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STOCK COMPARISON

Steel Dynamics vs Tata Steel: Fair Value & Quality

Both stocks run through our valuation models. Here is how Steel Dynamics (STLD) and Tata Steel (TATASTEEL) compare, as of Aug 8, 2026.

As of Aug 8, 2026, Fair Value Calculator sees Tata Steel as the less overvalued of the two: Steel Dynamics trades at $261 versus a fair value of $140 (-47%), while Tata Steel trades at ₹189 versus ₹147 (-22%).
Steel Dynamics
STLD · USD · Materials
-47%
upside to fair value
overvalued
Price$261
Fair Value$140
Quality63/100
Tata Steel
TATASTEEL.NSE · INR · Materials
-22%
upside to fair value
overvalued
Price₹189
Fair Value₹147
Quality57/100

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Steel DynamicsTata Steel
Valuation
24.5×P/E (TTM)22.1×
1.73×P/S (TTM)1.01×
3.68×P/B2.28×
15.7×EV/EBITDA8.8×
10.91×PEG
0.9%Dividend yield2.1%
$2.03Dividend per share₹4.00
Profitability
7%Net margin5%
10%Operating margin10%
15%Return on equity11%
7%Return on assets5%
Growth
19%Revenue growth (YoY)13%
-6.5%Avg. growth/yr (3Y)-1.6%
13.6%Avg. growth/yr (5Y)8.2%
Balance & size
0.47×Debt / equity0.62×
$33BMarket cap$25B
mixedGrowth qualityhealthy

Steel Dynamics leads: 7 to 6 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Steel Dynamicsof which business quality 57 · market factors 73 Tata Steelof which business quality 54 · market factors 56
ProfitabilityMargins and returns on capital today
50
45
Quality GrowthAre margins and returns improving?
22
49
CashflowEarnings quality: real cash, not paper profit
28
52
Fin. StrengthBalance sheet, leverage, solvency risk
75
34
InvestmentDisciplined investing over empire-building
80
90
Low VolatilityCalm price path (market factor)
37
77
MomentumPrice trend over the last 3–12 months (market factor)
85
42
52W MomentumDistance to the 52-week high (market factor)
92
56
Net IssuanceBuybacks instead of dilution
100
79

What the models say

The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.

Steel Dynamics

DCF Models$193
Earnings-Based$288
Dividend Discount$35.53
Multiples$149
Asset-Based$41.61
Growth DCF$129
Economic Profit$74.17
Growth Earnings$371

22 of 26 models see the stock below the current price.

Tata Steel

DCF Models₹177
Earnings-Based₹85.00
Dividend Discount₹68.48
Multiples₹172
Asset-Based₹54.89
Growth DCF₹180
Economic Profit₹101
Growth Earnings₹160

19 of 26 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Steel Dynamics
Bear $57.14Fair Value $140Bull $175
$261 = current price (white tick)
Tata Steel
Bear ₹100Fair Value ₹147Bull ₹184
₹189 = current price (white tick)

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Steel Dynamics · Materials

Quality score63 · Top 25%
Fair value upside-47% · below median

Tata Steel · Materials

Quality score57 · Top 25%
Fair value upside-22% · above median

Bottom line

As of Aug 8, 2026, Fair Value Calculator sees Tata Steel as the less overvalued of the two: Steel Dynamics trades at $261 versus a fair value of $140 (-47%), while Tata Steel trades at ₹189 versus ₹147 (-22%).

Steel Dynamics has the higher quality score (63/100).

See the full analysis →

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A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.