AI Spotlight on SUM
Company Description
Summit Materials, Inc., through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, and residential and nonresidential end markets.It operates through three segments: West, East, and Cement.The company's products include aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components.
It also provides asphalt paving and related services to the private and public infrastructure sectors.In addition, the company operates municipal waste, construction, and demolition debris landfills; and liquid asphalt terminals.It has operations in the United States; and in British Columbia, Canada.
The company was founded in 2009 and is headquartered in Denver, Colorado.
Market Data
Last Price | 52.42 |
Change Percentage | 0.10% |
Open | 52.4 |
Previous Close | 52.37 |
Market Cap ( Millions) | 9216 |
Volume | 3615300 |
Year High | 53.49 |
Year Low | 34.64 |
M A 50 | 50.98 |
M A 200 | 42.39 |
Financial Ratios
FCF Yield | 1.66% |
Dividend Yield | 0.00% |
ROE | 3.85% |
Debt / Equity | 64.86% |
Net Debt / EBIDTA | 273.28% |
Price To Book | 2.07 |
Price Earnings Ratio | 62.48 |
Price To FCF | 60.2 |
Price To sales | 2.45 |
EV / EBITDA | 14.47 |
News
- Jan -30 - Summit Materials, Inc. Is Being Investigated For Securities Fraud And Affected Investors Are Urged To Contact The Schall Law Firm
- Jan -28 - Summit Materials, Inc. Is Being Investigated For Securities Fraud And Affected Investors Are Urged To Contact The Schall Law Firm
- Jan -27 - The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Summit Materials, Inc. For Securities Law Violations
- Jan -26 - Summit Materials, Inc. Is Being Investigated For Securities Fraud And Affected Investors Are Urged To Contact The Schall Law Firm
- Jan -24 - The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Summit Materials, Inc. For Securities Law Violations
- Jan -23 - Summit Materials, Inc. Is Being Investigated For Securities Fraud And Affected Investors Are Urged To Contact The Schall Law Firm
- Jan -22 - The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Summit Materials, Inc. For Securities Law Violations
- Jan -21 - Summit Materials, Inc. Is Being Investigated For Securities Fraud And Affected Investors Are Urged To Contact The Schall Law Firm
- Jan -20 - The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Summit Materials, Inc. For Securities Law Violations
- Jan -19 - Summit Materials, Inc. Is Being Investigated For Securities Fraud And Impacted Investors Are Urged To Contact The Schall Law Firm
- Jan -18 - The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Summit Materials, Inc. For Securities Law Violations
- Jan -17 - Summit Materials, Inc. Is Being Investigated For Securities Fraud And Impacted Investors Are Urged To Contact The Schall Law Firm
- Jan -16 - The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Summit Materials, Inc. For Securities Law Violations
- Jan -15 - Summit Materials Inc Is Being Investigated For Securities Fraud And Affected Investors Are Urged To Contact The Schall Law Firm
- Jan -14 - The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Summit Materials, Inc. For Securities Law Violations
- Jan -13 - Summit Materials Inc Is Being Investigated For Securities Fraud And Affected Investors Are Urged To Contact The Schall Law Firm
- Jan -12 - The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Summit Materials, Inc. For Securities Law Violations
- Jan -10 - Summit Materials Inc Is Being Investigated For Securities Fraud And Impacted Investors Are Urged To Contact The Schall Law Firm
- Jan -09 - The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Summit Materials, Inc. For Securities Law Violations
- Jan -09 - Summit Materials Announces Expiration of the Competition Act (Canada) Waiting Period for Acquisition by Quikrete
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> West
Expected Growth : 4.83 %
What the company do ?
The West segment from Summit Materials, Inc. refers to the company's operations in Texas, California, and Nevada, which produce and distribute construction materials.
Why we expect these perspectives ?
West segment's 4.83% growth is driven by increasing demand for construction materials in California and Nevada, fueled by infrastructure projects and residential development. Additionally, Summit Materials' strategic acquisitions and operational efficiencies have contributed to the segment's growth.
