SSAB AB (publ) chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 122.30
Dividend & Yield5.25kr (9.39%)
Beta 1.3
Market capitalization 53.95B
Operating cash flow 16.07B
ESG Scores unknown

Company description

SSAB AB (publ) produces and sells steel products in the United States, Sweden, Finland, Germany, Denmark, and internationally. It operates through five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The SSAB Special Steels segment offers quenched and tempered steels, and hot-rolled advanced high-strength steel products. The SSAB Europe segment provides strip, plate, and tubular products. The SSAB Americas segment offers heavy steel plates. The Tibnor segment distributes a range of steel and non-ferrous metals in the Nordic region and the Baltics. The Ruukki Construction segment produces and sells building and construction products and services for residential and non-residential construction. The company markets its steel products under the Strenx, Hardox, Docol, GreenCoat, Toolox, Armox, Duroxite, SSAB Boron, SSAB Domex, SSAB Form, SSAB Laser, SSAB Weathering and Cor-Ten, and SSAB Multisteel brands. It serves the heavy transport, construction, automotive, industrial, construction machinery, energy, material handling, and service center industries. The company has a collaboration agreement with Faurecia S.E. to deliver fossil-free steel for automotive seat structures. SSAB AB (publ) was founded in 1878 and is headquartered in Stockholm, Sweden.

Sector: Basic Materials - Industry: Steel

Financial Ratios
Quick Ratio1.07
Working Capital0.53
Return On Equity0.2
Debt To Equity0.12
Fixed Asset Ratio0.01
Fixed Interest Cover39.37

Financial data

Financial Statements

Cashflow Statement 2019-01-01 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 2.84B -1.46B -447M 4.76B
Total Cashflows From Investing Activities -2.28B -3.95B -2.18B -2.27B
Net Borrowings -5.99B -661M 3.3B -5.67B
Total Cash From Financing Activities -6.11B -421M 685M -5.03B
Change To Operating Activities 366M 340M 331M 985M
Issuance Of Stock
Net Income 3.55B 1.07B -510M 14.66B
Change In Cash -1.65B 998M 3.45B 6.75B
Effect Of Exchange Rate -7M 28M 581M -827M
Total Cash From Operating Activities 6.75B 5.34B 4.37B 14.87B
Depreciation 3.77B 4.21B 3.69B 3.26B
Change To Account Receivables -712M 1.86B -415M -3.67B
Other Cashflows From Financing Activities 907M 1.78B -2.62B 645M
Change To Netincome 402M -840M -383M 2.44B
Capital Expenditures -2.45B -2.94B -2.2B -3.38B

Income Statement 2019-01-01 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 4.4B 1.57B -802M 18.42B
Net Income 3.55B 1.07B -510M 14.66B
Selling General Administrative 4.69B 4.96B 4.07B 4.62B
Gross Profit 9.6B 6.29B 3.78B 23.47B
Ebit 4.42B 1.24B -742M 18.27B
Operating Income 4.42B 1.24B -742M 18.27B
Interest Expense -704M -613M -519M -464M
Income Tax Expense 839M 479M -312M 3.74B
Total Revenue 74.94B 76.48B 65.4B 95.89B
Cost Of Revenue 65.34B 70.19B 61.62B 72.42B
Total Other Income ExpenseNet -16M 331M -60M 147M
Net Income From Continuing Ops 3.56B 1.09B -490M 14.67B
Net Income Applicable To Common Shares 3.55B 1.07B -510M 14.66B

Balance Sheet Statement 2019-01-01 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 34.92B 33.56B 34.51B 38.51B
Total Stockholder Equity 59.44B 60.31B 53.99B 73.48B
Other Current Liabilities 1.75B 2.1B 2.34B 4.2B
Total Assets 94.43B 93.98B 88.6B 112.02B
Common Stock 9.06B 9.06B 9.06B 9.06B
Other Current Assets 2.24B 960M 1.1B 1.69B
Retained Earnings 21.64B 21.2B 20.66B 35.3B
Treasury Stock 5.72B 7.03B 1.25B 6.09B
Cash 2.6B 3.59B 7.05B 13.8B
Total Current Liabilities 21.94B 20.12B 22.32B 25.77B
Other Stockholder Equity 5.72B 7.03B 1.25B 6.09B
Property, Plant, and Equipment 25.91B 26.53B 24.37B 25.5B
Total Current Assets 35.27B 33.42B 33.76B 53.2B
Net Tangible Assets 28B 27.81B 25.09B 42.02B
Net Receivables 9.65B 8.23B 7.82B 11.82B
Accounts Payable 13.38B 12.07B 11.07B 16.22B


