SSAB Corporation (SSAB.A) AI Stock Analysis

• Market Cap: kr54.15B
• Dividend Yield: 4.63%
• Average Volume (3M): 1.05M
• Price to Earnings (P/E): 12.2
• Beta (1Y): 1.11
• Revenue Growth: -10.87%
• EPS Growth: -55.90%
• Country: SE
• Employees: 14,637
• Sector: Basic Materials
• Sector Strength: 57
• Industry: Steel
• EPS (TTM): 1.86
• Shares Outstanding: 295,966,340
• 10 Day Avg. Volume: 1,192,293
• 30 Day Avg. Volume: 1,047,067
• 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: kr61.93
• Price Target Upside: 12.23% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 7

• Rating: 61 Neutral
• Price Target: kr58.00 ▲(5.11% Upside)

SSAB Corporation's overall stock score reflects a combination of financial stability and valuation attractiveness, offset by technical weakness and cash flow challenges. The company's strong balance sheet and reasonable valuation are positive factors, but declining revenue growth and liquidity issues need attention. Technical indicators suggest bearish momentum, which impacts the overall score.

SSAB Corporation Business Overview & Revenue Model

Company Description

SSAB Corporation (SSAB.A) is a leading Nordic and US-based steel company, specializing in the production of high-strength steel and related products. The company operates in two primary sectors: SSAB Special Steels, which focuses on advanced high-strength and wear-resistant steels, and SSAB Europe, which produces a range of strip, plate, and tube products. Additionally, SSAB Americas is a major player in the production of steel plate in North America. The company serves various industries including automotive, construction, heavy transport, and energy, providing materials that enhance performance and sustainability.

How the Company Makes Money

SSAB Corporation generates revenue primarily through the sale of steel products across its different divisions, targeting industries that require high-strength and wear-resistant materials. The company's revenue streams include the production and sale of specialized steel products, such as Hardox and Strenx, which are used in demanding applications. Key to its earnings is its ability to cater to global markets with a focus on innovation and product quality. SSAB also benefits from strategic partnerships and collaborations that enhance its service offerings and expand its market reach. Additionally, the company invests in sustainability and efficiency improvements, which can lead to cost savings and strengthen its competitive position.

SSAB Corporation Financial Statement Overview

Summary

SSAB Corporation faces challenges with declining revenue and profit margins in a tough market. Despite this, the company's operational efficiency and strong balance sheet provide stability. The healthy cash flow situation, although weakened, still supports the company’s operations and strategic initiatives. Overall, SSAB Corporation demonstrates resilience with potential for recovery if market conditions improve.

Income Statement

SSAB Corporation showed a mixed performance in its income statement. The gross profit margin is currently 12.52% for TTM, reflecting a significant decrease from previous periods, mainly due to declining revenue and gross profits. The net profit margin also declined to 4.98% TTM. Revenue growth has been negative, indicating a challenging market environment. However, EBITDA margin remains relatively strong at 10.10% TTM, showcasing operational efficiency amidst the downturn.

Balance Sheet

SSAB Corporation's balance sheet remains strong with a debt-to-equity ratio of 0.14, indicating low leverage and financial stability. The equity ratio is high at 65.51%, reflecting a solid equity base and low debt levels. The return on equity is slightly lower at 7.43% TTM, which shows profitability challenges but remains positive.

Cash Flow

The cash flow statement highlights a decline in free cash flow growth, which is concerning. However, the company maintains a healthy operating cash flow to net income ratio of 1.84 TTM, indicating strong cash generation capabilities. The free cash flow to net income ratio is 0.37, suggesting adequate cash flow to cover net income, albeit reduced from previous years.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	99.14B	103.45B	119.49B	124.98B	95.89B	65.39B
Gross Profit	11.79B	14.52B	22.55B	-2.12B	23.47B	3.78B
EBITDA	9.40B	13.29B	21.26B	32.62B	22.21B	3.51B
Net Income	4.51B	6.52B	13.03B	-10.88B	14.66B	-490.00M
Balance Sheet
Total Assets	102.49B	110.73B	107.84B	109.71B	112.02B	88.60B
Cash, Cash Equivalents and Short-Term Investments	20.30B	27.81B	28.92B	24.90B	13.80B	7.05B
Total Debt	9.41B	10.15B	10.62B	10.68B	12.51B	17.45B
Total Liabilities	35.45B	39.71B	39.89B	42.52B	38.51B	34.51B
Stockholders Equity	67.00B	70.97B	67.87B	67.12B	73.48B	53.99B
Cash Flow
Free Cash Flow	-914.00M	3.68B	14.91B	13.21B	11.49B	2.16B
Operating Cash Flow	9.04B	11.90B	21.47B	18.16B	14.87B	4.37B
Investing Cash Flow	-7.71B	-6.61B	-5.29B	-3.89B	-2.27B	-2.18B
Financing Cash Flow	-5.31B	-5.20B	-12.77B	-723.00M	-5.03B	685.00M

