(GSM) Ferroglobe - Ratings and Ratios
Silicon, Ferrosilicon, Ferromanganese, Silicomanganese, Calcium-Silicon
GSM EPS (Earnings per Share)
GSM Revenue
Description: GSM Ferroglobe
Ferroglobe PLC (NASDAQ:GSM) manufactures silicon metal, silicon-based chemicals, and manganese-based ferroalloys, supplying a broad customer base that includes aluminum and steel producers, automotive suppliers, photovoltaic cell makers, and concrete manufacturers. Its product slate spans silicone chemicals for personal-care and electronics, silicomanganese and ferromanganese for steel de-oxidation, ferrosilicon for stainless-steel and electrode production, calcium silicon for cast-iron and welding, and silica fume as a by-product of its electrometallurgical processes.
The company’s upstream assets comprise quartz mines in South Africa, Spain, the United States, and Canada, low-ash metallurgical coal mines in the U.S., a charcoal plant in South Africa, and a hydroelectric power facility in France, giving Ferroglobe a vertically integrated cost structure that mitigates exposure to external raw-material price swings.
Key financial metrics (FY 2023) show revenue of roughly $620 million, an EBITDA margin near 15 %, and free cash flow of about $80 million, with a net debt-to-equity ratio of 0.8. Production capacity is estimated at ~150 kt of silicon metal annually, positioning the firm to capture growth in sectors that are sensitive to silicon supply.
Sector drivers that materially affect Ferroglobe’s outlook include (1) the accelerating demand for silicon metal in photovoltaic panels and electric-vehicle battery modules, (2) cyclical steel-reduction activities tied to global infrastructure spending, and (3) tightening carbon-emission regulations that can increase the premium on low-carbon ferroalloys produced with the company’s hydro-powered assets.
Assuming stable energy costs and no major disruptions to its quartz supply chain, Ferroglobe’s diversified product mix and integrated mining-to-product model should provide a cushion against commodity volatility; however, a sustained rise in metallurgical coal prices or stricter ESG mandates could compress margins.
For a deeper quantitative view, you may want to explore the GSM profile on ValueRay, where you can compare its valuation multiples to peers.
GSM Stock Overview
| Market Cap in USD | 780m |
| Sub-Industry | Diversified Metals & Mining |
| IPO / Inception | 2009-07-30 |
GSM Stock Ratings
| Growth Rating | -23.5% |
| Fundamental | 27.5% |
| Dividend Rating | 52.7% |
| Return 12m vs S&P 500 | -13.9% |
| Analyst Rating | 4.0 of 5 |
GSM Dividends
| Dividend Yield 12m | 1.65% |
| Yield on Cost 5y | 9.86% |
| Annual Growth 5y | % |
| Payout Consistency | 55.3% |
| Payout Ratio | 7.6% |
GSM Growth Ratios
| Growth Correlation 3m | 12.3% |
| Growth Correlation 12m | -16.4% |
| Growth Correlation 5y | -14.7% |
| CAGR 5y | -12.97% |
| CAGR/Max DD 3y | -0.24 |
| CAGR/Mean DD 3y | -0.43 |
| Sharpe Ratio 12m | -1.28 |
| Alpha | -20.51 |
| Beta | 0.984 |
| Volatility | 46.44% |
| Current Volume | 644.6k |
| Average Volume 20d | 713.6k |
| Stop Loss | 4 (-4.5%) |
| Signal | 0.57 |
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income (-104.5m TTM) > 0 and > 6% of Revenue (6% = 89.7m TTM) |
| FCFTA 0.00 (>2.0%) and ΔFCFTA -15.16pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 20.95% (prev 21.28%; Δ -0.33pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.05 (>3.0%) and CFO 76.3m > Net Income -104.5m (YES >=105%, WARN >=100%) |
| Net Debt (84.5m) to EBITDA (29.8m) ratio: 2.83 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.56 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (188.1m) change vs 12m ago -1.50% (target <= -2.0% for YES) |
| Gross Margin 25.03% (prev 35.56%; Δ -10.53pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 89.75% (prev 97.91%; Δ -8.15pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -3.66 (EBITDA TTM 29.8m / Interest Expense TTM 12.0m) >= 6 (WARN >= 3) |
Altman Z'' 1.87
| (A) 0.19 = (Total Current Assets 872.0m - Total Current Liabilities 558.8m) / Total Assets 1.66b |
| (B) 0.01 = Retained Earnings (Balance) 23.5m / Total Assets 1.66b |
| (C) -0.03 = EBIT TTM -43.9m / Avg Total Assets 1.67b |
| (D) 0.73 = Book Value of Equity 616.5m / Total Liabilities 848.2m |
| Total Rating: 1.87 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 27.52
| 1. Piotroski 4.0pt = -1.0 |
| 2. FCF Yield 1.05% = 0.53 |
| 3. FCF Margin 0.55% = 0.14 |
| 4. Debt/Equity 0.19 = 2.48 |
| 5. Debt/Ebitda 5.21 = -2.50 |
| 6. ROIC - WACC -26.47% = -12.50 |
| 7. RoE -13.54% = -2.26 |
| 8. Rev. Trend -61.87% = -3.09 |
| 9. Rev. CAGR -14.40% = -2.40 |
| 10. EPS Trend -74.99% = -1.87 |
| 11. EPS CAGR 0.0% = 0.0 |
What is the price of GSM shares?