Insider Transactions

Here are the insider transactions of stock shares related to SSAB AB (publ):

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to SSAB AB (publ). You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on SSAB AB (publ)

Here is the result of two systematic investment strategies applied to SSAB AB (publ). The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on SSAB AB (publ)

The following chart shows the equity curve of the two systematic investment strategies applied to SSAB AB (publ):

SSAB AB (publ) automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 3.12% on the backtest period.

Performance at glance

Performance

3.12 %

Latent gain

14.35 kr

Invested capital

459.35 kr

Annualized return

4.22 %
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Momentum strategy results on SSAB AB (publ)

This is the result of two momentum investment strategies applied to SSAB AB (publ). The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on SSAB AB (publ)

The following chart shows all the entries opened by the momentum investment system on SSAB AB (publ):

SSAB AB (publ) momentum entries
  • The first momentum investment strategy would give 8.57% of return on SSAB AB (publ). That represents 67.32kr of latent gain with 785.34kr of employed capital.
  • The second momentum investment strategy would give 2.75% of return on SSAB AB (publ). That represents 13.95kr of latent gain with 507.12kr of employed capital.
Performance at glance (1Q Momentum)

Performance

8.57 %

Latent gain

67.32 kr

Invested capital

785.34 kr

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

2.75 %

Latent gain

13.95 kr

Invested capital

507.12 kr

Annualized return

10.58 %

Momentum equity curve on SSAB AB (publ)

The following chart shows the equity curve of the two momentum strategies applied to SSAB AB (publ):

SSAB AB (publ) momentum equity

Note: the dividends potentially given by SSAB AB (publ) are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on SSAB AB (publ)

The following chart shows the employed capital evolution of the two momentum strategies on SSAB AB (publ) since the beginning:

SSAB AB (publ)

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250kr, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000kr.


Buy the dip strategy result on SSAB AB (publ)

Buy the dip entry openings on SSAB AB (publ)

SSAB AB (publ)

The performance achieved by the robo-advisor on SSAB AB (publ) is 0%. That represents 0.0$ of latent gain with 0.0kr of employed capital. The following chart shows SSAB AB (publ) stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of SSAB AB (publ), and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 kr

Invested capital

0.0 kr

Annualized return

-0.0 %

Equity curve of the strategy applied to SSAB AB (publ)

The following chart shows the result of the investment strategy applied to SSAB AB (publ):

SSAB AB (publ)

Note: the dividends potentially given by SSAB AB (publ) are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on SSAB AB (publ)

The following chart shows the employed capital evolution since the beginning of the investment strategy on SSAB AB (publ):

SSAB AB (publ)

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on SSAB AB (publ)

In this section, I will compare the three previous investment strategies applied to SSAB AB (publ).

Equity curve comparison on SSAB AB (publ)

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

SSAB AB (publ) investment strategy comparison

Employed capital comparison on SSAB AB (publ)

SSAB AB (publ) investment comparison

Performance comparison on SSAB AB (publ)

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 3.12% 14.35kr 459.35kr 4.22%
Momentum 1 quarter 8.57% 67.32kr 785.34kr 17.14%
Momentum 2 quarters 2.75% 13.95kr 507.12kr 10.58%
Non-directional 0% 0.0kr 0.0kr -0.0%
Annualized return comparison

Automatic investment

4.22 %

Momentum 1Q

10.58 %

Momentum 2Q

10.58 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with SSAB AB (publ):

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between SSAB AB (publ) and the other stocks. There may be false positives or some missing correlated stocks. If the price of SSAB AB (publ) does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name SSAB AB (publ)
Country Sweden
City Stockholm
Address Klarabergsviadukten 70, D6
Phone 46 84 54 57 00
Website www.ssab.com
FullTime employees 14492
Industry Steel
Sector Basic Materials
Exchange XSTO
Ticker SSAB-A.XSTO
Market www.nasdaqomxnordic.com

SSAB AB (publ) ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown