Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) stocks: intrinsic value, ROIC & growth

7 U.S. steel works, blast furnaces & rolling mills (coke ovens) companies with at least three years of SEC filings, ranked by size. 3 of the 7 with a current price trade below their Graham intrinsic value. The median company earned a 5.7% average return on invested capital and grew revenue 5.3% a year.

Updated October 18, 2026

7companies
3below Graham value
5.7%median 10-yr ROIC
5.3%median revenue CAGR

Most undervalued steel works, blast furnaces & rolling mills (coke ovens) stocks

Ticker Company Upside Price Graham value Price vs value Market cap ROIC (10y) Revenue CAGR
STLD Steel Dynamics +10% $240.54 $265.39 9% below $35.7B 21.9% 10.2%

Highest-ROIC steel works, blast furnaces & rolling mills (coke ovens) stocks

Ticker Company 10-yr ROIC Price Graham value Price vs value Market cap ROIC (10y) Revenue CAGR
STLD Steel Dynamics 21.9% $240.54 $265.39 9% below $35.7B 21.9% 10.2%
NUE Nucor 17.9% $256.29 $158.95 61% above $59.2B 17.9% 8.0%
CMC COMMERCIAL METALS Co 11.9% $64.98 $12.03 440% above $7.4B 11.9% 9.0%
SXC SunCoke Energy, Inc. 5.7% $10.25 $17.14 40% below $876.4M 5.7% 4.6%
CRS CARPENTER TECHNOLOGY CORP 5.2% $377.09 $246.46 53% above $19.1B 5.2% 5.3%
TWI TITAN INTERNATIONAL INC 4.8% $6.64 $18.16 63% below $423.1M 4.8% 4.2%
MTUS Metallus Inc. 2.1% $20.56 $0.39 5172% above $861.5M 2.1% 3.2%

All steel works, blast furnaces & rolling mills (coke ovens) stocks

Ticker Company Price Graham value Price vs value Market cap ROIC (10y) Revenue CAGR
NUE Nucor $256.29 $158.95 61% above $59.2B 17.9% 8.0%
STLD Steel Dynamics $240.54 $265.39 9% below $35.7B 21.9% 10.2%
CRS CARPENTER TECHNOLOGY CORP $377.09 $246.46 53% above $19.1B 5.2% 5.3%
CMC COMMERCIAL METALS Co $64.98 $12.03 440% above $7.4B 11.9% 9.0%
SXC SunCoke Energy, Inc. $10.25 $17.14 40% below $876.4M 5.7% 4.6%
MTUS Metallus Inc. $20.56 $0.39 5172% above $861.5M 2.1% 3.2%
TWI TITAN INTERNATIONAL INC $6.64 $18.16 63% below $423.1M 4.8% 4.2%

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