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Ercros, S.A. (ECR.MC)

EUR3.48 +0.00 (+0.00%)
ES BME Basic Materials Chemicals
Address Avinguda Diagonal, 593-595 8014
Barcelona, ES
CEO Antonio Zabalza Marti
Website ercros.es
IPO 2000-01-03
ISIN ES0125140A14

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Description

Ercros, S.A. is a Spanish industrial group primarily engaged in the production and distribution of basic chemicals, intermediate chemical products, and pharmaceuticals. The company also extends its market reach through export activities. Its diverse operations are structured into three main divisions: Chlorine Derivatives, Intermediate Chemicals, and Pharmacy. The Chlorine Derivatives segment manufactures a broad spectrum of products, including ammonia, bioplastics, various caustic solutions (potash and soda), chlorine, chloroisocyanurates, dicalcium phosphate, dichloroethane, hydrochloric acid, hydrogen peroxide, potassium carbonate, PVC compounds, sodium chlorate and chlorite, sodium hypochlorite, and vinyl chloride monomers. These compounds serve as vital industrial intermediates, essential for applications such as purifying drinking and wastewater, maintaining swimming pools, bleaching paper and textiles, and formulating detergents, solvents, and strippers. They also find use in producing printing inks, animal feed, and cooling equipment. The Intermediate Chemicals division supplies products like formaldehyde, various glues and resins, molding powders, paraformaldehyde, pentaerythritol and dipentaerythritol, and sodium formate. These are crucial for manufacturing wood-based panels like chipboards, decorative laminates, and plywoods, as well as resins, paints, and varnishes for the furniture and decoration sectors. Furthermore, they are integral to producing electrical components such as plugs and switches, and contribute to household, sanitary, and packaging materials within the textile tanning industry. Ercros's Pharmacy segment focuses on developing and producing active pharmaceutical ingredients (APIs) and intermediate compounds. Its portfolio includes agents for various therapeutic areas, such as bacterial infections (e.g., azithromycin, clarithromycin, erythromycins, calcium and sodium fosfomycin, fosfomycin trometamol, fusidic acid), high cholesterol (amlodipine besylate), ulcers (famotidine), and fungal infections. With a rich history, Ercros, S.A. was established in 1817 and maintains its corporate headquarters in Barcelona, Spain.

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
EUR3.48 +0.00 (+0.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
24.1K
Beta
0.19
Float Shares
81.32M
Free Float %
88.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% +0.59% +0.59% +1.48% +9.94% +0.00% +15.49% -2.00% +1.48% +376.39% -36.48%
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
3.48
DCF (Unlevered) 2.57 -26.2%
DCF (Levered) 1.69 -51.3%

