AI Spotlight on TILE
Company Description
Interface, Inc., a modular flooring company, designs, produces, and sells modular carpet products primarily in the Americas, Europe, and the Asia-Pacific.The company offers modular carpets under the Interface and FLOR brand names; carpet tiles under the GlasBacRE name for use in commercial interiors, including offices, healthcare facilities, airports, educational and other institutions, hospitality spaces, and retail facilities, as well as residential interiors; modular resilient flooring products; rubber flooring under the norament and noraplan brand names; and luxury vinyl tile products.It also produces and sells an adapted version of its carpet tile for the healthcare facilities market; and two-meter roll goods that are structure-backed for use in education, healthcare, and government markets, as well as carpet replacement, installation, and maintenance services.
In addition, the company sells and licenses a proprietary antimicrobial chemical compound under the Intersept name for use in interior finishes; sells TacTiles, a carpet tile installation system, as well as various adhesives and products; and provides turnkey project management services for global accounts and other customers through its InterfaceSERVICES business.It sells its products directly to end-users, as well as indirectly through independent contractors or distributors, and FLOR line of products through Internet sales and commercial sales force.The company has product showrooms or design studios in the United States, Canada, Mexico, England, France, Germany, Spain, the Netherlands, India, Australia, Norway, the United Arab Emirates, Russia, Singapore, Hong Kong, Thailand, China, and others.
Interface, Inc.was incorporated in 1973 and is headquartered in Atlanta, Georgia.
Market Data
Last Price | 24.76 |
Change Percentage | -1.43% |
Open | 25.06 |
Previous Close | 25.12 |
Market Cap ( Millions) | 1444 |
Volume | 135486 |
Year High | 27.34 |
Year Low | 12.4 |
M A 50 | 25.04 |
M A 200 | 19.19 |
Financial Ratios
FCF Yield | 7.57% |
Dividend Yield | 0.16% |
ROE | 18.75% |
Debt / Equity | 84.47% |
Net Debt / EBIDTA | 172.54% |
Price To Book | 2.88 |
Price Earnings Ratio | 17.04 |
Price To FCF | 13.22 |
Price To sales | 1.11 |
EV / EBITDA | 9.81 |
News
- Jan -29 - Haivision Unveils a Streamlined User Interface for the Haivision Pro Video Transmitter, Simplifying Ease-of-Use and Interoperability
- Jan -24 - Interface, Inc. to Host Fourth Quarter and Fiscal Year 2024 Results Conference Call on February 25, 2025
- Jan -17 - Interface: Strengthening Financials And Market Expansion Poised For Long-Term Growth.
- Jan -13 - Synchron to Advance Implantable Brain-Computer Interface Technology with NVIDIA Holoscan
- Jan -13 - Interface Unveils First-Ever Carbon Negative Rubber Flooring Prototype
- Dec -31 - 5 Top-Ranked Efficient Stocks to Strengthen Your Portfolio
- Nov -28 - Interface Stock Reaches 52-Week High: Time to Buy or Wait for a Dip?
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- Nov -06 - Interface: Market Participants Have Already Priced In The Company's Potential
- Nov -01 - Interface, Inc. (TILE) Q3 2024 Earnings Call Transcript
- Nov -01 - Interface (TILE) Surpasses Q3 Earnings and Revenue Estimates
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Modular Carpet
Expected Growth : 4.0 %
What the company do ?
Modular Carpet from Interface, Inc. is a sustainable, flexible, and customizable flooring solution with interchangeable tiles for easy maintenance and design updates.
Why we expect these perspectives ?
Interface, Inc.'s Modular Carpet segment growth of 4.0% is driven by increasing demand for sustainable and flexible flooring solutions, particularly in the corporate and education sectors. Growing adoption of hybrid workspaces and emphasis on indoor air quality also contribute to this growth, as modular carpets offer improved acoustics, comfort, and easy maintenance.
Interface, Inc. Products
Product Range | What is it ? |
---|---|
Modular Carpet | Modular carpet is a type of carpet that is designed to be modular, allowing for easy installation, replacement, and reconfiguration. |
Luxury Vinyl Tiles (LVT) | LVT is a type of flooring that mimics natural stone or wood, offering a durable and low-maintenance alternative. |
Nora Rubber Flooring | Nora rubber flooring is a type of flooring made from natural and synthetic rubber, offering a durable and comfortable flooring solution. |
FLOR Modular Flooring | FLOR is a modular flooring system that allows for easy installation, replacement, and reconfiguration of flooring tiles. |
Interface Hospitality Flooring | Interface Hospitality Flooring is a range of flooring products designed specifically for the hospitality industry. |
Interface, Inc.'s Porter Forces
Threat Of Substitutes
Interface, Inc. faces moderate threat from substitutes due to the availability of alternative materials and products in the market.
Bargaining Power Of Customers
Interface, Inc. has a diverse customer base, which reduces the bargaining power of individual customers, giving the company an upper hand in negotiations.
Bargaining Power Of Suppliers
Interface, Inc. relies on a few large suppliers for raw materials, giving them some bargaining power, but the company's size and reputation also give it negotiating power.
Threat Of New Entrants
The capital requirements and regulatory hurdles in the industry make it difficult for new entrants to join the market, reducing the threat of new competition for Interface, Inc.
Intensity Of Rivalry
The modular carpet industry is highly competitive, with several established players competing for market share, leading to a high intensity of rivalry for Interface, Inc.
Capital Structure
Value | |
---|---|
Debt Weight | 50.36% |
Debt Cost | 8.55% |
Equity Weight | 49.64% |
Equity Cost | 13.86% |
WACC | 11.19% |
Leverage | 101.46% |
Interface, Inc. : Quality Control
Interface, Inc. passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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MLKN | MillerKnoll, Inc. researches, designs, manufactures, and distributes interior furnishings worldwide. The company operates in four segments: Americas Contract, International Contract, Global Retail, and Knoll. It offers office furniture products under β¦ |
AMWD | American Woodmark Corporation manufactures and distributes kitchen, bath, office, home organization, and hardware products for the remodelling and new home construction markets in the United States. The company offers made-to-order β¦ |
MBC | MasterBrand, Inc. manufactures and sells residential cabinets for the kitchen, bathroom, and other parts of the home in North America. The company is based in Jasper, Indiana. |
BSET | Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. It operates through three segments: Wholesale, Retail Βcompany-owned Stores, and β¦ |
HOFT | Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture. The company's Hooker Branded segment offers design categories, including home entertainment, home office, accent, dining, and β¦ |