Acerinox Competitors

Stocks . Spain . 
Stock . Acerinox
ACX Stock  EUR 9.88  0.03  0.30%   
Acerinox competes with ENCE Energa, Faes Farma, Tubacex SA, Lyxor UCITS, and Metrovacesa; as well as few others. The company operates under Metals & Mining sector and is part of Materials industry. Analyzing Acerinox competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Acerinox to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Acerinox Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Acerinox competition on your existing holdings.
  
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Acerinox's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
8.699.8811.07
Details
Intrinsic
Valuation
LowRealHigh
8.799.9811.17
Details
Naive
Forecast
LowNextHigh
8.489.6710.86
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.829.9210.02
Details

Acerinox Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Acerinox and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Acerinox and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Acerinox does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
MVC
+ 0.94
FAE
LYXIB
+ 0.91
ENC
ENO
+ 0.9
ENC
ENO
+ 0.89
LYXIB
LYXIB
+ 0.88
FAE
GRE
+ 0.88
FAE
  
High negative correlations   
GRE
- 0.28
TUB
ENO
- 0.22
TUB
TUB
- 0.19
ENC
YHSP
- 0.17
MVC
MVC
- 0.14
TUB
YHSP
- 0.13
ENO

Risk-Adjusted Indicators

There is a big difference between Acerinox Stock performing well and Acerinox Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Acerinox's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
ENC  1.14  0.23  0.19  0.43  0.91 
(1.58)
 3.30 
(1.59)
 8.79 
FAE  0.73  0.36  0.39  5.59  0.00 
(1.00)
 1.81 
(1.27)
 5.31 
TUB  1.22  0.06  0.04  0.26  1.34 
(1.51)
 2.45 
(2.10)
 8.56 
LYXIB  0.79  0.18  0.16  0.53  0.83 
(0.84)
 1.69 
(1.64)
 4.69 
MVC  1.07  0.19  0.10  0.54  1.52 
(1.10)
 2.11 
(2.30)
 13.84 
GRE  2.18  0.40  0.17  1.23  2.04 
(2.66)
 5.59 
(3.33)
 11.58 
ENO  0.94  0.18  0.14  0.61  0.99 
(1.10)
 2.24 
(1.87)
 5.55 
YHSP  2.67  0.12  0.01 (0.07) 3.57 
(4.75)
 7.27 
(6.78)
 21.79 
MAP  0.90  0.18  0.13  0.44  0.89 
(1.21)
 1.99 
(1.74)
 8.46 
ATRY  1.75  0.34  0.17  0.48  1.62 
(2.34)
 7.12 
(2.76)
 19.72 

