Insteel Industries Inc. (Insteel) manufactures steel wire reinforcing products for concrete construction applications. The company manufactures and markets prestressed concrete strand (PC strand) and welded wire reinforcement (WWR), including ESM, co…
Analysis
Middle-of-the-road
Insteel Industries Inc. sits in the middle of our grid: average quality, average price, no obvious signal in either direction. Worth noting: the cash the business generates has lagged behind what the income statement shows.
On valuation, the picture is attractive. The owner-earnings multiple stands at 10.8×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around -2% a year, against analyst forecasts of 12%. The price, in other words, assumes less than the experts do.
Growth is moderate; the safety picture is sturdy. The company scores 20/20 on our value-creation score: strong value creator.
Flags to be aware of: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202399
96
2023202420252026
All-time high
100
Jan 2026
All-time low
31
Oct 2024
Average rank
79
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
69
64
42
48
Price/Earnings
49
56
13
86
Price/Book
71
62
58
52
Dividend Yield
89
51
55
51
Value (overall)
86
82
65
69
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.