Conglomerates
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5 / 10Stock Comparison
NNBR vs IIIN vs CMC vs RS vs MLM
Revenue, margins, valuation, and 5-year total return — side by side.
Manufacturing - Metal Fabrication
Steel
Steel
Construction Materials
NNBR vs IIIN vs CMC vs RS vs MLM — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Conglomerates | Manufacturing - Metal Fabrication | Steel | Steel | Construction Materials |
| Market Cap | $139M | $527M | $7.83B | $18.87B | $36.22B |
| Revenue (TTM) | $435M | $678M | $8.01B | $14.84B | $6.55B |
| Net Income (TTM) | $-35M | $48M | $438M | $806M | $2.53B |
| Gross Margin | 2.3% | 15.0% | 16.5% | 27.2% | 29.6% |
| Operating Margin | -3.3% | 9.2% | 7.5% | 7.5% | 22.7% |
| Forward P/E | 43.6x | 16.6x | 10.8x | 18.9x | 30.8x |
| Total Debt | $211M | $4M | $1.35B | $1.99B | $5.32B |
| Cash & Equiv. | $11M | $39M | $1.04B | $217M | $67M |
NNBR vs IIIN vs CMC vs RS vs MLM — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| NN, Inc. (NNBR) | 100 | 61.7 | -38.3% |
| Insteel Industries,… (IIIN) | 100 | 153.8 | +53.8% |
| Commercial Metals C… (CMC) | 100 | 410.8 | +310.8% |
| Reliance Steel & Al… (RS) | 100 | 380.6 | +280.6% |
| Martin Marietta Mat… (MLM) | 100 | 312.7 | +212.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: NNBR vs IIIN vs CMC vs RS vs MLM
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Among these 5 stocks, NNBR doesn't own a clear edge in any measured category.
IIIN has the current edge in this matchup, primarily because of its strength in growth exposure.
- Rev growth 22.4%, EPS growth 112.1%, 3Y rev CAGR -7.8%
- 22.4% revenue growth vs NNBR's -9.1%
- 4.1% yield, vs RS's 1.3%, (1 stock pays no dividend)
CMC is the #2 pick in this set and the best alternative if value and momentum is your priority.
- Lower P/E (10.8x vs 30.8x)
- +58.2% vs IIIN's -18.7%
RS is the clearest fit if your priority is income & stability and long-term compounding.
- Dividend streak 23 yrs, beta 0.75, yield 1.3%
- 463.7% 10Y total return vs CMC's 356.4%
- Lower volatility, beta 0.75, Low D/E 27.7%, current ratio 4.88x
- PEG 0.96 vs MLM's 3.00
MLM ranks third and is worth considering specifically for quality and efficiency.
- 38.7% margin vs NNBR's -8.0%
- 13.3% ROA vs NNBR's -7.7%, ROIC 7.6% vs -4.5%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 22.4% revenue growth vs NNBR's -9.1% | |
| Value | Lower P/E (10.8x vs 30.8x) | |
| Quality / Margins | 38.7% margin vs NNBR's -8.0% | |
| Stability / Safety | Beta 0.75 vs NNBR's 2.04, lower leverage | |
| Dividends | 4.1% yield, vs RS's 1.3%, (1 stock pays no dividend) | |
| Momentum (1Y) | +58.2% vs IIIN's -18.7% | |
| Efficiency (ROA) | 13.3% ROA vs NNBR's -7.7%, ROIC 7.6% vs -4.5% |
NNBR vs IIIN vs CMC vs RS vs MLM — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
NNBR vs IIIN vs CMC vs RS vs MLM — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
NNBR leads in 2 of 6 categories
MLM leads 1 • IIIN leads 1 • RS leads 1 • CMC leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
MLM leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
RS is the larger business by revenue, generating $14.8B annually — 34.1x NNBR's $435M. MLM is the more profitable business, keeping 38.7% of every revenue dollar as net income compared to NNBR's -8.0%. On growth, IIIN holds the edge at +23.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $435M | $678M | $8.0B | $14.8B | $6.6B |
| EBITDAEarnings before interest/tax | $22M | $81M | $890M | $1.4B | $2.1B |
| Net IncomeAfter-tax profit | -$35M | $48M | $438M | $806M | $2.5B |
| Free Cash FlowCash after capex | -$1M | $439,000 | $296M | $612M | $1.0B |
| Gross MarginGross profit ÷ Revenue | +2.3% | +15.0% | +16.5% | +27.2% | +29.6% |
| Operating MarginEBIT ÷ Revenue | -3.3% | +9.2% | +7.5% | +7.5% | +22.7% |
| Net MarginNet income ÷ Revenue | -8.0% | +7.0% | +5.5% | +5.4% | +38.7% |
| FCF MarginFCF ÷ Revenue | -0.3% | +0.1% | +3.7% | +4.1% | +15.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | +12.1% | +23.3% | +11.0% | +15.5% | +0.7% |
| EPS Growth (YoY)Latest quarter vs prior year | -8.7% | +6.1% | +2.0% | +36.4% | +12.2% |
Valuation Metrics
NNBR leads this category, winning 4 of 7 comparable metrics.
