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Befesa S.A. (BFSA.DE)

EUR34.15 +1.70 (+5.24%)
DE XETRA Basic Materials Industrial Materials
Address 68-70, Boulevard de la Pétrusse 2320
Luxembourg, BY, DE
CEO Asier Zarraonandia Ayo
Website befesa.com
IPO 2017-12-29
ISIN LU1704650164

Explore sections of this company profile

Also trades on Deutsche Börse · BFSA.DE (EUR) London Stock Exchange · 0RVK.L (EUR) Other OTC · BFSAF (USD)
Description

Befesa S.A. offers environmental recycling services to the steel and aluminum industries in the European, Asian, and North American markets. It operates in two segments, Steel Dust Recycling Services and Aluminium Salt Slags Recycling Services. The Steel Dust Recycling Services segment collects and recycles crude steel dust and other steel residues generated in the production of crude, stainless, and galvanized steel; sells waelz oxide to zinc smelters; and treats crude steel dust. The Aluminium Salt Slags Recycling Services segment recycles salt slags; spent pot linings, a hazardous residue generated by primary aluminum producers; and recovers and sells salt, aluminum concentrate, and aluminum oxides. This segment also collects and recycles aluminum scrap and other aluminum residues, such as aluminum dross, shavings, cuttings, and aluminum concentrates; and produces secondary aluminum alloys for automotive and construction industries. The company also provides logistics, and waelz oxide and aluminum waste treatment services, as well as develops projects and technology. Befesa S.A. was founded in 1987 and is based in Luxembourg, Luxembourg.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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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
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR34.15 +1.70 (+5.24%)
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Volume Profile
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Liquidity & share structure
Average Volume
59.2K
Beta
1.76
Float Shares
35.65M
Free Float %
89.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-2.30% -1.30% -0.58% +5.09% +22.22% +13.65% +22.66% -13.45% -43.44% +7.18% +7.18%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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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
34.15
DCF (Unlevered) 16.37 -52.1%
DCF (Levered) 14.96 -56.2%

