Anuncio • Apr 15
Metallus Inc. to Report Q1, 2026 Results on May 04, 2026 Metallus Inc. announced that they will report Q1, 2026 results After-Market on May 04, 2026 Anuncio • Mar 13
Metallus Inc., Annual General Meeting, Apr 30, 2026 Metallus Inc., Annual General Meeting, Apr 30, 2026. Anuncio • Jan 30
Metallus Inc. to Report Q4, 2025 Results on Feb 19, 2026 Metallus Inc. announced that they will report Q4, 2025 results on Feb 19, 2026 Anuncio • Oct 18
Metallus Inc. to Report Q3, 2025 Results on Nov 06, 2025 Metallus Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 06, 2025 Anuncio • Jul 18
Metallus Inc. to Report Q2, 2025 Results on Aug 07, 2025 Metallus Inc. announced that they will report Q2, 2025 results After-Market on Aug 07, 2025 Anuncio • Apr 18
Metallus Inc. to Report Q1, 2025 Results on May 08, 2025 Metallus Inc. announced that they will report Q1, 2025 results After-Market on May 08, 2025 Anuncio • Feb 28
Metallus Inc., Annual General Meeting, May 07, 2025 Metallus Inc., Annual General Meeting, May 07, 2025. Anuncio • Feb 06
Metallus Inc. to Report Q4, 2024 Results on Feb 27, 2025 Metallus Inc. announced that they will report Q4, 2024 results After-Market on Feb 27, 2025 Reported Earnings • Nov 08
Third quarter 2024 earnings released: US$0.13 loss per share (vs US$0.56 profit in 3Q 2023) Third quarter 2024 results: US$0.13 loss per share (down from US$0.56 profit in 3Q 2023). Revenue: US$227.2m (down 36% from 3Q 2023). Net loss: US$5.90m (down 124% from profit in 3Q 2023). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €14.90, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 16% over the past three years. Anuncio • Oct 18
Metallus Inc. to Report Q3, 2024 Results on Nov 07, 2024 Metallus Inc. announced that they will report Q3, 2024 results After-Market on Nov 07, 2024 Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €14.50, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 22% over the past three years. Reported Earnings • Aug 09
Second quarter 2024 earnings released: EPS: US$0.10 (vs US$0.66 in 2Q 2023) Second quarter 2024 results: EPS: US$0.10 (down from US$0.66 in 2Q 2023). Revenue: US$294.7m (down 17% from 2Q 2023). Net income: US$4.60m (down 84% from 2Q 2023). Profit margin: 1.6% (down from 8.1% in 2Q 2023). Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 1.8% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Anuncio • Jul 19
Metallus Inc. to Report Q2, 2024 Results on Aug 08, 2024 Metallus Inc. announced that they will report Q2, 2024 results After-Market on Aug 08, 2024 Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €20.60, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 86% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €28.87 per share. Reported Earnings • May 10
First quarter 2024 earnings released: EPS: US$0.55 (vs US$0.33 in 1Q 2023) First quarter 2024 results: EPS: US$0.55 (up from US$0.33 in 1Q 2023). Revenue: US$321.6m (flat on 1Q 2023). Net income: US$24.0m (up 67% from 1Q 2023). Profit margin: 7.5% (up from 4.5% in 1Q 2023). Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 1.6% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Anuncio • May 10
Metallus Inc. (NYSE:MTUS) announces an Equity Buyback for $100 million worth of its shares. Metallus Inc. (NYSE:MTUS) announces a share repurchase program. Under the program, the company will repurchase $100 million of its shares. The repurchase program does not have an expiration date. Buy Or Sell Opportunity • May 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.6% to €18.80. The fair value is estimated to be €23.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 5.5% in 2 years. Earnings are forecast to grow by 40% in the next 2 years. Anuncio • May 08
Metallus Elects Melissa M. Miller to Its Board of Directors At the 2024 Annual Meeting of Shareholders of Metallus Inc. held on May 7, 2024 the shareholders elected Melissa M. Miller, Executive Vice President and Chief Human Resources Officer at Arconic Corporation, as a new independent director. Miller was elected to serve an initial term of one year and fills the vacancy resulting from the retirement of Diane Creel from Metallus' Board of Directors. Additionally, shareholders have re-elected for a three-year term independent directors Mary Ellen Baker, Jamy Rankin and Ron Rice, as well as Mike Williams, Metallus' President and Chief Executive Officer. Eleven directors now serve on the Metallus board. Miller is currently Arconic's Executive Vice President and Chief Human Resources Officer, a role she has held since the company launched in April 2020, when Arconic Corporation separated from Arconic Inc. now known as Howmet Aerospace. In 2022, Melissa was part of the negotiations that resulted in a 4-year contract with the United Steel Workers. Miller joined Arconic's predecessor company, Alcoa, in 2005 and has held multiple leadership roles with a broad spectrum of progressive HR responsibilities, including HR strategy development and implementation, talent management, workforce planning, succession planning, employee engagement, campus partnerships, HR technology, growth in emerging markets (Brazil, China, Middle East & India), merger integrations, turnarounds and employee/labor relations. Melissa holds a Bachelor of Science degree in Psychology from Pennsylvania State University. Anuncio • Apr 20
Metallus Inc. to Report Q1, 2024 Results on May 09, 2024 Metallus Inc. announced that they will report Q1, 2024 results After-Market on May 09, 2024 Anuncio • Mar 13
Metallus Inc., Annual General Meeting, May 07, 2024 Metallus Inc., Annual General Meeting, May 07, 2024, at 10:00 US Eastern Standard Time. Agenda: To consider the election of four Class I directors, each to hold office for a three-year term expiring at the 2027 annual meeting, and election of one Class II director to hold office for a one-year term expiring at the 2025 annual meeting; to consider Ratification of the selection of Ernst & Young LLP as the company's independent auditor for the fiscal year ending December 31, 2024; and to consider the Approval, on an advisory basis, of the compensation of the company's named executive officers Admission to the meeting. New Risk • Mar 04
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: US$1.58 (vs US$1.42 in FY 2022) Full year 2023 results: EPS: US$1.58 (up from US$1.42 in FY 2022). Revenue: US$1.36b (up 2.4% from FY 2022). Net income: US$69.4m (up 6.6% from FY 2022). Profit margin: 5.1% (up from 4.9% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Feb 14
TimkenSteel Corporation to Report Q4, 2023 Results on Feb 27, 2024 TimkenSteel Corporation announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on Feb 27, 2024 Anuncio • Feb 03
Diane C. Creel to Retire as Director of TimkenSteel Corporation TimkenSteel Corporation announced that on January 30, 2024 Diane C. Creel notified the Company’s Board of Directors that she intends to retire from her position as a Director of the company immediately prior to the Annual Meeting of Shareholders on May 7, 2024. Ms. Creel’s anticipated retirement is in accordance with the provisions of company's Governance Guidelines regarding Retirement Age. Reported Earnings • Nov 03
Third quarter 2023 earnings released: EPS: US$0.56 (vs US$0.29 loss in 3Q 2022) Third quarter 2023 results: EPS: US$0.56 (up from US$0.29 loss in 3Q 2022). Revenue: US$354.2m (up 12% from 3Q 2022). Net income: US$24.8m (up US$38.1m from 3Q 2022). Profit margin: 7.0% (up from net loss in 3Q 2022). Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Oct 19
TimkenSteel Corporation to Report Q3, 2023 Results on Nov 02, 2023 TimkenSteel Corporation announced that they will report Q3, 2023 results After-Market on Nov 02, 2023 Board Change • Sep 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Jamy Rankin was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: US$0.66 (vs US$1.60 in 2Q 2022) Second quarter 2023 results: EPS: US$0.66 (down from US$1.60 in 2Q 2022). Revenue: US$356.6m (down 14% from 2Q 2022). Net income: US$28.9m (down 61% from 2Q 2022). Profit margin: 8.1% (down from 18% in 2Q 2022). Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has increased by 87% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Aug 03
TimkenSteel Corporation Elects Jamy P. Rankin as Board of Directors TimkenSteel Corporation elected Jamy P. Rankin, retired president and chief executive officer of Ford Component Sales, LLC, as a new independent director. She joins ten directors currently serving on the TimkenSteel board. During her tenure as president and chief executive officer of Ford Component Sales, LLC, Rankin played a pivotal role in expanding the company's market presence and product offerings. Under her leadership, the company experienced substantial growth through collaboration, market penetration, and strategic expansion. She also spearheaded international growth initiatives and effectively managed four operational divisions and supporting functions, including finance, engineering, information technology, and human resources. Prior to her time at Ford, she held influential positions in marketing and sales organizations at Case New Holland and Navistar. Rankin currently serves on the board of Motorcar Parts of America, a remanufacturer, manufacturer and distributor of automotive aftermarket parts, and Bronner Brothers Inc., one of the larger private African American hair and skin care product producers in the United States. Additionally, she was previously a member of The Executive Leadership Council and the National Black MBA Association, where she holds a life membership, and was a long-time member of the board of visitors at the Howard University School of Business. Rankin holds a bachelor of science degree in industrial engineering from the University of Pittsburgh and a master of business administration degree in marketing and strategy from the University of Chicago. The University of Pittsburgh recognized her accomplishments with the Distinguished Alu millioni award in 2014, and she currently serves on the board of visitors for the School of Industrial Engineering. Her contributions to the automotive industry have been recognized by On-Wheels magazine, which named her one of the top women in the field, and she is also the proud recipient of the National Women of Color Technology award. Anuncio • Jul 23
