28.05.2025

Aurubis Shares: A Solid, but Moderate 10-Year Balance for Investors

Development of Aurubis Shares Over 10 Years

Price Development and Investment Result

  • Price 10 Years Ago: Around ten years ago, the price of Aurubis shares was approximately €56.73 to €57.29.
  • Current Price (May 2025): The current price is about €77.85 to €77.90.
  • Example Calculation:
    • Investment of €10,000 Ten Years Ago: With a price of about €57 at that time, around 174–176 shares would have been acquired.
    • Value Today: At a current price of about €78, the portfolio value amounts to approximately €13,600 to €13,700.
    • Return without Dividends: This corresponds to a value increase of about +36% to +37% (excluding dividends or stock splits).

Dividend Yield

  • Last Dividend per Share: About €1.50 per share.
  • Current Dividend Yield: Just under two percent (about 1.96%).
  • Total Return with Dividend: The total return slightly increases with dividends but remains mainly based on price growth.

Market Context and Valuation

Valuation Figures

Metric Value
P/E Ratio (Price-Earnings Ratio) ~7
P/B Ratio (Price-Book Ratio) ~0.65
P/S Ratio (Price-Sales Ratio) ~0.17
Return on Equity ~9%

These figures indicate a solid valuation compared to other companies in the mining/metallurgy sector.

Market Capitalization

The market capitalization currently stands at around three billion euros.

Conclusion for Private Investors

An investment in Aurubis shares ten years ago would have resulted in a moderate value increase – with a return excluding dividends in the range of just over a third of the invested capital (+35–37%). Including regular dividend payments would have resulted in a slightly higher total return.

  • Long-Term Stability: The stock shows a solid development despite fluctuations in the raw materials market.
  • Moderate Returns: Compared to other MDAX stocks or broader indices like the DAX or MSCI World, the returns are average to slightly below average.
  • Risk Profile: As a cyclical stock, Aurubis strongly benefits from copper prices and global industrial processes; therefore, the risk is typically elevated for the sector.

Overall, a long-term investment in Aurubis does not offer extraordinary gains – but a stable development with a moderate payout ratio and solid fundamentals.