View Financial HealthERAMET 配当と自社株買い配当金 基準チェック /06ERAMET現在配当金を支払っていません。主要情報0%配当利回り0.5%バイバック利回り総株主利回り0.5%将来の配当利回り2.8%配当成長2.5%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向0%最近の配当と自社株買いの更新お知らせ • Oct 09ERAMET S.A. (ENXTPA:ERA) commences an Equity Buyback Plan for 10% of its issued share capital, under the authorization approved on May 26, 2025.ERAMET S.A. (ENXTPA:ERA) commences share repurchases on October 1, 2025, under the program mandated by the shareholders in the Annual General Meeting held on May 26, 2025. As per the mandate, the company is authorized to repurchase up to 10% of its issued share capital. The shares will be repurchased at a maximum purchase price of €200 per share. The purpose of the program is to support the market share price, to delivery the shares upon the exercise of rights attached to securities giving access to the share capital by redemption, conversion, exchange or otherwise, to implement any share purchase option plan, allocate bonus shares, allocate or transferred to the employees as their share in the profits of the business or for the purpose of implementing any employee savings plan and to cancel the repurchased shares. The share repurchase program will end at the General Meeting to approve the financial statements for 2025.お知らせ • Apr 08ERAMET S.A. announces Annual dividend, payable on June 04, 2025ERAMET S.A. announced Annual dividend of EUR 1.5000 per share payable on June 04, 2025, ex-date on June 02, 2025 and record date on June 03, 2025.お知らせ • May 31+ 1 more updateERAMET S.A. Approves Dividend Distribution for the Fiscal Year 2023, Payable on June 6, 2024ERAMET S.A. at its Ordinary and Extraordinary General Meeting held on May 30, 2024, approved the distribution of a dividend of €1.50 per share for the 2023 fiscal year. The ex-dividend date will be on June 4, 2024 and payment will start from June 6, 2024.Upcoming Dividend • May 28Upcoming dividend of €1.50 per shareEligible shareholders must have bought the stock before 04 June 2024. Payment date: 06 June 2024. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.6%).お知らせ • May 24+ 1 more updateERAMET S.A. Approves the Distribution in Respect of the 2022 Financial Year, Payable on 30 May 2023ERAMET S.A. approved the distribution of a €3.50 dividend per share in respect of the 2022 financial year. The ex-dividend date will be on 26 May 2023 and payment as of 30 May 2023.Upcoming Dividend • May 19Upcoming dividend of €3.50 per share at 3.8% yieldEligible shareholders must have bought the stock before 26 May 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.9%).すべての更新を表示Recent updatesお知らせ • Apr 26Eramet S.A. Provides Its Production Guidance for the Year 2026ERAMET S.A. provided its production guidance for the year 2026. For the period, the company expects manganese ore Transported volumes between 6.4 to 6.8 Mt; Nickel ore: Limited to 9 Mwmt on the basis of the initial 12 Mwmt RKAB, with a request for an upward revision currently being submitted; Lithium carbonate: 17 - 20 kt-LCE.お知らせ • Apr 21ERAMET S.A., Annual General Meeting, May 27, 2026ERAMET S.A., Annual General Meeting, May 27, 2026. Location: 10 boulevard de grenelle, paris Franceお知らせ • Apr 11ERAMET S.A. to Report First Half, 2026 Results on Jul 29, 2026ERAMET S.A. announced that they will report first half, 2026 results on Jul 29, 2026お知らせ • Feb 26Eramet Group Announces the Fire At the Extraction Unit of the Eramet Grande Cote Site in SenegalEramet announced that on February 22, at around 3:00 p.m., a fire broke out at the extraction plant of the Eramet Grande Cote site, a subsidiary of the Eramet Group in Senegal specializing in the mining of mineral sands. The facility, which had been shut down for several days for scheduled maintenance operations, was immediately evacuated and secured. No casualty or injuries have been reported. The fire was brought under control at around 8:00 p.m. Investigations are underway to determine its causes and assess its impact on the site's operations. As soon as the fire started at the WCP (Wet Concentration Plant) extraction facility, territorial and administrative authorities were informed, and a dedicated system was activated to ensure regular and transparent communication with neighboring communities regarding developments. The immediate intervention of Eramet Grande Cote's internal emergency response teams (ERT - Emergency Response Team), mobilized without delay in coordination with firefighters from nearby localities, made it possible to contain the situation and extinguish the fire. The teams then carried out cooling operations on the facilities while continuing to secure the affected perimeter. The safety of employees, contractors, and surrounding communities remains the absolute priority of the Eramet Group and its subsidiary Eramet Grande Cote. An investigation is ongoing to determine the causes of the fire, verify the overall condition of the plant, and assess the impact of the event on the site's operations. Initial findings indicate that the fire was contained upstream of the WCP and that the spiral concentrators used for mineral sands separation were not affected. The Eramet Group will provide further updates as soon as additional information becomes available.お知らせ • Feb 02Eramet Announces CEO Changes, Effective from February 1, 2025The Board of Directors of Eramet, meeting on February 1st, has decided to terminate the mandate of Mr. Paulo Castellari as Chief Executive Officer, due to divergences on operating methods. The termination of his mandate as Chief Executive Officer takes effect this evening. The Board of Directors has appointed its Chairwoman, Ms. Christel Bories, as Chief Executive Officer of the Group on an interim basis, pending the completion of a process to select a new Chief Executive Officer. Upon the appointment of the new CEO, the roles of Chair and Chief Executive Officer will once again be separated. The Board of Directors thanks Paulo Castellari for his efforts and reaffirms its support for the teams, who remain strongly committed to improving safety, operational performance and cost-reduction efforts. These priorities continue to be key in a challenging environment. Eramet operates a portfolio of world-class assets, particularly well positioned to support the energy transition. The successful ramp-up of the lithium site in Argentina provides the Group with a new pillar of growth and performance.お知らせ • Oct 30+ 1 more updateERAMET S.A. to Report Fiscal Year 2025 Results on Feb 18, 2026ERAMET S.A. announced that they will report fiscal year 2025 results on Feb 18, 2026お知らせ • Oct 09ERAMET S.A. (ENXTPA:ERA) commences an Equity Buyback Plan for 10% of its issued share capital, under the authorization approved on May 26, 2025.ERAMET S.A. (ENXTPA:ERA) commences share repurchases on October 1, 2025, under the program mandated by the shareholders in the Annual General Meeting held on May 26, 2025. As per the mandate, the company is authorized to repurchase up to 10% of its issued share capital. The shares will be repurchased at a maximum purchase price of €200 per share. The purpose of the program is to support the market share price, to delivery the shares upon the exercise of rights attached to securities giving access to the share capital by redemption, conversion, exchange or otherwise, to implement any share purchase option plan, allocate bonus shares, allocate or transferred to the employees as their share in the profits of the business or for the purpose of implementing any employee savings plan and to cancel the repurchased shares. The share repurchase program will end at the General Meeting to approve the financial statements for 2025.