ZEUS - Olympic Steel Inc Stock Price, Fair Value and News

67.71USD-1.22 (-1.77%)Market Closed

Market Summary

USD67.71-1.22

Market Closed

-1.77%

ZEUS Stock Price

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ZEUS RSI Chart

ZEUS Valuation

Market Cap

753.8M

Price/Earnings (Trailing)

16.93

Price/Sales (Trailing)

0.35

EV/EBITDA

7.22

Price/Free Cashflow

4.9

ZEUS Price/Sales (Trailing)

ZEUS Profitability

EBT Margin

2.85%

Return on Equity

8.02%

Return on Assets

4.52%

Free Cashflow Yield

20.41%

ZEUS Fundamentals

ZEUS Revenue

Revenue (TTM)

2.2B

Rev. Growth (Yr)

-5.89%

Rev. Growth (Qtr)

-7.03%

ZEUS Earnings

Earnings (TTM)

44.5M

Earnings Growth (Yr)

87.12%

Earnings Growth (Qtr)

-39.43%

Breaking Down ZEUS Revenue

Last 7 days

-0.3%

Last 30 days

-1.4%

Last 90 days

0.1%

Trailing 12 Months

35.9%

How does ZEUS drawdown profile look like?

ZEUS Financial Health

Current Ratio

3.35

Debt/Equity

0.26

Debt/Cashflow

1.2

ZEUS Investor Care

Dividend Yield

0.74%

Dividend/Share (TTM)

0.5

Shares Dilution (1Y)

0.02%

Diluted EPS (TTM)

3.85

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	2.4B	2.3B	2.2B	2.2B
2022	2.5B	2.7B	2.7B	2.6B
2021	1.3B	1.7B	2.0B	2.3B
2020	1.5B	1.3B	1.2B	1.2B
2019	1.8B	1.8B	1.7B	1.6B
2018	1.4B	1.5B	1.6B	1.7B
2017	1.1B	1.2B	1.3B	1.3B
2016	1.1B	1.0B	1.0B	1.1B
2015	1.4B	1.4B	1.3B	1.2B
2014	1.3B	1.3B	1.4B	1.4B
2013	1.3B	1.3B	1.3B	1.3B
2012	1.3B	1.4B	1.4B	1.4B
2011	931.5M	1.0B	1.2B	1.3B
2010	0	617.3M	711.2M	805.0M
2009	0	0	0	523.4M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Olympic Steel Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 12, 2024	rippey michael g	acquired	-	-	1,675	-
Mar 12, 2024	whiting vanessa	acquired	-	-	1,675	-
Mar 12, 2024	stovsky richard p	acquired	-	-	1,675	-
Mar 12, 2024	anton arthur f	acquired	-	-	1,675	-
Mar 12, 2024	kempthorne dirk a	acquired	-	-	1,675	-
Mar 12, 2024	kesner idalene fay	acquired	-	-	1,675	-
Mar 05, 2024	siegal michael d	gifted	-	-	-20,000	executive chairman of board
Mar 04, 2024	wolfort david a	gifted	-	-	-5,000	-
Jan 18, 2024	siegal michael d	gifted	-	-	-15,000	executive chairman of board
Aug 14, 2023	wolfort david a	gifted	-	-	-6,000	-

Which funds bought or sold ZEUS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	FIFTH THIRD BANCORP	unchanged	-	347	5,883	-%
Apr 23, 2024	WEDGE CAPITAL MANAGEMENT L L P/NC	added	29.54	209,005	764,016	0.01%
Apr 23, 2024	AMALGAMATED BANK	reduced	-14.45	-23,000	224,000	-%
Apr 23, 2024	Louisiana State Employees Retirement System	unchanged	-	20,482	347,312	0.01%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	52,859	336,101	-%
Apr 19, 2024	DENALI ADVISORS LLC	reduced	-58.21	-248,426	198,464	0.06%
Apr 19, 2024	Maryland State Retirement & Pension System	unchanged	-	6,497	247,217	-%
Apr 19, 2024	State of Alaska, Department of Revenue	reduced	-0.98	21,000	423,000	-%
Apr 18, 2024	FARMERS & MERCHANTS INVESTMENTS INC	unchanged	-	25.00	425	-%
Apr 18, 2024	Diversified Trust Co	sold off	-100	-230,448	-	-%

Are Funds Buying or Selling ZEUS?

