United States Steel Corp (X) – Efforts are being made for the future of innovation

United States Steel Corp (X) (Q2FY23)

Stock Performance: Over the past 3 years, United States Steel generated returns of 298% where the stock price surged from $7.96 in Sep 21, 2020 to $31.66 in Sep 19, 2023. The stock had a 200-Day Moving Average of $26.09 and a 50-Day Moving Average of $27.82.

In the past 1 year, X delivered returns of 74% where the stock price increased from $18.2 in Sep 26, 2022 to $31.66 in Sep 19, 2023. The stock had a 52 Week High of $32.52 and a 52 Week Low of $17.89.

Over the past 3 months, X’s price increased by 35% from $23.39 in Jun 21, 2023 to $31.66 in Sep 19, 2023.

Quarter Performance: In Q2FY23, X’s revenue declined by -20% to $5bn from $6.29bn in Q2FY22 and the COGS decreased by -11% to $4.16bn from $4.66bn in the same period.

In Q2FY23, Net income of the company decreased by -51% to $477mn from $978mn in Q2FY22 and the EPS declined by -45% to $1.88 from $3.41 in Q2FY22.

Highlights

United States Steel Corp continues to face challenges, despite the company is making progress on transitioning to a less cost, less capital and less carbon intensive business model to become the best steel competitor.

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Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– Economic Value Added Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Price Performance

Crispidea Coverage

No of Pages: 33

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