Aperam Future Growth

Future criteria checks 1/6

Aperam is forecast to grow earnings and revenue by 8.5% and 5.8% per annum respectively. EPS is expected to grow by 4.3% per annum. Return on equity is forecast to be 8.2% in 3 years.

Key information

8.5%

Earnings growth rate

4.3%

EPS growth rate

Metals and Mining earnings growth	28.9%
Revenue growth rate	5.8%
Future return on equity	8.2%
Analyst coverage	Good
Last updated	19 Dec 2024

Recent future growth updates

Aperam S.A. (AMS:APAM) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Aug 04

Analyst Estimates: Here's What Brokers Think Of Aperam S.A. (AMS:APAM) After Its First-Quarter Report

May 08

Recent updates

Aperam S.A. (AMS:APAM) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Aug 04

Aperam (AMS:APAM) Is Carrying A Fair Bit Of Debt

Jul 01

Take Care Before Diving Into The Deep End On Aperam S.A. (AMS:APAM)

Jun 04

Analyst Estimates: Here's What Brokers Think Of Aperam S.A. (AMS:APAM) After Its First-Quarter Report

May 08

It's Unlikely That Aperam S.A.'s (AMS:APAM) CEO Will See A Huge Pay Rise This Year

Apr 24

Capital Allocation Trends At Aperam (AMS:APAM) Aren't Ideal

Apr 04

We Think That There Are More Issues For Aperam (AMS:APAM) Than Just Sluggish Earnings

Feb 16

Aperam (AMS:APAM) Has A Somewhat Strained Balance Sheet

Jan 10

Market Still Lacking Some Conviction On Aperam S.A. (AMS:APAM)

Dec 20

Are Investors Undervaluing Aperam S.A. (AMS:APAM) By 50%?

Oct 19

These 4 Measures Indicate That Aperam (AMS:APAM) Is Using Debt Extensively

Sep 26

We Like These Underlying Return On Capital Trends At Aperam (AMS:APAM)

Jul 26

Aperam (AMS:APAM) Seems To Use Debt Quite Sensibly

Jun 15

Is Aperam S.A. (AMS:APAM) Trading At A 48% Discount?

May 25

Aperam (AMS:APAM) Could Become A Multi-Bagger

Apr 04

Aperam (AMS:APAM) Has A Pretty Healthy Balance Sheet

Mar 13

An Intrinsic Calculation For Aperam S.A. (AMS:APAM) Suggests It's 40% Undervalued

