Financials Salzgitter AG

Equities

SZG

DE0006202005

Iron & Steel

Real-time Estimate Tradegate Other stock markets 09:34:37 2024-12-03 am EST			5-day change	1st Jan Change
16.70 ^EUR	+1.00%		+0.18%	-40.07%

10:11am	IG Metall plans rally against Salzgitter takeover	DP
Nov. 26	Salzgitter CEO still does not want to evaluate takeover bid	DP

Projected Income Statement: Salzgitter AG

income-statement-evolution-chart SALZGITTER-AG

Fiscal Period: Dicembre	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	8,547	7,091	9,767	12,553	10,790	10,037	10,407	10,576
Change	-	-17.04%	37.75%	28.52%	-14.05%	-6.97%	3.68%	1.63%
EBITDA ¹	354	176	1,262	1,618	677	441.9	638.2	764.1
Change	-	-50.28%	616.82%	28.25%	-58.16%	-34.73%	44.43%	19.73%
EBIT ¹	-188	-119	753.2	1,311	355	126.8	295.6	423
Change	-	-36.7%	-	74.11%	-72.93%	-64.28%	133.08%	43.09%
Interest Paid ¹	-62.9	-78	-47.7	-50.7	-116.7	-125	-125	-114.5
Earnings before Tax (EBT) ¹	-253.3	-196.4	705.7	1,245	238.4	-224	177.3	312.3
Change	-	-22.46%	-	76.48%	-80.86%	-	-	76.13%
Net income ¹	-241.2	-277.3	581.1	1,082	200.1	-201.9	133.7	228.9
Change	-	14.97%	-	86.11%	-81.5%	-	-	71.26%
Announcement Date	3/16/20	3/15/21	3/21/22	3/27/23	3/15/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: Dezember	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	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	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3
Net sales ¹	1,910	2,108	1,523	1,633	-	2,094	2,341	2,566	2,766	3,350	3,287	3,129	2,788	2,982	2,853	2,570	2,384	2,678	2,565	2,484	2,404	2,483	2,513	2,569	2,591	2,638	2,614	2,604
Change	-	10.38%	-27.78%	7.27%	-100%	-	11.81%	9.6%	7.77%	21.12%	-1.89%	-4.8%	-10.89%	6.98%	-4.34%	-9.93%	-7.23%	12.31%	-4.2%	-3.17%	-3.2%	3.27%	1.18%	2.23%	0.86%	1.81%	-0.91%	-0.38%
EBITDA ¹	2	57.2	-7.6	-14.2	140.6	202.8	275.8	388.2	394.8	548.1	590.3	258.4	221.2	290	171	115	101	126.4	107.3	87	131.2	119.9	110.1	128	162.7	175.5	195	206.9
Change	-	2,760%	-	86.84%	-	44.24%	36%	40.75%	1.7%	38.83%	7.7%	-56.23%	-14.4%	31.1%	-41.03%	-32.75%	-12.17%	25.15%	-15.11%	-18.92%	50.8%	-8.58%	-8.22%	16.31%	27.09%	7.85%	11.11%	6.11%
EBIT ¹	-277.7	-16.9	-82.1	-84.7	64.7	128.6	200.1	317.9	106.7	478.8	521	188.8	122.8	214.2	88.3	39.1	13.4	45.2	24.5	-124.3	50	36.45	26.59	44.55	79.24	92.02	111.5	123.4
Change	-	-93.91%	385.8%	3.17%	-	98.76%	55.6%	58.87%	-66.44%	348.73%	8.81%	-63.76%	-34.96%	74.43%	-58.78%	-55.72%	-65.73%	237.31%	-45.8%	-	-	-27.1%	-27.04%	67.52%	77.88%	16.12%	21.19%	10.68%
Charge d'intérêts	-17.3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	-294	-31.4	-89.9	-96.6	28	117.3	188.4	298.8	101.2	465.3	505.2	174.7	100.1	183.7	59	11.6	-15.9	17.2	-5.7	-152.7	-142.6	3.116	-8.457	6.039	36.99	47.35	64.91	76.11
Change	-	-89.32%	186.31%	7.45%	-	318.93%	60.61%	58.6%	-66.13%	359.78%	8.58%	-65.42%	-42.7%	83.52%	-67.88%	-80.34%	-	-	-	2,578.95%	6.6%	-	-	-	512.51%	28%	37.09%	17.26%
Net income ¹	-207	-44.7	-101.4	-99.3	-	-	152.4	235.5	118.3	367.6	410.5	163.1	140.2	139.1	49.8	1.1	10.1	12.9	-34.8	-	-135.4	2.494	-8.611	4.979	31.29	39.16	54.09	63.61
Change	-	-78.41%	126.85%	-2.07%	-100%	-	-	54.53%	-49.77%	210.74%	11.67%	-60.27%	-14.04%	-0.78%	-64.2%	-97.79%	818.18%	27.72%	-	-100%	-	-	-	-	528.41%	25.15%	38.12%	17.6%
Announcement Date	3/16/20	5/13/20	8/12/20	11/13/20	3/15/21	5/12/21	8/11/21	11/12/21	3/21/22	5/12/22	8/11/22	11/11/22	3/27/23	5/10/23	8/11/23	11/13/23	3/15/24	5/13/24	8/12/24	11/11/24	-	-	-	-	-	-	-	-

¹EUR in Million

Estimates

Fiscal Period: Dezember	2020 S1
Net sales	-
Change	-
EBITDA	-
Change	-
EBIT	-
Change	-
Charge d'intérêts	-
Earnings before Tax (EBT) ¹	-127.8
Change	-
Net income	-
Change	-
Announcement Date	8/12/20

¹EUR in Million

Estimates

Forecast Balance Sheet: Salzgitter AG

balance-sheet-analysis-chart SALZGITTER-AG

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	316	616	773	710	361	955	1,355	1,559
Change	-	94.94%	25.49%	-8.15%	-49.15%	164.47%	41.88%	15.06%
Announcement Date	3/16/20	3/15/21	3/21/22	3/27/23	3/15/24	-	-	-

¹EUR in Million

Estimates

Cash Flow Forecast: Salzgitter AG

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	444.3	374.4	343.4	442.5	751.8	838.7	858.1	656.6
Change	-	-15.73%	-8.28%	28.86%	69.9%	11.55%	2.32%	-23.49%
Free Cash Flow (FCF) ¹	-193.6	-356.1	-14	154	140.2	-509.6	-400.3	-247.3
Change	-	83.94%	-96.07%	-1,200%	-8.96%	-463.48%	-21.44%	-38.23%
Announcement Date	3/16/20	3/15/21	3/21/22	3/27/23	3/15/24	-	-	-

¹EUR in Million

Estimates

Forecast Financial Ratios: Salzgitter AG

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	4.14%	2.48%	12.92%	12.89%	6.27%	4.4%	6.13%	7.22%
EBIT Margin (%)	-2.2%	-1.68%	7.71%	10.45%	3.29%	1.26%	2.84%	4%
EBT Margin (%)	-2.96%	-2.77%	7.23%	9.92%	2.21%	-2.23%	1.7%	2.95%
Net margin (%)	-2.82%	-3.91%	5.95%	8.62%	1.85%	-2.01%	1.28%	2.16%
FCF margin (%)	-2.27%	-5.02%	-0.14%	1.23%	1.3%	-5.08%	-3.85%	-2.34%
FCF / Net Income (%)	80.27%	128.42%	-2.41%	14.24%	70.06%	252.43%	-299.51%	-108.03%
Profitability
ROA	-2.78%	-3.29%	6.28%	10.16%	1.85%	-0.6%	0.73%	2.14%
ROE	-7.72%	-9.91%	19.32%	26.52%	4.14%	-5.08%	2.39%	4.12%
Financial Health
Leverage (Debt/EBITDA)	0.89x	3.5x	0.61x	0.44x	0.53x	2.16x	2.12x	2.04x
Debt / Free cash flow	-1.63x	-1.73x	-55.21x	4.61x	2.58x	-1.87x	-3.38x	-6.3x
Capital Intensity
CAPEX / Current Assets (%)	5.2%	5.28%	3.52%	3.52%	6.97%	8.36%	8.25%	6.21%
CAPEX / EBITDA (%)	125.51%	212.73%	27.22%	27.35%	111.05%	189.78%	134.46%	85.92%
CAPEX / FCF (%)	-229.49%	-105.14%	-2,452.86%	287.34%	536.23%	-164.57%	-214.36%	-265.5%
Items per share
Cash flow per share ¹	4.635	0.3383	6.09	11.03	16.49	-0.8484	6.489	8.959
Change	-	-92.7%	1,700.02%	81.11%	49.52%	-105.14%	-864.87%	38.07%
Dividend per Share ¹	0.2	-	0.75	1	0.45	0.3214	0.5714	0.6034
Change	-	-	-	33.33%	-55%	-28.57%	77.78%	5.6%
Book Value Per Share ¹	54.15	49.36	61.87	89.49	89.24	83.96	85.13	88.19
Change	-	-8.85%	25.34%	44.64%	-0.27%	-5.92%	1.4%	3.59%
EPS ¹	-4.46	-5.13	10.74	20	3.7	-4.478	2.436	4.193
Change	-	15.02%	-309.36%	86.22%	-81.5%	-221.02%	-154.4%	72.11%
Nbr of stocks (in thousands)	54,087	54,087	54,087	54,087	54,087	54,087	54,087	54,087
Announcement Date	3/16/20	3/15/21	3/21/22	3/27/23	3/15/24	-	-	-