Ternium Hit Hard By Trade-Driven Market Issues, But Not Out Of The Game

Ternium is dealing with a cyclical downturn driven by trade issues in Mexico and Brazil, yet remains a highly efficient operator with long-term growth potential. The ongoing trade dispute between the U.S. and Mexico has meaningfully impacted domestic manufacturing and infrastructure activity, driving a 10% decline in steel demand. I see TX as undervalued below $50, with DCF suggesting fair value in the high-$50s and a multiples-based approach supporting a $50 target.

Seeking Alpha • Dec 5, 2025

Ternium to Acquire Nippon Groups' Remainder Participation in Usiminas' Control Group

LUXEMBOURG, LU / ACCESS Newswire / November 5, 2025 / Ternium S.A. (NYSE:TX) announced today that its subsidiary Ternium Investments S.

Accesswire • Nov 5, 2025

Ternium S.A. (TX) Q3 2025 Earnings Call Transcript

Ternium S.A. ( TX ) Q3 2025 Earnings Call October 29, 2025 8:30 AM EDT Company Participants Sebastián Martí - Investor Relations Director Maximo Vedoya - Chief Executive Officer Pablo Brizzio - Chief Financial Officer Conference Call Participants Carlos de Alba - Morgan Stanley, Research Division Alfonso Salazar - Scotiabank Global Banking and Markets, Research Division Alexander Hacking - Citigroup Inc. Exchange Research Rafael Barcellos - Banco Bradesco BBI S.A.

Seeking Alpha • Oct 29, 2025

Ternium Announces Third Quarter and First Nine Months of 2025 Results

LUXEMBOURG, LU / ACCESS Newswire / October 28, 2025 / Ternium S.A. (NYSE:TX) today announced its results for the third quarter and first nine months ended September 30, 2025.

Accesswire • Oct 28, 2025

Ternium (TX) Reports Q3 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for Ternium (TX) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Zacks Investment Research • Oct 29, 2025

Ternium: One Of The Best Steel Options Even With Tariffs

Ternium remains an excellent BUY despite recent US steel import tariffs, thanks to its strong industry position and limited US exposure. TX's 2Q 2025 results demonstrate resilience and clarify its operating environment compared to previous periods, supporting the updated investment thesis. Valuation using multiple metrics shows significant upside potential for TX, even when factoring in discounts for emerging market risks and tariffs.

Seeking Alpha • Oct 5, 2025

Ternium: Market Begins To Recognize Value, But Full Repricing Remains

Ternium's stock has outperformed the S&P 500 recently, yet still trades at historically low valuation multiples, supporting my continued buy recommendation. Despite a challenging steel market, Ternium demonstrated operational efficiency, strong cash flow, and record CapEx, reinforcing its long-term growth and modernization strategy. The company maintains financial strength, a high dividend yield over 8%, and a conservative balance sheet, making it attractive for value-focused investors.

Seeking Alpha • Aug 1, 2025

Ternium S.A. (TX) Q2 2025 Earnings Call Transcript

Ternium S.A. (NYSE:TX ) Q2 2025 Earnings Conference Call July 30, 2025 8:30 AM ET Company Participants Maximo Vedoya - Chief Executive Officer Pablo Daniel Brizzio - Chief Financial Officer Sebastián Martí - Investor Relations Director Conference Call Participants Caio Greiner - UBS Investment Bank, Research Division Carlos De Alba - Morgan Stanley, Research Division Rafael Barcellos - Banco Bradesco BBI S.A.

Seeking Alpha • Jul 30, 2025

Ternium Announces Second Quarter and First Half of 2025 Results

LUXEMBOURG, LU / ACCESS Newswire / July 29, 2025 / Ternium S.A. (NYSE:TX) today announced its results for the second quarter and first half ended June 30, 2025.

Accesswire • Jul 29, 2025

Ternium: Can Regional Barriers Keep Margins Safe?

Ternium thrives as a regional steel spread player, balancing iron ore costs against HRC prices and exposure to nearshoring and potential market protection in Mexico and Brazil. The stock's valuation reflects expectations for margin normalization; upside exists if steel spreads recover, but downside risk remains if spreads stay compressed. Key risks include exposure to open markets vulnerable to Chinese dumping, legal liabilities in Brazil, and currently negative free cash flow yield due to cyclical headwinds.

Seeking Alpha • Jul 27, 2025