Acerinox SA ACX

Morningstar Rating

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

ACX is trading at a 860% premium.
Price
€9.48
Fair Value
€68.61
Uncertainty
High
1-Star Price
€97.30
5-Star Price
€3.69
Economic Moat
Ntlk
Capital Allocation

Trading Information

Previous Close Price
Day Range
52-Week Range
Bid/Ask
/
Market Cap
Volume/Avg
/

Key Statistics

Price/Earnings (Normalized)
1.73
Price/Sales
0.40
Dividend Yield (Trailing)
6.54%
Dividend Yield (Forward)
6.54%
Total Yield
6.63%

Company Profile

Acerinox SA is a Spain-based stainless steel maker engaged in the manufacture, processing, and marketing of stainless steel products and special alloys. The company operates in two segments; the Stainless steel segment which accounts for the majority of the company's revenue, includes both flat and long stainless steel products, and the High-performance alloys segment includes special alloys with high nickel content. This segment includes all the companies in the VDM Metals subgroup. Geographically the company operates in Spain, the Rest of Europe, America, Africa, Asia, and Others.
Sector
Basic Materials
Industry
Steel
Stock Style Box
Mid Value
Total Number of Employees
8,077

Comparables

Valuation

Metric
ACX
000709
600117
Price/Earnings (Normalized)
1.7338.5472.25
Price/Book Value
0.930.451.85
Price/Sales
0.400.212.50
Price/Cash Flow
7.341.67
Price/Earnings
ACX
000709
600117

Financial Strength

Metric
ACX
000709
600117
Quick Ratio
1.370.330.33
Current Ratio
2.250.510.85
Interest Coverage
1.471.12
Quick Ratio
ACX
000709
600117

Profitability

Metric
ACX
000709
600117
Return on Assets (Normalized)
2.65%0.23%−8.72%
Return on Equity (Normalized)
6.60%1.20%−42.98%
Return on Invested Capital (Normalized)
3.73%2.41%−15.37%
Return on Assets
ACX
000709
600117

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