(SZG) Salzgitter - Ratings and Ratios

Exchange: XETRA • Country: Germany • Currency: EUR • Type: Common Stock • ISIN: DE0006202005

Steel, Flat Products, Pipes

SZG EPS (Earnings per Share)

EPS (Earnings per Share) of SZG over the last years for every Quarter: "2020-09": -1.84, "2020-12": -0.589, "2021-03": 1.38, "2021-06": 4.2, "2021-09": 4.36, "2021-12": 2.19, "2022-03": 6.8, "2022-06": 7.59, "2022-09": 3.01, "2022-12": 2.5921, "2023-03": 2.57, "2023-06": 0.92, "2023-09": 0.02, "2023-12": 0.1445, "2024-03": 0.24, "2024-06": -0.27, "2024-09": -3.34, "2024-12": 4.36, "2025-03": -0.4756, "2025-06": -1.02,

SZG Revenue

Revenue of SZG over the last years for every Quarter: 2020-09: 1633.4, 2020-12: 1826.5, 2021-03: 2094.1, 2021-06: 2341.4, 2021-09: 2566.2, 2021-12: 2765.7, 2022-03: 3349.9, 2022-06: 3286.7, 2022-09: 3128.8, 2022-12: 2788, 2023-03: 2982.5, 2023-06: 2853.2, 2023-09: 2570, 2023-12: 2384.8, 2024-03: 2677.9, 2024-06: 2565.3, 2024-09: 2484.1, 2024-12: 2284.4, 2025-03: 2329.5, 2025-06: 2335.2,

Description: SZG Salzgitter August 20, 2025

Salzgitter AG, listed on XETRA under the ticker symbol SZG, is a German steel company operating within the Steel GICS sub-industry. The companys stock is a common stock issue.

The steel industry is highly cyclical, with prices and demand influenced by global economic conditions, particularly in construction, automotive, and manufacturing sectors. Key economic drivers for Salzgitter AG include global steel demand, raw material prices (such as iron ore and coking coal), and European construction and automotive industry trends.

To evaluate Salzgitter AGs performance, relevant KPIs include revenue growth, EBITDA margins, and capacity utilization rates. The companys ability to manage raw material costs, optimize production, and maintain a competitive pricing strategy in the global steel market is crucial. Additionally, the companys debt-to-equity ratio and interest coverage ratio are important metrics to assess its financial health and leverage.

Given the negative Return on Equity (RoE) of -9.48%, it is clear that Salzgitter AG is currently facing profitability challenges. The forward Price-to-Earnings (P/E) ratio of 3.23 suggests that the market expects a significant improvement in earnings. Investors should closely monitor the companys quarterly earnings reports, particularly the tax provision, to understand the underlying drivers of profitability.

The high Beta of 2.008 indicates that Salzgitter AGs stock is highly sensitive to market movements, making it a potentially high-risk investment. The stocks price volatility, as measured by the Average True Range (ATR) of 0.85 (3.92%), further supports this assessment. Investors should be prepared for significant price swings and consider their risk tolerance before investing.

SZG Stock Overview

Market Cap in USD 1,753m
Sub-Industry Steel
IPO / Inception

SZG Stock Ratings

Growth Rating 30.9%
Fundamental 24.6%
Dividend Rating 31.3%
Return 12m vs S&P 500 69.1%
Analyst Rating -

SZG Dividends

Dividend Yield 12m 0.71%
Yield on Cost 5y 1.72%
Annual Growth 5y 22.47%
Payout Consistency 74.6%
Payout Ratio 7.0%

SZG Growth Ratios

Growth Correlation 3m 78.6%
Growth Correlation 12m 76.9%
Growth Correlation 5y -29.2%
CAGR 5y 2.89%
CAGR/Max DD 3y (Calmar Ratio) 0.04
CAGR/Mean DD 3y (Pain Ratio) 0.08
Sharpe Ratio 12m -0.06
Alpha 71.45
Beta 1.996
Volatility 44.71%
Current Volume 166.7k
Average Volume 20d 280.4k
Stop Loss 26.5 (-5.8%)
Signal -0.80

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (-421.2m TTM) > 0 and > 6% of Revenue (6% = 566.0m TTM)
FCFTA -0.05 (>2.0%) and ΔFCFTA -1.84pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 19.29% (prev 24.04%; Δ -4.75pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.06 (>3.0%) and CFO 626.7m > Net Income -421.2m (YES >=105%, WARN >=100%)
Net Debt (-765.2m) to EBITDA (368.8m) ratio: -2.07 <= 3.0 (WARN <= 3.5)
Current Ratio 1.54 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (54.0m) change vs 12m ago -0.65% (target <= -2.0% for YES)
Gross Margin 32.38% (prev 20.00%; Δ 12.38pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 90.46% (prev 96.70%; Δ -6.24pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -1.77 (EBITDA TTM 368.8m / Interest Expense TTM 141.4m) >= 6 (WARN >= 3)

Altman Z'' 3.13

(A) 0.18 = (Total Current Assets 5.20b - Total Current Liabilities 3.38b) / Total Assets 10.31b
(B) 0.41 = Retained Earnings (Balance) 4.28b / Total Assets 10.31b
(C) -0.02 = EBIT TTM -250.1m / Avg Total Assets 10.43b
(D) 0.75 = Book Value of Equity 4.46b / Total Liabilities 5.96b
Total Rating: 3.13 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 24.61

1. Piotroski 5.50pt = 0.50
2. FCF Yield -20.63% = -5.0
3. FCF Margin -5.42% = -2.03
4. Debt/Equity 0.40 = 2.42
5. Debt/Ebitda -2.07 = 2.50
6. ROIC - WACC (= -12.15)% = -12.50
7. RoE -9.48% = -1.58
8. Rev. Trend -88.77% = -6.66
9. EPS Trend -60.76% = -3.04

What is the price of SZG shares?

As of November 03, 2025, the stock is trading at EUR 28.12 with a total of 166,741 shares traded.
Over the past week, the price has changed by -5.89%, over one month by -3.90%, over three months by +27.36% and over the past year by +104.81%.

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 24.61 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 29.97 EUR . This means that SZG is currently overvalued and has a potential downside of 6.58%.

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 25.1 -10.9%
Analysts Target Price - -
ValueRay Target Price 33 17.4%

SZG Fundamental Data Overview January 01, 1970

Market Cap USD = 1.75b (1.52b EUR * 1.1525 EUR.USD)
Market Cap EUR = 1.52b (1.52b EUR * 1.0 EUR.EUR)
P/E Forward = 3.2268
P/S = 0.1612
P/B = 0.4029
Beta = 1.996
Revenue TTM = 9.43b EUR
EBIT TTM = -250.1m EUR
EBITDA TTM = 368.8m EUR
Long Term Debt = 317.2m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 1.09b EUR (from shortTermDebt, last quarter)
Debt = 1.72b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = -765.2m EUR (from netDebt column, last quarter)
Enterprise Value = 2.48b EUR (1.52b + Debt 1.72b - CCE 765.2m)
Interest Coverage Ratio = -1.77 (Ebit TTM -250.1m / Interest Expense TTM 141.4m)
FCF Yield = -20.63% (FCF TTM -511.3m / Enterprise Value 2.48b)
FCF Margin = -5.42% (FCF TTM -511.3m / Revenue TTM 9.43b)
Net Margin = -4.47% (Net Income TTM -421.2m / Revenue TTM 9.43b)
Gross Margin = 32.38% ((Revenue TTM 9.43b - Cost of Revenue TTM 6.38b) / Revenue TTM)
Gross Margin QoQ = 33.71% (prev 33.26%)
Tobins Q-Ratio = 0.24 (Enterprise Value 2.48b / Total Assets 10.31b)
Interest Expense / Debt = 1.79% (Interest Expense 30.9m / Debt 1.72b)
Taxrate = 3.89% (-2.20m / -56.5m)
NOPAT = -240.4m (EBIT -250.1m * (1 - 3.89%)) [loss with tax shield]
Current Ratio = 1.54 (Total Current Assets 5.20b / Total Current Liabilities 3.38b)
Debt / Equity = 0.40 (Debt 1.72b / totalStockholderEquity, last quarter 4.35b)
Debt / EBITDA = -2.07 (Net Debt -765.2m / EBITDA 368.8m)
Debt / FCF = 1.50 (negative FCF - burning cash) (Net Debt -765.2m / FCF TTM -511.3m)
Total Stockholder Equity = 4.45b (last 4 quarters mean from totalStockholderEquity)
RoA = -4.09% (Net Income -421.2m / Total Assets 10.31b)
RoE = -9.48% (Net Income TTM -421.2m / Total Stockholder Equity 4.45b)
RoCE = -5.25% (EBIT -250.1m / Capital Employed (Equity 4.45b + L.T.Debt 317.2m))
RoIC = -4.97% (negative operating profit) (NOPAT -240.4m / Invested Capital 4.84b)
WACC = 7.19% (E(1.52b)/V(3.24b) * Re(13.37%) + D(1.72b)/V(3.24b) * Rd(1.79%) * (1-Tc(0.04)))
Discount Rate = 13.37% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -81.65 | Cagr: -0.06%
Fair Price DCF = unknown (Cash Flow -511.3m)
EPS Correlation: -60.76 | EPS CAGR: -30.01% | SUE: -0.30 | # QB: 0
Revenue Correlation: -88.77 | Revenue CAGR: -10.09% | SUE: -0.13 | # QB: 0

Additional Sources for SZG Stock

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