View ValuationTernium 향후 성장Future 기준 점검 1/6Ternium (는) 각각 연간 14.7% 및 5.1% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 15.4% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 9.4% 로 예상됩니다.핵심 정보14.7%이익 성장률15.39%EPS 성장률Metals and Mining 이익 성장19.3%매출 성장률5.1%향후 자기자본이익률9.43%애널리스트 커버리지Good마지막 업데이트05 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공지 • Mar 23Ternium S.A., Annual General Meeting, May 12, 2026Ternium S.A., Annual General Meeting, May 12, 2026, at 09:00 W. Europe Standard Time. Location: ternium s.a.`s registered office, 26, boulevard royal 4th floor, l-2449 luxembourg, grand duchy of luxembourg, Luxembourg공지 • Feb 20Ternium S.A. to Report Q1, 2026 Results on Apr 28, 2026Ternium S.A. announced that they will report Q1, 2026 results on Apr 28, 2026공지 • Feb 18Ternium S.A. Proposes Annual Dividend, Payable on May 15, 2026Upon approval of Ternium S.A.'s 2025 annual accounts, the Board of Directors intends to propose, for the approval of the Annual General Shareholders' meeting to be held on May 12, 2026, the payment of an annual dividend of $0.27 per share ($ 2.70 per ADS), or approximately $530 million, which includes the interim dividend of $0.09 per outstanding share ($ 0.90 per ADS) or approximately $177 million, paid on November 12, 2025. If the annual dividend is approved by the shareholders, a dividend of $0.18 per share ($ 1.80 per ADS), or approximately $353 million will be paid on May 15, 2026, with an ex-dividend date of May 14, 2026.공지 • Oct 30Ternium S.A. to Report Q4, 2025 Results on Feb 17, 2026Ternium S.A. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 17, 2026공지 • Jul 31Ternium S.A. to Report Q3, 2025 Results on Oct 28, 2025Ternium S.A. announced that they will report Q3, 2025 results on Oct 28, 2025공지 • May 07+ 1 more updateTernium S.A. Appoints Alicia Luc a M ndolo as New Member of Board of Directors, Effective May 6, 2025Ternium S.A. at its annual general meeting of shareholders and its extraordinary general meeting of shareholders held on May 6, 2025, approved to appoint Ms. Alicia Luc a M ndolo as new member of the Board of Directors.공지 • May 02Ternium S.A. to Report Q2, 2025 Results on Jul 29, 2025Ternium S.A. announced that they will report Q2, 2025 results on Jul 29, 2025공지 • Feb 20Ternium S.A. to Report Q1, 2025 Results on Apr 29, 2025Ternium S.A. announced that they will report Q1, 2025 results on Apr 29, 2025공지 • Feb 19Ternium S.A., Annual General Meeting, May 06, 2025Ternium S.A., Annual General Meeting, May 06, 2025.Board Change • Dec 30Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Lorenza Trigueros was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Declared Dividend • Nov 12Dividend of US$0.90 announcedShareholders will receive a dividend of US$0.90. Ex-date: 18th November 2024 Payment date: 26th November 2024 Dividend yield will be 9.0%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 8x earnings) nor is it covered by cash flows (258% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 807% to bring the payout ratio under control. EPS is expected to grow by 315% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.공지 • Nov 08Ternium S.A. to Report Q4, 2024 Results on Feb 18, 2025Ternium S.A. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 18, 2025New Risk • Nov 07New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Cash payout ratio: 257% Dividend yield: 9.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough 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. 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 Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Cash payout ratio: 257% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin).공지 • Aug 06Ternium S.A. to Report Q3, 2024 Results on Nov 05, 2024Ternium S.A. announced that they will report Q3, 2024 results After-Market on Nov 05, 2024Reported Earnings • Jul 31Second quarter 2024 earnings released: US$3.71 loss per share (vs US$3.19 profit in 2Q 2023)Second quarter 2024 results: US$3.71 loss per share (down from US$3.19 profit in 2Q 2023). Revenue: US$4.51b (up 17% from 2Q 2023). Net loss: US$728.0m (down 216% from profit in 2Q 2023). Revenue is forecast to stay flat 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, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.공지 • May 01Ternium S.A. Approves Annual Dividend, Payable on May 8, 2024Ternium S.A. approved at its AGM held on April 30, 2024, annual dividend of $0.33 per share ($3.30 per ADS). The annual dividend includes the interim dividend of $0.11 per share ($1.10 per ADS) paid in November 2023. A net dividend of $0.22 per share ($2.20 per ADS) will be paid on May 8, 2024, to all shareholders of record as of May 3, 2024.공지 • Apr 28Ternium S.A. to Report Q2, 2024 Results on Jul 30, 2024Ternium S.A. announced that they will report Q2, 2024 results After-Market on Jul 30, 2024Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: US$1.84 (vs US$1.91 in 1Q 2023)First quarter 2024 results: EPS: US$1.84 (down from US$1.91 in 1Q 2023). Revenue: US$4.78b (up 32% from 1Q 2023). Net income: US$361.0m (down 3.6% from 1Q 2023). Profit margin: 7.6% (down from 10% in 1Q 2023). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Upcoming Dividend • Apr 25Upcoming dividend of US$2.20 per shareEligible shareholders must have bought the stock before 02 May 2024. Payment date: 13 May 2024. Payout ratio is on the higher end at 96%, however this is supported by cash flows. Trailing yield: 7.8%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.9%).Declared Dividend • Apr 23Final dividend of US$2.20 announcedShareholders will receive a dividend of US$2.20. Ex-date: 2nd May 2024 Payment date: 13th May 2024 Dividend yield will be 8.0%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is not adequately covered by earnings (96% earnings payout ratio). However, it is covered by cash flows (62% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 6.5% to bring the payout ratio under control. EPS is expected to grow by 57% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.공지 • Mar 16Ternium S.A., Annual General Meeting, Apr 30, 2024Ternium S.A., Annual General Meeting, Apr 30, 2024, at 12:00 Central Europe Standard Time. Location: 26, Boulevard Royal, 4th Floor, L-2449 Luxembourg, Grand Duchy of Luxembourg Grand-Duchy Luxembourg Agenda: To consider the Company’s 2023 Annual Report containing the consolidated management report and independent auditors report on the Company’s consolidated financial statements as of December 31, 2023, and the Company’s annual accounts as of December 31, 2023 and the independent auditors report thereon and approval of the Company’s consolidated financial statements as of December 31, 2023 and 2022 and for the years ended December 31, 2023, 2022 and 2021; to consider the independent auditor’s report on the Company’s annual accounts and approval of the Company’s annual accounts as at December 31, 2023; to consider the Allocation of results for the year ended December 31, 2023; to elect of the members of the Board of Directors; to consider authorization of the compensation to the members of the Board of Directors for the year 2024; and to consider other matters.New Risk • Feb 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 56% 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: Minor Risks Dividend is not well covered by earnings (96% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.8% net profit margin).공지 • Feb 26Ternium S.A. to Report Q1, 2024 Results on Apr 24, 2024Ternium S.A. announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on Apr 24, 2024New Risk • Feb 25New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 71% 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: Minor Risks Dividend is not well covered by earnings (189% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin).Reported Earnings • Feb 22Full year 2023 earnings released: EPS: US$3.44 (vs US$9.00 in FY 2022)Full year 2023 results: EPS: US$3.44 (down from US$9.00 in FY 2022). Revenue: US$17.6b (up 7.3% from FY 2022). Net income: US$676.0m (down 62% from FY 2022). Profit margin: 3.8% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.공지 • Feb 21Ternium S.A. Proposes Interim Dividend, Payable on May 8, 2024Ternium S.A.'s board of directors proposed that an annual dividend of $3.30 per ADS ($0.33 per share), or $649 million, be approved at the company's annual general shareholders' meeting, which is scheduled to be held on April 30, 2024. The annual dividend would include the interim dividend of $1.10 per ADS ($0.11 per share), or $216 million, paid in the fourth quarter. If the board of directors' proposal is approved at the shareholders' meeting, a net dividend of $2.20 per ADS ($0.22 per share), or $433 million, will be paid on May 8, 2024, with record-date on May 3, 2024.New Risk • Nov 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 71% 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: Minor Risks Dividend is not well covered by earnings (189% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin).공지 • Nov 03Ternium S.A. to Report Q4, 2023 Results on Feb 20, 2024Ternium S.A. announced that they will report Q4, 2023 results After-Market on Feb 20, 2024공지 • Nov 01Ternium S.A. Approves Interim Dividend for 2023, Payable on November 16, 2023Ternium S.A. board of directors approved the payment of an interim dividend for 2023 of $1.10 per ADS ($0.11 per share), or $216 million in the aggregate. The interim dividend will be paid on November 16, 2023 to shareholders on record as of November 13, 2023. This represents an increase of 20 cents per ADS, or 22%, compared to last year's interim dividend.Reported Earnings • Nov 01Third quarter 2023 earnings released: US$3.76 loss per share (vs US$0.78 profit in 3Q 2022)Third quarter 2023 results: US$3.76 loss per share (down from US$0.78 profit in 3Q 2022). Revenue: US$5.19b (up 26% from 3Q 2022). Net loss: US$739.0m (down US$891.8m from profit in 3Q 2022). Revenue is forecast to decline by 2.5% 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 remained flat but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.