Are funds buying ZEUS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ZEUS

No. of Funds

Unveiling Olympic Steel Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	6.01%	669,270	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	8.4%	931,698	SC 13G/A
Feb 01, 2024	invesco ltd.	2.8%	313,247	SC 13G/A
Jan 24, 2024	state street corp	5.54%	617,118	SC 13G
Jan 19, 2024	blackrock inc.	18.9%	2,099,906	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	8.1%	901,102	SC 13G/A
Feb 09, 2023	vanguard group inc	5.97%	664,296	SC 13G/A
Feb 02, 2023	invesco ltd.	5.8%	650,827	SC 13G/A
Jan 23, 2023	blackrock inc.	19.0%	2,118,996	SC 13G/A
Feb 14, 2022	invesco ltd.	6.4%	703,442	SC 13G

Recent SEC filings of Olympic Steel Inc

View All Filings

Date Filed	Form Type	Document
Apr 01, 2024	ARS	ARS
Mar 29, 2024	DEF 14A	DEF 14A
Mar 14, 2024	4	Insider Trading
Mar 14, 2024	4	Insider Trading
Mar 14, 2024	4	Insider Trading
Mar 14, 2024	4	Insider Trading
Mar 14, 2024	4	Insider Trading
Mar 14, 2024	4	Insider Trading
Mar 06, 2024	4	Insider Trading
Mar 06, 2024	4	Insider Trading

Peers (Alternatives to Olympic Steel Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
SCCO	84.4B	9.9B	5.14%	44.50%	34.68	8.53	-1.51%	-8.06%
FCX	69.2B	22.9B	6.35%	27.76%	18.44	3.03	0.33%	-16.25%
NEM	44.5B	11.8B	13.83%	-19.90%	-17.84	3.77	-0.86%	-481.35%
NUE	41.6B	34.7B	-11.64%	16.74%	9.19	1.2	-16.38%	-40.52%
RS	18.0B	14.8B	-5.53%	30.12%	13.42	1.21	-13.03%	-27.33%
CLF	9.1B	22.0B	-14.60%	19.91%	20.27	0.41	-4.32%	-67.30%
MID-CAP
AA	6.5B	10.6B	13.18%	0.87%	-9.8	0.61	-15.26%	-3472.97%
CMC	6.2B	8.4B	-7.95%	16.05%	9.14	0.74	-8.32%	-10.17%
HL	3.3B	720.2M	23.00%	-15.39%	-38.89	4.55	0.18%	-125.49%
MTRN	2.4B	1.7B	-11.41%	10.00%	25.59	1.47	-5.23%	11.29%
SMALL-CAP
CDE	1.7B	821.2M	32.07%	23.77%	-16.89	2.13	4.53%	-32.65%
CENX	1.6B	2.2B	25.29%	113.64%	-37.4	0.74	-21.31%	-205.67%
CMP	527.5M	1.2B	-12.23%	-59.60%	-9.03	0.44	-5.61%	-206.82%
AUMN	8.5M	12.0M	93.33%	-89.45%	-0.92	0.7	-48.46%	6.84%
GLG	989.3K	134.6M	-	-94.16%	-1.37	0.01	-14.16%	-115.91%

