Is Ternium S.A. (TX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 31.8% / 30% | 50.1% / 30% | 31.1% / 30% | 1.69% / 5% | ✗ NOT HALAL |
| DJIM | 31.8% / 33% | 50.1% / 33% | 31.1% / 33% | 1.69% / 5% | ✗ NOT HALAL |
| MSCI | 10.6% / 33% | 16.6% / 33% | 10.3% / 33% | 1.69% / 5% | ✓ HALAL |
| S&P | 31.8% / 33% | 50.1% / 33% | 31.1% / 33% | 1.69% / 5% | ✗ NOT HALAL |
| FTSE | 10.6% / 33% | 16.6% / 33% | 10.3% / 50% | 1.69% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 15.0% | |
| Operating Margin | 4.7% | |
| Net Margin | 2.7% | |
| Return on Equity (ROE) | 1.9% | |
| Return on Assets (ROA) | 1.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.9B |
| Free Cash Flow | $41M |
| Total Debt | $2.4B |
| Debt-to-Equity | 16.1 |
| Current Ratio | 2.5 |
| Total Assets | $23.1B |
Price & Trading
| Last Close | $38.63 |
| 50-Day MA | $41.71 |
| 200-Day MA | $36.43 |
| Avg Volume | 218K |
| Beta | 1.2 |
|
52-Week Range
$24.00
| |
About Ternium S.A. (TX)
Ternium S.A., together with its subsidiaries, manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally. It operates through two segments, Steel and Mining. The Steel segment offers slabs, heavy plates, hot and cold rolled products, coated products, stamped steel parts for the automotive industry, roll-formed and tubular products, billets, bars, and other products, including sales of energy. Its Mining segment sells iron ore and pellets. It also provides medical and social; scrap; renewable energy; and engineering and other services, as well as operates as a distribution company. In addition, the company engages in the exploration, exploitation, and pelletizing of iron ore. Ternium S.A. was founded in 1961 and is based in Luxembourg, Luxembourg. Ternium S.A. is a subsidiary of Techint Holdings S.à r.l.
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Frequently Asked Questions
Is Ternium S.A. (TX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Ternium S.A. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Ternium S.A.'s debt ratio?
Ternium S.A.'s debt ratio is 31.8% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 10.6%.
What are Ternium S.A.'s key financial metrics?
Ternium S.A. has a market capitalization of $7.6B, trailing P/E ratio of 17.6, and revenue of $17.6B. The company maintains a gross margin of 15.0% and a net margin of 2.7%. Return on equity stands at 1.9%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.