Schnitzer Steel Industries Stock

Schnitzer Steel Industries ROCE 2024

Schnitzer Steel Industries ROCE

0.24

Ticker

SCHN

ISIN

US8068821060

WKN

899146

In 2024, Schnitzer Steel Industries's return on capital employed (ROCE) was 0.24, a -6.54% increase from the 0.25 ROCE in the previous year.

Schnitzer Steel Industries Aktienanalyse

What does Schnitzer Steel Industries do?

Schnitzer Steel Industries Inc is a leading company in the recycling industry. The company was founded in 1906 and is headquartered in Portland, Oregon. Originally a steel trader, Schnitzer Steel expanded its business fields over the years and eventually specialized in metal recycling. The company's business model is based on collecting and processing scrap and scrap metal to produce high-quality secondary raw materials. These raw materials are then sold to various industries, such as automotive manufacturers, steel and aluminum mills, or consumer goods manufacturers. The company's recycling practices help conserve the environment while also contributing to waste reduction. Schnitzer Steel is divided into three main areas: auto and scrap recycling, steel production and distribution, and non-alloy primary products. In the auto and scrap recycling sector, the company collects scrap vehicles and other scrap, dismantles them, and separates the various materials through magnetic separation, metal shearing, and other processes. The metal-optimized products are then sold to refineries and other companies that use scrap as raw material. In the steel production and distribution sector, Schnitzer Steel produces steel products and distributes them to customers in North America and Asia. Non-alloy primary products are another important sector of the company, consisting of non-alloy aluminum consumer products and copper products. These products are sold to various customers in the electronics, construction, and transportation sectors. Schnitzer Steel Industries Inc offers a variety of products, including steel pipes, flat steel, round steel, and many other steel products. The company also has its own brand of recycling products sold under the name Cascadia. The company has continuously evolved to drive innovation in the recycling industry. Schnitzer Steel is committed to environmental protection and promoting sustainability in raw material production. The use of advanced technology and efficient recycling processes sets the company apart from other competitors. Overall, Schnitzer Steel Industries Inc is a key player in the recycling industry, specializing in the production of high-quality secondary raw materials. The company has expanded its business fields throughout history and focused on driving innovation and ensuring sustainable environmental practices. Schnitzer Steel's products and services are of high quality, contributing to improving the sustainability of industries and technologies and protecting the environment. Schnitzer Steel Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Schnitzer Steel Industries's Return on Capital Employed (ROCE)

Schnitzer Steel Industries's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Schnitzer Steel Industries's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Schnitzer Steel Industries's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Schnitzer Steel Industries’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Schnitzer Steel Industries stock

What is the ROCE (Return on Capital Employed) of Schnitzer Steel Industries this year?

The ROCE of Schnitzer Steel Industries is 0.24 undefined this year.

How has the ROCE (Return on Capital Employed) of Schnitzer Steel Industries developed compared to the previous year?

The ROCE of Schnitzer Steel Industries has increased by -6.54% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Schnitzer Steel Industries?

A high Return on Capital Employed (ROCE) indicates that Schnitzer Steel Industries has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Schnitzer Steel Industries?

A low ROCE (Return on Capital Employed) can indicate that Schnitzer Steel Industries has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Schnitzer Steel Industries impact the company?

An increase in the ROCE of Schnitzer Steel Industries can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Schnitzer Steel Industries affect the company?

A decrease in ROCE of Schnitzer Steel Industries can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Schnitzer Steel Industries?

Some factors that can affect Schnitzer Steel Industries's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Schnitzer Steel Industries so important for investors?

The ROCE of Schnitzer Steel Industries is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Schnitzer Steel Industries take to improve the ROCE?

To improve the ROCE, Schnitzer Steel Industries can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Schnitzer Steel Industries pay?

Over the past 12 months, Schnitzer Steel Industries paid a dividend of 0.75 USD . This corresponds to a dividend yield of about 3.21 %. For the coming 12 months, Schnitzer Steel Industries is expected to pay a dividend of 0.86 USD.

What is the dividend yield of Schnitzer Steel Industries?

The current dividend yield of Schnitzer Steel Industries is 3.21 %.

When does Schnitzer Steel Industries pay dividends?

Schnitzer Steel Industries pays a quarterly dividend. This is distributed in the months of December, February, May, August.

How secure is the dividend of Schnitzer Steel Industries?

Schnitzer Steel Industries paid dividends every year for the past 25 years.

What is the dividend of Schnitzer Steel Industries?

For the upcoming 12 months, dividends amounting to 0.86 USD are expected. This corresponds to a dividend yield of 3.69 %.

In which sector is Schnitzer Steel Industries located?

Schnitzer Steel Industries is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Schnitzer Steel Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Schnitzer Steel Industries from 7/31/2023 amounting to 0.188 USD, you needed to have the stock in your portfolio before the ex-date on 7/14/2023.

When did Schnitzer Steel Industries pay the last dividend?

The last dividend was paid out on 7/31/2023.

What was the dividend of Schnitzer Steel Industries in the year 2023?

In the year 2023, Schnitzer Steel Industries distributed 0.75 USD as dividends.

In which currency does Schnitzer Steel Industries pay out the dividend?

The dividends of Schnitzer Steel Industries are distributed in USD.

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Andere Kennzahlen von Schnitzer Steel Industries

Our stock analysis for Schnitzer Steel Industries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Schnitzer Steel Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.