(SZG) Salzgitter - Ratings and Ratios
Exchange: XETRA •
Country: Germany •
Currency: EUR •
Type: Common Stock •
ISIN: DE0006202005
Steel Plate Pipe Packaging
SZG EPS (Earnings per Share)
SZG Revenue
| Risk via 10d forecast | |
|---|---|
| Volatility | 47.5% |
| Value at Risk 5%th | 64.9% |
| Relative Tail Risk | -16.93% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.05 |
| Alpha | 58.56 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.678 |
| Beta | 0.197 |
| Beta Downside | 0.396 |
| Drawdowns 3y | |
|---|---|
| Max DD | 66.47% |
| Mean DD | 37.04% |
| Median DD | 39.59% |
Description: SZG Salzgitter November 15, 2025
Salzgitter AG (XETRA:SZG) is a German-based, vertically integrated steel group operating through four segments: Steel Production (hot-rolled wide strip, sheet, sections, tailored blanks, and scrap trading), Steel Processing (high-grade heavy plates, line pipes, HFI-welded and precision tubes), Trading (European sales network and global agencies), and Technology (machinery for beverage packaging, shoe manufacturing, elastomer production, plus IT, logistics, automotive engineering, and R&D services). Founded in 1858, the company combines traditional steelmaking with diversified engineering solutions.
Key recent metrics indicate a 2023 revenue of roughly €8.4 billion and an EBIT margin near 6 %, reflecting modest profitability in a price-sensitive industry. The firm’s steel capacity utilization hovered around 80 % in 2023, while the EU Emissions Trading System (ETS) carbon price, now above €80/t CO₂, adds a material cost pressure on its production. Demand drivers include a rebound in German construction activity (CPI-adjusted building permits up 12 % YoY) and the automotive sector’s shift toward higher-strength steel for lightweighting, whereas overcapacity in global steel-particularly from China-remains a downside risk.
For a deeper quantitative dive into SZG’s valuation metrics and scenario analysis, the ValueRay platform offers a transparent, data-rich toolkit worth exploring.
SZG Stock Overview
| Market Cap in USD | 1,873m |
| Sub-Industry | Steel |
| IPO / Inception | |
| Return 12m vs S&P 500 | 40.9% |
| Analyst Rating | - |
SZG Dividends
| Dividend Yield | 0.68% |
| Yield on Cost 5y | 1.45% |
| Yield CAGR 5y | 22.47% |
| Payout Consistency | 74.6% |
| Payout Ratio | 5.5% |
SZG Growth Ratios
| CAGR 3y | 3.34% |
| CAGR/Max DD Calmar Ratio | 0.05 |
| CAGR/Mean DD Pain Ratio | 0.09 |
| Current Volume | 185.1k |
| Average Volume | 224.1k |
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income (-200.2m TTM) > 0 and > 6% of Revenue (6% = 549.0m TTM) |
| FCFTA -0.03 (>2.0%) and ΔFCFTA 3.52pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 18.80% (prev 22.37%; Δ -3.57pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.08 (>3.0%) and CFO 817.5m > Net Income -200.2m (YES >=105%, WARN >=100%) |
| Net Debt (753.3m) to EBITDA (273.8m) ratio: 2.75 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.47 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (54.1m) change vs 12m ago 0.19% (target <= -2.0% for YES) |
| Gross Margin 33.30% (prev 20.34%; Δ 12.96pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 86.67% (prev 96.00%; Δ -9.33pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -0.98 (EBITDA TTM 273.8m / Interest Expense TTM 136.3m) >= 6 (WARN >= 3) |
Altman Z'' 3.06
| (A) 0.16 = (Total Current Assets 5.36b - Total Current Liabilities 3.64b) / Total Assets 10.58b |
| (B) 0.41 = Retained Earnings (Balance) 4.33b / Total Assets 10.58b |
| (C) -0.01 = EBIT TTM -133.8m / Avg Total Assets 10.56b |
| (D) 0.70 = Book Value of Equity 4.33b / Total Liabilities 6.16b |
| Total Rating: 3.06 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 27.87
| 1. Piotroski 4.50pt = -0.50 |
| 2. FCF Yield -13.64% = -5.0 |
| 3. FCF Margin -3.68% = -1.38 |
| 4. Debt/Equity 0.40 = 2.42 |
| 5. Debt/Ebitda 2.75 = -1.39 |
| 6. ROIC - WACC (= -5.44)% = -6.80 |
| 7. RoE -4.54% = -0.76 |
| 8. Rev. Trend -88.35% = -6.63 |
| 9. EPS Trend -41.81% = -2.09 |
What is the price of SZG shares?
