View ValuationSalzgitter 将来の成長Future 基準チェック /36Salzgitter利益と収益がそれぞれ年間40.6%と4.3%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7.7% 40.4%なると予測されています。主要情報40.6%収益成長率40.43%EPS成長率Metals and Mining 収益成長18.5%収益成長率4.3%将来の株主資本利益率7.72%アナリストカバレッジGood最終更新日17 Jul 2026今後の成長に関する最新情報お知らせ • May 13Salzgitter AG Reaffirms Financial Guidance for the Financial Year 2025Salzgitter AG reaffirmed financial guidance for the financial year 2025. The company reaffirmed the guidance from March and continue to anticipate sales of between EUR 9.5 billion and EUR 10.0 billion.お知らせ • Sep 20+ 1 more updateSalzgitter AG Updates Earnings Guidance for the Year 2023Salzgitter AG updated earnings guidance for the year 2023. For the period, the company expects pre-tax profit between EUR 200 million and EUR 250 million (previously: between EUR 300 million and EUR 400 million).お知らせ • Sep 01Salzgitter AG Suspends Earnings Guidance for the 2023 Financial YearAurubis AG announced that its existing guidance range for the current 2022/23 financial year cannot be maintained; revised definitive guidance was not issued. On the basis of the total number of shares in issue, Salzgitter AG holds a 29.99% interest in Aurubis AG. As this interest is included at equity, the earnings trend of the participartipation in Aurubis AG has a direct bearing on the Salzgitter Group's result for the year and forms a fixed part of the Group's results planning. For this reason, the Executive Board of Salzgitter AG is also suspending its results guidance for the current financial year for the time being and will adjust it accordingly once Aurubis AG has updated its guidance.すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • Jun 29Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €42.64, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 6x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 30% over the past three years.Valuation Update With 7 Day Price Move • Jun 10Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €54.45, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 6x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €29.27 per share.Upcoming Dividend • May 28Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 04 June 2026. Payment date: 09 June 2026. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (2.5%).Reported Earnings • May 14First quarter 2026 earnings released: EPS: €1.49 (vs €0.66 loss in 1Q 2025)First quarter 2026 results: EPS: €1.49 (up from €0.66 loss in 1Q 2025). Revenue: €2.35b (flat on 1Q 2025). Net income: €80.4m (up €116.2m from 1Q 2025). Profit margin: 3.4% (up from net loss in 1Q 2025). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 120 percentage points per year, which is a significant difference in performance.Declared Dividend • Apr 26Dividend of €0.20 announcedDividend of €0.20 is the same as last year. Ex-date: 4th June 2026 Payment date: 8th June 2026 Dividend yield will be 0.4%, which is lower than the industry average of 7.3%.お知らせ • Apr 24Salzgitter AG, Annual General Meeting, Jun 03, 2026Salzgitter AG, Annual General Meeting, Jun 03, 2026, at 10:00 W. Europe Standard Time.お知らせ • Mar 30+ 2 more updatesSalzgitter AG to Report Nine Months, 2026 Results on Nov 12, 2026Salzgitter AG announced that they will report nine months, 2026 results on Nov 12, 2026Reported Earnings • Mar 24Full year 2025 earnings released: €1.37 loss per share (vs €6.51 loss in FY 2024)Full year 2025 results: €1.37 loss per share (improved from €6.51 loss in FY 2024). Revenue: €9.58b (down 4.3% from FY 2024). Net loss: €74.2m (loss narrowed 79% from FY 2024). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 121 percentage points per year, which is a significant difference in performance.New Risk • Mar 23New major risk - Revenue and earnings growthEarnings have declined by 34% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 34% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change).お知らせ • Feb 11Salzgitter AG (XTRA:SZG) agreed to acquire Thyrolf & Uhle GmbH.Salzgitter AG (XTRA:SZG) agreed to acquire Thyrolf & Uhle GmbH on February 11, 2026. The transaction is subject to the fulfillment of the agreed closing conditions, in particular official approvals.New Risk • Nov 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: €0.75 (vs €3.34 loss in 3Q 2024)Third quarter 2025 results: EPS: €0.75 (up from €3.34 loss in 3Q 2024). Revenue: €2.31b (down 7.1% from 3Q 2024). Net income: €40.7m (up €221.0m from 3Q 2024). Profit margin: 1.8% (up from net loss in 3Q 2024). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 120 percentage points per year, which is a significant difference in performance.お知らせ • Nov 05Salzgitter AG to Report Q3, 2025 Results on Nov 10, 2025Salzgitter AG announced that they will report Q3, 2025 results on Nov 10, 2025お知らせ • Oct 02Salzgitter AG to Report Fiscal Year 2025 Results on Mar 23, 2026Salzgitter AG announced that they will report fiscal year 2025 results on Mar 23, 2026Reported Earnings • Aug 12Second quarter 2025 earnings released: €1.02 loss per share (vs €0.64 loss in 2Q 2024)Second quarter 2025 results: €1.02 loss per share (further deteriorated from €0.64 loss in 2Q 2024). Revenue: €2.34b (down 9.0% from 2Q 2024). Net loss: €55.1m (loss widened 58% from 2Q 2024). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance.お知らせ • Aug 01Name & Mawi Partners agreed to acquire Desma Schuhmaschinen GmbH from Salzgitter AG (XTRA:SZG).Name & Mawi Partners agreed to acquire Desma Schuhmaschinen GmbH from Salzgitter AG (XTRA:SZG) on July 30, 2025. The transaction is expected to be completed in the autumn of 2025.お知らせ • Jul 10Salzgitter Aktiengesellschaft Receives Material Approval for Secure 500 Protection SteelThe Salzgitter Group, together with its subsidiary, Ilsenburger Grobblech GmbH, has received approval from the German Military Technical Center 91 (WTD 91) in accordance with TL (Technical Delivery Conditions) 2350-0000. This officially approved steel grade SECURE 500®? in thicknesses from 6 to 16 mm for military use, for example, in vehicles or protective systems. During intensive testing, weldability and behavior under fire and blast were evaluated, among other aspects. The approval confirms the high quality and reliability of the steel and underlines Salzgitter AG's expertise as a partner for demanding defense applications.