Rio Tinto Limited

Company Overview: Rio Tinto Limited (ASX: RIO) is involved in the production of gold, copper, iron ore, aluminum, coal, titanium dioxide, borates, and minerals and metals. Kalkine’s Global Fully Charged Report covers the Investment Highlights, Management Insights, Key Financial Metrics, Risks, and Technical Analysis along with the Valuation, Target Price, and Recommendation on the stock.

1.2 The Key Positives, Negatives, Investment Highlights, and Risks

1.3 Top 10 Shareholders:

The top 10 shareholders together form ~23.94% of the total shareholding. The Vanguard Group, Inc., and State Street Global Advisors Australia Ltd. hold maximum stakes in the company at ~6.53% and ~5.27%, respectively.

1.4 Key Metrics: RIO's operating margin increased to 29.2% in FY24 vs 27.4% in FY23.  Below are captured other metrics:

2.1 Recent Business Updates:

2.2 FY24 Results Highlights (for the period ended 31 December 2024): Below mentioned are some key financial highlights:   

2.3 Historical Financial Trend

4.1 Price Performance and Technical Summary

The stock has declined by ~9.65% in the last six months, whereas over the last nine months, the stock has down by ~15.60%. The stock has a 52-week low and 52-week high of AUD 100.750 and AUD 130.990, respectively, and is currently trading below the average of 52-week high and low. RIO was last covered in a report dated ‘04 February 2025’.

4.2 Fundamental Valuation

Valuation Methodology: Price/Earnings Multiple Based Relative Valuation (Illustrative)

Markets are trading in a highly volatile zone currently due to certain macro-economic issues and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is neither an indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is 1 July 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above. 

Note 4: Kalkine reports are prepared based on the stock prices captured either from REFINITIV or Trading View. Typically, REFINITIV or Trading View may reflect stock prices with a delay which could be a lag of 25-30 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.

Note 5: Dividend Yield may vary as per the stock price movement. 

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

Stop-loss: It is a level to protect further losses in case of unfavourable movement in the stock prices.