Stelco Holdings Inc
Stelco Holdings Inc. engages in the production and sale of steel products in Canada, the United States, and internationally. It offers flat-rolled value-added steel, including coated, pre-painted, cold-rolled, and hot-rolled sheet products, as well as pig iron and metallurgical coke. The company sells its products to customers in the construction, automotive, energy, appliance, and pipe and tube … Read more
Stelco Holdings Inc (STZHF) - Net Assets
Latest net assets as of June 2024: $1.34 Billion USD
Based on the latest financial reports, Stelco Holdings Inc (STZHF) has net assets worth $1.34 Billion USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.08 Billion) and total liabilities ($1.74 Billion). 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 | $1.34 Billion |
| % of Total Assets | 43.63% |
| Annual Growth Rate | N/A |
| 5-Year Change | 188.0% |
| 10-Year Change | N/A |
| Growth Volatility | 158.29 |
Stelco Holdings Inc - Net Assets Trend (2013–2023)
This chart illustrates how Stelco Holdings 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 Stelco Holdings Inc (2013–2023)
The table below shows the annual net assets of Stelco Holdings Inc from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $1.30 Billion | -7.76% |
| 2022-12-31 | $1.41 Billion | -2.29% |
| 2021-12-31 | $1.44 Billion | +411.74% |
| 2020-12-31 | $281.00 Million | -37.56% |
| 2019-12-31 | $450.00 Million | -20.77% |
| 2018-12-31 | $568.00 Million | +14.29% |
| 2017-12-31 | $497.00 Million | +115.12% |
| 2016-12-31 | $-3.29 Billion | -5.66% |
| 2015-12-31 | $-3.11 Billion | -12.11% |
| 2014-12-31 | $-2.77 Billion | -20.13% |
| 2013-12-31 | $-2.31 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Stelco Holdings 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 grown by 604300000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $978.00 Million | 75.46% |
| Common Stock | $318.00 Million | 24.54% |
| Total Equity | $1.30 Billion | 100.00% |
Stelco Holdings Inc Competitors by Market Cap
The table below lists competitors of Stelco Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Interroll Holding AG
OTCGREY:IRRHF
|
$2.08 Billion |
|
Konica Minolta Inc
PINK:KNCAY
|
$2.08 Billion |
|
Kaori Heat Treatment Co Ltd
TW:8996
|
$2.08 Billion |
|
Hutchison Port Holdings Trust
PINK:HUPHY
|
$2.08 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
$2.08 Billion |
|
BillerudKorsnäs AB (publ)
PINK:BLRDF
|
$2.08 Billion |
|
Mapletree Commercial Trust
PINK:MPCMF
|
$2.08 Billion |
|
Xiamen Faratronic Co Ltd
SHG:600563
|
$2.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Stelco Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,405,000,000 to 1,296,000,000, a change of -109,000,000 (-7.8%).
- Net income of 149,000,000 contributed positively to equity growth.
- Dividend payments of 258,000,000 reduced retained earnings.
- Share repurchases of 288,000,000 reduced equity.
- Other factors increased equity by 288,000,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $149.00 Million | +11.5% |
| Dividends Paid | $258.00 Million | -19.91% |
| Share Repurchases | $288.00 Million | -22.22% |
| Other Changes | $288.00 Million | +22.22% |
| Total Change | $- | -7.76% |
Book Value vs Market Value Analysis
This analysis compares Stelco Holdings 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: 2.10x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $-31.88 | $49.41 | x |
| 2015-12-31 | $-35.74 | $49.41 | x |
| 2016-12-31 | $-37.76 | $49.41 | x |
| 2017-12-31 | $5.60 | $49.41 | x |
| 2018-12-31 | $6.40 | $49.41 | x |
| 2019-12-31 | $5.07 | $49.41 | x |
| 2020-12-31 | $3.17 | $49.41 | x |
| 2021-12-31 | $17.05 | $49.41 | x |
| 2022-12-31 | $20.63 | $49.41 | x |
| 2023-12-31 | $23.51 | $49.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Stelco Holdings 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): 11.50%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.11%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 2.36x
- Recent ROE (11.50%) is below the historical average (124.86%), 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 | 0.00% | -12.31% | 1.31x | 0.00x | $44.50 Million |
| 2015 | 0.00% | -28.88% | 1.12x | 0.00x | $-77.90 Million |
| 2016 | 0.00% | -18.13% | 1.09x | 0.00x | $92.70 Million |
| 2017 | 1079.68% | 330.93% | 1.33x | 2.46x | $5.32 Billion |
| 2018 | 44.54% | 10.28% | 1.49x | 2.91x | $196.20 Million |
| 2019 | -0.89% | -0.22% | 1.15x | 3.54x | $-49.00 Million |
| 2020 | -69.04% | -12.79% | 0.85x | 6.33x | $-222.10 Million |
| 2021 | 111.89% | 39.02% | 1.27x | 2.25x | $1.47 Billion |
| 2022 | 70.96% | 28.79% | 1.11x | 2.23x | $856.50 Million |
| 2023 | 11.50% | 5.11% | 0.95x | 2.36x | $19.40 Million |
Industry Comparison
This section compares Stelco Holdings Inc's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $10,879,360,340
- Average return on equity (ROE) among peers: 3.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Stelco Holdings Inc (STZHF) | $1.34 Billion | 0.00% | 1.29x | $2.08 Billion |
| Acerinox S.A. (ACRXF) | $1.93 Billion | -3.09% | 1.28x | $1.71 Billion |
| ArcelorMittal SA (AMSYF) | $11.98 Billion | 27.55% | 1.59x | $12.85 Billion |
| Angang Steel Company Limited (ANGGF) | $50.39 Billion | 11.12% | 0.77x | $641.51 Million |
| Aperam PK (APEMY) | $3.79 Billion | 7.21% | 0.73x | $1.17 Billion |
| Aperam SA (APMSF) | $2.52 Billion | 11.35% | 0.72x | $1.31 Billion |
| ArcelorMittal South Africa Ltd (ARCXF) | $28.00 Billion | 33.51% | 0.34x | $14.02 Million |
| Algoma Steel Group Inc (ASTL) | $173.80 Million | -92.29% | 7.94x | $280.31 Million |
| Algoma Steel Group Inc. Warrant (ASTLW) | $-530.90 Million | 0.00% | 0.00x | $6.74 Million |
| BCI Minerals Limited (BIRNF) | $103.61 Million | 12.45% | 0.26x | $227.67 Million |
| BlueScope Steel Limited (BLSFF) | $10.45 Billion | 26.90% | 0.59x | $5.72 Billion |