(CMC) Commercial Metals - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US2017231034

Steel, Rebar, Scrap, Wire, Fabrication

Stock: Steel
Age 39.1y

MCap 8,417m
Avg Vol 1.27M (94.4M USD)

Beta 1.218
Volatility 33.81%

EPS (Earnings per Share)

EPS CAGR: 5.04%
EPS Trend: -58.0%

Last SUE: 3.02
Qual. Beats: 1

Revenue

Rev. CAGR: 1.45%
Rev. Trend: -51.0%

Last SUE: 1.23
Qual. Beats: 2

Dividends

Dividend Yield	1.65%
Yield on Cost 5y	3.59%
Yield CAGR 5y	9.54%
Payout Consistency	93.4%
Payout Ratio	17.1%

Risk via 5d forecast
Volatility	33.8%
Value at Risk 5%th	47.6%
Relative Tail Risk	-14.44%

Reward TTM
Sharpe Ratio	1.19
Alpha	31.51
CAGR/Max DD	0.40

Character TTM
Hurst Exponent	0.310
Beta	1.218
Beta Downside	1.131

Drawdowns 3y
Max DD	37.63%
Mean DD	12.41%
Median DD	10.92%

Description: CMC Commercial Metals January 10, 2026

Commercial Metals Company (NYSE:CMC) is a vertically integrated steel producer that mines, recycles, and fabricates ferrous and non-ferrous metal products across North America, Europe, and emerging markets. Its operations are organized into three segments: North America Steel Group, Europe Steel Group, and Emerging Businesses Group, covering everything from scrap processing to finished long-steel items such as rebar, merchant bar, and specialty sections.

Key performance indicators from the most recent fiscal year show an adjusted EBITDA margin of roughly 13% and a capacity utilization rate of about 85% in its North American facilities, reflecting strong demand in construction and infrastructure. The company’s revenue is highly correlated with U.S. residential and non-residential construction spending, which has been buoyed by a 4.2% YoY increase in building permits and a 3% rise in the Producer Price Index for steel. Additionally, CMC benefits from a growing “green steel” niche, as its scrap-based production yields lower carbon intensity-a factor gaining traction amid tightening ESG regulations.

For a deeper dive into how these dynamics translate into valuation metrics, you might find a quick look at ValueRay’s analyst toolkit useful.

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income (437.7m TTM) > 0 and > 6% of Revenue (6% = 480.6m TTM)

FCFTA 0.03 (>2.0%) and ΔFCFTA -3.83pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 53.39% (prev 26.21%; Δ 27.18pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.08 (>3.0%) and CFO 706.2m > Net Income 437.7m (YES >=105%, WARN >=100%)

Net Debt (2.33b) to EBITDA (869.0m) ratio: 2.68 <= 3.0 (WARN <= 3.5)

Current Ratio 4.47 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (112.3m) change vs 12m ago -1.58% (target <= -2.0% for YES)

Gross Margin 16.47% (prev 16.18%; Δ 0.29pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 100.0% (prev 115.7%; Δ -15.63pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 9.84 (EBITDA TTM 869.0m / Interest Expense TTM 59.0m) >= 6 (WARN >= 3)

Altman Z'' 6.16

(A) 0.46 = (Total Current Assets 5.51b - Total Current Liabilities 1.23b) / Total Assets 9.24b

(B) 0.50 = Retained Earnings (Balance) 4.66b / Total Assets 9.24b

(D) 0.94 = Book Value of Equity 4.64b / Total Liabilities 4.93b

Total Rating: 6.16 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 49.13

1. Piotroski 4.50pt

2. FCF Yield 2.76%

3. FCF Margin 3.70%

4. Debt/Equity 0.78

5. Debt/Ebitda 2.68

6. ROIC - WACC (= 1.79)%

7. RoE 10.54%

8. Rev. Trend -51.03%

9. EPS Trend -57.99%

What is the price of CMC shares?

As of January 21, 2026, the stock is trading at USD 75.32 with a total of 1,163,759 shares traded.
Over the past week, the price has changed by +1.67%, over one month by +7.14%, over three months by +29.18% and over the past year by +47.63%.

Is CMC a buy, sell or hold?

Commercial Metals has received a consensus analysts rating of 3.45. Therefor, it is recommend to hold CMC.

