Beacon Roofing Supply, Inc., together with its subsidiaries, distributes residential and commercial roofing materials, and other complementary building materials to contractors, home builders, retailers, and building materials suppliers.
Moderate growth potential and slightly overvalued.
Share Price & News
How has Beacon Roofing Supply's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BECN has not had significant price volatility in the past 3 months.
7 Day Return
US Trade Distributors
1 Year Return
US Trade Distributors
Return vs Industry: BECN underperformed the US Trade Distributors industry which returned 9.6% over the past year.
Return vs Market: BECN underperformed the US Market which returned 19.4% over the past year.
Price Volatility Vs. Market
How volatile is Beacon Roofing Supply's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDoes Beacon Roofing Supply (NASDAQ:BECN) Have A Healthy Balance Sheet?
4 weeks ago | Simply Wall StWhat You Must Know About Beacon Roofing Supply, Inc.'s (NASDAQ:BECN) Beta Value
1 month ago | Simply Wall StIntroducing Beacon Roofing Supply (NASDAQ:BECN), The Stock That Dropped 30% In The Last Three Years
Is Beacon Roofing Supply undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BECN ($35.77) is trading below our estimate of fair value ($43.64)
Significantly Below Fair Value: BECN is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: BECN is unprofitable, so we can't compare its PE Ratio to the Trade Distributors industry average.
PE vs Market: BECN is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BECN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BECN is good value based on its PB Ratio (1.3x) compared to the US Trade Distributors industry average (1.7x).
How is Beacon Roofing Supply forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BECN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: BECN is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: BECN's is expected to become profitable in the next 3 years.
Revenue vs Market: BECN's revenue (2.8% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: BECN's revenue (2.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BECN's Return on Equity is forecast to be low in 3 years time (9.5%).
How has Beacon Roofing Supply performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BECN is currently unprofitable.
Growing Profit Margin: BECN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BECN is unprofitable, and losses have increased over the past 5 years at a rate of -24% per year.
Accelerating Growth: Unable to compare BECN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BECN is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (3.5%).
Return on Equity
High ROE: BECN has a negative Return on Equity (-1.48%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Beacon Roofing Supply's financial position?
Financial Position Analysis
Short Term Liabilities: BECN's short term assets ($2.3B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: BECN's short term assets ($2.3B) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: BECN's debt to equity ratio (121.7%) is considered high.
Reducing Debt: BECN's debt to equity ratio has increased from 30% to 121.7% over the past 5 years.
Inventory Level: BECN has a high level of physical assets or inventory.
Debt Coverage by Assets: BECN's debt is not covered by short term assets (assets are 0.8x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BECN has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: BECN has been profitable on average in the past, therefore cash runway is not a concern.
What is Beacon Roofing Supply's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate BECN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate BECN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BECN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BECN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BECN's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Julian Francis (52yo)
Mr. Julian G. Francis has been President, Chief Executive Officer of Beacon Roofing Supply, Inc. since August 2019 and serves as its Director since August 22, 2019. Mr. Francis has been the President of In ...
CEO Compensation Analysis
Compensation vs Market: Julian's total compensation ($USD3.14M) is below average for companies of similar size in the US market ($USD4.89M).
Compensation vs Earnings: Insufficient data to compare Julian's compensation with company performance.
|Executive VP & CFO||6.8yrs||US$1.23m||0.052% $1.3m|
|Chief Operating Officer||1.1yrs||US$1.28m||0.054% $1.3m|
|Executive VP||13.6yrs||US$883.96k||0.026% $635.4k|
|Chief HR Officer & Executive VP||5.3yrs||US$911.26k||0.037% $895.5k|
|VP & Chief Accounting Officer||0.8yrs||no data||0.0010% $25.0k|
|Executive VP & Chief Information Officer||13.6yrs||no data||no data|
|Executive Director||16.3yrs||US$1.37m||0.063% $1.5m|
|President of West Division||0yrs||no data||no data|
Experienced Management: BECN's management team is considered experienced (3.2 years average tenure).
|Executive Director||16.3yrs||US$1.37m||0.063% $1.5m|
|Independent Director||7.6yrs||US$222.51k||0.025% $601.6k|
|Independent Director||7.6yrs||US$225.01k||0.054% $1.3m|
|Lead Independent Director||0yrs||US$232.51k||0.048% $1.2m|
|Independent Director||3.7yrs||US$235.01k||0.015% $355.9k|
|Independent Director||5.3yrs||US$217.51k||no data|
|Independent Director||4.8yrs||US$215.01k||no data|
Experienced Board: BECN's board of directors are considered experienced (5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BECN insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Beacon Roofing Supply, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Beacon Roofing Supply, Inc.
- Ticker: BECN
- Exchange: NasdaqGS
- Founded: 1928
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: US$2.449b
- Shares outstanding: 68.81m
- Website: https://www.becn.com
Number of Employees
- Beacon Roofing Supply, Inc.
- 505 Huntmar Park Drive
- Suite 300
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BECN||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Sep 2004|
|OWY||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Sep 2004|
Beacon Roofing Supply, Inc., together with its subsidiaries, distributes residential and commercial roofing materials, and other complementary building materials to contractors, home builders, retailers, and building materials suppliers. The company’s residential roofing products include asphalt shingles, synthetic slates and tiles, clay and concrete tiles, slates, nail base insulations, metal roofing, felts, synthetic underlayment, wood shingles and shakes, nails and fasteners, metal edgings and flashings, prefabricated flashings, ridges and soffit vents, and solar systems. Its non-residential roofing products comprise single-ply roofing, asphalt, metal, modified bitumen, and build-up roofing products; cements and coatings; flat stock and tapered insulations; commercial fasteners; metal edges and flashings; smoke/roof hatches; roofing tools; sheet metal products, including copper, aluminum, and steel; and PVC, thermoplastic olefin, and ethylene propylene diene monomer membrane products. The company also provides complementary building products, such as vinyl and fiber cement sidings; wallboards; insulations; acoustical ceilings; stone veneers; windows; doors; skylights; gutters and downspouts; decking and railings; air barriers; concrete restoration systems; and steel stud framing and waterproofing systems. In addition, it offers value-added services, including advice and assistance on product identification, specification, technical support, and training; job site delivery, rooftop loading, and logistical services; tapered insulation design and related layout services; metal fabrication and related metal roofing design and layout services; trade credit and online bill pay; and marketing support for contractors. As of September 30, 2019, the company operated through a network of 529 branches in 50 states of the United States and 6 provinces in Canada. Beacon Roofing Supply, Inc. was founded in 1928 and is headquartered in Herndon, Virginia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 00:44|
|End of Day Share Price||2020/02/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.