Added to YB: 2024-04-01
Pitch date: 2024-03-30
BLDR [neutral]
Builders FirstSource, Inc.
-64.6%
current return
Author Info
Company Info
Builders FirstSource, Inc., together with its subsidiaries, provides building materials for professional builders in new residential construction and repair, and remodeling in the United States.
Market Cap
$7.8B
Pitch Price
$208.65
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.24
P/E
27.45
EV/Sales
0.88
Sector
Building Products
Category
growth
Builders FirstSource, Inc. - $BLDR
BLDR: Leading building materials supplier, 20x in 10yrs due to industry consolidation (2.6% share), value-added services, digital platforms creating sticky builder relationships. Scale enables better pricing & efficiencies. Tailwinds: 3-4M home shortage, 1.5M annual demand, limited 1.7M build capacity. Strong FCF ~$2B/yr, leveraged buybacks -41% shares, ROIC focus. Risks: Housing cyclicality, lofty valuation post-run. Impressive execution growing rev+margins.
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