TimkenSteel Corporation to Report Q2, 2023 Results on Aug 03, 2023 TimkenSteel Corporation announced that they will report Q2, 2023 results After-Market on Aug 03, 2023 Reported Earnings • May 05
First quarter 2023 earnings released: EPS: US$0.33 (vs US$0.80 in 1Q 2022) First quarter 2023 results: EPS: US$0.33 (down from US$0.80 in 1Q 2022). Revenue: US$323.5m (down 8.1% from 1Q 2022). Net income: US$14.4m (down 61% from 1Q 2022). Profit margin: 4.5% (down from 11% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 1.0% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 90% per year whereas the company’s share price has increased by 85% per year. Reported Earnings • Feb 26
Full year 2022 earnings released: EPS: US$1.42 (vs US$3.73 in FY 2021) Full year 2022 results: EPS: US$1.42 (down from US$3.73 in FY 2021). Revenue: US$1.33b (up 3.7% from FY 2021). Net income: US$65.1m (down 62% from FY 2021). Profit margin: 4.9% (down from 13% in FY 2021). Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth. Anuncio • Feb 09
TimkenSteel Corporation to Report Q4, 2022 Results on Feb 23, 2023 TimkenSteel Corporation announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 23, 2023 Anuncio • Jan 28
Timkensteel Corporation Announces Resignation of Leila L. Vespoli as Director TimkenSteel Corporation announced resignation of Leila L. Vespoli as a director. Leila L. Vespoli notified the Board of Directors of TimkenSteel Corporation of her decision not to stand for re-election as a director at the Company’s 2023 Annual Meeting of Shareholders. Ms. Vespoli’s decision was for personal reasons and not due to any disagreement with the Company. Ms. Vespoli will continue to serve as a member of the Board of Directors until her current term expires at the 2023 Annual Meeting of Shareholders. Board Change • Dec 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Mary Baker was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 05
Third quarter 2022 earnings released: US$0.29 loss per share (vs US$1.08 profit in 3Q 2021) Third quarter 2022 results: US$0.29 loss per share (down from US$1.08 profit in 3Q 2021). Revenue: US$316.8m (down 7.8% from 3Q 2021). Net loss: US$13.3m (down 126% from profit in 3Q 2021). Revenue is expected to fall by 2.4% p.a. on average during the next 2 years compared to a 3.4% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Anuncio • Nov 04
TimkenSteel Corporation (NYSE:TMST) announces an Equity Buyback for $75 million worth of its shares. TimkenSteel Corporation (NYSE:TMST) announces a share repurchase program. Under the program, the company will repurchase $75 million of its shares. The purpose of the program is to generate sustainable through-cycle profitability while maintaining a strong balance sheet and cash flow. Anuncio • Nov 03
TimkenSteel Corporation Announces Board Changes The board of directors of TimkenSteel Corporation elected Mary Ellen Baker, retired executive vice president and head of business services for Citizens Bank, and Nick Chirekos, retired managing director, North America head of mining for J.P. Morgan, as new independent directors. They join nine directors currently serving on the TimkenSteel board. Baker is a retired banking executive with deep experience in leading technology and operations teams as well as managing major organizational change. She has successfully facilitated large-scale technology transformations, merger integrations, and her knowledge of operations, cybersecurity, data & analytics has supported corporate growth. She most recently served as executive vice president and head of business services for Citizens Bank, where she was recognized by American Banker's Most Powerful Women as a standout in her field. Previously, Baker was executive vice president of enterprise services at PNC Financial Services Group Inc. She holds a bachelor's degree in business administration from Western Michigan University. Chirekos has an extensive background in investment banking and capital markets, with a focus on the mining industry. He served in various investment banking roles at J.P. Morgan Securities Inc., most recently as the managing director, North America head of mining. Prior to that, he served as the global head of mining and metals. Chirekos has established himself as a trusted strategic advisor to senior leadership and brings extensive expertise in mergers and acquisitions as well as equity and debt transactions. He received a master of business administration in finance and international business from New York University'sStern School of Business and a bachelor's degree in business administration from the University of Denver. Anuncio • Oct 13
