Ferroglobe
Market Cap
US$544.7m
Last Updated
2021/04/12 22:33 UTC
Data Sources
Company Financials
Executive Summary
Ferroglobe PLC operates in the silicon and specialty metals industry in the United States, Europe, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and fair value.
Similar Companies
Share Price & News
How has Ferroglobe's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GSM is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 21% a week.
Volatility Over Time: GSM's weekly volatility (21%) has been stable over the past year, but is still higher than 75% of US stocks.
Market Performance
7 Day Return
-13.0%
GSM
-2.8%
US Metals and Mining
0.9%
US Market
1 Year Return
562.7%
GSM
86.9%
US Metals and Mining
57.9%
US Market
Return vs Industry: GSM exceeded the US Metals and Mining industry which returned 90.5% over the past year.
Return vs Market: GSM exceeded the US Market which returned 56.3% over the past year.
Shareholder returns
| GSM | Industry | Market | |
|---|---|---|---|
| 7 Day | -13.0% | -2.8% | 0.9% |
| 30 Day | -11.8% | -3.7% | 2.3% |
| 90 Day | 76.0% | 4.8% | 6.3% |
| 1 Year | 562.7%562.7% | 91.0%86.9% | 60.8%57.9% |
| 3 Year | -71.0%-71.4% | 35.7%26.6% | 64.5%53.9% |
| 5 Year | -66.9%-68.2% | 120.9%101.0% | 120.9%96.4% |
Long-Term Price Volatility Vs. Market
How volatile is Ferroglobe's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Investors Who Bought Ferroglobe (NASDAQ:GSM) Shares A Year Ago Are Now Up 691%2 months ago | Simply Wall St
Do Institutions Own Ferroglobe PLC (NASDAQ:GSM) Shares?3 months ago | Simply Wall St
Ferroglobe (NASDAQ:GSM) Has Debt But No Earnings; Should You Worry?Valuation
Is Ferroglobe undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GSM ($3.67) is trading below our estimate of fair value ($23.88)
Significantly Below Fair Value: GSM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GSM is unprofitable, so we can't compare its PE Ratio to the US Metals and Mining industry average.
PE vs Market: GSM is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GSM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GSM is good value based on its PB Ratio (1.5x) compared to the US Metals and Mining industry average (2.3x).
Future Growth
How is Ferroglobe forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
16.6%
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ferroglobe has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Ferroglobe performed over the past 5 years?
-13.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GSM is currently unprofitable.
Growing Profit Margin: GSM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GSM is unprofitable, and losses have increased over the past 5 years at a rate of 13.1% per year.
Accelerating Growth: Unable to compare GSM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GSM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-5%).
Return on Equity
High ROE: GSM has a negative Return on Equity (-44.81%), as it is currently unprofitable.
Financial Health
How is Ferroglobe's financial position?
Financial Position Analysis
Short Term Liabilities: GSM's short term assets ($633.9M) exceed its short term liabilities ($394.9M).
Long Term Liabilities: GSM's short term assets ($633.9M) exceed its long term liabilities ($575.9M).
Debt to Equity History and Analysis
Debt Level: GSM's debt to equity ratio (125.8%) is considered high.
Reducing Debt: GSM's debt to equity ratio has increased from 32% to 125.8% 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: Whilst unprofitable GSM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GSM is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 19.4% per year.
Dividend
What is Ferroglobe current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GSM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GSM'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 GSM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GSM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: GSM is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GSM's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.2yrs
Average management tenure
CEO
Marco Levi (61 yo)
1.25yrs
Tenure
Mr. Marco Levi has been a Director at Ferroglobe PLC since January 15, 2020 and has been it's Chief Executive Officer since January 10, 2020. He was Chief Executive Officer, Thermission AG from January 201...
Leadership Team
Experienced Management: GSM's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
Experienced Board: GSM's board of directors are considered experienced (4.1 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
Ferroglobe PLC's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ferroglobe PLC
- Ticker: GSM
- Exchange: NasdaqCM
- Founded: 2015
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: US$544.695m
- Shares outstanding: 169.16m
- Website: https://www.ferroglobe.com
Number of Employees
Location
- Ferroglobe PLC
- Lansdowne House
- 2nd Floor
- London
- Greater London
- W1J 6ER
- United Kingdom
Listings
Biography
Ferroglobe PLC operates in the silicon and specialty metals industry in the United States, Europe, and internationally. The company offers silicone chemicals that are used in a range of applications, inclu...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/12 22:33 |
| End of Day Share Price | 2021/04/12 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.