Steelcase Stock Performance
| SCS Stock | USD 12.10 0.32 2.58% |
The entity has a beta of -0.22, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Steelcase are expected to decrease at a much lower rate. During the bear market, Steelcase is likely to outperform the market. Steelcase has an expected return of -0.0632%. Please make sure to validate Steelcase maximum drawdown, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Steelcase performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Steelcase has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable fundamental indicators, Steelcase is not utilizing all of its potentials. The recent stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Actual Historical Performance (%)
One Day Return (2.98) | Five Day Return 1.86 | Year To Date Return (9.26) | Ten Year Return (28.19) | All Time Return (64.17) |
Forward Dividend Yield 0.0322 | Payout Ratio 0.4301 | Last Split Factor 1:5 | Forward Dividend Rate 0.4 | Dividend Date 2024-04-15 |
1 | Steelcase Inc. Position Lessened by Pzena Investment Management LLC | 02/13/2024 |
2 | Disposition of tradable shares by Nicole Mcgrath of Steelcase subject to Rule 16b-3 | 03/08/2024 |
3 | Why Steelcase Stock Is Down Today | 03/21/2024 |
4 | Steelcase Inc. Q4 2024 Earnings Call Transcript | 03/22/2024 |
5 | Steelcases Dividend Will Be 0.10 | 03/25/2024 |
6 | Steelcases Solid Earnings Have Been Accounted For Conservatively | 03/27/2024 |
7 | Steelcase Inc. Stocks On A Decline Are Poor Fundamentals The Cause - Yahoo News Australia | 04/01/2024 |
8 | Is Steelcase Stock Undervalued Right Now - Yahoo Lifestyle Australia | 04/03/2024 |
| Steelcase dividend paid on 15th of April 2024 | 04/15/2024 |
9 | Steelcase Full Year 2024 Earnings EPS Misses Expectations | 04/17/2024 |
10 | UBQ Materials Launches World of UBQ Consumer Marketing Campaign, Empowering Consumers to Push for Sustainability in Top Brands | 04/22/2024 |
| Begin Period Cash Flow | 90.4 M |
Steelcase |
Steelcase Relative Risk vs. Return Landscape
If you would invest 1,278 in Steelcase on January 25, 2024 and sell it today you would lose (68.00) from holding Steelcase or give up 5.32% of portfolio value over 90 days. Steelcase is generating negative expected returns assuming volatility of 2.1172% on return distribution over 90 days investment horizon. In other words, 18% of stocks are less volatile than Steelcase, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Steelcase Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Steelcase's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Steelcase, and traders can use it to determine the average amount a Steelcase's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0299
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SCS |
Estimated Market Risk
| 2.12 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Steelcase is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Steelcase by adding Steelcase to a well-diversified portfolio.
Steelcase Fundamentals Growth
Steelcase Stock prices reflect investors' perceptions of the future prospects and financial health of Steelcase, and Steelcase fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Steelcase Stock performance.
| Return On Equity | 0.0947 | ||||
| Return On Asset | 0.0351 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 1.74 B | ||||
| Shares Outstanding | 94.46 M | ||||
| Price To Earning | 38.64 X | ||||
| Price To Book | 1.58 X | ||||
| Price To Sales | 0.44 X | ||||
| Revenue | 3.16 B | ||||
| Gross Profit | 921.9 M | ||||
| EBITDA | 219.6 M | ||||
| Net Income | 78 M | ||||
| Cash And Equivalents | 90.4 M | ||||
| Cash Per Share | 0.46 X | ||||
| Total Debt | 630 M | ||||
| Debt To Equity | 0.97 % | ||||
| Current Ratio | 1.31 X | ||||
| Book Value Per Share | 7.77 X | ||||
| Cash Flow From Operations | 308.7 M | ||||
| Earnings Per Share | 0.68 X | ||||
| Market Capitalization | 1.42 B | ||||
| Total Asset | 2.24 B | ||||
| Retained Earnings | 912.8 M | ||||
| Working Capital | 352.3 M | ||||
| Current Asset | 823.9 M | ||||
| Current Liabilities | 557.5 M | ||||
About Steelcase Performance
To evaluate Steelcase Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Steelcase generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Steelcase Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Steelcase market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Steelcase's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 39.29 | 23.33 | |
| Return On Tangible Assets | 0.04 | 0.07 | |
| Return On Capital Employed | 0.08 | 0.14 | |
| Return On Assets | 0.04 | 0.06 | |
| Return On Equity | 0.09 | 0.15 |
Things to note about Steelcase performance evaluation
Checking the ongoing alerts about Steelcase for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Steelcase help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Steelcase generated a negative expected return over the last 90 days | |
| Steelcase has a strong financial position based on the latest SEC filings | |
| Over 94.0% of the company shares are owned by institutional investors | |
| On 15th of April 2024 Steelcase paid $ 0.1 per share dividend to its current shareholders | |
| Latest headline from benzinga.com: UBQ Materials Launches World of UBQ Consumer Marketing Campaign, Empowering Consumers to Push for Sustainability in Top Brands |
- Analyzing Steelcase's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Steelcase's stock is overvalued or undervalued compared to its peers.
- Examining Steelcase's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Steelcase's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Steelcase's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Steelcase's stock. These opinions can provide insight into Steelcase's potential for growth and whether the stock is currently undervalued or overvalued.
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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |
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.