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STEELCASE INC-CL A (SCS) Stock Fundamental Analysis

NYSE:SCS - New York Stock Exchange, Inc. - US8581552036 - Common Stock - Currency: USD

10.51  -0.17 (-1.59%)

After market: 10.51 0 (0%)

Fundamental Rating

5

Overall SCS gets a fundamental rating of 5 out of 10. We evaluated SCS against 83 industry peers in the Commercial Services & Supplies industry. SCS has only an average score on both its financial health and profitability. SCS has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

In the past year SCS was profitable.
In the past year SCS had a positive cash flow from operations.
Each year in the past 5 years SCS has been profitable.
Of the past 5 years SCS 4 years had a positive operating cash flow.
SCS Yearly Net Income VS EBIT VS OCF VS FCFSCS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M 200M 300M

1.2 Ratios

SCS has a Return On Assets of 5.29%. This is in the better half of the industry: SCS outperforms 67.47% of its industry peers.
SCS has a better Return On Equity (12.15%) than 69.88% of its industry peers.
The Return On Invested Capital of SCS (8.82%) is better than 67.47% of its industry peers.
SCS had an Average Return On Invested Capital over the past 3 years of 6.65%. This is significantly below the industry average of 11.66%.
The 3 year average ROIC (6.65%) for SCS is below the current ROIC(8.82%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 5.29%
ROE 12.15%
ROIC 8.82%
ROA(3y)3.35%
ROA(5y)2.26%
ROE(3y)8.39%
ROE(5y)5.66%
ROIC(3y)6.65%
ROIC(5y)4.99%
SCS Yearly ROA, ROE, ROICSCS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

1.3 Margins

SCS has a Profit Margin of 3.71%. This is comparable to the rest of the industry: SCS outperforms 59.04% of its industry peers.
In the last couple of years the Profit Margin of SCS has declined.
SCS has a Operating Margin (5.58%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of SCS has declined.
SCS has a Gross Margin (33.57%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of SCS has remained more or less at the same level.
Industry RankSector Rank
OM 5.58%
PM (TTM) 3.71%
GM 33.57%
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%
SCS Yearly Profit, Operating, Gross MarginsSCS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

5

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SCS is creating some value.
The number of shares outstanding for SCS has been reduced compared to 1 year ago.
SCS has less shares outstanding than it did 5 years ago.
SCS has a better debt/assets ratio than last year.
SCS Yearly Shares OutstandingSCS Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
SCS Yearly Total Debt VS Total AssetsSCS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

2.2 Solvency

An Altman-Z score of 3.08 indicates that SCS is not in any danger for bankruptcy at the moment.
With a Altman-Z score value of 3.08, SCS perfoms like the industry average, outperforming 59.04% of the companies in the same industry.
The Debt to FCF ratio of SCS is 25.56, which is on the high side as it means it would take SCS, 25.56 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 25.56, SCS is in line with its industry, outperforming 46.99% of the companies in the same industry.
A Debt/Equity ratio of 0.46 indicates that SCS is not too dependend on debt financing.
SCS has a Debt to Equity ratio of 0.46. This is comparable to the rest of the industry: SCS outperforms 55.42% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.46
Debt/FCF 25.56
Altman-Z 3.08
ROIC/WACC1.1
WACC8.04%
SCS Yearly LT Debt VS Equity VS FCFSCS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M 800M

2.3 Liquidity

SCS has a Current Ratio of 1.65. This is a normal value and indicates that SCS is financially healthy and should not expect problems in meeting its short term obligations.
SCS has a Current ratio (1.65) which is comparable to the rest of the industry.
A Quick Ratio of 1.15 indicates that SCS should not have too much problems paying its short term obligations.
SCS has a Quick ratio of 1.15. This is in the lower half of the industry: SCS underperforms 61.45% of its industry peers.
Industry RankSector Rank
Current Ratio 1.65
Quick Ratio 1.15
SCS Yearly Current Assets VS Current LiabilitesSCS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

4

3. Growth

3.1 Past

The Earnings Per Share has grown by an nice 15.00% over the past year.
SCS shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.84% yearly.
Looking at the last year, SCS shows a small growth in Revenue. The Revenue has grown by 2.64% in the last year.
The Revenue has been decreasing by -3.19% on average over the past years.
EPS 1Y (TTM)15%
EPS 3Y233.22%
EPS 5Y-5.84%
EPS Q2Q%25%
Revenue 1Y (TTM)2.64%
Revenue growth 3Y4.52%
Revenue growth 5Y-3.19%
Sales Q2Q%7.11%

3.2 Future

Based on estimates for the next years, SCS will show a small growth in Earnings Per Share. The EPS will grow by 7.29% on average per year.
The Revenue is expected to grow by 3.50% 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 Year3.48%
Revenue Next 2Y3.5%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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.
SCS Yearly Revenue VS EstimatesSCS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1B 2B 3B
SCS Yearly EPS VS EstimatesSCS Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0.5 1

6

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 9.14, which indicates a very decent valuation of SCS.
SCS's Price/Earnings ratio is rather cheap when compared to the industry. SCS is cheaper than 87.95% of the companies in the same industry.
SCS is valuated cheaply when we compare the Price/Earnings ratio to 27.69, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 8.23, the valuation of SCS can be described as reasonable.
Based on the Price/Forward Earnings ratio, SCS is valued cheaper than 92.77% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 37.36. SCS is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 9.14
Fwd PE 8.23
SCS Price Earnings VS Forward Price EarningsSCS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SCS indicates a rather cheap valuation: SCS is cheaper than 91.57% of the companies listed in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as SCS.
Industry RankSector Rank
P/FCF 68.89
EV/EBITDA 5.45
SCS Per share dataSCS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y7.29%
EPS Next 3YN/A

