-1.37%
-1.54%
-5.44%
-18.64%
-11.08%
-6.89%
-38.77%

Company Description

Steelcase Inc.provides a portfolio of furniture and architectural products in the United States and internationally.It operates through Americas, EMEA, and Other segments.


The company's furniture portfolio includes furniture systems, seating, storage, fixed and height-adjustable desks, benches, and tables, as well as complementary products, such as work accessories, lighting, and mobile power and screens.Its seating products comprise task chairs; seating for collaborative environments and casual settings; and specialty seating for specific vertical markets, including education and healthcare.The company's interior architectural products comprise full and partial height walls and architectural pods.


It also provides textiles, wall coverings, and surface imaging solutions for architects and designers; and workplace strategy consulting, lease origination, and furniture and asset management services.The company markets and sells its products to corporate, government, healthcare, education, and retail customers under the Steelcase, Designtex, Coalesse, AMQ, Smith System, Orangebox, and Viccarbe brands.It distributes its products and services through a network of independent and company-owned dealers, as well as directly to end-use customers.


The company was founded in 1912 and is headquartered in Grand Rapids, Michigan.

Market Data

Last Price 11.48
Change Percentage -1.37%
Open 11.6
Previous Close 11.64
Market Cap ( Millions) 1306
Volume 467260
Year High 14.74
Year Low 10.9
M A 50 12.33
M A 200 12.87

Financial Ratios

FCF Yield 12.26%
Dividend Yield 3.48%
ROE 12.62%
Debt / Equity 64.25%
Net Debt / EBIDTA 92.23%
Price To Book 1.4
Price Earnings Ratio 11.42
Price To FCF 8.16
Price To sales 0.41
EV / EBITDA 6.07

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Americas

Expected Growth : 3.0 %

What the company do ?

The Americas segment of Steelcase Inc. refers to the company's operations in North, Central, and South America, including the United States, Canada, and Latin America.

Why we expect these perspectives ?

Steelcase Inc.'s 3.0% growth in Americas is driven by increasing demand for hybrid workspaces, rising investments in office renovations, and growing adoption of ergonomic furniture. Additionally, the company's strategic partnerships and expanding product portfolio are contributing to its growth in the region.

Segment nΒ°2 -> International

Expected Growth : 3.0 %

What the company do ?

Steelcase Inc.'s International segment includes sales from its subsidiaries in Europe, the Middle East, Africa, Asia Pacific, and Latin America.

Why we expect these perspectives ?

Steelcase Inc.'s 3.0% international growth is driven by increasing demand for office furniture in emerging markets, particularly in Asia and Latin America. Expansion into new markets, strategic partnerships, and investments in e-commerce platforms also contribute to growth. Furthermore, the company's focus on innovative and sustainable products resonates with environmentally conscious consumers, driving sales.

Steelcase Inc. Products

Product Range What is it ?
Seating Steelcase offers a wide range of seating solutions, including task chairs, stools, and lounge seating, designed to promote comfort, productivity, and well-being.
Desking Steelcase desking solutions include height-adjustable desks, benching systems, and private offices, designed to support individual and team productivity.
Storage Steelcase storage solutions include filing cabinets, shelving units, and modular storage systems, designed to optimize space and organization.
Acoustic Solutions Steelcase acoustic solutions include sound-absorbing panels, phone booths, and quiet rooms, designed to reduce distractions and improve focus.
Technology Integration Steelcase technology integration solutions include power and data solutions, cable management systems, and audio-visual integration, designed to support technology-enabled workspaces.
Space Planning and Design Steelcase space planning and design services provide customized workspace solutions, including layout design, furniture specification, and installation.

Steelcase Inc.'s Porter Forces

Steelcase Inc. faces moderate threat from substitutes, as customers have limited alternatives for high-quality office furniture and technology solutions.

Steelcase Inc. has a diverse customer base, which reduces the bargaining power of individual customers, and the company's strong brand reputation and product offerings also limit customer negotiating power.

Steelcase Inc. has a diverse supplier base, and the company's large scale of operations gives it bargaining power over suppliers, reducing the risk of supplier concentration.

The office furniture and technology solutions industry has high barriers to entry, including significant capital requirements and the need for specialized expertise, which limits the threat of new entrants.

The office furniture and technology solutions industry is highly competitive, with several established players competing for market share, which increases the intensity of rivalry.

Capital Structure

Value
Debt Weight 35.65%
Debt Cost 5.43%
Equity Weight 64.35%
Equity Cost 10.46%
WACC 8.67%
Leverage 55.39%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
EBF Ennis, Inc. designs, manufactures, and sells business forms and other business products in the United States. The company offers snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated …
APOG Apogee Enterprises, Inc. designs and develops glass and metal products and services in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, …
HNI HNI Corporation, together with its subsidiaries, manufactures and sells workplace furnishings and residential building products primarily in the United States. The company operates through two segments, Workplace Furnishings and Residential …
ACCO ACCO Brands Corporation designs, manufactures, and markets consumer, school, technology, and office products. It operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The …
REVG REV Group, Inc. designs, manufactures, and distributes specialty vehicles, and related aftermarket parts and services in the United States, Canada, Europe, Africa, and internationally. It operates through three segments: Fire …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
11.48$
Current Price
11.48$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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