Skip to Content

Acerinox SA ACX

Morningstar Rating
€9.95 −0.04 (0.35%)
View Full Chart
Unlock our analysis with Morningstar Investor

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

ACX is trading at a 9% discount.
Price
€10.01
Fair Value
€62.58
Uncertainty
High
1-Star Price
€55.27
5-Star Price
€7.82
Economic Moat
Rxhzm
Capital Allocation
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if ACX is a good fit for your portfolio.

Trading Information

Previous Close Price
€9.99
Day Range
€9.839.99
52-Week Range
€8.6710.81
Bid/Ask
/
Market Cap
€2.48 Bil
Volume/Avg
483,336 / 846,686

Key Statistics

Price/Earnings (Normalized)
1.64
Price/Sales
0.38
Dividend Yield (Trailing)
6.11%
Dividend Yield (Forward)
6.11%
Total Yield
6.19%

Company Profile

Acerinox SA is a Spain-based stainless steel maker engaged in the manufacture, processing, and marketing of stainless steel products and special alloys. The company operates in two segments; the Stainless steel segment which accounts for the majority of the company's revenue, includes both flat and long stainless steel products, and the High-performance alloys segment includes special alloys with high nickel content. This segment includes all the companies in the VDM Metals subgroup. Geographically the company operates in Spain, the Rest of Europe, America, Africa, Asia, and Others.
Sector
Basic Materials
Industry
Steel
Stock Style Box
Mid Value
Total Number of Employees
8,229

Comparables

Valuation

Metric
ACX
600782
600231
Price/Earnings (Normalized)
1.64
Price/Book Value
1.030.480.61
Price/Sales
0.380.150.25
Price/Cash Flow
6.21
Price/Earnings
ACX
600782
600231

Financial Strength

Metric
ACX
600782
600231
Quick Ratio
1.280.530.49
Current Ratio
2.271.070.78
Interest Coverage
3.730.43−13.36
Quick Ratio
ACX
600782
600231

Profitability

Metric
ACX
600782
600231
Return on Assets (Normalized)
6.03%−0.31%−4.17%
Return on Equity (Normalized)
15.22%−0.63%−8.85%
Return on Invested Capital (Normalized)
8.39%−0.42%−7.80%
Return on Assets
ACX
600782
600231
See how this stock stacks up to its competitors with Morningstar Investor

Steel Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NUE
Nucor CorpZdzhzbqmdPkvfpb$46.3 Bil
STLD
Steel Dynamics IncPvzwqlmxvSfnp$21.5 Bil
PKX
POSCO Holdings Inc ADRRkqljlsygTjl$21.4 Bil
NISTF
Nippon Steel CorpChv$20.9 Bil
NPSCY
Nippon Steel Corp ADRLtpcr$20.7 Bil
MT
ArcelorMittal SA Depository ReceiptKsggYdx$20.6 Bil
AMSYF
ArcelorMittal SA New Reg.Shs ex-ArcelorVfppzybSzfpd$20.3 Bil
RS
Reliance IncPcfhnythHqtvwp$18.4 Bil
CLF
Cleveland-Cliffs IncRgjXgb$9.9 Bil
JFEEF
JFE Holdings IncZdjv$9.9 Bil

Sponsor Center