Universal Forest Products, Inc., through its subsidiaries, designs, manufactures, and markets wood and wood-alternative products in North America, Europe, Asia, and Australia.
Flawless balance sheet with proven track record and pays a dividend.
Share Price & News
How has Universal Forest Products's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: UFPI's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: UFPI exceeded the US Building industry which returned -23.5% over the past year.
Return vs Market: UFPI exceeded the US Market which returned -14.9% over the past year.
Price Volatility Vs. Market
How volatile is Universal Forest Products's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StWhat Is Universal Forest Products's (NASDAQ:UFPI) P/E Ratio After Its Share Price Tanked?
1 week ago | Simply Wall StIs Now The Time To Look At Buying Universal Forest Products, Inc. (NASDAQ:UFPI)?
2 weeks ago | Simply Wall StA Sliding Share Price Has Us Looking At Universal Forest Products, Inc.'s (NASDAQ:UFPI) P/E Ratio
Is Universal Forest Products undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: UFPI ($33.12) is trading above our estimate of fair value ($23.02)
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 (11.4x) compared to the Building industry average (14.7x).
PE vs Market: UFPI is good value based on its PE Ratio (11.4x) compared to the US market (12.5x).
Price to Earnings Growth Ratio
PEG Ratio: UFPI is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: UFPI is overvalued based on its PB Ratio (1.6x) compared to the US Building industry average (1.1x).
How is Universal Forest Products forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UFPI's forecast earnings growth (13.9% per year) is above the savings rate (1.7%).
Earnings vs Market: UFPI's earnings (13.9% per year) are forecast to grow faster than the US market (12.2% per year).
High Growth Earnings: UFPI's earnings are forecast to grow, but not significantly.
Revenue vs Market: UFPI's revenue (4% per year) is forecast to grow slower than the US market (7.1% per year).
High Growth Revenue: UFPI's revenue (4% 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 (14.8%).
How has Universal Forest Products performed over the past 5 years?
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%) are higher than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: UFPI's earnings have grown significantly by 20.6% per year over the past 5 years.
Accelerating Growth: UFPI's earnings growth over the past year (20.6%) is below its 5-year average (20.6% per year).
Earnings vs Industry: UFPI earnings growth over the past year (20.6%) exceeded the Building industry -15.9%.
Return on Equity
High ROE: UFPI's Return on Equity (14.5%) is considered low.
How is Universal Forest Products's financial position?
Financial Position Analysis
Short Term Liabilities: UFPI's short term assets ($1.1B) exceed its short term liabilities ($354.0M).
Long Term Liabilities: UFPI's short term assets ($1.1B) exceed its long term liabilities ($277.7M).
Debt to Equity History and Analysis
Debt Level: UFPI's debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: UFPI's debt to equity ratio has reduced from 14.5% to 13% over the past 5 years.
Debt Coverage: UFPI's debt is well covered by operating cash flow (213.4%).
Interest Coverage: UFPI's interest payments on its debt are well covered by EBIT (36.5x coverage).
Inventory Level: UFPI has a high level of physical assets or inventory.
Debt Coverage by Assets: UFPI's debt is covered by short term assets (assets are 6.7x debt).
What is Universal Forest Products's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UFPI's dividend (1.51%) isn’t notable compared to the bottom 25% of dividend payers in the US market (2.04%).
High Dividend: UFPI's dividend (1.51%) is low compared to the top 25% of dividend payers in the US market (5.7%).
Stability and Growth of Payments
Stable Dividend: UFPI's dividends per share have been stable in the past 10 years.
Growing Dividend: UFPI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (13.7%), UFPI's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: UFPI's dividends in 3 years are forecast to be thoroughly covered by earnings (14.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Matt Missad (58yo)
Mr. Matthew Jon Missad, also known as Matt, CPA, has been the Chief Executive Officer of Universal Forest Products, Inc. since July 13, 2011. He served as the President of ECJW Holdings, Inc. Mr. Missad jo ...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD4.94M) is about average for companies of similar size in the US market ($USD4.70M).
Compensation vs Earnings: Matt's compensation has increased by more than 20% in the past year.
|CEO & Director||8.75yrs||US$4.94m||0.48% $9.8m|
|President & COO||11.25yrs||US$3.73m||0.43% $8.9m|
|CFO & Treasurer||19.75yrs||US$2.20m||0.24% $4.9m|
|President & COO of UFP Retail||9.25yrs||US$2.41m||0.22% $4.5m|
|President of UFP Construction||no data||US$2.07m||0.22% $4.5m|
|Vice President of Accounting||14.17yrs||no data||0.020% $412.6k|
|Chief Compliance Officer||8.67yrs||no data||0.0029% $60.3k|
|Director of Corporate Communications||17.25yrs||no data||no data|
|Executive Vice President of National Sales||9.25yrs||no data||0.038% $775.6k|
|Executive Vice President of Manufacturing||21.25yrs||US$715.88k||0.069% $1.4m|
Experienced Management: UFPI's management team is seasoned and experienced (11.3 years average tenure).
|CEO & Director||8.75yrs||US$4.94m||0.48% $9.8m|
|Independent Director||5.25yrs||US$210.00k||0.0015% $30.7k|
|Independent Director||6.25yrs||US$193.00k||0.034% $701.8k|
|Independent Chairman of the Board||10.75yrs||US$370.00k||0.37% $7.5m|
|Independent Director||11.25yrs||US$191.00k||0.046% $931.3k|
|Independent Director||4.25yrs||US$196.00k||0.018% $360.2k|
|Independent Director||1.25yrs||US$191.00k||no data|
|Independent Director||8yrs||US$198.00k||0.0015% $30.7k|
|Independent Director||0.25yr||no data||no data|
Experienced Board: UFPI's board of directors are considered experienced (6.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: UFPI insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Universal Forest Products, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Universal Forest Products, Inc.
- Ticker: UFPI
- Exchange: NasdaqGS
- Founded: 1955
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: US$2.045b
- Shares outstanding: 61.76m
- Website: https://www.ufpi.com
Number of Employees
- Universal Forest Products, Inc.
- 2801 East Beltline Avenue, NE
- Grand Rapids
- United States
|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|
|UF3||BRSE (Berne Stock Exchange)||Yes||Common Stock||CH||CHF||Nov 1993|
Universal Forest Products, 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 unpreserved dimensional lumber; outdoor living products, including wood and wood composite decking and related accessories, and decorative lawn and garden products; and engineered wood components, which include roof and floor trusses, wall panels, engineered floor systems, I-joists, and lumber packages. It also provides pallets, specialty crates, wooden boxes, and other containers and products that are used for packaging, shipping, and material handling applications; designs, manufactures, and installs interior fixtures that are used in retail and commercial structures; and provides lumber cut and shaped, plywood, oriented strand board, and dimensional lumber products for use in the construction of manufactured housings. In addition, the company supplies siding, electrical, and plumbing products to manufactured housing and recreational vehicle customers; and wood forms and related products to set or form concrete for various structures, such as parking garages, stadiums, and bridges. Further, it provides framing services; and specialty wood packaging, components, and packing materials for various industries. The company primarily sells its products under the roWood, Deckorators, UFP-Edge, Outdoor Essentials, Dimensions, and ProWood FR trademarks. It serves retail market comprising home center retailers, retail-oriented regional lumberyards, and contractor-oriented lumberyards; industrial market, including manufacturers and agricultural customers; and construction market, such as manufactured housing, residential construction, and commercial construction markets. The company was founded in 1955 and is headquartered in Grand Rapids, Michigan.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/04 00:35|
|End of Day Share Price||2020/04/03 00:00|
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.