Company Valuation: Steel Dynamics, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 12,318 17,153 19,111 17,367 24,746 35,553 - -
Change - 39.26% 11.41% -9.13% 42.49% 43.67% - -
Enterprise Value (EV) 1 14,180 17,967 20,059 19,860 28,118 38,018 35,037 32,234
Change - 26.71% 11.64% -0.99% 41.58% 35.21% -7.84% -8%
P/E 3.99x 4.67x 8.07x 11.6x 21.2x 14.4x 11.9x 13x
PBR 2.02x 2.2x 2.13x 1.99x 2.81x 3.44x 2.81x 2.43x
PEG - 0.1x -0.3x -0.4x -1.1x 0x 0.6x -1.65x
Capitalization / Revenue 0.67x 0.77x 1.02x 0.99x 1.36x 1.47x 1.43x 1.49x
EV / Revenue 0.77x 0.81x 1.07x 1.13x 1.55x 1.57x 1.41x 1.35x
EV / EBITDA 3.05x 3.28x 5.48x 7.96x 13.1x 9.18x 7.21x 7.92x
EV / EBIT 3.3x 3.53x 6.37x 10.2x 19.1x 11.2x 8.87x 9.63x
EV / FCF 11.8x 5.06x 10.8x -845x 56.1x 18.5x 10.2x 10.1x
FCF Yield 8.45% 19.8% 9.28% -0.12% 1.78% 5.41% 9.84% 9.87%
Dividend per Share 2 1.04 1.36 1.7 1.84 2 2.12 2.245 2.332
Rate of return 1.68% 1.39% 1.44% 1.61% 1.18% 0.85% 0.9% 0.93%
EPS 2 15.56 20.92 14.64 9.84 7.99 17.34 20.93 19.29
Distribution rate 6.68% 6.5% 11.6% 18.7% 25% 12.2% 10.7% 12.1%
Net sales 1 18,409 22,261 18,795 17,540 18,177 24,143 24,929 23,848
EBITDA 1 4,649 5,476 3,663 2,494 2,151 4,143 4,859 4,072
EBIT 1 4,301 5,092 3,151 1,943 1,476 3,397 3,951 3,349
Net income 1 3,214 3,863 2,451 1,537 1,186 2,549 2,975 2,683
Net Debt 1 1,862 813.9 949 2,494 3,372 2,465 -516 -3,319
Reference price 2 62.07 97.70 118.10 114.07 169.45 249.99 249.99 249.99
Nbr of stocks (in thousands) 1,98,451 1,75,571 1,61,816 1,52,245 1,46,035 1,42,217 - -
Announcement Date 24/01/22 25/01/23 23/01/24 22/01/25 26/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.42x1.57x9.18x0.85% 3.56TCr
13.66x1.57x8.21x0.83% 6.17TCr
7.43x1.57x4.18x8.99% 4.86TCr
19.56x0.79x6.63x1.03% 4.5TCr
17.49x1.71x9.3x0.63% 3.18TCr
18.23x2.28x5.73x3.59% 3.14TCr
11.88x1.1x6.61x2.5% 2.22TCr
16.32x1.24x10.73x1.13% 2.23TCr
11.88x0.76x6.22x3.67% 2.17TCr
13.54x0.48x5.48x3.46% 1.96TCr
Average 14.44x 1.31x 7.23x 2.67% 3.4TCr
Weighted average by Cap. 14.35x 1.38x 7.18x 2.72%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Steel Dynamics, Inc.

Historical PBR trend

Valuation ratios - PBR - Steel Dynamics, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Steel Dynamics, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Steel Dynamics, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Steel Dynamics, Inc.
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