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TMST - TimkenSteel Corporation

NYSE -> Basic Materials -> Steel
Canton, United States
Type: Equity

TMST price evolution
TMST
(in millions $) 31 Jan 2024 30 Oct 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $225.4 $221.9 $227.4
Short term investments
Net receivables $113.2 $135.8 $133.3 $127.1
Inventory $228 $255.4 $266 $244.7
Total current assets $656.8 $630.5 $626.7 $614.7
Long term investments
Property, plant & equipment $503.9 $498.8 $496.9 $495.1
Goodwill & intangible assets $3 $3.9 $4.4
Total noncurrent assets $523.3 $521.8 $520.6
Total investments
Total assets $1175.3 $1153.8 $1148.5 $1135.3
Current liabilities
Accounts payable $133.3 $148.5 $164.6 $173.3
Deferred revenue
Short long term debt $18.5 $18.9 $19
Total current liabilities $248.4 $207 $219.8 $231
Long term debt $5.9 $5.8 $6.3
Total noncurrent liabilities $216.5 $216.9 $212.9
Total debt $24.4 $24.7 $25.3
Total liabilities $443.7 $423.5 $436.7 $443.9
Shareholders' equity
Retained earnings -$53.7 -$55 -$79.8 -$108.7
Other shareholder equity $12.4 $11.7 $13.5 $14.1
Total shareholder equity $730.3 $711.8 $691.4
(in millions $) 31 Jan 2024 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $257.2 $259.6 $102.8
Short term investments
Net receivables $113.2 $79.4 $100.5 $63.3
Inventory $228 $192.4 $210.9 $178.4
Total current assets $656.8 $556.6 $582.3 $357.6
Long term investments
Property, plant & equipment $503.9 $498.6 $524.7 $590.8
Goodwill & intangible assets $5 $6.7 $9.3
Total noncurrent assets $525.4 $576.6 $636.4
Total investments
Total assets $1175.3 $1082 $1158.9 $994
Current liabilities
Accounts payable $133.3 $113.2 $141.9 $89.5
Deferred revenue
Short long term debt $26.4 $50.6 $46.4
Total current liabilities $248.4 $186.7 $250.8 $181
Long term debt $6.5 $8.8 $52.8
Total noncurrent liabilities $208.8 $243.5 $305.5
Total debt $32.9 $59.4 $99.2
Total liabilities $443.7 $395.5 $494.3 $486.5
Shareholders' equity
Retained earnings -$53.7 -$123.1 -$188.2 -$363.4
Other shareholder equity $12.4 $14.7 $20.7 $40.4
Total shareholder equity $686.5 $664.6 $507.5
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $328.1 $354.2 $356.6 $323.5
Cost of revenue $303.2 $302.9 $283.1
Gross Profit $41.4 $51 $53.7 $40.4
Operating activities
Research & development
Selling, general & administrative $20.5 $20.4 $21
Total operating expenses $22.7 $20.2 $17.8 $21.1
Operating income $30.8 $35.9 $19.3
Income from continuing operations
EBIT $32.8 $38.2 $16.7
Income tax expense $2.4 $9.8 $11 $3.8
Interest expense $2.1 -$1.8 -$1.7 -$1.5
Net income
Net income $1.3 $24.8 $28.9 $14.4
Income (for common shares) $24.8 $28.9 $14.4
(in millions $) 31 Jan 2024 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $1362.4 $1329.9 $1282.9 $830.7
Cost of revenue $1203.2 $1062.9 $815.1
Gross Profit $186.5 $126.7 $220 $15.6
Operating activities
Research & development
Selling, general & administrative $73.8 $77.2 $76.7
Total operating expenses $84.6 $76.5 $95.8 $77.4
Operating income $50.2 $124.2 -$61.8
Income from continuing operations
EBIT $97.7 $182.6 -$48.5
Income tax expense $27 $32 $5.7 $1.2
Interest expense $7.1 $0.6 $5.9 $12.2
Net income
Net income $69.4 $65.1 $171 -$61.9
Income (for common shares) $65.1 $171 -$61.9
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income $24.8 $28.9 $14.4
Operating activities
Depreciation $14 $14.3 $14.5
Business acquisitions & disposals
Stock-based compensation $3 $2.9 $2.6
Total cash flows from operations $28.1 $13.3 $9.8
Investing activities
Capital expenditures -$17.5 -$7.9 -$9.1
Investments
Total cash flows from investing -$49.9 -$17.5 -$7.9 -$9.1
Financing activities
Dividends paid
Sale and purchase of stock -$7.1 -$10.9 -$8.1
Net borrowings -$18.7
Total cash flows from financing -$51.9 -$7.1 -$10.9 -$30.2
Effect of exchange rate
Change in cash and equivalents $23.5 $3.5 -$5.5 -$29.5
(in millions $) 31 Jan 2024 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $65.1 $171 -$61.9
Operating activities
Depreciation $58.3 $63.1 $70
Business acquisitions & disposals $6.2
Stock-based compensation $8.8 $7.3 $6.6
Total cash flows from operations $134.5 $196.9 $173.5
Investing activities
Capital expenditures -$21.7 -$11 -$6
Investments
Total cash flows from investing -$49.9 -$21.7 -$4.8 -$6
Financing activities
Dividends paid
Sale and purchase of stock -$44 $4.1
Net borrowings -$68.6 -$38.9 -$91.2
Total cash flows from financing -$51.9 -$114.6 -$35.3 -$91.8
Effect of exchange rate
Change in cash and equivalents $23.5 -$1.8 $156.8 $75.7
Fundamentals
Market cap $955.53M
Enterprise value N/A
Shares outstanding 43.10M
Revenue $1.36B
EBITDA N/A
EBIT N/A
Net Income $69.40M
Revenue Q/Q 33.70%
Revenue Y/Y 2.44%
P/E ratio 13.77
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio 0.70
P/B ratio N/A
Book/Share N/A
Cash/Share N/A
EPS $1.61
ROA 6.02%
ROE N/A
Debt/Equity N/A
Net debt/EBITDA N/A
Current ratio 2.64
Quick ratio 1.73