SSAB Corporation (SE:SSAB.A)
:SSAB.A
Want to see SE:SSAB.A full AI Analyst Report?
Top Page
SSAB Corporation
(SSAB.A)
Select Model
Select Model
Rating:62Neutral
Price Target:
kr86.00
▲(1.49% Upside)
Action:ReiteratedDate:04/30/26
The score is driven by mixed fundamentals: a strong balance sheet and still-positive profitability are offset by a clear cyclical downturn (falling revenue, compressed margins) and currently negative free cash flow. Technicals are supportive with the stock trading above key moving averages and positive MACD, but valuation is a major headwind due to the high P/E despite a moderate dividend yield.
Positive Factors
Conservative balance sheet
Low leverage provides durable financial flexibility in a cyclical steel industry. With debt around 0.17x equity and ample equity relative to assets, SSAB can better absorb demand shocks, fund required capex or environmental investments, and avoid distressed financing needs over the next several quarters.
Negative Factors
Sharp revenue contraction
A steep decline in revenue reduces scale benefits and pricing leverage, pressuring margins and fixed-cost absorption. If volumes remain weak over the next several quarters, SSAB may face prolonged margin headwinds and slower recovery in returns despite its product mix advantages.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Low leverage provides durable financial flexibility in a cyclical steel industry. With debt around 0.17x equity and ample equity relative to assets, SSAB can better absorb demand shocks, fund required capex or environmental investments, and avoid distressed financing needs over the next several quarters.
Read all positive factors
SSAB Corporation (SSAB.A) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr82.72B
Dividend Yield3.75%
Average Volume (3M)1.34M
Price to Earnings (P/E)40.0
Beta (1Y)1.30
Revenue Growth-5.66%
EPS Growth5.97%
CountrySE
Employees14,637
SectorGeneral
Sector StrengthN/A
IndustrySteel
Share Statistics
EPS (TTM)1.61
Shares Outstanding295,966,340
10 Day Avg. Volume1,299,246
30 Day Avg. Volume1,339,300
Financial Highlights & Ratios
PEG Ratio-0.57
Price to Book (P/B)1.02
Price to Sales (P/S)0.72
P/FCF Ratio-20.11
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
kr79.00Price Target Upside-6.77% Downside
Rating ConsensusHold
Number of Analyst Covering4
EPS Forecast (FY)7.11
Revenue Forecast (FY)kr100.92B
SSAB Corporation Business Overview & Revenue Model
Company Description
SSAB AB (publ) produces and sells steel products in the United States, Sweden, Finland, Germany, Denmark, and internationally. It operates through five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The...
How the Company Makes Money
SSAB makes money primarily by selling steel products and steel-related solutions to industrial customers. Revenue is generated through (1) sales of high-strength and advanced high-strength steels (which typically command premium pricing due to per...
SSAB Corporation Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
78
Positive
Cash Flow
52
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 96.03B | 96.22B | 103.45B | 119.49B | 124.98B | 95.89B |
| Gross Profit | 13.17B | 9.94B | 14.52B | 22.55B | -2.12B | 23.47B |
| EBITDA | 11.05B | 10.02B | 13.29B | 21.26B | 32.62B | 22.21B |
| Net Income | 5.38B | 4.90B | 6.52B | 13.03B | -10.88B | 14.66B |
Balance Sheet | ||||||
| Total Assets | 108.50B | 106.13B | 110.73B | 107.84B | 109.71B | 112.02B |
| Cash, Cash Equivalents and Short-Term Investments | 21.18B | 22.77B | 27.81B | 28.92B | 24.90B | 13.80B |
| Total Debt | 11.54B | 11.34B | 10.15B | 10.62B | 10.68B | 12.51B |
| Total Liabilities | 38.39B | 38.31B | 39.71B | 39.89B | 42.52B | 38.51B |
| Stockholders Equity | 70.08B | 67.78B | 70.97B | 67.87B | 67.12B | 73.48B |
Cash Flow | ||||||
| Free Cash Flow | -3.28B | -3.45B | 3.68B | 14.91B | 13.21B | 11.49B |
| Operating Cash Flow | 11.22B | 10.08B | 11.90B | 21.47B | 18.16B | 14.87B |
| Investing Cash Flow | -11.59B | -10.74B | -6.61B | -5.29B | -3.89B | -2.27B |
| Financing Cash Flow | -1.90B | -3.00B | -5.20B | -12.77B | -723.00M | -5.03B |
SSAB Corporation Technical Analysis
Positive
84.74
Price Trends
75.75
Positive
73.82
Positive
66.24
Positive
Market Momentum
2.45
Negative
69.51
Neutral
86.38
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SSAB.A, the sentiment is Positive. The current price of 84.74 is above the 20-day moving average (MA) of 75.55, above the 50-day MA of 75.75, and above the 200-day MA of 66.24, indicating a bullish trend. The MACD of 2.45 indicates Negative momentum. The RSI at 69.51 is Neutral, neither overbought nor oversold. The STOCH value of 86.38 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:SSAB.A.