お知らせ • Sep 04+ 1 more updateEramet S.A. Announces CFO ChangesERAMET S.A. announced the appointment of Abel Martins-Alexandre as Chief Financial Officer of the Group, effective September 15, 2025. He will also have responsibility for the Eramet’s Information Systems and Procurement functions. Abel succeeds Nicolas Carré, who has announced his decision to step down from his role, to pursue a new professional opportunity outside the Group. With an extensive international career across corporate and banking with a proven track record in delivering on strategic initiatives, corporate finance and capital markets, strategic risk management and enhancing financial performance, Abel Martins-Alexandre joins Eramet with over 25 years of experience in finance and in the natural resources sector. Abel was most recently Managing Director & Head of Infrastructure, Energy and Industrials at Lloyds Corporate & Institutional Bank. Before Lloyds, he had a 15-year career at Rio Tinto in a range of strategy, commercial, business development and finance roles until becoming the Group Treasurer, with notably global responsibility for treasury operations, corporate finance and capital planning, as well as structured and project financing, pensions and insurance. He also led a number of projects related to cost efficiency, working capital improvement, streamlining of finance processes, and M&A and project finance transactions. Having lived in Latin America, Southern Africa, South-East Asia and Europe, and worked globally, Abel is a dual French and Portuguese citizen, graduated from London Business School, Université Paris Dauphine and Toulouse Business School.お知らせ • Apr 19ERAMET S.A., Annual General Meeting, May 26, 2025ERAMET S.A., Annual General Meeting, May 26, 2025. Location: 10 boulevard de grenelle, paris Franceお知らせ • Apr 08ERAMET S.A. announces Annual dividend, payable on June 04, 2025ERAMET S.A. announced Annual dividend of EUR 1.5000 per share payable on June 04, 2025, ex-date on June 02, 2025 and record date on June 03, 2025.お知らせ • Apr 04ERAMET S.A. to Report Q2, 2025 Results on Jul 30, 2025ERAMET S.A. announced that they will report Q2, 2025 results on Jul 30, 2025お知らせ • Feb 27Eramet Launches eraLow, its Low-CO2 Manganese Alloy BrandEramet introduced eraLow, its new brand for low-CO2 manganese alloys. This brand sets a new standard for manganese alloys with a low CO2 footprint, thus offering steelmakers a quick-win solution to accelerate the decarbonization of their products. With eraLow, Eramet offers the hard-to-abate steel industry some of the most sustainable manganese alloys available on the global market: Already, one of the lowest CO2 footprints on the market: eraLow products are guaranteed below 1.9t CO2 /t of alloy for scope 1 and 2 emissions, outperforming significantly the manganese alloys global industry average of 3.9t CO2 /t of alloy (CRU study based on 2023 data). These exceptional results are due to the use of carbon-free electricity in Norway and France, combined with cutting-edge production processes. A verified carbon intensity: eraLow comes with a carbon intensity assurance statement verified by DNV, an internationally recognized third party. Transparency along the entire value chain with eraTrace: eraLow products are traced through eraTrace, Eramet's unique traceability service using blockchain technology and offering a digital passport for each delivery order. For each order of eraLow products, eraTrace provides Eramet customers with transparent data about the production process (e.g. raw material used, suppliers' origin.), a CO2 emissions calculator on aadle-to-gate scope as well as a full visibility on CSR KPIs of production sites. A production process meeting the highest ESG standards of the industry: while Eramet smelters are ISO certified for Energy (ISO50001) and Environmental Management Systems (ISO14001), the overall corporate sustainability performance of the Eramet Group has been rated Silver by Ecovadis, A- for Climate and B for Water Security by CDP. A first step towards producing zero CO2 manganese alloys: Eramet's ultimate ambition is to provide its steel industry customers with zero CO2 emission manganese alloy products in support of their own decarbonization missions. Amongst other initiatives, Eramet is currently constructing a first-of-its-kind pilot plant at its Sauda smelter in Norway to test innovative technologies that could enable the future capture and storage of CO2 gases emitted from the furnaces. The Group is also trialing the usage of bio-reductants in its furnaces as a potential partial replacement of coke.お知らせ • Feb 14Eramet Announces Chief Executive Officer ChangesEramet announced following the prior announcement on the evolution of Eramet governance on January 21, 2025, the Board of Directors has appointed Paulo Castellari as Eramet's next Chief Executive Officer. He will succeed Christel Bories in her executive functions at the end of her current term, after the Shareholder’s General Meeting on May 27, 2025. Christel Bories will remain Chairwoman of the Group. Born in 1970, a dual Brazilian and Italian citizen, Paulo Castellari has over 30 years' experience in mining and metals as well as in the fertilizers and energy industries. During his international career in South and North America, Europe and Africa, he has held senior leadership positions in different mining companies, with a strong focus on operations, finance and complex projects management. From 2003 to 2015, at Anglo American, Paulo Castellari served successively as Director, Marketing & Business Development in Brazil, Head of the Group’s Centre of Excellence, CEO, Phosphates and Niobium businesses in Brazil, then as CEO, Iron Ore Brazil, where he oversaw the execution of the Minas-Rio iron ore project, one of the world’s most complex mining and infrastructure projects. In 2016, he was appointed Deputy CEO and Chief Financial Officer of CEMIG, before joining EGA as CEO of Guinea Alumina Corporation. Since 2019, Paulo Castellari has been CEO of the Brazilian branch of Appian Capital Advisory. In his early career, he also worked for AngloGold Ashanti and Minorco. Having graduated from the Escola de Administração de Empresas de São Paulo /FGV, Paulo Castellari also holds an MBA from London Business School.Buy Or Sell Opportunity • Nov 16Now 21% overvaluedOver the last 90 days, the stock has fallen 27% to €52.55. The fair value is estimated to be €43.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.3% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Oct 24ERAMET S.A. (ENXTPA:ERA) acquired 49.90% stake in Eramine Sud America S.A. from Tsingshan Holding Group Co., Ltd. for approximately $700 million.ERAMET S.A. (ENXTPA:ERA) acquired 49.90% stake in Eramine Sud America S.A. from Tsingshan Holding Group Co., Ltd. for approximately $700 million on October 24, 2024. Transaction completed using Group’s available liquidity, with an impact of $699 million on the Group’s net debt. ERAMET S.A. (ENXTPA:ERA) completed the acquisition of 49.90% stake in Eramine Sud America S.A. from Tsingshan Holding Group Co., Ltd. on October 24, 2024.