RYERSON HOLDING CORP (RYI) Stock Fundamental Analysis
NYSE:RYI - New York Stock Exchange, Inc. - US7837541041 - Common Stock - Currency: USD
Taking everything into account, RYI scores 4 out of 10 in our fundamental rating. RYI was compared to 154 industry peers in the Metals & Mining industry. Both the profitability and the financial health of RYI get a neutral evaluation. Nothing too spectacular is happening here. RYI has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
RYI had negative earnings in the past year.
In the past year RYI had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: RYI reported negative net income in multiple years.
Each year in the past 5 years RYI had a positive operating cash flow.
1.2 Ratios
The Return On Assets of RYI (-0.26%) is comparable to the rest of the industry.
RYI has a Return On Equity of -0.82%. This is comparable to the rest of the industry: RYI outperforms 50.65% of its industry peers.
RYI has a Return On Invested Capital (1.39%) which is in line with its industry peers.
RYI had an Average Return On Invested Capital over the past 3 years of 11.88%. This is above the industry average of 8.82%.
The last Return On Invested Capital (1.39%) for RYI is well below the 3 year average (11.88%), which needs to be investigated, but indicates that RYI had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.26% | ||
| ROE | -0.82% | ||
| ROIC | 1.39% |
ROA(3y)7.36%
ROA(5y)6.17%
ROE(3y)19.73%
ROE(5y)13.32%
ROIC(3y)11.88%
ROIC(5y)12%
1.3 Margins
The Operating Margin of RYI (0.77%) is comparable to the rest of the industry.
RYI's Operating Margin has declined in the last couple of years.
RYI has a Gross Margin (18.26%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of RYI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.77% | ||
| PM (TTM) | N/A | ||
| GM | 18.26% |
OM growth 3Y-54.61%
OM growth 5Y-29.97%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.53%
GM growth 5Y-0.27%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so RYI is still creating some value.
RYI has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, RYI has less shares outstanding
The debt/assets ratio for RYI is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.80 indicates that RYI is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.80, RYI perfoms like the industry average, outperforming 57.79% of the companies in the same industry.
The Debt to FCF ratio of RYI is 3.96, which is a good value as it means it would take RYI, 3.96 years of fcf income to pay off all of its debts.
RYI has a Debt to FCF ratio of 3.96. This is in the better half of the industry: RYI outperforms 72.08% of its industry peers.
RYI has a Debt/Equity ratio of 0.62. This is a neutral value indicating RYI is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.62, RYI is doing worse than 79.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 3.96 | ||
| Altman-Z | 2.8 |
ROIC/WACC0.13
WACC10.45%
2.3 Liquidity
RYI has a Current Ratio of 2.00. This indicates that RYI is financially healthy and has no problem in meeting its short term obligations.
RYI has a Current ratio of 2.00. This is comparable to the rest of the industry: RYI outperforms 44.81% of its industry peers.
A Quick Ratio of 0.99 indicates that RYI may have some problems paying its short term obligations.
RYI's Quick ratio of 0.99 is on the low side compared to the rest of the industry. RYI is outperformed by 66.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
RYI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -107.28%.
RYI shows a decrease in Revenue. In the last year, the revenue decreased by -9.04%.
Measured over the past years, RYI shows a small growth in Revenue. The Revenue has been growing by 0.43% on average per year.
EPS 1Y (TTM)-107.28%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)-9.04%
Revenue growth 3Y-6.77%
Revenue growth 5Y0.43%
Sales Q2Q%-8.35%
3.2 Future
Based on estimates for the next years, RYI will show a very strong growth in Earnings Per Share. The EPS will grow by 221.24% on average per year.
RYI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.16% yearly.
EPS Next Y336.55%
EPS Next 2Y221.24%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-1.03%
Revenue Next 2Y1.16%
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
RYI reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
A Price/Forward Earnings ratio of 13.17 indicates a correct valuation of RYI.
62.34% of the companies in the same industry are more expensive than RYI, based on the Price/Forward Earnings ratio.
RYI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.17 |
4.2 Price Multiples
64.29% of the companies in the same industry are more expensive than RYI, based on the Enterprise Value to EBITDA ratio.
96.10% of the companies in the same industry are more expensive than RYI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.33 | ||
| EV/EBITDA | 9.96 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as RYI's earnings are expected to grow with 221.24% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y221.24%
EPS Next 3YN/A
5. Dividend
5.1 Amount
RYI has a Yearly Dividend Yield of 3.53%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.97, RYI pays a better dividend. On top of this RYI pays more dividend than 88.96% of the companies listed in the same industry.
RYI's Dividend Yield is a higher than the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.53% |
5.2 History
RYI has been paying a dividend for over 5 years, so it has already some track record.
RYI has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
RYI has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-369.7%
EPS Next 2Y221.24%
EPS Next 3YN/A
20.82
-0.26 (-1.23%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners84.67%
Inst Owner Change3.66%
Ins Owners3.23%
Ins Owner Change6.53%
Market Cap670.40M
Analysts46.67
Price Target24.48 (17.58%)
Short Float %4.29%
Short Ratio5.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.53% |
Yearly Dividend0.75
Dividend Growth(5Y)N/A
DP-369.7%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)47.79%
Min EPS beat(2)24.16%
Max EPS beat(2)71.42%
EPS beat(4)3
Avg EPS beat(4)-69.72%
Min EPS beat(4)-430.03%
Max EPS beat(4)71.42%
EPS beat(8)5
Avg EPS beat(8)-13.98%
EPS beat(12)7
Avg EPS beat(12)-24.29%
EPS beat(16)11
Avg EPS beat(16)-6.38%
Revenue beat(2)0
Avg Revenue beat(2)-2.6%
Min Revenue beat(2)-3.1%
Max Revenue beat(2)-2.1%
Revenue beat(4)0
Avg Revenue beat(4)-2.62%
Min Revenue beat(4)-4.63%
Max Revenue beat(4)-0.65%
Revenue beat(8)1
Avg Revenue beat(8)-2.33%
Revenue beat(12)4
Avg Revenue beat(12)4.35%
Revenue beat(16)8
Avg Revenue beat(16)9.71%
PT rev (1m)-4%
PT rev (3m)4.35%
EPS NQ rev (1m)-45.45%
EPS NQ rev (3m)-60%
EPS NY rev (1m)-33.08%
EPS NY rev (3m)-56.59%
Revenue NQ rev (1m)-6.32%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-5.97%
Revenue NY rev (3m)-2.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.17 | ||
| P/S | 0.15 | ||
| P/FCF | 5.33 | ||
| P/OCF | 3.17 | ||
| P/B | 0.83 | ||
| P/tB | 1.16 | ||
| EV/EBITDA | 9.96 |
EPS(TTM)-0.19
EYN/A
EPS(NY)1.58
Fwd EY7.59%
FCF(TTM)3.9
FCFY18.75%
OCF(TTM)6.57
OCFY31.55%
SpS139.6
BVpS24.97
TBVpS17.89
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.26% | ||
| ROE | -0.82% | ||
| ROCE | 1.84% | ||
| ROIC | 1.39% | ||
| ROICexc | 1.41% | ||
| ROICexgc | 1.61% | ||
| OM | 0.77% | ||
| PM (TTM) | N/A | ||
| GM | 18.26% | ||
| FCFM | 2.8% |
ROA(3y)7.36%
ROA(5y)6.17%
ROE(3y)19.73%
ROE(5y)13.32%
ROIC(3y)11.88%
ROIC(5y)12%
ROICexc(3y)12.17%
ROICexc(5y)12.35%
ROICexgc(3y)13.71%
ROICexgc(5y)13.9%
ROCE(3y)15.72%
ROCE(5y)15.87%
ROICexcg growth 3Y-59.57%
ROICexcg growth 5Y-32.06%
ROICexc growth 3Y-59.86%
ROICexc growth 5Y-32.26%
OM growth 3Y-54.61%
OM growth 5Y-29.97%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.53%
GM growth 5Y-0.27%
F-Score3
Asset Turnover1.78
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 3.96 | ||
| Debt/EBITDA | 4.36 | ||
| Cap/Depr | 108.06% | ||
| Cap/Sales | 1.91% | ||
| Interest Coverage | 0.88 | ||
| Cash Conversion | 185.69% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2 | ||
| Quick Ratio | 0.99 | ||
| Altman-Z | 2.8 |
F-Score3
WACC10.45%
ROIC/WACC0.13
Cap/Depr(3y)167.18%
Cap/Depr(5y)131.17%
Cap/Sales(3y)2.07%
Cap/Sales(5y)1.6%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-107.28%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
EPS Next Y336.55%
EPS Next 2Y221.24%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-9.04%
Revenue growth 3Y-6.77%
Revenue growth 5Y0.43%
Sales Q2Q%-8.35%
Revenue Next Year-1.03%
Revenue Next 2Y1.16%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-78.29%
EBIT growth 3Y-57.69%
EBIT growth 5Y-29.67%
EBIT Next Year684.01%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-67.4%
FCF growth 3YN/A
FCF growth 5Y-6.49%
OCF growth 1Y-57.67%
OCF growth 3Y80.23%
OCF growth 5Y1.19%