Ferroglobe Plc Stock Fair Value Calculation – FERROGLOBE PLC Reports 29.7% Decrease in Total Revenue for FY2023 Q3

🌥️Earnings Overview

On November 7 2023, FERROGLOBE PLC ($NASDAQ:GSM) reported their Q3 results for FY2023, displaying a total revenue of USD 416.8 million, a decrease of 29.7% from the same period in FY2022. Meanwhile, the net income for Q3 dropped by 58.1%, amounting to USD 40.9 million compared to the same period in the previous year.

Analysis – Ferroglobe Plc Stock Fair Value Calculation

GoodWhale has conducted a comprehensive analysis of FERROGLOBE PLC‘s fundamentals and determined their fair value to be around $4.7. Our proprietary Valuation Line tool was used to calculate this number, taking into account the company’s financial strengths and weaknesses. Currently, FERROGLOBE PLC stock is traded at $4.5, indicating that the stock is slightly undervalued by 4.3%. This means that current investors may be presented with a good opportunity to invest at a price lower than the true worth of the company. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Ferroglobe Plc. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Ferroglobe Plc. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Ferroglobe Plc. More…

Key Ratios Snapshot

Some of the financial key ratios for Ferroglobe Plc are shown below. More…

Peers

Ferroglobe PLC is one of the leading players in the ferroalloys industry, facing stiff competition from established players such as Eramet SA, Hangzhou Yitong New Material Co Ltd, and Sichuan Hongda Co Ltd. All these companies are vying for market share and dominance in the ferroalloys space, with the goal of becoming the top supplier of these essential metals and alloys. As such, Ferroglobe PLC must stay ahead of its competitors in terms of technological innovation, product quality, and customer service in order to remain competitive.

– Eramet SA ($LTS:0MGV)

Eramet SA is a French mining and metallurgical company with interests in the extraction, production and processing of manganese and nickel ore. The company has a market capitalization of 2.69 billion Euros as of 2023 and a Return on Equity of 80.99%. This reflects the strong financial performance of the company and its ability to generate profits from its operations. The company has operations in France, Finland, Norway and Australia, with its main focus being the production of high-quality manganese and nickel alloys, which are used in various industries including automotive and aerospace. The company also produces a range of products for the electrical and electronics industry.

– Hangzhou Yitong New Material Co Ltd ($SZSE:300930)

Hangzhou Yitong New Material Co Ltd is a Chinese industrial enterprise that specializes in the production of polymer materials. The company has a market capitalization of 3.16 billion as of 2023, which indicates its size and strength in the industry. Furthermore, its return on equity (ROE) stands at 7.96%, demonstrating its ability to generate profits from its shareholders’ investments. This company is well-positioned to remain competitive in the industry and to generate returns for its shareholders.

– Sichuan Hongda Co Ltd ($SHSE:600331)

S i c h u a n H o n g d a C o L t d i s a C h i n e s e c h e m i c a l c o m p a n y f o c u s e d o n t h e p r o d u c t i o n a n d s a l e o f c h e m i c a l p r o d u c t s , i n c l u d i n g a m m o n i u m s u l f a t e , c a l c i u m c h l o r i d e , a n d m a g n e s i u m h y d r o x i d e . T h e c o m p a n y h a s a m a r k e t c a p o f 7 . 0 1 B a s o f 2 0 2 3 , w h i c h i n d i c a t e s t h a t t h e c o m p a n y i s a m i d – s i z e d b u s i n e s s i n t e r m s o f m a r k e t c a p i t a l i z a t i o n . A d d i t i o n a l l y , t h e c o m p a n y h a s a n i m p r e s s i v e R e t u r n o n E q u i t y o f 2 4 . 7 7 % , w h i c h i n d i c a t e s t h a t t h e c o m p a n y h a s b e e n a b l e t o g e n e r a t e s t r o n g r e t u r n s f r o m i t s i n v e s t m e n t s . T h i s s u g g e s t s t h a t S i c h u a n H o n g d a C o L t d i s a s u c c e s s f u l a n d w e l l – m a n a g e d b u s i n e s s

Summary

FERROGLOBE PLC reported its third quarter results of FY2023, which showed a decrease in revenue of 29.7% year-over-year and a drop in net income of 58.1%. This indicates a sizable decrease in performance compared to the same period in FY2022 and could be of concern to investors. Given the current market conditions, investors should carefully analyze the company’s financials and operations before making an investment decision. Furthermore, investors should also monitor any potential changes in the company’s financials and operations that could affect their investment decisions.