Steelcase Statistics
Total Valuation
Steelcase has a market cap or net worth of $1.55 billion. The enterprise value is $1.95 billion.
| Market Cap | 1.55B |
| Enterprise Value | 1.95B |
Important Dates
The last earnings date was Thursday, June 20, 2024, before market open.
| Earnings Date | Jun 20, 2024 |
| Ex-Dividend Date | Jul 3, 2024 |
Share Statistics
Steelcase has 114.13 million shares outstanding. The number of shares has increased by 0.68% in one year.
| Shares Outstanding | 114.13M |
| Shares Change (YoY) | +0.68% |
| Shares Change (QoQ) | +0.44% |
| Owned by Insiders (%) | 13.72% |
| Owned by Institutions (%) | 97.43% |
| Float | 84.10M |
Valuation Ratios
The trailing PE ratio is 17.82 and the forward PE ratio is 14.04. Steelcase's PEG ratio is 1.32.
| PE Ratio | 17.82 |
| Forward PE | 14.04 |
| PS Ratio | 0.49 |
| Forward PS | 0.47 |
| PB Ratio | 1.77 |
| P/FCF Ratio | 6.43 |
| PEG Ratio | 1.32 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.57, with an EV/FCF ratio of 8.11.
| EV / Earnings | 21.52 |
| EV / Sales | 0.62 |
| EV / EBITDA | 8.57 |
| EV / EBIT | 13.54 |
| EV / FCF | 8.11 |
Financial Position
The company has a current ratio of 1.61, with a Debt / Equity ratio of 0.70.
| Current Ratio | 1.61 |
| Quick Ratio | 1.00 |
| Debt / Equity | 0.70 |
| Debt / EBITDA | 2.69 |
| Debt / FCF | 2.54 |
| Interest Coverage | 5.64 |
Financial Efficiency
Return on equity (ROE) is 10.40% and return on invested capital (ROIC) is 6.60%.
| Return on Equity (ROE) | 10.40% |
| Return on Assets (ROA) | 4.10% |
| Return on Capital (ROIC) | 6.60% |
| Revenue Per Employee | $275,000 |
| Profits Per Employee | $7,939 |
| Employee Count | 11,400 |
| Asset Turnover | 1.42 |
| Inventory Turnover | 7.65 |
Taxes
In the past 12 months, Steelcase has paid $27.80 million in taxes.
| Income Tax | 27.80M |
| Effective Tax Rate | 23.50% |
Stock Price Statistics
The stock price has increased by +69.46% in the last 52 weeks. The beta is 1.33, so Steelcase's price volatility has been higher than the market average.
| Beta (5Y) | 1.33 |
| 52-Week Price Change | +69.46% |
| 50-Day Moving Average | 13.08 |
| 200-Day Moving Average | 12.54 |
| Relative Strength Index (RSI) | 56.67 |
| Average Volume (20 Days) | 825,967 |
Short Selling Information
The latest short interest is 2.67 million, so 2.34% of the outstanding shares have been sold short.
| Short Interest | 2.67M |
| Short Previous Month | 2.15M |
| Short % of Shares Out | 2.34% |
| Short % of Float | 3.17% |
| Short Ratio (days to cover) | 3.15 |
Income Statement
In the last 12 months, Steelcase had revenue of $3.14 billion and earned $90.50 million in profits. Earnings per share was $0.76.
| Revenue | 3.14B |
| Gross Profit | 1.01B |
| Operating Income | 128.10M |
| Pretax Income | 118.30M |
| Net Income | 90.50M |
| EBITDA | 227.20M |
| EBIT | 143.80M |
| Earnings Per Share (EPS) | $0.76 |
Balance Sheet
The company has $208.90 million in cash and $611.00 million in debt, giving a net cash position of -$402.10 million or -$3.52 per share.
| Cash & Cash Equivalents | 208.90M |
| Total Debt | 611.00M |
| Net Cash | -402.10M |
| Net Cash Per Share | -$3.52 |
| Equity (Book Value) | 873.10M |
| Book Value Per Share | 7.65 |
| Working Capital | 327.10M |
Cash Flow
In the last 12 months, operating cash flow was $238.30 million and capital expenditures $1.90 million, giving a free cash flow of $240.20 million.
| Operating Cash Flow | 238.30M |
| Capital Expenditures | 1.90M |
| Free Cash Flow | 240.20M |
| FCF Per Share | $2.09 |
Margins
Gross margin is 32.29%, with operating and profit margins of 4.09% and 2.89%.
| Gross Margin | 32.29% |
| Operating Margin | 4.09% |
| Pretax Margin | 3.77% |
| Profit Margin | 2.89% |
| EBITDA Margin | 7.25% |
| EBIT Margin | 4.59% |
| FCF Margin | 7.66% |
Dividends & Yields
This stock pays an annual dividend of $0.40, which amounts to a dividend yield of 2.95%.
| Dividend Per Share | $0.40 |
| Dividend Yield | 2.95% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 52.63% |
| Buyback Yield | -0.68% |
| Shareholder Yield | 2.27% |
| Earnings Yield | 5.86% |
| FCF Yield | 15.54% |
Analyst Forecast
The average price target for Steelcase is $18.00, which is 32.94% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $18.00 |
| Price Target Difference | 32.94% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 1 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on August 11, 2006. It was a reverse split with a ratio of 1:5.
| Last Split Date | Aug 11, 2006 |
| Split Type | Reverse |
| Split Ratio | 1:5 |
Scores
Steelcase has an Altman Z-Score of 3.22 and a Piotroski F-Score of 7.
| Altman Z-Score | 3.22 |
| Piotroski F-Score | 7 |