UNIVERSAL STAINLESS & ALLOY (USAP) Stock Fundamental Analysis
NASDAQ:USAP - Nasdaq - US9138371003 - Common Stock - Currency: USD
Overall USAP gets a fundamental rating of 5 out of 10. We evaluated USAP against 151 industry peers in the Metals & Mining industry. USAP has an average financial health and profitability rating. USAP has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
USAP had positive earnings in the past year.
In the past year USAP had a positive cash flow from operations.
In multiple years USAP reported negative net income over the last 5 years.
In multiple years USAP reported negative operating cash flow during the last 5 years.
1.2 Ratios
USAP's Return On Assets of 7.17% is amongst the best of the industry. USAP outperforms 81.38% of its industry peers.
With a decent Return On Equity value of 10.52%, USAP is doing good in the industry, outperforming 78.62% of the companies in the same industry.
With an excellent Return On Invested Capital value of 9.28%, USAP belongs to the best of the industry, outperforming 82.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.17% | ||
| ROE | 10.52% | ||
| ROIC | 9.28% |
ROA(3y)-0.36%
ROA(5y)-1.24%
ROE(3y)-0.62%
ROE(5y)-1.7%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
USAP's Profit Margin of 8.14% is fine compared to the rest of the industry. USAP outperforms 78.62% of its industry peers.
In the last couple of years the Profit Margin of USAP has declined.
Looking at the Operating Margin, with a value of 11.59%, USAP is in the better half of the industry, outperforming 68.28% of the companies in the same industry.
USAP's Operating Margin has declined in the last couple of years.
USAP has a Gross Margin of 21.62%. This is comparable to the rest of the industry: USAP outperforms 57.93% of its industry peers.
USAP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.59% | ||
| PM (TTM) | 8.14% | ||
| GM | 21.62% |
OM growth 3YN/A
OM growth 5Y-5.23%
PM growth 3YN/A
PM growth 5Y-16.31%
GM growth 3YN/A
GM growth 5Y-0.33%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so USAP is destroying value.
The number of shares outstanding for USAP has been increased compared to 1 year ago.
Compared to 5 years ago, USAP has more shares outstanding
USAP has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.44 indicates that USAP is not in any danger for bankruptcy at the moment.
USAP has a better Altman-Z score (4.44) than 66.90% of its industry peers.
USAP has a debt to FCF ratio of 3.64. This is a good value and a sign of high solvency as USAP would need 3.64 years to pay back of all of its debts.
USAP's Debt to FCF ratio of 3.64 is fine compared to the rest of the industry. USAP outperforms 72.41% of its industry peers.
A Debt/Equity ratio of 0.26 indicates that USAP is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.26, USAP perfoms like the industry average, outperforming 41.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 3.64 | ||
| Altman-Z | 4.44 |
ROIC/WACC0.83
WACC11.17%
2.3 Liquidity
A Current Ratio of 4.38 indicates that USAP has no problem at all paying its short term obligations.
USAP has a Current ratio of 4.38. This is in the better half of the industry: USAP outperforms 77.93% of its industry peers.
USAP has a Quick Ratio of 1.35. This is a normal value and indicates that USAP is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of USAP (1.35) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.38 | ||
| Quick Ratio | 1.35 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 1694.12% over the past year.
The earnings per share for USAP have been decreasing by -16.94% on average. This is quite bad
USAP shows a strong growth in Revenue. In the last year, the Revenue has grown by 24.80%.
USAP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.24% yearly.
EPS 1Y (TTM)1694.12%
EPS 3YN/A
EPS 5Y-16.94%
EPS Q2Q%455%
Revenue 1Y (TTM)24.8%
Revenue growth 3Y16.75%
Revenue growth 5Y2.24%
Sales Q2Q%22.47%
3.2 Future
The Earnings Per Share is expected to grow by 156.90% on average over the next years. This is a very strong growth
Based on estimates for the next years, USAP will show a small growth in Revenue. The Revenue will grow by 6.33% on average per year.
EPS Next Y546%
EPS Next 2Y156.9%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year16.33%
Revenue Next 2Y6.33%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 16.60 indicates a correct valuation of USAP.
73.10% of the companies in the same industry are more expensive than USAP, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 29.35. USAP is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 13.37, USAP is valued correctly.