TimkenSteel Corporation to Report Q3, 2022 Results on Nov 03, 2022 TimkenSteel Corporation announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 03, 2022 Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: US$1.60 (vs US$1.18 in 2Q 2021) Second quarter 2022 results: EPS: US$1.60 (up from US$1.18 in 2Q 2021). Revenue: US$415.7m (up 27% from 2Q 2021). Net income: US$74.5m (up 38% from 2Q 2021). Profit margin: 18% (up from 17% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to stay flat compared to a 25% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment deteriorated over the past week After last week's 19% share price decline to €15.80, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 179% over the past three years. Anuncio • Jul 22
TimkenSteel Corporation to Report Q2, 2022 Results on Aug 04, 2022 TimkenSteel Corporation announced that they will report Q2, 2022 results After-Market on Aug 04, 2022 Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €20.20, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 215% over the past three years. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 17% share price gain to €19.30, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 171% over the past three years. Recent Insider Transactions • May 14
Independent Director recently bought €450k worth of stock On the 12th of May, Kenneth Garcia bought around 26k shares on-market at roughly €17.11 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €638k more in shares than they have sold in the last 12 months. Reported Earnings • May 06
First quarter 2022 earnings released: EPS: US$0.80 (vs US$0.22 in 1Q 2021) First quarter 2022 results: EPS: US$0.80 (up from US$0.22 in 1Q 2021). Revenue: US$352.0m (up 29% from 1Q 2021). Net income: US$37.1m (up 279% from 1Q 2021). Profit margin: 11% (up from 3.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 11%, compared to a 33% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Anuncio • Apr 21
TimkenSteel Corporation to Report Q1, 2022 Results on May 04, 2022 TimkenSteel Corporation announced that they will report Q1, 2022 results After-Market on May 04, 2022 Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improved over the past week After last week's 15% share price gain to €21.40, the stock trades at a trailing P/E ratio of 6.1x. Average forward P/E is 6x in the Metals and Mining industry in Germany. Total returns to shareholders of 127% over the past three years. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment improved over the past week After last week's 17% share price gain to €20.20, the stock trades at a trailing P/E ratio of 6.2x. Average forward P/E is 5x in the Metals and Mining industry in Germany. Total returns to shareholders of 104% over the past three years. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improved over the past week After last week's 19% share price gain to €15.70, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 56% over the past three years. Reported Earnings • Feb 26
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$3.73 (up from US$1.38 loss in FY 2020). Revenue: US$1.28b (up 54% from FY 2020). Net income: US$171.0m (up US$232.9m from FY 2020). Profit margin: 13% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 9.5%, compared to a 12% growth forecast for the mining industry in Germany. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Anuncio • Feb 10
TimkenSteel Corporation to Report Q4, 2021 Results on Feb 24, 2022 TimkenSteel Corporation announced that they will report Q4, 2021 results After-Market on Feb 24, 2022 Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €11.70, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improved over the past week After last week's 16% share price gain to €14.10, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 89% over the past three years. Anuncio • Dec 21
TimkenSteel Corporation (NYSE:TMST) announces an Equity Buyback for $50 million worth of its shares. TimkenSteel Corporation (NYSE:TMST) announces a share repurchase program. Under the program, the company will repurchase $50 million of its outstanding common shares. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improved over the past week After last week's 15% share price gain to €15.00, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 60% over the past three years. Recent Insider Transactions • Nov 18
