Acerinox Past Earnings Performance

Past criteria checks 1/6

Acerinox has been growing earnings at an average annual rate of 18.5%, while the Metals and Mining industry saw earnings growing at 13.6% annually. Revenues have been growing at an average rate of 8.5% per year. Acerinox's return on equity is 1.2%, and it has net margins of 0.7%.

Key information

18.5%

Earnings growth rate

19.5%

EPS growth rate

Metals and Mining Industry Growth	29.2%
Revenue growth rate	8.5%
Return on equity	1.2%
Net Margin	0.7%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Acerinox makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:ACE Revenue, expenses and earnings (EUR Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	5,625	42	655
30 Jun 24	5,869	65	646
31 Mar 24	6,315	145	655
31 Dec 23	6,616	228	655
30 Sep 23	6,799	163	669
30 Jun 23	7,421	225	661
31 Mar 23	8,211	426	669
31 Dec 22	8,716	556	669
30 Sep 22	8,935	940	605
30 Jun 22	8,464	978	640
31 Mar 22	7,554	760	605
31 Dec 21	6,708	572	605
30 Sep 21	5,989	391	517
30 Jun 21	5,406	250	558
31 Mar 21	4,953	99	517
31 Dec 20	4,671	49	517
30 Sep 20	4,551	-142	461
30 Jun 20	4,651	-127	502
31 Mar 20	4,718	-65	461
31 Dec 19	4,761	-60	461
30 Sep 19	4,818	129	407
30 Jun 19	4,880	168	420
31 Mar 19	4,977	212	407
31 Dec 18	5,029	237	407
30 Sep 18	5,005	298	402
30 Jun 18	4,789	221	401
31 Mar 18	4,645	194	402
31 Dec 17	4,644	234	402
30 Sep 17	4,571	193	383
30 Jun 17	4,509	222	398
31 Mar 17	4,274	187	383
31 Dec 16	3,975	80	383
30 Sep 16	3,839	32	378
30 Jun 16	3,828	-12	374
31 Mar 16	4,049	4	378
31 Dec 15	4,240	43	378
30 Sep 15	4,417	58	355
30 Jun 15	4,544	124	367
31 Mar 15	4,517	142	355
31 Dec 14	4,396	136	355
30 Sep 14	4,263	149	352
30 Jun 14	4,095	82	358
31 Mar 14	3,994	32	361
31 Dec 13	4,006	22	361

Quality Earnings: ACE has a large one-off loss of €176.9M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: ACE's current net profit margins (0.7%) are lower than last year (2.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ACE's earnings have grown by 18.5% per year over the past 5 years.

Accelerating Growth: ACE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ACE had negative earnings growth (-74.2%) over the past year, making it difficult to compare to the Metals and Mining industry average (-7.1%).

Return on Equity

High ROE: ACE's Return on Equity (1.2%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 12:58
End of Day Share Price	2024/12/19 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Acerinox, S.A. is covered by 44 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
César Sánchez-Grande Bergon	Ahorro Corporación
Pierre-Yves Gauthier	AlphaValue
Bruno Bessa	Banco BPI, S.A.