How does ERAP's PS Ratio compare to its peers?

ERAP is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (1.1x).

How does ERAP's PS Ratio compare vs other companies in the GB Metals and Mining Industry?

ERAP is good value based on its Price-To-Sales Ratio (0.4x) compared to the UK Metals and Mining industry average (2x).

What is ERAP's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate ERAP's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of ERAP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

ERAP (€51.05) is trading above our estimate of [[fair value]] (€48.92)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

ERAMET (BATS-CHIXE:ERAP) - Stock Price, News & Analysis

ERAP Stock Overview

Operates as a mining and metallurgical company in France, Asia, Europe, North America, and internationally. More details

ERAP fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	0/6
Financial Health	4/6
Dividends	1/6

Rewards

Earnings are forecast to grow 69.87% per year

Risk Analysis

Dividend of 2.99% is not well covered by earnings or free cash flows

Shares are highly illiquid

ERAMET S.A. Competitors

Kenmare Resources

LSE:KMR

UK£306.1m

Griffin Mining

AIM:GFM

UK£260.3m

Capital

LSE:CAPD

UK£162.1m

Metals Exploration

AIM:MTL

UK£99.4m

Price History & Performance

Summary of all time highs, changes and price drops for ERAMET
Historical stock prices
Current Share Price	€51.05
52 Week High	€105.30
52 Week Low	€50.25
Beta	1.46
11 Month Change	-4.89%
3 Month Change	-29.00%
1 Year Change	n/a
33 Year Change	-26.49%
5 Year Change	27.53%
Change since IPO	-47.65%

Recent updates

Shareholder Returns

	ERAP	GB Metals and Mining	GB Market
7D	0%	-0.6%	1.7%
1Y	n/a	-5.4%	9.0%

Return vs Industry: Insufficient data to determine how ERAP performed against the UK Metals and Mining industry.

Return vs Market: Insufficient data to determine how ERAP performed against the UK Market.

Price Volatility

Is ERAP's price volatile compared to industry and market?
ERAP volatility
ERAP Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	7.7%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.4%
10% least volatile stocks in GB Market	2.6%

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

Volatility Over Time: Insufficient data to determine ERAP's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1880	9,150	Christel Bories	www.eramet.com/en

ERAMET S.A. operates as a mining and metallurgical company in France, Asia, Europe, North America, and internationally. The company extracts and processes manganese ore and nickel ore; and extracts and develops mineral sands. It also produces ferronickel, nickel pig iron, briquettes, nickel salts, high purity nickel, nickel ferroalloys, and alloy steel and casting; manganese alloys, such as high-carbon ferromanganese, silicomanganese, low and medium-carbon ferromanganese, and low-carbon silicomanganese for use in batteries, pigments, construction, and automotive industries; and mineral sands, such as titanium dioxide, high-purity pig iron, zircon, and ilmenite used in ceramics and pigments.

ERAMET S.A. Fundamentals Summary

How do ERAMET's earnings and revenue compare to its market cap?
ERAP fundamental statistics
Market cap	€1.43b
Earnings (TTM)	-€22.00m
Revenue (TTM)	€3.20b

0.4x

P/S Ratio

-64.9x

P/E Ratio

Is ERAP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ERAP income statement (TTM)
Revenue	€3.20b
Cost of Revenue	€1.04b
Gross Profit	€2.16b
Other Expenses	€2.18b
Earnings	-€22.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Feb 19, 2025

Earnings per share (EPS)	-0.77
Gross Margin	67.51%
Net Profit Margin	-0.69%
Debt/Equity Ratio	89.8%

How did ERAP perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

-195%

Payout Ratio

ERAP Stock Overview

Rewards

Risk Analysis

ERAMET S.A. Competitors

LSE:KMR

UK£306.1m

AIM:GFM

UK£260.3m

LSE:CAPD

UK£162.1m

AIM:MTL

UK£99.4m

Price History & Performance

Recent News & Updates

ERAMET S.A. (ENXTPA:ERA) acquired 49.90% stake in Eramine Sud America S.A. from Tsingshan Holding Group Co., Ltd. for approximately $700 million.

