SSABAH Stock Overview

Produces and sells steel products in Sweden, Finland, Rest of Europe, the United States, and internationally. More details

SSABAH fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 8.9% below our estimate of its fair value

Became profitable this year

Risk Analysis

Earnings are forecast to decline by an average of 7.6% per year for the next 3 years

Shares are highly illiquid

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

SSAB AB (publ) Competitors

Novolipetsk Steel

LSE:NLMK

US$4.1b

Hill & Smith

LSE:HILS

UK£1.5b

EVRAZ

LSE:EVR

UK£1.2b

Ecora Resources

LSE:ECOR

UK£157.1m

Price History & Performance

Summary of share price highs, lows and changes for SSAB
Historical stock prices
Current Share Price	SEK 5.21
52 Week High	SEK 0
52 Week Low	SEK 0
Beta	1.07
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	104.31%
Change since IPO	-5.44%

Recent updates

Shareholder Returns

	SSABAH	GB Metals and Mining	GB Market
7D	0%	-6.1%	-1.5%
1Y	n/a	-11.7%	3.5%

Return vs Industry: Insufficient data to determine how SSABAH performed against the UK Metals and Mining industry.

Return vs Market: Insufficient data to determine how SSABAH performed against the UK Market.

Price Volatility

Is SSABAH's price volatile compared to industry and market?
SSABAH volatility
SSABAH Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	8.0%
Market Average Movement	4.9%
10% most volatile stocks in GB Market	10.6%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: SSABAH has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine SSABAH's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1878	14,486	Martin Lindqvist	www.ssab.com/en

SSAB AB (publ) produces and sells steel products in Sweden, Finland, Rest of Europe, the United States, and internationally. It operates through five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The SSAB Special Steels segment offers quenched and tempered steels, and advanced high-strength steel products for steel and plate production.

SSAB AB (publ) Fundamentals Summary

How do SSAB's earnings and revenue compare to its market cap?
SSABAH fundamental statistics
Market cap	€4.19b
Earnings (TTM)	€915.27m
Revenue (TTM)	€9.79b

4.6x

P/E Ratio

0.4x

P/S Ratio

Is SSABAH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SSABAH income statement (TTM)
Revenue	SEK 111.24b
Cost of Revenue	SEK 91.90b
Gross Profit	SEK 19.34b
Other Expenses	SEK 8.94b
Earnings	SEK 10.40b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 23, 2024

Earnings per share (EPS)	10.43
Gross Margin	17.38%
Net Profit Margin	9.35%
Debt/Equity Ratio	9.7%

How did SSABAH perform over the long term?

See historical performance and comparison

Dividends

10.3%

Current Dividend Yield

49%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/09/21 13:14
End of Day Share Price	2024/06/24 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

SSAB AB (publ) is covered by 46 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Olof Grenmark	ABG Sundal Collier
Tom Zhang	Barclays
Alessandro Abate	Berenberg