voestalpine AG (VASS) AI Stock Analysis

voestalpine AG

(Frankfurt:VASS)

Rating:―N/A

Action:N/A

Date:―

No summary available

Positive Factors

Revenue and Margin ReboundThe strong TTM revenue rebound and concurrent margin improvement indicate that the business is recovering across both volume and profitability measures. This strengthens the company’s earnings base over the next several quarters, although the durability of the improvement remains tied to industrial demand.

Negative Factors

Profitability Below Prior Cycle PeaksThe recovery has not restored profitability to prior cycle highs, indicating that earnings power remains only partially normalized. Lower margins leave less protection against weaker steel pricing, higher operating costs, or softer industrial demand and may limit internally funded growth.

voestalpine AG (VASS) vs. iShares MSCI Germany ETF (EWG)

Market Cap: EUR 8.11B
Dividend Yield: 1.78%
Average Volume (3M): 99
Price to Earnings (P/E): 13.6
Beta (1Y): 1.19
Revenue Growth: -2.22%
EPS Growth: 335.95%
Country: Germany
Employees: 48,777
Sector: Basic Materials
Sector Strength: 61
Industry: Steel

voestalpine AG Business Overview & Revenue Model

Company Description

voestalpine AG engages in the production, processing, and distribution of steel products. It operates through the following divisions: Steel, High Performance Metals, Metal Engineering, Metal Forming, and Holding and Group Services. The Steel divisio...

voestalpine AG Earnings Call Summary

Earnings Call Date:Feb 10, 2026(Q3-2026)|% Change Since:-1.38%|Next Earnings Date:Nov 10, 2026

Earnings Call SentimentPositive

The call presents a cautiously positive picture: management reported resilient operational results (EBITDA growth, strong cash generation, lower net debt and solid equity ratio), confirmed FY guidance, and highlighted strategic growth initiatives and on-time decarbonization projects. Offsetting this are notable near-term headwinds — revenue decline driven by lower prices, division-level weakness in HPM and Metal Engineering (tariff and import pressures), higher effective tax rate, and timing uncertainty from a pending divestment and delayed project volumes. Overall the company appears financially robust and executing its reorganization and growth plans, but faces cyclical and policy-related risks that temper near-term visibility.

Positive Updates

Solid Group EBITDA and Profitability

Group EBITDA of ~EUR 1.0 billion in the first 9 months (vs. EUR 970 million prior year), an increase of roughly +3.1%. EBIT reported at ~EUR 470 million versus EUR 390 million a year earlier (approx. +20.5%). Management notes all profit-line items were 'in green'.

Negative Updates

Revenue decline and price headwinds

Group revenues were down roughly EUR 600 million year-on-year for the first 9 months. Management attributes ~EUR 450 million of that to lower prices and ~EUR 50 million to a weaker US dollar; volume effects added ~EUR 120 million but were insufficient to offset price declines.

Company Guidance

Management confirmed full‑year EBITDA guidance of EUR 1.40–1.55 billion and reiterated CapEx guidance of EUR 1.1 billion, while expecting positive free cash flow for the full year and a slight positive FCF in Q4; they warned Q4 will include ~EUR 180 million ETS cash payments and around EUR 350 million of additional cash outs to year‑end (ETS + CapEx). For the first 9 months they reported EBITDA of ~EUR 1.0 billion (vs. EUR 970 million LY), cash flow from results of EUR 873 million plus a working‑capital release of EUR 228 million, and a reduction in net debt of roughly EUR 200–300 million (net debt/EBITDA ~1.0x; gearing ~19%; equity ~EUR 7.6 billion, ~50%); management expects stable auto volumes (~12 million cars p.a.), continued strength in rail/aerospace/warehouse, a gradual steel price recovery (safeguards effective from July) and a midterm normalised CapEx run‑rate nearer to ~EUR 1.0 billion p.a. after the decarbonization peak.

voestalpine AG Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

DE:VASS against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TX	73Outperform	$10.36B	14.58	5.77%	4.17%	-0.65%	18.90%
CRS	68Neutral	$14.02B	24.83	26.93%	0.28%	10.21%	38.28%
GGB	63Neutral	$8.53B	15.56	5.06%	3.23%	10.25%	4.20%
Sector *	61Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
PKX	56Neutral	$15.05B	15.35	2.39%	3.11%	-3.30%	164.60%
MT	53Neutral	$44.53B	25.14	3.31%	1.21%	3.25%	-27.63%

* Basic Materials Sector Average

Performance Comparison

DE:VASS and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
DE:VASS	Voestalpine Ag OTC	8.35	2.26	37.11%
MT	ArcelorMittal	59.81	22.08	58.51%
CRS	Carpenter Technology Corp	283.08	-27.03	-8.72%
GGB	Gerdau	4.66	1.29	38.36%
PKX	Posco	49.67	-5.12	-9.34%
TX	Ternium	52.77	18.70	54.90%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

voestalpine AG AI Stock Analysis