Added to YB: 2024-06-17
Pitch date: 2024-06-14
BLDR [neutral]
Builders FirstSource, Inc.
-25.43%
current return
Author Info
Company Info
Builders FirstSource, Inc., together with its subsidiaries, manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States.
Market Cap
$12.7B
Pitch Price
$149.41
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.26
P/E
29.49
EV/Sales
1.16
Sector
Building Products
Category
value
Builders FirstSource
BLDR: Leading US building materials supplier. Fairly valued at 13 P/E given slower growth outlook. Long-term construction tailwinds intact. Value-added products, M&A fuel growth in $425B TAM (BLDR has 3.9% share). Risks: Housing slowdown, competition, customer concentration. Buybacks + 3-7% EPS growth could yield 6-17% IRR at 8-15 P/E. Quality business to watch.
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