SCHN Stock Intrinsic Value – Schnitzer Steel Industries to Release Financial Earnings This Week
April 9, 2023
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This week, Schnitzer Steel Industries ($NASDAQ:SCHN) is scheduled to release its financial earnings report. Schnitzer Steel Industries is a global leader in the metals recycling and manufacturing industries, providing eco-friendly solutions to customers around the world. The company provides comprehensive recycling and manufacturing services for ferrous and nonferrous scrap metal, used auto parts, and finished steel products. The company also produces finished steel products, including reinforcing bars, sheet piles, billets, and specialty steel products.
Analysts are eagerly awaiting the release of the financial earnings report this week, to see how the company has been performing over the past quarter. Investors and analysts will be looking at the report to get a better understanding of what the future holds for Schnitzer Steel. The results of the report could have a significant impact on both the stock price and the company’s future prospects.
Share Price
On Wednesday, SCHNITZER STEEL INDUSTRIES stock opened at $29.8 and closed at $30.0, up 1.5% from the prior closing price of $29.6. This marks a positive trend for the company, which has seen a steady increase in investor confidence in recent weeks. Investors are eager to see how these financial results will impact the stock’s performance and determine the direction of the company’s future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for SCHN. More…
| Total Revenues | Net Income | Net Margin |
| 3.26k | 71.55 | 2.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for SCHN. More…
| Operations | Investing | Financing |
| 209.79 | -316.15 | 94.57 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for SCHN. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.78k | 852.66 | 33.79 |
Key Ratios Snapshot
Some of the financial key ratios for SCHN are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 18.9% | 31.1% | 3.1% |
| FCF Margin | ROE | ROA |
| 1.6% | 6.9% | 3.6% |
Analysis – SCHN Stock Intrinsic Value
At GoodWhale, we analyze the fundamentals of SCHNITZER STEEL INDUSTRIES to help investors make informed decisions. Our proprietary Valuation Line indicates a fair value of around $43.4 for SCHNITZER STEEL INDUSTRIES. This means that the stock is currently trading at $30.0, which represents a discount of 30.9% – a great opportunity for investors looking to capitalize on the undervalued stock. More…
Peers
Schnitzer Steel Industries Inc is one of the largest steel producers in the world. Its competitors include Daido Steel Co Ltd, FENG HSIN STEEL CO LTD, and Bengang Steel Plates Co Ltd.
– Daido Steel Co Ltd ($TSE:5471)
Daido Steel Co Ltd is a Japanese steel manufacturer with a market cap of 154.52B as of 2022. The company has a Return on Equity of 7.71%. Daido Steel Co Ltd produces a wide range of steel products, including stainless steel, carbon steel, and alloy steel. The company also manufactures and sells steel products for use in construction, shipbuilding, automotive, and other industries.
– FENG HSIN STEEL CO LTD ($TWSE:2015)
FENG HSIN STEEL CO LTD is a steel manufacturer based in Taiwan. The company has a market capitalization of 34.08 billion as of 2022 and a return on equity of 15.9%. Feng Hsin Steel Co Ltd produces a variety of steel products including hot rolled coils, cold rolled coils, and hot dip galvanized coils. The company also produces steel pipes and tubes, wire rods, and other steel products. Feng Hsin Steel Co Ltd has a production capacity of 2.8 million tons of steel products per year.
– Bengang Steel Plates Co Ltd ($SZSE:000761)
Bengang Steel Plates Co Ltd is a leading steel producer in China with a market cap of 12.33B as of 2022. The company has a Return on Equity of 5.86%. Bengang Steel Plates Co Ltd produces a variety of steel products including plates, coils, sheets, and pipes. The company is vertically integrated and has a diversified customer base.
Summary
The company has been impacted by the global economic downturn, including a drop in demand for recycled metals and materials. Investors will be watching to see how well the company’s management has been able to adapt to the current market conditions, as well as progress on its goal of achieving cost reductions and operational efficiencies. Additionally, investors will be interested in the company’s progress in advancing new strategic initiatives and capitalizing on potential growth opportunities in the coming quarters.
