TX Stock Analysis: Ternium | NYSE
Steel | NYSE, USA | Market Cap: 10.693m USD | 12M Return: 70.4% | US8808901081 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 22.1M
EPS Trend: -57.1%
Qual. Beats: 0
Rev. Trend: -65.5%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
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.
Ternium S.A. is a Luxembourg-based steel manufacturer with operations spanning Mexico, the Southern Region (including Argentina and other South American markets), and Brazil. The company operates through two segments: Steel, which produces slabs, heavy plates, hot and cold rolled products, coated steel, stamped automotive parts, roll-formed and tubular products, billets, and bars; and Mining, which handles iron ore extraction and pelletizing. Founded in 1961, Ternium is a subsidiary of Techint Holdings S.à r.l. and trades on the NYSE under the ticker TX.
The steel sector is highly capital-intensive and cyclical, with demand closely tied to construction, automotive, and infrastructure activity. Terniums vertical integration-combining steel manufacturing with its own iron ore mining operations-provides raw material security and potential cost advantages, while its geographic focus positions it to benefit from ongoing urbanization and infrastructure development across Latin America.
- Steel prices in Mexico track US auto and construction demand
- Iron ore pellet sales boost mining segment margins
- Chinese steel exports pressure Latin American steel pricing and margins
| Net Income: 698.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -0.62 > 1.0 |
| NWC/Revenue: 37.84% < 20% (prev 39.94%; Δ -2.10% < -1%) |
| CFO/TA 0.06 > 3% & CFO 1.54b > Net Income 698.5m |
| Net Debt (479.6m) to EBITDA (1.94b): 0.25 < 3 |
| Current Ratio: 2.58 > 1.5 & < 3 |
| Outstanding Shares: last quarter (196.3m) vs 12m ago -0.00% < -2% |
| Gross Margin: 17.38% > 18% (prev 13.36%; Δ 4.02% > 0.5%) |
| Asset Turnover: 65.90% > 50% (prev 67.88%; Δ -1.98% > 0%) |
| Interest Coverage Ratio: 5.70 > 6 (EBIT TTM 1.16b / Interest Expense TTM 203.9m) |
| A: 0.25 (Total Current Assets 9.87b - Total Current Liabilities 3.82b) / Total Assets 24.6b |
| B: 0.54 (Retained Earnings 13.1b / Total Assets 24.6b) |
| C: 0.05 (EBIT TTM 1.16b / Avg Total Assets 24.2b) |
| D: 1.57 (Book Value of Equity 12.3b / Total Liabilities 7.81b) |
| Altman-Z'' = 5.34 = AAA |
| DSRI: 1.02 (Receivables 2.65b/2.64b, Revenue 16.0b/16.2b) |
| GMI: 0.77 (GM 13.36% / 17.38%) |
| AQI: 0.88 (AQ_t 0.15 / AQ_t-1 0.17) |
| SGI: 0.98 (Revenue 16.0b / 16.2b) |
| TATA: -0.03 (NI 698.5m - CFO 1.54b) / TA 24.6b) |
| Beneish M = -3.30 (Cap -4..+1) = AA |
As of October 12, 2026, the stock is trading at USD 58.18 with a total of 496,755 shares traded. Over the past week, the price has changed by +2.77%, over one month by +0.12%, over three months by +33.99% and over the past year by +70.40%.
Current recommended Stop Loss: 53.90 (which is 7.4% or 2.8 ATR below the current price).
Ternium has received a consensus analysts rating of 3.92. Therefore, it is recommended to buy TX.
- StrongBuy: 4
- Buy: 4
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 58.8 | 1% |
P/E Trailing = 15.3415
P/E Forward = 8.5106
P/S = 0.6944
P/B = 0.8936
P/EG = 0.1283
Revenue TTM = 16.0b USD
EBIT TTM = 1.16b USD
EBITDA TTM = 1.94b USD
Long Term Debt = 2.21b USD (from longTermDebt, last quarter)
Short Term Debt = 638.2m USD (from shortTermDebt, last quarter)
Debt = 3.21b USD (from shortLongTermDebtTotal, last quarter) + Leases 207.0m
Net Debt = 479.6m USD (calculated: Debt 3.21b - CCE 2.73b)
Enterprise Value = 11.2b USD (10.7b + Debt 3.21b - CCE 2.73b)
Interest Coverage Ratio = 5.70 (Ebit TTM 1.16b / Interest Expense TTM 203.9m)
EV/FCF = -23.59x (Enterprise Value 11.2b / FCF TTM -473.7m)
FCF Yield = -4.24% (FCF TTM -473.7m / Enterprise Value 11.2b)
FCF Margin = -2.97% (FCF TTM -473.7m / Revenue TTM 16.0b)
Net Margin = 4.37% (Net Income TTM 698.5m / Revenue TTM 16.0b)
Gross Margin = 17.38% ((Revenue TTM 16.0b - Cost of Revenue TTM 13.2b) / Revenue TTM)
Gross Margin QoQ = 21.68% (prev 17.46%)
Tobins Q-Ratio = 0.46 (Enterprise Value 11.2b / Total Assets 24.6b)
Interest Expense / Debt = 6.35% (Interest Expense 203.9m / Debt 3.21b)
Taxrate = 32.63% (356.9m / 1.09b)
NOPAT = 782.9m (EBIT 1.16b * (1 - 32.63%))
Current Ratio = 2.58 (Total Current Assets 9.87b / Total Current Liabilities 3.82b)
Debt / Equity = 0.26 (Debt 3.21b / totalStockholderEquity, last quarter 12.3b)
Debt / EBITDA = 0.25 (Net Debt 479.6m / EBITDA 1.94b)
Debt / FCF = -1.01 (negative FCF - burning cash) (Net Debt 479.6m / FCF TTM -473.7m)
Total Stockholder Equity = 12.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.88% (Net Income 698.5m / Total Assets 24.6b)
RoE = 5.77% (Net Income TTM 698.5m / Total Stockholder Equity 12.1b)
RoCE = 8.12% (EBIT 1.16b / Capital Employed (Equity 12.1b + L.T.Debt 2.21b))
RoIC = 3.81% (NOPAT 782.9m / Invested Capital 20.6b)
WACC = 7.88% (E(10.7b)/V(13.9b) * Re(8.96%) + D(3.21b)/V(13.9b) * Rd(6.35%) * (1-Tc(0.33)))
Discount Rate = 8.96% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: 0.0%
[DCF] Fair Price = unknown (Cash Flow -473.7m)
EPS Correlation: -57.09 | EPS CAGR: -40.00% | SUE: 0.72 | # QB: 0
Revenue Correlation: -65.50 | Revenue CAGR: -5.59% | SUE: -0.34 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.99 | Chg30d=+13.83% | Revisions=+17% | Analysts=4
EPS current Year (2026-12-31): EPS=6.79 | Chg30d=+15.40% | Revisions=+50% | GrowthEPS=+93.2% | GrowthRev=+11.1%
EPS next Year (2027-12-31): EPS=7.65 | Chg30d=+16.00% | Revisions=+50% | GrowthEPS=+12.6% | GrowthRev=+4.7%
[Analyst] Revisions Ratio: +58% (up=8, down=1)