FXM Stock Overview

Through its interest in VALE, operates as a mining company in the production of iron ore and pellets, and nickel in Brazil. More details

FXM fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	3/6
Financial Health	6/6
Dividends	5/6

Rewards

Trading at 51% below our estimate of its fair value

Revenue is forecast to grow 43.81% per year

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 3.6% per year for the next 3 years

Volatile share price over the past 3 months compared to the German market

Does not have meaningful revenue (R$16M)

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

Bradespar S.A. Competitors

Eisen- und Hüttenwerke

DB:EIS

€211.2m

Mongolian Mining

SEHK:975

HK$8.0b

Sto SE KGaA

XTRA:STO3

€687.6m

AlzChem Group

XTRA:ACT

€592.3m

Price History & Performance

Summary of share price highs, lows and changes for Bradespar
Historical stock prices
Current Share Price	R$2.36
52 Week High	R$4.76
52 Week Low	R$2.36
Beta	0.78
1 Month Change	-16.90%
3 Month Change	-23.87%
1 Year Change	-47.56%
3 Year Change	-31.79%
5 Year Change	-66.68%
Change since IPO	-6.06%

Recent updates

Shareholder Returns

	FXM	DE Metals and Mining	DE Market
7D	-11.3%	-5.4%	-1.4%
1Y	-47.6%	-23.3%	8.0%

Return vs Industry: FXM underperformed the German Metals and Mining industry which returned -23.3% over the past year.

Return vs Market: FXM underperformed the German Market which returned 8% over the past year.

Price Volatility

Is FXM's price volatile compared to industry and market?
FXM volatility
FXM Average Weekly Movement	9.2%
Metals and Mining Industry Average Movement	11.9%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.9%
10% least volatile stocks in DE Market	2.5%

Stable Share Price: FXM's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: FXM's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
1942	n/a	Fernando Buso Gomes	www.bradespar.com.br

Bradespar S.A., through its interest in VALE, operates as a mining company in the production of iron ore and pellets, and nickel in Brazil. The company also produces copper, thermal and metallurgical coal, manganese, platinum group metals, gold, silver, and cobalt, as well as raw materials for the steel industry with applications in the stainless-steel industry, and metal alloys used in the production of various products. In addition, it operates logistics systems, including railways, ports, and terminals, as well as engages in energy generation business.

Bradespar S.A. Fundamentals Summary

How do Bradespar's earnings and revenue compare to its market cap?
FXM fundamental statistics
Market cap	€1.04b
Earnings (TTM)	€283.05m
Revenue (TTM)	€2.49m

3.5x

P/E Ratio

400.9x

P/S Ratio

Is FXM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FXM income statement (TTM)
Revenue	R$15.86m
Cost of Revenue	R$0
Gross Profit	R$15.86m
Other Expenses	-R$1.79b
Earnings	R$1.80b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Mar 25, 2025

Earnings per share (EPS)	4.59
Gross Margin	100.00%
Net Profit Margin	11,372.32%
Debt/Equity Ratio	0%

How did FXM perform over the long term?

See historical performance and comparison

Dividends

11.7%

Current Dividend Yield

41%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 01:47
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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Bradespar S.A. is covered by 10 analysts. 2 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
Leonardo Correa	Barclays
Caio Ribeiro	BofA Global Research
Carlos Firetti	Bradesco S.A. Corretora de Títulos e Valores Mobiliários

Bradespar DB:FXM Stock Report