Cornerstone Building Brands
Market Cap
US$525.7m
Last Updated
2020/04/04 05:00 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.
Rewards
Risk Analysis
Snowflake Analysis
Fair value with moderate growth potential.
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
-20.1%
CNR
-6.1%
US Building
-2.0%
US Market
1 Year Return
-37.2%
CNR
-24.6%
US Building
-15.1%
US Market
Return vs Industry: CNR underperformed the US Building industry which returned -24.6% over the past year.
Return vs Market: CNR underperformed the US Market which returned -15.1% over the past year.
Shareholder returns
| CNR | Industry | Market | |
|---|---|---|---|
| 7 Day | -20.1% | -6.1% | -2.0% |
| 30 Day | -46.1% | -35.1% | -19.7% |
| 90 Day | -48.3% | -35.0% | -23.2% |
| 1 Year | -37.2%-37.2% | -23.4%-24.6% | -13.4%-15.1% |
| 3 Year | -74.9%-74.9% | -21.0%-24.6% | 10.9%3.7% |
| 5 Year | -75.0%-75.0% | -6.6%-18.6% | 28.4%14.4% |
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
The Executive VP & CFO of Cornerstone Building Brands, Inc. (NYSE:CNR), Jeffery Lee, Just Bought 45% More Shares4 weeks ago | Simply Wall St
Cornerstone Building Brands, Inc. Full-Year Results: Here's What Analysts Are Forecasting For Next Year1 month ago | Simply Wall St
Is Cornerstone Building Brands, Inc. (NYSE:CNR) Trading At A 40% Discount?Valuation
Is Cornerstone Building Brands undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CNR ($4.17) is trading below our estimate of fair value ($10.23)
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 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 (0.6x) compared to the US Building industry average (1.1x).
Next Steps
Future Growth
How is Cornerstone Building Brands forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
93.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CNR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: CNR is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CNR's is expected to become profitable in the next 3 years.
Revenue vs Market: CNR's revenue is expected to decline over the next 3 years (-0.08% per year).
High Growth Revenue: CNR's revenue is forecast to decline over the next 3 years (-0.08% 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?
-36.9%
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 -36.9% 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 (-15.9%).
Return on Equity
High ROE: CNR has a negative Return on Equity (-1.65%), 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 ($1.2B) exceed its short term liabilities ($648.5M).
Long Term Liabilities: CNR's short term assets ($1.2B) do not cover its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: CNR's debt to equity ratio (343.5%) is considered high.
Reducing Debt: CNR's debt to equity ratio has increased from 161.6% to 343.5% over the past 5 years.
Balance Sheet
Inventory Level: CNR has a high level of physical assets or inventory.
Debt Coverage by Assets: CNR's debt is not covered by short term assets (assets are 0.4x debt).
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: CNR has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: CNR has been profitable on average in the past, therefore cash runway is not a concern.
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 payouts.
High Dividend: Unable to evaluate CNR's dividend yield against the top 25% of dividend payers, as the company has not reported any 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?
1.4yrs
Average management tenure
CEO
Jim Metcalf (61yo)
1.42s
Tenure
US$5,628,524
Compensation
Mr. James Shane Metcalf, also known as Jim, serves as Chairman of the Board of Cornerstone Building Brands, Inc. (Formerly known as NCI Building Systems, Inc.) since January 1, 2018 and has been its Chief ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD5.63M) is above average for companies of similar size in the US market ($USD2.25M).
Compensation vs Earnings: Jim's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 1.42yrs | US$5.63m | 0.56% $2.9m | |
| General Counsel | 2.92yrs | US$1.23m | 0.10% $523.7k | |
| Executive VP & Chief Human Resources Officer | 5.58yrs | US$2.13m | 0.21% $1.1m | |
| President of Siding Business Unit - Residential | 1.42yrs | US$3.48m | 0.058% $304.3k | |
| President of U.S. Windows Business Unit - Residential | 1.42yrs | US$3.48m | 0.050% $262.7k | |
| Executive VP & CFO | 0.83yr | no data | 0.29% $1.5m | |
| Senior VP | 1.42yrs | no data | 0.047% $245.5k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Chief Marketing Officer | 1.42yrs | no data | no data | |
| President of Building Envelope Solutions | 3.58yrs | no data | no data |
1.4yrs
Average Tenure
52yo
Average Age
Experienced Management: CNR's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 1.42yrs | US$5.63m | 0.56% $2.9m | |
| Independent Director | 10.42yrs | US$81.77k | 0.030% $159.8k | |
| Independent Director | 17.08yrs | US$79.86k | 0.062% $324.4k | |
| Independent Director | 28.33yrs | US$81.77k | 0.10% $541.1k | |
| Independent Director | 10.5yrs | US$79.44k | no data | |
| Lead Director | 1.42yrs | US$10.83k | no data | |
| Independent Director | 10.42yrs | US$80.69k | 0.023% $123.1k | |
| Director | 10.42yrs | US$77.69k | no data | |
| Independent Director | 6.17yrs | US$81.61k | 0.22% $1.2m | |
| Independent Director | 1.42yrs | US$101.19k | no data |
10.4yrs
Average Tenure
60.5yo
Average Age
Experienced Board: CNR's board of directors are seasoned and experienced ( 10.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CNR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.5%.
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$525.725m
- Shares outstanding: 126.07m
- 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 construction markets in North America. The company operates through three segments: Commercial, Siding, and Windows. The Commercial segment manufactures and distributes various metal products for the nonresidential construction markets under various brand names through a network of plants and distribution centers. It also provides metal coil coating services for commercial and construction applications. The Siding segment offers vinyl siding and skirting products, steel siding products, vinyl and aluminum soffit products, aluminum trim coils, aluminum gutter coils, aluminum gutters, aluminum and steel roofing accessories, cellular PVC trims and moldings, J-channels, wide crown moldings, window and door trims, F-channels, H-molds, fascia, undersill trims, outside/inside corner posts, rain removal systems, and injection molded designer accents, such as shakes; shingles; scallops; shutters; vents and mounts; vinyl fence; vinyl railing; and stone veneer. The Windows segment provides vinyl, aluminum-clad vinyl, aluminum, wood, and clad-wood windows and patio doors; and steel, wood, and fiberglass entry doors. The company was formerly known as NCI Building Systems, Inc. and changed its name to Cornerstone Building Brands, Inc. in May 2019. Cornerstone Building Brands, Inc. was founded in 1984 and is headquartered in Cary, North Carolina.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/04 05:00 |
| End of Day Share Price | 2020/04/03 00:00 |
| Earnings | 2019/12/31 |
| 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.