SSAB (LSE:0KII) - Stock Price, News & Analysis

0KII Stock Overview

SSAB AB (publ) produces and sells steel products in Sweden, Finland, Rest of Europe, the United States, and internationally.

About the company

0KII fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	4/6

Rewards

Price-To-Earnings ratio (5.4x) is below the UK market (15.9x)

Became profitable this year

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 11.9% per year for the next 3 years

Unstable dividend track record

SSAB AB (publ) Competitors

Novolipetsk Steel

LSE:NLMK

US$4.1b

Hill & Smith

LSE:HILS

UK£1.5b

EVRAZ

LSE:EVR

UK£1.2b

Castings

LSE:CGS

UK£158.6m

Price History & Performance

Summary of all time highs, changes and price drops for SSAB
Historical stock prices
Current Share Price	kr65.28
52 Week High	kr85.48
52 Week Low	kr54.82
Beta	1.15
1 Month Change	-20.59%
3 Month Change	-12.97%
1 Year Change	-4.95%
3 Year Change	40.78%
5 Year Change	82.56%
Change since IPO	-66.95%

Recent updates

Shareholder Returns

	0KII	GB Metals and Mining	GB Market
7D	-0.4%	0.3%	2.3%
1Y	-4.9%	3.8%	0.6%

Return vs Industry: 0KII underperformed the UK Metals and Mining industry which returned 3.1% over the past year.

Return vs Market: 0KII underperformed the UK Market which returned 0.3% over the past year.

Price Volatility

Is 0KII's price volatile compared to industry and market?
0KII volatility
0KII Average Weekly Movement	4.6%
Metals and Mining Industry Average Movement	8.5%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	11.3%
10% least volatile stocks in GB Market	2.7%

Stable Share Price: 0KII's share price has been volatile over the past 3 months.

Volatility Over Time: 0KII's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1878	14,496	n/a	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?
0KII fundamental statistics
Market cap	kr64.25b
Earnings (TTM)	kr11.90b
Revenue (TTM)	kr114.73b

5.4x

P/E Ratio

0.6x

P/S Ratio

Is 0KII overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0KII income statement (TTM)
Revenue	kr114.73b
Cost of Revenue	kr93.58b
Gross Profit	kr21.15b
Other Expenses	kr9.25b
Earnings	kr11.90b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 24, 2024

Earnings per share (EPS)	11.94
Gross Margin	18.44%
Net Profit Margin	10.37%
Debt/Equity Ratio	11.0%

How did 0KII perform over the long term?

See historical performance and comparison

Dividends

7.8%

Current Dividend Yield

43%

Payout Ratio

Does 0KII pay a reliable dividends?

See 0KII dividend history and benchmarks

When do you need to buy 0KII by to receive an upcoming dividend?
SSAB dividend dates
Ex Dividend Date	Apr 25 2024
Dividend Pay Date	May 02 2024
Days until Ex dividend	0 days
Days until Dividend pay date	7 days

Does 0KII pay a reliable dividends?

See 0KII dividend history and benchmarks

0KII Stock Overview

Rewards

Risk Analysis

SSAB AB (publ) Competitors

LSE:NLMK

US$4.1b

LSE:HILS

UK£1.5b

LSE:EVR

UK£1.2b

LSE:CGS

UK£158.6m

Price History & Performance

Recent News & Updates

First quarter 2024 earnings released: EPS: kr2.57 (vs kr3.59 in 1Q 2023)

Upcoming dividend of kr5.00 per share

SSAB AB Announces CEO Martin Lindqvist Is Leaving the Company

SSAB Launches World's First Emission-Free Steel Powder

Full year 2023 earnings released: EPS: kr12.67 (vs kr10.57 loss in FY 2022)

SSAB AB (publ) to Report Fiscal Year 2023 Results on Mar 18, 2024

Recent updates

First quarter 2024 earnings released: EPS: kr2.57 (vs kr3.59 in 1Q 2023)

