Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. More Details
Adequate balance sheet and fair value.
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 is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: SZG's weekly volatility (6%) has been stable over the past year.
7 Day Return
DE Metals and Mining
1 Year Return
DE Metals and Mining
Return vs Industry: SZG exceeded the German Metals and Mining industry which returned 40.6% over the past year.
Return vs Market: SZG exceeded the German Market which returned 29.5% over the past year.
Long-Term 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
1 week ago | Simply Wall StIf You Had Bought Salzgitter (ETR:SZG) Shares A Year Ago You'd Have Earned 91% Returns
1 month ago | Simply Wall StHere's What Salzgitter AG's (ETR:SZG) Shareholder Ownership Structure Looks Like
2 months ago | Simply Wall StHealth Check: How Prudently Does Salzgitter (ETR:SZG) Use Debt?
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 (€26.58) is trading below our estimate of fair value (€151)
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 European 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 (0.5x) compared to the DE Metals and Mining industry average (0.8x).
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's earnings are forecast to decline over the next 3 years (-3.4% per year).
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 is expected to decline over the next 3 years (-2.8% per year).
High Growth Revenue: SZG's revenue is forecast to decline over the next 3 years (-2.8% 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 (6.4%).
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 36.5% 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 (22%).
Return on Equity
High ROE: SZG has a negative Return on Equity (-5.42%), as it is currently unprofitable.
How is Salzgitter's financial position?
Financial Position Analysis
Short Term Liabilities: SZG's short term assets (€4.4B) exceed its short term liabilities (€2.4B).
Long Term Liabilities: SZG's short term assets (€4.4B) exceed its long term liabilities (€3.3B).
Debt to Equity History and Analysis
Debt Level: SZG's debt to equity ratio (39.5%) is considered satisfactory.
Reducing Debt: SZG's debt to equity ratio has increased from 34.2% to 39.5% over the past 5 years.
Debt Coverage: SZG's debt is well covered by operating cash flow (24.1%).
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?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SZG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SZG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SZG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SZG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SZG is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SZG's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Heinz Fuhrmann (65 yo)
Prof. Dr. Ing. Heinz Jorg Fuhrmann serves as Independent Director at Outokumpu Oyj since March 31, 2021. He has been the Chairman of the Group Management Board and Chief Executive Officer at Salzgitter AG ...
CEO Compensation Analysis
Compensation vs Market: Heinz's total compensation ($USD3.30M) is above average for companies of similar size in the German market ($USD1.67M).
Compensation vs Earnings: Heinz's compensation has been consistent with company performance over the past year.
Experienced Management: SZG's management team is seasoned and experienced (5 years average tenure).
Experienced Board: SZG's board of directors are considered experienced (8.1 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: €1.385b
- Shares outstanding: 54.09m
- Website: https://www.salzgitter-ag.com
Number of Employees
- Salzgitter AG
- Eisenhuettenstrasse 99
- Lower Saxony
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||2021/06/17 22:17|
|End of Day Share Price||2021/06/17 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.