SSAB Corporation (SSAB.A) AI Stock Analysis

• Market Cap: kr57.66B
• Dividend Yield: 4.01%
• Average Volume (3M): 1.34M
• Price to Earnings (P/E): 11.8
• Beta (1Y): 1.22
• Revenue Growth: -8.04%
• EPS Growth: -37.18%
• Country: SE
• Employees: 14,637
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): 1.49
• Shares Outstanding: 295,966,340
• 10 Day Avg. Volume: 1,299,246
• 30 Day Avg. Volume: 1,339,300
• PEG Ratio: -0.14
• Price to Book (P/B): 0.62
• Price to Sales (P/S): 0.42
• P/FCF Ratio: 11.89
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: kr64.48
• Price Target Upside: -3.47% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: kr76.00 ▲(13.77% Upside)

SSAB Corporation's stock score is driven primarily by strong technical indicators and a solid valuation. The financial performance is mixed, with a strong balance sheet but challenges in income and cash flow. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Strong Balance Sheet

A strong balance sheet with low leverage provides SSAB with financial stability and flexibility to navigate industry challenges and invest in growth.

Product Innovation

Innovation in high-strength steel positions SSAB as a leader in sustainable solutions, enhancing its competitive edge and market appeal.

Strategic Partnerships

Strategic partnerships secure consistent demand and revenue streams, supporting long-term business stability and growth potential.

Negative Factors

Declining Revenue Growth

A decline in revenue growth suggests challenges in market demand or competitive pressures, potentially impacting future profitability.

Negative Free Cash Flow

Negative free cash flow limits SSAB's ability to fund new projects or expand operations, potentially hindering long-term growth.

Decreased Profit Margins

Decreasing profit margins indicate rising costs or pricing pressures, which could erode profitability if not addressed.

SSAB Corporation Business Overview & Revenue Model

Company Description

SSAB Corporation (SSAB.A) is a leading steel manufacturer based in Sweden, primarily focused on producing high-strength steel and value-added steel products. The company operates through several segments, including Heavy Plate, Hot Rolled, and Cold Rolled products, catering to various industries such as automotive, construction, and energy. SSAB is recognized for its innovation in steel production and sustainability efforts, emphasizing the development of advanced high-strength steel that contributes to lighter and more fuel-efficient vehicles.

How the Company Makes Money

SSAB generates revenue primarily through the sale of its steel products across different sectors. The company's key revenue streams include the production and sale of hot rolled, cold rolled, and heavy plate steel, as well as specialty steel products designed for specific applications. Additionally, SSAB benefits from strategic partnerships with major industry players, ensuring stable demand for its products. The company also engages in ongoing research and development to enhance its product offerings, which can lead to premium pricing for its advanced steel solutions. Market dynamics, such as global steel demand and pricing fluctuations, also significantly impact SSAB's earnings.

SSAB Corporation Financial Statement Overview

Summary

SSAB Corporation's financial performance shows mixed results. The income statement indicates declining revenue and profit margins, although operational efficiency is maintained. The balance sheet is strong with low leverage, but cash flow challenges are evident, particularly with a negative free cash flow growth rate.

Income Statement

SSAB Corporation's income statement shows a mixed performance. The TTM data indicates a decline in revenue growth rate by 2.6%, reflecting a challenging market environment. Gross profit margin has decreased to 11.89% from 14.04% in the previous year, and net profit margin has also declined to 4.55% from 6.30%. However, the company maintains a positive EBIT margin of 5.25% and EBITDA margin of 9.48%, indicating operational efficiency despite revenue pressures.

Balance Sheet

The balance sheet of SSAB Corporation remains relatively strong with a low debt-to-equity ratio of 0.14, suggesting prudent financial leverage. The equity ratio stands at 65.37%, indicating a solid equity base. However, the return on equity has decreased to 6.58% from 9.19% in the previous year, reflecting reduced profitability. Overall, the balance sheet indicates financial stability with manageable debt levels.

Cash Flow

The cash flow statement reveals some concerns, particularly with a negative free cash flow growth rate of -148.26% in the TTM period, indicating cash flow challenges. The operating cash flow to net income ratio is 0.38, suggesting that operating cash flows are not fully covering net income. Additionally, the free cash flow to net income ratio is negative, highlighting potential liquidity issues. These factors suggest a need for improved cash flow management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	97.73B	103.45B	119.49B	124.98B	95.89B	65.39B
Gross Profit	12.40B	14.52B	22.55B	-2.12B	23.47B	3.78B
EBITDA	10.01B	13.29B	21.26B	32.62B	22.21B	3.51B
Net Income	4.95B	6.52B	13.03B	-10.88B	14.66B	-490.00M
Balance Sheet
Total Assets	104.51B	110.73B	107.84B	109.71B	112.02B	88.60B
Cash, Cash Equivalents and Short-Term Investments	20.29B	27.81B	28.92B	24.90B	13.80B	7.05B
Total Debt	9.26B	10.15B	10.62B	10.68B	12.51B	17.45B
Total Liabilities	36.40B	39.71B	39.89B	42.52B	38.51B	34.51B
Stockholders Equity	68.07B	70.97B	67.87B	67.12B	73.48B	53.99B
Cash Flow
Free Cash Flow	-907.00M	3.68B	14.91B	13.21B	11.49B	2.16B
Operating Cash Flow	10.18B	11.90B	21.47B	18.16B	14.87B	4.37B
Investing Cash Flow	-8.75B	-6.61B	-5.29B	-3.89B	-2.27B	-2.18B
Financing Cash Flow	-4.05B	-5.20B	-12.77B	-723.00M	-5.03B	685.00M

