Insteel Industries Inc (IIIN)

Steel Works, Blast Furnaces & Rolling & Finishing Mills

Latest Price

$28.45

TTM P/E

15.30

Normalized P/E

11.04

TTM Div Yield

3.94%

Fwd Div Yield

3.94%

Book Value

19.11

P/B Ratio

1.49

Valuation metrics

EPS: $1.51

Book value / share: $19.61

Formula: √(22.5 × EPS × BVPS)

Graham Number

$25.81

9% downside

Norm. op. income: $42M (median of 7yr)

Tax rate: 23%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$18.64

34% downside

Base FCF: $32M (median of recent 5yr)

Growth: -4%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$16.40

42% downside

EPS: $1.51

Target P/E: 11×

Formula: EPS × P/E

P/E Fair Value

$16.61

42% downside

79.7% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	1.52M	$46.0M	7.87%	-1.33M	2026-06-30
MIRAE ASSET GLOBAL ETFS Holdings Ltd.	1.20M	$36.0M	6.20%	--	2026-06-30
Dimensional Fund Advisors LP	1.17M	$35.0M	6.04%	+82.1K	2026-06-30
Vanguard Capital Management LLC	821.5K	$24.0M	4.24%	+5.7K	2026-06-30
Geode Capital Management, LLC	534.7K	$16.0M	2.76%	+38.4K	2026-06-30
First Eagle Investment Management, LLC	511.5K	$15.0M	2.64%	+130.5K	2026-06-30
Jane Street Group, LLC	490.0K	$14.0M	2.53%	+382.0K	2026-06-30
Citadel Advisors LLC	459.4K	$13.0M	2.37%	+196.8K	2026-06-30
State Street Corp	401.0K	$12.0M	2.07%	-324.5K	2026-06-30
Qube Research & Technologies Ltd	371.7K	$11.0M	1.92%	+216.7K	2026-06-30