ENXTPA:ERA

Stock Analysis Report

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Executive Summary

ERAMET S.A. operates as a mining and metallurgical company worldwide. More Details


Snowflake Analysis

Moderate growth potential with imperfect balance sheet.


Similar Companies

Share Price & News

How has ERAMET's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ERA's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.5%

ERA

3.7%

FR Metals and Mining

-0.04%

FR Market


1 Year Return

-49.0%

ERA

-29.6%

FR Metals and Mining

-6.4%

FR Market

Return vs Industry: ERA underperformed the French Metals and Mining industry which returned -28.9% over the past year.

Return vs Market: ERA underperformed the French Market which returned -6.6% over the past year.


Shareholder returns

ERAIndustryMarket
7 Day5.5%3.7%-0.04%
30 Day-9.3%-4.5%0.6%
90 Day-18.4%-8.2%-0.03%
1 Year-49.0%-49.0%-29.2%-29.6%-4.3%-6.4%
3 Year-67.2%-68.1%-56.9%-58.4%7.1%-2.2%
5 Year-32.8%-34.6%-16.7%-21.9%31.9%13.8%

Price Volatility Vs. Market

How volatile is ERAMET's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is ERAMET undervalued compared to its fair value and its price relative to the market?

0.84x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: ERA (€23.83) is trading above our estimate of fair value (€10.77)

Significantly Below Fair Value: ERA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ERA is unprofitable, so we can't compare its PE Ratio to the XE Metals and Mining industry average.

PE vs Market: ERA is unprofitable, so we can't compare its PE Ratio to the French market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ERA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ERA is good value based on its PB Ratio (0.8x) compared to the FR Metals and Mining industry average (1.6x).


Next Steps

Future Growth

How is ERAMET forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

89.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ERA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.6%).

Earnings vs Market: ERA is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ERA's is expected to become profitable in the next 3 years.

Revenue vs Market: ERA's revenue (4.8% per year) is forecast to grow slower than the French market (6.7% per year).

High Growth Revenue: ERA's revenue (4.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ERA is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has ERAMET performed over the past 5 years?

19.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ERA is currently unprofitable.

Growing Profit Margin: ERA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ERA is unprofitable, but has reduced losses over the past 5 years at a rate of 19% per year.

Accelerating Growth: Unable to compare ERA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ERA is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-21.3%).


Return on Equity

High ROE: ERA has a negative Return on Equity (-78.21%), as it is currently unprofitable.


Next Steps

Financial Health

How is ERAMET's financial position?


Financial Position Analysis

Short Term Liabilities: ERA's short term assets (€3.8B) exceed its short term liabilities (€1.9B).

Long Term Liabilities: ERA's short term assets (€3.8B) do not cover its long term liabilities (€3.8B).


Debt to Equity History and Analysis

Debt Level: ERA's debt to equity ratio (341.6%) is considered high.

Reducing Debt: ERA's debt to equity ratio has increased from 50.9% to 341.6% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: ERA has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if ERA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is ERAMET current dividend yield, its reliability and sustainability?

0.76%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ERA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ERA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ERA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ERA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ERA is not paying a notable dividend for the French market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ERA's dividend in 3 years as they are not forecast to pay a notable one for the French market.


Next Steps

  • Explore strong dividend paying companies in the Materials industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average management tenure


CEO

Christel Bories (56 yo)

3.42yrs

Tenure

€2,788,340

Compensation

Ms. Christel Bories has been the Chairman and Chief Executive Officer of ERAMET S.A. since May 23, 2017 and its President since June 2018. Ms. Bories served as the Deputy Chief Executive Officer of Ipsen S ...


CEO Compensation Analysis

Compensation vs Market: Christel's total compensation ($USD3.30M) is above average for companies of similar size in the French market ($USD635.57K).

Compensation vs Earnings: Christel's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Christel Bories
Chairman3.42yrs€2.79m0.00038%
€ 2.4k
Thomas Devedjian
Deputy Managing Director in Charge of Finance & Digital4.67yrs€1.01mno data
Philippe Gundermann
Executive Vice President of Strategy2.75yrs€667.23kno data
Jean de L'Hermite
Group General Counsel3.33yrs€442.16kno data
Virginie De Chassey
Executive Vice President of Communication & Sustainable Development2yrs€201.44kno data
Anne-Marie Maignan
Executive Vice President of Human Resources0.75yrno datano data
Marcel Abéké
CEO of Comilog Gabon and Deputy Delegate CEO of the Manganese Divisionno datano datano data
Jérôme Fabre
Deputy Chief Executive Officer of High Performance Alloys Division1.42yrs€735.17kno data
Kléber Silva
Deputy Chief Executive Officer of the Mining & Metals Divisionno data€1.49mno data
Hervé Montégu
Senior Vice President of Lithium Activities1.75yrsno datano data
Joseph Chang
Chairman of Eramet China and Chief Executive Officer of Eramet Chinano datano datano data
P. Vecton
Vice President of Strategyno data€1.12mno data

2.4yrs

Average Tenure

51yo

Average Age

Experienced Management: ERA's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Christel Bories
Chairman3.42yrs€2.79m0.00038%
€ 2.4k
Joseph Chang
Chairman of Eramet China and Chief Executive Officer of Eramet Chinano datano datano data
Claude Tendil
Independent Director7.42yrs€52.50k0.00038%
€ 2.4k
Jean-Yves Gilet
Director8.42yrs€35.00k0.00038%
€ 2.4k
Louis Mapou
Director2.42yrs€18.05k0.00037%
€ 2.3k
Cyrille Duval
Representative Director9.42yrs€84.50k0.023%
€ 143.9k
Yves Rambaud
Honory Chairmanno datano datano data
Manoelle Lepoutre
Independent Director9.42yrs€47.92k0.00038%
€ 2.4k
Daniel Signoret
Board Observer8.25yrsno datano data
Michel Antsélévé
Director7.42yrs€36.65k0.00038%
€ 2.4k
Jean-François Rebatel
Board Observerno datano datano data
Maria Maes
Independent Director4.42yrs€68.50k0.00038%
€ 2.4k

7.4yrs

Average Tenure

64yo

Average Age

Experienced Board: ERA's board of directors are considered experienced (7.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

ERAMET S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ERAMET S.A.
  • Ticker: ERA
  • Exchange: ENXTPA
  • Founded: 1880
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: €630.528m
  • Shares outstanding: 26.46m
  • Website: https://www.eramet.com

Number of Employees


Location

  • ERAMET S.A.
  • 10, Boulevard de Grenelle
  • CS 63205
  • Paris
  • Ile-de-France
  • 75015
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ERMA.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDOct 1994
ERAENXTPA (Euronext Paris)YesOrdinary SharesFREUROct 1994
0MGVLSE (London Stock Exchange)YesOrdinary SharesGBEUROct 1994
ER7DB (Deutsche Boerse AG)YesOrdinary SharesDEEUROct 1994
ERAPBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEUROct 1994
ERMA.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDNov 2008

Biography

ERAMET S.A. operates as a mining and metallurgical company worldwide. The company operates through two divisions, Mining and Metals; and High Performance Alloys. The Mining and Metals division extracts and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 21:28
End of Day Share Price2020/10/20 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.