Olympic Steel
Market Cap
US$192.0m
Last Updated
2019/12/09 23:47 UTC
Data Sources
Company Financials +
Executive Summary
Olympic Steel, Inc. processes and distributes metal products in the United States and internationally.
Risk Analysis
Snowflake Analysis
Adequate balance sheet with questionable track record.
Similar Companies
Share Price & News
How has Olympic Steel's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ZEUS's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
5.2%
ZEUS
2.5%
US Metals and Mining
0.7%
US Market
1 Year Return
-1.0%
ZEUS
13.8%
US Metals and Mining
18.2%
US Market
Return vs Industry: ZEUS underperformed the US Metals and Mining industry which returned 13.8% over the past year.
Return vs Market: ZEUS underperformed the US Market which returned 18.2% over the past year.
Shareholder returns
| ZEUS | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.2% | 2.5% | 0.7% |
| 30 Day | 22.3% | 4.2% | 1.5% |
| 90 Day | 19.3% | 8.4% | 5.0% |
| 1 Year | -0.4%-1.0% | 17.3%13.8% | 20.8%18.2% |
| 3 Year | -32.8%-33.7% | 3.4%-2.1% | 45.2%35.8% |
| 5 Year | 12.5%9.9% | 34.5%23.7% | 71.6%52.7% |
Price Volatility Vs. Market
How volatile is Olympic Steel's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Should You Take Comfort From Insider Transactions At Olympic Steel, Inc. (NASDAQ:ZEUS)?1 month ago | Simply Wall St
What Percentage Of Olympic Steel, Inc. (NASDAQ:ZEUS) Shares Do Insiders Own?2 months ago | Simply Wall St
What Is Olympic Steel's (NASDAQ:ZEUS) P/E Ratio After Its Share Price Rocketed?Valuation
Is Olympic Steel undervalued compared to its fair value and its price relative to the market?
58.59x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ZEUS ($17.46) is trading above our estimate of fair value ($8.31)
Significantly Below Fair Value: ZEUS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ZEUS is poor value based on its PE Ratio (58.6x) compared to the Metals and Mining industry average (12.3x).
PE vs Market: ZEUS is poor value based on its PE Ratio (58.6x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ZEUS's PEG Ratio to determine if it is good value.
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 (1.6x).
Next Steps
Future Growth
How is Olympic Steel forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
-3.1%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if ZEUS's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if ZEUS'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: ZEUS's revenue is expected to decline over the next 3 years (-3.1% per year).
High Growth Revenue: ZEUS's revenue is forecast to decline over the next 3 years (-3.1% 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
Next Steps
Past Performance
How has Olympic Steel performed over the past 5 years?
60.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ZEUS has high quality earnings.
Growing Profit Margin: ZEUS's current net profit margins (0.2%) are lower than last year (2.5%).
Past Earnings Growth Analysis
Earnings Trend: ZEUS's earnings have grown significantly by 60.6% per year over the past 5 years.
Accelerating Growth: ZEUS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ZEUS had negative earnings growth (-91.3%) over the past year, making it difficult to compare to the Metals and Mining industry average (0.7%).
Return on Equity
High ROE: ZEUS's Return on Equity (1.1%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Olympic Steel's financial position?
Financial Position Analysis
Short Term Liabilities: ZEUS's short term assets ($465.9M) exceed its short term liabilities ($117.6M).
Long Term Liabilities: ZEUS's short term assets ($465.9M) exceed its long term liabilities ($272.5M).
Debt to Equity History and Analysis
Debt Level: ZEUS's debt to equity ratio (73.5%) is considered high.
Reducing Debt: ZEUS's debt to equity ratio has reduced from 88.1% to 73.5% over the past 5 years.
Debt Coverage: ZEUS's debt is well covered by operating cash flow (49.4%).
Interest Coverage: ZEUS's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
Inventory Level: ZEUS has a high level of physical assets or inventory.
Debt Coverage by Assets: ZEUS's debt is covered by short term assets (assets are 2.1x debt).
Next Steps
Dividend
What is Olympic Steel's current dividend yield, its reliability and sustainability?
