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| Datum / Uhrzeit |
Titel |
Bewertung |
| 11.08.25 04:01:26 |
Aurubis Third Quarter 2025 Ergebnis: EPS: 1.79 € (vs 3.58 € in 3Q 2024) |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Okay, here’s a 400-word summary of the Simply Wall St article on Aurubis, followed by a German translation:
**Summary (approx. 400 words)**
Aurubis, a major European copper and brass producer (trading on the ETR:NDA), reported disappointing third-quarter 2025 results, showing a significant decline in profitability. Revenue decreased by 1.9% to €4.62 billion compared to the previous quarter, and net income plummeted by 50% to €78.0 million. This resulted in a dramatically reduced profit margin of just 1.7%, a stark contrast to the 3.3% recorded in the previous period. Earnings per share (EPS) also suffered a substantial drop, falling from €3.58 to €1.79.
Despite the current challenges, the outlook for Aurubis appears more optimistic. Analysts predict a stronger growth trajectory, forecasting an average annual revenue growth of 4.5% over the next three years. This is significantly higher than the broader European Metals and Mining industry forecast of 2.4%. This increased growth expectation suggests a potential turnaround for the company.
Aurubis’s share price has seen a positive movement, rising by 11% over the past week, indicating investor confidence after the reported results.
However, a cautious approach is advised. The report identifies two potential risks associated with Aurubis. While not overly concerning, these factors warrant attention.
**Important Disclaimer:** It's crucial to note that this analysis is based on historical data and analyst forecasts and doesn’t constitute financial advice. Simply Wall St emphasizes a long-term, fundamentally-driven approach. The company has no specific investment recommendation, and this report does not consider individual investor objectives or financial situations.
**German Translation**
**Erkundung der Fair Values von Aurubis und Auswahl Ihrer Favoriten**
Aurubis (ETR:NDA) – Ergebnisse für das dritte Quartal 2025
**Wichtige Finanzkennzahlen**
Umsatz: 4,62 Mrd. € (um 1,9 % gegenüber dem 3. Quartal 2024). Nettogewinn: 78,0 Mio. € (um 50 % gegenüber dem 3. Quartal 2024). Gewinnmarge: 1,7 % (im Vergleich zu 3,3 % im 3. Quartal 2024). EPS: 1,79 € (im Vergleich zu 3,58 € im 3. Quartal 2024).
KI wird die Gesundheitsversorgung verändern. Diese 20 Aktien arbeiten an allem von Früherkennung bis hin zur Medikamentenentwicklung. Der beste Teil – Sie sind alle unter 10 Milliarden US-Dollar im Markt-Cap. Es gibt noch Zeit, früh einzusteigen. XTRA:NDA – Ergebnisse und Umsatzwachstum am 11. August 2025
Alle in der obigen Grafik angezeigten Zahlen beziehen sich auf den Zeitraum der letzten 12 Monate (TTM).
**Aurubis – Gewinnanalyse**
Mit Blick auf die Zukunft wird erwartet, dass der Umsatz im Durchschnitt um 4,5 % p.a. in den nächsten 3 Jahren wächst, verglichen mit einer Prognose für die europäische Metals and Mining Branche von 2,4 %.
Leistung am Markt in Deutschland.
Der Aktienkurs des Unternehmens ist in der letzten Woche um 11 % gestiegen, was auf das Vertrauen der Investoren nach den gemeldeten Ergebnissen hindeutet.
**Risikoanalyse**
Wir wollen den Auftritt nicht zu sehr trüben, aber wir haben auch 2 Warnsignale für Aurubis (1 sollte nicht ignoriert werden!) gefunden, auf die Sie achten sollten.
Haben Sie Feedback zu diesem Artikel? Sind Sie besorgt über den Inhalt? Wenden Sie sich direkt an uns. Alternativ können Sie uns per E-Mail unter editorial-team (at) simplywallst.com kontaktieren.
