NasdaqGS:UFPI

Stock Analysis Report

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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


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

0.5%

US Building

2.8%

US Market


1 Year Return

9.0%

UFPI

15.7%

US Building

20.9%

US Market

Return vs Industry: UFPI underperformed the US Building industry which returned 15.7% over the past year.

Return vs Market: UFPI underperformed the US Market which returned 20.9% over the past year.


Shareholder returns

UFPIIndustryMarket
7 Day0.09%0.5%2.8%
30 Day8.3%10.6%12.8%
90 Day-8.9%12.2%6.6%
1 Year9.8%9.0%23.5%15.7%23.6%20.9%
3 Year44.5%40.4%42.0%30.5%47.3%37.6%
5 Year118.2%108.1%94.4%66.6%94.3%72.9%

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

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 ($54.04) is trading above our estimate of fair value ($41.1)

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 (24.1x).

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 (10.3% 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


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 (4.08%).


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 ($USD4.94M) is about average for companies of similar size in the US market ($USD5.17M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Matthew Missad
CEO & Director9.33yrsUS$4.94m0.45%
$ 14.9m
Patrick Webster
President & COO11.83yrsUS$3.73m0.32%
$ 10.6m
Michael Cole
CFO & Treasurer20.33yrsUS$2.20m0.24%
$ 7.9m
Allen Peters
President & COO of UFP Retail9.83yrsUS$2.41m0.21%
$ 6.9m
Patrick Benton
President of UFP Constructionno dataUS$2.07m0.21%
$ 7.0m
Scott Bravata
Vice President of Accounting14.67yrsno data0.020%
$ 673.2k
David Tutas
Chief Compliance Officer9.25yrsno data0.0042%
$ 139.2k
Lynn Afendoulis
Director of Corporate Communications17.83yrsno datano data
Donald James
Executive Vice President of National Sales9.83yrsno data0.038%
$ 1.3m
Robert Coleman
Executive Vice President of Manufacturing21.83yrsUS$715.88k0.070%
$ 2.3m
C. Greene
Executive Vice President of Strategy & Development2.83yrsUS$220.21k0.0041%
$ 135.2k
Michael Mordell
Executive Vice President of International Operations10.83yrsno data0.0058%
$ 192.4k

10.8yrs

Average Tenure

59yo

Average Age

Experienced Management: UFPI's management team is seasoned and experienced (10.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Matthew Missad
CEO & Director9.33yrsUS$4.94m0.45%
$ 14.9m
Brian Walker
Independent Director5.83yrsUS$210.00k0.0015%
$ 49.9k
Mary Tuuk
Independent Director6.83yrsUS$193.00k0.035%
$ 1.1m
William Currie
Independent Chairman of the Board11.33yrsUS$370.00k0.36%
$ 12.0m
Bruce Merino
Independent Director11.83yrsUS$191.00k0.049%
$ 1.6m
Michael Wooldridge
Independent Director4.83yrsUS$196.00k0.019%
$ 640.1k
Joan Budden
Independent Director1.83yrsUS$191.00kno data
Thomas Rhodes
Independent Director8.58yrsUS$198.00k0.0015%
$ 49.9k
Benjamin McLean
Independent Director0.83yrno datano 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UFPINasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDNov 1993
UF3DB (Deutsche Boerse AG)YesCommon StockDEEURNov 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/29 23:26
End of Day Share Price2020/11/27 00:00
Earnings2020/09/26
Annual Earnings2019/12/28


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.