TMST Stock Overview
TimkenSteel Corporation manufactures and sells alloy steel, and carbon and micro-alloy steel products in the United States and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$19.85|
|52 Week High||US$24.99|
|52 Week Low||US$11.68|
|1 Month Change||-12.44%|
|3 Month Change||27.49%|
|1 Year Change||38.42%|
|3 Year Change||134.08%|
|5 Year Change||44.26%|
|Change since IPO||-47.40%|
Recent News & Updates
TimkenSteel: A Rare Winner In The Bear Market
Today, we take our first look at a small steel maker called TimkenSteel Corporation. The stock has been one of few winners in the market so far in 2022, and its shares have seen some insider buying for the first time since 2019. Can the rally continue? A full investment analysis follows in the paragraphs below.
These 4 Measures Indicate That TimkenSteel (NYSE:TMST) Is Using Debt Reasonably Well
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
|TMST||US Metals and Mining||US Market|
Return vs Industry: TMST exceeded the US Metals and Mining industry which returned -9.4% over the past year.
Return vs Market: TMST exceeded the US Market which returned -10.4% over the past year.
|TMST Average Weekly Movement||10.4%|
|Metals and Mining Industry Average Movement||10.2%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.7%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: TMST is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: TMST's weekly volatility (10%) has been stable over the past year.
About the Company
TimkenSteel Corporation manufactures and sells alloy steel, and carbon and micro-alloy steel products in the United States and internationally. It offers carbon, micro-alloy, and alloy steel ingots, bars, tubes, and billets, as well as supplies machining and thermal treatment services. The company’s products are used in gears; hubs; axles; crankshafts and connecting rods; oil country drill pipes; bits and collars; bearing races and rolling elements; bushings; fuel injectors; wind energy shafts; anti-friction bearings; and other applications.
TimkenSteel Fundamentals Summary
|TMST fundamental statistics|
Is TMST overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TMST income statement (TTM)|
|Cost of Revenue||US$1.11b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||4.25|
|Net Profit Margin||14.57%|
How did TMST perform over the long term?See historical performance and comparison
Is TimkenSteel undervalued compared to its fair value and its price relative to the market?
Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TMST ($19.85) is trading below our estimate of fair value ($48.64)
Significantly Below Fair Value: TMST is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TMST is good value based on its PE Ratio (4.7x) compared to the US Metals and Mining industry average (8.1x).
PE vs Market: TMST is good value based on its PE Ratio (4.7x) compared to the US market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: TMST's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: TMST is good value based on its PB Ratio (1.3x) compared to the US Metals and Mining industry average (1.9x).
How is TimkenSteel forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TMST's earnings are forecast to decline over the next 3 years (-31.8% per year).
Earnings vs Market: TMST's earnings are forecast to decline over the next 3 years (-31.8% per year).
High Growth Earnings: TMST's earnings are forecast to decline over the next 3 years.
Revenue vs Market: TMST's revenue (2.6% per year) is forecast to grow slower than the US market (8% per year).
High Growth Revenue: TMST's revenue (2.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TMST's Return on Equity is forecast to be low in 3 years time (9.1%).
How has TimkenSteel performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TMST has high quality earnings.
Growing Profit Margin: TMST became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: TMST has become profitable over the past 5 years, growing earnings by 41.1% per year.
Accelerating Growth: TMST has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TMST has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (98.2%).
Return on Equity
High ROE: TMST's Return on Equity (28.2%) is considered high.
How is TimkenSteel's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: TMST's short term assets ($615.2M) exceed its short term liabilities ($246.2M).
Long Term Liabilities: TMST's short term assets ($615.2M) exceed its long term liabilities ($236.6M).
Debt to Equity History and Analysis
Debt Level: TMST has more cash than its total debt.
Reducing Debt: TMST's debt to equity ratio has reduced from 27.4% to 5% over the past 5 years.
Debt Coverage: TMST's debt is well covered by operating cash flow (559.7%).
Interest Coverage: TMST's interest payments on its debt are well covered by EBIT (42.9x coverage).
What is TimkenSteel current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TMST's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TMST's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TMST's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TMST's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: TMST is not paying a notable dividend for the US market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as TMST has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mike Williams (61 yo)
Mr. Michael S. Williams, B.Sc. (Information Science), also known as Mike, serves as the Chief Executive Officer and President of TimkenSteel Corporation since January 1, 2021 and also serves as its Directo...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD7.16M) is above average for companies of similar size in the US market ($USD3.88M).
Compensation vs Earnings: Insufficient data to compare Mike's compensation with company performance.
Experienced Management: TMST's management team is considered experienced (2.3 years average tenure).
Experienced Board: TMST's board of directors are considered experienced (7.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TMST insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2%.
TimkenSteel Corporation's employee growth, exchange listings and data sources
- Name: TimkenSteel Corporation
- Ticker: TMST
- Exchange: NYSE
- Founded: 1899
- Industry: Steel
- Sector: Materials
- Implied Market Cap: US$925.527m
- Shares outstanding: 46.63m
- Website: https://www.timkensteel.com
Number of Employees
- TimkenSteel Corporation
- 1835 Dueber Avenue SW
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/15 00:00|
|End of Day Share Price||2022/05/13 00:00|
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.