Dieser Artikel von Simply Wall St ist allgemeiner Natur. Wir geben Kommentare auf der Grundlage historischer Daten und Analystenprognosen ab, wobei wir eine unvoreingenommene Methodik verwenden. Unsere Artikel sind nicht dazu gedacht, Finanzberatung zu leisten. Sie stellt keine Empfehlung zum Kauf oder Verkauf von Aktien dar und berücksichtigt nicht Ihre Ziele oder Ihre finanzielle Situation. Wir haben das Ziel, Ihnen langfristige Analysen auf der Grundlage von Grunddaten zu bieten. Unsere Analyse berücksichtigt möglicherweise nicht die neuesten Preisempfindlichen Unternehmensankündigungen oder qualitative Materialien. Simply Wall St hält keine Positionen in den genannten Aktien.
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| 09.08.25 08:30:07 |
Intrinsic Value der Aurubis AG (ETR:NDA) Ist Potentially 80% Über seinem Aktienkurs |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Hier ist eine 600-Worte Zusammenfassung der Aurubis Bewertungsanalyse, die sich auf die wichtigsten Ergebnisse und Methoden konzentriert:
**Aurubis Bewertung: Eine unterschätzte Gelegenheit? * *
Diese Analyse nutzt ein Discounted Cash Flow (DCF) Modell, um den Fair Value der Aurubis AG (NDA), einem europäischen Raffiner von Edelmetallen, zu bestimmen. Die wichtigste Erkenntnis des Modells ist, dass Aurubis derzeit unterschätzt wird und eine potenzielle Investitionsmöglichkeit bietet.
** Methodik: Zweistufiges DCF-Modell* *
Die Bewertung setzt ein zweistufiges DCF-Modell ein, ein gemeinsamer Ansatz für Unternehmen mit unterschiedlichen Wachstumserwartungen. Die ersten zehn Jahre werden mit einer höheren Wachstumsrate modelliert, was das erwartete Wachstum widerspiegelt, während die darauf folgende Periode eine stabilere, niedrigere Wachstumsrate annimmt.
**Cash Flow Projects:**
**Initial Growth (Jahre 1-10):** Die Analysten projizieren den freien Cashflow (FCF) für die nächsten zehn Jahre unter Verwendung von Analystenschätzungen und Extrapolation aus früheren FCF-Zahlen. Die Prognosen beinhalten verlangsamende Wachstumsraten im Laufe der Zeit und orientieren sich an der Erwartung, dass ein rasches Wachstum bei der Ausreifung eines Unternehmens abnimmt. Die wichtigsten Wachstumsraten werden auf 18,46%, 13,34%, 9,75%, 7,25%, 5.49%, 4,26%, 3,40%, 2,80% und schließlich auf 2,80% geschätzt.
** Vorhandene Werteberechnung:** Jeder projizierte FCF wird mit einem Diskontsatz von 5,4% auf seinen aktuellen Wert zurückgekürzt, was das mit der Investition verbundene Risiko widerspiegelt. Damit ergibt sich ein aktueller Wert der 10-jährigen Cashflows von insgesamt 1,9 Milliarden Euro.
**Terminalwertberechnung: **
* **Terminales Wachstum:** Das Modell schätzt einen Terminalwert mit dem Gordon Growth Model. Dies setzt eine ständige Wachstumsrate von 1,4% voraus, die dem 5-Jahresdurchschnitt der Staatsanleihenerträge entspricht.
**Terminalwertberechnung:** Das Gordon Growth Model berechnet den Terminalwert als Future FCF (Jahr 35) * (1 + Terminal Growth Rate) / (Discount Rate – Terminal Growth Rate). Damit ergibt sich ein Endwert von 9,5 Milliarden Euro.
** Vorheriger Wert des Terminalwerts:** Der Terminalwert wird dann mit dem 5,4%-Rabattsatz auf seinen aktuellen Wert zurückgekürzt, was zu einem aktuellen Wert von 5,6 Milliarden Euro führt.
**Gesamte Aktien Wert- und Aktienkursanalyse:**
** Gesamte Eigenkapitalwert:** Der Gesamtwert des Eigenkapitals wird berechnet, indem der aktuelle Wert der 10-jährigen Cashflows und der aktuelle Wert des Terminalwerts auf 7,5 Mrd. € summiert wird.
* **Unterbewertung:** Der Gesamteigenschaftswert durch die Anzahl der ausstehenden Aktien (nicht explizit im Text angegeben, aber als relevant angenommen) und der Vergleich mit dem aktuellen Aktienkurs von 95,7 € lässt darauf schließen, dass Aurubis etwa 44% unterbewertet ist.
