AK Steel Holding Corp

Find Ratings Reports
AKS : NYSE : Basic Materials
$7.075 -0.26 | -3.6%
Today's Range: 7.05 - 7.355
Avg. Daily Volume: 2.04694E7
03/29/17 - 3:59 PM ET

Financial Analysis


AK STEEL HOLDING CORP's gross profit margin for the fourth quarter of its fiscal year 2016 has significantly increased when compared to the same period a year ago. Even though sales decreased, the net income has increased. AK STEEL HOLDING CORP has weak liquidity. Currently, the Quick Ratio is 0.71 which shows a lack of ability to cover short-term cash needs. The company's liquidity has increased from the same period last year, indicating improving cash flow.

At the same time, stockholders' equity ("net worth") has greatly increased by 74.33% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the future.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.



Income Statement Q4 FY16 Q4 FY15
Net Sales ($mil)1418.61542.7
EBITDA ($mil)138.243.1
EBIT ($mil)83.3-6.3
Net Income ($mil)-62.4-145.4


Balance Sheet Q4 FY16 Q4 FY15
Cash & Equiv. ($mil)173.256.6
Total Assets ($mil)4036.04084.4
Total Debt ($mil)1816.62354.1
Equity ($mil)-250.9-977.6


Profitability Q4 FY16 Q4 FY15
Gross Profit Margin14.786.91
EBITDA Margin9.742.79
Operating Margin5.87-0.41
Sales Turnover1.461.64
Return on Assets-0.19-12.46
Return on Equity0.00.0
Debt Q4 FY16 Q4 FY15
Current Ratio2.111.73
Debt/Capital1.161.71
Interest Expense39.442.6
Interest Coverage2.11-0.15


Share Data Q4 FY16 Q4 FY15
Shares outstanding (mil)314.16177.89
Div / share0.00.0
EPS-0.22-0.82
Book value / share-0.8-5.5
Institutional Own % n/a n/a
Avg Daily Volume1.9875598E72.081654E7

Valuation


SELL. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. Along with this, the price-to-book ratio is also meaningless due to a negative book value for the company, making any comparisons useless. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
AKS NM Peers 76.59   AKS 7.74 Peers 10.33

Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.

AKS's P/E is negative making this valuation measure meaningless.

 

Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.

AKS is trading at a significant discount to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
AKS 9.34 Peers 21.71   AKS NA Peers 0.46

Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.

AKS is trading at a significant discount to its peers.

 

Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

Ratio not available.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
AKS NM Peers 1.87   AKS 99.66 Peers 232.67

Neutral. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

AKS's P/B is negative making this valuation measure meaningless.

 

Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

However, AKS is expected to significantly trail its peers on the basis of its earnings growth rate.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
AKS 0.40 Peers 2.93   AKS -12.11 Peers 2.01

Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

AKS is trading at a significant discount to its industry on this measurement.

 

Lower. A sales growth rate that trails the industry implies that a company is losing market share.

AKS significantly trails its peers on the basis of sales growth

 

 

Latest Stock Upgrades/Downgrades