Market Closed -
Other stock markets
|
|
5-day change | 1st Jan Change | |
27.94 EUR | +2.80% | +0.87% | -2.03% |
Dec. 01 | First warning strikes in the steel industry after the end of the peace obligation | DP |
Nov. 30 | Steel industry wage dispute: IG Metall calls for warning strikes | DP |
Valuation
Fiscal Period : December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|---|---|---|
Capitalization 1 | 1 383 | 1 069 | 1 174 | 1 699 | 1 543 | 1 511 | - | - |
Enterprise Value (EV) 1 | 1 478 | 1 385 | 1 790 | 2 472 | 2 253 | 2 160 | 2 402 | 2 604 |
P/E ratio | 5,33x | -4,43x | -4,23x | 2,93x | 1,43x | 7,54x | 7,01x | 5,44x |
Yield | 2,15% | 1,01% | - | 2,39% | 3,51% | 3,39% | 3,25% | 3,20% |
Capitalization / Revenue | 0,15x | 0,13x | 0,17x | 0,17x | 0,12x | 0,14x | 0,15x | 0,15x |
EV / Revenue | 0,16x | 0,16x | 0,25x | 0,25x | 0,18x | 0,20x | 0,24x | 0,26x |
EV / EBITDA | 1,85x | 3,91x | 10,2x | 1,96x | 1,39x | 3,16x | 3,50x | 3,38x |
EV / FCF | 7,98x | -7,15x | -5,03x | -177x | 14,6x | 9,44x | 29,7x | -26,2x |
FCF Yield | 12,5% | -14,0% | -19,9% | -0,57% | 6,84% | 10,6% | 3,37% | -3,82% |
Price to Book | 0,44x | 0,36x | 0,44x | 0,51x | 0,32x | 0,30x | 0,29x | 0,28x |
Nbr of stocks (in thousands) | 54 087 | 54 087 | 54 087 | 54 087 | 54 087 | 54 087 | - | - |
Reference price 2 | 25,6 | 19,8 | 21,7 | 31,4 | 28,5 | 27,9 | 27,9 | 27,9 |
Announcement Date | 22/03/19 | 16/03/20 | 15/03/21 | 21/03/22 | 27/03/23 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
Fiscal Period : December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|---|---|---|
Net sales 1 | 9 278 | 8 547 | 7 091 | 9 767 | 12 553 | 10 835 | 10 106 | 10 119 |
EBITDA 1 | 797 | 354 | 176 | 1 262 | 1 618 | 683 | 687 | 771 |
EBIT 1 | 413 | -188 | -119 | 753 | 1 311 | 364 | 410 | 446 |
Operating Margin | 4,45% | -2,20% | -1,68% | 7,71% | 10,4% | 3,36% | 4,06% | 4,40% |
Earnings before Tax (EBT) 1 | 347 | -253 | -196 | 706 | 1 245 | 258 | 323 | 363 |
Net income 1 | 274 | -241 | -277 | 581 | 1 082 | 196 | 212 | 256 |
Net margin | 2,95% | -2,82% | -3,91% | 5,95% | 8,62% | 1,81% | 2,10% | 2,53% |
EPS 2 | 4,80 | -4,46 | -5,13 | 10,7 | 20,0 | 3,70 | 3,98 | 5,14 |
Free Cash Flow 1 | 185 | -194 | -356 | -14,0 | 154 | 229 | 80,9 | -99,5 |
FCF margin | 2,00% | -2,27% | -5,02% | -0,14% | 1,23% | 2,11% | 0,80% | -0,98% |
FCF Conversion (EBITDA) | 23,2% | - | - | - | 9,52% | 33,5% | 11,8% | - |
FCF Conversion (Net income) | 67,7% | - | - | - | 14,2% | 116% | 38,2% | - |
Dividend per Share 2 | 0,55 | 0,20 | - | 0,75 | 1,00 | 0,95 | 0,91 | 0,89 |
Announcement Date | 22.03.19 | 16.03.20 | 15.03.21 | 21.03.22 | 27.03.23 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
Fiscal Period : December | 2021 Q2 | 2021 Q3 | 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 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net sales 1 | 2 341 | 2 566 | 2 766 | 3 350 | 3 287 | 3 129 | 2 788 | 2 983 | 2 853 | 2 570 | 2 447 | 2 594 | 2 443 | 2 351 | 2 470 |