**Key Findings & Fazit:**
Basierend auf dieser DCF-Analyse beträgt der geschätzte Fair Value von Aurubis 172, deutlich höher als der aktuelle Aktienpreis von 95,7 €. Dies deutet darauf hin, dass der Bestand derzeit auf einem 44% Rabatt gehandelt wird, was eine potenzielle Investitionsmöglichkeit darstellt.
**Importante Höhlen:**
Der Bericht betont die inhärenten Einschränkungen jedes Bewertungsmodells. Die Genauigkeit der Ergebnisse hängt stark von den Annahmen in Bezug auf zukünftige Wachstumsraten, Diskontsätze und Terminalwachstumsraten ab. "Garbage in, garbage out" wird hervorgehoben, was darauf hindeutet, dass die Ausgabe des Modells eher als Annäherung betrachtet werden sollte als ein endgültiger Wert. Der Text unterstreicht die Bedeutung der laufenden Überwachung und Neubewertung, da neue Informationen zur Verfügung stehen. |
| 06.08.25 08:16:00 |
Kupfer Marktanalyse Bericht 2025-2030, mit Profilen von AngloAmerican, Antofagasta, Aurubis, BHP, Codelco, Freeport-McMo |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Unternehmen Logo
Zu den treibenden Faktoren im Kupfermarkt zählen steigender Bau-, Erneuerbare- und Elektrofahrzeugbedarf in Schwellenländern. Asien-Pazifik führt mit großen Investitionen in Infrastruktur und Elektronik.
Dublin, 06, 2025 (GLOBE NEWSWIRE) -- Der Bericht "Copper Market Size, Share & Trends Analysis Report By Type (Primary Copper, Secondary Copper), By Product (Wire, Tube, Foil), By End Use (Industrial Equipment, Transport, Infrastruktur), By Region, And Segment Forecasts, 2025 - 2030" wurde dem Angebot von ResearchAndMarkets.com hinzugefügt.
Die globale Kupfermarktgröße wird voraussichtlich bis 2030 USD 339,95 Milliarden erreichen und wird bei einem CAGR von 6,5% von 2025 bis 2030 wachsen.
Kupfer ist im Bausektor aufgrund seiner ausgezeichneten Leitfähigkeit, Korrosionsbeständigkeit und Haltbarkeit unerlässlich. Es wird weitgehend in Verdrahtungs-, Sanitär-, Dach- und Heizanlagen verwendet. Da Schwellenländer wie Indien, Vietnam und mehrere afrikanische Nationen weiterhin stark in intelligente Städte, Verkehrsnetze und modernes Wohnen investieren, wird die Nachfrage nach Kupfer im Wohn- und Gewerbebau in den kommenden Jahren deutlich zunehmen.
Ein weiterer wichtiger Treiber ist der Übergang zu erneuerbarer Energie und Elektrifizierung. Solar- und Windenergieanlagen benötigen große Mengen an Kupfer für Turbinen, Photovoltaikzellen, Wechselrichter und Netzanschlüsse. Nach Angaben der Internationalen Energieagentur (IEA) erreichten die Investitionen für erneuerbare Energien im Jahr 2024 Rekordwerte, insbesondere in Asien-Pazifik, Europa und Nordamerika. Die Entwicklung von Smart Grids und Akku-Speichersystemen-kritisch für die Integration von intermittierenden erneuerbaren Quellen hängt stark von der Kupferverdrahtung und den Komponenten ab. Diese Energieverschiebung verändert grundsätzlich Kupferverbrauchsmuster weltweit.
Der Anstieg der Elektrofahrzeuge (EV) und die Unterstützung der Infrastruktur ist ein weiterer leistungsfähiger Wachstumskatalysator. EVs verwenden bis zu viermal mehr Kupfer als herkömmliche Verbrennungsmotorfahrzeuge, insbesondere in Batterien, Elektromotoren, Kabelbäumen und Wärmemanagementsystemen. Auch Ladestationen, die sich in Europa, den USA und China rasant ausbreiten, setzen auf Kupfer für die Energieübertragung. Da Regierungen strengere Emissionsnormen und Anreize zur Steigerung der EV-Adoption einführen, wird die Kupfernachfrage der Automobilindustrie bis 2030 und darüber hinaus exponentiell gesteigert.
