(RS) Reliance Steel & Aluminum - Ratings and Ratios

Reliance Steel & Aluminum Co, now known as Reliance, Inc., is a leading diversified metal solutions provider in the United States and Canada, offering a broad range of metal products and processing services to various industries, including aerospace, energy, and construction. The companys extensive product line includes alloy, aluminum, brass, copper, and specialty steel products, catering to original equipment manufacturers, small machine shops, and fabricators.

From a business perspective, Reliances diversified revenue streams and strong market presence are key strengths. The companys ability to provide value-added services, such as metals processing, enhances its competitive position. Key Performance Indicators (KPIs) to monitor include revenue growth, gross margin expansion, and return on equity (RoE), which currently stands at 10.54%. Other important metrics include the companys inventory turnover, accounts receivable turnover, and debt-to-equity ratio, which can provide insights into its operational efficiency and financial health.

In terms of market performance, Reliances stock has demonstrated a strong upward trend, with the current price near its 52-week high. To further analyze its stock performance, one can examine the companys beta, dividend yield, and payout ratio. Additionally, comparing Reliances valuation multiples, such as its price-to-earnings (P/E) ratio of 23.25, to industry peers can help assess its relative attractiveness. The companys market capitalization of $17.19 billion indicates a significant market presence, and its enterprise value can provide a more comprehensive picture of its valuation.