Salzgitter AG/€SZG
1D1W1MYTD1Y5YMAX
Capital at risk
About Salzgitter AG
Salzgitter AG is a German company operating primarily in the steel industry. It produces a wide range of steel products including flat steel, heavy plates, and pipe products. The company is organized into segments such as Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology, which supply various industries ranging from automotive to construction and mechanical engineering. Founded in 1858, Salzgitter AG is headquartered in Salzgitter, Lower Saxony, Germany. Its strategic positioning is bolstered by a focus on innovation and sustainability, aiming to enhance its product offerings and operational efficiency. The company maintains a significant presence in Europe and is involved in various international markets.
- Ticker
- €SZG
- Sector
- Materials
- Primary listing
- XETRA
- Employees
- 23,538
- Headquarters
- Salzgitter, Germany
- Website
- www.salzgitter-ag.com/de
Salzgitter AG Metrics
BasicAdvanced
€3B
51.22
€1.05
2.19
€0.20
0.37%
Price and volume
Market cap
€3B
Beta
2.19
52-week high
€67.50
52-week low
€22.40
Average daily volume
180K
Dividend rate
€0.20
Financial strength
Current ratio
1.745
Quick ratio
0.958
Long term debt to equity
0.297
Total debt to equity
0.514
Dividend payout ratio (TTM)
19.12%
Interest coverage (TTM)
-2.64%
Profitability
EBITDA (TTM)
67.8
Gross margin (TTM)
36.74%
Net profit margin (TTM)
0.64%
Operating margin (TTM)
-2.14%
Effective tax rate (TTM)
52.72%
Revenue per employee (TTM)
€380,000
Management effectiveness
Return on assets (TTM)
-1.13%
Return on equity (TTM)
1.41%
Valuation
Price to earnings (TTM)
51.217
Price to revenue (TTM)
0.328
Price to book
0.65
Price to tangible book (TTM)
0.68
Price to free cash flow (TTM)
-27.006
Free cash flow yield (TTM)
-3.70%
Free cash flow per share (TTM)
-1.992
Dividend yield (TTM)
0.37%
Forward dividend yield
0.37%
Growth
Revenue change (TTM)
-5.60%
Earnings per share change (TTM)
-113.41%
3-year revenue growth (CAGR)
-8.84%
10-year revenue growth (CAGR)
1.09%
3-year earnings per share growth (CAGR)
-50.20%
10-year earnings per share growth (CAGR)
-4.41%
3-year dividend per share growth (CAGR)
-41.52%
10-year dividend per share growth (CAGR)
-2.21%
Bulls say / Bears say
Salzgitter raised its full‐year 2026 EBITDA guidance to €725–825 million (from €625–725 million) and lifted sales forecasts to about €10.0 billion (from €9.5 billion), citing the positive impact of the June HKM consolidation and supportive EU trade defence measures (Reuters).
The completion of the HKM acquisition on June 1, 2026 allows Salzgitter to fully consolidate the Duisburg plant into its Steel Production unit, with management expecting a mid‐double‐digit million‐euro contribution to EBITDA and EBT in 2026, bolstering its European production base (Reuters).
The P28 profit improvement program delivered €97 million in cost savings in H1 2026, demonstrating strong execution of operational efficiency initiatives and underpinning margin expansion (Reuters).
Low Rhine water levels on the Rhine pose a material supply‐chain risk for Salzgitter’s recently acquired HKM plant, with CEO Gunnar Groebler warning of potential bottlenecks and higher transport costs if gauge levels continue to fall (Reuters).
The full takeover of Hüttenwerke Krupp Mannesmann (HKM) carries significant integration risk, including planned cuts of around 2,000 jobs at the Duisburg works, which is likely to trigger one‐off restructuring charges and potential labor challenges (Reuters).
Surging energy and freight costs linked to Middle East geopolitical tensions have forced Salzgitter to negotiate price hikes with customers, underscoring margin pressure despite partial hedges in place (Reuters).
Data summarised monthly by Lightyear AI. Last updated on 26 Aug 2026.
Upcoming events
No upcoming events
Funds containing Salzgitter AG
AllEURGBPUSD
Fund name | Fund size | €SZG weighting |
|---|---|---|
iShares MDAX€EXID | €34M | 1.12% |
iShares MDAX€EXS3 | €1.5B | 1.05% |
Xtrackers MSCI Europe Small Cap€DX2J | €3.2B | 0.12% |
Xtrackers MSCI Europe Small Cap£XXSC | £2.8B | 0.12% |
iShares MSCI World Small Cap$WSML | $9B | 0.02% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.