공지 • Aug 05Ternium S.A. to Report Q3, 2023 Results on Oct 31, 2023Ternium S.A. announced that they will report Q3, 2023 results After-Market on Oct 31, 2023Reported Earnings • Aug 02Second quarter 2023 earnings released: EPS: US$3.19 (vs US$4.07 in 2Q 2022)Second quarter 2023 results: EPS: US$3.19 (down from US$4.07 in 2Q 2022). Revenue: US$3.87b (down 13% from 2Q 2022). Net income: US$627.0m (down 22% from 2Q 2022). Profit margin: 16% (down from 18% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.공지 • May 05Ternium S.A. to Report Q2, 2023 Results on Aug 01, 2023Ternium S.A. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 01, 2023Upcoming Dividend • Apr 27Upcoming dividend of US$1.80 per share at 6.4% yieldEligible shareholders must have bought the stock before 04 May 2023. Payment date: 15 May 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 6.4%. Within top quartile of German dividend payers (4.6%). Lower than average of industry peers (8.6%).Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: US$1.91 (vs US$3.95 in 1Q 2022)First quarter 2023 results: EPS: US$1.91 (down from US$3.95 in 1Q 2022). Revenue: US$3.62b (down 16% from 1Q 2022). Net income: US$374.0m (down 52% from 1Q 2022). Profit margin: 10% (down from 18% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 1.2% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 42% per year.공지 • Feb 18Ternium S.A. to Report Q1, 2023 Results on Apr 25, 2023Ternium S.A. announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on Apr 25, 2023Reported Earnings • Feb 15Full year 2022 earnings released: EPS: US$9.01 (vs US$19.49 in FY 2021)Full year 2022 results: EPS: US$9.01 (down from US$19.49 in FY 2021). Revenue: US$16.4b (up 2.0% from FY 2021). Net income: US$1.77b (down 54% from FY 2021). Profit margin: 11% (down from 24% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 4.6% p.a. on average during the next 3 years compared to a 1.7% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.공지 • Feb 15Ternium S.A. Proposes Annual Dividend, Payable on May 10, 2023The board of directors of Ternium S.A. proposed that an annual dividend of $0.27 per share ($2.70 per ADS), or $530.0 million in the aggregate, be approved at the company's annual general shareholders' meeting, which is scheduled to be held on May 2, 2023. This proposal is 10 cents per ADS higher than the annual dividend approved for 2021. The annual dividend would include the interim dividend of $0.09 per share ($0.90 per ADS), or $176.7 million in the aggregate, paid in November 2022. If the board of directors' proposal is approved at the shareholders' meeting, a net dividend of $0.18 per share ($1.80 per ADS), or $353.4 million in the aggregate, will be paid on May 10, 2023, with record-date on May 5, 2023.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Lorenza Trigueros was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공지 • Nov 11Ternium S.A. to Report Q4, 2022 Results on Feb 14, 2023Ternium S.A. announced that they will report Q4, 2022 results on Feb 14, 2023Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: US$0.78 (vs US$6.12 in 3Q 2021)Third quarter 2022 results: EPS: US$0.78 (down from US$6.12 in 3Q 2021). Revenue: US$4.13b (down 10% from 3Q 2021). Net income: US$152.8m (down 87% from 3Q 2021). Profit margin: 3.7% (down from 26% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Revenue is expected to fall by 3.4% p.a. on average during the next 3 years compared to a 3.4% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 04Second quarter 2022 earnings released: EPS: US$4.07 (vs US$5.21 in 2Q 2021)Second quarter 2022 results: EPS: US$4.07 (down from US$5.21 in 2Q 2021). Revenue: US$4.44b (up 13% from 2Q 2021). Net income: US$799.0m (down 22% from 2Q 2021). Profit margin: 18% (down from 26% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 14% compared to a 25% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Apr 28Upcoming dividend of US$1.80 per shareEligible shareholders must have bought the stock before 05 May 2022. Payment date: 16 May 2022. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 8.3%. Within top quartile of German dividend payers (4.0%). In line with average of industry peers (7.8%).Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Director Vincent Gilles Decalf was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to €38.20, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 74% over the past three years.Reported Earnings • Feb 18Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: US$19.49 (up from US$3.97 in FY 2020). Revenue: US$16.1b (up 84% from FY 2020). Net income: US$3.83b (up 391% from FY 2020). Profit margin: 24% (up from 8.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.8%. Over the next year, revenue is expected to shrink by 10% compared to a 13% growth forecast for the mining industry in Germany. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 04Third quarter 2021 earnings released: EPS US$6.12 (vs US$0.74 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$4.59b (up 115% from 3Q 2020). Net income: US$1.20b (up US$1.06b from 3Q 2020). Profit margin: 26% (up from 6.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 22Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €37.00, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 60% over the past three years.Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS US$5.21 (vs US$0.22 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$3.92b (up 125% from 2Q 2020). Net income: US$1.02b (up US$978.1m from 2Q 2020). Profit margin: 26% (up from 2.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.Executive Departure • May 07Independent Director has left the companyOn the 3rd of May, Ubaldo José Aguirre's tenure as Independent Director ended after 15.3 years in the role. We don't have any record of a personal shareholding under Ubaldo's name. Ubaldo is the only executive to leave the company over the last 12 months.Reported Earnings • Apr 29First quarter 2021 earnings released: EPS US$3.07 (vs US$0.059 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$3.25b (up 43% from 1Q 2020). Net income: US$602.9m (up US$614.5m from 1Q 2020). Profit margin: 19% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Upcoming Dividend • Apr 28Upcoming dividend of US$2.10 per shareEligible shareholders must have bought the stock before 05 May 2021. Payment date: 14 May 2021. Trailing yield: 5.1%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (4.5%).Reported Earnings • Mar 21Full year 2020 earnings released: EPS US$3.97 (vs US$2.87 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$8.74b (down 14% from FY 2019). Net income: US$778.5m (up 38% from FY 2019). Profit margin: 8.9% (up from 5.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Mar 04New 90-day high: €28.40The company is up 20% from its price of €23.60 on 04 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 55% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €51.90 per share.Analyst Estimate Surprise Post Earnings • Feb 25Revenue beats expectationsRevenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 23%, compared to a 20% growth forecast for the Metals and Mining industry in Germany.Reported Earnings • Feb 25Full year 2020 earnings released: EPS US$3.97 (vs US$2.87 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$8.74b (down 14% from FY 2019). Net income: US$778.5m (up 38% from FY 2019). Profit margin: 8.9% (up from 5.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.공지 • Feb 02Ternium S.A. to Report Q4, 2020 Results on Feb 23, 2021Ternium S.A. announced that they will report Q4, 2020 results After-Market on Feb 23, 2021Is New 90 Day High Low • Jan 08New 90-day high: €26.40The company is up 57% from its price of €16.80 on 09 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 53% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €47.94 per share.Is New 90 Day High Low • Dec 05New 90-day high: €23.60The company is up 52% from its price of €15.50 on 04 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €46.64 per share.Is New 90 Day High Low • Nov 09New 90-day high: €18.30The company is up 26% from its price of €14.50 on 11 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €44.00 per share.Analyst Estimate Surprise Post Earnings • Nov 04Revenue beats expectationsRevenue exceeded analyst estimates by 5.6%. Over the next year, revenue is forecast to stay flat compared to a 8.3% growth forecast for the Metals and Mining industry in Germany.Reported Earnings • Nov 04Third quarter 2020 earnings released: EPS US$0.74The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: US$2.14b (down 12% from 3Q 2019). Net income: US$145.6m (up 54% from 3Q 2019). Profit margin: 6.8% (up from 3.9% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Oct 16New 90-day high: €17.50The company is up 34% from its price of €13.10 on 17 July 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 €42.67 per share.공지 • Oct 05Ternium S.A. to Report Q1, 2010 Results on 05/04/2010Ternium S.A. announced that they will report Q1, 2010 results on 05/04/2010공지 • Aug 16Ternium S.A. to Report Q3, 2020 Results on Nov 03, 2020Ternium S.A. announced that they will report Q3, 2020 results at 5:00 PM, W. Europe Standard Time on Nov 03, 2020이익 및 매출 성장 예측DB:T5Z - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202818,0551,0476972,204812/31/202717,4269816741,9691112/31/202616,589949-5311,60213/31/202615,610571-652,324N/A12/31/202515,609425-1872,314N/A9/30/202515,711584-3412,258N/A6/30/202516,236595-3102,025N/A3/31/202516,804-348-2961,638N/A12/31/202417,649-54411,906N/A9/30/202418,704792512,152N/A6/30/202419,408-6919852,870N/A3/31/202418,7656636342,340N/A12/31/202317,6106761,0402,501N/A9/30/202316,2263021,7932,816N/A6/30/202315,1671,1942,1002,829N/A3/31/202315,7331,3662,0382,697N/A12/31/202216,4141,7682,1722,753N/A9/30/202217,1982,7262,3122,856N/A6/30/202217,6643,7751,8902,408N/A3/31/202217,1463,9982,5233,042N/A12/31/202116,0913,8252,1542,677N/A9/30/202114,3413,6221,3751,897N/A6/30/202111,8872,3711,2881,771N/A3/31/20219,7131,3931,2141,646N/A12/31/20208,7357781,2011,761N/A9/30/20208,406541,0521,799N/A6/30/20208,7171989141,845N/A3/31/20209,7283345151,615N/A12/31/201910,193564N/A1,648N/A9/30/201910,579844N/A1,811N/A6/30/201911,1281,273N/A1,762N/A3/31/201911,3941,386N/A2,027N/A12/31/201811,4551,507N/A1,739N/A9/30/201811,5861,336N/A1,215N/A6/30/201811,1221,008N/A1,003N/A3/31/201810,422964N/A486N/A12/31/20179,700886N/A384N/A9/30/20178,782824N/A630N/A6/30/20178,103858N/A605N/A3/31/20177,644763N/A948N/A12/31/20167,224596N/A1,100N/A9/30/20167,184351N/A1,135N/A6/30/20167,274147N/A1,166N/A3/31/20167,40734N/A1,237N/A12/31/20157,8778N/A1,323N/A9/30/20158,222187N/A1,218N/A6/30/20158,495-368N/A1,255N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: T5Z 의 연간 예상 수익 증가율(14.7%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: T5Z 의 연간 수익(14.7%)이 German 시장(16.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: T5Z 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: T5Z 의 수익(연간 5.1%)이 German 시장(연간 6.4%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: T5Z 의 수익(연간 5.1%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: T5Z의 자본 수익률은 3년 후 9.4%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/06 06:43종가2026/05/06 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 S.A.는 18명의 분석가가 다루고 있습니다. 이 중 11명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Leonardo CorreaBarclaysAlessandro AbateBerenbergCaio RibeiroBofA Global Research15명의 분석가 더 보기
공지 • Mar 23Ternium S.A., Annual General Meeting, May 12, 2026Ternium S.A., Annual General Meeting, May 12, 2026, at 09:00 W. Europe Standard Time. Location: ternium s.a.`s registered office, 26, boulevard royal 4th floor, l-2449 luxembourg, grand duchy of luxembourg, Luxembourg
공지 • Feb 20Ternium S.A. to Report Q1, 2026 Results on Apr 28, 2026Ternium S.A. announced that they will report Q1, 2026 results on Apr 28, 2026
공지 • Feb 18Ternium S.A. Proposes Annual Dividend, Payable on May 15, 2026Upon approval of Ternium S.A.'s 2025 annual accounts, the Board of Directors intends to propose, for the approval of the Annual General Shareholders' meeting to be held on May 12, 2026, the payment of an annual dividend of $0.27 per share ($ 2.70 per ADS), or approximately $530 million, which includes the interim dividend of $0.09 per outstanding share ($ 0.90 per ADS) or approximately $177 million, paid on November 12, 2025. If the annual dividend is approved by the shareholders, a dividend of $0.18 per share ($ 1.80 per ADS), or approximately $353 million will be paid on May 15, 2026, with an ex-dividend date of May 14, 2026.
공지 • Oct 30Ternium S.A. to Report Q4, 2025 Results on Feb 17, 2026Ternium S.A. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 17, 2026
공지 • Jul 31Ternium S.A. to Report Q3, 2025 Results on Oct 28, 2025Ternium S.A. announced that they will report Q3, 2025 results on Oct 28, 2025
공지 • May 07+ 1 more updateTernium S.A. Appoints Alicia Luc a M ndolo as New Member of Board of Directors, Effective May 6, 2025Ternium S.A. at its annual general meeting of shareholders and its extraordinary general meeting of shareholders held on May 6, 2025, approved to appoint Ms. Alicia Luc a M ndolo as new member of the Board of Directors.
공지 • May 02Ternium S.A. to Report Q2, 2025 Results on Jul 29, 2025Ternium S.A. announced that they will report Q2, 2025 results on Jul 29, 2025
공지 • Feb 20Ternium S.A. to Report Q1, 2025 Results on Apr 29, 2025Ternium S.A. announced that they will report Q1, 2025 results on Apr 29, 2025
공지 • Feb 19Ternium S.A., Annual General Meeting, May 06, 2025Ternium S.A., Annual General Meeting, May 06, 2025.
Board Change • Dec 30Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Lorenza Trigueros was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Declared Dividend • Nov 12Dividend of US$0.90 announcedShareholders will receive a dividend of US$0.90. Ex-date: 18th November 2024 Payment date: 26th November 2024 Dividend yield will be 9.0%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 8x earnings) nor is it covered by cash flows (258% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 807% to bring the payout ratio under control. EPS is expected to grow by 315% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
공지 • Nov 08Ternium S.A. to Report Q4, 2024 Results on Feb 18, 2025Ternium S.A. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 18, 2025
New Risk • Nov 07New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Cash payout ratio: 257% Dividend yield: 9.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough 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. 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 Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Cash payout ratio: 257% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin).