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)
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.34
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
0 / 10
No MOAT
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
4 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Chemicals: +4.0%
    -6.1% Q1'26: -15.9% (vs Q1'25)
  • EPS growth Chemicals: +11.7%
    -353.9% Q1'26: -15.4% (vs Q1'25)
  • FCF margin FCF growth · Chemicals: +41.7%
    -7.7% Q1'26: +14.7% (vs Q1'25)
  • EBIT margin Chemicals: +7.1%
    -4.5% Q1'26: -6.5% (vs Q1'25)
  • ROIC Chemicals: +3.4%
    -6.8% Q1'26: -9.4% (vs Q1'25)
  • Share dilution Chemicals: +0.0%
    +0.0% Q1'26: -100.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Chemicals: 0.55×
    35.69× Q1'26: -53.62× (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 (0.59) × ERP
WACC = 58% × Ke + 42% × Kd (5.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 2.57 Current price: 3.48
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 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
618.27M
est: 609.32M (+1.5%)
602.54M
est: 620.12M (-2.8%)
685.97M
est: 632.53M (+8.4%)
669.78M
est: 687.40M (-2.6%)
568.80M
est: 568.10M (+0.1%)
772.32M
est: 720.20M (+7.2%)
998.53M
est: 1.04B (-3.6%)
725.29M
est: 809.00M (-10.3%)
667.42M
est: 730.70M (-8.7%)
626.82M
est: 685.80M (-8.6%)
662.80M
662.80M – 662.80M
-3.4% YoY
715.70M
715.70M – 715.70M
+8.0% YoY
808.90M
808.90M – 808.90M
+13.0% YoY
EBITDA
33.07M
est: 50.21M (-34.1%)
70.39M
est: 51.10M (+37.7%)
52.43M
est: 52.13M (+0.6%)
61.41M
est: 56.65M (+8.4%)
42.11M
est: 46.82M (-10.1%)
90.85M
est: 59.35M (+53.1%)
121.71M
est: 85.33M (+42.6%)
43.27M
est: 66.67M (-35.1%)
25.91M
est: 50.85M (-49.0%)
6.25M
est: 47.73M (-86.9%)
46.13M
46.13M – 46.13M
-3.4% YoY
49.81M
49.81M – 49.81M
+8.0% YoY
56.30M
56.30M – 56.30M
+13.0% YoY
EBIT
13.20M
est: 23.44M (-43.7%)
51.18M
est: 23.86M (+114.5%)
34.40M
est: 24.33M (+41.4%)
28.17M
est: 26.44M (+6.5%)
11.78M
est: 21.85M (-46.1%)
62.72M
est: 27.71M (+126.4%)
91.75M
est: 39.83M (+130.3%)
11.00M
est: 31.12M (-64.7%)
-5.55M
est: 18.52M (-129.9%)
-28.14M
est: 17.38M (-261.9%)
16.80M
16.80M – 16.80M
-3.4% YoY
18.14M
18.14M – 18.14M
+8.0% YoY
20.50M
20.50M – 20.50M
+13.0% YoY
Net Income
7.24M
est: 3.35M (+116.0%)
45.16M
est: 14.06M (+221.2%)
44.58M
est: 9.42M (+373.4%)
31.04M
est: 19.20M (+61.7%)
6.26M
est: 10.97M (-43.0%)
43.30M
est: 30.17M (+43.5%)
62.99M
est: 61.26M (+2.8%)
27.59M
est: 36.57M (-24.6%)
-11.66M
est: 3.66M (-418.7%)
-53.59M
est: -27.43M (-95.3%)
-30.18M
-30.18M – -30.18M
-10.0% YoY
-21.03M
-21.03M – -21.03M
+30.3% YoY
914.4K
914.4K – 914.4K
+104.3% YoY
SGA
45.36M
est: 41.08M (+10.4%)
90.98M
est: 41.81M (+117.6%)
42.68M
est: 42.64M (+0.1%)
42.28M
est: 46.34M (-8.8%)
42.11M
est: 38.30M (+9.9%)
131.00M
est: 48.56M (+169.8%)
64.05M
est: 69.81M (-8.3%)
10.09M
est: 54.54M (-81.5%)
10.28M
est: 66.54M (-84.6%)
120.50M
est: 62.45M (+93.0%)
60.36M
60.36M – 60.36M
-3.4% YoY
65.17M
65.17M – 65.17M
+8.0% YoY
73.66M
73.66M – 73.66M
+13.0% YoY
EPS
0.06
est: 0.04 (+73.2%)
0.40
est: 0.15 (+160.1%)
0.40
est: 0.10 (+288.3%)
0.29
est: 0.21 (+38.1%)
0.06
est: 0.12 (-49.2%)
0.43
est: 0.33 (+30.3%)
0.67
est: 0.67 (+0.0%)
0.29
est: 0.40 (-27.5%)
-0.13
est: 0.04 (-425.0%)
-0.59
est: -0.30 (-96.7%)
-0.33
-0.33 – -0.33
-10.0% YoY
-0.23
-0.23 – -0.23
+30.3% YoY
0.01
0.01 – 0.01
+104.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-22 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-21 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-20 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-19 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-18 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-15 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-14 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-13 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-12 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-11 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-08 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-07 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-06 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-05 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-04 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-30 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-29 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-28 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-27 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-24 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-23 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-22 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-21 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-20 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-17 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-16 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
64.04M
OE per share TTM
0.70
Owner's Yield
20.42%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
47.4%

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.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

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
-21.4K
Shares Outstanding
91.44M

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
Antonio Zabalza Marti Executive Chairman of the Board, President & CEO 661.0K male
Asunción Loste Madoz Director of Legal Department female
Daniel Ripley Soria Non-Director Secretary male
Imma Comella Pons Director of Institutional Relations & Communications female
Joao Maria Guimaraes Jose de Mello CEO & Director male
Joaquin Sanmartín Muñiz Director of Human Resources male
Josep Rovira Pujals Director of Administration male
Maria Chantal Coll d'arnaude Director of Sustainable Development female
Pedro Rodríguez Sánchez Chief Financial Officer male
Pere Kirchner Baliu Council Secretary male
Agustín Franco Blasco Chief Operating Officer male
Xavier Alvarez Garcia Director of the Internal Audit Service 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