STLD Valuation

Steel Dynamics Inc

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130.920

-0.65(-0.494%)1D

Overview
Forecast
Valuation
Earnings

STLD Relative Valuation

STLD's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, STLD is overvalued; if below, it's undervalued.

Historical Valuation

Steel Dynamics Inc (STLD) is now in the Fair zone, suggesting that its current forward PE ratio of 11.68 is considered Fairly compared with the five-year average of 8.52. The fair price of Steel Dynamics Inc (STLD) is between 67.76 to 141.78 according to relative valuation methord.

Relative Value

Fair Zone

67.76-141.78

Current Price：130.92

Fair

11.68

Trailing

Forward

8.01

EV/EBITDA

Steel Dynamics Inc. (STLD) has a current EV/EBITDA of 8.01. The 5-year average EV/EBITDA is 5.74. The thresholds are as follows: Strongly Undervalued below 0.84, Undervalued between 0.84 and 3.29, Fairly Valued between 8.20 and 3.29, Overvalued between 8.20 and 10.65, and Strongly Overvalued above 10.65. The current Forward EV/EBITDA of 8.01 falls within the Historic Trend Line -Fairly Valued range.

10.37

EV/EBIT

Steel Dynamics Inc. (STLD) has a current EV/EBIT of 10.37. The 5-year average EV/EBIT is 6.79. The thresholds are as follows: Strongly Undervalued below 0.19, Undervalued between 0.19 and 3.49, Fairly Valued between 10.08 and 3.49, Overvalued between 10.08 and 13.38, and Strongly Overvalued above 13.38. The current Forward EV/EBIT of 10.37 falls within the Overvalued range.

0.99

Steel Dynamics Inc. (STLD) has a current PS of 0.99. The 5-year average PS is 0.87. The thresholds are as follows: Strongly Undervalued below 0.42, Undervalued between 0.42 and 0.65, Fairly Valued between 1.10 and 0.65, Overvalued between 1.10 and 1.32, and Strongly Overvalued above 1.32. The current Forward PS of 0.99 falls within the Historic Trend Line -Fairly Valued range.

9.73

P/OCF

Steel Dynamics Inc. (STLD) has a current P/OCF of 9.73. The 5-year average P/OCF is 6.64. The thresholds are as follows: Strongly Undervalued below 1.31, Undervalued between 1.31 and 3.97, Fairly Valued between 9.31 and 3.97, Overvalued between 9.31 and 11.98, and Strongly Overvalued above 11.98. The current Forward P/OCF of 9.73 falls within the Overvalued range.

12.64

P/FCF

Steel Dynamics Inc. (STLD) has a current P/FCF of 12.64. The 5-year average P/FCF is 16.53. The thresholds are as follows: Strongly Undervalued below -22.38, Undervalued between -22.38 and -2.93, Fairly Valued between 35.99 and -2.93, Overvalued between 35.99 and 55.44, and Strongly Overvalued above 55.44. The current Forward P/FCF of 12.64 falls within the Historic Trend Line -Fairly Valued range.

Steel Dynamics Inc (STLD) has a current Price-to-Book (P/B) ratio of 2.18. Compared to its 3-year average P/B ratio of 2.16 , the current P/B ratio is approximately 0.84% higher. Relative to its 5-year average P/B ratio of 2.16, the current P/B ratio is about 1.12% higher. Steel Dynamics Inc (STLD) has a Forward Free Cash Flow (FCF) yield of approximately -0.56%. Compared to its 3-year average FCF yield of 9.59%, the current FCF yield is approximately -105.81% lower. Relative to its 5-year average FCF yield of 7.72% , the current FCF yield is about -107.22% lower.

2.18

P/B

Median3y

2.16

Median5y

2.16

-0.56

FCF Yield

Median3y

9.59

Median5y

7.72

Competitors Valuation Multiple

The average P/S ratio for STLD's competitors is 0.78, providing a benchmark for relative valuation. Steel Dynamics Inc Corp (STLD) exhibits a P/S ratio of 0.99, which is 27.39% above the industry average. Given its robust revenue growth of -1.46%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Companhia Siderurgica Nacional SA

Performance Decomposition

Market capitalization of STLD increased by 4.22% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 14.18 to 19.13.

The secondary factor is the Revenue Growth, contributed -1.46%to the performance.

Overall, the performance of STLD in the past 1 year is driven by P/E Change. Which is more unsustainable.

-1.46%

4.63B → 4.57B

Revenue Growth

-29.18%

9.32 → 6.60

Margin Expansion

34.86%

14.18 → 19.13

P/E Change

4.22%