TIMKENSTEEL CORP (TMST) Fundamental Analysis & Valuation

NYSE:TMST • US8873991033

Current stock price

20.4 USD
+0.21 (+1.04%)
At close:
20.4 USD
0 (0%)
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This TMST fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. TMST Profitability Analysis

1.1 Basic Checks

  • TMST had positive earnings in the past year.
  • In the past year TMST had a positive cash flow from operations.
  • In multiple years TMST reported negative net income over the last 5 years.
  • Each year in the past 5 years TMST had a positive operating cash flow.
TMST Yearly Net Income VS EBIT VS OCF VS FCFTMST Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 0 100M -100M

1.2 Ratios

  • With a decent Return On Assets value of 5.90%, TMST is doing good in the industry, outperforming 78.34% of the companies in the same industry.
  • The Return On Equity of TMST (9.49%) is better than 77.71% of its industry peers.
  • The Return On Invested Capital of TMST (7.54%) is better than 73.89% of its industry peers.
  • TMST had an Average Return On Invested Capital over the past 3 years of 7.32%. This is below the industry average of 11.54%.
  • The 3 year average ROIC (7.32%) for TMST is below the current ROIC(7.54%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 5.9%
ROE 9.49%
ROIC 7.54%
ROA(3y)8.89%
ROA(5y)2.06%
ROE(3y)14.9%
ROE(5y)2.59%
ROIC(3y)7.32%
ROIC(5y)N/A
TMST Yearly ROA, ROE, ROICTMST Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 0 10 -10 20

1.3 Margins

  • The Profit Margin of TMST (5.09%) is better than 70.06% of its industry peers.
  • Looking at the Operating Margin, with a value of 7.48%, TMST is in the better half of the industry, outperforming 61.78% of the companies in the same industry.
  • In the last couple of years the Operating Margin of TMST has grown nicely.
  • TMST has a Gross Margin of 13.69%. This is comparable to the rest of the industry: TMST outperforms 49.04% of its industry peers.
  • In the last couple of years the Gross Margin of TMST has grown nicely.
Industry RankSector Rank
OM 7.48%
PM (TTM) 5.09%
GM 13.69%
OM growth 3YN/A
OM growth 5Y33.51%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y93.89%
GM growth 5Y11.73%
TMST Yearly Profit, Operating, Gross MarginsTMST Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 0 5 -5 10 -10 15

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6

2. TMST Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TMST is destroying value.
  • The number of shares outstanding for TMST has been reduced compared to 1 year ago.
  • The debt/assets ratio for TMST has been reduced compared to a year ago.
TMST Yearly Shares OutstandingTMST Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M 40M
TMST Yearly Total Debt VS Total AssetsTMST Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M 800M 1B

2.2 Solvency

  • An Altman-Z score of 2.99 indicates that TMST is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • TMST has a Altman-Z score of 2.99. This is comparable to the rest of the industry: TMST outperforms 59.87% of its industry peers.
  • The Debt to FCF ratio of TMST is 0.18, which is an excellent value as it means it would take TMST, only 0.18 years of fcf income to pay off all of its debts.
  • TMST has a Debt to FCF ratio of 0.18. This is amongst the best in the industry. TMST outperforms 91.72% of its industry peers.
  • TMST has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
  • With a decent Debt to Equity ratio value of 0.02, TMST is doing good in the industry, outperforming 68.79% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.02
Debt/FCF 0.18
Altman-Z 2.99
ROIC/WACC0.86
WACC8.73%
TMST Yearly LT Debt VS Equity VS FCFTMST Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 0 200M 400M 600M

2.3 Liquidity

  • TMST has a Current Ratio of 2.64. This indicates that TMST is financially healthy and has no problem in meeting its short term obligations.
  • TMST has a Current ratio (2.64) which is in line with its industry peers.
  • TMST has a Quick Ratio of 1.73. This is a normal value and indicates that TMST is financially healthy and should not expect problems in meeting its short term obligations.
  • TMST has a Quick ratio of 1.73. This is comparable to the rest of the industry: TMST outperforms 53.50% of its industry peers.
Industry RankSector Rank
Current Ratio 2.64
Quick Ratio 1.73
TMST Yearly Current Assets VS Current LiabilitesTMST Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. TMST Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 36.18% over the past year.
  • The Revenue has been growing slightly by 2.44% in the past year.
  • TMST shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.29% yearly.
EPS 1Y (TTM)36.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%104.24%
Revenue 1Y (TTM)2.44%
Revenue growth 3Y17.93%
Revenue growth 5Y-3.29%
Sales Q2Q%33.7%

3.2 Future

  • The Earnings Per Share is expected to grow by 6.55% on average over the next years.
  • TMST is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.82% yearly.
EPS Next Y-1.1%
EPS Next 2Y6.55%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.87%
Revenue Next 2Y3.82%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
TMST Yearly Revenue VS EstimatesTMST Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B
TMST Yearly EPS VS EstimatesTMST Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1 -1 2 -2 3

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Find the best growth stocksShow best growing peers