Valuation Metrics
At 12.9x trailing earnings, IIIN trades at a 86% valuation discount to CMC's 95.3x P/E. Adjusting for growth (PEG ratio), IIIN offers better value at 0.78x vs MLM's 3.12x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $139M | $527M | $7.8B | $18.9B | $36.2B |
| Enterprise ValueMkt cap + debt − cash | $338M | $492M | $8.1B | $20.6B | $41.5B |
| Trailing P/EPrice ÷ TTM EPS | -2.58x | 12.92x | 95.27x | 26.41x | 31.95x |
| Forward P/EPrice ÷ next-FY EPS est. | 43.60x | 16.60x | 10.77x | 18.94x | 30.75x |
| PEG RatioP/E ÷ EPS growth rate | — | 0.78x | — | 1.33x | 3.12x |
| EV / EBITDAEnterprise value multiple | 19.03x | 6.76x | 10.10x | 15.87x | 19.21x |
| Price / SalesMarket cap ÷ Revenue | 0.33x | 0.81x | 1.00x | 1.32x | 5.54x |
| Price / BookPrice ÷ Book value/share | 0.93x | 1.43x | 1.92x | 2.72x | 3.62x |
| Price / FCFMarket cap ÷ FCF | 19.16x | 27.81x | 25.06x | 37.55x | 37.04x |
Profitability & Efficiency
IIIN leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
MLM delivers a 25.1% return on equity — every $100 of shareholder capital generates $25 in annual profit, vs $-28 for NNBR. IIIN carries lower financial leverage with a 0.01x debt-to-equity ratio, signaling a more conservative balance sheet compared to NNBR's 1.44x. On the Piotroski fundamental quality scale (0–9), MLM scores 7/9 vs NNBR's 3/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | -28.4% | +13.2% | +10.1% | +11.2% | +25.1% |
| ROA (TTM)Return on assets | -7.7% | +10.4% | +4.7% | +7.6% | +13.3% |
| ROICReturn on invested capital | -4.5% | +14.1% | +8.5% | +8.9% | +7.6% |
| ROCEReturn on capital employed | -5.0% | +14.1% | +8.7% | +11.2% | +8.7% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 6 | 4 | 5 | 7 |
| Debt / EquityFinancial leverage | 1.44x | 0.01x | 0.32x | 0.28x | 0.53x |
| Net DebtTotal debt minus cash | $200M | -$35M | $311M | $1.8B | $5.3B |
| Cash & Equiv.Liquid assets | $11M | $39M | $1.0B | $217M | $67M |
| Total DebtShort + long-term debt | $211M | $4M | $1.4B | $2.0B | $5.3B |
| Interest CoverageEBIT ÷ Interest expense | -0.74x | 1192.54x | 9.84x | 18.77x | 6.44x |
Total Returns (Dividends Reinvested)
NNBR leads this category, winning 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CMC five years ago would be worth $22,730 today (with dividends reinvested), compared to $3,660 for NNBR. Over the past 12 months, CMC leads with a +58.2% total return vs IIIN's -18.7%. The 3-year compound annual growth rate (CAGR) favors NNBR at 40.7% vs IIIN's 3.3% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +106.0% | -16.2% | -1.3% | +25.2% | -5.2% |
| 1-Year ReturnPast 12 months | +50.8% | -18.7% | +58.2% | +25.8% | +13.0% |
| 3-Year ReturnCumulative with dividends | +178.4% | +10.4% | +63.7% | +58.9% | +53.9% |
| 5-Year ReturnCumulative with dividends | -63.4% | -12.0% | +127.3% | +119.6% | +62.5% |
| 10-Year ReturnCumulative with dividends | -75.7% | +48.0% | +356.4% | +463.7% | +242.7% |
| CAGR (3Y)Annualised 3-year return | +40.7% | +3.3% | +17.9% | +16.7% | +15.4% |
Risk & Volatility
RS leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
RS is the less volatile stock with a 0.75 beta — it tends to amplify market swings less than NNBR's 2.04 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. RS currently trades 96.9% from its 52-week high vs IIIN's 65.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 2.04x | 1.01x | 1.53x | 0.75x | 0.87x |
| 52-Week HighHighest price in past year | $2.99 | $41.64 | $84.87 | $381.00 | $710.97 |
| 52-Week LowLowest price in past year | $1.10 | $24.35 | $44.67 | $260.31 | $532.80 |
| % of 52W HighCurrent price vs 52-week peak | +92.3% | +65.2% | +83.1% | +96.9% | +84.5% |
| RSI (14)Momentum oscillator 0–100 | 65.6 | 39.5 | 63.2 | 79.2 | 51.6 |
| Avg Volume (50D)Average daily shares traded | 936K | 211K | 1.1M | 313K | 485K |
Analyst Outlook
Evenly matched — IIIN and RS each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: NNBR as "Buy", IIIN as "Buy", CMC as "Buy", RS as "Hold", MLM as "Buy". Consensus price targets imply 17.4% upside for CMC (target: $83) vs -1.9% for RS (target: $362). For income investors, IIIN offers the higher dividend yield at 4.10% vs MLM's 0.54%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Hold | Buy |
| Price TargetConsensus 12-month target | — | — | $82.75 | $362.00 | $695.30 |
| # AnalystsCovering analysts | 9 | 4 | 26 | 27 | 40 |
| Dividend YieldAnnual dividend ÷ price | — | +4.1% | +1.0% | +1.3% | +0.5% |
| Dividend StreakConsecutive years of raises | 0 | 0 | 4 | 23 | 11 |
| Dividend / ShareAnnual DPS | — | $1.11 | $0.71 | $4.82 | $3.26 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.4% | +2.7% | +3.1% | +1.2% |
NNBR leads in 2 of 6 categories (Valuation Metrics, Total Returns). MLM leads in 1 (Income & Cash Flow). 1 tied.
