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Eramet Valuation Multiples
Discover revenue and EBITDA valuation multiples for Eramet and similar public comparables like Elvalhalcor, Champion Iron, Bellevue Gold, Granges and more.
Eramet Overview
About Eramet
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.
Founded
1963
HQ

Employees
8.8K
Website
Sectors
Financials (LTM)
EV
$4B
Eramet Financials
Eramet reported last 12-month revenue of $4B and EBITDA of $397M.
In the same LTM period, Eramet generated $397M in EBITDA and had net loss of ($430M).
Revenue (LTM)
Eramet P&L
In the most recent fiscal year, Eramet reported revenue of $3B and EBITDA of $300M.
Eramet expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $4B | XXX | $3B | XXX | XXX | XXX |
| Gross Profit | — | XXX | $2B | XXX | XXX | XXX |
| Gross Margin | — | XXX | 50% | XXX | XXX | XXX |
| EBITDA | $397M | XXX | $300M | XXX | XXX | XXX |
| EBITDA Margin | 11% | XXX | 9% | XXX | XXX | XXX |
| EBIT Margin | 5% | XXX | 4% | XXX | XXX | XXX |
| Net Profit | ($430M) | XXX | ($560M) | XXX | XXX | XXX |
| Net Margin | (12%) | XXX | (16%) | XXX | XXX | XXX |
| Net Debt | — | — | $2B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Eramet Stock Performance
Eramet has current market cap of $2B, and enterprise value of $4B.
Market Cap Evolution
Eramet's stock price is $65.10.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $4B | $2B | 2.8% | XXX | XXX | XXX | $-19.54 |
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Start Free TrialEramet Valuation Multiples
Eramet trades at 1.1x EV/Revenue multiple, and 10.4x EV/EBITDA.
EV / Revenue (LTM)
Eramet Financial Valuation Multiples
As of April 20, 2026, Eramet has market cap of $2B and EV of $4B.
Equity research analysts estimate Eramet's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Eramet has a P/E ratio of (4.3x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV (current) | $4B | XXX | $4B | XXX | XXX | XXX |
| EV/Revenue | 1.1x | XXX | 1.2x | XXX | XXX | XXX |
| EV/EBITDA | 10.4x | XXX | 13.8x | XXX | XXX | XXX |
| EV/EBIT | 24.3x | XXX | 31.5x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 2.4x | XXX | XXX | XXX |
| P/E | (4.3x) | XXX | (3.3x) | XXX | XXX | XXX |
| EV/FCF | (6.0x) | XXX | (4.9x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Eramet Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Eramet Margins & Growth Rates
Eramet's revenue in the last 12 month grew by 14%.
Eramet's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.2M for the same period.
Eramet's rule of 40 is 41% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Eramet's rule of X is 80% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Eramet Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 14% | XXX | 17% | XXX | XXX | XXX |
| EBITDA Margin | 11% | XXX | 9% | XXX | XXX | XXX |
| EBITDA Growth | 72% | XXX | 109% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 41% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 80% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| R&D Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 56% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Eramet Public Comps
See public comps and valuation multiples for other Metals & Mining comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Eramet | XXX | XXX | XXX | XXX | XXX | XXX |
| Elvalhalcor | XXX | XXX | XXX | XXX | XXX | XXX |
| Champion Iron | XXX | XXX | XXX | XXX | XXX | XXX |
| Bellevue Gold | XXX | XXX | XXX | XXX | XXX | XXX |
| Granges | XXX | XXX | XXX | XXX | XXX | XXX |
| Duro Dakovic Grupa | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Eramet M&A Activity
Eramet acquired XXX companies to date.
Last acquisition by Eramet was on XXXXXXXX, XXXXX. Eramet acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Eramet
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialEramet Investment Activity
Eramet invested in XXX companies to date.
Eramet made its latest investment on XXXXXXXX, XXXXX. Eramet invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Eramet
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Eramet
| When was Eramet founded? | Eramet was founded in 1963. |
| Where is Eramet headquartered? | Eramet is headquartered in France. |
| How many employees does Eramet have? | As of today, Eramet has over 8K employees. |
| Who is the CEO of Eramet? | Eramet's CEO is Christel Bories. |
| Is Eramet publicly listed? | Yes, Eramet is a public company listed on Euronext Paris. |
| What is the stock symbol of Eramet? | Eramet trades under ERA ticker. |
| When did Eramet go public? | Eramet went public in 1995. |
| Who are competitors of Eramet? | Eramet main competitors are Elvalhalcor, Champion Iron, Bellevue Gold, Granges. |
| What is the current market cap of Eramet? | Eramet's current market cap is $2B. |
| What is the current revenue of Eramet? | Eramet's last 12 months revenue is $4B. |
| What is the current revenue growth of Eramet? | Eramet revenue growth (NTM/LTM) is 14%. |
| What is the current EV/Revenue multiple of Eramet? | Current revenue multiple of Eramet is 1.1x. |
| Is Eramet profitable? | Yes, Eramet is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Eramet? | Eramet's last 12 months EBITDA is $397M. |
| What is Eramet's EBITDA margin? | Eramet's last 12 months EBITDA margin is 11%. |
| What is the current EV/EBITDA multiple of Eramet? | Current EBITDA multiple of Eramet is 10.4x. |
| What is the current FCF of Eramet? | Eramet's last 12 months FCF is ($689M). |
| What is Eramet's FCF margin? | Eramet's last 12 months FCF margin is (19%). |
| What is the current EV/FCF multiple of Eramet? | Current FCF multiple of Eramet is (6.0x). |
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