Subscribe

Aperam S.A. (APAM.AS)

EUR47.38 +0.20 (+0.42%)
LU AMS Basic Materials Steel
Address 24-26 Boulevard d’Avranches 1160
Luxembourg, LU
CEO Sudhakar Sivaji
Website aperam.com
IPO 2011-01-26
ISIN LU0569974404

Explore sections of this company profile

Also trades on Euronext Amsterdam · APAM.AS (EUR) Other OTC · APEMY (USD) Other OTC · APMSF (USD)
Description

Aperam S.A., together with its subsidiaries, produces and sells stainless steel and alloy products worldwide. The company operates through four segments: Stainless & Electrical Steel; Services & Solutions; Alloys & Specialties; and Recycling & Renewables. The company offers a range of stainless steel, flat stainless and electrical steel, and special carbon products. It also produces specialty grades alloys and specialties. In addition, the company engages in tubes business, as well as provision of value added and customized steel solutions. Further, it collects, trades, processes, and recycles stainless steel scrap and high-performance alloys. The company serves aerospace, automotive, construction, medical, and oil and gas industries. It distributes its products through a network of steel service centers, transformation facilities, and sales offices. The company was incorporated in 2010 and is headquartered in Luxembourg, Luxembourg.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
EUR47.38 +0.20 (+0.42%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
166.3K
Beta
1.81
Float Shares
42.28M
Free Float %
58.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.22% -4.17% +15.93% +11.27% +48.31% +31.73% +72.82% +40.75% +0.43% +38.90% +56.09%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
47.38
DCF (Unlevered) 9.90 -79.1%
DCF (Levered) 27.61 -41.7%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 36% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 3 0
Hold 6 -1
Sell 0 0
Strong Sell 1 0
Quality scores
Altman Z-Score
2.51
Grey zone
Piotroski F-Score
6 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • ✗
    Revenue growth Steel: +1.2%
    -2.8% Q1'26: -5.0% (vs Q1'25)
  • ✗
    EPS growth Steel: +17.4%
    -96.2% Q1'26: +116.4% (vs Q1'25)
  • ✓
    FCF margin FCF growth · Steel: +44.2%
    +5.1% Q1'26: -2.6% (vs Q1'25)
  • ✗
    EBIT margin Steel: +5.8%
    -0.2% Q1'26: +2.2% (vs Q1'25)
  • ✗
    ROIC Steel: +4.3%
    -0.2% Q1'26: +1.9% (vs Q1'25)
  • ✗
    Share dilution Steel: +0.0%
    +0.4% Q1'26: +0.4% (vs Q1'25)
  • ✗
    Debt / EBITDA Net debt/EBITDA · Steel: 0.57×
    5.21× Q1'26: 3.59× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.80) × ERP
WACC = 73% × Ke + 27% × Kd (4.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 9.86 Current price: 47.38
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2011
actual 		Dec 2012
actual 		Dec 2013
actual 		Dec 2014
actual 		Dec 2015
actual 		Dec 2016
actual 		Dec 2017
actual 		Dec 2018
actual 		Dec 2019
actual 		Dec 2020
actual 		Dec 2021
actual 		Dec 2022
actual 		Dec 2023
actual 		Dec 2024
actual 		Dec 2025
actual 		Dec 2026
10 Rev. Ana.
8 EPS Ana. 		Dec 2027
10 Rev. Ana.
8 EPS Ana. 		Dec 2028
4 Rev. Ana.
7 EPS Ana. 		Dec 2029
5 Rev. Ana.
6 EPS Ana. 		Dec 2030
5 Rev. Ana.
6 EPS Ana.
Revenue
4.90B
est: 4.84B (+1.2%)
3.98B
est: 3.97B (+0.2%)
3.71B
est: 3.89B (-4.7%)
4.51B
est: 4.98B (-9.4%)
4.31B
est: 4.44B (-2.8%)
4.06B
est: 4.04B (+0.4%)
4.21B
est: 4.04B (+4.2%)
4.68B
est: 4.72B (-0.9%)
4.24B
est: 4.25B (-0.1%)
3.62B
est: 3.67B (-1.4%)
5.10B
est: 5.18B (-1.4%)
8.16B
est: 8.31B (-1.8%)
6.59B
est: 6.62B (-0.5%)
6.26B
est: 6.30B (-0.6%)
6.08B
est: 6.16B (-1.2%)
6.65B
5.90B – 7.64B
+8.0% YoY
7.23B
6.31B – 8.77B
+8.8% YoY
7.54B
6.63B – 8.92B
+4.3% YoY
8.44B
7.42B – 9.97B
+11.9% YoY
8.63B
7.58B – 10.19B
+2.2% YoY
EBITDA
196.30M
est: 266.01M (-26.2%)
153.37M
est: 57.87M (+165.0%)
180.77M
est: 53.35M (+238.8%)
373.35M
est: 44.36M (+741.7%)
417.08M
est: 176.77M (+136.0%)
444.77M
est: 283.80M (+56.7%)
534.61M
est: 349.45M (+53.0%)
504.00M
est: 553.05M (-8.9%)
362.00M
est: 460.96M (-21.5%)
392.00M
est: 283.37M (+38.3%)
1.20B
est: 330.08M (+263.6%)
959.00M
est: 376.93M (+154.4%)
366.00M
est: 414.71M (-11.7%)
354.00M
est: 640.08M (-44.7%)
250.00M
est: 622.97M (-59.9%)
672.83M
596.90M – 773.11M
+8.0% YoY
732.17M
638.40M – 887.06M
+8.8% YoY
763.58M
671.34M – 902.25M
+4.3% YoY
854.16M
750.99M – 1.01B
+11.9% YoY
873.09M
767.63M – 1.03B
+2.2% YoY
EBIT
-26.23M
est: 81.37M (-132.2%)
-76.37M
est: 26.59M (-387.2%)
-37.66M
est: -78.56M (+52.1%)
173.52M
est: -10.61M (+1,735.4%)
257.93M
est: 230.50M (+11.9%)
286.57M
est: 257.40M (+11.3%)
382.11M
est: 264.38M (+44.5%)
361.00M
est: 469.67M (-23.1%)
212.00M
est: 328.22M (-35.4%)
247.00M
est: 162.05M (+52.4%)
1.05B
est: 188.76M (+458.4%)
775.00M
est: 215.55M (+259.5%)
162.00M
est: 237.15M (-31.7%)
125.00M
est: 436.00M (-71.3%)
-9.00M
est: 424.35M (-102.1%)
458.32M
406.59M – 526.62M
+8.0% YoY
498.74M
434.86M – 604.24M
+8.8% YoY
520.13M
457.30M – 614.59M
+4.3% YoY
581.83M
511.55M – 687.50M
+11.9% YoY
594.72M
522.89M – 702.73M
+2.2% YoY
Net Income
-46.29M
est: 90.99M (-150.9%)
-81.66M
est: -35.38M (-130.8%)
-72.42M
est: -84.74M (+14.5%)
78.12M
est: -96.26M (+181.2%)
157.32M
est: 73.98M (+112.7%)
203.48M
est: 141.90M (+43.4%)
300.91M
est: 178.48M (+68.6%)
286.00M
est: 376.68M (-24.1%)
148.00M
est: 260.03M (-43.1%)
175.00M
est: 125.57M (+39.4%)
968.00M
est: 146.26M (+561.8%)
625.00M
est: 167.02M (+274.2%)
203.00M
est: 183.76M (+10.5%)
231.00M
est: 251.42M (-8.1%)
9.00M
est: 9.49M (-5.1%)
147.82M
127.65M – 170.20M
+1,458.5% YoY
298.94M
232.92M – 417.56M
+102.2% YoY
370.22M
312.09M – 457.63M
+23.8% YoY
329.54M
277.80M – 407.34M
-11.0% YoY
341.23M
287.65M – 421.79M
+3.5% YoY
SGA
201.37M
est: 224.98M (-10.5%)
180.72M
est: 154.07M (+17.3%)
165.11M
est: 182.42M (-9.5%)
198.19M
est: 219.49M (-9.7%)
181.10M
est: 187.67M (-3.5%)
