- SSAB’s fourth-quarter sales reached SEK 23.62 billion.
- The sales figure was higher than analysts’ estimate of SEK 22.92 billion.
- SSAB reported an EBITDA of SEK 1.57 billion for the fourth quarter.
- Current analyst ratings for SSAB include 8 buy recommendations, 10 hold recommendations, and 2 sell recommendations.
A look at SSAB AB Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
SSAB AB, a company known for manufacturing sheet and plate steel, is garnering positive scores in several key areas according to Smartkarma Smart Scores. With top ratings in Value and Dividend, SSAB is showcasing strong fundamentals that may appeal to investors seeking stability and income. Additionally, the company demonstrates solid Resilience, indicating its ability to weather market uncertainties. While Growth and Momentum scores are slightly lower, SSAB’s strong foundation in value and dividends may position it well for long-term success.
SSAB AB‘s focus on producing sheet and plate steel for industries such as automotive, engineering, and construction aligns with its high Value and Dividend ratings, suggesting a stable business model with potential for consistent returns. The company’s respectable scores in Resilience and moderate ratings in Growth and Momentum further underline its potential for sustained performance over the long haul. Investors looking for a reliable investment option in the steel manufacturing sector may find SSAB AB an attractive prospect based on its robust Smartkarma Smart Scores.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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