Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt No Debt
IIIN's Cash to Debt is ranked higher than
88% of the 496 Companies
in the Global Steel industry.

( Industry Median: 0.38 vs. IIIN: No Debt )
IIIN' s 10-Year Cash to Debt Range
Min: 0   Max: No Debt
Current: No Debt

Equity to Asset 0.74
IIIN's Equity to Asset is ranked higher than
88% of the 489 Companies
in the Global Steel industry.

( Industry Median: 0.48 vs. IIIN: 0.74 )
IIIN' s 10-Year Equity to Asset Range
Min: 0.15   Max: 0.88
Current: 0.74

0.15
0.88
Interest Coverage 77.52
IIIN's Interest Coverage is ranked higher than
78% of the 287 Companies
in the Global Steel industry.

( Industry Median: 6.20 vs. IIIN: 77.52 )
IIIN' s 10-Year Interest Coverage Range
Min: 0.99   Max: 9999.99
Current: 77.52

0.99
9999.99
F-Score: 7
Z-Score: 7.41
M-Score: -2.46
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 5.01
IIIN's Operating margin (%) is ranked higher than
80% of the 488 Companies
in the Global Steel industry.

( Industry Median: 2.42 vs. IIIN: 5.01 )
IIIN' s 10-Year Operating margin (%) Range
Min: -13.99   Max: 19.33
Current: 5.01

-13.99
19.33
Net-margin (%) 3.22
IIIN's Net-margin (%) is ranked higher than
80% of the 489 Companies
in the Global Steel industry.

( Industry Median: 1.35 vs. IIIN: 3.22 )
IIIN' s 10-Year Net-margin (%) Range
Min: -13.25   Max: 12.36
Current: 3.22

-13.25
12.36
ROE (%) 7.29
IIIN's ROE (%) is ranked higher than
85% of the 498 Companies
in the Global Steel industry.

( Industry Median: 1.99 vs. IIIN: 7.29 )
IIIN' s 10-Year ROE (%) Range
Min: -110.28   Max: 44.22
Current: 7.29

-110.28
44.22
ROA (%) 5.52
IIIN's ROA (%) is ranked higher than
90% of the 502 Companies
in the Global Steel industry.

( Industry Median: 1.11 vs. IIIN: 5.52 )
IIIN' s 10-Year ROA (%) Range
Min: -18.86   Max: 20.81
Current: 5.52

-18.86
20.81
ROC (Joel Greenblatt) (%) 12.03
IIIN's ROC (Joel Greenblatt) (%) is ranked higher than
87% of the 497 Companies
in the Global Steel industry.

( Industry Median: 4.02 vs. IIIN: 12.03 )
IIIN' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -28.92   Max: 53.1
Current: 12.03

-28.92
53.1
Revenue Growth (%) 18.10
IIIN's Revenue Growth (%) is ranked higher than
94% of the 408 Companies
in the Global Steel industry.

( Industry Median: 3.00 vs. IIIN: 18.10 )
IIIN' s 10-Year Revenue Growth (%) Range
Min: -20.2   Max: 18.1
Current: 18.1

-20.2
18.1
EBITDA Growth (%) 50.40
IIIN's EBITDA Growth (%) is ranked higher than
96% of the 345 Companies
in the Global Steel industry.

( Industry Median: -5.30 vs. IIIN: 50.40 )
IIIN' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 50.4
Current: 50.4

0
50.4
EPS Growth (%) 177.30
IIIN's EPS Growth (%) is ranked higher than
99% of the 274 Companies
in the Global Steel industry.

( Industry Median: -9.70 vs. IIIN: 177.30 )
IIIN' s 10-Year EPS Growth (%) Range
Min: -71.7   Max: 177.3
Current: 177.3

-71.7
177.3
» IIIN's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2013

IIIN Guru Trades in Q2 2013

Jim Simons 10,966 sh (New)
Third Avenue Management 674,222 sh (unchged)
Jean-Marie Eveillard 823,251 sh (-7.19%)
Chuck Royce 713,708 sh (-9.1%)
Arnold Van Den Berg 922,921 sh (-9.73%)
Joel Greenblatt 10,527 sh (-88.71%)
» More
Q3 2013

IIIN Guru Trades in Q3 2013

Jim Simons 24,240 sh (+121.05%)
Chuck Royce 785,325 sh (+10.03%)
Joel Greenblatt Sold Out
Arnold Van Den Berg 908,591 sh (-1.55%)
Third Avenue Management 649,222 sh (-3.71%)
Jean-Marie Eveillard 582,893 sh (-29.2%)
» More
Q4 2013

IIIN Guru Trades in Q4 2013

Jim Simons 63,640 sh (+162.54%)
Chuck Royce 1,051,235 sh (+33.86%)
Jean-Marie Eveillard Sold Out
Arnold Van Den Berg 897,839 sh (-1.18%)
Third Avenue Management 597,808 sh (-7.92%)
» More
Q1 2014

IIIN Guru Trades in Q1 2014

Arnold Van Den Berg 890,132 sh (-0.86%)
» More
» Details

Insider Trades

Latest Guru Trades with IIIN

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Jean-Marie Eveillard 2013-12-31 Sold Out 0.03%$15.65 - $22.81 $ 23.9533%0
Jean-Marie Eveillard 2013-09-30 Reduce -29.2%0.01%$15.57 - $18.08 $ 23.9542%582893
Joel Greenblatt 2013-09-30 Sold Out 0.01%$15.57 - $18.08 $ 23.9542%0
Arnold Van Den Berg 2013-06-30 Reduce -9.73%0.16%$14.67 - $19.36 $ 23.9539%922921
Joel Greenblatt 2013-06-30 Reduce -88.71%0.07%$14.67 - $19.36 $ 23.9539%10527
Joel Greenblatt 2013-03-31 New Buy0.08%$12.48 - $16.96 $ 23.9558%93250
Arnold Van Den Berg 2012-09-30 Add 72.16%0.59%$9.54 - $11.86 $ 23.95128%1066007
Arnold Van Den Berg 2011-09-30 New Buy0.51%$9.5 - $12.58 $ 23.95121%525072
Jean-Marie Eveillard 2011-09-30 Add 150.02%0.02%$9.5 - $12.58 $ 23.95121%816751
Jean-Marie Eveillard 2011-06-30 Add 22.3%$11.63 - $14.93 $ 23.9582%326675
Jean-Marie Eveillard 2011-03-31 Add 121.04%0.01%$11.4 - $14.37 $ 23.9594%267100
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 37.10
IIIN's P/E(ttm) is ranked lower than
60% of the 318 Companies
in the Global Steel industry.

( Industry Median: 15.90 vs. IIIN: 37.10 )
IIIN' s 10-Year P/E(ttm) Range
Min: 0.33   Max: 751.76
Current: 37.1

0.33
751.76
P/B 2.61
IIIN's P/B is ranked lower than
69% of the 489 Companies
in the Global Steel industry.

( Industry Median: 0.79 vs. IIIN: 2.61 )
IIIN' s 10-Year P/B Range
Min: 0.12   Max: 4.95
Current: 2.61

0.12
4.95
P/S 1.19
IIIN's P/S is ranked lower than
75% of the 509 Companies
in the Global Steel industry.

( Industry Median: 0.44 vs. IIIN: 1.19 )
IIIN' s 10-Year P/S Range
Min: 0.02   Max: 1.63
Current: 1.19

0.02
1.63
PFCF 35.22
IIIN's PFCF is ranked lower than
65% of the 222 Companies
in the Global Steel industry.

( Industry Median: 12.10 vs. IIIN: 35.22 )
IIIN' s 10-Year PFCF Range
Min: 0.42   Max: 99999999.99
Current: 35.22

0.42
99999999.99
EV-to-EBIT 22.39
IIIN's EV-to-EBIT is ranked lower than
56% of the 375 Companies
in the Global Steel industry.

( Industry Median: 14.70 vs. IIIN: 22.39 )
IIIN' s 10-Year EV-to-EBIT Range
Min: 1.5   Max: 198.8
Current: 22.39

1.5
198.8
PEG 0.50
IIIN's PEG is ranked higher than
81% of the 145 Companies
in the Global Steel industry.

( Industry Median: 1.20 vs. IIIN: 0.50 )
IIIN' s 10-Year PEG Range
Min: 0.15   Max: 2.93
Current: 0.5

0.15
2.93
Shiller P/E 86.91
IIIN's Shiller P/E is ranked lower than
71% of the 188 Companies
in the Global Steel industry.

( Industry Median: 15.80 vs. IIIN: 86.91 )
IIIN' s 10-Year Shiller P/E Range
Min: 3.5   Max: 806.67
Current: 86.91

3.5
806.67

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 0.50
IIIN's Dividend Yield is ranked lower than
89% of the 361 Companies
in the Global Steel industry.

( Industry Median: 1.66 vs. IIIN: 0.50 )
IIIN' s 10-Year Dividend Yield Range
Min: 0.39   Max: 12.65
Current: 0.5

0.39
12.65
Dividend Payout 0.20
IIIN's Dividend Payout is ranked lower than
156% of the 255 Companies
in the Global Steel industry.

( Industry Median: 0.31 vs. IIIN: 0.20 )
IIIN' s 10-Year Dividend Payout Range
Min: 0.03   Max: 30
Current: 0.2

0.03
30
Yield on cost (5-Year) 0.50
IIIN's Yield on cost (5-Year) is ranked lower than
80% of the 383 Companies
in the Global Steel industry.

( Industry Median: 1.57 vs. IIIN: 0.50 )
IIIN' s 10-Year Yield on cost (5-Year) Range
Min: 0.39   Max: 12.65
Current: 0.5

0.39
12.65
Share Buyback Rate -1.50
IIIN's Share Buyback Rate is ranked higher than
68% of the 263 Companies
in the Global Steel industry.

