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BMC Stock Holdings

Nasdaq:BMCH
Snowflake Description

Excellent balance sheet with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BMCH
Nasdaq
$1B
Market Cap
  1. Home
  2. US
  3. Capital Goods
Company description

BMC Stock Holdings, Inc. distributes lumber and building materials to new construction, and repair and remodeling contractors in the United States. The last earnings update was 19 days ago. More info.


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BMCH Share Price and Events
7 Day Returns
-0.7%
NasdaqGS:BMCH
-1.9%
US Trade Distributors
-0.7%
US Market
1 Year Returns
7.4%
NasdaqGS:BMCH
-9.4%
US Trade Distributors
3%
US Market
BMCH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
BMC Stock Holdings (BMCH) -0.7% 7.9% 21.6% 7.4% 17.7% -
US Trade Distributors -1.9% -4.2% -3.1% -9.4% 34.1% 9.9%
US Market -0.7% -2% 2.4% 3% 39.2% 42%
1 Year Return vs Industry and Market
  • BMCH outperformed the Trade Distributors industry which returned -9.4% over the past year.
  • BMCH outperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
BMCH
Industry
5yr Volatility vs Market

BMCH Value

 Is BMC Stock Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of BMC Stock Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for BMC Stock Holdings.

NasdaqGS:BMCH Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 9 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:BMCH
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Trade Distributors Unlevered Beta Simply Wall St/ S&P Global 0.91
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.909 (1 + (1- 21%) (32.48%))
1.095
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.095 * 5.96%)
9.26%

Discounted Cash Flow Calculation for NasdaqGS:BMCH using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for BMC Stock Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:BMCH DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.26%)
2019 117.17 Analyst x4 107.25
2020 93.18 Analyst x4 78.06
2021 79.10 Est @ -15.11% 60.65
2022 71.38 Est @ -9.76% 50.09
2023 67.09 Est @ -6.01% 43.09
2024 64.81 Est @ -3.39% 38.10
2025 63.80 Est @ -1.55% 34.33
2026 63.63 Est @ -0.27% 31.34
2027 64.03 Est @ 0.63% 28.86
2028 64.84 Est @ 1.26% 26.75
Present value of next 10 years cash flows $498.52
NasdaqGS:BMCH DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $64.84 × (1 + 2.73%) ÷ (9.26% – 2.73%)
$1,020.43
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,020.43 ÷ (1 + 9.26%)10
$420.98
NasdaqGS:BMCH Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $498.52 + $420.98
$919.50
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $919.50 / 66.51
$13.83
NasdaqGS:BMCH Discount to Share Price
Calculation Result
Value per share (USD) From above. $13.83
Current discount Discount to share price of $21.96
= -1 x ($21.96 - $13.83) / $13.83
-58.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of BMC Stock Holdings is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for BMC Stock Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are BMC Stock Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:BMCH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $1.86
NasdaqGS:BMCH Share Price ** NasdaqGS (2019-05-17) in USD $21.96
United States of America Trade Distributors Industry PE Ratio Median Figure of 41 Publicly-Listed Trade Distributors Companies 16.1x
United States of America Market PE Ratio Median Figure of 3,088 Publicly-Listed Companies 17.89x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of BMC Stock Holdings.

NasdaqGS:BMCH PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:BMCH Share Price ÷ EPS (both in USD)

= 21.96 ÷ 1.86

11.83x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BMC Stock Holdings is good value based on earnings compared to the US Trade Distributors industry average.
  • BMC Stock Holdings is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does BMC Stock Holdings's expected growth come at a high price?
Raw Data
NasdaqGS:BMCH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.83x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
1.4%per year
United States of America Trade Distributors Industry PEG Ratio Median Figure of 33 Publicly-Listed Trade Distributors Companies 1.29x
United States of America Market PEG Ratio Median Figure of 2,117 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

NasdaqGS:BMCH PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 11.83x ÷ 1.4%

8.56x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BMC Stock Holdings is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on BMC Stock Holdings's assets?
Raw Data
NasdaqGS:BMCH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $13.24
NasdaqGS:BMCH Share Price * NasdaqGS (2019-05-17) in USD $21.96
United States of America Trade Distributors Industry PB Ratio Median Figure of 53 Publicly-Listed Trade Distributors Companies 1.71x
United States of America Market PB Ratio Median Figure of 5,195 Publicly-Listed Companies 1.83x
NasdaqGS:BMCH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:BMCH Share Price ÷ Book Value per Share (both in USD)

