SSAB (SSAB A) Stock Overview
Engages in the production and sale of steel products in Sweden, Finland, Germany, Poland, Denmark, Asia, the Rest of Europe, the United States, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
SSAB A Community Fair Values
Create NarrativeSee what 111 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
SSAB AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 96.04 |
| 52 Week High | SEK 103.30 |
| 52 Week Low | SEK 52.84 |
| Beta | 1.24 |
| 1 Month Change | -0.23% |
| 3 Month Change | 19.66% |
| 1 Year Change | 55.15% |
| 3 Year Change | 23.99% |
| 5 Year Change | 114.18% |
| Change since IPO | 1,305.46% |
Recent News & Updates
Narrative Update • Jul 01
SSAB A: Cleaner Steel Projects And Higher P/E Assumptions Will Support Medium Term Upside
The analyst price target for SSAB has been revised higher from SEK 106.00 to about SEK 131.06. Analysts point to updated assumptions for revenue growth, profit margins and future P/E as key drivers of the change.Analysis Article • Jun 19
SSAB (OM:SSAB A) Stock Could Be 19.3% Overvalued After Armox Powder Launch
SSAB (OM:SSAB A) is in focus after launching Armox 500 AM Powder, described as the first protection grade steel powder for additive manufacturing, along with plans to expand production capacity at its Oxelösund facility. See our latest analysis for SSAB. Against this backdrop, SSAB’s share price has pulled back over the past week, with a 7 day share price return of down 3.9% after a 1 month gain of 11.4% and a 90 day share price return of 39.9%. The 1 year total shareholder return stands at...
Narrative Update • Jun 17
SSAB A: Elevated P/E Will Struggle Against Execution Risks And Multiple Compression
The updated analyst price target for SSAB now stands at SEK 65.00, reduced from SEK 68.01. Analysts attribute this change to adjusted fair value assumptions, a slightly higher discount rate, and modest revisions to expectations for revenue growth, profit margins, and future P/E multiples.Recent updates
Narrative Update • Jul 01
SSAB A: Cleaner Steel Projects And Higher P/E Assumptions Will Support Medium Term Upside
The analyst price target for SSAB has been revised higher from SEK 106.00 to about SEK 131.06. Analysts point to updated assumptions for revenue growth, profit margins and future P/E as key drivers of the change.Analysis Article • Jun 19
SSAB (OM:SSAB A) Stock Could Be 19.3% Overvalued After Armox Powder Launch
SSAB (OM:SSAB A) is in focus after launching Armox 500 AM Powder, described as the first protection grade steel powder for additive manufacturing, along with plans to expand production capacity at its Oxelösund facility. See our latest analysis for SSAB. Against this backdrop, SSAB’s share price has pulled back over the past week, with a 7 day share price return of down 3.9% after a 1 month gain of 11.4% and a 90 day share price return of 39.9%. The 1 year total shareholder return stands at...Narrative Update • Jun 17
SSAB A: Elevated P/E Will Struggle Against Execution Risks And Multiple Compression
The updated analyst price target for SSAB now stands at SEK 65.00, reduced from SEK 68.01. Analysts attribute this change to adjusted fair value assumptions, a slightly higher discount rate, and modest revisions to expectations for revenue growth, profit margins, and future P/E multiples.
Narrative Update • Jun 08
SSAB to gain from EU protectionism against Chinese steel
Building on the narrative below, SSAB now even stands to profit from the EU's recently announced protectionist measures against artificially cheep Chinese steel products, a long-standing demand of the industry. Thus, while SSAB bestrides the elsewhere most worrisome potential trade conflict, i.e. between the US and the EU due to its facilities on both sides of the Atlantic, the Swedes will also gain protection against Chinese competition, whether warranted or not.Narrative Update • Jun 03
SSAB A: Cleaner Steel Projects And Upgrades Will Support Balanced Medium Term Upside
SSAB's analyst price target has been updated from SEK 104 to SEK 106, reflecting analysts' use of slightly higher revenue growth and profit margin assumptions, along with a modestly lower future P/E multiple in their refreshed models. Analyst Commentary Recent research updates point to a more constructive stance on SSAB, with several bullish analysts revising their models and targets to reflect updated assumptions on revenue, margins and valuation multiples.Narrative Update • May 12
SSAB A: Elevated P/E And Tight Upside Band Will Restrain Future Returns
Analysts have raised their SEK-based price target on SSAB from SEK 65.00 to about SEK 68.01. The change reflects updated views on fair value, discount rate, revenue growth, profit margins and future P/E after recent positive Street research.Analysis Article • May 01
Analysts Have Made A Financial Statement On SSAB AB (publ)'s (STO:SSAB A) First-Quarter Report