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) 78% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 6 0
Hold 2 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.68
Distress
Piotroski F-Score
7 / 9
Strong
MOAT Score
5 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
3 / 5
Medium
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • ✗
    Revenue growth Industrial Materials: +4.8%
    -4.6% Q1'26: -7.5% (vs Q1'25)
  • ✓
    EPS growth Industrial Materials: +16.2%
    +58.3% ★ Q1'26: +10.6% (vs Q1'25)
  • ✓
    FCF margin FCF growth · Industrial Materials: +3.3%
    +7.1% ★ Q1'26: +1.9% (vs Q1'25)
  • ✗
    EBIT margin Industrial Materials: +3.1%
    +12.1% ★ Q1'26: +13.1% (vs Q1'25)
  • ✗
    ROIC Industrial Materials: +2.2%
    +7.5% ★ Q1'26: +7.6% (vs Q1'25)
  • ✓
    Share dilution Industrial Materials: -0.2%
    +0.0% ★ Q1'26: +0.0% (vs Q1'25)
  • ✗
    Debt / EBITDA Net debt/EBITDA · Industrial Materials: 0.52×
    3.07× Q1'26: 4.65× (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 (1.74) × ERP
WACC = 67% × Ke + 33% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 16.21 Current price: 34.15
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 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
6 Rev. Ana.
5 EPS Ana. 		Dec 2027
9 Rev. Ana.
6 EPS Ana. 		Dec 2028
7 Rev. Ana.
6 EPS Ana. 		Dec 2029
3 Rev. Ana.
4 EPS Ana.
Revenue
724.79M
est: 724.98M (0.0%)
720.09M
est: 713.73M (+0.9%)
647.94M
est: 662.71M (-2.2%)
604.33M
est: 568.99M (+6.2%)
821.61M
est: 830.56M (-1.1%)
1.14B
est: 1.11B (+2.6%)
1.18B
est: 1.19B (-0.5%)
1.24B
est: 1.24B (-0.3%)
1.18B
est: 1.24B (-4.9%)
1.32B
1.26B – 1.47B
+6.2% YoY
1.40B
1.26B – 1.64B
+5.8% YoY
1.41B
1.40B – 1.41B
+0.8% YoY
1.36B
1.26B – 1.55B
-3.5% YoY
EBITDA
152.90M
est: 134.01M (+14.1%)
180.58M
est: 58.29M (+209.8%)
153.71M
est: 130.19M (+18.1%)
117.22M
est: 103.08M (+13.7%)
180.47M
est: 116.68M (+54.7%)
223.15M
est: 120.19M (+85.7%)
184.52M
est: 218.42M (-15.5%)
195.66M
est: 142.43M (+37.4%)
225.08M
est: 229.01M (-1.7%)
243.23M
232.55M – 269.83M
+6.2% YoY
257.35M
231.47M – 301.33M
+5.8% YoY
259.36M
258.24M – 260.49M
+0.8% YoY
250.39M
231.98M – 285.82M
-3.5% YoY
EBIT
123.38M
est: 86.32M (+42.9%)
147.22M
est: 116.80M (+26.0%)
119.61M
est: 137.86M (-13.2%)
73.89M
est: 108.33M (-31.8%)
127.21M
est: 122.62M (+3.7%)
155.06M
est: 126.32M (+22.8%)
103.85M
est: 138.57M (-25.1%)
104.10M
est: 145.46M (-28.4%)
142.81M
est: 145.29M (-1.7%)
154.32M
147.54M – 171.19M
+6.2% YoY
163.27M
146.85M – 191.18M
+5.8% YoY
164.55M
163.84M – 165.27M
+0.8% YoY
158.86M
147.18M – 181.34M
-3.5% YoY
Net Income
49.25M
est: 76.22M (-35.4%)
90.19M
est: 47.57M (+89.6%)
82.71M
est: 84.60M (-2.2%)
47.61M
est: 72.28M (-34.1%)
99.75M
est: 81.81M (+21.9%)
106.22M
est: 84.28M (+26.0%)
57.97M
est: 57.75M (+0.4%)
50.82M
est: 60.94M (-16.6%)
80.50M
est: 82.58M (-2.5%)
100.67M
97.08M – 106.20M
+21.9% YoY
108.38M
83.09M – 122.32M
+7.7% YoY
116.28M
100.45M – 129.40M
+7.3% YoY
130.68M
118.19M – 154.73M
+12.4% YoY
SGA
125.56M
est: 167.14M (-24.9%)
122.63M
est: 70.31M (+74.4%)
159.45M
est: 71.21M (+123.9%)
140.81M
est: 68.23M (+106.4%)
178.80M
est: 77.23M (+131.5%)
5.75M
est: 79.56M (-92.8%)
149.96M
est: 219.00M (-31.5%)
706.27M
est: 229.88M (+207.2%)
3.95M
est: 229.62M (-98.3%)
243.88M
233.17M – 270.55M
+6.2% YoY
258.03M
232.09M – 302.13M
+5.8% YoY
260.06M
258.93M – 261.18M
+0.8% YoY
251.06M
232.60M – 286.58M
-3.5% YoY
EPS
1.02
est: 1.91 (-46.5%)
2.65
est: 2.47 (+7.2%)
2.43
est: 2.34 (+3.8%)
1.40
est: 1.39 (+0.5%)
2.68
est: 2.53 (+5.8%)
2.66
est: 2.48 (+7.1%)
1.45
est: 1.44 (+0.4%)
1.27
est: 1.46 (-13.0%)
2.01
est: 2.25 (-10.8%)
2.56
2.43 – 2.65
+13.5% YoY
2.66
2.08 – 3.06
+4.2% YoY
2.94
2.51 – 3.24
+10.5% YoY
3.27
2.95 – 3.87
+11.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 A- 4/5 3/5 4/5 4/5 1/5 4/5 4/5
2026-05-08 A- 4/5 3/5 4/5 4/5 1/5 4/5 4/5
2026-05-07 A- 4/5 3/5 4/5 4/5 1/5 4/5 4/5
2026-05-06 A- 4/5 3/5 4/5 4/5 1/5 4/5 4/5
2026-05-05 A- 4/5 3/5 4/5 4/5 1/5 4/5 4/5
2026-05-04 A- 4/5 3/5 4/5 4/5 1/5 4/5 4/5
2026-04-30 B 3/5 2/5 3/5 4/5 1/5 3/5 4/5
2026-04-29 B 3/5 2/5 3/5 4/5 1/5 3/5 4/5
2026-04-28 B 3/5 2/5 3/5 4/5 1/5 3/5 4/5
2026-04-27 B 3/5 2/5 3/5 4/5 1/5 3/5 4/5
2026-04-24 B 3/5 2/5 3/5 4/5 1/5 3/5 3/5
2026-04-23 B 3/5 2/5 3/5 4/5 1/5 3/5 3/5
2026-04-22 B 3/5 2/5 3/5 4/5 1/5 3/5 3/5
2026-04-21 B 3/5 2/5 3/5 4/5 1/5 3/5 3/5
2026-04-20 B 3/5 2/5 3/5 4/5 1/5 3/5 3/5
2026-04-17 B 3/5 2/5 3/5 4/5 1/5 3/5 3/5
2026-04-16 B 3/5 2/5 3/5 4/5 1/5 3/5 3/5
2026-04-15 B 3/5 2/5 3/5 4/5 1/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
58.33M
OE per share TTM
1.46
Owner's Yield
4.18%
Maintenance CapEx ratio
190.85%
Maint CapEx / Avg PPE
60.6%

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
81.2K
Shares Outstanding
40.00M

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
Javier Molina Montes Executive Chair 2M male
Asier Zarraonandia Ayo Chief Executive Officer & Executive Director 2M male
Birke Fuchs Board Secretary & General Counsel — female
Rafael Perez Chief Financial Officer and Director of Investor Relations & Strategy — male
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

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

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