NasdaqGS:PATK

Stock Analysis Report

Executive Summary

Patrick Industries, Inc. manufactures and distributes building products and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States and Canada.

Rewards

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Risk Analysis

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Snowflake Analysis

Good value with mediocre balance sheet.


Similar Companies

Share Price & News

How has Patrick Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-25.2%

PATK

-6.1%

US Building

-2.0%

US Market


1 Year Return

-52.7%

PATK

-24.6%

US Building

-15.1%

US Market


Shareholder returns

PATKIndustryMarket
7 Day-25.2%-6.1%-2.0%
30 Day-55.5%-35.1%-19.7%
90 Day-57.5%-35.0%-23.2%
1 Year-52.2%-52.7%-23.4%-24.6%-13.4%-15.1%
3 Year-47.1%-47.6%-21.0%-24.6%10.9%3.7%
5 Year-17.1%-17.9%-6.6%-18.6%28.4%14.4%

Price Volatility Vs. Market

How volatile is Patrick Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Patrick Industries undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value


Price To Earnings Ratio


Price to Earnings Growth Ratio


Price to Book Ratio


Next Steps

Future Growth

How is Patrick Industries forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

5.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts


Earnings per Share Growth Forecasts


Future Return on Equity


Next Steps

Past Performance

How has Patrick Industries performed over the past 5 years?

25.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis


Return on Equity


Next Steps

Financial Health

How is Patrick Industries's financial position?


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


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.


Next Steps

Dividend

What is Patrick Industries's current dividend yield, its reliability and sustainability?

4.50%

Current Dividend Yield


Dividend Yield vs Market


Stability and Growth of Payments


Current Payout to Shareholders


Future Payout to Shareholders


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.6yrs

Average management tenure


CEO

Andy Nemeth (50yo)

0.25

Tenure

US$2,780,030

Compensation

Mr. Andy L. Nemeth serves as the Chief Executive Officer of Patrick Industries Inc. since January 1, 2019. He has been the President of Patrick Industries Inc since January 1, 2016. Mr. Nemeth was the Exec ...


CEO Compensation Analysis


Leadership Team

NamePositionTenureCompensationOwnership
Todd Cleveland
Executive Chairman of the Board1.92yrsUS$6.86m2.65% $14.1m
Andy Nemeth
CEO, President & Director0.25yrUS$2.78m0.96% $5.1m
Joshua Boone
VP of Finance4.25yrsUS$1.29m0.23% $1.2m
Kip Ellis
Executive VP of Operations & COO3.58yrsUS$1.91m0.35% $1.9m
Jeffrey Rodino
Executive VP of Sales & Chief Sales Officer3.58yrsUS$1.80m0.51% $2.7m
Julie Kotowski
Director of Financial Reporting & Investor Relationsno datano datano data
Courtney Blosser
Executive VP of Human Resources & Chief Human Resources Officer3.92yrsUS$1.10m0.23% $1.2m

3.6yrs

Average Tenure

49.5yo

Average Age


Board Members

NamePositionTenureCompensationOwnership
Todd Cleveland
Executive Chairman of the Board1.92yrsUS$6.86m2.65% $14.1m
Andy Nemeth
CEO, President & Director0.25yrUS$2.78m0.96% $5.1m
M. Welch
Lead Independent Director1.92yrsUS$164.53k0.48% $2.5m
Denis Suggs
Independent Director1.08yrsno data0.011% $57.5k
Joseph Cerulli
Independent Director11.75yrsUS$162.53k0.17% $918.4k
John Forbes
Independent Director8.67yrsUS$166.53k0.13% $706.1k
Derrick Mayes
Independent Director1.08yrsno data0.011% $57.5k
Michael Kitson
Independent Director7.08yrsUS$169.53k0.077% $408.0k
Pamela Klyn
Independent Director1.08yrsno data0.011% $57.5k

1.9yrs

Average Tenure

53yo

Average Age


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume


Recent Insider Transactions

Ownership Breakdown


Top Shareholders

Company Information

Patrick Industries, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Patrick Industries, Inc.
  • Ticker: PATK
  • Exchange: NasdaqGS
  • Founded: 1959
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: US$530.870m
  • Shares outstanding: 23.88m
  • Website: https://www.patrickind.com

Number of Employees


Location

  • Patrick Industries, Inc.
  • 107 West Franklin Street
  • PO Box 638
  • Elkhart
  • Indiana
  • 46515
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PATKNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDDec 1971
PATK *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNDec 1971

Biography

Patrick Industries, Inc. manufactures and distributes building products and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States and Canada. Its Manufacturing segment manufactures and sells furniture, shelving, walls, countertops, and cabinet products; cabinet doors, fiberglass bath fixtures, and tile systems; hardwood furniture, vinyl printing, solid surface, granite, and quartz countertop fabrication products; RV paintings; fabricated aluminum products; decorative vinyl and paper laminated panels; fiberglass and plastic components; softwoods lumber; custom cabinets; polymer-based flooring products; and electrical systems and components, including instrument and dash panels, and other products. This segment also provides wrapped vinyl, paper, and hardwood profile moldings; interior passage doors; slide-out trim and fascia products; thermoformed shower surrounds; specialty bath and closet building products; fiberglass and plastic helm systems and components; wiring and wire harnesses; aluminum fuel tanks; boat covers, towers, tops, and frames; CNC molds and composite parts; and slotwall panels and components. The company’s Distribution segment distributes pre-finished wall and ceiling panels, drywall and drywall finishing products, electronics, audio systems components, appliances, wiring products, electrical and plumbing products, cement siding products, raw and processed lumber, fiber reinforced polyester products, interior passage doors, roofing products, laminate and ceramic flooring products, shower doors, furniture, fireplaces and surrounds, interior and exterior lighting products, and other products. This segment also offers transportation and logistics services. It offers its products through a network of manufacturing and distribution centers. The company was founded in 1959 and is headquartered in Elkhart, Indiana. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/04 05:02
End of Day Share Price2020/04/03 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.