(NDA) Aurubis - Overview
Stock: Copper, Gold, Silver, Tin, Lead
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 1.94% |
| Yield on Cost 5y | 5.19% |
| Yield CAGR 5y | -11.38% |
| Payout Consistency | 84.9% |
| Payout Ratio | 55.7% |
| Risk 5d forecast | |
|---|---|
| Volatility | 33.8% |
| Relative Tail Risk | -7.68% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.26 |
| Alpha | 98.73 |
| Character TTM | |
|---|---|
| Beta | 0.290 |
| Beta Downside | 0.544 |
| Drawdowns 3y | |
|---|---|
| Max DD | 38.66% |
| CAGR/Max DD | 0.59 |
Description: NDA Aurubis January 10, 2026
Aurubis AG (XETRA:NDA) is a vertically integrated metals producer headquartered in Hamburg, Germany. It refines metal concentrates and a broad range of recycling streams-including copper, alloy, electronic, and industrial scrap-into primary and specialty copper products (cast rods, wires, rolled shapes) as well as by-products such as gold, silver, tin, lead, tellurium and sulfuric acid. The firm traces its roots to 1866 (formerly Norddeutsche Affinerie) and operates large smelting facilities in Hamburg and other German sites.
Key quantitative drivers: (1) Aurubis processes roughly 2 million t of copper annually, making it Europe’s largest copper recycler; (2) its EBITDA margin has averaged ~9 % over the past three years, but is highly sensitive to copper price swings (≈ €9 k/t in 2024); (3) the company’s ESG profile is a material factor-its 2023 carbon-intensity of 0.5 t CO₂e per tonne of copper is among the lowest in the sector, positioning it to benefit from tightening EU emissions regulations. These metrics, together with the broader macro trend of rising demand for recycled copper in electric-vehicle and renewable-energy supply chains, shape Aurubis’s growth outlook.
For a deeper quantitative view, the ValueRay platform provides a concise, data-rich analysis of NDA’s valuation and risk profile.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income: 539.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA 3.10 > 1.0 |
| NWC/Revenue: 15.74% < 20% (prev 14.72%; Δ 1.02% < -1%) |
| CFO/TA 0.08 > 3% & CFO 675.0m > Net Income 539.0m |
| Net Debt (222.0m) to EBITDA (976.0m): 0.23 < 3 |
| Current Ratio: 2.21 > 1.5 & < 3 |
| Outstanding Shares: last quarter (43.7m) vs 12m ago -0.28% < -2% |
| Gross Margin: 9.30% > 18% (prev 0.09%; Δ 920.9% > 0.5%) |
| Asset Turnover: 216.8% > 50% (prev 219.3%; Δ -2.46% > 0%) |
| Interest Coverage Ratio: 32.30 > 6 (EBITDA TTM 976.0m / Interest Expense TTM 23.0m) |
Altman Z'' 5.43
| A: 0.32 (Total Current Assets 5.24b - Total Current Liabilities 2.37b) / Total Assets 8.97b |
| B: 0.46 (Retained Earnings 4.09b / Total Assets 8.97b) |
| C: 0.09 (EBIT TTM 743.0m / Avg Total Assets 8.41b) |
| D: 1.19 (Book Value of Equity 4.73b / Total Liabilities 3.96b) |
| Altman-Z'' Score: 5.43 = AAA |
Beneish M -2.86
| DSRI: 1.08 (Receivables 731.0m/637.0m, Revenue 18.23b/17.20b) |
| GMI: 0.94 (GM 9.30% / 8.71%) |
| AQI: 1.22 (AQ_t 0.05 / AQ_t-1 0.04) |
| SGI: 1.06 (Revenue 18.23b / 17.20b) |
| TATA: -0.02 (NI 539.0m - CFO 675.0m) / TA 8.97b) |
| Beneish M-Score: -2.86 (Cap -4..+1) = A |
What is the price of NDA shares?
Over the past week, the price has changed by +1.42%, over one month by +27.52%, over three months by +47.53% and over the past year by +102.07%.
Is NDA a buy, sell or hold?
What are the forecasts/targets for the NDA price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 130.3 | -20.8% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 193.2 | 17.4% |
NDA Fundamental Data Overview February 07, 2026
P/E Trailing = 13.1387
P/E Forward = 8.9686
P/S = 0.3881
P/B = 1.4536
Revenue TTM = 18.23b EUR
EBIT TTM = 743.0m EUR
EBITDA TTM = 976.0m EUR
Long Term Debt = 452.0m EUR (from longTermDebt, last quarter)
Short Term Debt = 58.0m EUR (from shortTermDebt, last quarter)
Debt = 541.0m EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 222.0m EUR (from netDebt column, last quarter)
Enterprise Value = 7.29b EUR (7.07b + Debt 541.0m - CCE 319.0m)
Interest Coverage Ratio = 32.30 (Ebit TTM 743.0m / Interest Expense TTM 23.0m)
EV/FCF = -87.89x (Enterprise Value 7.29b / FCF TTM -83.0m)
FCF Yield = -1.14% (FCF TTM -83.0m / Enterprise Value 7.29b)
FCF Margin = -0.46% (FCF TTM -83.0m / Revenue TTM 18.23b)
Net Margin = 2.96% (Net Income TTM 539.0m / Revenue TTM 18.23b)
Gross Margin = 9.30% ((Revenue TTM 18.23b - Cost of Revenue TTM 16.54b) / Revenue TTM)
Gross Margin QoQ = 3.08% (prev 9.36%)
Tobins Q-Ratio = 0.81 (Enterprise Value 7.29b / Total Assets 8.97b)
Interest Expense / Debt = 0.92% (Interest Expense 5.00m / Debt 541.0m)
Taxrate = 38.24% (26.0m / 68.0m)
NOPAT = 458.9m (EBIT 743.0m * (1 - 38.24%))
Current Ratio = 2.21 (Total Current Assets 5.24b / Total Current Liabilities 2.37b)
Debt / Equity = 0.11 (Debt 541.0m / totalStockholderEquity, last quarter 5.01b)
Debt / EBITDA = 0.23 (Net Debt 222.0m / EBITDA 976.0m)
Debt / FCF = -2.67 (negative FCF - burning cash) (Net Debt 222.0m / FCF TTM -83.0m)
Total Stockholder Equity = 4.96b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.41% (Net Income 539.0m / Total Assets 8.97b)
RoE = 10.87% (Net Income TTM 539.0m / Total Stockholder Equity 4.96b)
RoCE = 13.73% (EBIT 743.0m / Capital Employed (Equity 4.96b + L.T.Debt 452.0m))
RoIC = 8.73% (NOPAT 458.9m / Invested Capital 5.25b)
WACC = 6.52% (E(7.07b)/V(7.61b) * Re(6.98%) + D(541.0m)/V(7.61b) * Rd(0.92%) * (1-Tc(0.38)))
Discount Rate = 6.98% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
Fair Price DCF = unknown (Cash Flow -83.0m)
EPS Correlation: -25.75 | EPS CAGR: -22.30% | SUE: 2.49 | # QB: 1
Revenue Correlation: -6.51 | Revenue CAGR: -0.39% | SUE: -0.21 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.64 | Chg30d=+0.145 | Revisions Net=+1 | Analysts=1
EPS current Year (2026-09-30): EPS=7.38 | Chg30d=+0.943 | Revisions Net=+4 | Growth EPS=+23.6% | Growth Revenue=+20.4%
EPS next Year (2027-09-30): EPS=8.56 | Chg30d=+0.413 | Revisions Net=+4 | Growth EPS=+16.0% | Growth Revenue=+4.3%