Steel Dynamics Stock Z Score

STLD Stock

USD 127.09 2.15 1.72%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Steel Dynamics Piotroski F Score and Steel Dynamics Valuation analysis.

For information on how to trade Steel Stock refer to our How to Trade Steel Stock guide.

At present, Steel Dynamics' Net Working Capital is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 713.6 K, whereas Net Invested Capital is forecasted to decline to about 9.8 B. At present, Steel Dynamics' Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 18.4 B, whereas Selling General Administrative is forecasted to decline to about 356.6 M.

Steel Dynamics Company Z Score Analysis

Steel Dynamics' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Steel Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Steel Dynamics is extremely important. It helps to project a fair market value of Steel Stock properly, considering its historical fundamentals such as Z Score. Since Steel Dynamics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Steel Dynamics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Steel Dynamics' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Good Will	Intangible Assets	Net Tangible Assets	Short Term Investments	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.42	0.95	0.94	0.36	0.78	0.94	0.53	0.69	0.63	-0.93	0.98	-0.51	0.1	0.07	0.96	0.59	0.72	0.86	0.7	-0.55	0.76	0.91	0.78	0.53
Total Stockholder Equity	0.99		0.32	0.98	0.91	0.28	0.71	0.91	0.55	0.64	0.53	-0.93	0.98	-0.57	-0.01	-0.05	0.99	0.63	0.69	0.85	0.7	-0.6	0.81	0.94	0.79	0.57
Net Debt	0.42	0.32		0.26	0.37	0.13	0.64	0.3	0.31	0.78	0.69	-0.22	0.4	0.09	0.67	0.6	0.22	-0.03	0.55	0.43	0.35	-0.1	0.24	0.24	-0.01	-0.08
Retained Earnings	0.95	0.98	0.26		0.85	0.15	0.6	0.83	0.62	0.57	0.39	-0.89	0.96	-0.64	-0.07	-0.14	0.99	0.61	0.65	0.82	0.69	-0.68	0.88	0.95	0.75	0.62
Accounts Payable	0.94	0.91	0.37	0.85		0.53	0.82	0.95	0.44	0.59	0.64	-0.95	0.9	-0.54	0.08	0.07	0.88	0.51	0.71	0.79	0.72	-0.39	0.63	0.86	0.83	0.41
Net Receivables	0.36	0.28	0.13	0.15	0.53		0.68	0.64	-0.16	0.13	0.58	-0.48	0.23	-0.1	0.23	0.23	0.21	0.53	0.28	0.18	0.38	0.5	-0.17	0.31	0.66	-0.3
Total Liab	0.78	0.71	0.64	0.6	0.82	0.68		0.85	0.26	0.75	0.88	-0.78	0.71	-0.24	0.33	0.32	0.63	0.51	0.73	0.75	0.71	0.02	0.36	0.7	0.63	-0.07
Total Current Assets	0.94	0.91	0.3	0.83	0.95	0.64	0.85		0.32	0.59	0.7	-0.95	0.88	-0.46	0.06	0.07	0.87	0.67	0.67	0.79	0.71	-0.29	0.54	0.85	0.89	0.33
Short Term Debt	0.53	0.55	0.31	0.62	0.44	-0.16	0.26	0.32		0.42	-0.04	-0.46	0.51	-0.57	0.28	0.2	0.52	0.33	0.31	0.35	0.21	-0.54	0.77	0.53	0.22	0.46
Common Stock	0.69	0.64	0.78	0.57	0.59	0.13	0.75	0.59	0.42		0.73	-0.54	0.67	-0.01	0.42	0.45	0.58	0.2	0.63	0.8	0.41	-0.34	0.44	0.51	0.23	0.13
