DB:7RY

Stock Analysis Report

Executive Summary

Ryerson Holding Corporation, together with its subsidiaries, processes and distributes industrial metals in the United States, Canada, Mexico, and China.

Snowflake

Fundamentals

Undervalued with solid track record.


Similar Companies

Share Price & News

How has Ryerson Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.7%

7RY

3.9%

DE Metals and Mining

2.8%

DE Market


1 Year Return

-15.6%

7RY

-35.9%

DE Metals and Mining

3.0%

DE Market

Return vs Industry: 7RY exceeded the German Metals and Mining industry which returned -35.9% over the past year.

Return vs Market: 7RY underperformed the German Market which returned 3% over the past year.


Share holder returns

7RYIndustryMarket
7 Day0.7%3.9%2.8%
30 Day-8.9%-2.0%0.2%
90 Day7.2%5.3%1.3%
1 Year-15.6%-15.6%-34.9%-35.9%6.2%3.0%
3 Year-10.4%-10.4%-34.7%-36.9%18.2%8.0%
5 Year-16.5%-16.5%-19.5%-24.0%43.1%23.6%

Price Volatility Vs. Market

How volatile is Ryerson Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Ryerson Holding undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Undervalued: 7RY (€7.4) is trading below our estimate of fair value (€15.58)

Significantly Undervalued: 7RY is trading below fair value by more than 20%.


Price Based on Earnings

PE vs Industry: 7RY is good value based on its PE Ratio (2.6x) compared to the Metals and Mining industry average (9.1x).

PE vs Market: 7RY is good value based on its PE Ratio (2.6x) compared to the German market (19.7x).


Price Based on Expected Growth

Low PEG Ratio: 7RY's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price Based on Value of Assets

PB vs Industry: 7RY is good value based on its PB Ratio (2.6x) compared to the DE Metals and Mining industry average (3.9x).


Next Steps

Future Growth

How is Ryerson Holding expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

-16.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: 7RY's earnings are forecast to decline over the next 3 years (-16.9% per year).

Earnings vs Market: 7RY's earnings are forecast to decline over the next 3 years (-16.9% per year).

High Growth Earnings: 7RY's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 7RY's revenue is expected to decline over the next 3 years (-0.3% per year).

High Growth Revenue: 7RY's revenue is forecast to decline over the next 3 years (-0.3%).


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: 7RY's Return on Equity is forecast to be high in 3 years time (30.5%)


Next Steps

Past Performance

How has Ryerson Holding performed over the past 5 years?

31.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 7RY's earnings have grown significantly by 31.1% per year over the past 5 years.

Accelerating Growth: 7RY's earnings growth over the past year (318.9%) exceeds its 5-year average (31.1% per year).

Earnings vs Industry: 7RY earnings growth over the past year (318.9%) exceeded the Metals and Mining industry -6.3%.


Return on Equity

High ROE: Whilst 7RY's Return on Equity (94.97%) is outstanding, this metric is skewed due to their high level of debt.


Return on Assets

ROA vs Industry: 7RY has a higher Return on Assets than the Metals and Mining industry average last year.


Return on Capital Employed

ROCE Improving: 7RY has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Ryerson Holding's financial position?


Financial Position Analysis

Short Term Liabilities: 7RY's short term assets (€1.4B) exceeds its short term liabilities (€589.7M)

Long Term Liabilities: 7RY's short term assets (€1.4B) do not cover its long term liabilities (€1.5B)


Debt to Equity History and Analysis

Debt Level: 7RY's debt to equity ratio (851.2%) is considered high

Reducing Debt: 7RY had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: 7RY's debt is not well covered by operating cash flow (11%).

Interest Coverage: 7RY's interest payments on its debt are not well covered by EBIT (1.8x coverage).


Balance Sheet

Inventory Level: 7RY has a high level of physical assets or inventory.

Debt Coverage by Assets: 7RY's debt is covered by short term assets (assets are 1.299220x debt).


Next Steps

Dividend

What is Ryerson Holding's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%3.9%industryaverage3.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: Unable to evaluate 7RY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 7RY's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 7RY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 7RY's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 7RY is not paying a notable dividend for .


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 7RY's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

What is the CEO of Ryerson Holding's salary, the management and board of directors tenure and is there insider trading?

4.0yrs

Average management tenure


CEO

Eddie Lehner (53yo)

4.3yrs

Tenure

US$4,210,111

Compensation

Mr. Edward J. Lehner, also known as Eddie, has been the Chief Executive Officer and President of Ryerson Holding Corporation since June 1, 2015. Mr. Lehner serves as the Vice President and Principal Financ ...


CEO Compensation Analysis

Compensation vs. Market: Eddie's total compensation ($USD4.21M) is about average for companies of similar size in the German market ($USD819.34K).

Compensation vs Earnings: Eddie's compensation has increased by more than 20% in the past year.


