Acerinox stock: fundamental analysis
Stocks · ACX · Basic Materials
Acerinox, S.A., together with its subsidiaries, manufactures and distributes stainless steel and high-performance alloys in Spain, the United States, Africa, Asia, rest of Europe, and internationally. It operates through Stainless Steel and High-Performance Alloys segments. Below are its fundamentals, explained in the order worth reading them: business quality, debt, growth and, last, whether the price is reasonable.
- Price: 17.18 EUR
- Market cap: 4.3B EUR
Data as of September 18, 2026 · Yahoo Finance
Quick read
Business quality
ROE of 1.6%: a low return on shareholders' money. Out of every 100 in sales, 1.0 end up as profit.
Financial health
Net debt/EBITDA of 3.5x: moderate leverage, manageable for stable businesses such as utilities or infrastructure.
Growth
Revenue is growing 5.2% year on year: modest growth.
Valuation
It trades at a P/E of 78.1. On expected earnings the P/E falls to 10.9: the market expects profits to rise.
Dividend
Dividend yield of 3.5% (0.62 EUR per share per year) with a payout ratio of 281.8%. It pays out nearly all (or more) of its earnings: watch whether the dividend is sustainable.
Tools
All metrics
| Acerinox | Sector median | |
|---|---|---|
| Business quality | ||
| ROE | 1.6% | — |
| ROA | 2.1% | — |
| Gross margin | 35.5% | — |
| Operating margin | 7.8% | — |
| Net margin | 1.0% | — |
| Financial health | ||
| Net debt/EBITDA | 3.5x | — |
| Debt/equity | 1.1x | — |
| Current ratio | 1.7x | — |
| Growth | ||
| Revenue growth | 5.2% | — |
| Earnings growth | — | — |
| Valuation | ||
| P/E ratio | 78.1x | — |
| Forward P/E | 10.9x | — |
| EV/EBITDA | 14.5x | — |
| Price/book | 2.0x | — |
| FCF yield | 2.1% | — |
| Dividend | ||
| Dividend yield | 3.5% | — |
| Payout ratio | 281.8% | — |
| Beta (volatility) | 1.1x | — |
Frequently asked questions
What is Acerinox's P/E ratio?
Acerinox's P/E is 78.1 based on trailing 12-month earnings and 10.9 on expected earnings. Data as of September 18, 2026.
What dividend does Acerinox pay?
Dividend yield of 3.5% (0.62 EUR per share per year) with a payout ratio of 281.8%. It pays out nearly all (or more) of its earnings: watch whether the dividend is sustainable.
Is Acerinox stock expensive?
It trades at a P/E of 78.1. On expected earnings the P/E falls to 10.9: the market expects profits to rise. This is an educational reading based on ratios, not a buy or sell recommendation.
Does Acerinox have a lot of debt?
Net debt/EBITDA of 3.5x: moderate leverage, manageable for stable businesses such as utilities or infrastructure.
What is Acerinox's market cap?
Acerinox has a market cap of 4.3B EUR and its shares trade at 17.18 EUR, with a 52-week range of 10.81 EUR to 18.58 EUR (data as of September 18, 2026).
Other companies in the sector
Trailing 12-month metrics. Educational content, not investment advice.