Added to YB: 2025-11-17
Pitch date: 2025-11-13
STCM.L [neutral]
Steppe Cement Ltd.
+11.34%
current return
Author Info
Mr Deep-Value spends their days searching for absurdly cheap stocks and hidden value. They write about their best ideas. Sign up for the newsletter.
Company Info
Steppe Cement Ltd., an investment holding company, engages in the production and sale of cement and clinkers in Kazakhstan.
Market Cap
GBP 51.8M
Pitch Price
GBP 0.17
Price Target
27.00 (+14495%)
Dividend
N/A
EV/EBITDA
4.00
P/E
12.86
EV/Sales
0.54
Sector
Construction Materials
Category
dividend
A Boring Business Paying 15% Dividends - Steppe Cement Ltd.
STCM.L (overview): Kazakhstan cement producer since 1953, trading at 0.9x TBV with 50% upside to fair value. 5.5x P/FCF, ~15% dividend yield, $14M cash vs $7M prior. Record clinker production, +21% Q3 revenue growth. Risk: 57% concentrated ownership could force delisting/buyout of minorities at low prices.
Read full article (6 min)