= 21.96 ÷ 13.24

1.66x

* Primary Listing of BMC Stock Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BMC Stock Holdings is good value based on assets compared to the US Trade Distributors industry average.
X
Value checks
We assess BMC Stock Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check)
  5. BMC Stock Holdings has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

BMCH Future Performance

 How is BMC Stock Holdings expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
1.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is BMC Stock Holdings expected to grow at an attractive rate?
  • BMC Stock Holdings's earnings growth is positive but not above the low risk savings rate of 2.7%.
Growth vs Market Checks
  • BMC Stock Holdings's earnings growth is positive but not above the United States of America market average.
  • BMC Stock Holdings's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:BMCH Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:BMCH Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts 1.4%
NasdaqGS:BMCH Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts 2.6%
United States of America Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 15.7%
United States of America Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 5.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:BMCH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:BMCH Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 3,703 173 109 9
2019-12-31 3,568 200 98 9
NasdaqGS:BMCH Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 3,674 265 125
2018-12-31 3,682 210 120
2018-09-30 3,664 156 109
2018-06-30 3,555 134 92
2018-03-31 3,442 121 69
2017-12-31 3,366 94 57
2017-09-30 3,273 91 50
2017-06-30 3,213 79 41
2017-03-31 3,124 89 41
2016-12-31 3,094 107 31
2016-09-30 2,856 76 13
2016-06-30 2,452 49 8

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • BMC Stock Holdings's earnings are expected to grow by 1.4% yearly, however this is not considered high growth (20% yearly).
  • BMC Stock Holdings's revenue is expected to grow by 2.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:BMCH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from BMC Stock Holdings Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:BMCH Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 1.62 1.75 1.49 6.00
2019-12-31 1.46 1.53 1.33 6.00
NasdaqGS:BMCH Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 1.86
2018-12-31 1.78
2018-09-30 1.63
2018-06-30 1.37
2018-03-31 1.03
2017-12-31 0.86
2017-09-30 0.75
2017-06-30 0.61
2017-03-31 0.62
2016-12-31 0.47
2016-09-30 0.21
2016-06-30 0.14

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if BMC Stock Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess BMC Stock Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
BMC Stock Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

BMCH Past Performance

  How has BMC Stock Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare BMC Stock Holdings's growth in the last year to its industry (Trade Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • BMC Stock Holdings has delivered over 20% year on year earnings growth in the past 5 years.
  • BMC Stock Holdings's 1-year earnings growth exceeds its 5-year average (80.7% vs 41.9%)
  • BMC Stock Holdings's earnings growth has exceeded the US Trade Distributors industry average in the past year (80.7% vs -6%).
Earnings and Revenue History
BMC Stock Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from BMC Stock Holdings Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:BMCH Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 3,673.65 124.73 689.80
2018-12-31 3,682.45 119.74 680.07
2018-09-30 3,663.81 109.26 659.85
2018-06-30 3,554.56 91.85 639.60
2018-03-31 3,442.47 69.04 627.86
2017-12-31 3,365.97 57.43 616.55
2017-09-30 3,272.66 50.20 602.93
2017-06-30 3,212.85 40.99 596.82
2017-03-31 3,124.03 41.38 578.91
2016-12-31 3,093.74 30.88 571.80
2016-09-30 2,856.33 13.02 527.35
2016-06-30 2,451.60 7.83 454.29
2016-03-31 2,011.34 -8.03 381.90
2015-12-31 1,576.75 -4.83 306.84
2015-09-30 1,378.43 6.56 262.06
2015-06-30 1,320.28 10.05 245.40
2015-03-31 1,283.66 49.20 234.01
2014-12-31 1,311.50 94.03 227.26
2013-12-31 1,210.16 21.66 200.59
2012-12-31 886.74 -17.53 173.38

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • BMC Stock Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • BMC Stock Holdings used its assets more efficiently than the US Trade Distributors industry average last year based on Return on Assets.
  • BMC Stock Holdings has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess BMC Stock Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
BMC Stock Holdings has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

BMCH Health

 How is BMC Stock Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up BMC Stock Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • BMC Stock Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • BMC Stock Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of BMC Stock Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from BMC Stock Holdings Company Filings, last reported 1 month ago.

