Steel producer for the safe dividend🔒?
Aperam has been active since 2010 & is one of the world's largest producers of stainless steel. Their customer base is diversified & consists of a wide range of industries, from automotive to medical to aerospace. They are also represented in more than 40 countries, with the distribution of sales by region as follows🌎:
🇪🇺 Europe 67.5%
🇺🇸 USA 24.3%
🛖 Asia& Africa 8.2%
Business areas & their sales distribution🎯
⚙️ 45.8% Production of stainless steels and electrical steels
⛓ 42.5% Processing & distribution of steel products
🔨 14% Production of nickel alloys and special stainless steel products
Info, this...that 📰
📣 Acquisition of ELG Haniel GmbH - specialist for trading, processing and recycling of raw materials.
- The aim is to improve the environmental balance sheet with the help of ELG's recycling systems
📊 Return on capital is around 10% - moderate average for the sector
- Growth stagnating, possible signal for further distributions
P/E ratio is 9.3 & P/B ratio is 1.7
🤑 Dividend yield is at 3.3%
📈 Performance over the last 10 years is 371.5
🏋🏼♂️ Solid business model in demand.
- Constant sales over the last years which are around 4.5 billion euros per year & constant profit margin which is between 4% to 7%.
What do you think of Aperam & did you know the company schon😶🌫️?
Would a purchase in the portfolio be worth considering or do you already hold this title🧐?
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Source: The Motley Fool, finanzen.net,
investing.com,
ariva.de , Marketscreener