공지 • Aug 06Ternium S.A. to Report Q3, 2024 Results on Nov 05, 2024Ternium S.A. announced that they will report Q3, 2024 results After-Market on Nov 05, 2024
Reported Earnings • Jul 31Second quarter 2024 earnings released: US$3.71 loss per share (vs US$3.19 profit in 2Q 2023)Second quarter 2024 results: US$3.71 loss per share (down from US$3.19 profit in 2Q 2023). Revenue: US$4.51b (up 17% from 2Q 2023). Net loss: US$728.0m (down 216% from profit in 2Q 2023). Revenue is forecast to stay flat 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, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.
공지 • May 01Ternium S.A. Approves Annual Dividend, Payable on May 8, 2024Ternium S.A. approved at its AGM held on April 30, 2024, annual dividend of $0.33 per share ($3.30 per ADS). The annual dividend includes the interim dividend of $0.11 per share ($1.10 per ADS) paid in November 2023. A net dividend of $0.22 per share ($2.20 per ADS) will be paid on May 8, 2024, to all shareholders of record as of May 3, 2024.
공지 • Apr 28Ternium S.A. to Report Q2, 2024 Results on Jul 30, 2024Ternium S.A. announced that they will report Q2, 2024 results After-Market on Jul 30, 2024
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: US$1.84 (vs US$1.91 in 1Q 2023)First quarter 2024 results: EPS: US$1.84 (down from US$1.91 in 1Q 2023). Revenue: US$4.78b (up 32% from 1Q 2023). Net income: US$361.0m (down 3.6% from 1Q 2023). Profit margin: 7.6% (down from 10% in 1Q 2023). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Upcoming Dividend • Apr 25Upcoming dividend of US$2.20 per shareEligible shareholders must have bought the stock before 02 May 2024. Payment date: 13 May 2024. Payout ratio is on the higher end at 96%, however this is supported by cash flows. Trailing yield: 7.8%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.9%).
Declared Dividend • Apr 23Final dividend of US$2.20 announcedShareholders will receive a dividend of US$2.20. Ex-date: 2nd May 2024 Payment date: 13th May 2024 Dividend yield will be 8.0%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is not adequately covered by earnings (96% earnings payout ratio). However, it is covered by cash flows (62% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 6.5% to bring the payout ratio under control. EPS is expected to grow by 57% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
공지 • Mar 16Ternium S.A., Annual General Meeting, Apr 30, 2024Ternium S.A., Annual General Meeting, Apr 30, 2024, at 12:00 Central Europe Standard Time. Location: 26, Boulevard Royal, 4th Floor, L-2449 Luxembourg, Grand Duchy of Luxembourg Grand-Duchy Luxembourg Agenda: To consider the Company’s 2023 Annual Report containing the consolidated management report and independent auditors report on the Company’s consolidated financial statements as of December 31, 2023, and the Company’s annual accounts as of December 31, 2023 and the independent auditors report thereon and approval of the Company’s consolidated financial statements as of December 31, 2023 and 2022 and for the years ended December 31, 2023, 2022 and 2021; to consider the independent auditor’s report on the Company’s annual accounts and approval of the Company’s annual accounts as at December 31, 2023; to consider the Allocation of results for the year ended December 31, 2023; to elect of the members of the Board of Directors; to consider authorization of the compensation to the members of the Board of Directors for the year 2024; and to consider other matters.
New Risk • Feb 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 56% 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: Minor Risks Dividend is not well covered by earnings (96% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.8% net profit margin).
공지 • Feb 26Ternium S.A. to Report Q1, 2024 Results on Apr 24, 2024Ternium S.A. announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on Apr 24, 2024
New Risk • Feb 25New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 71% 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: Minor Risks Dividend is not well covered by earnings (189% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin).
Reported Earnings • Feb 22Full year 2023 earnings released: EPS: US$3.44 (vs US$9.00 in FY 2022)Full year 2023 results: EPS: US$3.44 (down from US$9.00 in FY 2022). Revenue: US$17.6b (up 7.3% from FY 2022). Net income: US$676.0m (down 62% from FY 2022). Profit margin: 3.8% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
공지 • Feb 21Ternium S.A. Proposes Interim Dividend, Payable on May 8, 2024Ternium S.A.'s board of directors proposed that an annual dividend of $3.30 per ADS ($0.33 per share), or $649 million, be approved at the company's annual general shareholders' meeting, which is scheduled to be held on April 30, 2024. The annual dividend would include the interim dividend of $1.10 per ADS ($0.11 per share), or $216 million, paid in the fourth quarter. If the board of directors' proposal is approved at the shareholders' meeting, a net dividend of $2.20 per ADS ($0.22 per share), or $433 million, will be paid on May 8, 2024, with record-date on May 3, 2024.
New Risk • Nov 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 71% 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: Minor Risks Dividend is not well covered by earnings (189% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin).
공지 • Nov 03Ternium S.A. to Report Q4, 2023 Results on Feb 20, 2024Ternium S.A. announced that they will report Q4, 2023 results After-Market on Feb 20, 2024
공지 • Nov 01Ternium S.A. Approves Interim Dividend for 2023, Payable on November 16, 2023Ternium S.A. board of directors approved the payment of an interim dividend for 2023 of $1.10 per ADS ($0.11 per share), or $216 million in the aggregate. The interim dividend will be paid on November 16, 2023 to shareholders on record as of November 13, 2023. This represents an increase of 20 cents per ADS, or 22%, compared to last year's interim dividend.
Reported Earnings • Nov 01Third quarter 2023 earnings released: US$3.76 loss per share (vs US$0.78 profit in 3Q 2022)Third quarter 2023 results: US$3.76 loss per share (down from US$0.78 profit in 3Q 2022). Revenue: US$5.19b (up 26% from 3Q 2022). Net loss: US$739.0m (down US$891.8m from profit in 3Q 2022). Revenue is forecast to decline by 2.5% 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 remained flat but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.
공지 • Aug 05Ternium S.A. to Report Q3, 2023 Results on Oct 31, 2023Ternium S.A. announced that they will report Q3, 2023 results After-Market on Oct 31, 2023
Reported Earnings • Aug 02Second quarter 2023 earnings released: EPS: US$3.19 (vs US$4.07 in 2Q 2022)Second quarter 2023 results: EPS: US$3.19 (down from US$4.07 in 2Q 2022). Revenue: US$3.87b (down 13% from 2Q 2022). Net income: US$627.0m (down 22% from 2Q 2022). Profit margin: 16% (down from 18% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.
공지 • May 05Ternium S.A. to Report Q2, 2023 Results on Aug 01, 2023Ternium S.A. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 01, 2023
Upcoming Dividend • Apr 27Upcoming dividend of US$1.80 per share at 6.4% yieldEligible shareholders must have bought the stock before 04 May 2023. Payment date: 15 May 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 6.4%. Within top quartile of German dividend payers (4.6%). Lower than average of industry peers (8.6%).
Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: US$1.91 (vs US$3.95 in 1Q 2022)First quarter 2023 results: EPS: US$1.91 (down from US$3.95 in 1Q 2022). Revenue: US$3.62b (down 16% from 1Q 2022). Net income: US$374.0m (down 52% from 1Q 2022). Profit margin: 10% (down from 18% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 1.2% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 42% per year.
공지 • Feb 18Ternium S.A. to Report Q1, 2023 Results on Apr 25, 2023Ternium S.A. announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on Apr 25, 2023
Reported Earnings • Feb 15Full year 2022 earnings released: EPS: US$9.01 (vs US$19.49 in FY 2021)Full year 2022 results: EPS: US$9.01 (down from US$19.49 in FY 2021). Revenue: US$16.4b (up 2.0% from FY 2021). Net income: US$1.77b (down 54% from FY 2021). Profit margin: 11% (down from 24% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 4.6% p.a. on average during the next 3 years compared to a 1.7% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
공지 • Feb 15Ternium S.A. Proposes Annual Dividend, Payable on May 10, 2023The board of directors of Ternium S.A. proposed that an annual dividend of $0.27 per share ($2.70 per ADS), or $530.0 million in the aggregate, be approved at the company's annual general shareholders' meeting, which is scheduled to be held on May 2, 2023. This proposal is 10 cents per ADS higher than the annual dividend approved for 2021. The annual dividend would include the interim dividend of $0.09 per share ($0.90 per ADS), or $176.7 million in the aggregate, paid in November 2022. If the board of directors' proposal is approved at the shareholders' meeting, a net dividend of $0.18 per share ($1.80 per ADS), or $353.4 million in the aggregate, will be paid on May 10, 2023, with record-date on May 5, 2023.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Lorenza Trigueros was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공지 • Nov 11Ternium S.A. to Report Q4, 2022 Results on Feb 14, 2023Ternium S.A. announced that they will report Q4, 2022 results on Feb 14, 2023
Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: US$0.78 (vs US$6.12 in 3Q 2021)Third quarter 2022 results: EPS: US$0.78 (down from US$6.12 in 3Q 2021). Revenue: US$4.13b (down 10% from 3Q 2021). Net income: US$152.8m (down 87% from 3Q 2021). Profit margin: 3.7% (down from 26% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Revenue is expected to fall by 3.4% p.a. on average during the next 3 years compared to a 3.4% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 04Second quarter 2022 earnings released: EPS: US$4.07 (vs US$5.21 in 2Q 2021)Second quarter 2022 results: EPS: US$4.07 (down from US$5.21 in 2Q 2021). Revenue: US$4.44b (up 13% from 2Q 2021). Net income: US$799.0m (down 22% from 2Q 2021). Profit margin: 18% (down from 26% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 14% compared to a 25% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Apr 28Upcoming dividend of US$1.80 per shareEligible shareholders must have bought the stock before 05 May 2022. Payment date: 16 May 2022. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 8.3%. Within top quartile of German dividend payers (4.0%). In line with average of industry peers (7.8%).
