-0.30%
18.06%
4.82%
-3.01%
-34.02%
-1.91%
80.39%
AI Spotlight on SSAB
Company Description
SSAB AB (publ) produces and sells steel products in the United States, Sweden, Finland, Germany, Denmark, and internationally.It operates through five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction.The SSAB Special Steels segment offers quenched and tempered steels, and hot-rolled advanced high-strength steel products.
The SSAB Europe segment provides strip, plate, and tubular products.The SSAB Americas segment offers heavy steel plates.The Tibnor segment distributes a range of steel and non-ferrous metals in the Nordic region and the Baltics.
The Ruukki Construction segment produces and sells building and construction products and services for residential and non-residential construction.The company markets its steel products under the Strenx, Hardox, Docol, GreenCoat, Toolox, Armox, Duroxite, SSAB Boron, SSAB Domex, SSAB Form, SSAB Laser, SSAB Weathering and Cor-Ten, and SSAB Multisteel brands.It serves the heavy transport, construction, automotive, industrial, construction machinery, energy, material handling, and service center industries.
The company has a collaboration agreement with Faurecia S.E. to deliver fossil-free steel for automotive seat structures.SSAB AB (publ) was founded in 1878 and is headquartered in Stockholm, Sweden.
Market Data
| Last Price | 53.54 |
| Change Percentage | -0.30% |
| Open | 53.92 |
| Previous Close | 53.7 |
| Market Cap ( Millions) | 44608 |
| Volume | 1263409 |
| Year High | 85.54 |
| Year Low | 43.21 |
| M A 50 | 47.21 |
| M A 200 | 53.04 |
Financial Ratios
| FCF Yield | 6.91% |
| Dividend Yield | 9.52% |
| ROE | 9.37% |
| Debt / Equity | 14.31% |
| Net Debt / EBIDTA | -146.24% |
| Price To Book | 0.74 |
| Price Earnings Ratio | 8.02 |
| Price To FCF | 14.48 |
| Price To sales | 0.52 |
| EV / EBITDA | 2.95 |
News
- Jan -31 - SSAB AB (SSAAF) Q4 2024 Earnings Call Highlights: Navigating Market Challenges with Strategic ...
- Jan -31 - Top Dividend Stocks To Consider In January 2025
- Jan -16 - Swedish Steelmaker SSAB Exits US Green Steel Funding Talks
- Dec -09 - SSAB and Ruukki Construction support rebuilding efforts in Ukraine
- Nov -27 - GE Vernova to supply MMC-based feed system for SSAB
- Nov -21 - Construction underway on Saint-Gobain and SSAB slag plant
- Oct -24 - SSAB AB (SSAAF) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic Initiatives
- Oct -22 - SSAB and Parmaco to construct fossil-free steel concept building
- Oct -08 - SSAB partners with AFRY for Sweden’s fossil-free steel project
- Oct -01 - SSAB and Norway’s Smith Stål sign LoI for fossil-free steel deliveries
- Oct -01 - 3 Swedish Dividend Stocks With Up To 9.4% Yield
- Sep -30 - Top Swedish Dividend Stocks To Watch In September 2024
- Sep -27 - SSAB And 2 Other Top Dividend Stocks On The Swedish Exchange
- Sep -25 - 3 Swedish Dividend Stocks Yielding Up To 9.9%
- Aug -27 - Top 3 Swedish Dividend Stocks For August 2024
- Aug -12 - 3 Swedish Dividend Stocks Yielding Up To 9.5%
- Jul -26 - FM Mattsson And Two More Top Dividend Stocks On The Swedish Exchange
- May -10 - Stocks to watch this week: Burberry, Vodafone, BT and Walmart
- Apr -26 - Stocks to watch this week: Amazon, Apple, Anglo American and Novo Nordisk
- Dec -29 - Why Fast-paced Mover SSAB (SSAAY) Is a Great Choice for Value Investors
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> SSAB Europe
Expected Growth : 0.8 %
What the company do ?
SSAB Europe is a division of SSAB AB (publ), a Swedish steel company, responsible for steel production and sales in Europe.
Why we expect these perspectives ?
SSAB Europe's 0.8% growth is driven by increasing demand for high-strength steel in the automotive and construction industries, coupled with the segment's focus on premium products and cost savings initiatives. Additionally, the European market's gradual recovery from the pandemic and the segment's strong market position contribute to its growth.
Segment n°2 -> SSAB Special Steels
Expected Growth : 1.2 %
What the company do ?
SSAB Special Steels is a segment of SSAB AB (publ) that produces high-strength steel for demanding applications, such as construction, heavy transport, and heavy industry.
Why we expect these perspectives ?
