Ferrexpo

Ferrexpo is an LSE-listed producer and exporter of iron ore pellets. Its principal production facility is the Ukrainian iron ore mining company Poltavskiy GOK. The company owns significant iron ore reserves, making it one of the world’s largest pellet producers.

Shareholders Structure

SUMMARY

Market Price ($)	0.920
Market Cap ($m)	541
Enterprise Value ($m)	435
Shares Outstanding	588,624,142
Code	FXPO LN

Recommendations

FV ($)	****
Upside (%)	****
Recommendation	****

Indicator	2018	2019	2020	2021	2022
Sales ($m)	1,274	1,507	***	***	***
EBITDA ($m)	503	586	***	***	***
Net Income ($m)	335	403	***	***	***
Net Debt ($m)	339	281	***	***	***

Indicator	2018	2019	2020	2021	2022
P/E	1.61	1.34	***	***	***
P/Sales	0.42	0.36	***	***	***
EV/EBITDA	1.8	1.4	***	***	***
P/Book	0.62	0.40	***	***	***

Back to companies

Latest news about Ferrexpo

Oct 06, 2023

| Iron Ore

Ferrexpo — 3Q23 pellet production recovers by 15% q-o-q

Ferrexpo reported 3Q23 pellet production of 1.3 Mt, up 17% q-o-q and 117% y-o-y, consisting entirely of 65% Fe pellets. In 9M23, pellet production totaled 3.5 Mt, down 39% y-o-y. Quarterly concentrate production stood at 98 kt (-8% q-o-q, +51% y-o-y), with 9M23 output at 257 kt (+206% y-o-y). Total production thus increased by 15% q-o-q and 49% y-o-y to 1.3 Mt in 3Q23 and was down 39% y-o-y at 3.5 Mt in 9M23.

Aug 02, 2023

| Iron Ore

Ferrexpo — Reports 1H23 EBITDA of $64m, operating cash flow up h-o-h

News: Ferrexpo published its 1H23 financial results, reporting net sales of $334m (+7% h-o-h and -64% y-o-y), EBITDA of $64m (-77% h-o-h, -87% y-o-y) and net income of $27m (-80% h-o-h, -67% y-o-y). The EBITDA margin came in at 19.2% (-70.0pp h-o-h, -37.2pp y-o-y) and net margin at 8.1% (-36.0pp h-o-h, -35.3pp y-o-y).

Frontmen Agency