Universal Stainless & Alloy Products
Market Cap
US$88.8m
Last Updated
2021/04/11 22:09 UTC
Data Sources
Company Financials +
Executive Summary
Universal Stainless & Alloy Products, Inc., together with its subsidiaries, manufactures and markets semi-finished and finished specialty steel products in the United States and internationally. More Details
Snowflake Analysis
Flawless balance sheet and overvalued.
Similar Companies
Share Price & News
How has Universal Stainless & Alloy Products's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: USAP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: USAP's weekly volatility (9%) has been stable over the past year.
Market Performance
7 Day Return
0.7%
USAP
-0.3%
US Metals and Mining
2.1%
US Market
1 Year Return
21.7%
USAP
90.5%
US Metals and Mining
56.3%
US Market
Return vs Industry: USAP underperformed the US Metals and Mining industry which returned 90.5% over the past year.
Return vs Market: USAP underperformed the US Market which returned 56.3% over the past year.
Shareholder returns
| USAP | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.7% | -0.3% | 2.1% |
| 30 Day | -7.2% | -2.8% | 2.4% |
| 90 Day | 21.9% | 7.9% | 6.8% |
| 1 Year | 21.7%21.7% | 94.7%90.5% | 59.1%56.3% |
| 3 Year | -66.5%-66.5% | 38.0%28.8% | 65.7%55.1% |
| 5 Year | -5.8%-5.8% | 124.8%104.4% | 122.3%97.7% |
Long-Term Price Volatility Vs. Market
How volatile is Universal Stainless & Alloy Products's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Universal Stainless & Alloy Products (NASDAQ:USAP) Is Carrying A Fair Bit Of Debt1 month ago | Simply Wall St
How Much Are Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP) Insiders Spending On Buying Shares?3 months ago | Simply Wall St
Estimating The Intrinsic Value Of Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP)Valuation
Is Universal Stainless & Alloy Products undervalued compared to its fair value and its price relative to the market?
0.39x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: USAP ($9.98) is trading above our estimate of fair value ($4.74)
Significantly Below Fair Value: USAP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: USAP is unprofitable, so we can't compare its PE Ratio to the US Metals and Mining industry average.
PE vs Market: USAP is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate USAP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: USAP is good value based on its PB Ratio (0.4x) compared to the US Metals and Mining industry average (2.3x).
Future Growth
How is Universal Stainless & Alloy Products forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
16.5%
Forecasted Materials industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if USAP's forecast earnings growth is above the savings rate (2%).
Earnings vs Market: Insufficient data to determine if USAP's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if USAP's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if USAP's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if USAP's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Universal Stainless & Alloy Products performed over the past 5 years?
27.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: USAP is currently unprofitable.
Growing Profit Margin: USAP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: USAP is unprofitable, but has reduced losses over the past 5 years at a rate of 27.4% per year.
Accelerating Growth: Unable to compare USAP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: USAP is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-5%).
Return on Equity
High ROE: USAP has a negative Return on Equity (-8.44%), as it is currently unprofitable.
Financial Health
How is Universal Stainless & Alloy Products's financial position?
Financial Position Analysis
Short Term Liabilities: USAP's short term assets ($137.1M) exceed its short term liabilities ($33.9M).
Long Term Liabilities: USAP's short term assets ($137.1M) exceed its long term liabilities ($43.5M).
Debt to Equity History and Analysis
Debt Level: USAP's debt to equity ratio (21.8%) is considered satisfactory.
Reducing Debt: USAP's debt to equity ratio has reduced from 41% to 21.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable USAP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: USAP is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 25.5% per year.
Dividend
What is Universal Stainless & Alloy Products's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate USAP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate USAP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if USAP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if USAP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of USAP's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.8yrs
Average management tenure
CEO
Denny Oates (67 yo)
13.25yrs
Tenure
US$633,726
Compensation
Mr. Dennis M. Oates, also known as Denny, has been the Chief Executive Officer and President of Universal Stainless & Alloy Products, Inc. since January 02, 2008. He is Interim Principal Financial and Acco...
CEO Compensation Analysis
Compensation vs Market: Denny's total compensation ($USD633.73K) is about average for companies of similar size in the US market ($USD510.94K).
Compensation vs Earnings: Denny's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: USAP's management team is seasoned and experienced (6.8 years average tenure).
Board Members
Experienced Board: USAP's board of directors are seasoned and experienced ( 10.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Universal Stainless & Alloy Products, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Universal Stainless & Alloy Products, Inc.
- Ticker: USAP
- Exchange: NasdaqGS
- Founded: 1994
- Industry: Steel
- Sector: Materials
- Market Cap: US$88.770m
- Shares outstanding: 8.89m
- Website: https://www.univstainless.com
Number of Employees
Location
- Universal Stainless & Alloy Products, Inc.
- 600 Mayer Street
- Bridgeville
- Pennsylvania
- 15017
- United States
Listings
Biography
Universal Stainless & Alloy Products, Inc., together with its subsidiaries, manufactures and markets semi-finished and finished specialty steel products in the United States and internationally. Its produc...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/11 22:09 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.