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Insteel Industries Inc. IIIN R2K

Industrials · Metal Fabrication · United States
https://www.insteel.com

Insteel Industries Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers prestressed concrete strand (PC strand) and welded wire reinforcement (WWR) products. Its PC strand, a seven-wire strand that is used to impart compression forces into precast concrete elements and structures providing reinforcement for bridges, parking decks, buildings, and other concrete structures. The company's WWR engineered reinforcing product is used in nonresidential and residential construction. It produces a range of WWR products, such as engineered structural mesh, an engineered made-to-order product that is used as the primary reinforcement for concrete elements or structures serving as a reinforcing solution for hot-rolled rebar; concrete pipe reinforcement, an engineered made-to-order product, which is used as the primary reinforcement in concrete pipe, box culverts, and precast manholes for drainage and sewage systems, water treatment facilities, and other related applications; and standard welded wire reinforcement, a secondary reinforcing product for crack control applications in residential and light nonresidential construction, including driveways, sidewalks, and various slab-on-grade applications. It sells its products through sales representatives to the manufacturers of concrete products, rebar fabricators, distributors, and contractors. Insteel Industries Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.

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$27.49
-18.65% 1Y

Market & Price

Market Cap
$534.22M
Current Price
$27.49
High / Low (52W)
$38.31 / $24.48
Beta
0.52

Valuation

Stock P/E
12.67
Industry PE
28.38
Forward P/E
11.90
PEG Ratio
1.29
Book Value
$18.78
Price to Book
1.46
P/S
0.77
EV/EBITDA
7.11
Dividend Yield
0.44%

Profitability & Returns

ROCE
13.58%
ROE
12.05%
ROA
7.81%
Profit Margin
6.16%
Op Margin
3.93%
EPS (Latest Qtr)
$0.27
EPS (TTM)
$2.17

Balance Sheet & Liquidity

Debt/Equity
0.83
Quick Ratio
1.39
Current Ratio
3.71
Debt
$3.04M
Total Assets
$462.65M
Current Assets
$261.95M
Working Capital
$195.94M

Ownership

Promoter Holding
5.00%
Chg in Prom Hold
-
FII / Inst Holding
84.02%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
$522.17M
Total Revenue (TTM)
$689.91M
EBITDA
$73.46M
Free Cash Flow
$-2.41M
Operating Cash Flow
$15.87M
Shares Outstanding
19.43M
Gross Margin
13.61%
Payout Ratio
5.53%

Growth (CAGR)

Revenue 5Y
-7.82%
Profit 5Y
-31.03%
Revenue (YoY)
7.50%
Earnings (YoY)
-48.50%

PROS

No notable strengths flagged.

CONS

  • Revenue declined at -7.8% CAGR over 5 years.
  • Earnings shrank at -31.0% CAGR over 5 years.
  • Trading 28.2% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 IIIN Insteel Industries Inc. R2K 27.49 12.67 $534.22M 0.44% 13.58% 12.05% -7.82% -31.03%
2 CAT Caterpillar Inc. SPX 875.87 43.66 $403.42B 0.69% 19.42% 51.33% 4.38% 9.83%
3 GE GE Aerospace SPX 323.76 40.17 $338.27B 0.58% 11.89% 45.43% 16.32% 195.89%
4 GEV GE Vernova Inc. SPXAI 968.32 28.33 $260.21B 0.21% 6.30% 75.71% 8.68% 92.84%
5 RTX RTX Corporation SPX 179.66 33.64 $241.95B 1.54% 9.41% 11.57% 9.72% 9.01%
6 UNP Union Pacific Corporation SPX 262.64 21.60 $155.93B 2.10% 16.19% 40.69% -0.49% 0.66%
7 ETN Eaton Corporation plc SPXAI 400.60 39.20 $155.55B 1.10% 16.23% 20.84% 9.77% 18.41%
8 HON Honeywell International Inc. NDXSPX 237.86 38.00 $150.72B 2.00% 13.57% 24.26% 1.82% -1.62%
9 DE Deere & Company SPX 542.18 30.67 $146.45B 1.20% 12.82% 18.35% -4.50% -11.00%
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Quarterly Results

Figures in USD.