183.51M
est: 148.50M (+23.6%)
182.55M
est: 145.95M (+25.1%)
210.00M
est: 207.17M (+1.4%)
190.00M
est: 172.75M (+10.0%)
169.00M
est: 144.23M (+17.2%)
191.00M
est: 168.00M (+13.7%)
108.00M
est: 191.85M (-43.7%)
109.00M
est: 211.08M (-48.4%)
284.00M
est: 167.42M (+69.6%)
120.00M
est: 162.94M (-26.4%)
175.99M
156.13M – 202.21M
+8.0% YoY
191.51M
166.98M – 232.02M
+8.8% YoY
199.72M
175.60M – 235.99M
+4.3% YoY
223.41M
196.43M – 263.99M
+11.9% YoY
228.36M
200.78M – 269.84M
+2.2% YoY
EPS
-0.59
est: -0.09 (-548.4%)
-1.05
est: -0.86 (-22.6%)
-0.93
est: -0.56 (-66.1%)
1.00
est: 0.94 (+6.5%)
2.02
est: 1.99 (+1.7%)
2.61
est: 2.44 (+6.8%)
4.00
est: 3.04 (+31.5%)
3.21
est: 3.05 (+5.1%)
1.82
est: 1.81 (+0.6%)
2.19
est: 1.40 (+56.0%)
12.22
est: 8.65 (+41.2%)
8.33
est: 9.53 (-12.6%)
2.81
est: 1.82 (+54.1%)
3.20
est: 3.47 (-7.7%)
0.12
est: 0.13 (-7.6%)
2.02
1.75 – 2.33
+1,458.5% YoY
4.09
3.19 – 5.71
+102.2% YoY
5.07
4.27 – 6.26
+23.8% YoY
4.51
3.80 – 5.57
-11.0% YoY
4.67
3.94 – 5.77
+3.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 B+ 3/5 4/5 3/5 4/5 2/5 1/5 4/5
2026-05-08 B+ 3/5 4/5 3/5 4/5 2/5 1/5 4/5
2026-05-07 B+ 3/5 4/5 3/5 4/5 2/5 1/5 4/5
2026-05-06 B+ 3/5 4/5 3/5 4/5 2/5 1/5 4/5
2026-05-05 B+ 3/5 4/5 3/5 4/5 2/5 1/5 4/5
2026-05-04 B+ 3/5 4/5 3/5 4/5 2/5 1/5 4/5
2026-04-30 B 3/5 4/5 3/5 4/5 1/5 1/5 4/5
2026-04-29 B 3/5 4/5 3/5 4/5 1/5 1/5 4/5
2026-04-28 B 3/5 4/5 3/5 4/5 1/5 1/5 4/5
2026-04-27 B 3/5 4/5 3/5 4/5 1/5 1/5 4/5
2026-04-24 B+ 3/5 4/5 3/5 5/5 1/5 1/5 4/5
2026-04-23 B+ 3/5 4/5 3/5 5/5 1/5 1/5 4/5
2026-04-22 B+ 3/5 4/5 3/5 5/5 1/5 1/5 4/5
2026-04-21 B+ 3/5 4/5 3/5 5/5 1/5 1/5 4/5
2026-04-20 B+ 3/5 4/5 3/5 5/5 1/5 1/5 4/5
2026-04-17 B+ 3/5 4/5 3/5 5/5 1/5 1/5 4/5
2026-04-16 B+ 3/5 4/5 3/5 5/5 1/5 1/5 4/5
2026-04-15 B+ 3/5 4/5 3/5 5/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
308.70M
OE per share TTM
4.25
Owner's Yield
8.86%
Maintenance CapEx ratio
1,900.55%
Maint CapEx / Avg PPE
32.6%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-692.00
Shares Outstanding
72.34M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Sudhakar Sivaji Chief Executive Officer 2M male
Frederic Mattei Chief Executive Officer of Alloys & Specialties and Chief Innovation Officer — male
Frederico Ayres Lima Chief Executive Officer of Stainless and Services & Solutions Europe — male
Geert Verbeeck Chief Executive Officer of Electrical Steel Europe & Chief Technology and Information Officer — male
Jan Hofmann Chief Executive Officer of Recycling & CEO of Services and Solutions Americas — male
Nicolas Changeur Chief Financial Officer — male
Rodrigo Villela Chief Executive Officer of Aperam South America and Renewables — male
Bert Lyssens Chief Human Resources Officer & Chief Sustainability Officer — male
Vanisha Mittal Bhatia Chief Strategy Officer — female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

Related companies

Largest companies in Steel