Skip to Content

SSAB AB ADR SSAAY

Morningstar Rating
$2.59 −0.25 (8.64%)
View Full Chart
Unlock our analysis with Morningstar Investor

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

SSAAY is trading at a 463% premium.
Price
$2.85
Fair Value
$3.11
Uncertainty
Very High
1-Star Price
$1.87
5-Star Price
$9.92
Economic Moat
Xxhv
Capital Allocation
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if SSAAY is a good fit for your portfolio.

News

Trading Information

Previous Close Price
$2.84
Day Range
$2.592.59
52-Week Range
$2.514.01
Bid/Ask
$2.58 / $2.74
Market Cap
$5.16 Bil
Volume/Avg
2,000 / 2,825

Key Statistics

Price/Earnings (Normalized)
5.28
Price/Sales
0.55
Dividend Yield (Trailing)
8.07%
Dividend Yield (Forward)
8.07%
Total Yield
10.24%

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
14,496

Comparables

Valuation

Metric
SSAAY
ACX
CORAREC1
Price/Earnings (Normalized)
5.281.5715.83
Price/Book Value
0.850.950.60
Price/Sales
0.550.360.36
Price/Cash Flow
4.101.78
Price/Earnings
SSAAY
ACX
CORAREC1

Financial Strength

Metric
SSAAY
ACX
CORAREC1
Quick Ratio
1.551.310.61
Current Ratio
2.682.201.31
Interest Coverage
1.61
Quick Ratio
SSAAY
ACX
CORAREC1

Profitability

Metric
SSAAY
ACX
CORAREC1
Return on Assets (Normalized)
10.42%1.73%
Return on Equity (Normalized)
16.76%3.93%
Return on Invested Capital (Normalized)
13.91%3.85%
Return on Assets
SSAAY
ACX
CORAREC1
See how this stock stacks up to its competitors with Morningstar Investor

Steel Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Nucor Corp
NUE
QmkjyqfcHvznv$39.7 Bil
Nippon Steel Corp
NISTF
Myl$20.3 Bil
Nippon Steel Corp ADR
NPSCY
Jkc$20.3 Bil
Steel Dynamics Inc
STLD
SwprtvjpsFfnljnf$20.3 Bil
POSCO Holdings Inc ADR
PKX
GgfqlbfnFcyv$20.1 Bil
ArcelorMittal SA New Reg.Shs ex-Arcelor
AMSYF
DbhpyblBklyv$18.3 Bil
ArcelorMittal SA Depository Receipt
MT
DlkqTpzk$18.3 Bil
Reliance Inc
RS
SvjxgvwhkcMfpsqgg$17.7 Bil
China Steel Corp DR
CISXF
Syf$11.1 Bil
JFE Holdings Inc
JFEEF
Mvd$9.5 Bil

Sponsor Center