お知らせ • May 22Salzgitter AG to Report First Half, 2025 Results on Aug 11, 2025Salzgitter AG announced that they will report first half, 2025 results on Aug 11, 2025お知らせ • May 13Salzgitter AG Reaffirms Financial Guidance for the Financial Year 2025Salzgitter AG reaffirmed financial guidance for the financial year 2025. The company reaffirmed the guidance from March and continue to anticipate sales of between EUR 9.5 billion and EUR 10.0 billion.お知らせ • May 06Salzgitter AG to Report Q1, 2025 Results on May 12, 2025Salzgitter AG announced that they will report Q1, 2025 results on May 12, 2025お知らせ • Apr 11Salzgitter AG, Annual General Meeting, May 22, 2025Salzgitter AG, Annual General Meeting, May 22, 2025, at 10:00 W. Europe Standard Time.Declared Dividend • Mar 24Dividend reduced to €0.20Dividend of €0.20 is 56% lower than last year. Ex-date: 23rd May 2025 Payment date: 27th May 2025 Dividend yield will be 0.8%, which is lower than the industry average of 7.3%.お知らせ • Mar 23Salzgitter AG Proposes DividendSalzgitter AG proposed dividend. The Executive Board and Supervisory Board will put forward a proposal to the Annual General Meeting of Shareholders on May 22, 2025 to distribute dividend of €0.20 per share.Reported Earnings • Mar 21Full year 2024 earnings released: €6.51 loss per share (vs €3.70 profit in FY 2023)Full year 2024 results: €6.51 loss per share (down from €3.70 profit in FY 2023). Revenue: €10.6b (down 2.2% from FY 2023). Net loss: €352.2m (down 276% from profit in FY 2023). Revenue is forecast to stay flat during the next 3 years compared to a 2.0% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.お知らせ • Jan 24Gp Günter Papenburg Aktiengesellschaft and TSR Recycling GmbH & Co. KG submitted a non-binding offer to acquire remaining stake in Salzgitter AG (XTRA:SZG) from Lower Saxony (State of) and other shareholders for approximately €730 million.Gp Günter Papenburg Aktiengesellschaft and TSR Recycling GmbH & Co. KG submitted a non-binding offer to acquire remaining stake in Salzgitter AG (XTRA:SZG) from Lower Saxony (State of) and other shareholders for approximately €730 million on January 22, 2025. A cash consideration valued at €18.5 per share will be paid by Gp Günter Papenburg Aktiengesellschaft and TSR Recycling GmbH & Co. KG. The Company is in the process of examining the non-binding offer, including the price indicated. The outcome of the assessment and discussion with the Consortium is open.Reported Earnings • Nov 12Third quarter 2024 earnings released: €3.34 loss per share (vs €0.02 profit in 3Q 2023)Third quarter 2024 results: €3.34 loss per share (down from €0.02 profit in 3Q 2023). Revenue: €2.58b (flat on 3Q 2023). Net loss: €180.3m (down €181.4m from profit in 3Q 2023). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.お知らせ • Nov 07Gp Günter Papenburg & TSR Recycling Considers Possible Takeover Bid for Salzgitter AGSalzgitter AG (XTRA:SZG) said on November 4, 2024 that Gp Günter Papenburg Aktiengesellschaft and TSR Recycling GmbH & Co. KG (Italy) is exploring a possible takeover bid. GP Guenter would submit an offer if the consortium secures at least 45% plus one share of Salzgitter’s stock, according to the statement. The range of a possible offer price has not been unveiled.New Risk • Nov 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 5.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 117% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (5.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin).Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improves as stock rises 34%After last week's 34% share price gain to €19.37, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 8x in the Metals and Mining industry in the United Kingdom. Total loss to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.33 per share.お知らせ • Oct 23+ 1 more updateSalzgitter AG to Report Nine Months, 2024 Results on Nov 11, 2024Salzgitter AG announced that they will report nine months, 2024 results on Nov 11, 2024お知らせ • Oct 01Salzgitter AG to Report Fiscal Year 2024 Results on Mar 21, 2025Salzgitter AG announced that they will report fiscal year 2024 results on Mar 21, 2025Reported Earnings • Aug 13Second quarter 2024 earnings released: €0.64 loss per share (vs €0.34 profit in 2Q 2023)Second quarter 2024 results: €0.64 loss per share (down from €0.34 profit in 2Q 2023). Revenue: €2.57b (down 10% from 2Q 2023). Net loss: €34.8m (down 291% from profit in 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 1.2% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.Upcoming Dividend • May 23Upcoming dividend of €0.45 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (3.6%).Reported Earnings • May 13First quarter 2024 earnings released: EPS: €0.24 (vs €2.57 in 1Q 2023)First quarter 2024 results: EPS: €0.24 (down from €2.57 in 1Q 2023). Revenue: €2.81b (down 5.9% from 1Q 2023). Net income: €12.9m (down 91% from 1Q 2023). Profit margin: 0.5% (down from 4.7% in 1Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 1.3% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Declared Dividend • Mar 17Dividend of €0.45 announcedShareholders will receive a dividend of €0.45. Ex-date: 30th May 2024 Payment date: 3rd June 2024 Dividend yield will be 1.9%, which is lower than the industry average of 7.3%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 47% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 16Full year 2023 earnings released: EPS: €3.70 (vs €20.00 in FY 2022)Full year 2023 results: EPS: €3.70 (down from €20.00 in FY 2022). Revenue: €11.5b (down 8.7% from FY 2022). Net income: €200.1m (down 82% from FY 2022). Profit margin: 1.7% (down from 8.6% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 5.4% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to grow by 1.1%. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Mar 15Salzgitter AG to Report Q2, 2024 Results on Aug 12, 2024Salzgitter AG announced that they will report Q2, 2024 results on Aug 12, 2024お知らせ • Nov 14Salzgitter AG, Annual General Meeting, May 29, 2024Salzgitter AG, Annual General Meeting, May 29, 2024.Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: €0.02 (vs €3.01 in 3Q 2022)Third quarter 2023 results: EPS: €0.02 (down from €3.01 in 3Q 2022). Revenue: €2.70b (down 14% from 3Q 2022). Net income: €1.10m (down 99% from 3Q 2022). Profit margin: 0% (down from 5.2% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 4.7% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 20+ 1 more updateSalzgitter AG Updates Earnings Guidance for the Year 2023Salzgitter AG updated earnings guidance for the year 2023. For the period, the company expects pre-tax profit between EUR 200 million and EUR 250 million (previously: between EUR 300 million and EUR 400 million).お知らせ • Sep 08+ 1 more updateSalzgitter AG to Report Fiscal Year 2023 Results on Mar 15, 2024Salzgitter AG announced that they will report fiscal year 2023 results on Mar 15, 2024お知らせ • Sep 01Salzgitter AG Suspends Earnings Guidance for the 2023 Financial YearAurubis AG announced that its existing guidance range for the current 2022/23 financial year cannot be maintained; revised definitive guidance was not issued. On the basis of the total number of shares in issue, Salzgitter AG holds a 29.99% interest in Aurubis AG. As this interest is included at equity, the earnings trend of the participartipation in Aurubis AG has a direct bearing on the Salzgitter Group's result for the year and forms a fixed part of the Group's results planning. For this reason, the Executive Board of Salzgitter AG is also suspending its results guidance for the current financial year for the time being and will adjust it accordingly once Aurubis AG has updated its guidance.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: €0.92 (vs €7.59 in 2Q 2022)Second quarter 2023 results: EPS: €0.92 (down from €7.59 in 2Q 2022). Revenue: €3.00b (down 8.7% from 2Q 2022). Net income: €49.8m (down 88% from 2Q 2022). Profit margin: 1.7% (down from 13% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is expected to decline by 5.7% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to grow by 1.0%. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 05+ 1 more updateSalzgitter AG Announces Chief Financial Officer ChangesSalzgitter AG announced Ms. Birgit Potrafki (52) and take up the position of CFO on April 1, 2024. She succeeds Burkhard Becker (63) who will leave the company by agreement on March 31, 2024 and retire. The period spent working in parallel will ensure a seamless transition. Ms. Birgit Potrafki commands extensive experience gained in numerous management roles at the Bosch Group. Among other posts, she has held worldwide responsibility or the windscreen wiper business and was a member of the divisional board of the Electrical Drives division. Since 2021 she has held the post of Executive Vice President Finance and Administration at Robert Bosch GmbH, Division Cross-Domain Computing Solutions, and served as a member of the divisional board. Ms. Potrafki has a degree in economics, having graduated in 1997 from the Leibniz University Hanover.Upcoming Dividend • May 19Upcoming dividend of €1.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 26 May 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 6.3% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (8.0%).Reported Earnings • May 11First quarter 2023 earnings released: EPS: €2.57 (vs €6.80 in 1Q 2022)First quarter 2023 results: EPS: €2.57 (down from €6.80 in 1Q 2022). Revenue: €3.17b (down 5.4% from 1Q 2022). Net income: €139.1m (down 62% from 1Q 2022). Profit margin: 4.4% (down from 11% in 1Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to decline by 4.8% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 28Full year 2022 earnings released: EPS: €20.00 (vs €10.74 in FY 2021)Full year 2022 results: EPS: €20.00 (up from €10.74 in FY 2021). Revenue: €13.5b (up 39% from FY 2021). Net income: €1.08b (up 86% from FY 2021). Profit margin: 8.0% (up from 5.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 13% p.a. on average during the next 3 years compared to a 1.1% decline forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: €3.01 (vs €4.35 in 3Q 2021)Third quarter 2022 results: EPS: €3.01 (down from €4.35 in 3Q 2021). Revenue: €3.13b (up 22% from 3Q 2021). Net income: €163.1m (down 31% from 3Q 2021). Profit margin: 5.2% (down from 9.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 17% p.a. on average during the next 3 years compared to a 2.4% decline forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: €3.01 (vs €4.36 in 3Q 2021)Third quarter 2022 results: EPS: €3.01 (down from €4.36 in 3Q 2021). Revenue: €3.20b (up 25% from 3Q 2021). Net income: €163.1m (down 31% from 3Q 2021). Profit margin: 5.1% (down from 9.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 17% p.a. on average during the next 3 years compared to a 2.3% decline forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 08Salzgitter AG to Report Fiscal Year 2022 Results on Mar 27, 2023Salzgitter AG announced that they will report fiscal year 2022 results on Mar 27, 2023Reported Earnings • Aug 12Second quarter 2022 earnings released: EPS: €7.59 (vs €2.82 in 2Q 2021)Second quarter 2022 results: EPS: €7.59 (up from €2.82 in 2Q 2021). Revenue: €3.64b (up 55% from 2Q 2021). Net income: €410.5m (up 169% from 2Q 2021). Profit margin: 11% (up from 6.5% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 11% compared to a 6.8% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Jun 22Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 44%. The fair value is estimated to be €34.