BlueScope's fiscal 2026 underlying EBIT of AUD 1.27 billion was 73% higher than the prior year. Stronger spreads at its North American North Star mill more than offset weaker spreads in Australian operations, with competition from cheap Asian steel capping prices. Shares slipped 2%.
North Star is expected to sell additional volumes following its recent capacity expansion and should continue to operate with high utilization and high efficiency.
The addition of competing electric arc furnace-based steel capacity leads to a flattening in the North American steel cost curve, reducing North Star margins.
|
Metric
|
BSL
|
JHX
|
HOLN
|
|---|---|---|---|
Price/Earnings (Normalized) | 17.97 | 24.11 | 22.55 |
Price/Book Value | 1.36 | 2.52 | 2.58 |
Price/Sales | 0.85 | 3.02 | 2.60 |
Price/Cash Flow | 8.20 | 19.71 | 13.23 |
|
Metric
|
BSL
|
JHX
|
HOLN
|
|---|---|---|---|
Quick Ratio | 0.92 | 0.71 | 0.74 |
Current Ratio | 1.92 | 1.59 | 1.09 |
Interest Coverage | 13.33 | 2.08 | 3.39 |
|
Metric
|
BSL
|
JHX
|
HOLN
|
|---|---|---|---|
Return on Assets (Normalized) | 5.32% | 3.36% | 5.67% |
Return on Equity (Normalized) | 8.04% | 7.43% | 12.73% |
Return on Invested Capital (Normalized) | 7.23% | 6.39% | 8.33% |
|
1-Day Chart
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Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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United States