NYSE:RYI

Stock Analysis Report

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Executive Summary

Ryerson Holding Corporation, together with its subsidiaries, processes and distributes industrial metals in the United States, Canada, Mexico, and China. More Details


Snowflake Analysis

Good value with reasonable growth potential.


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

Stable Share Price: RYI has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

11.4%

RYI

3.2%

US Metals and Mining

1.8%

US Market


1 Year Return

-30.9%

RYI

23.5%

US Metals and Mining

14.2%

US Market

Return vs Industry: RYI underperformed the US Metals and Mining industry which returned 23.5% over the past year.

Return vs Market: RYI underperformed the US Market which returned 14.2% over the past year.


Shareholder returns

RYIIndustryMarket
7 Day11.4%3.2%1.8%
30 Day-0.3%1.4%0.04%
90 Day6.0%23.7%9.8%
1 Year-30.9%-30.9%26.3%23.5%16.7%14.2%
3 Year-35.5%-35.5%19.3%11.5%41.6%32.2%
5 Year23.0%23.0%116.6%96.9%90.9%69.5%

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 compared to its fair value and its price relative to the market?

8.54x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RYI ($6.16) is trading above our estimate of fair value ($0.61)

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


Price To Earnings Ratio

PE vs Industry: RYI is good value based on its PE Ratio (8.5x) compared to the US Metals and Mining industry average (18.9x).

PE vs Market: RYI is good value based on its PE Ratio (8.5x) compared to the US market (18.6x).


Price to Earnings Growth Ratio

PEG Ratio: RYI is good value based on its PEG Ratio (0.1x)


Price to Book Ratio

PB vs Industry: RYI is good value based on its PB Ratio (1.5x) compared to the US Metals and Mining industry average (1.8x).


Next Steps

Future Growth

How is Ryerson Holding forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

81.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RYI's forecast earnings growth (81.9% per year) is above the savings rate (2.2%).

Earnings vs Market: RYI's earnings (81.9% per year) are forecast to grow faster than the US market (23.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: RYI's revenue (4.7% per year) is forecast to grow slower than the US market (9.7% per year).

High Growth Revenue: RYI's revenue (4.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RYI's Return on Equity is forecast to be high in 3 years time (29.6%)


Next Steps

Past Performance

How has Ryerson Holding performed over the past 5 years?

45.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RYI has a large one-off gain of $19.8M impacting its June 30 2020 financial results.

Growing Profit Margin: RYI's current net profit margins (0.7%) are lower than last year (2.5%).


Past Earnings Growth Analysis

Earnings Trend: RYI has become profitable over the past 5 years, growing earnings by 45.9% per year.

Accelerating Growth: RYI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: RYI had negative earnings growth (-77.9%) over the past year, making it difficult to compare to the Metals and Mining industry average (-40.7%).


Return on Equity

High ROE: RYI's Return on Equity (16.8%) is considered low.


Next Steps

Financial Health

How is Ryerson Holding's financial position?


Financial Position Analysis

Short Term Liabilities: RYI's short term assets ($1.1B) exceed its short term liabilities ($388.1M).

Long Term Liabilities: RYI's short term assets ($1.1B) do not cover its long term liabilities ($1.3B).


Debt to Equity History and Analysis

Debt Level: RYI's debt to equity ratio (555.2%) is considered high.

Reducing Debt: RYI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: RYI's debt is well covered by operating cash flow (35.3%).

Interest Coverage: RYI's interest payments on its debt are not well covered by EBIT (1.2x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate RYI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RYI'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 RYI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RYI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: RYI is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of RYI'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?

4.9yrs

Average management tenure


CEO

Eddie Lehner (54 yo)

5.25yrs

Tenure

US$2,377,775

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

Compensation vs Market: Eddie's total compensation ($USD2.38M) is above average for companies of similar size in the US market ($USD1.28M).

Compensation vs Earnings: Eddie's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Edward Lehner
President & CEO5.25yrsUS$2.38m1.04%
$ 2.4m
Mark Silver
Executive VP4.58yrsUS$685.78k0.17%
$ 390.1k
Michael Burbach
President of North-West Region6.92yrsUS$1.02m0.38%
$ 881.4k
Kevin Richardson
President of South-East Region12.92yrsUS$853.63k0.39%
$ 918.1k
Molly Kannan
Corporate Controller0.67yrno data0.034%
$ 80.0k
John Orth
Executive Vice President of Operations2.67yrsno data0.092%
$ 215.8k
Justine Carlson
Head of Investor Relationsno datano datano data
Jim Claussen
President of Central Steel & Wireno datano datano data
Camilla Merrick
Corporate Secretaryno datano datano data
Jeffrey Horwitz
Director of Financial Planning & Analysisno datano datano data

4.9yrs

Average Tenure

53.5yo

Average Age

Experienced Management: RYI's management team is considered experienced (4.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Court Carruthers
Independent Director5.08yrsUS$146.00k0.0053%
$ 12.3k
Eva Kalawski
Director13.17yrsno datano data
Philip Norment
Director6.42yrsno datano data
Kirk Calhoun
Independent Director6.08yrsUS$164.00k0.0013%
$ 3.1k
Jacob Kotzubei
Director10.67yrsno data0.13%
$ 308.0k
Stephen Larson
Independent Director5.92yrsUS$146.00k0.17%
$ 400.4k
Mary Sigler
Director10.67yrsno data0.020%
$ 46.2k

6.4yrs

Average Tenure

63yo

Average Age

Experienced Board: RYI's board of directors are considered experienced (6.4 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

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$234.803m
  • Shares outstanding: 38.12m
  • 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 carbon ste ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/18 07:00
End of Day Share Price2020/09/17 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.