お知らせ • Oct 16ERAMET S.A. to Report Fiscal Year 2024 Results on Feb 19, 2025ERAMET S.A. announced that they will report fiscal year 2024 results on Feb 19, 2025Reported Earnings • Jul 28First half 2024 earnings released: €1.44 loss per share (vs €2.95 profit in 1H 2023)First half 2024 results: €1.44 loss per share (down from €2.95 profit in 1H 2023). Revenue: €1.49b (down 8.5% from 1H 2023). Net loss: €41.0m (down 149% from profit in 1H 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.お知らせ • May 31+ 1 more updateERAMET S.A. Approves Dividend Distribution for the Fiscal Year 2023, Payable on June 6, 2024ERAMET S.A. at its Ordinary and Extraordinary General Meeting held on May 30, 2024, approved the distribution of a dividend of €1.50 per share for the 2023 fiscal year. The ex-dividend date will be on June 4, 2024 and payment will start from June 6, 2024.Upcoming Dividend • May 28Upcoming dividend of €1.50 per shareEligible shareholders must have bought the stock before 04 June 2024. Payment date: 06 June 2024. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.6%).Valuation Update With 7 Day Price Move • Apr 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €89.20, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €38.24 per share.Reported Earnings • Feb 25Full year 2023 earnings released: EPS: €3.59 (vs €31.25 in FY 2022)Full year 2023 results: EPS: €3.59 (down from €31.25 in FY 2022). Revenue: €3.34b (down 35% from FY 2022). Net income: €103.0m (down 89% from FY 2022). Profit margin: 3.1% (down from 18% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 1% per year.お知らせ • Feb 22ERAMET S.A., Annual General Meeting, May 30, 2024ERAMET S.A., Annual General Meeting, May 30, 2024.Buy Or Sell Opportunity • Feb 08Now 22% overvaluedOver the last 90 days, the stock has fallen 7.6% to €62.80. The fair value is estimated to be €51.47, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.4% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.お知らせ • Jan 30ERAMET S.A. Announces Executive ChangesERAMET S.A. announced Charles Nouel, currently Director of the Mineral Sands Business Unit, has been appointed Chief Operating Officer of the Eramet Group. In this capacity, he will become a member of the Executive Committee. This appointment will take effect on April 1, 2024. He will succeed Kléber Silva, who has decided to leave the Group to pursue another professional opportunity. Charles Nouel has over 30 years' experience in the mining industry, including 24 years with Eramet. His international career in Europe, Africa and Oceania has enabled him to develop solid technical and managerial skills in all aspects of mining and metallurgy: geology, mining engineering, operations, industrial projects, mineral processing and metallurgy, ore purchasing and sales, operational management and business unit leadership. Since 2016, he was Director of the Mineral Sands Business Unit, the world's 4th largest producer of Zircon and titanium products. Born in 1967, Charles Nouel is a graduate of the Ecole Nationale Supérieure de Géologie de Nancy (1991). He began his career as a Geostatistical Geologist for Cogema in Australia, before working as a Geologist and then Director of the Mines d'Or de Salsigne open-pit mine in France (1993), then as Senior Mining Engineer for Mining & Resource Technology in Australia (1998). In 2000, he joined Eramet as Project Manager for the Tiébaghi mine in New Caledonia, before moving on to various management positions within the Nickel Business Unit, where he became Deputy Director of Industrial Affairs in 2009. Ore Market Director for the Manganese Division in 2010, he took over as Director of the Mineral Sands Business Unit in 2016, while serving as the Group's Chief Technical Officer from 2020 to 2022.お知らせ • Oct 27+ 1 more updateERAMET S.A. to Report Fiscal Year 2023 Results on Feb 21, 2024ERAMET S.A. announced that they will report fiscal year 2023 results on Feb 21, 2024お知らせ • Sep 22INEOS Enterprises Group Limited completed the acquisition of TiZir Titanium & Iron A/S from ERAMET S.A. (ENXTPA:ERA).INEOS Enterprises Group Limited made an offer to acquire TiZir Titanium & Iron A/S from ERAMET S.A. (ENXTPA:ERA) for an enterprise value of approximately $250 million on July 25, 2023. INEOS Enterprises Group Limited completed the acquisition of TiZir Titanium & Iron A/S from ERAMET S.A. (ENXTPA:ERA) on September 21, 2023. The transaction got approved by regulatory authorities.Reported Earnings • Jul 28First half 2023 earnings released: EPS: €2.95 (vs €23.99 in 1H 2022)First half 2023 results: EPS: €2.95 (down from €23.99 in 1H 2022). Revenue: €1.60b (down 39% from 1H 2022). Net income: €84.0m (down 88% from 1H 2022). Profit margin: 5.2% (down from 26% in 1H 2022). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 26An unknown buyer made an offer to acquire TiZir Titanium & Iron A/S from ERAMET S.A. (ENXTPA:ERA) for an enterprise value of approximately $250 million.An unknown buyer made an offer to acquire TiZir Titanium & Iron A/S from ERAMET S.A. (ENXTPA:ERA) for an enterprise value of approximately $250 million on July 25, 2023.お知らせ • May 24+ 1 more updateERAMET S.A. Approves the Distribution in Respect of the 2022 Financial Year, Payable on 30 May 2023ERAMET S.A. approved the distribution of a €3.50 dividend per share in respect of the 2022 financial year. The ex-dividend date will be on 26 May 2023 and payment as of 30 May 2023.Upcoming Dividend • May 19Upcoming dividend of €3.50 per share at 3.8% yieldEligible shareholders must have bought the stock before 26 May 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.9%).Reported Earnings • Apr 24Full year 2022 earnings released: EPS: €31.25 (vs €25.34 in FY 2021)Full year 2022 results: EPS: €31.25 (up from €25.34 in FY 2021). Revenue: €5.10b (up 38% from FY 2021). Net income: €896.0m (up 24% from FY 2021). Profit margin: 18% (down from 20% in FY 2021). Production and reserves: Nickel Production: 55,064 t (54,093 t in FY 2021) Proved and probable reserves (ore): 624.9 Mt (396.9 Mt in FY 2021) Number of mines: 2 (2 in FY 2021) Titanium Production: 94,000 t (0.105 Mt in FY 2021) Manganese Production: 7.539 Mt (7.024 Mt in FY 2021) Proved and probable reserves (ore): 225 Mt (225 Mt in FY 2021) Number of mines: 1 (1 in FY 2021) Revenue is forecast to stay flat during the next 3 years compared to a 1.3% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €113, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 302% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €172 per share.Reported Earnings • Feb 24Full year 2022 earnings released: EPS: €31.25 (vs €25.34 in FY 2021)Full year 2022 results: EPS: €31.25 (up from €25.34 in FY 2021). Revenue: €5.01b (up 35% from FY 2021). Net income: €896.0m (up 24% from FY 2021). Profit margin: 18% (down from 20% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 1.5% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €105, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 160% over the past three years.