Buy Or Sell Opportunity • Jun 25
Now 20% undervalued Over the last 90 days, the stock has risen 25% to €187. The fair value is estimated to be €235, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 50%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to decline by 47% in the next 2 years. New Risk • Jun 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 28% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (6.3% average weekly change). Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €184, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Metals and Mining industry in Europe. Total returns to shareholders of 137% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €273 per share. Buy Or Sell Opportunity • Jun 04
Now 20% undervalued Over the last 90 days, the stock has risen 32% to €219. The fair value is estimated to be €274, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 50%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to decline by 48% in the next 2 years. Reported Earnings • May 12
Second quarter 2026 earnings released: EPS: €18.34 (vs €3.73 in 2Q 2025) Second quarter 2026 results: EPS: €18.34 (up from €3.73 in 2Q 2025). Revenue: €6.05b (up 21% from 2Q 2025). Net income: €479.0m (up 194% from 2Q 2025). Profit margin: 7.9% (up from 3.3% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Metals and Mining industry in Europe. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €177, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total returns to shareholders of 141% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €188 per share. Buy Or Sell Opportunity • Mar 13
Now 22% undervalued Over the last 90 days, the stock has risen 29% to €156. The fair value is estimated to be €199, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 35%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to decline by 32% in the next 2 years. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €164, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Metals and Mining industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €203 per share. Tillkännagivande • Feb 08
Aurubis AG Revises Earnings Guidance for the Fiscal Year 2025-26 Aurubis AG revised earnings guidance for the fiscal year 2025-26. For the year, the company expects operating EBT to between EUR 375 million and EUR 475 million. The previous range was EUR 300 million to EUR 400. Upcoming Dividend • Feb 06
Upcoming dividend of €1.60 per share Eligible shareholders must have bought the stock before 13 February 2026. Payment date: 17 February 2026. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Italian dividend payers (4.7%). Lower than average of industry peers (2.3%). Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to €184, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 12x in the Metals and Mining industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €211 per share. Buy Or Sell Opportunity • Jan 15
Now 22% undervalued Over the last 90 days, the stock has risen 28% to €147. The fair value is estimated to be €187, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are forecast to decline by 4.6% per annum over the same time period. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to €160, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €207 per share. New Risk • Dec 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 9.8% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (5.5% average weekly change). Tillkännagivande • Dec 08
Aurubis AG, Annual General Meeting, Feb 12, 2026 Aurubis AG, Annual General Meeting, Feb 12, 2026. New Risk • Dec 08
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 15% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Dec 05
Full year 2025 earnings released: EPS: €5.97 (vs €9.53 in FY 2024) Full year 2025 results: EPS: €5.97 (down from €9.53 in FY 2024). Revenue: €18.2b (up 5.7% from FY 2024). Net income: €261.0m (down 37% from FY 2024). Profit margin: 1.4% (down from 2.4% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Metals and Mining industry in Europe. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €125, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €126 per share. Buy Or Sell Opportunity • Oct 16
Now 20% undervalued Over the last 90 days, the stock has risen 16% to €107. The fair value is estimated to be €134, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 2.7%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to decline by 48% in the next 2 years. Tillkännagivande • Oct 10
Aurubis Ag Approves Modified Dividend Policy Aurubis AG approved a modified dividend policy October 7, 2025. The dividend policy stipulates a targeted payout ratio of up to 30 % of the Group’s operating consolidated net income after taxes, starting in the 2025/26 fiscal year. The payout ratio for fiscal year 2023/24 was 20 % of operating consolidated net income after taxes. For the past 2024/25 fiscal year, which management considers to have been marked by increased investment in strategic projects, a divergent payout ratio of 25 % of the Group’s operating consolidated net income after taxes is being targeted. The dividend policy reflects management’s current objectives. Subject to the company’s business development, market conditions, and potential growth investment opportunities, the Executive Board and Supervisory Board reserve the right to propose a dividend to shareholders at the Annual General Meeting that may deviate from the established policy. Any final dividend requires shareholder approval at the Annual General Meeting. Tillkännagivande • Sep 26
Aurubis Ag Announces First U.S Multimetal Recycling Plant Starts Production of Strategic Metals Aurubis AG has achieved an important strategic milestone: With the ramp-up of its new U.S site Aurubis Richmond, the company will be producing key strategic metals such as copper, nickel, tin, and precious metals in the state of Georgia. These are crucial for the future of the American economy and are essential for expanding data centers and AI applications, and for energy infrastructure, high-tech products, and the defense industry. The demand for strategic metals such as copper is rising steadily worldwide: American industry alone currently needs about 1.8 million t of copper per year -- and experts estimate that demand will rise nearly 30 % in the next five years. As of now, the U.S imports about half of the copper it processes. Multimetal recycling can close this gap quickly: As the first and most technologically advanced secondary smelter, Aurubis Richmond reinforces the independence of American supply chains by processing complex recycling materials. Participants at today's "First Melt" celebration included Rick W. Allen, U.S Representative for Georgia's 12th District, Jens Hanefeld, German Ambassador to the United States, and a number of high-profile guests from politics and business. The plant will process up to 180,000 t of complex recycling material annually -- with the expansion stage starting in 2026 -- including printed circuit boards, copper cable, and other metal-bearing products. Aurubis Richmond recovers critical metals from these materials, closing the value chain on site. Because it will be supplied locally, the Aurubis plant will help keep valuable raw materials in the market. The new plant in Richmond is equipped with cutting-edge technology that fulfills the latest environmental standards enacted by the state of Georgia and federal authorities. This ensures that the plant is operated with the highest consideration for water, air and soil. Aurubis Richmond has also been designed as a flexible "one-stop shop" that will receive a broad range of metal-bearing recycling materials from U.S suppliers. Tillkännagivande • Aug 09
Aurubis AG to Report Fiscal Year 2026 Results on Dec 02, 2026 Aurubis AG announced that they will report fiscal year 2026 results at 10:00 PM, Central European Standard Time on Dec 02, 2026 Reported Earnings • May 13
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: €4.96b (up 14% from 2Q 2024). Net loss: €81.0m (down 199% from profit in 2Q 2024). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to €71.15, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €51.37 per share. Upcoming Dividend • Mar 28
Upcoming dividend of €1.50 per share Eligible shareholders must have bought the stock before 04 April 2025. Payment date: 08 April 2025. Payout ratio is a comfortable 11% and the cash payout ratio is 80%. Trailing yield: 1.7%. Lower than top quartile of Italian dividend payers (5.5%). Lower than average of industry peers (3.9%). 
