Salzgitter AG

SWX:SZG Stock Report

Market Cap: CHF 3.1b

Salzgitter Valuation

Is SZG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of SZG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: SZG (CHF59.35) is trading above our estimate of future cash flow value (CHF32.22)

Significantly Below Future Cash Flow Value: SZG is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SZG?

Key metric: As SZG is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for SZG. This is calculated by dividing SZG's market cap by their current earnings.
What is SZG's PE Ratio?
PE Ratio80.9x
Earnings€42.00m
Market Cap€3.40b

Price to Earnings Ratio vs Peers

How does SZG's PE Ratio compare to its peers?

The above table shows the PE ratio for SZG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.9x
000932 Hunan Valin Steel
11.5x24.95%CN¥25.8b
EMSN EMS-CHEMIE HOLDING
34.6x4.66%CHF 16.3b
600282 Nanjing Iron & Steel
10.4x9.40%CN¥30.0b
000959 Beijing Shougang
31x36.64%CN¥26.1b
SZG Salzgitter
80.9x41.17%CHF 3.4b

Price-To-Earnings vs Peers: SZG is expensive based on its Price-To-Earnings Ratio (80.9x) compared to the peer average (22.3x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does SZG's PE Ratio compare vs other companies in the European Metals and Mining Industry?

20 CompaniesPrice / EarningsEstimated GrowthMarket Cap
SZG 80.9xIndustry Avg. 18.7xNo. of Companies20PE01224364860+
20 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SZG is expensive based on its Price-To-Earnings Ratio (80.9x) compared to the European Metals and Mining industry average (18.7x).

Price to Earnings Ratio vs Fair Ratio

What is SZG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SZG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio80.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SZG's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SZG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 59.35
CHF 55.61
-6.31%
20.04%CHF 68.59CHF 28.72n/a9
Jun ’27CHF 55.15
CHF 55.61
+0.83%
20.04%CHF 68.59CHF 28.72n/a9
May ’27CHF 44.20
CHF 46.39
+4.96%
22.80%CHF 62.55CHF 28.88n/a9
Apr ’27CHF 32.18
CHF 42.91
+33.36%
18.00%CHF 55.23CHF 28.90n/a9
Mar ’27CHF 48.48
CHF 44.64
-7.91%
22.95%CHF 58.17CHF 26.36n/a9
Feb ’27n/a
CHF 42.15
0%
24.29%CHF 58.63CHF 26.56n/a9
Jan ’27n/a
CHF 32.16
0%
26.47%CHF 46.97CHF 19.26n/a8
Dec ’26n/a
CHF 27.24
0%
24.62%CHF 38.75CHF 19.14n/a8
Nov ’26n/a
CHF 23.16
0%
27.09%CHF 36.97CHF 14.88n/a8
Oct ’26n/a
CHF 21.60
0%
36.35%CHF 42.06CHF 14.49n/a9
Sep ’26n/a
CHF 21.50
0%
37.57%CHF 42.33CHF 14.58n/a9
Aug ’26n/a
CHF 21.68
0%
36.91%CHF 41.97CHF 14.46n/a9
Jul ’26n/a
CHF 21.66
0%
36.09%CHF 42.05CHF 14.48n/a9
Jun ’26n/a
CHF 21.37
0%
36.98%CHF 42.03CHF 14.48CHF 55.159
May ’26n/a
CHF 21.10
0%
37.61%CHF 41.71CHF 13.44CHF 44.209
Apr ’26n/a
CHF 21.21
0%
41.60%CHF 42.87CHF 9.53CHF 32.189
Mar ’26n/a
CHF 18.35
0%
49.14%CHF 42.57CHF 9.46CHF 48.489
Feb ’26n/a
CHF 18.35
0%
49.14%CHF 42.57CHF 9.46n/a9
Jan ’26n/a
CHF 18.05
0%
48.13%CHF 41.75CHF 11.60n/a9
Dec ’25n/a
CHF 17.74
0%
50.63%CHF 42.10CHF 10.76n/a9
Nov ’25n/a
CHF 17.33
0%
52.10%CHF 42.06CHF 10.75n/a9
Oct ’25n/a
CHF 18.29
0%
47.68%CHF 42.33CHF 12.70n/a9
Sep ’25CHF 28.50
CHF 19.04
-33.20%
44.75%CHF 42.60CHF 13.73n/a9
Aug ’25CHF 28.50
CHF 20.35
-28.59%
39.93%CHF 42.42CHF 15.08n/a9
Jul ’25CHF 28.50
CHF 23.90
-16.15%
30.74%CHF 43.30CHF 16.74n/a9
Jun ’25CHF 28.50
CHF 24.95
-12.45%
29.25%CHF 44.50CHF 18.89n/a9
CHF 57.46
Fair Value
3.3% overvalued intrinsic discount
9
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/08 18:49
End of Day Share Price 2026/06/05 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Salzgitter AG is covered by 23 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David Simon ButlerBarclays
John KleinBerenberg
Tristan GresserBNP Paribas