SSAB Corporation Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 55.18
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SSAB.A, the sentiment is Negative. The current price of 55.18 is below the 20-day moving average (MA) of 59.86, below the 50-day MA of 58.86, and above the 200-day MA of 54.89, indicating a neutral trend. The MACD of -0.88 indicates Positive momentum. The RSI at 37.13 is Neutral, neither overbought nor oversold. The STOCH value of 2.35 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:SSAB.A.

SSAB Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SSAB.A	61 Neutral	kr54.15B	12.19	6.67%	4.63%	-10.87%	-55.90%
Sector *	56 Neutral	£2.43B	6.24	-6.09%	48.60%	16.48%	3.09%
0GWS	―	kr20.85B	11.30	6.73%	―	―	―
0YAL	―	kr86.72B	10.53	12.34%	―	―	―
0R9X	―	kr13.96B	14.17	10.50%	―	―	―
0M32	―	kr81.20B	―		―	―	―
0MCK	―	kr87.70B	23.13	3.64%	―	―	―

SSAB Corporation Corporate Events

SSAB Schedules Q2 2025 Report Briefing

SSAB has announced a briefing for its Q2 2025 report, scheduled for July 23, 2025, where the report will be presented by the company’s President and CEO, Johnny Sjöström, and CFO, Leena Craelius. This announcement underscores SSAB’s commitment to transparency and engagement with stakeholders, reflecting its strategic focus on sustainable steel production and market leadership.

The most recent analyst rating on ($SE:SSAB.A) stock is a Hold with a SEK56.00 price target. To see the full list of analyst forecasts on SSAB Corporation stock, see the SE:SSAB.A Stock Forecast page.

SSAB Secures EUR 430 Million Green Financing for Luleå Transformation

SSAB has secured an additional EUR 430 million in green financing to support its transformation project in Luleå, Sweden, which aims to establish a state-of-the-art mini-mill. This project is crucial for repositioning SSAB Europe as a premium product maker while significantly reducing costs and CO2 emissions. The financing package, structured under the Green Loan Principles, marks a key milestone in SSAB’s transformation journey and reflects strong support from various partners. The new mini-mill will have a capacity of 2.5 million tonnes per year and will utilize a flexible mix of fossil-free sponge iron, pig iron, and recycled scrap, ultimately reducing Sweden’s CO2 emissions by 7%.

The most recent analyst rating on ($SE:SSAB.A) stock is a Hold with a SEK56.00 price target. To see the full list of analyst forecasts on SSAB Corporation stock, see the SE:SSAB.A Stock Forecast page.

SSAB Postpones Luleå Steel Mill Commissioning by 12 Months

SSAB has announced a 12-month postponement in the commissioning of its new steel mill in Luleå due to delays in the reinforcement of the transmission grid by Vattenfall Eldistribution. The delay, which shifts the start-up from the end of 2028 to the end of 2029, is due to technical challenges faced by Svenska kraftnät in modernizing the existing grid. Despite the delay, the investment framework of 4.5 billion euros remains unchanged, and SSAB is in dialogue with stakeholders to ensure a sustainable project plan moving forward.

The most recent analyst rating on ($SE:SSAB.A) stock is a Hold with a SEK56.00 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 in Sweden

SSAB has announced its Capital Markets Day 2025, scheduled for November 4 in Oxelösund, Sweden, where the company will showcase its high-strength steel offerings and strategic plans. This event, featuring presentations from CEO Johnny Sjöström and other executives, aims to provide insights into SSAB’s future direction and includes a site visit to their new EAF construction, highlighting the company’s commitment to sustainable steel production.

The most recent analyst rating on ($SE:SSAB.A) stock is a Hold with a SEK56.00 price target. To see the full list of analyst forecasts on SSAB Corporation stock, see the SE:SSAB.A Stock Forecast page.