SunCoke Energy, Inc. (SXC) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+41.6%

$16.13

vs $11.39 price

Levered DCF

$18.18

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

1.78

Distress zone

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-13.85×	9.47×	15.79×	7.19×	12.67×	108.75×	-3.15×	21.38×
P/B	1.03×	1.34×	1.48×	1.23×	1.1×	0.77×	0.97×	1.19×
P/S	0.34×	0.47×	0.44×	0.37×	0.38×	0.27×	0.3×	0.38×
EV / EBITDA	10.73×	4.52×	4.71×	3.93×	4.52×	4.75×	1,167.16×	4.79×
Gross margin	7.1%	17.2%	16.4%	18.6%	23.2%	21.4%	20.2%	22.5%
Operating margin	3.5%	7.8%	6.1%	7.8%	9.7%	5.2%	-9.0%	8.2%
Net margin	-2.4%	5.0%	2.8%	5.1%	3.0%	0.3%	-9.5%	1.8%
Current ratio	2.11×	2.31×	1.86×	1.67×	1.49×	1.45×	1.58×	1.96×
Debt / equity	1.15×	0.74×	0.8×	0.91×	1.24×	1.45×	1.6×	1.81×
Interest coverage	2.02×	6.49×	4.58×	4.8×	3.33×	1.24×	-2.39×	1.93×
Dividend yield	6.7%	4.1%	3.4%	3.3%	3.7%	5.5%	1.1%	0.0%
Payout ratio	-93.7%	39.2%	53.4%	23.4%	46.3%	537.8%	-3.3%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-7.4%	14.1%	9.4%	17.2%	8.7%	0.8%	-31.0%	5.7%
Return on invested capital	2.2%	8.4%	5.6%	9.2%	7.1%	2.2%	-6.7%	5.8%
Return on assets	-2.5%	5.7%	3.5%	6.1%	2.7%	0.2%	-8.7%	1.3%
Free cash flow yield	6.9%	10.5%	15.4%	18.4%	24.6%	23.2%	15.0%	15.5%
Earnings yield	-7.2%	10.5%	6.3%	13.9%	7.9%	1.0%	-31.8%	4.7%
Enterprise value	$1.2B	$1.2B	$1.3B	$1.2B	$1.1B	$992.6M	$1.2B	$1.2B
Net debt / EBITDA	5.28×	1.16×	1.32×	1.49×	2.27×	3.02×	688.7×	2.66×
Cash conversion cycle (days)	40	25	18	23	20	22	15	18