Olympic Steel Stock Fundamentals
| ZEUS Stock | USD 54.03 1.43 2.72% |
Olympic Steel fundamentals help investors to digest information that contributes to Olympic Steel's financial success or failures. It also enables traders to predict the movement of Olympic Stock. The fundamental analysis module provides a way to measure Olympic Steel's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Olympic Steel stock.
At this time, Olympic Steel's Interest Expense is comparatively stable compared to the past year. Operating Income is likely to gain to about 81.6 M in 2024, whereas Total Revenue is likely to drop slightly above 1.2 B in 2024. Olympic | Select Account or Indicator |
Olympic Steel Company Shares Outstanding Analysis
Olympic Steel's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Olympic Steel Shares Outstanding | 11.13 M |
Most of Olympic Steel's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Olympic Steel is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Olympic Shares Outstanding Historical Pattern
Today, most investors in Olympic Steel Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Olympic Steel's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Olympic Steel shares outstanding as a starting point in their analysis.
Olympic Steel Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Olympic Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Olympic Steel has 11.13 M of shares currently outstending. This is 98.19% lower than that of the Metals & Mining sector and 95.43% lower than that of the Materials industry. The shares outstanding for all United States stocks is 98.05% higher than that of the company.
Olympic Steel Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Olympic Steel's current stock value. Our valuation model uses many indicators to compare Olympic Steel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Olympic Steel competition to find correlations between indicators driving Olympic Steel's intrinsic value. More Info.Olympic Steel is rated fifth in return on equity category among related companies. It is rated fifth in return on asset category among related companies reporting about 0.61 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Olympic Steel is roughly 1.64 . At this time, Olympic Steel's Return On Equity is comparatively stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Olympic Steel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Olympic Steel's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Olympic Steel's earnings, one of the primary drivers of an investment's value.Olympic Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Olympic Steel's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Olympic Steel could also be used in its relative valuation, which is a method of valuing Olympic Steel by comparing valuation metrics of similar companies.Olympic Steel is currently under evaluation in shares outstanding category among related companies.
Olympic Fundamentals
| Return On Equity | 0.0797 | ||||
| Return On Asset | 0.0487 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 808.5 M | ||||
| Shares Outstanding | 11.13 M | ||||
| Shares Owned By Insiders | 12.03 % | ||||
| Shares Owned By Institutions | 88.98 % | ||||
| Number Of Shares Shorted | 310.4 K | ||||
| Price To Earning | 1.85 X | ||||
| Price To Book | 1.37 X | ||||
| Price To Sales | 0.35 X | ||||
| Revenue | 2.16 B | ||||
| Gross Profit | 486.06 M | ||||
| EBITDA | 104.85 M | ||||
| Net Income | 44.53 M | ||||
| Cash And Equivalents | 8.45 M | ||||
| Cash Per Share | 0.76 X | ||||
| Total Debt | 228.47 M | ||||
| Debt To Equity | 0.64 % | ||||
| Current Ratio | 3.49 X | ||||
| Book Value Per Share | 50.57 X | ||||
| Cash Flow From Operations | 173.58 M | ||||
| Short Ratio | 3.57 X | ||||
| Earnings Per Share | 3.75 X | ||||
| Price To Earnings To Growth | 0.46 X | ||||
| Target Price | 73.0 | ||||
| Number Of Employees | 2.16 K | ||||
| Beta | 1.67 | ||||
| Market Capitalization | 588.47 M | ||||
| Total Asset | 1.01 B | ||||
| Retained Earnings | 418.9 M | ||||
| Working Capital | 422.93 M | ||||
| Current Asset | 308.95 M | ||||
| Current Liabilities | 77.06 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 0.52 % | ||||
| Net Asset | 1.01 B | ||||
| Last Dividend Paid | 0.53 |
About Olympic Steel Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Olympic Steel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Olympic Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Olympic Steel based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 8.8 M | 10.6 M | |
| Total Revenue | 2.2 B | 1.2 B | |
| Cost Of Revenue | 1.7 B | 935.3 M | |
| Stock Based Compensation To Revenue | 0.0008 | 0 | |
| Sales General And Administrative To Revenue | 0.06 | 0.12 | |
| Research And Ddevelopement To Revenue | 0.00 | 0.00 | |
| Capex To Revenue | (0.01) | (0.01) | |
| Revenue Per Share | 186.48 | 195.81 | |
| Ebit Per Revenue | 0.04 | 0.02 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Olympic Steel in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Olympic Steel's short interest history, or implied volatility extrapolated from Olympic Steel options trading.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Olympic Steel is a strong investment it is important to analyze Olympic Steel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Olympic Steel's future performance. For an informed investment choice regarding Olympic Stock, refer to the following important reports:Check out Olympic Steel Piotroski F Score and Olympic Steel Altman Z Score analysis. For more information on how to buy Olympic Stock please use our How to Invest in Olympic Steel guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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When running Olympic Steel's price analysis, check to measure Olympic Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Olympic Steel is operating at the current time. Most of Olympic Steel's value examination focuses on studying past and present price action to predict the probability of Olympic Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Olympic Steel's price. Additionally, you may evaluate how the addition of Olympic Steel to your portfolios can decrease your overall portfolio volatility.
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Is Olympic Steel's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Olympic Steel. If investors know Olympic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Olympic Steel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.12) | Dividend Share 0.525 | Earnings Share 3.75 | Revenue Per Share 182.104 | Quarterly Revenue Growth (0.08) |
The market value of Olympic Steel is measured differently than its book value, which is the value of Olympic that is recorded on the company's balance sheet. Investors also form their own opinion of Olympic Steel's value that differs from its market value or its book value, called intrinsic value, which is Olympic Steel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Olympic Steel's market value can be influenced by many factors that don't directly affect Olympic Steel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Olympic Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Olympic Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olympic Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.