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SSAB OM:SSAB A Stock Report

Last Price

SEK 44.27

Market Cap

SEK 43.4b

7D

-7.9%

1Y

-42.7%

Updated

22 Dec, 2024

Data

Company Financials +

SSAB AB (publ)

OM:SSAB A Stock Report

Market Cap: SEK 43.4b

SSAB A Stock Overview

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

SSAB A fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends3/6

Rewards

Trading at 11.1% below our estimate of its fair value

Became profitable this year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 34.9%

Risk Analysis

Earnings are forecast to decline by an average of 0.2% per year for the next 3 years

Dividend of 11.29% is not well covered by free cash flows


My Notes

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WA
Analyst Price Target
Consensus Narrative from 13 Analysts

Oxelosund And Lulea Transformations With Electric Arc Furnaces Will Boost Earnings And Margins

Key Takeaways SSAB's production transformation and focus on high-margin, niche products are expected to enhance revenue stability and net margins. Strategic R&D and decarbonization investments for eco-friendly steel aim to drive long-term cost savings and profit margin improvements.
View narrative
SEK 59.88
FV
26.1% undervalued intrinsic discount
0.80%
Revenue growth p.a.
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0users have followed this narrative
3 days ago author updated this narrative

SSAB AB (publ) Competitors

Alleima

OM:ALLEI

SEK 18.4b

Boliden

OM:BOL

SEK 83.7b

HEXPOL

OM:HPOL B

SEK 35.5b

Gränges

OM:GRNG

SEK 13.8b

Price History & Performance

Summary of share price highs, lows and changes for SSAB
Historical stock prices
Current Share PriceSEK 44.27
52 Week HighSEK 85.54
52 Week LowSEK 43.61
Beta1.07
1 Month Change-13.13%
3 Month Change-10.28%
1 Year Change-42.67%
3 Year Change-15.16%
5 Year Change33.38%
Change since IPO547.85%

Recent News & Updates

SSAB AB (publ)'s (STO:SSAB A) Price Is Out Of Tune With Revenues

Dec 10
SSAB AB (publ)'s (STO:SSAB A) Price Is Out Of Tune With Revenues

These 4 Measures Indicate That SSAB (STO:SSAB A) Is Using Debt Reasonably Well

Nov 16
These 4 Measures Indicate That SSAB (STO:SSAB A) Is Using Debt Reasonably Well

Recent updates

SSAB AB (publ)'s (STO:SSAB A) Price Is Out Of Tune With Revenues

Dec 10
SSAB AB (publ)'s (STO:SSAB A) Price Is Out Of Tune With Revenues

These 4 Measures Indicate That SSAB (STO:SSAB A) Is Using Debt Reasonably Well

Nov 16
These 4 Measures Indicate That SSAB (STO:SSAB A) Is Using Debt Reasonably Well

SSAB AB (publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Oct 26
SSAB AB (publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Estimating The Fair Value Of SSAB AB (publ) (STO:SSAB A)

Oct 23
Estimating The Fair Value Of SSAB AB (publ) (STO:SSAB A)

Returns At SSAB (STO:SSAB A) Are On The Way Up

Sep 18
Returns At SSAB (STO:SSAB A) Are On The Way Up

Estimating The Fair Value Of SSAB AB (publ) (STO:SSAB A)

Jul 03
Estimating The Fair Value Of SSAB AB (publ) (STO:SSAB A)

Returns Are Gaining Momentum At SSAB (STO:SSAB A)

Jun 15
Returns Are Gaining Momentum At SSAB (STO:SSAB A)

Is SSAB (STO:SSAB A) A Risky Investment?

May 28
Is SSAB (STO:SSAB A) A Risky Investment?

SSAB AB (publ) Just Beat EPS By 30%: Here's What Analysts Think Will Happen Next

Apr 27
SSAB AB (publ) Just Beat EPS By 30%: Here's What Analysts Think Will Happen Next

Here's What Analysts Are Forecasting For SSAB AB (publ) (STO:SSAB A) After Its Annual Results

Mar 21
Here's What Analysts Are Forecasting For SSAB AB (publ) (STO:SSAB A) After Its Annual Results

Returns On Capital Are A Standout For SSAB (STO:SSAB A)

Mar 04
Returns On Capital Are A Standout For SSAB (STO:SSAB A)

SSAB AB (publ) (STO:SSAB A) Investors Are Less Pessimistic Than Expected

Jan 21
SSAB AB (publ) (STO:SSAB A) Investors Are Less Pessimistic Than Expected

Calculating The Intrinsic Value Of SSAB AB (publ) (STO:SSAB A)

Dec 17
Calculating The Intrinsic Value Of SSAB AB (publ) (STO:SSAB A)

Is SSAB (STO:SSAB A) Using Too Much Debt?

Nov 20
Is SSAB (STO:SSAB A) Using Too Much Debt?

Estimating The Fair Value Of SSAB AB (publ) (STO:SSAB A)

Sep 12
Estimating The Fair Value Of SSAB AB (publ) (STO:SSAB A)

Is SSAB (STO:SSAB A) Weighed On By Its Debt Load?

Aug 17
Is SSAB (STO:SSAB A) Weighed On By Its Debt Load?

Is SSAB AB (publ) (STO:SSAB A) Worth kr77.1 Based On Its Intrinsic Value?

Jun 08
Is SSAB AB (publ) (STO:SSAB A) Worth kr77.1 Based On Its Intrinsic Value?

Is SSAB (STO:SSAB A) Using Debt Sensibly?

May 15
Is SSAB (STO:SSAB A) Using Debt Sensibly?

Shareholder Returns

SSAB ASE Metals and MiningSE Market
7D-7.9%-6.2%-2.7%
1Y-42.7%-17.5%4.6%

Return vs Industry: SSAB A underperformed the Swedish Metals and Mining industry which returned -17.5% over the past year.

Return vs Market: SSAB A underperformed the Swedish Market which returned 4.6% over the past year.

Price Volatility

Is SSAB A's price volatile compared to industry and market?
SSAB A volatility
SSAB A Average Weekly Movement4.2%
Metals and Mining Industry Average Movement5.2%
Market Average Movement5.6%
10% most volatile stocks in SE Market11.4%
10% least volatile stocks in SE Market3.2%

Stable Share Price: SSAB A has not had significant price volatility in the past 3 months compared to the Swedish market.

Volatility Over Time: SSAB A's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
187814,523Johnny Sjöströmwww.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?
SSAB A fundamental statistics
Market capSEK 43.36b
Earnings (TTM)SEK 7.94b
Revenue (TTM)SEK 106.27b

5.6x

P/E Ratio

0.4x

P/S Ratio

Is SSAB A overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SSAB A income statement (TTM)
RevenueSEK 106.27b
Cost of RevenueSEK 90.26b
Gross ProfitSEK 16.01b
Other ExpensesSEK 8.07b
EarningsSEK 7.94b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 29, 2025

Earnings per share (EPS)7.97
Gross Margin15.07%
Net Profit Margin7.47%
Debt/Equity Ratio9.5%

How did SSAB A perform over the long term?

See historical performance and comparison

Dividends

11.3%

Current Dividend Yield

63%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:27
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Olof GrenmarkABG Sundal Collier
Tom ZhangBarclays
Alessandro AbateBerenberg