お知らせ • Oct 27+ 1 more updateERAMET S.A. to Report Q1, 2023 Results on Apr 27, 2023ERAMET S.A. announced that they will report Q1, 2023 results on Apr 27, 2023Reported Earnings • Jul 28First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €53.0m from profit in 1H 2021). Profit margin: (down from 2.8% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 1.7%, compared to a 26% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 14Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to €110, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 100% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €177 per share.Upcoming Dividend • May 27Upcoming dividend of €2.50 per shareEligible shareholders must have bought the stock before 03 June 2022. Payment date: 07 June 2022. Payout ratio is a comfortable 9.9% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (7.5%).Reported Earnings • Apr 09Full year 2021 earnings released: EPS: €25.34 (vs €6.00 loss in FY 2020)Full year 2021 results: EPS: €25.34 (up from €6.00 loss in FY 2020). Revenue: €3.71b (up 32% from FY 2020). Net income: €724.0m (up €883.0m from FY 2020). Profit margin: 20% (up from net loss in FY 2020). Production and reserves: Nickel Production: 54,093 t (56,895 t in FY 2020) Proved and probable reserves (ore): 396.9 Mt (275 Mt in FY 2020) Number of mines: 2 (1 in FY 2020) Titanium Production: 0.105 Mt (99,500 t in FY 2020) Manganese Production: 7.024 Mt (5.803 Mt in FY 2020) Proved and probable reserves (ore): 225 Mt (198 Mt in FY 2020) Number of mines: 1 (3 in FY 2020) Over the next year, revenue is forecast to grow 29%, compared to a 35% growth forecast for the mining industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 10Investor sentiment improved over the past weekAfter last week's 17% share price gain to €136, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 171% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €105 per share.Reported Earnings • Feb 26Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: €25.32 (up from €25.47 loss in FY 2020). Revenue: €3.67b (up 2.2% from FY 2020). Net income: €724.0m (up €1.40b from FY 2020). Profit margin: 20% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Revenue missed analyst estimates by 16%. Over the next year, revenue is forecast to grow 25%, compared to a 12% growth forecast for the mining industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Jan 25Now 20% undervaluedOver the last 90 days, the stock is up 20%. The fair value is estimated to be €109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. The company has become profitable over the last year.Reported Earnings • Aug 03First half 2021 earnings released: EPS €1.98 (vs €23.48 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €1.88b (up 12% from 1H 2020). Net income: €53.0m (up €676.0m from 1H 2020). Profit margin: 2.8% (up from net loss in 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.Executive Departure • Jun 04Director Michel Antseleve has left the companyOn the 29th of May, Michel Antseleve's tenure as Director ended after 8.0 years in the role. As of March 2021, Michel still personally held only 100.00 shares (€6.0k worth at the time). Michel is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.04 years.Analyst Estimate Surprise Post Earnings • Feb 20Revenue beats expectationsRevenue exceeded analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 15%, compared to a 20% growth forecast for the Metals and Mining industry in Germany.Reported Earnings • Feb 18Full year 2020 earnings released: €25.46 loss per share (vs €6.94 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: €3.55b (down 3.5% from FY 2019). Net loss: €675.0m (loss widened 267% from FY 2019). Production and reserves: Nickel Production: 8.814 Mt (47,400 t in FY 2019) Titanium Production: 0.199 Mt (94,500 t in FY 2019) Manganese Production: 5.803 Mt (4.8 Mt in FY 2019) Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.お知らせ • Feb 17+ 1 more updateERAMET S.A., Annual General Meeting, May 28, 2021ERAMET S.A., Annual General Meeting, May 28, 2021. Agenda: To consider the financial statements for the 2020 financial year; and to consider a proposal not to pay out any dividend in respect of the 2020 financial year.Is New 90 Day High Low • Feb 10New 90-day high: €49.16The company is up 67% from its price of €29.45 on 11 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 56% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.79 per share.Is New 90 Day High Low • Jan 05New 90-day high: €45.26The company is up 115% from its price of €21.09 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 42% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.08 per share.Is New 90 Day High Low • Dec 07New 90-day high: €40.56The company is up 47% from its price of €27.61 on 08 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.85 per share.Is New 90 Day High Low • Nov 11New 90-day high: €29.98The company is up 8.0% from its price of €27.71 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.92 per share.お知らせ • Oct 16+ 1 more updateERAMET S.A. Announces Board ChangesERAMET S.A. at the board meeting held on 15 October 2020 co-opted as Director on the proposal of the STCPI (Société Territoriale Calédonienne de Participations Industrielles), M. Jean Philippe Vollmer in replacement of Ms. Sonia Backès, who resigned on 26 May 2020.お知らせ • Aug 02Eramet Suspends Earnings Guidance for the Year 2020ERAMET announced that, in light of this uncertainty, Eramet continues to suspend its guidance for 2020 consolidated EBITDA, regardless of the announced forecasts for manganese ore production and nickel ore exports.決済の安定と成長配当データの取得安定した配当: ER7の 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: ER7の配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場ERAMET 配当利回り対市場ER7 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (ER7)0%市場下位25% (DE)1.5%市場トップ25% (DE)4.5%業界平均 (Metals and Mining)1.4%アナリスト予想 (ER7) (最長3年)2.8%注目すべき配当: ER7は最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: ER7は最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: ER7 German市場において目立った配当金を支払っていません。株主配当金キャッシュフローカバレッジ: ER7が配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YDE 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/20 12:42終値2026/05/20 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋ERAMET S.A. 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。14 アナリスト機関Mourad LahmidiBNP ParibasAlan SpenceBNP ParibasPavel KirjanovsBofA Global Research11 その他のアナリストを表示
お知らせ • Oct 09ERAMET S.A. (ENXTPA:ERA) commences an Equity Buyback Plan for 10% of its issued share capital, under the authorization approved on May 26, 2025.ERAMET S.A. (ENXTPA:ERA) commences share repurchases on October 1, 2025, under the program mandated by the shareholders in the Annual General Meeting held on May 26, 2025. As per the mandate, the company is authorized to repurchase up to 10% of its issued share capital. The shares will be repurchased at a maximum purchase price of €200 per share. The purpose of the program is to support the market share price, to delivery the shares upon the exercise of rights attached to securities giving access to the share capital by redemption, conversion, exchange or otherwise, to implement any share purchase option plan, allocate bonus shares, allocate or transferred to the employees as their share in the profits of the business or for the purpose of implementing any employee savings plan and to cancel the repurchased shares. The share repurchase program will end at the General Meeting to approve the financial statements for 2025.
