$4,342 today, representing a 334.2% total return over the decade.
What is S32's 3-year return? ▼
Over the past 3 years, S32 has returned 8.8%. A A$1,000 investment would have grown to A$1,088.
How much would A$1,000 invested in S32 at IPO be worth today? ▼
If you invested A$1,000 in S32 at its IPO in 2015, it would be worth approximately A$2,905 today, a 190.5% return over 11 years.
Does S32 pay dividends? ▼
Yes, South32 Limited pays a dividend with a current yield of 2.14%, which is A$0.09 per share annually.
What is S32's market cap? ▼
South32 Limited has a market capitalization of A$20 billion, classifying it as a large-cap company.
What is S32's P/E ratio? ▼
S32 has a trailing P/E ratio of 36.8 and a forward P/E of 10.9, which measures how much investors are paying per dollar of earnings.
Is S32 a buy, hold, or sell? ▼
Based on 13 opinions, S32 has a consensus "buy" rating. The average price target is A$4.79.
Last updated: 3/15/2026