WORTHINGTON STEEL INC (WS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:WS - US9821041012 - Common Stock
40.05 USD
+0.55 (+1.39%)
40.05 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to WS. WS was compared to 156 industry peers in the Metals & Mining industry. Both the profitability and the financial health of WS get a neutral evaluation. Nothing too spectacular is happening here. WS is valued quite cheap, but it does not seem to be growing. With these ratings, WS could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
- WS had positive earnings in the past year.
- In the past year WS had a positive cash flow from operations.
- WS had positive earnings in each of the past 5 years.
- In the past 5 years WS always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of WS (5.80%) is better than 76.28% of its industry peers.
- With a decent Return On Equity value of 11.15%, WS is doing good in the industry, outperforming 78.85% of the companies in the same industry.
- WS's Return On Invested Capital of 8.03% is fine compared to the rest of the industry. WS outperforms 71.15% of its industry peers.
- WS had an Average Return On Invested Capital over the past 3 years of 9.34%. This is in line with the industry average of 10.34%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.8% | ||
| ROE | 11.15% | ||
| ROIC | 8.03% |
ROA(3y)6.29%
ROA(5y)8.01%
ROE(3y)11.49%
ROE(5y)15.25%
ROIC(3y)9.34%
ROIC(5y)12.06%
1.3 Margins
- WS has a Profit Margin of 3.82%. This is in the better half of the industry: WS outperforms 66.03% of its industry peers.
- WS's Profit Margin has declined in the last couple of years.
- With a Operating Margin value of 5.17%, WS perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
- WS's Operating Margin has been stable in the last couple of years.
- With a Gross Margin value of 12.76%, WS perfoms like the industry average, outperforming 44.23% of the companies in the same industry.
- WS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.17% | ||
| PM (TTM) | 3.82% | ||
| GM | 12.76% |
OM growth 3Y-1.36%
OM growth 5YN/A
PM growth 3Y-6.89%
PM growth 5YN/A
GM growth 3Y8.93%
GM growth 5YN/A
2. Health
2.1 Basic Checks
- WS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, WS has more shares outstanding
- The debt/assets ratio for WS has been reduced compared to a year ago.
2.2 Solvency
- WS has an Altman-Z score of 3.34. This indicates that WS is financially healthy and has little risk of bankruptcy at the moment.
- WS's Altman-Z score of 3.34 is in line compared to the rest of the industry. WS outperforms 46.15% of its industry peers.
- WS has a debt to FCF ratio of 2.62. This is a good value and a sign of high solvency as WS would need 2.62 years to pay back of all of its debts.
- WS has a better Debt to FCF ratio (2.62) than 75.64% of its industry peers.
- WS has a Debt/Equity ratio of 0.14. This is a healthy value indicating a solid balance between debt and equity.
- WS's Debt to Equity ratio of 0.14 is in line compared to the rest of the industry. WS outperforms 56.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 2.62 | ||
| Altman-Z | 3.34 |
ROIC/WACC0.77
WACC10.4%
2.3 Liquidity
- A Current Ratio of 1.80 indicates that WS should not have too much problems paying its short term obligations.
- WS has a Current ratio of 1.80. This is in the lower half of the industry: WS underperforms 63.46% of its industry peers.
- A Quick Ratio of 1.09 indicates that WS should not have too much problems paying its short term obligations.
- The Quick ratio of WS (1.09) is worse than 64.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.09 |
3. Growth
3.1 Past
- WS shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.93%.
- The earnings per share for WS have been decreasing by -15.32% on average. This is quite bad
- WS shows a decrease in Revenue. In the last year, the revenue decreased by -0.75%.
- WS shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -8.73% yearly.
EPS 1Y (TTM)-8.93%
EPS 3Y-15.32%
EPS 5YN/A
EPS Q2Q%100%
Revenue 1Y (TTM)-0.75%
Revenue growth 3Y-8.73%
Revenue growth 5YN/A
Sales Q2Q%17.98%
3.2 Future
- Based on estimates for the next years, WS will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.59% on average per year.
- The Revenue is expected to grow by 4.42% on average over the next years.
EPS Next Y18.09%
EPS Next 2Y20.48%
EPS Next 3Y15.9%
EPS Next 5Y9.59%
Revenue Next Year18.78%
Revenue Next 2Y11%
Revenue Next 3Y8%
Revenue Next 5Y4.42%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- 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
- WS is valuated correctly with a Price/Earnings ratio of 15.71.
- Compared to the rest of the industry, the Price/Earnings ratio of WS indicates a rather cheap valuation: WS is cheaper than 94.87% of the companies listed in the same industry.
- WS's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.32.
- With a Price/Forward Earnings ratio of 12.83, WS is valued correctly.
- 80.77% of the companies in the same industry are more expensive than WS, based on the Price/Forward Earnings ratio.
- WS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.71 | ||
| Fwd PE | 12.83 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, WS is valued cheaply inside the industry as 90.38% of the companies are valued more expensively.
- 85.26% of the companies in the same industry are more expensive than WS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.08 | ||
| EV/EBITDA | 8.18 |
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.
- The decent profitability rating of WS may justify a higher PE ratio.
- WS's earnings are expected to grow with 15.90% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.87
PEG (5Y)N/A
EPS Next 2Y20.48%
EPS Next 3Y15.9%
5. Dividend
5.1 Amount
- WS has a Yearly Dividend Yield of 1.73%.
- WS's Dividend Yield is rather good when compared to the industry average which is at 0.96. WS pays more dividend than 85.26% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.86, WS has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.73% |
5.2 History
- WS has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 26.08% of the earnings are spent on dividend by WS. This is a low number and sustainable payout ratio.
