Worthington Steel Financials
| WS Stock | 31.21 0.37 1.20% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Net Profit Margin | 0.0255 | 0.0269 |
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| Return On Assets | 0.0952 | 0.055 |
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| Return On Equity | 0.19 | 0.0942 |
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| Debt Equity Ratio | 0.0655 | 0.0878 |
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| Operating Income | 153.5 M | 114.7 M |
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| Current Ratio | 1.55 | 1.85 |
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The financial analysis of Worthington Steel is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Worthington Steel includes many different criteria found on its balance sheet. For example, investors should never minimize Worthington Steel's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Worthington Steel's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Worthington Steel.
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With this module, you can analyze Worthington financials for your investing period. You should be able to track the changes in Worthington Steel individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Worthington | Select Account or Indicator |
Understanding current and past Worthington Steel Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Worthington Steel's financial statements are interrelated, with each one affecting the others. For example, an increase in Worthington Steel's assets may result in an increase in income on the income statement.
The data published in Worthington Steel's official financial statements usually reflect Worthington Steel's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Worthington Steel. For example, before you start analyzing numbers published by Worthington accountants, it's critical to develop an understanding of what Worthington Steel's liquidity, profitability, and earnings quality are in the context of the Metals & Mining space in which it operates.
Please note, the presentation of Worthington Steel's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Worthington Steel's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Worthington Steel's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Worthington Steel. Please utilize our Beneish M Score to check the likelihood of Worthington Steel's management manipulating its earnings.
Worthington Steel Stock Summary
Worthington Steel competes with ESAB Corp, Insteel Industries, Mayville Engineering, Ryerson Holding, and Mueller Industries. Worthington Steel is entity of United States. It is traded as Stock on NYSE exchange.Specialization | Basic Materials, Materials |
| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| ISIN | US9821041012 |
| CUSIP | 982104101 |
| Location | Ohio; U.S.A |
| Business Address | 100 Old Wilson |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | NYSE Composite |
| Website | www.worthingtonsteel.com |
| Phone | 614 438 3210 |
You should never invest in Worthington Steel without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Worthington Stock, because this is throwing your money away. Analyzing the key information contained in Worthington Steel's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Worthington Steel Key Financial Ratios
Generally speaking, Worthington Steel's financial ratios allow both analysts and investors to convert raw data from Worthington Steel's financial statements into concise, actionable information that can be used to evaluate the performance of Worthington Steel over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Worthington Steel reports annually and quarterly.| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.01 % | ||||
| Price To Sales | 0.41 X |
Worthington Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Worthington Steel's current stock value. Our valuation model uses many indicators to compare Worthington Steel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Worthington Steel competition to find correlations between indicators driving Worthington Steel's intrinsic value. More Info.Worthington Steel is rated first in profit margin category among related companies. It is rated third in operating margin category among related companies reporting about 0.20 of Operating Margin per Profit Margin. The ratio of Profit Margin to Operating Margin for Worthington Steel is roughly 4.93 . At this time, Worthington Steel's Net Profit Margin is comparatively stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Worthington Steel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Worthington Steel's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Worthington Steel's earnings, one of the primary drivers of an investment's value.Worthington Steel Systematic Risk
Worthington Steel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Worthington Steel volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Worthington Steel correlated with the market. If Beta is less than 0 Worthington Steel generally moves in the opposite direction as compared to the market. If Worthington Steel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Worthington Steel is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Worthington Steel is generally in the same direction as the market. If Beta > 1 Worthington Steel moves generally in the same direction as, but more than the movement of the benchmark.
About Worthington Steel Financials
What exactly are Worthington Steel Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Worthington Steel's income statement, its balance sheet, and the statement of cash flows. Potential Worthington Steel investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Worthington Steel investors may use each financial statement separately, they are all related. The changes in Worthington Steel's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Worthington Steel's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Worthington Steel Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Worthington Steel is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Worthington has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Worthington Steel's financials are consistent with your investment objective using the following steps:- Review Worthington Steel's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Worthington Steel's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Worthington Steel's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Worthington Steel's stock is overvalued or undervalued.
Worthington Steel Thematic Clasifications
Worthington Steel is part of several thematic ideas from Iron to Steel Works Etc. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasToday, most investors in Worthington Steel Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Worthington Steel's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Worthington Steel growth as a starting point in their analysis.
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Worthington Steel April 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Worthington Steel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Worthington Steel. We use our internally-developed statistical techniques to arrive at the intrinsic value of Worthington Steel based on widely used predictive technical indicators. In general, we focus on analyzing Worthington Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Worthington Steel's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.18 | |||
| Information Ratio | 0.0183 | |||
| Maximum Drawdown | 21.73 | |||
| Value At Risk | (5.34) | |||
| Potential Upside | 5.01 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Worthington Steel. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Worthington Stock please use our How to Invest in Worthington Steel guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running Worthington Steel's price analysis, check to measure Worthington Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Worthington Steel is operating at the current time. Most of Worthington Steel's value examination focuses on studying past and present price action to predict the probability of Worthington Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worthington Steel's price. Additionally, you may evaluate how the addition of Worthington Steel to your portfolios can decrease your overall portfolio volatility.
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Is Worthington Steel's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Worthington Steel. If investors know Worthington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Worthington Steel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 67.536 | Quarterly Revenue Growth (0.07) |
The market value of Worthington Steel is measured differently than its book value, which is the value of Worthington that is recorded on the company's balance sheet. Investors also form their own opinion of Worthington Steel's value that differs from its market value or its book value, called intrinsic value, which is Worthington Steel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Worthington Steel's market value can be influenced by many factors that don't directly affect Worthington Steel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Worthington Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Worthington Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Worthington Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.