169.84 USD
+0.49 (+0.29%)
169.84 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to STLD. STLD was compared to 157 industry peers in the Metals & Mining industry. STLD scores excellent on profitability, but there are some minor concerns on its financial health. STLD has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year STLD was profitable.
In the past year STLD had a positive cash flow from operations.
In the past 5 years STLD has always been profitable.
STLD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
STLD's Return On Assets of 7.06% is fine compared to the rest of the industry. STLD outperforms 79.62% of its industry peers.
With an excellent Return On Equity value of 12.53%, STLD belongs to the best of the industry, outperforming 81.53% of the companies in the same industry.
The Return On Invested Capital of STLD (7.75%) is better than 70.06% of its industry peers.
The Average Return On Invested Capital over the past 3 years for STLD is significantly above the industry average of 10.34%.
The last Return On Invested Capital (7.75%) for STLD is well below the 3 year average (21.22%), which needs to be investigated, but indicates that STLD had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.06% | ||
| ROE | 12.53% | ||
| ROIC | 7.75% |
ROA(3y)18%
ROA(5y)17.12%
ROE(3y)30.79%
ROE(5y)31.2%
ROIC(3y)21.22%
ROIC(5y)20.87%
1.3 Margins
STLD has a Profit Margin of 6.39%. This is in the better half of the industry: STLD outperforms 70.70% of its industry peers.
STLD's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 7.96%, STLD is in the better half of the industry, outperforming 63.06% of the companies in the same industry.
STLD's Operating Margin has improved in the last couple of years.
The Gross Margin of STLD (13.07%) is comparable to the rest of the industry.
STLD's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.96% | ||
| PM (TTM) | 6.39% | ||
| GM | 13.07% |
OM growth 3Y-22.02%
OM growth 5Y3.27%
PM growth 3Y-20.53%
PM growth 5Y6.45%
GM growth 3Y-18.14%
GM growth 5Y1.78%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), STLD is creating value.
STLD has less shares outstanding than it did 1 year ago.
STLD has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, STLD has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.19 indicates that STLD is not in any danger for bankruptcy at the moment.
The Altman-Z score of STLD (5.19) is better than 64.97% of its industry peers.
STLD has a debt to FCF ratio of 12.16. This is a negative value and a sign of low solvency as STLD would need 12.16 years to pay back of all of its debts.
STLD has a Debt to FCF ratio (12.16) which is comparable to the rest of the industry.
STLD has a Debt/Equity ratio of 0.42. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of STLD (0.42) is worse than 71.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 12.16 | ||
| Altman-Z | 5.19 |
ROIC/WACC0.79
WACC9.85%
2.3 Liquidity
A Current Ratio of 3.11 indicates that STLD has no problem at all paying its short term obligations.
STLD has a better Current ratio (3.11) than 65.61% of its industry peers.
STLD has a Quick Ratio of 1.47. This is a normal value and indicates that STLD is financially healthy and should not expect problems in meeting its short term obligations.
STLD has a Quick ratio (1.47) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.11 | ||
| Quick Ratio | 1.47 |
3. Growth
3.1 Past
The earnings per share for STLD have decreased strongly by -31.67% in the last year.
STLD shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 25.97% yearly.
Looking at the last year, STLD shows a decrease in Revenue. The Revenue has decreased by -1.49% in the last year.
The Revenue has been growing by 10.88% on average over the past years. This is quite good.
EPS 1Y (TTM)-31.67%
EPS 3Y-15.5%
EPS 5Y25.97%
EPS Q2Q%33.66%
Revenue 1Y (TTM)-1.49%
Revenue growth 3Y-1.6%
Revenue growth 5Y10.88%
Sales Q2Q%11.21%
3.2 Future
The Earnings Per Share is expected to grow by 13.76% on average over the next years. This is quite good.
STLD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.54% yearly.
EPS Next Y-13.15%
EPS Next 2Y17.56%
EPS Next 3Y15.53%
EPS Next 5Y13.76%
Revenue Next Year3.78%
Revenue Next 2Y7.24%
Revenue Next 3Y5.4%
Revenue Next 5Y3.54%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
STLD is valuated rather expensively with a Price/Earnings ratio of 22.50.
