Voestalpine AG (VOE) Stock Price, Fundamentals & Analysis

What VOE does

Voestalpine AG (VOE) processes, develops, manufactures, and sells steel and technology products in Austria, the European Union, and internationally. It operates through five divisions: Steel Division, High Performance Metals Division, Metal Engineering Division, Metal Forming Division, and Holding & Group Services. The Steel division produces hot and cold-rolled steel strips, as well as electrogalvanized, hot-dip galvanized, and organically coated steel strips; heavy plates; and foundry products for the energy sector, including turbine casings. The High Performance Metals division offers special high-alloy tool and high-speed steel for the oil and natural gas, aerospace, and energy engineering industries, using nickel-base and titanium alloys, and provides tool manufacturing, component processing, heat treatment, and coating services.

Key numbers explained

• Price of 45,8 EUR: the latest traded price on the Wiener Börse.
• Trailing P/E ratio of 15,5: the current share price divided by the last 12 months of earnings per share (2,96 EUR), showing how much investors pay per euro of recent earnings.
• Forward P/E ratio of 9,1: the price relative to expected future earnings, often used to compare current valuation against growth expectations.
• Dividend yield of 1,64%: the annual dividend as a percentage of the share price, with 20% of earnings paid out as dividends and an ex-dividend date of 9 iul. 2026.
• Beta of 1,86: the stock’s sensitivity to market moves; a value above 1 means it tends to swing more than the market.
• Price-to-book of 1,01: the price relative to the company’s book value per share, where values near 1 suggest the market price is close to the accounting value of equity.
• Debt-to-equity of 25,4%: the proportion of debt financing relative to shareholders’ equity, indicating a relatively low leverage level.
• Return on equity of 6,6%: the net income generated for each euro of shareholders’ equity, a measure of capital efficiency.

What to watch

• Industry cycles in steel and basic materials, which can affect demand and pricing.
• Energy costs and raw material inputs, which influence margins in steel production and processing.
• Order trends in the automotive, energy, and aerospace sectors that use Voestalpine’s products.
• Currency movements, given the company’s international operations and revenue exposure.
• Capital allocation decisions, including dividend policy and investment in capacity or technology.
• Regulatory and trade policy changes in the EU and other key markets.

Voestalpine AG is listed on the Wiener Börse and is part of the ATX. Investors tracking European industrials may also compare it with peers such as Wienerberger AG (WIE) or other steel producers like Kobe Steel (5406) and Shandong Nanshan Aluminium (600219).