EAF

GrafTech International Ltd.

47
Fundamentals25/ 100
Valuation50/ 100
Upside potential69/ 100
Risk potential54/ 100

EAF lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to shrink, though they disagree widely on how much.

EAF Fundamentals

MetricStatus
Stable
Weak
Weak
Weak

EAF's revenue is currently stable, but its profitability, cash flow and balance sheet are weak.

EAF PE Valuation

EAF has no meaningful PE right now: it lost money over the past year.

EAF Forward outlook

MetricOutlook
--
Losses shrinking
Growth
Strongly improving
Limited
Low

Analysts expect EAF's losses to shrink, with revenue growing. However, they disagree widely on these estimates.

EAF Risk to reward

ScenarioChangePrice
Upside+117%$24.09
Downside-54%$5.11

Calculated from the latest close: $11.08 on Nov 12.

EAF's one-year upside scenario is about twice its downside: +117% against −54%.

EAF Earnings Per Share

Q4 2023: $-9.90Q1 2024: $-10.80Q2 2024: $-11.10Q3 2024: $-11.60Q4 2024: $-5.10Q1 2025: $-5.40Q2 2025: $-8.20Q3 2025: $-7.90Q4 2025: $-8.45Q1 2026: $-8.61Q2 2026: $-6.75Q3 2026: $-7.41
Q4 2023: $-9.90Q1 2024: $-10.80Q2 2024: $-11.10Q3 2024: $-11.60Q4 2024: $-5.10Q1 2025: $-5.40Q2 2025: $-8.20Q3 2025: $-7.90Q4 2025: $-8.45Q1 2026: $-8.61Q2 2026: $-6.75Q3 2026: $-7.41
QuarterTTM EPSYoY
Q3 2026-$7.41+$0.49
Q2 2026-$6.75+$1.45
Q1 2026-$8.61-$3.21
Q4 2025-$8.45-$3.35
Q3 2025-$7.90+$3.70
Q2 2025-$8.20+$2.90
Q1 2025-$5.40+$5.40
Q4 2024-$5.10+$4.80

EAF is still losing money, but less than at its worst: $7.41 per share over the past year, against $11.60 at its worst in late 2024.

EAF Quarterly Revenue

Q4 2023: $137MQ1 2024: $137MQ2 2024: $137MQ3 2024: $131MQ4 2024: $134MQ1 2025: $112MQ2 2025: $132MQ3 2025: $144MQ4 2025: $116MQ1 2026: $125MQ2 2026: $127MQ3 2026: $140M
Q4 2023: $137MQ1 2024: $137MQ2 2024: $137MQ3 2024: $131MQ4 2024: $134MQ1 2025: $112MQ2 2025: $132MQ3 2025: $144MQ4 2025: $116MQ1 2026: $125MQ2 2026: $127MQ3 2026: $140M
QuarterRevenueYoY
Q3 2026$140.2M-2.7%
Q2 2026$127.4M-3.4%
Q1 2026$125.1M+12%
Q4 2025$116.5M-13%
Q3 2025$144M+10%
Q2 2025$131.8M-4%
Q1 2025$111.8M-18%
Q4 2024$134.2M-2.1%

EAF's revenue fell from its 2019 peak and has held roughly level since: $140M last quarter, down 2.7% from the same quarter a year ago.

EAF Free Cash Flow

Q4 2023: $4MQ1 2024: −$11MQ2 2024: −$44MQ3 2024: $20MQ4 2024: −$39MQ1 2025: −$42MQ2 2025: −$57MQ3 2025: $18MQ4 2025: −$39MQ1 2026: −$27MQ2 2026: −$75MQ3 2026: −$16M
Q4 2023: $4MQ1 2024: −$11MQ2 2024: −$44MQ3 2024: $20MQ4 2024: −$39MQ1 2025: −$42MQ2 2025: −$57MQ3 2025: $18MQ4 2025: −$39MQ1 2026: −$27MQ2 2026: −$75MQ3 2026: −$16M
QuarterFree cash flowYoY
Q3 2026-$16.3M-189%
Q2 2026-$75.5M-$18.3M
Q1 2026-$27.1M+$15.4M
Q4 2025-$39.3M-$56K
Q3 2025$18.4M-6.6%
Q2 2025-$57.1M-$13.3M
Q1 2025-$42.5M-$31.4M
Q4 2024-$39.2M-1208%

EAF has burned cash in seven of the last eight quarters: −$158M over the past year, against −$120M the year before.

EAF Total Shares

Q4 2023: 26MQ1 2024: 26MQ2 2024: 26MQ3 2024: 26MQ4 2024: 26MQ1 2025: 26MQ2 2025: 26MQ3 2025: 26MQ4 2025: 26MQ1 2026: 26MQ2 2026: 26MQ3 2026: 27M
Q4 2023: 26MQ1 2024: 26MQ2 2024: 26MQ3 2024: 26MQ4 2024: 26MQ1 2025: 26MQ2 2025: 26MQ3 2025: 26MQ4 2025: 26MQ1 2026: 26MQ2 2026: 26MQ3 2026: 27M
PeriodChange %Net change
Quarterly+1%+259K shares
1 year+2.2%+581K shares
3 years+3.1%+805K shares
5 years-0.8%-204K shares
Available history-8.3%-2.4M shares

EAF has 27M diluted shares, up 2.2% from a year ago.

EAF Net Leverage

QuarterNet LeverageStatus
Q3 20236.6xHigh
Q2 20233.3xElevated
Q1 20232.1xModerate
Q4 20221.5xHealthy
Q3 20221.3xHealthy
Q2 20221.3xHealthy
Q1 20221.5xHealthy
Q4 20211.7xHealthy

EAF's net debt is about 6.6 years of its operating earnings (EBITDA), up from 1.3 years a year ago.

EAF Weekly Momentum

MetricValueStatus
RSI56.4Neutral
Stochastic75.0Neutral

EAF's weekly RSI is 56 (neutral) and its Stochastic is 75 (neutral).

EAF PE vs Industrials Sector

MetricEAFSector medianRelative
PEN/A24x—

EAF has no meaningful PE right now: it lost money over the past year.

EAF Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$9.7314% above
20 week MA$8.0737% above
50 week MA$9.4417% above
100 week MA$10.82.5% above
200 week MA$19.443% below

EAF has bounced recently, but its long-term trend is still down: it's above its 8-, 20-, 50- and 100-week averages, but 43% below its 200-week average.

EAF Yearly ROI

YearStart priceEnd priceROI
2020$116.7$91.0-22%
2021$91.0$116.5+28%
2022$116.5$47.1-60%
2023$47.1$21.9-54%
2024$21.9$16.7-24%
2025$16.7$16.3-2.7%
2026 YTD$16.3$11.1-32%

EAF has finished four years in a row lower, and it's down 32% so far in 2026.

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