Added to YB: 2025-05-29
Pitch date: 2025-05-27
SSD [bullish]
Simpson Manufacturing Co., Inc.
+7.96%
current return
Author Info
No bio for this author
Company Info
Simpson Manufacturing Co., Inc., through its subsidiaries, designs, engineers, manufactures, and sells structural solutions for wood, concrete, and steel connections in North America, Europe, and the Asia Pacific.
Market Cap
$6.8B
Pitch Price
$156.98
Price Target
N/A
Dividend
0.71%
EV/EBITDA
12.48
P/E
20.02
EV/Sales
3.02
Sector
Building Products
Category
growth
$SSD - Simpson Manufacturing Company
SSD: Structural connector maker with 75%+ market share in wood framing. Strong moat: 70-year history, products built into codes, 24-48hr fulfillment, superior testing capabilities. 45-46% GM, 18.5-21% op margin. Growing 400-500bps faster than market. Normalized FCF ~$330M (5% yield). Risks: housing cycle, competition, rates. Low-teens IRR potential at fair valuation.
Read full article (4 min)