TimkenSteel Corporation (TMST)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
TimkenSteel Corporation (TMST) trades at $20.40 with AI Score 45/100 (Grade C). TimkenSteel Corporation is a manufacturer of alloy steel, carbon, and micro-alloy steel products, serving diverse sectors globally. Market cap: $895.35M, Sector: Basic materials.
Price live · AI analysis from May 10, 2026Analyst Coverage for TMST: TMST does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates TMST against Basic Materials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
TMST: the 1 perspectives are evenly split.
How is this calculated? →TimkenSteel Corporation (TMST) Materials & Commodity Exposure
TimkenSteel Corporation, established in 1899, is a manufacturer and seller of alloy, carbon, and micro-alloy steel products. It serves various sectors, including automotive, oil and gas, and industrial equipment, both domestically and internationally, differentiating itself through custom-made precision steel components and services.
What Is the Investment Thesis for TMST?
TimkenSteel Corporation presents a mixed investment thesis. The company's established presence since 1899 and diverse product offerings in alloy, carbon, and micro-alloy steel provide a stable foundation. However, the company's high P/E ratio of 289.0 coupled with a low profit margin of 0.2% raises concerns about profitability. The beta of 1.52 indicates higher volatility compared to the market. Growth catalysts include potential infrastructure projects and increased demand from key sectors like automotive and energy. Investors should closely monitor the company's ability to improve profitability and manage its debt levels to capitalize on these opportunities.
Based on FMP financials and quantitative analysis
TMST Key Highlights
- Market capitalization of $895.35M reflects the company's current valuation in the steel industry.
- A P/E ratio of 289.0 indicates a high valuation relative to earnings, suggesting investor expectations of future growth.
- Profit margin of 0.2% highlights challenges in maintaining profitability within the competitive steel market.
- Gross margin of 8.3% shows the percentage of revenue exceeding the cost of goods sold, indicating potential for improvement.
- Beta of 1.52 suggests the stock is more volatile than the overall market, potentially offering higher risk and reward.
Who Are TMST's Competitors?
TMST is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| NUE Nucor Corporation | $223.92 | +1.44% | $51.00B | 76 |
| STLD Steel Dynamics, Inc. | $226.10 | +2.59% | $32.61B | 81 |
| CMC Commercial Metals Company | $62.81 | +1.76% | $6.95B | 62 |
| FEEXY Ferrexpo plc | $1.65 | +0.00% | $242.70M | 54 |
| FEEXF Ferrexpo plc | $0.39 | +0.00% | $228.65M | 54 |
| MSB Mesabi Trust | $25.89 | +1.17% | $339.68M | 53 |
| APMSF Aperam S.A. | $44.70 | +0.00% | $3.23B | 52 |
| USNZY Usinas Siderúrgicas de Minas Gerais S.A. | $1.73 | +5.49% | $2.13B | 45 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are TMST's Key Strengths?
- Long-standing history and experience in the steel industry.
- Diverse product range including alloy, carbon, and micro-alloy steel.
- Customization capabilities for precision steel components.
- Value-added services such as machining and thermal treatment.
What Are TMST's Weaknesses?
- Low profit margin of 0.2% indicates profitability challenges.
- High P/E ratio of 289.0 suggests overvaluation.
- Exposure to cyclical demand in the steel industry.
- Dependence on raw material prices and energy costs.
What Could Drive TMST Stock Higher?
- Infrastructure spending in the US could increase demand for steel.
- Automotive industry shift to EVs requiring specialized steel.
- Potential new contracts with oil and gas companies for OCTG.
- Expansion into renewable energy sector with wind turbine components.
What Are the Key Risks for TMST?
- Rich valuation — a P/E of 289.0 runs well above the Basic Materials sector’s ~22x, leaving little room for a miss.
- Cyclical nature of the steel industry impacting revenue.
- Fluctuations in raw material and energy costs affecting profitability.
- Increased competition from domestic and international steel producers.
- Trade policies and tariffs impacting steel imports and exports.
- Economic downturns reducing demand from key sectors.
What Are the Growth Opportunities for TMST?
- Expansion in the Automotive Sector: The automotive industry's increasing demand for high-strength steel in electric vehicles and fuel-efficient models presents a significant growth opportunity for TimkenSteel. By developing advanced steel alloys tailored to automotive applications, TimkenSteel can capture a larger share of this market. The global automotive steel market is projected to reach $100 billion by 2030, offering substantial revenue potential. This expansion requires strategic partnerships with automotive manufacturers and investments in R&D.
- Infrastructure Development Projects: Government-led infrastructure projects, particularly in the United States, create a surge in demand for steel products. TimkenSteel can capitalize on this by securing contracts for supplying steel to bridge construction, road development, and other infrastructure initiatives. The U.S. infrastructure bill, with billions allocated for infrastructure spending, provides a clear timeline for increased steel demand. Success depends on competitive bidding and efficient supply chain management.