NasdaqGS:BMCH Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 881.02 474.40 141.58
2018-12-31 874.66 360.70 150.72
2018-09-30 846.66 362.59 57.69
2018-06-30 807.06 364.35 14.35
2018-03-31 763.58 377.49 9.00
2017-12-31 746.90 371.64 11.75
2017-09-30 727.45 420.98 12.12
2017-06-30 707.57 438.19 7.34
2017-03-31 687.81 393.06 4.78
2016-12-31 680.60 376.56 8.92
2016-09-30 669.67 400.05 6.75
2016-06-30 658.48 401.08 6.00
2016-03-31 624.03 425.37 4.36
2015-12-31 628.93 426.84 1.09
2015-09-30 183.75 371.37 3.49
2015-06-30 179.01 267.82 13.35
2015-03-31 179.08 270.11 63.26
2014-12-31 179.08 270.11 63.26
2013-12-31 82.23 265.74 49.22
2012-12-31
  • BMC Stock Holdings's level of debt (53.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (250.8% vs 53.8% today).
  • Debt is well covered by operating cash flow (55.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 7.8x coverage).
X
Financial health checks
We assess BMC Stock Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. BMC Stock Holdings has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

BMCH Dividends

 What is BMC Stock Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from BMC Stock Holdings dividends.
If you bought $2,000 of BMC Stock Holdings shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate BMC Stock Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate BMC Stock Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:BMCH Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
United States of America Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 2.9%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2000 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:BMCH Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as BMC Stock Holdings has not reported any payouts.
  • Unable to verify if BMC Stock Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of BMC Stock Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as BMC Stock Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess BMC Stock Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can BMC Stock Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. BMC Stock Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

BMCH Management

 What is the CEO of BMC Stock Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Dave Flitman
COMPENSATION $4,346,306
AGE 53
TENURE AS CEO 0.7 years
CEO Bio

Mr. David E. Flitman, also known as Dave, has been President, Chief Executive Officer and Director at BMC Stock Holdings Inc. since September 26, 2018. He was Executive Vice President, Chief Executive Officer of Performance Foodservice Division and President of Performance Foodservice Division at Performance Food Group Company since January 2015. Mr. Flitman served as President of Monongahela Power Company. Mr. Flitman served as Chief Operating Officer at Univar Inc., since January 2014 until December 2014 and served as its President USA/Latin America. Mr. Flitman has been a Director of Veritiv Corporation since July 28, 2017. Mr. Flitman served as President of USA & Mexico at Univar Inc. since January 2014 until December 2014. Mr. Flitman served as the President of USA, Global Supply Chain & Export Services at Univar Inc., since December 2012. Mr. Flitman served as Senior Executive Vice President and President of Water and Process Services at Nalco Mobotec, Inc. (now known as Nalco Mobotec LLC). Mr. Flitman served as Executive Vice President of Nalco Holding Co. since August 19, 2008 and also President of the Water & Process Services Division since January 2009. He served as Senior Executive Vice President of Nalco Holding Co. since January 01, 2010. He served as an Unit President of Nalco Holding Co. since August 19, 2008. Mr. Flitman served as an Executive Vice President and President of Global Water & Process Services at Ecolab Inc. From November 2011 to September 2012. He joined Allegheny Energy, Inc. in February 2005 as Vice president of Distribution of Allegheny Energy, Inc. from February 2005 to July 2008, where he was responsible for about 62,000 miles of distribution lines, 1,600 employees and 50 service centers across a four-state region. Mr. Flitman served as the President of Electric Delivery Business - Allegheny Power of Allegheny Energy Inc. from February 2005 to July 2008. Mr. Flitman served as Manager of MP Environmental Funding LLC. He served as Manager of PE Environmental Funding LLC. He has a broad cross-functional and global experience in a variety of leadership positions nearly 20-year career at DuPont, where he served as Global Business Director for the Nonwovens Business Group. Mr. Flitman served as President of Industrial & Institutional Services Division of Nalco Holding Co. from August 19, 2008 to January 2009. Previously, he served nearly 20 years with E.I. du Pont de Nemours and Company in a series of operational and leadership assignments, including engineering, manufacturing, sales, marketing and global business positions. He serves as Director of Allegheny Generating Company. He has been a Director of Monongahela Power Company since July 13, 2006. He graduated from Purdue University with a Bachelor's Degree in Chemical Engineering.

