| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 5/6 |
WOR Stock Overview
Worthington Industries, Inc., an industrial manufacturing company, focuses on value-added steel processing and manufactured metal products in North America and internationally.
Worthington Industries Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$57.24 |
| 52 Week High | US$75.45 |
| 52 Week Low | US$47.79 |
| Beta | 1.11 |
| 1 Month Change | 16.44% |
| 3 Month Change | 7.05% |
| 1 Year Change | 3.15% |
| 3 Year Change | 56.18% |
| 5 Year Change | 19.00% |
| Change since IPO | 463.02% |
Recent News & Updates
Worthington Industries (NYSE:WOR) Seems To Use Debt Quite Sensibly
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
New Forecasts: Here's What Analysts Think The Future Holds For Worthington Industries, Inc. (NYSE:WOR)
Celebrations may be in order for Worthington Industries, Inc. ( NYSE:WOR ) shareholders, with the analysts delivering a...
Shareholder Returns
| WOR | US Metals and Mining | US Market | |
|---|---|---|---|
| 7D | -1.0% | -2.3% | -4.6% |
| 1Y | 3.2% | 18.7% | 7.7% |
Return vs Industry: WOR underperformed the US Metals and Mining industry which returned 18.2% over the past year.
Return vs Market: WOR underperformed the US Market which returned 10.2% over the past year.
Price Volatility
| WOR volatility | |
|---|---|
| WOR Average Weekly Movement | 4.4% |
| Metals and Mining Industry Average Movement | 8.6% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: WOR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: WOR's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1955 | 9,000 | Andy Rose | https://www.worthingtonindustries.com |
Worthington Industries, Inc., an industrial manufacturing company, focuses on value-added steel processing and manufactured metal products in North America and internationally. It operates through Steel Processing, Consumer Products, Building Products, and Sustainable Energy Solutions segments. The Steel Processing segment processes flat-rolled steel for customers primarily in the automotive, aerospace, agricultural, appliance, construction, container, hardware, heavy-truck, HVAC, lawn and garden, leisure and recreation, office furniture, and office equipment markets.
Worthington Industries Fundamentals Summary
| WOR fundamental statistics | |
|---|---|
| Market Cap | US$2.92b |
| Earnings (TTM) | US$423.96m |
| Revenue (TTM) | US$4.08b |
6.9x
P/E Ratio0.7x
P/S RatioIs WOR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WOR income statement (TTM) | |
|---|---|
| Revenue | US$4.08b |
| Cost of Revenue | US$3.29b |
| Gross Profit | US$794.21m |
| Expenses | US$370.26m |
| Earnings | US$423.96m |
Last Reported Earnings
Nov 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 8.32 |
| Gross Margin | 19.46% |
| Net Profit Margin | 10.39% |
| Debt/Equity Ratio | 43.0% |
How did WOR perform over the long term?
See historical performance and comparisonDividends
2.0%
Current Dividend Yield13%
Payout RatioDoes WOR pay a reliable dividends?
See WOR dividend history and benchmarks| Worthington Industries dividend dates | |
|---|---|
| Ex Dividend Date | Mar 14 2022 |
| Dividend Pay Date | Mar 29 2022 |
| Days until Ex dividend | 53 days |
| Days until Dividend pay date | 68 days |
Does WOR pay a reliable dividends?
See WOR dividend history and benchmarksValuation
Is Worthington Industries undervalued compared to its fair value and its price relative to the market?
6.88x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: WOR ($57.24) is trading above our estimate of fair value ($50.54)
Significantly Below Fair Value: WOR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WOR is good value based on its PE Ratio (6.9x) compared to the US Metals and Mining industry average (8.8x).
PE vs Market: WOR is good value based on its PE Ratio (6.9x) compared to the US market (17x).
Price to Earnings Growth Ratio
PEG Ratio: WOR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: WOR is good value based on its PB Ratio (2x) compared to the US Metals and Mining industry average (2.2x).
Future Growth
How is Worthington Industries forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
-18.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WOR's earnings are forecast to decline over the next 3 years (-18.2% per year).
Earnings vs Market: WOR's earnings are forecast to decline over the next 3 years (-18.2% per year).
High Growth Earnings: WOR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: WOR's revenue is expected to decline over the next 3 years (-16.4% per year).
High Growth Revenue: WOR's revenue is forecast to decline over the next 3 years (-16.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WOR's Return on Equity is forecast to be low in 3 years time (14.5%).
Past Performance
How has Worthington Industries performed over the past 5 years?
25.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WOR has a high level of non-cash earnings.
Growing Profit Margin: WOR's current net profit margins (10.4%) are lower than last year (20.4%).
Past Earnings Growth Analysis
Earnings Trend: WOR's earnings have grown significantly by 25.7% per year over the past 5 years.
Accelerating Growth: WOR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WOR had negative earnings growth (-26.2%) over the past year, making it difficult to compare to the Metals and Mining industry average (125.5%).
Return on Equity
High ROE: WOR's Return on Equity (27.3%) is considered high.
Financial Health
How is Worthington Industries's financial position?
Financial Position Analysis
Short Term Liabilities: WOR's short term assets ($1.9B) exceed its short term liabilities ($820.2M).
Long Term Liabilities: WOR's short term assets ($1.9B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: WOR's net debt to equity ratio (29.2%) is considered satisfactory.
Reducing Debt: WOR's debt to equity ratio has reduced from 57.1% to 43% over the past 5 years.
Debt Coverage: WOR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: WOR's interest payments on its debt are well covered by EBIT (13.7x coverage).
Balance Sheet
Dividend
What is Worthington Industries's current dividend yield, its reliability and sustainability?
1.96%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: WOR's dividend (1.96%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: WOR's dividend (1.96%) is low compared to the top 25% of dividend payers in the US market (3.48%).
Stability and Growth of Payments
Stable Dividend: WOR's dividends per share have been stable in the past 10 years.
Growing Dividend: WOR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (13.2%), WOR's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WOR's dividends in 3 years are forecast to be well covered by earnings (24.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Andy Rose (51 yo)
3.42yrs
Tenure
US$5,621,973
Compensation
Mr. B. Andrew Rose, also known as Andy, has been the President of Worthington Industries, Inc. since August 22, 2018 and as its Chief Executive Officer since September 1, 2020. He joined Worthington in 200...
CEO Compensation Analysis
Compensation vs Market: Andy's total compensation ($USD5.62M) is about average for companies of similar size in the US market ($USD5.14M).
Compensation vs Earnings: Andy's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: WOR's management team is considered experienced (3.3 years average tenure).
Board Members
Experienced Board: WOR's board of directors are seasoned and experienced ( 22 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
Worthington Industries, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Worthington Industries, Inc.
- Ticker: WOR
- Exchange: NYSE
- Founded: 1955
- Industry: Steel
- Sector: Materials
- Implied Market Cap: US$2.915b
- Shares outstanding: 50.93m
- Website: https://www.worthingtonindustries.com
Number of Employees
Location
- Worthington Industries, Inc.
- 200 Old Wilson Bridge Road
- Columbus
- Ohio
- 43085
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/19 23:34 |
| End of Day Share Price | 2022/01/19 00:00 |
| Earnings | 2021/11/30 |
| Annual Earnings | 2021/05/31 |
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.