Russel Metals Inc (RUSMF) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Russel Metals Inc $36.61, price $66.95, upside -45.3%, quality 64 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? Yes
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Russel Metals Inc
RUSMF · USStretched ValuationStrong overvaluation with only moderate quality.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range $5.72 – $66.95 · fair‑value band $21.51 – $52.21 · the $66.95 price screens above the $36.61 fair value. Dashed = 300-day average. As of Sep 24, 2026.
Company profile
Russel Metals Inc. engages in the distribution of steel and other metal products in Canada and the United States. The company operates through Metals Service Centers, Energy Field Stores, and Steel Distribution segments.
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Russel Metals Inc. engages in the distribution of steel and other metal products in Canada and the United States. The company operates through Metals Service Centers, Energy Field Stores, and Steel Distribution segments. The Metal Service Centers segment operates a network of metals service centers, which provide metal products in various sizes, shapes, and specifications, including carbon hot rolled and cold finished steel, pipe and tubular, stainless steel, aluminum, and other non-ferrous specialty metal products. The Energy Field Stores segment offers specialized products, such as flanges, valves, fittings, and other products to energy industry. The Steel Distributors segment sells steel products comprising carbon steel plate, flat rolled products, beams, channels, and pipes to other steel service centers and equipment manufacturers. Russel Metals Inc. was incorporated in 1929 and is headquartered in Mississauga, Canada.
Stock analysis
Russel Metals Inc (RUSMF) currently trades at $66.95, while our model-based Fair Value estimate is $36.61, 45.3% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of $39.66 per share, and 0 of the 26 models we run sit above the $66.95 price.
Bear case: the Earnings-Based group reads lowest at $13.36, and 26 of the 26 models stay below the price. Evidence for this calculation is high.
Scenario range: $21.51 (bear) to $52.21 (bull), the price of $66.95 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 64/100 (solid quality), in the Industrials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Russel Metals Inc reported revenue of C$4.6B in FY2025 versus C$4.2B in FY2021, a compound +2.5%/yr. Reported net income was C$169M in FY2025, compounding −20.9%/yr from FY2021.
Key figures
Market cap $3.8B · P/E ratio 26.7 · P/S ratio 0.97 · EPS (TTM) $2.51 · Dividend yield 2.6% · Net margin 3.6% · Return on equity 12.0% · Return on assets (EBIT) 15.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 41 out of 100 (medium confidence).
What moves the price
The share trades at its 52-week high and 146% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −30% fair-value upside, at −45%, RUSMF screens richer than that median.
Fair Value models
All 26 models by family
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Set up alert →Quality Score breakdown
Of which business quality 64 · Market factors (momentum, volatility) 87
Revenue & earnings trend
Growth Forecast
RUSMF screens overvalued: fair value 45% below the price. Compare with W.W. Grainger, Inc →
Compare Russel Metals Inc with another stock
Price, fair value, quality and upside side by side.
Peer Groupⓘ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.Industrial Distribution · 105 stocks
Valuation Multiplesvs Industrial Distribution median · lower = cheaper
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Industrials
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Industrial Distribution stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| W.W. Grainger, Inc GWW | $1,256 | $623.81 | −50% |
| Fastenal Company FAST | $50.23 | $41.28 | −18% |
| Ferguson Enterprises Inc FERG | $222.74 | $32.49 | −85% |
| WESCO International, Inc WCC | $367.44 | $151.88 | −59% |
| Toromont Industries Ltd TIH | C$226.98 | C$127.90 | −44% |
| Watsco, Inc WSO | $317.23 | $250.18 | −21% |
| Applied Industrial Technologies, Inc AIT | $332.29 | $205.13 | −38% |
| Finning International Inc FTT | C$106.19 | C$74.26 | −30% |
| Indutrade AB INDT | kr 258.60 | kr 284.46 | +10% |
| Core & Main, Inc CNM | $42.64 | $50.21 | +18% |
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Key figures of Russel Metals Inc
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