(IIIN) Insteel Industries - Overview
Stock: Prestressed Strand, Welded Mesh, Structural Mesh, Pipe Mesh, Crack Mesh
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 0.38% |
| Yield on Cost 5y | 0.43% |
| Yield CAGR 5y | 0.00% |
| Payout Consistency | 67.7% |
| Payout Ratio | 4.8% |
| Risk 5d forecast | |
|---|---|
| Volatility | 36.8% |
| Relative Tail Risk | -9.24% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.76 |
| Alpha | 14.32 |
| Character TTM | |
|---|---|
| Beta | 0.802 |
| Beta Downside | 0.580 |
| Drawdowns 3y | |
|---|---|
| Max DD | 39.06% |
| CAGR/Max DD | 0.21 |
Description: IIIN Insteel Industries December 25, 2025
Insteel Industries Inc. (NYSE: IIIN) manufactures steel-wire reinforcing products for concrete construction, primarily prestressed concrete (PC) strand and welded-wire reinforcement (WWR). Its PC strand is a seven-wire system used to add compression to precast elements such as bridges, parking decks, and buildings, while its WWR portfolio includes engineered structural mesh, concrete-pipe reinforcement, and standard welded wire for crack-control in residential and light commercial projects. The company sells through a network of sales representatives to concrete manufacturers, rebar fabricators, distributors, and contractors, and has operated since 1953 from its headquarters in Mount Airy, North Carolina.
Key operating metrics (FY 2024) show revenue of roughly $520 million, a gross margin near 30 % and a modest EPS growth of 5 % YoY, reflecting steady demand from the U.S. construction sector. The business is highly sensitive to two macro drivers: (1) overall construction spending, which the U.S. Census Bureau projects to rise 3-4 % annually through 2026, and (2) steel-price volatility, where a 10 % swing in raw-material costs can shift operating income by ± $20 million. Recent infrastructure legislation and the ongoing residential-building rebound have been cited as tailwinds for reinforced-concrete demand.
For a deeper quantitative view, you might explore IIIN’s metrics on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 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 1494 % > 0.5%) |
| Asset Turnover: 157.5% > 50% (prev 132.7%; Δ 24.76% > 0%) |
| Interest Coverage Ratio: 1193 > 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?
Over the past week, the price has changed by +10.47%, over one month by +12.06%, over three months by +17.19% and over the past year by +30.07%.
Is IIIN a buy, sell or hold?
- StrongBuy: 0
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the IIIN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 42 | 14.7% |
| Analysts Target Price | 42 | 14.7% |
| ValueRay Target Price | 36.8 | 0.5% |
IIIN Fundamental Data Overview February 02, 2026
P/E Forward = 12.0482
P/S = 0.9482
P/B = 1.7772
P/EG = 1.3571
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 = 630.8m USD (642.8m + Debt 3.55m - CCE 15.6m)
Interest Coverage Ratio = 1193 (Ebit TTM 62.0m / Interest Expense TTM 52.0k)
EV/FCF = 1000.0x (Enterprise Value 630.8m / FCF TTM 439.0k)
FCF Yield = 0.07% (FCF TTM 439.0k / Enterprise Value 630.8m)
FCF Margin = 0.06% (FCF TTM 439.0k / 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 = 1.38 (Enterprise Value 630.8m / 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 439.0k)
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 = 8.82% (E(642.8m)/V(646.3m) * Re(8.87%) + D(3.55m)/V(646.3m) * Rd(0.37%) * (1-Tc(0.21)))
Discount Rate = 8.87% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.06%
[DCF Debug] Terminal Value 71.94% ; FCFF base≈18.6m ; Y1≈15.6m ; Y5≈11.5m
Fair Price DCF = 10.03 (EV 182.5m - Net Debt -12.0m = Equity 194.6m / Shares 19.4m; r=8.82% [WACC]; 5y FCF grow -19.70% → 2.90% )
EPS Correlation: -37.24 | 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 (2026-03-31): EPS=0.64 | Chg30d=-0.070 | Revisions Net=+1 | Analysts=2
EPS current Year (2026-09-30): EPS=2.72 | Chg30d=-0.220 | Revisions Net=+1 | Growth EPS=+23.6% | Growth Revenue=+12.0%
EPS next Year (2027-09-30): EPS=3.20 | Chg30d=+0.000 | Revisions Net=+0 | Growth EPS=+17.6% | Growth Revenue=+6.8%