This report is for educational purposes only, and not to provide investment advice.  Before making any investment decision, you should always do your own research or consult a investment professional.
While I try to be accurate, I assume no responsibility for any figure in this spreadsheet.
See my website on stocks or see my blog at the following sites.  www.spbrunner.com/stocks.html www.spbrunner.blogspot.com/
Russel Metals Inc TSX: RUS www.russelmetals.com Fiscal Yr: Dec 31
Year 12/31/00 12/31/01 12/31/02 12/31/03 12/31/04 12/31/05 12/31/06 12/31/07 12/31/08 12/31/09 12/31/10 12/31/11 12/30/12 12/30/13 #Y
Accting Rules C GAAP IFRS IFRS IFRS
Revenue* $1,531.0 $1,402.5 $1,403.3 $1,507.0 $2,418.6 $2,614.1 $2,692 $2,559 $3,366 $1,972 $2,175 $2,693 $2,819 $2,950 92.03% <-Total Growth 10 Revenue
Increase 8.17% -8.39% 0.05% 7.39% 60.49% 8.08% 2.98% -4.94% 31.53% -41.42% 10.33% 23.81% 4.67% 4.65% 6.74% <-IRR #YR-> 10 Revenue
Rev per Share $40.40 $36.85 $36.87 $35.03 $48.48 $51.60 $43.17 $40.58 $56.39 $33.03 $36.27 $44.83 $46.93 $49.11 0.01% <-IRR #YR-> 5 Revenue
Increase 35.57% -8.79% 0.05% -5.01% 38.41% 6.44% -16.35% -5.99% 38.96% -41.43% 9.81% 23.61% 4.67% 4.65% 1.98% <-IRR #YR-> 10 Rev per Share
P/S (Price/Sales) 0.07 0.10 0.14 0.25 0.32 0.42 0.62 0.63 0.34 0.54 0.63 0.50 0.58 0.56 0.76% <-IRR #YR-> 5 Rev per Share
*Revenue in M CDN $  P/S 10 yr  0.46 5 yr  0.54
-$1,403 $0 $0 $0 $0 $0 $0 $0 $0 $0 $2,693
-$2,692 $0 $0 $0 $0 $2,693
-$36.85 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $44.83
-$43.17 $0.00 $0.00 $0.00 $0.00 $44.83
EPS* $0.53 $0.17 $0.68 $0.39 $3.57 $2.44 $3.57 $1.76 $3.65 -$1.54 $1.16 $1.92 $1.94 $2.09 1029.41% <-Total Growth 10 Earnings
Increase -28.38% -67.92% 300.00% -42.65% 815.38% -31.65% 46.31% -50.70% 107.39% -142% -175% 66% 1.04% 7.73% 27.43% <-IRR #YR-> 10 Earnings
Earnings Yield 18.3% 4.7% 13.3% 4.4% 23.0% 11.2% 13.4% 6.9% 19.2% -8.7% 5.1% 8.6% 7.1% 7.6% -11.67% <-IRR #YR-> 5 Earnings
* ESP per share (Cdn GAAP) E/P 10 Yrs 9.87% 5Yrs 6.92%
-$0.17 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.92
-$3.57 $0.00 $0.00 $0.00 $0.00 $1.92
no div '92-'00
Total Div $0.20 $0.20 $0.20 $0.32 $0.70 $1.00 $1.60 $1.75 $1.85 $1.00 $1.00 $1.15 $1.20 $1.20 475.00% <-Total Growth 9 Dividends
Special Div $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.05 $0.00 $0.00 $0.00 $0.00 $0.00 Dividends
