Core & Main Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: CNM ($56.34) is trading above our estimate of fair value ($34.46)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

CNM 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/Revenue1.9x
Enterprise Value/EBITDA14.4x
PEG Ratio1.6x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CNM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.9x
AER AerCap Holdings
5.2x-28.9%US$16.2b
WCC WESCO International
11.6x6.0%US$8.2b
WSO Watsco
30.7x8.4%US$15.4b
SITE SiteOne Landscape Supply
44.1x12.9%US$7.6b
CNM Core & Main
29.2x18.8%US$11.3b

Price-To-Earnings vs Peers: CNM is expensive based on its Price-To-Earnings Ratio (29.2x) compared to the peer average (22.9x).


Price to Earnings Ratio vs Industry

How does CNM's PE Ratio compare vs other companies in the US Trade Distributors Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a8.3%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a8.3%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: CNM is expensive based on its Price-To-Earnings Ratio (29.2x) compared to the US Trade Distributors industry average (18.1x).


Price to Earnings Ratio vs Fair Ratio

What is CNM'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.

CNM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio29.2x
Fair PE Ratio28.4x

Price-To-Earnings vs Fair Ratio: CNM is expensive based on its Price-To-Earnings Ratio (29.2x) compared to the estimated Fair Price-To-Earnings Ratio (28.4x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CNM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$56.34
US$60.36
+7.1%
14.6%US$75.00US$38.00n/a11
Apr ’25US$57.28
US$59.50
+3.9%
14.2%US$75.00US$38.00n/a12
Mar ’25US$48.97
US$46.62
-4.8%
20.5%US$69.00US$28.00n/a13
Feb ’25US$42.06
US$46.15
+9.7%
20.0%US$69.00US$28.00n/a13
Jan ’25US$40.41
US$43.62
+7.9%
21.8%US$69.00US$28.00n/a13
Dec ’24US$36.00
US$38.15
+6.0%
20.8%US$57.00US$25.00n/a13
Nov ’24US$31.16
US$37.46
+20.2%
20.9%US$57.00US$25.00n/a13
Oct ’24US$28.85
US$36.92
+28.0%
22.5%US$57.00US$25.00n/a12
Sep ’24US$32.96
US$35.54
+7.8%
22.6%US$57.00US$25.00n/a13
Aug ’24US$31.83
US$35.15
+10.4%
22.8%US$57.00US$25.00n/a13
Jul ’24US$31.34
US$34.46
+10.0%
23.9%US$57.00US$25.00n/a13
Jun ’24US$26.50
US$30.92
+16.7%
27.0%US$54.00US$24.00n/a12
May ’24US$26.24
US$30.92
+17.8%
27.0%US$54.00US$24.00n/a12
Apr ’24US$23.10
US$29.92
+29.5%
26.2%US$51.00US$22.00US$57.2812
Mar ’24US$23.58
US$29.25
+24.0%
27.4%US$51.00US$22.00US$48.9712
Feb ’24US$22.32
US$29.36
+31.6%
28.5%US$51.00US$22.00US$42.0611
Jan ’24US$19.31
US$30.27
+56.8%
27.4%US$51.00US$22.00US$40.4111
Dec ’23US$20.70
US$31.64
+52.8%
21.6%US$51.00US$26.00US$36.0011
Nov ’23US$23.00
US$31.64
+37.5%
21.6%US$51.00US$26.00US$31.1611
Oct ’23US$22.74
US$31.91
+40.3%
22.2%US$51.00US$26.00US$28.8511
Sep ’23US$23.29
US$29.58
+27.0%
25.6%US$51.00US$25.00US$32.9612
Aug ’23US$24.07
US$28.64
+19.0%
25.1%US$51.00US$25.00US$31.8311
Jul ’23US$22.10
US$29.75
+34.6%
22.9%US$51.00US$25.00US$31.3412
Jun ’23US$23.91
US$31.17
+30.3%
14.7%US$43.00US$25.00US$26.5012
May ’23US$23.76
US$31.42
+32.2%
14.3%US$43.00US$25.00US$26.2412
Apr ’23US$24.96
US$31.42
+25.9%
14.3%US$43.00US$25.00US$23.1012

Analyst Forecast: Target price is less than 20% higher than the current share price.


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