DP26.08%
EPS Next 2Y20.48%
EPS Next 3Y15.9%
40.05
+0.55 (+1.39%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)12-17 2025-12-17/amc
Earnings (Next)03-17 2026-03-17
Inst Owners54.48%
Inst Owner Change0.33%
Ins Owners36.58%
Ins Owner Change2.69%
Market Cap2.04B
Revenue(TTM)3.27B
Net Income(TTM)124.60M
Analysts82
Price Target41.82 (4.42%)
Short Float %2.91%
Short Ratio4.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.73% |
Yearly Dividend0.65
Dividend Growth(5Y)N/A
DP26.08%
Div Incr Years0
Div Non Decr Years0
Ex-Date03-13 2026-03-13 (0.16)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.52%
Min EPS beat(2)-5.4%
Max EPS beat(2)-1.64%
EPS beat(4)1
Avg EPS beat(4)-3.17%
Min EPS beat(4)-29.21%
Max EPS beat(4)23.57%
EPS beat(8)3
Avg EPS beat(8)-5.84%
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)2
Avg Revenue beat(2)3.86%
Min Revenue beat(2)1.54%
Max Revenue beat(2)6.18%
Revenue beat(4)3
Avg Revenue beat(4)0.64%
Min Revenue beat(4)-6.19%
Max Revenue beat(4)6.18%
Revenue beat(8)6
Avg Revenue beat(8)3.29%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)13.89%
PT rev (3m)13.89%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-20.69%
EPS NY rev (1m)0%
EPS NY rev (3m)-5.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)10.39%
Revenue NY rev (1m)0%
Revenue NY rev (3m)8.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.71 | ||
| Fwd PE | 12.83 | ||
| P/S | 0.62 | ||
| P/FCF | 28.08 | ||
| P/OCF | 10.14 | ||
| P/B | 1.82 | ||
| P/tB | 2.2 | ||
| EV/EBITDA | 8.18 |
EPS(TTM)2.55
EY6.37%
EPS(NY)3.12
Fwd EY7.79%
FCF(TTM)1.43
FCFY3.56%
OCF(TTM)3.95
OCFY9.86%
SpS64.24
BVpS21.98
TBVpS18.24
PEG (NY)0.87
PEG (5Y)N/A
Graham Number35.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.8% | ||
| ROE | 11.15% | ||
| ROCE | 10.79% | ||
| ROIC | 8.03% | ||
| ROICexc | 8.48% | ||
| ROICexgc | 9.64% | ||
| OM | 5.17% | ||
| PM (TTM) | 3.82% | ||
| GM | 12.76% | ||
| FCFM | 2.22% |
ROA(3y)6.29%
ROA(5y)8.01%
ROE(3y)11.49%
ROE(5y)15.25%
ROIC(3y)9.34%
ROIC(5y)12.06%
ROICexc(3y)9.6%
ROICexc(5y)12.34%
ROICexgc(3y)10.85%
ROICexgc(5y)13.6%
ROCE(3y)12.75%
ROCE(5y)15.86%
ROICexgc growth 3Y-10.2%
ROICexgc growth 5YN/A
ROICexc growth 3Y-9.72%
ROICexc growth 5YN/A
OM growth 3Y-1.36%
OM growth 5YN/A
PM growth 3Y-6.89%
PM growth 5YN/A
GM growth 3Y8.93%
GM growth 5YN/A
F-Score3
Asset Turnover1.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 2.62 | ||
| Debt/EBITDA | 0.64 | ||
| Cap/Depr | 169.8% | ||
| Cap/Sales | 3.93% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 82.12% | ||
| Profit Quality | 58.19% | ||
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.09 | ||
| Altman-Z | 3.34 |
F-Score3
WACC10.4%
ROIC/WACC0.77
Cap/Depr(3y)140.43%
Cap/Depr(5y)109.29%
Cap/Sales(3y)2.83%
Cap/Sales(5y)2.15%
Profit Quality(3y)153.93%
Profit Quality(5y)107.18%
High Growth Momentum
Growth
EPS 1Y (TTM)-8.93%
EPS 3Y-15.32%
EPS 5YN/A
EPS Q2Q%100%
EPS Next Y18.09%
EPS Next 2Y20.48%
EPS Next 3Y15.9%
EPS Next 5Y9.59%
Revenue 1Y (TTM)-0.75%
Revenue growth 3Y-8.73%
Revenue growth 5YN/A
Sales Q2Q%17.98%
Revenue Next Year18.78%
Revenue Next 2Y11%
Revenue Next 3Y8%
Revenue Next 5Y4.42%
EBIT growth 1Y-14.22%
EBIT growth 3Y-9.98%
EBIT growth 5YN/A
EBIT Next Year78.24%
EBIT Next 3Y28.85%
EBIT Next 5Y16.8%
FCF growth 1Y3.95%
FCF growth 3Y218.23%
FCF growth 5YN/A
OCF growth 1Y15.44%
OCF growth 3Y79.98%
OCF growth 5YN/A
WORTHINGTON STEEL INC / WS FAQ
What is the ChartMill fundamental rating of WORTHINGTON STEEL INC (WS) stock?
ChartMill assigns a fundamental rating of 5 / 10 to WS.
What is the valuation status of WORTHINGTON STEEL INC (WS) stock?
ChartMill assigns a valuation rating of 7 / 10 to WORTHINGTON STEEL INC (WS). This can be considered as Undervalued.
What is the profitability of WS stock?
WORTHINGTON STEEL INC (WS) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for WS stock?
The Price/Earnings (PE) ratio for WORTHINGTON STEEL INC (WS) is 15.71 and the Price/Book (PB) ratio is 1.82.
Is the dividend of WORTHINGTON STEEL INC sustainable?
The dividend rating of WORTHINGTON STEEL INC (WS) is 4 / 10 and the dividend payout ratio is 26.08%.