WORTHINGTON STEEL INC (WS) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:WS • US9821041012
46.46 USD
+2.05 (+4.62%)
At close: Feb 4, 2026
46.46 USD
0 (0%)
After Hours: 2/4/2026, 8:04:00 PM
WS gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 157 industry peers in the Metals & Mining industry. WS has an average financial health and profitability rating. WS is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year WS was profitable.
- WS had a positive operating cash flow in the past year.
- WS had positive earnings in each of the past 5 years.
- Each year in the past 5 years WS had a positive operating cash flow.
1.2 Ratios
- WS has a better Return On Assets (5.80%) than 75.80% of its industry peers.
- WS has a Return On Equity of 11.15%. This is in the better half of the industry: WS outperforms 77.71% of its industry peers.
- The Return On Invested Capital of WS (8.03%) is better than 70.70% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for WS is in line with the industry average of 10.48%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.8% | ||
| ROE | 11.15% | ||
| ROIC | 8.03% |
ROA(3y)6.29%
ROA(5y)8.01%
ROE(3y)11.49%
ROE(5y)15.25%
ROIC(3y)9.34%
ROIC(5y)12.06%
1.3 Margins
- With a decent Profit Margin value of 3.82%, WS is doing good in the industry, outperforming 65.61% of the companies in the same industry.
- WS's Profit Margin has declined in the last couple of years.
- With a Operating Margin value of 5.17%, WS perfoms like the industry average, outperforming 57.96% of the companies in the same industry.
- WS's Operating Margin has been stable in the last couple of years.
- WS has a Gross Margin (12.76%) which is comparable to the rest of the industry.
- WS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.17% | ||
| PM (TTM) | 3.82% | ||
| GM | 12.76% |
OM growth 3Y-1.36%
OM growth 5YN/A
PM growth 3Y-6.89%
PM growth 5YN/A
GM growth 3Y8.93%
GM growth 5YN/A
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so WS is destroying value.
- Compared to 1 year ago, WS has more shares outstanding
- Compared to 1 year ago, WS has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 3.48 indicates that WS is not in any danger for bankruptcy at the moment.
- WS has a Altman-Z score (3.48) which is in line with its industry peers.
- WS has a debt to FCF ratio of 2.62. This is a good value and a sign of high solvency as WS would need 2.62 years to pay back of all of its debts.
- WS's Debt to FCF ratio of 2.62 is fine compared to the rest of the industry. WS outperforms 76.43% of its industry peers.
- WS has a Debt/Equity ratio of 0.14. This is a healthy value indicating a solid balance between debt and equity.
- WS has a Debt to Equity ratio (0.14) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 2.62 | ||
| Altman-Z | 3.48 |
ROIC/WACC0.75
WACC10.65%
2.3 Liquidity
- WS has a Current Ratio of 1.80. This is a normal value and indicates that WS is financially healthy and should not expect problems in meeting its short term obligations.
- WS has a Current ratio of 1.80. This is in the lower half of the industry: WS underperforms 63.69% of its industry peers.
- WS has a Quick Ratio of 1.09. This is a normal value and indicates that WS is financially healthy and should not expect problems in meeting its short term obligations.
- The Quick ratio of WS (1.09) is worse than 64.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.09 |
3. Growth
3.1 Past
- The earnings per share for WS have decreased by -8.93% in the last year.
- Measured over the past years, WS shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -15.32% on average per year.
- WS shows a decrease in Revenue. In the last year, the revenue decreased by -0.75%.
- WS shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -8.73% yearly.
EPS 1Y (TTM)-8.93%
EPS 3Y-15.32%
EPS 5YN/A
EPS Q2Q%100%
Revenue 1Y (TTM)-0.75%
Revenue growth 3Y-8.73%
Revenue growth 5YN/A
Sales Q2Q%17.98%
3.2 Future
- Based on estimates for the next years, WS will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.59% on average per year.
