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SCS

SCS - Steelcase Inc Stock Price, Fair Value and News

11.94USD+0.11 (+0.93%)Market Closed

Market Summary

SCS
USD11.94+0.11
Market Closed
0.93%

SCS Alerts

  • Big jump in Earnings (Y/Y)

SCS Stock Price

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SCS RSI Chart

SCS Valuation

Market Cap

1.4B

Price/Earnings (Trailing)

16.82

Price/Sales (Trailing)

0.43

EV/EBITDA

6.85

Price/Free Cashflow

5.21

SCS Price/Sales (Trailing)

SCS Profitability

Operating Margin

32.18%

EBT Margin

3.39%

Return on Equity

9.14%

Return on Assets

3.63%

Free Cashflow Yield

19.18%

SCS Fundamentals

SCS Revenue

Revenue (TTM)

3.2B

Rev. Growth (Yr)

-3.31%

Rev. Growth (Qtr)

-0.35%

SCS Earnings

Earnings (TTM)

81.1M

Earnings Growth (Yr)

35.67%

Earnings Growth (Qtr)

-30.84%

Breaking Down SCS Revenue

Last 7 days

-2.0%

Last 30 days

-8.5%

Last 90 days

-4.6%

Trailing 12 Months

45.3%

How does SCS drawdown profile look like?

SCS Financial Health

Current Ratio

1.58

Debt/Equity

0.5

Debt/Cashflow

0.69

SCS Investor Care

Dividend Yield

3.35%

Dividend/Share (TTM)

0.4

Shares Dilution (1Y)

1.10%

Diluted EPS (TTM)

0.68

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20243.2B000
20233.2B3.2B3.2B3.2B
20222.8B3.0B3.1B3.2B
20212.6B2.7B2.6B2.7B
20203.7B3.4B3.2B2.9B
20193.5B3.5B3.7B3.7B
20183.1B3.1B3.2B3.3B
20173.0B3.0B3.1B3.1B
20163.1B3.1B3.0B3.0B
20153.1B3.0B3.1B3.1B
20143.0B3.0B3.1B3.1B
20132.9B2.9B2.9B2.9B
20122.7B2.8B2.8B2.8B
20112.4B2.5B2.6B2.7B
20102.3B02.3B2.4B
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Which funds bought or sold SCS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 18, 2024
Diversified Trust Co
reduced
-40.53
-261,810
354,742
0.01%
Apr 18, 2024
Hexagon Capital Partners LLC
reduced
-8.41
-660
5,127
-%
Apr 18, 2024
Allspring Global Investments Holdings, LLC
added
34,941
164,518
165,004
-%
Apr 17, 2024
Hennion & Walsh Asset Management, Inc.
new
-
200,987
200,987
0.01%
Apr 16, 2024
VOISARD ASSET MANAGEMENT GROUP, INC.
unchanged
-
-44.00
1,308
-%
Apr 15, 2024
THOMPSON INVESTMENT MANAGEMENT, INC.
reduced
-3.65
-262,626
3,606,080
0.54%
Apr 15, 2024
Concurrent Investment Advisors, LLC
new
-
412,090
412,090
0.02%
Apr 15, 2024
One Wealth Advisors, LLC
added
27.72
66,555
349,001
0.06%
Apr 15, 2024
Alhambra Investment Management LLC
new
-
300,435
300,435
0.16%
Apr 15, 2024
S.A. Mason LLC
added
71.25
240,377
606,363
0.36%

1–10 of 50

Are Funds Buying or Selling SCS?

Are funds buying SCS calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SCS
No. of Funds

Unveiling Steelcase Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
welch p craig jr
4.99%
4,684,328
SC 13G/A
Feb 13, 2024
fifth third bancorp
12.69%
12,973,100
SC 13G/A
Feb 13, 2024
vanguard group inc
10.40%
9,765,893
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
5.1%
4,752,105
SC 13G/A
Feb 08, 2024
pzena investment management llc
8.4%
7,843,245
SC 13G
Jan 25, 2024
pew robert c iii
5.1%
5,003,510
SC 13G/A
Jan 25, 2024
wolters kate p
6.0%
5,984,174
SC 13G/A
Jan 24, 2024
blackrock inc.
9.5%
8,873,221
SC 13G/A
Nov 13, 2023
vanguard group inc
10.16%
9,516,334
SC 13G/A
Jun 12, 2023
earnest partners llc
3.0%
2,797,625
SC 13G/A

