Risk factor
Good trading liquidity
Profitability factor
Very poor margins and returns
About
Eramet S.A. operates as a global mining and metallurgical enterprise, specializing in the extraction and processing of manganese ore, nickel ore, and mineral sands. The company's diverse product portfolio includes various nickel derivatives such as ferronickel, high-purity nickel metal, nickel salts, nickel and cobalt chlorides, nickel carbonate, and nickel ferroalloys, which are crucial for industries like stainless steel, catalysis, pigments, alloy steel, and casting. Eramet also manufactures an array of manganese alloys, including high-carbon ferromanganese, silicomanganese, and both low/medium-carbon ferromanganese and low-carbon silicomanganese, essential for applications in batteries, fertilizers, pigments, chemical reagents, and the construction and automotive sectors. Additionally, it supplies mineral sands like titanium dioxide, high-purity pig iron, zircon, and ilmenite, predominantly used in ceramics and pigments. The company's key operations encompass the Moanda mine in Gabon, nickel mining sites in New Caledonia and Indonesia, and mineral sand operations located in Senegal and Argentina. Founded in 1880, Eramet S.A. is headquartered in Paris, France.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is neutral on EV/EBITDA.
Target Price
The average target price of ERA.PA is 53.7 and suggests 21.1% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in