Technologische Fortschritte in der Elektronik und Kommunikation tragen auch maßgeblich zum Wachstum der Kupferindustrie bei. Kupfer ist in Leiterplatten, Steckverbindern, Halbleitern und hochfrequenten Datenkabeln, die in Smartphones, Rechenzentren, IoT-Geräten und 5G-Infrastruktur verwendet werden, von entscheidender Bedeutung. Da die globale Wirtschaft zunehmend digital wird, treibt die Verbreitung von elektronischen Geräten und Cloud Computing weiterhin die Nachfrage nach hochreinen Kupferprodukten. Dieses Segment ist besonders stark in Ostasien, wo die Elektronikindustrie konzentriert ist.
Darüber hinaus hat der verstärkte Fokus auf Nachhaltigkeits- und Kreislaufwirtschaftspraktiken das Interesse an Kupferrecycling erhöht. Recyceltes oder sekundäres Kupfer erfordert viel weniger Energie, um die Umweltauswirkungen des Bergbaus zu erzeugen und zu reduzieren. Da die Industrien die Kohlenstoffneutralität und die Materialeffizienz priorisieren, wird erwartet, dass das Recycling von Kupfer aus Altmetall, veralteter Elektronik und stillstehender Infrastruktur zunimmt. Dies unterstützt die Nachfrage und steigert die Resilienz der Lieferkette inmitten schwankender Erzgehalte und geopolitischer Unsicherheiten. Diese Faktoren schaffen einen starken langfristigen Wachstumsausblick für die globale Kupferindustrie.
Kupfer Marktbericht Höhepunkt
Geschichte geht weiter
Basierend auf der Bauart führte das primäre Kupfersegment den Markt mit dem größten Umsatzmarktanteil von 84,8% im Jahr 2024, aufgrund seiner hohen Reinheit, weit verbreiteten Verfügbarkeit von großen Bergbaubetrieben und kritischen Anwendungen in Industrien, die eine überlegene Leitfähigkeit erfordern, wie elektrische Infrastruktur, Automotive und erneuerbare Energiesysteme. Das Segment Draht führte den Markt mit dem größten Umsatzanteil von 61,7% im Jahr 2024, angetrieben durch den umfangreichen Einsatz von Kupferdraht in der Stromübertragung, Wohn- und Handelselektrik, Elektronik, und die schnell expandierenden Elektrofahrzeug- und erneuerbaren Energiesektoren, die effiziente und zuverlässige Leitfähigkeitslösungen benötigen. Auf Basis der Endverwendung wird erwartet, dass sich das Infrastruktur-Segment im Prognosezeitraum bei der schnellsten CAGR von 7,0 % registriert, da die globalen Investitionen in Smart Grids, Transportnetze, erneuerbare Energieintegration und Stadtentwicklungsprojekte zunehmen, die alle erhebliche Kupfereingänge für elektrische Systeme, Kommunikationsleitungen und Energieverteilungsrahmen erfordern. Asien-Pazifik dominierte den Markt mit dem größten Umsatzanteil von 74,7% im Jahr 2024, aufgrund der Präsenz von großen kupferverbrauchenden Wirtschaften wie China und Indien, der schnellen Industrialisierung, der großen Infrastrukturentwicklung und der Führung der Region in der Elektronikproduktion, erneuerbaren Energieanlagen und der Elektrofahrzeugproduktion.
Warum sollten Sie diesen Bericht kaufen?
Umfassende Marktanalyse: Detaillierte Einblicke in den globalen Markt in den großen Regionen und Segmenten. Competitive Landschaft: Entdecken Sie die Marktpräsenz der wichtigsten Spieler weltweit. Zukunftstrends: Entdecken Sie die wichtigsten Trends und Treiber, die die Zukunft des globalen Marktes prägen. Aktionsempfehlungen: Nutzen Sie Erkenntnisse, um neue Umsatzströme aufzudecken und strategische Geschäftsentscheidungen zu leiten.
