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Acerinox SA (DE:ACE)
FRANKFURT:ACE

Acerinox SA (ACE) Price & Analysis

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ACE Stock Chart & Stats

€8.45
-€0.10(-1.23%)
At close: 4:00 PM EDT
€8.45
-€0.10(-1.23%)

Bulls Say, Bears Say

Bulls Say
Operational EBITDA RecoveryThe strong sequential EBITDA recovery indicates that operational improvements are translating into better earnings across the cycle. If sustained, higher margins, production recovery and efficiency gains can rebuild profitability and improve the company’s ability to fund investment and reduce leverage.
High-Performance Alloys GrowthGrowing HPA order entry and a record-level expected backlog support a more differentiated, higher-value business mix than commodity stainless steel alone. The resulting visibility into future deliveries could strengthen growth and margins as backlog converts into revenue through 2026 and beyond.
Improving European Market StructureLower import penetration and tighter trade measures can improve the competitive environment for Acerinox’s European operations by supporting local volumes and pricing discipline. This structural change may make margin recovery more durable than gains driven solely by temporary demand or metal-price movements.
Bears Say
Thin And Volatile ProfitabilityVery thin current profitability leaves limited protection if selling prices, volumes or input costs deteriorate. The sharp variation across the cycle also makes earnings less predictable, potentially restricting reinvestment capacity and making sustained shareholder returns dependent on a broad operating recovery.
Weak Free-Cash-Flow ConversionWeak conversion of earnings into free cash flow reduces the funds available for debt repayment, dividends, buybacks and strategic expansion. In a capital-intensive steel business, persistent cash pressure could force greater reliance on balance-sheet funding and limit flexibility during weaker demand periods.
Elevated Leverage And Weaker ReturnsHigher leverage combined with negative recent returns reduces financial flexibility while the business remains cyclical. More debt relative to equity can increase the consequences of earnings volatility, constrain capital allocation and make the company more reliant on successful operational improvement to strengthen its balance sheet.

Acerinox SA News

ACE FAQ

What was Acerinox SA’s price range in the past 12 months?
Acerinox SA lowest stock price was €5.40 and its highest was €9.25 in the past 12 months.
    What is Acerinox SA’s market cap?
    Acerinox SA’s market cap is €4.00B.
      When is Acerinox SA’s upcoming earnings report date?
      Acerinox SA’s upcoming earnings report date is Oct 30, 2026 which is in 9 days.
        How were Acerinox SA’s earnings last quarter?
        Acerinox SA released its earnings results on Jul 24, 2026. The company reported €0.143 earnings per share for the quarter, beating the consensus estimate of €0.137 by €0.006.
          Is Acerinox SA overvalued?
          According to Wall Street analysts Acerinox SA’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Acerinox SA pay dividends?
            Acerinox SA does not currently pay dividends.
            What is Acerinox SA’s EPS estimate?
            Acerinox SA’s EPS estimate is 0.18.
              How many shares outstanding does Acerinox SA have?
              Acerinox SA has 498,670,750 shares outstanding.
                What happened to Acerinox SA’s price movement after its last earnings report?
                Acerinox SA reported an EPS of €0.143 in its last earnings report, beating expectations of €0.137. Following the earnings report the stock price went down -1.227%.
                  Which hedge fund is a major shareholder of Acerinox SA?
                  Currently, no hedge funds are holding shares in DE:ACE
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Acerinox SA Stock Smart Score

                    5
                    Neutral
                    1
                    2
                    3
                    4
                    5
                    6
                    7
                    8
                    9
                    10

                    Technicals

                    SMA
                    Positive
                    20 days / 200 days
                    Momentum
                    43.26%
                    12-Months-Change

                    Fundamentals

                    Return on Equity
                    3.96%
                    Trailing 12-Months
                    Asset Growth
                    -2.38%
                    Trailing 12-Months
                    Learn more about TipRanks Smart Score

                    Company Description

                    Acerinox SA

                    Acerinox, S.A. is a global enterprise that, through its subsidiaries, manufactures, processes, and distributes stainless steel products. Its reach spans continents, including Spain, the Americas, Africa, Asia, Oceania, and Europe. The company's offerings comprise a diverse selection of flat products, featuring items like cold and hot-rolled coils (including black and teardrop varieties), hot and cold-rolled sheets, alongside foundational materials such as roughing materials, discs, billets, and plates. Additionally, Acerinox provides a broad spectrum of long products. These include steel and color-coated wires, corrugated wires, hexagonal wire rods, various types of bars (hot-rolled, cold-rolled, decorticated, and black rebars), steel profiles, and corrugated hot rolls. Established in 1970, Acerinox maintains its corporate headquarters in Madrid, Spain.

                    Acerinox SA (ACE) Earnings & Revenues

                    ACE Company Deck

                    ACE Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call conveyed a constructive and improving operational picture: strong Q2 EBITDA (EUR 176m, +85% QoQ), higher production and visible recovery in the U.S. stainless and HPA order books, meaningful synergy capture and active investment for growth. These positives were balanced against short-term headwinds — weak demand, working capital-driven debt increase (net debt ~EUR 1.266bn; debt/EBITDA ~2.5), sector-specific softness (oil & gas, CPI), metal-price volatility and seasonal slowdown. Management expressed confidence in structural improvements in Europe (CBAM/quota reductions) and reiterated targets (reduce debt/EBITDA to ~2x; annualized EBITDA ambition above ~EUR 500m) while warning of limited short-term visibility and possible Q3 seasonality impacts.View all DE:ACE earnings summaries
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