Logo image of WS

WORTHINGTON STEEL INC (WS) Stock Fundamental Analysis

NYSE:WS - New York Stock Exchange, Inc. - US9821041012 - Common Stock - Currency: USD

26.1  -0.25 (-0.95%)

After market: 25.6 -0.5 (-1.92%)

Fundamental Rating

4

Taking everything into account, WS scores 4 out of 10 in our fundamental rating. WS was compared to 154 industry peers in the Metals & Mining industry. The financial health of WS is average, but there are quite some concerns on its profitability. WS is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

Quickly go to:

3

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 Yearly Net Income VS EBIT VS OCF VS FCFWS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2021 2022 2023 2024 100M 200M 300M

1.2 Ratios

WS has a Return On Assets of 6.01%. This is in the better half of the industry: WS outperforms 78.57% of its industry peers.
WS has a Return On Equity of 10.69%. This is in the better half of the industry: WS outperforms 77.92% of its industry peers.
With a decent Return On Invested Capital value of 8.78%, WS is doing good in the industry, outperforming 79.87% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for WS is in line with the industry average of 8.83%.
Industry RankSector Rank
ROA 6.01%
ROE 10.69%
ROIC 8.78%
ROA(3y)7.29%
ROA(5y)N/A
ROE(3y)13.36%
ROE(5y)N/A
ROIC(3y)10.2%
ROIC(5y)N/A
WS Yearly ROA, ROE, ROICWS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2021 2022 2023 2024 5 10 15 20 25

1.3 Margins

WS has a Profit Margin of 3.41%. This is in the better half of the industry: WS outperforms 67.53% of its industry peers.
In the last couple of years the Profit Margin of WS has declined.
WS has a Operating Margin (4.93%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of WS has declined.
WS has a Gross Margin (12.38%) which is in line with its industry peers.
WS's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 4.93%
PM (TTM) 3.41%
GM 12.38%
OM growth 3Y-15.75%
OM growth 5YN/A
PM growth 3Y-17.52%
PM growth 5YN/A
GM growth 3Y-9.73%
GM growth 5YN/A
WS Yearly Profit, Operating, Gross MarginsWS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2021 2022 2023 2024 5 10 15

More info and screens

6

2. Health

2.1 Basic Checks

WS has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for WS has been reduced compared to 1 year ago.
WS has a worse debt/assets ratio than last year.
WS Yearly Shares OutstandingWS Yearly Shares OutstandingYearly Shares Outstanding 2021 2022 2023 2024 10M 20M 30M 40M
WS Yearly Total Debt VS Total AssetsWS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

An Altman-Z score of 3.42 indicates that WS is not in any danger for bankruptcy at the moment.
WS has a Altman-Z score of 3.42. This is in the better half of the industry: WS outperforms 63.64% of its industry peers.
WS has a debt to FCF ratio of 1.36. This is a very positive value and a sign of high solvency as it would only need 1.36 years to pay back of all of its debts.
WS has a better Debt to FCF ratio (1.36) than 85.06% of its industry peers.
A Debt/Equity ratio of 0.11 indicates that WS is not too dependend on debt financing.
WS's Debt to Equity ratio of 0.11 is in line compared to the rest of the industry. WS outperforms 59.09% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF 1.36
Altman-Z 3.42
ROIC/WACC0.87
WACC10.14%
WS Yearly LT Debt VS Equity VS FCFWS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.3 Liquidity

A Current Ratio of 1.75 indicates that WS should not have too much problems paying its short term obligations.
WS has a worse Current ratio (1.75) than 62.99% of its industry peers.
WS has a Quick Ratio of 1.09. This is a normal value and indicates that WS is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.09, WS is doing worse than 64.29% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.75
Quick Ratio 1.09
WS Yearly Current Assets VS Current LiabilitesWS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2021 2022 2023 2024 200M 400M 600M 800M 1B

