SSAB Corporation (SSAB.B) AI Stock Analysis

• Market Cap: kr93.98B
• Dividend Yield: 3.8%
• Average Volume (3M): 4.00M
• Price to Earnings (P/E): 17.5
• Beta (1Y): 1.34
• Revenue Growth: -5.66%
• EPS Growth: 5.97%
• Country: SE
• Employees: 14,637
• Sector: General
• Sector Strength: N/A
• Industry: Steel
• EPS (TTM): 5.40
• Shares Outstanding: 700,651,370
• 10 Day Avg. Volume: 4,025,900
• 30 Day Avg. Volume: 4,003,338
• 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 Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 7.42
• Revenue Forecast (FY): kr102.32B

• Rating: 58 Neutral
• Price Target: kr98.00 ▲(16.50% Upside)
• Action: Reiterated
• Date: 04/30/26

Positive Factors

Conservative balance sheet / low leverage

A very low debt-to-equity (~0.17) gives SSAB durable financial flexibility through steel cycles. That balance-sheet strength supports funding capex, managing working-capital swings, and pursuing decarbonization or strategic investments without forcing distressed asset sales or heavy refinancing.

Negative Factors

Material revenue decline

A ~19% TTM revenue decline signals sustained demand weakness or volume loss, which undermines operating leverage. Persistently lower volumes reduce fixed-cost absorption, pressure margins and returns, and can impair long-term investment capacity and competitiveness if not reversed.

SSAB Corporation Business Overview & Revenue Model

Company Description

SSAB AB (publ), a Swedish company established in 1878 and headquartered in Stockholm, Sweden, is a leading global manufacturer and supplier of steel products. Its operations span the United States, Sweden, Finland, Germany, Denmark, and various ot...

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SSAB AB (publ), a Swedish company established in 1878 and headquartered in Stockholm, Sweden, is a leading global manufacturer and supplier of steel products. Its operations span the United States, Sweden, Finland, Germany, Denmark, and various ot...

How the Company Makes Money

SSAB primarily makes money by producing and selling steel products to industrial customers under its operating divisions (commonly reported as SSAB Special Steels, SSAB Europe, SSAB Americas, and Tibnor). Revenue is largely generated from (1) sale...

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SSAB primarily makes money by producing and selling steel products to industrial customers under its operating divisions (commonly reported as SSAB Special Steels, SSAB Europe, SSAB Americas, and Tibnor). Revenue is largely generated from (1) sale...

SSAB Corporation Financial Statement Overview

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

• Technical Analysis Sentiment: Neutral
• Last Price: 84.12
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SSAB.B, the sentiment is Neutral. The current price of 84.12 is below the 20-day moving average (MA) of 96.01, below the 50-day MA of 87.75, and above the 200-day MA of 70.68, indicating a neutral trend. The MACD of 3.23 indicates Positive momentum. The RSI at 51.52 is Neutral, neither overbought nor oversold. The STOCH value of 42.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:SSAB.B.

SSAB Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HPOL.B	75 Outperform	kr25.49B	13.79	13.67%	4.87%	-8.75%	-14.76%
BOL	70 Outperform	kr161.72B	14.65	13.04%	―	9.10%	-4.02%
SSAB.B	58 Neutral	kr93.98B	17.46	7.23%	3.80%	-5.66%	5.97%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
BILL	52 Neutral	kr15.41B	200.09	2.55%	3.81%	-12.11%	-95.84%
STE.R	50 Neutral	kr83.88B	12.39	―	3.46%	-3.54%	―
STE.A	47 Neutral	kr83.88B	12.39	―	2.50%	-3.54%	―