Recent SEC filings of Steelcase Inc

View All Filings
Date Filed Form Type Document
Apr 16, 2024
4
Insider Trading
Apr 12, 2024
10-K
Annual Report
Apr 12, 2024
4
Insider Trading
Apr 12, 2024
4
Insider Trading
Apr 12, 2024
4
Insider Trading
Apr 12, 2024
4
Insider Trading
Apr 12, 2024
4
Insider Trading
Apr 12, 2024
4
Insider Trading
Apr 12, 2024
4
Insider Trading
Apr 12, 2024
4
Insider Trading

Peers (Alternatives to Steelcase Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
48.1B
22.1B
-8.64% 17.87%
33.37
2.17
8.21% -59.82%
21.6B
17.1B
-14.37% 86.77%
14
1.26
-24.77% -43.97%
20.8B
5.4B
-4.58% 67.89%
27.39
3.87
8.59% 39.18%
17.5B
4.8B
-3.14% 66.88%
22.86
3.62
-14.85% -16.95%
13.5B
4.2B
-6.87% 49.20%
24.84
3.23
11.44% 15.46%
MID-CAP
7.6B
3.9B
-7.14% 54.88%
20.14
1.98
-6.35% -0.40%
7.0B
1.2B
0.13% 29.12%
39.24
5.97
31.47% 76.96%
6.3B
3.5B
-6.58% 29.46%
9.65
1.81
-10.84% -25.77%
3.4B
1.7B
-6.31% 0.92%
26.12
2.02
-10.27% -35.75%
1.8B
891.3M
-26.99% -70.96%
-1.28
1.97
27.07% -89.06%
SMALL-CAP
1.3B
1.4B
-1.43% 32.25%
12.29
0.91
-1.78% 53.96%
487.5M
130.3M
-5.61% 26.75%
7.27
3.74
54.06% 153.62%
468.0M
1.8B
-13.05% 0.41%
-21.47
0.26
-5.89% -65.15%
397.6M
103.0M
-23.48% -57.49%
-4.35
3.86
-24.12% 24.29%
71.1M
61.2M
4.03% 54.23%
16.96
1.16
-1.21% 27.64%

