Olympic Steel Net Worth
Olympic Steel Net Worth Breakdown | ZEUS |
Olympic Steel Net Worth Analysis
Olympic Steel's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Olympic Steel's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Olympic Steel's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Olympic Steel's net worth analysis. One common approach is to calculate Olympic Steel's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Olympic Steel's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Olympic Steel's net worth. This approach calculates the present value of Olympic Steel's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Olympic Steel's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Olympic Steel's net worth. This involves comparing Olympic Steel's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Olympic Steel's net worth relative to its peers.
To determine if Olympic Steel is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Olympic Steel's net worth research are outlined below:
| Olympic Steel is unlikely to experience financial distress in the next 2 years | |
| Olympic Steel has a strong financial position based on the latest SEC filings | |
| Over 80.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from bizjournals.com: Olympic Steel buys Georgia metal former MetalWorks |
Olympic Steel Quarterly Good Will |
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Olympic Steel uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Olympic Steel. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Olympic Steel's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know Olympic Steel's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Olympic Steel is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Olympic Steel backward and forwards among themselves. Olympic Steel's institutional investor refers to the entity that pools money to purchase Olympic Steel's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bridgeway Capital Management, Llc | 2024-09-30 | 182.9 K | Jb Capital Partners Lp | 2024-09-30 | 182.5 K | Bank Of New York Mellon Corp | 2024-06-30 | 141.8 K | Jacobs Levy Equity Management, Inc. | 2024-09-30 | 122.8 K | Aqr Capital Management Llc | 2024-06-30 | 121.9 K | Cubist Systematic Strategies, Llc | 2024-09-30 | 105.8 K | Northern Trust Corp | 2024-09-30 | 100.5 K | Charles Schwab Investment Management Inc | 2024-09-30 | 95.5 K | Jpmorgan Chase & Co | 2024-06-30 | 90.9 K | Blackrock Inc | 2024-06-30 | 2.1 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 852.2 K |
Follow Olympic Steel's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 452.54 M.Market Cap |
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Project Olympic Steel's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.05 | 0.06 | |
| Return On Capital Employed | 0.10 | 0.08 | |
| Return On Assets | 0.05 | 0.05 | |
| Return On Equity | 0.08 | 0.08 |
When accessing Olympic Steel's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Olympic Steel's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Olympic Steel's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Olympic Steel's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Olympic Steel. Check Olympic Steel's Beneish M Score to see the likelihood of Olympic Steel's management manipulating its earnings.
Evaluate Olympic Steel's management efficiency
Olympic Steel has return on total asset (ROA) of 0.0347 % which means that it generated a profit of $0.0347 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0473 %, meaning that it created $0.0473 on every $100 dollars invested by stockholders. Olympic Steel's management efficiency ratios could be used to measure how well Olympic Steel manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Olympic Steel's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.05 in 2024, whereas Return On Capital Employed is likely to drop 0.08 in 2024. At this time, Olympic Steel's Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 17.3 M in 2024, whereas Other Current Assets are likely to drop slightly above 7.8 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 48.00 | 50.40 | |
| Tangible Book Value Per Share | 35.49 | 37.27 | |
| Enterprise Value Over EBITDA | 9.25 | 6.43 | |
| Price Book Value Ratio | 1.39 | 0.95 | |
| Enterprise Value Multiple | 9.25 | 6.43 | |
| Price Fair Value | 1.39 | 0.95 | |
| Enterprise Value | 155.7 M | 138.4 M |
Olympic Steel benefits from a management team that prioritizes both innovation and efficiency. We analyze these priorities to gauge the stock's future performance.
Enterprise Value Revenue 0.3403 | Revenue 2 B | Quarterly Revenue Growth (0.11) | Revenue Per Share 172.703 | Return On Equity 0.0473 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Olympic Steel insiders, such as employees or executives, is commonly permitted as long as it does not rely on Olympic Steel's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Olympic Steel insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Kempthorne Dirk A over three months ago Acquisition by Kempthorne Dirk A of 1628 shares of Olympic Steel subject to Rule 16b-3 | ||
Rippey Michael G over six months ago Acquisition by Rippey Michael G of 3434 shares of Olympic Steel subject to Rule 16b-3 | ||
David Wolfort over six months ago Disposition of 3000 shares by David Wolfort of Olympic Steel at 35.81 subject to Rule 16b-3 | ||
David Wolfort over six months ago Disposition of 189 shares by David Wolfort of Olympic Steel at 26.75 subject to Rule 16b-3 | ||
Arthur Anton over six months ago Acquisition by Arthur Anton of 1675 shares of Olympic Steel subject to Rule 16b-3 | ||
David Wolfort over six months ago Disposition of 5000 shares by David Wolfort of Olympic Steel subject to Rule 16b-3 | ||
David Wolfort over a year ago Bona fide gift to David Wolfort of 6000 shares of Olympic Steel subject to Section 16 | ||
David Wolfort over a year ago Sale by David Wolfort of 4250 shares of Olympic Steel |
Olympic Steel Corporate Filings
10Q | 1st of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 31st of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 18th of October 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 1st of April 2024 Other Reports | ViewVerify |
Olympic Steel Earnings per Share Projection vs Actual
Olympic Steel Corporate Management
| Lisa Christen | Treasurer Controller | Profile | |
| Ken Sloan | VP HR | Profile | |
| Michelle SPHR | Vice Marketing | Profile | |
| Richard CPA | Chief Officer | Profile |
Already Invested in Olympic Steel?
The danger of trading Olympic Steel is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Olympic Steel is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Olympic Steel. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Olympic Steel is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Tools for Olympic Stock Analysis
When running Olympic Steel's price analysis, check to measure Olympic Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Olympic Steel is operating at the current time. Most of Olympic Steel's value examination focuses on studying past and present price action to predict the probability of Olympic Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Olympic Steel's price. Additionally, you may evaluate how the addition of Olympic Steel to your portfolios can decrease your overall portfolio volatility.