Reliance Steel Aluminum Stock Shares Outstanding
| RS6 Stock | EUR 307.50 3.70 1.22% |
Reliance Steel Aluminum fundamentals help investors to digest information that contributes to Reliance Steel's financial success or failures. It also enables traders to predict the movement of Reliance Stock. The fundamental analysis module provides a way to measure Reliance Steel's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Reliance Steel stock.
Reliance |
Reliance Steel Aluminum Company Shares Outstanding Analysis
Reliance Steel's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Reliance Steel Shares Outstanding | 58.79 M |
Most of Reliance Steel's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Reliance Steel Aluminum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, Reliance Steel Aluminum has 58.79 M of shares currently outstending. This is 90.43% lower than that of the Basic Materials sector and 75.87% lower than that of the Steel industry. The shares outstanding for all Germany stocks is 89.72% higher than that of the company.
Reliance Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Reliance Steel's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Reliance Steel could also be used in its relative valuation, which is a method of valuing Reliance Steel by comparing valuation metrics of similar companies.Reliance Steel is currently under evaluation in shares outstanding category among its peers.
Reliance Fundamentals
| Return On Equity | 0.28 | |||
| Return On Asset | 0.16 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.15 % | |||
| Current Valuation | 12.83 B | |||
| Shares Outstanding | 58.79 M | |||
| Shares Owned By Insiders | 0.86 % | |||
| Shares Owned By Institutions | 83.58 % | |||
| Price To Earning | 8.86 X | |||
| Price To Book | 1.78 X | |||
| Price To Sales | 0.65 X | |||
| Revenue | 17.02 B | |||
| Gross Profit | 5.26 B | |||
| EBITDA | 2.73 B | |||
| Net Income | 1.84 B | |||
| Cash And Equivalents | 133.6 M | |||
| Cash Per Share | 1.99 X | |||
| Total Debt | 1.14 B | |||
| Debt To Equity | 49.00 % | |||
| Current Ratio | 4.06 X | |||
| Book Value Per Share | 120.56 X | |||
| Cash Flow From Operations | 2.12 B | |||
| Earnings Per Share | 28.20 X | |||
| Target Price | 181.17 | |||
| Number Of Employees | 10 | |||
| Beta | 0.89 | |||
| Market Capitalization | 13.85 B | |||
| Total Asset | 10.33 B | |||
| Z Score | 8.2 | |||
| Annual Yield | 0.02 % | |||
| Five Year Return | 1.90 % | |||
| Net Asset | 10.33 B | |||
| Last Dividend Paid | 3.5 |
About Reliance Steel Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Reliance Steel Aluminum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reliance Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reliance Steel Aluminum based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Information and Resources on Investing in Reliance Stock
When determining whether Reliance Steel Aluminum is a strong investment it is important to analyze Reliance Steel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Reliance Steel's future performance. For an informed investment choice regarding Reliance Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Steel Aluminum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.