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Public Joint Stock Company "Novolipetsk Steel" is currently in a long term uptrend where the price is trading 5.2% above its 200 day moving average.
From a valuation standpoint, the stock is 99.2% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 2.0.
Public Joint Stock Company "Novolipetsk Steel"'s total revenue rose by 3.2% to $2B since the same quarter in the previous year.
Its net income has increased by 179.0% to $558M since the same quarter in the previous year.
Finally, its free cash flow fell by 28.5% to $251M since the same quarter in the previous year.
Based on the above factors, Public Joint Stock Company "Novolipetsk Steel" gets an overall score of 4/5.
ISIN | US67011E2046 |
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Industry | Steel |
Sector | Basic Materials |
CurrencyCode | EUR |
Exchange | F |
PE Ratio | 1.73 |
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Dividend Yield | 48.% |
Target Price | 34.25 |
Beta | 1.07 |
Market Cap | 9B |
Public Joint Stock Company Novolipetsk Steel, together with its subsidiaries, manufactures and sells steel products. It operates through six segments: Mining, Russian Flat Products, Russian Long Products, NLMK USA, NLMK DanSteel and Plates Distribution Network, and Investments in NBH. The Mining segment mines, processes, and sells iron ore, fluxing limestone, and metallurgical dolomite, as well as supplies raw materials to the steel segment and third parties. The Russian Flat Products segment produces and sells coke and steel products, such as pig iron, steel slabs, hot rolled steel, cold rolled steel, galvanized cold rolled sheets, and cold rolled sheets with polymeric coatings, as well as electro-technical steel. The Russian Long Products segment produces long products, reinforcing rebars, and metalware from scrap iron collection and recycling. The NLMK USA segment produces and sells steel products in the United States. The NLMK DanSteel and Plates Distribution Network segment produces and sells steel plates in Europe and internationally. The Investments in NBH segment produces hot rolled and cold rolled coils, plates, and galvanized and pre-pained steel products, as well as operates steel service centers. The company's products are used in oil and gas infrastructure, automotive, truck, railroad transportation, mining machinery, agriculture machinery, shipbuilding, special equipment, construction, white good, and energy equipment applications. It has operations in Russia, North America, the European Union, the Middle East, Commonwealth of Independent States, Central and South America, Asia, Oceania, and internationally. The company was founded in 1931 and is based in Lipetsk, Russia. Public Joint Stock Company Novolipetsk Steel is a subsidiary of Fletcher Group Holdings Limited.
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