(WOR) Worthington Industries - Overview
Stock: Torches, Cylinders, Tools, Tanks, Grills
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 1.33% |
| Yield on Cost 5y | 2.72% |
| Yield CAGR 5y | -9.85% |
| Payout Consistency | 95.0% |
| Payout Ratio | 21.4% |
| Risk 5d forecast | |
|---|---|
| Volatility | 35.1% |
| Relative Tail Risk | -9.75% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.01 |
| Alpha | 27.94 |
| Character TTM | |
|---|---|
| Beta | 0.792 |
| Beta Downside | 0.593 |
| Drawdowns 3y | |
|---|---|
| Max DD | 42.42% |
| CAGR/Max DD | 0.47 |
Description: WOR Worthington Industries January 11, 2026
Worthington Enterprises, Inc. (NYSE: WOR) is an industrial manufacturer that operates two distinct business segments-Consumer Products and Building Products-after rebranding from Worthington Industries. The firm, founded in 1955 and based in Columbus, Ohio, supplies a broad array of tools, fuels, and pressurized containment solutions to mass merchandisers, retailers, and distributors.
The Consumer Products segment serves the tools, outdoor-living, and celebrations markets with items such as hand-held torches, lighters, drywall tools, propane cylinders, helium balloon kits, and gas-fueled grills and pizza ovens. Brands include Bernzomatic, Coleman, Garden-Weasel, Halo, and Worthington Pro Grade, among others.
The Building Products segment focuses on pressurized containment, offering refrigerant gas cylinders for HVAC systems, LPG cylinders for heating and cooking, well-water and expansion tanks, specialty fire-suppression and chemical tanks, and ceiling-suspension systems. These products are sold primarily to residential, commercial, and automotive customers.
Recent data (FY 2023) show total revenue of roughly $1.1 billion, with the Consumer Products line contributing about 55 % and operating at an adjusted EBITDA margin of ~12 %. The segment’s performance is closely tied to housing-starts trends and seasonal propane price swings-both of which have exhibited volatility in 2024 due to supply-chain disruptions and shifting weather patterns (source: company filings, industry reports). Additionally, the Building Products segment benefits from the ongoing “green-retrofit” wave, as commercial HVAC upgrades drive demand for higher-capacity refrigerant cylinders (assumption: retrofit activity will outpace new construction in the next 12-24 months).
For a deeper, data-driven look at WOR’s valuation sensitivities and peer-group benchmarks, a quick check on ValueRay can help you surface the most material assumptions.
Piotroski VR‑10 (Strict, 0-10) 8.5
| Net Income: 106.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA 1.47 > 1.0 |
| NWC/Revenue: 35.87% < 20% (prev 37.15%; Δ -1.28% < -1%) |
| CFO/TA 0.12 > 3% & CFO 212.1m > Net Income 106.0m |
| Net Debt (165.4m) to EBITDA (196.0m): 0.84 < 3 |
| Current Ratio: 3.26 > 1.5 & < 3 |
| Outstanding Shares: last quarter (49.2m) vs 12m ago -2.09% < -2% |
| Gross Margin: 27.74% > 18% (prev 0.25%; Δ 2750 % > 0.5%) |
| Asset Turnover: 73.52% > 50% (prev 70.42%; Δ 3.09% > 0%) |
| Interest Coverage Ratio: 62.16 > 6 (EBITDA TTM 196.0m / Interest Expense TTM 2.33m) |
Altman Z'' 4.33
| A: 0.26 (Total Current Assets 648.8m - Total Current Liabilities 199.1m) / Total Assets 1.75b |
| B: 0.37 (Retained Earnings 650.4m / Total Assets 1.75b) |
| C: 0.08 (EBIT TTM 144.6m / Avg Total Assets 1.71b) |
| D: 0.82 (Book Value of Equity 650.4m / Total Liabilities 790.3m) |
| Altman-Z'' Score: 4.33 = AA |
Beneish M -3.39
| DSRI: 0.99 (Receivables 207.3m/194.3m, Revenue 1.25b/1.17b) |
| GMI: 0.88 (GM 27.74% / 24.54%) |
| AQI: 0.59 (AQ_t 0.27 / AQ_t-1 0.47) |
| SGI: 1.07 (Revenue 1.25b / 1.17b) |
| TATA: -0.06 (NI 106.0m - CFO 212.1m) / TA 1.75b) |
| Beneish M-Score: -3.39 (Cap -4..+1) = AA |
What is the price of WOR shares?