Metric Dec 2013Mar 2014Jun 2014Sep 2014Dec 2014Mar 2015Jun 2015Jan 2016Apr 2016Jul 2016Dec 2016Apr 2017Jul 2017Dec 2017Mar 2018Jun 2018Dec 2018Mar 2019Jun 2019Dec 2019Mar 2020Jun 2020Jan 2021Apr 2021Jul 2021Jan 2022Apr 2022Jul 2022Dec 2022Apr 2023Jul 2023Dec 2023Mar 2024Jun 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue ---------------126.69M104.11M111.95M126.25M97.57M114.86M121.96M119.61M139.00M160.74M178.46M213.21M227.17M166.90M159.05M165.71M121.72M127.39M145.78M129.72M160.66M179.89M177.44M159.92M172.65M
Cost of Revenue -----------------------------------136.13M149.11M148.84M141.86M156.16M
Gross Profit 9.05M11.61M14.26M13.85M12.04M8.70M15.69M16.42M18.61M27.55M13.01M18.29M16.68M11.66M15.42M24.19M10.98M7.02M8.24M6.24M15.28M14.80M19.85M30.23M31.55M42.36M57.07M58.08M17.79M13.26M20.37M6.27M15.71M15.39M9.53M24.53M30.77M28.61M18.06M16.49M
Operating Expenses -----------------------------------10.80M10.61M9.71M8.76M9.71M
Operating Income -----------------------------------13.73M20.16M18.90M9.30M6.78M
EBITDA -----------------------------------17.94M24.48M23.93M14.18M11.23M
Interest Expense -----------------------------------13.00K14.00K12.00K13.00K23.00K
Pretax Income -----------------------------------13.32M19.77M19.25M9.62M6.80M
Tax Provision -----------------------------------3.10M4.61M4.70M2.02M1.58M
Net Income 2.75M3.52M5.80M4.58M4.15M2.54M5.39M6.71M7.15M13.53M4.46M7.42M6.87M8.11M5.88M12.87M4.13M1.05M2.19M555.00K4.36M6.66M8.14M14.92M18.39M23.13M39.02M38.56M11.12M5.10M10.56M1.13M6.94M6.57M1.08M10.23M15.16M14.55M7.59M5.22M
Diluted EPS 0.150.190.310.240.220.140.290.360.380.710.230.390.360.420.310.670.210.050.110.030.230.340.420.760.941.181.991.960.570.260.540.060.350.340.060.520.780.740.390.27

Profit & Loss (Annual)

Figures in USD.

Metric Oct 2009Oct 2010Oct 2011Sep 2012Sep 2013Sep 2014Oct 2015Oct 2016Sep 2017Sep 2018Sep 2019Oct 2020Oct 2021Sep 2022Oct 2022Sep 2023Sep 2024Sep 2025
Revenue --------388.87M453.22M455.71M472.62M590.60M826.83M826.83M649.19M529.20M647.71M
Cost of Revenue -------------629.52M-583.79M479.57M554.27M
Gross Profit -15.09M17.99M31.74M22.46M39.23M48.77M58.33M85.19M59.78M70.81M30.06M55.79M121.55M197.31M197.31M65.40M49.63M93.44M
Operating Expenses -------------36.05M-30.68M29.59M39.00M
Operating Income -------------161.26M-34.71M20.04M54.44M
EBITDA -------------176.30M-55.15M40.79M72.25M
Interest Expense -------------91.00K-87.00K89.00K52.00K
Pretax Income -------------161.73M-41.76M25.29M53.80M
Tax Provision -------------36.72M-9.34M5.98M12.79M
Net Income -22.09M473.00K-387.00K1.81M11.73M16.64M21.71M37.24M22.55M36.27M5.60M19.01M66.61M125.01M125.01M32.41M19.30M41.02M
Diluted EPS -1.270.03-0.020.100.640.891.151.951.171.880.290.983.416.376.371.660.992.10

Compounded Sales Growth

5 Years:-7.82%
1 Year:7.50%

Compounded Profit Growth

5 Years:-31.03%
1 Year:-48.50%

Stock Price Performance

1 Year:-18.65%
6 Months:-10.00%
3 Months:-26.19%
1 Month:+7.17%

Balance Sheet (Annual)

Figures in USD.

