SCHNITZER STEEL-A
SCHNITZER STEEL-A operates in Diversified Metals & Mining.
SCHNITZER STEEL-A (SS1A) - Net Assets
Latest net assets as of August 2024: €625.74 Million EUR
Based on the latest financial reports, SCHNITZER STEEL-A (SS1A) has net assets worth €625.74 Million EUR as of August 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.53 Billion) and total liabilities (€908.03 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €625.74 Million |
| % of Total Assets | 40.8% |
| Annual Growth Rate | 2.81% |
| 5-Year Change | -8.04% |
| 10-Year Change | N/A |
| Growth Volatility | 16.94 |
SCHNITZER STEEL-A - Net Assets Trend (2016–2024)
This chart illustrates how SCHNITZER STEEL-A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SCHNITZER STEEL-A (2016–2024)
The table below shows the annual net assets of SCHNITZER STEEL-A from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-08-31 | €625.74 Million | -31.36% |
| 2023-08-31 | €911.66 Million | -4.88% |
| 2022-08-31 | €958.47 Million | +14.13% |
| 2021-08-31 | €839.78 Million | +23.42% |
| 2020-08-31 | €680.44 Million | -2.97% |
| 2019-08-31 | €701.30 Million | +4.65% |
| 2018-08-31 | €670.11 Million | +24.67% |
| 2017-08-31 | €537.49 Million | +7.19% |
| 2016-08-31 | €501.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SCHNITZER STEEL-A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 26.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (August 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €606.42 Million | 97.32% |
| Other Components | €16.70 Million | 2.68% |
| Total Equity | €623.11 Million | 100.00% |
SCHNITZER STEEL-A Competitors by Market Cap
The table below lists competitors of SCHNITZER STEEL-A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kaival Brands Innovations Group Inc
NASDAQ:KAVL
|
$240.82K |
|
Bentley Capital Ltd
AU:BEL
|
$240.90K |
|
Third Point Investors Limited
PINK:TPNTF
|
$240.93K |
|
DELUXE
MU:DL8
|
$241.00K |
|
Gex Management Inc
PINK:GXXM
|
$240.56K |
|
Mitra Komunikasi Nusantara Tbk PT
JK:MKNT
|
$240.42K |
|
CURATIS N AG
SW:CURN
|
$240.29K |
|
Strats SM Trust for Procter & Gamble Securities Series 2006-1 GIC
NYSE:GJR
|
$240.26K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SCHNITZER STEEL-A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 908,180,000 to 623,112,000, a change of -285,068,000 (-31.4%).
- Net loss of 266,411,000 reduced equity.
- Dividend payments of 21,569,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-266.41 Million | -42.75% |
| Dividends Paid | €21.57 Million | -3.46% |
| Other Changes | €2.91 Million | +0.47% |
| Total Change | €- | -31.39% |
Book Value vs Market Value Analysis
This analysis compares SCHNITZER STEEL-A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.28x to 1.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-08-31 | €19.72 | €25.20 | x |
| 2018-08-31 | €24.94 | €25.20 | x |
| 2019-08-31 | €26.14 | €25.20 | x |
| 2020-08-31 | €24.97 | €25.20 | x |
| 2021-08-31 | €30.36 | €25.20 | x |
| 2022-08-31 | €35.40 | €25.20 | x |
| 2023-08-31 | €33.01 | €25.20 | x |
| 2024-08-31 | €22.22 | €25.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SCHNITZER STEEL-A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -42.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.73%
- • Asset Turnover: 1.79x
- • Equity Multiplier: 2.46x
- Recent ROE (-42.75%) is below the historical average (3.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -3.90% | -1.44% | 1.52x | 1.79x | €-69.18 Million |
| 2017 | 8.34% | 2.64% | 1.81x | 1.75x | €-8.85 Million |
| 2018 | 23.49% | 6.62% | 2.14x | 1.66x | €89.84 Million |
| 2019 | 8.08% | 2.64% | 1.84x | 1.67x | €-13.35 Million |
| 2020 | -0.61% | -0.24% | 1.39x | 1.82x | €-71.82 Million |
| 2021 | 19.76% | 5.99% | 1.85x | 1.79x | €81.54 Million |
| 2022 | 17.69% | 4.84% | 1.91x | 1.91x | €73.40 Million |
| 2023 | -2.84% | -0.89% | 1.68x | 1.89x | €-116.61 Million |
| 2024 | -42.75% | -9.73% | 1.79x | 2.46x | €-328.72 Million |
Industry Comparison
This section compares SCHNITZER STEEL-A's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SCHNITZER STEEL-A (SS1A) | €625.74 Million | -3.90% | 1.45x | $240.69K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |