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SSAB AB Class B SSAB B

Morningstar Rating
SEK 61.70 +0.52 (0.85%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

SSAB B is trading at a 28% discount.
Price
SEK 63.42
Fair Value
SEK 53.31
Uncertainty
Very High
1-Star Price
SEK 483.33
5-Star Price
SEK 98.29
Economic Moat
Ytdq
Capital Allocation
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Trading Information

Previous Close Price
SEK 61.18
Day Range
SEK 60.5862.42
52-Week Range
SEK 52.5685.16
Bid/Ask
SEK 61.44 / SEK 61.54
Market Cap
SEK 61.49 Bil
Volume/Avg
4.3 Mil / 4.5 Mil

Key Statistics

Price/Earnings (Normalized)
5.37
Price/Sales
0.56
Dividend Yield (Trailing)
8.10%
Dividend Yield (Forward)
8.10%
Total Yield
10.20%

Company Profile

SSAB AB is a Sweden-based company that operates through five divisions. SSAB special steels sell structural high-strength steel, wear-resistant steel, protection steel, and tool steel. SSAB Europe is a Nordic-based producer of the strip, plate, and tube products. SSAB Americas is a Northern American steel plate and coil maker. Tibnor, SSAB's subsidiary, is a Nordic distributor of steel and nonferrous metals. Ruukki Construction, another subsidiary of SSAB, is a Europe-based provider of energy-efficient building and construction solutions. Steel products represent the majority of the company's sales. SSAB predominantly serves customers from heavy transport, construction, automotive, construction machinery, energy, and other sectors. SSAB generates majority of its revenue from Europe.
Sector
Basic Materials
Industry
Steel
Stock Style Box
Mid Value
Total Number of Employees
15,000

Comparables

Valuation

Metric
SSAB B
CORAREC1
ACX
Price/Earnings (Normalized)
5.3722.311.62
Price/Book Value
0.850.651.02
Price/Sales
0.560.380.37
Price/Cash Flow
4.171.786.14
Price/Earnings
SSAB B
CORAREC1
ACX

Financial Strength

Metric
SSAB B
CORAREC1
ACX
Quick Ratio
1.490.611.28
Current Ratio
2.671.302.27
Interest Coverage
20.651.403.73
Quick Ratio
SSAB B
CORAREC1
ACX

Profitability

Metric
SSAB B
CORAREC1
ACX
Return on Assets (Normalized)
10.42%1.27%6.03%
Return on Equity (Normalized)
16.76%3.01%15.22%
Return on Invested Capital (Normalized)
13.91%3.22%8.39%
Return on Assets
SSAB B
CORAREC1
ACX
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