Feb 12

Need To Know: Analysts Are Much More Bullish On Aperam S.A. (AMS:APAM) Revenues

Dec 15

Investors Should Be Encouraged By Aperam's (AMS:APAM) Returns On Capital

Dec 04

Aperam (AMS:APAM) Seems To Use Debt Quite Sensibly

Nov 08

Aperam's (AMS:APAM) Upcoming Dividend Will Be Larger Than Last Year's

Oct 11

Aperam (AMS:APAM) Is Increasing Its Dividend To €0.425

Aug 22

Aperam's (AMS:APAM) Upcoming Dividend Will Be Larger Than Last Year's

Aug 08

Aperam (AMS:APAM) Has A Pretty Healthy Balance Sheet

Aug 02

Aperam (AMS:APAM) Is Paying Out A Larger Dividend Than Last Year

Jul 15

Aperam (AMS:APAM) Is Achieving High Returns On Its Capital

Jun 26

Aperam (AMS:APAM) Is Increasing Its Dividend To €0.42

Jun 05

Earnings and Revenue Growth Forecasts

ENXTAM:APAM - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	7,220	315	221	470	9
12/31/2025	6,778	235	189	424	9
12/31/2024	6,335	200	99	264	8
9/30/2024	6,335	289	198	426	N/A
6/30/2024	6,305	68	54	345	N/A
3/31/2024	6,373	52	-56	272	N/A
12/31/2023	6,592	203	170	471	N/A
9/30/2023	6,657	133	21	362	N/A
6/30/2023	7,012	296	365	677	N/A
3/31/2023	7,767	570	535	837	N/A
12/31/2022	8,156	625	346	642	N/A
9/30/2022	7,936	1,063	437	652	N/A
6/30/2022	7,375	1,143	317	495	N/A
3/31/2022	6,190	1,039	235	387	N/A
12/31/2021	5,102	968	398	550	N/A
9/30/2021	4,622	631	324	437	N/A
6/30/2021	4,206	454	290	404	N/A
3/31/2021	3,752	262	236	346	N/A
12/31/2020	3,624	175	194	303	N/A
9/30/2020	3,708	103	217	359	N/A
6/30/2020	3,839	116	206	352	N/A
3/31/2020	4,111	152	243	392	N/A
12/31/2019	4,240	148	249	400	N/A
9/30/2019	4,360	168	172	326	N/A
6/30/2019	4,511	203	143	320	N/A
3/31/2019	4,639	226	132	324	N/A
12/31/2018	4,677	286	103	295	N/A
9/30/2018	4,531	331	211	406	N/A
6/30/2018	4,566	321	N/A	404	N/A
3/31/2018	4,118	290	N/A	376	N/A
12/31/2017	4,481	320	N/A	374	N/A
9/30/2017	4,062	252	N/A	315	N/A
6/30/2017	4,162	262	N/A	346	N/A
3/31/2017	4,185	242	N/A	380	N/A
12/31/2016	4,052	203	N/A	396	N/A
9/30/2016	3,822	168	N/A	377	N/A
6/30/2016	3,954	149	N/A	347	N/A
3/31/2016	3,981	157	N/A	308	N/A
12/31/2015	4,342	158	N/A	361	N/A
9/30/2015	4,414	142	N/A	297	N/A
6/30/2015	4,638	133	N/A	297	N/A
3/31/2015	4,976	110	N/A	279	N/A
12/31/2014	4,529	78	N/A	198	N/A
9/30/2014	4,336	27	N/A	218	N/A
6/30/2014	3,888	-4	N/A	166	N/A
3/31/2014	3,807	-38	N/A	155	N/A
12/31/2013	3,718	-73	N/A	148	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: APAM's forecast earnings growth (8.5% per year) is above the savings rate (1.2%).

Earnings vs Market: APAM's earnings (8.5% per year) are forecast to grow slower than the Dutch market (15.7% per year).

High Growth Earnings: APAM's earnings are forecast to grow, but not significantly.

Revenue vs Market: APAM's revenue (5.8% per year) is forecast to grow slower than the Dutch market (8.8% per year).

High Growth Revenue: APAM's revenue (5.8% 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 (8.2%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 00:43
End of Day Share Price	2024/12/20 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

Aperam S.A. is covered by 25 analysts. 9 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
Robert Jan Vos	ABN AMRO Bank N.V.
Alexandre Leroy	Banco BPI, S.A.
Tom Zhang	Barclays

Aperam Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 130%, revenue downgraded

Consensus EPS estimates increase by 15%, revenue downgraded

Aperam S.A. (AMS:APAM) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Consensus EPS estimates fall by 35%

Analyst Estimates: Here's What Brokers Think Of Aperam S.A. (AMS:APAM) After Its First-Quarter Report

Consensus EPS estimates fall by 12%

Recent updates

Lacklustre Performance Is Driving Aperam S.A.'s (AMS:APAM) Low P/E

Aperam S.A. to Report Q1, 2025 Results on Apr 30, 2025

Aperam S.A. to Report Q3, 2025 Results on Nov 07, 2025

Aperam S.A. to Report Q4, 2024 Results on Feb 07, 2025

Aperam (AMS:APAM) Shareholders Should Be Cautious Despite Solid Earnings

Consensus EPS estimates increase by 130%, revenue downgraded

Upcoming dividend of €0.42 per share

Calculating The Fair Value Of Aperam S.A. (AMS:APAM)

Aperam S.A. (ENXTAM:APAM) entered into a definitive agreement to acquire Universal Stainless & Alloy Products, Inc. (NasdaqGS:USAP) for approximately $440 million.

