What is Ryerson Holding Corp worth?
With the base-case assumptions below, a discounted cash flow model on Ryerson Holding Corp's reported free cash flow gives $22.04 per share. The share price was $23.85 on September 25, 2026, 8% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 0.5% | 10.0% | $14.26 | -40% |
| Base | 5.5% | 9.0% | $22.04 | -8% |
| Bull | 10.5% | 8.0% | $37.54 | +57% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $27.74 | $29.48 | $31.61 | $34.26 | $37.68 |
| 8.0% | $23.49 | $24.61 | $25.95 | $27.55 | $29.50 |
| 9.0% | $20.38 | $21.15 | $22.04 | $23.07 | $24.30 |
| 10.0% | $18.00 | $18.55 | $19.17 | $19.88 | $20.70 |
| 11.0% | $16.14 | $16.54 | $16.99 | $17.49 | $18.06 |
Where the presets come from
Base: years 1 to 5 grow at Ryerson Holding Corp's revenue growth rate over the last 5 fiscal years (5.7% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions