Added to YB: 2024-04-01
Pitch date: 2024-03-30
BLDR [neutral]
Builders FirstSource, Inc.
-46.6%
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
$208.65
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.26
P/E
29.49
EV/Sales
1.16
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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