7

4. TMST Valuation Analysis

4.1 Price/Earnings Ratio

  • TMST is valuated correctly with a Price/Earnings ratio of 13.88.
  • Based on the Price/Earnings ratio, TMST is valued cheaply inside the industry as 80.89% of the companies are valued more expensively.
  • When comparing the Price/Earnings ratio of TMST to the average of the S&P500 Index (25.70), we can say TMST is valued slightly cheaper.
  • A Price/Forward Earnings ratio of 11.09 indicates a reasonable valuation of TMST.
  • TMST's Price/Forward Earnings ratio is rather cheap when compared to the industry. TMST is cheaper than 83.44% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of TMST to the average of the S&P500 Index (23.84), we can say TMST is valued rather cheaply.
Industry RankSector Rank
PE 13.88
Fwd PE 11.09
TMST Price Earnings VS Forward Price EarningsTMST Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TMST indicates a rather cheap valuation: TMST is cheaper than 91.72% of the companies listed in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of TMST indicates a rather cheap valuation: TMST is cheaper than 84.71% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 11.94
EV/EBITDA 3.78
TMST Per share dataTMST EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • TMST has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y6.55%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. TMST Dividend Analysis

5.1 Amount

  • TMST does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

Find the best dividend stocksShow peers with best dividend

TMST Fundamentals: All Metrics, Ratios and Statistics

TIMKENSTEEL CORP

NYSE:TMST (2/26/2024, 8:04:32 PM)

After market: 20.4 0 (0%)

20.4

+0.21 (+1.04%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-27
Earnings (Next)05-02
Inst Owners82.12%
Inst Owner Change1.71%
Ins Owners2.73%
Ins Owner Change0%
Market Cap880.26M
Revenue(TTM)1.36B
Net Income(TTM)69.40M
Analysts43.33
Price Target28.56 (40%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)0
Avg Revenue beat(2)-1.59%
Min Revenue beat(2)-1.62%
Max Revenue beat(2)-1.55%
Revenue beat(4)1
Avg Revenue beat(4)-1.05%
Min Revenue beat(4)-2.21%
Max Revenue beat(4)1.17%
Revenue beat(8)2
Avg Revenue beat(8)-4.13%
Revenue beat(12)5
Avg Revenue beat(12)-1.5%
Revenue beat(16)5
Avg Revenue beat(16)-4.36%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-6.08%
EPS NY rev (3m)-4.59%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.84%
Revenue NY rev (3m)-0.42%
Valuation
Industry RankSector Rank
PE 13.88
Fwd PE 11.09
P/S 0.65
P/FCF 11.94
P/OCF 7.03
P/B 1.2
P/tB 1.21
EV/EBITDA 3.78
EPS(TTM)1.47
EY7.21%
EPS(NY)1.84
Fwd EY9.02%
FCF(TTM)1.71
FCFY8.37%
OCF(TTM)2.9
OCFY14.23%
SpS31.57
BVpS16.95
TBVpS16.89
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 5.9%
ROE 9.49%
ROCE 10.99%
ROIC 7.54%
ROICexc 10.74%
ROICexgc 10.79%
OM 7.48%
PM (TTM) 5.09%
GM 13.69%
FCFM 5.41%
ROA(3y)8.89%
ROA(5y)2.06%
ROE(3y)14.9%
ROE(5y)2.59%
ROIC(3y)7.32%
ROIC(5y)N/A
ROICexc(3y)10.21%
ROICexc(5y)N/A
ROICexgc(3y)10.29%
ROICexgc(5y)N/A
ROCE(3y)10.88%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y40.86%
ROICexc growth 3YN/A
ROICexc growth 5Y41.23%
OM growth 3YN/A
OM growth 5Y33.51%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y93.89%
GM growth 5Y11.73%
F-Score6
Asset Turnover1.16
Health
Industry RankSector Rank
Debt/Equity 0.02
Debt/FCF 0.18
Debt/EBITDA 0.08
Cap/Depr 90.69%
Cap/Sales 3.79%
Interest Coverage 48.52
Cash Conversion 78.9%
Profit Quality 106.2%
Current Ratio 2.64
Quick Ratio 1.73
Altman-Z 2.99
F-Score6
WACC8.73%
ROIC/WACC0.86
Cap/Depr(3y)52.17%
Cap/Depr(5y)46.47%
Cap/Sales(3y)2.26%
Cap/Sales(5y)2.39%
Profit Quality(3y)126.4%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)36.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%104.24%
EPS Next Y-1.1%
EPS Next 2Y6.55%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)2.44%
Revenue growth 3Y17.93%
Revenue growth 5Y-3.29%
Sales Q2Q%33.7%
Revenue Next Year1.87%
Revenue Next 2Y3.82%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y92.63%
EBIT growth 3YN/A
EBIT growth 5Y29.11%
EBIT Next Year58.45%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-31.38%
FCF growth 3Y-22.22%
FCF growth 5YN/A
OCF growth 1Y-6.84%
OCF growth 3Y-10.28%
OCF growth 5Y46.61%

TIMKENSTEEL CORP / TMST Fundamental Analysis FAQ

What is the ChartMill fundamental rating of TIMKENSTEEL CORP (TMST) stock?

ChartMill assigns a fundamental rating of 5 / 10 to TMST.


Can you provide the valuation status for TIMKENSTEEL CORP?

ChartMill assigns a valuation rating of 6 / 10 to TIMKENSTEEL CORP (TMST). This can be considered as Fairly Valued.


Can you provide the profitability details for TIMKENSTEEL CORP?

TIMKENSTEEL CORP (TMST) has a profitability rating of 6 / 10.


Can you provide the expected EPS growth for TMST stock?

The Earnings per Share (EPS) of TIMKENSTEEL CORP (TMST) is expected to decline by -1.1% in the next year.


How sustainable is the dividend of TIMKENSTEEL CORP (TMST) stock?

The dividend rating of TIMKENSTEEL CORP (TMST) is 0 / 10 and the dividend payout ratio is 0%.