(WS) Worthington Steel - Overview

Sector: Basic Materials | Industry: Steel | Exchange: NYSE (USA) | Market Cap: 1.718m USD | Total Return: 45.1% in 12m

Steel Processing, Metal Stamping, Flat Rolled Steel, Tailor Welded Blanks
Total Rating 41
Safety 76
Buy Signal -0.03
Steel
Industry Rotation: +25.7
Market Cap: 1.72B
Avg Turnover: 11.0M USD
ATR: 5.50%
Peers RS (IBD): 33.9
Risk 5d forecast
Volatility52.0%
Rel. Tail Risk-10.4%
Reward TTM
Sharpe Ratio0.92
Alpha-2.25
Character TTM
Beta1.507
Beta Downside1.829
Drawdowns 3y
Max DD50.98%
CAGR/Max DD0.31
EPS (Earnings per Share) EPS (Earnings per Share) of WS over the last years for every Quarter: "2021-05": null, "2022-05": null, "2022-08": null, "2022-11": null, "2023-02": null, "2023-05": null, "2023-08": 1.18, "2023-11": 0.11, "2024-02": 0.99, "2024-05": 1.06, "2024-08": 0.56, "2024-11": 0.19, "2025-02": 0.27, "2025-05": 1.05, "2025-08": 0.77, "2025-11": 0.38, "2026-02": 0.27,
EPS CAGR: -44.56%
EPS Trend: -14.6%
Last SUE: -0.97
Qual. Beats: 0
Revenue Revenue of WS over the last years for every Quarter: 2021-05: 2127.404, 2022-05: 1074.638, 2022-08: 1074.638, 2022-11: 868.4, 2023-02: 780.7, 2023-05: 887.887, 2023-08: 905.8, 2023-11: 808, 2024-02: 805.8, 2024-05: 911, 2024-08: 834, 2024-11: 739, 2025-02: 687.4, 2025-05: 832.9, 2025-08: 872.9, 2025-11: 871.9, 2026-02: 769.8,
Rev. CAGR: -8.51%
Rev. Trend: -57.0%
Last SUE: -1.64
Qual. Beats: 0

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: WS Worthington Steel

Worthington Steel Inc. (WS) is a North American steel processor. The company supplies carbon flat-rolled steel, tailor-welded blanks, and steel lamination stampings.

WS serves diverse industrial sectors, including automotive, construction, and heavy equipment. Steel processors add value to raw steel by shaping, cutting, and treating it for specific applications.

Incorporated in 2023 and headquartered in Columbus, Ohio, WS operates within the Steel GICS Sub-Industry. Further research on ValueRay can provide detailed financial and operational insights.