Steelcase Inc News

Latest updates
Yahoo Finance14 Apr 202401:31 pm

Steelcase Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-0.3%775778855752802827863741753738725557677618819483946955998824946
Cost Of Revenue1.2%532526570516562588613548557535518402---------
Gross Profit-4.0%242252283235239238251192196204207155193178270123307316334258307
Operating Expenses3.4%214207236221207208221201194188173187186169172157238241248231236
EBITDA Margin0.5%0.07*0.07*0.06*0.06*0.05*0.04*0.04*0.04*0.04*0.04*0.04*0.06*0.05*0.07*0.09*0.08*0.10*0.09*0.08*0.08*0.08*
Interest Expenses-1.6%6.006.007.007.007.008.007.006.006.007.006.006.006.007.007.007.007.007.007.007.0024.00
Income Taxes-45.9%5.0010.0010.001.009.005.007.00-4.401.002.005.00-10.70-4.50-6.3027.00-16.70-1.3019.0022.006.006.00
Earnings Before Taxes-34.5%27.0041.0037.003.0024.0017.0026.00-15.80-1.0012.0029.00-38.802.00-4.2083.00-54.8065.0074.0082.0024.0028.00
EBT Margin3.0%0.03*0.03*0.03*0.02*0.02*0.01*0.01*0.01*0.00*0.00*0.00*0.02*0.01*0.03*0.05*0.05*0.07*0.06*0.05*0.05*0.05*
Net Income-30.8%21.0031.0028.002.0016.0011.0020.00-11.40-2.2010.0025.00-28.107.002.0056.00-38.1067.0055.0061.0018.0067.00
Net Income Margin8.3%0.03*0.02*0.02*0.01*0.01*0.01*0.01*0.01*0.00*0.00*0.00*0.01*0.01*0.03*0.04*0.04*0.05*0.05*0.05*0.05*0.05*
Free Cashflow-55.4%48.00107107-0.4072.0062.00-34.60-68.70-58.70-11.00-11.40-82.0093.00-96.20130-10211815996.00-85.8061.00
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.5%2,2372,2472,1992,1262,2032,2682,3032,1872,2612,3192,3142,2902,3542,3852,4402,5402,5652,5242,3952,2562,142
  Current Assets-1.0%9599699018168849159539189591,0041,0309921,0451,0851,1331,2301,1891,1321,013866949
    Cash Equivalents24.4%32626215440.0090.0062.0059.00123207282367403496492522643547373234158265
  Inventory-11.1%231260271307320379397372326286233228194235218247215248243241225
  Net PPE-2.6%353362365373377405405383393395402412411415418417426446447450456
  Goodwill0.0%275275277277277278277242243243218218218215215215234241240240241
Liabilities-1.6%1,3501,3711,3461,2961,3771,4591,5031,3731,4091,4621,4121,3591,3941,4381,4921,6591,5951,5921,5061,4041,293
  Current Liabilities-3.7%607631590534603679725587567591548498515569620790691707645551595
  Long Term Debt0.0%446446446446446446445445477478478479479480481481481482482482483
    LT Debt, Non Current-100.0%-446446446446446445445477478478479479480481481481482482482483
Shareholder's Equity1.3%887876853829826810799814852857901930961948948881970932889852850
  Retained Earnings1.0%9139038848698798758768739019209529489889931,0039591,011962925881881
  Additional Paid-In Capital10.5%41.0037.0035.0030.0019.0016.0014.0010.002.00--21.0013.004.002.00-28.0026.0027.0026.0016.00
Accumulated Depreciation0.2%1,1191,1171,1141,1011,0891,1101,0861,0871,0891,0851,0811,0801,0631,0401,0249939789989811,0161,009
Shares Outstanding0.0%114114114114113113113113112112114116115115115115117117117117117
Float---728---1,000---1,000---1,000---1,300--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-52.2%57,400120,100119,90011,30088,00075,800-19,300-55,100-43,5002,5002,000-63,600102,000-82,100138,300-93,400142,000176,000113,800-71,00085,100
  Share Based Compensation78.8%5,9003,30080014,0004,1002,1003,10012,2002,800-1,8001,90013,10010,200-1,5008,0002,6002,1002,3009,5002,500
Cashflow From Investing140.4%11,3004,7001,300-11,200-7,300-12,200-108,000-7,300-14,200-44,8006,500-13,000-12,800-11,800-3,300-2,70050,600-16,500-15,900-13,700-24,100
Cashflow From Financing27.0%-11,900-16,300-7,400-50,300-46,300-59,90064,000-20,700-18,500-41,600-43,100-16,800-11,200-12,800-257,500193,700-17,800-21,400-20,900-21,800148,800
  Dividend Payments-100.0%-11,80011,80012,10011,70011,60016,90017,10016,70016,70017,10012,10011,70011,70011,7008,40017,20017,40017,20017,30016,000
  Buy Backs-100.0%-900-3,300-500-3,40025,900-23,10023,4004,300-400-42,300-2,8001,9004,000100

SCS Income Statement

2024-02-23
Consolidated Statements Of Income - USD ($)
$ in Millions
12 Months Ended
Feb. 23, 2024
Feb. 24, 2023
Feb. 25, 2022
Revenue$ 3,159.6$ 3,232.6$ 2,772.7
Cost of sales2,142.82,310.72,011.2
Gross profit1,012.4919.4761.5
Operating expenses876.5837.2741.4
Operating income117.865.520.1
Interest expense(25.9)(28.4)(25.7)
Investment income6.51.00.6
Other income, net8.713.56.6
Income before income tax expense (benefit)107.151.61.6
Income tax expense (benefit)26.016.3(2.4)
Net income$ 81.1$ 35.3$ 4.0
Earnings per share:   
Basic$ 0.68$ 0.30$ 0.03
Diluted$ 0.68$ 0.30$ 0.03
Cost of Sales [Member]   
Cost of Sales - Restructuring costs$ 4.4$ 2.5$ 0.0
Operating Expense [Member]   
Operating Expenses - Restructuring costs$ 18.1$ 16.7$ 0.0