お知らせ • Apr 08ERAMET S.A. announces Annual dividend, payable on June 04, 2025ERAMET S.A. announced Annual dividend of EUR 1.5000 per share payable on June 04, 2025, ex-date on June 02, 2025 and record date on June 03, 2025.
お知らせ • May 31+ 1 more updateERAMET S.A. Approves Dividend Distribution for the Fiscal Year 2023, Payable on June 6, 2024ERAMET S.A. at its Ordinary and Extraordinary General Meeting held on May 30, 2024, approved the distribution of a dividend of €1.50 per share for the 2023 fiscal year. The ex-dividend date will be on June 4, 2024 and payment will start from June 6, 2024.
Upcoming Dividend • May 28Upcoming dividend of €1.50 per shareEligible shareholders must have bought the stock before 04 June 2024. Payment date: 06 June 2024. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.6%).
お知らせ • May 24+ 1 more updateERAMET S.A. Approves the Distribution in Respect of the 2022 Financial Year, Payable on 30 May 2023ERAMET S.A. approved the distribution of a €3.50 dividend per share in respect of the 2022 financial year. The ex-dividend date will be on 26 May 2023 and payment as of 30 May 2023.
Upcoming Dividend • May 19Upcoming dividend of €3.50 per share at 3.8% yieldEligible shareholders must have bought the stock before 26 May 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.9%).
お知らせ • Apr 26Eramet S.A. Provides Its Production Guidance for the Year 2026ERAMET S.A. provided its production guidance for the year 2026. For the period, the company expects manganese ore Transported volumes between 6.4 to 6.8 Mt; Nickel ore: Limited to 9 Mwmt on the basis of the initial 12 Mwmt RKAB, with a request for an upward revision currently being submitted; Lithium carbonate: 17 - 20 kt-LCE.
お知らせ • Apr 21ERAMET S.A., Annual General Meeting, May 27, 2026ERAMET S.A., Annual General Meeting, May 27, 2026. Location: 10 boulevard de grenelle, paris France
お知らせ • Apr 11ERAMET S.A. to Report First Half, 2026 Results on Jul 29, 2026ERAMET S.A. announced that they will report first half, 2026 results on Jul 29, 2026
お知らせ • Feb 26Eramet Group Announces the Fire At the Extraction Unit of the Eramet Grande Cote Site in SenegalEramet announced that on February 22, at around 3:00 p.m., a fire broke out at the extraction plant of the Eramet Grande Cote site, a subsidiary of the Eramet Group in Senegal specializing in the mining of mineral sands. The facility, which had been shut down for several days for scheduled maintenance operations, was immediately evacuated and secured. No casualty or injuries have been reported. The fire was brought under control at around 8:00 p.m. Investigations are underway to determine its causes and assess its impact on the site's operations. As soon as the fire started at the WCP (Wet Concentration Plant) extraction facility, territorial and administrative authorities were informed, and a dedicated system was activated to ensure regular and transparent communication with neighboring communities regarding developments. The immediate intervention of Eramet Grande Cote's internal emergency response teams (ERT - Emergency Response Team), mobilized without delay in coordination with firefighters from nearby localities, made it possible to contain the situation and extinguish the fire. The teams then carried out cooling operations on the facilities while continuing to secure the affected perimeter. The safety of employees, contractors, and surrounding communities remains the absolute priority of the Eramet Group and its subsidiary Eramet Grande Cote. An investigation is ongoing to determine the causes of the fire, verify the overall condition of the plant, and assess the impact of the event on the site's operations. Initial findings indicate that the fire was contained upstream of the WCP and that the spiral concentrators used for mineral sands separation were not affected. The Eramet Group will provide further updates as soon as additional information becomes available.
お知らせ • Feb 02Eramet Announces CEO Changes, Effective from February 1, 2025The Board of Directors of Eramet, meeting on February 1st, has decided to terminate the mandate of Mr. Paulo Castellari as Chief Executive Officer, due to divergences on operating methods. The termination of his mandate as Chief Executive Officer takes effect this evening. The Board of Directors has appointed its Chairwoman, Ms. Christel Bories, as Chief Executive Officer of the Group on an interim basis, pending the completion of a process to select a new Chief Executive Officer. Upon the appointment of the new CEO, the roles of Chair and Chief Executive Officer will once again be separated. The Board of Directors thanks Paulo Castellari for his efforts and reaffirms its support for the teams, who remain strongly committed to improving safety, operational performance and cost-reduction efforts. These priorities continue to be key in a challenging environment. Eramet operates a portfolio of world-class assets, particularly well positioned to support the energy transition. The successful ramp-up of the lithium site in Argentina provides the Group with a new pillar of growth and performance.
