NYSE:BXC

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Imperfect balance sheet and 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


Market Performance


7 Day Return

3.4%

BXC

2.2%

US Trade Distributors

0.4%

US Market


1 Year Return

37.9%

BXC

8.4%

US Trade Distributors

6.9%

US Market

Return vs Industry: BXC exceeded the US Trade Distributors industry which returned 8.4% over the past year.

Return vs Market: BXC exceeded the US Market which returned 6.9% over the past year.


Shareholder returns

BXCIndustryMarket
7 Day3.4%2.2%0.4%
30 Day1.6%2.0%-1.2%
90 Day64.8%8.4%-0.4%
1 Year37.9%37.9%10.4%8.4%9.3%6.9%
3 Year298.0%298.0%45.0%38.9%45.8%36.4%
5 Year160.1%160.1%31.3%21.9%62.9%45.1%

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?

33.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: BXC ($32.51) is trading below our estimate of fair value ($48.71)

Significantly Undervalued: BXC is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: BXC is unprofitable, so we can't compare its PE Ratio to the Trade Distributors industry average.

PE vs Market: BXC is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate BXC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BXC has negative assets, so we can't compare its PB Ratio to the US Trade Distributors industry average.


Next Steps

Future Growth

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

159.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BXC is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: BXC is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: BXC is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: BXC's revenue is expected to decline over the next 3 years (-2.3% per year).

High Growth Revenue: BXC's revenue is forecast to decline over the next 3 years (-2.3% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

High 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?

14.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: BXC is unprofitable, but has reduced losses over the past 5 years at a rate of 14.5% per year.

Accelerating Growth: Unable to compare BXC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BXC is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (0.9%).


Return on Equity

High ROE: BXC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets

ROA vs Industry: BXC is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: BXC is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is BlueLinx Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: BXC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: BXC has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: BXC has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: BXC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: BXC has a high level of physical assets or inventory.

Debt Coverage by Assets: BXC has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable BXC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: BXC is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -41.6% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%1.4%markettop25%3.7%industryaverage2.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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: BXC is not paying a notable dividend for the US market.


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

What is the CEO of BlueLinx Holdings's salary, the management and board of directors tenure and is there insider trading?

1.5yrs

Average management tenure


CEO

Mitch Lewis (57yo)

5.8yrs

Tenure

US$3,373,606

Compensation

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


CEO Compensation Analysis

Compensation vs. Market: Mitch's total compensation ($USD3.37M) is about average for companies of similar size in the US market ($USD1.79M).

Compensation vs Earnings: Mitch's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

1.5yrs

Average Tenure

47yo

Average Age

Experienced Management: BXC's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Age and Tenure

3.4yrs

Average Tenure

66.5yo

Average Age

Experienced Board: BXC's board of directors are considered experienced (3.4 years average tenure).


Insider Trading

Insider Buying: BXC insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$32,38823 Aug 19
Mitchell Lewis
EntityIndividual
Role
Chief Executive Officer
President
Shares1,200
Max PriceUS$26.99
BuyUS$43,43111 Jul 19
Nokomis Capital, L.L.C.
EntityCompany
Shares2,335
Max PriceUS$18.60
BuyUS$1,335,05909 Jul 19
Nokomis Capital, L.L.C.
EntityCompany
Shares73,476
Max PriceUS$18.17
BuyUS$2,502,65810 Jun 19
Coliseum Capital Management, LLC
EntityCompany
Shares123,672
Max PriceUS$23.50
BuyUS$3,803,74121 May 19
Coliseum Capital Management, LLC
EntityCompany
Shares161,113
Max PriceUS$24.69
BuyUS$2,419,78315 Apr 19
Coliseum Capital Management, LLC
EntityCompany
Shares99,100
Max PriceUS$24.75
BuyUS$2,152,89228 Dec 18
Nokomis Capital, L.L.C.
EntityCompany
Shares105,989
Max PriceUS$20.32
BuyUS$1,005,84227 Dec 18
Nokomis Capital, L.L.C.
EntityCompany
Shares49,117
Max PriceUS$20.48
BuyUS$46,54514 Nov 18
Mitchell Lewis
EntityIndividual
Role
Chief Executive Officer
President
Shares1,941
Max PriceUS$23.98
BuyUS$59,92513 Nov 18
Susan O'Farrell
EntityIndividual
Role
Chief Financial Officer
Senior VP
Shares2,500
Max PriceUS$23.97
BuyUS$48,04013 Nov 18
Mitchell Lewis
EntityIndividual
Role
Chief Executive Officer
President
Shares1,962
Max PriceUS$24.49
BuyUS$51,74413 Nov 18
Alexander Averitt
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares2,100
Max PriceUS$24.64

Ownership Breakdown


Management Team

  • Mitch Lewis (57yo)

    President

    • Tenure: 5.8yrs
    • Compensation: US$3.37m
  • D. Trousdale (55yo)

    Vice Chairman of Operating Companies & Integration Leader

    • Tenure: 1.5yrs
  • Shyam Reddy (44yo)

    Senior VP & Chief Transformation Officer

    • Tenure: 4.3yrs
    • Compensation: US$722.04k
  • Susan O'Farrell (55yo)

    Senior VP

    • Tenure: 5.4yrs
    • Compensation: US$753.64k
  • Alex Averitt (42yo)

    Chief Operating Officer

    • Tenure: 1.5yrs
  • Justin Heineman (47yo)

    VP, General Counsel & Corporate Secretary

    • Tenure: 1.4yrs
  • Brian Sasadu (45yo)

    Chief Human Resource Officer

    • Tenure: 0.8yrs
  • Mary Moll

    Director of Investor Relations

    • Tenure: 0yrs

Board Members

  • J. Smith (70yo)

    Independent Director

    • Tenure: 2.4yrs
    • Compensation: US$175.00k
  • Alan Schumacher (72yo)

    Independent Director

    • Tenure: 15.4yrs
    • Compensation: US$190.00k
  • Mitch Lewis (57yo)

    President

    • Tenure: 5.8yrs
    • Compensation: US$3.37m
  • Kim Fennebresque (69yo)

    Non-Executive Chairman

    • Tenure: 3.4yrs
    • Compensation: US$290.00k
  • Karel Czanderna (63yo)

    Independent Director

    • Tenure: 1.8yrs
    • Compensation: US$160.00k
  • Dominic DiNapoli (64yo)

    Independent Director

    • Tenure: 3.4yrs
    • Compensation: US$175.00k

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: 1996
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: US$304.455m
  • Shares outstanding: 9.36m
  • 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

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 Analysis2019/10/18 23:52
End of Day Share Price2019/10/18 00:00
Earnings2019/06/29
Annual Earnings2018/12/29


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.