Worthington Industries Intrinsic Stock Value – Worthington Industries Defies Market Dip, Gains Ground
December 22, 2023
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Understanding the Impact of Worthington Industries ($NYSE:WOR)’ Performance in a Sliding Market: An Overview: Worthington Industries is one of the leading manufacturers and distributors of metal products for a variety of industries. In spite of the overall market dip over the past several months, Worthington Industries has managed to defy the trend and gain ground. A very short introduction about WORTHINGTON INDUSTRIES company or stock: WORTHINGTON INDUSTRIES is an American producer and supplier of steel products, pressure cylinders, and metal framing systems.
Its products are used in a variety of industries including automotive, construction, manufacturing, agriculture, and oil and gas. WORTHINGTON INDUSTRIES’ stock is traded on the New York Stock Exchange under the symbol “WOR”.
Stock Price
On Friday, Worthington Industries defied the market dip to gain ground. The stock opened at $56.3, and closed at $57.3, representing a 1.6% increase from its prior closing price of $56.4. This gain was significant amidst the broader market conditions, and is a testament to the strength of the company. Worthington Industries continues to demonstrate its resilience, despite the difficult times. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Worthington Industries. More…
| Total Revenues | Net Income | Net Margin |
| 4.61k | 296.64 | 7.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Worthington Industries. More…
| Operations | Investing | Financing |
| 606.07 | -138.9 | -165.86 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Worthington Industries. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.58k | 1.66k | 36.37 |
Key Ratios Snapshot
Some of the financial key ratios for Worthington Industries are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 18.0% | 24.4% | 9.0% |
| FCF Margin | ROE | ROA |
| 10.9% | 14.6% | 7.3% |
Analysis – Worthington Industries Intrinsic Stock Value
GoodWhale conducted an analysis of WORTHINGTON INDUSTRIES‘ financials and found that the intrinsic value of its share is around $39.5, using our proprietary Valuation Line. The current market price of WORTHINGTON INDUSTRIES is $57.3, which is a 45.1% overvaluation. This implies that the stock currently carries a high degree of risk and investors should consider whether their portfolio can withstand this level of volatility. More…
Peers
Worthington Industries Inc is an American industrial company that manufactures pressure cylinders, automotive aftermarket, and engineered materials. The company was founded in 1955 and is headquartered in Columbus, Ohio. Worthington Industries operates through four segments: Pressure Cylinders, Automotive Aftermarket, Engineered Cylinders, and Cylinder Processing. The Pressure Cylinders segment offers high-pressure and low-pressure cylinders for transportation, propane, compressed natural gas, and industrial applications. The Automotive Aftermarket segment provides automotive service tools, equipment, and air compressors. The Engineered Cylinders segment offers welded steel cylinders for original equipment manufacturers and aftermarket customers. The Cylinder Processing segment provides metal processing services to the company’s cylinder manufacturing operations.
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Summary
WORTHINGTON INDUSTRIES is an American metals manufacturing company that has been seeing positive returns in the stock market despite a dip. Analysts have pointed out its strong balance sheet and low debt-to-equity ratio as key factors driving its performance. They have also noted a few areas of improvement for the company, such as pursuing higher margin businesses and improving operational efficiency. Overall, the company’s financial health and long-term outlook are attractive to investors, making it a viable option for portfolio diversification and risk mitigation.
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