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SCS

Steelcase Inc

SCS

12.52USD-0.10 (-0.79%)Delayed
Watchlist

Market Summary

USD12.52-0.10
Delayed
-0.79%

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)

25.44

Price/Sales (Trailing)

0.44

EV/EBITDA

6.47

Price/Free Cashflow

5.93

SCS Price/Sales (Trailing)

SCS Profitability

EBT Margin

2.50%

Return on Equity

6.58%

Return on Assets

2.55%

Free Cashflow Yield

16.85%

SCS Fundamentals

SCS Revenue

Revenue (TTM)

3.2B

Revenue Y/Y

-1.01%

Revenue Q/Q

13.66%

SCS Earnings

Earnings (TTM)

56.1M

Earnings Y/Y

40.31%

Earnings Q/Q

1.7K%

Price Action

Last 7 days

0.5%

Last 30 days

11.6%

Last 90 days

47.6%

Trailing 12 Months

75.8%

How does SCS drawdown profile look like?

SCS Financial Health

Current Ratio

1.53

SCS Investor Care

Dividend Yield

3.19%

Dividend/Share (TTM)

0.4

Shares Dilution (1Y)

1.10%

Diluted EPS (TTM)

0.47

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20233.2B3.2B3.2B0
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
20102.3B2.3B2.4B2.4B

Which funds bought or sold SCS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
CITIGROUP INC
reduced
-69.31
-235,404
188,438
-%
Nov 24, 2023
DEUTSCHE BANK AG\
added
24.5
231,654
519,885
-%
Nov 22, 2023
Graham Capital Management, L.P.
sold off
-100
-864,190
-
-%
Nov 21, 2023
Walleye Capital LLC
reduced
-86.84
-508,446
119,765
-%
Nov 21, 2023
COMERICA BANK
added
-
11,516
11,516
-%
Nov 17, 2023
JACOBS LEVY EQUITY MANAGEMENT, INC
added
24.69
4,819,480
10,795,800
0.06%
Nov 17, 2023
Diversified Trust Co
added
75.56
317,923
523,895
0.02%
Nov 16, 2023
Financial Gravity Asset Management, Inc.
added
24,350
20,188
20,479
-%
Nov 15, 2023
GSA CAPITAL PARTNERS LLP
reduced
-77.72
-845,000
403,000
0.04%
Nov 15, 2023
CAPTRUST FINANCIAL ADVISORS
reduced
-6.02
98,798
372,017
-%

1–10 of 45

Latest Funds Activity

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

Schedule 13G FIlings of Steelcase Inc

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 14, 2023
earnest partners llc
7.8%
7,176,886
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
5.1%
4,683,640
SC 13G
Feb 10, 2023
fifth third bancorp
14.04%
14,196,735
SC 13G/A
Feb 09, 2023
vanguard group inc
9.56%
8,848,133
SC 13G/A
Feb 03, 2023
blackrock inc.
8.0%
7,437,312
SC 13G/A
Feb 02, 2023
welch p craig jr
5.64%
5,220,516
SC 13G/A
Jan 30, 2023
wolters kate p
6.1%
5,969,050
SC 13G/A
Jan 30, 2023
pew robert c iii
5.3%
5,129,024
SC 13G/A

Recent SEC filings of Steelcase Inc

View All Filings
Date Filed Form Type Document
Dec 08, 2023
4
Insider Trading
Nov 13, 2023
SC 13G/A
Major Ownership Report
Oct 30, 2023
8-K
Current Report
Oct 16, 2023
4
Insider Trading
Oct 11, 2023
4
Insider Trading
Sep 29, 2023
4
Insider Trading
Sep 26, 2023
4
Insider Trading
Sep 22, 2023
S-8
Employee Benefits Plan
Sep 22, 2023
10-Q
Quarterly Report
Sep 22, 2023
144
Notice of Insider Sale Intent

SCS Fair Value

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Peers (Alternatives to Steelcase Inc)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
46.4B
22.1B
8.48% 27.15%
36.24
2.1
8.08% -64.84%
18.2B
17.3B
18.46% 122.36%
11.57
1.05
-24.78% -43.92%
18.1B
5.2B
9.44% 22.76%
33.07
3.57
8.66% 28.22%
14.4B
6.0B
12.33% 17.14%
19.56
2.39
-1.98% -16.15%
12.0B
-
13.22% 39.90%
25.57
38.14
-70.09% 13.79%
MID-CAP
6.0B
4.0B
10.80% 5.12%
17.21
1.51
-1.35% -9.90%
5.3B
1.1B
11.54% 22.95%
31.32
4.75
44.91% 150.46%
5.1B
3.7B
4.94% 8.12%
6.63
1.39
-3.44% -14.01%
3.6B
1.7B
11.06% 5.27%
26.69
2.06
-0.59% -31.21%
2.4B
889.9M
-33.39% -70.90%
-2.52
2.69
38.49% -36.98%
SMALL-CAP
1.1B
1.4B
10.46% 5.42%
10.68
0.75
2.62% 83.76%
573.7M
140.1M
13.16% -60.19%
-32.64
4.09
33.18% 85.88%
519.9M
1.8B
11.68% -5.55%
9.22
0.28
-8.66% 162.33%
377.6M
-
3.00% -0.26%
-14.48
2.48
-17.10% -126.73%
58.3M
58.2M
17.61% 22.49%
15.79
1
-7.56% 11.27%

Steelcase Inc News

Latest updates
Marketscreener.com07 Dec 202301:22 pm2 days ago
Knox Daily06 Dec 202312:32 pm3 days ago
Yahoo Finance04 Dec 202305:49 pm5 days ago
Defense World02 Dec 202310:04 am7 days ago
Nasdaq28 Nov 202308:00 am11 days ago
Nasdaq17 Nov 202308:00 am22 days ago
Yahoo Finance14 Nov 202308:00 am25 days ago
Yahoo Finance14 Nov 202308:00 am25 days ago
InvestorsObserver10 Nov 202308:00 am29 days ago
StockNews.com01 Nov 202307:00 am38 days ago
GuruFocus.com31 Oct 202307:00 am39 days ago
Stockxpo27 Oct 202307:00 am43 days ago
U.S News & World Report Money26 Oct 202307:00 am44 days ago
Nasdaq20 Oct 202307:00 am50 days ago

Financials for Steelcase Inc

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue13.7%855752802827863741753738725557677618819483946955998824946901876
Cost Of Revenue10.4%570516-588613548-535518402-----------
Gross Profit20.8%283235239238251192196204207155193178270123307316334258307278289
Operating Expenses6.9%236221207208221201194188173187186169172157238241248231236233221
EBITDA Margin4.4%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*0.08*0.08*
Interest Expenses0%7.007.007.008.007.006.006.007.006.006.006.007.007.007.007.007.007.007.0024.005.005.00
Income Taxes578.6%10.001.009.005.007.00-4.401.002.005.00-10.70-4.50-6.3027.00-16.70-1.3019.0022.006.006.008.0018.00
Earnings Before Taxes1175.9%37.003.0024.0017.0026.00-15.80-1.0012.0029.00-38.802.00-4.2083.00-54.8065.0074.0082.0024.0028.0045.0067.00
EBT Margin15.4%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*0.05*0.05*
Net Income1733.3%28.002.0016.0011.0020.00-11.40-2.2010.0025.00-28.107.002.0056.00-38.1067.0055.0061.0018.0067.0037.0049.00
Net Income Margin16.7%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*0.04*0.04*0.04*0.04*0.03*0.03*
Free Cashflow26925.0%107-0.4072.0062.00-34.60-68.70-58.70-11.00-11.40-82.0018.00-21.80130-10211815996.00-85.8061.0069.0054.00
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets3.4%2,1992,1262,2032,2682,3032,1872,2612,3192,3142,2902,3542,3852,4402,5402,5652,5242,3952,2562,1421,9811,885
  Current Assets10.5%9018168849159539189591,0041,0309921,0451,0851,1331,2301,1891,1321,013866949797770
    Cash Equivalents282.1%15440.0090.0055.0059.0012320728236740349649252264354737323415826554.0049.00
  Inventory-11.8%271307320379397372326286233228194235218247215248243241225252232
  Net PPE-2.1%365373377405405383393395402412411415418417426446447450456449438
  Goodwill0.1%277277277278277242243243218218218215215215234241240240241240218
Liabilities3.8%1,3461,2961,3771,4591,5031,3731,4091,4621,4121,3591,3941,4381,4921,6591,5951,5921,5061,4041,2931,1261,046
  Current Liabilities10.6%590534603679725587567591548498515569620790691707645551595637574
    LT Debt, Non Current0.0%446446446446445445477478478479479480481481481482482482483290291
Shareholder's Equity2.9%853829826810799814852857901930961948948881970932889852850855839
  Retained Earnings1.8%8848698798758768739019209529489889931,0039591,011962925881881874853
  Additional Paid-In Capital15.0%35.0030.0019.0016.0014.0010.002.00--21.0013.004.002.00-28.0026.0027.0026.0016.0018.0016.00
Accumulated Depreciation1.2%1,1141,1011,0891,1101,0861,0871,0891,0851,0811,0801,0631,0401,0249939789989811,0161,0091,0061,006
Shares Outstanding0.0%114114113113113113112112114116115115115115117117117117117117117
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations961.1%119,90011,30088,00075,800-19,300-55,100-43,5002,5002,000-63,600102,000-82,100138,300-93,400142,000176,000113,800-71,00085,10084,40079,400
  Share Based Compensation-67.9%4,50014,0003,8002,4003,40012,2001,0001,8001,90013,10010,200-1,5008,0002,6002,1002,3009,5002,5002,3003,500
Cashflow From Investing111.6%1,300-11,200-7,300-12,200-108,000-7,300-14,200-44,8006,500-13,000-12,800-11,800-3,300-2,70050,600-16,500-15,900-13,700-24,100-79,100-160,500
Cashflow From Financing85.3%-7,400-50,300-46,300-59,90064,000-20,700-18,500-41,600-43,100-16,800-11,200-12,800-257,500193,700-17,800-21,400-20,900-21,800148,800400-6,500
  Dividend Payments-2.5%11,80012,10011,70011,60016,90017,10016,70016,70017,10012,10011,70011,70011,7008,40017,20017,40017,20017,30016,00016,00016,000
  Buy Backs----500-3,40014,350-23,4004,300-400-42,300-2,8001,9004,000100600100

SCS Income Statement

2023-08-25
Condensed Consolidated Statements Of Operations - USD ($)
$ in Millions
3 Months Ended6 Months Ended
Aug. 25, 2023
Aug. 26, 2022
Aug. 25, 2023
Aug. 26, 2022
Revenue$ 854.6$ 863.3$ 1,606.5$ 1,604.0
Cost of sales569.8612.51,085.71,160.7
Gross profit283.4250.8518.0442.4
Operating expenses235.9221.4456.5422.3
Operating income41.028.948.316.3
Interest expense(6.6)(7.2)(13.2)(13.6)
Investment income0.80.31.30.4
Other income, net1.84.43.57.5
Income before income tax expense37.026.439.910.6
Income tax expense9.56.810.92.4
Net income$ 27.5$ 19.6$ 29.0$ 8.2
Earnings per share    
Basic$ 0.23$ 0.17$ 0.24$ 0.07
Diluted0.230.170.240.07
Dividends declared and paid per common share$ 0.100$ 0.145$ 0.200$ 0.290
Cost of Sales    
Restructuring costs$ 1.4$ 0.0$ 2.8$ 0.9
Operating Expense    
Restructuring costs$ 6.5$ 0.5$ 13.2$ 3.8

SCS Balance Sheet

2023-08-25
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Aug. 25, 2023
Feb. 24, 2023
Assets, Current [Abstract]  
Cash and cash equivalents$ 153.6$ 90.4
Accounts receivable, net of allowance of $6.9 and $6.5372.9373.3
Inventories271.0319.7
Prepaid expenses38.428.9
Assets held for sale19.329.0
Other current assets46.042.7
Total current assets901.2884.0
Property, plant and equipment, net of accumulated depreciation of $1,114.0 and $1,088.6365.3376.5
Company-owned life insurance ("COLI")160.9157.3
Deferred income taxes118.9117.3
Goodwill277.3276.8
Other intangible assets, net of accumulated amortization of $106.9 and $97.6103.7111.2
Investments in unconsolidated affiliates54.651.1
Right-of-use operating lease assets183.9198.3
Other assets32.830.3
Total assets2,198.62,202.8
Liabilities, Current [Abstract]  
Accounts payable227.0203.5
Short-term borrowings and current portion of long-term debt5.235.7
Current operating lease obligations47.344.7
Accrued expenses:  
Employee compensation116.0120.0
Employee benefit plan obligations28.231.2
Accrued promotions18.626.7
Customer deposits52.650.8
Other95.090.7
Total current liabilities589.9603.3
Long-term liabilities:  
Long-term debt less current maturities445.9445.5
Employee benefit plan obligations97.2103.0
Long-term operating lease obligations153.0169.9
Other long-term liabilities59.554.9
Total long-term liabilities755.6773.3
Total liabilities1,345.51,376.6
Shareholders' equity:  
Additional paid-in capital34.619.4
Accumulated Other Comprehensive Income (Loss), Net of Tax(65.9)(72.5)
Retained earnings884.4879.3
Total shareholders’ equity853.1826.2
Total liabilities and shareholders’ equity$ 2,198.6$ 2,202.8
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
 WEBSITEwww.steelcase.com
 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 Dec 08 2023, market cap of Steelcase Inc is 1.43 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. 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 Dec 08 2023, SCS's PE ratio (Price to Earnings) is 25.44 and Price to Sales (PS) ratio is 0.44. 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 0.01 (multiply by 100 for percentage) rate of return.