CEO Compensation
  • Insufficient data for Dave to compare compensation growth.
  • Dave's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the BMC Stock Holdings management team in years:

1
Average Tenure
47
Average Age
  • The average tenure for the BMC Stock Holdings management team is less than 2 years, this suggests a new team.
Management Team

Dave Flitman

TITLE
CEO, President & Director
COMPENSATION
$4M
AGE
53
TENURE
0.7 yrs

Jim Major

TITLE
Executive VP
COMPENSATION
$2M
AGE
46

Lisa Hamblet

TITLE
Executive Vice President of Pro Remodel
COMPENSATION
$1M
AGE
51
TENURE
1 yrs

Mike Farmer

TITLE
Executive Vice President of Operational Excellence
COMPENSATION
$932K
AGE
41

Joyce Vonada

TITLE
Chief Information Officer
TENURE
0.5 yrs

Carey Phelps

TITLE
Director of Investor Relations
TENURE
2.8 yrs

Timothy Johnson

TITLE
Executive VP
AGE
43
TENURE
0.3 yrs

Keith Costello

TITLE
Senior VP of Sales & Los Angeles Market Manager
AGE
59
TENURE
3.1 yrs

Michael Badgley

TITLE
Executive Vice President of Company-Wide Operations

William Gay

TITLE
Senior Vice President of Operations Finance & Credit
AGE
47
TENURE
2.2 yrs
Board of Directors Tenure

Average tenure and age of the BMC Stock Holdings board of directors in years:

3.4
Average Tenure
56
Average Age
  • The tenure for the BMC Stock Holdings board of directors is about average.
Board of Directors

Dave Bullock

TITLE
Chairman of the Board
COMPENSATION
$367K
AGE
53

Dave Flitman

TITLE
CEO, President & Director
COMPENSATION
$4M
AGE
53
TENURE
0.7 yrs

Carl Vertuca

TITLE
Independent Director
COMPENSATION
$208K
AGE
71
TENURE
3.4 yrs

Jim O'Leary

TITLE
Independent Director
COMPENSATION
$211K
AGE
55
TENURE
3.4 yrs

Mark Alexander

TITLE
Director
COMPENSATION
$201K
AGE
59
TENURE
1.8 yrs

Michael Miller

TITLE
Director
COMPENSATION
$186K
AGE
54
TENURE
3.4 yrs

Dave Keltner

TITLE
Independent Director
COMPENSATION
$2M
AGE
58
TENURE
3.4 yrs

Jeff Rea

TITLE
Director
COMPENSATION
$189K
AGE
53
TENURE
3.4 yrs

Henry Buckley

TITLE
Director
COMPENSATION
$190K
AGE
57
TENURE
1.8 yrs

Cory Boydston

TITLE
Director
COMPENSATION
$182K
AGE
68
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by BMC Stock Holdings insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
08. May 19 Buy David Flitman Individual 08. May 19 08. May 19 9,000 $22.49 $202,445
07. May 19 Sell Michael Farmer Individual 03. May 19 03. May 19 -2,500 $22.60 $-56,490
07. May 19 Buy David Bullock Individual 06. May 19 06. May 19 3,000 $22.64 $67,928
13. Mar 19 Buy David Bullock Individual 11. Mar 19 11. Mar 19 5,000 $18.49 $92,443
09. Nov 18 Sell Michael Farmer Individual 08. Nov 18 08. Nov 18 -3,200 $17.31 $-55,384
06. Nov 18 Buy David Flitman Individual 06. Nov 18 06. Nov 18 11,000 $17.99 $197,892
07. Jun 18 Sell Michael Farmer Individual 07. Jun 18 07. Jun 18 -676 $21.30 $-14,399
06. Jun 18 Sell Carl Vertuca Individual 05. Jun 18 05. Jun 18 -10,000 $21.00 $-210,000
X
Management checks
We assess BMC Stock Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. BMC Stock Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

BMCH News

Simply Wall St News

Why BMC Stock Holdings, Inc.’s (NASDAQ:BMCH) Return On Capital Employed Is Impressive

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for BMC Stock Holdings: 0.13 = US$181m ÷ (US$1.7b - US$367m) (Based on the trailing twelve months to March 2019.) Therefore, BMC Stock Holdings has an ROCE of 13%. … What Are Current Liabilities, And How Do They Affect BMC Stock Holdings's ROCE? … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.

Simply Wall St -

Is BMC Stock Holdings, Inc. (NASDAQ:BMCH) Trading At A 15% Discount?

