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1 Comment
Acerinox, S.A is currently in a long term uptrend where the price is trading 6.4% above its 200 day moving average.
From a valuation standpoint, the stock is 99.8% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.6.
Acerinox, S.A's total revenue rose by 38.1% to $1B since the same quarter in the previous year.
Its net income has increased by 106.4% to $18M since the same quarter in the previous year.
Finally, its free cash flow grew by 146.1% to $234M since the same quarter in the previous year.
Based on the above factors, Acerinox, S.A gets an overall score of 5/5.
| Sector | Basic Materials |
|---|---|
| Industry | Steel |
| Exchange | F |
| CurrencyCode | EUR |
| ISIN | ES0132105018 |
| Beta | 1.01 |
|---|---|
| Market Cap | 3B |
| PE Ratio | None |
| Target Price | None |
| Dividend Yield | 5.0% |
Acerinox, S.A., together with its subsidiaries, manufactures and distributes stainless steel and high-performance alloys in Spain, the United States, Africa, Asia, rest of Europe, and internationally. It operates through Stainless Steel and High-Performance Alloys segments. The company offers flat products, including slab, billet, black coil, plate, engraved coil/sheet, cold rolled coil and sheet, hot rolled coil and sheet, and circles; and stainless steel grades comprising austenitic, ferritic, duplex, and martensitic, as well as wire stainless steels for welding. It also provides long stainless steel products, such as wire, colour coated wire, reinforcement wire, wire rod, hexagonal wire rod, bar, hot rolled and cold rolled reinforcement bar, peeled bar, black bar, profiles, hot rolled reinforcement coil, and angles. In addition, the company offers high performance alloys, including nickel and nickel alloys, cobalt alloys, zirconium, special stainless steels, aluminum and copper, powder for 3D printing, and welding consumables. Its products are used for transport, industrial equipment and engineering, construction and infrastructure, food industry, household appliances and kitchenware, and energy and environmental technology applications. Acerinox, S.A. was incorporated in 1970 and is headquartered in Madrid, Spain.
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