TIMKENSTEEL CORP (TMST) Stock Fundamental Analysis
USA - NYSE:TMST - US8873991033 - Common Stock
20.4 USD
+0.21 (+1.04%)
20.4 USD
0 (0%)
TMST gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 156 industry peers in the Metals & Mining industry. TMST has an excellent financial health rating, but there are some minor concerns on its profitability. TMST is cheap, but on the other hand it scores bad on growth. This makes TMST very considerable for value investing!
1. Profitability
1.1 Basic Checks
In the past year TMST was profitable.
TMST had a positive operating cash flow in the past year.
In multiple years TMST reported negative net income over the last 5 years.
TMST had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of TMST (5.90%) is better than 78.34% of its industry peers.
The Return On Equity of TMST (9.49%) is better than 77.71% of its industry peers.
TMST has a Return On Invested Capital of 7.54%. This is in the better half of the industry: TMST outperforms 73.89% of its industry peers.
TMST had an Average Return On Invested Capital over the past 3 years of 7.32%. This is significantly below the industry average of 12.92%.
The last Return On Invested Capital (7.54%) for TMST is above the 3 year average (7.32%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.9% | ||
| ROE | 9.49% | ||
| ROIC | 7.54% |
ROA(3y)8.89%
ROA(5y)2.06%
ROE(3y)14.9%
ROE(5y)2.59%
ROIC(3y)7.32%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of TMST (5.09%) is better than 70.06% of its industry peers.
TMST's Operating Margin of 7.48% is fine compared to the rest of the industry. TMST outperforms 61.78% of its industry peers.
In the last couple of years the Operating Margin of TMST has grown nicely.
Looking at the Gross Margin, with a value of 13.69%, TMST is in line with its industry, outperforming 49.04% of the companies in the same industry.
TMST's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.48% | ||
| PM (TTM) | 5.09% | ||
| GM | 13.69% |
OM growth 3YN/A
OM growth 5Y33.51%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y93.89%
GM growth 5Y11.73%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TMST is destroying value.
TMST has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, TMST has less shares outstanding
Compared to 1 year ago, TMST has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.99 indicates that TMST is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.99, TMST is in line with its industry, outperforming 59.87% of the companies in the same industry.
The Debt to FCF ratio of TMST is 0.18, which is an excellent value as it means it would take TMST, only 0.18 years of fcf income to pay off all of its debts.
TMST has a better Debt to FCF ratio (0.18) than 91.72% of its industry peers.
A Debt/Equity ratio of 0.02 indicates that TMST is not too dependend on debt financing.
TMST's Debt to Equity ratio of 0.02 is fine compared to the rest of the industry. TMST outperforms 68.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.18 | ||
| Altman-Z | 2.99 |
ROIC/WACC0.86
WACC8.73%
2.3 Liquidity
TMST has a Current Ratio of 2.64. This indicates that TMST is financially healthy and has no problem in meeting its short term obligations.
TMST's Current ratio of 2.64 is in line compared to the rest of the industry. TMST outperforms 52.87% of its industry peers.
A Quick Ratio of 1.73 indicates that TMST should not have too much problems paying its short term obligations.
TMST has a Quick ratio (1.73) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.64 | ||
| Quick Ratio | 1.73 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 36.18% over the past year.
Looking at the last year, TMST shows a small growth in Revenue. The Revenue has grown by 2.44% in the last year.
TMST shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.29% yearly.
EPS 1Y (TTM)36.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%104.24%
Revenue 1Y (TTM)2.44%
Revenue growth 3Y17.93%
Revenue growth 5Y-3.29%
Sales Q2Q%33.7%
3.2 Future
Based on estimates for the next years, TMST will show a small growth in Earnings Per Share. The EPS will grow by 6.55% on average per year.
Based on estimates for the next years, TMST will show a small growth in Revenue. The Revenue will grow by 3.82% on average per year.
EPS Next Y-1.1%
EPS Next 2Y6.55%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.87%
Revenue Next 2Y3.82%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
TMST is valuated correctly with a Price/Earnings ratio of 13.88.
Based on the Price/Earnings ratio, TMST is valued cheaper than 80.89% of the companies in the same industry.