Strong Buy: 2
Buy: 1
Hold: 8
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the CMC price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	79.1	5%
Analysts Target Price	79.1	5%
ValueRay Target Price	90.1	19.7%

CMC Fundamental Data Overview January 17, 2026

P/E Trailing = 19.6373
P/E Forward = 12.9032
P/S = 1.051
P/B = 1.9099
P/EG = 12.2526
Revenue TTM = 8.01b USD
EBIT TTM = 580.8m USD
EBITDA TTM = 869.0m USD
Long Term Debt = 3.31b USD (from longTermDebt, last quarter)
Short Term Debt = 46.3m USD (from shortTermDebt, last quarter)
Debt = 3.35b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.33b USD (from netDebt column, last quarter)
Enterprise Value = 10.75b USD (8.42b + Debt 3.35b - CCE 1.02b)
Interest Coverage Ratio = 9.84 (Ebit TTM 580.8m / Interest Expense TTM 59.0m)
EV/FCF = 36.28x (Enterprise Value 10.75b / FCF TTM 296.2m)
FCF Yield = 2.76% (FCF TTM 296.2m / Enterprise Value 10.75b)
FCF Margin = 3.70% (FCF TTM 296.2m / Revenue TTM 8.01b)
Net Margin = 5.46% (Net Income TTM 437.7m / Revenue TTM 8.01b)
Gross Margin = 16.47% ((Revenue TTM 8.01b - Cost of Revenue TTM 6.69b) / Revenue TTM)
Gross Margin QoQ = 19.20% (prev 18.58%)
Tobins Q-Ratio = 1.16 (Enterprise Value 10.75b / Total Assets 9.24b)
Interest Expense / Debt = 0.74% (Interest Expense 24.8m / Debt 3.35b)
Taxrate = 3.09% (5.65m / 182.9m)
NOPAT = 562.9m (EBIT 580.8m * (1 - 3.09%))
Current Ratio = 4.47 (Total Current Assets 5.51b / Total Current Liabilities 1.23b)
Debt / Equity = 0.78 (Debt 3.35b / totalStockholderEquity, last quarter 4.31b)
Debt / EBITDA = 2.68 (Net Debt 2.33b / EBITDA 869.0m)
Debt / FCF = 7.86 (Net Debt 2.33b / FCF TTM 296.2m)
Total Stockholder Equity = 4.15b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.47% (Net Income 437.7m / Total Assets 9.24b)
RoE = 10.54% (Net Income TTM 437.7m / Total Stockholder Equity 4.15b)
RoCE = 7.79% (EBIT 580.8m / Capital Employed (Equity 4.15b + L.T.Debt 3.31b))
RoIC = 9.44% (NOPAT 562.9m / Invested Capital 5.96b)
WACC = 7.64% (E(8.42b)/V(11.77b) * Re(10.40%) + D(3.35b)/V(11.77b) * Rd(0.74%) * (1-Tc(0.03)))
Discount Rate = 10.40% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.61%
[DCF Debug] Terminal Value 74.27% ; FCFF base≈368.2m ; Y1≈270.8m ; Y5≈155.0m
Fair Price DCF = 7.26 (EV 3.13b - Net Debt 2.33b = Equity 805.1m / Shares 110.9m; r=7.64% [WACC]; 5y FCF grow -31.24% → 2.90% )
[DCF Warning] FCF declining rapidly (-31.24%), DCF may be unreliable
EPS Correlation: -57.99 | EPS CAGR: 5.04% | SUE: 3.02 | # QB: 1
Revenue Correlation: -51.03 | Revenue CAGR: 1.45% | SUE: 1.23 | # QB: 2
EPS next Quarter (2026-02-28): EPS=1.40 | Chg30d=+0.198 | Revisions Net=+1 | Analysts=6
EPS current Year (2026-08-31): EPS=7.04 | Chg30d=+0.994 | Revisions Net=+5 | Growth EPS=+124.9% | Growth Revenue=+16.1%
EPS next Year (2027-08-31): EPS=6.93 | Chg30d=+1.718 | Revisions Net=+4 | Growth EPS=-1.6% | Growth Revenue=+6.9%

Additional Sources for CMC Stock

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