AI Spotlight on FND
Company Description
Floor & Decor Holdings, Inc.operates as a multi-channel specialty retailer and commercial flooring distributor of hard surface flooring and related accessories.The company's stores offer tile, wood, laminate, vinyl, and natural stone flooring products, as well as decorative and installation accessories.
It serves professional installers, commercial businesses, and do it yourself customers.As of May 5, 2022, the company operated 166 warehouse-format stores and five design studios in 34 states.It also sells products through its Website, FloorandDecor.com.
The company was formerly known as FDO Holdings, Inc.and changed its name to Floor & Decor Holdings, Inc.in April 2017.
Floor & Decor Holdings, Inc.was founded in 2000 and is headquartered in Atlanta, Georgia.
Market Data
Last Price | 103.43 |
Change Percentage | 1.27% |
Open | 101.2 |
Previous Close | 102.13 |
Market Cap ( Millions) | 11091 |
Volume | 1248259 |
Year High | 135.67 |
Year Low | 89.06 |
M A 50 | 104.18 |
M A 200 | 107.41 |
Financial Ratios
FCF Yield | 1.11% |
Dividend Yield | 0.00% |
ROE | 9.69% |
Debt / Equity | 80.52% |
Net Debt / EBIDTA | 545.54% |
Price To Book | 5.24 |
Price Earnings Ratio | 56.64 |
Price To FCF | 90.08 |
Price To sales | 2.52 |
EV / EBITDA | 45.29 |
News
- Jan -23 - Floor & Decor Announces Grand Opening of Covington, Louisiana Store
- Jan -09 - Floor & Decor Announces Grand Opening of Venice, Florida Store
- Jan -03 - Zacks Industry Outlook The Home Depot, Williams-Sonoma, Floor & Decor and Tempur Sealy International
- Jan -02 - 4 Retail Home Furnishing Stocks to Watch in a Thriving Industry
- Jan -01 - What Makes Floor & Dcor (FND) a New Buy Stock
- Dec -19 - Floor & Decor Announces Grand Opening of Littleton, Colorado Store
- Dec -13 - Floor & Decor Announces Grand Opening of North Seattle, Washington Store
- Dec -12 - Floor & Decor Announces Grand Opening First Pensacola, Florida Store
- Nov -26 - Why Warren Buffett Is Selling: A Look at His Latest Market Moves
- Nov -24 - Shares of This Little-Known Home Improvement Business Have Outperformed Home Depot Stock Over the Last 5 Years. Here's Why I Expect This Trend to Continue Over the Next 5 Years.
- Nov -24 - Warren Buffett's Berkshire Hathaway Just Sold Shares of 2 Companies. Here's Why I (Humbly) Disagree and Expect Both Stocks to Go Up From Here.
- Nov -21 - Floor & Decor Announces Grand Opening of West Chester, Ohio Store
- Nov -21 - Warren Buffett Sells Floor & Decor Holdings Stock. 2 Things Investors Should Know
- Nov -19 - Retail Sector Comeback Plays: SPDR S&P Retail ETF, FND, and SHAK
- Nov -14 - Floor & Decor Announces Grand Opening of Georgetown, Texas Store
- Nov -14 - Floor & Decor Announces Grand Openings of Two New Jersey Stores
- Nov -01 - Floor & Decor Holdings, Inc. Announces Appointment of Nada Aried to the Board of Directors
- Oct -31 - Floor & Decor Announces Grand Opening of Beaverton, Oregon Store
- Oct -31 - Floor & Decor Announces Grand Opening of Lewis Center, Ohio Store
- Oct -31 - Floor & Decor Holdings, Inc. (FND) Q3 2024 Earnings Call Transcript
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Laminate and Vinyl
Expected Growth : 12.5 %
What the company do ?
Laminate and Vinyl from Floor & Decor Holdings, Inc. are affordable, durable, and water-resistant flooring options, mimicking natural stone or wood, ideal for high-traffic areas.
Why we expect these perspectives ?
Laminate and Vinyl from Floor & Decor Holdings, Inc. achieved 12.5% growth driven by increasing demand for affordable, durable, and water-resistant flooring options. Rising popularity of DIY home renovations, growing awareness of laminate's eco-friendliness, and expanding distribution channels also contributed to this growth.
Segment nΒ°2 -> Tile
Expected Growth : 12.8 %
What the company do ?
Tile from Floor & Decor Holdings, Inc. offers a wide selection of high-quality, stylish, and affordable flooring and tile products for homeowners and professionals.
Why we expect these perspectives ?
Floor & Decor's 12.8% growth in Tile segment is driven by increasing demand for hard-surface flooring, expansion of product offerings, and strategic store openings. Additionally, the company's focus on private label brands, competitive pricing, and exceptional customer service experience contribute to its market share gain.
Segment nΒ°3 -> Installation Materials and Tools
Expected Growth : 13.2 %
What the company do ?
Floor & Decor Holdings, Inc. provides installation materials and tools, including adhesives, underlayment, and flooring accessories, to support professional installers and DIY customers.
Why we expect these perspectives ?
Strong demand for home improvement and renovation projects, driven by increasing consumer spending and housing market growth, contributes to the 13.2% growth of Installation Materials and Tools from Floor & Decor Holdings, Inc. Additionally, the company's strategic expansion into new markets and e-commerce platform enhancements also support this growth.