Long Term Debt	0.63	0.53	0.69	0.39	0.64	0.58	0.88	0.7	-0.04	0.73		-0.54	0.59	0.13	0.36	0.43	0.45	0.27	0.64	0.65	0.52	0.04	0.13	0.42	0.42	-0.05
Treasury Stock	-0.93	-0.93	-0.22	-0.89	-0.95	-0.48	-0.78	-0.95	-0.46	-0.54	-0.54		-0.89	0.6	0.02	0.03	-0.91	-0.65	-0.67	-0.8	-0.75	0.39	-0.67	-0.93	-0.88	-0.4
Property Plant Equipment	0.98	0.98	0.4	0.96	0.9	0.23	0.71	0.88	0.51	0.67	0.59	-0.89		-0.52	0.0	-0.02	0.97	0.52	0.74	0.87	0.7	-0.64	0.79	0.9	0.74	0.6
Current Deferred Revenue	-0.51	-0.57	0.09	-0.64	-0.54	-0.1	-0.24	-0.46	-0.57	-0.01	0.13	0.6	-0.52		0.22	0.34	-0.6	-0.44	-0.18	-0.3	-0.63	0.41	-0.59	-0.7	-0.63	-0.39
Good Will	0.1	-0.01	0.67	-0.07	0.08	0.23	0.33	0.06	0.28	0.42	0.36	0.02	0.0	0.22		0.93	-0.14	-0.01	0.12	-0.11	-0.1	0.12	-0.1	-0.12	-0.09	-0.1
Intangible Assets	0.07	-0.05	0.6	-0.14	0.07	0.23	0.32	0.07	0.2	0.45	0.43	0.03	-0.02	0.34	0.93		-0.18	-0.1	0.01	-0.09	-0.16	0.13	-0.18	-0.22	-0.14	-0.07
Net Tangible Assets	0.96	0.99	0.22	0.99	0.88	0.21	0.63	0.87	0.52	0.58	0.45	-0.91	0.97	-0.6	-0.14	-0.18		0.59	0.68	0.86	0.69	-0.65	0.82	0.94	0.78	0.6
Short Term Investments	0.59	0.63	-0.03	0.61	0.51	0.53	0.51	0.67	0.33	0.2	0.27	-0.65	0.52	-0.44	-0.01	-0.1	0.59		0.3	0.39	0.53	-0.01	0.46	0.69	0.73	0.09
Long Term Debt Total	0.72	0.69	0.55	0.65	0.71	0.28	0.73	0.67	0.31	0.63	0.64	-0.67	0.74	-0.18	0.12	0.01	0.68	0.3		0.79	0.49	-0.27	0.51	0.7	0.5	0.15
Capital Surpluse	0.86	0.85	0.43	0.82	0.79	0.18	0.75	0.79	0.35	0.8	0.65	-0.8	0.87	-0.3	-0.11	-0.09	0.86	0.39	0.79		0.65	-0.46	0.64	0.81	0.54	0.29
Deferred Long Term Liab	0.7	0.7	0.35	0.69	0.72	0.38	0.71	0.71	0.21	0.41	0.52	-0.75	0.7	-0.63	-0.1	-0.16	0.69	0.53	0.49	0.65		-0.18	0.53	0.82	0.67	0.08
Long Term Investments	-0.55	-0.6	-0.1	-0.68	-0.39	0.5	0.02	-0.29	-0.54	-0.34	0.04	0.39	-0.64	0.41	0.12	0.13	-0.65	-0.01	-0.27	-0.46	-0.18		-0.72	-0.45	-0.22	-0.92
Short Long Term Debt	0.76	0.81	0.24	0.88	0.63	-0.17	0.36	0.54	0.77	0.44	0.13	-0.67	0.79	-0.59	-0.1	-0.18	0.82	0.46	0.51	0.64	0.53	-0.72		0.79	0.43	0.63
Net Invested Capital	0.91	0.94	0.24	0.95	0.86	0.31	0.7	0.85	0.53	0.51	0.42	-0.93	0.9	-0.7	-0.12	-0.22	0.94	0.69	0.7	0.81	0.82	-0.45	0.79		0.81	0.38
Net Working Capital	0.78	0.79	-0.01	0.75	0.83	0.66	0.63	0.89	0.22	0.23	0.42	-0.88	0.74	-0.63	-0.09	-0.14	0.78	0.73	0.5	0.54	0.67	-0.22	0.43	0.81		0.34
Capital Stock	0.53	0.57	-0.08	0.62	0.41	-0.3	-0.07	0.33	0.46	0.13	-0.05	-0.4	0.6	-0.39	-0.1	-0.07	0.6	0.09	0.15	0.29	0.08	-0.92	0.63	0.38	0.34

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Steel Dynamics

Based on the company's disclosures, Steel Dynamics has a Z Score of 0.0. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The z score for all United States stocks is 100.0% higher than that of the company.