Independent Director recently bought €350k worth of stock On the 16th of November, Kenneth Garcia bought around 27k shares on-market at roughly €13.13 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €187k more in shares than they have sold in the last 12 months. Reported Earnings • Nov 06
Third quarter 2021 earnings released: EPS US$1.08 (vs US$0.31 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$343.7m (up 67% from 3Q 2020). Net income: US$50.1m (up US$64.0m from 3Q 2020). Profit margin: 15% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improved over the past week After last week's 31% share price gain to US$14.40, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 29% over the past three years. Reported Earnings • Aug 08
Second quarter 2021 earnings released: EPS US$1.18 (vs US$0.34 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$327.3m (up 113% from 2Q 2020). Net income: US$54.0m (up US$69.3m from 2Q 2020). Profit margin: 17% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Recent Insider Transactions • May 26
Executive Vice President of Sales recently sold €117k worth of stock On the 24th of May, Kevin Raketich sold around 10k shares on-market at roughly €11.66 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €163k more than they bought in the last 12 months. Anuncio • May 07
Timkensteel Corporation Reports Impairment Charges of $8.2 Million for the Quarter Ended March 31, 2021 TimkenSteel Corporation reported impairment charges for the quarter ended March 31, 2021. For the quarter, the company reported impairment of $8.2 million. Anuncio • Apr 27
DAIDO STEEL (SHANGHAI) CO., LTD agreed to acquire TimkenSteel (Shanghai) Corporation Limited from TimkenSteel Corporation (NYSE:TMST). DAIDO STEEL (SHANGHAI) CO., LTD agreed to acquire TimkenSteel (Shanghai) Corporation Limited from TimkenSteel Corporation (NYSE:TMST) on March 31, 2021. After the acquisition, TimkenSteel (Shanghai) Corporation Limited name will be changed to TimkenSteel Shanghai Corporation Ltd. The transaction is expected to close on July 8, 2021. Anuncio • Mar 19
TimkenSteel Corporation, Annual General Meeting, May 05, 2021 TimkenSteel Corporation, Annual General Meeting, May 05, 2021, at 10:00 US Eastern Standard Time. Agenda: To consider election of the following directors to serve a three-year term expiring at the 2024 annual meeting: Terry L. Dunlap, Ronald A. Rice and Michael S. Williams; to consider ratification of the selection of Ernst & Young LLP as the company’s independent auditor for the fiscal year ending December 31, 2021; to consider Approval, on an advisory basis, of the compensation of the company’s named executive officers; to consider approval, on an advisory basis, of the frequency of advisory votes on named executive officer compensation; and to consider approval of the company amended and Restated 2020 Equity and Incentive Compensation Plan. Analyst Estimate Surprise Post Earnings • Feb 27
Revenue misses expectations Revenue missed analyst estimates by 0.7%. Over the next year, revenue is forecast to grow 36%, compared to a 22% growth forecast for the Metals and Mining industry in Germany. Reported Earnings • Feb 27
Full year 2020 earnings released: US$1.38 loss per share (vs US$2.46 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: US$830.7m (down 31% from FY 2019). Net loss: US$61.9m (loss narrowed 44% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 23
New 90-day high: €5.15 The company is up 19% from its price of €4.32 on 24 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 58% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €39.97 per share. Anuncio • Feb 17
Joseph A. Carrabba Not to Stand for Re-Election of TimkenSteel Corporation as Director On February 10, 2021, Joseph A. Carrabba notified TimkenSteel Corporation’s Board of Directors of his decision not to stand for re-election as a director at the Company’s 2021 Annual Meeting of Shareholders. Mr. Carrabba further notified the Board that his decision was for personal reasons and not due to any disagreement with the Company. Mr. Carrabba will continue to serve as a member of the Board of Directors until his current term expires at the 2021 Annual Meeting of Shareholders. Anuncio • Feb 11
TimkenSteel Corporation to Report Q4, 2020 Results on Feb 25, 2021 TimkenSteel Corporation announced that they will report Q4, 2020 results After-Market on Feb 25, 2021 Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total losses of US$133.7m, with losses widening by 321% from the prior year. Total revenue was US$846.4m over the last 12 months, down 39% from the prior year. Anuncio • Oct 17
TimkenSteel Corporation to Report Q3, 2020 Results on Oct 29, 2020 TimkenSteel Corporation announced that they will report Q3, 2020 results at 5:00 PM, Eastern Standard Time on Oct 29, 2020 Anuncio • Jul 24
TimkenSteel Corporation to Report Q2, 2020 Results on Aug 06, 2020 TimkenSteel Corporation announced that they will report Q2, 2020 results at 5:00 PM, Eastern Standard Time on Aug 06, 2020