Earnings PotentialConstellium is equipped with several drivers that could enhance earnings, such as the Neuf-Brisach recycling facility, cost savings from the Vision 25 program, and improvements at Muscle Shoals.
Financial PerformanceConstellium's earnings and free cash flow profile, along with its balance sheet, have seen improvements in recent years, yet it trades below historical average multiples, suggesting potential undervaluation.
ValuationDespite recent sell-off, Constellium is trading below historical average forward multiples, indicating a potential undervaluation with attainable long-term EBITDA targets.