Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous scrap metals; and manufactures finished steel products worldwide.
Flawless balance sheet 6 star dividend payer.
Share Price & News
How has Schnitzer Steel Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SCHN's share price has been volatile over the past 3 months.
7 Day Return
US Metals and Mining
1 Year Return
US Metals and Mining
Return vs Industry: SCHN underperformed the US Metals and Mining industry which returned -28.5% over the past year.
Return vs Market: SCHN underperformed the US Market which returned -11.9% over the past year.
Price Volatility Vs. Market
How volatile is Schnitzer Steel Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StDoes Schnitzer Steel Industries, Inc.'s (NASDAQ:SCHN) CEO Salary Reflect Performance?
2 weeks ago | Simply Wall StEstimating The Fair Value Of Schnitzer Steel Industries, Inc. (NASDAQ:SCHN)
1 month ago | Simply Wall StSchnitzer Steel Industries (NASDAQ:SCHN) Has A Somewhat Strained Balance Sheet
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 ($11.21) is trading below our estimate of fair value ($12.86)
Significantly Below Fair Value: SCHN is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SCHN is poor value based on its PE Ratio (9.3x) compared to the Metals and Mining industry average (7.7x).
PE vs Market: SCHN is good value based on its PE Ratio (9.3x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: SCHN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: SCHN is good value based on its PB Ratio (0.4x) compared to the US Metals and Mining industry average (1x).
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 earnings are forecast to decline over the next 3 years (-40.8% per year).
Earnings vs Market: SCHN's earnings are forecast to decline over the next 3 years (-40.8% per year).
High Growth Earnings: SCHN's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SCHN's revenue (6.9% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: SCHN's revenue (6.9% 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 (1.7%) are lower than last year (6.3%).
Past Earnings Growth Analysis
Earnings Trend: SCHN has become profitable over the past 5 years, growing earnings by 63.6% per year.
Accelerating Growth: SCHN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SCHN had negative earnings growth (-78.4%) over the past year, making it difficult to compare to the Metals and Mining industry average (-26.9%).
Return on Equity
High ROE: SCHN's Return on Equity (5.2%) is considered low.
How is Schnitzer Steel Industries's financial position?
Financial Position Analysis
Short Term Liabilities: SCHN's short term assets ($339.9M) exceed its short term liabilities ($157.4M).
Long Term Liabilities: SCHN's short term assets ($339.9M) exceed its long term liabilities ($316.1M).
Debt to Equity History and Analysis
Debt Level: SCHN's debt to equity ratio (17.5%) is considered satisfactory.
Reducing Debt: SCHN's debt to equity ratio has reduced from 44.1% to 17.5% over the past 5 years.
Inventory Level: SCHN has a high level of physical assets or inventory.
Debt Coverage by Assets: SCHN's debt is covered by short term assets (assets are 2.8x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SCHN is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: SCHN is profitable, therefore cash runway is not a concern.
What is Schnitzer Steel Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SCHN's dividend (6.69%) is higher than the bottom 25% of dividend payers in the US market (1.98%).
High Dividend: SCHN's dividend (6.69%) is in the top 25% of dividend payers in the US market (5.49%)
Stability and Growth of Payments
Stable Dividend: SCHN's dividends per share have been stable in the past 10 years.
Growing Dividend: SCHN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (62%), SCHN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SCHN's dividends in 3 years are forecast to be covered by earnings (53.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tamara Adler Lundgren (61yo)
Ms. Tamara L. Adler Lundgren has been the Chief Executive Officer and President of Schnitzer Steel Industries, Inc. since December 1, 2008. She joined Schnitzer Steel Industries in September 2005. She serv ...
CEO Compensation Analysis
Compensation vs Market: Tamara's total compensation ($USD5.93M) is above average for companies of similar size in the US market ($USD2.17M).
Compensation vs Earnings: Tamara's compensation has been consistent with company performance over the past year.
|Senior VP||12.25yrs||US$1.99m||0.37% $1.1m|
|Senior VP and Co-President of Cascade Steel & Scrap||no data||US$1.19m||0.28% $841.3k|
|Senior VP and Co-President of Auto||no data||US$1.64m||0.21% $652.5k|
|Senior VP and Co-President of Auto & Metals Recycling Business||5.17yrs||US$1.51m||0.18% $546.1k|
|Deputy CFO||6.25yrs||no data||0.059% $178.2k|
|Senior Director of Investor Relations||no data||no data||no data|
|Senior VP||4.67yrs||US$1.44m||0.073% $221.6k|
|Vice President of Corporate Development||3.58yrs||no data||no data|
|Deputy Chief of Staff||no data||no data||no data|
Experienced Management: SCHN's management team is seasoned and experienced (5.7 years average tenure).
|Lead Director||5.5yrs||US$227.05k||0.026% $79.6k|
|Independent Director||14yrs||US$215.44k||0.0037% $11.2k|
|Independent Director||14.17yrs||US$217.98k||0.26% $797.6k|
|Independent Director||4.92yrs||US$199.98k||0.14% $425.2k|
|Independent Director||2.42yrs||US$199.98k||0.062% $190.0k|
|Independent Director||7.17yrs||US$228.00k||0.19% $568.6k|
Experienced Board: SCHN's board of directors are considered experienced (9.2 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 company bio, 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$304.274m
- Shares outstanding: 27.14m
- Website: https://www.schnitzersteel.com
Number of Employees
- Schnitzer Steel Industries, Inc.
- 299 SW Clay Street
- Suite 350
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SCHN||NasdaqGS (Nasdaq Global Select)||Yes||Class A Common Stock||US||USD||Nov 1993|
|SS1A||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Nov 1993|
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. This segment offers ferrous recycled scrap metal, a feedstock used in the production of finished steel products; and nonferrous products, including aluminum, copper, stainless steel, nickel, brass, titanium, lead, high temperature alloys, and joint products. It sells ferrous and nonferrous recycled metal products to steel mills, foundries, refineries, smelters, wholesalers, and recycled metal processors. This segment also procures salvaged vehicles and sells serviceable used auto parts from these vehicles through its 51 self-service auto parts stores in the United States and Western Canada, as well as sells auto bodies and component parts, such as engines, transmissions, and alternators to wholesalers. The CSS segment produces various finished steel products using ferrous recycled scrap metal and other raw materials. It provides semi-finished goods, which include billets; and finished goods consisting of rebar, coiled rebar, wire rods, merchant bars, and other specialty products. This segment serves steel service centers, construction industry subcontractors, steel fabricators, wire drawers, and farm and wood products suppliers. Schnitzer Steel Industries, Inc. was founded in 1906 and is headquartered in Portland, Oregon.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/29 01:00|
|End of Day Share Price||2020/03/27 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.