A Business at a Glance
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INSTEEL INDUSTRIES INC
IIIN
$638M
Mkt Cap
$32.68
+1.08%
INSTEEL INDUSTRIES INC (IIIN) has a current P/E ratio of 13.4, compared to its historical median P/E of 14.1. The stock is currently considered Fair based on its historical valuation range.
INSTEEL INDUSTRIES INC (IIIN) has a 5-year average return on invested capital (ROIC) of 22.2%. This indicates strong capital allocation and a potential competitive advantage.
INSTEEL INDUSTRIES INC (IIIN) has a market capitalization of $635M. It is classified as a small-cap stock.
Yes, INSTEEL INDUSTRIES INC (IIIN) pays a dividend with a trailing twelve-month yield of 3.43%. The company also returns capital through share buybacks, with a buyback yield of 0.36%.
Based on historical P/E analysis, INSTEEL INDUSTRIES INC (IIIN) appears fair. The current P/E of 13.4 is 5% below its historical median of 14.1. The estimated fair value CAGR (P/E method) is 12.6%.
INSTEEL INDUSTRIES INC (IIIN) operates in the Steel Works, Blast Furnaces & Rolling & Finishing Mills industry, within the Materials sector.
INSTEEL INDUSTRIES INC operates in the Steel Works, Blast Furnaces & Rolling & Finishing Mills industry, Materials sector. Full business description from SEC filing not yet available.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 648M | 529M | 649M | 827M | 591M |
| Net Income | 0 | 41M | 19M | 32M | 125M | 67M |
| EPS | $0.00 | $2.10 | $0.99 | $1.66 | $6.37 | $3.41 |
| Free Cash Flow | 0 | 19M | 39M | 111M | -10M | 52M |
| ROIC | - | 14.4% | 7.8% | 10.9% | 45.2% | 32.7% |
| Gross Margin | - | 14.4% | 9.4% | 10.1% | 23.9% | 20.6% |
| Debt/Equity | 0.00 | 0.25 | 0.20 | 0.17 | 0.21 | 0.29 |
| Dividends/Share | $0.00 | $1.12 | $2.62 | $2.12 | $2.12 | $1.62 |
| Operating Income | 0 | 54M | 25M | 42M | 162M | 86M |
| Operating Margin | 0.0% | 8.3% | 4.8% | 6.4% | 19.6% | 14.6% |
| ROE | 0.0% | 11.4% | 5.3% | 8.4% | 36.1% | 23.5% |
| Shares Outstanding | 19M | 20M | 20M | 20M | 20M | 20M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 409M | 448M | 419M | 389M | 453M | 456M | 473M | 591M | 827M | 649M | 529M | 648M | 0 |
| Gross Margin | 11.9% | 13.0% | 20.4% | 15.4% | 15.6% | 6.6% | 11.8% | 20.6% | 23.9% | 10.1% | 9.4% | 14.4% | N/A |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 23M | 26M | 26M | 26M | 28M | 25M | 31M | 32M | 36M | 31M | 30M | 39M | 39M |
| EBIT | 25M | 33M | 56M | 34M | 43M | 7.6M | 24M | 86M | 162M | 42M | 25M | 54M | 0 |
| Op. Margin | 6.2% | 7.4% | 13.5% | 8.8% | 9.4% | 1.7% | 5.1% | 14.6% | 19.6% | 6.4% | 4.8% | 8.3% | 0.0% |
| Net Income | 17M | 22M | 37M | 23M | 36M | 5.6M | 19M | 67M | 125M | 32M | 19M | 41M | 0 |
| Net Margin | 4.1% | 4.9% | 8.9% | 5.8% | 8.0% | 1.2% | 4.0% | 11.3% | 15.1% | 5.0% | 3.6% | 6.3% | 0.0% |
| Non-Recurring | 2.9M | 3.0M | 54K | 100K | -381K | 1.7M | 2.8M | 2.7M | 798K | 3.3M | -99K | 2.2M | 2.2M |
| Returns on Capital | |||||||||||||
| ROIC | 10.5% | 12.8% | 22.5% | 12.7% | 18.7% | 2.8% | 9.5% | 32.7% | 45.2% | 10.9% | 7.8% | 14.4% | N/A |
