Salzgitter Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair 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.

Below Fair Value: SZG (€17.43) is trading above our estimate of fair value (€11.3)

Significantly Below Fair Value: SZG is trading above our estimate of fair value.


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

SZG key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.2x
Enterprise Value/EBITDA12.9x
PEG Ration/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for SZG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.3x
TKA thyssenkrupp
0.06x-0.2%€2.0b
STO3 Sto SE KGaA
0.5x2.3%€768.5m
NDA Aurubis
0.2x4.1%€3.4b
LXS LANXESS
0.3x3.0%€1.9b
SZG Salzgitter
0.09x2.1%€942.7m

Price-To-Sales vs Peers: SZG is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.3x).


Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a27.4%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a27.4%
n/an/an/a
No more companies

Price-To-Sales vs Industry: SZG is good value based on its Price-To-Sales Ratio (0.1x) compared to the European Metals and Mining industry average (0.7x).


Price to Sales Ratio vs Fair Ratio

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

SZG PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.09x
Fair PS Ratio0.5x

Price-To-Sales vs Fair Ratio: SZG is good value based on its Price-To-Sales Ratio (0.1x) compared to the estimated Fair Price-To-Sales Ratio (0.5x).


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
Current€17.43
€18.99
+8.9%
50.5%€45.00€11.50n/a9
Nov ’25€13.87
€18.54
+33.7%
52.1%€45.00€11.50n/a9
Oct ’25€16.20
€19.44
+20.0%
47.7%€45.00€13.50n/a9
Sep ’25€15.82
€20.11
+27.1%
44.8%€45.00€14.50n/a9
Aug ’25€15.73
€21.59
+37.2%
39.9%€45.00€16.00n/a9
Jul ’25€18.16
€24.83
+36.7%
30.7%€45.00€17.40n/a9
Jun ’25€22.70
€25.23
+11.2%
29.3%€45.00€19.10n/a9
May ’25€24.20
€26.17
+8.1%
26.8%€45.00€20.70n/a9
Apr ’25€24.20
€27.09
+11.9%
25.5%€45.00€20.70n/a9
Mar ’25€23.80
€28.75
+20.8%
20.8%€45.00€21.50n/a10
Feb ’25€25.66
€28.75
+12.0%
20.8%€45.00€21.50n/a10
Jan ’25€28.00
€28.83
+3.0%
21.8%€45.00€21.50n/a9
Dec ’24€27.94
€28.88
+3.4%
21.9%€45.00€21.50n/a9
Nov ’24€23.50
€28.13
+19.7%
23.2%€45.00€21.50€13.879
Oct ’24€25.10
€29.68
+18.2%
24.3%€45.00€17.60€16.209
Sep ’24€27.46
€30.24
+10.1%
21.6%€45.00€20.20€15.829
Aug ’24€31.06
€33.50
+7.9%
17.5%€45.00€23.30€15.739
Jul ’24€33.14
€35.57
+7.3%
12.7%€45.00€29.20€18.169
Jun ’24€30.14
€35.48
+17.7%
12.9%€45.00€29.20€22.709
May ’24€35.84
€36.51
+1.9%
10.4%€45.00€31.10€24.209
Apr ’24€36.40
€36.08
-0.9%
13.0%€45.00€26.60€24.209
Mar ’24€40.54
€34.30
-15.4%
17.9%€45.00€21.20€23.809
Feb ’24€37.60
€34.30
-8.8%
17.9%€45.00€21.20€25.669
Jan ’24€28.52
€29.25
+2.6%
24.9%€45.00€18.60€28.0010
Dec ’23€27.82
€29.00
+4.2%
24.0%€45.00€20.50€27.9410
Nov ’23€23.12
€28.44
+23.0%
28.0%€45.00€19.60€23.5010

Analyst Forecast: Target price is less than 20% higher than the current share price.


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