Steel Dynamics ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Steel Dynamics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Steel Dynamics' managers, analysts, and investors.

Environmental

Governance

Social

Steel Dynamics Institutional Holders

Institutional Holdings refers to the ownership stake in Steel Dynamics that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Steel Dynamics' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Steel Dynamics' value.

		Shares
Morgan Stanley - Brokerage Accounts	2024-12-31	2.5 M
Royal London Asset Management Ltd	2024-12-31	2.1 M
Ameriprise Financial Inc	2024-12-31	2 M
Fmr Inc	2024-12-31	1.8 M
Northern Trust Corp	2024-12-31	1.8 M
Goldman Sachs Group Inc	2024-12-31	1.7 M
Ubs Asset Mgmt Americas Inc	2024-12-31	1.5 M
Thrivent Financial For Lutherans	2024-12-31	1.5 M
Nordea Investment Mgmt Bank Demark A/s		1.4 M
Vanguard Group Inc	2024-12-31	18.3 M
Blackrock Inc	2024-12-31	11.9 M

Steel Fundamentals

	Return On Equity	0.17
	Return On Asset	0.0814
	Profit Margin	0.09 %
	Operating Margin	0.06 %
	Current Valuation	21.55 B
	Shares Outstanding	149.9 M
	Shares Owned By Insiders	6.73 %
	Shares Owned By Institutions	85.48 %
	Number Of Shares Shorted	3.97 M
	Price To Earning	4.60 X
	Price To Book	2.13 X
	Price To Sales	1.07 X
	Revenue	17.54 B
	Gross Profit	2.8 B
	EBITDA	2.52 B
	Net Income	1.55 B
	Cash And Equivalents	2 B
	Cash Per Share	11.41 X
	Total Debt	3.23 B
	Debt To Equity	0.38 %
	Current Ratio	3.67 X
	Book Value Per Share	59.12 X
	Cash Flow From Operations	1.84 B
	Short Ratio	1.89 X
	Earnings Per Share	9.84 X
	Price To Earnings To Growth	10.91 X
	Target Price	145.7
	Number Of Employees	13 K
	Beta	1.35
	Market Capitalization	18.73 B
	Total Asset	14.94 B
	Retained Earnings	14.8 B
	Working Capital	3.28 B
	Current Asset	2.54 B
	Current Liabilities	535.29 M
	Annual Yield	0.02 %
	Five Year Return	2.23 %
	Net Asset	14.94 B
	Last Dividend Paid	1.84

About Steel Dynamics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Steel Dynamics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Steel Dynamics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Steel Dynamics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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When determining whether Steel Dynamics is a strong investment it is important to analyze Steel Dynamics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Steel Dynamics' future performance. For an informed investment choice regarding Steel Stock, refer to the following important reports:

How To Invest In Steel

Details

Is Steel Stock a good investment?

Details

What is Steel Dynamics' Net Worth?

Details

Largest Metals & Mining Companies

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Largest Materials Companies

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Check out Steel Dynamics Piotroski F Score and Steel Dynamics Valuation analysis.

For information on how to trade Steel Stock refer to our How to Trade Steel Stock guide.

You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Steel Dynamics. If investors know Steel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Steel Dynamics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.48)

Dividend Share

1.84

Earnings Share

9.84

Revenue Per Share

112.858

Quarterly Revenue Growth

(0.09)

The market value of Steel Dynamics is measured differently than its book value, which is the value of Steel that is recorded on the company's balance sheet. Investors also form their own opinion of Steel Dynamics' value that differs from its market value or its book value, called intrinsic value, which is Steel Dynamics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Steel Dynamics' market value can be influenced by many factors that don't directly affect Steel Dynamics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Steel Dynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Steel Dynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steel Dynamics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Steel Dynamics Stock Z Score

Steel Dynamics Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Steel Z Score Driver Correlations

Steel Dynamics ESG Sustainability

Steel Dynamics Institutional Holders

Steel Fundamentals

About Steel Dynamics Fundamental Analysis

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