Ratios

		vs industry	vs history
P/E(ttm)	46.90	SCS's P/E(ttm) is ranked higher than 71% of the 1074 Companies in the Global Business Equipment industry. ( Industry Median: 18.99 vs. SCS: 46.90 )	SCS' s 10-Year P/E(ttm) Range Min: 7.2   Max: 160.56 Current: 46.9 7.2 160.56
P/B	2.56	SCS's P/B is ranked lower than 67% of the 1074 Companies in the Global Business Equipment industry. ( Industry Median: 1.48 vs. SCS: 2.56 )	SCS' s 10-Year P/B Range Min: 0.68   Max: 2.97 Current: 2.56 0.68 2.97
P/S	0.61	SCS's P/S is ranked higher than 59% of the 1074 Companies in the Global Business Equipment industry. ( Industry Median: 0.75 vs. SCS: 0.61 )	SCS' s 10-Year P/S Range Min: 0.16   Max: 1 Current: 0.61 0.16 1
PFCF	14.99	SCS's PFCF is ranked higher than 62% of the 1074 Companies in the Global Business Equipment industry. ( Industry Median: 15.61 vs. SCS: 14.99 )	SCS' s 10-Year PFCF Range Min: 5.77   Max: 838 Current: 14.99 5.77 838
EV-to-EBIT	28.81	SCS's EV-to-EBIT is ranked higher than 54% of the 1074 Companies in the Global Business Equipment industry. ( Industry Median: 12.70 vs. SCS: 28.81 )	SCS' s 10-Year EV-to-EBIT Range Min: 4.3   Max: 780.5 Current: 28.81 4.3 780.5
PEG	2.76	SCS's PEG is ranked lower than 72% of the 1074 Companies in the Global Business Equipment industry. ( Industry Median: 1.80 vs. SCS: 2.76 )	SCS' s 10-Year PEG Range Min: 0.23   Max: 9.64 Current: 2.76 0.23 9.64
Shiller P/E	39.95	SCS's Shiller P/E is ranked higher than 85% of the 1074 Companies in the Global Business Equipment industry. ( Industry Median: 16.60 vs. SCS: 39.95 )	SCS' s 10-Year Shiller P/E Range Min: 12.97   Max: 1698 Current: 39.95 12.97 1698

Dividend & Buy Back

		vs industry	vs history
Dividend Yield	2.71	SCS's Dividend Yield is ranked higher than 82% of the 1074 Companies in the Global Business Equipment industry. ( Industry Median: 1.85 vs. SCS: 2.71 )	SCS' s 10-Year Dividend Yield Range Min: 1.37   Max: 13.89 Current: 2.71 1.37 13.89
Dividend Payout	1.1	SCS's Dividend Payout is ranked higher than 81% of the 1074 Companies in the Global Business Equipment industry. ( Industry Median: 0.66 vs. SCS: 1.1 )	SCS' s 10-Year Dividend Payout Range Min: 0.29   Max: 39 Current: 1.1 0.29 39
Dividend growth (3y)	15.8	SCS's Dividend growth (3y) is ranked higher than 89% of the 1074 Companies in the Global Business Equipment industry. ( Industry Median: -0.20 vs. SCS: 15.8 )	SCS' s 10-Year Dividend growth (3y) Range Min: -28.1   Max: 25.7 Current: 15.8 -28.1 25.7
Yield on cost (5-Year)	2.09	SCS's Yield on cost (5-Year) is ranked lower than 59% of the 1074 Companies in the Global Business Equipment industry. ( Industry Median: 1.88 vs. SCS: 2.09 )	SCS' s 10-Year Yield on cost (5-Year) Range Min: 1.02   Max: 10.36 Current: 2.09 1.02 10.36
Share Buyback Rate	1.1	SCS's Share Buyback Rate is ranked higher than 91% of the 1074 Companies in the Global Business Equipment industry. ( Industry Median: -0.90 vs. SCS: 1.1 )	SCS' s 10-Year Share Buyback Rate Range Min: 10.2   Max: -9 Current: 1.1

Valuation & Return

		vs industry	vs history
Price/Net Current Asset Value	6.2	SCS's Price/Net Current Asset Value is ranked higher than 81% of the 1074 Companies in the Global Business Equipment industry. ( Industry Median: 4.80 vs. SCS: 6.2 )	SCS' s 10-Year Price/Net Current Asset Value Range Min: 2   Max: 8.8 Current: 6.2 2 8.8
Price/Tangible Book	3.2	SCS's Price/Tangible Book is ranked higher than 87% of the 1074 Companies in the Global Business Equipment industry. ( Industry Median: 2.00 vs. SCS: 3.2 )	SCS' s 10-Year Price/Tangible Book Range Min: 1   Max: 3.4 Current: 3.2 1 3.4
Price/DCF (Projected)	1.5	SCS's Price/DCF (Projected) is ranked lower than 72% of the 1074 Companies in the Global Business Equipment industry. ( Industry Median: 1.10 vs. SCS: 1.5 )	SCS' s 10-Year Price/DCF (Projected) Range Min: 0.3   Max: 1.8 Current: 1.5 0.3 1.8
Price/Median PS Value	0.9	SCS's Price/Median PS Value is ranked higher than 82% of the 1074 Companies in the Global Business Equipment industry. ( Industry Median: 0.80 vs. SCS: 0.9 )	SCS' s 10-Year Price/Median PS Value Range Min: 0.3   Max: 1.6 Current: 0.9 0.3 1.6
Price/Graham Number	2.6	SCS's Price/Graham Number is ranked higher than 82% of the 1074 Companies in the Global Business Equipment industry. ( Industry Median: 1.50 vs. SCS: 2.6 )	SCS' s 10-Year Price/Graham Number Range Min: 0.9   Max: 10 Current: 2.6 0.9 10
Earnings Yield (Greenblatt)	3.50	SCS's Earnings Yield (Greenblatt) is ranked lower than 74% of the 1074 Companies in the Global Business Equipment industry. ( Industry Median: 7.10 vs. SCS: 3.50 )	SCS' s 10-Year Earnings Yield (Greenblatt) Range Min: 0.1   Max: 23.5 Current: 3.5 0.1 23.5
Forward Rate of Return (Yacktman)	2.63	SCS's Forward Rate of Return (Yacktman) is ranked lower than 75% of the 1074 Companies in the Global Business Equipment industry. ( Industry Median: 4.32 vs. SCS: 2.63 )	SCS' s 10-Year Forward Rate of Return (Yacktman) Range Min: -28.4   Max: 50.7 Current: 2.63 -28.4 50.7

Business Description

Steelcase Inc. is a Michigan corporation, which was founded in 1912. The Company is engaged in in furnishing the work experience in office environments. Its growth strategy is to leverage its deep understanding of the patterns of work, workers and workplaces to help its existing customers migrate to new ways of working and to grow its business into new customer markets and new geographies. The Company designs for a wide variety of customer needs through its three core brands: Steelcase, Turnstone and Coalesse. Its primary focus is on creativity-based work and workers, meaning any worker doing critical thinking and seeking smart solutions, rather than following a routine process, and it seeks to help these people become more productive, engaged and inspired. The Company operates on a worldwide basis within its Americas and EMEA reportable segments plus an "Other" category. Its Americas segment serves customers in the United States ("U.S."), Canada and Latin America. The Company's portfolio of integrated architecture, furniture and technology products is marketed to corporate, government, healthcare, education and retail customers through the Steelcase, Details, Coalesse, Nurture by Steelcase and Turnstone brands. The Company serves Americas customers mainly through approximately 250 independent and company-owned dealers and it also sells directly to end-use customers. The Company's end-use customers are distributed across a broad range of industries and vertical markets including healthcare, government, financial services, higher education and technology, but no industry or vertical market individually represented more than 14% of the Americas segment revenue in 2012. The Company's EMEA segment serves customers in Europe, the Middle East and Africa primarily under the Steelcase brand, with an emphasis on freestanding furniture systems, storage and seating solutions. Its largest presence is in Western Europe, where it has the leading market share in Germany, France and Spain. The Company serves EMEA customers through approximately 400 independent and company-owned dealers. In certain geographic markets, the Company sells directly to end-use customers. No single independent dealer in the EMEA segment accounted for more than 3% of the segment's revenue in 2012. The five largest independent dealers collectively accounted for approximately 9% of the segment's revenue in 2012. The Other category includes Asia Pacific, PolyVision and Designtex. The Company markets its products and services mainly through a highly networked group of independent and company-owned dealers. Its competitors in the U.S. are Haworth, Inc., Herman Miller, Inc., HNI Corporation, Kimball International Inc. and Knoll, Inc. Together with Steelcase, domestic revenue from these companies represents approximately one-half of the U.S. office furniture industry.
Company Website
SEC Reports

Industry:	Business Equipment
Compare:	CAJ, XRX, RICOY, KNCAY, BRTHY
Traded in other countries:	GJB.Germany

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