GSMFerroglobe PLC
Is the business good?
Margins steady. That is the only one of 4 checks this filer's data supports, so take it as a single data point rather than a settled answer.
Margins have held roughly steady, a stable cost structure.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is GSM?
Ferroglobe PLC earns −18% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
Return on invested capital · cost of capital 9.0% · 27 points below what the capital costs: growth destroys value
- Operating margin
- −10%
Operating margin · Other Industrial Metals & Mining median 8.9% · fiscal year to FY2025
- Share count, year on year
- −0.24%
Share count, year on year · flat: no meaningful dilution
- Gross margin
- 30%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | −16% |
| FY2021 | 1.8% |
| FY2022 | 25% |
| FY2023 | 12% |
| FY2024 | 2.3% |
| FY2025 | −10% |
Details›
- Gross marginfiscal year to FY2025
- 30%
- Operating marginfiscal year to FY2025
- −10%
- Net marginfiscal year to FY2025
- −13%
- Free cash flow margin
- −0.77%
- Revenue, trailing twelve months
- $1.34B
- Free cash flow, trailing twelve months
- −$10M
- Net income, trailing twelve months
- −$171M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- −18%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.