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Ferroglobe PLC

GSMBasic MaterialsNASDAQ

Other Industrial Metals & Mining · Last scanned May 29, 2026

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Financials · Annual
Revenue
$1.34B
-18.8% YoY
Net Income
-$170.7M
-825.2% YoY
EBITDA
-$72.8M
-156.9% YoY
Free Cash Flow
-$8.5M

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About Ferroglobe PLC

Ferroglobe PLC produces and sells silicon metal, and silicon and manganese-based alloys. Valued at $835.3M, GSM is a small-cap name in its sector. It provides silicone metal that are used in a range of applications, including construction-related products, electronics, personal care items, and health care, as well as by primary and secondary aluminum producers.

Key stats
Market Cap$835.3M
Fwd P/E8.94
EPS$-0.59
Beta1.03
52W Change+23.1%
Dividend Yield1.29%
ROE-16.2%
Analysis

On the balance sheet, GSM has $96.2M in cash with $272.4M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow is running at -$8.5M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of -16.2% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has pulled back from $2.60B (2022) to $1.34B (2025), a 49% decline worth watching.

The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing GSM.

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