IIIN Stock Analysis: Insteel Industries | NYSE
Metal Fabrication | NYSE, USA | Market Cap: 587m USD | 12M Return: -6.5% | US45774W1080 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 4.22M
EPS Trend: 73.8%
Qual. Beats: 0
Rev. Trend: 57.6%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 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 Inc. (NYSE: IIIN) manufactures and markets steel wire reinforcing products for concrete construction applications, operating within the Industrials sector and the Building Products sub-industry. The company offers two primary product lines: prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). Its PC strand is a seven-wire strand used to impart compression forces into precast concrete elements and structures, providing reinforcement for bridges, parking decks, buildings, and other concrete structures.
The companys WWR engineered reinforcing product serves both nonresidential and residential construction markets. It produces a range of WWR products, including engineered structural mesh (used as a primary reinforcement for concrete elements or structures serving as a reinforcing solution for hot-rolled rebar), concrete pipe reinforcement (used in concrete pipe, box culverts, and precast manholes for drainage and sewage systems, water treatment facilities, and other related applications), and standard welded wire reinforcement (a secondary reinforcing product for crack control applications in residential and light nonresidential construction, including driveways, sidewalks, and various slab-on-grade applications).
Insteel sells its products through sales representatives to manufacturers of concrete products, rebar fabricators, distributors, and contractors. Demand for the companys products is closely tied to U.S. nonresidential and infrastructure construction activity, as well as residential building trends. The company was founded in 1953 and is headquartered in Mount Airy, North Carolina.
- Steel wire rod cost volatility pressures gross margins
- Nonresidential construction demand drives WWR volume growth
- Infrastructure spending boosts PC strand orders for bridges
| Net Income: 36.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.03 > 0.02 and ΔFCF/TA -13.58 > 1.0 |
| NWC/Revenue: 28.37% < 20% (prev 28.75%; Δ -0.39% < -1%) |
| CFO/TA -0.00 > 3% & CFO -1.12m > Net Income 36.4m |
| Net Debt (-20.4m) to EBITDA (65.4m): -0.31 < 3 |
| Current Ratio: 3.57 > 1.5 & < 3 |
| Outstanding Shares: last quarter (19.5m) vs 12m ago -0.30% < -2% |
| Gross Margin: 11.77% > 18% (prev 12.75%; Δ -0.99% > 0.5%) |
| Asset Turnover: 149.6% > 50% (prev 128.1%; Δ 21.53% > 0%) |
| Interest Coverage Ratio: 790.2 > 6 (EBIT TTM 47.4m / Interest Expense TTM 60.0k) |
| A: 0.42 (Total Current Assets 278.9m - Total Current Liabilities 78.1m) / Total Assets 473.9m |
| B: 0.55 (Retained Earnings 261.3m / Total Assets 473.9m) |
| C: 0.10 (EBIT TTM 47.4m / Avg Total Assets 472.9m) |
| D: 3.62 (Book Value of Equity 371.4m / Total Liabilities 102.5m) |
| Altman-Z'' = 9.05 = AAA |
| DSRI: 0.82 (Receivables 80.7m/83.6m, Revenue 707.7m/604.6m) |
| GMI: 1.08 (GM 12.75% / 11.77%) |
| AQI: 0.91 (AQ_t 0.15 / AQ_t-1 0.16) |
| SGI: 1.17 (Revenue 707.7m / 604.6m) |
| TATA: 0.08 (NI 36.4m - CFO -1.12m) / TA 473.9m) |
| Beneish M = -3.02 (Cap -4..+1) = AA |
As of October 25, 2026, the stock is trading at USD 27.77 with a total of 263,026 shares traded. Over the past week, the price has changed by -6.37%, over one month by -5.96%, over three months by -14.02% and over the past year by -6.50%.
Current recommended Stop Loss: 26.70 (which is 3.9% 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 | 39 | 40.4% |
P/E Trailing = 20.0662
P/E Forward = 12.4378
P/S = 0.8288
P/B = 1.5684
P/EG = 1.0362
Revenue TTM = 707.7m USD
EBIT TTM = 47.4m USD
EBITDA TTM = 65.4m USD
Long Term Debt = 1.02m USD (estimated: total debt 2.58m - short term 1.56m)
Short Term Debt = 1.56m USD (from shortTermDebt, last quarter)
Debt = 2.58m USD (from shortLongTermDebtTotal, last quarter) (leases 2.58m already included)
Net Debt = -20.4m USD (calculated: Debt 2.58m - CCE 22.9m)
Enterprise Value = 566.2m USD (586.6m + Debt 2.58m - CCE 22.9m)
Interest Coverage Ratio = 790.2 (Ebit TTM 47.4m / Interest Expense TTM 60.0k)
EV/FCF = -47.58x (Enterprise Value 566.2m / FCF TTM -11.9m)
FCF Yield = -2.10% (FCF TTM -11.9m / Enterprise Value 566.2m)
FCF Margin = -1.68% (FCF TTM -11.9m / Revenue TTM 707.7m)
Net Margin = 5.14% (Net Income TTM 36.4m / Revenue TTM 707.7m)
Gross Margin = 11.77% ((Revenue TTM 707.7m - Cost of Revenue TTM 624.4m) / Revenue TTM)
Gross Margin QoQ = 10.17% (prev 9.55%)
Tobins Q-Ratio = 1.19 (Enterprise Value 566.2m / Total Assets 473.9m)
Interest Expense / Debt = 2.33% (Interest Expense 60.0k / Debt 2.58m)
Taxrate = 23.17% (11.0m / 47.4m)
NOPAT = 36.4m (EBIT 47.4m * (1 - 23.17%))
Current Ratio = 3.57 (Total Current Assets 278.9m / Total Current Liabilities 78.1m)
Debt / Equity = 0.01 (Debt 2.58m / totalStockholderEquity, last quarter 371.4m)
Debt / EBITDA = -0.31 (Net Debt -20.4m / EBITDA 65.4m)
Debt / FCF = 1.71 (negative FCF - burning cash) (Net Debt -20.4m / FCF TTM -11.9m)
Total Stockholder Equity = 366.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 7.69% (Net Income 36.4m / Total Assets 473.9m)
RoE = 9.92% (Net Income TTM 36.4m / Total Stockholder Equity 366.6m)
RoCE = 12.90% (EBIT 47.4m / Capital Employed (Equity 366.6m + L.T.Debt 1.02m))
RoIC = 9.73% (NOPAT 36.4m / Invested Capital 374.4m)
WACC = 8.75% (E(586.6m)/V(589.1m) * Re(8.78%) + D(2.58m)/V(589.1m) * Rd(2.33%) * (1-Tc(0.23)))
Discount Rate = 8.78% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -51.51 | Cagr: -0.23%
[DCF] Fair Price = unknown (Cash Flow -11.9m)
EPS Correlation: 73.78 | EPS CAGR: 31.45% | SUE: -0.33 | # QB: 0
Revenue Correlation: 57.62 | Revenue CAGR: 6.62% | SUE: 0.66 | # QB: 0
EPS current Quarter (2026-12-31): EPS=0.28 | Chg30d=+0.00% | Revisions=+25% | Analysts=1
EPS next Quarter (2027-03-31): EPS=0.54 | Chg30d=+0.00% | Revisions=+25% | Analysts=1
EPS current Year (2027-09-30): EPS=2.42 | Chg30d=+0.00% | Revisions=+25% | GrowthEPS=+56.8% | GrowthRev=+7.4%
EPS next Year (2028-09-30): EPS=2.81 | Chg30d=+0.00% | Revisions=+25% | GrowthEPS=+16.1% | GrowthRev=+5.6%