Summit Materials, Inc. (SUM)
NYSE: SUM · IEX Real-Time Price · USD
39.37
-0.75 (-1.87%)
May 22, 2024, 4:00 PM EDT - Market closed

Summit Materials Statistics

Total Valuation

SUM has a market cap or net worth of $6.91 billion. The enterprise value is $9.29 billion.

Market Cap 6.91B
Enterprise Value 9.29B

Important Dates

The last earnings date was Wednesday, May 1, 2024, after market close.

Earnings Date May 1, 2024
Ex-Dividend Date n/a

Share Statistics

SUM has 175.47 million shares outstanding. The number of shares has increased by 41.15% in one year.

Shares Outstanding 175.47M
Shares Change (YoY) +41.15%
Shares Change (QoQ) +39.10%
Owned by Insiders (%) 31.95%
Owned by Institutions (%) 70.36%
Float 119.73M

Valuation Ratios

The trailing PE ratio is 17.58 and the forward PE ratio is 21.67. SUM's PEG ratio is 1.44.

PE Ratio 17.58
Forward PE 21.67
PS Ratio 2.31
Forward PS 1.52
PB Ratio 1.64
P/FCF Ratio 48.77
PEG Ratio 1.44
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 12.10, with an EV/FCF ratio of 65.56.

EV / Earnings 37.17
EV / Sales 3.11
EV / EBITDA 12.10
EV / EBIT 19.00
EV / FCF 65.56

Financial Position

The company has a current ratio of 2.58, with a Debt / Equity ratio of 0.68.

Current Ratio 2.58
Quick Ratio 1.85
Debt / Equity 0.68
Debt / EBITDA 3.75
Debt / FCF 20.30
Interest Coverage 3.53

Financial Efficiency

Return on equity (ROE) is 9.20% and return on invested capital (ROIC) is 2.83%.

Return on Equity (ROE) 9.20%
Return on Assets (ROA) 4.50%
Return on Capital (ROIC) 2.83%
Revenue Per Employee $563,980
Profits Per Employee $47,131
Employee Count 5,300
Asset Turnover 0.54
Inventory Turnover 7.44

Taxes

In the past 12 months, SUM has paid $100.24 million in taxes.

Income Tax 100.24M
Effective Tax Rate 28.64%

Stock Price Statistics

The stock price has increased by +21.74% in the last 52 weeks. The beta is 1.34, so SUM's price volatility has been higher than the market average.

Beta (1Y) 1.34
52-Week Price Change +21.74%
50-Day Moving Average 40.99
200-Day Moving Average 37.27
Relative Strength Index (RSI) 43.53
Average Volume (30 Days) 997,387

Short Selling Information

The latest short interest is 4.28 million, so 2.44% of the outstanding shares have been sold short.

Short Interest 4.28M
Short Previous Month 4.16M
Short % of Shares Out 2.44%
Short % of Float 3.57%
Short Ratio (days to cover) 5.51

Income Statement

In the last 12 months, SUM had revenue of $2.99 billion and earned $249.79 million in profits. Earnings per share was $2.24.

Revenue 2.99B
Gross Profit 856.71M
Operating Income 281.25M
Pretax Income 350.03M
Net Income 249.79M
EBITDA 767.70M
EBIT 488.66M
Earnings Per Share (EPS) $2.24
Full Income Statement

Balance Sheet

The company has $498.11 million in cash and $2.88 billion in debt, giving a net cash position of -$2.38 billion or -$13.55 per share.

Cash & Cash Equivalents 498.11M
Total Debt 2.88B
Net Cash -2.38B
Net Cash Per Share -$13.55
Equity / Book Value 4.22B
Book Value Per Share 24.04
Working Capital 822.95M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $398.28 million and capital expenditures -$256.64 million, giving a free cash flow of $141.64 million.

Operating Cash Flow 398.28M
Capital Expenditures -256.64M
Free Cash Flow 141.64M
FCF Per Share $0.85
Full Cash Flow Statement

Margins

Gross margin is 28.66%, with operating and profit margins of 9.41% and 8.36%.

Gross Margin 28.66%
Operating Margin 9.41%
Pretax Margin 11.71%
Profit Margin 8.36%
EBITDA Margin 25.68%
EBIT Margin 16.35%
FCF Margin 4.74%

Dividends & Yields

SUM does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -41.15%
Shareholder Yield -41.15%
Earnings Yield 3.62%
FCF Yield 2.05%
Dividend Details

Analyst Forecast

The average price target for SUM is $47.18, which is 19.84% higher than the current price. The consensus rating is "Buy".

Price Target $47.18
Price Target Difference 19.84%
Analyst Consensus Buy
Analyst Count 12
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on December 14, 2022. It was a forward split with a ratio of 1017:1000.

Last Split Date Dec 14, 2022
Split Type Forward
Split Ratio 1017:1000

Scores

SUM has an Altman Z-Score of 1.89 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.89
Piotroski F-Score 5