Voestalpine AG (VOE.VI) stock analysis

In our weekly check, Voestalpine AG is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 11 pass, warnings: 9, red flags: 5.

About Voestalpine AG

Voestalpine AG is a Basic Materials company (Steel), listed on VIE as VOE.VI.

What our checks show for VOE.VI

Red flags

• The net margin fell by 5.3 points over 5 years, to 3.4%: the company keeps less of each sale as profit.
• Revenue fell 6% a year over the last 3 years.
• The net margin is only 3.4%: little room if costs rise.
• The stock has fallen as much as 86% from a peak. Would you have held through that?
• Beta 1.81: the stock usually moves more than the market, both up and down.

Warning signs

• The gross margin fell by 2.1 points, to 20.5%: costs are rising faster than prices.
• Analysts expect only about 4% a year of growth in revenue.
• Earnings per share fell 20.4% a year over the last 3 years.
• Net profit fell 21.3% a year over the last 3 years.
• Free cash flow is only 2.9% of revenue.
• The price swings a lot: 38% annual volatility. Expect large ups and downs.
• The stock is still below its previous peak.
• Thinly traded (about 204 thousand shares a day): buying and selling can move the price.
• Return on capital (ROCE) is only 7.8%.

Strengths

• Net debt is only 0.8x a year of EBITDA: the balance sheet has room.
• Operating cash flow is 2.78x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 22.9% a year over the next years.
• Analysts expect the net margin to improve by 2 points from today's 3.4%.
• The dividend takes 20% of profit: there is a cushion.
• The price is 13.6 times earnings (P/E), reasonable for its growth.

Next earnings report: 2026-11-11

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Questions

What grade does Voestalpine AG (VOE.VI) have?

In our weekly check, Voestalpine AG is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 11 pass, warnings: 9, red flags: 5. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of VOE.VI stock?

This week's biggest flags for Voestalpine AG: Margins falling, Weak revenue growth, Thin margins. In total 14 of 25 checks show a warning or a red flag.

What does Voestalpine AG do?

Voestalpine AG is a Basic Materials company (Steel), listed on VIE as VOE.VI.

When does Voestalpine AG report earnings next?

The next earnings report is expected on 2026-11-11. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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