October 2026
Largest Metals & Mining Public Companies in France
Benchmark revenue and EBITDA valuation multiples for public comps like
Constellium, Eramet, Foraco International, Installux and Gold By Gold.
 | Constellium is a French-based manufacturer and recycler of aluminium rolled products, extrusions and structural components, headquartered in Paris with corporate offices in Baltimore and Zurich, and listed on the New York Stock Exchange. It was created in 2011 when Rio Tinto sold Alcan Engineered Products, itself the product of mergers among Pechiney, Alcan and Alusuisse, to Apollo Management and the French strategic investment fund FSI. It reports three segments: Aerospace & Transportation, which makes plate, sheet and extrusions for aircraft, defence, space and industrial uses at plants including Issoire in France and Ravenswood, West Virginia; Packaging & Automotive Rolled Products, which makes beverage-can and automotive body sheet at Neuf-Brisach, Muscle Shoals, Bowling Green and Singen; and Automotive Structures & Industry, which makes crash-management systems, body structures and battery enclosures. Customers include Airbus, Boeing, Mercedes-Benz, Audi, BMW and Ford. Constellium earns its money from product sales and reported 2025 revenue of $8.4 billion and net income of $275 million, with about 11,500 employees at 23 manufacturing sites in North America, Europe and Asia. It listed in New York in 2013, bought Wise Metals for about $1.4 billion in 2015 and became a European company (SE) in 2019. | $25 | +62% | $3.5B | $5.2B | 0.6x | 6.2x | ||
| Eramet SA is a French mining and metallurgical company focused on the extraction, production, and sale of alloying metals, principally Manganese, Nickel, Mineral Sands, and Lithium. The company is also engaged in the production and transformation of alloys. Manganese constitutes nearly half of Eramet's revenue, followed by Nickel. Geographically, the majority of the company's revenue is generated from Asia and the rest from Europe, North America, France, and other regions. | $42 | -39% | $1.2B | $4.4B | 1.4x | (38.3x) | ||
| Foraco International SA is the business of providing mineral and water drilling services and hydraulic drilling. It specializes in drilling in harsh environments and isolated locations including desert and mountainous regions. The principal sources of revenue consist of drilling contracts for companies involved in mining and water exploration. The principal sources of revenue consist of drilling contracts for companies involved in mining and water exploration. The group has its operations in Europe, the Middle East and Africa, North America, South America and the Asia Pacific. | $2 | +21% | $175M | $265M | 1.0x | 5.9x | ||
| Installux SA engages in the design, manufacture, and distribution of aluminum profiles and accessories to the building finishing sector. The firm's products profile includes outfitting products and partitions, one-piece awnings, aluminum sections and accessories, and others. | $553 | +57% | $154M | $122M | 0.7x | 5.8x | ||
| Gold By Gold is engaged in the trading, extracting and refining precious metals. | $5 | +40% | $14M | $14M | 0.4x | 7.1x | ||
| Median | $25 | +40% | $175M | $265M | 0.7x | 5.9x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
Recent Insights
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.