(IIIN) Insteel Industries - Overview

Sector: Industrials | Industry: Metal Fabrication | Exchange: NYSE (USA) | Market Cap: 656m USD | Total Return: 49.5% in 12m

Steel Wire, Concrete Reinforcement, Structural Mesh, Pipe Reinforcement
Total Rating 61
Safety 89
Buy Signal 0.58
Metal Fabrication
Industry Rotation: +4.2
Market Cap: 656M
Avg Turnover: 4.17M USD
ATR: 3.29%
Peers RS (IBD): 69.6
Risk 5d forecast
Volatility37.4%
Rel. Tail Risk-8.60%
Reward TTM
Sharpe Ratio1.12
Alpha10.11
Character TTM
Beta1.062
Beta Downside0.956
Drawdowns 3y
Max DD39.06%
CAGR/Max DD0.23
EPS (Earnings per Share) EPS (Earnings per Share) of IIIN over the last years for every Quarter: "2021-03": 0.79, "2021-06": 1, "2021-09": 1.29, "2021-12": 1.18, "2022-03": 1.97, "2022-06": 1.96, "2022-09": 1.24, "2022-12": 0.57, "2023-03": 0.26, "2023-06": 0.54, "2023-09": 0.29, "2023-12": 0.06, "2024-03": 0.35, "2024-06": 0.34, "2024-09": 0.24, "2024-12": 0.06, "2025-03": 0.55, "2025-06": 0.81, "2025-09": 0.75, "2025-12": 0.39,
EPS CAGR: -35.07%
EPS Trend: -37.4%
Last SUE: 0.50
Qual. Beats: 0
Revenue Revenue of IIIN over the last years for every Quarter: 2021-03: 138.999, 2021-06: 160.739, 2021-09: 171.258, 2021-12: 178.459, 2022-03: 213.209, 2022-06: 227.173, 2022-09: 207.991, 2022-12: 166.899, 2023-03: 159.051, 2023-06: 165.714, 2023-09: 157.524, 2023-12: 121.725, 2024-03: 127.394, 2024-06: 145.775, 2024-09: 134.304, 2024-12: 129.72, 2025-03: 160.656, 2025-06: 179.886, 2025-09: 177.444, 2025-12: 159.924,
Rev. CAGR: -7.38%
Rev. Trend: -45.3%
Last SUE: -0.23
Qual. Beats: 0

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: IIIN Insteel Industries

Insteel Industries Inc. (IIIN) manufactures and sells steel wire reinforcing products for concrete construction. The companys primary products are prestressed concrete strand (PC strand) and welded wire reinforcement (WWR).

PC strand reinforces precast concrete structures like bridges and buildings. WWR is used in both nonresidential and residential construction. This includes engineered structural mesh, concrete pipe reinforcement, and standard welded wire reinforcement for crack control.

The company distributes its products through sales representatives to concrete product manufacturers, rebar fabricators, distributors, and contractors. The construction materials sector is cyclical, influenced by housing starts and infrastructure spending.

To understand IIINs market position and financial health, further research on platforms like ValueRay is recommended.

