Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM P/E Multiple | 13.5x - 15.0x | 14.3x |
| Selected Fwd P/E Multiple | 8.6x - 9.5x | 9.0x |
| Fair Value | €85.70 - €94.72 | €90.21 |
| Upside | -17.5% - -8.8% | -13.1% |
| Benchmarks | - | Full Ticker |
| Commercial Metals Company | - | NYSE:CMC |
| Nucor Corporation | - | NYSE:NUE |
| Reliance, Inc. | - | NYSE:RS |
| Alcoa Corporation | - | NYSE:AA |
| ArcelorMittal S.A. | - | OTCPK:AMSY.F |
| Steel Dynamics, Inc. | - | DB:SD5 |
| - | - | - |
| Select Price / LTM EPS Ratio | ||||||||
| Benchmark Companies | ||||||||
| CMC | NUE | RS | AA | AMSY.F | SD5 | |||
| NYSE:CMC | NYSE:NUE | NYSE:RS | NYSE:AA | OTCPK:AMSY.F | DB:SD5 | |||
| Historical Net Income Growth | ||||||||
| 5Y CAGR | 19.6% | 9.8% | 4.5% | NM- | NM- | 18.0% | ||
| 3Y CAGR | 5.5% | -33.3% | -14.8% | -49.3% | -55.3% | -21.8% | ||
| Latest Twelve Months | -93.5% | -62.2% | -35.2% | 279.8% | 519.3% | -48.3% | ||
| Historical Net Income Profit Margin | ||||||||
| 5 Year Average Margin | 7.5% | 13.1% | 8.3% | -0.4% | 7.3% | 12.6% | ||
| Prior Fiscal Year | 9.8% | 13.0% | 9.0% | -6.2% | 1.3% | 13.0% | ||
| Latest Fiscal Year | 6.1% | 6.6% | 6.3% | 0.5% | 2.1% | 8.8% | ||
| Latest Twelve Months | 0.5% | 4.2% | 5.4% | 7.7% | 4.1% | 6.1% | ||
| Current Trading Multiples | ||||||||
| EV / LTM EBITDA | 9.5x | 10.5x | 12.5x | 3.2x | 5.3x | 11.9x | ||
| Price / LTM Sales | 0.8x | 1.0x | 1.1x | 0.6x | 0.4x | 1.1x | ||
| LTM P/E Ratio | 164.3x | 24.9x | 20.3x | 7.9x | 10.2x | 17.5x | ||
| Low | Mid | High | ||||||
| Benchmark LTM P/E Ratio | 7.9x | 20.3x | 164.3x | |||||
| Historical LTM P/E Ratio | 4.0x | 7.2x | 16.0x | |||||
| Selected P/E Multiple | 13.5x | 14.3x | 15.0x | |||||
| (x) LTM Net Income | 1,041 | 1,041 | 1,041 | |||||
| (=) Equity Value | 14,105 | 14,847 | 15,590 | |||||
| (/) Shares Outstanding | 148.5 | 148.5 | 148.5 | |||||
| Implied Value Range | 95.01 | 100.01 | 105.01 | |||||
| FX Rate: USD/EUR | 1.2 | 1.2 | 1.2 | Market Price | ||||
| Implied Value Range (Trading Cur) | 81.61 | 85.90 | 90.20 | 103.84 | ||||
| Upside / (Downside) | -21.4% | -17.3% | -13.1% | |||||
| Equity Value | |||||||
| Benchmark Companies | |||||||
| (in millions) | CMC | NUE | RS | AA | AMSY.F | SD5 | |
| Value of Common Equity | 6,046 | 32,070 | 14,991 | 7,812 | 23,579 | 17,948 | |
| (/) Shares Outstanding | 111.9 | 230.8 | 52.6 | 258.9 | 760.5 | 148.5 | |
| Implied Stock Price | 54.02 | 138.98 | 285.03 | 30.17 | 31.00 | 120.90 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.16 | |
| Implied Stock Price (Trading Cur) | 54.02 | 138.98 | 285.03 | 30.17 | 31.00 | 103.84 | |
| Trading Currency | USD | USD | USD | USD | USD | EUR | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.16 | |