Based on the Price/Earnings ratio, STLD is valued cheaply inside the industry as 84.08% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of STLD to the average of the S&P500 Index (27.30), we can say STLD is valued inline with the index average.
STLD is valuated correctly with a Price/Forward Earnings ratio of 12.54.
Compared to the rest of the industry, the Price/Forward Earnings ratio of STLD indicates a somewhat cheap valuation: STLD is cheaper than 78.98% of the companies listed in the same industry.
STLD is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.04, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.5 | ||
| Fwd PE | 12.54 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of STLD indicates a somewhat cheap valuation: STLD is cheaper than 67.52% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of STLD indicates a somewhat cheap valuation: STLD is cheaper than 65.61% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 79.75 | ||
| EV/EBITDA | 14.35 |
4.3 Compensation for Growth
The excellent profitability rating of STLD may justify a higher PE ratio.
STLD's earnings are expected to grow with 15.53% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)0.87
EPS Next 2Y17.56%
EPS Next 3Y15.53%
5. Dividend
5.1 Amount
STLD has a Yearly Dividend Yield of 1.16%. Purely for dividend investing, there may be better candidates out there.
STLD's Dividend Yield is a higher than the industry average which is at 0.98.
STLD's Dividend Yield is slightly below the S&P500 average, which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
5.2 History
On average, the dividend of STLD grows each year by 14.81%, which is quite nice.
STLD has been paying a dividend for at least 10 years, so it has a reliable track record.
STLD has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)14.81%
Div Incr Years12
Div Non Decr Years14
5.3 Sustainability
STLD pays out 25.60% of its income as dividend. This is a sustainable payout ratio.
The dividend of STLD is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP25.6%
EPS Next 2Y17.56%
EPS Next 3Y15.53%
169.84
+0.49 (+0.29%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners81.32%
Inst Owner Change-0.11%
Ins Owners6.26%
Ins Owner Change-0.83%
Market Cap24.80B
Revenue(TTM)17.63B
Net Income(TTM)1.13B
Analysts79.05
Price Target181.82 (7.05%)
Short Float %2.3%
Short Ratio2.43
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
Yearly Dividend1.82
Dividend Growth(5Y)14.81%
DP25.6%
Div Incr Years12
Div Non Decr Years14
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.17%
Min EPS beat(2)-6.16%
Max EPS beat(2)1.82%
EPS beat(4)3
Avg EPS beat(4)0.56%
Min EPS beat(4)-6.16%
Max EPS beat(4)4.52%
EPS beat(8)5
Avg EPS beat(8)0.33%
EPS beat(12)7
Avg EPS beat(12)2.02%
EPS beat(16)10
Avg EPS beat(16)2.61%
Revenue beat(2)0
Avg Revenue beat(2)-3.63%
Min Revenue beat(2)-5.89%
Max Revenue beat(2)-1.36%
Revenue beat(4)1
Avg Revenue beat(4)-2.3%
Min Revenue beat(4)-5.89%
Max Revenue beat(4)2.08%
Revenue beat(8)4
Avg Revenue beat(8)-0.92%
Revenue beat(12)6
Avg Revenue beat(12)-1.81%