SSAB AB (publ) ( STO:SSAB A ) shareholders are probably feeling a little disappointed, since its shares fell 2.4% to...Narrative Update • Apr 20
SSAB A: Higher Multiple And Dividend Cut Will Likely Cap Future Returns
Analysts have raised the fair value estimate for SSAB from SEK 61 to SEK 65, reflecting recent price target adjustments from several banks, which now range from SEK 1 to SEK 15, as well as updated assumptions for the discount rate, revenue growth, profit margin and future P/E. Analyst Commentary Recent research on SSAB presents a mixed picture for readers weighing the raised fair value estimate against pockets of caution in the market.Narrative Update • Apr 06
SSAB A: Margin Discipline And Fossil Free Steel Deals Will Drive Upside
SSAB's latest narrative update comes alongside a modest lift in the consensus analyst price target, with several firms raising their SEK price objectives as analysts factor in adjusted assumptions on discount rates, revenue growth, profit margins and future P/E, while a few downgrades temper the overall shift in sentiment. Analyst Commentary Analyst sentiment on SSAB is mixed, but several bullish analysts have been lifting their SEK price targets in recent weeks, reflecting adjustments to assumptions on discount rates, revenue, margins and future P/E multiples.Narrative Update • Mar 23
SSAB A: Profitability Execution And Fossil Free Steel Deals Will Drive Upside
Analysts have lifted their average price target on SSAB by SEK 2, citing updated expectations for profitability, modestly higher revenue growth assumptions, and a lower future P/E multiple, even as some firms have recently shifted to more cautious ratings. Analyst Commentary Recent research on SSAB has been mixed, but there is a clearly supportive camp of bullish analysts who are willing to lift valuation targets even as some peers turn more cautious.Narrative Update • Mar 09
SSAB A: Decarbonized Steel Partnerships Will Support Higher Earnings Quality Over Time
The analyst price target for SSAB has been increased by SEK 2 to SEK 104, with analysts citing updated views on revenue growth, margins and long-term P/E assumptions following a series of recent target hikes and rating changes. Analyst Commentary Recent Street research on SSAB shows a mix of higher price targets and rating changes, giving you a view of how large institutions are currently framing the risk and reward.Narrative Update • Feb 23
SSAB A: Higher Fair Value Reflects Confidence In Decarbonized Steel Execution
Narrative Update: SSAB The updated analyst work lifts our fair value estimate for SSAB from SEK 90.0 to SEK 104.0, reflecting recent price target increases from several banks and a reported shift to higher assumed revenue growth and P/E multiples, even as analysts factor in a slightly higher discount rate and more conservative profit margins. Analyst Commentary Recent Street research on SSAB presents a mixed picture, with a clear cluster of bullish analysts lifting price targets.
Narrative Update • Feb 08
SSAB A: Future Returns Will Hinge On Low Carbon Steel Execution
The analyst price target for SSAB has been raised from SEK 70.81 to SEK 83.14, as analysts factor in updated expectations for revenue growth, discount rates, profit margins and future P/E. This adjustment draws on recent Street research that includes several target increases and a mix of rating changes across major banks.Analysis Article • Jan 31
SSAB (STO:SSAB A) Has Announced That Its Dividend Will Be Reduced To SEK2.00
SSAB AB (publ)'s ( STO:SSAB A ) dividend is being reduced from last year's payment covering the same period to SEK2.00...Narrative Update • Jan 24
SSAB A: Fossil-Free Steel Deals Will Likely Outpace Real Earnings Power
Analysts now see SSAB's fair value edging up from SEK 60.0 to SEK 61.0, reflecting recent price target increases and updated assumptions on revenue growth, profit margins, and P/E expectations, despite a mixed set of rating changes on the stock. Analyst Commentary Recent research paints a mixed picture for SSAB, with some firms lifting price targets while others adopt a more cautious stance on the shares and the assumptions behind future earnings power.Analysis Article • Jan 12
SSAB (STO:SSAB A) Is Doing The Right Things To Multiply Its Share Price
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Narrative Update • Jan 10
SSAB A: Rising Fossil-Free Steel Hype Will Likely Outrun Earnings Delivery
Our analyst fair value estimate for SSAB has been raised from SEK 52 to SEK 60, reflecting higher Street price targets clustered around the low to mid SEK 70s and analyst expectations for improved margins and earnings support at a lower future P/E multiple. Analyst Commentary Recent Street research around SSAB signals a mix of support and caution on the share price.Narrative Update • Dec 23
SSAB A: Fossil Free Steel Partnerships Will Drive Margins And Shareholder Returns
Analysts have modestly trimmed their price target on SSAB, nudging it down by SEK 2 to SEK 73. They are balancing slightly softer valuation assumptions with still constructive expectations for revenue growth and improving profit margins.Narrative Update • Dec 09
