$Ferroglobe (GSM.US)$The share price of an American company ...

The gross profit margin fell from 34% to 17.4% over the past five years and then returned to 28%. The return on equity was only 5.5% in 2018, with losses for the other four years.

It was supposed to be excluded directly, but revenue doubled to 1.56 billion in the first two quarters of 2022, with operating profit and net profit reaching 480 million and 340 million respectively. This reduces the price-to-earnings ratio (TTM) to 4.7. If the growth rate is stable, with a full-year profit of 700 million, the current price-to-earnings ratio will be lower than 2.

Over the past five years, the asset-liability ratio has risen from 53% to 79% and fell to 67% in the first two quarters of 2022.

Long-term borrowing is 389 million yuan, cash has reached 300 million, liquidity looks good, long-term loans account for 61% of net assets.

Over the past five years, the net operating volume exceeds the net investment, and there is a certain shareholder surplus.

The current price-to-earnings ratio is TTM4.7, the expected price-to-earnings ratio can be reduced to less than 2, and the price-to-book ratio is currently 2.1. you can choose carefully (⭐️).