Added to YB: 2024-11-18
Pitch date: 2024-11-15
OUT1V.HE [bullish]
Outokumpu Oyj
+37.25%
current return
Author Info
No bio for this author
Company Info
Outokumpu Oyj produces and sells various stainless steel products in Finland, other European countries, North America, the Asia-Pacific, and internationally.
Market Cap
EUR 1.6B
Pitch Price
EUR 3.08
Price Target
6.56 (+55%)
Dividend
6.77%
EV/EBITDA
11.51
P/E
-40.75
EV/Sales
0.30
Sector
Metals and Mining
Category
value
Outokumpu Oyj ($OUT1V.HE): Investing in Steel without getting Scrapped.
OUT1V.HE: EU's largest stainless steel producer, trades at 0.5x historical P/TBV. Strong assets: Kemi mine (EU's only ferrochrome), Tornio mill. US growth potential. 3.5x EV/EBITDA, 3.67x P/FCF at normalized levels. Weak market now, but poised for rebound with regionalization trend and Chinese stabilization.
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