Schlüsselthemen Gedeckt:
Kapitel 1. Methodik und Anwendungsbereich
Kapitel 2. Zusammenfassung 2.1. Marktausblick
2.2. Segment Ausblick
2.3. Konkurrenter Ausblick
Kapitel 3. Marktvariablen, Trends und Scope 3.1. Globaler Kupfermarkt Ausblick
3.2. Analyse der industriellen Wertschöpfungskette
3.3. Technologieübersicht
3.4. Regelungsrahmen
3.5. Marktdynamik
3.6. Industrietrends
3.7. Porters fünf Kräfte Analyse
3.8. PESTLE-Analyse
Kapitel 4. Kupfermarkt: Typ Schätzungen und Trendanalyse 4.1. Kupfermarkt: Typ Bewegungsanalyse, 2024 & 2030
4.2. Primärkupfer
4.3. Sekundärkupfer
Kapitel 5. Kupfermarkt: Produktschätzungen & Trendanalyse 5.1. Kupfermarkt: Produktbewegungsanalyse, 2024 & 2030
5.2. Draht
5.3. Stangen, Bars & Sektionen
5.4. Flachgewalzte Erzeugnisse
5.5. Rohr
5.6. Folie
Kapitel 6. Kupfermarkt: Endverwendung Schätzungen & Trendanalyse 6.1. Kupfermarkt: Endverwendung Bewegungsanalyse, 2024 & 2030
6.2. Industrielle Ausrüstungen
6.3. Verkehr
6.4. Infrastruktur
6.5. Bau und Bau
6.6. Verbraucher und allgemeine Produkte
6.7. Sonstige
Kapitel 7. Kupfermarkt: Regionale Schätzungen und Trendanalyse 7.1. Regionale Analyse, 2024 & 2030
Kapitel 8. Wettbewerbslandschaft 8.1. Jüngste Entwicklungen und Auswirkungensanalyse, Von den wichtigsten Marktteilnehmern
8.2. Unternehmen Kategorisierung
8.3. Wärmekartenanalyse
8.4. Vendor Landschaft
8.5. Liste der potenziellen Endbenutzer
8.6. Strategieinitiativen
8.7. Unternehmensprofile
AngloAmerican Antofagasta Aurubis BHP Codelco Freeport-McMoRan Glencore GRUPO MEXICO Jiangxi Kupfer GmbH Rio Tinto Teck Resources Limited
Für weitere Informationen zu diesem Bericht besuchen http://www.researchandmarkets.com/r/hpa2wg
Über ResearchAndMarkets.com
ResearchAndMarkets.com ist die weltweit führende Quelle für internationale Marktforschungsberichte und Marktdaten. Wir bieten Ihnen die neuesten Daten zu internationalen und regionalen Märkten, Schlüsselindustrien, Top-Unternehmen, neuen Produkten und neuesten Trends.
KONTAKT: KONTAKT: ForschungAndMarkets.com Laura Holz,Senior Press Manager press@researchandmarkets.com Für E.S.T Office Hours Call 1-917-300-0470 Für U.S./ CAN Gebührenfrei Call 1-800-526-8630 Für GMT Office Hours Call +353-1-416-8900
Kommentare anzeigen |
| 11.07.25 08:44:04 |
Returns On Capital Are Showing Encouraging Signs At Aurubis (ETR:NDA) |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
What are the early trends we should look for to identify a stock that could multiply in value over the long term? Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. With that in mind, we've noticed some promising trends at Aurubis (ETR:NDA) so let's look a bit deeper.
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What Is Return On Capital Employed (ROCE)?
If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. Analysts use this formula to calculate it for Aurubis:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
0.14 = €858m ÷ (€8.6b - €2.3b) (Based on the trailing twelve months to March 2025).
So, Aurubis has an ROCE of 14%. On its own, that's a standard return, however it's much better than the 8.1% generated by the Metals and Mining industry.
Check out our latest analysis for Aurubis XTRA:NDA Return on Capital Employed July 11th 2025
Above you can see how the current ROCE for Aurubis compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for Aurubis .
How Are Returns Trending?
