Five Star Steel, Inc.
How we got $8.9M
Based on its 19 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 46% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FIVE STAR STEEL, INC. this business | $22.9M | — |
| METALTECH, INC. Oklahoma City · 6 employees | $6.7M | 1.3 mi |
| BOARDMAN LLC Oklahoma City · 85 employees | $141.6M | 5.1 mi |
| CLASSIC IRON WORKS Yukon · 13 employees | $15.4M | 6.5 mi |
| MAX C. EPPS LLC Oklahoma City · 1 employees | $1.8M | 6.6 mi |
| ASSURANCE MANUFACTURING LLC Edmond · 2 employees | $3.5M | 20.2 mi |
| ROFF IRON & SALES, INC. Roff · 8 employees | $14.1M | 74.3 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $28.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $14.3M |
| Estimate: the two combined (geometric mean) | $22.9M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $1.9M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $8.9M |
| Multiple for this size and industry | 4.7× |
| Value range | $4.7M – $12.2M |
| Revenue range | $15.1M – $26.1M |
| EBITDA range | $1.2M – $2.2M |
| Industry (NAICS) | Iron and Steel Mills and Ferroalloy Manufacturing (331110) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingINTRUST Bank, National AssociationPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| INTRUST Bank, National Association PPP 2020, PPP 2021 | All 170 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $183K | 19 |
| 1/22/2021 | second | $127K | 19 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Five Star Steel, Inc.
Five Star Steel, Inc. is an iron and steel mills and ferroalloy manufacturing company in Oklahoma City, Oklahoma, in business since 2000. Its estimated annual revenue is about $22.9M, with roughly $1.9M of EBITDA. It has about 19 employees. Its estimated business value is $8.9M (likely range $4.7M–$12.2M).
Common questions
- Who owns Five Star Steel, Inc.?
- The owner of Five Star Steel, Inc. isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Five Star Steel, Inc. make?
- SeeBITDA estimates Five Star Steel, Inc.'s annual revenue at about $22.9M (likely between $15.1M and $26.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Five Star Steel, Inc. worth?
- About $8.9M, roughly 4.7× its estimated EBITDA of $1.9M, typical for a iron and steel mills and ferroalloy manufacturing company its size. Likely range: $4.7M–$12.2M.
- How many employees does Five Star Steel, Inc. have?
- About 19, as reported on its PPP loan.
- When was Five Star Steel, Inc. founded?
- Five Star Steel, Inc. has been in business since 2000.