Aperam S.A. (AMS:APAM) Might Not Be As Mispriced As It Looks

Dividend of €0.42 announced

Upcoming dividend of €0.42 per share

Consensus EPS estimates increase by 15%, revenue downgraded

Aperam S.A. (AMS:APAM) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Second quarter 2024 earnings released: EPS: €0.82 (vs €0.60 in 2Q 2023)

New minor risk - Shareholder dilution

Aperam (AMS:APAM) Is Carrying A Fair Bit Of Debt

Take Care Before Diving Into The Deep End On Aperam S.A. (AMS:APAM)

Dividend of €0.42 announced

Consensus EPS estimates fall by 35%

Analyst Estimates: Here's What Brokers Think Of Aperam S.A. (AMS:APAM) After Its First-Quarter Report

First quarter 2024 earnings released: €0.26 loss per share (vs €1.83 profit in 1Q 2023)

It's Unlikely That Aperam S.A.'s (AMS:APAM) CEO Will See A Huge Pay Rise This Year

Consensus EPS estimates fall by 12%

Capital Allocation Trends At Aperam (AMS:APAM) Aren't Ideal

Consensus EPS estimates increase by 13%

Consensus EPS estimates fall by 11%

Consensus EPS estimates fall by 11%

Dividend of €0.42 announced

Upcoming dividend of €0.42 per share

We Think That There Are More Issues For Aperam (AMS:APAM) Than Just Sluggish Earnings

Fourth quarter dividend of €0.42 announced

Full year 2023 earnings: EPS exceeds analyst expectations

Aperam (AMS:APAM) Has A Somewhat Strained Balance Sheet

Aperam S.A. to Report Q4, 2023 Results on Feb 09, 2024

Market Still Lacking Some Conviction On Aperam S.A. (AMS:APAM)

Insufficient new directors

Consensus EPS estimates fall by 13%

New minor risk - Earnings quality

Third quarter 2023 earnings released: €0.58 loss per share (vs €1.62 profit in 3Q 2022)

Now 22% undervalued after recent price drop

Are Investors Undervaluing Aperam S.A. (AMS:APAM) By 50%?

Consensus EPS estimates fall by 12%

Consensus EPS estimates fall by 20%

Price target decreased by 7.0% to €30.28

Aperam Launches Its New Sustainability Brand for All Its Near-Zero Footprint Premium Products, Related Services and Solutions - Aperam infinite

These 4 Measures Indicate That Aperam (AMS:APAM) Is Using Debt Extensively

Consensus EPS estimates fall by 14%

Upcoming dividend of €0.42 per share at 7.3% yield

Consensus EPS estimates fall by 15%

Second quarter 2023 earnings released: EPS: €0.60 (vs €4.19 in 2Q 2022)

We Like These Underlying Return On Capital Trends At Aperam (AMS:APAM)

Consensus EPS estimates fall by 13%

Now 23% undervalued after recent price drop

Aperam (AMS:APAM) Seems To Use Debt Quite Sensibly

Is Aperam S.A. (AMS:APAM) Trading At A 48% Discount?

Upcoming dividend of €0.42 per share at 6.1% yield

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Aperam (AMS:APAM) Could Become A Multi-Bagger

Full year 2022 earnings: EPS and revenues miss analyst expectations

Aperam (AMS:APAM) Has A Pretty Healthy Balance Sheet

Upcoming dividend of €0.42 per share at 5.3% yield

An Intrinsic Calculation For Aperam S.A. (AMS:APAM) Suggests It's 40% Undervalued

Full year 2022 earnings: EPS and revenues miss analyst expectations

Aperam S.A. to Report Q4, 2022 Results on Feb 10, 2023

Price target increased by 9.1% to €37.96

Need To Know: Analysts Are Much More Bullish On Aperam S.A. (AMS:APAM) Revenues

Aperam S.A., Annual General Meeting, May 02, 2023

Investors Should Be Encouraged By Aperam's (AMS:APAM) Returns On Capital