Overview Dividends

(IIIN) Insteel Industries - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US45774W1080

PC Strand, Welded Wire Reinforcement

IIIN EPS (Earnings per Share)

EPS Growth (3Y CAGR): 10.49%
EPS Trend (3Y Correlation): 14.0%

IIIN Revenue

Revenue Growth (3Y CAGR): 2.25%
Revenue Trend (3Y Correlation): 9.6%

Description: IIIN Insteel Industries October 22, 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 product 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 residential and light-commercial slab applications. Sales are executed through a network of representatives targeting concrete manufacturers, rebar fabricators, distributors, and contractors.

Key recent metrics: IIIN reported FY 2024 revenue of approximately $1.1 billion, with an adjusted EBITDA margin near 12%, reflecting stable pricing despite modest raw-material cost pressure. The company’s earnings are highly correlated with U.S. infrastructure spending; the bipartisan infrastructure law and state-level bridge-repair programs have driven a 7-10% YoY increase in demand for PC strand. Additionally, the residential construction slowdown in 2023 was partially offset by a rebound in multifamily and commercial projects, supporting WWR volumes.

For a deeper, data-driven assessment of IIIN’s valuation and risk profile, consider exploring the detailed analyst toolkit on ValueRay.

IIIN Stock Overview

Market Cap in USD	599m
Sub-Industry	Building Products
IPO / Inception	1992-03-17

IIIN Stock Ratings

Growth Rating	31.0%
Fundamental	64.0%
Dividend Rating	1.0%
Return 12m vs S&P 500	-5.87%
Analyst Rating	3.0 of 5

IIIN Dividends

Dividend Yield 12m	0.38%
Yield on Cost 5y	0.55%
Annual Growth 5y	-47.59%
Payout Consistency	75.8%
Payout Ratio	5.0%

IIIN Growth Ratios

Growth Correlation 3m	-54.1%
Growth Correlation 12m	71.5%
Growth Correlation 5y	-4.7%
CAGR 5y	4.71%
CAGR/Max DD 3y (Calmar Ratio)	0.12
CAGR/Mean DD 3y (Pain Ratio)	0.36
Sharpe Ratio 12m	-0.92
Alpha	-0.80
Beta	0.729
Volatility	35.63%
Current Volume	76.2k
Average Volume 20d	145.9k
Stop Loss	30 (-4.2%)
Signal	0.54

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income (41.0m TTM) > 0 and > 6% of Revenue (6% = 38.9m TTM)

FCFTA 0.04 (>2.0%) and ΔFCFTA -5.15pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 30.25% (prev 41.62%; Δ -11.37pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.06 (>3.0%) and CFO 27.2m <= Net Income 41.0m (YES >=105%, WARN >=100%)

Net Debt (-23.1m) to EBITDA (68.0m) ratio: -0.34 <= 3.0 (WARN <= 3.5)

Current Ratio 3.97 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (19.6m) change vs 12m ago 0.12% (target <= -2.0% for YES)

Gross Margin 14.43% (prev 9.38%; Δ 5.05pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 146.3% (prev 125.2%; Δ 21.10pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 1036 (EBITDA TTM 68.0m / Interest Expense TTM 52.0k) >= 6 (WARN >= 3)

Altman Z'' 8.70

(A) 0.42 = (Total Current Assets 261.9m - Total Current Liabilities 66.0m) / Total Assets 462.6m

(B) 0.57 = Retained Earnings (Balance) 262.7m / Total Assets 462.6m

(D) 3.10 = Book Value of Equity 282.1m / Total Liabilities 91.1m

Total Rating: 8.70 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 64.01

1. Piotroski 5.0pt = 0.0

2. FCF Yield 3.29% = 1.64

3. FCF Margin 2.93% = 0.73

4. Debt/Equity 0.04 = 2.50

5. Debt/Ebitda -0.34 = 2.50

6. ROIC - WACC (= 3.38)% = 4.23

7. RoE 11.71% = 0.98

8. Rev. Trend 9.64% = 0.72

9. EPS Trend 14.03% = 0.70

What is the price of IIIN shares?

As of November 09, 2025, the stock is trading at USD 31.32 with a total of 76,200 shares traded.
Over the past week, the price has changed by +0.26%, over one month by -17.90%, over three months by -11.43% and over the past year by +7.33%.

Is Insteel Industries a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Insteel Industries is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 64.01 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of IIIN is around 28.40 USD . This means that IIIN is currently overvalued and has a potential downside of -9.32%.

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.

Strong Buy: 0
Buy: 0
Hold: 1
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the IIIN price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	39	24.5%
Analysts Target Price	39	24.5%
ValueRay Target Price	31.7	1.1%

IIIN Fundamental Data Overview October 30, 2025

Market Cap USD = 599.2m (599.2m USD * 1.0 USD.USD)
P/E Trailing = 14.6952
P/E Forward = 12.0482
P/S = 0.9251
P/B = 2.0826
P/EG = 1.3571
Beta = 0.729
Revenue TTM = 647.7m USD
EBIT TTM = 53.9m USD
EBITDA TTM = 68.0m USD
Long Term Debt = 12.0m USD (estimated: total debt 15.5m - short term 3.50m)
Short Term Debt = 3.50m USD (from shortTermDebt, last quarter)
Debt = 15.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -23.1m USD (from netDebt column, last quarter)
Enterprise Value = 576.1m USD (599.2m + Debt 15.5m - CCE 38.6m)
Interest Coverage Ratio = 1036 (Ebit TTM 53.9m / Interest Expense TTM 52.0k)
FCF Yield = 3.29% (FCF TTM 18.9m / Enterprise Value 576.1m)
FCF Margin = 2.93% (FCF TTM 18.9m / Revenue TTM 647.7m)
Net Margin = 6.33% (Net Income TTM 41.0m / Revenue TTM 647.7m)
Gross Margin = 14.43% ((Revenue TTM 647.7m - Cost of Revenue TTM 554.3m) / Revenue TTM)
Gross Margin QoQ = 16.12% (prev 17.11%)
Tobins Q-Ratio = 1.25 (Enterprise Value 576.1m / Total Assets 462.6m)
Interest Expense / Debt = 0.08% (Interest Expense 12.0k / Debt 15.5m)
Taxrate = 24.41% (4.70m / 19.2m)
NOPAT = 40.7m (EBIT 53.9m * (1 - 24.41%))
Current Ratio = 3.97 (Total Current Assets 261.9m / Total Current Liabilities 66.0m)
Debt / Equity = 0.04 (Debt 15.5m / totalStockholderEquity, last quarter 371.5m)
Debt / EBITDA = -0.34 (Net Debt -23.1m / EBITDA 68.0m)
Debt / FCF = -1.22 (Net Debt -23.1m / FCF TTM 18.9m)
Total Stockholder Equity = 350.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 8.87% (Net Income 41.0m / Total Assets 462.6m)
RoE = 11.71% (Net Income TTM 41.0m / Total Stockholder Equity 350.2m)
RoCE = 14.87% (EBIT 53.9m / Capital Employed (Equity 350.2m + L.T.Debt 12.0m))
RoIC = 11.87% (NOPAT 40.7m / Invested Capital 343.1m)
WACC = 8.48% (E(599.2m)/V(614.7m) * Re(8.70%) + D(15.5m)/V(614.7m) * Rd(0.08%) * (1-Tc(0.24)))
Discount Rate = 8.70% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.07%
[DCF Debug] Terminal Value 72.81% ; FCFE base≈27.0m ; Y1≈22.6m ; Y5≈16.8m
Fair Price DCF = 14.14 (DCF Value 274.6m / Shares Outstanding 19.4m; 5y FCF grow -19.70% → 3.0% )
EPS Correlation: 14.03 | EPS CAGR: 10.49% | SUE: -0.22 | # QB: 0
Revenue Correlation: 9.64 | Revenue CAGR: 2.25% | SUE: -0.35 | # QB: 0

Additional Sources for IIIN Stock

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