| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
ZEUS Stock Overview
Olympic Steel, Inc. processes and distributes metal products in the United States and internationally.
Olympic Steel Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$21.09 |
| 52 Week High | US$40.00 |
| 52 Week Low | US$13.38 |
| Beta | 1.7 |
| 1 Month Change | -6.52% |
| 3 Month Change | -17.68% |
| 1 Year Change | 34.67% |
| 3 Year Change | 13.75% |
| 5 Year Change | -11.46% |
| Change since IPO | 36.07% |
Recent News & Updates
These 4 Measures Indicate That Olympic Steel (NASDAQ:ZEUS) Is Using Debt Extensively
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Olympic Steel (NASDAQ:ZEUS) Is Looking To Continue Growing Its Returns On Capital
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
Shareholder Returns
| ZEUS | US Metals and Mining | US Market | |
|---|---|---|---|
| 7D | -14.2% | -2.9% | -4.0% |
| 1Y | 34.7% | 18.4% | 6.6% |
Return vs Industry: ZEUS exceeded the US Metals and Mining industry which returned 18.7% over the past year.
Return vs Market: ZEUS exceeded the US Market which returned 7.7% over the past year.
Price Volatility
| ZEUS volatility | |
|---|---|
| ZEUS Average Weekly Movement | 7.9% |
| Metals and Mining Industry Average Movement | 9.2% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: ZEUS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: ZEUS's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1954 | 1,600 | Rick Marabito | https://www.olysteel.com |
Olympic Steel, Inc. processes and distributes metal products in the United States and internationally. It operates in three segments: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products. The Carbon Flat Products segment sells and distributes processed carbon and coated flat-rolled sheets, coil and plate products, and fabricated parts.
Olympic Steel Fundamentals Summary
| ZEUS fundamental statistics | |
|---|---|
| Market Cap | US$233.62m |
| Earnings (TTM) | US$97.98m |
| Revenue (TTM) | US$2.02b |
2.4x
P/E Ratio0.1x
P/S RatioIs ZEUS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ZEUS income statement (TTM) | |
|---|---|
| Revenue | US$2.02b |
| Cost of Revenue | US$1.56b |
| Gross Profit | US$454.61m |
| Expenses | US$356.63m |
| Earnings | US$97.98m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 8.84 |
| Gross Margin | 22.51% |
| Net Profit Margin | 4.85% |
| Debt/Equity Ratio | 75.7% |
How did ZEUS perform over the long term?
See historical performance and comparisonDividends
0.4%
Current Dividend Yield0.937%
Payout RatioValuation
Is Olympic Steel undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ZEUS ($22.34) is trading below our estimate of fair value ($472.73)
Significantly Below Fair Value: ZEUS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ZEUS is good value based on its PE Ratio (2.5x) compared to the US Metals and Mining industry average (8.9x).
PE vs Market: ZEUS is good value based on its PE Ratio (2.5x) compared to the US market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: ZEUS's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: ZEUS is good value based on its PB Ratio (0.6x) compared to the US Metals and Mining industry average (2.2x).
Future Growth
How is Olympic Steel forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-84.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ZEUS's earnings are forecast to decline over the next 3 years (-84.6% per year).
Earnings vs Market: ZEUS's earnings are forecast to decline over the next 3 years (-84.6% per year).
High Growth Earnings: ZEUS's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ZEUS's revenue is expected to decline over the next 3 years (-2.1% per year).
High Growth Revenue: ZEUS's revenue is forecast to decline over the next 3 years (-2.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ZEUS's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Olympic Steel performed over the past 5 years?
25.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ZEUS has a high level of non-cash earnings.
Growing Profit Margin: ZEUS became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ZEUS has become profitable over the past 5 years, growing earnings by 25.8% per year.
Accelerating Growth: ZEUS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ZEUS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (125.5%).
Return on Equity
High ROE: ZEUS's Return on Equity (24.6%) is considered high.
Financial Health
How is Olympic Steel's financial position?
Financial Position Analysis
Short Term Liabilities: ZEUS's short term assets ($748.8M) exceed its short term liabilities ($229.4M).
Long Term Liabilities: ZEUS's short term assets ($748.8M) exceed its long term liabilities ($343.2M).
Debt to Equity History and Analysis
Debt Level: ZEUS's net debt to equity ratio (71.9%) is considered high.
Reducing Debt: ZEUS's debt to equity ratio has increased from 64.7% to 75.7% over the past 5 years.
Debt Coverage: ZEUS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ZEUS's interest payments on its debt are well covered by EBIT (19.6x coverage).
Balance Sheet
Dividend
What is Olympic Steel current dividend yield, its reliability and sustainability?
0.38%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ZEUS's dividend (0.36%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: ZEUS's dividend (0.36%) is low compared to the top 25% of dividend payers in the US market (3.49%).
Stability and Growth of Payments
Stable Dividend: ZEUS is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: ZEUS is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: ZEUS is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ZEUS'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?
3.0yrs
Average management tenure
CEO
Rick Marabito (57 yo)
3yrs
Tenure
US$913,611
Compensation
Mr. Richard T. Marabito, also known as Rick, has been an Independent Director at CBIZ, Inc. since August 12, 2021. He is the Director & CEO of Olympic Steel Inc since January 1, 2019. He was the Chief Fina...
CEO Compensation Analysis
Compensation vs Market: Rick's total compensation ($USD913.61K) is about average for companies of similar size in the US market ($USD1.10M).
Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ZEUS's management team is considered experienced (3 years average tenure).
Board Members
Experienced Board: ZEUS's board of directors are considered experienced (7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ZEUS insiders have only sold shares 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
Olympic Steel, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Olympic Steel, Inc.
- Ticker: ZEUS
- Exchange: NasdaqGS
- Founded: 1954
- Industry: Steel
- Sector: Materials
- Implied Market Cap: US$233.621m
- Shares outstanding: 11.08m
- Website: https://www.olysteel.com
Number of Employees
Location
- Olympic Steel, Inc.
- 22901 Millcreek Boulevard
- Bedford Heights
- Ohio
- 44146
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 23:37 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/30 |
| 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.