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UFPI

UFP Industries NasdaqGS:UFPI Stock Report

Last Price

US$67.35

Market Cap

US$4.2b

7D

3.4%

1Y

-7.4%

Updated

26 Jun, 2022

Data

Company Financials +
UFPI fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends4/6

UFPI Stock Overview

UFP Industries, Inc., through its subsidiaries, designs, manufactures, and markets wood and wood-alternative products in North America, Europe, Asia, and Australia.

UFP Industries Competitors

Price History & Performance

Summary of all time highs, changes and price drops for UFP Industries
Historical stock prices
Current Share PriceUS$67.35
52 Week HighUS$94.80
52 Week LowUS$64.13
Beta1.4
1 Month Change-14.64%
3 Month Change-16.80%
1 Year Change-7.40%
3 Year Change76.96%
5 Year Change131.42%
Change since IPO2,549.84%

Recent News & Updates

Jun 26

UFP Industries: An Attractive Play Even If Financial Performance Worsens

UFP Industries is an interesting construction-oriented business that has done incredibly well to grow in recent years. The company's top and bottom lines continue to fare well this year, but investors are right to worry about a potential pullback in industry conditions. If the industry does not weaken, shares seem to offer attractive upside, while even if it does, the firm will likely fare quite well.

Jun 22
Does UFP Industries (NASDAQ:UFPI) Have A Healthy Balance Sheet?

Does UFP Industries (NASDAQ:UFPI) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

May 30
Are Investors Undervaluing UFP Industries, Inc. (NASDAQ:UFPI) By 36%?

Are Investors Undervaluing UFP Industries, Inc. (NASDAQ:UFPI) By 36%?

How far off is UFP Industries, Inc. ( NASDAQ:UFPI ) from its intrinsic value? Using the most recent financial data...

Shareholder Returns

UFPIUS BuildingUS Market
7D3.4%5.3%6.6%
1Y-7.4%-24.3%-18.4%

Return vs Industry: UFPI exceeded the US Building industry which returned -24.3% over the past year.

Return vs Market: UFPI exceeded the US Market which returned -18.4% over the past year.

Price Volatility

Is UFPI's price volatile compared to industry and market?
UFPI volatility
UFPI Average Weekly Movement6.0%
Building Industry Average Movement6.5%
Market Average Movement8.1%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.2%

Stable Share Price: UFPI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: UFPI's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
195515,000Matt Missadhttps://www.ufpi.com

UFP Industries, Inc., through its subsidiaries, designs, manufactures, and markets wood and wood-alternative products in North America, Europe, Asia, and Australia. It operates through Retail, Industrial, and Construction segments. The Retail segment offers preserved and unpreserved dimensional lumber; and outdoor living products, including wood and wood composite decking and related accessories, decorative lawn, garden, craft, and hobby products.

UFP Industries Fundamentals Summary

How do UFP Industries's earnings and revenue compare to its market cap?
UFPI fundamental statistics
Market CapUS$4.17b
Earnings (TTM)US$601.06m
Revenue (TTM)US$9.30b

6.9x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
UFPI income statement (TTM)
RevenueUS$9.30b
Cost of RevenueUS$7.70b
Gross ProfitUS$1.60b
Other ExpensesUS$997.72m
EarningsUS$601.06m

Last Reported Earnings

Mar 26, 2022

Next Earnings Date

n/a

Earnings per share (EPS)9.70
Gross Margin17.19%
Net Profit Margin6.46%
Debt/Equity Ratio21.8%

How did UFPI perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

7%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is UFPI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for UFPI?

Other financial metrics that can be useful for relative valuation.

UFPI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.5x
Enterprise Value/EBITDA4.9x
PEG Ratio-2.2x

Price to Earnings Ratio vs Peers

How does UFPI's PE Ratio compare to its peers?

