Worthington Story

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WOR -- USA Stock  

USD 55.38  1.37  2.54%

23% of stocks are less volatile than Worthington, and above 92% of all equities are expected to generate higher returns over the next 90 days. As many conservative investors are still indifferent towards latest market risk, it is prudent, from our point of view, to sum up Worthington Industries' current volatility. We will discuss why it could be a different year for Worthington Industries shareholders. Worthington Industries' low volatility may still impact the value of the stock as we estimate it as currently overvalued. The real value, based on our analysis, is getting close to 49.20 per share.
Published over a month ago
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Is Worthington Industries (NYSE:WOR) a good hedge for your existing portfolios?
Worthington Industries has roughly 937.7 M in cash with 389.74 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 17.25.
Volatility is a rate at which the price of Worthington Industries or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Worthington Industries may increase or decrease. In other words, similar to Worthington's beta indicator, it measures the risk of Worthington Industries and helps estimate the fluctuations that may happen in a short period of time. So if prices of Worthington Industries fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.

How important is Worthington Industries's Liquidity

Worthington Industries financial leverage refers to using borrowed capital as a funding source to finance Worthington Industries ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Worthington Industries financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Worthington Industries's total debt and its cash.

How Worthington utilizes its cash?

To perform a cash flow analysis of Worthington Industries, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Worthington Industries is receiving and how much cash it distributes out in a given period. The Worthington Industries cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Worthington Industries Net Cash Flow from Operations is relatively stable at the moment as compared to the past year. Worthington Industries reported last year Net Cash Flow from Operations of 303.05 Million

Worthington Industries Volatility Drivers

Worthington Industries unsystematic risk is unique to Worthington Industries and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in Worthington Industries you can also buy Valmont Industries. You can also mitigate this risk by investing in the metal fabrication sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing Worthington Industries important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in Worthington Industries income statement and balance sheet. Here are more details about Worthington volatility.
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