RUS Stock Analysis: Russel Metals | TO

Carbon Steel, Aluminum, Tubular Goods, Energy Fittings

Total Rating 69

Safety 87

Buy Signal 1.73

Industrial Distribution
Industry Rotation: +7.6

Market Cap: 3.54B
Avg Turnover: 16.8M

Risk 3d forecast

Volatility24.9%

VaR 5^th Pctl4.14%

VaR vs Median1.05%

Reward TTM

Sharpe Ratio2.84

Rel. Str. IBD98

Rel. Str. Peer Group96.3 pctl

Character TTM

Beta0.729

Beta Downside0.453

Hurst Exponent0.492

Choppyness42.7%

Drawdowns 3y

Max DD23.69%

CAGR/Max DD1.90

CAGR/Mean DD6.08

EPS (Earnings per Share)

EPS CAGR: -12.01%
EPS Trend: -65.2%

Last SUE: 4.00
Qual. Beats: 1

Revenue

Rev. CAGR: 4.84%
Rev. Trend: 64.8%

Last SUE: 4.00
Qual. Beats: 2

Warnings

No concerns identified

Tailwinds

Rs Leader

Idiosyncratic Leader

Confidence

Favorite

Seasonality

Not enough history

Description: RUS Russel Metals

Russel Metals distributes steel and other metal products across Canada and the United States through metals service centers, energy field stores, and steel distribution operations. Its products serve customers in industries including energy, manufacturing, and equipment production.

Metals distributors typically stock products in different forms and specifications, helping customers source materials for fabrication and industrial use. Russel Metals’ offerings include carbon steel, pipe and tubular products, stainless steel, aluminum, and energy-related fittings and valves.

Headlines to Watch Out For

Steel price volatility pressures service-center margins and inventory gains
Oil and gas activity drives Energy Field Stores demand
Construction and manufacturing cycles shape steel distribution volumes

Piotroski VR-10 (Strict) 6.5

Net Income: 215.7m TTM > 0 and > 6% of Revenue
FCF/TA: 0.06 > 0.02 and ΔFCF/TA -2.10 > 1.0
NWC/Revenue: 25.30% < 20% (prev 28.49%; Δ -3.19% < -1%)
CFO/TA 0.08 > 3% & CFO 255.1m > Net Income 215.7m
Net Debt (511.6m) to EBITDA (406.8m): 1.26 < 3
Current Ratio: 2.61 > 1.5 & < 3
Outstanding Shares: last quarter (54.9m) vs 12m ago -2.51% < -2%
Gross Margin: 18.35% > 18% (prev 18.75%; Δ -0.40% > 0.5%)
Asset Turnover: 186.6% > 50% (prev 171.5%; Δ 15.12% > 0%)
Interest Coverage Ratio: 10.81 > 6 (EBIT TTM 308.1m / Interest Expense TTM 28.5m)

Altman Z'' 6.00

A: 0.44 (Total Current Assets 2.19b - Total Current Liabilities 840.1m) / Total Assets 3.09b
B: 0.33 (Retained Earnings 1.02b / Total Assets 3.09b)
C: 0.11 (EBIT TTM 308.1m / Avg Total Assets 2.86b)
D: 1.27 (Book Value of Equity 1.73b / Total Liabilities 1.36b)
Altman-Z'' = 6.00 = AAA

Beneish M -2.79

DSRI: 1.24 (Receivables 829.1m/565.6m, Revenue 5.33b/4.51b)
GMI: 1.02 (GM 18.75% / 18.35%)
AQI: 0.81 (AQ_t 0.06 / AQ_t-1 0.07)
SGI: 1.18 (Revenue 5.33b / 4.51b)
TATA: -0.01 (NI 215.7m - CFO 255.1m) / TA 3.09b)
Beneish M = -2.79 (Cap -4..+1) = A

What is the price of RUS shares?

As of October 18, 2026, the stock is trading at CAD 91.08 with a total of 209,322 shares traded. Over the past week, the price has changed by +3.51%, over one month by +14.32%, over three months by +30.86% and over the past year by +133.59%.

Current recommended Stop Loss: 87.60 (which is 3.8% or 1.3 ATR below the current price).

Is RUS a buy, sell or hold?

Russel Metals has no consensus analysts rating.