Olympic Steel Inc News

Latest updates

Olympic Steel Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-7.0%	489	526	569	573	520	634	709	696	625	668	556	463	332	300	248	354	320	384	429	446	430
Costs and Expenses	-5.8%	476	506	543	555	512	615	655	643	588	606	514	432	326	300	256	351	319	381	423	440	428
S&GA Expenses	15.4%	11.00	10.00	10.00	10.00	8.00	11.00	10.00	11.00	11.00	12.00	10.00	8.00	7.00	6.00	6.00	7.00	7.00	7.00	7.00	7.00	7.00
EBITDA Margin	11.0%	0.05*	0.04*	0.04*	0.05*	0.06*	0.07*	0.08*	0.08*	0.08*	0.08*	0.06*	0.04*	-	-	-	-	-	-	-	-	-
Interest Expenses	-9.0%	3.00	4.00	4.00	4.00	3.00	3.00	2.00	2.00	2.00	2.00	2.00	1.00	1.00	2.00	2.00	2.00	2.00	3.00	3.00	3.00	3.00
Income Taxes	-51.8%	2.00	5.00	7.00	4.00	1.00	4.00	14.00	14.00	9.00	16.00	11.00	8.00	2.00	-0.56	-2.90	0.00	-0.38	0.00	1.00	1.00	-0.20
Earnings Before Taxes	-42.9%	10.00	17.00	22.00	13.00	5.00	16.00	52.00	51.00	34.00	60.00	40.00	30.00	4.00	-2.08	-9.40	1.00	-1.29	1.00	3.00	3.00	-1.51
EBT Margin	10.0%	0.03*	0.03*	0.02*	0.04*	0.05*	0.06*	0.07*	0.07*	0.07*	0.07*	0.04*	0.02*	-	-	-	-	-	-	-	-	-
Net Income	-39.4%	7.00	12.00	15.00	10.00	4.00	12.00	38.00	37.00	29.00	45.00	30.00	22.00	2.00	-1.52	-6.45	1.00	-0.89	1.00	2.00	2.00	-1.32
Net Income Margin	9.9%	0.02*	0.02*	0.02*	0.03*	0.04*	0.04*	0.06*	0.06*	0.05*	0.05*	0.03*	0.01*	-	-	-	-	-	-	-	-	-
Free Cashflow	40.3%	52.00	37.00	19.00	45.00	82.00	47.00	25.00	13.00	-22.71	-33.21	-74.60	-28.01	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-0.8%	985	993	1,014	1,027	892	1,037	1,086	1,044	1,024	1,044	888	738	1,024	619	643	678	650	699	724	799	761
Current Assets	-6.0%	603	642	661	669	658	805	855	815	789	749	660	508	402	395	415	445	420	466	490	562	563
Cash Equivalents	45.5%	13.00	9.00	15.00	18.00	12.00	10.00	8.00	8.00	10.00	15.00	12.00	8.00	6.00	5.00	7.00	5.00	6.00	8.00	6.00	5.00	9.00
Inventory	-1.5%	387	392	406	408	417	508	511	475	485	418	373	278	240	233	270	268	274	283	288	268	369
Net PPE	6.8%	186	174	175	173	148	147	147	144	147	147	152	155	157	148	151	156	157	158	159	162	160
Goodwill	520.1%	52.00	8.00	44.00	44.00	10.00	10.00	10.00	10.00	10.00	5.00	5.00	5.00	5.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00
Liabilities	-3.2%	429	443	476	502	376	524	587	581	599	573	534	415	340	320	343	372	341	390	416	490	454
Current Liabilities	-3.3%	180	186	179	188	165	231	245	220	224	229	216	173	127	97.00	94.00	110	101	118	103	130	128
Shareholder's Equity	1.1%	555	549	538	525	516	513	500	463	424	513	354	324	301	299	300	306	308	309	308	309	307
Retained Earnings	1.5%	419	413	402	388	380	377	366	329	293	268	224	195	173	171	173	180	179	180	180	178	176
Accumulated Depreciation	1.7%	297	292	288	283	281	277	273	270	266	265	282	282	277	273	268	265	260	256	252	248	244
Shares Outstanding	-3.8%	11.00	12.00	12.00	12.00	11.00	12.00	12.00	12.00	11.00	11.00	11.00	11.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	478	-	-	-	248	-	-	-	274	-	-	-	109	-	-	-	122	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	29.6%	54,160	41,803	26,756	52,440	87,553	50,613	32,804	14,883	-19,437	-31,193	-70,024	-25,720	32,999	25,141	15,497	-11,985	30,266	47,168	53,352	-1,165	12,636
Share Based Compensation	34.9%	560	415	435	407	300	335	335	327	253	258	272	262	293	286	277	359	290	256	144	1,498	181
Cashflow From Investing	-843.1%	-41,932	-4,446	-7,698	-136,767	-5,891	-3,940	-7,906	1,176	-15,264	6,356	-2,270	-2,286	-21,331	-1,235	-1,348	-4,235	-2,651	-3,191	-1,793	-13,394	-5,303
Cashflow From Financing	81.4%	-8,095	-43,436	-22,301	90,551	-79,705	-44,887	-24,461	-17,862	29,370	28,344	75,621	30,782	-11,279	-25,867	-12,328	15,762	-30,361	-41,862	-50,299	10,353	-2,281
Dividend Payments	-0.1%	1,391	1,392	1,391	1,392	1,002	1,001	1,002	1,001	221	222	222	221	222	221	222	220	220	220	219	220	220
Buy Backs	-	-	-	-	-	-	-	-	-	22.00	-	-	-	-	-	-	145	-	1.00	1,457	64.00	-

ZEUS Income Statement

2023-12-31

Consolidated Statements of Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Net sales	$ 2,158,163	$ 2,559,990	$ 2,312,253
Costs and expenses
Cost of materials sold (excludes items shown separately below)	1,684,663	2,073,930	1,802,052
Warehouse and processing	122,212	104,668	103,017
Administrative and general	122,239	114,004	104,617
Distribution	66,979	60,529	55,404
Selling	41,436	40,174	41,881
Occupancy	16,520	13,200	12,500
Depreciation	21,545	17,285	17,952
Amortization	4,898	2,453	2,364
Total costs and expenses	2,080,492	2,426,243	2,139,787
Operating income	77,671	133,747	172,466
Other loss, net	78	45	36
Income before interest and income taxes	77,593	133,702	172,430
Interest and other expense on debt	16,006	10,080	7,631
Income before income taxes	61,587	123,622	164,799
Income tax provision	17,058	32,691	43,748
Net income	44,529	90,931	121,051
Gain (loss) on cash flow hedges	(1,693)	4,409	2,960
Tax effect of hedges	423	(1,102)	(740)
Total comprehensive income	$ 43,259	$ 94,238	$ 123,271
Net income per share - basic (in dollars per share)	$ 3.85	$ 7.87	$ 10.53
Weighted average shares outstanding - basic (in shares)	11,573	11,551	11,492
Net income per share - diluted (in dollars per share)	$ 3.85	$ 7.87	$ 10.52
Weighted average shares outstanding - diluted (in shares)	11,578	11,559	11,503
Dividends declared per share of common stock (in dollars per share)	$ 0.5	$ 0.36	$ 0.08

