Reliance, Inc (RS) Fair Value & Analysis
Basic Materials · US · Market cap $20.2B
Reliance, Inc
RS · US
Fair value as of: Jul 18, 2026
From 24 valuation models · updated 20 days ago
Fair value updated Jul 18, 2026, revised from $222.68 to $222.08 (−0.3%) since Jun 24, 2026. Share price +10.2% over the past month.
A solid business, but screening 47% overvalued on our models.
What matters now
- A high-quality business (quality 71/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
- The price sits above even our optimistic bull case ($307.79). The favourable scenario is already priced in.
- A fairly wide model range ($124.82 to $307.79) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.
How to read this chart
60‑month range $129.82 – $421.08 · fair‑value band $124.82 – $307.79 · the $418.13 price screens above the $222.08 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.
Analysis
Reliance, Inc (RS) currently trades at $418.13, while our model-based Fair Value estimate is $222.08, implying the stock looks roughly 46.9% overvalued today. We read business quality at 71/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).
Over the trailing twelve months, Reliance, Inc generated revenue of $14.8B at a net margin of 5.4%. Revenue grew 15.5% year over year. It earns a return on equity of 11.3%. Net debt stands at $1.8B. Fundamentals as of Jul 18, 2026
Our scenario range runs from $124.82 (bear case) to $307.79 (bull case); at $418.13, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 63% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -25% fair-value upside, at -47%, RS screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 24 models by family
Widest divergence: DCF Models ($248.93) versus Asset-Based ($94.11). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 65 · Market factors (momentum, volatility) 78
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Reliance, Inc. operates as a diversified metal solutions provider and metals service center company primarily in the United States and Canada.
Full company description
Reliance, Inc. operates as a diversified metal solutions provider and metals service center company primarily in the United States and Canada. The company distributes metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and other specialty steel products; and provides metals processing services to consumer products, general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, industrial machinery, and heavy industries. It sells its products directly to original equipment manufacturers, which primarily include small machine shops and fabricators. The company was formerly known as Reliance Steel & Aluminum Co. and changed its name to Reliance, Inc. in February 2024. Reliance, Inc. was founded in 1939 and is based in Phoenix, Arizona.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Reliance, Inc reported revenue of $14.3B in FY2025 versus $14.1B in FY2021, a compound +0.4%/yr. Reported net income was $739M in FY2025, compounding −14.9%/yr from FY2021.
RS screens 47% overvalued. Compare with Tata Steel Limited →
Recent news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- Reliance Global Group Signs LOI to Sell Altruis Benefit Consulting for $11 Million in Cash
- Should Reliance’s Buyback Pause Amid Strong Earnings Shift Its Capital Allocation Story for RS Investors?
- Reliance (RS) After Earnings And A Strong Run, Is The Bull Case Already Priced In?
- Reliance Global Group Reports Second Quarter 2026 Results and Accelerates AI-Driven Transformation
Peer Group
Steel · 381 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Steel median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
VALUE 0: the price sits above our fair-value range.
Insider activity: 44/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Steel stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Tata Steel Limited TTST | $0.2010 | $0.2000 | -0% |
| JSW Steel Limited JSWSTEEL | ₹1,227 | ₹1,140 | -7% |
| Baoshan Iron & Steel Co 600019 | ¥5.89 | ¥8.07 | +37% |
| China Steel Corporation 2002A | 38.55 TWD | 8.74 TWD | -77% |
| POSCO Holdings 005490 | 313,500 KRW | 155,270 KRW | -50% |
| Companhia Siderúrgica Nacional, SID | 13,670 ARS | 15,940 ARS | +17% |
| Jindal Steel Limited JINDALSTEL | ₹1,028 | ₹545.12 | -47% |
| Lloyds Metals and Energy Limited LLOYDSME | ₹1,844 | ₹1,098 | -40% |
| SSAB AB SSABA | kr 96.04 | kr 72.43 | -25% |
| Gerdau S.A GGBN | 83.50 MXN | 42.64 MXN | -49% |
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
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