Segment nΒ°4 -> Decorative Accessories and Wall Tile
Expected Growth : 12.2 %
What the company do ?
Decorative Accessories and Wall Tile from Floor & Decor Holdings, Inc. offer a wide range of stylish and functional pieces to enhance home decor, including decorative accents, wall decor, and tile options.
Why we expect these perspectives ?
The 12.2% growth in Decorative Accessories and Wall Tile from Floor & Decor Holdings, Inc. is driven by increasing consumer spending on home decor, rising demand for DIY home improvement projects, and the company's successful expansion into new markets and e-commerce channels.
Segment nΒ°5 -> Wood
Expected Growth : 11.8 %
What the company do ?
Wood from Floor & Decor Holdings, Inc. refers to the company's hardwood flooring products, offering a wide selection of domestic and exotic species, styles, and finishes for various applications.
Why we expect these perspectives ?
Floor & Decor's 11.8% growth in wood segment is driven by increasing demand for hardwood flooring, expansion of product offerings, and strategic store openings. Additionally, the company's focus on private label brands, competitive pricing, and strong supply chain management contribute to its growth. Furthermore, the rising trend of home renovation and remodeling also supports the segment's growth.
Segment nΒ°6 -> Natural Stone
Expected Growth : 11.5 %
What the company do ?
Natural Stone from Floor & Decor Holdings, Inc. refers to high-quality, authentic stones like marble, granite, and travertine, offering unique patterns and colors for luxurious flooring and decorative elements.
Why we expect these perspectives ?
Floor & Decor Holdings, Inc.'s Natural Stone segment growth of 11.5% is driven by increasing demand for premium home decor, rising consumer spending on home renovation, and the company's strategic expansion into new markets. Additionally, the segment benefits from the company's strong supplier relationships, efficient logistics, and competitive pricing, enabling it to capitalize on the growing trend of homeowners seeking high-quality, unique natural stone products.
Segment nΒ°7 -> Other
Expected Growth : 12.0 %
What the company do ?
Other from Floor & Decor Holdings, Inc. refers to non-core business segments, including installation services and other miscellaneous revenue streams.
Why we expect these perspectives ?
Floor & Decor's 12.0% growth driven by increasing demand for home improvement, expansion into new markets, and strategic investments in e-commerce and digital capabilities, enabling omnichannel experiences. Additionally, the company's focus on private label products and competitive pricing strategies contribute to its growth momentum.
Segment nΒ°8 -> Adjacent Categories
Expected Growth : 13.5 %
What the company do ?
Adjacent categories from Floor & Decor Holdings, Inc. refer to complementary product categories, such as flooring, tile, and decorative accessories, that are often purchased together.
Why we expect these perspectives ?
Floor & Decor Holdings, Inc.'s 13.5% growth in Adjacent Categories is driven by increasing demand for home improvement, expansion into new markets, and strategic partnerships. Additionally, the company's focus on private label brands, e-commerce growth, and effective inventory management also contribute to this growth.
Floor & Decor Holdings, Inc. Products
Product Range | What is it ? |
---|---|
Hard Surface Flooring | Floor & Decor offers a wide selection of hard surface flooring products, including hardwood, engineered wood, laminate, luxury vinyl tile (LVT), and porcelain tile. |
Tile and Stone | Floor & Decor offers a vast selection of tile and stone products, including ceramic, porcelain, natural stone, and glass tile. |
Laminate and Luxury Vinyl Flooring | Floor & Decor offers a wide range of laminate and luxury vinyl flooring products, including waterproof and scratch-resistant options. |
Area Rugs and Accessories | Floor & Decor offers a variety of area rugs, mats, and accessories, including rug pads, underlayment, and installation tools. |
Installation Materials and Tools | Floor & Decor offers a range of installation materials and tools, including adhesives, underlayment, and fastening systems. |
Floor & Decor Holdings, Inc.'s Porter Forces
Threat Of Substitutes
Floor & Decor Holdings, Inc. operates in the home improvement industry, where substitutes are limited. However, online shopping platforms and DIY tutorials can be considered substitutes, but their impact is moderate.
Bargaining Power Of Customers
Floor & Decor Holdings, Inc. has a large customer base, but individual customers do not have significant bargaining power. The company's pricing strategy and product offerings are designed to appeal to a broad customer base.
Bargaining Power Of Suppliers
Floor & Decor Holdings, Inc. relies on a diverse supplier base, which reduces dependence on individual suppliers. However, suppliers of specialized products may have some bargaining power.
Threat Of New Entrants
The home improvement industry has high barriers to entry, including significant capital requirements and complex logistics. New entrants would face significant challenges in competing with established players like Floor & Decor Holdings, Inc.
Intensity Of Rivalry
The home improvement industry is highly competitive, with several established players competing for market share. Floor & Decor Holdings, Inc. faces intense competition from companies like Home Depot, Lowe's, and others.
Capital Structure
Value | |
---|---|
Debt Weight | 45.70% |
Debt Cost | 3.95% |
Equity Weight | 54.30% |
Equity Cost | 13.26% |
WACC | 9.00% |
Leverage | 84.17% |
Floor & Decor Holdings, Inc. : Quality Control
Floor & Decor Holdings, Inc. passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
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