Russel Metals (RUS) - Fundamental Data Overview as of 18 October 2026

Market Cap USD = 3.54b (5.00b CAD * 0.7071 CAD.USD)
P/E Trailing = 23.2347
P/E Forward = 17.5747
P/S = 0.9375
P/B = 2.6424
P/EG = 0.5345
Revenue TTM = 5.33b CAD
EBIT TTM = 308.1m CAD
EBITDA TTM = 406.8m CAD
Long Term Debt = 298.4m CAD (from longTermDebt, last quarter)
Short Term Debt = 30.4m CAD (from shortTermDebt, last quarter)
Debt = 665.6m CAD (from shortLongTermDebtTotal, last quarter) + Leases 183.6m
Net Debt = 511.6m CAD (calculated: Debt 665.6m - CCE 154.0m)
Enterprise Value = 5.51b CAD (5.00b + Debt 665.6m - CCE 154.0m)
Interest Coverage Ratio = 10.81 (Ebit TTM 308.1m / Interest Expense TTM 28.5m)
EV/FCF = 29.03x (Enterprise Value 5.51b / FCF TTM 189.9m)
FCF Yield = 3.44% (FCF TTM 189.9m / Enterprise Value 5.51b)
FCF Margin = 3.56% (FCF TTM 189.9m / Revenue TTM 5.33b)
Net Margin = 4.04% (Net Income TTM 215.7m / Revenue TTM 5.33b)
Gross Margin = 18.35% ((Revenue TTM 5.33b - Cost of Revenue TTM 4.36b) / Revenue TTM)
Gross Margin QoQ = 11.95% (prev 21.34%)
Tobins Q-Ratio = 1.79 (Enterprise Value 5.51b / Total Assets 3.09b)
Interest Expense / Debt = 4.28% (Interest Expense 28.5m / Debt 665.6m)
Taxrate = 23.54% (66.4m / 282.1m)
NOPAT = 235.6m (EBIT 308.1m * (1 - 23.54%))
Current Ratio = 2.61 (Total Current Assets 2.19b / Total Current Liabilities 840.1m)
Debt / Equity = 0.39 (Debt 665.6m / totalStockholderEquity, last quarter 1.73b)
Debt / EBITDA = 1.26 (Net Debt 511.6m / EBITDA 406.8m)
Debt / FCF = 2.69 (Net Debt 511.6m / FCF TTM 189.9m)
Total Stockholder Equity = 1.65b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.55% (Net Income 215.7m / Total Assets 3.09b)
RoE = 13.09% (Net Income TTM 215.7m / Total Stockholder Equity 1.65b)
RoCE = 15.83% (EBIT 308.1m / Capital Employed (Equity 1.65b + L.T.Debt 298.4m))
RoIC = 11.09% (NOPAT 235.6m / Invested Capital 2.12b)
WACC = 7.52% (E(5.00b)/V(5.67b) * Re(8.09%) + D(665.6m)/V(5.67b) * Rd(4.28%) * (1-Tc(0.24)))
Discount Rate = 8.09% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -97.10 | Cagr: -4.09%
[DCF] Terminal Value 73.55% ; FCFF base≈200.7m ; Y1≈180.4m ; Y5≈153.1m
[DCF] Fair Price = 35.17 (EV 2.44b - Net Debt 511.6m = Equity 1.93b / Shares 54.9m; r=8.35% [WACC [floored]]; 5y FCF grow -12.45% → 2.50% )
EPS Correlation: -65.19 | EPS CAGR: -12.01% | SUE: 4.0 | # QB: 1
Revenue Correlation: 64.80 | Revenue CAGR: 4.84% | SUE: 4.0 | # QB: 2
EPS current Quarter (2026-09-30): EPS=1.46 | Chg30d=+5.67% | Revisions=+40% | Analysts=6
EPS current Year (2026-12-31): EPS=5.00 | Chg30d=+3.88% | Revisions=+40% | GrowthEPS=+66.0% | GrowthRev=+34.2%
EPS next Year (2027-12-31): EPS=5.12 | Chg30d=+10.23% | Revisions=+40% | GrowthEPS=+2.5% | GrowthRev=+6.1%
[Analyst] Revisions Ratio: +67% (up=6, down=0)