Constellium SE

AI-generated fair value estimate for this company.

Method: 10-year unlevered FCF DCF: $280M normalized FCF base (below FY2026 guided run-rate of >$300M on ~$980M-$1.02B EBITDA, normalized for tariff- and metal-price-lag-driven earnings boost); 5% annual FCF growth for years 1-5; 3% for years 6-10; 10% discount rate; 2.5% terminal growth; $1.76B net debt; 135.5M shares outstanding.

Reasoning: Constellium is a leveraged, cyclical specialty-aluminum producer (net debt/EBITDA ~1.8x) whose 2026 results are flattered by import tariffs and metal-price pass-through; a higher discount rate and conservative post-normalization growth reflect aerospace-recovery upside offset by soft European auto demand and the uncertain durability of tariff-driven premiums.