SSAB Corporation (SSAB.B) AI Stock Analysis

• Market Cap: kr58.03B
• Dividend Yield: 4.55%
• Average Volume (3M): 3.32M
• Price to Earnings (P/E): 11.2
• Beta (1Y): 1.16
• Revenue Growth: -11.28%
• EPS Growth: -56.26%
• Country: SE
• Employees: 14,637
• Sector: Basic Materials
• Sector Strength: 66
• Industry: Steel
• EPS (TTM): 1.13
• Shares Outstanding: 700,651,370
• 10 Day Avg. Volume: 3,581,647
• 30 Day Avg. Volume: 3,316,020
• PEG Ratio: -0.42
• Price to Book (P/B): 0.52
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 13.09
• 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: kr73.00
• Price Target Upside: 25.91% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 65 Neutral
• Price Target: kr62.00 ▲(6.93%Upside)

SSAB Corporation's stock score of 65 reflects its financial stability and solid valuation metrics. The robust balance sheet and moderate P/E ratio are positive factors, but challenges in revenue growth and margin improvement need to be addressed. Technical indicators suggest a neutral market view, reinforcing the need for strategic action to drive stock performance.

SSAB Corporation Business Overview & Revenue Model

Company Description

SSAB Corporation (SSAB.B) is a leading global producer of high-strength steel and related products, headquartered in Sweden. The company operates within the steel industry, with a focus on providing advanced steel solutions for customers across various sectors, including automotive, construction, energy, and heavy transport. SSAB is renowned for its innovative approach to sustainable steel production, offering a range of products such as wear-resistant steels, high-strength structural steels, and protective coatings.

How the Company Makes Money

SSAB Corporation generates revenue primarily through the manufacturing and sale of steel products. The company's key revenue streams include the production and distribution of high-strength steels, which are used in demanding industries like automotive and construction. SSAB's revenue is supported by its extensive product portfolio, which includes high-strength structural steels and wear-resistant steels. The company also benefits from strategic partnerships and collaborations with major industrial players, enhancing its market reach and innovation capacity. Additionally, SSAB is focused on sustainability and efficiency, investing in technology to produce fossil-free steel, which could become a significant revenue driver as the market shifts towards environmentally friendly solutions.

SSAB Corporation Financial Statement Overview

Summary

SSAB Corporation shows financial stability with a strong balance sheet and effective cash generation capabilities. However, the income statement indicates challenges with declining growth rates and margins that require improvement. The low leverage and solid equity position provide resilience, but strategic actions are needed to enhance profitability in the competitive steel industry.

Income Statement

The TTM (Trailing-Twelve-Months) income statement shows a decline in total revenue and net income compared to the previous year, indicating challenges in maintaining growth. Gross profit margin is at 12.52%, and net profit margin is at 4.98%, both of which are relatively moderate for the steel industry. The EBIT margin of 6.03% and EBITDA margin of 10.10% suggest operational efficiency but highlight the need for cost control and revenue growth to enhance profitability.

Balance Sheet

SSAB Corporation's balance sheet reveals a strong equity position with an equity ratio of 65.51%, indicating financial stability. The debt-to-equity ratio is 0.14, which is low, showcasing prudent debt management. Return on equity (ROE) is 7.43%, reflecting moderate returns for shareholders. The solid equity base and low leverage suggest resilience against market fluctuations.

Cash Flow

The cash flow statements indicate a decrease in free cash flow from the previous year, with a free cash flow of SEK 1.89 billion in the TTM period. The operating cash flow to net income ratio is 1.84, showing strong cash generation ability. However, the negative growth in free cash flow signals potential challenges in sustaining cash generation amidst capital expenditures.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
101.79B	103.45B	119.49B	124.98B	95.89B	65.39B
	Gross Profit
12.74B	14.52B	22.55B	-2.12B	23.47B	3.78B
	EBIT
6.14B	7.86B	16.47B	-4.24B	18.84B	-312.00M
	EBITDA
10.28B	13.29B	21.26B	32.62B	22.21B	3.51B
	Net Income Common Stockholders
5.08B	6.52B	13.03B	-10.88B	14.66B	-490.00M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
23.83B	27.81B	28.92B	24.90B	13.80B	7.05B
	Total Assets
104.26B	110.73B	107.84B	109.71B	112.02B	88.60B
	Total Debt
9.66B	10.15B	10.62B	10.68B	12.51B	17.45B
	Net Debt
-14.17B	-17.66B	-18.29B	-14.22B	-1.29B	10.39B
	Total Liabilities
35.91B	39.71B	39.89B	42.52B	38.51B	34.51B
	Stockholders Equity
68.29B	70.97B	67.87B	67.12B	73.48B	53.99B
Cash Flow		Free Cash Flow
1.89B	3.68B	14.91B	13.21B	11.49B	2.16B
	Operating Cash Flow
9.34B	11.90B	21.47B	18.16B	14.87B	4.37B
	Investing Cash Flow
-6.49B	-6.61B	-5.29B	-3.89B	-2.27B	-2.18B
	Financing Cash Flow
-8.77B	-5.20B	-12.77B	-723.00M	-5.03B	685.00M

SSAB Corporation Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 57.98
• 50DMA: Negative
• 100DMA: Negative
• 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 57.98 is below the 20-day moving average (MA) of 58.42, above the 50-day MA of 57.75, and above the 200-day MA of 51.98, indicating a neutral trend. The MACD of -0.15 indicates Positive momentum. The RSI at 44.46 is Neutral, neither overbought nor oversold. The STOCH value of 21.82 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
BOL	71 Outperform	kr84.64B	7.24	17.43%	2.53%	19.17%	136.96%
GRNG	71 Outperform	kr12.86B	12.34	10.64%	2.59%	15.17%	3.32%
SCA.B	69 Neutral	kr86.57B	23.73	3.50%	2.43%	16.88%	12.52%
SSAB.B	65 Neutral	kr58.03B	11.21	7.27%	4.55%	-11.28%	-56.26%
BILL	59 Neutral	kr26.39B	13.16	6.58%	3.61%	9.83%	1070.42%
STE.A	52 Neutral	kr73.42B	―		64.28%	3.93%	―
Sector *	51 Neutral	$2.03B	-1.27	-21.09%	3.98%	2.91%	-30.50%