Iran Aluminium trades at a P/E near 6, under half its group: spring profit rose 7.7x, but monthly sales in Tir and Mordad ran 39% below the spring pace (Sunday, September 27, 2026)

Iran Aluminium (ALIR, Fayra) reported net profit of 74,844 billion rials for the three months to June 21, 2026, 7.7 times the same quarter a year earlier, lifting twelve-month profit to 150 trillion rials. Yet its board P/E at the September 27 close is 6.2, against 13.5 for the basic metals group. Sahmino's calculation shows about half of the five-month sales jump came from the rial conversion rate, and monthly sales in Tir and Mordad ran 39% below the spring average.