Over the past week, the price has changed by -2.33%, over one month by -0.48%, over three months by +7.27% and over the past year by +2.33%.
Is Ferroglobe a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of GSM is around 3.70 USD . This means that GSM is currently overvalued and has a potential downside of -11.69%.
Is GSM a buy, sell or hold?
- Strong Buy: 1
- Buy: 0
- Hold: 1
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the GSM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 8 | 90.9% |
| Analysts Target Price | 8 | 90.9% |
| ValueRay Target Price | 4.1 | -1.7% |
Last update: 2025-09-03 04:38
GSM Fundamental Data Overview
CCE Cash And Equivalents = 148.1m USD (Cash And Short Term Investments, last quarter)
P/E Trailing = 5.8873
P/E Forward = 9.1743
P/S = 0.5218
P/B = 1.1162
P/EG = 9.51
Beta = 1.621
Revenue TTM = 1.50b USD
EBIT TTM = -43.9m USD
EBITDA TTM = 29.8m USD
Long Term Debt = 45.9m USD (from longTermDebt, last quarter)
Short Term Debt = 109.2m USD (from shortTermDebt, last quarter)
Debt = 155.2m USD (Calculated: Short Term 109.2m + Long Term 45.9m)
Net Debt = 84.5m USD (from netDebt column, last quarter)
Enterprise Value = 787.2m USD (780.1m + Debt 155.2m - CCE 148.1m)
Interest Coverage Ratio = -3.66 (Ebit TTM -43.9m / Interest Expense TTM 12.0m)
FCF Yield = 1.05% (FCF TTM 8.28m / Enterprise Value 787.2m)
FCF Margin = 0.55% (FCF TTM 8.28m / Revenue TTM 1.50b)
Net Margin = -6.99% (Net Income TTM -104.5m / Revenue TTM 1.50b)
Gross Margin = 25.03% ((Revenue TTM 1.50b - Cost of Revenue TTM 1.12b) / Revenue TTM)
Tobins Q-Ratio = 1.28 (Enterprise Value 787.2m / Book Value Of Equity 616.5m)
Interest Expense / Debt = 3.20% (Interest Expense 4.97m / Debt 155.2m)
Taxrate = 43.86% (16.3m / 37.1m)
NOPAT = -43.9m (EBIT -43.9m, no tax applied on loss)
Current Ratio = 1.56 (Total Current Assets 872.0m / Total Current Liabilities 558.8m)
Debt / Equity = 0.19 (Debt 155.2m / last Quarter total Stockholder Equity 812.6m)
Debt / EBITDA = 5.21 (Net Debt 84.5m / EBITDA 29.8m)
Debt / FCF = 18.75 (Debt 155.2m / FCF TTM 8.28m)
Total Stockholder Equity = 772.4m (last 4 quarters mean)
RoA = -6.29% (Net Income -104.5m, Total Assets 1.66b )
RoE = -13.54% (Net Income TTM -104.5m / Total Stockholder Equity 772.4m)
RoCE = -5.37% (Ebit -43.9m / (Equity 772.4m + L.T.Debt 45.9m))
RoIC = -18.13% (NOPAT -43.9m / Invested Capital 242.3m)
WACC = 8.34% (E(780.1m)/V(935.3m) * Re(9.64%)) + (D(155.2m)/V(935.3m) * Rd(3.20%) * (1-Tc(0.44)))
Shares Correlation 3-Years: -10.69 | Cagr: -0.03%
Discount Rate = 9.64% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 70.76% ; FCFE base≈109.6m ; Y1≈98.9m ; Y5≈85.3m
Fair Price DCF = 6.32 (DCF Value 1.18b / Shares Outstanding 186.6m; 5y FCF grow -12.20% → 3.0% )
Revenue Correlation: -61.87 | Revenue CAGR: -14.40%
Rev Growth-of-Growth: 2.54
EPS Correlation: -74.99 | EPS CAGR: 0.0%
EPS Growth-of-Growth: -33.24
Additional Sources for GSM Stock
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Fund Manager Positions: Dataroma | Stockcircle