ACERINOX, S.A.

Acerinox manufactures and markets stainless steel products internationally through its Stainless steel and High-performance Alloys segments. It offers flat products like coils, sheets, strips, bars, and discs. Long products include wire rods, bars, profiles, angles, and steel profiles. The company also provides stainless steel products in various forms, such as austenitic, ferritic, duplex, and martensitic.

Overview

Sector

Steel

Target Price

11.3 EUR

Current Price

10.2 EUR

Potential

11%

Strengths

Current Price to Earnings Ratio (11.29) is lower than the sector mean (34.05).
EV/EBITDA (7.99) is lower than the sector mean (10.56).
EV/EBIT (8.14) is lower than the sector mean.

Weaknesses

Analysts expect revenues to decline in the coming year.
The company have lower returns than the sector in which it operates. ROIC (5.98%) is significantly lower than the sector mean (15.18%).
EBITDA Margin (8.46%) appears relatively low.

Key Financial Data

Indicator	Value
PER	11.3
EV/EBITDA	8.0
Price/Free Cash Flow'	28.5
ROIC	6.0%
Net Debt/EBITDA	2.4