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Steel & Tube Holdings Ltd
NZX:STU

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Steel & Tube Holdings Ltd
NZX:STU
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Price: 0.405 NZD
Market Cap: NZ$74.4m

P/S

0.2
Current
42%
Cheaper
vs 3-y average of 0.3

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.2
=
Market Cap
NZ$82.6m
/
Revenue
NZ$401.3m

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.2
=
Market Cap
NZ$82.6m
/
Revenue
NZ$401.3m

Valuation Scenarios

Steel & Tube Holdings Ltd is trading below its 3-year average

If P/S returns to its 3-Year Average (0.3), the stock would be worth NZ$0.7 (73% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+2 505%
Average Upside
1 013%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 0.2 NZ$0.41
0%
3-Year Average 0.3 NZ$0.7
+73%
5-Year Average 0.3 NZ$0.74
+83%
Industry Average 4.8 NZ$10.55
+2 505%
Country Average 2.8 NZ$6.04
+1 391%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
NZ$82.6m
/
Jan 2026
NZ$401.3m
=
0.2
Current
NZ$82.6m
/
Jun 2026
NZ$430.2m
=
0.2
Forward
NZ$82.6m
/
Jun 2027
NZ$522.7m
=
0.2
Forward
NZ$82.6m
/
Jun 2028
NZ$606.6m
=
0.1
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
NZ
Steel & Tube Holdings Ltd
NZX:STU
74.4m NZD 0.2 -2.8
ZA
Kumba Iron Ore Ltd
JSE:KIO
98.1B ZAR 1.4 6.7
BR
Vale SA
BOVESPA:VALE3
339.1B BRL 1.6 25.2
US
Nucor Corp
NYSE:NUE
51.5B USD 1.6 29.7
AU
Fortescue Ltd
XMUN:FVJ
36.9B EUR 2.6 11.4
AU
Fortescue Metals Group Ltd
ASX:FMG
60.5B AUD 2.5 11
LU
ArcelorMittal SA
AEX:MT
37.5B EUR 0.7 13.7
IN
JSW Steel Ltd
NSE:JSWSTEEL
3.1T INR 1.7 41.2
US
Steel Dynamics Inc
NASDAQ:STLD
33.1B USD 1.7 24.1
IN
Tata Steel Ltd
NSE:TATASTEEL
2.7T INR 1.2 28.7
KR
Posco Holdings Inc
KRX:005490
34.9T KRW 0.5 54.3
P/E Multiple
Earnings Growth PEG
NZ
Steel & Tube Holdings Ltd
NZX:STU
Average P/E: 24.6
Negative Multiple: -2.8
N/A N/A
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
6.7
-5%
N/A
BR
Vale SA
BOVESPA:VALE3
25.2
47%
0.5
US
Nucor Corp
NYSE:NUE
29.7
25%
1.2
AU
F
Fortescue Ltd
XMUN:FVJ
11.4
-5%
N/A
AU
Fortescue Metals Group Ltd
ASX:FMG
11
-5%
N/A
LU
ArcelorMittal SA
AEX:MT
13.7
18%
0.8
IN
JSW Steel Ltd
NSE:JSWSTEEL
41.2
72%
0.6
US
Steel Dynamics Inc
NASDAQ:STLD
24.1
23%
1
IN
Tata Steel Ltd
NSE:TATASTEEL
28.7
82%
0.3
KR
Posco Holdings Inc
KRX:005490
54.3
65%
0.8

Market Distribution

Lower than 96% of companies in New Zealand
Percentile
4th
Based on 236 companies
4th percentile
0.2
Low
0 — 1.3
Typical Range
1.3 — 4.2
High
4.2 —
Distribution Statistics
New Zealand
Min 0
30th Percentile 1.3
Median 2.8
70th Percentile 4.2
Max 20.7

Steel & Tube Holdings Ltd
Glance View

Market Cap
74.4m NZD
Industry
Metals & Mining

Steel & Tube Holdings Ltd. engages in the distribution and fabrication of steel and allied products. The company is headquartered in Lower Hutt, Wellington and currently employs 799 full-time employees. The firm's segments are steel and stainless distribution and processing roofing products, reinforcing and wire businesses and fastenings and plastics businesses. The company offers a portfolio of stainless steel products, including coil, sheet, plate, pipe, hygienic tube and associated fittings, and a range of structural bar, handrail and architectural products. Its industrial products include grinding discs and cut off wheels; Loctite, Bostik adhesives and sealants; anti-luce fittings; stainless steel hose clips; grease nipples; power bits and nutsetters; and circlips, cotter pins, tension pins, dowell pins, shaft collars and recoils. Its product range also includes a range of brands, such as Hurricane and Atlas, as well as new seismic products. The firm also supplies fabricated reinforcing steel meshes, bars, ties, piles, beams and columns.

STU Intrinsic Value
1.639 NZD
Undervaluation 75%
Intrinsic Value
Price NZ$0.405
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