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