<- Go home

Added to YB: 2025-03-26

Pitch date: 2025-03-24

QXO [bullish]

QXO, Inc.

+54.37%

current return

Author Info

Sophon Capital Management is a solo analyst with experience both on the buyside (at a Tiger Grand Cub, long/short hedge fund) and on the sell-side (covering Internet at a Wall Street investment bank) who is scouring the public markets for compounding machines and hidden assets. Sign up for the newsletter.

Company Info

QXO, Inc. distributes roofing, waterproofing, and other building products in the United States. It offers asphalt, metal roofing, wood roofing, tile roofing, slate roofing, roofing accessories, and roofing insulation products; vinyl siding, aluminum siding, steel siding, fiber cement siding, wood and composite siding, trim and accessories, and gutters and accessories; built-up roofing, modified roofing, EPDM roofing, PVC roofing, and low-slope metal roofing; as well as air and vapor barriers, fluid-applied products, repair and protection solutions, and membrane waterproofing products.

Market Cap

$14.6B

Pitch Price

$13.83

Price Target

152.00 (+612%)

Dividend

N/A

EV/EBITDA

40.11

P/E

-42.57

EV/Sales

3.72

Sector

Trading Companies and Distributors

Category

growth

Show full summary:
QXO, Inc.: Jacobs’ Fourth M&A Play Targets 5-11x Returns

QXO: Brad Jacobs' 4th M&A roll-up in fragmented building products. History of success w/ URI (+3,557%) & XPO (+8,314%). Buying at 4-6x EBITDA, platform trades 12-14x. 5-11x potential in 9yrs ($50-60B rev, 8-12% EBITDA margin, 12-14x multiple). Risk: Jacobs' motivation given prior success.

Read full article (1 min)