View Financial HealthTernium Argentina 배당 및 자사주 매입배당 기준 점검 3/6Ternium Argentina 은(는) 현재 수익률이 3.97% 인 배당금 지급 회사입니다.핵심 정보4.0%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률66.0%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향149%최근 배당 및 자사주 매입 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • May 21Ternium Argentina S.A. to Report Q2, 2026 Results on Jul 31, 2026Ternium Argentina S.A. announced that they will report Q2, 2026 results at 5:00 PM, Argentina Standard Time on Jul 31, 2026Reported Earnings • May 11First quarter 2026 earnings released: EPS: AR$45.05 (vs AR$8.04 in 1Q 2025)First quarter 2026 results: EPS: AR$45.05 (up from AR$8.04 in 1Q 2025). Revenue: AR$609.1b (up 25% from 1Q 2025). Net income: AR$203.5b (up 460% from 1Q 2025). Profit margin: 33% (up from 7.4% in 1Q 2025). The increase in margin was primarily driven by higher revenue.New Risk • Apr 12New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 149% Dividend yield: 3.8% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.9% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (149% payout ratio). Profit margins are more than 30% lower than last year (3.3% net profit margin).공시 • Mar 13Ternium Argentina S.A. to Report Q1, 2026 Results on Apr 30, 2026Ternium Argentina S.A. announced that they will report Q1, 2026 results on Apr 30, 2026공시 • Mar 03Ternium Argentina S.A., Annual General Meeting, Mar 31, 2026Ternium Argentina S.A., Annual General Meeting, Mar 31, 2026. Location: pasaje carlos m della paolera 222, buenos aires ArgentinaReported Earnings • Feb 20Full year 2025 earnings released: EPS: AR$18.47 (vs AR$23.63 in FY 2024)Full year 2025 results: EPS: AR$18.47 (down from AR$23.63 in FY 2024). Revenue: AR$2.51t (up 24% from FY 2024). Net income: AR$83.4b (down 22% from FY 2024). Profit margin: 3.3% (down from 5.3% in FY 2024). The decrease in margin was driven by higher expenses.New Risk • Jan 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Argentinean stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.6% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).공시 • Dec 03Ternium Argentina S.A. to Report Q4, 2025 Results on Feb 17, 2026Ternium Argentina S.A. announced that they will report Q4, 2025 results on Feb 17, 2026Reported Earnings • Oct 30Third quarter 2025 earnings released: AR$13.21 loss per share (vs AR$2.47 profit in 3Q 2024)Third quarter 2025 results: AR$13.21 loss per share (down from AR$2.47 profit in 3Q 2024). Revenue: AR$709.9b (up 20% from 3Q 2024). Net loss: AR$59.7b (down AR$70.8b from profit in 3Q 2024).공시 • Aug 09Ternium Argentina S.A. to Report Q3, 2025 Results on Oct 28, 2025Ternium Argentina S.A. announced that they will report Q3, 2025 results on Oct 28, 2025Reported Earnings • Jul 31Second quarter 2025 earnings released: EPS: AR$5.07 (vs AR$30.54 loss in 2Q 2024)Second quarter 2025 results: EPS: AR$5.07 (up from AR$30.54 loss in 2Q 2024). Revenue: AR$600.7b (up 29% from 2Q 2024). Net income: AR$22.9b (up AR$160.8b from 2Q 2024). Profit margin: 3.8% (up from net loss in 2Q 2024).Reported Earnings • May 04First quarter 2025 earnings released: EPS: AR$8.04 (vs AR$47.95 in 1Q 2024)First quarter 2025 results: EPS: AR$8.04 (down from AR$47.95 in 1Q 2024). Revenue: AR$488.6b (up 12% from 1Q 2024). Net income: AR$36.3b (down 83% from 1Q 2024). Profit margin: 7.4% (down from 50% in 1Q 2024).공시 • May 03Ternium Argentina S.A. to Report Q2, 2025 Results on Jul 25, 2025Ternium Argentina S.A. announced that they will report Q2, 2025 results on Jul 25, 2025New Risk • Apr 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Argentinean stocks, typically moving 9.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Large one-off items impacting financial results.New Risk • Feb 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 169% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 109% Paying a dividend despite having no free cash flows. Minor Risk Large one-off items impacting financial results.