STEELCASE INC-CL A (SCS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SCS - US8581552036 - Common Stock
16.12 USD
+0.37 (+2.35%)
16.0528 USD
-0.07 (-0.42%)
Overall SCS gets a fundamental rating of 5 out of 10. We evaluated SCS against 82 industry peers in the Commercial Services & Supplies industry. SCS has an average financial health and profitability rating. SCS has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year SCS was profitable.
SCS had a positive operating cash flow in the past year.
Each year in the past 5 years SCS has been profitable.
Of the past 5 years SCS 4 years had a positive operating cash flow.
1.2 Ratios
SCS has a Return On Assets of 3.92%. This is in the better half of the industry: SCS outperforms 65.85% of its industry peers.
SCS has a Return On Equity of 9.07%. This is in the better half of the industry: SCS outperforms 65.85% of its industry peers.
SCS has a Return On Invested Capital of 7.24%. This is in the better half of the industry: SCS outperforms 63.41% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SCS is below the industry average of 10.48%.
The 3 year average ROIC (6.65%) for SCS is below the current ROIC(7.24%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.92% | ||
| ROE | 9.07% | ||
| ROIC | 7.24% |
ROA(3y)3.35%
ROA(5y)2.26%
ROE(3y)8.39%
ROE(5y)5.66%
ROIC(3y)6.65%
ROIC(5y)4.99%
1.3 Margins
With a Profit Margin value of 2.83%, SCS perfoms like the industry average, outperforming 57.32% of the companies in the same industry.
In the last couple of years the Profit Margin of SCS has declined.
Looking at the Operating Margin, with a value of 4.68%, SCS is in line with its industry, outperforming 48.78% of the companies in the same industry.
In the last couple of years the Operating Margin of SCS has declined.
SCS has a Gross Margin of 33.60%. This is comparable to the rest of the industry: SCS outperforms 53.66% of its industry peers.
In the last couple of years the Gross Margin of SCS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.68% | ||
| PM (TTM) | 2.83% | ||
| GM | 33.6% |
OM growth 3Y94.51%
OM growth 5Y-5.06%
PM growth 3Y197.03%
PM growth 5Y-6.86%
GM growth 3Y6.72%
GM growth 5Y0.45%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SCS is destroying value.
SCS has less shares outstanding than it did 1 year ago.
The number of shares outstanding for SCS has been reduced compared to 5 years ago.
Compared to 1 year ago, SCS has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.22 indicates that SCS is not in any danger for bankruptcy at the moment.
SCS's Altman-Z score of 3.22 is fine compared to the rest of the industry. SCS outperforms 68.29% of its industry peers.
A Debt/Equity ratio of 0.44 indicates that SCS is not too dependend on debt financing.
SCS has a Debt to Equity ratio (0.44) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.22 |
ROIC/WACC0.92
WACC7.84%
2.3 Liquidity
SCS has a Current Ratio of 1.66. This is a normal value and indicates that SCS is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.66, SCS is doing good in the industry, outperforming 60.98% of the companies in the same industry.
A Quick Ratio of 1.18 indicates that SCS should not have too much problems paying its short term obligations.
SCS has a Quick ratio (1.18) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.66 | ||
| Quick Ratio | 1.18 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.04% over the past year.
SCS shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.84% yearly.
The Revenue has been growing slightly by 3.92% in the past year.
SCS shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.19% yearly.
EPS 1Y (TTM)12.04%
EPS 3Y233.22%
EPS 5Y-5.84%
EPS Q2Q%15.38%
Revenue 1Y (TTM)3.92%
Revenue growth 3Y4.52%
Revenue growth 5Y-3.19%
Sales Q2Q%4.83%
3.2 Future
SCS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.07% yearly.
SCS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.54% yearly.
EPS Next Y2.36%
EPS Next 2Y7.07%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.26%
Revenue Next 2Y3.54%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 13.32, the valuation of SCS can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of SCS indicates a rather cheap valuation: SCS is cheaper than 81.71% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of SCS to the average of the S&P500 Index (25.45), we can say SCS is valued slightly cheaper.
A Price/Forward Earnings ratio of 12.67 indicates a correct valuation of SCS.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SCS indicates a rather cheap valuation: SCS is cheaper than 80.49% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.46. SCS is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.32 | ||
| Fwd PE | 12.67 |
4.2 Price Multiples
SCS's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. SCS is cheaper than 73.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.5 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SCS does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)5.63
PEG (5Y)N/A
EPS Next 2Y7.07%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.54%, SCS has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.55, SCS pays a better dividend. On top of this SCS pays more dividend than 86.59% of the companies listed in the same industry.
SCS's Dividend Yield is comparable with the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.54% |
5.2 History
The dividend of SCS decreases each year by -6.70%.
SCS has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of SCS decreased recently.
