NYSE:RYI

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

Solid track record and fair value.

Risks

  • Ryerson Holding has significant price volatility in the past 3 months.

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

13.2%

NYSE:RYI

3.9%

US Metals and Mining

1.1%

US Market


1 Year Return

-11.2%

NYSE:RYI

-8.4%

US Metals and Mining

2.1%

US Market

RYI underperformed the Metals and Mining industry which returned -7.2% over the past year.

RYI underperformed the Market in United States of America which returned 2% over the past year.


Share holder returns

RYIIndustryMarket
7 Day13.2%3.9%1.1%
30 Day34.4%8.2%3.7%
90 Day26.7%2.2%2.3%
1 Year-11.2%-11.2%-5.7%-8.4%4.4%2.1%
3 Year-6.7%-6.7%15.3%9.3%47.0%37.4%
5 Year-31.0%-31.0%-5.2%-12.6%61.6%43.8%

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

Valuation

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

34%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Ryerson Holding's share price is below the future cash flow value, and at a moderate discount (> 20%).

Ryerson Holding's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Ryerson Holding is good value based on earnings compared to the US Metals and Mining industry average.

Ryerson Holding is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Ryerson Holding earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

Ryerson Holding is overvalued based on assets compared to the US Metals and Mining industry average.


Next Steps

Future Growth

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

-17.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Ryerson Holding's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

Ryerson Holding's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Ryerson Holding's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Ryerson Holding's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Ryerson Holding's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Ryerson Holding is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


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

Ryerson Holding has delivered over 20% year on year earnings growth in the past 5 years.

Ryerson Holding's 1-year earnings growth exceeds its 5-year average (318.9% vs 31.1%)

Ryerson Holding's earnings growth has exceeded the US Metals and Mining industry average in the past year (318.9% vs 27.3%).


Return on Equity

Whilst Ryerson Holding made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%), this is metric is skewed due to its high level of debt.


Return on Assets

Ryerson Holding used its assets more efficiently than the US Metals and Mining industry average last year based on Return on Assets.


Return on Capital Employed

Ryerson Holding has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Ryerson Holding's financial position?


Financial Position Analysis

Ryerson Holding is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Ryerson Holding's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Ryerson Holding's level of debt (851.2%) compared to net worth is high (greater than 40%).

Ryerson Holding had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.

Debt is not well covered by operating cash flow (11%, less than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 1.8x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.3x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Ryerson Holding's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Ryerson Holding's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Ryerson Holding has not reported any payouts.

Unable to verify if Ryerson Holding's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Ryerson Holding has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


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

Eddie's remuneration is higher than average for companies of similar size in United States of America.

Eddie's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.0yrs

Average Tenure

52.5yo

Average Age

The tenure for the Ryerson Holding management team is about average.


Board Age and Tenure

5.4yrs

Average Tenure

62yo

Average Age

The tenure for the Ryerson Holding board of directors is about average.


Insider Trading

More shares have been bought than sold by Ryerson Holding individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyUS$13,42509 Sep 19
John Orth
EntityIndividual
Role
Chief Operating Officer
Executive Vice President of Operations
Shares1,875
Max PriceUS$7.16
BuyUS$20,40026 Aug 19
Michael Burbach
EntityIndividual
Role
Senior Key Executive
President of North-West Region
Shares3,000
Max PriceUS$6.80
BuyUS$18,75003 Jun 19
Edward Lehner
EntityIndividual
Role
Chief Executive Officer
President & CEO
Shares2,500
Max PriceUS$7.50
BuyUS$33,96003 Jun 19
Michael Burbach
EntityIndividual
Role
Senior Key Executive
President of North-West Region
Shares4,000
Max PriceUS$8.49
BuyUS$24,46610 Apr 19
Edward Lehner
EntityIndividual
Role
Chief Executive Officer
President & CEO
Shares2,671
Max PriceUS$9.16
BuyUS$171,00026 Mar 19
Stephen Larson
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares20,000
Max PriceUS$8.55
BuyUS$24,98828 Nov 18
Edward Lehner
EntityIndividual
Role
Chief Executive Officer
President & CEO
Shares3,250
Max PriceUS$8.15
BuyUS$33,41323 Nov 18
Edward Lehner
EntityIndividual
Role
Chief Executive Officer
President & CEO
Shares4,125
Max PriceUS$8.10
BuyUS$21,50020 Nov 18
Erich Schnaufer
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares2,500
Max PriceUS$8.60
BuyUS$17,84013 Nov 18
Erich Schnaufer
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares2,000
Max PriceUS$8.92
BuyUS$9,30008 Nov 18
Mark Silver
EntityIndividual
Role
Chief Legal Officer
Executive VP
Shares1,000
Max PriceUS$9.30

Ownership Breakdown


Management Team

  • Eddie Lehner (53yo)

    President & CEO

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

    Chief Financial Officer

    • Tenure: 3.7yrs
    • Compensation: US$952.89k
  • Mark Silver (48yo)

    Executive VP

    • Tenure: 3.6yrs
    • Compensation: US$585.54k
  • Mike Burbach (58yo)

    President of North-West Region

    • Tenure: 5.9yrs
    • Compensation: US$1.52m
  • Kevin Richardson (57yo)

    President of South-East Region

    • Tenure: 11.9yrs
    • 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: 1.7yrs

Board Members

  • Court Carruthers (47yo)

    Independent Director

    • Tenure: 4.1yrs
    • Compensation: US$146.00k
  • Eva Kalawski (64yo)

    Director

    • Tenure: 12.2yrs
  • Phil Norment (59yo)

    Director

    • Tenure: 5.4yrs
  • Kirk Calhoun (75yo)

    Independent Director

    • Tenure: 5.1yrs
    • Compensation: US$165.50k
  • Jacob Kotzubei (50yo)

    Director

    • Tenure: 9.7yrs
  • Steve Larson (62yo)

    Independent Director

    • Tenure: 4.9yrs
    • Compensation: US$147.50k
  • Mary Sigler (64yo)

    Director

    • Tenure: 9.7yrs

Company Information

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


Key Information

  • Name: Ryerson Holding Corporation
  • Ticker: RYI
  • Exchange: NYSE
  • Founded: 1842
  • Industry: Steel
  • Sector: Materials
  • Market Cap: US$365.747m
  • 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 Analysis2019/09/17 00:09
End of Day Share Price2019/09/16 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.