SSAB AB (publ)SSAAY 73 Net Margin % is 6.32% as of Mar. 2026, which is 54% above its 10-year median of 4.11. GuruFocus rates SSAAY with a GF Score™ of 73/100 and a GF Value™ of $2.96 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 616 Steel companies, SSAB AB (publ) ranks better than 74.84% on this metric.
Net margin is calculated as Net Income divided by its Revenue. SSAB AB (publ)'s Net Income for the
three
months ended in Mar. 2026 was $172 Mil. SSAB AB (publ)'s Revenue for the
three
months ended in Mar. 2026 was $2,719 Mil. Therefore, SSAB AB (publ)'s net margin for the quarter that ended in Mar. 2026 was 6.32%.
The historical rank and industry rank for SSAB AB (publ)'s Net Margin % or its related term are showing as below:
SSAAY'
s Net Margin % Range Over the Past 10 Years
Min: -8.71 Med: 4.11 Max: 15.74
Current: 5.6
SSAAY's Net Margin % is ranked better than 74.84% of 616
companies
in the Steel industry
Industry Median: 1.86
vs SSAAY: 5.60
SSAB AB (publ) (OTCPK:SSAAY) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
SSAB AB (publ) Net Margin % Related Terms
SSAB AB (publ) Net Margin % Historical Data
* Premium members only.
The historical data trend for SSAB AB (publ)'s Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Steel subindustry, SSAB AB (publ)'s Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
SSAB AB (publ) Net Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, SSAB AB (publ)'s Net Margin % distribution charts can be found below:
* The bar in red indicates where SSAB AB (publ)'s Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SSAB AB (publ) (SSAAY) has a Net Margin % of 6.32% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on SSAB AB (publ) and its competitors. This is 54% above median its historical median of 4.11. According to the industry distribution chart, SSAB AB (publ) ranks #155 out of 616 companies in the Steel industry, placing it in the top 25.2%.
Is SSAB AB (publ)'s Net Margin % too high?
SSAB AB (publ)'s current Net Margin % of 6.32% is 54% above median its 10-year median of 4.11. The Steel industry median Net Margin % is 1.86. SSAB AB (publ)'s value of 6.32% is 239.8% above this industry median. Based on the distribution chart, SSAB AB (publ) ranks #155 out of 616 companies in the Steel industry, which is above the industry midpoint. Overall, SSAB AB (publ) has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SSAB AB (publ)'s Net Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, SSAB AB (publ) ranks #155 out of 616 companies for Net Margin %. This puts SSAB AB (publ) in the upper half of its industry. The industry median Net Margin % is 1.86. SSAB AB (publ)'s value of 6.32% is 239.8% above this benchmark. While the company's 10-year median is 4.11 vs. the industry median of 1.86, SSAB AB (publ) has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Steel company?
The median Net Margin % among Steel companies is 1.86, based on 616 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SSAB AB (publ)'s current Net Margin % of 6.32% is 239.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on SSAB AB (publ) and its competitors. For the Steel industry, the median Net Margin % is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SSAB AB (publ)'s current Net Margin % is 6.32%, which is 54% above median its own 10-year median of 4.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSAB AB (publ) stock overvalued right now?
Based on GuruFocus' analysis, SSAB AB (publ) (SSAAY) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.96, compared to a current price of $5.17 — trading 74.5% above its estimated fair value. The current Net Margin % is 6.32%, which is 54% above median its 10-year median of 4.11 and 239.8% above the Steel industry median of 1.86. SSAB AB (publ)'s overall GF Score™ is 73/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For SSAB AB (publ) (SSAAY), the current Net Margin % is 6.32% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is SSAB AB (publ) (SSAAY) Overvalued in 2026?
Based on GuruFocus' analysis, SSAB AB (publ) stock appears to be overvalued.
The current stock price of $5.17 is trading 74.5% above its estimated GF Value™ of $2.96.
GuruFocus considers SSAB AB (publ) to be Significantly Overvalued.
Key valuation signals for SSAAY:
Net Margin %: 6.32% (54% above median its 10-year median of 4.11)
GF Value™: $2.96 vs. price of $5.17 (74.5% above fair value)
Industry Position: 239.8% above the Steel median (#155 of 616)
No single metric tells the full story. See the SSAAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SSAB AB (publ) is a Swedish steel producer specializing in high-strength and specialty steels for applications across industries like automotive, construction, heavy transport, mining, and energy. The company manufactures quenched and tempered steels, high-strength steels, heavy plates, strip products, and tubular goods through divisions including SSAB Special Steels, SSAB Europe, and SSAB Americas, Tibnor and Ruukki Construction with production sites mainly in Sweden, Finland, and the United States, Europe and rest of the world.
73GF Score
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