Eramet SA (ERA) AI Stock Analysis

• Market Cap: €1.44B
• Dividend Yield: 2.83%
• Average Volume (3M): 41.06K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.55
• Revenue Growth: -6.91%
• EPS Growth: -222.35%
• Country: FR
• Employees: 8,770
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -11.35
• Shares Outstanding: 28,755,047
• 10 Day Avg. Volume: 43,349
• 30 Day Avg. Volume: 41,061
• PEG Ratio: <0.01
• Price to Book (P/B): 2.30
• Price to Sales (P/S): 0.60
• P/FCF Ratio: -2.10
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €52.00
• Price Target Upside: -5.88% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 1
• EPS Forecast (FY): -4.43
• Revenue Forecast (FY): €3.44B

• Rating: 41 Neutral
• Price Target: €48.00 ▼(-13.12% Downside)
• Action: Reiterated Date: 02/28/26
• Date: Action: Reiterated 02/28/26

The score is primarily constrained by weak financial performance, marked by a post-2022 earnings downturn, higher leverage risk in 2025, and sustained negative operating/free cash flow. Technicals are mixed but lean bearish due to a negative MACD and price below key short-term moving averages. Valuation is held back by a negative P/E (loss-making), partly offset by a moderate dividend yield.

Positive Factors

Battery metals exposure (nickel)

Eramet’s exposure to nickel, including nickel used in batteries and alloys, aligns the company with structural EV and energy-transition demand. Over 2–6 months this underpinning supports higher durable demand for battery-grade nickel and revenue diversification if execution and offtakes hold.

Negative Factors

Weak cash generation

Operating cash flow turned negative in 2024–2025 and free cash flow has been persistently negative since 2023. Sustained cash burn constrains reinvestment, debt servicing and dividends, forcing reliance on external financing and limiting strategic flexibility across the medium term.

Eramet SA Business Overview & Revenue Model

Company Description

ERAMET S.A. operates as a mining and metallurgical company worldwide. The company extracts and processes manganese ore, nickel ore, and mineral sands. It also produces ferronickel, high purity nickel metal, nickel salts, nickel and cobalt chloride...

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ERAMET S.A. operates as a mining and metallurgical company worldwide. The company extracts and processes manganese ore, nickel ore, and mineral sands. It also produces ferronickel, high purity nickel metal, nickel salts, nickel and cobalt chloride...

How the Company Makes Money

Eramet primarily makes money by producing and selling mined and processed metals and mineral products to industrial customers, with revenues largely linked to volumes sold and prevailing commodity prices. Its main revenue streams typically include...

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Eramet primarily makes money by producing and selling mined and processed metals and mineral products to industrial customers, with revenues largely linked to volumes sold and prevailing commodity prices. Its main revenue streams typically include...

Eramet SA Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.75B	2.93B	3.34B	5.01B	3.71B
Gross Profit	1.47B	1.71B	2.00B	1.23B	762.00M
EBITDA	138.00M	231.00M	209.00M	1.32B	1.15B
Net Income	-477.00M	14.00M	109.00M	740.00M	298.00M
Balance Sheet
Total Assets	5.88B	6.46B	6.28B	7.28B	6.35B
Cash, Cash Equivalents and Short-Term Investments	591.00M	913.00M	1.61B	1.66B	1.18B
Total Debt	2.52B	2.22B	2.23B	2.00B	2.11B
Total Liabilities	4.39B	4.48B	4.28B	5.04B	4.91B
Stockholders Equity	718.00M	1.44B	1.60B	1.78B	1.01B
Cash Flow
Free Cash Flow	-785.00M	-812.00M	-423.00M	428.00M	461.00M
Operating Cash Flow	-313.00M	-125.00M	172.00M	1.02B	773.00M
Investing Cash Flow	-136.00M	-306.00M	-557.00M	-538.00M	-421.00M
Financing Cash Flow	437.00M	-12.00M	269.00M	-60.00M	-1.03B

Eramet SA Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 55.25
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:ERA, the sentiment is Negative. The current price of 55.25 is above the 20-day moving average (MA) of 50.26, below the 50-day MA of 56.30, and below the 200-day MA of 56.06, indicating a neutral trend. The MACD of -1.63 indicates Negative momentum. The RSI at 45.38 is Neutral, neither overbought nor oversold. The STOCH value of 39.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:ERA.

Eramet SA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DBG	64 Neutral	€1.44B	6.86	11.12%	1.90%	-7.47%	63.02%
JCQ	63 Neutral	€492.54M	41.46	1.38%	0.99%	-7.44%	85.42%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MRN	53 Neutral	€614.98M	41.31	6.02%	3.94%	0.23%	-35.65%
NK	46 Neutral	€1.83B	-4.95	-11.01%	6.28%	-7.71%	-451.19%
ERA	41 Neutral	€1.44B	-3.46	-7.36%	2.83%	-6.91%	-222.35%