SSAB Corporation Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | kr136.46B | 8.41 | 13.04% | ― | 9.10% | -4.02% | |
62 Neutral | kr82.72B | 39.99 | 7.29% | 3.75% | -5.66% | 5.97% | |
62 Neutral | kr25.88B | 15.59 | 13.67% | 4.87% | -5.45% | -12.48% | |
61 Neutral | kr20.53B | 30.52 | ― | 2.85% | -10.17% | -63.66% | |
58 Neutral | kr82.72B | 39.99 | 7.23% | 3.80% | -5.66% | 5.97% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
46 Neutral | kr496.61M | 23.37 | -50.84% | ― | -13.79% | -880.47% |
* General Sector Average
SE:SSAB.A
SSAB Corporation
82.44
22.95
38.57%
SE:BOL
Boliden AB
480.10
190.54
65.80%
SE:HPOL.B
Hexpol AB
75.15
-8.55
-10.22%
SE:SSAB.B
SSAB Corporation
83.24
24.66
42.10%
SE:BEGR
BE Group AB
25.50
-9.93
-28.03%
SE:ALLEI
Alleima AB
81.95
8.49
11.56%
SSAB Corporation Corporate Events
SSAB AGM Approves Dividend, New Incentive Plan and Share Buyback Mandate
Apr 28, 2026
SSAB’s 2026 annual general meeting in Stockholm approved a dividend of SEK 2.00 per share, adopted the 2025 financial statements and granted discharge from liability to the board and CEO, signaling confidence in the company’s recent pe...
SSAB Lifts Q1 Profit on Stronger European and U.S. Steel Operations
Apr 28, 2026
SSAB reported first-quarter 2026 revenue of SEK 25.3 billion, broadly flat year on year, while operating profit rose to SEK 2.2 billion on stronger performance in its Europe and Americas divisions. Earnings per share improved to SEK 1.61, net cash...
SSAB Sets April 28 Webcast for Q1 2026 Results
Apr 14, 2026
SSAB will publish its Q1 2026 report on April 28, 2026, at around 7:30 a.m. CEST and present the results in an English-language webcast at 10:00 a.m. the same day, led by President and CEO Johnny Sjöström and CFO Leena Craelius. The brie...
SSAB Targets Stronger Profits With Premium, Decarbonized Steel Strategy
Mar 17, 2026
SSAB Corporation is a 150-year-old steel producer that has built a strong reputation for innovation in premium and special steels. The company focuses on advanced steel grades and value-added services, aiming to deliver superior customer value whi...
SSAB Calls 2026 AGM, Offers In-Person and Postal Voting Options
Mar 17, 2026
SSAB has issued a formal notice convening its 2026 Annual General Meeting, scheduled for April 28 in Stockholm, where shareholders will address standard governance items including election of a meeting chair and approval of the agenda. The company...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.