Div* $0.20 $0.20 $0.20 $0.32 $0.70 $1.00 $1.60 $1.75 $1.80 $1.00 $1.00 $1.15 $1.20 $1.20 475.00% <-Total Growth 9 Dividends
Increase Reg #DIV/0! 0.00% 0.00% 60.00% 118.75% 42.86% 60.00% 9.37% 2.86% -44.44% 0.00% 15.00% 4.35% 0.00% 12.19% <-Median-> 10 Dividends
Increase in Tot #DIV/0! 0.00% 0.00% 60.00% 118.75% 42.86% 60.00% 9.37% 5.71% -45.95% 0.00% 15.00% 4.35% 0.00% 12.19% <-Median-> 10 Dividends
Yield H/L Pr. 5.41% 6.06% 4.46% 4.72% 5.12% 5.53% 6.28% 6.12% 7.70% 7.19% 4.94% 4.87% 5.33% <-Median-> 10 Dividends
Yield on High  Pr. 4.30% 5.13% 3.64% 3.60% 4.44% 4.40% 5.45% 5.08% 5.78% 5.48% 4.27% 4.17% 4.42% <-Median-> 10 Dividends
Yield on Low Pr. 7.27% 7.41% 5.76% 6.88% 6.03% 7.46% 7.40% 7.69% 11.87% 10.44% 5.87% 5.86% 7.14% <-Median-> 10 Dividends
Yield on Cl Pr. 6.90% 5.56% 3.92% 3.64% 4.52% 4.58% 5.99% 6.88% 9.47% 5.64% 4.37% 5.13% 4.37% 4.37% 4.85% <-Median-> 10 Dividends
Payout Ratio 37.7% 117.6% 29.4% 82.1% 19.6% 41.0% 44.8% 99.4% 49.3% -64.9% 86.2% 59.9% 61.9% 57.4% 47.07% <-Median-> 10 Payout Ratio
Payout Ratio CF -145.1% 8.2% 28.7% 9.1% 437.3% 37.3% -6652.5% 52.4% 189.8% 20.5% 74.3% 122.9% 50.6% 49.6% 44.83% <-Median-> 10 Payout Ratio
Payout Ratio CF NC 13.8% 19.9% 13.7% 33.7% 16.6% 33.9% 55.9% 78.6% 41.6% -134.5% 60.8% 46.8% 50.6% 49.6% 37.75% <-Median-> 10 Payout Ratio
Median Values 4.37% 5.07% 5 5.88% 10 Yield  6.12% 5.64% Payout 59.90% 74.32% 19.12% <-IRR #YR-> 10 Dividends
* Dividends per share  3.0% Years 3.0% Years Curr diff -28.53% Last Div Inc ---> $0.25 $0.28 10.0% -6.39% <-IRR #YR-> 5 Dividends
-$0.20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.15
-$1.60 $0.00 $0.00 $0.00 $0.00 $1.15
Div Gr, Cap Gain # yrs -> 5 Div Gr -31.43% Cap Gain 6.23%
I am earning Div start $1.75 6.77% RRSP $25.84 2007 4.64% 0.06%
Yield if held 5 yrs 3.88% 5.48% 4.37% 7.31% 20.11% 27.03% 48.48% 39.06% 26.57% 7.31% 5.53% 4.51% 4.19% 5.13% 13.71% <-Median-> 10 Dividends
Yield if held 10 yrs 2.00% 2.42% 3.35% 5.17% 9.25% 19.42% 43.84% 38.25% 41.14% 28.74% 27.03% 34.85% 26.79% 17.71% 27.88% <-Median-> 10 Dividends
H/LYield held 15 yrs 10.00% 19.39% 29.31% 29.08% 13.22% 19.42% 31.51% 26.23% 27.43% 19.42% <-Median-> 7 Dividends
H/LYield held 20 yrs 10.00% 13.94% 20.10% 19.39% 11.97% <-Median-> 2 Dividends
Graham Price $8.84 $4.98 $10.07 $7.61 $27.11 $24.16 $33.94 $23.56 $36.72 $18.62 $18.30 $23.85 $23.97 $24.88 Cl Pr higher/lower by?
