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IIIN

Insteel Industries Inc. Common Stock (IIIN) fair value

Industrials · Metal Fabrication · NYSE · United States
$27.77-8.35%
Market cap $538MNext earnings 2026-10-22Updated Oct 23, 2026
Our verdict
Trades 26% below our fair value
Price
$27.77
Model fair valueConfidence: good
$37.66
Model range
$27.45 to $48.12
Fair value $37.66
Price $27.77
4 models fit Insteel Industries Inc. Common Stock and they disagree: 0 of 4 land within 15% of the average.
Two or more of our models back this value.
Large discount(i)Bronze49
Valued as a cyclical company: P/E comparison, EV/EBITDA comparison, Discounted cash flow, and Graham number.
ACCE opinionInsteel Industries Inc. Common Stock (IIIN)
Fair value (4 models)
$37.66
ACCE price target
$31.80
Rating
Undervalued
Horizon
12 months
Fair value published on 23 Oct 2026, 12:04 CEST; previously $40.38 since 21 Oct 2026, 12:04 CEST.
ACCE price target published on 15 Oct 2026, 00:00 CEST.
Rating published on 21 Oct 2026, 12:04 CEST.
Price used: $27.77 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow, P/E comparison, EV/EBITDA comparison, and Graham number.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
26.3% below
+35.6% to fair value
ACCE score
55
out of 100
Analysts
0% buy
1 covering
P/E
18.4x
forward 11.9x
1-year return
-9.8%
Dividend yield
0.40%

Insteel Industries Inc. Common Stock in four questions

Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

Insteel Industries makes steel wire reinforcing products for concrete construction, mainly welded wire reinforcement and prestressed concrete strand, sold largely into nonresidential and infrastructure projects through a network of plants in the US Southeast and Midwest. The company is a low-margin converter, not a steel producer, so its edge rests on proximity to customers and the cost of shipping heavy product, which keeps regional competitors at arm's length. Revenue growth of 9.9% is the most notable input here, and it arrives with a forward P/E of 12.4 against a trailing 15.9, implying the market expects earnings to rise. The near-term question is whether spending on infrastructure and data center construction keeps order books full while wire rod input costs stay contained. At a 5.9% operating margin and 10.0% ROE, the business is not yet earning returns that justify a premium, so the case for a deeper look depends on whether that margin expansion is durable rather than cyclical.

AI-assisted·How I use AIWritten Oct 18, 2026
⚠ Investor warnings · 2 flagsAI-assisted·How I use AI
  • moderate
    Earnings sharply down
    Earnings fell 40.9% year over year while revenue grew 9.9%, so margins compressed. Net margin is 5.1% and operating margin 5.9%, which leaves little cushion if volumes soften.
  • moderate
    Momentum score slipping
    The ACCE score dropped from 51 to 48 over 90 days, with the momentum component at 23 out of 100, the weakest of the four parts.

AI research notes

AI-assisted·How I use AIWritten Oct 17, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
  • Revenue grew 9.9% year over year, ahead of the 6.5% per year five-year average, showing the business is expanding.
  • The stock trades at 12.3x forward earnings against a sector median of 23.8x, a steep discount to peers.
  • The consensus model fair value of $37.66 sits 26.3% above the current price of $27.77, with all four valuation models in the consensus.
Why it could disappoint
  • Return on invested capital of 9.0% and return on equity of 10.0% are modest, leaving little margin for error on the capital employed.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

PRO

Ask ACCE

Valuation

INVESTOR
Where IIIN's valuation models land
Price
$27.77
Model fair value
$37.66
Model range
$27.45 to $48.12
Fair value $37.66
Price $27.77
The price sits inside the model range.
Model
Fair value
Upside
Discounted cash flow
EV/EBITDA comparison
Graham number
P/E comparison
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Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

Bearish0% buy · 1 covering analyst
● Strong buy 0● Buy 0● Hold 1● Sell 0● Strong sell 0
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
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Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Press releases mentioning this company

Recent performance

1 week
-6.4%
1 month
-6.0%
3 months
-15.0%
6 months
+10.0%
YTD
-12.3%
1 year
-9.8%

SEC filings

Recommendation history, last 12 months

DateTypeNewPreviousPrice
23 Oct 2026, 12:04 CESTFair value$37.66$40.38$30.30
21 Oct 2026, 12:04 CESTRatingUndervaluedfirst publication$30.29
21 Oct 2026, 12:04 CESTFair value$40.38$42.72$30.29
16 Oct 2026, 00:00 CESTFair value$42.72$43.70$29.75
15 Oct 2026, 00:00 CESTACCE price target$31.80first publication$30.36
11 Oct 2026, 00:00 CESTFair value$43.70$45.14$29.50
4 Oct 2026, 00:00 CESTFair value$45.14$39.63$29.56
30 Sept 2026, 00:00 CESTFair value$39.63$40.53$29.29
27 Sept 2026, 00:00 CESTFair value$40.53$39.96$29.48
14 Sept 2026, 00:00 CESTFair value$39.96$40.96$30.61

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth40Value79Quality48Momentum54Total55
Valuation
Trailing P/E
18.4x
Forward P/E
11.9x
PEG
no data
P/B
1.57x
EV / Revenue
0.8x
Book value/sh
$19.19
Enterprise value
$562M
Profitability
ROE
10.0%
FCF yield
3.53%
ROIC
9.0%
Health and risk
Debt / equity
0.01
Dividend yield
0.40%
Beta
0.53

Price

-9.9% · 1Y

Ask anything about IIIN

Answered from Insteel Industries Inc. Common Stock fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 33% of peers
low 7.8x18.4xhigh 321.4x
ROEbetter than 83% of peers
low -91%10%high 15%
Div yieldbetter than 50% of peers
low 0.0%0.4%high 6.1%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
IIIN Insteel Industries Inc. Common Stock$27.77$3826% below18.4x10.0%4855
TROAX.ST Troax Group AB (publ)kr 141.40kr 59141% above321.4x1.5%4248
MEC Mayville Engineering Company Inc. Common Stock$12.71----6.0%3139
TG Tredegar Corporation Common Stock$7.31$1133% below7.8x15.5%5368
RYZ Ryerson Holding Corporation Common Stock$28.00----2.9%2164
RHIM.L RHI Magnesita N.V.£25.35£3834% below12.8x9.9%3858
AP Ampco-Pittsburgh Corporation Common Stock$7.85----90.9%2239

Sector report card

Where IIIN ranks against its sector peers on each metric.

Computing percentiles…
  • Business Wire•Sep 22, 2026
    Insteel Industries Announces Fourth Quarter 2026 Conference Call
  • Business Wire•Aug 21, 2026
    Insteel Industries Announces Closure of Upper Sandusky, Ohio Facility
  • Business Wire•Aug 11, 2026
    Insteel Industries Declares Quarterly Cash Dividend
2 more press releases · full archive on Investor+.INVESTOR
40 filings
October 2026
Oct 22
8-KCurrent reportPeriod 2026-10-22
View on SEC →
August 2026
Aug 27
Form 4Insider transactionPeriod 2026-08-27
View on SEC →
Aug 21
8-KCurrent reportPeriod 2026-08-21
View on SEC →
37 more filings + AI summaries on Investor+.INVESTOR