Steelcase Inc. manufactures and sells integrated furniture settings, user-centered technologies, and interior architectural products. More Details
Solid track record with adequate balance sheet.
Share Price & News
How has Steelcase's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SCS has not had significant price volatility in the past 3 months.
7 Day Return
US Commercial Services
1 Year Return
US Commercial Services
Return vs Industry: SCS underperformed the US Commercial Services industry which returned 9.2% over the past year.
Return vs Market: SCS underperformed the US Market which returned 14.5% over the past year.
Price Volatility Vs. Market
How volatile is Steelcase's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StShould You Investigate Steelcase Inc. (NYSE:SCS) At US$10.41?
3 months ago | Simply Wall StOne Thing To Remember About The Steelcase Inc. (NYSE:SCS) Share Price
4 months ago | Simply Wall StShould You Rely On Steelcase's (NYSE:SCS) Earnings Growth?
Is Steelcase undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SCS ($10.79) is trading above our estimate of fair value ($6.4)
Significantly Below Fair Value: SCS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SCS is good value based on its PE Ratio (9x) compared to the US Commercial Services industry average (28.6x).
PE vs Market: SCS is good value based on its PE Ratio (9x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: SCS's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: SCS is good value based on its PB Ratio (1.4x) compared to the US Commercial Services industry average (1.5x).
How is Steelcase forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SCS's earnings are forecast to decline over the next 3 years (-43.7% per year).
Earnings vs Market: SCS's earnings are forecast to decline over the next 3 years (-43.7% per year).
High Growth Earnings: SCS's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SCS's revenue is expected to decline over the next 3 years (-3.2% per year).
High Growth Revenue: SCS's revenue is forecast to decline over the next 3 years (-3.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SCS's Return on Equity is forecast to be high in 3 years time
How has Steelcase performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SCS has high quality earnings.
Growing Profit Margin: SCS's current net profit margins (4.1%) are higher than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: SCS's earnings have grown by 2.6% per year over the past 5 years.
Accelerating Growth: SCS's earnings growth over the past year (11.6%) exceeds its 5-year average (2.6% per year).
Earnings vs Industry: SCS earnings growth over the past year (11.6%) exceeded the Commercial Services industry -7%.
Return on Equity
High ROE: SCS's Return on Equity (16.3%) is considered low.
How is Steelcase's financial position?
Financial Position Analysis
Short Term Liabilities: SCS's short term assets ($1.2B) exceed its short term liabilities ($790.1M).
Long Term Liabilities: SCS's short term assets ($1.2B) exceed its long term liabilities ($868.4M).
Debt to Equity History and Analysis
Debt Level: SCS's debt to equity ratio (82.7%) is considered high.
Reducing Debt: SCS's debt to equity ratio has increased from 42.4% to 82.7% over the past 5 years.
Debt Coverage: SCS's debt is well covered by operating cash flow (46.4%).
Interest Coverage: SCS's interest payments on its debt are well covered by EBIT (7.5x coverage).
What is Steelcase current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SCS's dividend (3.71%) is higher than the bottom 25% of dividend payers in the US market (1.66%).
High Dividend: SCS's dividend (3.71%) is low compared to the top 25% of dividend payers in the US market (4.71%).
Stability and Growth of Payments
Stable Dividend: SCS's dividend payments have been volatile in the past 10 years.
Growing Dividend: SCS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (42.3%), SCS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jim Keane (61 yo)
Mr. James P. Keane, also known as Jim, has been the Chief Executive Officer of Steelcase Inc. since March 2014. Mr. Keane served as the President of Steelcase Incorporated from April 22, 2013 to March 2014 ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD7.79M) is above average for companies of similar size in the US market ($USD4.57M).
Compensation vs Earnings: Jim's compensation has increased by more than 20% in the past year.
|CFO & Senior VP||9.42yrs||US$2.79m||0.32% |
|Vice President of Strategy of Research & Digital Transformation||6.67yrs||US$1.97m||0.024% |
|Chief Administrative Officer||6.25yrs||US$1.88m||0.16% |
|Vice President of Global Marketing||7yrs||US$1.62m||0.0098% |
|Vice President of Global Operations||5.58yrs||US$1.15m||0.048% |
|Corporate Controller & Chief Accounting Officer||12.42yrs||no data||no data|
|Director of Investor Relations & Financial Planning and Analysis||no data||no data||no data|
|Vice President of Communications||6.5yrs||no data||no data|
|President of Asia Pacific||6.5yrs||no data||0.11% |
|Senior Vice President of EMEA||6.5yrs||no data||0.061% |
|Senior Vice President of Americas||6.5yrs||US$930.02k||0.052% |
Experienced Management: SCS's management team is seasoned and experienced (6.5 years average tenure).
|Independent Director||8yrs||US$241.56k||no data|
|Independent Chair of the Board||17.25yrs||US$320.76k||4.33% |
|Independent Director||41.67yrs||US$229.11k||0.20% |
|Independent Director||19.67yrs||US$207.74k||5.16% |
|Independent Director||3.75yrs||US$211.32k||0.00023% |
|Independent Director||10.5yrs||US$210.00k||0.065% |
|Independent Director||14.5yrs||US$221.12k||0.0032% |
|Independent Director||3.5yrs||US$206.33k||no data|
|Independent Director||0.75yr||US$50.00k||no data|
Experienced Board: SCS's board of directors are considered experienced (8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Steelcase Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Steelcase Inc.
- Ticker: SCS
- Exchange: NYSE
- Founded: 1912
- Industry: Office Services and Supplies
- Sector: Commercial Services
- Market Cap: US$1.382b
- Shares outstanding: 114.77m
- Website: https://www.steelcase.com
Number of Employees
- Steelcase Inc.
- 901 44th Street SE
- Grand Rapids
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SCS||NYSE (New York Stock Exchange)||Yes||Class A Common Stock||US||USD||Feb 1998|
|GJB||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Feb 1998|
Steelcase Inc. manufactures and sells integrated furniture settings, user-centered technologies, and interior architectural products. It operates through Americas, EMEA, and Other segments. The company’s f ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/18 07:06|
|End of Day Share Price||2020/09/17 00:00|
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.