NDA Stock Analysis: Aurubis | XETRA
Metal Fabrication | XETRA, Germany | Market Cap: 7.793m EUR | 12M Return: 85.9% | DE0006766504 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 21.5M
EPS Trend: 53.0%
Qual. Beats: 0
Rev. Trend: 88.6%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 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.
Aurubis AG is a German metal processor headquartered in Hamburg that operates one of Europes largest integrated copper smelter networks. The company processes metal concentrates and a wide range of recycling raw materials-including scrap metals, electronic waste, printed circuit boards, and industrial residues-into refined copper and a broad portfolio of by-products such as gold, silver, tin, lead, tellurium, and selenium. Beyond primary smelting, Aurubis manufactures downstream copper and alloy products including cast rods, specialty wires, rolled products, and architectural components, and also markets co-products like sulfuric acid and iron silicate. The business model is notable for its vertical integration, combining primary concentrate processing with secondary raw material recycling to recover multiple metals from complex feed streams.
Aurubis was incorporated in 1866 and was known as Norddeutsche Affinerie AG until adopting its current name in April 2009. As a member of the Industrials sector classified under Industrial Machinery & Supplies & Components, the company sits at the intersection of mining, metallurgy, and recycling-making its earnings sensitive to global copper prices, treatment and refining charges, and the availability of scrap feed materials.
- Copper prices and TC/RCs drive core smelting segment earnings
- Energy and natural gas costs pressure European smelting margins
- Recycling and multi-metal expansion projects lift future processing capacity
| Net Income: 996.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -2.21 > 1.0 |
| NWC/Revenue: 17.09% < 20% (prev 16.11%; Δ 0.98% < -1%) |
| CFO/TA 0.03 > 3% & CFO 289.0m > Net Income 996.0m |
| Net Debt (731.0m) to EBITDA (1.60b): 0.46 < 3 |
| Current Ratio: 2.15 > 1.5 & < 3 |
| Outstanding Shares: last quarter (43.7m) vs 12m ago 0.0% < -2% |
| Gross Margin: 7.00% > 18% (prev 11.10%; Δ -4.10% > 0.5%) |
| Asset Turnover: 229.2% > 50% (prev 213.4%; Δ 15.79% > 0%) |
| Interest Coverage Ratio: 53.16 > 6 (EBIT TTM 1.33b / Interest Expense TTM 25.0m) |
| A: 0.35 (Total Current Assets 7.08b - Total Current Liabilities 3.29b) / Total Assets 10.9b |
| B: 0.51 (Retained Earnings 5.53b / Total Assets 10.9b) |
| C: 0.14 (EBIT TTM 1.33b / Avg Total Assets 9.67b) |
| D: 1.19 (Book Value of Equity 5.91b / Total Liabilities 4.96b) |
| Altman-Z'' = 6.11 = AAA |
| DSRI: 0.93 (Receivables 1.21b/1.06b, Revenue 22.2b/18.1b) |
| GMI: 1.59 (GM 11.10% / 7.00%) |
| AQI: 1.17 (AQ_t 0.01 / AQ_t-1 0.01) |
| SGI: 1.23 (Revenue 22.2b / 18.1b) |
| TATA: 0.06 (NI 996.0m - CFO 289.0m) / TA 10.9b) |
| Beneish M = -2.28 (Cap -4..+1) = BBB |
As of August 31, 2026, the stock is trading at EUR 178.90 with a total of 66,513 shares traded. Over the past week, the price has changed by -0.06%, over one month by -1.38%, over three months by -16.71% and over the past year by +85.89%.
Current recommended Stop Loss: 163.40 (which is 8.7% or 2.4 ATR below the current price).
Aurubis has no consensus analysts rating.
P/E Trailing = 7.8255
P/E Forward = 8.9686
P/S = 0.3517
P/B = 1.3108
P/EG = 1.8321
Revenue TTM = 22.2b EUR
EBIT TTM = 1.33b EUR
EBITDA TTM = 1.60b EUR
Long Term Debt = 452.0m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 269.0m EUR (from shortTermDebt, last quarter)
Debt = 784.0m EUR (from shortLongTermDebtTotal, last quarter) + Leases 45.0m
Net Debt = 731.0m EUR (calculated: Debt 784.0m - CCE 53.0m)
Enterprise Value = 8.52b EUR (7.79b + Debt 784.0m - CCE 53.0m)
Interest Coverage Ratio = 53.16 (Ebit TTM 1.33b / Interest Expense TTM 25.0m)
EV/FCF = -33.30x (Enterprise Value 8.52b / FCF TTM -256.0m)
FCF Yield = -3.00% (FCF TTM -256.0m / Enterprise Value 8.52b)
FCF Margin = -1.16% (FCF TTM -256.0m / Revenue TTM 22.2b)
Net Margin = 4.49% (Net Income TTM 996.0m / Revenue TTM 22.2b)
Gross Margin = 7.00% ((Revenue TTM 22.2b - Cost of Revenue TTM 20.6b) / Revenue TTM)
Gross Margin QoQ = 4.19% (prev 11.30%)
Tobins Q-Ratio = 0.78 (Enterprise Value 8.52b / Total Assets 10.9b)
Interest Expense / Debt = 3.19% (Interest Expense 25.0m / Debt 784.0m)
Taxrate = 25.67% (344.0m / 1.34b)
NOPAT = 987.8m (EBIT 1.33b * (1 - 25.67%))
Current Ratio = 2.15 (Total Current Assets 7.08b / Total Current Liabilities 3.29b)
Debt / Equity = 0.13 (Debt 784.0m / totalStockholderEquity, last quarter 5.91b)
Debt / EBITDA = 0.46 (Net Debt 731.0m / EBITDA 1.60b)
Debt / FCF = -2.86 (negative FCF - burning cash) (Net Debt 731.0m / FCF TTM -256.0m)
Total Stockholder Equity = 5.50b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.30% (Net Income 996.0m / Total Assets 10.9b)
RoE = 18.09% (Net Income TTM 996.0m / Total Stockholder Equity 5.50b)
RoCE = 22.31% (EBIT 1.33b / Capital Employed (Equity 5.50b + L.T.Debt 452.0m))
RoIC = 12.66% (NOPAT 987.8m / Invested Capital 7.80b)
WACC = 9.73% (E(7.79b)/V(8.58b) * Re(10.47%) + D(784.0m)/V(8.58b) * Rd(3.19%) * (1-Tc(0.26)))
Discount Rate = 10.47% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -46.47 | Cagr: 0.0%
[DCF] Fair Price = unknown (Cash Flow -256.0m)
EPS Correlation: 53.04 | EPS CAGR: 13.07% | SUE: 0.72 | # QB: 0
Revenue Correlation: 88.65 | Revenue CAGR: 8.76% | SUE: 0.86 | # QB: 1
EPS current Quarter (2026-12-31): EPS=2.59 | Chg30d=-6.81% | Revisions=-25% | Analysts=1
EPS current Year (2026-09-30): EPS=9.10 | Chg30d=+1.00% | Revisions=+36% | GrowthEPS=+52.5% | GrowthRev=+34.3%
EPS next Year (2027-09-30): EPS=10.08 | Chg30d=-3.17% | Revisions=+18% | GrowthEPS=+10.7% | GrowthRev=+8.7%
[Analyst] Revisions Ratio: +25% (up=11, down=6)