Professional
Added to YB: 2022-11-08
Pitch date: 2022-11-08
BLDR [bullish]
Builders FirstSource, Inc.
+42.49%
current return
Author Info
Praetorian Capital is a hedge fund managed by Harris “Kuppy” Kupperman dedicated to seeking non-correlated, asymmetric and absolute returns. Sign up for the newsletter.
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
$8.9B
Pitch Price
$59.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.82
P/E
21.36
EV/Sales
0.91
Sector
Building Products
Category
value
Praetorian Capital Q3 2022 fund letter - Builders FirstSource
BLDR: Bullish on low multiple to cash flow & rapid buybacks. Believe in long-term housing boom from migration to low tax states & catch-up from below-trend construction. View 1M+ new homes/yr as baseline, not peak, earnings despite rate volatility risk.
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