SCS Balance Sheet

2024-02-23
Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 23, 2024
Feb. 24, 2023
ASSETS  
Cash and cash equivalents$ 318.6$ 90.4
Accounts receivable, net of allowance of $6.2 and $6.5338.3373.3
Inventories, net231.0319.7
Prepaid expenses31.928.9
Assets held for sale0.029.0
Other current assets39.642.7
Total current assets959.4884.0
Property, plant and equipment, net of accumulated depreciation of $1,119.2 and $1,088.6352.9376.5
Company-owned life insurance ("COLI")166.9157.3
Deferred income taxes115.8117.3
Goodwill274.8276.8
Other intangible assets, net of accumulated amortization of $115.0 and $97.694.6111.2
Investments in unconsolidated affiliates55.751.1
Right-of-use operating lease assets168.6198.3
Other assets48.030.3
Total assets2,236.72,202.8
LIABILITIES AND SHAREHOLDERS' EQUITY  
Accounts payable211.3203.5
Short-term borrowings and current portion of long-term debt[1]0.035.7
Current operating lease obligations45.144.7
Employee compensation166.1120.0
Employee benefit plan obligations39.931.2
Accrued promotions19.426.7
Customer deposits44.850.8
Other current liabilities80.590.7
Total current liabilities607.1603.3
Long-term liabilities:  
Long-term debt less current maturities446.3445.5
Employee benefit plan obligations104.5103.0
Long-term operating lease obligations138.6169.9
Other long-term liabilities53.154.9
Total long-term liabilities742.5773.3
Total liabilities1,349.61,376.6
Shareholders' equity:  
Additional Paid in Capital41.219.4
Accumulated other comprehensive income (loss)(66.9)(72.5)
Retained Earnings (Accumulated Deficit)912.8879.3
Total shareholders’ equity887.1826.2
Total liabilities and shareholders’ equity2,236.72,202.8
Preferred Stock [Member]  
Shareholders' equity:  
Preferred stock-no par value; 50,000,000 shares authorized, none issued and outstanding0.00.0
Class A common stock-no par value; 475,000,000 shares authorized, 93,935,016 and 92,574,308 issued and outstanding  
Shareholders' equity:  
Common stock0.00.0
Class B common stock-no par value, convertible into Class A common stock on a one-for-one basis; 475,000,000 shares authorized, 20,292,356 and 20,414,413 issued and outstanding  
Shareholders' equity:  
Common stock$ 0.0$ 0.0
[1]The weighted-average interest rate for short-term borrowings and the current portion of long-term debt was 6.0% as ofFebruary 24, 2023. There were no short-term borrowings outstanding as of February 23, 2024.
SCS
Steelcase Inc. provides a portfolio of furniture and architectural products in the United States and internationally. It operates through Americas, EMEA, and Other segments. The company's furniture portfolio includes furniture systems, seating, storage, fixed and height-adjustable desks, benches, and tables, as well as complementary products, such as work accessories, lighting, and mobile power and screens. Its seating products comprise task chairs; seating for collaborative environments and casual settings; and specialty seating for specific vertical markets, including education and healthcare. The company's interior architectural products comprise full and partial height walls and architectural pods. It also provides textiles, wall coverings, and surface imaging solutions for architects and designers; and workplace strategy consulting, lease origination, and furniture and asset management services. The company markets and sells its products to corporate, government, healthcare, education, and retail customers under the Steelcase, AMQ, Coalesse, HALCON, Orangebox, Smith System, Designtex, and Viccarbe brands. It distributes its products and services through a network of independent and company-owned dealers, as well as directly to end-use customers. The company was incorporated in 1912 and is headquartered in Grand Rapids, Michigan.
 CEO
 WEBSITEsteelcase.com
 INDUSTRYCommunication Equipment
 EMPLOYEES12000

Steelcase Inc Frequently Asked Questions


What is the ticker symbol for Steelcase Inc? What does SCS stand for in stocks?

SCS is the stock ticker symbol of Steelcase Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Steelcase Inc (SCS)?

As of Fri Apr 19 2024, market cap of Steelcase Inc is 1.36 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SCS stock?

You can check SCS's fair value in chart for subscribers.

What is the fair value of SCS stock?

You can check SCS's fair value in chart for subscribers. The fair value of Steelcase Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Steelcase Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SCS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Steelcase Inc a good stock to buy?

The fair value guage provides a quick view whether SCS is over valued or under valued. Whether Steelcase Inc is cheap or expensive depends on the assumptions which impact Steelcase Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SCS.

What is Steelcase Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, SCS's PE ratio (Price to Earnings) is 16.82 and Price to Sales (PS) ratio is 0.43. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SCS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Steelcase Inc's stock?

In the past 10 years, Steelcase Inc has provided -0.007 (multiply by 100 for percentage) rate of return.