Risk factor
Good trading liquidity
Profitability factor
Weak margins and returns
About
Umicore S.A. operates as a global leader in advanced materials technology and sustainable recycling solutions. The company's diverse activities are structured across three key business segments: 1. Catalysis: This division is responsible for manufacturing sophisticated automotive catalysts for both gasoline and diesel vehicles, encompassing light and heavy-duty applications. It also develops stationary catalysts designed for industrial emissions control and supplies precious metals-based compounds and catalysts crucial for the pharmaceutical and fine chemicals industries, alongside solutions for fuel cell technology. 2. Energy & Surface Technologies: This segment delivers specialized cobalt and other advanced materials, rechargeable battery materials, and electro-optic components. Furthermore, it provides comprehensive metal deposition solutions, including electroplating and Physical Vapor Deposition (PVD) coating techniques. 3. Recycling: Dedicated to resource recovery, this segment processes waste streams rich in precious and other specialized metals, sourced from various industrial residues and end-of-life products. Additionally, it manufactures precious metals-based materials utilized in glass production and diverse electrical and electronic applications. With a rich history dating back to its founding in 1805, the company was initially established as Union Minière du Haut Katanga before rebranding as Umicore SA in 2001. Its headquarters are situated in Brussels, Belgium.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA, reasonably
Target Price
The average target price of UMI.BR is 24 and suggests 12% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation