Steel Dynamics Inc (STLD) Files 10-K for the Fiscal Year Ended on December 31, 2019

Author's Avatar
Feb 28, 2020
Article's Main Image

Steel Dynamics Inc (STLD, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Steel Dynamics Inc is a steel producers and metal recycler in the United States. The company produces steel sheet products, long products and steel finishing products. It also operates metals recycling and steel fabrication business. Steel Dynamics Inc has a market cap of $5.65 billion; its shares were traded at around $26.22 with a P/E ratio of 8.67 and P/S ratio of 0.59. The dividend yield of Steel Dynamics Inc stocks is 3.65%. Steel Dynamics Inc had annual average EBITDA growth of 12.00% over the past ten years. GuruFocus rated Steel Dynamics Inc the business predictability rank of 2-star.

For the last quarter Steel Dynamics Inc reported a revenue of $2.4 billion, compared with the revenue of $2.9 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $10.5 billion, a decrease of 11.3% from the previous year. For the complete 30-year financial data, please go here.. For the last five years Steel Dynamics Inc had an average revenue growth rate of 7.2% a year.

The reported diluted earnings per share was $3.04 for the year, a decline of 43.2% from the previous year. The Steel Dynamics Inc had an operating margin of 9.41%, compared with the operating margin of 14.57% a year before. The 10-year historical median operating margin of Steel Dynamics Inc is 6.97%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Steel Dynamics Inc has the cash and cash equivalents of $1.4 billion, compared with $828.2 million in the previous year. The long term debt was $2.6 billion, compared with $2.4 billion in the previous year. The interest coverage to the debt is 7.8. Steel Dynamics Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $26.22, Steel Dynamics Inc is traded at close to its historical median P/S valuation band of $28.48. The P/S ratio of the stock is 0.59, while the historical median P/S ratio is 0.60. The intrinsic value of the stock is $32.43 a share, according to GuruFocus DCF Calculator. The stock lost 26.61% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Kenneth W. Cornew bought 6,000 shares of STLD stock on 02/13/2020 at the average price of $29.3. The price of the stock has decreased by 10.51% since.

For the complete 20-year historical financial data of STLD, click here.