Salzgitter AG

Informe acción XTRA:SZG

Capitalización de mercado: €2.8b

Salzgitter Resultados de beneficios anteriores

Pasado controles de criterios 3/6

Los beneficios de Salzgitter han disminuido a una tasa media anual de -44.3%, mientras que en la industria Metals and Mining los beneficios disminuyeron en un 2.3% anualmente. Los ingresos han ido disminuyendo a una tasa media de 0.5% al año. La rentabilidad financiera de Salzgitter es de 1%, y sus márgenes netos son de 0.5%.

Información clave

-44.29%

Tasa de crecimiento de los beneficios

-44.31%

Tasa de crecimiento del BPA

Crecimiento de la industria Metals and Mining 29.18%
Tasa de crecimiento de los ingresos-0.50%
Rentabilidad financiera1.02%
Margen neto0.47%
Próxima actualización de resultados11 Aug 2026

Actualizaciones de resultados anteriores recientes

Recent updates

Actualización de narrativa Jul 27

SZG: EU Import Cuts And Higher Steel Prices Will Drive Future Repricing

Analysts have raised their fair value estimate for Salzgitter from €60.80 to €67.00, citing updated views that tighter EU steel import quotas, higher regional steel prices, and anticipated German infrastructure spending could support slightly stronger revenue growth, profit margins, and earnings power than previously modeled. Analyst Commentary Recent research on Salzgitter points to a more constructive tone from several firms, with higher price targets and upgraded ratings reflecting changing views on EU steel markets, trade policy, and the company’s earnings power.
Actualización de narrativa Jul 13

SZG: Import Tariffs And EU Steel Pricing Will Support Future Re Rating

The analyst fair value estimate for Salzgitter has been raised from €60.00 to €79.00, reflecting higher Street price targets in the €60 to €70 range and expectations that import tariffs and stronger European steel pricing could support improved revenue growth, margins, and a slightly higher future P/E multiple. Analyst Commentary Recent research on Salzgitter points to a more constructive stance from several large institutions, with higher fair value ranges anchored in expectations around import tariffs, European steel pricing and the company’s ability to execute against its guidance.
Actualización de narrativa Jun 29

SZG: Elevated Steel Pricing Reliance May Pressure Future Share Returns

Salzgitter's updated analyst price target has been lifted to €36.59 from €33.06, with analysts pointing to higher projected fair value supported by recent target increases from several banks and expectations tied to firmer European HRC and plate pricing. Analyst Commentary Recent Street research on Salzgitter highlights a split in sentiment, with some firms becoming more constructive while others remain cautious about execution risks, earnings visibility and how current pricing trends in European HRC and plate feed through to long term valuation.
Actualización de narrativa Jun 15

SZG: Hydrogen Progress And Mixed Ratings Will Shape Future Earnings Repricing

Analysts have lifted the Salzgitter fair value estimate to €60.80 from €50.43, reflecting higher Street price targets in the €60 to €70.80 range and their view that recent strength in European HRC and plate pricing supports updated assumptions on margins and earnings multiples. Analyst Commentary Recent Street research paints a mixed picture for Salzgitter, with several bullish analysts lifting price targets and one more cautious voice pushing back.
Actualización de narrativa Jun 01

SZG: Raised Guidance And Rich P E May Pressure Future Returns

Narrative Update on Salzgitter The updated analyst price target for Salzgitter moves from about €29.00 to roughly €33.06. This reflects higher Street targets in the €60 to €65 range and analyst views that factor in revised growth assumptions, a different profit margin profile, a higher discount rate and a higher future P/E multiple.
Actualización de narrativa May 12

SZG: MDAX Inclusion And Split Ratings Will Shape Future Earnings Repricing

Salzgitter's analyst price target has been increased by €3.30, with analysts attributing the change to the recent upgrade and revised assumptions around discount rates, long term revenue growth, profit margins and future P/E expectations. Analyst Commentary Recent research on Salzgitter reflects a split view, with some analysts linking the higher price target and upgrade to adjusted assumptions on discount rates, long term revenue growth, profit margins and future P/E expectations, while others are more cautious and have issued a downgrade.
Actualización de narrativa Apr 28

SZG: MDAX Entry And Mixed Rating Shifts Will Shape Future Repricing

Analysts have lifted Salzgitter's fair value estimate by about €3.44 per share to €50.43, reflecting updated expectations for revenue growth, profit margins and future P/E assumptions following recent price target increases from several banks and a downgrade from another house. Analyst Commentary Recent research shows a mixed but generally constructive stance on Salzgitter, with several price target increases and at least one downgrade feeding into the updated fair value estimate of €50.43.
Actualización de narrativa Apr 13

