# Ferroglobe PLC (GSM) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Basic Materials / Metals & Mining. Price $4.67, market value $880 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Ferroglobe PLC reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 0.6×**. Each dollar of revenue is priced at 0.6×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.2×**. The shares trade at 1.2× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 16.7×**. Enterprise value is 16.7× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: -1.5%** (5-yr avg 15.7%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 31.1%**. Ferroglobe PLC keeps 31.1% of revenue after the direct cost of what it sells.
- **Operating margin: -1.4%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -13.3%**. The company reported a net loss over the last twelve months.
- **Return on equity: -25.6%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -2.8%**. Return on all capital, debt included, is -2.8%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -2.9%**. Each dollar of assets produces -2.9% of profit.

## Growth
- **Revenue growth (1 yr): -18.8%** (3-yr -19.9%/yr, 5-yr 3.1%/yr). Revenue fell 18.8% over the last year, against 3.1% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -858.3%**. Earnings per share fell 858.3%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.20**. Debt is 0.20 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.3×**. It would take 0.3 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: -1.2×**. Operating profit covers interest only -1.2×: fragile.
- **Piotroski F-score: 2/9**. 2 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend yield: 1.26%** ($0.06 per share, trailing). Ferroglobe PLC yields 1.26%, a modest yield more typical of a growth-oriented payer.
- **Consecutive years of increases: 2**. 2 straight years of increases.

## Price and momentum
- **Total return (1 yr): 13.3%** (YTD 1.4%, 3-mo 21.5%). The shares are up 13.3% over twelve months including dividends.
- **From 52-week high: -18.6%** (51.6% above the low). Trading 19% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 69**. An RSI of 69 is neutral.
- **Beta (1 yr): 1.45** (volatility 60%). Beta of 1.45 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=GSM · Page: https://foliofundamentals.com/stocks/gsm

Not investment advice.