Revenue beat(16)9
Avg Revenue beat(16)-0.87%
PT rev (1m)6.96%
PT rev (3m)19.16%
EPS NQ rev (1m)-12.92%
EPS NQ rev (3m)-18.41%
EPS NY rev (1m)-1.71%
EPS NY rev (3m)-5.51%
Revenue NQ rev (1m)-0.97%
Revenue NQ rev (3m)-1.95%
Revenue NY rev (1m)-0.47%
Revenue NY rev (3m)-0.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.5 | ||
| Fwd PE | 12.54 | ||
| P/S | 1.41 | ||
| P/FCF | 79.75 | ||
| P/OCF | 16.28 | ||
| P/B | 2.76 | ||
| P/tB | 2.98 | ||
| EV/EBITDA | 14.35 |
EPS(TTM)7.55
EY4.45%
EPS(NY)13.54
Fwd EY7.98%
FCF(TTM)2.13
FCFY1.25%
OCF(TTM)10.43
OCFY6.14%
SpS120.76
BVpS61.6
TBVpS56.91
PEG (NY)N/A
PEG (5Y)0.87
Graham Number102.29
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.06% | ||
| ROE | 12.53% | ||
| ROCE | 10.02% | ||
| ROIC | 7.75% | ||
| ROICexc | 8.21% | ||
| ROICexgc | 8.65% | ||
| OM | 7.96% | ||
| PM (TTM) | 6.39% | ||
| GM | 13.07% | ||
| FCFM | 1.76% |
ROA(3y)18%
ROA(5y)17.12%
ROE(3y)30.79%
ROE(5y)31.2%
ROIC(3y)21.22%
ROIC(5y)20.87%
ROICexc(3y)25.25%
ROICexc(5y)24.52%
ROICexgc(3y)27.22%
ROICexgc(5y)26.63%
ROCE(3y)27.41%
ROCE(5y)26.96%
ROICexgc growth 3Y-30.83%
ROICexgc growth 5Y-3.41%
ROICexc growth 3Y-30.22%
ROICexc growth 5Y-1.67%
OM growth 3Y-22.02%
OM growth 5Y3.27%
PM growth 3Y-20.53%
PM growth 5Y6.45%
GM growth 3Y-18.14%
GM growth 5Y1.78%
F-Score5
Asset Turnover1.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 12.16 | ||
| Debt/EBITDA | 1.96 | ||
| Cap/Depr | 228.53% | ||
| Cap/Sales | 6.88% | ||
| Interest Coverage | 10.76 | ||
| Cash Conversion | 78.79% | ||
| Profit Quality | 27.6% | ||
| Current Ratio | 3.11 | ||
| Quick Ratio | 1.47 | ||
| Altman-Z | 5.19 |
F-Score5
WACC9.85%
ROIC/WACC0.79
Cap/Depr(3y)335.1%
Cap/Depr(5y)332.49%
Cap/Sales(3y)7.85%
Cap/Sales(5y)8.3%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-31.67%
EPS 3Y-15.5%
EPS 5Y25.97%
EPS Q2Q%33.66%
EPS Next Y-13.15%
EPS Next 2Y17.56%
EPS Next 3Y15.53%
EPS Next 5Y13.76%
Revenue 1Y (TTM)-1.49%
Revenue growth 3Y-1.6%
Revenue growth 5Y10.88%
Sales Q2Q%11.21%
Revenue Next Year3.78%
Revenue Next 2Y7.24%
Revenue Next 3Y5.4%
Revenue Next 5Y3.54%
EBIT growth 1Y-36.91%
EBIT growth 3Y-23.27%
EBIT growth 5Y14.51%
EBIT Next Year10.16%
EBIT Next 3Y19.16%
EBIT Next 5Y12.39%
FCF growth 1Y-86.55%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-59.89%
OCF growth 3Y-5.76%
OCF growth 5Y5.73%
STEEL DYNAMICS INC / STLD FAQ
Can you provide the ChartMill fundamental rating for STEEL DYNAMICS INC?
ChartMill assigns a fundamental rating of 6 / 10 to STLD.
What is the valuation status of STEEL DYNAMICS INC (STLD) stock?
ChartMill assigns a valuation rating of 5 / 10 to STEEL DYNAMICS INC (STLD). This can be considered as Fairly Valued.
Can you provide the profitability details for STEEL DYNAMICS INC?
STEEL DYNAMICS INC (STLD) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for STLD stock?
The Price/Earnings (PE) ratio for STEEL DYNAMICS INC (STLD) is 22.5 and the Price/Book (PB) ratio is 2.76.
Is the dividend of STEEL DYNAMICS INC sustainable?
The dividend rating of STEEL DYNAMICS INC (STLD) is 6 / 10 and the dividend payout ratio is 25.6%.