NYSE:DOOR

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Executive Summary

Masonite International Corporation designs, manufactures, 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. More Details


Snowflake Analysis

Moderate growth potential with acceptable track record.


Similar Companies

Share Price & News

How has Masonite International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DOOR has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-6.4%

DOOR

-3.5%

US Building

-1.1%

US Market


1 Year Return

53.4%

DOOR

6.0%

US Building

15.0%

US Market

Return vs Industry: DOOR exceeded the US Building industry which returned 7.6% over the past year.

Return vs Market: DOOR exceeded the US Market which returned 15.6% over the past year.


Shareholder returns

DOORIndustryMarket
7 Day-6.4%-3.5%-1.1%
30 Day-3.4%3.0%2.9%
90 Day5.8%10.0%5.7%
1 Year53.4%53.4%13.6%6.0%17.6%15.0%
3 Year38.6%38.6%29.5%18.2%38.9%29.7%
5 Year53.7%53.7%75.5%48.6%78.4%58.4%

Price Volatility Vs. Market

How volatile is Masonite International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

28.58x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: DOOR ($92.76) is trading above our estimate of fair value ($91.5)

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


Price To Earnings Ratio

PE vs Industry: DOOR is poor value based on its PE Ratio (28.6x) compared to the US Building industry average (25.7x).

PE vs Market: DOOR is poor value based on its PE Ratio (28.6x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: DOOR is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: DOOR is overvalued based on its PB Ratio (3.6x) compared to the US Building industry average (2.7x).


Next Steps

Future Growth

How is Masonite International forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

23.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DOOR's forecast earnings growth (23.3% per year) is above the savings rate (2.2%).

Earnings vs Market: DOOR's earnings (23.3% per year) are forecast to grow faster than the US market (22.2% per year).

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

Revenue vs Market: DOOR's revenue (5.7% per year) is forecast to grow slower than the US market (10% per year).

High Growth Revenue: DOOR's revenue (5.7% 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


Next Steps

Past Performance

How has Masonite International performed over the past 5 years?

25.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DOOR has a large one-off loss of $34.0M impacting its June 28 2020 financial results.

Growing Profit Margin: DOOR's current net profit margins (3.8%) are higher than last year (3%).


Past Earnings Growth Analysis

Earnings Trend: DOOR has become profitable over the past 5 years, growing earnings by 25.2% per year.

Accelerating Growth: DOOR's earnings growth over the past year (23.2%) is below its 5-year average (25.2% per year).

Earnings vs Industry: DOOR earnings growth over the past year (23.2%) exceeded the Building industry -10.8%.


Return on Equity

High ROE: DOOR's Return on Equity (13.1%) is considered low.


Next Steps

Financial Health

How is Masonite International's financial position?


Financial Position Analysis

Short Term Liabilities: DOOR's short term assets ($785.8M) exceed its short term liabilities ($266.2M).

Long Term Liabilities: DOOR's short term assets ($785.8M) do not cover its long term liabilities ($1.0B).


Debt to Equity History and Analysis

Debt Level: DOOR's debt to equity ratio (122.5%) is considered high.

Reducing Debt: DOOR's debt to equity ratio has increased from 67.2% to 122.5% over the past 5 years.

Debt Coverage: DOOR's debt is well covered by operating cash flow (29.9%).

Interest Coverage: DOOR's interest payments on its debt are well covered by EBIT (4.1x coverage).


Balance Sheet


Next Steps

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?

2.7yrs

Average management tenure


CEO

Howard Heckes (55 yo)

1.33yrs

Tenure

US$2,706,067

Compensation

Mr. Howard Carl Heckes has been President and Chief Executive Officer of Masonite International Corporation since June 3, 2019. Mr. Heckes serves as Chief Executive Officer of Energy Management Collaborati ...


CEO Compensation Analysis

Compensation vs Market: Howard's total compensation ($USD2.71M) is below average for companies of similar size in the US market ($USD4.48M).

Compensation vs Earnings: Insufficient data to compare Howard's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Howard Heckes
President1.33yrsUS$2.71m0.0052%
$ 118.3k
Russell Tiejema
Executive VP & CFO4.92yrsUS$1.94m0.072%
$ 1.7m
Randal White
Senior Vice President of Global Operations & Supply Chain3.08yrsUS$2.03m0.021%
$ 475.1k
Robert Paxton
Senior Vice President of Human Resources2.67yrsUS$1.69m0.055%
$ 1.3m
James Hair
President of Global Residential Business4.83yrsUS$2.61m0.037%
$ 850.6k
Daniel Shirk
Senior VP & Chief Information Officer1.75yrsno datano data
Farand Pawlak
Director of Investor Relations2.75yrsno datano data
Robert Lewis
Senior VP8.5yrsUS$928.30k0.090%
$ 2.1m
Jennifer Renaud
Senior VP & Chief Marketing Officer0.17yrno datano data
Clare Doyle
Senior VP & GM of UK Business4.08yrsno datano data
Cory Sorice
Senior VP & Chief Innovation Officer1.17yrsno datano data
Alex Legall
Senior VP & Business Leader of Architectural0.083yrno datano data

2.7yrs

Average Tenure

52yo

Average Age

Experienced Management: DOOR's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Howard Heckes
President1.33yrsUS$2.71m0.0052%
$ 118.3k
Francis Scricco
Independent Director11.33yrsUS$207.50k0.063%
$ 1.4m
Peter Dachowski
Independent Director7.25yrsUS$190.00k0.044%
$ 1.0m
Jonathan Foster
Independent Director11.33yrsUS$210.00k0.050%
$ 1.1m
Jody Bilney
Independent Director6.75yrsUS$190.00k0.035%
$ 803.8k
Robert Byrne
Independent Chairman of the Board10.25yrsUS$320.00k0.14%
$ 3.2m
William Oesterle
Independent Director2.67yrsUS$190.00k0.013%
$ 291.8k
Thomas Greene
Independent Director2.67yrsUS$190.00k0.013%
$ 291.8k
Daphne Jones
Independent Director2.67yrsUS$190.00k0.013%
$ 291.8k

6.8yrs

Average Tenure

59yo

Average Age

Experienced Board: DOOR's board of directors are considered experienced (6.8 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

Masonite International Corporation's company bio, 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$2.292b
  • Shares outstanding: 24.49m
  • Website: https://www.masonite.com

Number of Employees


Location

  • Masonite International Corporation
  • One Tampa City Center
  • Suite 300
  • Tampa
  • Florida
  • 33602
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DOORNYSE (New York Stock Exchange)YesCommon SharesUSUSDJun 2009
MIIDB (Deutsche Boerse AG)YesCommon SharesDEEURJun 2009

Biography

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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/28 00:07
End of Day Share Price2020/10/27 00:00
Earnings2020/06/28
Annual Earnings2019/12/29


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.