SZG: Mixed Rating Shifts And MDAX Inclusion Will Shape Future Equity Repricing

The updated analyst price target for Salzgitter moves to €46.99 from €49.12, as analysts factor in more cautious assumptions on revenue growth and profit margins, even while several recent research notes highlight higher individual price targets and mixed rating changes. Analyst Commentary Recent Street research on Salzgitter reflects a mix of upbeat and cautious views, with several firms adjusting ratings and price targets in different directions.
Actualización de narrativa Mar 30

SZG: Index Inclusion And Higher Earnings Quality Will Support Future Re Rating

Analysts have raised the fair value estimate for Salzgitter to €60 from €57, citing recent price target increases from several banks, along with updated assumptions for growth, profitability, and a lower future P/E multiple, despite some mixed rating changes. Analyst Commentary Recent research shows a split in opinion, but there is a clear cluster of bullish analysts who see more upside for Salzgitter based on updated assumptions for execution, earnings power and where the shares trade relative to their revised fair value work.
Actualización de narrativa Mar 16

SZG: Higher Earnings Conviction And Guidance Will Likely Reprice Depressed Equity Multiples

Analysts have lifted their blended price target on Salzgitter from about €34.24 to roughly €49.12. This reflects a series of recent target increases across the Street that are grounded in updated assumptions for revenue growth, margins and future P/E multiples.
Actualización de narrativa Mar 02

SZG: Higher Margin Assumptions Will Undermine Future Earnings Resilience

Analyst price targets on Salzgitter have moved higher by up to €20, with the latest updates reflecting a mix of upgraded views and recalibrated assumptions on margins, P/E multiples, and broader earnings potential. Analyst Commentary Recent research updates on Salzgitter highlight a mixed backdrop, with some firms revisiting their models and price targets while keeping a cautious stance on the stock.
Actualización de narrativa Feb 16

SZG: Higher Discount Rate Will Pressure Earnings Delivery And Future Share Performance

Analysts have lifted their average price target for Salzgitter by around €20 to €40, citing updated assumptions on discount rates, revenue growth, profit margins and P/E multiples, along with a series of recent target hikes and rating changes across major banks. Analyst Commentary Recent research on Salzgitter highlights a mixed backdrop, with headline price targets moving higher but some analysts still flagging meaningful risks around valuation, execution and earnings quality.
Actualización de narrativa Feb 02

SZG: Future Earnings Sensitivity Will Drive Downside Risk Despite Higher Expectations

Our analyst price target for Salzgitter has been lifted from €15.50 to €29.00. This reflects how recent price target increases and upgrades across several banks, along with updated assumptions on revenue growth, profit margins and future P/E multiples, have shifted the overall analyst view.
Actualización de narrativa Jan 18

SZG: Regulatory Protections Will Support Higher Future Earnings Multiples

Analysts have raised their fair value estimate for Salzgitter from €52.00 to €57.00, citing updated Street price targets in the €27.90 to €40.00 range, modest adjustments to the discount rate and growth inputs, and a slightly higher assumed future P/E multiple. Analyst Commentary Recent Street research on Salzgitter shows a mix of views, but the more optimistic voices cluster in a price target range between €27.90 and €40.00, which also anchors the updated fair value estimate.
Actualización de narrativa Jan 04

SZG Regulatory Support Will Drive Higher Earnings Multiples Ahead

Analysts have raised their price target on Salzgitter to EUR 52.00 from about EUR 40.00. They noted improving sentiment on regulatory protections and the potential for higher valuation multiples, even with more cautious assumptions on growth and margins.
Actualización de narrativa Dec 16

SZG: Regulatory Support Will Likely Fail To Justify Elevated Equity Multiples

We are raising our Salzgitter price target by approximately EUR 5 to about EUR 34, as analysts increasingly highlight multi year regulatory support and improving prospects for higher equity multiples, which is reflected in multiple recent rating upgrades and higher Street targets toward EUR 40. Analyst Commentary Recent research updates underscore a shift in sentiment toward Salzgitter, with several firms revising both ratings and target prices as they reassess the companys regulatory backdrop, earnings power, and equity rerating potential.
Actualización de narrativa Dec 02

SZG: Earnings Will Face Challenges From Steel Price Volatility And Regulatory Shifts

Salzgitter’s analyst price target has increased from €27.55 to €29.18, as analysts cite improved profit outlook and positive industry developments as reasons for the raised valuation. Analyst Commentary Recent analyst actions reflect a mix of optimism and caution about Salzgitter's performance and outlook.
Actualización de narrativa Nov 18

SZG: Future Prospects Will Balance Regulatory Stability And Revenue Uncertainties

