| Latest Forum Topics / Others |
 Post Reply
|
|
Ternium ? a geographical diversification opportuni
|
|
|
i4value
Senior |
31-Jan-2024 07:48
Yells: "i4value.asia" |
|
x 0
x 0 Alert Admin |
Ternium is a South American steel company. Although it has some mining operations, these serve mainly in-house and are a small component relative to the steel output. It achieved revenue and profit growth through organic growth and acquisitions over the past 11 years. It has a strong financial position and a good capital allocation plan, creating value for shareholders. A Valuation based on the steel price cycle shows a sufficient margin of safety, making it an investment opportunity. If you are already invested in Bursa steel companies, this might be a good geographical diversification. |
| Useful To Me Not Useful To Me | |