TIMKENSTEEL CORP (TMST)
US8873991033 - Common Stock
TMST gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 154 industry peers in the Metals & Mining industry. While TMST has a great health rating, its profitability is only average at the moment. TMST has a bad growth rate and is valued cheaply. With these ratings, TMST could be worth investigating further for value investing!.
1. Profitability
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.
In the past 5 years TMST always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of TMST (5.90%) is better than 78.34% of its industry peers.
TMST has a Return On Equity of 9.49%. This is in the better half of the industry: TMST outperforms 77.71% of its industry peers.
With a decent Return On Invested Capital value of 7.54%, TMST is doing good in the industry, outperforming 73.89% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TMST is in line with the industry average of 8.86%.
The last Return On Invested Capital (7.54%) for TMST is above the 3 year average (7.32%), which is a sign of increasing profitability.
| Industry Rank | Sector 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
1.3 Margins
TMST has a better Profit Margin (5.09%) than 70.06% of its industry peers.
TMST has a Operating Margin of 7.48%. This is in the better half of the industry: TMST outperforms 61.78% of its industry peers.
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 Rank | Sector 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%
2. Health
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.
Compared to 5 years ago, TMST has less shares outstanding
TMST has a better debt/assets ratio than last year.
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 (2.99) which is comparable to the rest of the industry.
TMST has a debt to FCF ratio of 0.18. This is a very positive value and a sign of high solvency as it would only need 0.18 years to pay back of all of its debts.
TMST has a better Debt to FCF ratio (0.18) than 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.
TMST has a Debt to Equity ratio of 0.02. This is in the better half of the industry: TMST outperforms 68.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.18 | ||
| Altman-Z | 2.99 |
ROIC/WACC0.86
WACC8.73%
2.3 Liquidity
A Current Ratio of 2.64 indicates that TMST has no problem at all paying its short term obligations.
With a Current ratio value of 2.64, TMST perfoms like the industry average, outperforming 52.87% of the companies in the same industry.
A Quick Ratio of 1.73 indicates that TMST should not have too much problems paying its short term obligations.
The Quick ratio of TMST (1.73) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.64 | ||
| Quick Ratio | 1.73 |
3. Growth
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.
The Revenue has been decreasing by -3.29% on average over the past years.
EPS 1Y (TTM)36.18%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q104.24%
Revenue 1Y (TTM)2.44%
Revenue growth 3Y17.93%
Revenue growth 5Y-3.29%
Revenue growth Q2Q33.7%
3.2 Future
TMST is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.55% yearly.
The Revenue is expected to grow by 3.82% on average over the next years.
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
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
TMST is valuated correctly with a Price/Earnings ratio of 13.88.
TMST's Price/Earnings ratio is rather cheap when compared to the industry. TMST is cheaper than 80.89% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.28. TMST is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 11.09, the valuation of TMST can be described as very reasonable.
Based on the Price/Forward Earnings ratio, TMST is valued cheaper than 83.44% of the companies in the same industry.
TMST is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 20.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.88 | ||
| Fwd PE | 11.09 |
4.2 Price Multiples
91.72% of the companies in the same industry are more expensive than TMST, based on the Enterprise Value to EBITDA ratio.
84.71% of the companies in the same industry are more expensive than TMST, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.94 | ||
| EV/EBITDA | 3.78 |
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
5. Dividend
5.1 Amount
No dividends for TMST!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TIMKENSTEEL CORP
NYSE:TMST (2/26/2024, 7:04:32 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)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap880.26M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.88 | ||
| Fwd PE | 11.09 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.9% | ||
| ROE | 9.49% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 7.48% | ||
| PM (TTM) | 5.09% | ||
| GM | 13.69% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.64 | ||
| Quick Ratio | 1.73 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)36.18%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-1.1%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)2.44%
Revenue growth 3Y17.93%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y