-0.97%
2.70%
15.54%
0.15%
-0.77%
-13.73%
10.28%
AI Spotlight on ACX
Company Description
Acerinox, S.A., through its subsidiaries, manufactures, transforms, and markets stainless steel products in Spain, the Americas, Africa, Asia, Oceania, and Europe.The company offers flat products, including coil cold rollings, hot rolled and black coils, teardrop steel or coils, and hot and cold rolled sheets, as well as roughing materials, discs, billets, and plates.It also provides long products, which include steel and color coated wires, corrugated wires, hexagonal wire rods, bars, hot and cold rebars, decorticated bars, black bars, steel profiles, and corrugated hot rolls.
The company was incorporated in 1970 and is headquartered in Madrid, Spain.
Market Data
| Last Price | 9.71 |
| Change Percentage | -0.97% |
| Open | 9.84 |
| Previous Close | 9.8 |
| Market Cap ( Millions) | 2419 |
| Volume | 771310 |
| Year High | 10.71 |
| Year Low | 8.37 |
| M A 50 | 9.58 |
| M A 200 | 9.57 |
Financial Ratios
| FCF Yield | 32.78% |
| Dividend Yield | 6.39% |
| ROE | 4.56% |
| Debt / Equity | 94.50% |
| Net Debt / EBIDTA | -42.44% |
| Price To Book | 0.99 |
| Price Earnings Ratio | 21.71 |
| Price To FCF | 3.05 |
| Price To sales | 0.34 |
| EV / EBITDA | -2.69 |
News
- Jan -22 - Despite Fast-paced Momentum, Acerinox (ANIOY) Is Still a Bargain Stock
- Jan -06 - 3 Stocks Estimated To Be Trading At Discounts Of Up To 40.1%
- Dec -06 - 3 Stocks That May Be Priced Below Their Estimated Value In December 2024
- Oct -30 - Acerinox SA (ACRXF) Q3 2024 Earnings Call Highlights: Resilience Amid Market Challenges
- Apr -26 - RPT-EU should do more to curb steel imports from Asia, says Acerinox CEO
- Apr -25 - RPT-UPDATE 2-Steelmaker Acerinox cautious on second quarter as strike drags on
- Apr -25 - Steelmaker Acerinox cautious on second quarter as strike drags on
- Mar -21 - New Strong Sell Stocks for March 21st
- Feb -08 - Haynes (HAYN) to be Acquired by Acerinox's Unit for $970 Million
- Oct -27 - Is Phillips 66 (PSX) Stock Undervalued Right Now?
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Stainless Steel
Expected Growth : 4.5 %
What the company do ?
Acerinox, S.A.'s Stainless Steel is a high-quality, corrosion-resistant alloy used in various industries, offering durability, strength, and aesthetic appeal.
Why we expect these perspectives ?
Acerinox's 4.5% growth in stainless steel is driven by increasing demand from the automotive and construction industries, coupled with the company's strategic expansion into high-growth markets, such as Asia and the Americas. Additionally, Acerinox's focus on premium and specialty products, as well as its cost-saving initiatives, have contributed to its growth momentum.
Segment n°2 -> High Performance Alloys
Expected Growth : 4.8 %
What the company do ?
Acerinox's High Performance Alloys are specialized stainless steel grades offering exceptional corrosion resistance, strength, and durability for demanding industrial applications.
Why we expect these perspectives ?
Acerinox's High Performance Alloys segment growth of 4.8% is driven by increasing demand from the aerospace and energy industries, coupled with the company's strategic investments in R&D, expansion of production capacity, and cost optimization initiatives. Additionally, the segment benefits from the growing trend towards lightweighting and corrosion resistance in various end-markets.
Segment n°3 -> Unallocated
Expected Growth : 4.2 %
What the company do ?
Unallocated from Acerinox, S.A. refers to the portion of stainless steel production capacity not assigned to specific customers or orders, remaining available for future sales.
Why we expect these perspectives ?
Acerinox, S.A.'s unallocated segment growth of 4.2% is driven by increasing demand for stainless steel in the automotive and construction industries, coupled with the company's strategic expansion into high-growth markets, such as Asia and the Americas, and its focus on operational efficiency and cost reduction initiatives.
Acerinox, S.A. Products
| Product Range | What is it ? |
|---|---|
| Stainless Steel Flat Products | Acerinox produces a wide range of stainless steel flat products, including coils, sheets, and plates, used in various industries such as construction, transportation, and consumer goods. |
| Stainless Steel Long Products | Acerinox manufactures stainless steel long products, including bars, wires, and tubes, used in industries such as construction, automotive, and industrial equipment. |
| Alloy Steel Products | Acerinox produces alloy steel products, including bars, tubes, and forgings, used in industries such as aerospace, energy, and industrial equipment. |
| Special Alloys | Acerinox manufactures special alloys, including nickel-based and cobalt-based alloys, used in industries such as aerospace, energy, and industrial equipment. |
| Electrolytic Galvanizing | Acerinox offers electrolytic galvanizing services for steel products, providing corrosion protection and surface finishing. |
Acerinox, S.A.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Acerinox, S.A. is medium due to the availability of alternative materials and products that can replace stainless steel in certain applications.
Bargaining Power Of Customers
The bargaining power of customers for Acerinox, S.A. is low due to the company's strong market position and the lack of concentration among its customer base.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Acerinox, S.A. is medium due to the presence of multiple suppliers and the company's ability to negotiate prices.
Threat Of New Entrants
The threat of new entrants for Acerinox, S.A. is low due to the high barriers to entry in the stainless steel industry, including the need for significant capital investment and technical expertise.
Intensity Of Rivalry
The intensity of rivalry for Acerinox, S.A. is high due to the presence of several established competitors in the stainless steel industry, leading to a highly competitive market.
Strength
Weaknesses
Opportunities
Threats
Capital Structure
| Value | |
|---|---|
| Debt Weight | 46.99% |
| Debt Cost | 7.99% |
| Equity Weight | 53.01% |
| Equity Cost | 10.15% |
| WACC | 9.13% |
| Leverage | 88.64% |
Acerinox, S.A. : Quality Control
Acerinox, S.A. passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| VK.PA | Vallourec S.A., through its subsidiaries, provides tubular solutions for the oil and gas, industry, and energy markets in Europe, North America, South America, Asia, and internationally. It operates through Seamless … |
| RANA.OL | Rana Gruber ASA engages in the mining, processing, and sale of iron ore concentrate. The company excavates, processes, and sells iron oxide in the form of hematite, magnetite, and iron … |
| SSAB-A.ST | SSAB AB (publ) produces and sells steel products in the United States, Sweden, Finland, Germany, Denmark, and internationally. It operates through five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, … |
| VOE.VI | Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and … |
| BZU.MI | Buzzi Unicem S.p.A., together with its subsidiaries, manufactures, distributes, and sells cement, ready-mix concrete, and aggregates. It also offers special binders, safety sheets, and clinkers, as well as construction hydraulic … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Rana Gruber
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Buzzi Unicem
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Acerinox
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SSAB
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Voestalpine
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