DOOR

Masonite InternationalNYSE:DOOR Stock Report

Market Cap

US$2.6b

7D

-3.2%

1Y

20.0%

Updated

22 Sep, 2021

Data

Company Financials +
DOOR fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance1/6
Financial Health3/6
Dividends0/6

DOOR Overview

Masonite International Corporation designs, manufactures, markets, and distributes interior and exterior doors for the new construction and repair, renovation, and remodeling sectors of the residential and non-residential building construction markets worldwide.

Masonite International Competitors

Masco

NYSE:MAS

US$14.0b

Fortune Brands Home & Security

NYSE:FBHS

US$12.9b

Trex Company

NYSE:TREX

US$12.4b

Builders FirstSource

NYSE:BLDR

US$11.2b

Price History & Performance

Summary of all time highs, changes and price drops for Masonite International
Historical stock prices
Current Share PriceUS$107.63
52 Week HighUS$78.00
52 Week LowUS$132.22
Beta1.74
1 Month Change-7.76%
3 Month Change-3.65%
1 Year Change20.00%
3 Year Change69.50%
5 Year Change70.14%
Change since IPO438.15%

Recent News & Updates

Shareholder Returns

DOORUS BuildingUS Market
7D-3.2%-3.1%-1.7%
1Y20.0%55.6%36.2%

Return vs Industry: DOOR underperformed the US Building industry which returned 50% over the past year.

Return vs Market: DOOR underperformed the US Market which returned 31.5% over the past year.

Price Volatility

Is DOOR's price volatile compared to industry and market?
DOOR volatility
DOOR Beta1.74
Industry Beta1.35
Market Beta1

Stable Share Price: DOOR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: DOOR's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
192510,500Howard Heckeshttps://www.masonite.com

Masonite International Corporation designs, manufactures, markets, and distributes interior and exterior doors for the new construction and repair, renovation, and remodeling sectors of the residential and non-residential building construction markets worldwide. It offers molded panel, flush, stile and rail, routed medium-density fiberboard (MDF), steel, and fiberglass residential doors, as well as architectural interior doors. The company also provides various door components, including interior door facings, agri-fiber and particleboard door cores, MDF and wood cut-stock components, critical door components, wood veneer door skins, and mineral and particleboard door cores.

Masonite International Fundamentals Summary

How do Masonite International's earnings and revenue compare to its market cap?
DOOR fundamental statistics
Market CapUS$2.59b
Earnings (TTM)US$87.18m
Revenue (TTM)US$2.51b

29.7x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DOOR income statement (TTM)
RevenueUS$2.51b
Cost of RevenueUS$1.89b
Gross ProfitUS$624.85m
ExpensesUS$537.67m
EarningsUS$87.18m

Last Reported Earnings

Jul 04, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.56
Gross Margin24.85%
Net Profit Margin3.47%
Debt/Equity Ratio105.6%

How did DOOR perform over the long term?

See historical performance and comparison

Valuation

Is Masonite International undervalued compared to its fair value and its price relative to the market?

47.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DOOR ($107.63) is trading below our estimate of fair value ($205.1)

Significantly Below Fair Value: DOOR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: DOOR is poor value based on its PE Ratio (29.7x) compared to the US Building industry average (19.4x).

PE vs Market: DOOR is poor value based on its PE Ratio (29.7x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

PEG Ratio: DOOR is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: DOOR is overvalued based on its PB Ratio (3.5x) compared to the US Building industry average (2.7x).


Future Growth

How is Masonite International forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

44.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DOOR's forecast earnings growth (44.6% per year) is above the savings rate (2%).

Earnings vs Market: DOOR's earnings (44.6% per year) are forecast to grow faster than the US market (14.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: DOOR's revenue (7% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: DOOR's revenue (7% 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 DOOR's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Masonite International performed over the past 5 years?

-6.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DOOR has a large one-off loss of $120.0M impacting its July 4 2021 financial results.

Growing Profit Margin: DOOR's current net profit margins (3.5%) are lower than last year (3.7%).


Past Earnings Growth Analysis

Earnings Trend: DOOR's earnings have declined by 6.3% per year over the past 5 years.

Accelerating Growth: DOOR's earnings growth over the past year (11.7%) exceeds its 5-year average (-6.3% per year).

Earnings vs Industry: DOOR earnings growth over the past year (11.7%) underperformed the Building industry 66.4%.


Return on Equity

High ROE: DOOR's Return on Equity (12.3%) is considered low.


Financial Health

How is Masonite International's financial position?


Financial Position Analysis

Short Term Liabilities: DOOR's short term assets ($1.0B) exceed its short term liabilities ($344.0M).

Long Term Liabilities: DOOR's short term assets ($1.0B) do not cover its long term liabilities ($1.1B).


Debt to Equity History and Analysis

Debt Level: DOOR's debt to equity ratio (105.6%) is considered high.

Reducing Debt: DOOR's debt to equity ratio has increased from 66.9% to 105.6% over the past 5 years.

Debt Coverage: DOOR's debt is well covered by operating cash flow (31.7%).

Interest Coverage: DOOR's interest payments on its debt are well covered by EBIT (6.1x coverage).


Balance Sheet


Dividend

What is Masonite International current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate DOOR'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 DOOR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DOOR'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 DOOR'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?

3.6yrs

Average management tenure


CEO

Howard Heckes (56 yo)

2.25yrs

Tenure

US$5,958,543

Compensation

Mr. Howard Carl Heckes serves as Independent Director at The AZEK Company Inc. since November 18, 2020. Mr. Heckes has been President and Chief Executive Officer of Masonite International Corporation since...


CEO Compensation Analysis

Compensation vs Market: Howard's total compensation ($USD5.96M) is about average for companies of similar size in the US market ($USD5.34M).

Compensation vs Earnings: Howard's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: DOOR's management team is considered experienced (3.6 years average tenure).


Board Members

Experienced Board: DOOR's board of directors are considered experienced (3.6 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: DOOR insiders have sold more shares than they have bought 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

Masonite International Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Masonite International Corporation
  • Ticker: DOOR
  • Exchange: NYSE
  • Founded: 1925
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: US$2.593b
  • Shares outstanding: 24.09m
  • Website: https://www.masonite.com

Number of Employees


Location

  • Masonite International Corporation
  • 1242 East 5th Avenue
  • Tampa
  • Florida
  • 33605
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/22 22:34
End of Day Share Price2021/09/22 00:00
Earnings2021/07/04
Annual Earnings2021/01/03


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.