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SSAB AB (SSAB-B) Fair Value & Analysis

Basic Materials · SE · Market cap 95.6B SEK

SA SSAB AB SSAB-B · ST
Pricekr 98.46
Fair Valuekr 72.43
Upside-26.4%
Quality61/100
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Evidence: Medium Range kr 54.56 – kr 94.15 📤 Share as image

Fair value as of: Jul 12, 2026

From 14 valuation models · updated 9 days ago

Share price +4.5% over the past month.

Price vs Fair Value (12 months)

kr 101.10 kr 50.40 Fair Value kr 72.43 Jul 2025 Jul 2026

12‑month range kr 50.40 – kr 101.10 · fair‑value band kr 54.56 – kr 94.15 · the kr 98.46 price screens above the kr 72.43 fair value. As of Jul 12, 2026.

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Analysis

SSAB AB (SSAB-B) currently trades at kr 98.46, while our model-based Fair Value estimate is kr 72.43, implying the stock looks roughly 26.4% overvalued today. We read business quality at 61/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, SSAB AB generated revenue of 96.0B SEK at a net margin of 5.6%. Revenue declined 0.7% year over year. It earns a return on equity of 7.8%. The balance sheet holds a net cash position of 11.4B SEK. Fundamentals as of Jul 12, 2026

Our scenario range runs from kr 54.56 (bear case) to kr 94.15 (bull case); at kr 98.46, the current price sits above that range. The share trades near its 52-week high and 96% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -36% fair-value upside, at -26%, SSAB-B screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 96.0B SEK
Revenue growth (YoY) -0.7%
Net margin 5.6%
Return on equity 7.8%
Free cash flow −3.5B SEK FY2025
P/E ratio 18.0
More key figures
Operating margin 8.6%
EPS (TTM) kr 5.40
Dividend yield 2.0%
EPS growth (YoY) +42.3%
Net cash 11.4B SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 12, 2026. TTM = trailing twelve months.

About the company

SSAB AB (publ) engages in the production and sale of steel products in Sweden, Finland, Germany, Poland, Denmark, Asia, the Rest of Europe, the United States, and internationally. It operates through five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The SSAB Special Steels segment offers quenched and tempered steels, and advanced high-strength steel products. The SSAB Europe segment provides strip, heavy plate, and tubular products. The SSAB Americas segment is involved in the sale of heavy plates. The Tibnor segment distributes a range of steel and non-ferrous metals in the Nordics and Baltics. The Ruukki Construction segment produces and sells building solutions. It also offers fossil free steel products. The company markets its steel products under the Strenx, Hardox, Docol, GreenCoat, Toolox, Armox, Duroxite, Cor-Ten, SSAB AM, SSAB Boron, SSAB Domex, SSAB Form, SSAB Laser, SSAB Weathering, and SSAB Multisteel brands. It serves …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SSAB AB reported revenue of kr 96.2B in FY2025 versus kr 95.9B in FY2021, a compound +0.1%/yr. Reported net income was kr 4.9B in FY2025, compounding −24.0%/yr from FY2021.

Revenue +0.1%/yr
FY21 kr 95.9B
FY22 kr 125B
FY23 kr 119B
FY24 kr 103B
FY25 kr 96.2B
Net income −24.0%/yr
FY21 kr 14.7B
FY22 −kr 10.9B
FY23 kr 13.0B
FY24 kr 13.0B
FY25 kr 4.9B

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Cite: Fair Value Calculator (2026). "SSAB AB Fair Value". https://www.fairvalue-calculator.com/stock/SSAB-B

Recent news

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Similar stocks

10 more Steel stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Nucor Corporation N1UE34 R$108.76 R$33.45 -69%
ArcelorMittal S.A ARMT34 R$163.20 R$15.38 -91%
JSW Steel Limited JSWSTEEL ₹1,284 ₹901.55 -30%
Tata Steel Limited TATASTEEL ₹206.77 ₹131.96 -36%
Baoshan Iron & Steel Co 600019 ¥5.74 ¥7.78 +36%
China Steel Corporation 2002A 38.45 TWD 11.94 TWD -69%
POSCO Holdings 005490 346,500 KRW 155,270 KRW -55%
Companhia Siderúrgica Nacional, SID 13,670 ARS 14,537 ARS +6%
Jindal Steel Limited JINDALSTEL ₹1,121 ₹410.48 -63%
Lloyds Metals and Energy Limited LLOYDSME ₹1,704 ₹1,099 -36%

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Frequently asked questions

Is SSAB AB (SSAB-B) undervalued?
As of Jul 12, 2026, our model estimates a fair value of kr 72.43 versus a price of kr 98.46, about −26% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SSAB-B?
Our model-based fair value for SSAB AB is kr 72.43 (as of Jul 12, 2026), built from audited fundamentals. The current price is kr 98.46.
What is the quality score of SSAB-B?
SSAB AB has a Quality Score of 61/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of SSAB AB (SSAB-B)?
SSAB AB reported trailing-twelve-month revenue of about 96.0B SEK (latest available figure, as of Jul 12, 2026).
What is the net profit margin of SSAB-B?
The net profit margin of SSAB AB is about 5.6%, meaning it keeps roughly 5.6% of revenue as net income. Based on the latest reported figures.
Does SSAB AB pay a dividend?
SSAB AB currently shows a dividend yield of about 2.03% relative to its recent price (as of Jul 12, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.