SSAB Special Steels' 1.2% growth driven by increasing demand for high-strength steel in automotive and construction industries, coupled with SSAB's focus on premium products and cost savings initiatives. Additionally, the segment benefits from its strong market position and long-term contracts with key customers.
Segment n°3 -> SSAB Americas
Expected Growth : 0.9 %
What the company do ?
SSAB Americas is a division of SSAB AB (publ), a Swedish steel company, responsible for steel production and sales in the Americas region.
Why we expect these perspectives ?
SSAB Americas' 0.9% growth is driven by increasing demand for high-strength steel in the automotive and construction industries, coupled with the company's focus on operational efficiency and cost savings. Additionally, strategic investments in product development and customer relationships have contributed to the segment's growth.
Segment n°4 -> Tibnor
Expected Growth : 1.1 %
What the company do ?
Tibnor is a leading Nordic steel distributor from SSAB AB (publ), offering a wide range of steel products and services to various industries.
Why we expect these perspectives ?
Tibnor's 1.1% growth is driven by increasing demand for steel products in the Nordic region, supported by infrastructure investments and a recovering construction sector. Additionally, Tibnor's focus on digitalization and e-commerce has improved customer experience, leading to increased sales and market share gains.
Segment n°5 -> Ruukki Construction
Expected Growth : 0.7 %
What the company do ?
Ruukki Construction is a leading provider of building products and services, offering energy-efficient and sustainable solutions for the construction industry, acquired by SSAB AB in 2014.
Why we expect these perspectives ?
Ruukki Construction's 0.7% growth is driven by increasing demand for sustainable building solutions, strategic partnerships, and expansion into emerging markets. Additionally, investments in digitalization and operational efficiency have improved productivity, contributing to the segment's growth.
Ssab Ab (Publ) Products
| Product Range | What is it ? |
|---|---|
| High-Strength Steels | SSAB's high-strength steels are designed for demanding applications, offering high strength, good formability, and excellent weldability. |
| Wear-Resistant Steels | SSAB's wear-resistant steels are designed to withstand harsh environments and heavy wear, offering excellent abrasion resistance and long service life. |
| Structural Steels | SSAB's structural steels are designed for building and construction applications, offering high strength, good weldability, and excellent durability. |
| Shipbuilding Steels | SSAB's shipbuilding steels are designed for marine applications, offering high strength, good weldability, and excellent corrosion resistance. |
| Automotive Steels | SSAB's automotive steels are designed for the automotive industry, offering high strength, good formability, and excellent weldability. |
| Tubular Products | SSAB's tubular products are designed for oil and gas, construction, and industrial applications, offering high strength, good weldability, and excellent durability. |
SSAB AB (publ)'s Porter Forces
Threat Of Substitutes
The threat of substitutes for SSAB AB (publ) is medium due to the availability of alternative materials and products in the market.
Bargaining Power Of Customers
The bargaining power of customers is low due to the company's strong brand reputation and customer loyalty.
Bargaining Power Of Suppliers
The bargaining power of suppliers is medium due to the company's dependence on a few key suppliers for raw materials.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the steel industry, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry is high due to the competitive nature of the steel industry, with many established players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 11.10% |
| Debt Cost | 9.85% |
| Equity Weight | 88.90% |
| Equity Cost | 9.85% |
| WACC | 9.85% |
| Leverage | 12.49% |
SSAB AB (publ) : Quality Control
SSAB AB (publ) passed 8 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| VK.PA | Vallourec S.A., through its subsidiaries, provides tubular solutions for the oil and gas, industry, and energy markets in Europe, North America, South America, Asia, and internationally. It operates through Seamless … |
| RANA.OL | Rana Gruber ASA engages in the mining, processing, and sale of iron ore concentrate. The company excavates, processes, and sells iron oxide in the form of hematite, magnetite, and iron … |
| VOE.VI | Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and … |
| ACX.MC | Acerinox, S.A., through its subsidiaries, manufactures, transforms, and markets stainless steel products in Spain, the Americas, Africa, Asia, Oceania, and Europe. The company offers flat products, including coil cold rollings, … |
| BZU.MI | Buzzi Unicem S.p.A., together with its subsidiaries, manufactures, distributes, and sells cement, ready-mix concrete, and aggregates. It also offers special binders, safety sheets, and clinkers, as well as construction hydraulic … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Rana Gruber
A-Score
1-Year Total Return ->
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Buzzi Unicem
A-Score
1-Year Total Return ->
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Acerinox
A-Score
1-Year Total Return ->
4
SSAB
A-Score
1-Year Total Return ->
5
Voestalpine
A-Score
1-Year Total Return ->
6
