Professional
Added to YB: 2024-04-16
Pitch date: 2024-04-08
BLDR [bullish]
Builders FirstSource, Inc.
-63.24%
current return
Author Info
No bio for this author
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
$200.94
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.24
P/E
27.45
EV/Sales
0.88
Sector
Building Products
Category
value
Black Bear Value Partners Portfolio Holding: Builders FirstSource, Inc.
BLDR: Transformed from cyclical lumber biz to 40%+ value-add. Structural US housing shortage + owners locked in low rates support demand even with higher mortgage rates. Rocky 6-12mo but $15-$17 FCF/share run-rate = attractive 7-8% levered FCF yield. Expect outperformance.
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