お知らせ • Oct 30+ 1 more updateERAMET S.A. to Report Fiscal Year 2025 Results on Feb 18, 2026ERAMET S.A. announced that they will report fiscal year 2025 results on Feb 18, 2026
お知らせ • Oct 09ERAMET S.A. (ENXTPA:ERA) commences an Equity Buyback Plan for 10% of its issued share capital, under the authorization approved on May 26, 2025.ERAMET S.A. (ENXTPA:ERA) commences share repurchases on October 1, 2025, under the program mandated by the shareholders in the Annual General Meeting held on May 26, 2025. As per the mandate, the company is authorized to repurchase up to 10% of its issued share capital. The shares will be repurchased at a maximum purchase price of €200 per share. The purpose of the program is to support the market share price, to delivery the shares upon the exercise of rights attached to securities giving access to the share capital by redemption, conversion, exchange or otherwise, to implement any share purchase option plan, allocate bonus shares, allocate or transferred to the employees as their share in the profits of the business or for the purpose of implementing any employee savings plan and to cancel the repurchased shares. The share repurchase program will end at the General Meeting to approve the financial statements for 2025.
お知らせ • Sep 04+ 1 more updateEramet S.A. Announces CFO ChangesERAMET S.A. announced the appointment of Abel Martins-Alexandre as Chief Financial Officer of the Group, effective September 15, 2025. He will also have responsibility for the Eramet’s Information Systems and Procurement functions. Abel succeeds Nicolas Carré, who has announced his decision to step down from his role, to pursue a new professional opportunity outside the Group. With an extensive international career across corporate and banking with a proven track record in delivering on strategic initiatives, corporate finance and capital markets, strategic risk management and enhancing financial performance, Abel Martins-Alexandre joins Eramet with over 25 years of experience in finance and in the natural resources sector. Abel was most recently Managing Director & Head of Infrastructure, Energy and Industrials at Lloyds Corporate & Institutional Bank. Before Lloyds, he had a 15-year career at Rio Tinto in a range of strategy, commercial, business development and finance roles until becoming the Group Treasurer, with notably global responsibility for treasury operations, corporate finance and capital planning, as well as structured and project financing, pensions and insurance. He also led a number of projects related to cost efficiency, working capital improvement, streamlining of finance processes, and M&A and project finance transactions. Having lived in Latin America, Southern Africa, South-East Asia and Europe, and worked globally, Abel is a dual French and Portuguese citizen, graduated from London Business School, Université Paris Dauphine and Toulouse Business School.
お知らせ • Apr 19ERAMET S.A., Annual General Meeting, May 26, 2025ERAMET S.A., Annual General Meeting, May 26, 2025. Location: 10 boulevard de grenelle, paris France
お知らせ • Apr 08ERAMET S.A. announces Annual dividend, payable on June 04, 2025ERAMET S.A. announced Annual dividend of EUR 1.5000 per share payable on June 04, 2025, ex-date on June 02, 2025 and record date on June 03, 2025.
お知らせ • Apr 04ERAMET S.A. to Report Q2, 2025 Results on Jul 30, 2025ERAMET S.A. announced that they will report Q2, 2025 results on Jul 30, 2025
お知らせ • Feb 27Eramet Launches eraLow, its Low-CO2 Manganese Alloy BrandEramet introduced eraLow, its new brand for low-CO2 manganese alloys. This brand sets a new standard for manganese alloys with a low CO2 footprint, thus offering steelmakers a quick-win solution to accelerate the decarbonization of their products. With eraLow, Eramet offers the hard-to-abate steel industry some of the most sustainable manganese alloys available on the global market: Already, one of the lowest CO2 footprints on the market: eraLow products are guaranteed below 1.9t CO2 /t of alloy for scope 1 and 2 emissions, outperforming significantly the manganese alloys global industry average of 3.9t CO2 /t of alloy (CRU study based on 2023 data). These exceptional results are due to the use of carbon-free electricity in Norway and France, combined with cutting-edge production processes. A verified carbon intensity: eraLow comes with a carbon intensity assurance statement verified by DNV, an internationally recognized third party. Transparency along the entire value chain with eraTrace: eraLow products are traced through eraTrace, Eramet's unique traceability service using blockchain technology and offering a digital passport for each delivery order. For each order of eraLow products, eraTrace provides Eramet customers with transparent data about the production process (e.g. raw material used, suppliers' origin.), a CO2 emissions calculator on aadle-to-gate scope as well as a full visibility on CSR KPIs of production sites. A production process meeting the highest ESG standards of the industry: while Eramet smelters are ISO certified for Energy (ISO50001) and Environmental Management Systems (ISO14001), the overall corporate sustainability performance of the Eramet Group has been rated Silver by Ecovadis, A- for Climate and B for Water Security by CDP. A first step towards producing zero CO2 manganese alloys: Eramet's ultimate ambition is to provide its steel industry customers with zero CO2 emission manganese alloy products in support of their own decarbonization missions. Amongst other initiatives, Eramet is currently constructing a first-of-its-kind pilot plant at its Sauda smelter in Norway to test innovative technologies that could enable the future capture and storage of CO2 gases emitted from the furnaces. The Group is also trialing the usage of bio-reductants in its furnaces as a potential partial replacement of coke.
お知らせ • Feb 14Eramet Announces Chief Executive Officer ChangesEramet announced following the prior announcement on the evolution of Eramet governance on January 21, 2025, the Board of Directors has appointed Paulo Castellari as Eramet's next Chief Executive Officer. He will succeed Christel Bories in her executive functions at the end of her current term, after the Shareholder’s General Meeting on May 27, 2025. Christel Bories will remain Chairwoman of the Group. Born in 1970, a dual Brazilian and Italian citizen, Paulo Castellari has over 30 years' experience in mining and metals as well as in the fertilizers and energy industries. During his international career in South and North America, Europe and Africa, he has held senior leadership positions in different mining companies, with a strong focus on operations, finance and complex projects management. From 2003 to 2015, at Anglo American, Paulo Castellari served successively as Director, Marketing & Business Development in Brazil, Head of the Group’s Centre of Excellence, CEO, Phosphates and Niobium businesses in Brazil, then as CEO, Iron Ore Brazil, where he oversaw the execution of the Minas-Rio iron ore project, one of the world’s most complex mining and infrastructure projects. In 2016, he was appointed Deputy CEO and Chief Financial Officer of CEMIG, before joining EGA as CEO of Guinea Alumina Corporation. Since 2019, Paulo Castellari has been CEO of the Brazilian branch of Appian Capital Advisory. In his early career, he also worked for AngloGold Ashanti and Minorco. Having graduated from the Escola de Administração de Empresas de São Paulo /FGV, Paulo Castellari also holds an MBA from London Business School.
