Sei Investments Co. Reduces Stake in Ternium S.A
June 26, 2023
🌥️Trending News
Sei Investments Co. recently announced that it has significantly reduced its stake in Ternium ($NYSE:TX) S.A, one of the world’s leading producers of steel and steel products. Ternium S.A is a large multinational corporation headquartered in Luxembourg. The company is listed on both the New York Stock Exchange and the Buenos Aires Stock Exchange, and is one of the largest steel companies in the world. This reduction comes after several years of strong performance by Ternium S.A, as its stock price had more than doubled over the past five years.
The company has also reported consistent growth in net income, due to strong demand for steel products in markets around the world. It remains confident in the long-term potential of Ternium S.A and will continue to monitor its performance closely.
Price History
On Monday, shares of TERNIUM S.A, a global steel and mining company closed at $40.3, down by 0.5% from its previous closing price of $40.5. The exact details of the sale have not been disclosed, but it is clear that Sei Investments Co. has significantly reduced their stake in TERNIUM S.A. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ternium S.a. More…
| Total Revenues | Net Income | Net Margin |
| 15.73k | 1.37k | 9.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ternium S.a. More…
| Operations | Investing | Financing |
| 2.67k | -2.15k | -1.05k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ternium S.a. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 17.91k | 3.65k | 62.3 |
Key Ratios Snapshot
Some of the financial key ratios for Ternium S.a are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 17.4% | 44.6% | 13.1% |
| FCF Margin | ROE | ROA |
| 12.8% | 10.7% | 7.2% |
Analysis
At GoodWhale, we recently performed an analysis of TERNIUM S.A.’s wellbeing. Through our analysis, we concluded that TERNIUM S.A is a medium risk investment in terms of financial and business aspects. Our findings show that there are 1 risk warnings found in the balance sheet, so we encourage you to register with us to access more detailed information. We believe that by making decisions based on accurate and comprehensive data, investors can better protect their investments in TERNIUM S.A. More…
Peers
In recent years, the Chinese steel industry has been undergoing a period of intense competition, with a number of major players vying for market share. Among them, Ternium SA has emerged as a key competitor, particularly in the production of high-quality steel products. The company has invested heavily in research and development in order to maintain its position as a leading player in the industry, and this has paid off in terms of both market share and profitability. While Ternium faces stiff competition from a number of other major Chinese steel producers, it is well-positioned to continue its growth in the years ahead.
– Lingyuan Iron & Steel Co Ltd ($SHSE:600231)
Lingyuan Iron & Steel Co Ltd is a Chinese steel producer with a market cap of $5.88B as of 2022. The company has a Return on Equity of -2.8%. Lingyuan Iron & Steel Co Ltd produces a variety of steel products including pipes, plates, and coils. The company has over 3,500 employees and operates in China, Europe, and the United States.
– Daehan Steel Co Ltd ($KOSE:084010)
Daehan Steel Co Ltd is a South Korean steel manufacturer. The company has a market cap of 232.09B as of 2022 and a Return on Equity of 28.52%. Daehan Steel Co Ltd is a leading manufacturer of steel products in South Korea. The company produces a wide range of steel products, including hot rolled coils, cold rolled coils, galvanized steel coils, and pre-painted steel coils.
– Xinjiang Ba Yi Iron & Steel Co Ltd ($SHSE:600581)
Xinjiang Ba Yi Iron & Steel Co Ltd is a Chinese steel company with a market cap of 5.72 billion as of 2022. The company has a Return on Equity of -24.16%. The company is involved in the production of iron and steel products.
Summary
Ternium S.A. is a steel company based in Luxembourg. Recently, Sei Investments Co. reduced its holdings in Ternium by an undisclosed amount. This move is likely to have an effect on the share price of Ternium S.A. Investors should consider the potential implications of this ownership change before making any decisions about the company. In general, Ternium has had strong earnings over the past few years and its financial statements highlight the company’s ability to generate profits.
The company also has good potential for growth, with an impressive portfolio of projects and investments in new technologies. Analysts expect Ternium to continue to expand its product offerings and capitalize on new opportunities in the steel industry. Investors should exercise caution when making any decisions about Ternium S.A., as this ownership change could have wider implications on its stock price and future performance.
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