Steel Connect Stock Performance
| STCN Stock | USD 10.03 0.03 0.30% |
The entity has a beta of 0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Steel Connect's returns are expected to increase less than the market. However, during the bear market, the loss of holding Steel Connect is expected to be smaller as well. At this point, Steel Connect has a negative expected return of -0.23%. Please make sure to validate Steel Connect's maximum drawdown, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Steel Connect performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Steel Connect has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's fundamental indicators remain very healthy which may send shares a bit higher in December 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Actual Historical Performance (%)
One Day Return 1.42 | Five Day Return (0.30) | Year To Date Return 2.56 | Ten Year Return (68.02) | All Time Return (35.73) |
Last Split Factor 375:3500 | Ex Dividend Date 2011-03-15 | Last Split Date 2023-06-22 |
1 | Acquisition by Steel Partners Holdings L.p. of 439673 shares of Steel Connect at 12.0 subject to Rule 16b-3 | 08/30/2024 |
2 | Disposition of tradable shares by Steel Partners Holdings L.p. of Steel Connect at 22.16 subject to Rule 16b-3 | 09/03/2024 |
3 | Steel Connect Recent Insider Activity | 09/05/2024 |
4 | DMC Global Board Responds to Steel Connect - StockTitan | 09/19/2024 |
5 | Acquisition by Fenton Jeffrey J of 2304 shares of Steel Connect subject to Rule 16b-3 | 10/01/2024 |
6 | Acquisition by Simril Renata of 2304 shares of Steel Connect subject to Rule 16b-3 | 10/10/2024 |
7 | Steel Connect Stock Plunges Over 6 percent Amid Market Volatility | 11/01/2024 |
8 | Steel Connect Inc Q4 Earnings Net Revenue Rises 12.4 percent to 45.9M, Net Income Falls 19. ... | 11/06/2024 |
| Begin Period Cash Flow | 123.4 M |
Steel |
Steel Connect Relative Risk vs. Return Landscape
If you would invest 1,196 in Steel Connect on August 27, 2024 and sell it today you would lose (193.00) from holding Steel Connect or give up 16.14% of portfolio value over 90 days. Steel Connect is currently does not generate positive expected returns and assumes 3.105% risk (volatility on return distribution) over the 90 days horizon. In different words, 27% of stocks are less volatile than Steel, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Steel Connect Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Steel Connect's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Steel Connect, and traders can use it to determine the average amount a Steel Connect's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.073
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| Negative Returns | STCN |
Estimated Market Risk
| 3.11 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Steel Connect is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Steel Connect by adding Steel Connect to a well-diversified portfolio.
Steel Connect Fundamentals Growth
Steel Stock prices reflect investors' perceptions of the future prospects and financial health of Steel Connect, and Steel Connect fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Steel Stock performance.
| Return On Equity | 0.25 | ||||
| Return On Asset | 0.0104 | ||||
| Profit Margin | 0.51 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 86.63 M | ||||
| Shares Outstanding | 6.34 M | ||||
| Price To Earning | 3.87 X | ||||
| Price To Book | 0.41 X | ||||
| Price To Sales | 0.36 X | ||||
| Revenue | 174.11 M | ||||
| Gross Profit | 42.74 M | ||||
| EBITDA | 7.46 M | ||||
| Net Income | 87.98 M | ||||
| Cash And Equivalents | 49.91 M | ||||
| Cash Per Share | 0.84 X | ||||
| Total Debt | 33.96 M | ||||
| Debt To Equity | 1.25 % | ||||
| Current Ratio | 1.25 X | ||||
| Book Value Per Share | 24.67 X | ||||
| Cash Flow From Operations | 21.85 M | ||||
| Earnings Per Share | 3.11 X | ||||
| Market Capitalization | 63.55 M | ||||
| Total Asset | 485.63 M | ||||
| Retained Earnings | 93.46 M | ||||
| Working Capital | 251.52 M | ||||
About Steel Connect Performance
By examining Steel Connect's fundamental ratios, stakeholders can obtain critical insights into Steel Connect's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Steel Connect is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 19.56 | 29.93 | |
| Return On Tangible Assets | 0.20 | 0.21 | |
| Return On Capital Employed | 0.02 | 0.02 | |
| Return On Assets | 0.18 | 0.19 | |
| Return On Equity | 0.56 | 0.58 |
Things to note about Steel Connect performance evaluation
Checking the ongoing alerts about Steel Connect for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Steel Connect help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Steel Connect generated a negative expected return over the last 90 days | |
| Steel Connect has high historical volatility and very poor performance | |
| Steel Connect is unlikely to experience financial distress in the next 2 years | |
| Steel Connect has a poor financial position based on the latest SEC disclosures | |
| About 67.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Steel Connect Inc Q4 Earnings Net Revenue Rises 12.4 percent to 45.9M, Net Income Falls 19. ... |
- Analyzing Steel Connect's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Steel Connect's stock is overvalued or undervalued compared to its peers.
- Examining Steel Connect's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Steel Connect's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Steel Connect's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Steel Connect's stock. These opinions can provide insight into Steel Connect's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steel Connect. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Steel Stock, please use our How to Invest in Steel Connect guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Data Processing & Outsourced Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Steel Connect. If investors know Steel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Steel Connect listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.20) | Earnings Share 3.11 | Revenue Per Share 28.001 | Quarterly Revenue Growth 0.124 | Return On Assets 0.0104 |
The market value of Steel Connect is measured differently than its book value, which is the value of Steel that is recorded on the company's balance sheet. Investors also form their own opinion of Steel Connect's value that differs from its market value or its book value, called intrinsic value, which is Steel Connect's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Steel Connect's market value can be influenced by many factors that don't directly affect Steel Connect's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Steel Connect's value and its price as these two are different measures arrived at by different means. Investors typically determine if Steel Connect is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steel Connect's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.