(SXC) SunCoke Energy - Overview
Sector: Basic Materials | Industry: Coking Coal | Exchange: NYSE (USA) | Market Cap: 660m USD | Total Return: -7.1% in 12m
Industry Rotation: +18.5
Avg Turnover: 9.35M
EPS Trend: -40.2%
Qual. Beats: -2
Rev. Trend: -69.1%
Qual. Beats: 7
Warnings
Beneish M-Score -0.77 > -1.5 - likely earnings manipulation
Tailwinds
No distinct edge detected
SunCoke Energy, Inc. (SXC) is an independent producer of blast furnace and foundry coke, a critical raw material used in the steelmaking process. The company operates through two primary segments: Domestic Coke and Industrial Services. Beyond coke production, the firm manages a logistics network of terminals and provides specialized material handling services for coal, steel, and electric utility customers.
The business model utilizes heat recovery technology to capture excess heat from the cokemaking process, which is then converted into steam or electricity for sale to industrial customers. This integration allows the company to operate within the capital-intensive steel sector while diversifying revenue through scrap management, metal recovery, and environmental services. Historical demand for coke is closely tied to the production levels of integrated steel mills using traditional blast furnace methods.
Investors should review the detailed fundamental metrics on ValueRay to better understand the companys valuation. SunCoke Energy is headquartered in Lisle, Illinois, and has maintained a presence in the industrial materials sector since 1960.
- Domestic steel production levels dictate demand for blast furnace coke products
- Long-term take-or-pay contracts provide stable cash flow and revenue predictability
- Coal feedstock prices and logistics costs impact profit margins and operational efficiency
- Expansion into industrial services and scrap handling diversifies non-coke revenue streams
- Environmental regulations and carbon emission standards increase compliance costs for cokemaking operations
| Net Income: -65.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -2.89 > 1.0 |
| NWC/Revenue: 13.27% < 20% (prev 15.37%; Δ -2.11% < -1%) |
| CFO/TA 0.09 > 3% & CFO 156.0m > Net Income -65.9m |
| Net Debt (558.0m) to EBITDA (208.0m): 2.68 < 3 |
| Current Ratio: 2.23 > 1.5 & < 3 |
| Outstanding Shares: last quarter (85.6m) vs 12m ago 0.0% < -2% |
| Gross Margin: 6.49% > 18% (prev 0.15%; Δ 633.7% > 0.5%) |
| Asset Turnover: 109.1% > 50% (prev 112.9%; Δ -3.76% > 0%) |
| Interest Coverage Ratio: 1.18 > 6 (EBITDA TTM 208.0m / Interest Expense TTM 32.4m) |
| A: 0.14 (Total Current Assets 446.6m - Total Current Liabilities 200.3m) / Total Assets 1.73b |
| B: 0.02 (Retained Earnings 37.6m / Total Assets 1.73b) |
| C: 0.02 (EBIT TTM 38.3m / Avg Total Assets 1.70b) |
| D: 0.03 (Book Value of Equity 33.9m / Total Liabilities 1.12b) |
| Altman-Z'' Score: 1.19 = BB |
| DSRI: 1.45 (Receivables 115.2m/80.7m, Revenue 1.86b/1.88b) |
| GMI: 2.38 (GM 6.49% / 15.44%) |
| AQI: 2.31 (AQ_t 0.07 / AQ_t-1 0.03) |
| SGI: 0.99 (Revenue 1.86b / 1.88b) |
| TATA: -0.13 (NI -65.9m - CFO 156.0m) / TA 1.73b) |
| Beneish M-Score: -0.77 (Cap -4..+1) = D |
Over the past week, the price has changed by +5.70%, over one month by +23.60%, over three months by +12.46% and over the past year by -7.07%.
- StrongBuy: 1
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 9.5 | 24.7% |
P/S = 0.3556
P/B = 1.0678
P/EG = 1.9829
Revenue TTM = 1.86b USD
EBIT TTM = 38.3m USD
EBITDA TTM = 208.0m USD
Long Term Debt = 659.9m USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 662.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 558.0m USD (from netDebt column, last quarter)
Enterprise Value = 1.22b USD (660.2m + Debt 662.4m - CCE 104.4m)
Interest Coverage Ratio = 1.18 (Ebit TTM 38.3m / Interest Expense TTM 32.4m)
EV/FCF = 15.80x (Enterprise Value 1.22b / FCF TTM 77.1m)
FCF Yield = 6.33% (FCF TTM 77.1m / Enterprise Value 1.22b)
FCF Margin = 4.15% (FCF TTM 77.1m / Revenue TTM 1.86b)
Net Margin = -3.55% (Net Income TTM -65.9m / Revenue TTM 1.86b)
Gross Margin = 6.49% ((Revenue TTM 1.86b - Cost of Revenue TTM 1.74b) / Revenue TTM)
Gross Margin QoQ = 7.62% (prev 2.85%)
Tobins Q-Ratio = 0.70 (Enterprise Value 1.22b / Total Assets 1.73b)
Interest Expense / Debt = 1.31% (Interest Expense 8.70m / Debt 662.4m)
Taxrate = 21.0% (US default 21%)
NOPAT = 30.3m (EBIT 38.3m * (1 - 21.00%))
Current Ratio = 2.23 (Total Current Assets 446.6m / Total Current Liabilities 200.3m)
Debt / Equity = 1.14 (Debt 662.4m / totalStockholderEquity, last quarter 581.7m)
Debt / EBITDA = 2.68 (Net Debt 558.0m / EBITDA 208.0m)
Debt / FCF = 7.24 (Net Debt 558.0m / FCF TTM 77.1m)
Total Stockholder Equity = 638.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -3.87% (Net Income -65.9m / Total Assets 1.73b)
RoE = -10.33% (Net Income TTM -65.9m / Total Stockholder Equity 638.1m)
RoCE = 2.95% (EBIT 38.3m / Capital Employed (Equity 638.1m + L.T.Debt 659.9m))
RoIC = 2.38% (NOPAT 30.3m / Invested Capital 1.27b)
WACC = 5.37% (E(660.2m)/V(1.32b) * Re(9.71%) + D(662.4m)/V(1.32b) * Rd(1.31%) * (1-Tc(0.21)))
Discount Rate = 9.71% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 79.50 | Cagr: 0.31%
[DCF] Terminal Value 84.64% ; FCFF base≈95.2m ; Y1≈81.5m ; Y5≈63.5m
[DCF] Fair Price = 16.10 (EV 1.92b - Net Debt 558.0m = Equity 1.37b / Shares 84.9m; r=6.0% [WACC]; 5y FCF grow -17.44% → 3.0% )
EPS Correlation: -40.22 | EPS CAGR: -51.05% | SUE: -1.05 | # QB: -2
Revenue Correlation: -69.15 | Revenue CAGR: -2.58% | SUE: 1.18 | # QB: 7
EPS current Quarter (2026-06-30): EPS=0.08 | Chg30d=+0.00% | Revisions=-20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.09 | Chg30d=-25.00% | Revisions=-20% | Analysts=1
EPS current Year (2026-12-31): EPS=0.20 | Chg30d=-50.00% | Revisions=-20% | GrowthEPS=+18.6% | GrowthRev=-1.5%
EPS next Year (2027-12-31): EPS=-0.19 | Chg30d=-280.00% | Revisions=-20% | GrowthEPS=-195.0% | GrowthRev=-4.5%