USAP's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. USAP is cheaper than 67.59% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.10. USAP is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.6 | ||
| Fwd PE | 13.37 |
4.2 Price Multiples
USAP's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. USAP is cheaper than 66.90% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, USAP is valued a bit cheaper than 75.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.03 | ||
| EV/EBITDA | 8.35 |
4.3 Compensation for Growth
USAP's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
USAP's earnings are expected to grow with 156.90% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.03
PEG (5Y)N/A
EPS Next 2Y156.9%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for USAP!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
44.99
+0.41 (+0.92%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners66.11%
Inst Owner Change17.17%
Ins Owners6.18%
Ins Owner Change-516.56%
Market Cap418.86M
Analysts43.33
Price Target46.92 (4.29%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)38.19%
Min EPS beat(2)6.69%
Max EPS beat(2)69.68%
EPS beat(4)3
Avg EPS beat(4)22.71%
Min EPS beat(4)-17.28%
Max EPS beat(4)69.68%
EPS beat(8)7
Avg EPS beat(8)31.78%
EPS beat(12)8
Avg EPS beat(12)11.84%
EPS beat(16)10
Avg EPS beat(16)11.48%
Revenue beat(2)2
Avg Revenue beat(2)1.25%
Min Revenue beat(2)0.95%
Max Revenue beat(2)1.54%
Revenue beat(4)2
Avg Revenue beat(4)-0.47%
Min Revenue beat(4)-3.81%
Max Revenue beat(4)1.54%
Revenue beat(8)4
Avg Revenue beat(8)0.96%
Revenue beat(12)6
Avg Revenue beat(12)0.51%
Revenue beat(16)7
Avg Revenue beat(16)-1.25%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)43.75%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.12%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.05%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.6 | ||
| Fwd PE | 13.37 | ||
| P/S | 1.28 | ||
| P/FCF | 22.03 | ||
| P/OCF | 11.39 | ||
| P/B | 1.65 | ||
| P/tB | 1.65 | ||
| EV/EBITDA | 8.35 |
EPS(TTM)2.71
EY6.02%
EPS(NY)3.37
Fwd EY7.48%
FCF(TTM)2.04
FCFY4.54%
OCF(TTM)3.95
OCFY8.78%
SpS35.17
BVpS27.2
TBVpS27.2
PEG (NY)0.03
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.17% | ||
| ROE | 10.52% | ||
| ROCE | 11.74% | ||
| ROIC | 9.28% | ||
| ROICexc | 9.28% | ||
| ROICexgc | 9.28% | ||
| OM | 11.59% | ||
| PM (TTM) | 8.14% | ||
| GM | 21.62% | ||
| FCFM | 5.81% |
ROA(3y)-0.36%
ROA(5y)-1.24%
ROE(3y)-0.62%
ROE(5y)-1.7%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-4.38%
ROICexc growth 3YN/A
ROICexc growth 5Y-4.38%
OM growth 3YN/A
OM growth 5Y-5.23%
PM growth 3YN/A
PM growth 5Y-16.31%
GM growth 3YN/A
GM growth 5Y-0.33%
F-Score8
Asset Turnover0.88
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 3.64 | ||
| Debt/EBITDA | 1.12 | ||
| Cap/Depr | 86.51% | ||
| Cap/Sales | 5.43% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 62.9% | ||
| Profit Quality | 71.33% | ||
| Current Ratio | 4.38 | ||
| Quick Ratio | 1.35 | ||
| Altman-Z | 4.44 |
F-Score8
WACC11.17%
ROIC/WACC0.83
Cap/Depr(3y)62.34%
Cap/Depr(5y)64.96%
Cap/Sales(3y)5.89%
Cap/Sales(5y)5.98%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1694.12%
EPS 3YN/A
EPS 5Y-16.94%
EPS Q2Q%455%
EPS Next Y546%
EPS Next 2Y156.9%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)24.8%
Revenue growth 3Y16.75%
Revenue growth 5Y2.24%
Sales Q2Q%22.47%
Revenue Next Year16.33%
Revenue Next 2Y6.33%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y555.2%
EBIT growth 3YN/A
EBIT growth 5Y-3.1%
EBIT Next Year348.63%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y154.35%
FCF growth 3Y-5.9%
FCF growth 5Y58.5%
OCF growth 1Y289.52%
OCF growth 3Y1.95%
OCF growth 5Y8.72%