Acerinox Competitive Analysis

The better you understand Acerinox competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Acerinox's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Acerinox's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
ACX ENC FAE TUB LYXIB MVC GRE ENO YHSP MAP
 0.30 
 9.88 
Acerinox
 1.20 
 3.28 
ENCE
 0.80 
 3.80 
Faes
 3.74 
 3.33 
Tubacex
 1.64 
 113.94 
Lyxor
 2.45 
 8.37 
Metrovacesa
 1.10 
 31.55 
Grenergy
 0.50 
 20.10 
Elecnor
 7.27 
 5.90 
Hispanotels
 0.45 
 2.22 
Mapfre
Market Volatility
(90 Days Market Risk)
Not too volatile
Somewhat reliable
Somewhat reliable
Slightly risky
Very steady
Not too volatile
Out of control
Very steady
Moderately volatile
Slightly risky
Market Performance
(90 Days Performance)
Insignificant
Good
Strong
Insignificant
Good
OK
Good
Good
Insignificant
Good
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Average
Low
Quite High
Low
Low
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Under Valued
Over Valued
Fairly Valued
Under Valued
Fairly Valued
Under Valued
Under Valued
Over Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Strong Buy
Cautious Hold
Cautious Hold
Strong Buy
Strong Hold
Not Rated
Strong Buy
Strong Sell
Strong Buy
Current Ratio
1.8
1.52
2.86
1.14
N/A
21.16
2.01
1.07
N/A
1.02
Net Asset
5.98 B
1.61 B
641.76 M
1.04 B
830.38 M
2.78 B
604.81 M
3.29 B
N/A
59.63 B
Profit Margin
0.11
0.0681
0.19
0.0275
N/A
0.0468
0.092
0.0269
0.88
0.031
EBITDA
976.49 M
(82.42 M)
110.38 M
16.67 M
N/A
33.76 M
34.87 M
269.54 M
2.68 M
1.54 B
Operating Margin
0.15
0.0888
0.22
0.0448
N/A
0.12
0.16
0.0494
0.45
0.0675
Current Valuation
3.05 B
645.24 M
1 B
578.23 M
N/A
1.04 B
1.28 B
1.62 B
76.47 M
7.46 B
Price To Book
0.79
1.29
1.86
1.06
1.19
0.49
3.64
1.19
1.35
0.72
Five Year Return
4.1
3.87
3.5
N/A
2.08
N/A
N/A
2.71
N/A
7.15
One Year Return
N/A
N/A
N/A
N/A
-7.77
N/A
N/A
N/A
N/A
N/A
Beta
1.38
1.23
0.59
1.36
N/A
0.99
0.85
0.71
-0.0156
0.85
Number Of Employees
8.28 K
1.13 K
1.56 K
2.33 K
N/A
203
227
21.21 K
4
32.19 K
Equity Positions Weight
N/A
N/A
N/A
N/A
100.0
N/A
N/A
N/A
N/A
N/A
Shares Outstanding
259.7 M
242.35 M
306 M
120.91 M
N/A
151.45 M
29.97 M
84.68 M
11.13 M
3.06 B
Three Year Return
N/A
N/A
N/A
N/A
-0.87
N/A
N/A
N/A
N/A
N/A
Cash Flow From Operations
387.81 M
141.29 M
79.64 M
(23.93 M)
N/A
138.97 M
13.73 M
206.19 M
1.12 M
(485.9 M)
Annual Yield
0.0842
0.0763
0.0208
0.0413
N/A
0.15
N/A
0.0302
0.0506
0.0771
Total Debt
1.37 B
423.86 M
3.5 M
276.63 M
N/A
287.44 M
233.13 M
750.37 M
N/A
4.08 B
Return On Equity
0.38
0.1
0.16
0.0387
N/A
0.012
0.11
0.15
0.0737
0.12
Z Score
1.6
1.2
N/A
0.6
N/A
1.8
2.4
0.6
N/A
0.6
Return On Asset
0.13
0.0351
0.1
0.0163
N/A
0.014
0.0368
0.0327
0.0163
0.0141
Book Value Per Share
11.85
2.72
1.89
1.91
N/A
13.24
8.3
9.0
4.46
2.37
Total Asset
5.98 B
1.61 B
641.76 M
1.04 B
830.38 M
2.78 B
604.81 M
3.29 B
N/A
59.63 B
Debt To Equity
1.06
0.92
5.3
151.2
N/A
3.2
59.1
201.6
N/A
0.31
Target Price
12.5
4.11
4.25
3.24
N/A
7.62
40.96
16.75
N/A
1.99
Last Dividend Paid
N/A
N/A
0.21
N/A
N/A
N/A
N/A
0.29
0.18
N/A
Shares Owned By Institutions
45.21
16.65
16.2
29.52
N/A
4.12
19.34
6.71
N/A
6.0
Market Capitalization
2.47 B
884.57 M
1.09 B
282.32 M
N/A
1.06 B
937.54 M
1.01 B
64.55 M
5.98 B
Price To Earning
32.9
148.05
20.64
22.88
13.61
N/A
14.33
12.74
N/A
7.84
Price To Earnings To Growth
0.49
0.43
N/A
N/A
N/A
N/A
N/A
N/A
N/A
2.37
Price To Sales
0.26
0.67
2.33
0.38
1.17
1.85
3.7
0.25
15.57
0.27
Net Income
571.88 M
(190.41 M)
83.21 M
(32.21 M)
N/A
23.73 M
16.31 M
93.61 M
3.63 M
642.1 M
Earnings Per Share
3.51
0.29
0.27
0.11
N/A
0.16
0.93
1.09
0.08
0.21
Shares Owned By Insiders
7.39
