Aperam SA
MAD:APAM

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Aperam SA
MAD:APAM
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Price: 37 EUR 4.52% Market Closed
Market Cap: 2.7B EUR

Relative Value

The Relative Value of one APAM stock under the Base Case scenario is 65.94 EUR. Compared to the current market price of 37 EUR, Aperam SA is Undervalued by 44%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

APAM Relative Value
Base Case
65.94 EUR
Undervaluation 44%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
66
vs Industry
81
Median 3Y
0.3
Median 5Y
0.3
Industry
2.1
Forward
0.4
vs History
7
vs Industry
7
Median 3Y
7.6
Median 5Y
7
Industry
19.3
Forward
94.3
vs History
41
vs Industry
22
Median 3Y
5.2
Median 5Y
5.7
Industry
11.2
vs History
68
vs Industry
8
Median 3Y
9.4
Median 5Y
9.6
Industry
18.5
vs History
30
vs Industry
64
Median 3Y
0.6
Median 5Y
0.7
Industry
2.2
vs History
49
vs Industry
80
Median 3Y
0.3
Median 5Y
0.4
Industry
2.5
Forward
0.5
vs History
vs Industry
27
Median 3Y
3.3
Median 5Y
3.4
Industry
8.5
vs History
0
vs Industry
12
Median 3Y
7.3
Median 5Y
6.6
Industry
12.6
Forward
9.7
vs History
vs Industry
9
Median 3Y
3.3
Median 5Y
3.4
Industry
15.2
Forward
36.2
vs History
30
vs Industry
21
Median 3Y
6.3
Median 5Y
6.8
Industry
12.6
vs History
49
vs Industry
5
Median 3Y
12.8
Median 5Y
12.1
Industry
16.9
vs History
31
vs Industry
63
Median 3Y
0.5
Median 5Y
0.6
Industry
1.9

Multiples Across Competitors

APAM Competitors Multiples
Aperam SA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
LU
Aperam SA
MAD:APAM
2.7B EUR 0.3 17.8 13.9 0
ZA
Kumba Iron Ore Ltd
JSE:KIO
115.3B Zac 0 0 0 0
BR
Vale SA
BOVESPA:VALE3
309B BRL 1.4 10.2 4.9 6.3
AU
Fortescue Metals Group Ltd
ASX:FMG
68.1B AUD 2.9 13.5 9 9
AU
Fortescue Ltd
XMUN:FVJ
38.4B EUR 2.9 13.4 8.9 8.9
US
Nucor Corp
NYSE:NUE
38.8B USD 1.2 23.5 10.8 17
LU
ArcelorMittal SA
AEX:MT
30.6B EUR 0.6 13.9 6.6 12.8
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.9T INR 1.7 47.8 13.7 21.6
US
Steel Dynamics Inc
NASDAQ:STLD
25.9B USD 1.5 23 15 20.6
IN
Tata Steel Ltd
NSE:TATASTEEL
2.3T INR 1 33.5 10.1 16.2
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
162.3B CNY 0.5 17.2 16.5 16.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
LU
Aperam SA
MAD:APAM
Average EV/EBITDA: 10.9
13.9
23%
0.6
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
6%
N/A
BR
Vale SA
BOVESPA:VALE3
4.9
8%
0.6
AU
Fortescue Metals Group Ltd
ASX:FMG
9
10%
0.9
AU
F
Fortescue Ltd
XMUN:FVJ
8.9
10%
0.9
US
Nucor Corp
NYSE:NUE
10.8
10%
1.1
LU
ArcelorMittal SA
AEX:MT
6.6
13%
0.5
IN
JSW Steel Ltd
NSE:JSWSTEEL
13.7
24%
0.6
US
Steel Dynamics Inc
NASDAQ:STLD
15
13%
1.2
IN
Tata Steel Ltd
NSE:TATASTEEL
10.1
20%
0.5
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
16.5
59%
0.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
LU
Aperam SA
MAD:APAM
Average EV/EBIT: 14.3
Not Available
48%
N/A
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
-4%
N/A
BR
Vale SA
BOVESPA:VALE3
6.3
7%
0.9
AU
Fortescue Metals Group Ltd
ASX:FMG
9
-7%
N/A
AU
F
Fortescue Ltd
XMUN:FVJ
8.9
-7%
N/A
US
Nucor Corp
NYSE:NUE
17
13%
1.3
LU
ArcelorMittal SA
AEX:MT
12.8
16%
0.8
IN
JSW Steel Ltd
NSE:JSWSTEEL
21.6
37%
0.6
US
Steel Dynamics Inc
NASDAQ:STLD
20.6
14%
1.5
IN
Tata Steel Ltd
NSE:TATASTEEL
16.2
29%
0.6
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
16.5
24%
0.7