Olympic Steel Valuation

Is ZEUS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ZEUS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ZEUS ($38.6) is trading above our estimate of fair value ($1.87)

Significantly Below Fair Value: ZEUS is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ZEUS?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for ZEUS. This is calculated by dividing ZEUS's market cap by their current preferred multiple.
What is ZEUS's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	US$429.72m

ZEUS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.3x
Enterprise Value/EBITDA	6.9x
PEG Ratio	-1.5x

Price to Earnings Ratio vs Peers

How does ZEUS's PE Ratio compare to its peers?

The above table shows the PE ratio for ZEUS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	13.2x
RYI Ryerson Holding	10x	n/a	US$628.8m
MTUS Metallus	11.9x	29.9%	US$653.2m
SXC SunCoke Energy	10.7x	-8.2%	US$669.4m
USAP Universal Stainless & Alloy Products	20.1x	n/a	US$351.9m
ZEUS Olympic Steel	11.9x	-8.0%	US$429.7m

Price-To-Earnings vs Peers: ZEUS is good value based on its Price-To-Earnings Ratio (11.9x) compared to the peer average (13.2x).

Price to Earnings Ratio vs Industry

How does ZEUS's PE Ratio compare vs other companies in the US Metals and Mining Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	22.1%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	22.1%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: ZEUS is good value based on its Price-To-Earnings Ratio (11.9x) compared to the US Metals and Mining industry average (13.9x).

Price to Earnings Ratio vs Fair Ratio

What is ZEUS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ZEUS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	11.9x
Fair PE Ratio	9.4x

Price-To-Earnings vs Fair Ratio: ZEUS is expensive based on its Price-To-Earnings Ratio (11.9x) compared to the estimated Fair Price-To-Earnings Ratio (9.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.