A Business at a Glance
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APERAM operates in the Steel industry, Basic Materials sector. Full business description from SEC filing not yet available.
| Metric | TTM | FY2021 | FY2020 |
|---|---|---|---|
| Revenue | 6.0B | 6.0B | 4.2B |
| Net Income | 1.1B | 1.1B | 201M |
| EPS | $14.35 | $14.35 | $2.51 |
| Free Cash Flow | 470M | 470M | 223M |
| ROIC | 40.0% | 26.3% | 6.0% |
| Gross Margin | 24.2% | 24.2% | 10.2% |
| Debt/Equity | 0.00 | 0.38 | 0.31 |
| Dividends/Share | $2.12 | $2.12 | $2.01 |
| Operating Income | 1.2B | 1.2B | 229M |
| Operating Margin | 20.4% | 20.4% | 5.5% |
| ROE | 32.9% | 38.1% | 8.0% |
| Shares Outstanding | 78M | 78M | 80M |
| Metric | 2020 | 2021 | TTM |
|---|---|---|---|
| Income Statement | |||
| Revenue | 4.2B | 6.0B | 6.0B |
| Gross Margin | 10.2% | 24.2% | 24.2% |
| R&D | N/A | N/A | N/A |
| SG&A | -194M | -225M | -225M |
| EBIT | 229M | 1.2B | 1.2B |
| Op. Margin | 5.5% | 20.4% | 20.4% |
| Net Income | 201M | 1.1B | 1.1B |
| Net Margin | 4.8% | 19.0% | 19.0% |
| Non-Recurring | 0 | 0 | 0 |
| Returns on Capital | |||
| ROIC | 6.0% | 26.3% | 40.0% |
| ROE | 8.0% | 38.1% | 32.9% |
| ROA | 4.4% | 19.8% | 16.4% |
| Cash Flow | |||
| Op. Cash Flow | 348M | 649M | 649M |
| Free Cash Flow | 223M | 470M | 470M |
| Owner Earnings | 183M | 479M | 479M |
| CapEx | 125M | 179M | 179M |
| Maint. CapEx | 165M | 170M | 170M |
| Growth CapEx | 0 | 9.4M | 9.4M |
| D&A | 165M | 170M | 170M |
| CapEx/OCF | 36.0% | 27.6% | 27.6% |
| Capital Allocation | |||
| Dividends Paid | 161M | 165M | 165M |
| Dividend Yield | 6.8% | 4.1% | 5.3% |
| Share Buybacks | 0 | 124M | 124M |
| Buyback Yield | 0.0% | 3.1% | 4.0% |
| Stock-Based Comp | N/A | N/A | N/A |
| Debt Repayment | 0 | 0 | 0 |
| Balance Sheet | |||
| Net Debt | 371M | 686M | -618M |
| Cash & Equiv. | 411M | 618M | 618M |
| Long-Term Debt | N/A | N/A | N/A |
| Debt/Equity | 0.31 | 0.38 | 0.00 |
| Interest Coverage | N/A | N/A | N/A |
| Equity | 2.5B | 3.5B | 3.5B |
| Total Assets | 4.6B | 7.0B | 7.0B |
| Total Liabilities | 2.0B | 3.5B | 3.5B |
| Intangibles | N/A | N/A | N/A |
| Retained Earnings | 1.6B | 2.7B | 2.7B |
| Working Capital | 867M | 2.0B | 2.0B |
| Current Assets | 2.1B | 4.1B | 4.1B |
| Current Liabilities | 1.2B | 2.2B | 2.2B |
| Per Share Data | |||
| EPS | 2.51 | 14.35 | 14.35 |
| Owner EPS | 2.29 | 6.15 | 6.15 |
| Book Value | 31.62 | 44.61 | 44.61 |
| Cash Flow/Share | 4.36 | 8.33 | 16.84 |
| Dividends/Share | 2.01 | 2.12 | 2.12 |
| Shares Out. | 79.9M | 77.9M | 77.9M |
| Valuation | |||
| P/E Ratio | 16.9 | 3.6 | 2.8 |
| P/FCF | 15.3 | 8.6 | 6.6 |
| EV/EBIT | 16.5 | 3.8 | 2.0 |
| Price/Book | 1.3 | 1.2 | 0.9 |
| Price/Sales | 0.8 | 0.7 | 0.5 |
| FCF Yield | 6.6% | 11.7% | 15.0% |
| Market Cap | 3.4B | 4.0B | 3.1B |
| Avg. Price | 29.54 | 52.01 | 40.08 |
| Year-End Price | 42.56 | 51.55 | 40.08 |
APERAM passes 6 of 9 quality checks, suggesting mixed fundamentals.
APERAM trades at 2.8x trailing earnings, compared to its 15-year median P/E of 10.3x, suggesting it is currently Cheap relative to its historical range. On a free-cash-flow basis, the stock trades at 6.6x vs a median of 11.9x. The company's 5-year average ROIC is 16.1% with a gross margin of 17.2%. Total shareholder yield (dividends + buybacks) is 9.3%. At current prices, the estimated annualized return to fair value is +16.3%.
APERAM (APAM-AS) has a current P/E ratio of 2.8, compared to its historical median P/E of 10.3. The stock is currently considered Cheap based on its historical valuation range.
APERAM (APAM-AS) has a 5-year average return on invested capital (ROIC) of 16.1%. This indicates strong capital allocation and a potential competitive advantage.
APERAM (APAM-AS) has a market capitalization of $3.1B. It is classified as a mid-cap stock.
Yes, APERAM (APAM-AS) pays a dividend with a trailing twelve-month yield of 5.29%. The company also returns capital through share buybacks, with a buyback yield of 3.97%.
Based on historical P/E analysis, APERAM (APAM-AS) appears cheap. The current P/E of 2.8 is 73% below its historical median of 10.3. The estimated fair value CAGR (P/E method) is 40.3%.
APERAM (APAM-AS) operates in the Steel industry, within the Basic Materials sector.
APERAM (APAM-AS) reported annual revenue of $6.0 billion in its most recent fiscal year, based on SEC EDGAR filings.
APERAM (APAM-AS) has a net profit margin of 19.0%. This is a healthy margin.
APERAM (APAM-AS) generated $470 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
APERAM (APAM-AS) has a debt-to-equity ratio of 0.38. This indicates a conservatively financed balance sheet.
APERAM (APAM-AS) reported earnings per share (EPS) of $14.35 in its most recent fiscal year.
APERAM (APAM-AS) has a return on equity (ROE) of 38.1%. This indicates the company generates strong returns for shareholders.
APERAM (APAM-AS) has a 5-year average gross margin of 17.2%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 2 years of financial data for APERAM (APAM-AS), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
APERAM (APAM-AS) has a book value per share of $44.61, based on its most recent annual SEC filing.