(GSM) Ferroglobe - Overview

Sector: Basic Materials | Industry: Other Industrial Metals & Mining | Exchange: NASDAQ (USA) | Market Cap: 753m USD | Total Return: 33% in 12m

Silicon Metal, Ferroalloys, Chemicals, Foundry Products, Silica Fume
Total Rating 33
Safety 76
Buy Signal -0.02
Other Industrial Metals & Mining
Industry Rotation: +8.1
Market Cap: 753M
Avg Turnover: 5.67M USD
ATR: 5.73%
Peers RS (IBD): 9.0
Risk 5d forecast
Volatility45.4%
Rel. Tail Risk-10.2%
Reward TTM
Sharpe Ratio0.67
Alpha3.57
Character TTM
Beta0.913
Beta Downside1.041
Drawdowns 3y
Max DD53.69%
CAGR/Max DD0.01
EPS (Earnings per Share) EPS (Earnings per Share) of GSM over the last years for every Quarter: "2021-03": -0.24, "2021-06": 0.02, "2021-09": -0.36, "2021-12": 0.23, "2022-03": 0.88, "2022-06": 1.14, "2022-09": 0.64, "2022-12": 0.42, "2023-03": 0.05, "2023-06": 0.3, "2023-09": 0.27, "2023-12": 0.09, "2024-03": -0.0108, "2024-06": 0.13, "2024-09": 0.11, "2024-12": 0.03, "2025-03": -0.2, "2025-06": -0.08, "2025-09": -0.02, "2025-12": -0.06, "2026-03": 0,
EPS CAGR: -39.12%
EPS Trend: -79.5%
Last SUE: 0.89
Qual. Beats: 1
Revenue Revenue of GSM over the last years for every Quarter: 2021-03: 361.39, 2021-06: 418.538, 2021-09: 429.21, 2021-12: 569.771, 2022-03: 715.265, 2022-06: 840.808, 2022-09: 593.218, 2022-12: 400.868, 2023-03: 400.868, 2023-06: 456.441, 2023-09: 416.81, 2023-12: 375.951, 2024-03: 391.854, 2024-06: 307.179, 2024-09: 433.533, 2024-12: 367.505, 2025-03: 307.179, 2025-06: 386.862, 2025-09: 311.698, 2025-12: 329.382, 2026-03: null,
Rev. CAGR: -18.68%
Rev. Trend: -80.4%
Last SUE: 0.69
Qual. Beats: 0

Warnings

Interest Coverage Ratio -9.6 is critical

Beneish M-Score 1.00 > -1.5 - likely earnings manipulation

Choppy

Tailwinds

No distinct edge detected

Description: GSM Ferroglobe

Ferroglobe PLC (GSM) produces silicon metal and silicon/manganese-based ferroalloys for global markets. These materials are critical inputs in various industries.

The companys products include silicon for silicone chemicals, aluminum, and electronics; silicomanganese and ferromanganese for steel production; and ferrosilicon for steel alloys and aluminum. The ferroalloys sector is cyclical, tied to industrial production and commodity prices.

Ferroglobe also supplies calcium silicon, foundry products, and silica fume. It operates its own raw material sources, including quartz mines and coal mines, a common strategy in the mining sector to control supply chains and costs.

Key customers span silicone chemical producers, aluminum and steel manufacturers, automotive companies, foundries, solar cell and computer chip makers, and concrete producers. For more detailed analysis, consider exploring Ferroglobes financial statements on ValueRay.