Prem/Disc High -47.4% -21.7% -45.5% 17.0% -41.9% -5.8% -13.4% 46.3% -15.1% -2.1% 28.0% 15.7% -3.95% <-Median-> 10 Graham price
Prem/Disc Med. -58.1% -33.7% -55.5% -11.0% -49.6% -25.2% -24.9% 21.4% -36.3% -25.3% 10.6% -1.0% -25.04% <-Median-> 10 Graham price
Prem/Disc Low -68.9% -45.8% -65.6% -38.9% -57.2% -44.5% -36.3% -3.4% -57.5% -48.6% -6.9% -17.7% -41.71% <-Median-> 10 Graham price
Prem/Disc Cl -67.2% -27.7% -49.4% 15.5% -42.8% -9.6% -21.3% 8.0% -48.3% -4.8% 25.1% -6.0% 14.5% 10.3% -7.78% <-Median-> 10 Graham price
Price Cl $2.90 $3.60 $5.10 $8.79 $15.50 $21.85 $26.70 $25.45 $19.00 $17.73 $22.90 $22.42 $27.45 $27.45 522.78% <-Total Growth 10 Stock Price
Increase -24.48% 24.14% 41.67% 72.35% 76.34% 40.97% 22.20% -4.68% -25.34% -6.68% 29.16% -2.10% 22.44% 0.00% 20.07% <-IRR #YR-> 10 Stock Price
P/E 5.47 21.18 7.50 22.54 4.34 8.95 7.48 14.46 5.21 -11.51 19.74 11.68 14.15 13.13 -3.43% <-IRR #YR-> 5 Stock Price
Trailing P/E 3.92 6.79 30.00 12.93 39.74 6.12 10.94 7.13 10.80 4.86 -14.87 19.33 14.30 14.15 32.08% <-IRR #YR-> 10 Price & Div
Median 10, 5 Yrs D.  per yr 12.01% 5.40% % Tot Ret 37.44% 274.70% Price Inc -4.68% P/E:  8.23 11.68 1.97% <-IRR #YR-> 5 Price & Div
-$3.60 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $22.42
-$26.70 $0.00 $0.00 $0.00 $0.00 $22.42
-$3.60 $0.20 $0.32 $0.70 $1.00 $1.60 $1.75 $1.80 $1.00 $1.00 $23.57
-$26.70 $1.75 $1.80 $1.00 $1.00 $23.57
Price H/L Median $3.70 $3.30 $4.48 $6.78 $13.68 $18.08 $25.50 $28.61 $23.38 $13.91 $20.24 $23.62 615.61% <-Total Growth 10 Stock Price
Increase 6.32% -10.81% 35.76% 51.23% 101.85% 32.18% 41.05% 12.22% -18.30% -40.49% 45.51% 16.67% 21.75% <-IRR #YR-> 10 Stock Price
P/E 6.98 19.41 6.59 17.37 3.83 7.41 7.14 16.26 6.40 -9.03 17.45 12.30 -1.52% <-IRR #YR-> 5 Stock Price
Trailing P/E 5.00 6.23 26.35 9.96 35.06 5.06 10.45 8.01 13.28 3.81 -13.14 20.36 34.20% <-IRR #YR-> 10 Price & Div
Median 10, 5 Yrs D.  per yr 12.46% 5.52% % Tot Ret 36.41% 138.03% Price Inc 12.22% P/E:  7.27 12.30 4.00% <-IRR #YR-> 5 Price & Div
-$3.30 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $23.62
-$25.50 $0.00 $0.00 $0.00 $0.00 $23.62
-$3.30 $0.20 $0.32 $0.70 $1.00 $1.60 $1.75 $1.85 $1.00 $1.00 $24.77
-$25.50 $1.75 $1.85 $1.00 $1.00 $24.77
Hi Mths May Dec May Dec Dec Dec Nov May Jun Oct Dec Apr
Price Hi $4.65 $3.90 $5.49 $8.90 $15.75 $22.75 $29.38 $34.47 $31.16 $18.24 $23.43 $27.60 607.69% <-Total Growth 10 Stock Price
Increase 17.72% -16.13% 40.77% 62.11% 76.97% 44.44% 29.14% 17.32% -9.60% -41.46% 28.45% 17.80% 21.61% <-IRR #YR-> 10 Stock Price
P/E 8.77 22.94 8.07 22.82 4.41 9.32 8.23 19.59 8.54 -11.84 20.20 14.38 -1.24% <-IRR #YR-> 5 Stock Price
Trailing P/E 6.28 7.36 32.29 13.09 40.38 6.37 12.04 9.66 17.70 5.00 -15.21 23.79