Salzgitter's analyst price target has been raised from €25.06 to €27.55. This reflects analysts' expectations for improved regulatory conditions and the potential for higher equity multiples.
Actualización de narrativa Nov 03

SZG: Future Gains Will Depend On European Flat-Rolled Steel Price Trends

Analysts have raised the fair value estimate for Salzgitter from €24.31 to €25.06, citing a more favorable long-term outlook. This outlook is supported by recent upgrades and expected benefits from its exposure to European flat-rolled steel prices.
Actualización de narrativa Oct 20

European Measures And Green Steel Will Forge Resilient Future

Salzgitter's updated analyst price target declined from €25.83 to €24.31, with analysts citing shifts in market expectations for European steel prices and modest improvements in profit margin and revenue growth. These positive factors were offset by a higher discount rate and lower future valuation multiples.
Actualización de narrativa Oct 05

European Measures And Green Steel Will Forge Resilient Future

Salzgitter's analyst price target has risen sharply from €22.86 to €25.83, as analysts point to the company’s improving position in European flat-rolled steel markets and sustained expectations for revenue growth, even as modest shifts in profit margin and discount rates are observed. Analyst Commentary Recent commentary from street research highlights diverse perspectives on Salzgitter's outlook.
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Nueva narrativa May 04

EU Measures And Green Steel Production Will Transform Industry Landscape

EU antidumping measures and green initiatives may boost Salzgitter's revenue through higher steel prices and decarbonization efforts.
Artículo de análisis Nov 14

Salzgitter AG (ETR:SZG) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

The third-quarter results for Salzgitter AG ( ETR:SZG ) were released last week, making it a good time to revisit its...
Artículo de análisis Nov 09

Salzgitter AG (ETR:SZG) Held Back By Insufficient Growth Even After Shares Climb 29%

The Salzgitter AG ( ETR:SZG ) share price has done very well over the last month, posting an excellent gain of 29%. Not...
Artículo de análisis Sep 11

Health Check: How Prudently Does Salzgitter (ETR:SZG) Use Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Artículo de análisis Aug 15

Salzgitter AG Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next

Last week, you might have seen that Salzgitter AG ( ETR:SZG ) released its second-quarter result to the market. The...
Artículo de análisis May 23

Salzgitter AG's (ETR:SZG) CEO Will Probably Find It Hard To See A Huge Raise This Year

Key Insights Salzgitter to hold its Annual General Meeting on 29th of May CEO Gunnar Groebler's total compensation...
Artículo de análisis May 08

Investors Don't See Light At End Of Salzgitter AG's (ETR:SZG) Tunnel

You may think that with a price-to-sales (or "P/S") ratio of 0.1x Salzgitter AG ( ETR:SZG ) is a stock worth checking...
Artículo de análisis Mar 23

Investors Can Find Comfort In Salzgitter's (ETR:SZG) Earnings Quality

Soft earnings didn't appear to concern Salzgitter AG's ( ETR:SZG ) shareholders over the last week. We did some...
Artículo de análisis Mar 20

Analysts Have Made A Financial Statement On Salzgitter AG's (ETR:SZG) Annual Report

Salzgitter AG ( ETR:SZG ) shareholders are probably feeling a little disappointed, since its shares fell 4.6% to €22.84...
Artículo de análisis Feb 21

Is There An Opportunity With Salzgitter AG's (ETR:SZG) 22% Undervaluation?

Key Insights The projected fair value for Salzgitter is €31.59 based on 2 Stage Free Cash Flow to Equity Current share...
Artículo de análisis Jan 30

Salzgitter AG's (ETR:SZG) Earnings Are Not Doing Enough For Some Investors

With a price-to-earnings (or "P/E") ratio of 4.3x Salzgitter AG ( ETR:SZG ) may be sending very bullish signals at the...
Artículo de análisis Dec 14

Is Salzgitter (ETR:SZG) Weighed On By Its Debt Load?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Desglose de ingresos y gastos

Cómo gana y gasta dinero Salzgitter. Basado en los últimos beneficios reportados, en base a los últimos doce meses (LTM).


