UFP Industries
Market Cap
US$3.3b
Last Updated
2020/11/27 23:27 UTC
Data Sources
Company Financials +
Executive Summary
UFP Industries, Inc., through its subsidiaries, designs, manufactures, and markets wood and wood-alternative products in North America, Europe, Asia, and Australia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with excellent balance sheet and pays a dividend.
Similar Companies
Share Price & News
How has UFP Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: UFPI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: UFPI's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
0.09%
UFPI
-0.2%
US Building
2.1%
US Market
1 Year Return
9.0%
UFPI
14.8%
US Building
19.8%
US Market
Return vs Industry: UFPI underperformed the US Building industry which returned 14.8% over the past year.
Return vs Market: UFPI underperformed the US Market which returned 19.7% over the past year.
Shareholder returns
| UFPI | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.09% | -0.2% | 2.1% |
| 30 Day | 6.7% | 10.8% | 8.1% |
| 90 Day | -11.1% | 11.2% | 6.0% |
| 1 Year | 9.8%9.0% | 22.5%14.8% | 22.5%19.8% |
| 3 Year | 44.5%40.4% | 41.5%30.0% | 46.5%36.8% |
| 5 Year | 118.2%108.1% | 97.7%69.4% | 96.9%75.3% |
Long-Term Price Volatility Vs. Market
How volatile is UFP Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
UFP Industries, Inc. (NASDAQ:UFPI) Looks Like A Good Stock, And It's Going Ex-Dividend Soon2 weeks ago | Simply Wall St
UFP Industries, Inc. (NASDAQ:UFPI) Is An Attractive Dividend Stock - Here's Why3 weeks ago | Simply Wall St
Will Weakness in UFP Industries, Inc.'s (NASDAQ:UFPI) Stock Prove Temporary Given Strong Fundamentals?Valuation
Is UFP Industries undervalued compared to its fair value and its price relative to the market?
15.05x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: UFPI ($54.05) is trading above our estimate of fair value ($41.13)
Significantly Below Fair Value: UFPI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: UFPI is good value based on its PE Ratio (15x) compared to the US Building industry average (24x).
PE vs Market: UFPI is good value based on its PE Ratio (15x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: UFPI is poor value based on its PEG Ratio (3.2x)
Price to Book Ratio
PB vs Industry: UFPI is good value based on its PB Ratio (2.4x) compared to the US Building industry average (2.8x).
Next Steps
Future Growth
How is UFP Industries forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
4.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UFPI's forecast earnings growth (4.7% per year) is above the savings rate (2.2%).
Earnings vs Market: UFPI's earnings (4.7% per year) are forecast to grow slower than the US market (22% per year).
High Growth Earnings: UFPI's earnings are forecast to grow, but not significantly.
Revenue vs Market: UFPI's revenue (1% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: UFPI's revenue (1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: UFPI's Return on Equity is forecast to be low in 3 years time (15.6%).
Next Steps
Past Performance
How has UFP Industries performed over the past 5 years?
19.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UFPI has high quality earnings.
Growing Profit Margin: UFPI's current net profit margins (4.5%) are higher than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: UFPI's earnings have grown by 19.3% per year over the past 5 years.
Accelerating Growth: UFPI's earnings growth over the past year (28.2%) exceeds its 5-year average (19.3% per year).
Earnings vs Industry: UFPI earnings growth over the past year (28.2%) exceeded the Building industry 11.8%.
Return on Equity
High ROE: UFPI's Return on Equity (16.1%) is considered low.
Next Steps
Financial Health
How is UFP Industries's financial position?
Financial Position Analysis
Short Term Liabilities: UFPI's short term assets ($1.5B) exceed its short term liabilities ($493.6M).
Long Term Liabilities: UFPI's short term assets ($1.5B) exceed its long term liabilities ($443.2M).
Debt to Equity History and Analysis
Debt Level: UFPI's debt to equity ratio (22.2%) is considered satisfactory.
Reducing Debt: UFPI's debt to equity ratio has increased from 11.3% to 22.2% over the past 5 years.
Debt Coverage: UFPI's debt is well covered by operating cash flow (107.1%).
