Schnitzer Steel Industries, Inc. - (SCHN) Company Bio
Schnitzer Steel recycles used and salvaged vehicles and is a manufacturer of finished steel products. The Company operates in three business segments: the Metals Recycling Business, the Auto Parts Business , and the Steel Manufacturing Business. The company was founded in 1906 and is based in Portland, Oregon.
SCHN Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for SCHN, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Schnitzer Steel Industries Inc ranked in the 21th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 68.17%. As for the metrics that stood out in our discounted cash flow analysis of Schnitzer Steel Industries Inc, consider:
The company's compound free cash flow growth rate over the past 5.79 years comes in at -0.07%; that's greater than merely 17.05% of US stocks we're applying DCF forecasting to.
Schnitzer Steel Industries Inc's weighted average cost of capital (WACC) is 11%; for context, that number is higher than 73.3% of tickers in our DCF set.
As a business, Schnitzer Steel Industries Inc experienced a tax rate of about 3% over the past twelve months; relative to its sector (Basic Materials), this tax rate is higher than merely 22.37% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Basic Materials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as SCHN, try AEHL, IPI, MAS, OR, and ACH.
Schnitzer Steel (SCHN) declares $0.1875/share quarterly dividend, in line with previous.Forward yield 4.07%Payable Aug. 24; for shareholders of record Aug. 10; ex-div Aug. 7.See SCHN Dividend Scorecard, Yield Chart, & Dividend Growth....
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