Insteel IndustriesIIIN -1.02%68 Return-on-Tangible-Equity is 6.78% as of Mar. 2026, which is 42% below its 10-year median of 11.69. GuruFocus rates IIIN with a GF Score™ of 68/100 and a GF Value™ of $37.81 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,971 Industrial Products companies, Insteel Industries ranks better than 75.09% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Insteel Industries's annualized net income for the quarter that ended in Mar. 2026 was $20.9 Mil. Insteel Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $308.0 Mil. Therefore, Insteel Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.78%.
The historical rank and industry rank for Insteel Industries's Return-on-Tangible-Equity or its related term are showing as below:
IIIN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.47 Med: 11.69 Max: 38.01
Current: 13.98
During the past 13 years, Insteel Industries's highest Return-on-Tangible-Equity was 38.01%. The lowest was 2.47%. And the median was 11.69%.
IIIN's Return-on-Tangible-Equity is ranked better than 75.09% of 2971
companies
in the Industrial Products industry
Industry Median: 6.74
vs IIIN: 13.98
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Insteel Industries Return-on-Tangible-Equity Related Terms
Insteel Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Insteel Industries's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
IIIN vs TG, MEC, AP: Return-on-Tangible-Equity Comparison
For the Metal Fabrication subindustry, Insteel Industries's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Insteel Industries Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Insteel Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Insteel Industries's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 6.78% mean?
Insteel Industries (IIIN) has a Return-on-Tangible-Equity of 6.78% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Insteel Industries and its competitors. This is 42% below median its historical median of 11.69. Over the past decade, Insteel Industries' Return-on-Tangible-Equity has ranged from 2.47 to 38.01. According to the industry distribution chart, Insteel Industries ranks #740 out of 2971 companies in the Industrial Products industry, placing it in the top 24.9%.
Is Insteel Industries' Return-on-Tangible-Equity too high?
Insteel Industries' current Return-on-Tangible-Equity of 6.78% is 42% below median its 10-year median of 11.69. Over the past 10 years, this metric has ranged from a low of 2.47 to a high of 38.01. The Industrial Products industry median Return-on-Tangible-Equity is 6.74. Insteel Industries' value of 6.78% is 0.6% above this industry median. Based on the distribution chart, Insteel Industries ranks #740 out of 2971 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Insteel Industries has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Insteel Industries' Return-on-Tangible-Equity compare to TG and MEC?
According to the Industrial Products industry distribution chart, Insteel Industries ranks #740 out of 2971 companies for Return-on-Tangible-Equity. This places Insteel Industries in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.74. Insteel Industries' value of 6.78% is 0.6% above this benchmark. Historically, Insteel Industries' own Return-on-Tangible-Equity has ranged from 2.47 to 38.01 over the past decade. While the company's 10-year median is 11.69 vs. the industry median of 6.74, Insteel Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.74, based on 2,971 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Insteel Industries's current Return-on-Tangible-Equity of 6.78% is 0.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Insteel Industries and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Insteel Industries's current Return-on-Tangible-Equity is 6.78%, which is 42% below median its own 10-year median of 11.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Insteel Industries stock overvalued right now?
Based on GuruFocus' analysis, Insteel Industries (IIIN) is currently considered Modestly Undervalued. The stock's GF Value™ is $37.81, compared to a current price of $30.22 — trading 20.1% below its estimated fair value. The current Return-on-Tangible-Equity is 6.78%, which is 42% below median its 10-year median of 11.69 and 0.6% above the Industrial Products industry median of 6.74. Insteel Industries' overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Insteel Industries (IIIN), the current Return-on-Tangible-Equity is 6.78% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Insteel Industries (IIIN) Overvalued in 2026?
Based on GuruFocus' analysis, Insteel Industries stock appears to be undervalued.
The current stock price of $30.22 is trading 20.1% below its estimated GF Value™ of $37.81.
GuruFocus considers Insteel Industries to be Modestly Undervalued.
Key valuation signals for IIIN:
Return-on-Tangible-Equity: 6.78% (42% below median its 10-year median of 11.69)
GF Value™: $37.81 vs. price of $30.22 (20.1% below fair value)
Industry Position: 0.6% above the Industrial Products median (#740 of 2971)
No single metric tells the full story. See the IIIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Insteel Industries Inc produces and sells prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). PC strand, a high-strength seven-wire cable, is used to strengthen precast concrete in structures like bridges, parking decks, and buildings, enabling longer spans and slimmer designs. WWR includes engineered structural mesh for primary reinforcement, concrete pipe reinforcement for drainage and sewage systems, and standard WWR for crack control in residential and light commercial construction. The company serves markets in the United States and internationally, with the majority of revenue generated in the United States.
68GF Score
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