TOPBUILD CORP (BLD) Stock Fundamental Analysis
USA - NYSE:BLD - US89055F1030 - Common Stock
435.04 USD
+0.27 (+0.06%)
435.04 USD
0 (0%)
Overall BLD gets a fundamental rating of 6 out of 10. We evaluated BLD against 63 industry peers in the Household Durables industry. Both the health and profitability get an excellent rating, making BLD a very profitable company, without any liquidiy or solvency issues. BLD is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
BLD had positive earnings in the past year.
In the past year BLD had a positive cash flow from operations.
Each year in the past 5 years BLD has been profitable.
In the past 5 years BLD always reported a positive cash flow from operatings.
1.2 Ratios
BLD has a Return On Assets of 11.61%. This is amongst the best in the industry. BLD outperforms 90.48% of its industry peers.
BLD's Return On Equity of 27.73% is amongst the best of the industry. BLD outperforms 96.83% of its industry peers.
BLD has a Return On Invested Capital of 14.80%. This is amongst the best in the industry. BLD outperforms 84.13% of its industry peers.
BLD had an Average Return On Invested Capital over the past 3 years of 15.92%. This is significantly above the industry average of 10.32%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.61% | ||
| ROE | 27.73% | ||
| ROIC | 14.8% |
ROA(3y)12.37%
ROA(5y)10.7%
ROE(3y)26.98%
ROE(5y)23.81%
ROIC(3y)15.92%
ROIC(5y)13.9%
1.3 Margins
BLD's Profit Margin of 11.40% is amongst the best of the industry. BLD outperforms 87.30% of its industry peers.
In the last couple of years the Profit Margin of BLD has grown nicely.
BLD's Operating Margin of 16.84% is amongst the best of the industry. BLD outperforms 92.06% of its industry peers.
BLD's Operating Margin has improved in the last couple of years.
BLD has a better Gross Margin (30.17%) than 61.90% of its industry peers.
BLD's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.84% | ||
| PM (TTM) | 11.4% | ||
| GM | 30.17% |
OM growth 3Y6.74%
OM growth 5Y9.23%
PM growth 3Y7.92%
PM growth 5Y9.92%
GM growth 3Y2.94%
GM growth 5Y3.26%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BLD is creating some value.
The number of shares outstanding for BLD has been reduced compared to 1 year ago.
The number of shares outstanding for BLD has been reduced compared to 5 years ago.
BLD has a worse debt/assets ratio than last year.
2.2 Solvency
BLD has an Altman-Z score of 5.25. This indicates that BLD is financially healthy and has little risk of bankruptcy at the moment.
BLD has a better Altman-Z score (5.25) than 79.37% of its industry peers.
The Debt to FCF ratio of BLD is 2.37, which is a good value as it means it would take BLD, 2.37 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of BLD (2.37) is better than 73.02% of its industry peers.
A Debt/Equity ratio of 0.86 indicates that BLD is somewhat dependend on debt financing.
BLD has a worse Debt to Equity ratio (0.86) than 66.67% of its industry peers.
Even though the debt/equity ratio score it not favorable for BLD, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | 2.37 | ||
| Altman-Z | 5.25 |
ROIC/WACC1.66
WACC8.89%
2.3 Liquidity
A Current Ratio of 2.83 indicates that BLD has no problem at all paying its short term obligations.
BLD has a Current ratio (2.83) which is comparable to the rest of the industry.
BLD has a Quick Ratio of 2.29. This indicates that BLD is financially healthy and has no problem in meeting its short term obligations.
BLD's Quick ratio of 2.29 is amongst the best of the industry. BLD outperforms 88.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.83 | ||
| Quick Ratio | 2.29 |
3. Growth
3.1 Past
BLD shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.97%.
Measured over the past years, BLD shows a very strong growth in Earnings Per Share. The EPS has been growing by 30.78% on average per year.
The Revenue has decreased by -0.77% in the past year.
The Revenue has been growing by 15.22% on average over the past years. This is quite good.
EPS 1Y (TTM)1.97%
EPS 3Y24.7%
EPS 5Y30.78%
EPS Q2Q%-2.03%
Revenue 1Y (TTM)-0.77%
Revenue growth 3Y15.2%
Revenue growth 5Y15.22%
Sales Q2Q%-4.99%
3.2 Future
BLD is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.44% yearly.
BLD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.08% yearly.
EPS Next Y-3.05%
EPS Next 2Y2.37%
EPS Next 3Y5.44%
EPS Next 5YN/A
Revenue Next Year-1.58%
Revenue Next 2Y1.82%
Revenue Next 3Y1.08%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 20.97, the valuation of BLD can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of BLD is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 27.40. BLD is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 19.73, the valuation of BLD can be described as rather expensive.
Based on the Price/Forward Earnings ratio, BLD is valued a bit more expensive than the industry average as 60.32% of the companies are valued more cheaply.
When comparing the Price/Forward Earnings ratio of BLD to the average of the S&P500 Index (22.94), we can say BLD is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.97 | ||
| Fwd PE | 19.73 |
4.2 Price Multiples
BLD's Enterprise Value to EBITDA ratio is in line with the industry average.
