We expect increased demand for scrap metals over our forecast period, driven by growth in electric arc furnaces, spending on infrastructure, and steel and copper as the main materials in vehicles, electronics, and machinery.
Growth in electric arc furnace production is driving demand for scrap steel as the main input for EAF-produced steel.
Scrap processing is a low-margin industry characterized by fragmented supply and low barriers to entry.
|
Metric
|
SGM
|
JHX
|
BSL
|
|---|---|---|---|
Price/Earnings (Normalized) | 13.01 | 21.16 | 16.84 |
Price/Book Value | 1.73 | 2.21 | 1.28 |
Price/Sales | 0.58 | 2.65 | 0.80 |
Price/Cash Flow | 10.96 | 17.30 | 7.69 |
|
Metric
|
SGM
|
JHX
|
BSL
|
|---|---|---|---|
Quick Ratio | 0.88 | 0.71 | 0.92 |
Current Ratio | 1.53 | 1.59 | 1.92 |
Interest Coverage | 7.22 | 2.08 | 13.33 |
|
Metric
|
SGM
|
JHX
|
BSL
|
|---|---|---|---|
Return on Assets (Normalized) | 6.41% | 3.36% | 5.32% |
Return on Equity (Normalized) | 11.21% | 7.43% | 8.04% |
Return on Invested Capital (Normalized) | 9.45% | 6.39% | 7.23% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Nucor Corp
NUE
| LOCK|TSZN>pH | LOCK|<HGP | $54B | |||
| ArcelorMittal SA New Reg.Shs ex-Arcelor
AMSYF
| LOCK|r@L | LOCK|N& | $48B | |||
| ArcelorMittal SA Depository Receipt
MT
| LOCK|J@? | LOCK|Fvh | $48B | |||
| Steel Dynamics Inc
STLD
| LOCK|%Tr>%?^ | LOCK|!rcY! | $32B | |||
| Nippon Steel Corp
NISTF
| — | LOCK|gk | $22B | |||
| Nippon Steel Corp ADR
NPSCY
| — | LOCK|%fq | $22B | |||
| Reliance Inc
RS
| LOCK|X<BfgrS! | LOCK|rxV< | $20B | |||
| POSCO Holdings Inc ADR
PKX
| LOCK|WHXY%> | LOCK|MjF | $17B | |||
| Ternium SA ADR
TX
| LOCK|RB!%$jf | LOCK|YP | $11B | |||
| SSAB AB (publ) ADR
SSAAY
| — | LOCK|H$K | $10B |
United States