Insteel Industries, Inc.

$ 29.09 1.54 %

Insteel Industries, Inc., along with its various subsidiaries, focuses on the manufacturing and commercialization of steel wire reinforcement products specifically for concrete construction applications. The company's primary offerings include prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). Its PC strand is a distinctive seven-wire product designed to introduce compression into precast concrete elements and structures. This strengthens various constructions, such as bridges, parking garages, commercial buildings, and other concrete infrastructure. Additionally, Insteel supplies an engineered welded wire reinforcement (WWR) product utilized in both non-residential and residential construction endeavors. This WWR product line encompasses several types: Engineered structural mesh: A custom-made solution that functions as the main reinforcement for concrete elements and structures, often serving as an alternative to conventional hot-rolled rebar. Concrete pipe reinforcement: Another tailored product, engineered for primary reinforcement in concrete pipes, box culverts, and precast manholes, vital for drainage and sewage systems, water treatment facilities, and related utility applications. Standard welded wire reinforcement: A secondary reinforcement material aimed at preventing cracks in residential and light commercial settings, including driveways, sidewalks, and various slab-on-grade applications. Insteel distributes its products through a network of sales representatives to a diverse customer base, including concrete product manufacturers, rebar fabricators, distributors, and contractors. Its principal markets are located across the United States, Canada, Mexico, and extending into Central and South America. Founded in 1953, Insteel Industries, Inc. is headquartered in Mount Airy, North Carolina.

CEO: Howard Osler Woltz - https://www.insteel.com

Price objectif

-

Recommandation

Buy

DCF

$ 46.83

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IIIN vs S&P500

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Quick ratio

1.47

suggests a healthy liquidity position, showing that the company can likely meet its short-term obligations.

P/E ratio

13.41

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

2.17

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

11.72 %

reflects reasonable profitability, showing good use of equity.

ROIC

10.80 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

6.73

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.01

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

0.34

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

51.10 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
4 indicates moderate financial health
Altman score
6.71 indicates good financial health and low risk of bankruptcy
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Cash / Debt

Cash Ratio
0.21 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.01 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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