BLD's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BLD is cheaper than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.4 | ||
| EV/EBITDA | 13 |
4.3 Compensation for Growth
The excellent profitability rating of BLD may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.68
EPS Next 2Y2.37%
EPS Next 3Y5.44%
5. Dividend
5.1 Amount
BLD does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
435.04
+0.27 (+0.06%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners106.22%
Inst Owner Change-0.04%
Ins Owners0.47%
Ins Owner Change-3.28%
Market Cap12.24B
Analysts80
Price Target452.06 (3.91%)
Short Float %4.84%
Short Ratio3.71
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.49%
Min EPS beat(2)3.24%
Max EPS beat(2)3.75%
EPS beat(4)4
Avg EPS beat(4)1.97%
Min EPS beat(4)0.28%
Max EPS beat(4)3.75%
EPS beat(8)7
Avg EPS beat(8)3.08%
EPS beat(12)11
Avg EPS beat(12)6.5%
EPS beat(16)14
Avg EPS beat(16)7.7%
Revenue beat(2)0
Avg Revenue beat(2)-1.1%
Min Revenue beat(2)-1.34%
Max Revenue beat(2)-0.86%
Revenue beat(4)0
Avg Revenue beat(4)-1.46%
Min Revenue beat(4)-2.54%
Max Revenue beat(4)-0.86%
Revenue beat(8)1
Avg Revenue beat(8)-1.34%
Revenue beat(12)4
Avg Revenue beat(12)-0.02%
Revenue beat(16)7
Avg Revenue beat(16)0.72%
PT rev (1m)0.47%
PT rev (3m)26.52%
EPS NQ rev (1m)-0.45%
EPS NQ rev (3m)-1.02%
EPS NY rev (1m)0%
EPS NY rev (3m)0.44%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.73%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)1.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.97 | ||
| Fwd PE | 19.73 | ||
| P/S | 2.35 | ||
| P/FCF | 15.4 | ||
| P/OCF | 14.35 | ||
| P/B | 5.71 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13 |
EPS(TTM)20.75
EY4.77%
EPS(NY)22.05
Fwd EY5.07%
FCF(TTM)28.25
FCFY6.49%
OCF(TTM)30.32
OCFY6.97%
SpS185.36
BVpS76.19
TBVpS-18.24
PEG (NY)N/A
PEG (5Y)0.68
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.61% | ||
| ROE | 27.73% | ||
| ROCE | 19.94% | ||
| ROIC | 14.8% | ||
| ROICexc | 18.3% | ||
| ROICexgc | 71.99% | ||
| OM | 16.84% | ||
| PM (TTM) | 11.4% | ||
| GM | 30.17% | ||
| FCFM | 15.24% |
ROA(3y)12.37%
ROA(5y)10.7%
ROE(3y)26.98%
ROE(5y)23.81%
ROIC(3y)15.92%
ROIC(5y)13.9%
ROICexc(3y)18.11%
ROICexc(5y)15.68%
ROICexgc(3y)69.41%
ROICexgc(5y)65%
ROCE(3y)21.45%
ROCE(5y)18.73%
ROICexcg growth 3Y15.87%
ROICexcg growth 5Y6.71%
ROICexc growth 3Y20.83%
ROICexc growth 5Y11.45%
OM growth 3Y6.74%
OM growth 5Y9.23%
PM growth 3Y7.92%
PM growth 5Y9.92%
GM growth 3Y2.94%
GM growth 5Y3.26%
F-Score5
Asset Turnover1.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | 2.37 | ||
| Debt/EBITDA | 1.8 | ||
| Cap/Depr | 40.8% | ||
| Cap/Sales | 1.12% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 83.54% | ||
| Profit Quality | 133.71% | ||
| Current Ratio | 2.83 | ||
| Quick Ratio | 2.29 | ||
| Altman-Z | 5.25 |
F-Score5
WACC8.89%
ROIC/WACC1.66
Cap/Depr(3y)53.16%
Cap/Depr(5y)58.99%
Cap/Sales(3y)1.35%
Cap/Sales(5y)1.43%
Profit Quality(3y)105.6%
Profit Quality(5y)110.48%
High Growth Momentum
Growth
EPS 1Y (TTM)1.97%
EPS 3Y24.7%
EPS 5Y30.78%
EPS Q2Q%-2.03%
EPS Next Y-3.05%
EPS Next 2Y2.37%
EPS Next 3Y5.44%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.77%
Revenue growth 3Y15.2%
Revenue growth 5Y15.22%
Sales Q2Q%-4.99%
Revenue Next Year-1.58%
Revenue Next 2Y1.82%
Revenue Next 3Y1.08%
Revenue Next 5YN/A
EBIT growth 1Y-3.19%
EBIT growth 3Y22.97%
EBIT growth 5Y25.86%
EBIT Next Year13.14%
EBIT Next 3Y7.27%
EBIT Next 5YN/A
FCF growth 1Y34.09%
FCF growth 3Y26.69%
FCF growth 5Y25.58%
OCF growth 1Y28.51%
OCF growth 3Y24.41%
OCF growth 5Y23.35%