Ryerson Holding Corporation

Ryerson Holding Corporation

RYIยทNYSE

$23.17

-1.1%
IndustrialsManufacturing - Metal Fabrication

Ryerson Holding Corporation, together with its subsidiaries, processes and distributes industrial metals in the United States, Canada, Mexico, and China. It offers a line of products in carbon steel, stainless steel, alloy steels, and aluminum, as well as nickel and red metals in various shapes and forms, including coils, sheets, rounds, hexagons, square and flat bars, plates, structural, and tubing. The company also provides various processing services, such as bending, beveling, blanking, blasting, burning, cutting-to-length, drilling, embossing, flattening, forming, grinding, laser cutting, machining, notching, painting, perforating, polishing, punching, rolling, sawing, scribing, shearing, slitting, stamping, tapping, threading, welding, or other techniques to process materials. It serves various industries, including commercial ground transportation, metal fabrication and machine shops, industrial machinery and equipment manufacturing, consumer durable equipment, HVAC manufacturing, construction equipment manufacturing, food processing and agricultural equipment manufacturing, and oil and gas. The company was founded in 1842 and is headquartered in Chicago, Illinois.

At a Glance

Live Snapshot
Market Cap$746.35M
EPS32.1000
P/E Ratio0.72
Earnings Date04/28/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is compressed (P/E 0.7).

Valuation inputs: P/E 0.7, earnings yield +138.9%, momentum -1.1%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE 0.0%, ROIC 0.0%).

Profitability stack: net margin -1.2%, ROE 0.0%, ROIC 0.0%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +66.2%, momentum -1.1%, net margin -1.2%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Ryerson Holding Corporation Market vs Earnings Trajectory

RYI ยท NYSE

Loading price and EPS data...

Ryerson Holding Corporation

Ryerson Holding Corporation Fair Value Envelope

RYI ยท NYSE

Our analysis suggests that RYI has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $23.17, this represents a potential HIDDEN relative to our calculated worth for Ryerson Holding Corporation.

Intrinsic Value
Current Price: $23.17
3Y+208.0%
5Y-1966.0%
10Y+5736.0%
3Y-28.0%
5Y+32.0%
10Y+60.0%
3Y-114.0%
5Y-14.0%
10Y-402.0%
3Y+485.0%
5Y+6.0%
10Y-21.0%
3Y-533.0%
5Y-29.0%
10Y-56.0%
3Y+3.0%
5Y+21.0%
10Y+57.0%
Ryerson Holding Corporation

Ryerson Holding Corporation Profit Bridge

RYI ยท NYSE
Revenue4.57B
Cost of Goods Sold (3.79B)
Gross Profit782.20M
Operating Expenses (809.60M)
Operating Income-30.80M
Interest Expense (-38.90M)
Other Income/Expense-40.40M
Pretax Income-71.20M
Income Tax (-16.10M)
Net Income-56.40M
Net Income
-56.40M

Profitability Analysis

Gross Margin

17.1%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

-0.7%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-1.2%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

17.11%
Gross Profit Margin
-6%
3Y-17.0%
5Y-4.0%
10Y-14.0%
-0.67%
Operating Profit Margin
-198%
3Y-107.0%
5Y-136.0%
10Y-114.0%
-1.23%
Net Profit Margin
560%
3Y-120.0%
5Y-35.0%
10Y-289.0%
0.00%
Return on Equity
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
0.00%
Return on Assets
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
0.00%
Return on Invested Capital
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
RYI

Ryerson Holding Corporation Cash Conversion Engine

RYI ยท NYSE
Net Income-7.30M
Depreciation & Amortization77.60M
Stock-Based Compensation11.60M
Change in Working Capital120.40M
Others12.40M
Capital Expenditures-99.60M
Free Cash Flow105.30M

Cash Flow Quality Analysis

FCF Conversion Rate

-1442.5%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

48.6%

Capital-intensive operations require significant reinvestment. Monitor whether CapEx is maintenance or growth-oriented.

FCF Growth Trend

-56.7%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$120.40M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

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Ryerson Holding Corporation Funding & Solvency Profile

RYI ยท NYSE
Cash & Cash Equivalents26.90M
Net Receivables0.00
Inventory648.30M
Other Current Assets547.60M
Total Current Assets1 B
Property, Plant & Equipment1.50B
Goodwill & Intangible Assets219.70M
Long-Term Investments0.00
Other Non-Current Assets-541.50M
Total Non-Current Assets962 M
Total Assets
2.40B

Financial Health Analysis

Current Ratio

1.83x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Debt-to-Equity Ratio

2.15x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

555 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

51% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

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Ryerson Holding Corporation Street Expectations Map

RYI ยท NYSE

Wall Street analysts project that RYI stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 31.00, with estimates ranging from a low of 31.00 to a high of 31.00.

Lowest Target
31.00
33.79%
Consensus Target
31.00
33.79%
Highest Target
31.00
33.79%

The consensus 1-year price target stands at 31.00, with estimates ranging from a low of 31.00 to a high of 31.00.

Analyst Consensus Analysis

Upside Potential

+33.8%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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Ryerson Holding Corporation Insider Positioning

RYI ยท NYSE

During the last 12 months, insiders have sold $2.35M worth of RYI shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

65.0K

1.95M

Net Activity

-2.0M

-$1.95M

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

17.5K

393.27K

Net Activity

-393K

-$393K

Top Buyers

No buying activity

Top Sellers

1
LEJ

Lehner Edward J.

Director, Officer: President & Ceo

60.0K sharesโ€ข2 transactions

$1.80M

2
SA

Sundarrajan Alagu

Officer: Chief Information Officer

15.0K sharesโ€ข1 transactions

$337K

3
CJJ

Claussen James J

Officer: Executive Vice President & Cfo

5.0K sharesโ€ข1 transactions

$149K

4
KMD

Kannan Molly D

Officer: Cao & Corporate Controller

2.5K sharesโ€ข1 transactions

$56K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $2.35M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

4 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

0.00%
Dividend Yield
-100%
3Y-100.0%
5Y-
10Y-
ย 

ryi Dividend History

RYI
10Y CAGR +9%
Latest $0.188
Annual $0.9375
5 year growth trend
Last Period: +0%