Upcoming dividend of kr5.00 per share

SSAB AB Announces CEO Martin Lindqvist Is Leaving the Company

SSAB Launches World's First Emission-Free Steel Powder

Full year 2023 earnings released: EPS: kr12.67 (vs kr10.57 loss in FY 2022)

SSAB AB (publ) to Report Fiscal Year 2023 Results on Mar 18, 2024

SSAB AB (publ) Proposes Dividend, Payable on May 2, 2024

Dividend reduced to kr5.00

Full year 2023 earnings released: EPS: kr12.67 (vs kr10.57 loss in FY 2022)

SSAB AB (publ) Proposes Dividend

SSAB AB (publ) Proposes Dividend

SSAB AB (publ) (OM:SSAB A) commences an Equity Buyback Plan, under the authorization approved on April 18, 2023.

Third quarter 2023 earnings released: EPS: kr3.41 (vs kr4.93 in 3Q 2022)

SSAB AB (publ) to Report Fiscal Year 2023 Results on Jan 31, 2024

SSAB to Showcase Hardox Wear Plate at Mining Indonesia

Second quarter 2023 earnings released

SSAB AB (publ) Announces Executive Changes, Effective July 1, 2023

SSAB AB (publ) Appoints Lars Sjöbring as EVP and Head of Legal Affairs and General Counsel and A Member of the Group Executive Committee, Effective May 15, 2023

Upcoming dividend of kr8.70 per share at 11% yield

Full year 2022 earnings released: kr10.57 loss per share (vs kr14.24 profit in FY 2021)

SSAB AB (Publ) Announces Resignation of Jonas Bergstrand as General Counsel

SSAB AB (publ) Proposes Dividend for the Year 2022

Third quarter 2022 earnings released: EPS: kr4.93 (vs kr4.35 in 3Q 2021)

Investor sentiment improves as stock rises 15%

High number of new directors

Third quarter 2022 earnings released

Ssab to Showcase its Corrosive Wear Steel - Hardox® HiAce

SSAB AB (publ) to Report Nine Months, 2023 Results on Oct 25, 2023

SSAB AB (publ), Annual General Meeting, Apr 18, 2023

Second quarter 2022 earnings released

SSAB Announces Latest Generation of Wear Plate Hardox(R) 500 Tuf at the Upcoming Queensland Mining Expo 2022

Investor sentiment deteriorated over the past week

Ssab AB (Publ) Appoints Leena Craelius as CFO

Less than half of directors are independent

SSAB AB (publ) Approves Dividend for 2021

Upcoming dividend of kr5.25 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Investor sentiment improved over the past week

SSAB AB (publ) Proposes Dividend, Payable on April 13, 2022

SSAB Introduces New Authentication Measures for Hardox(R) in My Body

SSAB AB (publ) Proposes Dividend

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS kr4.35 (vs kr0.72 loss in 3Q 2020)

SSAB Introduces Its Newest Innovations, Hardox 500 Tuf and Hardox HiAce, to Overcome Major Challenges Imposed in Indonesia's Mining and Infrastructure

Second quarter 2021 earnings released

Insider recently bought kr116k worth of stock

Insider recently bought kr116k worth of stock

Insider recently bought kr116k worth of stock

An unknown buyer acquired 4.3% stake in SSAB AB (publ) (OM:SSAB A) for SEK 2 billion.

First quarter 2021 earnings released: EPS kr1.46 (vs kr0.17 in 1Q 2020)

Director has left the company

Full year 2020 earnings released: kr0.49 loss per share (vs kr1.04 profit in FY 2019)

SSAB Appoints Karl-Petter Thorwaldsson as Senior Advisor

New 90-day high: kr37.54

Full year 2020 earnings released: kr0.49 loss per share (vs kr1.04 profit in FY 2019)

Revenue beats expectations

SSAB Concludes IJmuiden Discussions with Tata Steel

Tata Steel's Plan to Offload Dutch Ops Hits a Roadblock