Headlines to Watch Out For
  • Automotive production volumes dictate steel demand
  • Construction sector health impacts steel sales
  • Raw material steel prices influence profitability
  • Energy sector investment drives specialized steel orders
  • Regulatory environmental compliance adds operational costs
Piotroski VR‑10 (Strict) 6.0
Net Income: 121.2m TTM > 0 and > 6% of Revenue
FCF/TA: 0.07 > 0.02 and ΔFCF/TA 2.54 > 1.0
NWC/Revenue: 10.78% < 20% (prev 12.35%; Δ -1.57% < -1%)
CFO/TA 0.09 > 3% & CFO 210.2m > Net Income 121.2m
Net Debt (262.6m) to EBITDA (216.9m): 1.21 < 3
Current Ratio: 1.48 > 1.5 & < 3
Outstanding Shares: last quarter (49.8m) vs 12m ago -1.39% < -2%
Gross Margin: 12.29% > 18% (prev 0.12%; Δ 1.22k% > 0.5%)
Asset Turnover: 162.7% > 50% (prev 176.2%; Δ -13.53% > 0%)
Interest Coverage Ratio: 18.32 > 6 (EBITDA TTM 216.9m / Interest Expense TTM 8.70m)
Altman Z'' 2.06
A: 0.16 (Total Current Assets 1.11b - Total Current Liabilities 745.6m) / Total Assets 2.32b
B: 0.09 (Retained Earnings 205.7m / Total Assets 2.32b)
C: 0.08 (EBIT TTM 159.4m / Avg Total Assets 2.06b)
D: 0.22 (Book Value of Equity 207.8m / Total Liabilities 958.1m)
Altman-Z'' Score: 2.06 = BBB
Beneish M -2.66
DSRI: 1.05 (Receivables 464.3m/420.7m, Revenue 3.35b/3.17b)
GMI: 1.01 (GM 12.29% / 12.38%)
AQI: 1.54 (AQ_t 0.25 / AQ_t-1 0.16)
SGI: 1.06 (Revenue 3.35b / 3.17b)
TATA: -0.04 (NI 121.2m - CFO 210.2m) / TA 2.32b)
Beneish M-Score: -2.66 (Cap -4..+1) = A
What is the price of WS shares? As of April 16, 2026, the stock is trading at USD 33.86 with a total of 170,956 shares traded.
Over the past week, the price has changed by +9.37%, over one month by +4.89%, over three months by -9.02% and over the past year by +45.14%.
Is WS a buy, sell or hold? Worthington Steel has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy WS.
  • StrongBuy: 1
  • Buy: 0
  • Hold: 1
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the WS price?
Analysts Target Price 38 12.2%
Worthington Steel (WS) - Fundamental Data Overview as of 11 April 2026
P/E Trailing = 14.3458
P/E Forward = 16.835
P/S = 0.5133
P/B = 1.3426
Revenue TTM = 3.35b USD
EBIT TTM = 159.4m USD
EBITDA TTM = 216.9m USD
Long Term Debt = 2.30m USD (from longTermDebt, last fiscal year)
Short Term Debt = 233.5m USD (from shortTermDebt, last quarter)
Debt = 352.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 262.6m USD (from netDebt column, last quarter)
Enterprise Value = 1.98b USD (1.72b + Debt 352.6m - CCE 90.0m)
Interest Coverage Ratio = 18.32 (Ebit TTM 159.4m / Interest Expense TTM 8.70m)
EV/FCF = 12.03x (Enterprise Value 1.98b / FCF TTM 164.7m)
FCF Yield = 8.31% (FCF TTM 164.7m / Enterprise Value 1.98b)
FCF Margin = 4.92% (FCF TTM 164.7m / Revenue TTM 3.35b)
Net Margin = 3.62% (Net Income TTM 121.2m / Revenue TTM 3.35b)
Gross Margin = 12.29% ((Revenue TTM 3.35b - Cost of Revenue TTM 2.94b) / Revenue TTM)
Gross Margin QoQ = 9.89% (prev 10.69%)
Tobins Q-Ratio = 0.86 (Enterprise Value 1.98b / Total Assets 2.32b)
Interest Expense / Debt = 0.60% (Interest Expense 2.10m / Debt 352.6m)
Taxrate = 24.48% (3.50m / 14.3m)
NOPAT = 120.4m (EBIT 159.4m * (1 - 24.48%))
Current Ratio = 1.48 (Total Current Assets 1.11b / Total Current Liabilities 745.6m)
Debt / Equity = 0.31 (Debt 352.6m / totalStockholderEquity, last quarter 1.12b)
Debt / EBITDA = 1.21 (Net Debt 262.6m / EBITDA 216.9m)
Debt / FCF = 1.59 (Net Debt 262.6m / FCF TTM 164.7m)
Total Stockholder Equity = 1.11b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.89% (Net Income 121.2m / Total Assets 2.32b)
RoE = 10.97% (Net Income TTM 121.2m / Total Stockholder Equity 1.11b)
RoCE = 14.39% (EBIT 159.4m / Capital Employed (Equity 1.11b + L.T.Debt 2.30m))
RoIC = 9.35% (NOPAT 120.4m / Invested Capital 1.29b)
WACC = 9.44% (E(1.72b)/V(2.07b) * Re(11.28%) + D(352.6m)/V(2.07b) * Rd(0.60%) * (1-Tc(0.24)))
Discount Rate = 11.28% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.79%
[DCF] Terminal Value 68.37% ; FCFF base≈131.7m ; Y1≈102.1m ; Y5≈65.0m
[DCF] Fair Price = 14.16 (EV 969.2m - Net Debt 262.6m = Equity 706.6m / Shares 49.9m; r=9.44% [WACC]; 5y FCF grow -26.81% → 3.0% )
EPS Correlation: -14.58 | EPS CAGR: -44.56% | SUE: -0.97 | # QB: 0
Revenue Correlation: -56.96 | Revenue CAGR: -8.51% | SUE: -1.64 | # QB: 0
EPS next Quarter (2026-08-31): EPS=0.68 | Chg7d=-0.080 | Chg30d=-0.080 | Revisions Net=-1 | Analysts=1
EPS next Year (2027-05-31): EPS=2.67 | Chg7d=-0.355 | Chg30d=-0.355 | Revisions Net=-1 | Growth EPS=+24.4% | Growth Revenue=+4.5%
External Resources
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