IIIN Stock Analysis: Insteel Industries | NYSE
Metal Fabrication | NYSE, USA | Market Cap: 581m USD | 12M Return: -25.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 9.89M
EPS Trend: 29.1%
Qual. Beats: -1
Rev. Trend: 14.2%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Insteel Industries (NYSE: IIIN) is a U.S.-based manufacturer of steel wire reinforcing products used in concrete construction, operating in the Building Products sub-industry of the Industrials sector. The company produces two main product lines: prestressed concrete strand (PC strand) and welded wire reinforcement (WWR), which are sold to manufacturers of concrete products, rebar fabricators, distributors, and contractors.
PC strand is used to apply compression forces to precast concrete elements in bridges, parking decks, and buildings, while the WWR portfolio includes engineered structural mesh, concrete pipe reinforcement, and standard welded wire reinforcement serving nonresidential, residential, and infrastructure applications such as drainage, sewage, and water treatment systems.
Founded in 1953 and headquartered in Mount Airy, North Carolina, Insteel relies on a direct sales representative network. Demand for its products is closely tied to U.S. nonresidential construction activity and infrastructure spending, as steel wire reinforcement competes with and complements traditional rebar in many concrete applications.
- Steel scrap price volatility pressures PC strand margins
- Nonresidential construction demand drives WWR volume growth
- Infrastructure spending lifts bridge reinforcement orders
- Capital returns accelerate through dividends and buybacks
| Net Income: 42.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -8.24 > 1.0 |
| NWC/Revenue: 27.91% < 20% (prev 27.41%; Δ 0.50% < -1%) |
| CFO/TA 0.03 > 3% & CFO 15.9m > Net Income 42.5m |
| Net Debt (-12.0m) to EBITDA (73.8m): -0.16 < 3 |
| Current Ratio: 3.71 > 1.5 & < 3 |
| Outstanding Shares: last quarter (19.6m) vs 12m ago 0.19% < -2% |
| Gross Margin: 13.62% > 18% (prev 10.82%; Δ 2.80% > 0.5%) |
| Asset Turnover: 156.4% > 50% (prev 135.2%; Δ 21.16% > 0%) |
| Interest Coverage Ratio: 895.1 > 6 (EBIT TTM 55.5m / Interest Expense TTM 62.0k) |
| A: 0.42 (Total Current Assets 263.5m - Total Current Liabilities 71.0m) / Total Assets 460.5m |
| B: 0.55 (Retained Earnings 254.4m / Total Assets 460.5m) |
| C: 0.13 (EBIT TTM 55.5m / Avg Total Assets 441.2m) |
| D: 3.80 (Book Value of Equity 364.5m / Total Liabilities 96.0m) |
| Altman-Z'' = 9.38 = AAA |
| DSRI: 0.86 (Receivables 83.3m/79.9m, Revenue 689.9m/570.5m) |
| GMI: 0.79 (GM 10.82% / 13.62%) |
| AQI: 0.84 (AQ_t 0.15 / AQ_t-1 0.18) |
| SGI: 1.21 (Revenue 689.9m / 570.5m) |
| TATA: 0.06 (NI 42.5m - CFO 15.9m) / TA 460.5m) |
| Beneish M = -3.26 (Cap -4..+1) = AA |
As of July 13, 2026, the stock is trading at USD 29.27 with a total of 112,317 shares traded. Over the past week, the price has changed by -2.17%, over one month by +1.32%, over three months by -21.28% and over the past year by -25.51%.
Current recommended Stop Loss: 28.10 (which is 4% or 1.3 ATR below the current price).
Insteel Industries has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold IIIN.
- StrongBuy: 0
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 37 | 26.4% |
P/E Trailing = 13.788
P/E Forward = 12.9534
P/S = 0.8428
P/B = 1.5951
P/EG = 1.0794
Revenue TTM = 689.9m USD
EBIT TTM = 55.5m USD
EBITDA TTM = 73.8m USD
Long Term Debt = 1.36m USD (estimated: total debt 3.04m - short term 1.68m)
Short Term Debt = 1.68m USD (from shortTermDebt, last quarter)
Debt = 3.04m USD (from shortLongTermDebtTotal, last quarter) (leases 3.04m already included)
Net Debt = -12.0m USD (calculated: Debt 3.04m - CCE 15.1m)
Enterprise Value = 569.4m USD (581.4m + Debt 3.04m - CCE 15.1m)
Interest Coverage Ratio = 895.1 (Ebit TTM 55.5m / Interest Expense TTM 62.0k)
EV/FCF = 85.57x (Enterprise Value 569.4m / FCF TTM 6.65m)
FCF Yield = 1.17% (FCF TTM 6.65m / Enterprise Value 569.4m)
FCF Margin = 0.96% (FCF TTM 6.65m / Revenue TTM 689.9m)
Net Margin = 6.16% (Net Income TTM 42.5m / Revenue TTM 689.9m)
Gross Margin = 13.62% ((Revenue TTM 689.9m - Cost of Revenue TTM 596.0m) / Revenue TTM)
Gross Margin QoQ = 9.55% (prev 11.29%)
Tobins Q-Ratio = 1.24 (Enterprise Value 569.4m / Total Assets 460.5m)
Interest Expense / Debt = 2.04% (Interest Expense 62.0k / Debt 3.04m)
Taxrate = 23.30% (12.9m / 55.4m)
NOPAT = 42.6m (EBIT 55.5m * (1 - 23.30%))
Current Ratio = 3.71 (Total Current Assets 263.5m / Total Current Liabilities 71.0m)
Debt / Equity = 0.01 (Debt 3.04m / totalStockholderEquity, last quarter 364.5m)
Debt / EBITDA = -0.16 (Net Debt -12.0m / EBITDA 73.8m)
Debt / FCF = -1.81 (Net Debt -12.0m / FCF TTM 6.65m)
Total Stockholder Equity = 362.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 9.64% (Net Income 42.5m / Total Assets 460.5m)
RoE = 11.72% (Net Income TTM 42.5m / Total Stockholder Equity 362.8m)
RoCE = 15.24% (EBIT 55.5m / Capital Employed (Equity 362.8m + L.T.Debt 1.36m))
RoIC = 11.32% (NOPAT 42.6m / Invested Capital 376.1m)
WACC = 9.20% (E(581.4m)/V(584.5m) * Re(9.24%) + D(3.04m)/V(584.5m) * Rd(2.04%) * (1-Tc(0.23)))
Discount Rate = 9.24% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -20.0 | Cagr: -0.02%
[DCF] Terminal Value 69.98% ; FCFF base≈20.3m ; Y1≈17.8m ; Y5≈14.4m
[DCF] Fair Price = 11.06 (EV 202.8m - Net Debt -12.0m = Equity 214.8m / Shares 19.4m; r=9.20% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 29.09 | EPS CAGR: 12.63% | SUE: -3.21 | # QB: -1
Revenue Correlation: 14.15 | Revenue CAGR: 1.56% | SUE: -0.64 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.45 | Chg30d=-47.02% | Revisions=+0% | Analysts=2
EPS current Year (2026-09-30): EPS=1.64 | Chg30d=-39.89% | Revisions=+0% | GrowthEPS=-25.7% | GrowthRev=+11.0%
EPS next Year (2027-09-30): EPS=2.31 | Chg30d=-27.81% | Revisions=-25% | GrowthEPS=+41.3% | GrowthRev=+9.6%
[Analyst] Revisions Ratio: -25% (up=0, down=1)