GrafTech International Ltd. (EAF) Key Metrics
EAF valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $185.3M
- Enterprise value
- $1.35B
- P/E (TTM)
- —
- Forward P/E
- 6.8
- PEG ratio
- —
- Price / sales
- 0.4
- Price / book
- 13.9
- EV / EBITDA
- 6.6
- Dividend yield
- —
- Beta
- 1.86
EAF key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsEAF returns How much profit the business earns on the capital it uses.
EAF financial health Debt, liquidity and how easily interest is covered.
EAF efficiency & capital use Working capital cycle and where the cash goes.
EAF valuation history
EAF returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
EAF debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
EAF cash returned to shareholders
EAF price vs earnings per share
EAF key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $403.3M | — | — | — | — | — | — | — | — | — |
| Enterprise value | $1.36B | — | — | — | — | — | — | — | — | — |
| Price / sales | 0.8 | — | — | — | — | — | — | — | — | — |
| EV / sales | 2.7 | — | — | — | — | — | — | — | — | — |
| Earnings yield | −54.5% | — | — | — | — | — | — | — | — | — |
| Free cash flow yield | −29.9% | — | — | — | — | — | — | — | — | — |
| Dividend yield | 0.0% | — | — | — | — | — | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 0.1% | — | — | — | — | — | — | — | — | — |
| Share price at fiscal year-end | $15.51 | $17.30 | $21.90 | $47.60 | $118.30 | $106.60 | $116.20 | $114.40 | — | — |
| Per share | ||||||||||
| Revenue per share | $19.39 | — | — | — | — | — | — | — | — | — |
| Earnings per share | −$8.45 | — | — | — | — | — | — | — | — | — |
| Operating cash flow per share | −$3.14 | — | — | — | — | — | — | — | — | — |
| Free cash flow per share | −$4.63 | — | — | — | — | — | — | — | — | — |
| Cash per share | $5.32 | — | — | — | — | — | — | — | — | — |
| Book value per share | −$9.98 | — | — | — | — | — | — | — | — | — |
| Tangible book value per share | −$11.02 | — | — | — | — | — | — | — | — | — |
| Dividends per share | $0.00 | — | — | — | — | — | — | — | — | — |
| Capex per share | $1.50 | — | — | — | — | — | — | — | — | — |
| Debt per share | $42.10 | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 26.0M | — | — | — | — | — | — | — | — | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | — | — | −122.7% | 212.1% | — | — | — | — | — | −34.0% |
| Return on invested capital (ROIC) | −8.4% | −7.4% | −4.3% | 37.1% | 45.4% | 50.1% | 82.3% | — | — | −6.5% |
| Return on assets (ROA) | −19.5% | −10.4% | −17.6% | 25.4% | 27.3% | 29.4% | 49.1% | 63.2% | 0.7% | −18.2% |
| Return on tangible assets | −21.9% | −11.0% | −20.5% | 27.7% | 32.9% | 36.5% | 58.6% | 69.0% | 0.9% | −26.8% |
| Free cash flow margin | −23.9% | −13.8% | 3.6% | 19.7% | 28.6% | 43.1% | 41.4% | 40.5% | 0.3% | −1.2% |
| Income quality (OCF / net income) | — | — | — | 0.85 | 1.14 | 1.30 | 1.08 | 0.98 | 4.58 | — |
| Financial health | ||||||||||
| Total debt | $1.09B | $1.09B | $930.8M | $921.9M | $1.03B | $1.42B | $1.81B | $2.16B | $339.4M | $365.4M |
| Cash & short-term investments | $138.4M | $256.2M | $176.9M | $134.6M | $57.5M | $145.4M | $80.9M | $49.9M | $13.4M | $11.6M |
| Net debt | $956.3M | $837.2M | $753.9M | $787.3M | $972.2M | $1.27B | $1.73B | $2.11B | $326.0M | $353.8M |
| Debt / equity | — | — | 11.90 | 2.73 | 44.00 | — | — | — | — | 0.63 |
| Debt / assets | 1.06 | 0.89 | 0.72 | 0.57 | 0.73 | 0.99 | 1.19 | 1.43 | 0.28 | 0.31 |
| Net debt / EBITDA | — | 500.10 | — | 1.44 | 1.65 | 1.91 | 1.68 | 1.91 | 3.24 | — |
| Current ratio | 3.78 | 4.55 | 3.54 | 3.43 | 2.68 | 3.18 | 3.10 | 1.95 | 0.16 | 2.94 |
| Quick ratio | 2.03 | 2.80 | 1.73 | 1.55 | 1.39 | 1.77 | 1.68 | 1.05 | 0.08 | 1.56 |
| Interest coverage | -0.7 | -0.8 | -0.7 | 11.9 | 7.7 | 6.0 | 7.6 | 8.4 | 1.0 | -3.2 |
| Working capital | $356.3M | $496.9M | $484.2M | $577.4M | $393.3M | $431.1M | $462.4M | $310.9M | −$1.82B | $218.5M |
| Invested capital | $696.7M | $758.3M | $832.1M | $1.13B | $995.6M | $945.3M | $1.04B | $1.03B | −$1.08B | $931.2M |
| Tangible asset value | −$286.7M | −$113.3M | $35.9M | $115.1M | −$209.4M | −$572.9M | −$946.0M | −$1.34B | −$1.69B | $283.8M |