- The Revenue is expected to grow by 4.42% on average over the next years.
EPS Next Y18.09%
EPS Next 2Y20.48%
EPS Next 3Y15.9%
EPS Next 5Y9.59%
Revenue Next Year19.03%
Revenue Next 2Y10.95%
Revenue Next 3Y8%
Revenue Next 5Y4.42%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- 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
- A Price/Earnings ratio of 18.22 indicates a rather expensive valuation of WS.
- WS's Price/Earnings ratio is rather cheap when compared to the industry. WS is cheaper than 91.72% of the companies in the same industry.
- When comparing the Price/Earnings ratio of WS to the average of the S&P500 Index (28.25), we can say WS is valued slightly cheaper.
- Based on the Price/Forward Earnings ratio of 14.89, the valuation of WS can be described as correct.
- Based on the Price/Forward Earnings ratio, WS is valued a bit cheaper than the industry average as 73.25% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 27.50, WS is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.22 | ||
| Fwd PE | 14.89 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, WS is valued cheaper than 87.90% of the companies in the same industry.
- 82.17% of the companies in the same industry are more expensive than WS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.57 | ||
| EV/EBITDA | 9.2 |
4.3 Compensation for Growth
- WS's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- WS has a very decent profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as WS's earnings are expected to grow with 15.90% in the coming years.
PEG (NY)1.01
PEG (5Y)N/A
EPS Next 2Y20.48%
EPS Next 3Y15.9%
5. Dividend
5.1 Amount
- WS has a Yearly Dividend Yield of 1.73%. Purely for dividend investing, there may be better candidates out there.
- WS's Dividend Yield is rather good when compared to the industry average which is at 1.01. WS pays more dividend than 84.71% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, WS has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.73% |
5.2 History
- WS has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- WS pays out 26.08% of its income as dividend. This is a sustainable payout ratio.
DP26.08%
EPS Next 2Y20.48%
EPS Next 3Y15.9%
46.46
+2.05 (+4.62%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)12-17 2025-12-17/amc
Earnings (Next)03-17 2026-03-17
Inst Owners54.48%
Inst Owner Change-0.06%
Ins Owners36.58%
Ins Owner Change2.69%
Market Cap2.36B
Revenue(TTM)3.27B
Net Income(TTM)124.60M
Analysts82
Price Target41.82 (-9.99%)
Short Float %2.96%
Short Ratio3.69
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.73% |
Yearly Dividend0.65
Dividend Growth(5Y)N/A
DP26.08%
Div Incr Years0
Div Non Decr Years0
Ex-Date03-13 2026-03-13 (0.16)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.52%
Min EPS beat(2)-5.4%
Max EPS beat(2)-1.64%
EPS beat(4)1
Avg EPS beat(4)-3.17%
Min EPS beat(4)-29.21%
Max EPS beat(4)23.57%
EPS beat(8)3
Avg EPS beat(8)-5.84%
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)2
Avg Revenue beat(2)3.86%
Min Revenue beat(2)1.54%
Max Revenue beat(2)6.18%
Revenue beat(4)3
Avg Revenue beat(4)0.64%
Min Revenue beat(4)-6.19%
