Morningstar

BlueScope Steel Ltd BSL

Morningstar Rating
Unlock
Stock XASX Rating as of
A$21.81 −0.22 (1.00%)
View Full Chart
As of Delayed Price Closed

Company Report

View Archive

Bluescope's Near-Term Outlook Weighed Down by Steel Spreads

Esther Holloway

Over the past decade, BlueScope Steel has transitioned away from the highly contested global markets, where returns are generally poor. The company’s strategy is to run a cost-competitive steel business that underpins the profitability of its premium branded products. Serving the residential, nonresidential, and construction markets, key branded products include Colorbond, Truecore, Zincalume, and Lysaght.

Read Full Report

Price vs Fair Value

View History
BSL is trading at a 74% premium.
Price
A$21.81
Fair Value
A$29.00
Uncertainty
High
1-Star Price
A$84.69
5-Star Price
A$79.90
Economic Moat
Tsl
Capital Allocation
Zyclclfrd

Bulls Say, Bears Say

Bulls

North Star is expected to sell additional volumes following its recent capacity expansion and should continue to operate with high utilization and high efficiency.

Bears

The addition of competing electric arc furnace-based steel capacity leads to a flattening in the North American steel cost curve, reducing North Star margins.

Show More

News

View All

Trading Information

Previous Close Price
A$22.03
Day Range
A$21.65–21.93
52-Week Range
A$17.23–24.26
Bid/Ask
A$21.68 / A$21.85
Market Cap
A$9.58 Bil
Volume/Avg
769,771 / 1.8 Mil

Key Statistics

Price/Earnings (Normalized)
10.69
Price/Sales
0.58
Dividend Yield (Trailing)
2.52%
Dividend Yield (Forward)
2.75%
Total Yield
5.90%

Company Profile

BlueScope is an Australia-based steelmaker with five business units. The Australian steel products segment mainly specializes in branded coated and painted flat steel products, sold domestically. North Star is the group’s US minimill, specializing in the production of hot rolled coil for US construction and automotive sectors. Building products Asia operates across Southeast Asia, China, and India, and the US building and coated products North America is involved in metal coating and painting, and the supply to nonresidential construction projects using BlueScope’s materials. New Zealand steel and the Pacific Islands business produces flat and long steel products for New Zealand and building components for the Pacific Islands.
Sector
Basic Materials
Industry
Steel
Stock Style Box
Mid Value
Total Number of Employees
6,700
Website
https://www.bluescope.com

Competitors

Valuation

View More
Metric
BSL
BKW
JHX
Price/Earnings (Normalized)
 10.6937.9422.76
Price/Book Value
 0.891.298.24
Price/Sales
 0.583.543.99
Price/Cash Flow
 6.9736.9317.80
Price/Earnings
BSL
BKW
JHX

Financial Strength

Metric
BSL
BKW
JHX
Quick Ratio
 0.870.890.98
Current Ratio
 1.972.311.94
Interest Coverage
 19.80−0.3923.89
Quick Ratio
BSL
BKW
JHX

Profitability

Metric
BSL
BKW
JHX
Return on Assets (Normalized)
 5.51%1.01%15.08%
Return on Equity (Normalized)
 8.16%1.74%38.63%
Return on Invested Capital (Normalized)
 7.30%2.30%24.07%
Return on Assets
BSL
BKW
JHX

Steel Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Nucor Corp
NUE
JthvkpwmrYcfwb$35.9 Bil
 POSCO Holdings Inc ADR
PKX
PqbtsndHmxcz$21.0 Bil
 Nippon Steel Corp
NISTF
—Fxbz$20.9 Bil
 Nippon Steel Corp ADR
NPSCY
—Bnpk$20.9 Bil
 ArcelorMittal SA New Reg.Shs ex-Arcelor
AMSYF
FlzgdfvQtfq$20.0 Bil
 ArcelorMittal SA Depository Receipt
MT
CvmrXbdl$20.0 Bil
 Steel Dynamics Inc
STLD
QyswpbvbrVjsmjr$19.8 Bil
 Reliance Inc
RS
VhqdbbkfQgfqd$15.5 Bil
 China Steel Corp DR
CISXF
—Hbn$11.3 Bil
 JFE Holdings Inc
JFEEF
—Zmh$8.4 Bil

Sponsor Center