Worthington Steel makes processed flat-rolled steel, including pickled and oiled, cold-rolled, and coated products, supplied mainly to automotive, appliance, and construction customers. Its edge is the processing layer: it cuts, slits and coats coil for OEM specifications, a service that is hard to replicate quickly and ties customers to its lines. The reported 212.4% revenue growth is a step-change rather than organic momentum, so the number needs context before anyone leans on it. Margins are thin, with a 10.4% gross margin and 2.8% operating margin, and ROE is negative at -3.4%, which keeps the story dependent on whether steel spreads hold and integration of recent volume works through. At an 8.1x forward P/E against a trailing figure that is not meaningful, the market is pricing a recovery in earnings, so the question for the deeper look is whether the forward estimates are credible given that margin base.
Plain-English pros, cons, and what to watch. Pro feature.
See what each model says, the assumptions behind it, the bad, normal and good cases, and why the fair value changed.
The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.
The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.
Trades are only made public after a delay. We show the delay so you know how old the news is.
Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.
| Date | Type | New | Previous | Price |
|---|---|---|---|---|
| 18 Oct 2026, 16:04 CEST | Fair value | $31.78 | $34.26 | $39.68 |
| 18 Oct 2026, 16:04 CEST | Rating | Overvalued | first publication | $39.68 |
| 14 Oct 2026, 00:00 CEST | Fair value | $34.26 | $31.00 | $37.99 |
| 11 Oct 2026, 00:00 CEST | ACCE price target | $41.00 | first publication | $36.05 |
| 7 Oct 2026, 00:00 CEST | Fair value | $31.00 | $29.97 | $39.12 |
| 5 Oct 2026, 00:00 CEST | Fair value | $29.97 | $29.51 | $36.97 |
| 1 Oct 2026, 00:00 CEST | Fair value | $29.51 | $30.51 | $35.64 |
| 28 Sept 2026, 00:00 CEST | Fair value | $30.51 | $31.05 | $36.26 |
| 26 Sept 2026, 00:00 CEST | Fair value | $31.05 | $31.60 | $35.48 |
| 24 Sept 2026, 00:00 CEST | Fair value | $31.60 | $30.93 | $34.90 |
Answered from Worthington Steel Inc. Common Shares fundamentals + recent valuations. Every number shows its source and date.
| Company | Price | Fair value | vs fair value | P/E | ROE | Quality | Score |
|---|---|---|---|---|---|---|---|
| WS Worthington Steel Inc. Common Shares | $40.85 | $32 | 29% above | - | -3.4% | 27 | 60 |
| TXAR.BA Ternium Argentina SA | ARS 776.00 | - | - | 9.0x | 5.9% | 58 | 77 |
| OUT1V.HE Outokumpu | €4.64 | - | - | - | -2.4% | 31 | 37 |
| SGM.AX Sims Limited | A$19.26 | A$22 | 13% below | 15.4x | 9.4% | 44 | 54 |
| SZG.DE Salzgitter AG | €43.82 | €35 | 26% above | 41.7x | 1.4% | 38 | 40 |
| ALLEI.ST Alleima AB (publ) | kr 112.70 | kr 70 | 62% above | 30.9x | 5.5% | 56 | 67 |
| APAM.AS Aperam S.A. | €35.58 | €51 | 31% below | 20.3x | 4.0% | 39 | 51 |
Where WS ranks against its sector peers on each metric.