- Growth in the Oil and Gas Sector: Despite the shift towards renewable energy, the oil and gas sector continues to require specialized steel products for drilling and pipeline infrastructure. TimkenSteel's expertise in producing oil country tubular goods (OCTG) positions it favorably to benefit from ongoing investments in this sector. The global OCTG market is expected to grow at a CAGR of 3% over the next five years, driven by deepwater drilling and pipeline maintenance. This requires maintaining strong relationships with oil and gas companies and adapting to evolving industry standards.
- Penetration of the Renewable Energy Sector: The renewable energy sector, particularly wind energy, relies on high-quality steel for turbine construction. TimkenSteel can leverage its manufacturing capabilities to supply steel for wind energy shafts and other critical components. The global wind energy market is projected to grow significantly, driven by government incentives and increasing demand for clean energy. This growth opportunity requires developing specialized steel alloys that meet the stringent requirements of wind turbine manufacturers.
- Strategic Acquisitions and Partnerships: TimkenSteel can pursue strategic acquisitions and partnerships to expand its product portfolio, geographic reach, and technological capabilities. Acquiring companies with complementary product lines or entering into joint ventures with international steel manufacturers can enhance TimkenSteel's competitiveness and market position. Successful acquisitions depend on thorough due diligence and effective integration of acquired businesses.
What Opportunities Does TMST Have?
- Growth in the automotive sector with increasing demand for high-strength steel.
- Infrastructure development projects driving demand for steel products.
- Expansion in the oil and gas sector with ongoing investments in drilling and pipelines.
- Penetration of the renewable energy sector with steel for wind turbine construction.
What Threats Does TMST Face?
- Intense competition from other steel manufacturers.
- Fluctuations in raw material prices and energy costs.
- Economic downturns impacting demand for steel products.
- Trade policies and tariffs affecting steel imports and exports.
What Are TMST's Competitive Advantages?
- Established Reputation: Over a century of experience in the steel industry provides a strong brand reputation.
- Customization Capabilities: Ability to produce custom-made precision steel components caters to specific customer needs.
- Diverse Product Range: Offering a wide range of steel products, including alloy, carbon, and micro-alloy steel.
- Value-Added Services: Providing machining and thermal treatment services enhances customer value and differentiation.
What Does TMST Do?
TimkenSteel Corporation, founded in 1899 and headquartered in Canton, Ohio, specializes in manufacturing and distributing alloy steel, carbon, and micro-alloy steel products. The company's extensive product range includes ingots, bars, tubes, and billets, catering to a diverse array of industrial applications. Beyond its core product offerings, TimkenSteel provides machining and thermal treatment services, enhancing its value proposition to customers. The company’s products are integral to various components such as gears, hubs, axles, crankshafts, connecting rods, oil country drill pipes, bits, collars, bearing races, rolling elements, bushings, fuel injectors, wind energy shafts, and anti-friction bearings. TimkenSteel serves a broad spectrum of industries, including automotive, oil and gas, industrial equipment, mining, construction, rail, defense, heavy truck, agriculture, power generation, and oil country tubular goods. Its commitment to custom-made precision steel components underscores its focus on meeting specific customer needs and maintaining a competitive edge in the steel market. The company operates both domestically within the United States and internationally, extending its market reach and customer base.
What Products and Services Does TMST Offer?
- Manufactures alloy steel products.
- Produces carbon and micro-alloy steel products.
- Offers steel in the form of ingots, bars, tubes, and billets.
- Provides machining services for steel components.
- Offers thermal treatment services to enhance steel properties.
- Supplies custom-made precision steel components to various industries.
- Serves sectors including automotive, oil and gas, and industrial equipment.
How Does TMST Make Money?
- Manufacturing and selling alloy, carbon, and micro-alloy steel products.
- Providing value-added services such as machining and thermal treatment.
- Customizing steel components to meet specific customer requirements.
- Serving diverse industries, including automotive, oil and gas, and industrial equipment.
What Industry Does TMST Operate In?
TimkenSteel operates within the steel industry, a sector characterized by cyclical demand and sensitivity to economic conditions. The industry is influenced by global trends in construction, automotive manufacturing, and energy infrastructure. Competition is intense, with companies vying for market share based on product quality, pricing, and customer service. TimkenSteel's focus on custom-made precision steel components provides a niche in this competitive landscape. The global steel market is expected to see moderate growth, driven by infrastructure development and industrial expansion, presenting both opportunities and challenges for TimkenSteel.
Who Are TMST's Key Customers?
- Automotive manufacturers requiring high-strength steel components.
- Oil and gas companies needing specialized steel products for drilling and pipelines.
- Industrial equipment manufacturers using steel in machinery and components.
- Construction companies utilizing steel in building and infrastructure projects.
- Defense sector requiring steel for military vehicles and equipment.
TimkenSteel Corporation (TMST) Valuation Context
Valued at $895.35M, TMST is classified as a small-cap stock. Relative to its peer group, TMST's quantitative score of 45/100 is below the peer average of 65/100.
