NYSE:BXC

Stock Analysis Report

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Executive Summary

BlueLinx Holdings Inc., together with its subsidiaries, distributes building and industrial products in the United States. More Details


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has BlueLinx Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BXC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: BXC's weekly volatility has decreased from 16% to 9% over the past year.


Market Performance


7 Day Return

4.7%

BXC

-0.5%

US Trade Distributors

-0.4%

US Market


1 Year Return

151.8%

BXC

24.8%

US Trade Distributors

19.5%

US Market

Return vs Industry: BXC exceeded the US Trade Distributors industry which returned 24.8% over the past year.

Return vs Market: BXC exceeded the US Market which returned 19.6% over the past year.


Shareholder returns

BXCIndustryMarket
7 Day4.7%-0.5%-0.4%
30 Day25.2%4.7%2.3%
90 Day44.5%23.0%12.7%
1 Year151.8%151.8%27.6%24.8%22.3%19.5%
3 Year181.9%181.9%27.9%21.9%44.4%34.8%
5 Year878.9%878.9%143.3%124.0%128.7%103.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is BlueLinx Holdings undervalued compared to its fair value and its price relative to the market?

6.7x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BXC ($36.23) is trading above our estimate of fair value ($0)

Significantly Below Fair Value: BXC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BXC is good value based on its PE Ratio (6.7x) compared to the US Trade Distributors industry average (24.7x).

PE vs Market: BXC is good value based on its PE Ratio (6.7x) compared to the US market (21x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BXC is overvalued based on its PB Ratio (9x) compared to the US Trade Distributors industry average (1.9x).


Next Steps

Future Growth

How is BlueLinx Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-12.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BXC's earnings are forecast to decline over the next 3 years (-12.2% per year).

Earnings vs Market: BXC's earnings are forecast to decline over the next 3 years (-12.2% per year).

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

Revenue vs Market: BXC's revenue (3.6% per year) is forecast to grow slower than the US market (10.3% per year).

High Growth Revenue: BXC's revenue (3.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has BlueLinx Holdings performed over the past 5 years?

-5.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BXC has a large one-off gain of $12.5M impacting its September 26 2020 financial results.

Growing Profit Margin: BXC became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: BXC has become profitable over the past 5 years, growing earnings by -5.4% per year.

Accelerating Growth: BXC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BXC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Trade Distributors industry (-6.9%).


Return on Equity

High ROE: Whilst BXC's Return on Equity (133.01%) is outstanding, this metric is skewed due to their high level of debt.


Next Steps

  • Explore strong past performing companies in the Capital Goods industry.

Financial Health

How is BlueLinx Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: BXC's short term assets ($648.2M) exceed its short term liabilities ($234.1M).

Long Term Liabilities: BXC's short term assets ($648.2M) do not cover its long term liabilities ($751.0M).


Debt to Equity History and Analysis

Debt Level: BXC's debt to equity ratio (813.3%) is considered high.

Reducing Debt: BXC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: BXC's debt is well covered by operating cash flow (33%).

Interest Coverage: BXC's interest payments on its debt are not well covered by EBIT (2x coverage).


Balance Sheet


Next Steps

Dividend

What is BlueLinx Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BXC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BXC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BXC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BXC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BXC's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

2.3yrs

Average management tenure


CEO

Mitch Lewis (58 yo)

7yrs

Tenure

US$3,093,880

Compensation

Mr. Mitchell B. Lewis, also known as Mitch, has been an Independent Director of GMS Inc. since July 23, 2019. Mr. Lewis has been the Chief Executive Officer and President at Bluelinx Holdings Inc. since Ja...


CEO Compensation Analysis

Compensation vs Market: Mitch's total compensation ($USD3.09M) is above average for companies of similar size in the US market ($USD1.67M).

Compensation vs Earnings: Mitch's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Mitchell Lewis
President7yrsUS$3.09m2.02%
$ 6.9m
Alexander Averitt
Chief Operating Officer2.75yrsUS$1.03m0.087%
$ 296.9k
Kelly Janzen
Senior VP0.75yrno data0.16%
$ 543.5k
Shyam Reddy
Senior VP of Corporate Development & Chief Administrative Officer1.67yrsUS$722.04k0.26%
$ 879.6k
Mary Moll
Director of Investor Relationsno datano datano data
Justin Heineman
VP, General Counsel & Corporate Secretary2.67yrsno data0.023%
$ 78.2k
Brian Sasadu
Chief Human Resource Officer2yrsno data0.031%
$ 107.4k

2.3yrs

Average Tenure

46.5yo

Average Age

Experienced Management: BXC's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mitchell Lewis
President7yrsUS$3.09m2.02%
$ 6.9m
J. Smith
Independent Director3.67yrsUS$208.78k0.085%
$ 289.8k
Alan Schumacher
Independent Director16.67yrsUS$223.78k0.14%
$ 486.5k
Kim Fennebresque
Independent Non-Executive Chairman & Lead Director4.67yrsUS$350.06k0.32%
$ 1.1m
Dominic DiNapoli
Independent Director4.67yrsUS$208.78k0.053%
$ 181.2k
Karel Czanderna
Independent Director3yrsUS$193.78k0.032%
$ 108.7k

4.7yrs

Average Tenure

67yo

Average Age

Experienced Board: BXC's board of directors are considered experienced (4.7 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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

BlueLinx Holdings Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BlueLinx Holdings Inc.
  • Ticker: BXC
  • Exchange: NYSE
  • Founded:
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: US$342.792m
  • Shares outstanding: 9.46m
  • Website: https://www.bluelinxco.com

Number of Employees


Location

  • BlueLinx Holdings Inc.
  • 1950 Spectrum Circle
  • Suite 300
  • Marietta
  • Georgia
  • 30067
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BXCNYSE (New York Stock Exchange)YesCommon StockUSUSDDec 2004
FZG1DB (Deutsche Boerse AG)YesCommon StockDEEURDec 2004

Biography

BlueLinx Holdings Inc., together with its subsidiaries, distributes building and industrial products in the United States. It distributes structural products, including plywood, oriented strand board, reba...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/18 23:28
End of Day Share Price2021/01/15 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.