NNBR vs IIIN vs CMC vs RS vs MLM: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is NNBR or IIIN or CMC or RS or MLM a better buy right now?
For growth investors, Insteel Industries, Inc.
(IIIN) is the stronger pick with 22. 4% revenue growth year-over-year, versus -9. 1% for NN, Inc. (NNBR). Insteel Industries, Inc. (IIIN) offers the better valuation at 12. 9x trailing P/E (16. 6x forward), making it the more compelling value choice. Analysts rate NN, Inc. (NNBR) a "Buy" — based on 9 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — NNBR or IIIN or CMC or RS or MLM?
On trailing P/E, Insteel Industries, Inc.
(IIIN) is the cheapest at 12. 9x versus Commercial Metals Company at 95. 3x. On forward P/E, Commercial Metals Company is actually cheaper at 10. 8x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Reliance Steel & Aluminum Co. wins at 0. 96x versus Martin Marietta Materials, Inc. 's 3. 00x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — NNBR or IIIN or CMC or RS or MLM?
Over the past 5 years, Commercial Metals Company (CMC) delivered a total return of +127.
3%, compared to -63. 4% for NN, Inc. (NNBR). Over 10 years, the gap is even starker: RS returned +463. 7% versus NNBR's -75. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — NNBR or IIIN or CMC or RS or MLM?
By beta (market sensitivity over 5 years), Reliance Steel & Aluminum Co.
(RS) is the lower-risk stock at 0. 75β versus NN, Inc. 's 2. 04β — meaning NNBR is approximately 173% more volatile than RS relative to the S&P 500. On balance sheet safety, Insteel Industries, Inc. (IIIN) carries a lower debt/equity ratio of 1% versus 144% for NN, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — NNBR or IIIN or CMC or RS or MLM?
By revenue growth (latest reported year), Insteel Industries, Inc.
(IIIN) is pulling ahead at 22. 4% versus -9. 1% for NN, Inc. (NNBR). On earnings-per-share growth, the picture is similar: Insteel Industries, Inc. grew EPS 112. 1% year-over-year, compared to -82. 1% for Commercial Metals Company. Over a 3-year CAGR, MLM leads at 2. 0% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — NNBR or IIIN or CMC or RS or MLM?
Martin Marietta Materials, Inc.
(MLM) is the more profitable company, earning 17. 4% net margin versus -8. 1% for NN, Inc. — meaning it keeps 17. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MLM leads at 23. 3% versus -4. 3% for NNBR. At the gross margin level — before operating expenses — MLM leads at 30. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is NNBR or IIIN or CMC or RS or MLM more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Reliance Steel & Aluminum Co. (RS) is the more undervalued stock at a PEG of 0. 96x versus Martin Marietta Materials, Inc. 's 3. 00x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Commercial Metals Company (CMC) trades at 10. 8x forward P/E versus 43. 6x for NN, Inc. — 32. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CMC: 17. 4% to $82. 75.
08Which pays a better dividend — NNBR or IIIN or CMC or RS or MLM?
In this comparison, IIIN (4.
1% yield), RS (1. 3% yield), CMC (1. 0% yield), MLM (0. 5% yield) pay a dividend. NNBR does not pay a meaningful dividend and should not be held primarily for income.
09Is NNBR or IIIN or CMC or RS or MLM better for a retirement portfolio?
For long-horizon retirement investors, Reliance Steel & Aluminum Co.
(RS) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 75), 1. 3% yield, +463. 7% 10Y return). NN, Inc. (NNBR) carries a higher beta of 2. 04 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (RS: +463. 7%, NNBR: -75. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between NNBR and IIIN and CMC and RS and MLM?
These companies operate in different sectors (NNBR (Industrials) and IIIN (Industrials) and CMC (Basic Materials) and RS (Basic Materials) and MLM (Basic Materials)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: NNBR is a small-cap quality compounder stock; IIIN is a small-cap high-growth stock; CMC is a small-cap quality compounder stock; RS is a mid-cap quality compounder stock; MLM is a mid-cap quality compounder stock. IIIN, CMC, RS, MLM pay a dividend while NNBR does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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