#429USNASDAQ

STLD

Steel Dynamics

$239.14USD

Data as of 2026-10-14

Composite Score55.8Strong

≤−99

Margin of safety−104%Expensive

Fair value$117.30

Target$224.97

Loss chance57%Neutral

SizeLarge cap

SectorMaterials

Dividend0.89%

TypeCommon stock

Price

Pillar breakdown

0–100 percentile rank against the current universe (sector-relative for Quality / Value / Growth / Profitability)

Materials median (n=76)

Quality
Profit margins & asset efficiency
72
Exceptional
Materials median (n=76) 53
Value
Price vs fundamentals
29
Weak
Materials median (n=76) 52
Growth
Revenue & earnings trajectory
27
Weak
Materials median (n=76) 48
Momentum
Recent price strength
72
Exceptional
Materials median (n=76) 49
Health
Balance sheet & solvency
78
Exceptional
Materials median (n=76) 52
Profitability
ROE, ROA, ROIC
64
Strong
Materials median (n=76) 56
Technical
Trend & volatility signals
51
Average
Materials median (n=76) 40
Risk
Volatility & drawdown profile
71
Exceptional
Materials median (n=76) 48

025405570100

Exceptional (70+)Strong (55–70)Average (40–55)Weak (25–40)Poor (<25)

Pillars not shown: Sentiment, ML (Phase 5+).

Risk Summary

Low

Manipulation index

5/100

Composite penalty: −0.50 pts (informational; rank uses raw composite)

Fired components (1)

Accruals momentum (Δ TATA > 0.05 over 3y)[accruals_momentum_high]

Rolls up Phase 4.5 earnings-manipulation defenses (Sloan · Beneish · Dechow · REM · restatement · late-filing · earnings- quality time-series) into a single 0-100 risk index. The soft composite penalty (max 10 pts) is informational only — the ranking uses the raw composite score per project Rule 16.

Fair price check

6 different valuation methods each estimate what STLD should be worth, then we compare to today's price.

Heavily overvalued

Models suggest STLD is far above estimated fair value

Today's price

$239.14

Median fair price

$117.30

-51% vs today's price

Of 6 methods:1 say fair5 say pricey

P/E multiplesFair
thinks it's fairly priced — estimates $224.97, about 6% below today
EV/EBITDAOvervalued
thinks it's expensive — estimates $211.25, about 12% below today
Graham (defensive)Overvalued
thinks it's expensive — estimates $121.06, about 49% below today
P/B multiplesOvervalued
thinks it's expensive — estimates $113.53, about 53% below today
DCF (2-stage)Overvalued
thinks it's expensive — estimates $112.64, about 53% below today
Residual IncomeOvervalued
thinks it's expensive — estimates $86.53, about 64% below today

How to read this: “Cheap” = method's fair price is at least 20% above today. “Fair” = within ±10–20%. “Pricey” = at least 10% below today. Outliers (values more than 5× or less than 0.2× today's price) are excluded.

Fair price ensemble

Median fair: $117.30
Margin of safety(vs fair value): < −99%
Max (ex-outliers): $224.97
Tangible BVPS: $60.19

Accruals momentum

Median of all applicable methods (current price $239.14). Per-method estimates + each method’s cheap/fair/pricey read are in the Fair price check above. Outliers above 5× or below 0.2× current price are excluded from the max but kept in the median. See methodology for the 6-method ensemble + 7 defenses.

Defense layer. Flags mark elevated risk, never confirmed fraud. This model cannot catch every manipulation and decays after publication — weigh it against its stated error rates.

Supporting dataRaw fundamentals & data-quality provenance behind the scores above

Raw fundamentals (SEC EDGAR)

Metric	Value
Market cap	$34.28B
Revenue (TTM)	$20.54B
Net income (TTM)	$1.61B
Operating cash flow (TTM)	$1.57B
CapEx (TTM)	$616.01M
Free cash flow (TTM)CFO − CapEx	$955.56M
Total assets	$17.11B
Total liabilities	$7.75B
Stockholders' equity	$9.42B
Cash & equivalents	$567.71M
Shares outstanding	143.33M
EPS (basic)	$11.21
EPS (diluted)	$11.21
P/E ratio (TTM)	21.33

TTM = trailing twelve months. Balance sheet items are point-in-time (latest filing).

Data quality

Latest filed date: 2026-07-28
Latest period end: 2026-07-23
Filing lag: 78 days
Missing metrics: 1(research_and_development)