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 8.9% in 2 years. Earnings is forecast to decline by 56% in the next 2 years.Valuation Update With 7 Day Price Move • Jun 13Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to €31.10, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 6x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €31.26 per share.Upcoming Dividend • May 27Upcoming dividend of €0.75 per shareEligible shareholders must have bought the stock before 03 June 2022. Payment date: 08 June 2022. Trailing yield: 2.0%. Lower than top quartile of British dividend payers (4.8%). Lower than average of industry peers (8.5%).Reported Earnings • May 13First quarter 2022 earnings released: EPS: €6.80 (vs €1.38 in 1Q 2021)First quarter 2022 results: EPS: €6.80 (up from €1.38 in 1Q 2021). Revenue: €3.51b (up 68% from 1Q 2021). Net income: €367.6m (up 391% from 1Q 2021). Profit margin: 11% (up from 3.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.5%, compared to a 20% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 28Investor sentiment improved over the past weekAfter last week's 27% share price gain to €47.95, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 6x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 91% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €66.99 per share.Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improved over the past weekAfter last week's 15% share price gain to €40.71, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 6x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 47% over the past three years.Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS €4.36 (vs €1.84 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €2.65b (up 63% from 3Q 2020). Net income: €235.5m (up €334.8m from 3Q 2020). Profit margin: 8.9% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Oct 28Investor sentiment improved over the past weekAfter last week's 15% share price gain to €31.67, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 7x in the Metals and Mining industry in the United Kingdom. Total loss to shareholders of 8.2% over the past three years.Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS €2.82 (vs €1.88 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €2.40b (up 52% from 2Q 2020). Net income: €152.4m (up €253.9m from 2Q 2020). Profit margin: 6.3% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.Executive Departure • Jul 01Chairman of the Group Management Board & CEO Heinz Fuhrmann has left the companyOn the 30th of June, Heinz Fuhrmann's tenure as Chairman of the Group Management Board & CEO of the company ended after 10.4 years in the role. We don't have any record of a personal shareholding under Heinz's name. Heinz is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 4.96 years. Under Heinz's leadership, the company delivered a total shareholder return of -57%.Reported Earnings • May 13First quarter 2021 earnings released: EPS €1.38 (vs €0.82 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €2.21b (up 7.7% from 1Q 2020). Net income: €74.9m (up €119.6m from 1Q 2020). Profit margin: 3.4% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 16Full year 2020 earnings released: €5.13 loss per share (vs €4.46 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: €7.44b (down 13% from FY 2019). Net loss: €277.3m (loss widened 15% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 97% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Feb 22New 90-day high: €24.22The company is up 38% from its price of €17.61 on 24 November 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.85 per share.Is New 90 Day High Low • Dec 31New 90-day high: €21.80The company is up 59% from its price of €13.72 on 02 October 2020. The British market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €127 per share.Is New 90 Day High Low • Dec 04New 90-day high: €18.55The company is up 34% from its price of €13.86 on 04 September 2020. The British market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €110 per share.Is New 90 Day High Low • Nov 16New 90-day high: €14.99The company is up 5.0% from its price of €14.28 on 18 August 2020. The British market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €141 per share.Analyst Estimate Surprise Post Earnings • Nov 14Revenue misses expectationsRevenue missed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 9.3%, compared to a 5.7% growth forecast for the Metals and Mining industry in the United Kingdom.Reported Earnings • Nov 14Third quarter 2020 earnings released: €1.84 loss per shareThe company reported a soft third quarter result with weaker revenues and control over expenses, though losses reduced. Third quarter 2020 results: Revenue: €1.63b (down 23% from 3Q 2019). Net loss: €99.3m (loss narrowed 22% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 92% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Oct 07New 90-day high: €14.78The company is up 18% from its price of €12.48 on 09 July 2020. The British market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €39.40 per share.Is New 90 Day High Low • Sep 18New 90-day high: €14.48The company is up 20% from its price of €12.05 on 19 June 2020. The British market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €26.96 per share.業績と収益の成長予測LSE:0G77 - 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12/31/202810,201426274779612/31/202710,045393-78636612/31/20269,381240-17941063/31/20268,99742-70626N/A12/31/20258,981-74-195505N/A9/30/20259,150-200-289818N/A6/30/20259,433-421-463627N/A3/31/20259,663-401-372506N/A12/31/202410,012-352-423408N/A9/30/202410,112-192-648126N/A6/30/202410,19821-270506N/A3/31/202410,48674-146582N/A12/31/202310,791200140892N/A9/30/202311,1943304331,138N/A6/30/202311,753461401962N/A3/31/202312,186853279779N/A12/31/202212,5531,082154597N/A9/30/202212,5311,060-36336N/A6/30/202211,9681,132-339-9N/A3/31/202211,023874-120205N/A12/31/20219,767581-14329N/A9/30/20218,828431-115238N/A6/30/20217,8959629362N/A3/31/20217,077-158-82270N/A12/31/20207,091-277-35618N/A9/30/20207,174-452-32777N/A6/30/20207,652-481-302155N/A3/31/20208,337-381-40754N/A12/31/20198,547-241N/A251N/A9/30/20198,98450N/A325N/A6/30/20199,187235N/A332N/A3/31/20199,260305N/A481N/A12/31/20189,278274N/A528N/A9/30/20189,108272N/A436N/A6/30/20188,991261N/A516N/A3/31/20188,974207N/A404N/A12/31/20178,990190N/A274N/A9/30/20178,859142N/A411N/A6/30/20178,555100N/A224N/A3/31/20178,39193N/A359N/A12/31/20167,89342N/A290N/A9/30/20167,752-35N/A272N/A6/30/20167,993-73N/A454N/A3/31/20168,103-54N/A307N/A12/31/20158,502-6N/A448N/A9/30/20158,686109N/A432N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 0G77の予測収益成長率 (年間40.6% ) は 貯蓄率 ( 3.4% ) を上回っています。