-0.38%
7.91%
-1.32%
-30.14%
-47.61%
66.30%
140.85%
AI Spotlight on ZEUS
Company Description
Olympic Steel, Inc.processes, distributes, and storage metal products in the United States and internationally.It operates in three segments: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products.
The Carbon Flat Products segment sells and distributes processed carbon and coated flat-rolled sheets, coil and plate products, and fabricated parts.The Specialty Metals Flat Products segment sells and distributes processed aluminum and stainless flat-rolled sheets and coil products, flat bar products, and fabricated parts, as well as stainless steel and aluminum plates, sheets, angles, rounds, flat bars, tubing and pipe, and prime tin mill products.The Tubular and Pipe Products segment distributes metal tubing products, pipes, bars, valves and fittings, and fabricated pressure parts.
The company also provides various processing services comprising cutting-to-length, slitting, shearing, roll forming, shape correction, surface improvement, blanking, tempering, plate burning, and stamping as well as offers value-added processing of saw cutting, laser cutting, beveling, threading, and grooving services.In addition, the company provides shot blasting, grinding, edging, and polishing; bending, drilling, milling, tapping, boring, and sawing metal; machining, welding, assembly, and painting of component parts.Further, the company process metals to specified lengths, widths, shapes, and surface.
It serves metal consuming industries, such as manufacturers and fabricators of transportation and material handling lift equipment, construction, mining and farm equipment, agriculture equipment, storage tanks, environmental and energy generation equipment, automobiles, food service, commercial appliances, and electrical equipment as well as military vehicles and equipment, general and plate fabricators, and metals service centers through direct sales force.Olympic Steel, Inc.was founded in 1954 and is based in Bedford Heights, Ohio.
Market Data
| Last Price | 35.41 |
| Change Percentage | -0.38% |
| Open | 35.39 |
| Previous Close | 35.54 |
| Market Cap ( Millions) | 394 |
| Volume | 6978 |
| Year High | 73.49 |
| Year Low | 30.29 |
| M A 50 | 37.01 |
| M A 200 | 43.7 |
Financial Ratios
| FCF Yield | 11.89% |
| Dividend Yield | 1.69% |
| ROE | 4.69% |
| Debt / Equity | 40.96% |
| Net Debt / EBIDTA | 271.33% |
| Price To Book | 0.72 |
| Price Earnings Ratio | 15.6 |
| Price To FCF | 8.41 |
| Price To sales | 0.2 |
| EV / EBITDA | 7.52 |
News
- Jan -24 - Olympic Steel Promotes Brant Harbert to General Manager
- Jan -21 - Webcast Alert: Olympic Steel to Announce Fourth-Quarter 2024 Financial Results After Market Closes on February 20, 2025
- Jan -21 - CSE Bulletin: Notice of Distribution - Zeus North America Mining Corp. (ZEUS)
- Nov -20 - Zeus North America Mining Corp.: Invitation to Deutsche Goldmesse
- Nov -11 - Olympic Steel Acquires Metal Works
- Nov -01 - Olympic Steel, Inc. (ZEUS) Q3 2024 Earnings Call Transcript
- Oct -31 - Olympic Steel Reports Third-Quarter 2024 Results
- Oct -21 - iRhythm Technologies Receives FDA 510(k) Clearance for Design Updates Previously Made to Its Zio® AT Device
- Oct -08 - Olympic Steel: M&A Efforts, Cash Flow, And Capex Could Imply Significant Undervaluation
- Oct -03 - Webcast Alert: Olympic Steel to Announce Third-Quarter 2024 Financial Results After Market Closes on October 31, 2024
- Sep -26 - Copper Loves China and the Fed. 6 Sleeper Stocks to Play Catch-Up.
- Sep -25 - NANO Nuclear Energy Granted U.S. Department of Energy's GAIN Voucher Award in Collaboration with Idaho National Laboratory to Support the Novel ‘ZEUS' Microreactor Heat Exchanger Design
- Sep -09 - Zeus North America Mining Corp. Announces Closing of Previously Announced Private Placement
- Sep -05 - Zeus North America Mining Corp. Announces Upsize to Previously Announced Private Placement
- Aug -27 - Zeus North America Mining Corp. Announces Spin Out of the Chlore Property to Subsidiary by Plan of Arrangement
- Aug -07 - BLAQclouds, Inc. Announces Intent to Acquire ZEUS Blockchain Partners
- Aug -07 - BLAQclouds, Inc. Announces Intent to Acquire ZEUS Blockchain Partners
- Aug -02 - Olympic Steel, Inc. (ZEUS) Q2 2024 Earnings Call Transcript
- Aug -01 - Olympic Steel Reports Second-Quarter 2024 Results
- Jul -30 - Zeus North America Mining Corp. Arranges $1.0 million Private Placement
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Carbon Flat Products
Expected Growth : 4.83 %
What the company do ?
