SSAB AB (publ)

OM:SSAB A Stock Report

Market Cap: SEK 86.2b

SSAB Dividends and Buybacks

Dividend criteria checks 2/6

SSAB is a dividend paying company with a current yield of 2.33% that is well covered by earnings.

Key information

2.3%

Dividend yield

0%

Buyback Yield

Total Shareholder Yield2.3%
Future Dividend Yield3.3%
Dividend Growth10.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio37%

Recent dividend and buyback updates

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...

Recent updates

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...
Analysis Article Jul 03

We Think SSAB (STO:SSAB A) Can Stay On Top Of Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article May 20

Why Investors Shouldn't Be Surprised By SSAB AB (publ)'s (STO:SSAB A) Low P/E

When close to half the companies in Sweden have price-to-earnings ratios (or "P/E's") above 23x, you may consider SSAB...
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
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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.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: SSAB A has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: SSAB A's dividend payments have increased, but the company has only paid a dividend for 8 years.


Dividend Yield vs Market

SSAB Dividend Yield vs Market
How does SSAB A dividend yield compare to the market?
SegmentDividend Yield
Company (SSAB A)2.3%
Market Bottom 25% (SE)1.7%
Market Top 25% (SE)4.2%
Industry Average (Metals and Mining)2.3%
Analyst forecast (SSAB A) (up to 3 years)3.3%

Notable Dividend: SSAB A's dividend (2.33%) is higher than the bottom 25% of dividend payers in the Swedish market (1.68%).

High Dividend: SSAB A's dividend (2.33%) is low compared to the top 25% of dividend payers in the Swedish market (4.17%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (37.1%), SSAB A's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: SSAB A is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 03:40
End of Day Share Price 2026/05/08 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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.

AnalystInstitution
null nullABG Sundal Collier
Tom ZhangBarclays
Alessandro AbateBerenberg