PINX: SSAAY
Last close prices updated as of
Jun 02, 2023, 12:56 PM EST
| USD
- Last Close 3.43
- Sector Basic Materials
- Industry Steel
- Investment Style Mid Value
- Day Range 3.43 – 3.46
- Year Range 2.03 – 3.97
- Market Cap 7.0636 Bil
- Volume / Avg 1,097.0 / 2,018.1
- Price / Sales 0.61
- Price / Book 1.09
- Forward Div Yield 12.34%
- Trailing Div Yield 12.34%
Morningstar‘s Stock Analysis SSAAY
Valuation
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1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
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Company Profile SSAAY
Business Description
SSAB 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 primarily serves customers from heavy transport, construction, automotive, construction machinery, energy, and other sectors. SSAB generates most of its revenue from Europe and North America.
Competitors & Peers SSAAY
Morningstar does not cover competitors or peers for this firm.
FAQs for SSAB AB ADR Stock
Yes. SSAAY has a forward dividend yield of 12.34%.
See
SSAAY’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
SSAAY’s market cap is 7.06 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
SSAAY’s stock style is Mid Value.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
SSAAY’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare SSAAY’s historical performance against its industry peers and the overall market.