UFPI PE Ratio vs Peers
The above table shows the PE ratio for UFPI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average23.4x
SSD Simpson Manufacturing
13.6x2.9%US$4.2b
TREX Trex Company
28.6x11.7%US$6.6b
WMS Advanced Drainage Systems
32.5x34.8%US$7.5b
AWI Armstrong World Industries
18.9x12.8%US$3.6b
UFPI UFP Industries
6.9x-3.1%US$4.2b

Price-To-Earnings vs Peers: UFPI is good value based on its Price-To-Earnings Ratio (6.9x) compared to the peer average (23.4x).


Price to Earnings Ratio vs Industry

How does UFPI's PE Ratio compare vs other companies in the US Building Industry?

Price-To-Earnings vs Industry: UFPI is good value based on its Price-To-Earnings Ratio (6.9x) compared to the US Building industry average (16.2x)


Price to Earnings Ratio vs Fair Ratio

What is UFPI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

UFPI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.9x
Fair PE Ratio14.2x

Price-To-Earnings vs Fair Ratio: UFPI is good value based on its Price-To-Earnings Ratio (6.9x) compared to the estimated Fair Price-To-Earnings Ratio (14.2x).


Share Price vs Fair Value

What is the Fair Price of UFPI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: UFPI ($67.35) is trading below our estimate of fair value ($123.03)

Significantly Below Fair Value: UFPI is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: UFPI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


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Future Growth

How is UFP Industries forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-3.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UFPI's earnings are forecast to decline over the next 3 years (-3.1% per year).

Earnings vs Market: UFPI's earnings are forecast to decline over the next 3 years (-3.1% per year).

High Growth Earnings: UFPI's earnings are forecast to decline over the next 3 years.

Revenue vs Market: UFPI's revenue is expected to decline over the next 3 years (-1.9% per year).

High Growth Revenue: UFPI's revenue is forecast to decline over the next 3 years (-1.9% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if UFPI's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has UFP Industries performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


35.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: UFPI has high quality earnings.

Growing Profit Margin: UFPI's current net profit margins (6.5%) are higher than last year (5.1%).


Past Earnings Growth Analysis

Earnings Trend: UFPI's earnings have grown significantly by 35.9% per year over the past 5 years.

Accelerating Growth: UFPI's earnings growth over the past year (100.2%) exceeds its 5-year average (35.9% per year).

Earnings vs Industry: UFPI earnings growth over the past year (100.2%) exceeded the Building industry 27.3%.


Return on Equity

High ROE: UFPI's Return on Equity (28.9%) is considered high.


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Financial Health

How is UFP Industries's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: UFPI's short term assets ($2.5B) exceed its short term liabilities ($903.2M).

Long Term Liabilities: UFPI's short term assets ($2.5B) exceed its long term liabilities ($552.6M).


Debt to Equity History and Analysis

Debt Level: UFPI's net debt to equity ratio (16.9%) is considered satisfactory.

Reducing Debt: UFPI's debt to equity ratio has reduced from 30% to 21.8% over the past 5 years.

Debt Coverage: UFPI's debt is well covered by operating cash flow (96%).

Interest Coverage: UFPI's interest payments on its debt are well covered by EBIT (52.1x coverage).


Balance Sheet


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Dividend

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

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.19%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: UFPI's dividend (1.19%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.57%).

High Dividend: UFPI's dividend (1.19%) is low compared to the top 25% of dividend payers in the US market (4.24%).


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.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (7%), UFPI's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (15.7%), UFPI's dividend payments are well covered by cash flows.


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Management

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

11.4yrs

Average management tenure


CEO

Matt Missad (60 yo)

10.92yrs

Tenure

US$9,757,808

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 ($USD9.76M) is above average for companies of similar size in the US market ($USD6.88M).

Compensation vs Earnings: Matt's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: UFPI's management team is seasoned and experienced (11.4 years average tenure).


Board Members

Experienced Board: UFPI's board of directors are considered experienced (8.4 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 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
  • Implied Market Cap: US$4.174b
  • Shares outstanding: 61.98m
  • Website: https://www.ufpi.com

Number of Employees


Location

  • UFP Industries, Inc.
  • 2801 East Beltline Avenue, NE
  • Grand Rapids
  • Michigan
  • 49525
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/26
Annual Earnings2021/12/25


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.