공시 • Feb 22Ternium Argentina S.A. to Report Q1, 2025 Results on Apr 25, 2025Ternium Argentina S.A. announced that they will report Q1, 2025 results at 5:00 PM, Argentina Standard Time on Apr 25, 2025공시 • Dec 14Ternium Argentina S.A. to Report Fiscal Year 2024 Results on Feb 14, 2025Ternium Argentina S.A. announced that they will report fiscal year 2024 results on Feb 14, 2025공시 • Dec 09Brazilian Court Confirms Ternium's Obligation to Pay Indemnification in Connection with Its 2012 Acquisition of a Participation in Usiminas; the Decision Is Subject to Further AppealsTernium S.A. announced that the Brazilian Superior Court of Justice (SCJ) published its unanimous decision to reject a motion of clarification filed by Ternium's subsidiaries Ternium Investments and Ternium Argentina, together with Tenaris's subsidiary Confab (all of which compose the T/T Group under the Usiminas shareholders agreement), that had sought to revert the June 18, 2024 SCJ decision ordering the T/T Group to pay Companhia Siderúrgica Nacional, or CSN, an indemnification in connection with their 2012 acquisition of a participation in Usiminas. Notwithstanding the foregoing, the SCJ unanimously resolved to modify the applicable monetary adjustment mechanism and to cap the applicable attorney's fees, thereby lowering the aggregate amount that would be payable by the T/T Group if CSN ultimately prevails in its claims. Assuming monetary adjustment through November 30, 2024, and BRL5 million in attorney's fees, in each case as determined pursuant to the SCJ decision published today, the revised aggregate amount potentially payable by Ternium Investments and Ternium Argentina would be of approximately BRL1.9 billion (approximately $307 million) and BRL 0.7 billion (approximately $109 million), respectively. Ternium continues to believe that all of CSN's claims and allegations are unsupported and without merit, and that in connection with the Usiminas acquisition the T/T Group was not required either to launch a tender offer or to pay indemnification to CSN. Accordingly, Ternium Investments and Ternium Argentina intend to continue to defend their rights vigorously and to file all available motions and appeals against the SCJ decisions that ordered an indemnification payment.New Risk • Nov 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 60% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 109% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin).Reported Earnings • Nov 10Third quarter 2024 earnings released: EPS: AR$2.47 (vs AR$5.36 in 3Q 2023)Third quarter 2024 results: EPS: AR$2.47 (down from AR$5.36 in 3Q 2023). Revenue: AR$591.1b (up 112% from 3Q 2023). Net income: AR$11.1b (down 54% from 3Q 2023). Profit margin: 1.9% (down from 8.7% in 3Q 2023). The decrease in margin was driven by higher expenses.공시 • Aug 06Ternium Argentina S.A. to Report Q3, 2024 Results on Nov 01, 2024Ternium Argentina S.A. announced that they will report Q3, 2024 results on Nov 01, 2024New Risk • Aug 01New major risk - Revenue and earnings growthEarnings have declined by 9.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.8% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (109% payout ratio). Share price has been volatile over the past 3 months (8.7% average weekly change).New Risk • Jul 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Argentinean stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (109% payout ratio). Share price has been volatile over the past 3 months (8.6% average weekly change).공시 • May 05Ternium Argentina S.A. to Report Q2, 2024 Results on Jul 26, 2024Ternium Argentina S.A. announced that they will report Q2, 2024 results on Jul 26, 2024Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: AR$47.95 (vs AR$11.15 in 1Q 2023)First quarter 2024 results: EPS: AR$47.95 (up from AR$11.15 in 1Q 2023). Revenue: AR$436.4b (up 164% from 1Q 2023). Net income: AR$216.6b (up 330% from 1Q 2023). Profit margin: 50% (up from 30% in 1Q 2023). The increase in margin was driven by higher revenue.Buy Or Sell Opportunity • Apr 09Now 23% overvaluedOver the last 90 days, the stock has fallen 9.5% to US$0.86. The fair value is estimated to be US$0.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 55% over the last 3 years. Earnings per share has grown by 16%.Buy Or Sell Opportunity • Mar 21Now 23% overvaluedOver the last 90 days, the stock has fallen 15% to US$0.86. The fair value is estimated to be US$0.