Acerinox Future Growth

Future criteria checks 4/6

Acerinox is forecast to grow earnings and revenue by 38.9% and 11.7% per annum respectively. EPS is expected to grow by 39.8% per annum. Return on equity is forecast to be 15.8% in 3 years.

Key information

38.9%

Earnings growth rate

39.8%

EPS growth rate

Metals and Mining earnings growth	29.8%
Revenue growth rate	11.7%
Future return on equity	15.8%
Analyst coverage	Good
Last updated	15 Jan 2025

Recent future growth updates

Earnings Miss: Acerinox, S.A. Missed EPS By 9.5% And Analysts Are Revising Their Forecasts

Nov 02

Acerinox, S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Jul 27

Acerinox, S.A. (BME:ACX) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Apr 29

Recent updates

An Intrinsic Calculation For Acerinox, S.A. (BME:ACX) Suggests It's 38% Undervalued

Jan 03

We Think You Can Look Beyond Acerinox's (BME:ACX) Lackluster Earnings

Nov 04

Earnings Miss: Acerinox, S.A. Missed EPS By 9.5% And Analysts Are Revising Their Forecasts

Nov 02

We Think Acerinox (BME:ACX) Is Taking Some Risk With Its Debt

Oct 30

Are Investors Undervaluing Acerinox, S.A. (BME:ACX) By 32%?

Sep 09

Acerinox, S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Jul 27

Is Acerinox (BME:ACX) Using Too Much Debt?

Jun 27

Acerinox, S.A. (BME:ACX) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Apr 29

An Intrinsic Calculation For Acerinox, S.A. (BME:ACX) Suggests It's 33% Undervalued

Sep 07

Is Acerinox (BME:ACX) Using Too Much Debt?

Jul 30

Acerinox, S.A. (BME:ACX) Shares Could Be 24% Below Their Intrinsic Value Estimate

May 27

These 4 Measures Indicate That Acerinox (BME:ACX) Is Using Debt Reasonably Well

Apr 15

A Look At The Fair Value Of Acerinox, S.A. (BME:ACX)

Feb 09

Is Acerinox (BME:ACX) Using Too Much Debt?

Dec 28

Acerinox, S.A. (BME:ACX) Shares Could Be 34% Below Their Intrinsic Value Estimate

Oct 25

Are Investors Undervaluing Acerinox, S.A. (BME:ACX) By 20%?

Jul 25

Acerinox (BME:ACX) Seems To Use Debt Quite Sensibly

Jun 14

Should You Or Shouldn't You: A Dividend Analysis on Acerinox, S.A. (BME:ACX)

Apr 11

Acerinox's (BME:ACX) Solid Earnings Have Been Accounted For Conservatively

Mar 06

Does Acerinox (BME:ACX) Have A Healthy Balance Sheet?

Feb 20

What Type Of Shareholders Make Up Acerinox, S.A.'s (BME:ACX) Share Registry?

Jan 27

Acerinox's (BME:ACX) Stock Price Has Reduced 22% In The Past Three Years

Jan 07

Should You Buy Acerinox, S.A. (BME:ACX) For Its Dividend?

Dec 16

Don't Race Out To Buy Acerinox, S.A. (BME:ACX) Just Because It's Going Ex-Dividend

