Steel & Tube Holdings Limited Share Price and Company Fundamentals



Price
$1.32
Change
0.050 (3.937%)
52 week
1.03 - 1.7

Last traded: Today at 5:00 AM

Steel & Tube Holdings Limited engages in the distribution and processing of steel, fastenings, and metal floor decking products in New Zealand. It operates in two segments, Distribution and Infrastructure. The company offers structural steel, bar and plate products, and hollow steel sections; pipe and cable support products that include clip pipes, cables, and wire suspension systems; and stainless steel products, such as coils, sheets, plates, pipes, hygienic tube and associated fittings, and various structural bars, handrails, and architectural products to large scale projects and to the stainless steel fabricators, major corporations, and businesses in the construction, diary, water, food processing, energy, and manufacturing sectors. It also provides architectural stainless steel and other metals; chain and rigging services and solutions; pipes, valves, and fittings for petrochemical, power generation, mining, irrigation, fire protection, building services, and water and wastewater industries; profile metal roofing, cladding, and rainwater products; HST purlins and top hats; and fastening solutions for construction, manufacturing, general engineering, and fabrication sectors. In addition, the company offers fabricated reinforcing steel meshes, bars, ties, piles, beams, and columns for use in building and construction industry; composite floor decks; industrial consumable products, such as grinding discs and cut off wheels, adhesives and sealants, drills and drill sets, CRC and ROCOL, and industrial tools; galvanised, hot- and cold-rolled, aluminized, enameled, and colorsteel sheet and coil solutions; and reinforcing, fencing, fence panels, wire, gates, and nail products for use in agricultural, horticultural, and viticultural industries, as well as rural construction sector. Steel & Tube Holdings Limited was incorporated in 1953 and is based in Auckland, New Zealand.

Key Metrics

PE ratio

8.04

PB ratio

1.04

Dividend yield

6.93%

Beta

1.23

Market cap

-

Enterprise value

-

Company profile

Industry / SectorSteel / Basic Materials
Full time employees870
Websitehttps://steelandtube.co.nz
Mailing address7 Bruce Roderick Drive East Tamaki Auckland 2013 New Zealand
Phone / Fax64 4 570 5000 / 64 4 570 2453

Dividends

Dividend yield

6.93%

Dividend amount

$0.09

Payout ratio

28.48%

Steel & Tube Holdings Limited paid $0.09 dividend and the ex-dividend date was 10 Mar 2022.The dividend payout ratio is 28.48%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.STU dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

STU's forward dividend amount is $0.11 and the forward dividend yield is 8.66%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Steel & Tube Holdings Limited.

NameTitleAgeTotal Pay
Mr. Mark Roy Malpass B.E., BE Mech Hons, M.B.A., MBA, NZCEChief Exec. Officer994.25k
Mr. Richard Stephen SmythCFO & Company Sec.
John GordonLegal Counsel
Ms. Anna MorrisGen. Mang. of People & Culture
Mr. Mike HendryChief Digital Officer

Profitability and management effectiveness

Profit margin

4.93%

Operating margin

6.17%

Return on assets

5.77%

Return on equity

13.62%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Steel & Tube Holdings Limited is and its enterprise value is .

The STU's stocks Beta value is 1.23 making it 23% more volatile compared to NZX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Steel & Tube Holdings Limited (NZX:STU) Frequently Asked Questions

1. What is Steel & Tube Holdings Limited's Stock Symbol?

Steel & Tube Holdings Limited trades on NZX under the ticker symbol "STU".

2. What is Steel & Tube Holdings Limited's stock price today?

One share of STU stock can currently be purchased for approximately $1.32.

3. How can I contact Steel & Tube Holdings Limited?

Steel & Tube Holdings Limited's mailing address is 7 Bruce Roderick Drive East Tamaki Auckland 2013 New Zealand. The company can be reached via phone at 64 4 570 5000.

4. What is Steel & Tube Holdings Limited's official website?

The official website of Steel & Tube Holdings Limited is https://steelandtube.co.nz.