Befesa S.A. (ETR:BFSA)
Germany · Delayed Price · Currency is EUR | Market Cap | 1.49B +34.9% |
| Revenue (ttm) | 1.19B -2.0% |
| Net Income | 87.82M +1.4% |
| EPS | 2.19 +0.7% |
| Shares Out | 40.00M |
| PE Ratio | 16.94 |
| Forward PE | 12.43 |
| Dividend | 1.00 (2.69%) |
| Ex-Dividend Date | Jun 17, 2026 |
| Volume | 77,132 |
| Open | 37.00 |
| Previous Close | 37.45 |
| Day's Range | 36.60 - 37.50 |
| 52-Week Range | 26.60 - 38.50 |
| Beta | 1.81 |
| Analysts | Buy |
| Price Target | 45.50 (+22.48%) |
| Earnings Date | Oct 29, 2026 |
About Befesa
Befesa S.A. offers environmental recycling services to the steel and aluminum industries in the European, Asian, and North American markets. It operates in two segments, Steel Dust Recycling Services and Aluminium Salt Slags Recycling Services. The Steel Dust Recycling Services segment collects and recycles crude steel dust; sells waelz oxide to zinc smelters; and treats crude steel dust; produces stainless steel by electric arc furnace or other metallurgical processes; and galvanization residues, as well as offers refining, logistics, administ... [Read more]
Financial Performance
In 2025, Befesa's revenue was 1.18 billion, a decrease of -4.55% compared to the previous year's 1.24 billion. Earnings were 80.50 million, an increase of 58.41%.
Financial StatementsAnalyst Summary
According to 10 analysts, the average rating for BFSA stock is "Buy." The 12-month stock price target is €45.50, which is an increase of 22.48% from the latest price.
News
Befesa price target raised to EUR 53 from EUR 44 at Jefferies
Jefferies raised the firm’s price target on Befesa (BFSAF) to EUR 53 from EUR 44 and keeps a Buy rating on the shares. The firm is raising estimates to reflect…
What Befesa (BFSA) Said on Its Q3 Earnings Call
Befesa ETR: BFSA reported higher earnings for the first nine months of 2026 and raised the lower end of its operating adjusted EBITDA guidance, while also outlining an expected benefit from a U.S. Inf...
Befesa Earnings Call Transcript: Q3 2026
Nine-month adjusted EBITDA rose 10% to €192 million, with leverage improving to 2.16x. FY 2026 adjusted EBITDA guidance is €286 million–€296 million including the Section 45X credit, while operational guidance excludes it at €260 million–€270 million.
Befesa Earnings release: Q3 2026
Befesa released its Q3 2026 earnings on October 29, 2026, summarizing the period's financial results.
Befesa Quarterly report: Q3 2026
Befesa has published its Q3 2026 quarterly earnings report on October 29, 2026.
Befesa Slides: Q3 2026
Befesa has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on October 29, 2026.
Befesa Lifts FY26 Adj. EBITDA Guidance to €286–296M on US Grant
Stronger earnings and a €26 million US grant brighten Befesa’s 2026 outlook, as aluminium gains, rising cash flow and lower leverage bolster its financial position.
Befesa Raises 2026 EBITDA Outlook to €286–296M on €26M U.S. Grant
A U.S. zinc production tax credit is boosting Befesa’s 2026 earnings outlook—but the benefit remains subject to IRS review, with no related cash inflow expected this year.
EQS-Adhoc: Befesa S.A.: Befesa raises FY 2026 adjusted EBITDA guidance to €286–296 million due to expected contribution from Critical Materials US grant of approx. €26 million
EQS-Ad-hoc: Befesa S.A. / Key word(s): Forecast / Full year Befesa S.A.: Befesa raises FY 2026 adjusted EBITDA guidance to €286–296 million due to expected contribution from Critical Materials US gran...
Befesa price target raised to EUR 40 from EUR 37 at Morgan Stanley
Morgan Stanley analyst Adahna Ekoku raised the firm’s price target on Befesa (BFSAF) to EUR 40 from EUR 37 and keeps an Overweight rating on the shares. Published first on…
Befesa price target raised to EUR 45 from EUR 43 at Jefferies
Jefferies raised the firm’s price target on Befesa (BFSAF) to EUR 45 from EUR 43 and keeps a Buy rating on the shares. The firm raised its EPS forecast by…
Befesa price target raised to EUR 39 from EUR 35 at Deutsche Bank
Deutsche Bank raised the firm’s price target on Befesa (BFSAF) to EUR 39 from EUR 35 and keeps a Hold rating on the shares.
Befesa Q2 Earnings Call Highlights
Befesa ETR: BFSA reported first-half 2026 adjusted EBITDA of €124 million, up 11% from a year earlier, as higher steel-dust recycling volumes and favorable zinc prices helped offset continued pressure...
Befesa Earnings Call Transcript: Q2 2026
Strong H1 2026 results with 11% EBITDA growth, improved margins, and reduced leverage. Guidance for full-year EBITDA of EUR 250–270 million is reaffirmed, with further deleveraging and disciplined CapEx planned. U.S. and European EAF expansions support long-term growth.
Befesa Quarterly report: Q2 2026
Befesa has published its Q2 2026 quarterly earnings report on July 29, 2026.
Befesa Slides: Q2 2026
Befesa has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 29, 2026.
Befesa Earnings release: Q2 2026
Befesa released its Q2 2026 earnings on July 29, 2026, summarizing the period's financial results.
Befesa price target raised to EUR 36 from EUR 34 at Citi
Citi raised the firm’s price target on Befesa (BFSAF) to EUR 36 from EUR 34 and keeps a Neutral rating on the shares.
Befesa price target lowered to EUR 35 from EUR 37 at Deutsche Bank
Deutsche Bank analyst Lars Vom-Cleff lowered the firm’s price target on Befesa (BFSAF) to EUR 35 from EUR 37 and keeps a Hold rating on the shares. Published first on…
Befesa price target raised to EUR 37 from EUR 36 at Deutsche Bank
Deutsche Bank raised the firm’s price target on Befesa (BFSAF) to EUR 37 from EUR 36 and keeps a Hold rating on the shares.
Befesa Earnings Call Transcript: Q1 2026
Adjusted EBITDA grew 4% to EUR 58 million in Q1 2026, with net income and EPS up 11% year-over-year. Guidance for 2026 targets EUR 250–270 million EBITDA, supported by U.S. steel dust volume growth, Bernburg expansion, and stable zinc hedging.
Befesa Slides: Q1 2026
Befesa has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 30, 2026.
Befesa Quarterly report: Q1 2026
Befesa has published its Q1 2026 quarterly earnings report on April 30, 2026.
Befesa price target raised to EUR 34 from EUR 33 at Citi
Citi raised the firm’s price target on Befesa (BFSAF) to EUR 34 from EUR 33 and keeps a Neutral rating on the shares.
Befesa price target raised to EUR 37 from EUR 36 at Morgan Stanley
Morgan Stanley analyst Adahna Ekoku raised the firm’s price target on Befesa (BFSAF) to EUR 37 from EUR 36 and keeps an Overweight rating on the shares. Published first on…