| ROE | 9.8% | 11.5% | 17.5% | 10.1% | 15.6% | 2.3% | 7.4% | 23.5% | 36.1% | 8.4% | 5.3% | 11.4% | 0.0% |
| ROA | 7.1% | 8.4% | 13.5% | 7.8% | 11.8% | 1.8% | 6.0% | 18.3% | 29.0% | 7.1% | 4.4% | 9.3% | 0.0% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 29M | 36M | 56M | 21M | 54M | 6.6M | 56M | 70M | 5.7M | 142M | 58M | 27M | 0 |
| Free Cash Flow | 20M | 29M | 43M | 265K | 36M | -3.9M | 49M | 52M | -10M | 111M | 39M | 19M | 0 |
| Owner Earnings | 16M | 22M | 42M | 6.9M | 39M | -9.0M | 40M | 53M | -11M | 126M | 40M | 5.3M | -22M |
| CapEx | 9.0M | 7.2M | 13M | 21M | 18M | 11M | 7.1M | 18M | 16M | 31M | 19M | 8.2M | 0 |
| Maint. CapEx | 10M | 12M | 12M | 12M | 13M | 14M | 14M | 15M | 14M | 13M | 15M | 18M | 18M |
| Growth CapEx | 0 | 0 | 1.4M | 8.9M | 5.6M | 0 | 0 | 3.0M | 1.4M | 17M | 3.7M | 0 | 0 |
| D&A | 10M | 12M | 12M | 12M | 13M | 14M | 14M | 15M | 14M | 13M | 15M | 18M | 18M |
| CapEx/OCF | 30.6% | 20.0% | 23.8% | 98.7% | 34.2% | 159.1% | 12.7% | 25.0% | 280.4% | 21.6% | 32.9% | 30.2% | 0.0% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 2.2M | 2.2M | 21M | 26M | 21M | 2.3M | 2.3M | 31M | 41M | 41M | 51M | 22M | 0 |
| Dividend Yield | 0.9% | 0.9% | 6.0% | 6.2% | 4.9% | 0.8% | 0.9% | 6.5% | 7.2% | 8.3% | 8.5% | 3.6% | N/A |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.2M | 2.3M | 1.8M | 2.3M | 2.3M |
| Buyback Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.3% | 0.5% | 0.4% | 0.4% | 0.4% |
| Stock-Based Comp | 2.7M | 2.3M | 2.4M | 2.2M | 2.1M | 2.1M | 2.0M | 2.0M | 2.4M | 2.4M | 3.1M | 3.5M | 3.5M |
| Debt Repayment | 19M | 61M | 328K | 404K | 372K | 44M | 322K | 297K | 266K | 323K | 298K | 291K | 291K |
| Balance Sheet | |||||||||||||
| Net Debt | -3.1M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 |
| Cash & Equiv. | 3.1M | 33M | 59M | 32M | 44M | 38M | 69M | 90M | 48M | 126M | 112M | 39M | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt/Equity | 0.00 | 0.30 | 0.30 | 0.27 | 0.36 | 0.19 | 0.28 | 0.29 | 0.21 | 0.17 | 0.20 | 0.25 | 0.00 |
| Interest Coverage | 101.0 | 104.0 | 357.3 | 252.2 | 374.9 | 45.4 | 229.0 | 897.9 | 1778.2 | 480.9 | 285.1 | 1035.7 | 1035.7 |
| Equity | 179M | 200M | 225M | 223M | 242M | 246M | 265M | 302M | 390M | 382M | 351M | 372M | 0 |
| Total Assets | 257M | 260M | 293M | 283M | 330M | 293M | 338M | 391M | 472M | 448M | 423M | 463M | 0 |
| Total Liabilities | 78M | 60M | 68M | 60M | 88M | 47M | 73M | 89M | 82M | 66M | 72M | 91M | 91M |
| Intangibles | 9.8M | 10M | 9.1M | 7.9M | 9.7M | 8.6M | 8.6M | 7.7M | 6.8M | 6.1M | 5.3M | 17M | 16M |
| Retained Earnings | 103M | 123M | 139M | 136M | 151M | 154M | 171M | 206M | 289M | 279M | 245M | 263M | 263M |
| Working Capital | 79M | 106M | 127M | 118M | 123M | 132M | 143M | 178M | 273M | 253M | 220M | 196M | 196M |
| Current Assets | 143M | 151M | 180M | 160M | 195M | 161M | 197M | 247M | 335M | 299M | 267M | 262M | 262M |
| Current Liabilities | 63M | 46M | 54M | 42M | 72M | 28M | 54M | 69M | 63M | 46M | 47M | 66M | 66M |
| Per Share Data | |||||||||||||
