South32ASX:S32 -1.93%71 EBITDA Margin % is 30.47% as of Dec. 2025, which is 29% above its 10-year median of 23.54. GuruFocus rates ASX:S32 with a GF Score™ of 71/100 and a GF Value™ of A$3.71 (Fairly Valued). The stock has 4 warning signs investors should review. Among 841 Metals & Mining companies, South32 ranks better than 66.35% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. South32's EBITDA for the
six
months ended in Dec. 2025 was A$1,288 Mil. South32's Revenue for the
six
months ended in Dec. 2025 was A$4,228 Mil. Therefore, South32's EBITDA margin for the quarter that ended in Dec. 2025 was 30.47%.
South32 (ASX:S32) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
South32 EBITDA Margin % Related Terms
South32 EBITDA Margin % Historical Data
* Premium members only.
The historical data trend for South32's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Other Industrial Metals & Mining subindustry, South32's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
South32 EBITDA Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, South32's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where South32's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
South32 (ASX:S32) has a EBITDA Margin % of 30.47% as of Dec. 2025. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on South32 and its competitors. This is 29% above median its historical median of 23.54. According to the industry distribution chart, South32 ranks #283 out of 841 companies in the Metals & Mining industry, placing it in the top 33.7%.
Is South32's EBITDA Margin % too high?
South32's current EBITDA Margin % of 30.47% is 29% above median its 10-year median of 23.54. The Metals & Mining industry median EBITDA Margin % is 8.89. South32's value of 30.47% is 242.7% above this industry median. Based on the distribution chart, South32 ranks #283 out of 841 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, South32 has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does South32's EBITDA Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, South32 ranks #283 out of 841 companies for EBITDA Margin %. This puts South32 in the upper half of its industry. The industry median EBITDA Margin % is 8.89. South32's value of 30.47% is 242.7% above this benchmark. While the company's 10-year median is 23.54 vs. the industry median of 8.89, South32 has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Metals & Mining company?
The median EBITDA Margin % among Metals & Mining companies is 8.89, based on 841 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. South32's current EBITDA Margin % of 30.47% is 242.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on South32 and its competitors. For the Metals & Mining industry, the median EBITDA Margin % is 8.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. South32's current EBITDA Margin % is 30.47%, which is 29% above median its own 10-year median of 23.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South32 stock overvalued right now?
Based on GuruFocus' analysis, South32 (ASX:S32) is currently considered Fairly Valued. The stock's GF Value™ is A$3.71, compared to a current price of A$4.06 — trading 9.4% above its estimated fair value. The current EBITDA Margin % is 30.47%, which is 29% above median its 10-year median of 23.54 and 242.7% above the Metals & Mining industry median of 8.89. South32's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For South32 (ASX:S32), the current EBITDA Margin % is 30.47% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is South32 (ASX:S32) Overvalued in 2026?
Based on GuruFocus' analysis, South32 stock appears to be overvalued.
The current stock price of A$4.06 is trading 9.4% above its estimated GF Value™ of A$3.71.
GuruFocus considers South32 to be Fairly Valued.
Key valuation signals for ASX:S32:
EBITDA Margin %: 30.47% (29% above median its 10-year median of 23.54)
GF Value™: A$3.71 vs. price of A$4.06 (9.4% above fair value)
Industry Position: 242.7% above the Metals & Mining median (#283 of 841)
No single metric tells the full story. See the ASX:S32 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
South32 was born of the demerger of noncore assets from BHP in 2015. Its major operations include alumina businesses in Australia and Brazil, aluminum in Brazil, South Africa, and Mozambique, and manganese businesses in Australia and South Africa. It sold New South Wales metallurgical coal in August 2024 and the Cerro Matoso nickel mine in Colombia in December 2025. It also owns the Cannington silver/lead/zinc mine in Queensland. Its Australian manganese operations deliver high returns, but have a relatively short reserve life. The company acquired Arizona Mining, which brings with it the high-grade and likely low-cost Taylor project in the US, and also entered the copper business in 2022 via the purchase of a 45% stake in the Sierra Gorda mine in Chile.
71GF Score
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