Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €54.00, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Metals and Mining industry in Europe. Total returns to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €30.57 per share. Price Target Changed • May 20
Price target increased by 15% to €57.99 Up from €50.43, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of €56.50. Stock is up 141% over the past year. The company is forecast to post earnings per share of €4.43 next year compared to a net loss per share of €1.37 last year. Announcement • Apr 24
Salzgitter AG, Annual General Meeting, Jun 03, 2026 Salzgitter AG, Annual General Meeting, Jun 03, 2026, at 10:00 W. Europe Standard Time. Announcement • Feb 11
Salzgitter AG (XTRA:SZG) agreed to acquire Thyrolf & Uhle GmbH. Salzgitter AG (XTRA:SZG) agreed to acquire Thyrolf & Uhle GmbH on February 11, 2026.
The transaction is subject to the fulfillment of the agreed closing conditions, in particular official approvals. Price Target Changed • Jan 07
Price target increased by 10% to €37.83 Up from €34.24, the current price target is an average from 8 analysts. New target price is 19% below last closing price of €46.46. The company is forecast to post a net loss per share of €1.18 next year compared to a net loss per share of €6.51 last year. Price Target Changed • Dec 30
Price target increased by 17% to €34.24 Up from €29.18, the current price target is an average from 8 analysts. New target price is 15% below last closing price of €40.42. The company posted a net loss per share of €6.51 last year. Announcement • Nov 05
Salzgitter AG to Report Q3, 2025 Results on Nov 10, 2025 Salzgitter AG announced that they will report Q3, 2025 results on Nov 10, 2025 Announcement • Oct 02
Salzgitter AG to Report Fiscal Year 2025 Results on Mar 23, 2026 Salzgitter AG announced that they will report fiscal year 2025 results on Mar 23, 2026 Announcement • Aug 01
Name & Mawi Partners agreed to acquire Desma Schuhmaschinen GmbH from Salzgitter AG (XTRA:SZG). Name & Mawi Partners agreed to acquire Desma Schuhmaschinen GmbH from Salzgitter AG (XTRA:SZG) on July 30, 2025.
The transaction is expected to be completed in the autumn of 2025. Announcement • Jul 10
Salzgitter Aktiengesellschaft Receives Material Approval for Secure 500 Protection Steel The Salzgitter Group, together with its subsidiary, Ilsenburger Grobblech GmbH, has received approval from the German Military Technical Center 91 (WTD 91) in accordance with TL (Technical Delivery Conditions) 2350-0000. This officially approved steel grade SECURE 500®? in thicknesses from 6 to 16 mm for military use, for example, in vehicles or protective systems. During intensive testing, weldability and behavior under fire and blast were evaluated, among other aspects. The approval confirms the high quality and reliability of the steel and underlines Salzgitter AG's expertise as a partner for demanding defense applications. Announcement • May 22
Salzgitter AG to Report First Half, 2025 Results on Aug 11, 2025 Salzgitter AG announced that they will report first half, 2025 results on Aug 11, 2025 Announcement • May 13
Salzgitter AG Reaffirms Financial Guidance for the Financial Year 2025 Salzgitter AG reaffirmed financial guidance for the financial year 2025. The company reaffirmed the guidance from March and continue to anticipate sales of between EUR 9.5 billion and EUR 10.0 billion. Announcement • May 06
Salzgitter AG to Report Q1, 2025 Results on May 12, 2025 Salzgitter AG announced that they will report Q1, 2025 results on May 12, 2025 Announcement • Apr 11
Salzgitter AG, Annual General Meeting, May 22, 2025 Salzgitter AG, Annual General Meeting, May 22, 2025, at 10:00 W. Europe Standard Time. Announcement • Mar 23
Salzgitter AG Proposes Dividend Salzgitter AG proposed dividend. The Executive Board and Supervisory Board will put forward a proposal to the Annual General Meeting of Shareholders on May 22, 2025 to distribute dividend of €0.20 per share. Announcement • Jan 24
Gp Günter Papenburg Aktiengesellschaft and TSR Recycling GmbH & Co. KG submitted a non-binding offer to acquire remaining stake in Salzgitter AG (XTRA:SZG) from Lower Saxony (State of) and other shareholders for approximately €730 million. Gp Günter Papenburg Aktiengesellschaft and TSR Recycling GmbH & Co. KG submitted a non-binding offer to acquire remaining stake in Salzgitter AG (XTRA:SZG) from Lower Saxony (State of) and other shareholders for approximately €730 million on January 22, 2025. A cash consideration valued at €18.5 per share will be paid by Gp Günter Papenburg Aktiengesellschaft and TSR Recycling GmbH & Co. KG. The Company is in the process of examining the non-binding offer, including the price indicated. The outcome of the assessment and discussion with the Consortium is open. Reported Earnings • Nov 13
Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2024 results: €3.34 loss per share (down from €0.02 profit in 3Q 2023). Revenue: €2.58b (flat on 3Q 2023). Net loss: €180.3m (down €181.4m from profit in 3Q 2023). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates significantly. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Announcement • Nov 07
Gp Günter Papenburg & TSR Recycling Considers Possible Takeover Bid for Salzgitter AG Salzgitter AG (XTRA:SZG) said on November 4, 2024 that Gp Günter Papenburg Aktiengesellschaft and TSR Recycling GmbH & Co. KG (Italy) is exploring a possible takeover bid. GP Guenter would submit an offer if the consortium secures at least 45% plus one share of Salzgitter’s stock, according to the statement. The range of a possible offer price has not been unveiled. Buy Or Sell Opportunity • Nov 05
Now 35% overvalued after recent price rise Over the last 90 days, the stock has risen 17% to €17.95. The fair value is estimated to be €13.26, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has declined by 28%. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings are also forecast to grow by 64% per annum over the same time period. Announcement • Oct 01
Salzgitter AG to Report Fiscal Year 2024 Results on Mar 21, 2025 Salzgitter AG announced that they will report fiscal year 2024 results on Mar 21, 2025 Reported Earnings • Aug 13
Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2024 results: €0.64 loss per share (down from €0.34 profit in 2Q 2023). Revenue: €2.57b (down 10% from 2Q 2023). Net loss: €34.8m (down 291% from profit in 2Q 2023). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to stay flat during the next 3 years compared to a 1.8% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Price Target Changed • Jul 19
Price target decreased by 7.7% to €22.52 Down from €24.39, the current price target is an average from 9 analysts. New target price is 31% above last closing price of €17.16. Stock is down 41% over the past year. The company is forecast to post earnings per share of €1.80 for next year compared to €3.70 last year. Upcoming Dividend • May 23
Upcoming dividend of €0.45 per share Eligible shareholders must have bought the stock before 30 May 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.6%). New Risk • May 14
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Reported Earnings • Mar 17
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: €3.70 (down from €20.00 in FY 2022). Revenue: €11.5b (down 8.7% from FY 2022). Net income: €200.1m (down 82% from FY 2022). Profit margin: 1.7% (down from 8.6% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.7%. Revenue is expected to decline by 5.4% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to grow by 1.1%. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Mar 15
Salzgitter AG to Report Q2, 2024 Results on Aug 12, 2024 Salzgitter AG announced that they will report Q2, 2024 results on Aug 12, 2024 Buy Or Sell Opportunity • Feb 10
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at €25.64. The fair value is estimated to be €32.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 8.1% in 2 years. Earnings are forecast to decline by 25% in the next 2 years. Reported Earnings • Nov 14
Third quarter 2023 earnings released: EPS: €0.02 (vs €3.01 in 3Q 2022) Third quarter 2023 results: EPS: €0.02 (down from €3.01 in 3Q 2022). Revenue: €2.70b (down 14% from 3Q 2022). Net income: €1.10m (down 99% from 3Q 2022). Profit margin: 0% (down from 5.2% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 4.7% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Nov 14
Salzgitter AG, Annual General Meeting, May 29, 2024 Salzgitter AG, Annual General Meeting, May 29, 2024. Announcement • Sep 01
Salzgitter AG Suspends Earnings Guidance for the 2023 Financial Year Aurubis AG announced that its existing guidance range for the current 2022/23 financial year cannot be maintained; revised definitive guidance was not issued. On the basis of the total number of shares in issue, Salzgitter AG holds a 29.99% interest in Aurubis AG. As this interest is included at equity, the earnings trend of the participartipation in Aurubis AG has a direct bearing on the Salzgitter Group's result for the year and forms a fixed part of the Group's results planning. For this reason, the Executive Board of Salzgitter AG is also suspending its results guidance for the current financial year for the time being and will adjust it accordingly once Aurubis AG has updated its guidance. New Risk • Aug 14
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.2% Last year net profit margin: 9.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 25% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.2% net profit margin). Reported Earnings • Aug 13
Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2023 results: EPS: €0.92 (down from €7.59 in 2Q 2022). Revenue: €3.00b (down 8.7% from 2Q 2022). Net income: €49.8m (down 88% from 2Q 2022). Profit margin: 1.7% (down from 13% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 50%. Revenue is forecast to decline by 5.7% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 19
