WORTHINGTON STEEL INC (WS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:WS - US9821041012 - Common Stock
37.4 USD
+0.76 (+2.07%)
37.4 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to WS. WS was compared to 157 industry peers in the Metals & Mining industry. Both the profitability and the financial health of WS get a neutral evaluation. Nothing too spectacular is happening here. WS is cheap, but on the other hand it scores bad on growth. With these ratings, WS could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
- In the past year WS was profitable.
- In the past year WS had a positive cash flow from operations.
- In the past 5 years WS has always been profitable.
- WS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of WS (5.80%) is better than 75.80% of its industry peers.
- WS's Return On Equity of 11.15% is fine compared to the rest of the industry. WS outperforms 78.34% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 8.03%, WS is in the better half of the industry, outperforming 70.70% of the companies in the same industry.
- WS had an Average Return On Invested Capital over the past 3 years of 9.34%. This is in line with the industry average of 10.34%.
| 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
- The Profit Margin of WS (3.82%) is better than 65.61% of its industry peers.
- In the last couple of years the Profit Margin of WS has declined.
- With a Operating Margin value of 5.17%, WS perfoms like the industry average, outperforming 57.96% of the companies in the same industry.
- In the last couple of years the Operating Margin of WS has remained more or less at the same level.
- WS has a Gross Margin (12.76%) which is in line with its industry peers.
- 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), WS is destroying value.
- Compared to 1 year ago, WS has more shares outstanding
- WS has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 3.25 indicates that WS is not in any danger for bankruptcy at the moment.
- With a Altman-Z score value of 3.25, WS perfoms like the industry average, outperforming 47.13% of the companies in the same industry.
- 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.
- Looking at the Debt to FCF ratio, with a value of 2.62, WS is in the better half of the industry, outperforming 75.80% of the companies in the same industry.
- WS has a Debt/Equity ratio of 0.14. This is a healthy value indicating a solid balance between debt and equity.
- With a Debt to Equity ratio value of 0.14, WS perfoms like the industry average, outperforming 56.69% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 2.62 | ||
| Altman-Z | 3.25 |
ROIC/WACC0.79
WACC10.11%
2.3 Liquidity
- A Current Ratio of 1.80 indicates that WS should not have too much problems paying its short term obligations.
- The Current ratio of WS (1.80) is worse than 63.69% of its industry peers.
- A Quick Ratio of 1.09 indicates that WS should not have too much problems paying its short term obligations.
- With a Quick ratio value of 1.09, WS is not doing good in the industry: 64.97% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.09 |
3. Growth
3.1 Past
- WS shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.93%.
- WS shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -15.32% yearly.
- WS shows a decrease in Revenue. In the last year, the revenue decreased by -0.75%.
- Measured over the past years, WS shows a decrease in Revenue. The Revenue has been decreasing by -8.73% on average per year.
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
- WS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.59% yearly.
- 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 Year18.78%
Revenue Next 2Y11%
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
- The Price/Earnings ratio is 14.67, which indicates a correct valuation of WS.
- Based on the Price/Earnings ratio, WS is valued cheaply inside the industry as 94.90% of the companies are valued more expensively.
- WS's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.33.
- With a Price/Forward Earnings ratio of 11.98, the valuation of WS can be described as very reasonable.
- Based on the Price/Forward Earnings ratio, WS is valued cheaper than 81.53% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 24.12. WS is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.67 | ||
| Fwd PE | 11.98 |
4.2 Price Multiples
- WS's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. WS is cheaper than 90.45% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, WS is valued cheaply inside the industry as 85.35% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.22 | ||
| EV/EBITDA | 7.58 |
4.3 Compensation for Growth
- WS's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- WS has a very decent profitability rating, which may justify a higher PE ratio.
- WS's earnings are expected to grow with 15.90% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.81
PEG (5Y)N/A
EPS Next 2Y20.48%
EPS Next 3Y15.9%
5. Dividend
5.1 Amount
- WS has a Yearly Dividend Yield of 1.83%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 0.98, WS pays a better dividend. On top of this WS pays more dividend than 84.71% of the companies listed in the same industry.
- WS's Dividend Yield is comparable with the S&P500 average which is at 1.91.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.83% |
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%
37.4
+0.76 (+2.07%)
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 Change0.35%
Ins Owners36.58%
Ins Owner Change2.69%
Market Cap1.90B
Revenue(TTM)3.27B
Net Income(TTM)124.60M
Analysts82
Price Target41.82 (11.82%)
Short Float %3.3%
Short Ratio4.85
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.83% |
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)13.89%
PT rev (3m)13.89%
EPS NQ rev (1m)-26.98%
EPS NQ rev (3m)-20.69%
EPS NY rev (1m)-7.33%
EPS NY rev (3m)-5.01%
Revenue NQ rev (1m)10.02%
Revenue NQ rev (3m)10.39%
Revenue NY rev (1m)7.61%
Revenue NY rev (3m)8.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.67 | ||
| Fwd PE | 11.98 | ||
| P/S | 0.58 | ||
| P/FCF | 26.22 | ||
| P/OCF | 9.47 | ||
| P/B | 1.7 | ||
| P/tB | 2.05 | ||
| EV/EBITDA | 7.58 |
EPS(TTM)2.55
EY6.82%
EPS(NY)3.12
Fwd EY8.34%
FCF(TTM)1.43
FCFY3.81%
OCF(TTM)3.95
OCFY10.56%
SpS64.24
BVpS21.98
TBVpS18.24
PEG (NY)0.81
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 | 3.25 |
F-Score3
WACC10.11%
ROIC/WACC0.79
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 Year18.78%
Revenue Next 2Y11%
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 8 / 10 to WORTHINGTON STEEL INC (WS). This can be considered as Undervalued.
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 14.67 and the Price/Book (PB) ratio is 1.7.
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%.