Schnitzer Steel Industries Inc
Radius Recycling, Inc. recycles ferrous and nonferrous metal, and manufactures finished steel products worldwide. The company acquires, processes, and recycles salvaged vehicles, rail cars, home appliances, industrial machinery, manufacturing scrap, and construction and demolition scrap. It offers recycled ferrous metal, a feedstock used in the production of finished steel products; and nonferrou… Read more
Schnitzer Steel Industries Inc (SS1A) - Net Assets
Latest net assets as of May 2025: €528.11 Million EUR
Based on the latest financial reports, Schnitzer Steel Industries Inc (SS1A) has net assets worth €528.11 Million EUR as of May 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.47 Billion) and total liabilities (€944.09 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 | €528.11 Million |
| % of Total Assets | 35.87% |
| Annual Growth Rate | -2.13% |
| 5-Year Change | -8.04% |
| 10-Year Change | 16.19% |
| Growth Volatility | 18.52 |
Schnitzer Steel Industries Inc - Net Assets Trend (2014–2024)
This chart illustrates how Schnitzer Steel Industries Inc'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 Industries Inc (2014–2024)
The table below shows the annual net assets of Schnitzer Steel Industries Inc from 2014 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 | -6.89% |
| 2015-08-31 | €538.55 Million | -30.60% |
| 2014-08-31 | €775.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Schnitzer Steel Industries Inc'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 decreased by 17.8% over the analyzed period, potentially due to dividend distributions or operating losses.
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 Industries Inc Competitors by Market Cap
The table below lists competitors of Schnitzer Steel Industries Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AFFIN Holdings Bhd
KLSE:5185
|
$633.53 Million |
|
Guangdong Silvere Sci and Tech
SHE:300221
|
$633.56 Million |
|
MetroCity Bankshares
NASDAQ:MCBS
|
$633.65 Million |
|
Century Iron And Steel Industrial Co Ltd
TW:9958
|
$633.82 Million |
|
Dah Sing Financial Holdings Limited
PINK:DAHSF
|
$632.73 Million |
|
Xinjiang Xuefeng Sci-Tech
SHG:603227
|
$632.48 Million |
|
Cullinan Oncology LLC
NASDAQ:CGEM
|
$632.45 Million |
|
Aerospace Cf
SHG:600855
|
$632.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Schnitzer Steel Industries Inc'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 Industries Inc'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 Industries Inc 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 (-0.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.77% | 0.23% | 1.87x | 1.76x | €-71.15 Million |
| 2015 | -36.86% | -10.29% | 1.99x | 1.80x | €-250.46 Million |
| 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 Industries Inc's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $43,153,615,000
- Average return on equity (ROE) among peers: -0.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Schnitzer Steel Industries Inc (SS1A) | €528.11 Million | 0.77% | 1.79x | $633.41 Million |
| PT Krakatau Steel (Persero) Tbk (07K) | $496.80 Million | -26.21% | 4.74x | $45.67 Million |
| Xiwang Special Steel Company Limited (2XI) | $5.15 Billion | 17.45% | 1.46x | $64.01K |
| Tiangong International Company Limited (34T1) | $6.89 Billion | 9.64% | 0.82x | $232.31 Million |
| Fenix Resources Limited (4ER) | $177.77 Million | 3.03% | 1.05x | $90.78 Million |
| INDUSTRIAS CH-B (AKQ.SG) (AKQ) | $40.25 Billion | -2.52% | 0.31x | $2.77 Billion |
| BE Group AB (publ) (BGA1) | $892.00 Million | 8.97% | 1.37x | $24.14 Million |
| Chongqing Iron & Steel Company Limited (CGP) | $9.99 Billion | 0.51% | 3.72x | $777.29 Million |
| China Vanadium Titano-Magnetite Mining Company Limited (CV8S) | $1.35 Billion | -25.98% | 1.26x | $7.47 Million |
| Shougang Concord Century Holdings Limited (CW7) | $1.34 Billion | -0.65% | 1.55x | $40.36 Million |
| Daido Steel Co. Ltd (DDL) | $365.00 Billion | 7.37% | 1.00x | $1.74 Billion |