IIIN (Insteel Industries) Asset Turnover: 0.38 (As of Mar. 2026)


IIIN Insteel Industries Inc IIIN
68 GF Score
Price $31.00
GF Value $37.81
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Insteel Industries Asset Turnover?

Insteel Industries IIIN +3.40% 68 Asset Turnover is 0.38 as of Mar. 2026. 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.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Insteel Industries's Revenue for the three months ended in Mar. 2026 was $172.7 Mil. Insteel Industries's Total Assets for the quarter that ended in Mar. 2026 was $458.3 Mil. Therefore, Insteel Industries's Asset Turnover for the quarter that ended in Mar. 2026 was 0.38.

Asset Turnover is linked to ROE % through Du Pont Formula. Insteel Industries's annualized ROE % for the quarter that ended in Mar. 2026 was 5.77%. It is also linked to ROA % through Du Pont Formula. Insteel Industries's annualized ROA % for the quarter that ended in Mar. 2026 was 4.55%.


Insteel Industries  (NYSE:IIIN) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Insteel Industries's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=20.868/361.6795
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(20.868 / 690.612)*(690.612 / 458.31)*(458.31/ 361.6795)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.02 %*1.5069*1.2672
=ROA %*Equity Multiplier
=4.55 %*1.2672
=5.77 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Insteel Industries's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=20.868/458.31
=(Net Income / Revenue)*(Revenue / Total Assets)
=(20.868 / 690.612)*(690.612 / 458.31)
=Net Margin %*Asset Turnover
=3.02 %*1.5069
=4.55 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Insteel Industries Asset Turnover Related Terms


Insteel Industries Asset Turnover Historical Data

* Premium members only.

The historical data trend for Insteel Industries's Asset Turnover 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.

Insteel Industries Asset Turnover Chart

Insteel Industries Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.62 1.92 1.41 1.22 1.46

Insteel Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 0.40 0.38 0.35 0.38

IIIN vs MEC, TG, AP: Asset Turnover Comparison

For the Metal Fabrication subindustry, Insteel Industries's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Insteel Industries's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Insteel Industries's Asset Turnover falls into.


IIIN
68GF Score
Insteel Industries Inc IIIN
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Insteel Industries Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Insteel Industries's Asset Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2025 )/( (Total Assets (A: Sep. 2024 )+Total Assets (A: Sep. 2025 ))/ count )
=647.706/( (422.552+462.65)/ 2 )
=647.706/442.601
=1.46

Insteel Industries's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=172.653/( (456.133+460.487)/ 2 )
=172.653/458.31
=0.38

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.38 mean?
Insteel Industries (IIIN) has a Asset Turnover of 0.38 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Insteel Industries and its competitors.
Is Insteel Industries' Asset Turnover too high?
Insteel Industries' current Asset Turnover is 0.38. 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' Asset Turnover compare to MEC and TG?
Insteel Industries' Asset Turnover of 0.38 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Industrial Products company?
A good Asset Turnover depends on the Industrial Products industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Insteel Industries and its competitors. Insteel Industries's current Asset Turnover is 0.38. 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 $31.00 — trading 18% below its estimated fair value. The current Asset Turnover is 0.38. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Insteel Industries (IIIN), the current Asset Turnover is 0.38 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 $31.00 is trading 18% below its estimated GF Value™ of $37.81. GuruFocus considers Insteel Industries to be Modestly Undervalued.

Key valuation signals for IIIN:

  • Asset Turnover: 0.38
  • GF Value™: $37.81 vs. price of $31.00 (18% below fair value)
  • GF Score™: 68/100 with 4 warning signs

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 Business Description

Address 1373 Boggs Drive, Mount Airy, NC, USA, 27030
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

Get the complete analysis for IIIN

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$31.00
Price
$37.81
GF Value