SSAB A: Future Returns Will Hinge On Low Carbon Projects And Execution
Analysts have raised their price target on SSAB to SEK 73 from SEK 70, reflecting slightly stronger assumptions for long term revenue growth, profit margins and valuation multiples, even as recent Street research has modestly trimmed targets amid a more cautious sector backdrop. Analyst Commentary Recent updates from JPMorgan and other Street sources show a mixed but generally constructive stance on SSAB, with modest target trims offset by continued confidence in the companys strategic execution and earnings power.Narrative Update • Nov 25
SSAB A: Future Results Will Depend On Execution Amid Mixed Market Signals
The analyst consensus price target for SSAB has decreased slightly from SEK 69.88 to SEK 69.65. Analysts point to modest shifts in profit margin expectations and a higher discount rate as the factors driving the adjustment.Narrative Update • Oct 08
HYBRIT Initiative And European Demand Will Advance Decarbonized Steel
Analysts have raised their price target for SSAB from SEK 68.46 to SEK 69.88. This change reflects updated assumptions on profit margin and discount rate in their latest valuation assessment.Analysis Article • Oct 02
We Think SSAB (STO:SSAB A) Can Stay On Top Of Its Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Sep 03
Improved Earnings Required Before SSAB AB (publ) (STO:SSAB A) Shares Find Their Feet
When close to half the companies in Sweden have price-to-earnings ratios (or "P/E's") above 23x, you may consider SSAB...Analysis Article • Aug 13
A Look At The Intrinsic Value Of SSAB AB (publ) (STO:SSAB A)
Key Insights Using the Dividend Discount Model, SSAB fair value estimate is kr61.78 With kr57.50 share price, SSAB...Analysis Article • Jul 26
SSAB AB (publ) Just Missed Revenue By 5.3%: Here's What Analysts Think Will Happen Next
It's shaping up to be a tough period for SSAB AB (publ) ( STO:SSAB A ), which a week ago released some disappointing...Analysis Article • Jul 24
The Return Trends At SSAB (STO:SSAB A) Look Promising
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...New Narrative • Mar 20
SSAB in pole position when it comes to the combination of steel tariffs and the EU's investment drive
Sweden's traditional steel mill, SSAB is in an enviable position relative to its peers - for three reasons:1) Its plants are strategically well placed on both sides of the Atlantic; thus, it will not
New Narrative • Dec 13
Oxelosund And Lulea Transformations With Electric Arc Furnaces Will Boost Earnings And Margins
SSAB's production transformation and focus on high-margin, niche products are expected to enhance revenue stability and net margins.Shareholder Returns
| SSAB A | SE Metals and Mining | SE Market | |
|---|---|---|---|
| 7D | 2.1% | -0.6% | -1.8% |
| 1Y | 55.2% | 54.4% | 10.1% |
Return vs Industry: SSAB A exceeded the Swedish Metals and Mining industry which returned 52.5% over the past year.
Return vs Market: SSAB A exceeded the Swedish Market which returned 8.7% over the past year.
Price Volatility
| SSAB A volatility | |
|---|---|
| SSAB A Average Weekly Movement | 4.5% |
| Metals and Mining Industry Average Movement | 6.8% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in SE Market | 12.5% |
| 10% least volatile stocks in SE Market | 3.5% |
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 (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1878 | 14,650 | Johnny Sjöström | www.ssab.com |
SSAB AB (publ) engages in the production and sale of steel products in Sweden, Finland, Germany, Poland, Denmark, Asia, the 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.
SSAB AB (publ) Fundamentals Summary
| SSAB A fundamental statistics | |
|---|---|
| Market cap | SEK 95.56b |
| Earnings (TTM) | SEK 5.38b |
| Revenue (TTM) | SEK 96.03b |
17.8x
P/E Ratio1.0x
P/S RatioIs SSAB A overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SSAB A income statement (TTM) | |
|---|---|
| Revenue | SEK 96.03b |
| Cost of Revenue | SEK 82.87b |
| Gross Profit | SEK 13.17b |
| Other Expenses | SEK 7.79b |
| Earnings | SEK 5.38b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Jul 22, 2026
| Earnings per share (EPS) | 5.40 |
| Gross Margin | 13.71% |
| Net Profit Margin | 5.60% |
| Debt/Equity Ratio | 12.2% |
How did SSAB A perform over the long term?
See historical performance and comparisonDividends
2.1%
Current Dividend Yield37%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/10 00:23 |
| End of Day Share Price | 2026/07/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
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 Github.
Analyst Sources
SSAB AB (publ) is covered by 34 analysts. 15 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 |
|---|---|
| null null | ABG Sundal Collier |
| Alessandro Abate | Berenberg |
| Tristan Gresser | BNP Paribas |