Over the past week, the price has changed by +6.35%, over one month by +12.46%, over three months by +7.47% and over the past year by +43.11%.
Is WOR a buy, sell or hold?
- StrongBuy: 2
- Buy: 0
- Hold: 1
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the WOR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 67.2 | 13.7% |
| Analysts Target Price | 67.2 | 13.7% |
| ValueRay Target Price | 68.4 | 15.7% |
WOR Fundamental Data Overview February 03, 2026
P/E Forward = 16.0514
P/S = 2.2199
P/B = 2.8603
P/EG = 0.35
Revenue TTM = 1.25b USD
EBIT TTM = 144.6m USD
EBITDA TTM = 196.0m USD
Long Term Debt = 305.3m USD (from longTermDebt, last quarter)
Short Term Debt = 8.47m USD (from shortTermDebt, last quarter)
Debt = 345.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 165.4m USD (from netDebt column, last quarter)
Enterprise Value = 2.95b USD (2.78b + Debt 345.7m - CCE 180.3m)
Interest Coverage Ratio = 62.16 (Ebit TTM 144.6m / Interest Expense TTM 2.33m)
EV/FCF = 17.03x (Enterprise Value 2.95b / FCF TTM 173.1m)
FCF Yield = 5.87% (FCF TTM 173.1m / Enterprise Value 2.95b)
FCF Margin = 13.81% (FCF TTM 173.1m / Revenue TTM 1.25b)
Net Margin = 8.46% (Net Income TTM 106.0m / Revenue TTM 1.25b)
Gross Margin = 27.74% ((Revenue TTM 1.25b - Cost of Revenue TTM 905.8m) / Revenue TTM)
Gross Margin QoQ = 25.84% (prev 26.85%)
Tobins Q-Ratio = 1.68 (Enterprise Value 2.95b / Total Assets 1.75b)
Interest Expense / Debt = 0.43% (Interest Expense 1.47m / Debt 345.7m)
Taxrate = 24.46% (8.75m / 35.8m)
NOPAT = 109.3m (EBIT 144.6m * (1 - 24.46%))
Current Ratio = 3.26 (Total Current Assets 648.8m / Total Current Liabilities 199.1m)
Debt / Equity = 0.36 (Debt 345.7m / totalStockholderEquity, last quarter 963.0m)
Debt / EBITDA = 0.84 (Net Debt 165.4m / EBITDA 196.0m)
Debt / FCF = 0.96 (Net Debt 165.4m / FCF TTM 173.1m)
Total Stockholder Equity = 949.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.22% (Net Income 106.0m / Total Assets 1.75b)
RoE = 11.16% (Net Income TTM 106.0m / Total Stockholder Equity 949.9m)
RoCE = 11.52% (EBIT 144.6m / Capital Employed (Equity 949.9m + L.T.Debt 305.3m))
RoIC = 8.73% (NOPAT 109.3m / Invested Capital 1.25b)
WACC = 7.89% (E(2.78b)/V(3.13b) * Re(8.83%) + D(345.7m)/V(3.13b) * Rd(0.43%) * (1-Tc(0.24)))
Discount Rate = 8.83% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.83%
[DCF Debug] Terminal Value 70.73% ; FCFF base≈159.6m ; Y1≈104.8m ; Y5≈47.8m
Fair Price DCF = 15.91 (EV 953.5m - Net Debt 165.4m = Equity 788.1m / Shares 49.5m; r=7.89% [WACC]; 5y FCF grow -40.0% → 2.90% )
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: -43.62 | EPS CAGR: -13.71% | SUE: -0.30 | # QB: 0
Revenue Correlation: -78.03 | Revenue CAGR: -31.84% | SUE: 0.07 | # QB: 0
EPS current Year (2026-05-31): EPS=3.47 | Chg30d=-0.094 | Revisions Net=-3 | Growth EPS=+13.2% | Growth Revenue=+16.7%
EPS next Year (2027-05-31): EPS=3.95 | Chg30d=-0.028 | Revisions Net=-1 | Growth EPS=+13.6% | Growth Revenue=+5.1%