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Graftech International Ltd. (EAF) Stock Fundamental Analysis & AI Rating 2026

EAF NYSE Electrical Industrial Apparatus CIK: 0000931148
Updated This Month • Analysis: Mar 23, 2026 • SEC Data: 2025-12-31
Combined AI Rating
STRONG SELL
94% Confidence
STRONG AGREEMENT
STRONG SELL
92% Conf
STRONG SELL
95% Conf

📊 EAF Key Takeaways

Revenue: $504.1M
Net Margin: -43.6%
Free Cash Flow: $-120.5M
Current Ratio: 3.78x
Debt/Equity: N/A
EPS: $-8.45
AI Rating: STRONG SELL with 92% confidence
Graftech International Ltd. (EAF) receives a STRONG SELL rating with 94% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $504.1M, net profit margin of -43.6%, Graftech International Ltd. demonstrates mixed fundamentals in the Utilities sector. Below is our complete EAF stock analysis for 2026.

Is Graftech International Ltd. (EAF) a Good Investment?

Claude

GrafTech is experiencing severe financial distress with negative profitability across all metrics, substantial operating losses, and negative stockholders' equity indicating technical insolvency. The company is burning cash operationally while carrying $1.1B in long-term debt against only $138.4M in cash, creating an unsustainable liquidity runway.

ChatGPT

GrafTech's fundamentals are severely impaired: revenue declined, gross margin turned negative, and losses expanded to a net margin of -43.6%. The balance sheet is highly stressed with negative equity and debt exceeding total assets, while negative operating cash flow and deeply negative free cash flow indicate weak earnings quality and poor financial flexibility.

Why Buy Graftech International Ltd. Stock? EAF Key Strengths

Claude
  • + Strong current ratio of 3.78x and quick ratio of 2.03x indicating near-term liquidity to meet short-term obligations
  • + Maintains $138.4M in cash reserves despite operational cash burn
  • + Revenue base of $504.1M provides foundation for potential recovery if operations can be restored to profitability
ChatGPT
  • + Liquidity appears adequate in the near term, with a 3.78x current ratio and 2.03x quick ratio
  • + Cash balance of $138.43M provides some short-term cushion
  • + Revenue base remains meaningful at $504.13M, indicating the business still has operating scale

EAF Stock Risks: Graftech International Ltd. Investment Risks

Claude
  • ! Negative stockholders' equity of -$259.6M indicates balance sheet insolvency and equity wiped out by accumulated losses
  • ! Operating cash burn of -$81.6M combined with capex of $38.9M and negative free cash flow of -$120.5M signals deteriorating financial position with limited runway
  • ! Massive debt burden of $1.1B against negative equity and negative operating cash flow creates high refinancing and default risk; interest coverage of -0.7x shows inability to service debt from operations
  • ! Negative gross margin of -3.1% and operating margin of -15.3% indicate fundamental business model dysfunction at production level
  • ! Net loss of -$219.8M represents severe operational breakdown with net margin of -43.6%
ChatGPT
  • ! Profitability is deeply negative, including -3.1% gross margin and -15.3% operating margin
  • ! Balance sheet is distressed, with negative stockholders equity and $1.09B of long-term debt
  • ! Cash generation is weak, with negative operating cash flow and -$120.50M of free cash flow

Key Metrics to Watch

Claude
  • * Path to positive gross margin and operating profitability
  • * Operating cash flow trend and return to positive FCF generation
  • * Debt refinancing or restructuring outcomes given negative equity position
  • * Revenue stabilization and return to YoY growth
  • * Cash runway sustainability given current burn rate relative to $138.4M balance
ChatGPT
  • * Gross margin and operating margin recovery
  • * Operating cash flow and debt reduction/liquidity trend

Graftech International Ltd. (EAF) Financial Metrics & Key Ratios

Revenue
$504.1M
Net Income
$-219.8M
EPS (Diluted)
$-8.45
Free Cash Flow
$-120.5M
Total Assets
$1.0B
Cash Position
$138.4M

💡 AI Analyst Insight

Strong liquidity with a 3.78x current ratio provides a solid financial cushion.

EAF Profit Margin, ROE & Profitability Analysis

Gross Margin -3.1%
Operating Margin -15.3%
Net Margin -43.6%
ROE N/A
ROA -21.4%
FCF Margin -23.9%

EAF vs Utilities Sector: How Graftech International Ltd. Compares

How Graftech International Ltd. compares to Utilities sector averages

Net Margin
EAF -43.6%
vs
Sector Avg 12.0%
EAF Sector
ROE
EAF 0.0%
vs
Sector Avg 10.0%
EAF Sector
Current Ratio
EAF 3.8x
vs
Sector Avg 0.8x
EAF Sector
Debt/Equity
EAF 0.0x
vs
Sector Avg 1.4x
EAF Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Graftech International Ltd. Stock Overvalued? EAF Valuation Analysis 2026

Based on fundamental analysis, Graftech International Ltd. has mixed fundamental signals relative to the Utilities sector in 2026.