More info and screens

3

3. Growth

3.1 Past

The earnings per share for WS have decreased strongly by -43.01% in the last year.
Measured over the past years, WS shows a decrease in Earnings Per Share. The EPS has been decreasing by -3.16% on average per year.
The Revenue for WS has decreased by -48.24% in the past year. This is quite bad
Measured over the past years, WS shows a quite strong growth in Revenue. The Revenue has been growing by 17.27% on average per year.
EPS 1Y (TTM)-43.01%
EPS 3Y-3.16%
EPS 5YN/A
EPS Q2Q%-64.65%
Revenue 1Y (TTM)-48.24%
Revenue growth 3Y17.27%
Revenue growth 5YN/A
Sales Q2Q%-14.69%

3.2 Future

Based on estimates for the next years, WS will show a small growth in Earnings Per Share. The EPS will grow by 4.08% on average per year.
Based on estimates for the next years, WS will show a decrease in Revenue. The Revenue will decrease by -0.14% on average per year.
EPS Next Y-36.81%
EPS Next 2Y-7.18%
EPS Next 3Y2.39%
EPS Next 5Y4.08%
Revenue Next Year-9.14%
Revenue Next 2Y-4.69%
Revenue Next 3Y-0.87%
Revenue Next 5Y-0.14%

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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
WS Yearly Revenue VS EstimatesWS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 1B 2B 3B 4B
WS Yearly EPS VS EstimatesWS Yearly EPS VS EstimatesYearly EPS VS Estimates 2024 2025 2026 2027 2028 2029 2030 2031 2032 1 2 3 4

More info and screens

6

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 12.08, WS is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of WS indicates a rather cheap valuation: WS is cheaper than 90.91% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.91, WS is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.58, the valuation of WS can be described as reasonable.
Based on the Price/Forward Earnings ratio, WS is valued cheaply inside the industry as 80.52% of the companies are valued more expensively.
WS is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.85, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 12.08
Fwd PE 9.58
WS Price Earnings VS Forward Price EarningsWS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, WS is valued cheaper than 86.36% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of WS indicates a rather cheap valuation: WS is cheaper than 84.42% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 16.09
EV/EBITDA 5.76
WS Per share dataWS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-7.18%
EPS Next 3Y2.39%

More info and screens

3

5. Dividend

5.1 Amount

WS has a Yearly Dividend Yield of 2.38%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.00, WS pays a better dividend. On top of this WS pays more dividend than 82.47% of the companies listed in the same industry.
WS's Dividend Yield is comparable with the S&P500 average which is at 2.36.
Industry RankSector Rank
Dividend Yield 2.38%

5.2 History

WS is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
WS Yearly Dividends per shareWS Yearly Dividends per shareYearly Dividends per share 2024 2025 0.2 0.4 0.6

5.3 Sustainability

WS pays out 29.39% of its income as dividend. This is a sustainable payout ratio.
DP29.39%
EPS Next 2Y-7.18%
EPS Next 3Y2.39%
WS Yearly Income VS Free CF VS DividendWS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2021 2022 2023 2024 50M 100M 150M 200M 250M
WS Dividend Payout.WS Dividend Payout, showing the Payout Ratio.WS Dividend Payout.PayoutRetained Earnings

More info and screens

WORTHINGTON STEEL INC

NYSE:WS (5/22/2025, 8:04:00 PM)

After market: 25.6 -0.5 (-1.92%)