Buy Or Sell Opportunity • Nov 16Now 21% overvaluedOver the last 90 days, the stock has fallen 27% to €52.55. The fair value is estimated to be €43.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.3% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Oct 24ERAMET S.A. (ENXTPA:ERA) acquired 49.90% stake in Eramine Sud America S.A. from Tsingshan Holding Group Co., Ltd. for approximately $700 million.ERAMET S.A. (ENXTPA:ERA) acquired 49.90% stake in Eramine Sud America S.A. from Tsingshan Holding Group Co., Ltd. for approximately $700 million on October 24, 2024. Transaction completed using Group’s available liquidity, with an impact of $699 million on the Group’s net debt. ERAMET S.A. (ENXTPA:ERA) completed the acquisition of 49.90% stake in Eramine Sud America S.A. from Tsingshan Holding Group Co., Ltd. on October 24, 2024.
お知らせ • Oct 16ERAMET S.A. to Report Fiscal Year 2024 Results on Feb 19, 2025ERAMET S.A. announced that they will report fiscal year 2024 results on Feb 19, 2025
Reported Earnings • Jul 28First half 2024 earnings released: €1.44 loss per share (vs €2.95 profit in 1H 2023)First half 2024 results: €1.44 loss per share (down from €2.95 profit in 1H 2023). Revenue: €1.49b (down 8.5% from 1H 2023). Net loss: €41.0m (down 149% from profit in 1H 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
お知らせ • May 31+ 1 more updateERAMET S.A. Approves Dividend Distribution for the Fiscal Year 2023, Payable on June 6, 2024ERAMET S.A. at its Ordinary and Extraordinary General Meeting held on May 30, 2024, approved the distribution of a dividend of €1.50 per share for the 2023 fiscal year. The ex-dividend date will be on June 4, 2024 and payment will start from June 6, 2024.
Upcoming Dividend • May 28Upcoming dividend of €1.50 per shareEligible shareholders must have bought the stock before 04 June 2024. Payment date: 06 June 2024. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.6%).
Valuation Update With 7 Day Price Move • Apr 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €89.20, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €38.24 per share.
Reported Earnings • Feb 25Full year 2023 earnings released: EPS: €3.59 (vs €31.25 in FY 2022)Full year 2023 results: EPS: €3.59 (down from €31.25 in FY 2022). Revenue: €3.34b (down 35% from FY 2022). Net income: €103.0m (down 89% from FY 2022). Profit margin: 3.1% (down from 18% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 1% per year.
お知らせ • Feb 22ERAMET S.A., Annual General Meeting, May 30, 2024ERAMET S.A., Annual General Meeting, May 30, 2024.
Buy Or Sell Opportunity • Feb 08Now 22% overvaluedOver the last 90 days, the stock has fallen 7.6% to €62.80. The fair value is estimated to be €51.47, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.4% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.
お知らせ • Jan 30ERAMET S.A. Announces Executive ChangesERAMET S.A. announced Charles Nouel, currently Director of the Mineral Sands Business Unit, has been appointed Chief Operating Officer of the Eramet Group. In this capacity, he will become a member of the Executive Committee. This appointment will take effect on April 1, 2024. He will succeed Kléber Silva, who has decided to leave the Group to pursue another professional opportunity. Charles Nouel has over 30 years' experience in the mining industry, including 24 years with Eramet. His international career in Europe, Africa and Oceania has enabled him to develop solid technical and managerial skills in all aspects of mining and metallurgy: geology, mining engineering, operations, industrial projects, mineral processing and metallurgy, ore purchasing and sales, operational management and business unit leadership. Since 2016, he was Director of the Mineral Sands Business Unit, the world's 4th largest producer of Zircon and titanium products. Born in 1967, Charles Nouel is a graduate of the Ecole Nationale Supérieure de Géologie de Nancy (1991). He began his career as a Geostatistical Geologist for Cogema in Australia, before working as a Geologist and then Director of the Mines d'Or de Salsigne open-pit mine in France (1993), then as Senior Mining Engineer for Mining & Resource Technology in Australia (1998). In 2000, he joined Eramet as Project Manager for the Tiébaghi mine in New Caledonia, before moving on to various management positions within the Nickel Business Unit, where he became Deputy Director of Industrial Affairs in 2009. Ore Market Director for the Manganese Division in 2010, he took over as Director of the Mineral Sands Business Unit in 2016, while serving as the Group's Chief Technical Officer from 2020 to 2022.
お知らせ • Oct 27+ 1 more updateERAMET S.A. to Report Fiscal Year 2023 Results on Feb 21, 2024ERAMET S.A. announced that they will report fiscal year 2023 results on Feb 21, 2024
お知らせ • Sep 22INEOS Enterprises Group Limited completed the acquisition of TiZir Titanium & Iron A/S from ERAMET S.A. (ENXTPA:ERA).INEOS Enterprises Group Limited made an offer to acquire TiZir Titanium & Iron A/S from ERAMET S.A. (ENXTPA:ERA) for an enterprise value of approximately $250 million on July 25, 2023. INEOS Enterprises Group Limited completed the acquisition of TiZir Titanium & Iron A/S from ERAMET S.A. (ENXTPA:ERA) on September 21, 2023. The transaction got approved by regulatory authorities.
Reported Earnings • Jul 28First half 2023 earnings released: EPS: €2.95 (vs €23.99 in 1H 2022)First half 2023 results: EPS: €2.95 (down from €23.99 in 1H 2022). Revenue: €1.60b (down 39% from 1H 2022). Net income: €84.0m (down 88% from 1H 2022). Profit margin: 5.2% (down from 26% in 1H 2022). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 26An unknown buyer made an offer to acquire TiZir Titanium & Iron A/S from ERAMET S.A. (ENXTPA:ERA) for an enterprise value of approximately $250 million.An unknown buyer made an offer to acquire TiZir Titanium & Iron A/S from ERAMET S.A. (ENXTPA:ERA) for an enterprise value of approximately $250 million on July 25, 2023.
お知らせ • May 24+ 1 more updateERAMET S.A. Approves the Distribution in Respect of the 2022 Financial Year, Payable on 30 May 2023ERAMET S.A. approved the distribution of a €3.50 dividend per share in respect of the 2022 financial year. The ex-dividend date will be on 26 May 2023 and payment as of 30 May 2023.
