Professional
Added to YB: 2026-04-16
Pitch date: 2026-04-14
BLDR [neutral]
Builders FirstSource, Inc.
-3.04%
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
$9.4B
Pitch Price
$87.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.13
P/E
22.50
EV/Sales
0.94
Sector
Building Products
Category
value
Black Bear Value Partners Portfolio Holding: Builders FirstSource, Inc.
BLDR (holding update): Down 20% Q1 after 28% decline in 2025 on housing weakness. Generated $875M FCF 2025 (~10% yield). 2026 est similar range. 40%+ value-add products vs cyclical lumber. Structural US housing shortage + higher rates lock homeowners in, boosting new build share. Normalized FCF $9-$12/share = 10-13% yield w/ no growth priced in. Long-term thesis intact.
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