Nov 25

We Think Acerinox (BME:ACX) Is Taking Some Risk With Its Debt

Nov 18

Earnings and Revenue Growth Forecasts

BME:ACX - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	7,709	407	274	499	3
12/31/2026	7,212	381	331	487	11
12/31/2025	6,444	286	287	414	11
12/31/2024	5,348	242	203	403	12
9/30/2024	5,625	42	292	463	N/A
6/30/2024	5,869	65	667	824	N/A
3/31/2024	6,315	145	521	688	N/A
12/31/2023	6,616	228	307	481	N/A
9/30/2023	6,799	163	552	738	N/A
6/30/2023	7,421	225	205	391	N/A
3/31/2023	8,211	426	293	451	N/A
12/31/2022	8,716	556	407	544	N/A
9/30/2022	8,935	940	118	231	N/A
6/30/2022	8,464	978	260	357	N/A
3/31/2022	7,554	760	344	439	N/A
12/31/2021	6,708	572	286	388	N/A
9/30/2021	5,989	391	347	438	N/A
6/30/2021	5,406	250	352	453	N/A
3/31/2021	4,953	99	373	480	N/A
12/31/2020	4,671	49	319	421	N/A
9/30/2020	4,551	-142	181	308	N/A
6/30/2020	4,651	-127	200	330	N/A
3/31/2020	4,718	-65	N/A	N/A	N/A
12/31/2019	4,761	-60	213	359	N/A
9/30/2019	4,818	129	242	387	N/A
6/30/2019	4,880	168	147	299	N/A
3/31/2019	4,977	212	N/A	N/A	N/A
12/31/2018	5,029	237	180	326	N/A
9/30/2018	5,005	298	150	295	N/A
6/30/2018	4,789	221	N/A	430	N/A
3/31/2018	4,645	194	N/A	N/A	N/A
12/31/2017	4,644	234	N/A	366	N/A
9/30/2017	4,571	193	N/A	343	N/A
6/30/2017	4,509	222	N/A	181	N/A
3/31/2017	4,274	187	N/A	301	N/A
12/31/2016	3,975	80	N/A	269	N/A
9/30/2016	3,839	32	N/A	244	N/A
6/30/2016	3,828	-12	N/A	315	N/A
3/31/2016	4,049	4	N/A	263	N/A
12/31/2015	4,240	43	N/A	17	N/A
9/30/2015	4,417	58	N/A	N/A	N/A
6/30/2015	4,544	124	N/A	170	N/A
3/31/2015	4,517	142	N/A	66	N/A
12/31/2014	4,396	136	N/A	50	N/A
9/30/2014	4,263	149	N/A	144	N/A
6/30/2014	4,095	82	N/A	92	N/A
3/31/2014	3,994	32	N/A	176	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ACX's forecast earnings growth (38.9% per year) is above the savings rate (1.8%).

Earnings vs Market: ACX's earnings (38.9% per year) are forecast to grow faster than the Spanish market (8.3% per year).

High Growth Earnings: ACX's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ACX's revenue (11.7% per year) is forecast to grow faster than the Spanish market (4.9% per year).

High Growth Revenue: ACX's revenue (11.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ACX's Return on Equity is forecast to be low in 3 years time (15.8%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/18 00:12
End of Day Share Price	2025/01/17 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

Acerinox, S.A. is covered by 46 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.

Acerinox Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 14%, revenue downgraded

Earnings Miss: Acerinox, S.A. Missed EPS By 9.5% And Analysts Are Revising Their Forecasts

Acerinox, S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Acerinox, S.A. (BME:ACX) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Consensus EPS estimates increase by 12%

Consensus EPS estimates increase by 13%, revenue downgraded

Recent updates

Acerinox, S.A. to Report Q1, 2025 Results on May 08, 2025

Upcoming dividend of €0.25 per share

Acerinox, S.A. to Report Q4, 2024 Results on Feb 28, 2025

An Intrinsic Calculation For Acerinox, S.A. (BME:ACX) Suggests It's 38% Undervalued

We Think You Can Look Beyond Acerinox's (BME:ACX) Lackluster Earnings

Consensus EPS estimates increase by 14%, revenue downgraded

Earnings Miss: Acerinox, S.A. Missed EPS By 9.5% And Analysts Are Revising Their Forecasts

Third quarter 2024 earnings: EPS misses analyst expectations

We Think Acerinox (BME:ACX) Is Taking Some Risk With Its Debt

Worldwide Stainless Sdn. Bhd, agreed to acquire Bahru Stainless, Sdn. Bhd. from Acerinox, S.A. (BME:ACX) for $95 million.