| Net current asset value | −$803.9M | −$666.4M | −$535.8M | −$451.2M | −$761.1M | −$1.13B | −$1.53B | −$1.94B | −$2.25B | −$264.0M |
| Graham net-net per share | −$37.79 | — | — | — | — | — | — | — | — | — |
| Capital allocation | ||||||||||
| Dividends paid | $0 | $0 | $5.1M | $10.3M | $10.6M | $30.9M | $98.6M | $1.54B | $1.34B | $1.34B |
| Share buybacks (net) | $230,000 | $118,000 | $129,000 | $60.0M | $50.0M | $30.1M | $260.9M | $225.0M | $0 | $0 |
| Dividend payout ratio | — | — | — | 2.7% | 2.7% | 7.1% | 13.2% | 180.8% | — | — |
| Dividends + buybacks / free cash flow | — | — | 23.4% | 27.9% | 15.8% | 11.6% | 48.5% | 230.3% | — | — |
| Capex / revenue | 7.7% | 6.4% | 8.7% | 5.6% | 4.3% | 2.9% | 3.6% | 3.6% | 6.3% | 6.4% |
| Capex / operating cash flow | — | — | 70.6% | 22.2% | 13.1% | 6.4% | 8.0% | 8.2% | 94.8% | 122.1% |
| Capex / depreciation | 0.63 | 0.55 | 0.95 | 1.30 | 0.89 | 0.57 | 1.04 | 1.03 | 0.52 | 0.34 |
| Stock-based compensation / revenue | 1.0% | 1.1% | 0.7% | 0.2% | 1.2% | 0.2% | 0.1% | 0.1% | −1.0% | 28.3% |
| R&D / revenue | 1.3% | 1.1% | 0.9% | 0.3% | 0.3% | 0.3% | 0.1% | 0.1% | 0.5% | 0.5% |
| SG&A / revenue | 10.9% | 8.6% | 12.6% | 6.0% | 9.9% | 5.5% | 3.6% | 3.3% | 9.0% | 13.2% |
| Efficiency | ||||||||||
| Days sales outstanding | 68.3 | 83.2 | 92.6 | 61.9 | 60.3 | 65.9 | 50.5 | 36.9 | 75.9 | 77.5 |
| Days of inventory on hand | 165.1 | 192.2 | 243.7 | 185.9 | 152.8 | 189.9 | 145.9 | 123.7 | 134.5 | 146.5 |
| Days payables outstanding | 49.1 | 50.8 | 57.3 | 54.6 | 49.6 | 48.0 | 40.1 | 40.6 | 46.0 | 34.4 |
| Cash conversion cycle (days) | 184.3 | 224.6 | 279.1 | 193.2 | 163.5 | 207.7 | 156.3 | 120.0 | 164.4 | 189.6 |
| Receivables turnover | 5.34 | 4.39 | 3.94 | 5.90 | 6.06 | 5.54 | 7.23 | 9.88 | 4.81 | 4.71 |
| Payables turnover | 7.43 | 7.19 | 6.37 | 6.68 | 7.36 | 7.60 | 9.11 | 8.99 | 7.93 | 10.62 |
| Inventory turnover | 2.21 | 1.90 | 1.50 | 1.96 | 2.39 | 1.92 | 2.50 | 2.95 | 2.71 | 2.49 |
| Asset turnover | 0.45 | 0.43 | 0.43 | 0.85 | 0.95 | 0.83 | 1.18 | 1.40 | 0.46 | 0.34 |
| Average receivables | $94.4M | $122.8M | $157.5M | $217.3M | $222.2M | $220.9M | $247.7M | $191.9M | $114.5M | $93.0M |
| Average payables | $69.9M | $78.1M | $93.2M | $110.1M | $94.1M | $74.8M | $83.4M | $78.6M | $58.4M | $43.9M |
| Average inventory | $235.1M | $295.4M | $396.6M | $374.8M | $289.8M | $295.7M | $303.7M | $239.4M | $170.6M | $187.1M |
| Intangibles / total assets | 2.6% | 2.8% | 3.3% | 13.9% | 16.5% | 17.0% | 16.7% | 17.7% | 23.4% | 25.0% |
Computed from EAF's annual financial statements (latest annual report filed February 13, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
EAF valuation and financial ratios
GrafTech International earned a return on invested capital of −8.4% in fiscal 2025. It ended the year with $1.1 billion of debt and $138.4 million in cash and short-term investments, net debt of $956.3 million. It returned $0.2 million to shareholders: $0 in dividends and $0.2 million in share buybacks.
See the EAF income statement, the EAF chart for price history, or the EAF stock overview for the latest quote and news.
EAF key metrics FAQ
What is GrafTech International's ROIC?
GrafTech International's return on invested capital was −8.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does GrafTech International have?
GrafTech International had total debt of $1.1 billion at the end of fiscal 2025.
Does GrafTech International pay a dividend?
GrafTech International did not pay a dividend in fiscal 2025.
Does GrafTech International buy back its shares?
Yes. GrafTech International spent $0.2 million on net share repurchases in fiscal 2025.
What is GrafTech International's free cash flow yield?
GrafTech International generated -$120.5 million of free cash flow in fiscal 2025, a free cash flow yield of −29.9% on its market value at year-end ($403.3 million).
What is GrafTech International's current ratio?
GrafTech International's current ratio was 3.78 at the end of fiscal 2025: current assets were 3.78 times current liabilities.