EBITDA 1 | 276 | 388 | 395 | 548 | 590 | 258 | 221 | 290 | 171 | 115 | 118 | 139 | 152 | 141 | 211 |
EBIT 1 | 200 | 318 | 107 | 479 | 521 | 189 | 123 | 214 | 88,3 | 39,1 | 31,2 | 59,3 | 69,0 | 60,6 | 130 |
Operating Margin | 8,55% | 12,4% | 3,86% | 14,3% | 15,9% | 6,03% | 4,40% | 7,18% | 3,09% | 1,52% | 1,28% | 2,29% | 2,82% | 2,58% | 5,27% |
Earnings before Tax (EBT) 1 | 188 | 299 | 101 | 465 | 505 | 175 | 100 | 184 | 59,0 | 11,6 | 18,4 | 32,3 | 52,2 | 78,9 | 93,2 |
Net income 1 | 152 | 236 | 118 | 368 | 411 | 163 | 140 | 139 | 49,8 | 1,10 | 0,62 | 20,7 | 36,4 | 55,0 | 65,1 |
Net margin | 6,51% | 9,18% | 4,28% | 11,0% | 12,5% | 5,21% | 5,03% | 4,66% | 1,75% | 0,04% | 0,03% | 0,80% | 1,49% | 2,34% | 2,64% |
EPS 2 | 4,20 | 4,36 | 2,18 | 6,80 | 7,59 | 3,01 | 2,60 | 2,57 | 0,92 | 0,02 | 0,01 | 0,38 | 0,67 | 1,02 | 1,20 |
Dividend per Share 2 | - | - | 0,75 | - | - | - | 1,00 | - | - | - | 0,77 | - | - | - | 0,66 |
Announcement Date | 11.08.21 | 12.11.21 | 21.03.22 | 12.05.22 | 11.08.22 | 11.11.22 | 27.03.23 | 10.05.23 | 11.08.23 | 13.11.23 | - | - | - | - | - |
1EUR in Million2EUR
Estimates
Balance Sheet Analysis
Fiscal Period : December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|---|---|---|
Net Debt 1 | 95,0 | 316 | 616 | 773 | 710 | 649 | 891 | 1 093 |
Net Cash position 1 | - | - | - | - | - | - | - | - |
Leverage (Debt/EBITDA) | 0,12x | 0,89x | 3,50x | 0,61x | 0,44x | 0,95x | 1,30x | 1,42x |
Free Cash Flow 1 | 185 | -194 | -356 | -14,0 | 154 | 229 | 80,9 | -99,5 |
ROE (net income / shareholders' equity) | 8,68% | -7,72% | -9,91% | 19,3% | 26,5% | 3,98% | 4,31% | 4,59% |
Shareholders' equity 1 | 3 152 | 3 126 | 2 799 | 3 008 | 4 079 | 4 934 | 4 915 | 5 574 |
ROA (Net income/ Total Assets) | 3,21% | -2,78% | -3,29% | 6,28% | 10,2% | 1,83% | 2,11% | 2,08% |
Assets 1 | 8 537 | 8 687 | 8 429 | 9 246 | 10 641 | 10 729 | 10 050 | 12 275 |
Book Value Per Share 2 | 58,3 | 54,2 | 49,4 | 61,9 | 89,5 | 92,7 | 96,2 | 100 |
Cash Flow per Share 2 | 9,15 | 4,64 | 0,34 | 6,09 | 11,0 | 15,4 | 11,7 | 12,2 |
Capex 1 | 343 | 444 | 374 | 343 | 443 | 641 | 659 | 665 |
Capex / Sales | 3,69% | 5,20% | 5,28% | 3,52% | 3,52% | 5,91% | 6,52% | 6,57% |
Announcement Date | 22.03.19 | 16.03.20 | 15.03.21 | 21.03.22 | 27.03.23 | - | - | - |
1EUR in Million2EUR
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 :
B+
Sell
Buy

Mean consensus
HOLD
Number of Analysts
9
Last Close Price
27.94EUR
Average target price
28.88EUR
Spread / Average Target
+3.36%
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-2.03% | 1 603 M $ | |
+5.63% | 23 328 M $ | |
+11.81% | 19 084 M $ | |
-12.75% | 12 845 M $ | |
+304.85% | 10 373 M $ | |
-17.77% | 10 086 M $ | |
-19.27% | 9 735 M $ | |
+19.22% | 8 207 M $ | |
+32.00% | 7 760 M $ | |
+31.52% | 6 257 M $ |
- Stock
- Equities
- Stock Salzgitter AG - Xetra
- Financials Salzgitter AG