SBSW vs. VALE

Last updated Apr 2, 2026

Compare and contrast key facts about Sibanye Stillwater Limited (SBSW) and Vale S.A. (VALE).

Performance

SBSW vs. VALE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sibanye Stillwater Limited (SBSW) and Vale S.A. (VALE). The values are adjusted to include any dividend payments, if applicable.

SBSW vs. VALE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SBSW Sibanye Stillwater Limited	-10.38%	331.82%	-39.23%	-46.54%	-9.57%	-12.44%	61.55%	250.88%	-41.72%	-26.00%
VALE Vale S.A.	23.18%	60.70%	-38.83%	1.57%	32.54%	-1.45%	32.40%	2.72%	12.25%	68.03%

Fundamentals

Market Cap SBSW : $8.78B VALE : $68.51B
EPS SBSW : -$17.51 VALE : $0.54
PS Ratio SBSW : 0.04 VALE : 1.79
PB Ratio SBSW : 0.22 VALE : 2.04
Total Revenue (TTM) SBSW : $238.26B VALE : $38.39B
Gross Profit (TTM) SBSW : $50.42B VALE : $13.26B
EBITDA (TTM) SBSW : $23.43B VALE : $13.88B

Returns By Period

In the year-to-date period, SBSW achieves a -10.38% return, which is significantly lower than VALE's 23.18% return. Over the past 10 years, SBSW has underperformed VALE with an annualized return of 1.40%, while VALE has yielded a comparatively higher 22.06% annualized return.

SBSW

• 1D: 0.73%
• 1M: -24.84%
• YTD: -10.38%
• 6M: 11.24%
• 1Y: 182.53%
• 3Y*: 15.99%
• 5Y*: -3.89%
• 10Y*: 1.40%

VALE

• 1D: 0.88%
• 1M: -5.53%
• YTD: 23.18%
• 6M: 48.78%
• 1Y: 67.24%
• 3Y*: 8.95%
• 5Y*: 8.50%
• 10Y*: 22.06%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SBSW vs. VALE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SBSW

SBSW Risk / Return Rank: 90
SBSW Sharpe Ratio Rank: 94
SBSW Sortino Ratio Rank: 88
SBSW Omega Ratio Rank: 87
SBSW Calmar Ratio Rank: 90
SBSW Martin Ratio Rank: 91

VALE

VALE Risk / Return Rank: 88
VALE Sharpe Ratio Rank: 91
VALE Sortino Ratio Rank: 87
VALE Omega Ratio Rank: 86
VALE Calmar Ratio Rank: 88
VALE Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SBSW vs. VALE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sibanye Stillwater Limited (SBSW) and Vale S.A. (VALE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SBSW	VALE	Difference
Sharpe ratio Return per unit of total volatility	2.53	2.06	+0.47
Sortino ratio Return per unit of downside risk	2.65	2.60	+0.05
Omega ratio Gain probability vs. loss probability	1.36	1.35	+0.02
Calmar ratio Return relative to maximum drawdown	3.91	3.49	+0.42
Martin ratio Return relative to average drawdown	11.57	11.65	-0.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SBSW vs. VALE - Sharpe Ratio Comparison

The current SBSW Sharpe Ratio is 2.53, which is comparable to the VALE Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of SBSW and VALE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SBSW	VALE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.53	2.06	+0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.07	0.24	-0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.02	0.52	-0.50
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.31	-0.17

Correlation

The correlation between SBSW and VALE is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

SBSW vs. VALE - Dividend Comparison

SBSW's dividend yield for the trailing twelve months is around 2.65%, less than VALE's 3.58% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SBSW Sibanye Stillwater Limited	2.65%	0.00%	0.00%	6.98%	7.68%	13.34%	0.75%	0.00%	0.00%	2.68%	5.12%	3.05%
VALE Vale S.A.	3.58%	7.29%	11.41%	7.75%	8.63%	19.70%	2.72%	2.63%	4.16%	3.77%	1.06%	7.48%

Drawdowns

SBSW vs. VALE - Drawdown Comparison

The maximum SBSW drawdown since its inception was -89.24%, roughly equal to the maximum VALE drawdown of -92.78%. Use the drawdown chart below to compare losses from any high point for SBSW and VALE.

Drawdown Indicators

	SBSW	VALE	Difference
Max Drawdown Largest peak-to-trough decline	-89.24%	-92.78%	+3.54%
Max Drawdown (1Y) Largest decline over 1 year	-45.72%	-19.85%	-25.87%
Max Drawdown (5Y) Largest decline over 5 years	-82.53%	-49.79%	-32.74%
Max Drawdown (10Y) Largest decline over 10 years	-89.24%	-57.60%	-31.64%
Current Drawdown Current decline from peak	-39.53%	-8.44%	-31.09%
Average Drawdown Average peak-to-trough decline	-48.34%	-36.95%	-11.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.45%	5.94%	+9.51%

Volatility

SBSW vs. VALE - Volatility Comparison

Sibanye Stillwater Limited (SBSW) has a higher volatility of 20.35% compared to Vale S.A. (VALE) at 12.08%. This indicates that SBSW's price experiences larger fluctuations and is considered to be riskier than VALE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SBSW	VALE	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.35%	12.08%	+8.27%
Volatility (6M) Calculated over the trailing 6-month period	52.93%	24.50%	+28.43%
Volatility (1Y) Calculated over the trailing 1-year period	72.65%	32.85%	+39.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.23%	35.64%	+23.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.18%	42.23%	+21.95%

Financials

SBSW vs. VALE - Profitability Comparison

The chart below illustrates the profitability comparison between Sibanye Stillwater Limited and Vale S.A. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SBSW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Sibanye Stillwater Limited reported a gross profit of 18.20B and revenue of 71.36B. Therefore, the gross margin over that period was 25.5%.

VALE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Vale S.A. reported a gross profit of 4.08B and revenue of 11.06B. Therefore, the gross margin over that period was 36.9%.

SBSW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Sibanye Stillwater Limited reported an operating income of 13.77B and revenue of 71.36B, resulting in an operating margin of 19.3%.

VALE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Vale S.A. reported an operating income of 2.91B and revenue of 11.06B, resulting in an operating margin of 26.3%.

SBSW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Sibanye Stillwater Limited reported a net income of -1.51B and revenue of 71.36B, resulting in a net margin of -2.1%.

VALE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Vale S.A. reported a net income of -3.90B and revenue of 11.06B, resulting in a net margin of -35.3%.