SSAB Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 66.80
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: 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 66.8 is above the 20-day moving average (MA) of 62.06, above the 50-day MA of 60.80, and above the 200-day MA of 59.45, indicating a bullish trend. The MACD of 1.41 indicates Negative momentum. The RSI at 70.59 is Negative, neither overbought nor oversold. The STOCH value of 95.89 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ALLEI	73 Outperform	kr20.21B	20.62	―	2.79%	-2.06%	-26.19%
SSAB.A	73 Outperform	kr57.66B	11.81	7.29%	4.01%	-8.04%	-37.18%
HPOL.B	73 Outperform	kr29.41B	15.03	13.67%	4.87%	-4.11%	-17.57%
BOL	72 Outperform	kr116.79B	14.16	11.99%	―	8.30%	-8.62%
SSAB.B	65 Neutral	kr57.66B	11.58	7.29%	3.97%	-8.04%	-37.18%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
BEGR	54 Neutral	€522.90M	―	-46.11%	―	-15.98%	-2831.45%

SSAB Corporation Corporate Events

SSAB Reports Strong Q3 2025 Performance Amid Market Challenges

SSAB reported an increase in operating results for Q3 2025, driven by strong performance in SSAB Americas, despite a slight decline from the previous quarter due to seasonal factors. The company saw significant improvements in operating cash flow and safety measures, with a cautious European market and softened North American prices impacting operations. SSAB supports new European Commission measures to strengthen the steel industry, while US tariffs have had limited direct impact due to local production.

The most recent analyst rating on ($SE:SSAB.A) stock is a Buy with a SEK75.00 price target. To see the full list of analyst forecasts on SSAB Corporation stock, see the SE:SSAB.A Stock Forecast page.

SSAB Announces 2026 Financial Reporting Schedule

SSAB has announced the schedule for its financial reports in 2026, including the year-end report for 2025 and interim reports for the first three quarters of 2026. The company also plans to hold its Annual General Meeting on April 28, 2026. This announcement provides stakeholders with a clear timeline for financial disclosures, which is crucial for investors and analysts tracking the company’s performance.

The most recent analyst rating on ($SE:SSAB.A) stock is a Hold with a SEK67.00 price target. To see the full list of analyst forecasts on SSAB Corporation stock, see the SE:SSAB.A Stock Forecast page.

SSAB Announces Q3 2025 Report Briefing

SSAB has announced a briefing for its Q3 2025 report, scheduled for October 22, 2025, where the report will be presented by the company’s President and CEO, Johnny Sjöström, and CFO, Leena Craelius. The presentation will be available via live webcast and teleconference, highlighting the company’s commitment to transparency and stakeholder engagement.

The most recent analyst rating on ($SE:SSAB.A) stock is a Hold with a SEK67.00 price target. To see the full list of analyst forecasts on SSAB Corporation stock, see the SE:SSAB.A Stock Forecast page.

SSAB Faces Sanction Evaluation Over Goodwill Impairment Disclosure

The Swedish Financial Supervisory Authority (FI) has initiated a sanction evaluation regarding SSAB’s disclosure of a goodwill impairment reported in December 2022. SSAB maintains that the impairment was reported in accordance with guidelines, a stance supported by its auditors and external experts. This development could impact SSAB’s financial transparency and stakeholder trust.

The most recent analyst rating on ($SE:SSAB.A) stock is a Hold with a SEK59.00 price target. To see the full list of analyst forecasts on SSAB Corporation stock, see the SE:SSAB.A Stock Forecast page.

SSAB Announces Capital Markets Day 2025 at Oxelösund Steel Mill

SSAB Corporation has announced its Capital Markets Day, scheduled for November 4, 2025, at its steel mill in Oxelösund, Sweden. The event will provide insights into SSAB’s high-strength steels and premium products, as well as the company’s strategic direction. Attendees will have the opportunity to tour the construction of the new Electric Arc Furnace (EAF) and other site areas, enhancing understanding of SSAB’s operations and future plans. This event underscores SSAB’s commitment to innovation and sustainability, potentially strengthening its market position and stakeholder relations.

The most recent analyst rating on ($SE:SSAB.A) stock is a Hold with a SEK59.00 price target. To see the full list of analyst forecasts on SSAB Corporation stock, see the SE:SSAB.A Stock Forecast page.