GrafTech International (EAF) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

GrafTech International

NYSE•Industrials•Electrical Equipment & Parts

$12.18+0.35(0.03%)Pre-market

Market Cap

$309.15M

P/S

0.6x

GrafTech International Ltd. manufactures graphite electrode products worldwide. The company offers graphite electrode products for the production of EAF steel and other ferrous, and non-ferrous metals; and petroleum needle coke products. It serves steel producers, and other ferrous and non-ferrous metal producers through direct sales force, independent sales representatives, and distributors. The company was founded in 1886 and is headquartered in Brooklyn Heights, Ohio.

How this company scores

WeakMetricSide Score: 28/100

Grade capped at D — Negative equity — the balance sheet is insolvent. Strongest: Profitability (10/25); weakest: Balance Sheet & Red Flags (4/25).

Profitability10/25

Growth9/25

Balance Sheet & Red Flags4/25

Cash & Earnings Quality5/25

Strengths

Profit converts from growth

Grade capped at D

Negative equity — the balance sheet is insolvent.
Interest coverage below 1× (-1.0x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 78.8x5y range 2.4x – 78.8x

Currently above its 8-quarter median.

P/S · 0.6x5y range 0.3x – 2.3x

Currently near its 20-quarter median.

P/B · 15.4x5y range 3.4x – 131.9x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 7 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $309.15M

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $509.08M
Q. Revenue: $140.16M
TTM EBITDA: $-14.00M
TTM Op. Income: $-107.10M
Q. Op. Income: $-22.67M
TTM Net Income: $-195.63M
Q. Net Income: $-46.77M
EPS: $-1.76
Shares Out.: $26.51M

$509.08M in TTM revenue declined 2.5% YoY, reaching $140.16M last quarter. TTM EBITDA of $-14.00M and TTM operating income of $-107.10M show growth is flowing through to the bottom line. However, net income is negative at $195.63M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has fallen for 2 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 4.0%
EBITDA Margin: -5.3%
Op. Margin: -16.2%
Net Margin: -33.4%

Op. margin of -16.2% is down 12.6% YoY — costs are rising relative to revenue. Net margin at -33.4% and gross margin of 4.0% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 355% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 0.6x
P/B Ratio: N/A

P/S of 0.6x and P/B of 0.0x. P/S is low relative to typical market levels.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.02B
Cash: $134.31M
Long-Term Debt: $1.20B
Book Value: $-388.17M
D/E Ratio: N/A
Debt/EBITDA: N/A

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-8.45M
TTM Free Cash Flow: $-158.11M
FCF Margin: -31.1%
FCF / Net Income: 0.8

TTM FCF of $-158.11M on $-8.45M in operating cash flow. The FCF / Net Income ratio of 0.8x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 2 consecutive quarters — a weakening trend.