Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. More Details
Fair value with moderate growth potential.
Share Price & News
How has Salzgitter's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SZG has not had significant price volatility in the past 3 months.
7 Day Return
DE Metals and Mining
1 Year Return
DE Metals and Mining
Return vs Industry: SZG underperformed the German Metals and Mining industry which returned 19% over the past year.
Return vs Market: SZG underperformed the German Market which returned 3.9% over the past year.
Price Volatility Vs. Market
How volatile is Salzgitter's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StWhat Type Of Returns Would Salzgitter's(ETR:SZG) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
4 weeks ago | Simply Wall StSalzgitter AG (ETR:SZG) Investors Should Think About This Before Buying It For Its Dividend
1 month ago | Simply Wall StA Quick Analysis On Salzgitter's (ETR:SZG) CEO Salary
Is Salzgitter undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SZG (€14.29) is trading below our estimate of fair value (€40.54)
Significantly Below Fair Value: SZG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SZG is unprofitable, so we can't compare its PE Ratio to the XE Metals and Mining industry average.
PE vs Market: SZG is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SZG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SZG is good value based on its PB Ratio (0.3x) compared to the XE Metals and Mining industry average (1.3x).
How is Salzgitter forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SZG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).
Earnings vs Market: SZG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SZG's is expected to become profitable in the next 3 years.
Revenue vs Market: SZG's revenue (4.5% per year) is forecast to grow slower than the German market (6.1% per year).
High Growth Revenue: SZG's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SZG's Return on Equity is forecast to be low in 3 years time (3.8%).
How has Salzgitter performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SZG is currently unprofitable.
Growing Profit Margin: SZG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SZG is unprofitable, and losses have increased over the past 5 years at a rate of 19% per year.
Accelerating Growth: Unable to compare SZG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SZG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-21.3%).
Return on Equity
High ROE: SZG has a negative Return on Equity (-17.12%), as it is currently unprofitable.
How is Salzgitter's financial position?
Financial Position Analysis
Short Term Liabilities: SZG's short term assets (€4.0B) exceed its short term liabilities (€1.8B).
Long Term Liabilities: SZG's short term assets (€4.0B) exceed its long term liabilities (€3.6B).
Debt to Equity History and Analysis
Debt Level: SZG's debt to equity ratio (34.4%) is considered satisfactory.
Reducing Debt: SZG's debt to equity ratio has increased from 28.5% to 34.4% over the past 5 years.
Debt Coverage: SZG's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: Insufficient data to determine if SZG's interest payments on its debt are well covered by EBIT.
What is Salzgitter current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SZG's dividend (1.4%) is higher than the bottom 25% of dividend payers in the German market (1.18%).
High Dividend: SZG's dividend (1.4%) is low compared to the top 25% of dividend payers in the German market (3.71%).
Stability and Growth of Payments
Stable Dividend: SZG's dividend payments have been volatile in the past 10 years.
Growing Dividend: SZG's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: SZG is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: SZG's dividends in 3 years are forecast to be thoroughly covered by earnings (11.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Heinz Fuhrmann (64 yo)
Prof. Dr. Ing. Heinz Jorg Fuhrmann has been the Chairman of the Group Management Board and Chief Executive Officer at Salzgitter AG since February 1, 2011. Prof. Dr. Ing. Fuhrmann has been with Salzgitter ...
CEO Compensation Analysis
Compensation vs Market: Heinz's total compensation ($USD3.33M) is above average for companies of similar size in the German market ($USD1.29M).
Compensation vs Earnings: Heinz's compensation has increased whilst the company is unprofitable.
|Chairman of the Group Management Board & CEO||9.67yrs||€2.83m||no data|
|CFO & Member of the Group Management Board||4.67yrs||€1.61m||no data|
|Chief Personnel Officer & Member of the Group Management Board||7.67yrs||€1.60m||no data|
|Strip Steel Business Unit Manager & Member of the Group Management Board||no data||no data||no data|
|Trading Business Unit Manager & Member of the Group Management Board||4yrs||no data||no data|
|Head of the Group Technology Business Unit & Member of Group Management Board||1yr||no data||no data|
|Head of the Group’s Plate/Section Steel Business Unit & Member of the Group Management Board||1yr||no data||no data|
|Chief Information Officer of IT-Strategie||no data||no data||no data|
|Head of Investor Relations||no data||no data||no data|
|Spokesman and Head of Corporate Communications||9.08yrs||no data||no data|
|Senior Investor Relations Manager||no data||no data||no data|
Experienced Management: SZG's management team is considered experienced (4.7 years average tenure).
|Independent Member of the Supervisory Board||7.42yrs||€74.00k||no data|
|Independent Member of the Supervisory Board||12.42yrs||€62.00k||no data|
|Independent Chairman of the Supervisory Board||4.5yrs||€184.50k||no data|
|Member of the Supervisory Board||14.25yrs||€74.50k||no data|
|Independent Member of the Supervisory Board||12.42yrs||€62.00k||no data|
|Vice Chairman of the Supervisory Board||9.17yrs||€124.50k||no data|
|Independent Member of the Supervisory Board||7.42yrs||€61.00k||no data|
|Member of the Supervisory Board||9.17yrs||€79.00k||no data|
|Member of the Supervisory Board||8.08yrs||€61.50k||no data|
|Member of the Supervisory Board||7.42yrs||€76.58k||no data|
|Member of the Supervisory Board||7.42yrs||€61.50k||no data|
|Independent Member of the Supervisory Board||2.92yrs||€94.00k||no data|
Experienced Board: SZG's board of directors are considered experienced (7.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Salzgitter AG's company bio, employee growth, exchange listings and data sources
- Name: Salzgitter AG
- Ticker: SZG
- Exchange: XTRA
- Founded: 1858
- Industry: Steel
- Sector: Materials
- Market Cap: €772.908m
- Shares outstanding: 54.09m
- Website: https://www.salzgitter-ag.com
Number of Employees
- Salzgitter AG
- EisenhUettenstrasse 99
- Lower Saxony
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SZGP.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|SZG||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|SZG||XTRA (XETRA Trading Platform)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|0G77||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|SZGD||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|SZG||SWX (SIX Swiss Exchange)||Yes||Ordinary Shares||CH||CHF||Jan 1992|
|SZG||WBAG (Wiener Boerse AG)||Yes||Ordinary Shares||AT||EUR||Jan 1992|
|SZGP.Y||OTCPK (Pink Sheets LLC)||UNSPONSORED ADR||US||USD||Nov 2008|
|SZGA||BST (Boerse-Stuttgart)||UNSPONSORED ADR||DE||EUR||Nov 2008|
Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through five segments: Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/19 21:16|
|End of Day Share Price||2020/10/19 00:00|
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 here.