43.65
7.0
20.29
N/A
94.47
53.95
58.73
47.8
69.8
Revenue
6.71 B
819.67 M
398.56 M
341.86 M
N/A
510.74 M
82.51 M
3.12 B
4.15 M
21.56 B
Ten Year Return
N/A
N/A
N/A
N/A
4.43
N/A
N/A
N/A
N/A
N/A
Cash And Equivalents
1.01 B
475.3 M
56.13 M
159.1 M
N/A
117.2 M
15.53 M
428.64 M
N/A
7.9 B
Cash Per Share
3.72
1.98
0.2
1.23
N/A
0.77
0.66
5.06
N/A
2.58
Gross Profit
2.36 B
430.18 M
277.68 M
170.17 M
N/A
104.78 M
60.05 M
1.52 B
4.12 M
7.46 B
Day Typical Price
9.9
3.3
3.78
3.3
114.97
8.49
31.55
20.13
5.9
2.22
Accumulation Distribution
0.016
0.0209
0.0184
0.0533
0.0265
0.0435
0.0281
0.0148
N/A
0.0135
Market Facilitation Index
0.16
0.07
0.07
0.18
3.1
0.38
0.9
0.3
N/A
0.03
Daily Balance Of Power
(0.19)
(0.57)
0.4286
0.6667
(0.61)
(0.55)
(0.39)
(0.33)
9.2 T
(0.33)
Period Momentum Indicator
(0.03)
(0.04)
0.03
0.12
(1.90)
(0.21)
(0.35)
(0.10)
0.4
(0.01)
Rate Of Daily Change
1.0
0.99
1.01
1.04
0.98
0.98
0.99
1.0
1.07
1.0
Day Median Price
9.91
3.32
3.78
3.29
115.49
8.55
31.55
20.15
5.9
2.22
Price Action Indicator
(0.04)
(0.06)
0.04
0.1
(2.50)
(0.29)
(0.17)
(0.10)
0.2
N/A
Relative Strength Index
44.67
49.14
76.38
53.13
53.52
50.97
63.25
52.18
51.98
55.24
Coefficient Of Variation
1763.43
632.02
266.77
2205.98
549.56
830.08
677.21
609.59
3516.11
667.38
Mean Deviation
0.7851
1.14
0.7259
1.22
0.7932
1.07
2.18
0.938
2.67
0.898
Jensen Alpha
0.0545
0.2322
0.3633
0.0613
0.1771
0.1876
0.4038
0.1814
0.124
0.1759
Total Risk Alpha
0.0421
0.2175
0.3518
0.0436
0.167
0.1701
0.3721
0.1694
0.0599
0.1637
Sortino Ratio
0.0334
0.1921
0.3924
0.0359
0.1559
0.1021
0.1726
0.1425
0.0148
0.1288
Downside Variance
2.13
1.42
0.8245
2.4
1.22
3.2
5.34
1.53
49.4
1.77
Standard Deviation
1.17
1.56
0.9973
1.61
1.04
1.66
2.82
1.18
4.28
1.26
Kurtosis
10.22
2.19
1.82
1.65
0.5025
8.98
1.09
(0.20)
0.8744
3.47
Potential Upside
1.68
3.3
1.81
2.45
1.69
2.11
5.59
2.24
7.27
1.99
Treynor Ratio
0.237
0.4296
5.59
0.264
0.5316
0.5421
1.23
0.6093
(0.07)
0.4351
Maximum Drawdown
8.16
8.79
5.31
8.56
4.69
13.84
11.58
5.55
21.79
8.46
Variance
1.37
2.42
0.9945
2.6
1.09
2.76
7.95
1.39
18.34
1.59
Market Risk Adjusted Performance
0.247
0.4396
5.6
0.274
0.5416
0.5521
1.24
0.6193
(0.06)
0.4451
Risk Adjusted Performance
0.04
0.1045
0.237
0.0343
0.1173
0.0812
0.0997
0.1068
0.0262
0.0983
Skewness
(2.11)
1.13
0.7534
0.4749
(0.15)
0.8205
0.6451
(0.17)
(0.07)
0.6807
Semi Deviation
1.29
0.906
0.0
1.34
0.8257
1.52
2.04
0.9913
3.57
0.8892
Information Ratio
0.0417
0.147
0.3573
0.0345
0.1651
0.1099
0.1414
0.1492
0.0243
0.1359
Value At Risk
(1.73)
(1.59)
(1.27)
(2.10)
(1.64)
(2.30)
(3.33)
(1.87)
(6.78)
(1.74)
Expected Short fall
(0.85)
(1.58)
(1.00)
(1.51)
(0.84)
(1.10)
(2.66)
(1.10)
(4.75)
(1.21)
Downside Deviation
1.46
1.19
0.908
1.55
1.1
1.79
2.31
1.24
7.03
1.33
Semi Variance
1.66
0.8208
(0.01)
1.8
0.6818
2.31
4.18
0.9827
12.76
0.7906

Acerinox Competition Performance Charts

Five steps to successful analysis of Acerinox Competition

Acerinox's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Acerinox in relation to its competition. Acerinox's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Acerinox in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Acerinox's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Acerinox, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Acerinox position

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Other Information on Investing in Acerinox Stock

Acerinox financial ratios help investors to determine whether Acerinox Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Acerinox with respect to the benefits of owning Acerinox security.
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