Steelcase Financials
| SCS Stock | USD 13.15 0.34 2.65% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Net Profit Margin | 0.0389 | 0.0257 |
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| Return On Assets | 0.0627 | 0.0363 |
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| Return On Equity | 0.15 | 0.0914 |
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| Debt Equity Ratio | 0.28 | 0.5539 |
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| Operating Income | 101.9 M | 136 M |
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| Current Ratio | 1.37 | 1.5803 |
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The financial analysis of Steelcase is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Steelcase includes many different criteria found on its balance sheet. For example, investors should never minimize Steelcase's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Steelcase's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Steelcase.
Cash And Equivalents |
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With this module, you can analyze Steelcase financials for your investing period. You should be able to track the changes in Steelcase individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Steelcase | Select Account or Indicator |
Understanding current and past Steelcase Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Steelcase's financial statements are interrelated, with each one affecting the others. For example, an increase in Steelcase's assets may result in an increase in income on the income statement.
The data published in Steelcase's official financial statements usually reflect Steelcase's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Steelcase. For example, before you start analyzing numbers published by Steelcase accountants, it's critical to develop an understanding of what Steelcase's liquidity, profitability, and earnings quality are in the context of the Commercial Services & Supplies space in which it operates.
Please note, the presentation of Steelcase's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Steelcase's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Steelcase's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Steelcase. Please utilize our Beneish M Score to check the likelihood of Steelcase's management manipulating its earnings.
Steelcase Stock Summary
Steelcase competes with Acco Brands, Acacia Research, Barnes, Jacobs Solutions, and Ryder System. Steelcase Inc. provides a portfolio of furniture and architectural products in the United States and internationally. The company was founded in 1912 and is headquartered in Grand Rapids, Michigan. Steelcase operates under Business Equipment Supplies classification in the United States and is traded on New York Stock Exchange. It employs 11600 people.Specialization | Industrials, Commercial & Professional Services |
| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| ISIN | US8581552036 |
| CUSIP | 858155203 |
| Location | Michigan; U.S.A |
| Business Address | 901 44th Street |
| Sector | Commercial Services & Supplies |
| Industry | Industrials |
| Benchmark | NYSE Composite |
| Website | www.steelcase.com |
| Phone | 616 247 2710 |
| Currency | USD - US Dollar |
You should never invest in Steelcase without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Steelcase Stock, because this is throwing your money away. Analyzing the key information contained in Steelcase's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Steelcase Key Financial Ratios
Generally speaking, Steelcase's financial ratios allow both analysts and investors to convert raw data from Steelcase's financial statements into concise, actionable information that can be used to evaluate the performance of Steelcase over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Steelcase reports annually and quarterly.| Return On Equity | 0.0947 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.03 % |
Steelcase Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Steelcase's current stock value. Our valuation model uses many indicators to compare Steelcase value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Steelcase competition to find correlations between indicators driving Steelcase's intrinsic value. More Info.Steelcase is rated fifth in return on equity category among related companies. It is rated fifth in return on asset category among related companies reporting about 0.37 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Steelcase is roughly 2.70 . At this time, Steelcase's Return On Equity is comparatively stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Steelcase by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Steelcase's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Steelcase's earnings, one of the primary drivers of an investment's value.Steelcase's Earnings Breakdown by Geography
Steelcase Systematic Risk
Steelcase's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Steelcase volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Steelcase correlated with the market. If Beta is less than 0 Steelcase generally moves in the opposite direction as compared to the market. If Steelcase Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Steelcase is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Steelcase is generally in the same direction as the market. If Beta > 1 Steelcase moves generally in the same direction as, but more than the movement of the benchmark.
About Steelcase Financials
What exactly are Steelcase Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Steelcase's income statement, its balance sheet, and the statement of cash flows. Potential Steelcase investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Steelcase investors may use each financial statement separately, they are all related. The changes in Steelcase's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Steelcase's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Steelcase Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Steelcase is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Steelcase has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Steelcase's financials are consistent with your investment objective using the following steps:- Review Steelcase's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Steelcase's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Steelcase's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Steelcase's stock is overvalued or undervalued.
Steelcase Thematic Clasifications
Steelcase is part of Business Supplies investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Business Supplies industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Business Supplies industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
| Business Supplies | View |
Today, most investors in Steelcase Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Steelcase's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Steelcase growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Steelcase May 11, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Steelcase help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Steelcase. We use our internally-developed statistical techniques to arrive at the intrinsic value of Steelcase based on widely used predictive technical indicators. In general, we focus on analyzing Steelcase Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Steelcase's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.3 | |||
| Information Ratio | 0.0086 | |||
| Maximum Drawdown | 10.88 | |||
| Value At Risk | (4.31) | |||
| Potential Upside | 3.23 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steelcase. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy Steelcase Stock please use our How to Invest in Steelcase guide.Note that the Steelcase information on this page should be used as a complementary analysis to other Steelcase's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Steelcase Stock analysis
When running Steelcase's price analysis, check to measure Steelcase's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Steelcase is operating at the current time. Most of Steelcase's value examination focuses on studying past and present price action to predict the probability of Steelcase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steelcase's price. Additionally, you may evaluate how the addition of Steelcase to your portfolios can decrease your overall portfolio volatility.
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Is Steelcase's industry 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 Steelcase. If investors know Steelcase 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 Steelcase 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 0.371 | Dividend Share 0.4 | Earnings Share 0.68 | Revenue Per Share 27.716 | Quarterly Revenue Growth (0.03) |
The market value of Steelcase is measured differently than its book value, which is the value of Steelcase that is recorded on the company's balance sheet. Investors also form their own opinion of Steelcase's value that differs from its market value or its book value, called intrinsic value, which is Steelcase's 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 Steelcase's market value can be influenced by many factors that don't directly affect Steelcase's 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 Steelcase's value and its price as these two are different measures arrived at by different means. Investors typically determine if Steelcase is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steelcase's 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.