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★ Analysts see FY2026 revenue reaching $6.8B — +11.8% growth in a single year.
What Moves the Stock
1Nickel prices (LME): directly impacts raw material costs and inventory valuation, with 3-6 month lag in pricing pass-through to customers
2European automotive and industrial production: drives approximately 40% of stainless steel demand through appliances, automotive exhaust systems, and industrial equipment
3Stainless steel base prices and alloy surcharges: quarterly contract negotiations and monthly surcharge adjustments determine realized pricing
4Chinese stainless steel production and exports: oversupply from Chinese mills (60% of global capacity) pressures European pricing and import competition
5Brazilian real exchange rate: affects competitiveness of South American segment and translation of local earnings
6Stainless & Electrical Steel (Europe) - estimated 55-60% of revenue: flat stainless steel products and grain-oriented electrical steel for transformers
value - The stock trades at 0.5x sales and 0.9x book value with 12.9% FCF yield…
Rising interest rates negatively impact Aperam through multiple channels: (1) higher financing costs on working capital (stainless steel…
Watch on earnings: LME nickel 3-month forward price ($/tonne) and nickel-to-stainless steel price spread, European stainless steel cold-rolled base prices and quarterly alloy surcharge settlements, Eurozone industrial production index and automotive production volumes (ACEA data).
One Sentence Summary:
Aperam: the story is balanced — nickel prices (lme): directly impacts raw material costs and inventory valuation, with 3-6 month lag in pricing pass-through to customers.
Auto-composed from Stock Alarm intelligence, financial statements, and analyst estimates. Not investment advice.