(NDA) Aurubis - Overview
Sector: Industrials | Industry: Metal Fabrication | Exchange: XETRA (Germany) | Market Cap: 8.959m EUR | Total Return: 158.4% in 12m
Avg Turnover: 29.2M
EPS Trend: 35.6%
Qual. Beats: 2
Rev. Trend: 86.2%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Leader, Tailwind, Pullback 52w
Aurubis AG is a Hamburg-headquartered metal producer and recycler specializing in the processing of metal concentrates and complex recycling materials. The company operates a multi-metal smelting network that transforms copper concentrates and various scrap materials-including electronic waste and industrial residues-into high-purity metals such as copper, gold, silver, and lead. Its product portfolio extends to semi-finished copper products like cast rods, specialty wires, and rolled architectural solutions.
The business model relies on a multi-metal provider strategy, where the extraction of precious metals and sulfuric acid as by-products from copper concentrates significantly enhances profit margins beyond standard smelting fees. In the global metallurgy sector, this integrated recycling approach allows firms to lower their carbon footprint compared to primary mining, as recycling copper requires up to 80% less energy than extracting it from ore.
Investors can further evaluate these operational efficiencies and financial metrics on ValueRay. Aurubis AG, formerly known as Norddeutsche Affinerie AG, has maintained its industrial presence in Germany since its incorporation in 1866.
- Copper concentrate treatment and refining charges impact smelting segment profitability
- Global industrial demand for high-purity copper cathodes drives core revenue growth
- Fluctuations in secondary copper scrap availability and prices affect recycling margins
- Renewable energy transition increases long-term demand for copper and specialty metals
- Energy cost volatility in German operations impacts overall manufacturing cost structure
| Net Income: 920.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.00 > 0.02 and ΔFCF/TA 1.71 > 1.0 |
| NWC/Revenue: 18.13% < 20% (prev 16.11%; Δ 2.02% < -1%) |
| CFO/TA 0.06 > 3% & CFO 651.0m > Net Income 920.9m |
| Net Debt (390.0m) to EBITDA (1.42b): 0.27 < 3 |
| Current Ratio: 2.14 > 1.5 & < 3 |
| Outstanding Shares: last quarter (43.7m) vs 12m ago 0.0% < -2% |
| Gross Margin: 8.43% > 18% (prev 0.11%; Δ 831.4% > 0.5%) |
| Asset Turnover: 211.7% > 50% (prev 211.7%; Δ -0.02% > 0%) |
| Interest Coverage Ratio: 61.53 > 6 (EBITDA TTM 1.42b / Interest Expense TTM 19.0m) |
| A: 0.35 (Total Current Assets 6.91b - Total Current Liabilities 3.22b) / Total Assets 10.6b |
| B: 0.51 (Retained Earnings 5.37b / Total Assets 10.6b) |
| C: 0.12 (EBIT TTM 1.17b / Avg Total Assets 9.60b) |
| D: 1.13 (Book Value of Equity 5.48b / Total Liabilities 4.86b) |
| Altman-Z'' = 5.92 = AAA |
| DSRI: 0.81 (Receivables 788.0m/870.0m, Revenue 20.3b/18.1b) |
| GMI: 1.35 (GM 8.43% / 11.41%) |
| AQI: 0.85 (AQ_t 0.03 / AQ_t-1 0.04) |
| SGI: 1.12 (Revenue 20.3b / 18.1b) |
| TATA: 0.03 (NI 920.9m - CFO 651.0m) / TA 10.6b) |
| Beneish M = -2.84 (Cap -4..+1) = A |
As of May 24, 2026, the stock is trading at EUR 195.00 with a total of 134,042 shares traded.
Over the past week, the price has changed by -3.07%,
over one month by +3.06%,
over three months by +16.79% and
over the past year by +158.37%.
Aurubis has no consensus analysts rating.
P/E Trailing = 9.7297
P/E Forward = 8.9686
P/S = 0.44
P/B = 1.5288
P/EG = 1.8321
Revenue TTM = 20.3b EUR
EBIT TTM = 1.17b EUR
EBITDA TTM = 1.42b EUR
Long Term Debt = 452.0m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 60.0m EUR (from shortTermDebt, last quarter)
Debt = 557.0m EUR (corrected: LT Debt 452.0m + ST Debt 60.0m) + Leases 45.0m
Net Debt = 390.0m EUR (calculated: Debt 557.0m - CCE 167.0m)
Enterprise Value = 9.35b EUR (8.96b + Debt 557.0m - CCE 167.0m)
Interest Coverage Ratio = 61.53 (Ebit TTM 1.17b / Interest Expense TTM 19.0m)
EV/FCF = -1000.0x (Enterprise Value 9.35b / FCF TTM -2.00m)
FCF Yield = -0.02% (FCF TTM -2.00m / Enterprise Value 9.35b)
FCF Margin = -0.01% (FCF TTM -2.00m / Revenue TTM 20.3b)
Net Margin = 4.53% (Net Income TTM 920.9m / Revenue TTM 20.3b)
Gross Margin = 8.43% ((Revenue TTM 20.3b - Cost of Revenue TTM 18.6b) / Revenue TTM)
Gross Margin QoQ = 11.30% (prev 8.78%)
Tobins Q-Ratio = 0.88 (Enterprise Value 9.35b / Total Assets 10.6b)
Interest Expense / Debt = 3.41% (Interest Expense 19.0m / Debt 557.0m)
Taxrate = 25.04% (160.0m / 639.0m)
NOPAT = 876.3m (EBIT 1.17b * (1 - 25.04%))
Current Ratio = 2.14 (Total Current Assets 6.91b / Total Current Liabilities 3.22b)
Debt / Equity = 0.10 (Debt 557.0m / totalStockholderEquity, last quarter 5.77b)
Debt / EBITDA = 0.27 (Net Debt 390.0m / EBITDA 1.42b)
Debt / FCF = -195.0 (out of range, set to none) (Net Debt 390.0m / FCF TTM -2.00m)
Total Stockholder Equity = 5.27b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.59% (Net Income 920.9m / Total Assets 10.6b)
RoE = 17.46% (Net Income TTM 920.9m / Total Stockholder Equity 5.27b)
RoCE = 20.42% (EBIT 1.17b / Capital Employed (Equity 5.27b + L.T.Debt 452.0m))
RoIC = 11.78% (NOPAT 876.3m / Invested Capital 7.44b)
WACC = 9.29% (E(8.96b)/V(9.52b) * Re(9.71%) + D(557.0m)/V(9.52b) * Rd(3.41%) * (1-Tc(0.25)))
Discount Rate = 9.71% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -18.26 | Cagr: 0.0%
[DCF] Fair Price = unknown (Cash Flow -2.00m)
EPS Correlation: 35.56 | EPS CAGR: 15.03% | SUE: 4.0 | # QB: 2
Revenue Correlation: 86.24 | Revenue CAGR: 5.82% | SUE: -0.57 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.81 | Chg30d=-5.03% | Revisions=+20% | Analysts=1
EPS current Year (2026-09-30): EPS=8.79 | Chg30d=+4.12% | Revisions=+33% | GrowthEPS=+47.2% | GrowthRev=+28.6%
EPS next Year (2027-09-30): EPS=10.02 | Chg30d=+6.82% | Revisions=+40% | GrowthEPS=+14.0% | GrowthRev=+6.0%
[Analyst] Revisions Ratio: +40%