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Director Vincent Gilles Decalf was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to €38.20, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 74% over the past three years.
Reported Earnings • Feb 18Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: US$19.49 (up from US$3.97 in FY 2020). Revenue: US$16.1b (up 84% from FY 2020). Net income: US$3.83b (up 391% from FY 2020). Profit margin: 24% (up from 8.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.8%. Over the next year, revenue is expected to shrink by 10% compared to a 13% growth forecast for the mining industry in Germany. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 04Third quarter 2021 earnings released: EPS US$6.12 (vs US$0.74 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$4.59b (up 115% from 3Q 2020). Net income: US$1.20b (up US$1.06b from 3Q 2020). Profit margin: 26% (up from 6.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 22Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €37.00, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 60% over the past three years.
Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS US$5.21 (vs US$0.22 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$3.92b (up 125% from 2Q 2020). Net income: US$1.02b (up US$978.1m from 2Q 2020). Profit margin: 26% (up from 2.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
Executive Departure • May 07Independent Director has left the companyOn the 3rd of May, Ubaldo José Aguirre's tenure as Independent Director ended after 15.3 years in the role. We don't have any record of a personal shareholding under Ubaldo's name. Ubaldo is the only executive to leave the company over the last 12 months.
Reported Earnings • Apr 29First quarter 2021 earnings released: EPS US$3.07 (vs US$0.059 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$3.25b (up 43% from 1Q 2020). Net income: US$602.9m (up US$614.5m from 1Q 2020). Profit margin: 19% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Upcoming Dividend • Apr 28Upcoming dividend of US$2.10 per shareEligible shareholders must have bought the stock before 05 May 2021. Payment date: 14 May 2021. Trailing yield: 5.1%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (4.5%).
Reported Earnings • Mar 21Full year 2020 earnings released: EPS US$3.97 (vs US$2.87 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$8.74b (down 14% from FY 2019). Net income: US$778.5m (up 38% from FY 2019). Profit margin: 8.9% (up from 5.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Mar 04New 90-day high: €28.40The company is up 20% from its price of €23.60 on 04 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 55% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €51.90 per share.
Analyst Estimate Surprise Post Earnings • Feb 25Revenue beats expectationsRevenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 23%, compared to a 20% growth forecast for the Metals and Mining industry in Germany.
Reported Earnings • Feb 25Full year 2020 earnings released: EPS US$3.97 (vs US$2.87 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$8.74b (down 14% from FY 2019). Net income: US$778.5m (up 38% from FY 2019). Profit margin: 8.9% (up from 5.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
공지 • Feb 02Ternium S.A. to Report Q4, 2020 Results on Feb 23, 2021Ternium S.A. announced that they will report Q4, 2020 results After-Market on Feb 23, 2021
Is New 90 Day High Low • Jan 08New 90-day high: €26.40The company is up 57% from its price of €16.80 on 09 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 53% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €47.94 per share.
Is New 90 Day High Low • Dec 05New 90-day high: €23.60The company is up 52% from its price of €15.50 on 04 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €46.64 per share.
Is New 90 Day High Low • Nov 09New 90-day high: €18.30The company is up 26% from its price of €14.50 on 11 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €44.00 per share.
Analyst Estimate Surprise Post Earnings • Nov 04Revenue beats expectationsRevenue exceeded analyst estimates by 5.6%. Over the next year, revenue is forecast to stay flat compared to a 8.3% growth forecast for the Metals and Mining industry in Germany.
Reported Earnings • Nov 04Third quarter 2020 earnings released: EPS US$0.74The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: US$2.14b (down 12% from 3Q 2019). Net income: US$145.6m (up 54% from 3Q 2019). Profit margin: 6.8% (up from 3.9% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Oct 16New 90-day high: €17.50The company is up 34% from its price of €13.10 on 17 July 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 €42.67 per share.
공지 • Oct 05Ternium S.A. to Report Q1, 2010 Results on 05/04/2010Ternium S.A. announced that they will report Q1, 2010 results on 05/04/2010
공지 • Aug 16Ternium S.A. to Report Q3, 2020 Results on Nov 03, 2020Ternium S.A. announced that they will report Q3, 2020 results at 5:00 PM, W. Europe Standard Time on Nov 03, 2020