ERAMET S.A. (ENXTPA:ERA) acquired 49.90% stake in Eramine Sud America S.A. from Tsingshan Holding Group Co., Ltd. for approximately $700 million.

ERAMET S.A. to Report Fiscal Year 2024 Results on Feb 19, 2025

ERAMET S.A. Approves Dividend Distribution for the Fiscal Year 2023, Payable on June 6, 2024

Dividend reduced to €1.50

Investor sentiment improves as stock rises 19%

Recent updates

ERAMET S.A. (ENXTPA:ERA) acquired 49.90% stake in Eramine Sud America S.A. from Tsingshan Holding Group Co., Ltd. for approximately $700 million.

ERAMET S.A. (ENXTPA:ERA) acquired 49.90% stake in Eramine Sud America S.A. from Tsingshan Holding Group Co., Ltd. for approximately $700 million.

ERAMET S.A. to Report Fiscal Year 2024 Results on Feb 19, 2025

ERAMET S.A. Approves Dividend Distribution for the Fiscal Year 2023, Payable on June 6, 2024

Dividend reduced to €1.50

Investor sentiment improves as stock rises 19%

ERAMET S.A., Annual General Meeting, May 30, 2024

ERAMET S.A. Announces Executive Changes

ERAMET S.A. to Report First Half, 2024 Results on Jul 25, 2024

ERAMET S.A. to Report Fiscal Year 2023 Results on Feb 21, 2024

INEOS Enterprises Group Limited completed the acquisition of TiZir Titanium & Iron A/S from ERAMET S.A. (ENXTPA:ERA).

Investor sentiment deteriorates as stock falls 21%

First half 2023 earnings released: EPS: €2.95 (vs €23.99 in 1H 2022)

An unknown buyer made an offer to acquire TiZir Titanium & Iron A/S from ERAMET S.A. (ENXTPA:ERA) for an enterprise value of approximately $250 million.

Syntagma Capital SPRL completed the acquisition of ERASTEEL S.A.S from ERAMET S.A. (ENXTPA:ERA).

ERAMET S.A. Approves the Distribution in Respect of the 2022 Financial Year, Payable on 30 May 2023

Full year 2022 earnings released: EPS: €31.25 (vs €25.34 in FY 2021)

Investor sentiment improves as stock rises 17%

ERAMET S.A., Annual General Meeting, May 23, 2023

ERAMET S.A. to Report Q1, 2023 Results on Apr 27, 2023

First half 2022 earnings released

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Eramet S.A. Approves Dividend Per Share in Respect of the 2021 Financial Year, Payment from 7 June 2022

Full year 2021 earnings released: EPS: €25.34 (vs €6.00 loss in FY 2020)

Investor sentiment improved over the past week

ERAMET S.A. Announces Executive Changes

Eramet S.A. Announces Proposal of Dividend

ERAMET S.A., Annual General Meeting, May 31, 2022

ERAMET S.A. Provides Production Guidance for the Year 2022

Full year 2020 earnings released: €25.47 loss per share (vs €6.94 loss in FY 2019)

Revenue beats expectations

Full year 2020 earnings released: €25.46 loss per share (vs €6.94 loss in FY 2019)

ERAMET S.A., Annual General Meeting, May 28, 2021

New 90-day high: €51.18

New 90-day high: €43.01

BASF and Eramet Partner to Assess the Development of A Nickel-Cobalt Refining Complex to Supply Growing Electric Vehicle Market

New 90-day high: €40.27

ERAMET S.A. Announces Board Changes

Eramet Suspends Earnings Guidance for the Year 2020

Shareholder Returns

Price Volatility

About the Company

ERAMET S.A. Fundamentals Summary

0.4x

-64.9x

Earnings & Revenue

Dividends

3.0%

-195%