Median 10, 5 Yrs Price Inc 17.32% P/E:  8.93 14.38
-$3.90 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $27.60
-$29.38 $0.00 $0.00 $0.00 $0.00 $27.60
Low Mths Dec Feb Feb Jan Mar May Jan Nov Dec Mar Jan Oct
Price Low $2.75 $2.70 $3.47 $4.65 $11.60 $13.40 $21.61 $22.75 $15.59 $9.58 $17.05 $19.63 627.04% <-Total Growth 10 Stock Price
Increase -8.64% -1.82% 28.52% 34.01% 149.46% 15.52% 61.27% 5.28% -31.47% -38.55% 77.97% 15.13% 21.94% <-IRR #YR-> 10 Stock Price
P/E 5.19 15.88 5.10 11.92 3.25 5.49 6.05 12.93 4.27 -6.22 14.70 10.22 -1.90% <-IRR #YR-> 5 Stock Price
Trailing P/E 3.72 5.09 20.41 6.84 29.74 3.75 8.86 6.37 8.86 2.62 -11.07 16.92
Median 10, 5 Yrs Price Inc 5.28% P/E:  5.77 10.22
-$2.70 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $19.63
Market Cap $109.89 $137.01 $194.09 $378.18 $773 $1,107 $1,665 $1,605 $1,134 $1,058 $1,374 $1,347 $1,649 $1,649
# of Sh in M 37.89 38.06 38.06 43.02 49.89 50.66 62.37 63.07 59.70 59.70 59.98 60.07 60.07 60.07 4.67% <-IRR #YR-> 10 Shares
Increase -20.21% 0.44% 0.00% 13.05% 15.95% 1.54% 23.12% 1.12% -5.34% 0.01% 0.47% 0.16% 0.00% 0.00% -0.75% <-IRR #YR-> 5 Shares
CF fr Op $M -$5.2 $93.1 $26.5 $152.1 $8.0 $135.9 -$1.5 $210.7 $56.6 $291.1 $80.7 $56.2 $142.4 $145.4 -40% <-Total Growth 10 Cash Flow
OPS -$0.14 $2.45 $0.70 $3.53 $0.16 $2.68 -$0.02 $3.34 $0.95 $4.88 $1.35 $0.94 $2.37 $2.42 -62% <-Total Growth 10 Cash Flow
Increase -104.6% -1875% -71.5% 407.2% -95.5% 1576.1% -100.9% -13991% -71.6% 414.3% -72.4% -30.5% 153.3% 2.1% -9.17% <-IRR #YR-> 10 Cash Flow
Non-Cash CF $60.3 -$54.9 $29.1 -$111.2 $202.6 $13.7 $180.0 -$70.3 $201.5 -$335.5 $18.0 $91.4 $0.0 $0.0 -16.10% <-IRR #YR-> 6 Cash Flow
OPS non-cash $1.45 $1.00 $1.46 $0.95 $4.22 $2.95 $2.86 $2.23 $4.32 -$0.74 $1.65 $2.46 $2.37 $2.42 9.36% <-IRR #YR-> 10 Cash Flow
Increase 22.9% -30.9% 45.6% -35.0% 344.4% -30.1% -3.1% -22.2% 94.2% -117.2% -321.3% 49.3% -3.5% 2.1% -3.01% <-IRR #YR-> 5 Cash Flow
P/O on Cl 2.00 3.58 3.49 9.25 3.67 7.40 9.33 11.43 4.39 -23.84 13.92 9.12 11.58 11.34
*Operational Cash Flow per share (excluding changes in non-working capital) P/CF 10 yr 8.26 5 yr  9.12
-$2.45 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.94
-$2.68 $0.00 $0.00 $0.00 $0.00 $0.00 $0.94
-$1.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.46
-$2.86 $0.00 $0.00 $0.00 $0.00 $2.46
OPM -0.3% 6.6% 1.9% 10.1% 0.3% 5.2% -0.1% 8.2% 1.7% 14.8% 3.7% 2.1% should be zero, it is a check on calculations
Diff from Ave -111.8% 129.1% -34.8% 248.2% -88.6% 79.4% -101.9% 184.1% -42.0% 409.4% 28.0% -28.0% 0.00 <-Median-> 10 OPM
*Operational Profit Margin (CF/Revenue) Ratio OPM 10 Yrs 2.90% 5 Yrs 3.71%
