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Empire Resources (ERS)
It was a good year for aluminum distributor Empire Resources. Despite rising energy costs and an unnerving cyclical market, the demand for aluminum was strong across several industries from transportation to housing to appliances. Headquartered in Fort Lee, N.J., the company saw its net income jump 98% on higher pricing and bigger orders from places like Canada, Europe, and Australia. That breaks down to an average 50.3% average annual profit growth over the last three years, which Empire Resources achieved by streamlining its shipping operations and moving metal on a "just in time" basis.
Company Info |
|
| 2005 Rank | NR |
| Market Value* ($ Millions) | 444.5 |
| Sales* ($ Millions) | 378.0 |
| Sales Growth (3-yr. avg. annual) |
29.5 % |
| Profits* ($ Millions) | 9.7 |
| Profit Growth (3-yr. avg. annual) | 56.6 % |
| Return on Inv. Capital (3-yr.) | 27.7 % |
| Share Price 12-Mo. Hi/Lo | 50/4 |
| Share Price As of 4/28/06 | 46 |
| Return on Equity | 40.2 % |
| P/E Ratio | 47 |
| No. of Employees | 50 |
| Industry | Aluminum |
| CURRENT MARKET INFO | ERS > |
| COMPANY WEB SITE > | |
| Location | Fort Lee, N.J. |
| Phone | 201 944-2200 |
*Trailing 12 months
Stock price data as of 4/28/06
DATA: Standard & Poor's Compustat
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Company Snapshot
Empire Resources engages in the purchase, sale, and distribution of aluminum semifinished products in the U.S., Canada, Europe, Australia, and New Zealand. The company's semifinished products include aluminum sheet, plate and foil, rod, bar and wire, extruded and cast products. It serves various industries, including transportation, automobile, housing, appliances, and packaging. The company sells its products through its own sales personnel and independent sales agents. Empire Resources has its headquarters in Fort Lee, N.J.
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