We like the trends that we're seeing from Aurubis. The data shows that returns on capital have increased substantially over the last five years to 14%. Basically the business is earning more per dollar of capital invested and in addition to that, 94% more capital is being employed now too. So we're very much inspired by what we're seeing at Aurubis thanks to its ability to profitably reinvest capital.
The Bottom Line
All in all, it's terrific to see that Aurubis is reaping the rewards from prior investments and is growing its capital base. Since the stock has returned a solid 76% to shareholders over the last five years, it's fair to say investors are beginning to recognize these changes. Therefore, we think it would be worth your time to check if these trends are going to continue.
If you want to know some of the risks facing Aurubis we've found 2 warning signs (1 shouldn't be ignored!) that you should be aware of before investing here.
Story Continues
While Aurubis isn't earning the highest return, check out this freelist of companies that are earning high returns on equity with solid balance sheets.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
View Comments |
| 30.03.25 06:08:42 |
Aurubis (ETR:NDA) Could Be A Buy For Its Upcoming Dividend |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Aurubis AG (ETR:NDA) stock is about to trade ex-dividend in four days. The ex-dividend date is two business days before a company's record date in most cases, which is the date on which the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. In other words, investors can purchase Aurubis' shares before the 4th of April in order to be eligible for the dividend, which will be paid on the 8th of April.
The company's upcoming dividend is €1.50 a share, following on from the last 12 months, when the company distributed a total of €1.50 per share to shareholders. Looking at the last 12 months of distributions, Aurubis has a trailing yield of approximately 1.7% on its current stock price of €88.75. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. That's why we should always check whether the dividend payments appear sustainable, and if the company is growing.
Dividends are usually paid out of company profits, so if a company pays out more than it earned then its dividend is usually at greater risk of being cut. Aurubis paid out just 11% of its profit last year, which we think is conservatively low and leaves plenty of margin for unexpected circumstances. Yet cash flow is typically more important than profit for assessing dividend sustainability, so we should always check if the company generated enough cash to afford its dividend. It paid out more than half (75%) of its free cash flow in the past year, which is within an average range for most companies.
It's encouraging to see that the dividend is covered by both profit and cash flow. This generally suggests the dividend is sustainable, as long as earnings don't drop precipitously.
See our latest analysis for Aurubis
Click here to see the company's payout ratio, plus analyst estimates of its future dividends.XTRA:NDA Historic Dividend March 30th 2025
Have Earnings And Dividends Been Growing?
Businesses with strong growth prospects usually make the best dividend payers, because it's easier to grow dividends when earnings per share are improving. If earnings fall far enough, the company could be forced to cut its dividend. That's why it's comforting to see Aurubis's earnings have been skyrocketing, up 27% per annum for the past five years.
The main way most investors will assess a company's dividend prospects is by checking the historical rate of dividend growth. Aurubis has delivered 4.1% dividend growth per year on average over the past 10 years. Earnings per share have been growing much quicker than dividends, potentially because Aurubis is keeping back more of its profits to grow the business.
Story Continues
To Sum It Up
Should investors buy Aurubis for the upcoming dividend? Earnings per share have grown at a nice rate in recent times and over the last year, Aurubis paid out less than half its earnings and a bit over half its free cash flow. It's a promising combination that should mark this company worthy of closer attention.
While it's tempting to invest in Aurubis for the dividends alone, you should always be mindful of the risks involved. Our analysis shows 2 warning signs for Aurubis that we strongly recommend you have a look at before investing in the company.
Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
View Comments |
| 07.03.25 08:34:02 |
Aurubis AG (ETR:NDA) surges 10%; individual investors who own 35% shares profited along with institutions |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Key Insights
Significant control over Aurubis by individual investors implies that the general public has more power to influence management and governance-related decisions The top 5 shareholders own 50% of the company Institutions own 34% of Aurubis
Every investor in Aurubis AG (ETR:NDA) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are individual investors with 35% ownership. Put another way, the group faces the maximum upside potential (or downside risk).
Individual investors gained the most after market cap touched €4.0b last week, while institutions who own 34% also benefitted.
In the chart below, we zoom in on the different ownership groups of Aurubis.
See our latest analysis for Aurubis XTRA:NDA Ownership Breakdown March 7th 2025
What Does The Institutional Ownership Tell Us About Aurubis?
Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.
We can see that Aurubis does have institutional investors; and they hold a good portion of the company's stock. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Aurubis' earnings history below. Of course, the future is what really matters.XTRA:NDA Earnings and Revenue Growth March 7th 2025
We note that hedge funds don't have a meaningful investment in Aurubis. Salzgitter AG is currently the company's largest shareholder with 31% of shares outstanding. Rossmann Beteiligungs GmbH is the second largest shareholder owning 10% of common stock, and Silchester International Investors LLP holds about 3.1% of the company stock.
Our research also brought to light the fact that roughly 50% of the company is controlled by the top 5 shareholders suggesting that these owners wield significant influence on the business.
While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.
Insider Ownership Of Aurubis
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.
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Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.
Our data cannot confirm that board members are holding shares personally. It is unusual not to have at least some personal holdings by board members, so our data might be flawed. A good next step would be to check how much the CEO is paid.
General Public Ownership
The general public-- including retail investors -- own 35% stake in the company, and hence can't easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.
Public Company Ownership
It appears to us that public companies own 31% of Aurubis. We can't be certain but it is quite possible this is a strategic stake. The businesses may be similar, or work together.
Next Steps:
It's always worth thinking about the different groups who own shares in a company. But to understand Aurubis better, we need to consider many other factors. Like risks, for instance. Every company has them, and we've spotted 2 warning signs for Aurubis (of which 1 is concerning!) you should know about.
If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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| 08.02.25 15:00:24 |
Aurubis AG (AIAGF) Q1 2025 Earnings Call Highlights: Strong EBT Growth Amid Operational Challenges |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Release Date: February 06, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
Aurubis AG (AIAGF) reported a robust operating EBT of 130 million, marking a 17.5% increase compared to the previous year. The company achieved a significant improvement in net cash flow, reaching 178 million, well above the previous year's negative figure. Aurubis AG (AIAGF) maintained a strong equity ratio of 54.7%, indicating a healthy balance sheet. The company has successfully implemented around 25% of the 400 identified plant security measures, with additional measures planned for 2025. Aurubis AG (AIAGF) has a well-diversified supplier base with long-term contracts, ensuring stable material supply for its operations.
Negative Points
Aurubis AG (AIAGF) anticipates a slightly lower earnings situation from recycling materials for the remainder of fiscal year 2025. The company faces increased personnel costs due to wage and salary increases linked to collective wage agreements. Aurubis AG (AIAGF) reported decreased concentrate throughput with lower treatment and refining charges. The company expects startup losses of around 50 million for the Richmond project in the current fiscal year. Aurubis AG (AIAGF) anticipates a negative impact of 34 million EBT due to a maintenance shutdown in Pirdop in May-June 2025.
Q & A Highlights
Warning! GuruFocus has detected 7 Warning Signs with AIAGF.
Q: Can you quantify the positive contribution from sulfuric acid in the first quarter? A: Stefan Hoffman, CFO: The quarterly impact of sulfuric acid is a double-digit million EUR figure, more in the lower vicinity. We expect this trend to continue in the coming quarters, making it a strong supportive lever for earnings.
Q: What is the outlook for the recycling market and its impact on earnings? A: Stefan Hoffman, CFO: The recycling market is short-term and influenced by factors like metal prices and Chinese imports. While refining charges are under pressure, our robust business model and long-term contracts help mitigate risks. Sulfuric acid revenue streams provide an upside that can counteract these pressures.
Q: How well supplied is the recycling network for the current fiscal year? A: Tore Park, CEO: We are well supplied into the second quarter of this year. Despite some tightening of TCRC, we are cautiously optimistic about maintaining a good supply for the remaining quarters, Q3 and Q4.
Q: What is the expected timeline for Richmond to reach break-even? A: Tore Park, CEO: We expect startup losses of around EUR 50 million this fiscal year. Next year, we anticipate reduced startup losses with a positive contribution expected in 2026-27.
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Q: Can you provide insights on the hedging strategy for precious metals? A: Stefan Hoffman, CFO: For the current fiscal year, we have hedged more than two-thirds of our exposure to gold and silver due to favorable prices. For the next fiscal year, we have hedged at a low level but more than usual, given the favorable environment.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
This article first appeared on GuruFocus.
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| 08.02.25 06:03:49 |
Aurubis First Quarter 2025 Earnings: EPS: €5.87 (vs €1.33 in 1Q 2024) |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Aurubis (ETR:NDA) First Quarter 2025 Results
Key Financial Results
Revenue: €4.22b (up 8.3% from 1Q 2024). Net income: €256.0m (up 341% from 1Q 2024). Profit margin: 6.1% (up from 1.5% in 1Q 2024). The increase in margin was driven by higher revenue. EPS: €5.87 (up from €1.33 in 1Q 2024).XTRA:NDA Earnings and Revenue Growth February 8th 2025
All figures shown in the chart above are for the trailing 12 month (TTM) period
Aurubis Earnings Insights
Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Metals and Mining industry in Europe.
Performance of the market in Germany.
The company's shares are up 7.1% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for Aurubis (of which 1 can't be ignored!) you should know about.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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| 01.02.25 07:32:17 |
Aurubis (ETR:NDA) Has More To Do To Multiply In Value Going Forward |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. However, after investigating Aurubis (ETR:NDA), we don't think it's current trends fit the mold of a multi-bagger.
Return On Capital Employed (ROCE): What Is It?
For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. Analysts use this formula to calculate it for Aurubis:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
0.085 = €478m ÷ (€7.8b - €2.2b) (Based on the trailing twelve months to September 2024).
Thus, Aurubis has an ROCE of 8.5%. In absolute terms, that's a low return but it's around the Metals and Mining industry average of 9.3%.
See our latest analysis for Aurubis XTRA:NDA Return on Capital Employed February 1st 2025
Above you can see how the current ROCE for Aurubis compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for Aurubis .
So How Is Aurubis' ROCE Trending?
In terms of Aurubis' historical ROCE trend, it doesn't exactly demand attention. The company has employed 69% more capital in the last five years, and the returns on that capital have remained stable at 8.5%. This poor ROCE doesn't inspire confidence right now, and with the increase in capital employed, it's evident that the business isn't deploying the funds into high return investments.
The Bottom Line
Long story short, while Aurubis has been reinvesting its capital, the returns that it's generating haven't increased. Although the market must be expecting these trends to improve because the stock has gained 61% over the last five years. But if the trajectory of these underlying trends continue, we think the likelihood of it being a multi-bagger from here isn't high.
If you'd like to know more about Aurubis, we've spotted 2 warning signs, and 1 of them doesn't sit too well with us.
While Aurubis may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this freelist here.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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| 05.01.25 07:24:25 |
Investing in Aurubis (ETR:NDA) five years ago would have delivered you a 58% gain |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Aurubis AG (ETR:NDA) shareholders might be concerned after seeing the share price drop 10% in the last month. Looking further back, the stock has generated good profits over five years. Its return of 43% has certainly bested the market return!
So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns.
See our latest analysis for Aurubis
While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
During five years of share price growth, Aurubis achieved compound earnings per share (EPS) growth of 17% per year. This EPS growth is higher than the 7% average annual increase in the share price. So one could conclude that the broader market has become more cautious towards the stock. The reasonably low P/E ratio of 7.92 also suggests market apprehension.
The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).XTRA:NDA Earnings Per Share Growth January 5th 2025
It's probably worth noting that the CEO is paid less than the median at similar sized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. It might be well worthwhile taking a look at our freereport on Aurubis' earnings, revenue and cash flow.
What About Dividends?
When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. As it happens, Aurubis' TSR for the last 5 years was 58%, which exceeds the share price return mentioned earlier. And there's no prize for guessing that the dividend payments largely explain the divergence!
A Different Perspective
Aurubis shareholders are up 9.1% for the year (even including dividends). But that return falls short of the market. If we look back over five years, the returns are even better, coming in at 10% per year for five years. It's quite possible the business continues to execute with prowess, even as the share price gains are slowing. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Case in point: We've spotted 2 warning signs for Aurubis you should be aware of, and 1 of them is significant.
Story Continues
If you like to buy stocks alongside management, then you might just love this freelist of companies. (Hint: many of them are unnoticed AND have attractive valuation).
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on German exchanges.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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