Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous scrap metals; and manufactures finished steel products worldwide.
No risks detected for SCHN from our risk checks.
Schnitzer Steel Industries Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$40.99|
|52 Week High||US$18.78|
|52 Week Low||US$59.34|
|1 Month Change||-16.24%|
|3 Month Change||-12.60%|
|1 Year Change||92.89%|
|3 Year Change||49.06%|
|5 Year Change||107.86%|
|Change since IPO||547.21%|
Recent News & Updates
Schnitzer Steel Industries (NASDAQ:SCHN) Is Experiencing Growth In Returns On Capital
There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
|SCHN||US Metals and Mining||US Market|
Return vs Industry: SCHN exceeded the US Metals and Mining industry which returned 36.9% over the past year.
Return vs Market: SCHN exceeded the US Market which returned 33.8% over the past year.
Stable Share Price: SCHN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: SCHN's weekly volatility (6%) has been stable over the past year.
About the Company
|1906||3,032||Tamara Adler Lundgren||https://www.schnitzersteel.com|
Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous scrap metals; and manufactures finished steel products worldwide. The company operates in two segments, Auto and Metals Recycling (AMR), and Cascade Steel and Scrap (CSS). The AMR segment acquires, processes, and recycles scrap metals, as well as processes mixed and large pieces of scrap metal into smaller pieces by crushing, torching, shearing, shredding, and sorting.
Is Schnitzer Steel Industries undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SCHN ($40.99) is trading below our estimate of fair value ($110.19)
Significantly Below Fair Value: SCHN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SCHN is good value based on its PE Ratio (8.9x) compared to the US Metals and Mining industry average (12.2x).
PE vs Market: SCHN is good value based on its PE Ratio (8.9x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: SCHN is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: SCHN is good value based on its PB Ratio (1.4x) compared to the US Metals and Mining industry average (2.4x).
How is Schnitzer Steel Industries forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SCHN's forecast earnings growth (17.3% per year) is above the savings rate (2%).
Earnings vs Market: SCHN's earnings (17.3% per year) are forecast to grow faster than the US market (14.9% per year).
High Growth Earnings: SCHN's earnings are forecast to grow, but not significantly.
Revenue vs Market: SCHN's revenue (14.7% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: SCHN's revenue (14.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SCHN's Return on Equity is forecast to be high in 3 years time
How has Schnitzer Steel Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SCHN has high quality earnings.
Growing Profit Margin: SCHN's current net profit margins (5.3%) are higher than last year (0.2%).
Past Earnings Growth Analysis
Earnings Trend: SCHN has become profitable over the past 5 years, growing earnings by 12.4% per year.
Accelerating Growth: SCHN's earnings growth over the past year (3456.6%) exceeds its 5-year average (12.4% per year).
Earnings vs Industry: SCHN earnings growth over the past year (3456.6%) exceeded the Metals and Mining industry 102.1%.
Return on Equity
High ROE: SCHN's Return on Equity (16.3%) is considered low.
How is Schnitzer Steel Industries's financial position?
Financial Position Analysis
Short Term Liabilities: SCHN's short term assets ($585.2M) exceed its short term liabilities ($296.7M).
Long Term Liabilities: SCHN's short term assets ($585.2M) exceed its long term liabilities ($386.5M).
Debt to Equity History and Analysis
Debt Level: SCHN's debt to equity ratio (19.2%) is considered satisfactory.
Reducing Debt: SCHN's debt to equity ratio has reduced from 41.4% to 19.2% over the past 5 years.
Debt Coverage: SCHN's debt is well covered by operating cash flow (77.6%).
Interest Coverage: SCHN's interest payments on its debt are well covered by EBIT (22.4x coverage).
What is Schnitzer Steel Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SCHN's dividend (1.83%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: SCHN's dividend (1.83%) is low compared to the top 25% of dividend payers in the US market (3.6%).
Stability and Growth of Payments
Stable Dividend: SCHN's dividends per share have been stable in the past 10 years.
Growing Dividend: SCHN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16.6%), SCHN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SCHN's dividends in 3 years are forecast to be thoroughly covered by earnings (10.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tamara Adler Lundgren (63 yo)
Ms. Tamara L. Adler Lundgren, J.D., has been the President, Chief Executive Officer and Director of Schnitzer Steel Industries, Inc. since December 1, 2008 and has been its Chairman since March 27, 2020. S...
CEO Compensation Analysis
Compensation vs Market: Tamara's total compensation ($USD6.87M) is above average for companies of similar size in the US market ($USD2.33M).
Compensation vs Earnings: Tamara's compensation has been consistent with company performance over the past year.
Experienced Management: SCHN's management team is seasoned and experienced (6.4 years average tenure).
Experienced Board: SCHN's board of directors are considered experienced (6.7 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.
Schnitzer Steel Industries, Inc.'s employee growth, exchange listings and data sources
- Name: Schnitzer Steel Industries, Inc.
- Ticker: SCHN
- Exchange: NasdaqGS
- Founded: 1906
- Industry: Steel
- Sector: Materials
- Market Cap: US$1.128b
- Shares outstanding: 27.52m
- Website: https://www.schnitzersteel.com
Number of Employees
- Schnitzer Steel Industries, Inc.
- 299 SW Clay Street
- Suite 350
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/18 22:03|
|End of Day Share Price||2021/09/17 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.