Ternium (NYSE:TX), a steel producer in the Americas, suffered a large drop in the stock in the second half of 2024 that at one point came close to slicing its market cap by a third. This happened ...
The formula for this calculation on Ternium is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.09 = US$1.8b ÷ (US$24b - US$4.0b ...
Clearly, options traders are pricing in a big move for Ternium share, but what is the fundamental picture for the company? Currently, Ternium is a Zacks Rank #5 (Strong Sell) in the Steel ...