26.1

-0.25 (-0.95%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)03-19 2025-03-19/amc
Earnings (Next)06-24 2025-06-24/amc
Inst Owners50.23%
Inst Owner Change2.85%
Ins Owners35.92%
Ins Owner Change-0.62%
Market Cap1.32B
Analysts82
Price Target34.68 (32.87%)
Short Float %3.03%
Short Ratio3.37
Dividend
Industry RankSector Rank
Dividend Yield 2.38%
Yearly Dividend0.16
Dividend Growth(5Y)N/A
DP29.39%
Div Incr Years0
Div Non Decr Years0
Ex-Date06-13 2025-06-13 (0.16)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-49.96%
Min EPS beat(2)-70.72%
Max EPS beat(2)-29.21%
EPS beat(4)1
Avg EPS beat(4)-19.41%
Min EPS beat(4)-70.72%
Max EPS beat(4)22.52%
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)-3.23%
Min Revenue beat(2)-6.19%
Max Revenue beat(2)-0.27%
Revenue beat(4)2
Avg Revenue beat(4)1.46%
Min Revenue beat(4)-6.19%
Max Revenue beat(4)8.19%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)0%
PT rev (3m)-17.07%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.62%
EPS NY rev (1m)0%
EPS NY rev (3m)-13.97%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.21%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.08%
Valuation
Industry RankSector Rank
PE 12.08
Fwd PE 9.58
P/S 0.42
P/FCF 16.09
P/OCF 6.25
P/B 1.31
P/tB 1.53
EV/EBITDA 5.76
EPS(TTM)2.16
EY8.28%
EPS(NY)2.72
Fwd EY10.44%
FCF(TTM)1.62
FCFY6.21%
OCF(TTM)4.18
OCFY16.01%
SpS62.5
BVpS19.95
TBVpS17.02
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 6.01%
ROE 10.69%
ROCE 12.22%
ROIC 8.78%
ROICexc 9.2%
ROICexgc 10.36%
OM 4.93%
PM (TTM) 3.41%
GM 12.38%
FCFM 2.6%
ROA(3y)7.29%
ROA(5y)N/A
ROE(3y)13.36%
ROE(5y)N/A
ROIC(3y)10.2%
ROIC(5y)N/A
ROICexc(3y)10.43%
ROICexc(5y)N/A
ROICexgc(3y)11.84%
ROICexgc(5y)N/A
ROCE(3y)13.84%
ROCE(5y)N/A
ROICexcg growth 3Y-13.48%
ROICexcg growth 5YN/A
ROICexc growth 3Y-15.68%
ROICexc growth 5YN/A
OM growth 3Y-15.75%
OM growth 5YN/A
PM growth 3Y-17.52%
PM growth 5YN/A
GM growth 3Y-9.73%
GM growth 5YN/A
F-Score5
Asset Turnover1.76
Health
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF 1.36
Debt/EBITDA 0.51
Cap/Depr 198.93%
Cap/Sales 4.09%
Interest Coverage 250
Cash Conversion 95.75%
Profit Quality 76.06%
Current Ratio 1.75
Quick Ratio 1.09
Altman-Z 3.42
F-Score5
WACC10.14%
ROIC/WACC0.87
Cap/Depr(3y)94.97%
Cap/Depr(5y)N/A
Cap/Sales(3y)1.72%
Cap/Sales(5y)N/A
Profit Quality(3y)124.42%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-43.01%
EPS 3Y-3.16%
EPS 5YN/A
EPS Q2Q%-64.65%
EPS Next Y-36.81%
EPS Next 2Y-7.18%
EPS Next 3Y2.39%
EPS Next 5Y4.08%
Revenue 1Y (TTM)-48.24%
Revenue growth 3Y17.27%
Revenue growth 5YN/A
Sales Q2Q%-14.69%
Revenue Next Year-9.14%
Revenue Next 2Y-4.69%
Revenue Next 3Y-0.87%
Revenue Next 5Y-0.14%
EBIT growth 1Y-44.25%
EBIT growth 3Y-1.21%
EBIT growth 5YN/A
EBIT Next Year1.42%
EBIT Next 3Y14.09%
EBIT Next 5Y10.31%
FCF growth 1Y-64.34%
FCF growth 3Y-8.1%
FCF growth 5YN/A
OCF growth 1Y-36.67%
OCF growth 3Y9.34%
OCF growth 5YN/A