Obermatt

Aperam

AEX:APAM · LU0569974404
Metals & MiningLarge

360

31
EV / EBIT29
Price / Owner Earnings3
Owner Earnings Yield55
Dividend Yield81
Price/Sales56
EV / Gross Profit7
Price/Book64
Return on Capital25
Cash Return on Capital56
Return on Equity40
EBIT Margin24
Gross Profitability22
Cash Conversion91
Accruals82
Owner Earnings Margin58
Sales growth56
Profit Growth51
Long-Term EPS Growth100
Owner Earnings Growth26
Reinvestment87
Price momentum79
Debt load44
Refinancing78
Debt Payback22
Liquidity17
Analyst ratings35
Opinion Changes50
Price Target Upside22
Market mood27
Value Creation6/20not creating value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Aperam doesn't consistently earn more than its cost of capital, so it isn't yet creating shareholder value.

Profile

CountryLuxembourg
IndustryMetals & Mining
SizeLarge
TypePublic Company
ExchangeENXTAM
Founded2010
Employees2,628
Websiteaperam.com
ISINLU0569974404
Last UpdateApr 2, 2026
Themes
Green SteelIndustrial AutomationManufacturing

Description

Aperam S.A. is a player in the stainless and electrical steel industry, recognized for its commitment to sustainability and innovation. The company operates in the production of a full range of stainless steel products, flat stainless and electrical…

Analysis

Middle-of-the-road

Aperam S.A. is a middle-of-the-road business: neither the economics nor the price stand out from the peer group.

The price is expensive. You pay 72.0× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 24% yearly growth; analysts expect 93%. The price, in other words, assumes less than the experts do.

The trajectory is solid and the balance sheet is stretched. The company scores 6/20 on our value-creation score: not creating value. Analyst sentiment is cautious.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
32
2023202420252026

All-time high

85

Jan 2023

All-time low

30

Mar 2026

Average rank

63

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
56
79
76
49
Price/Earnings
22
62
48
71
Price/Book
64
79
72
52
Dividend Yield
81
92
97
86
Value (overall)
52
85
87
88

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

Similar Stocks

The companies this stock is ranked against.

Compare Aperam with its peers
Outokumpu
HEX:OUT1V
37
CountryFinland
IndustryMetals & Mining
SizeLarge
Full Stock Analysis →
ArcelorMittal South Africa
JNB:ACL
22
CountryLuxembourg
IndustryMetals & Mining
SizeMedium
Full Stock Analysis →
Constellium
NYQ:CSTM
58
CountryFrance
IndustryMetals & Mining
SizeLarge
Full Stock Analysis →
Goodwin
LSE:GDWN
85
CountryUK
IndustryMachinery
SizeSmall
Full Stock Analysis →
Eramet
PAR:ERA
5
CountryFrance
IndustryMetals & Mining
SizeLarge
Full Stock Analysis →
Ferroglobe
NAQ:GSM
22
CountryUK
IndustryMetals & Mining
SizeMedium
Full Stock Analysis →

Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →