NYSE: WOR · Metal Fabrication
Worthington Industries (WOR) fair value: undervalued or overvalued?
As of 26 Sep 2026, Faircurve's model values Worthington Industries (WOR) at $59.43 a share. The stock last closed at $60.66, which puts the model's fair value 2.0% below the price. On the model's bands that reads as Fairly valued.
Revalued . Price is the close of 2 Oct 2026. Worthington Industries, Inc.
Faircurve Insights · 26 Sep 2026
Worthington Industries, Inc. is an industrial manufacturing firm operating internationally, with a strong foothold in North America. Its business is Industrials, Metal Fabrication.
Faircurve's model, on 26 Sep 2026, found a fair value of $59.43 a share, which is the midpoint of 2,000 simulations. This fair value moved +14.2% since the previous run, on 19 Sep 2026, which gave $52.04. The calibrated range over 63 trading days is $49.86 to $72.46, built from the fair value since there is no live options data for the stock. This range held the price 60% of the time at this horizon, and the evidence grade is Medium.
The company's overall quality score is 52 out of 100 against comparable companies. Its growth quality scores 72, with revenue growth, trailing 19.7% against a peer median of 4.6%, and its capital discipline scores 85, with net buybacks / market value 1.9% against a peer median of 0.4%. The model compares it with Gibraltar Industries, Inc., Mueller Industries, Inc., Insteel Industries, Inc., and ATI Inc. The stock moved a median 5.9% around its last 8 earnings reports, ignoring direction.
Written from the figures on this page for the 26 Sep 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
What price range does the model give WOR?
The calibrated range for WOR over 63 trading days is $49.86 to $72.46. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 4,327 past valuations, refreshed 26 Sep 2026). Ranges built this way held the price 60% of the time at this horizon.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $39.78 to $86.18. In 46% of the simulations the fair value came out above the price the model ran on.
How does WOR score on business quality?
Worthington Industries's overall quality score is 52 out of 100. Each factor below is a score against comparable companies, not a percentile of the metric beside it.
| Factor | Score (0 to 100) | Headline measure | Peer median |
|---|---|---|---|
| ProfitabilityReturn on invested capital against the peer group, with a bonus for an improving trend. | 22 | 4.9%ROIC | 10.2% |
| Earnings qualityHow much of reported profit is cash: free cash flow to net income, and the accrual ratio (the share of earnings that is not cash). | 60 | 1.44xFCF / net income | 1.38x |
| Growth qualityTrailing revenue growth, forward growth from consensus, and the direction of analyst estimate revisions. | 72 | 19.7%Revenue growth, trailing | 4.6% |
| Capital disciplineReinvestment efficiency (capital spending per unit of revenue) and net buybacks. | 85 | 1.9%Net buybacks / market value | 0.4% |
| Balance sheetNet debt to EBITDA and interest coverage. | 53 | 1.22xNet debt / EBITDA | 0.98x |
| StabilityDownside volatility of the EBITDA margin over the last five years. | 54 | 2.1 ptsEBITDA margin downside volatility, 5y | 2.2 pts |
How does WOR compare with similar companies?
The companies in metal fabrication closest to Worthington Industries in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| ROCK Gibraltar Industries, Inc. | $40.15 | $33.09 | -17.6% | Overvalued |
| MLI Mueller Industries, Inc. | $62.56 | $79.14 | +26.5% | Undervalued |
| IIIN Insteel Industries, Inc. | $29.56 | $31.94 | +8.1% | Fairly valued |
| ATI ATI Inc. | $192.42 | $166.04 | -13.7% | Fairly valued |
When does WOR report earnings, and how has the stock reacted?
Worthington Industries's next earnings report is scheduled for 15 Dec 2026. Companies can move their dates.
How WOR moved around its last 8 earnings reports
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 5.9%.
| Report date | Two session move |
|---|---|
| 22 Sep 2026 | +2.7% |
| 23 Jun 2026 | -6.8% |
| 24 Mar 2026 | +0.7% |
| 16 Dec 2025 | -5.0% |
| 24 Sep 2025 | -12.4% |
| 24 Jun 2025 | +3.6% |
| 25 Mar 2025 | +25.6% |
| 17 Dec 2024 | +8.9% |
Worthington Industries at a glance
Worthington Industries, Inc. is an industrial manufacturing firm operating internationally, with a strong foothold in North America.
- Market value
- $3.0B
- Sector
- Industrials
- Industry
- Metal Fabrication
- Revenue expected, next twelve months
- $1.5B
- Consensus revenue growth, next fiscal year
- +8.9%
- Analysts with estimates
- 3
- Beta to the US market
- 0.79
- First valued by Faircurve
- 11 Jul 2026
How the fair value is worked out: the model prices Worthington Industries on the value of the whole business, debt included, against the operating profit analysts expect next year (forward EV/EBITDA), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 19 Sep 2026 the model's fair value for WOR was $52.04. As of 26 Sep 2026 it is $59.43, a change of +14.2%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Worthington Industries's valuation
Is Worthington Industries stock undervalued or overvalued?
On Faircurve's model, WOR reads as Fairly valued as of 26 Sep 2026. The model's fair value is $59.43 a share against a last close of $60.66, a gap of -2.0%.
What is WOR's fair value?
$59.43 a share as of 26 Sep 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $39.78 to $86.18.
What price range does the model give WOR?
$49.86 to $72.46 over 63 trading days. Ranges built this way held the price 60% of the time across 4,327 past valuations, refreshed 26 Sep 2026.
When does Worthington Industries report earnings next?
The next report is scheduled for 15 Dec 2026. Companies can move their dates.
How much has WOR moved on past earnings reports?
Across its last 8 reports the median two session move was 5.9%, ignoring direction. The largest was +25.6% around the report of 25 Mar 2025.
How confident is the model in this valuation?
The model's evidence grade for WOR is medium. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It is not a probability that the fair value is right, or that the price reaches it.