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 55% over the last 3 years. Earnings per share has grown by 16%.Buy Or Sell Opportunity • Feb 27Now 21% overvaluedOver the last 90 days, the stock has fallen 21% to US$0.83. The fair value is estimated to be US$0.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 55% over the last 3 years. Earnings per share has grown by 16%.New Risk • Feb 13New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 113% Cash payout ratio: 103% Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Profit margins are more than 30% lower than last year (18% net profit margin).공시 • Feb 03Ternium Argentina S.A. to Report Fiscal Year 2023 Results on Feb 19, 2024Ternium Argentina S.A. announced that they will report fiscal year 2023 results on Feb 19, 2024Valuation Update With 7 Day Price Move • Nov 27Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to US$1.02, the stock trades at a trailing P/E ratio of 31.1x. Average forward P/E is 9x in the Metals and Mining industry in South America.New Risk • Nov 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Dividend is not well covered by earnings and cash flows. Payout ratio: 167% Cash payout ratio: 118% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (16% net profit margin).Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improves as stock rises 41%After last week's 41% share price gain to US$1.10, the stock trades at a trailing P/E ratio of 41.3x. Average forward P/E is 8x in the Metals and Mining industry in South America.공시 • Aug 26Ternium Argentina S.A. to Report Q3, 2023 Results on Oct 27, 2023Ternium Argentina S.A. announced that they will report Q3, 2023 results on Oct 27, 2023지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: TXARD 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: TXARD 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Ternium Argentina 배당 수익률 vs 시장TXARD의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (TXARD)4.0%시장 하위 25% (AR)1.0%시장 상위 25% (AR)7.7%업계 평균 (Metals and Mining)4.3%분석가 예측 (TXARD) (최대 3년)n/a주목할만한 배당금: TXARD 의 배당금( 3.97% )은 AR 시장에서 배당금 지급자의 하위 25%( 0.99% )보다 높습니다.고배당: TXARD 의 배당금( 3.97% )은 AR 시장에서 배당금 지급자의 상위 25%( 7.7% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 지급 비율 ( 148.6% )이 높기 때문에 TXARD 의 배당금 지급은 수익으로 잘 충당되지 않습니다.주주 현금 배당현금 흐름 범위: 합리적인 현금 지급 비율 ( 64.1% )로 TXARD 의 배당금 지급은 현금 흐름으로 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YAR 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/02 16:50종가2026/06/02 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Ternium Argentina S.A.는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Bruno Giardino Roschel de AraujoSantanderWalter ChiarvesioSantander
공시 • May 21Ternium Argentina S.A. to Report Q2, 2026 Results on Jul 31, 2026Ternium Argentina S.A. announced that they will report Q2, 2026 results at 5:00 PM, Argentina Standard Time on Jul 31, 2026
Reported Earnings • May 11First quarter 2026 earnings released: EPS: AR$45.05 (vs AR$8.04 in 1Q 2025)First quarter 2026 results: EPS: AR$45.05 (up from AR$8.04 in 1Q 2025). Revenue: AR$609.1b (up 25% from 1Q 2025). Net income: AR$203.5b (up 460% from 1Q 2025). Profit margin: 33% (up from 7.4% in 1Q 2025). The increase in margin was primarily driven by higher revenue.
New Risk • Apr 12New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 149% Dividend yield: 3.8% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.9% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (149% payout ratio). Profit margins are more than 30% lower than last year (3.3% net profit margin).
공시 • Mar 13Ternium Argentina S.A. to Report Q1, 2026 Results on Apr 30, 2026Ternium Argentina S.A. announced that they will report Q1, 2026 results on Apr 30, 2026
공시 • Mar 03Ternium Argentina S.A., Annual General Meeting, Mar 31, 2026Ternium Argentina S.A., Annual General Meeting, Mar 31, 2026. Location: pasaje carlos m della paolera 222, buenos aires Argentina
Reported Earnings • Feb 20Full year 2025 earnings released: EPS: AR$18.47 (vs AR$23.63 in FY 2024)Full year 2025 results: EPS: AR$18.47 (down from AR$23.63 in FY 2024). Revenue: AR$2.51t (up 24% from FY 2024). Net income: AR$83.4b (down 22% from FY 2024). Profit margin: 3.3% (down from 5.3% in FY 2024). The decrease in margin was driven by higher expenses.
New Risk • Jan 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Argentinean stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.6% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).
공시 • Dec 03Ternium Argentina S.A. to Report Q4, 2025 Results on Feb 17, 2026Ternium Argentina S.A. announced that they will report Q4, 2025 results on Feb 17, 2026
Reported Earnings • Oct 30Third quarter 2025 earnings released: AR$13.21 loss per share (vs AR$2.47 profit in 3Q 2024)Third quarter 2025 results: AR$13.21 loss per share (down from AR$2.47 profit in 3Q 2024). Revenue: AR$709.9b (up 20% from 3Q 2024). Net loss: AR$59.7b (down AR$70.8b from profit in 3Q 2024).
공시 • Aug 09Ternium Argentina S.A. to Report Q3, 2025 Results on Oct 28, 2025Ternium Argentina S.A. announced that they will report Q3, 2025 results on Oct 28, 2025
Reported Earnings • Jul 31Second quarter 2025 earnings released: EPS: AR$5.07 (vs AR$30.54 loss in 2Q 2024)Second quarter 2025 results: EPS: AR$5.07 (up from AR$30.54 loss in 2Q 2024). Revenue: AR$600.7b (up 29% from 2Q 2024). Net income: AR$22.9b (up AR$160.8b from 2Q 2024). Profit margin: 3.8% (up from net loss in 2Q 2024).
Reported Earnings • May 04First quarter 2025 earnings released: EPS: AR$8.04 (vs AR$47.95 in 1Q 2024)First quarter 2025 results: EPS: AR$8.04 (down from AR$47.95 in 1Q 2024). Revenue: AR$488.6b (up 12% from 1Q 2024). Net income: AR$36.3b (down 83% from 1Q 2024). Profit margin: 7.4% (down from 50% in 1Q 2024).
공시 • May 03Ternium Argentina S.A. to Report Q2, 2025 Results on Jul 25, 2025Ternium Argentina S.A. announced that they will report Q2, 2025 results on Jul 25, 2025
New Risk • Apr 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Argentinean stocks, typically moving 9.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Large one-off items impacting financial results.
New Risk • Feb 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 169% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 109% Paying a dividend despite having no free cash flows. Minor Risk Large one-off items impacting financial results.
공시 • Feb 22Ternium Argentina S.A. to Report Q1, 2025 Results on Apr 25, 2025Ternium Argentina S.A. announced that they will report Q1, 2025 results at 5:00 PM, Argentina Standard Time on Apr 25, 2025
공시 • Dec 14Ternium Argentina S.A. to Report Fiscal Year 2024 Results on Feb 14, 2025Ternium Argentina S.A. announced that they will report fiscal year 2024 results on Feb 14, 2025
공시 • Dec 09Brazilian Court Confirms Ternium's Obligation to Pay Indemnification in Connection with Its 2012 Acquisition of a Participation in Usiminas; the Decision Is Subject to Further AppealsTernium S.A. announced that the Brazilian Superior Court of Justice (SCJ) published its unanimous decision to reject a motion of clarification filed by Ternium's subsidiaries Ternium Investments and Ternium Argentina, together with Tenaris's subsidiary Confab (all of which compose the T/T Group under the Usiminas shareholders agreement), that had sought to revert the June 18, 2024 SCJ decision ordering the T/T Group to pay Companhia Siderúrgica Nacional, or CSN, an indemnification in connection with their 2012 acquisition of a participation in Usiminas. Notwithstanding the foregoing, the SCJ unanimously resolved to modify the applicable monetary adjustment mechanism and to cap the applicable attorney's fees, thereby lowering the aggregate amount that would be payable by the T/T Group if CSN ultimately prevails in its claims. Assuming monetary adjustment through November 30, 2024, and BRL5 million in attorney's fees, in each case as determined pursuant to the SCJ decision published today, the revised aggregate amount potentially payable by Ternium Investments and Ternium Argentina would be of approximately BRL1.9 billion (approximately $307 million) and BRL 0.7 billion (approximately $109 million), respectively. Ternium continues to believe that all of CSN's claims and allegations are unsupported and without merit, and that in connection with the Usiminas acquisition the T/T Group was not required either to launch a tender offer or to pay indemnification to CSN. Accordingly, Ternium Investments and Ternium Argentina intend to continue to defend their rights vigorously and to file all available motions and appeals against the SCJ decisions that ordered an indemnification payment.
New Risk • Nov 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 60% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 109% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin).
Reported Earnings • Nov 10Third quarter 2024 earnings released: EPS: AR$2.47 (vs AR$5.36 in 3Q 2023)Third quarter 2024 results: EPS: AR$2.47 (down from AR$5.36 in 3Q 2023). Revenue: AR$591.1b (up 112% from 3Q 2023). Net income: AR$11.1b (down 54% from 3Q 2023). Profit margin: 1.9% (down from 8.7% in 3Q 2023). The decrease in margin was driven by higher expenses.
공시 • Aug 06Ternium Argentina S.A. to Report Q3, 2024 Results on Nov 01, 2024Ternium Argentina S.A. announced that they will report Q3, 2024 results on Nov 01, 2024
New Risk • Aug 01New major risk - Revenue and earnings growthEarnings have declined by 9.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.8% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (109% payout ratio). Share price has been volatile over the past 3 months (8.7% average weekly change).
New Risk • Jul 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Argentinean stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (109% payout ratio). Share price has been volatile over the past 3 months (8.6% average weekly change).
공시 • May 05Ternium Argentina S.A. to Report Q2, 2024 Results on Jul 26, 2024Ternium Argentina S.A. announced that they will report Q2, 2024 results on Jul 26, 2024
Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: AR$47.95 (vs AR$11.15 in 1Q 2023)First quarter 2024 results: EPS: AR$47.95 (up from AR$11.15 in 1Q 2023). Revenue: AR$436.4b (up 164% from 1Q 2023). Net income: AR$216.6b (up 330% from 1Q 2023). Profit margin: 50% (up from 30% in 1Q 2023). The increase in margin was driven by higher revenue.
Buy Or Sell Opportunity • Apr 09Now 23% overvaluedOver the last 90 days, the stock has fallen 9.5% to US$0.86. The fair value is estimated to be US$0.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 55% over the last 3 years. Earnings per share has grown by 16%.
Buy Or Sell Opportunity • Mar 21Now 23% overvaluedOver the last 90 days, the stock has fallen 15% to US$0.86. The fair value is estimated to be US$0.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 55% over the last 3 years. Earnings per share has grown by 16%.
Buy Or Sell Opportunity • Feb 27Now 21% overvaluedOver the last 90 days, the stock has fallen 21% to US$0.83. The fair value is estimated to be US$0.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 55% over the last 3 years. Earnings per share has grown by 16%.
New Risk • Feb 13New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 113% Cash payout ratio: 103% Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Profit margins are more than 30% lower than last year (18% net profit margin).
공시 • Feb 03Ternium Argentina S.A. to Report Fiscal Year 2023 Results on Feb 19, 2024Ternium Argentina S.A. announced that they will report fiscal year 2023 results on Feb 19, 2024
Valuation Update With 7 Day Price Move • Nov 27Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to US$1.02, the stock trades at a trailing P/E ratio of 31.1x. Average forward P/E is 9x in the Metals and Mining industry in South America.
New Risk • Nov 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Dividend is not well covered by earnings and cash flows. Payout ratio: 167% Cash payout ratio: 118% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (16% net profit margin).
Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improves as stock rises 41%After last week's 41% share price gain to US$1.10, the stock trades at a trailing P/E ratio of 41.3x. Average forward P/E is 8x in the Metals and Mining industry in South America.
공시 • Aug 26Ternium Argentina S.A. to Report Q3, 2023 Results on Oct 27, 2023Ternium Argentina S.A. announced that they will report Q3, 2023 results on Oct 27, 2023