Michael LEstrange - Rio Tinto Independent Non-Executive Director
| RIO Stock | USD 62.35 0.22 0.35% |
Director
Prof. Michael Gerard LEstrange AO is Independent NonExecutive Director of Rio Tinto Plc., since 1 September 2014. He distinguished public service career gives him practical experience of the broader geostrategic and societal trends which impact Rio Tinto. Michael held various senior roles for the Australian government, including head of the Cabinet Policy Unit and secretary of the Department of Foreign Affairs and Trade. He served as High Commissioner to the United Kingdom, and is an Officer of the Order of Australia. Current external appointments Director and deputy chancellor of the University of Notre Dame, Australia. Nonexecutive director, Qantas Airways Limited since April 2016. since 2014.
| Age | 67 |
| Tenure | 10 years |
| Address | 6 St James?s Square, London, United Kingdom, SW1Y 4AD |
| Phone | 44 20 7781 2000 |
| Web | https://www.riotinto.com |
Rio Tinto Management Efficiency
The company has Return on Asset of 0.0923 % which means that on every $100 spent on assets, it made $0.0923 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1972 %, implying that it generated $0.1972 on every 100 dollars invested. Rio Tinto's management efficiency ratios could be used to measure how well Rio Tinto manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Capital Employed is likely to grow to 0.17, while Return On Tangible Assets are likely to drop 0.07. At this time, Rio Tinto's Non Currrent Assets Other are very stable compared to the past year. As of the 25th of November 2024, Other Current Assets is likely to grow to about 3.2 B, while Total Assets are likely to drop about 59.2 B.Similar Executives
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Management Performance
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.0923 |
Rio Tinto ADR Leadership Team
Elected by the shareholders, the Rio Tinto's board of directors comprises two types of representatives: Rio Tinto inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rio. The board's role is to monitor Rio Tinto's management team and ensure that shareholders' interests are well served. Rio Tinto's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Rio Tinto's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Tim Paine, Joint Company Secretary | ||
| Stephen McIntosh, Other - Group Executive, Growth and Innovation and Health, Safety and Environment | ||
| Simon McKeon, Non-Executive Independent Director | ||
| Mark Davies, Group Executive - Safety, Technical and Projects | ||
| MS MS, CEO Director | ||
| Simon Thompson, Executive Chairman of the Board | ||
| Peter Toth, Group Executive - Strategy and Development | ||
| Sam Laidlaw, Senior Independent Non-Executive Director | ||
| Barbara Levi, Chief Legal Officer and External Affairs | ||
| Physics MSc, Chief Officer | ||
| David Constable, Independent Non-Executive Director | ||
| Dominic Barton, Non-Executive Director | ||
| Ivan Vella, Chief Executive - Rio Tinto Aluminium | ||
| Michael LEstrange, Independent Non-Executive Director | ||
| Bold Baatar, Chief Executive - Energy & Minerals | ||
| Jakob Stausholm, Chief Executive Officer, Chief Financial Officer, Executive Director | ||
| Steve Allen, Joint Company Secretary | ||
| Simone Niven, Group Executive - Corporate Relations | ||
| Alfredo Barrios, Chief Executive of Rio Tinto Aluminium | ||
| Simon Henry, Independent Non-Executive Director | ||
| Jennifer Nason, Non-Executive Independent Director | ||
| Hinda Gharbi, Non-Executive Independent Director | ||
| Vera Kirikova, Group Executive - Human Resources | ||
| Peter Cunningham, Interim Chief Financial Officer | ||
| Peter BA, CFO Director | ||
| Nigel Steward, Asset Processing | ||
| Chris Salisbury, Chief Executive of Rio Tinto’s Iron Ore Group | ||
| Megan Clark, Independent Non-Executive Director | ||
| Ngaire Woods, Non-Executive Independent Director | ||
| Isabelle Deschamps, Chief Legal Officer and External Affairs | ||
| Menno Sanderse, Head Relations | ||
| Sinead Kaufman, Chief Executive - Rio Tinto Minerals | ||
| Arnaud Soirat, Chief Executive - Copper & Diamonds | ||
| Benjamin Wyatt, Independent Non-Executive Director | ||
| Jakob MS, CEO Director | ||
| Kellie Parker, Chief Executive - Australia | ||
| Simon Trott, Chief Executive - Rio Tinto Iron Ore | ||
| James Martin, Chief People Officer | ||
| BSc GAICD, Chief Ore | ||
| JeanSebastien Jacques, Chief Executive, Executive Director | ||
| Jerome Pecresse, President Aluminium |
Rio Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Rio Tinto a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.0923 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.29 % | ||||
| Current Valuation | 105.53 B | ||||
| Shares Outstanding | 1.25 B | ||||
| Shares Owned By Institutions | 10.72 % | ||||
| Number Of Shares Shorted | 9.54 M | ||||
| Price To Earning | 11.03 X | ||||
| Price To Book | 1.83 X |
Pair Trading with Rio Tinto
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Rio Tinto position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rio Tinto will appreciate offsetting losses from the drop in the long position's value.Moving together with Rio Stock
| 0.95 | VALE | Vale SA ADR Aggressive Push | PairCorr |
The ability to find closely correlated positions to Rio Tinto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rio Tinto when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rio Tinto - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rio Tinto ADR to buy it.
The correlation of Rio Tinto is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rio Tinto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rio Tinto ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Rio Tinto can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rio Tinto ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rio Tinto. If investors know Rio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rio Tinto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.133 | Dividend Share 4.349 | Earnings Share 6.58 | Revenue Per Share 33.396 | Quarterly Revenue Growth 0.005 |
The market value of Rio Tinto ADR is measured differently than its book value, which is the value of Rio that is recorded on the company's balance sheet. Investors also form their own opinion of Rio Tinto's value that differs from its market value or its book value, called intrinsic value, which is Rio Tinto's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rio Tinto's market value can be influenced by many factors that don't directly affect Rio Tinto's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rio Tinto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rio Tinto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rio Tinto's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.