Financials SSAB AB Nasdaq Stockholm

Equities

SSAB B

SE0000120669

Iron & Steel

Market Closed - Nasdaq Stockholm 11:29:31 2024-05-16 am EDT 5-day change 1st Jan Change
63.82 SEK +0.28% Intraday chart for SSAB AB +0.76% -17.20%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 32,139 27,910 49,048 56,651 77,942 63,466 - -
Enterprise Value (EV) 1 42,019 38,188 46,702 42,364 59,736 43,760 47,927 52,953
P/E ratio 31.6 x -58.6 x 3.68 x -5.39 x 6.05 x 8.2 x 8.4 x 8.59 x
Yield - - 10% 15.3% 6.52% 4.82% 4.66% 4.29%
Capitalization / Revenue 0.42 x 0.43 x 0.51 x 0.44 x 0.65 x 0.59 x 0.59 x 0.57 x
EV / Revenue 0.55 x 0.58 x 0.49 x 0.33 x 0.5 x 0.4 x 0.44 x 0.48 x
EV / EBITDA 6.59 x 11.4 x 2.11 x 1.3 x 2.97 x 3.2 x 3.66 x 3.86 x
EV / FCF 17.5 x 17.7 x 4.06 x 3.21 x 4.01 x 8.1 x -21.8 x -39.9 x
FCF Yield 5.72% 5.66% 24.6% 31.2% 25% 12.3% -4.58% -2.51%
Price to Book 0.56 x 0.56 x 0.74 x 0.87 x 1.16 x 0.91 x 0.86 x 0.84 x
Nbr of stocks (in thousands) 1,029,835 1,029,835 1,029,835 1,029,835 1,012,743 996,618 - -
Reference price 2 32.85 29.30 52.44 56.94 76.68 63.78 63.78 63.78
Announcement Date 1/28/20 1/29/21 1/28/22 1/27/23 1/31/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 76,485 65,396 95,891 128,745 119,489 108,274 108,457 111,258
EBITDA 1 6,374 3,364 22,094 32,675 20,141 13,687 13,095 13,705
EBIT 1 2,159 -325 18,837 29,283 16,467 9,409 9,799 9,560
Operating Margin 2.82% -0.5% 19.64% 22.74% 13.78% 8.69% 9.04% 8.59%
Earnings before Tax (EBT) 1 1,572 -802 18,416 -4,641 16,716 10,291 9,839 9,752
Net income 1 1,075 -510 14,662 -10,886 13,029 7,990 7,707 7,734
Net margin 1.41% -0.78% 15.29% -8.46% 10.9% 7.38% 7.11% 6.95%
EPS 2 1.040 -0.5000 14.24 -10.57 12.67 7.776 7.591 7.426
Free Cash Flow 1 2,402 2,162 11,491 13,208 14,906 5,400 -2,194 -1,327
FCF margin 3.14% 3.31% 11.98% 10.26% 12.47% 4.99% -2.02% -1.19%
FCF Conversion (EBITDA) 37.68% 64.27% 52.01% 40.42% 74.01% 39.45% - -
FCF Conversion (Net income) 223.44% - 78.37% - 114.41% 67.59% - -
Dividend per Share 2 - - 5.250 8.700 5.000 3.073 2.972 2.734
Announcement Date 1/28/20 1/29/21 1/28/22 1/27/23 1/31/24 - - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 27,337 31,575 35,516 31,516 30,138 31,904 31,777 29,339 26,469 27,148 28,125 26,137 26,123 27,085 29,214
EBITDA 1 7,753 8,996 11,241 7,599 4,637 5,600 5,871 5,307 3,364 4,142 4,048 2,746 2,960 3,749 4,165
EBIT 1 6,961 8,377 10,395 6,742 3,768 4,733 4,963 4,371 2,400 3,157 3,083 1,518 1,743 2,695 3,109
Operating Margin 25.46% 26.53% 29.27% 21.39% 12.5% 14.84% 15.62% 14.9% 9.07% 11.63% 10.96% 5.81% 6.67% 9.95% 10.64%
Earnings before Tax (EBT) 1 6,859 7,790 10,254 6,560 -29,245 4,787 5,019 4,449 2,460 3,318 3,043 2,082 2,361 2,983 3,196
Net income 1 5,458 6,013 8,021 5,074 -29,995 3,699 3,923 3,506 1,901 2,573 2,550 1,421 1,485 2,194 2,538
Net margin 19.97% 19.04% 22.58% 16.1% -99.53% 11.59% 12.35% 11.95% 7.18% 9.48% 9.07% 5.44% 5.68% 8.1% 8.69%
EPS 2 5.300 5.840 7.790 4.930 -29.13 3.590 3.810 3.400 1.860 2.570 2.536 1.420 1.481 2.199 2.542
Dividend per Share 2 5.250 - - - 8.700 - - - 5.000 - - - 2.907 - -
Announcement Date 1/28/22 4/26/22 7/22/22 10/25/22 1/27/23 4/26/23 7/21/23 10/25/23 1/31/24 4/24/24 - - - - -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 9,880 10,278 - - - - - -
Net Cash position 1 - - 2,346 14,287 18,206 19,706 15,539 10,513
Leverage (Debt/EBITDA) 1.55 x 3.055 x - - - - - -
Free Cash Flow 1 2,402 2,162 11,491 13,208 14,906 5,400 -2,194 -1,327
ROE (net income / shareholders' equity) 2.14% -0.89% 23.4% 32.8% 19.3% 11.3% 10.2% 9.52%
ROA (Net income/ Total Assets) 1.37% -0.56% 14.6% 20.8% 12% 7.85% 7.19% 7.56%
Assets 1 78,362 91,290 100,311 -52,355 108,775 101,809 107,134 102,264
Book Value Per Share 2 58.60 52.40 71.00 65.20 65.90 70.20 74.10 76.30
Cash Flow per Share 2 5.190 4.240 11.50 17.60 20.90 12.50 11.00 11.10
Capex 1 2,939 2,204 3,382 4,948 6,567 5,606 11,333 15,743
Capex / Sales 3.84% 3.37% 3.53% 3.84% 5.5% 5.18% 10.45% 14.15%
Announcement Date 1/28/20 1/29/21 1/28/22 1/27/23 1/31/24 - - -
1SEK in Million2SEK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
63.78 SEK
Average target price
80.79 SEK
Spread / Average Target
+26.66%
Consensus
-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.
BENEFIT NOW