Metric Sep 2008Oct 2008Sep 2009Oct 2009Oct 2010Oct 2011Sep 2012Sep 2013Sep 2014Oct 2015Oct 2016Sep 2017Sep 2018Sep 2019Oct 2020Sep 2021Oct 2021Sep 2022Oct 2022Sep 2023Sep 2024Sep 2025
Total Assets ----182.50M216.53M208.55M212.65M256.80M260.24M292.89M283.07M329.53M293.01M337.90M-390.71M471.75M471.75M447.51M422.55M462.65M
Current Assets -----------------335.33M-298.85M267.29M261.95M
Cash & Equivalents -26.49M35.10M35.10M45.94M10.00K10.00K15.44M3.05M33.26M58.87M32.10M43.94M38.18M68.69M-89.88M48.32M48.32M125.67M111.54M38.63M
Inventory -----------------197.65M-103.31M88.84M137.78M
Receivables -----------------81.65M-63.42M58.31M78.72M
Total Liabilities -----------------82.00M-66.01M71.70M91.12M
Current Liabilities ----26.83M46.66M36.00M37.41M63.19M45.83M53.78M42.32M71.99M28.41M53.68M-68.85M62.60M62.60M46.16M47.03M66.01M
Long Term Debt -----13.48M11.47M---------------
Total Debt -----------------1.57M-1.94M1.69M3.90M
Total Equity 169.85M--147.07M147.88M148.47M149.50M161.06M178.88M200.22M224.57M223.38M241.66M246.02M264.80M-302.04M389.74M389.74M381.50M350.86M371.53M
Shares Outstanding -----------------19.48M-19.45M19.45M19.42M

Cash Flows (Annual)

Figures in USD.

Metric Oct 2009Oct 2010Oct 2011Sep 2012Sep 2013Sep 2014Oct 2015Oct 2016Sep 2017Sep 2018Sep 2019Oct 2020Sep 2021Oct 2021Sep 2022Oct 2022Sep 2023Sep 2024Sep 2025
Operating Cash Flow 22.12M12.88M-2.91M13.14M36.83M29.23M35.77M56.25M20.84M53.97M6.61M56.22M-69.88M5.67M5.67M142.20M58.21M27.16M
Investing Cash Flow -2.17M420.00K-41.39M-8.19M-6.29M-40.38M-3.04M-12.97M-20.88M-21.94M-9.56M-23.17M--17.80M-6.04M-6.04M-20.90M-19.64M-75.67M
Financing Cash Flow -11.35M-2.47M-1.63M-4.95M-15.10M-1.25M-2.53M-17.67M-26.73M-20.19M-2.81M-2.54M--30.88M-41.20M-41.20M-43.95M-52.70M-24.40M
Capital Expenditure ---------------15.90M--30.70M-19.15M-8.21M
Free Cash Flow ---------------10.23M-111.50M39.06M18.95M
Net Change in Cash ---------------41.57M-77.35M-14.13M-72.91M
Share Buybacks -----------0-0-1.20M2.33M1.84M2.27M

Ratios (Annual)

Figures in %.

Metric Oct 2009Oct 2010Oct 2011Sep 2012Sep 2013Sep 2014Oct 2015Oct 2016Sep 2017Sep 2018Sep 2019Oct 2020Oct 2021Sep 2022Oct 2022Sep 2023Sep 2024Sep 2025
Gross Margin % --------15.4%15.6%6.6%11.8%20.6%23.9%23.9%10.1%9.4%14.4%
Operating Margin % -------------19.5%-5.3%3.8%8.4%
Net Margin % --------5.8%8.0%1.2%4.0%11.3%15.1%15.1%5.0%3.6%6.3%
ROE % -15.0%0.3%-0.3%1.2%7.3%9.3%10.8%16.6%10.1%15.0%2.3%7.2%22.1%32.1%32.1%8.5%5.5%11.0%
ROCE % -------------39.4%-8.6%5.3%13.7%

Shareholding Pattern

Insiders
5.00%
Institutions
84.02%
Public Float
88.45%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 14.66% 2.85M $78.31M
2 Mirae Asset Global ETFs Holdings Ltd. 5.69% 1.11M $30.38M
3 Dimensional Fund Advisors LP 5.60% 1.09M $29.90M
4 Vanguard Capital Management LLC 4.20% 815.82K $22.43M
5 State Street Corporation 3.73% 725.49K $19.94M
6 Geode Capital Management, LLC 2.55% 496.24K $13.64M
7 Vanguard Portfolio Management LLC 2.23% 432.98K $11.90M
8 First Eagle Investment Management, LLC 1.96% 380.95K $10.47M
9 Charles Schwab Investment Management, Inc. 1.80% 350.02K $9.62M
10 Bruce & Co, Inc. 1.77% 343.42K $9.44M

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