TXTernium S.A.

$55.12

Is it safe?

Can TX take a bad year?

Ternium S.A. carries $1.16B of net debt at 0.78× EBITDA: a load its earnings can carry.

$1.16B

Net debt · as at FY2025 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
0.78×

Net debt / EBITDA · 0.40× a year ago · the load is going up

Cash runway
5+ years

Cash runway · burning $86M a quarter at the current rate

Annualised volatility
32%

Annualised volatility · about as steady as the market itself

Details
Total debtFY2025
$3.02B
Cash and short-term investments
$1.86B
Net debt
$1.16B
EBITDA, trailing twelve months
$1.49B
Operating profit, trailing twelve months
$705M
Debt / equity
0.25×
Total debt / EBITDA
2.02×
Annualised volatilitytwo years of daily moves
32%
Worst drawdown on file
−75%
Below its 52-week high
−0.49%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.