XNYSWS
Market cap1.48bUSD
Jan 10, Last price
29.15USD
1D
-3.48%
1Q
-13.63%
IPO
31.31%
Name
Worthington Steel Inc
Chart & Performance
P/E
9.57
P/S
0.43
EPS
3.05
Div Yield, %
0.53%
Shrs. gr., 5y
—
Rev. gr., 5y
%
Revenues
3.43b
-5.01%
Net income
155m
+77.61%
CFO
200m
-36.67%
Dividend
Mar 14, 20250.16 USD/sh
Earnings
Mar 19, 2025
Profile
Worthington Steel, Inc. operates as a steel processor in North America. It offers carbon flat-rolled steel and tailor welded blanks, as well as electrical steel laminations; and aluminum tailor welded blanks. The company serves various end-markets, including automotive, heavy truck, agriculture, construction, and energy. Worthington Steel, Inc. was incorporated in 2023 and is based in Columbus, Ohio.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY |
|---|---|---|---|---|
| 2024‑05 | 2023‑05 | 2022‑05 | 2021‑05 | |
| Income | ||||
Revenues | 3,430,600 -5.01% | 3,611,587 -11.24% | 4,068,934 91.26% | |
Cost of revenue | 2,990,800 | 3,271,182 | 3,673,474 | |
Unusual Expense (Income) | ||||
NOPBT | 439,800 | 340,405 | 395,460 | |
NOPBT Margin | 12.82% | 9.43% | 9.72% | |
Operating Taxes | 46,100 | 28,164 | 53,956 | |
Tax Rate | 10.48% | 8.27% | 13.64% | |
NOPAT | 393,700 | 312,241 | 341,504 | |
Net income | 154,700 77.61% | 87,100 -51.72% | 180,400 5.49% | |
Dividends | (7,900) | |||
Dividend yield | 0.49% | |||
Proceeds from repurchase of equity | 300 | |||
BB yield | -0.02% | |||
| Debt | ||||
Debt current | 163,200 | 28,739 | 68,640 | |
Long-term debt | 144,200 | 149,238 | 156,165 | |
Deferred revenue | ||||
Other long-term liabilities | 34,300 | 33,648 | 38,966 | |
Net debt | 132,200 | 30,749 | 85,428 | |
| Cash flow | ||||
Cash from operating activities | 199,500 | 315,011 | 39,491 | |
CAPEX | (103,400) | (45,470) | (36,442) | |
Cash from investing activities | (123,200) | (22,153) | (395,347) | |
Cash from financing activities | (68,800) | (280,232) | 358,449 | |
FCF | 319,235 | 480,485 | (141,905) | |
| Balance | ||||
Cash | 40,200 | 32,678 | 20,052 | |
Long term investments | 135,000 | 114,550 | 119,325 | |
Excess cash | 3,670 | |||
Stockholders' equity | 212,200 | 1,154,575 | 1,266,361 | |
Invested Capital | 1,379,630 | 1,256,684 | 1,421,487 | |
ROIC | 29.87% | 23.32% | 30.40% | |
ROCE | 31.16% | 26.54% | 27.14% | |
| EV | ||||
Common stock shares outstanding | 49,332 | 50,025 | 50,025 | |
Price | 32.99 | |||
Market cap | 1,627,447 | |||
EV | 1,891,847 | |||
EBITDA | 505,100 | 409,988 | 454,961 | |
EV/EBITDA | 3.75 | |||
Interest | 6,000 | 3,000 | 3,000 | |
Interest/NOPBT | 1.36% | 0.88% | 0.76% | |