Management Age and Tenure

4.0yrs

Average Tenure

52.5yo

Average Age

Experienced Management: 7RY's management team is considered experienced (4 years average tenure).


Board Age and Tenure

5.5yrs

Average Tenure

62yo

Average Age

Experienced Board: 7RY's board of directors are considered experienced (5.5 years average tenure).


Insider Trading

Insider Buying: 7RY insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$12,15009 Sep 19
John Orth
EntityIndividual
Role
Chief Operating Officer
Executive Vice President of Operations
Shares1,875
Max PriceUS$6.48
BuyUS$18,31326 Aug 19
Michael Burbach
EntityIndividual
Role
Senior Key Executive
President of North-West Region
Shares3,000
Max PriceUS$6.10
BuyUS$16,73403 Jun 19
Edward Lehner
EntityIndividual
Role
Chief Executive Officer
President & CEO
Shares2,500
Max PriceUS$6.69
BuyUS$30,49903 Jun 19
Michael Burbach
EntityIndividual
Role
Senior Key Executive
President of North-West Region
Shares4,000
Max PriceUS$7.62
BuyUS$21,72910 Apr 19
Edward Lehner
EntityIndividual
Role
Chief Executive Officer
President & CEO
Shares2,671
Max PriceUS$8.13
BuyUS$151,40326 Mar 19
Stephen Larson
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares20,000
Max PriceUS$7.57
BuyUS$22,14628 Nov 18
Edward Lehner
EntityIndividual
Role
Chief Executive Officer
President & CEO
Shares3,250
Max PriceUS$7.22
BuyUS$29,31923 Nov 18
Edward Lehner
EntityIndividual
Role
Chief Executive Officer
President & CEO
Shares4,125
Max PriceUS$7.11
BuyUS$18,77220 Nov 18
Erich Schnaufer
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares2,500
Max PriceUS$7.51
BuyUS$15,73113 Nov 18
Erich Schnaufer
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares2,000
Max PriceUS$7.87
BuyUS$8,14908 Nov 18
Mark Silver
EntityIndividual
Role
Chief Legal Officer
Executive VP
Shares1,000
Max PriceUS$8.15

Ownership Breakdown


Management Team

  • Eddie Lehner (53yo)

    President & CEO

    • Tenure: 4.3yrs
    • Compensation: US$4.21m
  • Erich Schnaufer (51yo)

    Chief Financial Officer

    • Tenure: 3.8yrs
    • Compensation: US$952.89k
  • Mark Silver (48yo)

    Executive VP

    • Tenure: 3.7yrs
    • Compensation: US$585.54k
  • Mike Burbach (58yo)

    President of North-West Region

    • Tenure: 6yrs
    • Compensation: US$1.52m
  • Kevin Richardson (57yo)

    President of South-East Region

    • Tenure: 12yrs
    • Compensation: US$1.53m
  • Jim Claussen

    President of Central Steel & Wire

    • Tenure: 0yrs
  • Jeff Horwitz

    Director of Financial Planning & Analysis

    • Tenure: 0yrs
  • John Orth (52yo)

    Executive Vice President of Operations

    • Tenure: 1.8yrs

Board Members

  • Court Carruthers (47yo)

    Independent Director

    • Tenure: 4.2yrs
    • Compensation: US$146.00k
  • Eva Kalawski (64yo)

    Director

    • Tenure: 12.3yrs
  • Phil Norment (59yo)

    Director

    • Tenure: 5.5yrs
  • Kirk Calhoun (75yo)

    Independent Director

    • Tenure: 5.2yrs
    • Compensation: US$165.50k
  • Jacob Kotzubei (50yo)

    Director

    • Tenure: 9.8yrs
  • Steve Larson (62yo)

    Independent Director

    • Tenure: 5yrs
    • Compensation: US$147.50k
  • Mary Sigler (64yo)

    Director

    • Tenure: 9.8yrs

Company Information

Ryerson Holding Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ryerson Holding Corporation
  • Ticker: 7RY
  • Exchange: DB
  • Founded: 1842
  • Industry: Steel
  • Sector: Materials
  • Market Cap: US$322.673m
  • Listing Market Cap: US$292.019m
  • Shares outstanding: 37.78m
  • Website: https://www.ryerson.com

Number of Employees


Location

  • Ryerson Holding Corporation
  • 227 West Monroe Street
  • 27th Floor
  • Chicago
  • Illinois
  • 60606
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RYINYSE (New York Stock Exchange)YesCommon StockUSUSDAug 2014
7RYDB (Deutsche Boerse AG)YesCommon StockDEEURAug 2014

Biography

Ryerson Holding Corporation, together with its subsidiaries, processes and distributes industrial metals in the United States, Canada, Mexico, and China. The company offers a line of products in stainless  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/12 22:35
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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