YOLFTbeta
0R

BEFESA S.A.

0RVK · LSE

39.73EUR+0.10 (+0.25%)

Price History

Full chart

Market Stats

Previous Close39.63
Open39.58
Day Range38.55 – 39.73
52-Week Range25.86 – 38.10
Volume57
Market Cap2.49B
P/E (TTM)0.00
Forward P/E0.00
Dividend Yield2.48%
Beta1.80
50-Day Avg32.61
200-Day Avg39.85

About

Befesa S.A. offers environmental recycling services to the steel and aluminum industries in the European, Asian, and North American markets. It operates in two segments, Steel Dust Recycling Services and Aluminium Salt Slags Recycling Services. The Steel Dust Recycling Services segment collects and recycles crude steel dust; sells waelz oxide to zinc smelters; and treats crude steel dust; produces stainless steel by electric arc furnace or other metallurgical processes; and galvanization residues, as well as offers refining, logistics, administration, and advisory services. The Aluminium Salt Slags Recycling Services segment recycles salt slags; spent pot linings, a hazardous residue generated by primary aluminum producers; and recovers and sells salt, aluminum concentrate, and aluminum oxides. This segment also collects and recycles aluminum scrap and other aluminum residues, such as aluminum dross, shavings, cuttings, and aluminum concentrates; and produces secondary aluminum alloys for automotive and construction industries. The company also provides logistics, and waelz oxide and aluminum waste treatment services, as well as develops projects and technology. Befesa S.A. was founded in 1987 and is based in Luxembourg, Luxembourg.

Company Details

  • CEOMr. Asier Zarraonandia Ayo B.Com., BECON
  • Employees1.79K
  • Headquarters68-70, Boulevard de la Pétrusse, Luxembourg, Luxembourg, 2320, UK
  • Websitehttps://www.befesa.com

Leadership

  • Mr. Asier Zarraonandia Ayo B.Com., BECONCEO & Executive Director · b. 1967
  • Mr. Rafael Perez GomezCFO and Director of Investor Relations & Strategy
  • Ms. Birke FuchsBoard Secretary & General Counsel

Financials

Income Statement

Currency: EUR2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue533.38M651.19M743.50M611.69M724.79M720.09M647.94M604.33M821.61M1.14B1.18B1.24B1.18B
Growth (%)-+22.09%+14.18%-17.73%+18.49%-0.65%-10.02%-6.73%+35.95%+38.27%+3.92%+4.95%-4.55%
Cost of Revenue322.94M394.13M466.83M372.89M446.23M399.08M339.73M338.24M458.80M696.56M724.40M724.86M1.02B
Gross Profit210.44M257.06M276.68M238.79M278.56M321.01M308.21M266.09M362.81M439.47M456.20M514.17M161.16M
Gross Margin39.45%39.48%37.21%39.04%38.43%44.58%47.57%44.03%44.16%38.68%38.64%41.50%13.63%
Operating Expense163.93M160.54M180.81M139.38M153.10M174.08M182.76M180.04M232.70M357.95M372.62M401.31M18.35M
Operating Income46.51M96.52M95.87M99.41M125.46M146.94M125.45M86.05M130.11M81.52M83.58M112.86M142.81M
Operating Margin8.72%14.82%12.89%16.25%17.31%20.41%19.36%14.24%15.84%7.18%7.08%9.11%12.08%
EBITDA78.34M129.84M132.77M134.71M151.10M172.65M152.83M117.48M175.75M138.02M150.12M195.66M225.08M
EBITDA Margin14.69%19.94%17.86%22.02%20.85%23.98%23.59%19.44%21.39%12.15%12.72%15.79%19.03%
Net Income-15.69M18.37M-83.63M-51.94M21.81M92.39M82.71M47.61M99.75M106.22M57.97M50.82M80.50M
Net Income Margin-2.94%2.82%-11.25%-8.49%3.01%12.83%12.77%7.88%12.14%9.35%4.91%4.10%6.81%
R&D336.00K1.14M1.48M1.75M1.68M1.63M1.14M1.22M1.34M1.36M1.62M-3.40M
R&D as % of Total Revenue0.06%0.17%0.20%0.29%0.23%0.23%0.18%0.20%0.16%0.12%0.14%-0.29%
Interest Expense30.47M66.80M53.67M53.38M49.18M20.43M18.34M21.14M23.44M24.72M29.66M31.08M26.08M
Interest Expense % of Total Revenue5.71%10.26%7.22%8.73%6.78%2.84%2.83%3.50%2.85%2.18%2.51%2.51%2.21%

