0.79%
-13.80%
-23.53%
-17.94%
-28.91%
68.04%
164.38%
AI Spotlight on IBP
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Company Description
Installed Building Products, Inc., together with its subsidiaries, engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products in the continental United States.The company offers a range of insulation materials, such as fiberglass and cellulose, and spray foam insulation materials.It is also involved in the installation of insulation and sealant materials in various areas of a structure, which includes basement and crawl space, building envelope, attic, and acoustical applications.
In addition, the company installs a range of caulk and sealant products that control air infiltration in residential and commercial buildings; and waterproofing options, including sheet and hot applied waterproofing membranes, as well as deck coating, bentonite, and air and vapor systems.It serves homebuilders, multi-family and commercial construction firms, individual homeowners, and repair and remodeling contractors through a network of approximately 210 branch locations.The company was formerly known as CCIB Holdco, Inc.
Installed Building Products, Inc.was founded in 1977 and is based in Columbus, Ohio.
Market Data
| Last Price | 171.4 |
| Change Percentage | 0.79% |
| Open | 169.34 |
| Previous Close | 170.06 |
| Market Cap ( Millions) | 4758 |
| Volume | 1023300 |
| Year High | 281.04 |
| Year Low | 162.2 |
| M A 50 | 183.59 |
| M A 200 | 212.87 |
Financial Ratios
| FCF Yield | 1.11% |
| Dividend Yield | 1.75% |
| ROE | 36.84% |
| Debt / Equity | 138.71% |
| Net Debt / EBIDTA | 134.83% |
| Price To Book | 6.75 |
| Price Earnings Ratio | 18.56 |
| Price To FCF | 89.94 |
| Price To sales | 1.62 |
| EV / EBITDA | 11.21 |
News
- Feb -27 - Installed Building Products, Inc. (IBP) Q4 2024 Earnings Call Transcript
- Feb -27 - Installed Building Products (IBP) Misses Q4 Earnings and Revenue Estimates
- Jan -31 - Baron Small Cap Fund: Q4 2024 Top Contributors And Detractors
- Jan -30 - A Quest That Has Translated Into New Investments
- Dec -17 - Installed Building Products Expands Reach With Capital Acquisition
- Nov -26 - Installed Building Products Announces Successful Repricing of Term Loan B Facility and a Share Repurchase Update
- Nov -13 - Installed Building Products Publishes 2024 Environmental, Social and Governance Report
- Nov -13 - Installed Building Products Expands Reach With Tatum Acquisition
- Nov -10 - Installed Building Products, Inc. (IBP) Q3 2024 Earnings Call Transcript
- Nov -07 - Installed Building Products (IBP) Lags Q3 Earnings Estimates
- Nov -07 - Installed Building Products Reports Record Third Quarter 2024 Results; Declares Regular Quarterly Cash Dividend
- Oct -31 - Installed Building Products (IBP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- Oct -24 - Installed Building Products: Rising Institutional Pessimism Despite Strong Market Tailwinds
- Oct -08 - Installed Building Expands With Insulation Supplies Buyout
- Sep -27 - Top 3 Homebuilder Stocks to Watch as Rates Drop
- Sep -18 - IBP to Benefit From Production Capacity Expansion in Bucyrus
- Sep -10 - Prediction: 4 Stocks That Will Pop If Kamala Harris Wins
- Aug -06 - Installed Building Products: Downgrade To Hold As Valuation Has Priced In Near-Term Upside
- Aug -04 - Installed Building Products, Inc. (IBP) Q2 2024 Earnings Call Transcript
- Aug -01 - Installed Building Products (IBP) Beats Q2 Earnings Estimates
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Installation
Expected Growth : 7.5 %
What the company do ?
Installation from Installed Building Products, Inc. provides insulation, waterproofing, and roofing installation services for residential and commercial customers.
Why we expect these perspectives ?
Installation segment's 7.5% growth is driven by increasing demand for energy-efficient solutions, rising new construction and remodeling activities, and growing adoption of insulation materials. Additionally, IBP's strategic acquisitions, expanded product offerings, and strong relationships with builders and contractors contribute to the segment's growth.
Segment n°2 -> Other
Expected Growth : 6.5 %
What the company do ?
The 'Other' segment from Installed Building Products, Inc. includes products like rain gutters, downspouts, and flashing, which are used in building exteriors.
Why we expect these perspectives ?
Installed Building Products, Inc.'s 6.5% growth is driven by increasing demand for energy-efficient and sustainable building solutions, government incentives for green buildings, and rising construction activities in the US. Additionally, the company's strategic acquisitions and expansion into new markets have contributed to its growth.
Segment n°3 -> Eliminations
Expected Growth : 0.0 %
What the company do ?
Eliminations from Installed Building Products, Inc. refer to the removal of redundant or duplicate costs, resulting in a more accurate representation of the company's financial performance.
Why we expect these perspectives ?
Installed Building Products, Inc. exhibits 0.0% growth, driven by stagnant demand in the construction industry, lack of innovation in building materials, and intense competition from established players, resulting in flat sales and revenue.
Installed Building Products, Inc. Products
| Product Range | What is it ? |
|---|---|
| Insulation | Installed Building Products, Inc. offers a wide range of insulation products, including fiberglass batts, spray foam, and rigid foam board, designed to reduce energy consumption and improve indoor air quality. |
| Gutters and Downspouts | The company provides a variety of gutter and downspout systems, including seamless gutters, gutter guards, and downspout extensions, designed to manage water flow and protect homes from water damage. |
| Fire-Resistant Barriers | Installed Building Products, Inc. offers fire-resistant barriers, including spray-applied fire-resistive materials and intumescent coatings, designed to meet fire safety codes and protect people and property. |
| Rainwater Harvesting Systems | The company provides rainwater harvesting systems, including tanks, pumps, and filtration systems, designed to collect, store, and reuse rainwater for irrigation, toilet flushing, and other non-potable uses. |
| Garage Doors and Openers | Installed Building Products, Inc. offers a range of garage doors and openers, including residential and commercial doors, designed to provide secure, convenient, and stylish access to garages and buildings. |
| Shutters and Exterior Accessories | The company provides a variety of shutters and exterior accessories, including vinyl, aluminum, and wood shutters, designed to enhance the appearance and functionality of homes and buildings. |
Installed Building Products, Inc.'s Porter Forces
Threat Of Substitutes
Installed Building Products, Inc. faces moderate threat from substitutes due to the availability of alternative building materials and installation services.
Bargaining Power Of Customers
The bargaining power of customers is low due to the fragmented nature of the industry, allowing Installed Building Products, Inc. to maintain pricing power.
Bargaining Power Of Suppliers
Installed Building Products, Inc. faces moderate bargaining power from suppliers due to the presence of a few large suppliers in the industry.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry is high due to the competitive nature of the industry, with many players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 57.27% |
| Debt Cost | 5.30% |
| Equity Weight | 42.73% |
| Equity Cost | 13.52% |
| WACC | 8.81% |
| Leverage | 134.01% |
Installed Building Products, Inc. : Quality Control
Installed Building Products, Inc. passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CSL | Carlisle Companies Incorporated operates as a diversified manufacturer of engineered products in the United States, Europe, Asia, Canada, Mexico, the Middle East, Africa, and internationally. It operates through three segments: … |
| SSD | Simpson Manufacturing Co., Inc., through its subsidiaries, designs, engineers, manufactures, and sells wood and concrete construction products. The company offers wood construction products, including connectors, truss plates, fastening systems, fasteners … |
| AWI | Armstrong World Industries, Inc., together with its subsidiaries, designs, manufactures, and sells ceiling systems primarily for use in the construction and renovation of residential and commercial buildings in the United … |
| GMS | GMS Inc. distributes wallboard, ceilings, steel framing and complementary construction products in the United States and Canada. The company offers ceilings products, including suspended mineral fibers, soft fibers, and metal … |
| MAS | Masco Corporation designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally. The company's Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Carlisle
A-Score
1-Year Total Return ->
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Masco
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1-Year Total Return ->
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Armstrong World Industries
A-Score
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4
Simpson Manufacturing Co
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1-Year Total Return ->
5
GMS
A-Score
1-Year Total Return ->
6
