FER Relative Valuation - Ferrum SA - Alpha Spread
F

Ferrum SA
WSE:FER

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Ferrum SA
WSE:FER
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Price: 4.12 PLN
Market Cap: 238.6m PLN
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Relative Value

The Relative Value of one FER stock under the Base Case scenario is 4.37 PLN. Compared to the current market price of 4.12 PLN, Ferrum SA is Undervalued by 6%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

FER Relative Value
Base Case
4.37 PLN
Undervaluation 6%
Relative Value
Price
F
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
58
vs Industry
80
Median 3Y
0.3
Median 5Y
0.4
Industry
1.7
vs History
vs Industry
2
Median 3Y
31.4
Median 5Y
-15.6
Industry
15.4
vs History
17
vs Industry
7
Median 3Y
6.4
Median 5Y
2.7
Industry
8.8
vs History
vs Industry
17
Median 3Y
12.2
Median 5Y
-11.5
Industry
14.4
vs History
36
vs Industry
30
Median 3Y
1.8
Median 5Y
1.8
Industry
1.4
vs History
58
vs Industry
82
Median 3Y
0.3
Median 5Y
0.4
Industry
2.1
vs History
65
vs Industry
48
Median 3Y
4.8
Median 5Y
5.2
Industry
7
vs History
53
vs Industry
18
Median 3Y
5.7
Median 5Y
8.7
Industry
9.9
vs History
57
vs Industry
11
Median 3Y
9.9
Median 5Y
18.5
Industry
12.7
vs History
17
vs Industry
9
Median 3Y
6.4
Median 5Y
2.6
Industry
10.1
vs History
vs Industry
19
Median 3Y
-13.3
Median 5Y
-7.4
Industry
12.9
vs History
49
vs Industry
62
Median 3Y
0.6
Median 5Y
0.6
Industry
1.2

Multiples Across Competitors

FER Competitors Multiples
Ferrum SA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
PL
Ferrum SA
WSE:FER
238.6m PLN 0.4 -57.6 8.2 17.7
ZA
Kumba Iron Ore Ltd
JSE:KIO
109.7B Zac 0 0 0 0
IN
BMW Industries Ltd
BSE:542669
6.8T INR 1 142.8 10 723.2 4 671.8 6 714.5
BR
Vale SA
BOVESPA:VALE3
248.7B BRL 1.2 5.1 3.3 4
AU
Fortescue Ltd
XMUN:FVJ
33.2B EUR 2 6.5 4.4 4.4
AU
Fortescue Metals Group Ltd
ASX:FMG
54.3B AUD 2 6.5 4.4 4.4
US
Nucor Corp
NYSE:NUE
35.4B USD 1.1 10.4 6.1 7.7
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.4T INR 1.3 32.3 10.9 15.6
IN
Tata Steel Ltd
NSE:TATASTEEL
1.9T INR 0.8 -45.9 10 17.1
KR
Posco Holdings Inc
KRX:005490
28.6T KRW 0.4 21.1 4.7 11.1
JP
Nippon Steel Corp
TSE:5401
2.9T JPY 0.3 5.4 5.1 8.4
P/E Multiple
Earnings Growth
PL
F
Ferrum SA
WSE:FER
Average P/E: 1 351.3
Negative Multiple: -57.6
N/A
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
-28%
IN
B
BMW Industries Ltd
BSE:542669
10 723.2
N/A
BR
Vale SA
BOVESPA:VALE3
5.1
42%
AU
F
Fortescue Ltd
XMUN:FVJ
6.5
-36%
AU
Fortescue Metals Group Ltd
ASX:FMG
6.5
-36%
US
Nucor Corp
NYSE:NUE
10.4
-29%
IN
JSW Steel Ltd
NSE:JSWSTEEL
32.3
106%
IN
Tata Steel Ltd
NSE:TATASTEEL
Negative Multiple: -45.9 N/A
KR
Posco Holdings Inc
KRX:005490
21.1
50%
JP
Nippon Steel Corp
TSE:5401
5.4
14%

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