Latest news with #ANIOY
Yahoo
23-05-2025
- Business
- Yahoo
Should Value Investors Buy Acerinox (ANIOY) Stock?
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels. In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment. One stock to keep an eye on is Acerinox (ANIOY). ANIOY is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock holds a P/E ratio of 8.76, while its industry has an average P/E of 10.63. Over the past year, ANIOY's Forward P/E has been as high as 10.71 and as low as 6.73, with a median of 8.48. Investors should also recognize that ANIOY has a P/B ratio of 1. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 1.62. ANIOY's P/B has been as high as 1.14 and as low as 0.82, with a median of 0.92, over the past year. These figures are just a handful of the metrics value investors tend to look at, but they help show that Acerinox is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, ANIOY feels like a great value stock at the moment. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Acerinox (ANIOY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
09-05-2025
- Business
- Yahoo
Acerinox SA (ANIOY) Q1 2025 Earnings Call Highlights: Resilient Performance Amid Market Challenges
EBITDA: EUR102 million for Q1 2025, demonstrating resilience in a challenging business climate. Cash Flow: EUR99 million generated in Q1 2025, with a 29% increase in production. Net Debt: EUR1.2 billion, with a slight increase of EUR75 million due to strong cash flow and a dividend payment of EUR77 million. Production Increase: 29% overall, with an 80% increase in Europe. Working Capital: Reduced by EUR6 million despite increased production. CapEx: EUR57 million, reflecting an expansion phase. Free Cash Flow: EUR42 million for the quarter. Dividend Payment: EUR0.31 per share in January, with the next payment in July. Order Book: Solid order book in both stainless steel and high-performance alloys (HPA). Warning! GuruFocus has detected 4 Warning Sign with ANIOY. Release Date: May 08, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Acerinox SA (ANIOY) reported a strong EBITDA of EUR 102 million in a challenging business climate, demonstrating resilience. The company generated EUR 99 million in cash flow during the quarter, despite a 29% increase in production. Acerinox SA (ANIOY) successfully reduced working capital by EUR 6 million, showcasing effective management. The company has a solid order book, particularly in the United States, indicating strong future performance. Acerinox SA (ANIOY) is focusing on geographical diversification, producing on three continents, which mitigates exposure to regional recessions. Profits were below Q1 2024 levels, partly due to market corrections and tariff-related uncertainties. The European market remains weak with low prices and no signs of demand reactivation. Net debt increased by EUR 75 million, influenced by dividend payments, CapEx, and currency conversion effects. The chemical process industries are experiencing delays in capital investments due to market uncertainties. The company faces ongoing challenges from imports gaining market share in the United States. Q: Could you share more details on the progress of the strategic plan in Europe, particularly regarding profitability in Q1 and the breakeven target for Q2? A: The strategic plan is progressing well, focusing on end-user business and added value products. While we initially expected to reach breakeven by the end of Q2, the current pricing situation has postponed this target slightly. However, we are close to achieving it. - Bernardo Velazquez Herreros, CEO Q: How did Haynes contribute to Q1 results, and do you expect an improvement in the aerospace supply chain disruptions in the second half? A: Haynes is expected to contribute more significantly in the second semester, especially in aerospace and oil and gas sectors. The disruptions from last year are improving, and we anticipate stable deliveries in the second half. - Miguel Ferrandis, Chief Corporate Officer Q: Can you comment on the recent order activity and demand in the US market, and the expected operational support in the coming quarters? A: In the US, we see better activity in consumer goods than in capital goods, with a solid order book in cold rolled products. While price increases are not currently planned, the market stability is favorable for our operations. - Bernardo Velazquez Herreros, CEO Q: What is the impact of tariffs on raw materials, and how are customers responding to higher surcharges? A: The impact of tariffs on raw materials is minimal, as key materials like ferrochrome and local scrap are not affected. Any cost increases related to raw materials will be passed on to customers through alloy surcharges. - Bernardo Velazquez Herreros, CEO Q: What are the current capacity utilization rates in the US and Europe, and how do you see them trending in Q2? A: In Europe, capacity utilization is around 74-75%, while in the US, it is slightly below 90%. We expect a gradual increase in productivity, particularly in the US, where the market dynamics are favorable. - Miguel Ferrandis, Chief Corporate Officer For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