( Industry Median: -1.40 vs. IIIN: -1.50 )
IIIN' s 10-Year Share Buyback Rate Range
Min: 2.2   Max: -26.3
Current: -1.5

Valuation & Return

vs
industry
vs
history
Price/Net Current Asset Value 16.40
IIIN's Price/Net Current Asset Value is ranked lower than
389% of the 102 Companies
in the Global Steel industry.

( Industry Median: 4.30 vs. IIIN: 16.40 )
IIIN' s 10-Year Price/Net Current Asset Value Range
Min: 3.01   Max: 208.17
Current: 16.4

3.01
208.17
Price/Tangible Book 2.64
IIIN's Price/Tangible Book is ranked lower than
83% of the 477 Companies
in the Global Steel industry.

( Industry Median: 0.86 vs. IIIN: 2.64 )
IIIN' s 10-Year Price/Tangible Book Range
Min: 0.1   Max: 4.95
Current: 2.64

0.1
4.95
Price/DCF (Projected) 1.78
IIIN's Price/DCF (Projected) is ranked lower than
194% of the 205 Companies
in the Global Steel industry.

( Industry Median: 0.70 vs. IIIN: 1.78 )
IIIN' s 10-Year Price/DCF (Projected) Range
Min: 0.05   Max: 4.3
Current: 1.78

0.05
4.3
Price/Median PS Value 1.69
IIIN's Price/Median PS Value is ranked lower than
84% of the 470 Companies
in the Global Steel industry.

( Industry Median: 1.00 vs. IIIN: 1.69 )
IIIN' s 10-Year Price/Median PS Value Range
Min: 0.02   Max: 2.33
Current: 1.69

0.02
2.33
Price/Graham Number 2.08
IIIN's Price/Graham Number is ranked lower than
124% of the 319 Companies
in the Global Steel industry.

( Industry Median: 0.85 vs. IIIN: 2.08 )
IIIN' s 10-Year Price/Graham Number Range
Min: 0.08   Max: 3.87
Current: 2.08

0.08
3.87
Earnings Yield (Greenblatt) 4.50
IIIN's Earnings Yield (Greenblatt) is ranked higher than
53% of the 417 Companies
in the Global Steel industry.

( Industry Median: 5.80 vs. IIIN: 4.50 )
IIIN' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.5   Max: 65.8
Current: 4.5

0.5
65.8
Forward Rate of Return (Yacktman) 2.66
IIIN's Forward Rate of Return (Yacktman) is ranked higher than
76% of the 297 Companies
in the Global Steel industry.

( Industry Median: 2.53 vs. IIIN: 2.66 )
IIIN' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -140.7   Max: 64
Current: 2.66

-140.7
64

Business Description

Industry: Steel » Steel
Compare:TS, NSSMY, SID, PKX, GGB » details
Insteel Industries, Inc. was incorporated in 1958 in the State of North Carolina. It is a manufacturer of steel wire reinforcing products for concrete construction applications. The Company is the parent holding Company for two wholly-owned subsidiaries, Insteel Wire Products Company ('IWP') and Intercontinental Metals Corporation. The Company manufactures and markets PC strand and welded wire reinforcement products, including concrete pipe reinforcement, engineered structural mesh and standard welded wire reinforcement. The Company's products are mainly sold to manufacturers of concrete products and to a lesser extent to distributors and rebar fabricators that are located nationwide as well as in Canada, Mexico, and Central and South America. Its concrete reinforcing products consist of PC strand and WWR. PC strand is a high strength seven-wire strand that is used to impart compression forces into precast concrete elements and structures, which might be either pretensioned or posttensioned, providing reinforcement for bridges, parking decks, buildings and other concrete structures. WWR is produced as either a standard or a specially engineered reinforcing product for use in nonresidential and residential construction. It produces a full range of WWR products, including CPR, SWWR and ESM. Insteel's products are sold nationwide as well as into Canada, Mexico, and Central and South America, and delivered by truck, using common or contract carriers. The Company sells its products to a range of customers which includes manufacturers of concrete products, and to a lesser extent, distributors and rebar fabricators. The raw material used to manufacture its products is hot-rolled carbon steel wire rod, which it purchases from both domestic and foreign suppliers. Its competitors for WWR products are Ivy Steel & Wire, Nucor Corporation, Gerdau Ameristeel Corporation, Engineered Wire Products, Inc., Davis Wire Corporation, Oklahoma Steel & Wire Co., Inc. and Concrete Reinforcements Inc. Main Competitors for PC strand are American Spring Wire Corporation, Sumiden Wire Products Corporation, Strand-Tech Martin, Inc. and MMIStrandCo, LP. Its business is subject to numerous federal, state and local laws and regulations pertaining to the protection of the environment that could result in increased capital investments and operating costs.

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide