Aperam (WBO:APAM) EV-to-EBIT: 3.18 (As of Jul. 19, 2026) — 57% Below Median

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WBO:APAM Aperam SA WBO:APAM
70 GF Score
Price €46.64
GF Value €26.71
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Aperam EV-to-EBIT?

Aperam WBO:APAM -1.48% 70 EV-to-EBIT is 3.18 as of Jul. 19, 2026, which is 57% below its 10-year median of 7.36. GuruFocus rates WBO:APAM with a GF Score™ of 70/100 and a GF Value™ of €26.71 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 493 Steel companies, Aperam ranks better than 91.08% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Aperam's Enterprise Value is €4,446 Mil. Aperam's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €1,397 Mil. Therefore, Aperam's EV-to-EBIT for today is 3.18.

The historical rank and industry rank for Aperam's EV-to-EBIT or its related term are showing as below:

WBO:APAM' s EV-to-EBIT Range Over the Past 10 Years
Min: -86.35   Med: 7.36   Max: 561.42
Current: 3.18

During the past 13 years, the highest EV-to-EBIT of Aperam was 561.42. The lowest was -86.35. And the median was 7.36.

WBO:APAM's EV-to-EBIT is ranked better than
91.08% of 493 companies
in the Steel industry
Industry Median: 13.12 vs WBO:APAM: 3.18

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Aperam's Enterprise Value for the quarter that ended in Mar. 2026 was €3,513 Mil. Aperam's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €1,397 Mil. Aperam's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 39.77%.


Aperam  (WBO:APAM) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Aperam's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=1397/3512.81908
=39.77 %

Aperam's Enterprise Value for the quarter that ended in Mar. 2026 was €3,513 Mil.
Aperam's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,397 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Aperam EV-to-EBIT Related Terms


Aperam EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Aperam's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Aperam EV-to-EBIT Chart

Aperam Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.97 3.36 17.97 19.03 -295.19

Aperam Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.26 2.05 2.12 -295.19 2.53

WBO:APAM vs NUE, STLD, RS: EV-to-EBIT Comparison

For the Steel subindustry, Aperam's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aperam EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Aperam's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Aperam's EV-to-EBIT falls into.


WBO:APAM
70GF Score
Aperam SA WBO:APAM
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aperam EV-to-EBIT Calculation

Aperam's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4446.015/1397
=3.18

Aperam's current Enterprise Value is €4,446 Mil.
Aperam's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,397 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 3.18 mean?
Aperam (WBO:APAM) has a EV-to-EBIT of 3.18 as of Jul. 19, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Aperam and its competitors. This is 57% below median its historical median of 7.36. According to the industry distribution chart, Aperam ranks #44 out of 493 companies in the Steel industry, placing it in the top 8.9%.
Is Aperam's EV-to-EBIT too high?
Aperam's current EV-to-EBIT of 3.18 is 57% below median its 10-year median of 7.36. The Steel industry median EV-to-EBIT is 13.12. Aperam's value of 3.18 is 75.8% below this industry median. Based on the distribution chart, Aperam ranks #44 out of 493 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Aperam has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aperam's EV-to-EBIT compare to NUE and STLD?
According to the Steel industry distribution chart, Aperam ranks #44 out of 493 companies for EV-to-EBIT. This places Aperam in the top 9% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 13.12. Aperam's value of 3.18 is 75.8% below this benchmark. While the company's 10-year median is 7.36 vs. the industry median of 13.12, Aperam has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Steel company?
The median EV-to-EBIT among Steel companies is 13.12, based on 493 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aperam's current EV-to-EBIT of 3.18 is 75.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Aperam and its competitors. For the Steel industry, the median EV-to-EBIT is 13.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aperam's current EV-to-EBIT is 3.18, which is 57% below median its own 10-year median of 7.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aperam stock overvalued right now?
Based on GuruFocus' analysis, Aperam (WBO:APAM) is currently considered Significantly Overvalued. The stock's GF Value™ is €26.71, compared to a current price of €46.64 — trading 74.6% above its estimated fair value. The current EV-to-EBIT is 3.18, which is 57% below median its 10-year median of 7.36 and 75.8% below the Steel industry median of 13.12. Aperam's overall GF Score™ is 70/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Aperam (WBO:APAM), the current EV-to-EBIT is 3.18 as of Jul. 19, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Aperam (WBO:APAM) Overvalued in 2026?

Based on GuruFocus' analysis, Aperam stock appears to be overvalued. The current stock price of €46.64 is trading 74.6% above its estimated GF Value™ of €26.71. GuruFocus considers Aperam to be Significantly Overvalued.

Key valuation signals for WBO:APAM:

  • EV-to-EBIT: 3.18 (57% below median its 10-year median of 7.36)
  • GF Value™: €26.71 vs. price of €46.64 (74.6% above fair value)
  • GF Score™: 70/100 with 11 warning signs
  • Industry Position: 75.8% below the Steel median (#44 of 493)

No single metric tells the full story. See the WBO:APAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aperam Business Description

Address 24-26 Boulevard d’Avranches, Luxembourg, LUX, 1160
Aperam SA is a Luxembourg-based stainless and specialty steel producer. The company operates through four segments. Its Stainless and Electrical Steel segment, which generates the majority of revenue, produces a wide range of stainless and electrical steel products for diverse industries. The Services and Solutions segment markets the company's products and provides customized steel transformation services; the Alloys and Specialties segment produces nickel alloys and certain specific stainless steels; and the Recycling & Renewables segment collects, trades, processes, and recycles stainless steel scrap and high-performance alloys. Geographically, the company generates maximum revenue from Europe, and the rest from the Americas, Asia, and Africa.
70GF Score

Get the complete analysis for WBO:APAM

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€46.64
Price
€26.71
GF Value