BlueScope Steel Limited

OTCPK:BLSF.F Stock Report

Market Cap: US$8.2b

BlueScope Steel Valuation

Is BLSF.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of BLSF.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: BLSF.F ($19.29) is trading below our estimate of future cash flow value ($41.09)

Significantly Below Future Cash Flow Value: BLSF.F is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BLSF.F?

Key metric: As BLSF.F is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BLSF.F. This is calculated by dividing BLSF.F's market cap by their current earnings.
What is BLSF.F's PE Ratio?
PE Ratio39.9x
EarningsAU$287.30m
Market CapAU$11.47b

Price to Earnings Ratio vs Peers

How does BLSF.F's PE Ratio compare to its peers?

The above table shows the PE ratio for BLSF.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average33.7x
CMC Commercial Metals
16.9x16.55%US$7.4b
TX Ternium
18.4x21.41%US$7.8b
RS Reliance
21.6x9.24%US$15.5b
HCC Warrior Met Coal
78.1x42.17%US$4.2b
BLSF.F BlueScope Steel
39.9x21.40%US$11.5b

Price-To-Earnings vs Peers: BLSF.F is expensive based on its Price-To-Earnings Ratio (39.9x) compared to the peer average (32.6x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does BLSF.F's PE Ratio compare vs other companies in the US Metals and Mining Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AUCO.Y Polymetal International
4xn/aUS$899.89m
BMXI Brookmount Explorations
1.1xn/aUS$10.44m
RMRI Rocky Mountain Industrials
0.9xn/aUS$1.76m
MDSM.F Ten Sixty Four
0.06xn/aUS$455.60k
BLSF.F 39.9xIndustry Avg. 22.5xNo. of Companies8PE020406080100+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BLSF.F is expensive based on its Price-To-Earnings Ratio (39.9x) compared to the US Metals and Mining industry average (22.3x).

Price to Earnings Ratio vs Fair Ratio

What is BLSF.F's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BLSF.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio39.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BLSF.F's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst BLSF.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
US$22.03
0%
7.67%US$24.59US$19.32n/a10
Mar ’27US$20.00
US$22.32
+11.59%
7.67%US$24.91US$19.57n/a10
Feb ’27n/a
US$21.66
0%
10.10%US$25.94US$18.93n/a10
Jan ’27n/a
US$16.84
0%
10.00%US$18.80US$13.29n/a13
Dec ’26n/a
US$16.35
0%
10.21%US$18.32US$12.95n/a13
Nov ’26n/a
US$16.35
0%
10.24%US$18.64US$13.04n/a13
Oct ’26n/a
US$16.38
0%
9.77%US$18.73US$13.56n/a14
Sep ’26US$15.06
US$16.25
+7.91%
10.00%US$18.53US$13.42n/a14
Aug ’26US$16.27
US$16.70
+2.65%
10.97%US$18.76US$13.37n/a14
Jul ’26n/a
US$16.97
0%
11.18%US$18.88US$13.48n/a14
Jun ’26n/a
US$16.88
0%
12.06%US$19.42US$13.27n/a14
May ’26US$14.50
US$16.64
+14.73%
11.82%US$19.22US$13.13n/a14
Apr ’26n/a
US$16.32
0%
10.90%US$18.83US$13.00n/a14
Mar ’26n/a
US$16.29
0%
10.24%US$18.25US$13.16US$20.0014
Feb ’26n/a
US$14.12
0%
9.77%US$16.59US$11.19n/a14
Jan ’26US$12.00
US$13.84
+15.37%
10.28%US$15.90US$11.40n/a13
Dec ’25n/a
US$14.16
0%
9.83%US$16.31US$11.70n/a13
Nov ’25US$13.10
US$14.27
+8.90%
10.58%US$16.51US$11.64n/a13
Oct ’25US$15.32
US$14.97
-2.23%
12.57%US$17.47US$11.74n/a13
Sep ’25US$13.71
US$14.72
+7.34%
12.80%US$17.14US$11.40US$15.0614
Aug ’25US$15.00
US$15.23
+1.53%
14.11%US$18.65US$10.91US$16.2714
Jul ’25US$13.15
US$15.79
+20.07%
15.85%US$20.02US$10.98n/a14
Jun ’25n/a
US$15.86
0%
13.37%US$19.52US$10.94n/a14
May ’25n/a
US$15.52
0%
13.27%US$18.99US$10.64US$14.5014
Apr ’25US$15.05
US$15.12
+0.47%
11.08%US$17.19US$10.70n/a14
Mar ’25n/a
US$15.18
0%
11.45%US$17.33US$10.79n/a13
US$23.09
Fair Value
16.4% undervalued intrinsic discount
10
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/11 04:19
End of Day Share Price 2026/03/03 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

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

BlueScope Steel Limited is covered by 33 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin BrayshawBarrenjoey Markets Pty Limited
Megan Kirby-LewisBarrenjoey Markets Pty Limited
April LowisBarrenjoey Markets Pty Limited