Cornerstone Building Brands
Market Cap
US$967.0m
Last Updated
2020/10/31 00:10 UTC
Data Sources
Company Financials +
Executive Summary
Cornerstone Building Brands, Inc., together with its subsidiaries, designs, engineers, manufactures, and markets external building products for the commercial, residential, and repair and remodel construction markets in North America. More Details
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Fair value with mediocre balance sheet.
Similar Companies
Share Price & News
How has Cornerstone Building Brands's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CNR's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-14.4%
CNR
-4.4%
US Building
-5.3%
US Market
1 Year Return
14.6%
CNR
5.4%
US Building
10.4%
US Market
Return vs Industry: CNR exceeded the US Building industry which returned 6.4% over the past year.
Return vs Market: CNR exceeded the US Market which returned 12% over the past year.
Shareholder returns
| CNR | Industry | Market | |
|---|---|---|---|
| 7 Day | -14.4% | -4.4% | -5.3% |
| 30 Day | -4.2% | 0.4% | -2.1% |
| 90 Day | 35.3% | 8.0% | 1.7% |
| 1 Year | 14.6%14.6% | 12.3%5.4% | 12.9%10.4% |
| 3 Year | -51.5%-51.5% | 32.0%21.1% | 34.3%25.4% |
| 5 Year | -33.5%-33.5% | 75.7%50.1% | 73.7%54.3% |
Price Volatility Vs. Market
How volatile is Cornerstone Building Brands's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Have Insiders Been Buying Cornerstone Building Brands, Inc. (NYSE:CNR) Shares?1 month ago | Simply Wall St
Is Cornerstone Building Brands, Inc. (NYSE:CNR) Trading At A 30% Discount?2 months ago | Simply Wall St
These 4 Measures Indicate That Cornerstone Building Brands (NYSE:CNR) Is Using Debt ExtensivelyValuation
Is Cornerstone Building Brands undervalued compared to its fair value and its price relative to the market?
30.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CNR ($7.67) is trading below our estimate of fair value ($11.09)
Significantly Below Fair Value: CNR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CNR is unprofitable, so we can't compare its PE Ratio to the US Building industry average.
PE vs Market: CNR is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CNR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CNR is good value based on its PB Ratio (2.5x) compared to the US Building industry average (2.6x).
Next Steps
Future Growth
How is Cornerstone Building Brands forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
126.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CNR is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: CNR is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: CNR is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: CNR's revenue (0.9% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: CNR's revenue (0.9% 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 CNR's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Cornerstone Building Brands performed over the past 5 years?
-74.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CNR is currently unprofitable.
Growing Profit Margin: CNR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CNR is unprofitable, and losses have increased over the past 5 years at a rate of 74.3% per year.
Accelerating Growth: Unable to compare CNR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CNR is unprofitable, making it difficult to compare its past year earnings growth to the Building industry (-5.8%).
Return on Equity
High ROE: CNR has a negative Return on Equity (-129.05%), as it is currently unprofitable.
Next Steps
Financial Health
How is Cornerstone Building Brands's financial position?
Financial Position Analysis
Short Term Liabilities: CNR's short term assets ($1.5B) exceed its short term liabilities ($593.5M).
Long Term Liabilities: CNR's short term assets ($1.5B) do not cover its long term liabilities ($4.4B).
Debt to Equity History and Analysis
Debt Level: CNR's debt to equity ratio (975.4%) is considered high.
Reducing Debt: CNR's debt to equity ratio has increased from 184.3% to 975.4% over the past 5 years.
Balance Sheet
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 CNR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CNR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 19.5% per year.
Next Steps
Dividend
What is Cornerstone Building Brands's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CNR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CNR'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 CNR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CNR'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 CNR'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?
1.8yrs
Average management tenure
CEO
Jim Metcalf (62 yo)
1.83yrs
Tenure
US$1,967,104
Compensation
Mr. James Shane Metcalf, also known as Jim, serves as Chairman of the Board of Cornerstone Building Brands, Inc. (Formerly known as NCI Building Systems, Inc.) since January 1, 2018 and has been its Chief ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD1.97M) is below average for companies of similar size in the US market ($USD2.96M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 1.83yrs | US$1.97m | 0.64% $ 6.2m | |
| Executive VP | 1.25yrs | US$4.96m | 0.13% $ 1.3m | |
| Executive VP & Chief Human Resources Officer | 6yrs | US$1.43m | 0.036% $ 344.2k | |
| President of Siding Business Unit - Residential | 1.83yrs | US$780.26k | 0.018% $ 177.7k | |
| Executive Vice President of Operations | no data | no data | 0.099% $ 957.4k | |
| Vice President of Finance & Investor Relations | no data | no data | no data | |
| General Counsel | 17.58yrs | US$1.23m | 0.10% $ 970.8k | |
| Chief Marketing Officer | 1.83yrs | no data | no data | |
| Senior Vice President of Supply Chain | 1.83yrs | no data | no data | |
| President of Building Envelope Solutions | 4yrs | no data | no data | |
| President of U.S. Windows Business Unit - Residential | 1.83yrs | US$3.48m | 0.050% $ 487.0k | |
| Senior Vice President of Strategy & Business Development | 1.83yrs | no data | no data |
1.8yrs
Average Tenure
51yo
Average Age
Experienced Management: CNR's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 1.83yrs | US$1.97m | 0.64% $ 6.2m | |
| Independent Director | 10.83yrs | US$103.00k | 0.065% $ 630.1k | |
| Independent Director | 28.83yrs | US$103.50k | 0.12% $ 1.2m | |
| Independent Director | 11yrs | US$85.50k | no data | |
| Independent Lead Director | 1.83yrs | US$99.00k | no data | |
| Independent Director | 10.83yrs | US$94.50k | 0.048% $ 462.1k | |
| Director | 10.83yrs | US$81.75k | no data | |
| Independent Director | 1.42yrs | US$58.67k | 0.18% $ 1.7m | |
| Independent Director | 1.42yrs | US$57.00k | 0.029% $ 278.8k | |
| Independent Director | 6.58yrs | US$101.50k | 0.29% $ 2.8m | |
| Independent Director | 0.42yr | no data | 0.015% $ 147.5k | |
| Independent Director | 1.83yrs | US$81.50k | 0.025% $ 237.3k |
4.7yrs
Average Tenure
59.5yo
Average Age
Experienced Board: CNR'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
Cornerstone Building Brands, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Cornerstone Building Brands, Inc.
- Ticker: CNR
- Exchange: NYSE
- Founded: 1984
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: US$967.002m
- Shares outstanding: 125.10m
- Website: https://www.cornerstonebuildingbrands.com
Number of Employees
Location
- Cornerstone Building Brands, Inc.
- 5020 Weston Parkway
- Suite 400
- Cary
- North Carolina
- 27513
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CNR | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Apr 1992 |
| NCUN | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Apr 1992 |
Biography
Cornerstone Building Brands, Inc., together with its subsidiaries, designs, engineers, manufactures, and markets external building products for the commercial, residential, and repair and remodel construct ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/31 00:10 |
| End of Day Share Price | 2020/10/30 00:00 |
| Earnings | 2020/07/04 |
| Annual Earnings | 2019/12/31 |
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.