Balance Sheet

Currency: EUR2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.20B1.19B1.14B1.03B1.01B1.09B1.12B1.10B1.80B1.98B1.95B1.98B1.87B
Total Liabilities960.47M945.67M884.30M870.57M830.38M743.49M755.60M772.82M1.16B1.16B1.07B1.13B1.06B
Total Equity221.94M230.24M242.33M149.25M169.16M333.20M346.43M317.29M622.84M805.10M823.53M830.22M802.56M
Cash70.57M81.73M57.44M59.05M117.58M150.65M125.46M154.56M224.09M161.75M106.69M102.52M142.60M
Total Debt669.11M674.71M608.29M581.88M524.24M527.50M542.02M548.68M687.12M700.47M701.49M721.48M690.83M
Net Debt-70.57M-81.73M-57.44M-59.05M-117.58M-150.65M416.56M394.12M463.03M538.72M594.80M618.96M548.22M

Cash Flow

Currency: EUR2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-4.62M59.49M54.57M56.07M91.55M103.84M102.52M92.54M117.90M137.33M117.32M191.82M178.22M
Investing Cash Flow-643.60M-39.94M-22.24M-33.17M24.60M-40.48M-80.16M-53.88M-449.47M-151.40M-90.85M-78.57M-76.12M
Financing Cash Flow769.20M-8.66M-56.22M-17.47M-58.79M-30.04M-47.23M-9.16M401.77M-46.89M-80.24M-117.27M-57.27M
Capital Expenditure28.30M44.93M47.44M30.21M24.38M37.95M74.40M52.54M75.53M104.19M101.39M78.57M73.84M
Free Cash Flow-32.92M14.56M7.14M25.86M67.17M65.89M28.12M40.00M42.37M33.14M15.94M113.25M104.39M
Dividends Paid--3.90M-3.08M29.39M44.97M24.87M46.80M50.00M50.00M29.20M25.60M
FCF to OCF713.07%24.47%13.08%46.12%73.37%63.45%27.43%43.22%35.94%24.13%13.58%59.04%58.57%
Dividend Paid to FCF--54.63%-4.58%44.60%159.91%62.17%110.45%150.87%313.74%25.78%24.52%

Earnings

Report DateDec 31, 2017Mar 31, 2018Jun 30, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Mar 31, 2020Jun 30, 2020Sep 30, 2020Dec 31, 2020Mar 31, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023Jun 30, 2023Sep 30, 2023Mar 21, 2024May 17, 2024Jul 25, 2024Oct 31, 2024Dec 31, 2024Apr 22, 2025Jul 30, 2025Oct 30, 2025Dec 31, 2025Apr 30, 2026Oct 29, 2026
EPS Estimate------------------------------0.598.14-0.370.25
EPS Actual0.340.640.680.530.800.650.580.550.650.430.170.320.480.730.520.400.960.670.580.930.470.380.130.180.760.240.260.120.650.470.540.520.490.52-
Surprise-------------------------------9.17%-93.65%-39.89%-
Timing------------------------Pre-marketAfter-hoursPre-marketPre-market-Pre-marketAfter-hoursAfter-hours-After-hoursAfter-hours

Key Statistics & Ratios

Market Cap2.49B
Enterprise Value1.96B
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.00
Price / Book0.00
Book Value18.27
Revenue (TTM)1.17B
Gross Profit (TTM)536.71M
EBITDA236.44M
Profit Margin7.30%
Operating Margin14.31%
Return on Equity11.04%
Return on Assets5.47%
Shares Outstanding0
Shares Float35.82M
Beta1.80
Dividend Yield2.48%
Dividend Rate0.00
Payout Ratio65.41%

Dividends

20261×
1.00Jun 17, 2026
20251×
0.64Jun 20, 2025
20241×
0.73Jun 21, 2024
20231×
1.25Jun 16, 2023
20221×
1.25Jun 17, 2022
20211×
1.17Jul 1, 2021
20202×
0.29Nov 30, 20200.44Jun 19, 2020
20191×
1.32Jun 20, 2019
20181×
0.73May 2, 2018