Are Investors Undervaluing Acerinox, S.A. (BME:ACX) By 32%?

Acerinox, S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of €0.25 per share

Is Acerinox (BME:ACX) Using Too Much Debt?

Acerinox, S.A. (BME:ACX) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus EPS estimates increase by 12%

A Piece Of The Puzzle Missing From Acerinox, S.A.'s (BME:ACX) Share Price

Acerinox, S.A., Annual General Meeting, Apr 19, 2024

Acerinox, S.A., Annual General Meeting, Apr 19, 2024

Consensus EPS estimates increase by 13%, revenue downgraded

Consensus EPS estimates fall by 16%

Full year 2023 earnings: EPS misses analyst expectations

Upcoming dividend of €0.25 per share at 5.9% yield

Acerinox, S.A. to Report Q1, 2024 Results on Apr 24, 2024

These 4 Measures Indicate That Acerinox (BME:ACX) Is Using Debt Extensively

Calculating The Fair Value Of Acerinox, S.A. (BME:ACX)

Third quarter 2023 earnings: EPS misses analyst expectations

These 4 Measures Indicate That Acerinox (BME:ACX) Is Using Debt Extensively

Does This Valuation Of Acerinox, S.A. (BME:ACX) Imply Investors Are Overpaying?

Second quarter 2023 earnings: EPS exceeds analyst expectations

Upcoming dividend of €0.24 per share at 6.2% yield

Acerinox, S.A. (BME:ACX) announces an Equity Buyback for 213,000 shares, representing 0.08% for €2.56 million.

Consensus EPS estimates increase by 15%, revenue downgraded

These 4 Measures Indicate That Acerinox (BME:ACX) Is Using Debt Reasonably Well

Does This Valuation Of Acerinox, S.A. (BME:ACX) Imply Investors Are Overpaying?

Full year 2022 earnings released: EPS: €2.16 (vs €2.12 in FY 2021)

Insufficient new directors

Upcoming dividend of €0.24 per share

Acerinox, S.A. to Report Q3, 2023 Results on Nov 03, 2023

Are Acerinox, S.A. (BME:ACX) Investors Paying Above The Intrinsic Value?

We Think Acerinox (BME:ACX) Can Stay On Top Of Its Debt

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

An Intrinsic Calculation For Acerinox, S.A. (BME:ACX) Suggests It's 33% Undervalued

Is Acerinox (BME:ACX) Using Too Much Debt?

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Investor sentiment deteriorated over the past week

Upcoming dividend of €0.41 per share

Acerinox and Aperam Reportedly Studying A Merger

Now 20% undervalued

Acerinox, S.A. (BME:ACX) Shares Could Be 24% Below Their Intrinsic Value Estimate

Consensus EPS estimates increase by 13%

These 4 Measures Indicate That Acerinox (BME:ACX) Is Using Debt Reasonably Well

Investor sentiment deteriorated over the past week

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

A Look At The Fair Value Of Acerinox, S.A. (BME:ACX)

Acerinox, S.A. to Report Fiscal Year 2021 Results on Feb 28, 2022

Is Acerinox (BME:ACX) Using Too Much Debt?

Third quarter 2021 earnings released: EPS €0.63 (vs €0.10 in 3Q 2020)

Acerinox, S.A. (BME:ACX) Shares Could Be 34% Below Their Intrinsic Value Estimate

Second quarter 2021 earnings released: EPS €0.46 (vs €0.16 loss in 2Q 2020)

Are Investors Undervaluing Acerinox, S.A. (BME:ACX) By 20%?

Consensus EPS estimates increase to €1.43

Consensus EPS estimates increase to €1.33

Consensus EPS estimates increase to €1.14

Investor sentiment deteriorated over the past week

An unknown buyer acquired 7.9% stake of Acerinox, S.A. (BME:ACX) from Nippon Steel Corporation (TSE:5401).

Acerinox (BME:ACX) Seems To Use Debt Quite Sensibly