STU Relative Valuation - Steel & Tube Holdings Ltd - Alpha Spread

Steel & Tube Holdings Ltd
NZX:STU

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Steel & Tube Holdings Ltd
NZX:STU
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Price: 0.94 NZD Market Closed
Market Cap: 156.5m NZD
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Relative Value

The Relative Value of one STU stock under the Base Case scenario is 1.54 NZD. Compared to the current market price of 0.94 NZD, Steel & Tube Holdings Ltd is Undervalued by 39%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

STU Relative Value
Base Case
1.54 NZD
Undervaluation 39%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
47
vs Industry
84
Median 3Y
0.3
Median 5Y
0.3
Industry
1.7
Forward
0.3
vs History
3
vs Industry
16
Median 3Y
10.3
Median 5Y
9.1
Industry
15.6
Forward
15.8
vs History
36
vs Industry
32
Median 3Y
1.9
Median 5Y
2.9
Industry
8.9
vs History
39
vs Industry
22
Median 3Y
5.7
Median 5Y
6.5
Industry
14.6
vs History
61
vs Industry
62
Median 3Y
0.9
Median 5Y
0.9
Industry
1.4
vs History
22
vs Industry
81
Median 3Y
0.5
Median 5Y
0.5
Industry
2.1
Forward
0.5
vs History
28
vs Industry
68
Median 3Y
2.2
Median 5Y
2.2
Industry
7.1
vs History
3
vs Industry
16
Median 3Y
9.1
Median 5Y
8.6
Industry
10
Forward
6.5
vs History
3
vs Industry
18
Median 3Y
9.1
Median 5Y
8.6
Industry
12.9
Forward
14
vs History
39
vs Industry
32
Median 3Y
2.6
Median 5Y
4.7
Industry
10.2
vs History
39
vs Industry
23
Median 3Y
2.9
Median 5Y
5.5
Industry
13
vs History
52
vs Industry
57
Median 3Y
0.8
Median 5Y
0.8
Industry
1.3

Multiples Across Competitors

STU Competitors Multiples
Steel & Tube Holdings Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NZ
Steel & Tube Holdings Ltd
NZX:STU
157.4m NZD 0.3 59.6 26 26
ZA
Kumba Iron Ore Ltd
JSE:KIO
109.4B Zac 0 0 0 0
IN
BMW Industries Ltd
BSE:542669
16.5B INR 2.8 25.9 11.7 16.8
BR
Vale SA
BOVESPA:VALE3
244.9B BRL 1.2 5 3.2 3.9
AU
Fortescue Metals Group Ltd
ASX:FMG
54.2B AUD 2 6.5 4.4 4.4
AU
Fortescue Ltd
XMUN:FVJ
32.9B EUR 2 6.5 4.3 4.3
US
Nucor Corp
NYSE:NUE
34.7B USD 1.1 10.2 6 7.6
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.4T INR 1.3 32.3 10.9 15.6
IN
Tata Steel Ltd
NSE:TATASTEEL
1.9T INR 0.8 -46.1 10 17.1
KR
Posco Holdings Inc
KRX:005490
28.5T KRW 0.4 21 4.7 11
JP
Nippon Steel Corp
TSE:5401
2.9T JPY 0.3 5.5 5.2 8.5

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