Headlines to Watch Out For
  • Global steel production impacts ferroalloy demand
  • Silicon metal prices drive revenue growth
  • Energy costs directly affect production profitability
  • Raw material supply chain disruptions increase operating expenses
  • Automotive and construction demand influences silicon chemical sales
Piotroski VR‑10 (Strict) 2.5
Net Income: -170.7m TTM > 0 and > 6% of Revenue
FCF/TA: -0.01 > 0.02 and ΔFCF/TA -12.48 > 1.0
NWC/Revenue: 21.90% < 20% (prev 24.60%; Δ -2.69% < -1%)
CFO/TA 0.03 > 3% & CFO 46.1m > Net Income -170.7m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 1.66 > 1.5 & < 3
Outstanding Shares: last quarter (188.4m) vs 12m ago 0.15% < -2%
Gross Margin: 3.44% > 18% (prev 0.29%; Δ 315.0% > 0.5%)
Asset Turnover: 92.87% > 50% (prev 103.1%; Δ -10.28% > 0%)
Interest Coverage Ratio: -9.57 > 6 (EBITDA TTM -113.9m / Interest Expense TTM 20.8m)
Beneish M 1.00
DSRI: 1.62 (Receivables 271.8m/188.8m, Revenue 1.34b/1.50b)
GMI: 8.54 (GM 3.44% / 29.43%)
AQI: 1.22 (AQ_t 0.14 / AQ_t-1 0.12)
SGI: 0.89 (Revenue 1.34b / 1.50b)
TATA: -0.15 (NI -170.7m - CFO 46.1m) / TA 1.42b)
Beneish M-Score: 4.21 (Cap -4..+1) = D
What is the price of GSM shares? As of April 12, 2026, the stock is trading at USD 4.25 with a total of 617,297 shares traded.
Over the past week, the price has changed by +5.46%, over one month by -11.84%, over three months by -14.66% and over the past year by +33.02%.
Is GSM a buy, sell or hold? Ferroglobe has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy GSM.
  • StrongBuy: 1
  • Buy: 0
  • Hold: 1
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the GSM price?
Analysts Target Price 6 41.2%
Ferroglobe (GSM) - Fundamental Data Overview as of 08 April 2026
P/E Forward = 25.4453
P/S = 0.564
P/B = 1.2769
P/EG = 9.51
Revenue TTM = 1.34b USD
EBIT TTM = -198.8m USD
EBITDA TTM = -113.9m USD
Long Term Debt = 75.7m USD (from longTermDebt, last quarter)
Short Term Debt = 118.1m USD (from shortTermDebt, last quarter)
Debt = 293.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 170.2m USD (from netDebt column, last quarter)
Enterprise Value = 912.1m USD (753.0m + Debt 293.1m - CCE 134.1m)
Interest Coverage Ratio = -9.57 (Ebit TTM -198.8m / Interest Expense TTM 20.8m)
EV/FCF = -56.54x (Enterprise Value 912.1m / FCF TTM -16.1m)
FCF Yield = -1.77% (FCF TTM -16.1m / Enterprise Value 912.1m)
FCF Margin = -1.21% (FCF TTM -16.1m / Revenue TTM 1.34b)
Net Margin = -12.79% (Net Income TTM -170.7m / Revenue TTM 1.34b)
Gross Margin = 3.44% ((Revenue TTM 1.34b - Cost of Revenue TTM 1.29b) / Revenue TTM)
Gross Margin QoQ = -28.64% (prev 13.63%)
Tobins Q-Ratio = 0.64 (Enterprise Value 912.1m / Total Assets 1.42b)
Interest Expense / Debt = 2.51% (Interest Expense 7.37m / Debt 293.1m)
Taxrate = 21.0% (US default 21%)
NOPAT = -157.1m (EBIT -198.8m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.66 (Total Current Assets 733.7m / Total Current Liabilities 441.3m)
Debt / Equity = 0.42 (Debt 293.1m / totalStockholderEquity, last quarter 692.3m)
 Debt / EBITDA = -1.49 (negative EBITDA) (Net Debt 170.2m / EBITDA -113.9m)
 Debt / FCF = -10.55 (negative FCF - burning cash) (Net Debt 170.2m / FCF TTM -16.1m)
 Total Stockholder Equity = 768.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -11.87% (Net Income -170.7m / Total Assets 1.42b)
RoE = -22.22% (Net Income TTM -170.7m / Total Stockholder Equity 768.1m)
RoCE = -23.56% (EBIT -198.8m / Capital Employed (Equity 768.1m + L.T.Debt 75.7m))
 RoIC = -65.99% (negative operating profit) (NOPAT -157.1m / Invested Capital 238.0m)
 WACC = 7.17% (E(753.0m)/V(1.05b) * Re(9.19%) + D(293.1m)/V(1.05b) * Rd(2.51%) * (1-Tc(0.21)))
Discount Rate = 9.19% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.13%
 [DCF] Fair Price = unknown (Cash Flow -16.1m)
 EPS Correlation: -79.47 | EPS CAGR: -39.12% | SUE: 0.89 | # QB: 1
Revenue Correlation: -80.35 | Revenue CAGR: -18.68% | SUE: 0.69 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.01 | Chg7d=-0.005 | Chg30d=-0.005 | Revisions Net=+1 | Analysts=2
EPS current Year (2026-12-31): EPS=0.13 | Chg7d=-0.035 | Chg30d=-0.035 | Revisions Net=+1 | Growth EPS=+133.3% | Growth Revenue=+20.6%
EPS next Year (2027-12-31): EPS=0.69 | Chg7d=-0.015 | Chg30d=-0.015 | Revisions Net=+1 | Growth EPS=+426.9% | Growth Revenue=+19.2%
[Analyst] Revisions Ratio: +1.00 (1 Up / 0 Down within 30d for Next Quarter)
External Resources
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