OUT1V Stock Analysis: Outokumpu | HE
Steel | HE, Finland | Market Cap: 2.395m EUR | 12M Return: 19.2% | FI0009002422 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 5.82M
Qual. Beats: 0
Rev. Trend: -93.3%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Outokumpu Oyj is a Finnish stainless-steel producer founded in 1910 and headquartered in Helsinki, with operations spanning Europe, the Americas, and Asia-Pacific. The company operates through four segments-Europe, the Americas, Ferrochrome, and Other operations-and offers a broad product portfolio including cold and hot rolled coils, strips, sheets, quarto plates, precision strips, welded stainless-steel structural components, stainless-steel powder, and nickel-based alloys. Its products serve a wide range of end markets such as commercial kitchens and appliances, automotive and transportation, building and infrastructure, energy, marine, and heavy industries, complemented by value-added services like cutting, polishing, welding, machining, and plate bending. A notable feature of its business model is vertical integration through its Ferrochrome segment, which supplies a key raw material (chromium) used in stainless-steel production, helping to reduce exposure to raw-material price volatility. As one of the largest stainless-steel producers in Europe, Outokumpu benefits from the materials widespread use in corrosion-resistant and durable applications across both industrial and consumer markets.
- Nickel price volatility pressures stainless steel margins
- European industrial demand recovery drives Europe segment volumes
- EU CBAM regulation boosts demand for low-carbon stainless steel
| Net Income: -81.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.41 > 1.0 |
| NWC/Revenue: 17.72% < 20% (prev 16.80%; Δ 0.92% < -1%) |
| CFO/TA 0.03 > 3% & CFO 207.0m > Net Income -81.0m |
| Net Debt (423.0m) to EBITDA (171.0m): 2.47 < 3 |
| Current Ratio: 1.53 > 1.5 & < 3 |
| Outstanding Shares: last quarter (471.4m) vs 12m ago 8.53% < -2% |
| Gross Margin: 4.72% > 18% (prev 3.78%; Δ 0.94% > 0.5%) |
| Asset Turnover: 93.18% > 50% (prev 102.9%; Δ -9.68% > 0%) |
| Interest Coverage Ratio: -0.96 > 6 (EBIT TTM -49.0m / Interest Expense TTM 51.0m) |
| A: 0.16 (Total Current Assets 2.81b - Total Current Liabilities 1.83b) / Total Assets 6.02b |
| B: 0.04 (Retained Earnings 215.0m / Total Assets 6.02b) |
| C: -0.01 (EBIT TTM -49.0m / Avg Total Assets 5.89b) |
| D: 1.33 (Book Value of Equity 3.43b / Total Liabilities 2.59b) |
| Altman-Z'' = 2.51 = A |
| DSRI: 1.11 (Receivables 632.0m/615.0m, Revenue 5.49b/5.93b) |
| GMI: 0.80 (GM 3.78% / 4.72%) |
| AQI: 0.98 (AQ_t 0.20 / AQ_t-1 0.20) |
| SGI: 0.93 (Revenue 5.49b / 5.93b) |
| TATA: -0.05 (NI -81.0m - CFO 207.0m) / TA 6.02b) |
| Beneish M = -3.19 (Cap -4..+1) = AA |
As of October 12, 2026, the stock is trading at EUR 5.14 with a total of 1,284,500 shares traded. Over the past week, the price has changed by +1.99%, over one month by -8.63%, over three months by +1.99% and over the past year by +19.23%.
Current recommended Stop Loss: 4.70 (which is 8.6% or 2.6 ATR below the current price).
Outokumpu has no consensus analysts rating.
P/E Forward = 7.9114
P/S = 0.4361
P/B = 0.7462
P/EG = 2.1771
Revenue TTM = 5.49b EUR
EBIT TTM = -49.0m EUR
EBITDA TTM = 171.0m EUR
Long Term Debt = 363.0m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 86.0m EUR (from shortTermDebt, last quarter)
Debt = 793.0m EUR (from shortLongTermDebtTotal, last quarter) + Leases 199.0m
Net Debt = 423.0m EUR (calculated: Debt 793.0m - CCE 370.0m)
Enterprise Value = 2.82b EUR (2.39b + Debt 793.0m - CCE 370.0m)
Interest Coverage Ratio = -0.96 (Ebit TTM -49.0m / Interest Expense TTM 51.0m)
EV/FCF = 44.72x (Enterprise Value 2.82b / FCF TTM 63.0m)
FCF Yield = 2.24% (FCF TTM 63.0m / Enterprise Value 2.82b)
FCF Margin = 1.15% (FCF TTM 63.0m / Revenue TTM 5.49b)
Net Margin = -1.48% (Net Income TTM -81.0m / Revenue TTM 5.49b)
Gross Margin = 4.72% ((Revenue TTM 5.49b - Cost of Revenue TTM 5.23b) / Revenue TTM)
Gross Margin QoQ = 7.65% (prev 5.79%)
Tobins Q-Ratio = 0.47 (Enterprise Value 2.82b / Total Assets 6.02b)
Interest Expense / Debt = 6.43% (Interest Expense 51.0m / Debt 793.0m)
Taxrate = 21.88% (7.00m / 32.0m)
NOPAT = -38.3m (EBIT -49.0m * (1 - 21.88%)) [loss with tax shield]
Current Ratio = 1.53 (Total Current Assets 2.81b / Total Current Liabilities 1.83b)
Debt / Equity = 0.23 (Debt 793.0m / totalStockholderEquity, last quarter 3.43b)
Debt / EBITDA = 2.47 (Net Debt 423.0m / EBITDA 171.0m)
Debt / FCF = 6.71 (Net Debt 423.0m / FCF TTM 63.0m)
Total Stockholder Equity = 3.42b (last 4 quarters mean from totalStockholderEquity)
RoA = -1.37% (Net Income -81.0m / Total Assets 6.02b)
RoE = -2.37% (Net Income TTM -81.0m / Total Stockholder Equity 3.42b)
RoCE = -1.29% (EBIT -49.0m / Capital Employed (Equity 3.42b + L.T.Debt 363.0m))
RoIC = -0.96% (negative operating profit) (NOPAT -38.3m / Invested Capital 4.00b)
WACC = 7.78% (E(2.39b)/V(3.19b) * Re(8.69%) + D(793.0m)/V(3.19b) * Rd(6.43%) * (1-Tc(0.22)))
Discount Rate = 8.69% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 87.87 | Cagr: 4.61%
[DCF] Terminal Value 77.97% ; FCFF base≈52.6m ; Y1≈60.3m ; Y5≈88.7m
[DCF] Fair Price = 1.94 (EV 1.34b - Net Debt 423.0m = Equity 912.4m / Shares 471.4m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.58 | # QB: 0
Revenue Correlation: -93.29 | Revenue CAGR: -9.30% | SUE: -0.89 | # QB: -1
EPS current Quarter (2026-09-30): EPS=0.06 | Chg30d=+0.00% | Revisions=-40% | Analysts=4
EPS current Year (2026-12-31): EPS=0.19 | Chg30d=-0.57% | Revisions=-40% | GrowthEPS=+216.9% | GrowthRev=+12.4%
EPS next Year (2027-12-31): EPS=0.49 | Chg30d=-1.35% | Revisions=+40% | GrowthEPS=+153.0% | GrowthRev=+9.3%
[Analyst] Revisions Ratio: -22% (up=2, down=4)