Education
About Us
Working with TipRanks
Follow Us
SSAB Corporation (SE:SSAB.B)
:SSAB.B
Top Page
SSAB Corporation
(LSE:SSAB.B)
77Outperform
SSAB Corporation (SSAB.B) vs. S&P 500 (SPY)
Market Cap
kr58.35B
Dividend Yield8.36%
Average Volume (3M)5.29M
Price to Earnings (P/E)8.9
Beta (1Y)1.22
Revenue Growth-13.45%
EPS Growth-48.41%
CountrySE
Employees14,568
SectorBasic Materials
Sector Strength59
IndustrySteel
Share Statistics
EPS (TTM)0.48
Shares Outstanding700,651,370
10 Day Avg. Volume4,953,063
30 Day Avg. Volume5,287,875
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
kr68.00Price Target Upside14.02% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
SSAB Corporation Business Overview & Revenue Model
Company DescriptionSSAB 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 MoneySSAB 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
Income Statement
Balance Sheet
Cash Flow
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 119.49B | 119.49B | 124.98B | 95.89B | 65.39B | Gross Profit |
| 22.55B | 22.55B | -2.12B | 23.47B | 3.78B | EBIT |
| 16.47B | 16.47B | -4.24B | 18.84B | -312.00M | EBITDA |
| 20.70B | 21.26B | 32.62B | 22.21B | 3.51B | Net Income Common Stockholders |
| 13.03B | 13.03B | -10.88B | 14.66B | -490.00M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 27.81B | 28.92B | 24.90B | 13.80B | 7.05B | Total Assets |
| 110.73B | 107.84B | 109.71B | 112.02B | 88.60B | Total Debt |
| 10.15B | 10.62B | 10.68B | 12.51B | 17.45B | Net Debt |
| -17.66B | -18.29B | -14.22B | -1.29B | 10.39B | Total Liabilities |
| 39.71B | 39.89B | 42.52B | 38.51B | 34.51B | Stockholders Equity |
| 70.97B | 67.87B | 67.12B | 73.48B | 53.99B |
| Cash Flow | Free Cash Flow | |||
| 3.68B | 14.91B | 13.21B | 11.49B | 2.16B | Operating Cash Flow |
| 11.90B | 21.47B | 18.16B | 14.87B | 4.37B | Investing Cash Flow |
| -6.61B | -5.29B | -3.89B | -2.27B | -2.18B | Financing Cash Flow |
| -5.20B | -12.77B | -723.00M | -5.03B | 685.00M |
SSAB Corporation Technical Analysis
Positive
59.64
Price Trends
62.69
Negative
55.06
Positive
52.73
Positive
Market Momentum
-1.29
Negative
49.95
Neutral
77.35
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SSAB.B, the sentiment is Positive. The current price of 59.64 is above the 20-day moving average (MA) of 58.49, below the 50-day MA of 62.69, and above the 200-day MA of 52.73, indicating a neutral trend. The MACD of -1.29 indicates Negative momentum. The RSI at 49.95 is Neutral, neither overbought nor oversold. The STOCH value of 77.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:SSAB.B.
SSAB Corporation Peers Comparison
Overall Rating
UnderperformOutperform
Sector (49)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | kr58.35B | 8.92 | 9.40% | 8.36% | -13.45% | -48.41% | |
67 Neutral | kr79.07B | 7.59 | 17.43% | 2.59% | 19.17% | 136.96% | |
67 Neutral | kr24.69B | 14.15 | 6.25% | 2.02% | 4.48% | 260.47% | |
65 Neutral | kr89.46B | 25.12 | 3.49% | 2.11% | 11.90% | -0.98% | |
64 Neutral | kr11.92B | 11.76 | 10.65% | 2.64% | 4.39% | 0.40% | |
49 Neutral | $1.95B | -1.50 | -21.97% | 3.79% | 0.66% | -27.21% | |
46 Neutral | kr70.66B | ― | 2.75% | -3.89% | ― |
* Basic Materials Sector Average
Performance Comparison
SE:SSAB.B
SSAB Corporation
59.82
-1.88
-3.05%
SE:BILL
BillerudKorsnas AB
99.45
10.06
11.25%
SE:BOL
Boliden AB
299.20
-56.00
-15.77%
SE:STE.A
Stora Enso Oyj
92.40
-51.15
-35.63%
SE:SCA.B
Svenska Cellulosa SCA AB
127.45
-27.58
-17.79%
SE:GRNG
Granges AB
125.10
0.67
0.54%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
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.