Max Revenue beat(4)6.18%
Revenue beat(8)6
Avg Revenue beat(8)3.29%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)13.89%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-26.98%
EPS NY rev (1m)0%
EPS NY rev (3m)-7.33%
Revenue NQ rev (1m)0.27%
Revenue NQ rev (3m)10.32%
Revenue NY rev (1m)0.21%
Revenue NY rev (3m)7.84%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.22 | ||
| Fwd PE | 14.89 | ||
| P/S | 0.72 | ||
| P/FCF | 32.57 | ||
| P/OCF | 11.77 | ||
| P/B | 2.11 | ||
| P/tB | 2.55 | ||
| EV/EBITDA | 9.2 |
EPS(TTM)2.55
EY5.49%
EPS(NY)3.12
Fwd EY6.72%
FCF(TTM)1.43
FCFY3.07%
OCF(TTM)3.95
OCFY8.5%
SpS64.24
BVpS21.98
TBVpS18.24
PEG (NY)1.01
PEG (5Y)N/A
Graham Number35.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.8% | ||
| ROE | 11.15% | ||
| ROCE | 10.79% | ||
| ROIC | 8.03% | ||
| ROICexc | 8.48% | ||
| ROICexgc | 9.64% | ||
| OM | 5.17% | ||
| PM (TTM) | 3.82% | ||
| GM | 12.76% | ||
| FCFM | 2.22% |
ROA(3y)6.29%
ROA(5y)8.01%
ROE(3y)11.49%
ROE(5y)15.25%
ROIC(3y)9.34%
ROIC(5y)12.06%
ROICexc(3y)9.6%
ROICexc(5y)12.34%
ROICexgc(3y)10.85%
ROICexgc(5y)13.6%
ROCE(3y)12.75%
ROCE(5y)15.86%
ROICexgc growth 3Y-10.2%
ROICexgc growth 5YN/A
ROICexc growth 3Y-9.72%
ROICexc growth 5YN/A
OM growth 3Y-1.36%
OM growth 5YN/A
PM growth 3Y-6.89%
PM growth 5YN/A
GM growth 3Y8.93%
GM growth 5YN/A
F-Score3
Asset Turnover1.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 2.62 | ||
| Debt/EBITDA | 0.64 | ||
| Cap/Depr | 169.8% | ||
| Cap/Sales | 3.93% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 82.12% | ||
| Profit Quality | 58.19% | ||
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.09 | ||
| Altman-Z | 3.48 |
F-Score3
WACC10.65%
ROIC/WACC0.75
Cap/Depr(3y)140.43%
Cap/Depr(5y)109.29%
Cap/Sales(3y)2.83%
Cap/Sales(5y)2.15%
Profit Quality(3y)153.93%
Profit Quality(5y)107.18%
High Growth Momentum
Growth
EPS 1Y (TTM)-8.93%
EPS 3Y-15.32%
EPS 5YN/A
EPS Q2Q%100%
EPS Next Y18.09%
EPS Next 2Y20.48%
EPS Next 3Y15.9%
EPS Next 5Y9.59%
Revenue 1Y (TTM)-0.75%
Revenue growth 3Y-8.73%
Revenue growth 5YN/A
Sales Q2Q%17.98%
Revenue Next Year19.03%
Revenue Next 2Y10.95%
Revenue Next 3Y8%
Revenue Next 5Y4.42%
EBIT growth 1Y-14.22%
EBIT growth 3Y-9.98%
EBIT growth 5YN/A
EBIT Next Year78.24%
EBIT Next 3Y28.85%
EBIT Next 5Y16.8%
FCF growth 1Y3.95%
FCF growth 3Y218.23%
FCF growth 5YN/A
OCF growth 1Y15.44%
OCF growth 3Y79.98%
OCF growth 5YN/A
WORTHINGTON STEEL INC / WS FAQ
What is the ChartMill fundamental rating of WORTHINGTON STEEL INC (WS) stock?
ChartMill assigns a fundamental rating of 5 / 10 to WS.
What is the valuation status of WORTHINGTON STEEL INC (WS) stock?
ChartMill assigns a valuation rating of 6 / 10 to WORTHINGTON STEEL INC (WS). This can be considered as Fairly Valued.
What is the profitability of WS stock?
WORTHINGTON STEEL INC (WS) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for WS stock?
The Price/Earnings (PE) ratio for WORTHINGTON STEEL INC (WS) is 18.22 and the Price/Book (PB) ratio is 2.11.
Is the dividend of WORTHINGTON STEEL INC sustainable?
The dividend rating of WORTHINGTON STEEL INC (WS) is 4 / 10 and the dividend payout ratio is 26.08%.