ZEUS Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and cash equivalents	$ 13,224	$ 12,189
Accounts receivable, net	191,149	219,789
Inventories, net	386,535	416,931
Prepaid expenses and other	12,261	9,197
Total current assets	603,169	658,106
Property and equipment, at cost	483,448	429,810
Accumulated depreciation	(297,340)	(281,478)
Net property and equipment	186,108	148,332
Goodwill	52,091	10,496
Intangible assets, net	92,621	32,035
Other long-term assets	16,466	14,434
Right-of use assets, net	34,380	28,224
Total assets	984,835	891,627
Liabilities
Accounts payable	119,718	101,446
Accrued payroll	30,113	40,334
Other accrued liabilities	22,593	16,824
Current portion of lease liabilities	7,813	6,098
Total current liabilities	180,237	164,702
Credit facility revolver	190,198	165,658
Other long-term liabilities	20,151	12,619
Deferred income taxes	11,510	10,025
Lease liabilities	27,261	22,655
Total liabilities	429,357	375,659
Commitments and contingencies (Note 14)
Shareholders' Equity
Preferred stock, without par value, 5,000 shares authorized, no shares issued or outstanding	0	0
Common stock, without par value, 20,000 shares authorized; 11,133 and 11,130 issued; 11,133 and 11,130 shares outstanding	136,541	134,724
Accumulated other comprehensive income	41	1,311
Retained earnings	418,896	379,933
Total shareholders' equity	555,478	515,968
Total liabilities and shareholders' equity	$ 984,835	$ 891,627

About Olympic Steel Inc

Olympic Steel, Inc. processes, distributes, and stores 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 company offers stainless steel and aluminum coil and sheet products, angles, rounds, and flat bars; alloy, heat treated, and abrasion resistant coils, sheets and plates; coated metals, including galvanized, galvannealed, electro galvanized, advanced high strength steels, aluminized, and automotive grades of steel; commercial quality, advanced high strength steel, drawing steel, and automotive grades cold rolled steel coil and sheet products; hot rolled carbon comprising hot rolled coil, pickled and oiled sheet and plate steel products, automotive grades, advanced high strength steels, and high strength low alloys; tube, pipe, and bar products, including round, square, and rectangular mechanical and structural tubing; hydraulic and stainless tubing; boiler tubing; carbon, stainless, and aluminum pipes; valves and fittings; and tin mill products, such as electrolytic tinplate, electrolytic chromium coated steel, and black plates. The company also provides cutting-to-length, slitting, shearing, blanking, tempering, stretcher-leveling, plate and laser processing, forming and machining, tube processing, finishing, and fabrication services, as well as value-added services, such as saw cutting, laser cutting, beveling, threading, and grooving services. 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, and electrical equipment, as well as general and plate fabricators, and metals service centers through direct sales force. Olympic Steel, Inc. was founded in 1954 and is based in Highland Hills, Ohio

CEO	Mr. Richard T. Marabito
WEBSITE	olysteel.com
INDUSTRY	Metals and Mining
EMPLOYEES	2038

Olympic Steel Inc Frequently Asked Questions

What is the ticker symbol for Olympic Steel Inc? What does ZEUS stand for in stocks?

ZEUS is the stock ticker symbol of Olympic Steel Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Olympic Steel Inc (ZEUS)?

As of Wed Apr 24 2024, market cap of Olympic Steel Inc is 753.78 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ZEUS stock?

You can check ZEUS's fair value in chart for subscribers.

What is the fair value of ZEUS stock?

You can check ZEUS's fair value in chart for subscribers. The fair value of Olympic Steel Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Olympic Steel Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ZEUS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Olympic Steel Inc a good stock to buy?

The fair value guage provides a quick view whether ZEUS is over valued or under valued. Whether Olympic Steel Inc is cheap or expensive depends on the assumptions which impact Olympic Steel Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ZEUS.

What is Olympic Steel Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, ZEUS's PE ratio (Price to Earnings) is 16.93 and Price to Sales (PS) ratio is 0.35. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ZEUS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Olympic Steel Inc's stock?

In the past 10 years, Olympic Steel Inc has provided 0.105 (multiply by 100 for percentage) rate of return.