Segment nΒ°2 -> East
Expected Growth : 4.83 %
What the company do ?
East from Summit Materials, Inc. refers to the segment that operates in the eastern United States, providing construction materials and services.
Why we expect these perspectives ?
East segment's 4.83% growth is driven by increasing infrastructure projects, rising demand for construction materials, and strategic acquisitions. Additionally, Summit Materials' focus on operational efficiency, cost savings, and pricing initiatives contribute to the segment's growth.
Segment nΒ°3 -> Cement
Expected Growth : 4.7 %
What the company do ?
Cement from Summit Materials, Inc. is a binding agent used in construction, made from limestone, clay, and other minerals, providing strength and durability to concrete.
Why we expect these perspectives ?
Summit Materials, Inc.'s cement segment growth of 4.7% is driven by increasing demand from infrastructure projects, residential construction, and repair activities. Additionally, the company's strategic acquisitions, operational efficiencies, and pricing initiatives contribute to the growth. Furthermore, the rising need for sustainable construction materials and the company's focus on environmentally friendly products also support the segment's growth.
Summit Materials, Inc. Products
Product Range | What is it ? |
---|---|
Aggregates | Summit Materials, Inc. offers a wide range of aggregates, including crushed stone, sand, and gravel, used in construction, landscaping, and infrastructure projects. |
Cement | Summit Materials, Inc. provides high-quality cement products, including Portland cement, masonry cement, and specialty cements, used in construction and infrastructure projects. |
Ready-Mix Concrete | Summit Materials, Inc. offers ready-mix concrete products, including standard and specialty mixes, used in construction, infrastructure, and residential projects. |
Asphalt | Summit Materials, Inc. provides asphalt products, including hot mix asphalt and asphalt emulsions, used in road construction, maintenance, and repair. |
Paving and Construction Services | Summit Materials, Inc. offers paving and construction services, including asphalt paving, concrete paving, and site development, used in infrastructure and construction projects. |
Summit Materials, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Summit Materials, Inc. is medium due to the availability of alternative materials and products in the construction industry.
Bargaining Power Of Customers
The bargaining power of customers for Summit Materials, Inc. is low due to the company's strong market position and limited customer concentration.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Summit Materials, Inc. is medium due to the company's dependence on a few key suppliers and the availability of alternative suppliers.
Threat Of New Entrants
The threat of new entrants for Summit Materials, Inc. is low due to the high barriers to entry in the construction materials industry, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry for Summit Materials, Inc. is high due to the competitive nature of the construction materials industry, with many established players competing for market share.
Capital Structure
Value | |
---|---|
Debt Weight | 49.92% |
Debt Cost | 6.62% |
Equity Weight | 50.08% |
Equity Cost | 10.61% |
WACC | 8.62% |
Leverage | 99.70% |
Summit Materials, Inc. : Quality Control
Summit Materials, Inc. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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NEU | NewMarket Corporation, through its subsidiaries, engages in the petroleum additives business. The company offers lubricant additives for use in various vehicle and industrial applications, including engine oils, transmission fluids, off-road β¦ |
EXP | Eagle Materials Inc., through its subsidiaries, produces and supplies heavy construction materials and light building materials in the United States. It operates through Cement, Concrete and Aggregates, Gypsum Wallboard, and β¦ |
KNF | Knife River Corporation provides aggregates-based construction materials and contracting services in the United States. It operates through six segments: Pacific, Northwest, Mountain, North Central, South, and Energy Services. The company β¦ |
CBT | Cabot Corporation operates as a specialty chemicals and performance materials company. It operates through three segments: Reinforcement Materials, Performance Chemicals, and Purification Solutions. The company offers reinforcing carbons used in β¦ |
BCC | Boise Cascade Company manufactures wood products and distributes building materials in the United States and Canada. It operates through two segments, Wood Products and Building Materials Distribution. The Wood Products β¦ |