CMC

Commercial Metals Company

Basic Materials · $7.6B market cap

Verdict

Share price

$63.58

close of Oct 3, 2026

Fair value

$46.15

Sticker Price

Payback Price

$18.46

buy price

Overpriced

CMC is Overpriced: at $63.58 it trades 38% above its fair value of $46.15. Its buy price (Payback Price) is $18.46, 71% below today's price. Business quality is limited: only 1 of 5 key numbers clears the 10% bar.

How we valued it

Owner Earnings. Earnings grow slowly (under 7% a year), but cash flow is steady, so we value it on its cash flow instead of its earnings.

Business quality

1 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth5.6% a year✗
Equity per share growth5.1% a year✗
Sales growth-0.3% a year✗
Free cash flow growth6.1% a year✗
Return on invested capital10.3%✓

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Superinvestors

1 of the investors we track holds CMC. In Q2 2026, 1 added. Who we track

Moves in Q2 2026

Added: First Eagle Investment Management

Insider activity

Since Jun 23, 2026: 2 open-market purchases worth $604K and 8 other filings (stock awards, tax withholding and similar). Why purchases matter

Purchases

Other filings

About Commercial Metals Company

Commercial Metals Company (CMC) is an international enterprise specializing in the production, recycling, and fabrication of steel and metal products, along with providing related services. The company serves markets across the United States, Poland, China, and other international regions. A significant facet of its business involves processing and marketing a wide array of ferrous and non-ferrous scrap metals…

Steel

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works