As of November 17, 2025, the stock is trading at EUR 29.22 with a total of 185,095 shares traded.
Over the past week, the price has changed by -0.95%, over one month by +3.62%, over three months by +34.78% and over the past year by +62.94%.
Over the past week, the price has changed by -0.95%, over one month by +3.62%, over three months by +34.78% and over the past year by +62.94%.
Is Salzgitter a good stock to buy?
No, based on ValueRay´s Fundamental Analyses, Salzgitter (XETRA:SZG) is currently (November 2025)
a stock to sell. It has a ValueRay Fundamental Rating of 27.87 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of SZG is around 33.02 EUR . This means that SZG is currently undervalued and has a potential upside of +13% (Margin of Safety).
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of SZG is around 33.02 EUR . This means that SZG is currently undervalued and has a potential upside of +13% (Margin of Safety).
Is SZG a buy, sell or hold?
Salzgitter has no consensus analysts rating.
What are the forecasts/targets for the SZG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 27.2 | -6.8% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 35.1 | 20% |
SZG Fundamental Data Overview January 01, 1970
Market Cap USD = 1.87b (1.61b EUR * 1.1608 EUR.USD)
Market Cap EUR = 1.61b (1.61b EUR * 1.0 EUR.EUR)
P/E Forward = 3.2268
P/S = 0.1686
P/B = 0.3705
Beta = 1.919
Revenue TTM = 9.15b EUR
EBIT TTM = -133.8m EUR
EBITDA TTM = 273.8m EUR
Long Term Debt = 317.2m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 1.29b EUR (from shortTermDebt, last fiscal year)
Debt = 1.76b EUR (from shortLongTermDebtTotal, last fiscal year)
Net Debt = 753.3m EUR (from netDebt column, last fiscal year)
Enterprise Value = 2.47b EUR (1.61b + Debt 1.76b - CCE 900.7m)
Interest Coverage Ratio = -0.98 (Ebit TTM -133.8m / Interest Expense TTM 136.3m)
FCF Yield = -13.64% (FCF TTM -336.7m / Enterprise Value 2.47b)
FCF Margin = -3.68% (FCF TTM -336.7m / Revenue TTM 9.15b)
Net Margin = -2.19% (Net Income TTM -200.2m / Revenue TTM 9.15b)
Gross Margin = 33.30% ((Revenue TTM 9.15b - Cost of Revenue TTM 6.10b) / Revenue TTM)
Gross Margin QoQ = 36.40% (prev 33.71%)
Tobins Q-Ratio = 0.23 (Enterprise Value 2.47b / Total Assets 10.58b)
Interest Expense / Debt = 1.78% (Interest Expense 31.3m / Debt 1.76b)
Taxrate = -282.0% (out of range, set to none) (-31.3m / 11.1m)
NOPAT = unknown (EBIT/Op.Income or Taxrate missing)
Current Ratio = 1.47 (Total Current Assets 5.36b / Total Current Liabilities 3.64b)
Debt / Equity = 0.40 (Debt 1.76b / totalStockholderEquity, last quarter 4.41b)
Debt / EBITDA = 2.75 (Net Debt 753.3m / EBITDA 273.8m)
Debt / FCF = -2.24 (negative FCF - burning cash) (Net Debt 753.3m / FCF TTM -336.7m)
Total Stockholder Equity = 4.41b (last 4 quarters mean from totalStockholderEquity)
