TX Stock Analysis: Ternium | NYSE
Steel | NYSE, USA | Market Cap: 9.285m USD | 12M Return: 58.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 23.7M
EPS Trend: -67.7%
Qual. Beats: 0
Rev. Trend: -31.3%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Ternium S.A. (NYSE: TX) is a Luxembourg-based steel manufacturer with operations primarily across Mexico, the broader Southern Region, Brazil, and other international markets. The company operates through two core segments: Steel, which produces a wide range of products including slabs, heavy plates, hot and cold rolled steel, coated products, automotive stamped parts, and tubular goods; and Mining, which focuses on iron ore extraction and pellet production. Ternium also provides related services in medical/social, scrap, and engineering fields, and is controlled by Techint Holdings S.à r.l. as its parent company.
As a vertically integrated steel producer, Ternium benefits from its in-house iron ore mining and pelletizing operations, which helps insulate it from raw material price volatility-a structural advantage common to large integrated mills in the Materials sector. The automotive industry is a particularly important end market for the company, given its production of stamped steel parts and roll-formed products that supply vehicle manufacturers throughout Latin America.
- HRC steel price declines pressure consolidated margins
- Mexican automotive and construction demand drives Steel segment volumes
- Iron ore pricing recovery supports Mining segment profitability
| Net Income: 570.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.00 > 0.02 and ΔFCF/TA 1.00 > 1.0 |
| NWC/Revenue: 39.51% < 20% (prev 43.88%; Δ -4.37% < -1%) |
| CFO/TA 0.10 > 3% & CFO 2.32b > Net Income 570.2m |
| Net Debt (64.2m) to EBITDA (1.62b): 0.04 < 3 |
| Current Ratio: 2.63 > 1.5 & < 3 |
| Outstanding Shares: last quarter (196.3m) vs 12m ago 0.0% < -2% |
| Gross Margin: 15.69% > 18% (prev 13.78%; Δ 1.91% > 0.5%) |
| Asset Turnover: 64.97% > 50% (prev 70.85%; Δ -5.89% > 0%) |
| Interest Coverage Ratio: 3.98 > 6 (EBIT TTM 835.5m / Interest Expense TTM 209.8m) |
| A: 0.25 (Total Current Assets 9.93b - Total Current Liabilities 3.77b) / Total Assets 24.2b |
| B: 0.55 (Retained Earnings 13.4b / Total Assets 24.2b) |
| C: 0.03 (EBIT TTM 835.5m / Avg Total Assets 24.0b) |
| D: 1.58 (Book Value of Equity 12.2b / Total Liabilities 7.74b) |
| Altman-Z'' = 5.35 = AAA |
| DSRI: 1.04 (Receivables 2.59b/2.69b, Revenue 15.6b/16.8b) |
| GMI: 0.88 (GM 13.78% / 15.69%) |
| AQI: 0.91 (AQ_t 0.15 / AQ_t-1 0.16) |
| SGI: 0.93 (Revenue 15.6b / 16.8b) |
| TATA: -0.07 (NI 570.2m - CFO 2.32b) / TA 24.2b) |
| Beneish M = -3.22 (Cap -4..+1) = AA |
As of July 29, 2026, the stock is trading at USD 47.74 with a total of 943,747 shares traded. Over the past week, the price has changed by +7.26%, over one month by +9.70%, over three months by +14.31% and over the past year by +58.71%.
Current recommended Stop Loss: 45.90 (which is 3.9% or 1.4 ATR below the current price).
Ternium has received a consensus analysts rating of 3.62. Therefore, it is recommended to hold TX.
- StrongBuy: 2
- Buy: 5
- Hold: 5
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 53.4 | 11.9% |
P/E Trailing = 15.7667
P/E Forward = 9.1743
P/S = 0.5948
P/B = 0.7613
P/EG = 0.1283
Revenue TTM = 15.6b USD
EBIT TTM = 835.5m USD
EBITDA TTM = 1.62b USD
Long Term Debt = 2.20b USD (from longTermDebt, last quarter)
Short Term Debt = 665.0m USD (from shortTermDebt, last quarter)
Debt = 3.21b USD (from shortLongTermDebtTotal, last quarter) + Leases 195.8m
Net Debt = 64.2m USD (calculated: Debt 3.21b - CCE 3.14b)
Enterprise Value = 9.35b USD (9.29b + Debt 3.21b - CCE 3.14b)
Interest Coverage Ratio = 3.98 (Ebit TTM 835.5m / Interest Expense TTM 209.8m)
EV/FCF = -144.5x (Enterprise Value 9.35b / FCF TTM -64.7m)
FCF Yield = -0.69% (FCF TTM -64.7m / Enterprise Value 9.35b)
FCF Margin = -0.42% (FCF TTM -64.7m / Revenue TTM 15.6b)
Net Margin = 3.66% (Net Income TTM 570.2m / Revenue TTM 15.6b)
Gross Margin = 15.69% ((Revenue TTM 15.6b - Cost of Revenue TTM 13.1b) / Revenue TTM)
Gross Margin QoQ = 17.46% (prev 14.41%)
Tobins Q-Ratio = 0.39 (Enterprise Value 9.35b / Total Assets 24.2b)
Interest Expense / Debt = 6.54% (Interest Expense 209.8m / Debt 3.21b)
Taxrate = 30.16% (229.6m / 761.3m)
NOPAT = 583.5m (EBIT 835.5m * (1 - 30.16%))
Current Ratio = 2.63 (Total Current Assets 9.93b / Total Current Liabilities 3.77b)
Debt / Equity = 0.26 (Debt 3.21b / totalStockholderEquity, last quarter 12.2b)
Debt / EBITDA = 0.04 (Net Debt 64.2m / EBITDA 1.62b)
Debt / FCF = -0.99 (negative FCF - burning cash) (Net Debt 64.2m / FCF TTM -64.7m)
Total Stockholder Equity = 12.0b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.38% (Net Income 570.2m / Total Assets 24.2b)
RoE = 4.74% (Net Income TTM 570.2m / Total Stockholder Equity 12.0b)
RoCE = 5.87% (EBIT 835.5m / Capital Employed (Equity 12.0b + L.T.Debt 2.20b))
RoIC = 2.87% (NOPAT 583.5m / Invested Capital 20.4b)
WACC = 7.65% (E(9.29b)/V(12.5b) * Re(8.71%) + D(3.21b)/V(12.5b) * Rd(6.54%) * (1-Tc(0.30)))
Discount Rate = 8.71% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: 0.0%
[DCF] Fair Price = unknown (Cash Flow -64.7m)
EPS Correlation: -67.70 | EPS CAGR: -46.37% | SUE: -0.35 | # QB: 0
Revenue Correlation: -31.31 | Revenue CAGR: -2.87% | SUE: -0.16 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.54 | Chg30d=+15.48% | Revisions=+17% | Analysts=3
EPS next Quarter (2026-09-30): EPS=1.75 | Chg30d=+37.77% | Revisions=+40% | Analysts=3
EPS current Year (2026-12-31): EPS=5.89 | Chg30d=+22.30% | Revisions=+17% | GrowthEPS=+67.4% | GrowthRev=+11.1%
EPS next Year (2027-12-31): EPS=6.60 | Chg30d=+16.06% | Revisions=+50% | GrowthEPS=+12.0% | GrowthRev=+4.5%
[Analyst] Revisions Ratio: +50% (up=9, down=2)