Upcoming dividend of €1.00 per share at 3.0% yield Eligible shareholders must have bought the stock before 26 May 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 6.3% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.9%). Reported Earnings • May 10
First quarter 2023 earnings released: EPS: €2.57 (vs €6.80 in 1Q 2022) First quarter 2023 results: EPS: €2.57 (down from €6.80 in 1Q 2022). Revenue: €3.17b (down 5.4% from 1Q 2022). Net income: €139.1m (down 62% from 1Q 2022). Profit margin: 4.4% (down from 11% in 1Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to decline by 4.8% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 28
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: €20.00 (up from €10.74 in FY 2021). Revenue: €13.5b (up 39% from FY 2021). Net income: €1.08b (up 86% from FY 2021). Profit margin: 8.0% (up from 5.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.1%. Revenue is expected to fall by 13% p.a. on average during the next 3 years compared to a 1.3% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jan 20
Price target increased to €31.72 Up from €29.25, the current price target is an average from 10 analysts. New target price is 8.3% below last closing price of €34.60. Stock is up 4.0% over the past year. The company is forecast to post earnings per share of €18.73 for next year compared to €10.74 last year. Reported Earnings • Nov 16
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: €3.01 (down from €4.35 in 3Q 2021). Revenue: €3.13b (up 22% from 3Q 2021). Net income: €163.1m (down 31% from 3Q 2021). Profit margin: 5.2% (down from 9.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 52%. Revenue is expected to fall by 17% p.a. on average during the next 3 years compared to a 3.3% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 12
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: €3.01 (down from €4.36 in 3Q 2021). Revenue: €3.20b (up 25% from 3Q 2021). Net income: €163.1m (down 31% from 3Q 2021). Profit margin: 5.1% (down from 9.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 52%. Revenue is expected to fall by 17% p.a. on average during the next 3 years compared to a 3.2% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Oct 08
Salzgitter AG to Report Fiscal Year 2022 Results on Mar 27, 2023 Salzgitter AG announced that they will report fiscal year 2022 results on Mar 27, 2023 Reported Earnings • Aug 12
Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2022 results: EPS: €7.59 (up from €2.82 in 2Q 2021). Revenue: €3.64b (up 55% from 2Q 2021). Net income: €410.5m (up 169% from 2Q 2021). Profit margin: 11% (up from 6.5% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 8.4%. Earnings per share (EPS) exceeded analyst estimates by 33%. Over the next year, revenue is expected to shrink by 9.0% compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jul 08
Price target decreased to €35.47 Down from €38.17, the current price target is an average from 11 analysts. New target price is 58% above last closing price of €22.48. Stock is down 16% over the past year. The company is forecast to post earnings per share of €16.69 for next year compared to €10.74 last year. Upcoming Dividend • May 27
Upcoming dividend of €0.75 per share Eligible shareholders must have bought the stock before 03 June 2022. Payment date: 08 June 2022. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (7.5%). Reported Earnings • May 13
First quarter 2022 earnings: EPS exceeds analyst expectations First quarter 2022 results: EPS: €6.80 (up from €1.38 in 1Q 2021). Revenue: €3.51b (up 68% from 1Q 2021). Net income: €367.6m (up 391% from 1Q 2021). Profit margin: 11% (up from 3.6% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.1%. Over the next year, revenue is forecast to grow 3.5%, compared to a 39% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Price Target Changed • Apr 01
Price target increased to €36.98 Up from €33.78, the current price target is an average from 11 analysts. New target price is 14% below last closing price of €42.88. Stock is up 60% over the past year. The company is forecast to post earnings per share of €8.82 for next year compared to €10.74 last year. Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment improved over the past week After last week's 26% share price gain to €48.06, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 92% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €69.23 per share. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improved over the past week After last week's 18% share price gain to €40.46, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 47% over the past three years. Reported Earnings • Nov 13
Third quarter 2021 earnings released: EPS €4.36 (vs €1.84 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €2.65b (up 63% from 3Q 2020). Net income: €235.5m (up €334.8m from 3Q 2020). Profit margin: 8.9% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improved over the past week After last week's 16% share price gain to €32.32, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total loss to shareholders of 11% over the past three years. Price Target Changed • Aug 17
