ERAMET S.A./€ERA
1D1W1MYTD1Y5YMAX
Capital at risk
About ERAMET S.A.
ERAMET S.A. is a French multinational mining and metallurgy company operating primarily in the extraction and processing of metals. The company's core business encompasses the production of manganese, nickel, mineral sands, and cobalt, each serving various industrial applications. Its operations are divided into segments such as Mining and Metals, which focus on raw material extraction, and High-Performance Alloys for producing specialized products. Founded in 1880, ERAMET has a long history in the industry and is headquartered in Paris, France. With a global operational footprint, ERAMET is strategically positioned to benefit from its diversified resource base and robust supply chain, enabling it to serve a broad array of markets worldwide.
- Ticker
- €ERA
- Sector
- Materials
- Primary listing
- PAR
- Employees
- 8,561
- Headquarters
- Paris, France
- Website
- www.eramet.com
ERAMET S.A. Metrics
BasicAdvanced
€1.2B
-
-€18.17
0.95
-
Price and volume
Market cap
€1.2B
Beta
0.95
52-week high
€87.70
52-week low
€41.16
Average daily volume
21K
Financial strength
Current ratio
2.036
Quick ratio
3.09
Long term debt to equity
1.913
Total debt to equity
2.155
Interest coverage (TTM)
-0.49%
Profitability
EBITDA (TTM)
191
Gross margin (TTM)
64.64%
Net profit margin (TTM)
-17.44%
Operating margin (TTM)
-2.88%
Effective tax rate (TTM)
-0.32%
Revenue per employee (TTM)
€350,000
Management effectiveness
Return on assets (TTM)
-0.85%
Return on equity (TTM)
-38.73%
Valuation
Price to revenue (TTM)
0.413
Price to book
2.79
Price to tangible book (TTM)
2.79
Price to free cash flow (TTM)
-2.946
Free cash flow yield (TTM)
-33.94%
Free cash flow per share (TTM)
-14.714
Growth
Revenue change (TTM)
2.30%
Earnings per share change (TTM)
437.73%
3-year revenue growth (CAGR)
-9.87%
10-year revenue growth (CAGR)
0.68%
3-year earnings per share growth (CAGR)
48.48%
10-year earnings per share growth (CAGR)
-4.70%
Bulls say / Bears say
Adjusted EBITDA rose 45% year over year to €276 million in H1 2026, while adjusted free cash flow improved to €7 million from negative €266 million, indicating meaningful benefits from volume growth and the ReSolution cost program. (Eramet)
The Centenario lithium project reached 90% of nameplate capacity in June 2026, and Eramet maintained its full-year target of 17,000–20,000 tonnes of lithium carbonate equivalent, improving the growth profile of the portfolio. (Eramet)
Gabon manganese operations are gaining operational momentum, with transported ore volumes up 6% in H1 2026, while a July agreement with the Gabonese Republic could enable processing of up to 700,000 tonnes annually by the end of 2031. (Eramet)
Eramet’s funding plan remains a major risk: net debt was €1.868 billion at June 30, 2026, while the planned €500 million capital increase is described as essential and is scheduled for Q4 2026, creating dilution and execution risk. (Eramet)
PT Weda Bay Nickel operated under care and maintenance for four months before its September restart, and 2026 nickel output remains constrained by the initial 12-million-wet-metric-ton RKAB permit pending approval of an upward revision. (Eramet)
Profitability remains fragile: Eramet reported a €146 million H1 2026 net loss excluding SLN and booked a €112 million impairment on Mineral Sands assets; Senegal’s mineral-sands operations are only expected to return to full capacity in Q1 2027. (Eramet)
Data summarised monthly by Lightyear AI. Last updated on 14 Sept 2026.
Upcoming events
No upcoming events
Funds containing ERAMET S.A.
AllEURGBPUSD
Fund name | Fund size | €ERA weighting |
|---|---|---|
VanEck Rare Earth and Strategic Metals€VVMX | €100M | 1.20% |
VanEck Rare Earth and Strategic Metals£REGB | £87M | 1.20% |
Xtrackers MSCI Europe Small Cap€DX2J | €3.2B | 0.03% |
Xtrackers MSCI Europe Small Cap£XXSC | £2.8B | 0.03% |
iShares MSCI World Small Cap$WSML | $9B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.