RoA = -1.89% (Net Income -200.2m / Total Assets 10.58b)
RoE = -4.54% (Net Income TTM -200.2m / Total Stockholder Equity 4.41b)
RoCE = -2.83% (EBIT -133.8m / Capital Employed (Equity 4.41b + L.T.Debt 317.2m))
RoIC = -2.21% (negative operating profit) (EBIT -133.8m / (Assets 10.58b - Curr.Liab 3.64b - Cash 900.7m))
WACC = 3.23% (E(1.61b)/V(3.37b) * Re(6.74%) + (debt cost/tax rate unavailable))
Discount Rate = 6.74% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
Fair Price DCF = unknown (Cash Flow -336.7m)
EPS Correlation: -41.81 | EPS CAGR: -36.30% | SUE: 0.35 | # QB: 0
Revenue Correlation: -88.35 | Revenue CAGR: -8.25% | SUE: -0.03 | # QB: 0
Market Cap EUR = 1.61b (1.61b EUR * 1.0 EUR.EUR)
P/E Forward = 3.2268
P/S = 0.1686
P/B = 0.3705
Beta = 1.919
Revenue TTM = 9.15b EUR
EBIT TTM = -133.8m EUR
EBITDA TTM = 273.8m EUR
Long Term Debt = 317.2m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 1.29b EUR (from shortTermDebt, last fiscal year)
Debt = 1.76b EUR (from shortLongTermDebtTotal, last fiscal year)
Net Debt = 753.3m EUR (from netDebt column, last fiscal year)
Enterprise Value = 2.47b EUR (1.61b + Debt 1.76b - CCE 900.7m)
Interest Coverage Ratio = -0.98 (Ebit TTM -133.8m / Interest Expense TTM 136.3m)
FCF Yield = -13.64% (FCF TTM -336.7m / Enterprise Value 2.47b)
FCF Margin = -3.68% (FCF TTM -336.7m / Revenue TTM 9.15b)
Net Margin = -2.19% (Net Income TTM -200.2m / Revenue TTM 9.15b)
Gross Margin = 33.30% ((Revenue TTM 9.15b - Cost of Revenue TTM 6.10b) / Revenue TTM)
Gross Margin QoQ = 36.40% (prev 33.71%)
Tobins Q-Ratio = 0.23 (Enterprise Value 2.47b / Total Assets 10.58b)
Interest Expense / Debt = 1.78% (Interest Expense 31.3m / Debt 1.76b)
Taxrate = -282.0% (out of range, set to none) (-31.3m / 11.1m)
NOPAT = unknown (EBIT/Op.Income or Taxrate missing)
Current Ratio = 1.47 (Total Current Assets 5.36b / Total Current Liabilities 3.64b)
Debt / Equity = 0.40 (Debt 1.76b / totalStockholderEquity, last quarter 4.41b)
Debt / EBITDA = 2.75 (Net Debt 753.3m / EBITDA 273.8m)
Debt / FCF = -2.24 (negative FCF - burning cash) (Net Debt 753.3m / FCF TTM -336.7m)
Total Stockholder Equity = 4.41b (last 4 quarters mean from totalStockholderEquity)
RoA = -1.89% (Net Income -200.2m / Total Assets 10.58b)
RoE = -4.54% (Net Income TTM -200.2m / Total Stockholder Equity 4.41b)
RoCE = -2.83% (EBIT -133.8m / Capital Employed (Equity 4.41b + L.T.Debt 317.2m))
RoIC = -2.21% (negative operating profit) (EBIT -133.8m / (Assets 10.58b - Curr.Liab 3.64b - Cash 900.7m))
WACC = 3.23% (E(1.61b)/V(3.37b) * Re(6.74%) + (debt cost/tax rate unavailable))
Discount Rate = 6.74% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
Fair Price DCF = unknown (Cash Flow -336.7m)
EPS Correlation: -41.81 | EPS CAGR: -36.30% | SUE: 0.35 | # QB: 0
Revenue Correlation: -88.35 | Revenue CAGR: -8.25% | SUE: -0.03 | # QB: 0