STEEL EXCEL, INC.

NDQ--SXCL

RECENT
PRICE

RELATIVE
DIVD
P/E RATIO NMF P/E RATIO NMF YLD
13.43 TRAILING
30.40
22.70

RANKS

3
3

PERFORMANCE
Technical
SAFETY
BETA NMF

Short
History

29.95
24.50

50.00
23.01

25.49
12.47

High
Low

LEGENDS
12 Mos Mov Avg

Average
Average

28.50
23.25

VALUE
LINE

Nil

45

. . . . Rel Price Strength

30
22.5

Shaded area indicates recession

(1.00 = Market)

13
9

Financial Strength

NMF

Price Stability

NMF

4
3

Price Growth Persistence NMF

Earnings Predictability

200

NMF

VOL.
(thous.)

VALUE LINE PUBLISHING LLC

2007

2008

2009

2010

2011

2012

2013

2014

2015

------------------------

------------------------

------------------------

------------------------

.24
.24
d.01
-.01
32.27
10.89
---2.6
NMF
2.8
d.1
-NMF
324.1
-351.5
NMF
NMF
NMF
--

7.76
3.02
1.83
-.92
33.46
12.91
---100.1
22.7%
16.7
22.2
-22.2%
276.2
10.0
431.9
5.1%
5.1%
5.1%
--

10.00
2.98
1.31
-.74
35.35
12.01
---120.0
18.1%
19.2
16.5
-13.8%
251.2
79.9
424.3
3.4%
3.9%
3.9%
--

18.42
3.23
1.08
-1.40
31.35
11.41
---210.1
17.8%
24.2
12.6
-6.0%
197.3
66.2
357.5
3.3%
3.5%
3.5%
--

--NA
----NA
----------------

REVENUES PER SH
CASH FLOW PER SH
EARNINGS PER SH
DIVDS DECLD PER SH
CAPL SPENDING PER SH
BOOK VALUE PER SH
COMMON SHS OUTSTG (MILL)
AVG ANNL P/E RATIO
RELATIVE P/E RATIO
AVG ANNL DIVD YIELD
REVENUES ($MILL)
OPERATING MARGIN
DEPRECIATION ($MILL)
NET PROFIT ($MILL)
INCOME TAX RATE
NET PROFIT MARGIN
WORKING CAPL ($MILL)
LONG-TERM DEBT ($MILL)
SHR. EQUITY ($MILL)
RETURN ON TOTAL CAPL
RETURN ON SHR. EQUITY
RETAINED TO COM EQ
ALL DIVDS TO NET PROF

2016/2017

NA/NA

NA/NA

Bold figures
are consensus
earnings
estimates
and, using the
recent prices,
P/E ratios.

Note: No analyst estimates available.

ANNUAL RATES
of change (per share)
Sales
Cash Flow
Earnings
Dividends
Book Value
Fiscal
Year
12/31/13
12/31/14
12/31/15
12/31/16
Fiscal
Year
12/31/12
12/31/13
12/31/14
12/31/15
12/31/16
Calendar

5 Yrs.
------

QUARTERLY SALES ($mill.)

1Q
2Q
3Q
4Q
26.3
45.1
38.9

28.8
51.9
35.6

31.4
58.6
33.5

2013
252.1
24.9
.0
4.6
281.6

2014
190.4
28.0
.0
27.2
245.6

9/30/15
196.4
14.1
.0
27.5
238.0

Property, Plant
& Equip, at cost
Accum Depreciation
120.0 Net Property
210.1 Other
Total Assets

124.6
18.2
106.4
150.0
538.0

139.8
32.6
107.2
126.6
479.4

--99.7
101.4
439.1

LIABILITIES ($mill.)
Accts Payable
Debt Due
Other
Current Liab

4.5
14.0
11.9
30.4

3.9
13.6
30.8
48.3

2.7
13.2
31.7
47.6

1 Yr.
84.5%
8.5%
-17.5%
--11.5%

33.5
54.5

Full
Year

EARNINGS PER SHARE

1Q
2Q
3Q
4Q

Full
Year

d.17
.26
.37
d.63

1.83
1.31
1.08

.19
.09
.73
.37

.41
.23
d.10
d1.27

1.40
.75
.01

QUARTERLY DIVIDENDS PAID

1Q
2Q
3Q
4Q

2013
2014
2015
2016

----

----

----

----

Full
Year
----

to Buy
to Sell
Hlds(000)

2Q15
1
-351

LONG-TERM DEBT AND EQUITY

as of 9/30/15
Total Debt $69.4 mill.
LT Debt $56.2 mill.
Including Cap. Leases NA

Due in 5 Yrs. NA

(14% of Capl)
Leases, Uncapitalized Annual rentals NA

INDUSTRY: Diversified Co.

BUSINESS: Steel Excel, Inc., through its wholly-owned
subsidiary, engages in the energy and sports business
activities in the United States. The Energy segment provides
various services to exploration and production companies in
the oil and gas business. The services provided include well
completion and recompletion, well maintenance and workover, snubbing, flow testing, down hole pumping, plug and
abatement, and rental of auxiliary equipment. The companys business primarily provided its services to customers
extraction and production operations in North Dakota and
Montana in the Bakken basin, and to a lesser extent serviced
customers in Colorado and Wyoming in the Niobrara basin.
Its Sports segment offers baseball facility services, including tournaments, field rentals, camps, and player and umpire
instruction; soccer camps and leagues; and strength and
conditioning services. Steel Excel, Inc. was founded in 1981
and is headquartered in White Plains, New York. Has 923
employees. Chairman: Warren G. Lichtenstein. Address:
1133 Westchester Avenue, Suite N222, White Plains, NY
10604.
Tel.:
(914)
461-1300.
Internet:
N.A.
http://www.steelexcel.com.
January 8, 2016

Pension Liability None in 14 vs. None in 13

INSTITUTIONAL DECISIONS
1Q15
1
-268

ASSETS ($mill.)
Cash Assets
Receivables
Inventory
Other
Current Assets

3Q15
15
2
10378

Pfd Stock None

Pfd Divd Paid None

Common Stock 11,352,000 shares

(86% of Capl)

TOTAL SHAREHOLDER RETURN

Dividends plus appreciation as of 11/30/2015

3 Mos.

6 Mos.

1 Yr.

3 Yrs.

5 Yrs.

-26.68%

-26.90%

-51.27%

-41.05%

--

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