Return on Equity
N/A
Sector avg: 10%
Net Profit Margin
-43.6%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 1.4x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Graftech International Ltd. Balance Sheet: EAF Debt, Cash & Liquidity

Current Ratio
3.78x
Quick Ratio
2.03x
Debt/Equity
N/A
Debt/Assets
0.0%
Interest Coverage
-0.74x
Long-term Debt
$1.1B

EAF Revenue & Earnings Growth: 5-Year Financial Trend

EAF 5-year financial data: Year 2021: Revenue $1.8B, Net Income $744.6M, EPS $2.58. Year 2022: Revenue $1.3B, Net Income $434.4M, EPS $1.62. Year 2023: Revenue $1.3B, Net Income $388.3M, EPS $1.46. Year 2024: Revenue $1.3B, Net Income $383.0M, EPS $1.48. Year 2025: Revenue $620.5M, Net Income -$255.3M, EPS $-9.93.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Graftech International Ltd.'s revenue has declined by 65% over the 5-year period, indicating business contraction. The most recent EPS of $-9.93 indicates the company is currently unprofitable.

EAF Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-23.9%
Free cash flow / Revenue

EAF Quarterly Earnings & Performance

Quarterly financial performance data for Graftech International Ltd. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $130.7M -$14.8M $-1.10
Q2 2025 $131.8M -$14.8M $-0.06
Q1 2025 $111.8M -$30.9M $-0.12
Q3 2024 $130.7M -$7.4M $-0.09
Q2 2024 $137.3M -$7.4M $-0.03
Q1 2024 $136.6M -$7.4M $-0.03
Q3 2023 $159.0M -$7.4M $-0.09
Q2 2023 $185.6M -$7.4M $-0.03

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Graftech International Ltd. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$81.6M
Cash generated from operations
Capital Expenditures
$38.9M
Investment in assets
Dividends
None
No dividend program

EAF SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Graftech International Ltd. (CIK: 0000931148)

📋 Recent SEC Filings

Date Form Document Action
Apr 2, 2026 4 xslF345X06/wk-form4_1775144775.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775144769.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775144762.xml View →
Mar 27, 2026 DEF 14A eaf-20260326.htm View →
Mar 16, 2026 4 xslF345X05/wk-form4_1773683433.xml View →

Frequently Asked Questions about EAF

What is the AI rating for EAF?

Graftech International Ltd. (EAF) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 94% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are EAF's key strengths?

Claude: Strong current ratio of 3.78x and quick ratio of 2.03x indicating near-term liquidity to meet short-term obligations. Maintains $138.4M in cash reserves despite operational cash burn. ChatGPT: Liquidity appears adequate in the near term, with a 3.78x current ratio and 2.03x quick ratio. Cash balance of $138.43M provides some short-term cushion.

What are the risks of investing in EAF?

Claude: Negative stockholders' equity of -$259.6M indicates balance sheet insolvency and equity wiped out by accumulated losses. Operating cash burn of -$81.6M combined with capex of $38.9M and negative free cash flow of -$120.5M signals deteriorating financial position with limited runway. ChatGPT: Profitability is deeply negative, including -3.1% gross margin and -15.3% operating margin. Balance sheet is distressed, with negative stockholders equity and $1.09B of long-term debt.

What is EAF's revenue and growth?

Graftech International Ltd. reported revenue of $504.1M.

Does EAF pay dividends?

Graftech International Ltd. does not currently pay dividends.

Where can I find EAF SEC filings?

Official SEC filings for Graftech International Ltd. (CIK: 0000931148) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is EAF's EPS?

Graftech International Ltd. has a diluted EPS of $-8.45.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is EAF a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Graftech International Ltd. has a STRONG SELL rating with 94% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is EAF stock overvalued or undervalued?

Valuation metrics for EAF: ROE of N/A (sector avg: 10%), net margin of -43.6% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy EAF stock in 2026?

Our dual AI analysis gives Graftech International Ltd. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is EAF's free cash flow?

Graftech International Ltd.'s operating cash flow is $-81.6M, with capital expenditures of $38.9M. FCF margin is -23.9%.

How does EAF compare to other Utilities stocks?

Vs Utilities sector averages: Net margin -43.6% (avg: 12%), ROE N/A (avg: 10%), current ratio 3.78 (avg: 0.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 23, 2026 | Data as of: 2025-12-31 | Powered by Claude AI