Interest Coverage: UFPI's interest payments on its debt are well covered by EBIT (53.5x coverage).
Balance Sheet
Next Steps
Dividend
What is UFP Industries's current dividend yield, its reliability and sustainability?
0.92%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: UFPI's dividend (0.93%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: UFPI's dividend (0.93%) is low compared to the top 25% of dividend payers in the US market (4.05%).
Stability and Growth of Payments
Stable Dividend: UFPI's dividends per share have been stable in the past 10 years.
Growing Dividend: UFPI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16%), UFPI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: UFPI's dividends in 3 years are forecast to be thoroughly covered by earnings (12.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
10.8yrs
Average management tenure
CEO
Matt Missad (59 yo)
9.33yrs
Tenure
US$4,944,863
Compensation
Mr. Matthew Jon Missad, also known as Matt, CPA, has been the Chief Executive Officer of UFP Industries, Inc. (formerly known as Universal Forest Products, Inc.) since July 13, 2011. He served as the Presi...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD4.94M) is about average for companies of similar size in the US market ($USD5.15M).
Compensation vs Earnings: Matt's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 9.33yrs | US$4.94m | 0.45% $ 14.9m | |
| President & COO | 11.83yrs | US$3.73m | 0.32% $ 10.6m | |
| CFO & Treasurer | 20.33yrs | US$2.20m | 0.24% $ 7.9m | |
| President & COO of UFP Retail | 9.83yrs | US$2.41m | 0.21% $ 6.9m | |
| President of UFP Construction | no data | US$2.07m | 0.21% $ 7.0m | |
| Vice President of Accounting | 14.75yrs | no data | 0.020% $ 673.3k | |
| Chief Compliance Officer | 9.25yrs | no data | 0.0042% $ 139.2k | |
| Director of Corporate Communications | 17.83yrs | no data | no data | |
| Executive Vice President of National Sales | 9.83yrs | no data | 0.038% $ 1.3m | |
| Executive Vice President of Manufacturing | 21.83yrs | US$715.88k | 0.070% $ 2.3m | |
| Executive Vice President of Strategy & Development | 2.83yrs | US$220.21k | 0.0041% $ 135.3k | |
| Executive Vice President of International Operations | 10.83yrs | no data | 0.0058% $ 192.5k |
10.8yrs
Average Tenure
59yo
Average Age
Experienced Management: UFPI's management team is seasoned and experienced (10.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 9.33yrs | US$4.94m | 0.45% $ 14.9m | |
| Independent Director | 5.83yrs | US$210.00k | 0.0015% $ 49.9k | |
| Independent Director | 6.83yrs | US$193.00k | 0.035% $ 1.1m | |
| Independent Chairman of the Board | 11.33yrs | US$370.00k | 0.36% $ 12.0m | |
| Independent Director | 11.83yrs | US$191.00k | 0.049% $ 1.6m | |
| Independent Director | 4.83yrs | US$196.00k | 0.019% $ 640.3k | |
| Independent Director | 1.83yrs | US$191.00k | no data | |
| Independent Director | 8.58yrs | US$198.00k | 0.0015% $ 49.9k | |
| Independent Director | 0.83yr | no data | no data |
6.8yrs
Average Tenure
58yo
Average Age
Experienced Board: UFPI's board of directors are considered experienced (6.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: UFPI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
UFP Industries, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: UFP Industries, Inc.
- Ticker: UFPI
- Exchange: NasdaqGS
- Founded: 1955
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: US$3.307b
- Shares outstanding: 61.19m
- Website: https://www.ufpi.com
Number of Employees
Location
- UFP Industries, Inc.
- 2801 East Beltline Avenue, NE
- Grand Rapids
- Michigan
- 49525
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| UFPI | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Nov 1993 |
| UF3 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Nov 1993 |
Biography
UFP Industries, Inc., through its subsidiaries, designs, manufactures, and markets wood and wood-alternative products in North America, Europe, Asia, and Australia. The company offers preserved and unprese...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/27 23:27 |
| End of Day Share Price | 2020/11/27 00:00 |
| Earnings | 2020/09/26 |
| Annual Earnings | 2019/12/28 |
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.