Price target increased to €31.03 Up from €28.95, the current price target is an average from 14 analysts. New target price is 5.7% below last closing price of €32.90. Stock is up 128% over the past year. Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS €2.82 (vs €1.88 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €2.40b (up 52% from 2Q 2020). Net income: €152.4m (up €253.9m from 2Q 2020). Profit margin: 6.3% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Executive Departure • Jul 01
Chairman of the Group Management Board & CEO Heinz Fuhrmann has left the company On the 30th of June, Heinz Fuhrmann's tenure as Chairman of the Group Management Board & CEO of the company ended after 10.4 years in the role. We don't have any record of a personal shareholding under Heinz's name. Heinz is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 4.67 years. Under Heinz's leadership, the company delivered a total shareholder return of -58%. Reported Earnings • May 13
First quarter 2021 earnings released: EPS €1.38 (vs €0.82 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €2.21b (up 7.7% from 1Q 2020). Net income: €74.9m (up €119.6m from 1Q 2020). Profit margin: 3.4% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Price Target Changed • Apr 16
Price target increased to €25.93 Up from €23.29, the current price target is an average from 12 analysts. New target price is approximately in line with last closing price of €27.02. Stock is up 140% over the past year. Reported Earnings • Mar 16
Full year 2020 earnings released: €5.13 loss per share (vs €4.46 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: €7.44b (down 13% from FY 2019). Net loss: €277.3m (loss widened 15% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 97% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 17
New 90-day high: €23.50 The company is up 61% from its price of €14.63 on 19 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 71% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.40 per share. Price Target Changed • Feb 01
Price target raised to €19.19 Up from €17.67, the current price target is an average from 11 analysts. The new target price is 10% below the current share price of €21.38. As of last close, the stock is up 39% over the past year. Price Target Changed • Jan 22
Price target raised to €17.83 Up from €16.59, the current price target is an average from 12 analysts. The new target price is 21% below the current share price of €22.47. As of last close, the stock is up 45% over the past year. Is New 90 Day High Low • Dec 29
New 90-day high: €21.70 The company is up 52% from its price of €14.23 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 46% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €131 per share. Price Target Changed • Dec 16
Price target raised to €17.13 Up from €15.39, the current price target is an average from 12 analysts. The new target price is 14% below the current share price of €19.86. As of last close, the stock is down 1.2% over the past year. Is New 90 Day High Low • Dec 05
New 90-day high: €18.51 The company is up 34% from its price of €13.84 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 €109 per share. Reported Earnings • Nov 14
Third quarter 2020 earnings released: €1.84 loss per share The company reported a soft third quarter result with weaker revenues and control over expenses, though losses reduced. Third quarter 2020 results: Revenue: €1.63b (down 23% from 3Q 2019). Net loss: €99.3m (loss narrowed 22% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 92% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Nov 14
Earnings beat expectations, revenue disappoints Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 104%. Over the next year, revenue is forecast to grow 9.3%, compared to a 714% growth forecast for the Metals and Mining industry in Germany. Is New 90 Day High Low • Nov 04
New 90-day low: €11.95 The company is down 6.0% from its price of €12.71 on 06 August 2020. The German market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €26.08 per share. Is New 90 Day High Low • Oct 20
New 90-day high: €14.74 The company is up 15% from its price of €12.83 on 22 July 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 up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €39.08 per share. Price Target Changed • Sep 26
Price target raised to €13.57 Up from €12.15, the current price target is an average from 13 analysts. The new target price is close to the current share price of €13.59. As of last close, the stock is down 13% over the past year. Is New 90 Day High Low • Sep 18
New 90-day high: €14.51 The company is up 19% from its price of €12.17 on 19 June 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 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €27.96 per share.