Metallus Inc. (MTUS) vs Worthington Steel, Inc. (WS)

Metallus Inc. and Worthington Steel, Inc. are both Steel companies. Worthington Steel, Inc. is the larger, with a market value of $1.8B against $785.1M — 2.3× the size. Worthington Steel, Inc. trades at the lower P/E: 93.4× against 99.2×. Metallus Inc. grew revenue faster over the last twelve months: 16.1% against 11.3%. Metallus Inc. has the higher net margin (0.66% vs 0.25%) and the higher return on invested capital (0.82% vs −0.06%). Across the 19 metrics below, Metallus Inc. leads on 12 and Worthington Steel, Inc. on 7.

Valuation

Metric MTUS WS Steel median
P/E 99.16 93.41 21.10
P/S 0.64 0.52 0.70
P/B 1.13 1.51 1.39
Price to free cash flow n/m 18.69 23.71
EV/EBITDA 10.71 23.95 10.71
EV/Sales 0.56 0.58 0.85
Earnings yield 1.01% 1.07% 4.56%
Free cash flow yield (12.45%) 5.35% 0.00%

Profitability

Metric MTUS WS Steel median
Gross margin 8.20% 11.71% 13.91%
Operating margin 0.63% (0.04%) 4.77%
Net margin 0.66% 0.25% 3.40%
Free cash flow margin (7.98%) 2.81% 0.00%
Return on equity 1.17% 0.71% 2.21%
Return on assets 0.72% 0.40% 1.83%
Return on invested capital 0.82% (0.06%) 2.52%

Growth

Metric MTUS WS Steel median
Revenue growth (TTM) 16.12% 11.33% 11.33%
EPS growth (last fiscal year) (200.00%) (84.47%) —
Revenue growth, 5-year CAGR 6.87% — 6.73%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric MTUS WS Steel median
Debt to equity 0.00 0.22 0.22
Current ratio 1.75 1.46 2.58
Net debt to EBITDA (2.90) 2.15 0.10

Dividend

Metric MTUS WS Steel median
Dividend yield — — 2.48%
Payout ratio 0.00 — 0.04

Size

Metric MTUS WS Steel median
Market cap 785.05m 1.81b 1.46b

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