5

5. Dividend

5.1 Amount

SCS has a Yearly Dividend Yield of 3.88%.
SCS's Dividend Yield is rather good when compared to the industry average which is at 2.39. SCS pays more dividend than 90.36% of the companies in the same industry.
SCS's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
Industry RankSector Rank
Dividend Yield 3.88%

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.
SCS has decreased its dividend recently.
Dividend Growth(5Y)-6.7%
Div Incr Years1
Div Non Decr Years1
SCS Yearly Dividends per shareSCS Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

SCS pays out 39.78% of its income as dividend. This is a sustainable payout ratio.
DP39.78%
EPS Next 2Y7.29%
EPS Next 3YN/A
SCS Yearly Income VS Free CF VS DividendSCS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M 200M
SCS Dividend Payout.SCS Dividend Payout, showing the Payout Ratio.SCS Dividend Payout.PayoutRetained Earnings

STEELCASE INC-CL A

NYSE:SCS (7/24/2025, 4:02:24 PM)

After market: 10.51 0 (0%)

10.51

-0.17 (-1.59%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)06-25 2025-06-25/amc
Earnings (Next)09-16 2025-09-16/amc
Inst Owners97.08%
Inst Owner Change0.15%
Ins Owners2.29%
Ins Owner Change9.23%
Market Cap1.21B
Analysts80
Price Target16.58 (57.75%)
Short Float %2.7%
Short Ratio2.64
Dividend
Industry RankSector Rank
Dividend Yield 3.88%
Yearly Dividend0.42
Dividend Growth(5Y)-6.7%
DP39.78%
Div Incr Years1
Div Non Decr Years1
Ex-Date07-07 2025-07-07 (0.1)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)36.13%
Min EPS beat(2)25.57%
Max EPS beat(2)46.68%
EPS beat(4)4
Avg EPS beat(4)27.73%
Min EPS beat(4)3.66%
Max EPS beat(4)46.68%
EPS beat(8)8
Avg EPS beat(8)33.31%
EPS beat(12)12
Avg EPS beat(12)85.29%
EPS beat(16)13
Avg EPS beat(16)30.04%
Revenue beat(2)1
Avg Revenue beat(2)0.49%
Min Revenue beat(2)-0.18%
Max Revenue beat(2)1.16%
Revenue beat(4)1
Avg Revenue beat(4)-0.66%
Min Revenue beat(4)-1.94%
Max Revenue beat(4)1.16%
Revenue beat(8)2
Avg Revenue beat(8)-0.84%
Revenue beat(12)4
Avg Revenue beat(12)-0.23%
Revenue beat(16)5
Avg Revenue beat(16)-0.5%
PT rev (1m)-1.52%
PT rev (3m)-1.52%
EPS NQ rev (1m)-8.75%
EPS NQ rev (3m)-14.45%
EPS NY rev (1m)0.63%
EPS NY rev (3m)0.63%
Revenue NQ rev (1m)-0.58%
Revenue NQ rev (3m)-1.44%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)-0.36%
Valuation
Industry RankSector Rank
PE 9.14
Fwd PE 8.23
P/S 0.37
P/FCF 68.89
P/OCF 18.13
P/B 1.23
P/tB 1.9
EV/EBITDA 5.45
EPS(TTM)1.15
EY10.94%
EPS(NY)1.28
Fwd EY12.16%
FCF(TTM)0.15
FCFY1.45%
OCF(TTM)0.58
OCFY5.52%
SpS28.05
BVpS8.57
TBVpS5.52
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 5.29%
ROE 12.15%
ROCE 10.65%
ROIC 8.82%
ROICexc 10.19%
ROICexgc 13.4%
OM 5.58%
PM (TTM) 3.71%
GM 33.57%
FCFM 0.54%
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%
ROICexcg growth 3Y119.71%
ROICexcg 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 Turnover1.43
Health
Industry RankSector Rank
Debt/Equity 0.46
Debt/FCF 25.56
Debt/EBITDA 1.73
Cap/Depr 62.66%
Cap/Sales 1.52%
Interest Coverage 250
Cash Conversion 25.79%
Profit Quality 14.66%
Current Ratio 1.65
Quick Ratio 1.15
Altman-Z 3.08
F-Score7
WACC8.04%
ROIC/WACC1.1
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)15%
EPS 3Y233.22%
EPS 5Y-5.84%
EPS Q2Q%25%
EPS Next Y-2.64%
EPS Next 2Y7.29%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)2.64%
Revenue growth 3Y4.52%
Revenue growth 5Y-3.19%
Sales Q2Q%7.11%
Revenue Next Year3.48%
Revenue Next 2Y3.5%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y20.77%
EBIT growth 3Y103.3%
EBIT growth 5Y-8.09%
EBIT Next Year55.88%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-82.25%
FCF growth 3YN/A
FCF growth 5Y-18.81%
OCF growth 1Y-57.32%
OCF growth 3YN/A
OCF growth 5Y-16.27%