As of 2024-07-27, the Fair Value of Reliance Steel & Aluminum Co (RS) is 546.62 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 304.05 USD, the upside of Reliance Steel & Aluminum Co is 79.78%.
Peter Lynch's formula is:
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.
| Historical Earnings | ||||||
| 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 5Y Avg | |
| Net income | 702.00 | 369.00 | 1,413.00 | 1,840.10 | 1,335.90 | 1,132.00 |
| YoY growth | 10.73% | -47.44% | 282.93% | 30.23% | -27.40% | 49.81% |
| Market Cap (mil) | 17,461.59 |
| P/E | 13.91x |
| Forward P/E | 13.77x |
| EPS | 21.86 |
| Avg earnings growth rate | 49.81% |
| TTM earnings | 1,255.70 |