Curr Assets $562.26 $490.68 $563.54 $583.01 $937.79 $888.00 $1,212.40 $1,108.60 $1,414.5 $1,153.2 $1,177.0 $1,301.8 Liq ratio of 1.5 and up, best Assets
Curr Liab. $214.23 $162.35 $212.21 $309.72 $450.86 $323.00 $298.90 $297.90 $517.3 $255.0 $297.9 $381.5 3.08 <-Median-> 10 Liabilities
Liquidity 2.62 3.02 2.66 1.88 2.08 2.75 4.06 3.72 2.73 4.52 3.95 3.41 3.72 <-Median-> 5 Ratio
Liq. with CF aft div 2.56 3.55 2.74 2.33 2.02 3.01 3.72 4.06 2.64 5.43 4.02 3.38 4.02 <-Median-> 5 Ratio
Liq. CF re  Inv+Div  2.92 2.98 2.74 1.72 1.93 2.81 3.48 2.80 2.37 5.17 3.96 3.23 3.23 <-Median-> 5 Ratio
Assets $694.46 $636.87 $695.59 $790.62 $1,146.48 $1,095.20 $1,422.20 $1,403.30 $1,750.7 $1,435.7 $1,437.1 $1,538.4 A/L ratio of 1.5 and up, best Assets
Liab. $446.40 $390.15 $443.15 $506.78 $689.91 $556.50 $527.60 $519.50 $770.6 $642.5 $639.0 $719.0 2.19 <-Median-> 10 Liabilities
Debt Ratio 1.56 1.63 1.57 1.56 1.66 1.97 2.70 2.70 2.27 2.23 2.25 2.14 2.25 <-Median-> 5 Ratio
Equity $798.10 $819.40
Convertible Deb. $28.10 $28.70
Book Value $248.06 $246.72 $252.44 $283.84 $456.57 $538.70 $894.60 $883.80 $980.10 $793.20 $770.00 $790.70 220.49% <-Total Growth 10 Book Value
BV per share $6.55 $6.48 $6.63 $6.60 $9.15 $10.63 $14.34 $14.01 $16.42 $13.29 $12.84 $13.16 $13.16 $13.16 103.04% <-Total Growth 10 Book Value
Change 22.25% -0.97% 2.32% -0.54% 38.72% 16.20% 34.88% -2.30% 17.16% -19.07% -3.38% 2.53% 0.00% 0.00% 1.2278 Current/Historical Book Value
P/BV (CL) 0.44 0.56 0.77 1.33 1.69 2.05 1.86 1.82 1.16 1.33 1.78 1.70 2.09 2.09 7.34% <-IRR #YR-> 10 Book Value
Change -38.23% 25.36% 38.46% 73.29% 27.12% 21.32% -9.41% -2.44% -36.28% 15.31% 33.67% -4.51% 22.44% 0.00% -1.70% <-IRR #YR-> 5 Book Value
Leverage (A/BK) 2.80 2.58 2.76 2.79 2.51 2.03 1.59 1.59 1.79 1.81 1.87 1.95 #DIV/0! #DIV/0! 1.91 <-Median-> 10 A/BV
Debt/Equity Ratio 1.80 1.58 1.76 1.79 1.51 1.03 0.59 0.59 0.79 0.81 0.83 0.91 #DIV/0! #DIV/0! 0.87 <-Median-> 10 Debt/Eq Ratio
Median P/BV 10 yr Ave 1.70 5 yr Ave 1.70
-$6.48 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $13.16
-$14.34 $0.00 $0.00 $0.00 $0.00 $13.16
ROE 10.6% 29.8% -18.4% 7.6% 14.2% 10.57% <-Median-> 5 Compreh. Inc
Comprehensive Inc $93.40 $291.70 -$146.30 $58.70 $112.20 Compreh. Inc
5Yr Median 10.57%
ROE 9.6% 3.5% 11.6% 6.5% 39.0% 23.1% 17.7% 12.6% 23.3% -11.6% 9.1% 15.0% Net Income/Shareholders' equity ROE
5Yr Median 13.0% 13.0% 11.6% 9.6% 9.6% 11.6% 17.7% 17.7% 23.1% 17.7% 12.6% 12.6% ROE
Net Income $23.90 $8.61 $29.24 $18.50 $177.85 $124.50 $158.70 $111.20 $228.50 -$92.00 $69.70 $118.30 1274.30% <-Total Growth 10 Net Income
Oper C. F. -$5.22 $93.14 $26.52 $152.08 $7.99 $135.90 -$1.50 $210.70 $56.60 $291.10 $80.70 $56.20 C F Statement  Oper C. F.
