SCHNITZER STEEL INDUSTRIES Valuation

SCHNITZER STEEL Investor Information

About 84.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.92. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. SCHNITZER STEEL INDU has Price/Earnings To Growth (PEG) ratio of 1.55. The entity last dividend was issued on the 14th of July 2023. The firm had 3:2 split on the 26th of March 2004. SCHNITZER STEEL INDUSTRIES is not in a good financial situation at the moment. It has a very high risk of going through financial straits in April.

SCHNITZER STEEL Asset Utilization

The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The recent return on assets of SCHNITZER suggests not a very effective usage of assets in March.

SCHNITZER STEEL Ownership Allocation

SCHNITZER STEEL INDU shows a total of 27.31 Million outstanding shares. The majority of SCHNITZER STEEL INDU outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in SCHNITZER STEEL to benefit from reduced commissions. Thus, institutions are subject to a different set of regulations than regular investors in SCHNITZER STEEL INDU. Please pay attention to any change in the institutional holdings of SCHNITZER STEEL INDUSTRIES as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the entity is less than the current market value, you may not be able to make money on it.

SCHNITZER STEEL Profitability Analysis

The company reported the previous year's revenue of 3.49 B. Net Income was 172 M with profit before overhead, payroll, taxes, and interest of 473.07 M.

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.

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If you are still planning to invest in SCHNITZER STEEL INDU check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the SCHNITZER STEEL's history and understand the potential risks before investing.