0.46%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ZEUS's dividend (0.46%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: ZEUS's dividend (0.46%) is low compared to the top 25% of dividend payers in the US market (3.7%).
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
What is the CEO of Olympic Steel's salary, the management and board of directors tenure and is there insider trading?
3.3yrs
Average management tenure
CEO
Rick Marabito (55yo)
0.9yrs
Tenure
US$1,489,865
Compensation
Mr. Richard T. Marabito, also known as Rick, is the Director & CEO of Olympic Steel Inc since January 1, 2019.He was the Chief Financial Officer of Olympic Steel Inc. from March 2000 to January 1 2019. Mr. ...
CEO Compensation Analysis
Compensation vs Market: Rick's total compensation ($USD1.49M) is above average for companies of similar size in the US market ($USD1.12M).
Compensation vs Earnings: Rick's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Management Age and Tenure
3.3yrs
Average Tenure
61.5yo
Average Age
Experienced Management: ZEUS's management team is considered experienced (3.3 years average tenure).
Board Age and Tenure
9.3yrs
Average Tenure
65yo
Average Age
Experienced Board: ZEUS's board of directors are considered experienced (9.3 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,925 |
| Max Price | US$12.83 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Director |
| Shares | 5,320 |
| Max Price | US$18.95 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Michael Siegal (67yo)
Executive Chairman
- Tenure: 25.9yrs
- Compensation: US$2.09m
Rick Marabito (55yo)
CEO & Director
- Tenure: 0.9yrs
- Compensation: US$1.49m
David Wolfort (67yo)
President & Director
- Tenure: 32.9yrs
- Compensation: US$1.92m
Ken Sloan
Vice President of Human Resources
- Tenure: 3.8yrs
Richard Manson (50yo)
Chief Financial Officer
- Tenure: 0.9yrs
- Compensation: US$763.17k
Donald McNeeley (65yo)
President of Chicago Tube & Iron
- Tenure: 8.4yrs
- Compensation: US$1.80m
Christopher Kelly
Secretary
- Tenure: 0yrs
Andrew Greiff (58yo)
Executive VP & COO
- Tenure: 3.3yrs
- Compensation: US$1.40m
Lisa Christen
Treasurer & Corporate Controller
- Tenure: 9.8yrs
John Mooney
President & COO of Flat Rolled
- Tenure: 2.9yrs
Board Members
Ralph Della Ratta (65yo)
Independent Director
- Tenure: 15.7yrs
- Compensation: US$144.36k
Michael Siegal (67yo)
Executive Chairman
- Tenure: 25.9yrs
- Compensation: US$2.09m
Rick Marabito (55yo)
CEO & Director
- Tenure: 0.9yrs
- Compensation: US$1.49m
David Wolfort (67yo)
President & Director
- Tenure: 32.9yrs
- Compensation: US$1.92m
Art Anton (62yo)
Lead Independent Director
- Tenure: 0yrs
- Compensation: US$151.24k
Mike Rippey (62yo)
Independent Director
- Tenure: 4.9yrs
- Compensation: US$143.74k
Idie Kesner (61yo)
Independent Director
- Tenure: 1.6yrs
- Compensation: US$57.50k
Howard Goldstein (67yo)
Independent Director
- Tenure: 15.8yrs
- Compensation: US$146.86k
Dirk Kempthorne (67yo)
Independent Director
- Tenure: 9.3yrs
- Compensation: US$144.36k
Vanessa Whiting
Independent Director
- Tenure: 0.08yrs
Company Information
Olympic Steel, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Olympic Steel, Inc.
- Ticker: ZEUS
- Exchange: NasdaqGS
- Founded: 1954
- Industry: Steel
- Sector: Materials
- Market Cap: US$191.986m
- Shares outstanding: 11.00m
- Website: https://www.olysteel.com
Number of Employees
Location
- Olympic Steel, Inc.
- 5096 Richmond Road
- Bedford Heights
- Ohio
- 44146
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ZEUS | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Mar 1994 |
| OYS | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Mar 1994 |
Biography
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 P ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/09 23:47 |
| End of Day Share Price | 2019/12/09 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.