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 157 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
RYI had negative earnings in the past year.
RYI had a positive operating cash flow in the past year.
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
The Return On Assets of RYI (-0.58%) is comparable to the rest of the industry.
RYI has a Return On Equity of -1.80%. This is comparable to the rest of the industry: RYI outperforms 54.14% of its industry peers.
RYI has a Return On Invested Capital (0.63%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for RYI is in line with the industry average of 12.11%.
The last Return On Invested Capital (0.63%) 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 | -0.58% | ||
| ROE | -1.8% | ||
| ROIC | 0.63% |
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
With a Operating Margin value of 0.36%, RYI perfoms like the industry average, outperforming 45.86% of the companies in the same industry.
RYI's Operating Margin has declined in the last couple of years.
RYI's Gross Margin of 18.18% is in line compared to the rest of the industry. RYI outperforms 54.14% of its industry peers.
RYI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.36% | ||
| PM (TTM) | N/A | ||
| GM | 18.18% |
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.
RYI has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, RYI has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.74 indicates that RYI is not a great score, but indicates only limited risk for bankruptcy at the moment.
RYI has a Altman-Z score of 2.74. This is comparable to the rest of the industry: RYI outperforms 50.96% of its industry peers.
RYI has a debt to FCF ratio of 3.74. This is a good value and a sign of high solvency as RYI would need 3.74 years to pay back of all of its debts.
RYI's Debt to FCF ratio of 3.74 is fine compared to the rest of the industry. RYI outperforms 75.80% of its industry peers.
RYI has a Debt/Equity ratio of 0.63. This is a neutral value indicating RYI is somewhat dependend on debt financing.
RYI's Debt to Equity ratio of 0.63 is on the low side compared to the rest of the industry. RYI is outperformed by 80.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 3.74 | ||
| Altman-Z | 2.74 |
ROIC/WACC0.06
WACC9.92%
2.3 Liquidity
RYI has a Current Ratio of 2.03. This indicates that RYI is financially healthy and has no problem in meeting its short term obligations.
With a Current ratio value of 2.03, RYI perfoms like the industry average, outperforming 43.31% of the companies in the same industry.
RYI has a Quick Ratio of 2.03. This is a bad value and indicates that RYI is not financially healthy enough and could expect problems in meeting its short term obligations.
RYI has a worse Quick ratio (1.00) than 66.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.03 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
RYI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -123.40%.
The Revenue has decreased by -7.98% in the past year.
The Revenue has been growing slightly by 0.43% on average over the past years.
EPS 1Y (TTM)-123.4%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-75.76%
Revenue 1Y (TTM)-7.98%
Revenue growth 3Y-6.77%
Revenue growth 5Y0.43%
Sales Q2Q%-4.59%
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 216.23% on average per year.
RYI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.19% yearly.
EPS Next Y331.24%
EPS Next 2Y216.23%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-0.71%
Revenue Next 2Y1.19%
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
The Price/Earnings Ratio is negative for RYI. In the last year negative earnings were reported.
A Price/Forward Earnings ratio of 13.60 indicates a correct valuation of RYI.
RYI's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. RYI is cheaper than 66.24% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.28. RYI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.6 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RYI is valued a bit cheaper than the industry average as 64.97% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, RYI is valued cheaply inside the industry as 97.45% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.88 | ||
| EV/EBITDA | 11.9 |
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.
RYI's earnings are expected to grow with 216.23% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y216.23%
EPS Next 3YN/A
5. Dividend
5.1 Amount
RYI has a Yearly Dividend Yield of 3.51%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.68, RYI pays a better dividend. On top of this RYI pays more dividend than 92.99% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, RYI pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.51% |
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-164.38%
EPS Next 2Y216.23%
EPS Next 3YN/A
20.68
-0.14 (-0.67%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners87.37%
Inst Owner Change2.77%
Ins Owners3.9%
Ins Owner Change6.48%
Market Cap665.90M
Analysts46.67
Price Target24.48 (18.38%)
Short Float %3.54%
Short Ratio4.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.51% |
Yearly Dividend0.75
Dividend Growth(5Y)N/A
DP-164.38%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-17.07%
Min EPS beat(2)-58.31%
Max EPS beat(2)24.16%
EPS beat(4)2
Avg EPS beat(4)-98.19%
Min EPS beat(4)-430.03%
Max EPS beat(4)71.42%
EPS beat(8)5
Avg EPS beat(8)-18.52%
EPS beat(12)6
Avg EPS beat(12)-30.49%
EPS beat(16)10
Avg EPS beat(16)-14.66%
Revenue beat(2)0
Avg Revenue beat(2)-2.5%
Min Revenue beat(2)-3.1%
Max Revenue beat(2)-1.9%
Revenue beat(4)0
Avg Revenue beat(4)-1.94%
Min Revenue beat(4)-3.1%
Max Revenue beat(4)-0.65%
Revenue beat(8)1
Avg Revenue beat(8)-1.94%
Revenue beat(12)3
Avg Revenue beat(12)-1.14%
Revenue beat(16)7
Avg Revenue beat(16)9.19%
PT rev (1m)0%
PT rev (3m)-7.69%
EPS NQ rev (1m)18.75%
EPS NQ rev (3m)-42.42%
EPS NY rev (1m)-2.25%
EPS NY rev (3m)-34.59%
Revenue NQ rev (1m)0.51%
Revenue NQ rev (3m)-5.85%
Revenue NY rev (1m)0.33%
Revenue NY rev (3m)-5.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.6 | ||
| P/S | 0.15 | ||
| P/FCF | 4.88 | ||
| P/OCF | 3.18 | ||
| P/B | 0.82 | ||
| P/tB | 1.14 | ||
| EV/EBITDA | 11.9 |
EPS(TTM)-0.44
EYN/A
EPS(NY)1.52
Fwd EY7.35%
FCF(TTM)4.24
FCFY20.48%
OCF(TTM)6.5
OCFY31.45%
SpS137.86
BVpS25.2
TBVpS18.21
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.58% | ||
| ROE | -1.8% | ||
| ROCE | 0.84% | ||
| ROIC | 0.63% | ||
| ROICexc | 0.64% | ||
| ROICexgc | 0.73% | ||
| OM | 0.36% | ||
| PM (TTM) | N/A | ||
| GM | 18.18% | ||
| FCFM | 3.07% |
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-Score4
Asset Turnover1.75
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 3.74 | ||
| Debt/EBITDA | 5.27 | ||
| Cap/Depr | 90.35% | ||
| Cap/Sales | 1.64% | ||
| Interest Coverage | 0.4 | ||
| Cash Conversion | 216.77% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.03 | ||
| Quick Ratio | 1 | ||
| Altman-Z | 2.74 |
F-Score4
WACC9.92%
ROIC/WACC0.06
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)-123.4%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-75.76%
EPS Next Y331.24%
EPS Next 2Y216.23%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-7.98%
Revenue growth 3Y-6.77%
Revenue growth 5Y0.43%
Sales Q2Q%-4.59%
Revenue Next Year-0.71%
Revenue Next 2Y1.19%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-87.37%
EBIT growth 3Y-57.69%
EBIT growth 5Y-29.67%
EBIT Next Year598.73%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-65.3%
FCF growth 3YN/A
FCF growth 5Y-6.49%
OCF growth 1Y-60.45%
OCF growth 3Y80.23%
OCF growth 5Y1.19%