Dividend Growth(5Y)-6.7%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
SCS pays out 51.74% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP51.74%
EPS Next 2Y7.07%
EPS Next 3YN/A
16.12
+0.37 (+2.35%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners82.56%
Inst Owner Change19.21%
Ins Owners3.67%
Ins Owner Change35.51%
Market Cap1.85B
Revenue(TTM)3.26B
Net Income(TTM)92.20M
Analysts76.67
Price Target17.16 (6.45%)
Short Float %2.44%
Short Ratio1.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.54% |
Yearly Dividend0.42
Dividend Growth(5Y)-6.7%
DP51.74%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)34.37%
Min EPS beat(2)22.07%
Max EPS beat(2)46.68%
EPS beat(4)4
Avg EPS beat(4)32.33%
Min EPS beat(4)22.07%
Max EPS beat(4)46.68%
EPS beat(8)8
Avg EPS beat(8)29.15%
EPS beat(12)12
Avg EPS beat(12)81.87%
EPS beat(16)14
Avg EPS beat(16)31.96%
Revenue beat(2)2
Avg Revenue beat(2)1.41%
Min Revenue beat(2)1.16%
Max Revenue beat(2)1.66%
Revenue beat(4)2
Avg Revenue beat(4)0.24%
Min Revenue beat(4)-1.69%
Max Revenue beat(4)1.66%
Revenue beat(8)2
Avg Revenue beat(8)-0.89%
Revenue beat(12)5
Avg Revenue beat(12)0.18%
Revenue beat(16)6
Avg Revenue beat(16)-0.04%
PT rev (1m)3.54%
PT rev (3m)3.54%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.06%
EPS NY rev (1m)5.14%
EPS NY rev (3m)5.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.43%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.32 | ||
| Fwd PE | 12.67 | ||
| P/S | 0.57 | ||
| P/FCF | N/A | ||
| P/OCF | 106.91 | ||
| P/B | 1.82 | ||
| P/tB | 2.76 | ||
| EV/EBITDA | 8.5 |
EPS(TTM)1.21
EY7.51%
EPS(NY)1.27
Fwd EY7.89%
FCF(TTM)-0.33
FCFYN/A
OCF(TTM)0.15
OCFY0.94%
SpS28.4
BVpS8.86
TBVpS5.84
PEG (NY)5.63
PEG (5Y)N/A
Graham Number15.53
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.92% | ||
| ROE | 9.07% | ||
| ROCE | 8.74% | ||
| ROIC | 7.24% | ||
| ROICexc | 8.49% | ||
| ROICexgc | 11.08% | ||
| OM | 4.68% | ||
| PM (TTM) | 2.83% | ||
| GM | 33.6% | ||
| FCFM | N/A |
ROA(3y)3.35%
ROA(5y)2.26%
ROE(3y)8.39%
ROE(5y)5.66%
ROIC(3y)6.65%
ROIC(5y)4.99%
ROICexc(3y)8.17%
ROICexc(5y)6.22%
ROICexgc(3y)11.25%
ROICexgc(5y)8.46%
ROCE(3y)8.02%
ROCE(5y)6.02%
ROICexgc growth 3Y119.71%
ROICexgc growth 5Y-6.65%
ROICexc growth 3Y114.39%
ROICexc growth 5Y-7.23%
OM growth 3Y94.51%
OM growth 5Y-5.06%
PM growth 3Y197.03%
PM growth 5Y-6.86%
GM growth 3Y6.72%
GM growth 5Y0.45%
F-Score7
Asset Turnover1.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.95 | ||
| Cap/Depr | 70.45% | ||
| Cap/Sales | 1.68% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 7.52% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.66 | ||
| Quick Ratio | 1.18 | ||
| Altman-Z | 3.22 |
F-Score7
WACC7.84%
ROIC/WACC0.92
Cap/Depr(3y)60.1%
Cap/Depr(5y)60.3%
Cap/Sales(3y)1.6%
Cap/Sales(5y)1.72%
Profit Quality(3y)170.46%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.04%
EPS 3Y233.22%
EPS 5Y-5.84%
EPS Q2Q%15.38%
EPS Next Y2.36%
EPS Next 2Y7.07%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.92%
Revenue growth 3Y4.52%
Revenue growth 5Y-3.19%
Sales Q2Q%4.83%
Revenue Next Year4.26%
Revenue Next 2Y3.54%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-20.61%
EBIT growth 3Y103.3%
EBIT growth 5Y-8.09%
EBIT Next Year51.82%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-115.51%
FCF growth 3YN/A
FCF growth 5Y-18.81%
OCF growth 1Y-94.14%
OCF growth 3YN/A
OCF growth 5Y-16.27%
STEELCASE INC-CL A / SCS FAQ
What is the ChartMill fundamental rating of STEELCASE INC-CL A (SCS) stock?
ChartMill assigns a fundamental rating of 5 / 10 to SCS.
What is the valuation status for SCS stock?
ChartMill assigns a valuation rating of 4 / 10 to STEELCASE INC-CL A (SCS). This can be considered as Fairly Valued.
How profitable is STEELCASE INC-CL A (SCS) stock?
STEELCASE INC-CL A (SCS) has a profitability rating of 5 / 10.
How financially healthy is STEELCASE INC-CL A?
The financial health rating of STEELCASE INC-CL A (SCS) is 5 / 10.
Can you provide the dividend sustainability for SCS stock?
The dividend rating of STEELCASE INC-CL A (SCS) is 4 / 10 and the dividend payout ratio is 51.74%.