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← CockpitCompetitor Analysis › IIIN Insteel Industries, Inc.Open in the cockpit ↗

Insteel Industries, Inc.IIINCompetitor analysis, valuation and peers

United States · USD·Industrials›Metal Fabrication
Momentum weak 35
Mkt cap
$518M
US dollars, full cap
Free float
95%
of shares outstanding
$/day
$5.05M
20-day average traded
Fwd P/E
13.7×
forward earnings
ROIC−WACC
+1.4 pp
WACC 7.4%
Hurdle
-3 pp
Req g minus delivered
Next earnings
76 days
21 Jan 2027
Close · USD$26.74
1D-0.7%
1W-6.0%
1M-9.4%
3M-17.3%
6M-0.8%
YTD-15.6%
1Y-16.5%
ATR %3.8%
Beta1.00
52w lowhigh30.5% off high

What Insteel Industries does

Employees: 983

Insteel Industries at a glance

Size Insteel Industries (IIIN) is a United States Industrials company (Metal Fabrication) with a market value of $518M, the 2674th largest of 3,117 United States companies the cockpit tracks. Shares closed at $26.74 on 6 Nov 2026.

Performance Over six months the shares fell 0.8%, against -12.8% for the median peer and -1.1% for the United States market (cap-weighted) — 6th highest of 20 in its peer set.

Growth Revenue grew 14.2% over the last twelve months (peer median +5.9%); the operating margin is 5.2% (peer median 8.5%).

Valuation It trades at 13.7× forward earnings against a peer median of 15.6× (6th cheapest of 14).

Price implies For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -3 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 1.4 points above its cost of capital (7.4% WACC).

Short interest Short interest is 4.3% of the free float (15 Oct 2026).

Next results Next results expected around 21 Jan 2027 (exchange calendar; dates can move).

Relative performance

10012011 May 202611 Aug 20266 Nov 2026IIIN 99Peer median 86
Six months, rebased to 100: Insteel Industries against the median of its 20 peers (local-currency closes).

Insteel Industries financials

Reported figures in USD; fiscal year ends 2026-09-30. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
Revenue$740M$740M$648M$529M$649M
Revenue growth—+14%+22%-18%—
Gross profit$75.7M$75.7M$93.4M$49.6M$65.4M
EBITDA$56.1M$56.1M$72.8M$35.5M$48.0M
Net income$29.5M$29.5M$41.0M$19.3M$32.4M
Free cash flow$24.8M$24.8M$18.9M$39.1M$111M
Capital expenditure$11.8M$11.8M$8.21M$19.1M$30.7M
Total debt$2.48M$2.48M$3.90M$1.69M$1.94M

Quarterly statements and history in the cockpit →

Insteel Industries competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%-40%-20%0%301160300345300817500760520858516480300652ROLEXRINGS605286CIX68821062823036300611001380ELMT2476IIIN6-month return →1-month return →
Up and to the right = strong over both horizons. Insteel Industries is the large dot.

Fundamentals: revenue growth against valuation

-25%0%+25%+50%+75%0×50×100×150×3011603003455007585164806052866882103036300611001380ELMTIIINRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Insteel Industries is the large dot.

Capital: growth delivered against growth the price implies

0%+10%+20%+30%0%20%301160500758516480ROLEXRINGSCIX6282001380688786ELMT2476IIINGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Insteel Industries is the large dot.

Insteel Industries competitors and peer comparison

How Insteel Industries compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Insteel Industries against its 20 peers (data as of 6 Nov 2026)
MeasureIIINPeer medianRank in peer set
1-month return-9.4%-11.5%10th highest of 21
6-month return-0.8%-12.8%6th highest of 20
Distance from 52-week high-30.5%-38.5%9th highest of 21
Revenue growth (TTM)+14.2%+5.9%7th highest of 21
Operating margin5.2%8.5%7th lowest of 21
Forward P/E13.7×15.6×6th cheapest of 14
Growth the price implies (Req g, 7 yrs)1.4%6.6%5th least demanding of 12
Growth delivered (Del g)+4.6%+9.3%2nd lowest of 12
Hurdle (Req g minus delivered)-3.2 pp-1.9 pp6th least demanding of 12
ROIC minus cost of capital+1.4 pp-0.2 pp9th highest of 21
EV / EBITDA8.6×10.6×5th cheapest of 11
Net debt / EBITDA-0.6×-1.5×6th most indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Insteel Industries IIINUnited States$518M-1%+14%5%13.7×1.4%+4.6%
Suzhou Xianglou New Material 301160.SZChina$519M-22%+2%13%26.9×14.3%+16.2%
Hunan Huamin 300345.SZChina$521M-8%-17%-25%147.5×n/an/a
SF Oilless Bearing 300817.SZChina$524M-21%+25%8%n/an/an/a
CMR Green Technologies CMRGREEN.NSIndia$502Mn/a+29%4%n/an/an/a
San Shing Fastech 5007.TWTaiwan$500M-3%-4%18%15.4×-5.1%+4.1%
Shanghai Yongmaotai Automotive Technology 605208.SSChina$537M-26%+13%1%n/an/an/a
Ryobi 5851.TJapan$486M-5%+3%4%7.4×4.3%+12.6%
Nippon Thompson 6480.TJapan$553M+12%+21%9%8.7×14.5%+7.3%
HangZhou Radical Energy Saving Technology 300652.SZChina$554M-30%-13%10%n/an/an/a
Rolex Rings ROLEXRINGS.NSIndia$558M+36%+2%17%24.3×27.0%+13.2%
Jiangsu Tongli Tianqi Technology 605286.SSChina$559M-46%-23%-14%7.9×n/an/a
CompX International CIXUnited States$477M+63%+6%16%n/a6.6%+6.7%
Shenzhen Pacific Union Precision Manufacturing 688210.SSChina$565M-48%-16%-14%38.9×n/an/a
Oiles 6282.TJapan$473M-5%+1%10%n/a-5.7%+5.4%
ALCONIX 3036.TJapan$566M+19%+18%6%13.6×n/an/a
Zhejiang Meili High Technology 300611.SZChina$586M-25%+80%8%10.9×n/an/a
Hwaway Technology 001380.SZChina$586M-24%+7%11%15.6×1.3%+30.4%
Jiangxi Yuean Advanced Materials 688786.SSChina$587M-13%+12%21%30.1×24.8%+11.2%
Elmet ELMTUnited States$598M+28%+6%6%40.9×21.9%+5.9%
G-SHANK Enterprise 2476.TWTaiwan$599M-22%+24%19%n/a-0.1%+9.3%

Questions

Which companies are Insteel Industries's closest peers?
The cockpit's peer set: Suzhou Xianglou New Material (301160.SZ), Hunan Huamin (300345.SZ), SF Oilless Bearing (300817.SZ), CMR Green Technologies (CMRGREEN.NS), San Shing Fastech (5007.TW), Shanghai Yongmaotai Automotive Technology (605208.SS), Ryobi (5851.T), Nippon Thompson (6480.T).
Is Insteel Industries expensive compared with its peers?
On forward p/e it trades at 13.7× against a peer median of 15.6×, 6th cheapest of 14 in its peer set. For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -3 pp: the price already allows for a slowdown.
How has Insteel Industries stock performed?
Over six months to 6 Nov 2026 the shares returned -0.8% against -12.8% for the median peer; over one year -16.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.