STEELCASE INC-CL A (SCS) Stock Fundamental Analysis
USA - NYSE:SCS - US8581552036 - Common Stock
16.78 USD
+0.04 (+0.24%)
16.78 USD
0 (0%)
Overall SCS gets a fundamental rating of 5 out of 10. We evaluated SCS against 82 industry peers in the Commercial Services & Supplies industry. SCS has only an average score on both its financial health and profitability. SCS is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year SCS was profitable.
SCS had a positive operating cash flow in the past year.
In the past 5 years SCS has always been profitable.
SCS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
SCS's Return On Assets of 3.92% is fine compared to the rest of the industry. SCS outperforms 67.07% of its industry peers.
SCS's Return On Equity of 9.07% is fine compared to the rest of the industry. SCS outperforms 67.07% of its industry peers.
SCS has a Return On Invested Capital of 7.24%. This is in the better half of the industry: SCS outperforms 63.41% of its industry peers.
SCS had an Average Return On Invested Capital over the past 3 years of 6.65%. This is below the industry average of 10.38%.
The last Return On Invested Capital (7.24%) for SCS is above the 3 year average (6.65%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.92% | ||
| ROE | 9.07% | ||
| ROIC | 7.24% |
ROA(3y)3.35%
ROA(5y)2.26%
ROE(3y)8.39%
ROE(5y)5.66%
ROIC(3y)6.65%
ROIC(5y)4.99%
1.3 Margins
SCS has a Profit Margin (2.83%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of SCS has declined.
SCS has a Operating Margin of 4.68%. This is comparable to the rest of the industry: SCS outperforms 47.56% of its industry peers.
In the last couple of years the Operating Margin of SCS has declined.
Looking at the Gross Margin, with a value of 33.60%, SCS is in line with its industry, outperforming 54.88% of the companies in the same industry.
SCS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.68% | ||
| PM (TTM) | 2.83% | ||
| GM | 33.6% |
OM growth 3Y94.51%
OM growth 5Y-5.06%
PM growth 3Y197.03%
PM growth 5Y-6.86%
GM growth 3Y6.72%
GM growth 5Y0.45%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SCS is destroying value.
The number of shares outstanding for SCS has been reduced compared to 1 year ago.
Compared to 5 years ago, SCS has less shares outstanding
Compared to 1 year ago, SCS has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.27 indicates that SCS is not in any danger for bankruptcy at the moment.
The Altman-Z score of SCS (3.27) is better than 65.85% of its industry peers.
SCS has a Debt/Equity ratio of 0.44. This is a healthy value indicating a solid balance between debt and equity.
SCS has a Debt to Equity ratio (0.44) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.27 |
ROIC/WACC0.92
WACC7.86%
2.3 Liquidity
SCS has a Current Ratio of 1.66. This is a normal value and indicates that SCS is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.66, SCS is in line with its industry, outperforming 58.54% of the companies in the same industry.
A Quick Ratio of 1.18 indicates that SCS should not have too much problems paying its short term obligations.
SCS has a worse Quick ratio (1.18) than 60.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.66 | ||
| Quick Ratio | 1.18 |
3. Growth
3.1 Past
SCS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.04%, which is quite good.
The Earnings Per Share has been decreasing by -5.84% on average over the past years.
The Revenue has been growing slightly by 3.92% in the past year.
SCS shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.19% yearly.
EPS 1Y (TTM)12.04%
EPS 3Y233.22%
EPS 5Y-5.84%
EPS Q2Q%15.38%
Revenue 1Y (TTM)3.92%
Revenue growth 3Y4.52%
Revenue growth 5Y-3.19%
Sales Q2Q%4.83%
3.2 Future
The Earnings Per Share is expected to grow by 7.29% on average over the next years.
The Revenue is expected to grow by 3.54% on average over the next years.
EPS Next Y-2.64%
EPS Next 2Y7.29%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.26%
Revenue Next 2Y3.54%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
SCS is valuated correctly with a Price/Earnings ratio of 13.87.
80.49% of the companies in the same industry are more expensive than SCS, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of SCS to the average of the S&P500 Index (26.91), we can say SCS is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 13.13, the valuation of SCS can be described as correct.
Based on the Price/Forward Earnings ratio, SCS is valued cheaply inside the industry as 80.49% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of SCS to the average of the S&P500 Index (22.92), we can say SCS is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.87 | ||
| Fwd PE | 13.13 |
4.2 Price Multiples
SCS's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. SCS is cheaper than 70.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y7.29%
EPS Next 3YN/A
5. Dividend
5.1 Amount
SCS has a Yearly Dividend Yield of 2.39%.
SCS's Dividend Yield is rather good when compared to the industry average which is at 2.51. SCS pays more dividend than 86.59% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, SCS has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.39% |
5.2 History
The dividend of SCS decreases each year by -6.70%.
SCS has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of SCS decreased recently.
Dividend Growth(5Y)-6.7%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
51.74% of the earnings are spent on dividend by SCS. This is a bit on the high side, but may be sustainable.
