-1.85%
-15.73%
-13.39%
22.60%
-5.51%
128.56%
133.25%

Company Description

Core & Main, Inc.distributes water, wastewater, storm drainage, and fire protection products and related services to municipalities, private water companies, and professional contractors in the municipal, non-residential, and residential end markets in the United States.Its products include pipes, valves, hydrants, fittings, and other products and services; storm drainage products, such as corrugated piping systems, retention basins, inline drains, manholes, grates, geosynthetics, and other related products; fire protection products, including fire protection pipes, sprinkler heads and other devices, fire suppression systems, and related accessories, as well as fabrication services; and meter products, such as smart meter products, installation, software and other services.


The company's specialty products and services are used in the maintenance, repair, replacement, and construction of water and fire protection infrastructure.Core & Main, Inc.was founded in 1874 and is headquartered in St. Louis, Missouri.

Market Data

Last Price 46.65
Change Percentage -1.85%
Open 46.75
Previous Close 47.53
Market Cap ( Millions) 8872
Volume 477313
Year High 62.15
Year Low 37.22
M A 50 53.0
M A 200 49.61

Financial Ratios

FCF Yield 7.34%
Dividend Yield 0.00%
ROE 25.88%
Debt / Equity 157.27%
Net Debt / EBIDTA 294.16%
Price To Book 5.35
Price Earnings Ratio 21.79
Price To FCF 13.63
Price To sales 1.24
EV / EBITDA 12.91

News

Business Breakdown

Expected Mid-Term Growth

Segment n°1 -> Pipes, Valves and Fittings

Expected Growth : 5.5 %

What the company do ?

Pipes, Valves and Fittings from Core & Main, Inc. provide a comprehensive range of products for water, wastewater, and industrial applications, including pipes, valves, fittings, and accessories.

Why we expect these perspectives ?

Core & Main's 5.5% growth in Pipes, Valves, and Fittings is driven by increasing infrastructure spending, replacement of aging water and gas systems, and rising demand for water conservation and efficiency solutions. Additionally, the company's strong distribution network and strategic acquisitions contribute to its growth momentum.

Segment n°2 -> Storm Drainage

Expected Growth : 5.8 %

What the company do ?

Storm Drainage from Core & Main, Inc. provides solutions for managing rainwater runoff, preventing flooding, and reducing pollution in waterways.

Why we expect these perspectives ?

Storm Drainage from Core & Main, Inc. growth of 5.8% driven by increasing infrastructure spending, urbanization, and climate change mitigation efforts. Rising demand for efficient water management systems, government initiatives for flood control, and growing adoption of sustainable drainage solutions also contribute to this growth.

Segment n°3 -> Fire Protection

Expected Growth : 5.2 %

What the company do ?

Fire Protection from Core & Main, Inc. provides fire suppression systems, fire alarms, and other safety solutions to protect people and property from fire hazards.

Why we expect these perspectives ?

Core & Main's Fire Protection segment growth of 5.2% is driven by increasing demand for fire safety systems in commercial and residential buildings, stringent government regulations, and rising adoption of advanced fire suppression technologies. Additionally, the company's strategic acquisitions and expansion into new markets have contributed to its growth momentum.

Segment n°4 -> Meter

Expected Growth : 5.6 %

What the company do ?

The Meter from Core & Main, Inc. is a device that measures water flow, providing accurate readings for utility billing and water management purposes.

Why we expect these perspectives ?

Meter from Core & Main, Inc. growth of 5.6% driven by increasing demand for water infrastructure upgrades, replacement of aging infrastructure, and adoption of smart metering technologies. Additionally, government initiatives and regulations focusing on water conservation and efficiency also contribute to the growth.

Core & Main, Inc. Products

Product Range What is it ?
Waterworks Core & Main, Inc. provides a wide range of waterworks products, including pipes, valves, and fittings, to support the construction and maintenance of water and wastewater infrastructure.
Hydrants The company offers a variety of hydrants, including dry and wet barrel hydrants, for firefighting and other applications.
Valves Core & Main, Inc. supplies a broad range of valves, including gate, globe, and check valves, for water and wastewater applications.
Fittings The company provides a wide selection of fittings, including elbows, tees, and couplings, for piping systems.
Pumps Core & Main, Inc. offers a variety of pumps, including centrifugal and submersible pumps, for water and wastewater applications.
Meters The company supplies a range of meters, including water and gas meters, for measuring fluid flow and consumption.
Pipe Core & Main, Inc. provides a variety of pipes, including PVC, ductile iron, and steel pipes, for water and wastewater applications.
Fire Protection The company offers a range of fire protection products, including fire hydrants, valves, and fittings, for commercial and industrial applications.

Core & Main, Inc.'s Porter Forces

The threat of substitutes for Core & Main, Inc. is medium due to the availability of alternative products and services in the water, sewer, and fire protection markets.

The bargaining power of customers for Core & Main, Inc. is low due to the company's strong relationships with its customers and its ability to provide customized solutions.

The bargaining power of suppliers for Core & Main, Inc. is medium due to the company's dependence on a few large suppliers and the availability of alternative suppliers.

The threat of new entrants for Core & Main, Inc. is low due to the high barriers to entry in the water, sewer, and fire protection markets, including regulatory hurdles and the need for significant capital investment.

The intensity of rivalry for Core & Main, Inc. is high due to the competitive nature of the water, sewer, and fire protection markets, with several large players competing for market share.

Capital Structure

Value
Debt Weight 57.12%
Debt Cost 3.95%
Equity Weight 42.88%
Equity Cost 9.68%
WACC 6.41%
Leverage 133.22%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
WSO Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating, refrigeration equipment, and related parts and supplies. The company distributes equipment comprising residential ducted and ductless air conditioners, such as …
POOL Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in the United States and internationally. The company offers maintenance products, including chemicals, supplies, and pool accessories; repair and …
MSM MSC Industrial Direct Co., Inc., together with its subsidiaries, distributes metalworking and maintenance, repair, and operations (MRO) products and services in the United States, Canada, Mexico, and the United Kingdom. …
WCC WESCO International, Inc. provides business-to-business distribution, logistics services, and supply chain solutions in the United States, Canada, and internationally. It operates through three segments: Electrical & Electronic Solutions (EES), Communications …
AIT Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates through two segments, Service Center Based Distribution, …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
46.65$
Current Price
46.66$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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