RYERSON HOLDING CORP (RYI) Stock Fundamental Analysis
NYSE:RYI - New York Stock Exchange, Inc. - US7837541041 - Common Stock - Currency: USD
RYI gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 155 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 is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year RYI has reported negative net income.
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.
In the past 5 years RYI always reported a positive cash flow from operatings.
1.2 Ratios
RYI has a Return On Assets of -0.26%. This is comparable to the rest of the industry: RYI outperforms 52.26% of its industry peers.
With a Return On Equity value of -0.82%, RYI perfoms like the industry average, outperforming 52.26% of the companies in the same industry.
RYI has a Return On Invested Capital (1.39%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for RYI is in line with the industry average of 11.61%.
The 3 year average ROIC (11.88%) for RYI is well above the current ROIC(1.39%). The reason for the recent decline needs to be investigated.
| 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
Looking at the Operating Margin, with a value of 0.77%, RYI is in line with its industry, outperforming 47.74% of the companies in the same industry.
In the last couple of years the Operating Margin of RYI has declined.
RYI has a Gross Margin (18.26%) which is in line with its industry peers.
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
RYI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is 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
RYI has an Altman-Z score of 2.83. This is not the best score and indicates that RYI is in the grey zone with still only limited risk for bankruptcy at the moment.
RYI's Altman-Z score of 2.83 is in line compared to the rest of the industry. RYI outperforms 53.55% of its industry peers.
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's Debt to FCF ratio of 3.96 is fine compared to the rest of the industry. RYI outperforms 72.90% 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.
With a Debt to Equity ratio value of 0.62, RYI is not doing good in the industry: 80.65% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 3.96 | ||
| Altman-Z | 2.83 |
ROIC/WACC0.14
WACC10.19%
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.
The Current ratio of RYI (2.00) is comparable to the rest of the industry.
RYI has a Quick Ratio of 2.00. This is a bad value and indicates that RYI is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of RYI (0.99) is worse than 68.39% 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%.
Looking at the last year, RYI shows a decrease in Revenue. The Revenue has decreased by -9.04% in the last year.
RYI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.43% yearly.
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
RYI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 221.24% yearly.
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 15.04 indicates a correct valuation of RYI.
Based on the Price/Forward Earnings ratio, RYI is valued a bit cheaper than 61.29% of the companies in the same industry.
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 | 15.04 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of RYI indicates a somewhat cheap valuation: RYI is cheaper than 67.74% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, RYI is valued cheaply inside the industry as 96.13% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.09 | ||
| EV/EBITDA | 10.84 |
4.3 Compensation for Growth
RYI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
RYI's earnings are expected to grow with 221.24% in the coming years. This may justify a more expensive valuation.
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 3.13%.
Compared to an average industry Dividend Yield of 2.90, RYI pays a better dividend. On top of this RYI pays more dividend than 90.97% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, RYI pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.13% |
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
The earnings of RYI are negative and hence is the payout ratio. RYI will probably not be able to sustain this dividend level.
DP-369.7%
EPS Next 2Y221.24%
EPS Next 3YN/A
23.77
-0.18 (-0.75%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners87.37%
Inst Owner Change0%
Ins Owners3.9%
Ins Owner Change6.48%
Market Cap765.39M
Analysts46.67
Price Target24.48 (2.99%)
Short Float %4.11%
Short Ratio5.43
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.13% |
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)0%
PT rev (3m)-4%
EPS NQ rev (1m)-11.11%
EPS NQ rev (3m)-51.52%
EPS NY rev (1m)0%
EPS NY rev (3m)-35.51%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.32%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 15.04 | ||
| P/S | 0.17 | ||
| P/FCF | 6.09 | ||
| P/OCF | 3.62 | ||
| P/B | 0.95 | ||
| P/tB | 1.33 | ||
| EV/EBITDA | 10.84 |
EPS(TTM)-0.19
EYN/A
EPS(NY)1.58
Fwd EY6.65%
FCF(TTM)3.9
FCFY16.42%
OCF(TTM)6.57
OCFY27.63%
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 | 2.83 |
F-Score3
WACC10.19%
ROIC/WACC0.14
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%