DP51.74%
EPS Next 2Y7.29%
EPS Next 3YN/A
16.78
+0.04 (+0.24%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners82.56%
Inst Owner Change-0.53%
Ins Owners3.67%
Ins Owner Change24.69%
Market Cap1.93B
Revenue(TTM)3.26B
Net Income(TTM)92.20M
Analysts76.67
Price Target16.58 (-1.19%)
Short Float %2.33%
Short Ratio1.53
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.39% |
Yearly Dividend0.42
Dividend Growth(5Y)-6.7%
DP51.74%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)34.37%
Min EPS beat(2)22.07%
Max EPS beat(2)46.68%
EPS beat(4)4
Avg EPS beat(4)32.33%
Min EPS beat(4)22.07%
Max EPS beat(4)46.68%
EPS beat(8)8
Avg EPS beat(8)29.15%
EPS beat(12)12
Avg EPS beat(12)81.87%
EPS beat(16)14
Avg EPS beat(16)31.96%
Revenue beat(2)2
Avg Revenue beat(2)1.41%
Min Revenue beat(2)1.16%
Max Revenue beat(2)1.66%
Revenue beat(4)2
Avg Revenue beat(4)0.24%
Min Revenue beat(4)-1.69%
Max Revenue beat(4)1.66%
Revenue beat(8)2
Avg Revenue beat(8)-0.89%
Revenue beat(12)5
Avg Revenue beat(12)0.18%
Revenue beat(16)6
Avg Revenue beat(16)-0.04%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-2.06%
EPS NQ rev (3m)-2.06%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0.43%
Revenue NQ rev (3m)0.43%
Revenue NY rev (1m)0.76%
Revenue NY rev (3m)0.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.87 | ||
| Fwd PE | 13.13 | ||
| P/S | 0.59 | ||
| P/FCF | N/A | ||
| P/OCF | 111.29 | ||
| P/B | 1.89 | ||
| P/tB | 2.87 | ||
| EV/EBITDA | 9 |
EPS(TTM)1.21
EY7.21%
EPS(NY)1.28
Fwd EY7.61%
FCF(TTM)-0.33
FCFYN/A
OCF(TTM)0.15
OCFY0.9%
SpS28.4
BVpS8.86
TBVpS5.84
PEG (NY)N/A
PEG (5Y)N/A
Graham Number15.53
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.92% | ||
| ROE | 9.07% | ||
| ROCE | 8.74% | ||
| ROIC | 7.24% | ||
| ROICexc | 8.49% | ||
| ROICexgc | 11.08% | ||
| OM | 4.68% | ||
| PM (TTM) | 2.83% | ||
| GM | 33.6% | ||
| FCFM | N/A |
ROA(3y)3.35%
ROA(5y)2.26%
ROE(3y)8.39%
ROE(5y)5.66%
ROIC(3y)6.65%
ROIC(5y)4.99%
ROICexc(3y)8.17%
ROICexc(5y)6.22%
ROICexgc(3y)11.25%
ROICexgc(5y)8.46%
ROCE(3y)8.02%
ROCE(5y)6.02%
ROICexgc growth 3Y119.71%
ROICexgc growth 5Y-6.65%
ROICexc growth 3Y114.39%
ROICexc growth 5Y-7.23%
OM growth 3Y94.51%
OM growth 5Y-5.06%
PM growth 3Y197.03%
PM growth 5Y-6.86%
GM growth 3Y6.72%
GM growth 5Y0.45%
F-Score7
Asset Turnover1.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.95 | ||
| Cap/Depr | 70.45% | ||
| Cap/Sales | 1.68% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 7.52% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.66 | ||
| Quick Ratio | 1.18 | ||
| Altman-Z | 3.27 |
F-Score7
WACC7.86%
ROIC/WACC0.92
Cap/Depr(3y)60.1%
Cap/Depr(5y)60.3%
Cap/Sales(3y)1.6%
Cap/Sales(5y)1.72%
Profit Quality(3y)170.46%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.04%
EPS 3Y233.22%
EPS 5Y-5.84%
EPS Q2Q%15.38%
EPS Next Y-2.64%
EPS Next 2Y7.29%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.92%
Revenue growth 3Y4.52%
Revenue growth 5Y-3.19%
Sales Q2Q%4.83%
Revenue Next Year4.26%
Revenue Next 2Y3.54%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-20.61%
EBIT growth 3Y103.3%
EBIT growth 5Y-8.09%
EBIT Next Year51.82%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-115.51%
FCF growth 3YN/A
FCF growth 5Y-18.81%
OCF growth 1Y-94.14%
OCF growth 3YN/A
OCF growth 5Y-16.27%
STEELCASE INC-CL A / SCS FAQ
What is the ChartMill fundamental rating of STEELCASE INC-CL A (SCS) stock?
ChartMill assigns a fundamental rating of 5 / 10 to SCS.
What is the valuation status for SCS stock?
ChartMill assigns a valuation rating of 4 / 10 to STEELCASE INC-CL A (SCS). This can be considered as Fairly Valued.
How profitable is STEELCASE INC-CL A (SCS) stock?
STEELCASE INC-CL A (SCS) has a profitability rating of 5 / 10.
How financially healthy is STEELCASE INC-CL A?
The financial health rating of STEELCASE INC-CL A (SCS) is 5 / 10.
Can you provide the dividend sustainability for SCS stock?
The dividend rating of STEELCASE INC-CL A (SCS) is 4 / 10 and the dividend payout ratio is 51.74%.