Salzgitter AG

XTRA:SZG 株式レポート

時価総額：€3.3b

Salzgitter 将来の成長

Future 基準チェック /46

Salzgitter利益と収益がそれぞれ年間47.4%と7.9%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に8% 47.2%なると予測されています。

主要情報

47.4%

収益成長率

47.16%

EPS成長率

Metals and Mining 収益成長14.3%
収益成長率7.9%
将来の株主資本利益率8.00%
アナリストカバレッジ

Good

最終更新日03 Sep 2026

今後の成長に関する最新情報

Recent updates

ナラティブ更新 • Aug 24

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

Salzgitter's updated fair value estimate is now €75, a reduction of €4, as analysts fine tune discount rates, revenue and margin assumptions, while still reflecting recent price targets in the low to mid €60s and their broadly positive stance on the stock. Analyst Commentary Recent research on Salzgitter points to a generally constructive stance, with several bullish analysts raising or reaffirming positive ratings alongside price targets in the low to high €60s.
ナラティブ更新 • Aug 10

SZG: Future Steel Quotas And Infrastructure Spending May Temper Share Upside

Salzgitter's analyst fair value estimate has shifted from €36.59 to €56.00 as analysts factor in higher price targets across the Street, supported by expectations around tighter EU steel import quotas, firmer EU steel pricing and future German infrastructure spending. Analyst Commentary Street research on Salzgitter over recent months has centered on how tighter EU steel import quotas, pricing trends and future German infrastructure spending might influence both earnings power and valuation.
ナラティブ更新 • 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.
ナラティブ更新 • 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.
ナラティブ更新 • 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.
ナラティブ更新 • 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.
ナラティブ更新 • 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.
ナラティブ更新 • 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.
ナラティブ更新 • 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.
ナラティブ更新 • 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.
ナラティブ更新 • 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.
ナラティブ更新 • 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.
ナラティブ更新 • 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.
ナラティブ更新 • 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.
ナラティブ更新 • 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.
ナラティブ更新 • 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.
ナラティブ更新 • 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.
ナラティブ更新 • 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.
ナラティブ更新 • 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.
ナラティブ更新 • 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.
ナラティブ更新 • 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.
ナラティブ更新 • 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.
ナラティブ更新 • 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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新しいナラティブ • 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.
分析記事 • 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...
分析記事 • 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...
分析記事 • 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...
分析記事 • 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...
分析記事 • 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...
分析記事 • 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...
分析記事 • 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...

業績と収益の成長予測

XTRA:SZG - アナリストの将来予測と過去の財務データ ( )EUR Millions
日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数
12/31/202811,1594392818676
12/31/202710,852402-1887287
12/31/20269,684177-5373667
6/30/20268,90557-108482N/A
3/31/20268,99742-70626N/A
12/31/20258,981-74-195505N/A
9/30/20259,150-200-289818N/A
6/30/20259,433-421-326627N/A
3/31/20259,663-401-372506N/A
12/31/202410,012-352-423408N/A
9/30/202410,112-192-648126N/A
6/30/202410,19821-270506N/A
3/31/202410,48674-146582N/A
12/31/202310,791200140892N/A
9/30/202311,1943304331,138N/A
6/30/202311,753461401962N/A
3/31/202312,186853279779N/A
12/31/202212,5531,082154597N/A
9/30/202212,5311,060-36336N/A
6/30/202211,9681,132-339-9N/A
3/31/202211,023874-120205N/A
12/31/20219,767581-14329N/A
9/30/20218,828431-115238N/A
6/30/20217,8959629362N/A
3/31/20217,077-158-82270N/A
12/31/20207,091-277-35618N/A
9/30/20207,174-452-32777N/A
6/30/20207,652-481-302155N/A
3/31/20208,362-381N/A54N/A
12/31/20198,547-241N/A251N/A
9/30/20198,98450N/A325N/A
6/30/20199,187235N/A332N/A
3/31/20199,265305N/A481N/A
12/31/20189,278274N/A528N/A
9/30/20189,108272N/A436N/A
6/30/20188,991261N/A516N/A
3/31/20188,944207N/A404N/A
12/31/20178,990190N/A274N/A
9/30/20178,859142N/A411N/A
6/30/20178,555100N/A224N/A
3/31/20178,39193N/A359N/A
12/31/20167,89342N/A290N/A
9/30/20167,752-35N/A272N/A
6/30/20167,993-73N/A454N/A
3/31/20168,103-54N/A307N/A
12/31/20158,502-6N/A448N/A
9/30/20158,686109N/A432N/A

アナリストによる今後の成長予測

収入対貯蓄率: SZGの予測収益成長率 (年間47.4% ) は 貯蓄率 ( 2.1% ) を上回っています。

収益対市場: SZGの収益 ( 47.4% ) はGerman市場 ( 15.2% ) よりも速いペースで成長すると予測されています。

高成長収益: SZGの収益は今後 3 年間で 大幅に 増加すると予想されています。

収益対市場: SZGの収益 ( 7.9% ) German市場 ( 6.6% ) よりも速いペースで成長すると予測されています。

高い収益成長: SZGの収益 ( 7.9% ) 20%よりも低い成長が予測されています。

一株当たり利益成長率予想

将来の株主資本利益率

将来のROE: SZGの 自己資本利益率 は、3年後には低くなると予測されています ( 8 %)。

成長企業の発掘

7D

1Y

7D

1Y

7D

1Y

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/09/09 13:12
終値2026/09/09 00:00
収益2026/06/30
年間収益2025/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

このレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。

シンプリー・ウォールストリート分析モデルを設計・構築した ご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

Salzgitter AG 8 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。23

アナリスト機関
David Simon ButlerBarclays
John KleinBerenberg
Tristan GresserBNP Paribas