Russel Metals Stock Fundamentals
| RUS Stock | CAD 45.77 0.19 0.41% |
Russel Metals fundamentals help investors to digest information that contributes to Russel Metals' financial success or failures. It also enables traders to predict the movement of Russel Stock. The fundamental analysis module provides a way to measure Russel Metals' 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 Russel Metals stock.
At this time, Russel Metals' Net Income is very stable compared to the past year. As of the 4th of December 2024, Net Income Applicable To Common Shares is likely to grow to about 449.1 M, while Interest Expense is likely to drop about 16.9 M. Russel | Select Account or Indicator |
Russel Metals Company Return On Equity Analysis
Russel Metals' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Russel Metals Return On Equity | 0.11 |
Most of Russel Metals' fundamental indicators, such as Return On Equity, 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, Russel Metals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Russel Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Russel Metals is extremely important. It helps to project a fair market value of Russel Stock properly, considering its historical fundamentals such as Return On Equity. Since Russel Metals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Russel Metals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Russel Metals' interrelated accounts and indicators.
Click cells to compare fundamentals
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Russel Total Stockholder Equity
Total Stockholder Equity |
|
Based on the latest financial disclosure, Russel Metals has a Return On Equity of 0.1111. This is 74.75% lower than that of the Trading Companies & Distributors sector and notably lower than that of the Industrials industry. The return on equity for all Canada stocks is 135.84% lower than that of the firm.
Russel Metals Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Russel Metals's current stock value. Our valuation model uses many indicators to compare Russel Metals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Russel Metals competition to find correlations between indicators driving Russel Metals's intrinsic value. More Info.Russel Metals is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.54 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Russel Metals is roughly 1.86 . At this time, Russel Metals' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Russel Metals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Russel Metals' 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.Russel Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Russel Metals' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Russel Metals could also be used in its relative valuation, which is a method of valuing Russel Metals by comparing valuation metrics of similar companies.Russel Metals is currently under evaluation in return on equity category among its peers.
Russel Metals Current Valuation Drivers
We derive many important indicators used in calculating different scores of Russel Metals from analyzing Russel Metals' financial statements. These drivers represent accounts that assess Russel Metals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Russel Metals' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.4B | 1.4B | 2.1B | 1.8B | 2.8B | 2.9B | |
| Enterprise Value | 2.0B | 1.8B | 2.4B | 1.9B | 2.6B | 2.7B |
Russel Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0596 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 2.73 B | ||||
| Shares Outstanding | 57.45 M | ||||
| Shares Owned By Insiders | 0.84 % | ||||
| Shares Owned By Institutions | 27.33 % | ||||
| Number Of Shares Shorted | 404.46 K | ||||
| Price To Earning | 46.36 X | ||||
| Price To Book | 1.64 X | ||||
| Price To Sales | 0.62 X | ||||
| Revenue | 4.51 B | ||||
| Gross Profit | 1.11 B | ||||
| EBITDA | 428.2 M | ||||
| Net Income | 266.7 M | ||||
| Cash And Equivalents | 275.1 M | ||||
| Cash Per Share | 1.95 X | ||||
| Total Debt | 422.5 M | ||||
| Debt To Equity | 0.60 % | ||||
| Current Ratio | 4.34 X | ||||
| Book Value Per Share | 27.93 X | ||||
| Cash Flow From Operations | 461.7 M | ||||
| Short Ratio | 2.75 X | ||||
| Earnings Per Share | 3.04 X | ||||
| Price To Earnings To Growth | (0.83) X | ||||
| Target Price | 51.33 | ||||
| Number Of Employees | 3.5 K | ||||
| Beta | 1.52 | ||||
| Market Capitalization | 2.63 B | ||||
| Total Asset | 2.57 B | ||||
| Retained Earnings | 954.6 M | ||||
| Working Capital | 1.49 B | ||||
| Current Asset | 1.22 B | ||||
| Current Liabilities | 398.2 M | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 6.87 % | ||||
| Net Asset | 2.57 B | ||||
| Last Dividend Paid | 1.64 |
About Russel Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Russel Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Russel Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Russel Metals 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 | 24.7 M | 13.3 M | |
| Total Revenue | 4.5 B | 2.8 B | |
| Cost Of Revenue | 3.5 B | 2.4 B | |
| Sales General And Administrative To Revenue | 0.09 | 0.07 | |
| Capex To Revenue | 0.02 | 0.01 | |
| Revenue Per Share | 73.22 | 36.72 | |
| Ebit Per Revenue | 0.12 | 0.13 |
Pair Trading with Russel Metals
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Russel Metals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Russel Metals will appreciate offsetting losses from the drop in the long position's value.Moving together with Russel Stock
| 0.7 | ELF | E L Financial | PairCorr |
| 0.81 | TPX-B | Molson Coors Canada | PairCorr |
| 0.86 | FFH | Fairfax Financial | PairCorr |
Moving against Russel Stock
The ability to find closely correlated positions to Russel Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Russel Metals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Russel Metals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Russel Metals to buy it.
The correlation of Russel Metals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Russel Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Russel Metals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Russel Metals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Russel Stock
Russel Metals financial ratios help investors to determine whether Russel Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Russel with respect to the benefits of owning Russel Metals security.