Salzgitter AG

XTRA:SZG Voorraadrapport

Marktkapitalisatie: €3.0b

Salzgitter Toekomstige groei

Future criteriumcontroles 3/6

Salzgitter zal naar verwachting groeien in winst en omzet met respectievelijk 40.7% en 3.9% per jaar. De winst per aandeel zal naar verwachting groeien met 40.5% per jaar. Het rendement op het eigen vermogen zal over 3 jaar naar verwachting 7.3% zijn.

Belangrijke informatie

40.7%

Groei van de winst

40.53%

Groei van de winst per aandeel

Metals and Mining winstgroei18.2%
Inkomstengroei3.9%
Toekomstig rendement op eigen vermogen7.25%
Dekking van analisten

Good

Laatst bijgewerkt19 May 2026

Recente toekomstige groei-updates

Recent updates

Narratiefupdate 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.
Narratiefupdate 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.
Narratiefupdate 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.
Narratiefupdate 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.
Narratiefupdate 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.
Narratiefupdate 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.
Narratiefupdate 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.
Narratiefupdate 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.
Narratiefupdate 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.
Narratiefupdate 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.
Narratiefupdate 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.
Narratiefupdate 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.
Narratiefupdate 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.
Narratiefupdate 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.
Narratiefupdate 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.
Narratiefupdate 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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Nieuw narratief 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.
Analyseartikel 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...
Analyseartikel 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...
Analyseartikel 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...
Analyseartikel 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...
Analyseartikel 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...
Analyseartikel 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...
Analyseartikel 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...
Analyseartikel 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...
Analyseartikel 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...
Analyseartikel 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...
Analyseartikel 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...
Analyseartikel Oct 06

There Are Reasons To Feel Uneasy About Salzgitter's (ETR:SZG) Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Analyseartikel Sep 11

Salzgitter (ETR:SZG) Seems To Be Using A Lot Of Debt

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

Winst- en omzetgroeiprognoses

XTRA:SZG - Toekomstschattingen van analisten en financiële gegevens uit het verleden (EUR Millions )
DatumInkomstenInkomstenVrije kasstroomGeldmiddelen uit operationele activiteitenGem. Aantal analisten
12/31/202810,1723961707404
12/31/202710,041349-225986
12/31/20269,361245-1514136
3/31/20268,99742-70626N/A
12/31/20258,981-74-195505N/A
9/30/20259,150-200-289818N/A
6/30/20259,433-421-463627N/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
3/31/20208,337-381-40754N/A
12/31/20198,547-241N/A251N/A
9/30/20198,98450N/A325N/A
6/30/20199,187235N/A332N/A
3/31/20199,260305N/A481N/A
12/31/20189,278274N/A528N/A
9/30/20189,108272N/A436N/A
6/30/20188,991261N/A516N/A
3/31/20188,974207N/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
6/30/20158,813145N/A468N/A

Toekomstige groeivoorspellingen analisten

Verdiensten versus spaarpercentage: De verwachte winstgroei SZG ( 40.7% per jaar) ligt boven de spaarquote ( 1.9% ).

Winst versus markt: De winst van SZG ( 40.7% per jaar) zal naar verwachting sneller groeien dan de German markt ( 17% per jaar).

Hoge groeiwinsten: De winst van SZG zal naar verwachting de komende 3 jaar aanzienlijk groeien.

Omzet versus markt: De omzet van SZG ( 3.9% per jaar) zal naar verwachting langzamer groeien dan de markt German ( 6.8% per jaar).

Hoge groei-inkomsten: De omzet van SZG ( 3.9% per jaar) zal naar verwachting langzamer groeien dan 20% per jaar.


Groeiprognoses winst per aandeel


Toekomstig rendement op eigen vermogen

Toekomstige ROE: Het rendement op eigen vermogen SZG zal naar verwachting over 3 jaar laag zijn ( 7.3 %).


Ontdek groeibedrijven

Bedrijfsanalyse en status van financiële gegevens

GegevensLaatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse2026/05/21 12:01
Aandelenkoers aan het einde van de dag2026/05/21 00:00
Inkomsten2026/03/31
Jaarlijkse inkomsten2025/12/31

Gegevensbronnen

De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.

PakketGegevensTijdframeVoorbeeld Amerikaanse bron *
Financiële gegevens bedrijf10 jaar
  • Resultatenrekening
  • Kasstroomoverzicht
  • Balans
Consensus schattingen analisten+3 jaar
  • Financiële prognoses
  • Koersdoelen analisten
Marktprijzen30 jaar
  • Aandelenprijzen
  • Dividenden, splitsingen en acties
Eigendom10 jaar
  • Top aandeelhouders
  • Handel met voorkennis
Beheer10 jaar
  • Leiderschapsteam
  • Raad van bestuur
Belangrijkste ontwikkelingen10 jaar
  • Bedrijfsaankondigingen

* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.

Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.

Analysemodel en Snowflake

Details van het analysemodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina. We hebben ook handleidingen over hoe je onze rapporten kunt gebruiken en tutorials op YouTube.

Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.

Industrie en sector

Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.

Bronnen van analisten

Salzgitter AG wordt gevolgd door 23 analisten. 8 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.

AnalistInstelling
David Simon ButlerBarclays
John KleinBerenberg
Tristan GresserBNP Paribas