Aperam S.A., through its subsidiaries, engages in the production and sale of stainless and specialty steel products worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||€50.96|
|52 Week High||€22.67|
|52 Week Low||€54.68|
|1 Month Change||0.87%|
|3 Month Change||19.46%|
|1 Year Change||103.76%|
|3 Year Change||28.56%|
|5 Year Change||27.08%|
|Change since IPO||71.35%|
Recent News & Updates
Aperam (AMS:APAM) Seems To Use Debt Rather Sparingly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Slowing Rates Of Return At Aperam (AMS:APAM) Leave Little Room For Excitement
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
|APAM||NL Metals and Mining||NL Market|
Return vs Industry: APAM exceeded the Dutch Metals and Mining industry which returned 26.5% over the past year.
Return vs Market: APAM exceeded the Dutch Market which returned 37.7% over the past year.
Stable Share Price: APAM is not significantly more volatile than the rest of Dutch stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: APAM's weekly volatility (4%) has been stable over the past year.
About the Company
|2010||9,400||Tim Di Maulo||https://www.aperam.com|
Aperam S.A., through its subsidiaries, engages in the production and sale of stainless and specialty steel products worldwide. It operates through three segments: Stainless & Electrical Steel; Services & Solutions; and Alloys & Specialties. The company offers range of stainless steel products, including grain oriented, non-grain oriented, and non-grain oriented semi-processed steel products.
Aperam Fundamentals Summary
|APAM fundamental statistics|
Is APAM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|APAM income statement (TTM)|
|Cost of Revenue||€3.50b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 15, 2021
|Earnings per share (EPS)||5.68|
|Net Profit Margin||10.79%|
How did APAM perform over the long term?See historical performance and comparison
3.4%Current Dividend Yield
Does APAM pay a reliable dividends?See APAM dividend history and benchmarks
|Aperam dividend dates|
|Ex Dividend Date||Nov 12 2021|
|Dividend Pay Date||Dec 09 2021|
|Days until Ex dividend||54 days|
|Days until Dividend pay date||81 days|
Does APAM pay a reliable dividends?See APAM dividend history and benchmarks
Is Aperam undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: APAM (€50.96) is trading below our estimate of fair value (€119.36)
Significantly Below Fair Value: APAM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: APAM is good value based on its PE Ratio (9x) compared to the European Metals and Mining industry average (9.9x).
PE vs Market: APAM is good value based on its PE Ratio (9x) compared to the Dutch market (22.2x).
Price to Earnings Growth Ratio
PEG Ratio: APAM's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: APAM is good value based on its PB Ratio (1.7x) compared to the XE Metals and Mining industry average (1.8x).
How is Aperam forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: APAM's earnings are forecast to decline over the next 3 years (-15.2% per year).
Earnings vs Market: APAM's earnings are forecast to decline over the next 3 years (-15.2% per year).
High Growth Earnings: APAM's earnings are forecast to decline over the next 3 years.
Revenue vs Market: APAM's revenue (1.7% per year) is forecast to grow slower than the Dutch market (9.1% per year).
High Growth Revenue: APAM's revenue (1.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: APAM's Return on Equity is forecast to be low in 3 years time (14.4%).
How has Aperam performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: APAM has high quality earnings.
Growing Profit Margin: APAM's current net profit margins (10.8%) are higher than last year (3%).
Past Earnings Growth Analysis
Earnings Trend: APAM's earnings have declined by 0.2% per year over the past 5 years.
Accelerating Growth: APAM's earnings growth over the past year (291.4%) exceeds its 5-year average (-0.2% per year).
Earnings vs Industry: APAM earnings growth over the past year (291.4%) exceeded the Metals and Mining industry 82.9%.
Return on Equity
High ROE: APAM's Return on Equity (18.6%) is considered low.
How is Aperam's financial position?
Financial Position Analysis
Short Term Liabilities: APAM's short term assets (€2.3B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: APAM's short term assets (€2.3B) exceed its long term liabilities (€692.0M).
Debt to Equity History and Analysis
Debt Level: APAM's debt to equity ratio (14.9%) is considered satisfactory.
Reducing Debt: APAM's debt to equity ratio has reduced from 19% to 14.9% over the past 5 years.
Debt Coverage: APAM's debt is well covered by operating cash flow (110.7%).
Interest Coverage: APAM's interest payments on its debt are well covered by EBIT (75.6x coverage).
What is Aperam current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: APAM's dividend (3.43%) is higher than the bottom 25% of dividend payers in the Dutch market (1.38%).
High Dividend: APAM's dividend (3.43%) is low compared to the top 25% of dividend payers in the Dutch market (4.54%).
Stability and Growth of Payments
Stable Dividend: APAM's dividend payments have been volatile in the past 10 years.
Growing Dividend: APAM's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.8%), APAM's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: APAM's dividends in 3 years are forecast to be well covered by earnings (41.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tim Di Maulo (62 yo)
Mr. Timoteo Di Maulo, also known as Tim, has been the Chief Executive Officer at Aperam S.A. since January 1, 2015 and serves as its Member of The Leadership Team. Mr. Di Maulo has over twenty-five years o...
Experienced Management: APAM's management team is seasoned and experienced (6.4 years average tenure).
Experienced Board: APAM's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Aperam S.A.'s employee growth, exchange listings and data sources
- Name: Aperam S.A.
- Ticker: APAM
- Exchange: ENXTAM
- Founded: 2010
- Industry: Steel
- Sector: Materials
- Market Cap: €4.070b
- Shares outstanding: 79.86m
- Website: https://www.aperam.com
Number of Employees
- Aperam S.A.
- 12C, rue Guillaume Kroll
- Luxembourg City
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/18 17:48|
|End of Day Share Price||2021/09/17 00:00|
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.