収益対市場: 0G77の収益 ( 40.6% ) はUK市場 ( 11.5% ) 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: 0G77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: 0G77の収益 ( 4.3% ) UK市場 ( 4.6% ) よりも低い成長が予測されています。高い収益成長: 0G77の収益 ( 4.3% ) 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: 0G77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 ( 7.7 %)。成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance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2026/07/17 18:21終値2026/07/17 00:00収益2026/03/31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SECフォーム10-KSECフォーム10-Q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アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 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・構築した世界トップクラスのチームについてご紹介します。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 7 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 ButlerBarclaysJohn KleinBerenbergTristan GresserBNP Paribas20 その他のアナリストを表示
お知らせ • May 13Salzgitter AG Reaffirms Financial Guidance for the Financial Year 2025Salzgitter AG reaffirmed financial guidance for the financial year 2025. The company reaffirmed the guidance from March and continue to anticipate sales of between EUR 9.5 billion and EUR 10.0 billion.
お知らせ • Sep 20+ 1 more updateSalzgitter AG Updates Earnings Guidance for the Year 2023Salzgitter AG updated earnings guidance for the year 2023. For the period, the company expects pre-tax profit between EUR 200 million and EUR 250 million (previously: between EUR 300 million and EUR 400 million).
お知らせ • Sep 01Salzgitter AG Suspends Earnings Guidance for the 2023 Financial YearAurubis AG announced that its existing guidance range for the current 2022/23 financial year cannot be maintained; revised definitive guidance was not issued. On the basis of the total number of shares in issue, Salzgitter AG holds a 29.99% interest in Aurubis AG. As this interest is included at equity, the earnings trend of the participartipation in Aurubis AG has a direct bearing on the Salzgitter Group's result for the year and forms a fixed part of the Group's results planning. For this reason, the Executive Board of Salzgitter AG is also suspending its results guidance for the current financial year for the time being and will adjust it accordingly once Aurubis AG has updated its guidance.
Valuation Update With 7 Day Price Move • Jun 29Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €42.64, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 6x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 30% over the past three years.
Valuation Update With 7 Day Price Move • Jun 10Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €54.45, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 6x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €29.27 per share.
Upcoming Dividend • May 28Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 04 June 2026. Payment date: 09 June 2026. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (2.5%).
Reported Earnings • May 14First quarter 2026 earnings released: EPS: €1.49 (vs €0.66 loss in 1Q 2025)First quarter 2026 results: EPS: €1.49 (up from €0.66 loss in 1Q 2025). Revenue: €2.35b (flat on 1Q 2025). Net income: €80.4m (up €116.2m from 1Q 2025). Profit margin: 3.4% (up from net loss in 1Q 2025). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 120 percentage points per year, which is a significant difference in performance.
Declared Dividend • Apr 26Dividend of €0.20 announcedDividend of €0.20 is the same as last year. Ex-date: 4th June 2026 Payment date: 8th June 2026 Dividend yield will be 0.4%, which is lower than the industry average of 7.3%.
お知らせ • Apr 24Salzgitter AG, Annual General Meeting, Jun 03, 2026Salzgitter AG, Annual General Meeting, Jun 03, 2026, at 10:00 W. Europe Standard Time.
お知らせ • Mar 30+ 2 more updatesSalzgitter AG to Report Nine Months, 2026 Results on Nov 12, 2026Salzgitter AG announced that they will report nine months, 2026 results on Nov 12, 2026
Reported Earnings • Mar 24Full year 2025 earnings released: €1.37 loss per share (vs €6.51 loss in FY 2024)Full year 2025 results: €1.37 loss per share (improved from €6.51 loss in FY 2024). Revenue: €9.58b (down 4.3% from FY 2024). Net loss: €74.2m (loss narrowed 79% from FY 2024). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 121 percentage points per year, which is a significant difference in performance.
New Risk • Mar 23New major risk - Revenue and earnings growthEarnings have declined by 34% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 34% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change).
お知らせ • Feb 11Salzgitter AG (XTRA:SZG) agreed to acquire Thyrolf & Uhle GmbH.Salzgitter AG (XTRA:SZG) agreed to acquire Thyrolf & Uhle GmbH on February 11, 2026. The transaction is subject to the fulfillment of the agreed closing conditions, in particular official approvals.
New Risk • Nov 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: €0.75 (vs €3.34 loss in 3Q 2024)Third quarter 2025 results: EPS: €0.75 (up from €3.34 loss in 3Q 2024). Revenue: €2.31b (down 7.1% from 3Q 2024). Net income: €40.7m (up €221.0m from 3Q 2024). Profit margin: 1.8% (up from net loss in 3Q 2024). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 120 percentage points per year, which is a significant difference in performance.
