Steelcase Financials

SCS Stock  USD 13.47  0.07  0.52%   
Based on the measurements of operating efficiency obtained from Steelcase's historical financial statements, Steelcase is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At this time, Steelcase's Long Term Investments are comparatively stable compared to the past year. Key indicators impacting Steelcase's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.03890.0257
Way Up
Slightly volatile
Return On Assets0.06270.0363
Way Up
Slightly volatile
Return On Equity0.150.0914
Way Up
Slightly volatile
Debt Equity Ratio0.280.5539
Way Down
Very volatile
Operating Income101.3 M117.8 M
Fairly Down
Slightly volatile
Current Ratio1.371.5803
Fairly Down
Very volatile
The essential information of the day-to-day investment outlook for Steelcase includes many different criteria found on its balance sheet. An individual investor should monitor Steelcase's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Steelcase.

Cash And Equivalents

568.05 Million

  
Understanding current and past Steelcase Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Steelcase's financial statements are interrelated, with each one affecting the others. For example, an increase in Steelcase's assets may result in an increase in income on the income statement.

Steelcase Earnings Geography

Please note, the imprecision that can be found in Steelcase's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Steelcase. Check Steelcase's Beneish M Score to see the likelihood of Steelcase's management manipulating its earnings.

Steelcase Stock Summary

Steelcase competes with Ennis, Acco Brands, Acacia Research, and HNI Corp. Steelcase Inc. provides a portfolio of furniture and architectural products in the United States and internationally. The company was founded in 1912 and is headquartered in Grand Rapids, Michigan. Steelcase operates under Business Equipment Supplies classification in the United States and is traded on New York Stock Exchange. It employs 11600 people.
Specialization
Consumer Cyclical, Commercial & Professional Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS8581552036
CUSIP858155203
LocationMichigan; U.S.A
Business Address901 44th Street
SectorCommercial Services & Supplies
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.steelcase.com
Phone616 247 2710
CurrencyUSD - US Dollar

Steelcase Key Financial Ratios

Steelcase Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Steelcase's current stock value. Our valuation model uses many indicators to compare Steelcase value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Steelcase competition to find correlations between indicators driving Steelcase's intrinsic value. More Info.
Steelcase is rated second in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about  0.28  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Steelcase is roughly  3.62 . At this time, Steelcase's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Steelcase by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Steelcase Systematic Risk

Steelcase's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Steelcase volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Steelcase correlated with the market. If Beta is less than 0 Steelcase generally moves in the opposite direction as compared to the market. If Steelcase Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Steelcase is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Steelcase is generally in the same direction as the market. If Beta > 1 Steelcase moves generally in the same direction as, but more than the movement of the benchmark.

Steelcase Thematic Clasifications

Steelcase is part of Business Supplies investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Business Supplies industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Business SuppliesView
This theme covers USA Equities from Business Supplies industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Steelcase Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Steelcase's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Steelcase growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.52

At this time, Steelcase's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Steelcase November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Steelcase help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Steelcase. We use our internally-developed statistical techniques to arrive at the intrinsic value of Steelcase based on widely used predictive technical indicators. In general, we focus on analyzing Steelcase Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Steelcase's daily price indicators and compare them against related drivers.

Additional Tools for Steelcase Stock Analysis

When running Steelcase's price analysis, check to measure Steelcase's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Steelcase is operating at the current time. Most of Steelcase's value examination focuses on studying past and present price action to predict the probability of Steelcase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steelcase's price. Additionally, you may evaluate how the addition of Steelcase to your portfolios can decrease your overall portfolio volatility.