In this article we are going to estimate the intrinsic value of BMC Stock Holdings, Inc. … by taking the expected future cash flows and discounting them to today's value. … We generally believe that a company's value is the present value of all of the cash it will generate in the future.

Simply Wall St -

Here's What BMC Stock Holdings, Inc.'s (NASDAQ:BMCH) P/E Ratio Is Telling Us

We'll look at BMC Stock Holdings, Inc.'s (NASDAQ:BMCH) P/E ratio and reflect on what it tells us about the company's share price. … BMC Stock Holdings has a P/E ratio of 11.48, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Should You Be Adding BMC Stock Holdings (NASDAQ:BMCH) To Your Watchlist Today?

In contrast to all that, I prefer to spend time on companies like BMC Stock Holdings (NASDAQ:BMCH), which has not only revenues, but also profits. … I like to take a look at earnings before interest and (EBIT) tax margins, as well as revenue growth, to get another take on the quality of the company's growth. … BMC Stock Holdings maintained stable EBIT margins over the last year, all while growing revenue 9.4% to US$3.7b.

Simply Wall St -

If You Had Bought BMC Stock Holdings (NASDAQ:BMCH) Shares Three Years Ago You'd Have Made 10%

(NASDAQ:BMCH) share price return of 10% over three years lags the market return in the same period. … One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … During three years of share price growth, BMC Stock Holdings moved from a loss to profitability.

Simply Wall St -

Does Market Volatility Impact BMC Stock Holdings, Inc.'s (NASDAQ:BMCH) Share Price?

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful. … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Should You Think About Buying BMC Stock Holdings, Inc. (NASDAQ:BMCH) Now?

With many analysts covering the stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price? … However, what if the stock is still a bargain … Let’s take a look at BMC Stock Holdings’s outlook and value based on the most recent financial data to see if the opportunity still exists.

Simply Wall St -

BMC Stock Holdings, Inc. (NASDAQ:BMCH): The Best Of Both Worlds

Want to participate in a short research study? … Help shape the future of investing tools and you could win a $250 gift card! … Attractive stocks have exceptional fundamentals.

Simply Wall St -

Did BMC Stock Holdings, Inc. (NASDAQ:BMCH) Use Debt To Deliver Its ROE Of 13%?

This article is for those who would like to learn about Return On Equity (ROE). … Check out our latest analysis for BMC Stock Holdings? … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

How Financially Strong Is BMC Stock Holdings, Inc. (NASDAQ:BMCH)?

Investors are always looking for growth in small-cap stocks like BMC Stock Holdings, Inc. … However, an important fact which most ignore is: how financially healthy is the business? … I believe these basic checks tell most of the story you need to know.

Simply Wall St -

BMCH Company Info

Description

BMC Stock Holdings, Inc. distributes lumber and building materials to new construction, and repair and remodeling contractors in the United States. Its products comprise structural components, such as floor and roof trusses, wall panels, and engineered wood products; lumber and lumber sheet goods, including dimensional lumber, plywood, and oriented strand board products used in on-site house framing under the Ready-Frame brand; and millwork, doors, and windows comprising interior and exterior doors, windows, interior trims, custom millworks, moldings, stairs and stair parts, and cabinetry and other products. The company also sells other building products and services that consist of hardware, wood boards, gypsum, insulation, roofing, siding, and flooring; and offers design, product specification, installation, and installation management services. It primarily serves large-scale production homebuilders, custom homebuilders, single and multi-family builders, and professional repair and remodeling contractors. The company provides its products through a network of suppliers. BMC Stock Holdings, Inc. was founded in 1987 and is headquartered in Raleigh, North Carolina.

Details
Name: BMC Stock Holdings, Inc.
BMCH
Exchange: NasdaqGS
Founded: 1987
$1,460,494,730
66,507,046
Website: http://www.buildwithbmc.com
Address: BMC Stock Holdings, Inc.
8020 Arco Corporate Drive,
Suite 400,
Raleigh,
North Carolina, 27617,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS BMCH Common Shares Nasdaq Global Select US USD 02. Dec 2015
DB SB9 Common Shares Deutsche Boerse AG DE EUR 02. Dec 2015
Number of employees
Current staff
Staff numbers
9,500
BMC Stock Holdings employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 03:01
End of day share price update: 2019/05/17 00:00
Last estimates confirmation: 2019/05/02
Last earnings filing: 2019/05/01
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.