TMST is valuated rather cheaply when we compare the Price/Earnings ratio to 27.38, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 11.09, which indicates a very decent valuation of TMST.
TMST's Price/Forward Earnings ratio is rather cheap when compared to the industry. TMST is cheaper than 83.44% of the companies in the same industry.
TMST's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.88 | ||
| Fwd PE | 11.09 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TMST indicates a rather cheap valuation: TMST is cheaper than 91.72% of the companies listed in the same industry.
84.71% of the companies in the same industry are more expensive than TMST, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.94 | ||
| EV/EBITDA | 3.78 |
4.3 Compensation for Growth
TMST has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y6.55%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for TMST!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
20.4
+0.21 (+1.04%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners82.12%
Inst Owner Change-0.77%
Ins Owners2.73%
Ins Owner Change0%
Market Cap880.26M
Analysts43.33
Price Target28.56 (40%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-1.59%
Min Revenue beat(2)-1.62%
Max Revenue beat(2)-1.55%
Revenue beat(4)1
Avg Revenue beat(4)-1.05%
Min Revenue beat(4)-2.21%
Max Revenue beat(4)1.17%
Revenue beat(8)2
Avg Revenue beat(8)-4.13%
Revenue beat(12)5
Avg Revenue beat(12)-1.5%
Revenue beat(16)5
Avg Revenue beat(16)-4.36%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-6.08%
EPS NY rev (3m)-4.59%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.84%
Revenue NY rev (3m)-0.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.88 | ||
| Fwd PE | 11.09 | ||
| P/S | 0.65 | ||
| P/FCF | 11.94 | ||
| P/OCF | 7.03 | ||
| P/B | 1.2 | ||
| P/tB | 1.21 | ||
| EV/EBITDA | 3.78 |
EPS(TTM)1.47
EY7.21%
EPS(NY)1.84
Fwd EY9.02%
FCF(TTM)1.71
FCFY8.37%
OCF(TTM)2.9
OCFY14.23%
SpS31.57
BVpS16.95
TBVpS16.89
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.9% | ||
| ROE | 9.49% | ||
| ROCE | 10.99% | ||
| ROIC | 7.54% | ||
| ROICexc | 10.74% | ||
| ROICexgc | 10.79% | ||
| OM | 7.48% | ||
| PM (TTM) | 5.09% | ||
| GM | 13.69% | ||
| FCFM | 5.41% |
ROA(3y)8.89%
ROA(5y)2.06%
ROE(3y)14.9%
ROE(5y)2.59%
ROIC(3y)7.32%
ROIC(5y)N/A
ROICexc(3y)10.21%
ROICexc(5y)N/A
ROICexgc(3y)10.29%
ROICexgc(5y)N/A
ROCE(3y)10.88%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y40.86%
ROICexc growth 3YN/A
ROICexc growth 5Y41.23%
OM growth 3YN/A
OM growth 5Y33.51%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y93.89%
GM growth 5Y11.73%
F-Score6
Asset Turnover1.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.18 | ||
| Debt/EBITDA | 0.08 | ||
| Cap/Depr | 90.69% | ||
| Cap/Sales | 3.79% | ||
| Interest Coverage | 48.52 | ||
| Cash Conversion | 78.9% | ||
| Profit Quality | 106.2% | ||
| Current Ratio | 2.64 | ||
| Quick Ratio | 1.73 | ||
| Altman-Z | 2.99 |
F-Score6
WACC8.73%
ROIC/WACC0.86
Cap/Depr(3y)52.17%
Cap/Depr(5y)46.47%
Cap/Sales(3y)2.26%
Cap/Sales(5y)2.39%
Profit Quality(3y)126.4%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)36.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%104.24%
EPS Next Y-1.1%
EPS Next 2Y6.55%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)2.44%
Revenue growth 3Y17.93%
Revenue growth 5Y-3.29%
Sales Q2Q%33.7%
Revenue Next Year1.87%
Revenue Next 2Y3.82%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y92.63%
EBIT growth 3YN/A
EBIT growth 5Y29.11%
EBIT Next Year58.45%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-31.38%
FCF growth 3Y-22.22%
FCF growth 5YN/A
OCF growth 1Y-6.84%
OCF growth 3Y-10.28%
OCF growth 5Y46.61%