お知らせ • Nov 05Salzgitter AG to Report Q3, 2025 Results on Nov 10, 2025Salzgitter AG announced that they will report Q3, 2025 results on Nov 10, 2025
お知らせ • Oct 02Salzgitter AG to Report Fiscal Year 2025 Results on Mar 23, 2026Salzgitter AG announced that they will report fiscal year 2025 results on Mar 23, 2026
Reported Earnings • Aug 12Second quarter 2025 earnings released: €1.02 loss per share (vs €0.64 loss in 2Q 2024)Second quarter 2025 results: €1.02 loss per share (further deteriorated from €0.64 loss in 2Q 2024). Revenue: €2.34b (down 9.0% from 2Q 2024). Net loss: €55.1m (loss widened 58% from 2Q 2024). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 01Name & Mawi Partners agreed to acquire Desma Schuhmaschinen GmbH from Salzgitter AG (XTRA:SZG).Name & Mawi Partners agreed to acquire Desma Schuhmaschinen GmbH from Salzgitter AG (XTRA:SZG) on July 30, 2025. The transaction is expected to be completed in the autumn of 2025.
お知らせ • Jul 10Salzgitter Aktiengesellschaft Receives Material Approval for Secure 500 Protection SteelThe Salzgitter Group, together with its subsidiary, Ilsenburger Grobblech GmbH, has received approval from the German Military Technical Center 91 (WTD 91) in accordance with TL (Technical Delivery Conditions) 2350-0000. This officially approved steel grade SECURE 500®? in thicknesses from 6 to 16 mm for military use, for example, in vehicles or protective systems. During intensive testing, weldability and behavior under fire and blast were evaluated, among other aspects. The approval confirms the high quality and reliability of the steel and underlines Salzgitter AG's expertise as a partner for demanding defense applications.
お知らせ • May 22Salzgitter AG to Report First Half, 2025 Results on Aug 11, 2025Salzgitter AG announced that they will report first half, 2025 results on Aug 11, 2025
お知らせ • May 13Salzgitter AG Reaffirms Financial Guidance for the Financial Year 2025Salzgitter AG reaffirmed financial guidance for the financial year 2025. The company reaffirmed the guidance from March and continue to anticipate sales of between EUR 9.5 billion and EUR 10.0 billion.
お知らせ • May 06Salzgitter AG to Report Q1, 2025 Results on May 12, 2025Salzgitter AG announced that they will report Q1, 2025 results on May 12, 2025
お知らせ • Apr 11Salzgitter AG, Annual General Meeting, May 22, 2025Salzgitter AG, Annual General Meeting, May 22, 2025, at 10:00 W. Europe Standard Time.
Declared Dividend • Mar 24Dividend reduced to €0.20Dividend of €0.20 is 56% lower than last year. Ex-date: 23rd May 2025 Payment date: 27th May 2025 Dividend yield will be 0.8%, which is lower than the industry average of 7.3%.
お知らせ • Mar 23Salzgitter AG Proposes DividendSalzgitter AG proposed dividend. The Executive Board and Supervisory Board will put forward a proposal to the Annual General Meeting of Shareholders on May 22, 2025 to distribute dividend of €0.20 per share.
Reported Earnings • Mar 21Full year 2024 earnings released: €6.51 loss per share (vs €3.70 profit in FY 2023)Full year 2024 results: €6.51 loss per share (down from €3.70 profit in FY 2023). Revenue: €10.6b (down 2.2% from FY 2023). Net loss: €352.2m (down 276% from profit in FY 2023). Revenue is forecast to stay flat during the next 3 years compared to a 2.0% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.
お知らせ • Jan 24Gp Günter Papenburg Aktiengesellschaft and TSR Recycling GmbH & Co. KG submitted a non-binding offer to acquire remaining stake in Salzgitter AG (XTRA:SZG) from Lower Saxony (State of) and other shareholders for approximately €730 million.Gp Günter Papenburg Aktiengesellschaft and TSR Recycling GmbH & Co. KG submitted a non-binding offer to acquire remaining stake in Salzgitter AG (XTRA:SZG) from Lower Saxony (State of) and other shareholders for approximately €730 million on January 22, 2025. A cash consideration valued at €18.5 per share will be paid by Gp Günter Papenburg Aktiengesellschaft and TSR Recycling GmbH & Co. KG. The Company is in the process of examining the non-binding offer, including the price indicated. The outcome of the assessment and discussion with the Consortium is open.
Reported Earnings • Nov 12Third quarter 2024 earnings released: €3.34 loss per share (vs €0.02 profit in 3Q 2023)Third quarter 2024 results: €3.34 loss per share (down from €0.02 profit in 3Q 2023). Revenue: €2.58b (flat on 3Q 2023). Net loss: €180.3m (down €181.4m from profit in 3Q 2023). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 07Gp Günter Papenburg & TSR Recycling Considers Possible Takeover Bid for Salzgitter AGSalzgitter AG (XTRA:SZG) said on November 4, 2024 that Gp Günter Papenburg Aktiengesellschaft and TSR Recycling GmbH & Co. KG (Italy) is exploring a possible takeover bid. GP Guenter would submit an offer if the consortium secures at least 45% plus one share of Salzgitter’s stock, according to the statement. The range of a possible offer price has not been unveiled.
New Risk • Nov 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 5.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 117% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (5.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin).
Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improves as stock rises 34%After last week's 34% share price gain to €19.37, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 8x in the Metals and Mining industry in the United Kingdom. Total loss to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.33 per share.