ROE 0%Key Financial Metrics
Return on equity for TimkenSteel Corporation stands at 0.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.3%, showing how much profit it generates from its asset base. TMST trades at a trailing price-to-earnings ratio of 289.02, above the Basic Materials sector average of ~22x. Its free cash flow yield is -10.7%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.73 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 0.4%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 7/9Financial Health
TimkenSteel Corporation's Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 2.42 places it in the grey zone, a middle ground that warrants monitoring.
TMST Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Insider activity suggests confidence; recent purchases might signal belief in the company's future prospects.
- Community sentiment seems cautiously optimistic, with some traders highlighting potential growth in infrastructure projects boosting steel demand.
- The overall market perception leans towards a potential resurgence in the steel sector, possibly driven by government spending and economic recovery.
- Positive developments in related industries, like automotive or construction, could indirectly benefit TimkenSteel, fueling bullish sentiment.
Bear Case
- Recent insider sales could indicate concerns about the company's short-term performance or broader economic headwinds.
- A segment of the community expresses worry about rising raw material costs impacting TimkenSteel's profit margins.
- Market perception includes skepticism about the sustainability of the current steel demand, with some predicting a correction.
- Unfavorable developments in key sectors, such as a slowdown in manufacturing, could negatively affect TimkenSteel's sales and outlook.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · February 2026
TMST Latest News
No recent news available for TMST.
TMST Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for TMST.
Price Targets
Wall Street price target analysis for TMST.
TMST MoonshotScore
What does this score mean?
The MoonshotScore rates TMST's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Michael S. Williams
CEO
Michael S. Williams serves as the CEO of TimkenSteel Corporation, leading a workforce of 1700 employees. His career history includes extensive experience in the steel and manufacturing industries. He has held various leadership positions, demonstrating expertise in operations, strategy, and financial management. Williams is known for his focus on innovation and operational excellence. His educational background includes a degree in engineering and an MBA, providing a strong foundation for his leadership role.
Track Record: Under Michael S. Williams' leadership, TimkenSteel has focused on improving operational efficiency and expanding its product offerings. He has overseen strategic investments in technology and equipment to enhance manufacturing capabilities. Key milestones include navigating challenging market conditions and maintaining a commitment to customer satisfaction. Williams has also emphasized sustainability initiatives and responsible corporate citizenship.
Common Questions About TMST (Basic Materials)
What does TimkenSteel Corporation do?
TimkenSteel Corporation manufactures and sells alloy steel, carbon, and micro-alloy steel products to various industries globally. The company offers a range of products, including ingots, bars, tubes, and billets, and provides machining and thermal treatment services. Its products are used in critical applications across sectors such as automotive, oil and gas, industrial equipment, and renewable energy. TimkenSteel differentiates itself through custom-made precision steel components and a focus on meeting specific customer requirements.
What do analysts say about TMST stock?
Analyst coverage of TimkenSteel Corporation (TMST) is limited, but generally reflects a cautious outlook. Key valuation metrics, such as the high P/E ratio of 289.0, suggest that the stock may be overvalued relative to its current earnings. Growth considerations include the potential for increased demand from infrastructure projects and the automotive sector. However, analysts also note the risks associated with the cyclical nature of the steel industry and fluctuations in raw material prices. Investors should conduct their own due diligence and consider their risk tolerance before investing.
What are the main risks for TMST?
TimkenSteel faces several key risks inherent to the steel industry. The cyclical nature of the steel market can lead to fluctuating demand and revenue. Volatility in raw material prices, such as iron ore and energy costs, can significantly impact profitability. Intense competition from both domestic and international steel producers puts pressure on pricing and market share. Additionally, trade policies and tariffs can affect the company's ability to import and export steel products. Economic downturns in key sectors, such as automotive and construction, can reduce demand for TimkenSteel's products.
How does TimkenSteel Corporation compare to competitors in its industry?
TimkenSteel differentiates itself through its focus on custom-made precision steel components and value-added services like machining and thermal treatment. While competitors like Nucor and Steel Dynamics focus on high-volume steel production, TimkenSteel targets niche markets requiring specialized steel solutions. This strategy allows TimkenSteel to command higher margins on certain products but also exposes it to risks associated with reliance on specific industries. Its smaller size compared to industry giants also presents challenges in terms of economies of scale and market influence.
What are the key financial metrics investors watch for TMST?
Investors closely monitor several key financial metrics for TimkenSteel. Revenue growth indicates the company's ability to expand its market share and increase sales. Gross margin and profit margin are critical indicators of profitability and operational efficiency. The debt-to-equity ratio reflects the company's financial leverage and risk. Cash flow from operations is essential for assessing the company's ability to generate cash and fund investments. Additionally, investors track capital expenditures to evaluate the company's investments in maintaining and upgrading its manufacturing facilities.
What are the key factors to evaluate for TMST?
TimkenSteel Corporation (TMST) holds an AI score of 45/100 (low). P/E: 289.0x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does TMST data refresh on this page?
TMST prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven TMST's recent stock price performance?
TimkenSteel Corporation (TMST) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Long-standing history and experience in the steel industry. See the News tab for the latest drivers. Past performance does not predict future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.
- Financial metrics are as of the latest available reporting period.