Carbon Flat Products from Olympic Steel, Inc. offer a range of flat-rolled carbon steel products, including hot-rolled, cold-rolled, and coated sheets and plates for various industrial applications.
Why we expect these perspectives ?
Olympic Steel's Carbon Flat Products segment growth of 4.83% is driven by increasing demand from the automotive and construction industries, coupled with strategic acquisitions and investments in operational efficiency. Additionally, the company's focus on value-added products and cost-saving initiatives have contributed to the segment's growth.
Segment n°2 -> Specialty Metals Flat Products
Expected Growth : 4.83 %
What the company do ?
Specialty Metals Flat Products from Olympic Steel, Inc. offers a range of high-performance metals, including stainless, aluminum, and carbon steel, for various industrial applications.
Why we expect these perspectives ?
Olympic Steel's Specialty Metals Flat Products segment growth of 4.83% is driven by increasing demand from the automotive and aerospace industries, coupled with strategic acquisitions and investments in value-added processing capabilities. Additionally, the company's focus on operational efficiency and cost reduction initiatives have contributed to the segment's growth.
Segment n°3 -> Tubular and Pipe Products
Expected Growth : 4.65 %
What the company do ?
Tubular and Pipe Products from Olympic Steel, Inc. offer a wide range of steel tubular products, including seamless and welded pipes, for various industries.
Why we expect these perspectives ?
Olympic Steel's Tubular and Pipe Products segment growth of 4.65% is driven by increasing demand from the energy sector, particularly in oil and gas exploration and production. Additionally, growth in the automotive industry and infrastructure development projects contribute to the segment's expansion. Furthermore, the company's strategic acquisitions and investments in operational efficiency also support the segment's growth.
Olympic Steel, Inc. Products
| Product Range | What is it ? |
|---|---|
| Flat Rolled Carbon Steel | A type of steel alloy used in various applications, including automotive, construction, and consumer goods. |
| Flat Rolled Stainless Steel | A corrosion-resistant steel alloy used in applications requiring high sanitation and durability. |
| Tubular and Pipe Products | Steel pipes and tubes used in oil and gas, construction, and industrial applications. |
| Plate Products | Thick steel plates used in heavy equipment, construction, and industrial applications. |
| Value-Added Products | Processed steel products, including cut-to-length, blanked, and machined parts. |
Olympic Steel, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Olympic Steel, Inc. is medium due to the availability of alternative materials and products that can replace steel in various applications.
Bargaining Power Of Customers
The bargaining power of customers for Olympic Steel, Inc. is low due to the company's strong relationships with its customers and its ability to provide customized products.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Olympic Steel, Inc. is medium due to the company's dependence on a few large suppliers for raw materials.
Threat Of New Entrants
The threat of new entrants for Olympic Steel, Inc. is low due to the high barriers to entry in the steel industry, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry for Olympic Steel, Inc. is high due to the competitive nature of the steel industry, with many established players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 26.39% |
| Debt Cost | 10.84% |
| Equity Weight | 73.61% |
| Equity Cost | 12.25% |
| WACC | 11.88% |
| Leverage | 35.84% |
Olympic Steel, Inc. : Quality Control
Olympic Steel, Inc. passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| UAN | CVR Partners, LP, together with its subsidiaries, engages in the production and sale of nitrogen fertilizer products in the United States. The company offers ammonia products for agricultural and industrial … |
| USAP | Universal Stainless & Alloy Products, Inc., together with its subsidiaries, manufactures and markets semi-finished and finished specialty steel products in the United States and internationally. Its products include stainless steel, … |
| MTUS | Metallus Inc. manufactures and sells alloy steel, and carbon and micro-alloy steel products in the United States and internationally. The company offers special bar quality (SBQ) bars, seamless mechanical tubes, … |
| ACNT | Ascent Industries Co. an industrials company, focuses on the production and distribution of industrial tubular products and specialty chemicals in the United States and internationally. It manufactures welded pipes and … |
| FRD | Friedman Industries, Incorporated engages in steel processing, pipe manufacturing and processing, and the steel and pipe distribution businesses the United States. It operates in two segments, Coil and Tubular. The … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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CVR Partners
A-Score
1-Year Total Return ->
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Ascent Industries
A-Score
1-Year Total Return ->
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Olympic Steel
A-Score
1-Year Total Return ->
4
Friedman Industries
A-Score
1-Year Total Return ->
5
Universal Stainless & Alloy Products
A-Score
1-Year Total Return ->
6