お知らせ • Oct 23+ 1 more updateSalzgitter AG to Report Nine Months, 2024 Results on Nov 11, 2024Salzgitter AG announced that they will report nine months, 2024 results on Nov 11, 2024
お知らせ • Oct 01Salzgitter AG to Report Fiscal Year 2024 Results on Mar 21, 2025Salzgitter AG announced that they will report fiscal year 2024 results on Mar 21, 2025
Reported Earnings • Aug 13Second quarter 2024 earnings released: €0.64 loss per share (vs €0.34 profit in 2Q 2023)Second quarter 2024 results: €0.64 loss per share (down from €0.34 profit in 2Q 2023). Revenue: €2.57b (down 10% from 2Q 2023). Net loss: €34.8m (down 291% from profit in 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 1.2% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • May 23Upcoming dividend of €0.45 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (3.6%).
Reported Earnings • May 13First quarter 2024 earnings released: EPS: €0.24 (vs €2.57 in 1Q 2023)First quarter 2024 results: EPS: €0.24 (down from €2.57 in 1Q 2023). Revenue: €2.81b (down 5.9% from 1Q 2023). Net income: €12.9m (down 91% from 1Q 2023). Profit margin: 0.5% (down from 4.7% in 1Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 1.3% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Declared Dividend • Mar 17Dividend of €0.45 announcedShareholders will receive a dividend of €0.45. Ex-date: 30th May 2024 Payment date: 3rd June 2024 Dividend yield will be 1.9%, which is lower than the industry average of 7.3%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 47% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 16Full year 2023 earnings released: EPS: €3.70 (vs €20.00 in FY 2022)Full year 2023 results: EPS: €3.70 (down from €20.00 in FY 2022). Revenue: €11.5b (down 8.7% from FY 2022). Net income: €200.1m (down 82% from FY 2022). Profit margin: 1.7% (down from 8.6% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 5.4% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to grow by 1.1%. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Mar 15Salzgitter AG to Report Q2, 2024 Results on Aug 12, 2024Salzgitter AG announced that they will report Q2, 2024 results on Aug 12, 2024
お知らせ • Nov 14Salzgitter AG, Annual General Meeting, May 29, 2024Salzgitter AG, Annual General Meeting, May 29, 2024.
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: €0.02 (vs €3.01 in 3Q 2022)Third quarter 2023 results: EPS: €0.02 (down from €3.01 in 3Q 2022). Revenue: €2.70b (down 14% from 3Q 2022). Net income: €1.10m (down 99% from 3Q 2022). Profit margin: 0% (down from 5.2% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 4.7% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 20+ 1 more updateSalzgitter AG Updates Earnings Guidance for the Year 2023Salzgitter AG updated earnings guidance for the year 2023. For the period, the company expects pre-tax profit between EUR 200 million and EUR 250 million (previously: between EUR 300 million and EUR 400 million).
お知らせ • Sep 08+ 1 more updateSalzgitter AG to Report Fiscal Year 2023 Results on Mar 15, 2024Salzgitter AG announced that they will report fiscal year 2023 results on Mar 15, 2024
お知らせ • Sep 01Salzgitter AG Suspends Earnings Guidance for the 2023 Financial YearAurubis AG announced that its existing guidance range for the current 2022/23 financial year cannot be maintained; revised definitive guidance was not issued. On the basis of the total number of shares in issue, Salzgitter AG holds a 29.99% interest in Aurubis AG. As this interest is included at equity, the earnings trend of the participartipation in Aurubis AG has a direct bearing on the Salzgitter Group's result for the year and forms a fixed part of the Group's results planning. For this reason, the Executive Board of Salzgitter AG is also suspending its results guidance for the current financial year for the time being and will adjust it accordingly once Aurubis AG has updated its guidance.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: €0.92 (vs €7.59 in 2Q 2022)Second quarter 2023 results: EPS: €0.92 (down from €7.59 in 2Q 2022). Revenue: €3.00b (down 8.7% from 2Q 2022). Net income: €49.8m (down 88% from 2Q 2022). Profit margin: 1.7% (down from 13% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is expected to decline by 5.7% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to grow by 1.0%. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 05+ 1 more updateSalzgitter AG Announces Chief Financial Officer ChangesSalzgitter AG announced Ms. Birgit Potrafki (52) and take up the position of CFO on April 1, 2024. She succeeds Burkhard Becker (63) who will leave the company by agreement on March 31, 2024 and retire. The period spent working in parallel will ensure a seamless transition. Ms. Birgit Potrafki commands extensive experience gained in numerous management roles at the Bosch Group. Among other posts, she has held worldwide responsibility or the windscreen wiper business and was a member of the divisional board of the Electrical Drives division. Since 2021 she has held the post of Executive Vice President Finance and Administration at Robert Bosch GmbH, Division Cross-Domain Computing Solutions, and served as a member of the divisional board. Ms. Potrafki has a degree in economics, having graduated in 1997 from the Leibniz University Hanover.
Upcoming Dividend • May 19Upcoming dividend of €1.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 26 May 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 6.3% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (8.0%).
Reported Earnings • May 11First quarter 2023 earnings released: EPS: €2.57 (vs €6.80 in 1Q 2022)First quarter 2023 results: EPS: €2.57 (down from €6.80 in 1Q 2022). Revenue: €3.17b (down 5.4% from 1Q 2022). Net income: €139.1m (down 62% from 1Q 2022). Profit margin: 4.4% (down from 11% in 1Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to decline by 4.8% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 28Full year 2022 earnings released: EPS: €20.00 (vs €10.74 in FY 2021)Full year 2022 results: EPS: €20.00 (up from €10.74 in FY 2021). Revenue: €13.5b (up 39% from FY 2021). Net income: €1.08b (up 86% from FY 2021). Profit margin: 8.0% (up from 5.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 13% p.a. on average during the next 3 years compared to a 1.1% decline forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: €3.01 (vs €4.35 in 3Q 2021)Third quarter 2022 results: EPS: €3.01 (down from €4.35 in 3Q 2021). Revenue: €3.13b (up 22% from 3Q 2021). Net income: €163.1m (down 31% from 3Q 2021). Profit margin: 5.2% (down from 9.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 17% p.a. on average during the next 3 years compared to a 2.4% decline forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: €3.01 (vs €4.36 in 3Q 2021)Third quarter 2022 results: EPS: €3.01 (down from €4.36 in 3Q 2021). Revenue: €3.20b (up 25% from 3Q 2021). Net income: €163.1m (down 31% from 3Q 2021). Profit margin: 5.1% (down from 9.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 17% p.a. on average during the next 3 years compared to a 2.3% decline forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 08Salzgitter AG to Report Fiscal Year 2022 Results on Mar 27, 2023Salzgitter AG announced that they will report fiscal year 2022 results on Mar 27, 2023
Reported Earnings • Aug 12Second quarter 2022 earnings released: EPS: €7.59 (vs €2.82 in 2Q 2021)Second quarter 2022 results: EPS: €7.59 (up from €2.82 in 2Q 2021). Revenue: €3.64b (up 55% from 2Q 2021). Net income: €410.5m (up 169% from 2Q 2021). Profit margin: 11% (up from 6.5% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 11% compared to a 6.8% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Jun 22Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 44%. The fair value is estimated to be €34.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 8.9% in 2 years. Earnings is forecast to decline by 56% in the next 2 years.
Valuation Update With 7 Day Price Move • Jun 13Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to €31.10, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 6x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €31.26 per share.
Upcoming Dividend • May 27Upcoming dividend of €0.75 per shareEligible shareholders must have bought the stock before 03 June 2022. Payment date: 08 June 2022. Trailing yield: 2.0%. Lower than top quartile of British dividend payers (4.8%). Lower than average of industry peers (8.5%).
Reported Earnings • May 13First quarter 2022 earnings released: EPS: €6.80 (vs €1.38 in 1Q 2021)First quarter 2022 results: EPS: €6.80 (up from €1.38 in 1Q 2021). Revenue: €3.51b (up 68% from 1Q 2021). Net income: €367.6m (up 391% from 1Q 2021). Profit margin: 11% (up from 3.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.5%, compared to a 20% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 28Investor sentiment improved over the past weekAfter last week's 27% share price gain to €47.95, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 6x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 91% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €66.99 per share.
Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improved over the past weekAfter last week's 15% share price gain to €40.71, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 6x in the Metals and Mining industry in the United Kingdom. Total returns to shareholders of 47% over the past three years.
Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS €4.36 (vs €1.84 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €2.65b (up 63% from 3Q 2020). Net income: €235.5m (up €334.8m from 3Q 2020). Profit margin: 8.9% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Oct 28Investor sentiment improved over the past weekAfter last week's 15% share price gain to €31.67, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 7x in the Metals and Mining industry in the United Kingdom. Total loss to shareholders of 8.2% over the past three years.
Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS €2.82 (vs €1.88 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €2.40b (up 52% from 2Q 2020). Net income: €152.4m (up €253.9m from 2Q 2020). Profit margin: 6.3% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
Executive Departure • Jul 01Chairman of the Group Management Board & CEO Heinz Fuhrmann has left the companyOn the 30th of June, Heinz Fuhrmann's tenure as Chairman of the Group Management Board & CEO of the company ended after 10.4 years in the role. We don't have any record of a personal shareholding under Heinz's name. Heinz is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 4.96 years. Under Heinz's leadership, the company delivered a total shareholder return of -57%.
Reported Earnings • May 13First quarter 2021 earnings released: EPS €1.38 (vs €0.82 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €2.21b (up 7.7% from 1Q 2020). Net income: €74.9m (up €119.6m from 1Q 2020). Profit margin: 3.4% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 16Full year 2020 earnings released: €5.13 loss per share (vs €4.46 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: €7.44b (down 13% from FY 2019). Net loss: €277.3m (loss widened 15% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 97% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Feb 22New 90-day high: €24.22The company is up 38% from its price of €17.61 on 24 November 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.85 per share.
Is New 90 Day High Low • Dec 31New 90-day high: €21.80The company is up 59% from its price of €13.72 on 02 October 2020. The British market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €127 per share.
Is New 90 Day High Low • Dec 04New 90-day high: €18.55The company is up 34% from its price of €13.86 on 04 September 2020. The British market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €110 per share.
Is New 90 Day High Low • Nov 16New 90-day high: €14.99The company is up 5.0% from its price of €14.28 on 18 August 2020. The British market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €141 per share.
Analyst Estimate Surprise Post Earnings • Nov 14Revenue misses expectationsRevenue missed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 9.3%, compared to a 5.7% growth forecast for the Metals and Mining industry in the United Kingdom.
Reported Earnings • Nov 14Third quarter 2020 earnings released: €1.84 loss per shareThe company reported a soft third quarter result with weaker revenues and control over expenses, though losses reduced. Third quarter 2020 results: Revenue: €1.63b (down 23% from 3Q 2019). Net loss: €99.3m (loss narrowed 22% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 92% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Oct 07New 90-day high: €14.78The company is up 18% from its price of €12.48 on 09 July 2020. The British market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €39.40 per share.
Is New 90 Day High Low • Sep 18New 90-day high: €14.48The company is up 20% from its price of €12.05 on 19 June 2020. The British market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €26.96 per share.