Historial de beneficios e ingresos

XTRA:SZG Ingresos, gastos y beneficios (EUR Millions)
FechaIngresosBeneficiosGastos G+AGastos de I+D
31 Mar 268,997422,0170
31 Dec 258,981-742,0130
30 Sep 259,150-2002,0460
30 Jun 259,433-4212,0570
31 Mar 259,663-4012,0650
31 Dec 2410,012-3522,0730
30 Sep 2410,112-1922,0320
30 Jun 2410,198212,0430
31 Mar 2410,486741,9860
31 Dec 2310,7912001,9520
30 Sep 2311,1943301,9850
30 Jun 2311,7534611,9350
31 Mar 2312,1868531,9380
31 Dec 2212,5531,0821,9110
30 Sep 2212,5311,0601,8600
30 Jun 2211,9681,1321,8330
31 Mar 2211,0238741,8180
31 Dec 219,7675811,7950
30 Sep 218,8284311,7440
30 Jun 217,895961,7080
31 Mar 217,077-1581,6780
31 Dec 207,091-2771,6870
30 Sep 207,174-4521,7620
30 Jun 207,652-4811,8070
31 Mar 208,337-3811,8320
31 Dec 198,547-2411,8550
30 Sep 198,984501,8480
30 Jun 199,1872351,8230
31 Mar 199,2603051,7970
31 Dec 189,2782741,7760
30 Sep 189,1082721,8040
30 Jun 188,9912611,8030
31 Mar 188,9742071,8180
31 Dec 178,9901901,8030
30 Sep 178,8591421,7600
30 Jun 178,5551001,7520
31 Mar 178,391931,7450
31 Dec 167,893421,7390
30 Sep 167,752-351,7270
30 Jun 167,993-731,7220
31 Mar 168,103-541,7130
31 Dec 158,502-61,7040
30 Sep 158,6861091,6870

Ingresos de calidad: SZG tiene ganancias de alta calidad.

Margen de beneficios creciente: SZG pasó a ser rentable.


Análisis del flujo de caja libre vs. Beneficios


Análisis del crecimiento de los beneficios en el pasado

Tendencia de beneficios: SZG ha pasado a ser rentable en los últimos 5 años, con un crecimiento de los beneficios de -44.3% al año.

Acelerando crecimiento: SZG ha pasado a ser rentable en el último año, lo que dificulta la comparación de la tasa de crecimiento de los beneficios con su promedio de 5 años.

Beneficios vs. Industria: SZG ha pasado a ser rentable en el último año, lo que es difícil comparar el crecimiento de sus beneficios en el último año con el de la industria Metals and Mining (26.8%).


Rentabilidad financiera

Alta ROE: La rentabilidad financiera de SZG (1%) se considera baja.


Rentabilidad económica


Rendimiento del capital invertido


Descubre empresas con buenos resultados en el pasado

Análisis de la empresa y estado de los datos financieros

DatosÚltima actualización (huso horario UTC)
Análisis de la empresa2026/07/29 12:00
Precio de las acciones al final del día2026/07/29 00:00
Beneficios2026/03/31
Ingresos anuales2025/12/31

Fuentes de datos

Los datos utilizados en nuestro análisis de empresas proceden de S&P Global Market Intelligence LLC. Los siguientes datos se utilizan en nuestro modelo de análisis para generar este informe. Los datos están normalizados, lo que puede introducir un retraso desde que la fuente está disponible.

PaqueteDatosMarco temporalEjemplo Fuente EE.UU. *
Finanzas de la empresa10 años
  • Cuenta de resultados
  • Estado de tesorería
  • Balance
Estimaciones del consenso de analistas+3 años
  • Previsiones financieras
  • Objetivos de precios de los analistas
Precios de mercado30 años
  • Precios de las acciones
  • Dividendos, escisiones y acciones
Propiedad10 años
  • Accionistas principales
  • Información privilegiada
Gestión10 años
  • Equipo directivo
  • Consejo de Administración
Principales avances10 años
  • Anuncios de empresas

* Ejemplo para valores de EE.UU., para no EE.UU. se utilizan formularios y fuentes normativas equivalentes.

A menos que se especifique lo contrario, todos los datos financieros se basan en un periodo anual, pero se actualizan trimestralmente. Esto se conoce como datos de los últimos doce meses (TTM) o de los últimos doce meses (LTM). Más información.

Modelo de análisis y copo de nieve

Los detalles del modelo de análisis utilizado para generar este informe están disponibles en nuestra página de Github, también tenemos guías sobre cómo utilizar nuestros informes y tutoriales en Youtube.

Conozca al equipo de talla mundial que diseñó y construyó el modelo de análisis Simply Wall St.

Métricas industriales y sectoriales

Simply Wall St calcula cada 6 horas nuestras métricas sectoriales y de sección. Los detalles de nuestro proceso están disponibles en Github.

Fuentes analistas

Salzgitter AG está cubierta por 23 analistas. 7 de esos analistas presentaron las estimaciones de ingresos o ganancias utilizadas como datos para nuestro informe. Las estimaciones de los analistas se actualizan a lo largo del día.

AnalistaInstitución
David Simon ButlerBarclays
John KleinBerenberg
Tristan GresserBNP Paribas