Invest. C. F $26.35 -$31.27 $0.00 -$108.86 -$20.57 -$23.40 -$20.60 -$133.50 -$57.90 -$13.00 -$4.80 -$17.30 C F Statement  Invest. C. F
Total Accruals $2.77 -$53.26 $2.72 -$24.72 $190.43 $12.00 $180.80 $34.00 $229.80 -$370.10 -$6.20 $79.40 Accruals
Total Assets $694.46 $636.87 $695.59 $790.62 $1,146.48 $1,095.20 $1,422.20 $1,403.30 $1,750.7 $1,435.7 $1,437.1 $1,538.4 Balance Sheet Assets
Accruals Ratio 0.40% -8.36% 0.39% -3.13% 16.61% 1.10% 12.71% 2.42% 13.13% -25.78% -0.43% 5.16% Ratio
Chge in Cl -24.48% 24.14% 41.67% 72.35% 76.34% 40.97% 22.20% -4.68% -25.34% -6.68% 29.16% -2.10%
Fin. C. F  -$32.16 -$63.12 $12.66 -$50.58 -$4.66 -$72.50 $185.30 -$99.70 -$136.50 $38.50 -$100.80 -$97.60 C F Statement  Fin. C. F
Total Accruals $34.94 $9.86 -$9.95 $25.86 $195.09 $84.50 -$4.50 $133.70 $366.30 -$408.60 $94.60 $177.00 Accruals
Accruals Ratio 5.03% 1.55% -1.43% 3.27% 17.02% 7.72% -0.32% 9.53% 20.92% -28.46% 6.58% 11.51% Ratio
Cash $0.00 $0.00 $0.00 $0.00 $0.60 $47.10 $209.90 $181.80 $44.90 $359.60 $323.70 $270.70
Mar 10, 2012.  Last Estimates were for 2011 and 2012 and  were $1.91 and $2.03 for EPS and were $2.60 and 2.50 for CF.
May 24, 2011. Last I looked, I got estimates for 2010 and 2011 of $1.14 amd $1.42 for earnings and $1.71 and $1.86 for cash flows.
Jan 4, 2010.  Last estimates for 2010 and 2011 for earnings was $1.30 and $1.60 and $1.86 and $2.07 for CF.
June 4, 2010.  When I last looked at this stock, I got 2010 and 2011 estimates of $1.20 and $1.52 for earnings and $1.75 and $2.05 for cash flow.
Apri 13, 2010.  When I last looked at this stock I got 2009 and 2010 earnings of $.05 and $1.30 and cash flow of -$.40 and $1.60. Problem with cash flow on this stock is the effect 
changes in non-working capital has on cash flow.  From 2003, I went back and adjusted for changes in non-working capital.
April 2009 - AR 2008. As far as I can see the Dividends were reduced in 2009 due to Loan Covenants.  The main problems I see is low cash flow and high accrual ratio.
What the above again points out is how important cash flow is.
AP 2007.  It has had a rough year, but so have lots of other companies.  I should wait and see what happens.  TD has buy rating, but 3 analyst re G&M say hold.
I think I need to reduce my holdings of Loblaws and buy something with dividends to replace part of it.  With Russel Metals, both Mike and TD recommend buying at this time.  
However I should keep a watch on this stock as it has had some troubles in the past.
Increase in shares are small dribbles from stock options.  In 2006 they issued stock to rise money.
How they make their money
This company does metal distribution and processing North America. It operates in three segments of metals service centers, energy tubular products and steel distributors under various names including 
Russel Metals, A. J. Forsyth, Acier Leroux, Acier Loubier, Acier Richler, Arrow Steel Processors, B&T Steel, Baldwin International, Comco Pipe and Supply, Fedmet Tubulars, JMS Russel Metals, Leroux Steel, 
McCabe Steel, Mégantic Métal, Métaux Russel, Métaux Russel Produits Spécialisés, Milspec, Norton Metals, Pioneer Pipe, Russel Metals Specialty Products, Russel Metals Williams Bahcall, Spartan Steel 
Products, Sunbelt Group, Triumph Tubular & Supply, Wirth Steel and York-Ennis.
For most ratios, lower is better when looking for a good stock price.  However, there are exceptions such as for yield (dividends and erarnings) and asset/liability ratios and here you want a higher ratios to indicate a good stock price.  
Also, for the Operational Profit Margin, a higher percentage is better.  With the OPM, you should only compare companies in similar industries.
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