Steelcase Inc (SCS) Fundamental Analysis & Valuation

NYSE:SCS • US8581552036

16.14 USD
+0.02 (+0.12%)
At close: Dec 9, 2025
16.1596 USD
+0.02 (+0.12%)
After Hours: 12/9/2025, 8:04:00 PM

This SCS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to SCS. SCS was compared to 81 industry peers in the Commercial Services & Supplies industry. SCS has only an average score on both its financial health and profitability. SCS is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

5

1. SCS Profitability Analysis

1.1 Basic Checks

  • SCS had positive earnings in the past year.
  • 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.
SCS Yearly Net Income VS EBIT VS OCF VS FCFSCS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M 200M 300M

1.2 Ratios

  • The Return On Assets of SCS (3.92%) is better than 69.14% of its industry peers.
  • The Return On Equity of SCS (9.07%) is better than 69.14% of its industry peers.
  • The Return On Invested Capital of SCS (7.24%) is better than 65.43% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for SCS is below the industry average of 10.53%.
  • The 3 year average ROIC (6.65%) for SCS is below the current ROIC(7.24%), indicating increased profibility in the last year.
Industry RankSector 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%
SCS Yearly ROA, ROE, ROICSCS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

1.3 Margins

  • The Profit Margin of SCS (2.83%) is better than 60.49% of its industry peers.
  • 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 51.85% of the companies in the same industry.
  • SCS's Operating Margin has declined in the last couple of years.
  • With a Gross Margin value of 33.60%, SCS perfoms like the industry average, outperforming 54.32% of the companies in the same industry.
  • SCS's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
SCS Yearly Profit, Operating, Gross MarginsSCS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

5

2. SCS Health Analysis

2.1 Basic Checks

  • SCS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, SCS has less shares outstanding
  • 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.
SCS Yearly Shares OutstandingSCS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
SCS Yearly Total Debt VS Total AssetsSCS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

2.2 Solvency

  • SCS has an Altman-Z score of 3.24. This indicates that SCS is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of SCS (3.24) is better than 67.90% 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 of 0.44. This is comparable to the rest of the industry: SCS outperforms 54.32% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.44
Debt/FCF N/A
Altman-Z 3.24
ROIC/WACC0.89
WACC8.09%
SCS Yearly LT Debt VS Equity VS FCFSCS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M 800M

2.3 Liquidity

  • A Current Ratio of 1.66 indicates that SCS should not have too much problems paying its short term obligations.
  • With a decent Current ratio value of 1.66, SCS is doing good in the industry, outperforming 60.49% 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 of 1.18. This is comparable to the rest of the industry: SCS outperforms 43.21% of its industry peers.
Industry RankSector Rank
Current Ratio 1.66
Quick Ratio 1.18
SCS Yearly Current Assets VS Current LiabilitesSCS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

4

3. SCS Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 12.04% over the past year.
  • Measured over the past years, SCS shows a decrease in Earnings Per Share. The EPS has been decreasing by -5.84% on average per year.
  • The Revenue has been growing slightly by 3.92% in the past year.
  • The Revenue has been decreasing by -3.19% on average over the past years.
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

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • 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.
SCS Yearly Revenue VS EstimatesSCS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1B 2B 3B
SCS Yearly EPS VS EstimatesSCS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0.5 1

4

4. SCS Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 13.34, SCS is valued correctly.
  • Based on the Price/Earnings ratio, SCS is valued cheaper than 81.48% of the companies in the same industry.
  • SCS is valuated rather cheaply when we compare the Price/Earnings ratio to 26.29, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 12.68, the valuation of SCS can be described as correct.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of SCS indicates a rather cheap valuation: SCS is cheaper than 82.72% of the companies listed in the same industry.
  • SCS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.57.
Industry RankSector Rank
PE 13.34
Fwd PE 12.68
SCS Price Earnings VS Forward Price EarningsSCS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, SCS is valued a bit cheaper than the industry average as 74.07% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 8.7
SCS Per share dataSCS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20 25

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)5.64
PEG (5Y)N/A
EPS Next 2Y7.07%
EPS Next 3YN/A

5

5. SCS Dividend Analysis

5.1 Amount

  • SCS has a Yearly Dividend Yield of 2.48%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 0.78, SCS pays a better dividend. On top of this SCS pays more dividend than 86.42% of the companies listed in the same industry.
  • SCS's Dividend Yield is a higher than the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 2.48%

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.
  • SCS has decreased its dividend recently.
Dividend Growth(5Y)-6.7%
Div Incr Years1
Div Non Decr Years1
SCS Yearly Dividends per shareSCS Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.1 0.2 0.3 0.4 0.5

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
SCS Yearly Income VS Free CF VS DividendSCS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M 200M
SCS Dividend Payout.SCS Dividend Payout, showing the Payout Ratio.SCS Dividend Payout.PayoutRetained Earnings

SCS Fundamentals: All Metrics, Ratios and Statistics

Steelcase Inc

NYSE:SCS (12/9/2025, 8:04:00 PM)

After market: 16.1596 +0.02 (+0.12%)

16.14

+0.02 (+0.12%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)12-17
Earnings (Next)03-24
Inst Owners89.81%
Inst Owner Change-89.32%
Ins Owners3.66%
Ins Owner Change-145.01%
Market Cap1.85B
Revenue(TTM)3.26B
Net Income(TTM)92.20M
Analysts76.67
Price Target17.16 (6.32%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.48%
Yearly Dividend0.42
Dividend Growth(5Y)-6.7%
DP51.74%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
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)0%
PT rev (3m)3.54%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.06%
EPS NY rev (1m)0%
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 RankSector Rank
PE 13.34
Fwd PE 12.68
P/S 0.57
P/FCF N/A
P/OCF 107.14
P/B 1.82
P/tB 2.77
EV/EBITDA 8.7
EPS(TTM)1.21
EY7.5%
EPS(NY)1.27
Fwd EY7.88%
FCF(TTM)-0.32
FCFYN/A
OCF(TTM)0.15
OCFY0.93%
SpS28.38
BVpS8.85
TBVpS5.83
PEG (NY)5.64
PEG (5Y)N/A
Graham Number15.52
Profitability
Industry RankSector 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 RankSector 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 3.24
F-Score7
WACC8.09%
ROIC/WACC0.89
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 Year59.62%
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 / SCS FAQ

What is the ChartMill fundamental rating of Steelcase Inc (SCS) stock?

ChartMill assigns a fundamental rating of 5 / 10 to SCS.


Can you provide the valuation status for Steelcase Inc?

ChartMill assigns a valuation rating of 4 / 10 to Steelcase Inc (SCS). This can be considered as Fairly Valued.


How profitable is Steelcase Inc (SCS) stock?

Steelcase Inc (SCS) has a profitability rating of 5 / 10.


What are the PE and PB ratios of Steelcase Inc (SCS) stock?

The Price/Earnings (PE) ratio for Steelcase Inc (SCS) is 13.34 and the Price/Book (PB) ratio is 1.82.


What is the earnings growth outlook for Steelcase Inc?

The Earnings per Share (EPS) of Steelcase Inc (SCS) is expected to grow by 2.36% in the next year.