Company Analysis

Ferroglobe PLC (GSM)

Nasdaq: GSM · Metal Mining · London · filing with the SEC since 2015
Grade4.1
◀ Past 3.9● Present 5.2▶ Future 3.0
1 est.

The grade of Ferroglobe PLC

Nine metrics read from its own filings, by tense
Headline grade
4.1/10
◀ Past3.940% of the headline
● Present5.235% of the headline
▶ Future3.025% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

3.9/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed
2.4/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2024-04-30.

weight 45% of this tense · 24th percentile among 44 sector filers · read for itself

From the record

Ferroglobe PLC's filings since 2017 show 1 warning event: a late-report notice (Form NT 10-K or NT 10-Q, the latest 2024-04-30) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.5/10

What has it actually done, year after year?

-1.8% a year over 10 filed years; profitable in 4 of 10.

weight 33% of this tense · 35th percentile among 22 sector filers · read for its customers

From the record

Ferroglobe PLC's 10 filed years say what it did: revenue went from $1.6 billion in fiscal 2016 to $1.3 billion in fiscal 2025, down 1.8% a year; it rose in 4 of 9 years; the deepest fall was 49% from fiscal 2018 to fiscal 2020; net income was positive in 4 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-1.8%bottom 23% of its family
  • the share of years revenue rosebottom 26% of its family
  • the share of filed years with a profitbottom 43% of its family
  • the deepest fall from a revenue peak49.0%bottom 48% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
7.5/10

How has it treated the people who own it?

Share count shrank 0.2% a year. 6% of cash flow returned. Insiders: 1 sales, 7 purchases.

weight 22% of this tense · 75th percentile among 12 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Ferroglobe PLC's diluted share count shrank about 0.2% a year, and dividends and buybacks returned about 6% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 1 sale and 7 purchases of their own stock on the open market in the year to 2026-11-12, buying about $463 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearstop 7% of its family
  • cash returned against operating cash flowtop 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.2/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
5.7/10

Is it financially healthy right now?

ROE -26%: lost 26¢ per shareholder dollar. Leverage 51%: owes 51¢ per asset dollar.

weight 45% of this tense · 57th percentile among 35 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Ferroglobe PLC lost about 26 cents for every dollar of shareholders' money. Leverage: it owed about 51 cents per dollar of assets, and net share issuance: its share count shrank 0.2% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 33% of its family
  • return on equitybottom 39% of its family
  • the share count against the year beforetop 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.8/10

How strong is its position in its industry?

bottom 48% of 24 in its family; net margin -13.3%.

weight 33% of this tense · 48th percentile among 24 sector filers · read for its customers

From the record

Ferroglobe PLC's standing among 24 graded names in its industry family: revenue of $1.3 billion in fiscal 2025 ranks in the top 37% by size; a net margin of -13.3% ranks in the top 48%; revenue growth of -19.9% a year over the last 3 filed years ranks in the bottom 28% (its annual reports).

What it rests on

  • revenue against the family$1.34Btop 37% of its family
  • net margin-13.3%top 48% of its family
  • three-year revenue growth-19.9%bottom 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.0/10

What are the people in charge doing?

SI estimate 5.0/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 19 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 19 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 19 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Ferroglobe PLC's leadership is put at 5.0 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 19 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

3.0/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.9/10

How much room does it have to grow?

bottom 39% of 20 in its family for room to expand.

weight 22% of this tense · 39th percentile among 20 sector filers · read for itself

From the record

Ferroglobe PLC's room to grow, from the newest filed statements (fiscal 2025): cash of $123 million against debt of $140 million leaves -1.2% of its assets as net cash, bottom 29% of its family; cash from operations less capital spending is -0.8% of revenue (top 50%) (its annual report).

What it rests on

  • cash less debt against assets-1.2%bottom 29% of its family
  • cash from operations less capital spending against revenue-0.8%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.3/10

What could actually drive growth from here?

bottom 33% of 21 in its family for growth drivers.

weight 33% of this tense · 33rd percentile among 21 sector filers · read for its customers

From the record

Ferroglobe PLC's growth drivers, from the filed years to fiscal 2025: revenue grew -19.9% a year over the last three filed years against -1.8% over all 10, slowing (bottom 28% of its family); the newest year grew -18.8% (bottom 18%); capital spending grew 5.8% a year (top 47%) (its annual reports). Ferroglobe PLC tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-18.1 points a yearbottom 28% of its family
  • the newest year's revenue growth-18.8%bottom 18% of its family
  • three-year growth of capital spending5.8%top 47% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
2.4/10

Did its newest year beat what its own record pointed to?

bottom 24% of 18 in its family for expectations against reality.

weight 45% of this tense · 24th percentile among 18 sector filers · read for its shareholders

From the record

Ferroglobe PLC's newest year against its own record: revenue of $1.3 billion in fiscal 2025 came in 2.1% above the $1.3 billion its prior three years' pace pointed to (bottom 34% of its family); net income of $177 million against a prior three-year average of $188 million (bottom 14%); a net margin of -13.3% against 8.1% before (bottom 25%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace2.1%bottom 34% of its family
  • net income against the prior three years' average-194%bottom 14% of its family
  • net margin against its prior average-21.4 pointsbottom 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton GSM · research, not advice