$Ternium (TX.US)$🎯 2023.7.28 The current price is 44.9, and...

New data: Report for the second quarter and full year of 2022, 2023Q1

Revenue increased by 2% in 2022, and operating profit declined by 46.9% due to a sharp drop in gross margin and a sharp rise in expenses, while net profit fell 52%. Interest income of $17 million in 2022, no interest burden.

2023Q1 revenue fell 15.8%, operating profit fell 66.3%, and net profit fell only 45.4% due to interest income and equity income.

The balance ratio fell from 28.4% to 21.3% in 2022, and fell further to 20.4% in 2023Q1.

The ratio and growth rate of accounts receivable and inventory are normal. Goodwill and other intangible assets are $957 million, accounting for 6.7% of the net assets of $14.252 million, long-term loans of only $530 million, and the leverage ratio is extremely low.

Over the past five years, net cash flow from operations has been far higher than net investment, and there is a lot of shareholder surplus.

Currently, the price-earnings ratio is 5, and the price-earnings ratio is raised to 6.5. If net profit falls by 50% for the whole year, the price-earnings ratio will increase to 10, and the dividend ratio TTM is 6%. Coupled with a steady balance sheet, it is still worth choosing (⭐️⭐️)