GSM's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 0.05 -- higher than merely 1.89% of US-listed equities with positive expected earnings growth.
In terms of twelve month growth in earnings before interest and taxes, Ferroglobe PLC is reporting a growth rate of -798.28%; that's higher than only 2.28% of US stocks.
Ferroglobe PLC's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 126.74%, greater than the shareholder yield of 97.03% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Ferroglobe PLC are TACO, APY, ECOL, LDL, and EXTN.
Ferroglobe PLC - Ordinary Shares (GSM) Company Bio
Globe Specialty Metals produces silicon metal and silicon-based specialty alloys, used in industrial and consumer products. Customers include silicone chemical, aluminum and steel manufacturers, auto companies and their suppliers, ductile iron foundries, manufacturers of photovoltaic solar cells and computer chips, and concrete producers. The company was founded in 2004 and is based in Miami, Florida.
Greger Hamilton and Donald Barger, have decided to step down from the Board of Directors. Mr. Hamilton, who joined the Board in December 2015, has resigned effective May 31, 2020. Mr. Barger, who has also been on the Board since its inception in December 2015, has informed the Company that he does not intend to seek re-election at the Company’s Annual General Meeting (“AGM”) in 2020 and will step down at the conclusion of that meeting.
The filing includes audited financial statements as of and for the year ended December 31, 2019 and is available at www.ferroglobe.com and www.sec.gov. As reflected therein, the Company had an operating loss of $355.6 million and a net loss of $285.6 million for the year ended December 31, 2019. As of that date, the Company had cash and cash equivalents of $123.2 million, of which $28.3 is restricted.
With the uncertainties created by the COVID-19 pandemic and potential implications for Ferroglobe’s operating environment and financial results, the Company continues to prepare financial scenarios for the near-term, which its external auditor is auditing. The time and attention needed to gather and present relevant information to the auditors has impeded the Company’s ability to complete its Annual Report by the April 30, 2020 due date. As a result, the Company is relying on the Securities and Exchange Commission’s Orders under Section 36 of the Securities and Exchange Act of 1934, as amended, dated March 4, 2020 and March 25, 2020 (Release Nos.