Upcoming Dividend • May 19Upcoming dividend of €3.50 per share at 3.8% yieldEligible shareholders must have bought the stock before 26 May 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.9%).
Reported Earnings • Apr 24Full year 2022 earnings released: EPS: €31.25 (vs €25.34 in FY 2021)Full year 2022 results: EPS: €31.25 (up from €25.34 in FY 2021). Revenue: €5.10b (up 38% from FY 2021). Net income: €896.0m (up 24% from FY 2021). Profit margin: 18% (down from 20% in FY 2021). Production and reserves: Nickel Production: 55,064 t (54,093 t in FY 2021) Proved and probable reserves (ore): 624.9 Mt (396.9 Mt in FY 2021) Number of mines: 2 (2 in FY 2021) Titanium Production: 94,000 t (0.105 Mt in FY 2021) Manganese Production: 7.539 Mt (7.024 Mt in FY 2021) Proved and probable reserves (ore): 225 Mt (225 Mt in FY 2021) Number of mines: 1 (1 in FY 2021) Revenue is forecast to stay flat during the next 3 years compared to a 1.3% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €113, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 302% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €172 per share.
Reported Earnings • Feb 24Full year 2022 earnings released: EPS: €31.25 (vs €25.34 in FY 2021)Full year 2022 results: EPS: €31.25 (up from €25.34 in FY 2021). Revenue: €5.01b (up 35% from FY 2021). Net income: €896.0m (up 24% from FY 2021). Profit margin: 18% (down from 20% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 1.5% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €105, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 160% over the past three years.
お知らせ • Oct 27+ 1 more updateERAMET S.A. to Report Q1, 2023 Results on Apr 27, 2023ERAMET S.A. announced that they will report Q1, 2023 results on Apr 27, 2023
Reported Earnings • Jul 28First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €53.0m from profit in 1H 2021). Profit margin: (down from 2.8% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 1.7%, compared to a 26% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 14Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to €110, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 100% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €177 per share.
Upcoming Dividend • May 27Upcoming dividend of €2.50 per shareEligible shareholders must have bought the stock before 03 June 2022. Payment date: 07 June 2022. Payout ratio is a comfortable 9.9% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (7.5%).
Reported Earnings • Apr 09Full year 2021 earnings released: EPS: €25.34 (vs €6.00 loss in FY 2020)Full year 2021 results: EPS: €25.34 (up from €6.00 loss in FY 2020). Revenue: €3.71b (up 32% from FY 2020). Net income: €724.0m (up €883.0m from FY 2020). Profit margin: 20% (up from net loss in FY 2020). Production and reserves: Nickel Production: 54,093 t (56,895 t in FY 2020) Proved and probable reserves (ore): 396.9 Mt (275 Mt in FY 2020) Number of mines: 2 (1 in FY 2020) Titanium Production: 0.105 Mt (99,500 t in FY 2020) Manganese Production: 7.024 Mt (5.803 Mt in FY 2020) Proved and probable reserves (ore): 225 Mt (198 Mt in FY 2020) Number of mines: 1 (3 in FY 2020) Over the next year, revenue is forecast to grow 29%, compared to a 35% growth forecast for the mining industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment improved over the past weekAfter last week's 17% share price gain to €136, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 171% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €105 per share.
Reported Earnings • Feb 26Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: €25.32 (up from €25.47 loss in FY 2020). Revenue: €3.67b (up 2.2% from FY 2020). Net income: €724.0m (up €1.40b from FY 2020). Profit margin: 20% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Revenue missed analyst estimates by 16%. Over the next year, revenue is forecast to grow 25%, compared to a 12% growth forecast for the mining industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Jan 25Now 20% undervaluedOver the last 90 days, the stock is up 20%. The fair value is estimated to be €109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. The company has become profitable over the last year.
Reported Earnings • Aug 03First half 2021 earnings released: EPS €1.98 (vs €23.48 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €1.88b (up 12% from 1H 2020). Net income: €53.0m (up €676.0m from 1H 2020). Profit margin: 2.8% (up from net loss in 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.
Executive Departure • Jun 04Director Michel Antseleve has left the companyOn the 29th of May, Michel Antseleve's tenure as Director ended after 8.0 years in the role. As of March 2021, Michel still personally held only 100.00 shares (€6.0k worth at the time). Michel is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.04 years.
Analyst Estimate Surprise Post Earnings • Feb 20Revenue beats expectationsRevenue exceeded analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 15%, compared to a 20% growth forecast for the Metals and Mining industry in Germany.
Reported Earnings • Feb 18Full year 2020 earnings released: €25.46 loss per share (vs €6.94 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: €3.55b (down 3.5% from FY 2019). Net loss: €675.0m (loss widened 267% from FY 2019). Production and reserves: Nickel Production: 8.814 Mt (47,400 t in FY 2019) Titanium Production: 0.199 Mt (94,500 t in FY 2019) Manganese Production: 5.803 Mt (4.8 Mt in FY 2019) Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 17+ 1 more updateERAMET S.A., Annual General Meeting, May 28, 2021ERAMET S.A., Annual General Meeting, May 28, 2021. Agenda: To consider the financial statements for the 2020 financial year; and to consider a proposal not to pay out any dividend in respect of the 2020 financial year.
Is New 90 Day High Low • Feb 10New 90-day high: €49.16The company is up 67% from its price of €29.45 on 11 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 56% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.79 per share.
Is New 90 Day High Low • Jan 05New 90-day high: €45.26The company is up 115% from its price of €21.09 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 42% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.08 per share.
Is New 90 Day High Low • Dec 07New 90-day high: €40.56The company is up 47% from its price of €27.61 on 08 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.85 per share.
Is New 90 Day High Low • Nov 11New 90-day high: €29.98The company is up 8.0% from its price of €27.71 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.92 per share.
お知らせ • Oct 16+ 1 more updateERAMET S.A. Announces Board ChangesERAMET S.A. at the board meeting held on 15 October 2020 co-opted as Director on the proposal of the STCPI (Société Territoriale Calédonienne de Participations Industrielles), M. Jean Philippe Vollmer in replacement of Ms. Sonia Backès, who resigned on 26 May 2020.
お知らせ • Aug 02Eramet Suspends Earnings Guidance for the Year 2020ERAMET announced that, in light of this uncertainty, Eramet continues to suspend its guidance for 2020 consolidated EBITDA, regardless of the announced forecasts for manganese ore production and nickel ore exports.