Headlines to Watch Out For
  • Construction spending directly impacts demand for steel reinforcing products
  • Steel prices significantly influence production costs and profitability
  • Infrastructure legislation drives demand for concrete reinforcement
  • Residential and non-residential construction activity affects sales
Piotroski VR‑10 (Strict) 5.0
Net Income: 47.5m TTM > 0 and > 6% of Revenue
FCF/TA: 0.00 > 0.02 and ΔFCF/TA -11.22 > 1.0
NWC/Revenue: 27.44% < 20% (prev 27.07%; Δ 0.37% < -1%)
CFO/TA 0.02 > 3% & CFO 7.48m > Net Income 47.5m
Net Debt (-12.0m) to EBITDA (80.5m): -0.15 < 3
Current Ratio: 3.58 > 1.5 & < 3
Outstanding Shares: last quarter (19.6m) vs 12m ago 0.01% < -2%
Gross Margin: 15.04% > 18% (prev 0.10%; Δ 1.49k% > 0.5%)
Asset Turnover: 157.5% > 50% (prev 132.7%; Δ 24.76% > 0%)
Interest Coverage Ratio: 1.19k > 6 (EBITDA TTM 80.5m / Interest Expense TTM 52.0k)
Altman Z'' 8.33
A: 0.41 (Total Current Assets 258.2m - Total Current Liabilities 72.2m) / Total Assets 456.1m
B: 0.55 (Retained Earnings 249.8m / Total Assets 456.1m)
C: 0.14 (EBIT TTM 62.0m / Avg Total Assets 430.4m)
D: 2.77 (Book Value of Equity 269.1m / Total Liabilities 97.3m)
Altman-Z'' Score: 8.33 = AAA
Beneish M -3.16
DSRI: 1.00 (Receivables 64.6m/51.2m, Revenue 677.9m/537.2m)
GMI: 0.65 (GM 15.04% / 9.85%)
AQI: 0.84 (AQ_t 0.16 / AQ_t-1 0.19)
SGI: 1.26 (Revenue 677.9m / 537.2m)
TATA: 0.09 (NI 47.5m - CFO 7.48m) / TA 456.1m)
Beneish M-Score: -3.16 (Cap -4..+1) = AA
What is the price of IIIN shares? As of April 09, 2026, the stock is trading at USD 35.39 with a total of 84,642 shares traded.
Over the past week, the price has changed by +3.60%, over one month by +6.54%, over three months by +7.70% and over the past year by +49.47%.
Is IIIN a buy, sell or hold? Insteel Industries has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold IIIN.
  • StrongBuy: 0
  • Buy: 0
  • Hold: 1
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the IIIN price?
Analysts Target Price 42 18.7%
Insteel Industries (IIIN) - Fundamental Data Overview as of 07 April 2026
P/E Trailing = 13.9136
P/E Forward = 11.1235
P/S = 0.9674
P/B = 1.8275
P/EG = 0.9268
Revenue TTM = 677.9m USD
EBIT TTM = 62.0m USD
EBITDA TTM = 80.5m USD
Long Term Debt = 3.55m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 1.81m USD (from shortTermDebt, last quarter)
Debt = 3.55m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -12.0m USD (from netDebt column, last quarter)
Enterprise Value = 643.8m USD (655.8m + Debt 3.55m - CCE 15.6m)
Interest Coverage Ratio = 1.19k (Ebit TTM 62.0m / Interest Expense TTM 52.0k)
EV/FCF = 1000.0x (Enterprise Value 643.8m / FCF TTM 439k)
FCF Yield = 0.07% (FCF TTM 439k / Enterprise Value 643.8m)
FCF Margin = 0.06% (FCF TTM 439k / Revenue TTM 677.9m)
Net Margin = 7.01% (Net Income TTM 47.5m / Revenue TTM 677.9m)
Gross Margin = 15.04% ((Revenue TTM 677.9m - Cost of Revenue TTM 575.9m) / Revenue TTM)
Gross Margin QoQ = 11.29% (prev 16.12%)
Tobins Q-Ratio = 1.41 (Enterprise Value 643.8m / Total Assets 456.1m)
Interest Expense / Debt = 0.37% (Interest Expense 13.0k / Debt 3.55m)
Taxrate = 21.05% (2.02m / 9.62m)
NOPAT = 49.0m (EBIT 62.0m * (1 - 21.05%))
Current Ratio = 3.58 (Total Current Assets 258.2m / Total Current Liabilities 72.2m)
Debt / Equity = 0.01 (Debt 3.55m / totalStockholderEquity, last quarter 358.8m)
Debt / EBITDA = -0.15 (Net Debt -12.0m / EBITDA 80.5m)
Debt / FCF = -27.42 (Net Debt -12.0m / FCF TTM 439k)
Total Stockholder Equity = 357.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 11.04% (Net Income 47.5m / Total Assets 456.1m)
RoE = 13.31% (Net Income TTM 47.5m / Total Stockholder Equity 357.0m)
RoCE = 17.20% (EBIT 62.0m / Capital Employed (Equity 357.0m + L.T.Debt 3.55m))
RoIC = 13.71% (NOPAT 49.0m / Invested Capital 357.0m)
WACC = 9.67% (E(655.8m)/V(659.3m) * Re(9.72%) + D(3.55m)/V(659.3m) * Rd(0.37%) * (1-Tc(0.21)))
Discount Rate = 9.72% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.06%
[DCF] Terminal Value 69.16% ; FCFF base≈18.6m ; Y1≈15.6m ; Y5≈11.6m
[DCF] Fair Price = 9.01 (EV 162.8m - Net Debt -12.0m = Equity 174.8m / Shares 19.4m; r=9.67% [WACC]; 5y FCF grow -19.70% → 3.0% )
EPS Correlation: -37.40 | EPS CAGR: -35.07% | SUE: 0.50 | # QB: 0
Revenue Correlation: -45.32 | Revenue CAGR: -7.38% | SUE: -0.23 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.84 | Chg7d=-0.110 | Chg30d=-0.110 | Revisions Net=-1 | Analysts=2
EPS current Year (2026-09-30): EPS=2.72 | Chg7d=-0.220 | Chg30d=-0.220 | Revisions Net=+1 | Growth EPS=+23.6% | Growth Revenue=+12.0%
EPS next Year (2027-09-30): EPS=3.20 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=+0 | Growth EPS=+17.6% | Growth Revenue=+6.8%
[Analyst] Revisions Ratio: -1.00 (0 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 2.5% (Discount Rate 9.7% - Earnings Yield 7.2%)
[Growth] Growth Spread = +6.7% (Analyst 9.2% - Implied 2.5%)
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