Want to see SE:SSAB.B full AI Analyst Report?
Top Page
SSAB Corporation
(SSAB.B)
Select Model
Select Model
Rating:66Neutral
Price Target:
kr105.00
▲(24.82% Upside)
Action:Reiterated
Date:07/23/26
The score is driven mainly by solid current profitability and a strong, conservative balance sheet, offset by weak and volatile free cash flow (negative in TTM). Technicals are supportive with an uptrend and positive momentum, while valuation is neutral with a mid-range P/E and a modest dividend yield.
Positive Factors
Conservative balance sheet and low leverage
SSAB’s low debt-to-equity (~0.16 TTM) and conservative leverage give it durability through steel cycles, preserving financial flexibility for capex, decarbonization projects and temporary demand shocks. This reduces refinancing risk and supports long-term strategic investments.
Negative Factors
Volatile and occasionally negative free cash flow
Negative and volatile free cash flow despite positive operating cash flow suggests working-capital swings and elevated investment timing risk. This reduces certainty of shareholder returns, limits discretionary buybacks/dividends, and constrains flexibility if markets soften.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet and low leverage
SSAB’s low debt-to-equity (~0.16 TTM) and conservative leverage give it durability through steel cycles, preserving financial flexibility for capex, decarbonization projects and temporary demand shocks. This reduces refinancing risk and supports long-term strategic investments.
Read all positive factors
SSAB Corporation (SSAB.B) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr107.20B
Dividend Yield1.85%
Average Volume (3M)4.00M
Price to Earnings (P/E)19.2
Beta (1Y)1.27
Revenue Growth-1.26%
EPS Growth24.28%
CountrySE
Employees14,609
SectorGeneral
Sector StrengthN/A
IndustrySteel
Share Statistics
EPS (TTM)5.63
Shares Outstanding700,651,370
10 Day Avg. Volume4,025,900
30 Day Avg. Volume4,003,338
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 TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)7.48
Revenue Forecast (FY)kr104.47B
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...
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...
SSAB Corporation Financial Statement Overview
Summary
Income Statement
68
Positive
Balance Sheet
80
Positive
Cash Flow
45
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 97.89B | 96.22B | 103.45B | 119.49B | 124.98B | 95.89B |
| Gross Profit | 13.72B | 9.94B | 14.52B | 22.55B | -2.12B | 23.47B |
| EBITDA | 11.64B | 10.02B | 13.29B | 21.26B | 32.62B | 22.21B |
| Net Income | 5.61B | 4.90B | 6.52B | 13.03B | -10.88B | 14.66B |
Balance Sheet | ||||||
| Total Assets | 111.61B | 106.13B | 110.73B | 107.84B | 109.71B | 112.02B |
| Cash, Cash Equivalents and Short-Term Investments | 19.66B | 22.77B | 27.81B | 28.92B | 24.90B | 13.80B |
| Total Debt | 10.86B | 11.34B | 10.15B | 10.62B | 10.68B | 12.51B |
| Total Liabilities | 40.76B | 38.31B | 39.71B | 39.89B | 42.52B | 38.51B |
| Stockholders Equity | 70.81B | 67.78B | 70.97B | 67.87B | 67.12B | 73.48B |
Cash Flow | ||||||
| Free Cash Flow | -26.00M | -3.45B | 3.68B | 14.91B | 13.21B | 11.49B |
| Operating Cash Flow | 12.17B | 10.08B | 11.90B | 21.47B | 18.16B | 14.87B |
| Investing Cash Flow | -10.60B | -10.74B | -6.61B | -5.29B | -3.89B | -2.27B |
| Financing Cash Flow | -2.19B | -3.00B | -5.20B | -12.77B | -723.00M | -5.03B |
SSAB Corporation Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | kr149.22B | 11.76 | 16.31% | 2.29% | 13.43% | 52.37% | |
66 Neutral | kr107.20B | 19.16 | 8.10% | 3.80% | -1.26% | 24.28% | |
64 Neutral | kr29.63B | 32.45 | ― | 2.85% | -6.76% | -19.29% | |
59 Neutral | kr9.71B | 14.29 | 9.30% | 4.57% | -3.25% | 125.54% | |
57 Neutral | kr19.64B | 16.30 | 11.94% | 2.29% | 22.70% | 21.29% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
49 Neutral | kr605.67M | -10.87 | -4.77% | ― | -8.92% | 91.90% |
* General Sector Average
SE:SSAB.B
SSAB Corporation
107.85
54.13
100.76%
SE:BOL
Boliden AB
525.00
221.55
73.01%
SE:GRNG
Granges AB
184.40
52.00
39.28%
SE:LIAB
Lindab International AB
127.00
-69.56
-35.39%
SE:BEGR
BE Group AB
31.10
2.20
7.61%
SE:ALLEI
Alleima AB
118.30
52.41
79.53%
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.