| EPS | 0.89 | 1.15 | 1.95 | 1.17 | 1.88 | 0.29 | 0.98 | 3.41 | 6.37 | 1.66 | 0.99 | 2.10 | 0.00 |
| Owner EPS | 0.87 | 1.14 | 2.21 | 0.36 | 2.03 | -0.47 | 2.06 | 2.73 | -0.57 | 6.48 | 2.04 | 0.27 | -1.13 |
| Book Value | 9.57 | 10.61 | 11.76 | 11.59 | 12.53 | 12.74 | 13.65 | 15.46 | 19.86 | 19.54 | 17.99 | 19.02 | 0.00 |
| Cash Flow/Share | 1.56 | 1.89 | 2.95 | 1.08 | 2.80 | 0.34 | 2.90 | 3.58 | 0.29 | 7.28 | 2.98 | 1.39 | 0.95 |
| Dividends/Share | 0.12 | 0.12 | 1.12 | 1.37 | 1.12 | 0.12 | 0.12 | 1.62 | 2.12 | 2.12 | 2.62 | 1.12 | 0.00 |
| Shares Out. | 18.7M | 18.9M | 19.1M | 19.3M | 19.3M | 19.3M | 19.4M | 19.5M | 19.6M | 19.5M | 19.5M | 19.5M | 19.4M |
| Valuation | |||||||||||||
| P/E Ratio | 15.9 | 11.3 | 8.8 | 16.1 | 9.8 | 48.5 | 15.0 | 9.1 | 3.4 | 14.1 | 26.1 | 14.2 | N/A |
| P/FCF | 13.0 | 8.6 | 7.6 | N/A | 10.0 | N/A | 5.8 | 11.5 | N/A | 4.1 | 12.9 | 30.8 | N/A |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Book | 1.5 | 1.2 | 1.5 | 1.6 | 1.5 | 1.1 | 1.1 | 2.0 | 1.1 | 1.2 | 1.4 | 1.6 | N/A |
| Price/Sales | 0.6 | 0.5 | 0.8 | 1.1 | 1.0 | 0.6 | 0.6 | 0.8 | 0.7 | 0.8 | 1.1 | 0.9 | N/A |
| FCF Yield | 7.7% | 11.7% | 13.1% | 0.1% | 10.0% | -1.4% | 17.2% | 8.7% | -2.4% | 24.5% | 7.7% | 3.2% | N/A |
| Market Cap | 264M | 245M | 329M | 363M | 357M | 271M | 285M | 603M | 428M | 456M | 505M | 583M | 635M |
| Avg. Price | 12.42 | 12.51 | 18.31 | 21.71 | 22.38 | 15.23 | 13.71 | 24.56 | 29.21 | 25.58 | 30.62 | 31.31 | 32.68 |
| Year-End Price | 14.14 | 12.97 | 17.24 | 18.82 | 18.50 | 14.06 | 14.69 | 30.88 | 21.81 | 23.33 | 25.87 | 29.86 | 32.68 |
INSTEEL INDUSTRIES INC passes 5 of 9 quality checks, suggesting mixed fundamentals.
INSTEEL INDUSTRIES INC trades at 13.4x trailing earnings, compared to its 15-year median P/E of 14.1x, suggesting it is currently Fair relative to its historical range. The company's 5-year average ROIC is 22.2% with a gross margin of 15.7%. Total shareholder yield (dividends + buybacks) is 3.8%. At current prices, the estimated annualized return to fair value is +9.3%.
INSTEEL INDUSTRIES INC (IIIN) reported annual revenue of $648 million in its most recent fiscal year, based on SEC EDGAR filings.
INSTEEL INDUSTRIES INC (IIIN) has a net profit margin of 6.3%. This is a modest margin.
INSTEEL INDUSTRIES INC (IIIN) generated $19 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
INSTEEL INDUSTRIES INC (IIIN) has a debt-to-equity ratio of 0.25. This indicates a conservatively financed balance sheet.
INSTEEL INDUSTRIES INC (IIIN) reported earnings per share (EPS) of $2.10 in its most recent fiscal year.
INSTEEL INDUSTRIES INC (IIIN) has a return on equity (ROE) of 11.4%. This indicates moderate shareholder returns.
INSTEEL INDUSTRIES INC (IIIN) has a 5-year average gross margin of 15.7%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 16 years of financial data for INSTEEL INDUSTRIES INC (IIIN), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
INSTEEL INDUSTRIES INC (IIIN) has a book value per share of $19.02, based on its most recent annual SEC filing.