Foundation Building Materials
Market Cap
US$830.9m
Last Updated
2021/01/19 23:37 UTC
Data Sources
Company Financials +
Executive Summary
Foundation Building Materials, Inc. distributes building products in the United States and Canada. More Details
Rewards
Risk Analysis
Snowflake Analysis
Proven track record and fair value.
Similar Companies
Share Price & News
How has Foundation Building Materials's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FBM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: FBM's weekly volatility (9%) has been stable over the past year.
Market Performance
7 Day Return
-0.1%
FBM
-1.2%
US Trade Distributors
0.3%
US Market
1 Year Return
-0.9%
FBM
28.6%
US Trade Distributors
21.1%
US Market
Return vs Industry: FBM underperformed the US Trade Distributors industry which returned 24.8% over the past year.
Return vs Market: FBM underperformed the US Market which returned 19.5% over the past year.
Shareholder returns
| FBM | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.1% | -1.2% | 0.3% |
| 30 Day | 0.2% | 5.8% | 3.3% |
| 90 Day | 16.3% | 26.1% | 14.2% |
| 1 Year | -0.9%-0.9% | 31.2%28.6% | 23.8%21.1% |
| 3 Year | 25.1%25.1% | 29.4%23.3% | 45.0%35.4% |
| 5 Year | n/a | 140.4%121.2% | 127.7%102.3% |
Long-Term Price Volatility Vs. Market
How volatile is Foundation Building Materials's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
A Look At The Intrinsic Value Of Foundation Building Materials, Inc. (NYSE:FBM)3 weeks ago | Simply Wall St
Is It Too Late To Consider Buying Foundation Building Materials, Inc. (NYSE:FBM)?1 month ago | Simply Wall St
Should You Be Impressed By Foundation Building Materials' (NYSE:FBM) Returns on Capital?Valuation
Is Foundation Building Materials undervalued compared to its fair value and its price relative to the market?
7.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FBM ($19.23) is trading below our estimate of fair value ($20.67)
Significantly Below Fair Value: FBM is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: FBM is good value based on its PE Ratio (18.2x) compared to the US Trade Distributors industry average (25.3x).
PE vs Market: FBM is good value based on its PE Ratio (18.2x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: FBM is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: FBM's PB Ratio (1.9x) is in line with the US Trade Distributors industry average.
Next Steps
Future Growth
How is Foundation Building Materials forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
14.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FBM's forecast earnings growth (14.7% per year) is above the savings rate (2%).
Earnings vs Market: FBM's earnings (14.7% per year) are forecast to grow slower than the US market (21.6% per year).
High Growth Earnings: FBM's earnings are forecast to grow, but not significantly.
Revenue vs Market: FBM's revenue (3.1% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: FBM's revenue (3.1% 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 FBM's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Foundation Building Materials performed over the past 5 years?
36.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FBM has high quality earnings.
Growing Profit Margin: FBM's current net profit margins (2.2%) are higher than last year (1.6%).
Past Earnings Growth Analysis
Earnings Trend: FBM has become profitable over the past 5 years, growing earnings by 36.1% per year.
Accelerating Growth: FBM's earnings growth over the past year (33.1%) is below its 5-year average (36.1% per year).
Earnings vs Industry: FBM earnings growth over the past year (33.1%) exceeded the Trade Distributors industry -12.6%.
Return on Equity
High ROE: FBM's Return on Equity (10.3%) is considered low.
Next Steps
Financial Health
How is Foundation Building Materials's financial position?
Financial Position Analysis
Short Term Liabilities: FBM's short term assets ($487.9M) exceed its short term liabilities ($240.2M).
Long Term Liabilities: FBM's short term assets ($487.9M) do not cover its long term liabilities ($657.5M).
Debt to Equity History and Analysis
Debt Level: FBM's debt to equity ratio (102.6%) is considered high.
Reducing Debt: FBM's debt to equity ratio has reduced from 140.7% to 102.6% over the past 5 years.
Debt Coverage: FBM's debt is well covered by operating cash flow (45.1%).
Interest Coverage: FBM's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
Next Steps
Dividend
What is Foundation Building Materials's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FBM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FBM'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 FBM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FBM'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 FBM'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?
5.5yrs
Average management tenure
CEO
Ruben Mendoza (56 yo)
no data
Tenure
US$3,969,427
Compensation
Mr. Ruben D. Mendoza serves as the Chief Executive Officer and President of FBM Intermediate Holdings LLC. Mr. Mendoza founded Foundation Building Materials, Inc. in 2011 and serves as its Chief Executive ...
CEO Compensation Analysis
Compensation vs Market: Ruben's total compensation ($USD3.97M) is above average for companies of similar size in the US market ($USD2.40M).
Compensation vs Earnings: Ruben's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | no data | US$3.97m | 0.52% $ 4.3m | |
| Chief Financial Officer | no data | US$1.47m | 0.097% $ 803.9k | |
| Chief Operating Officer | 8yrs | US$1.68m | 0.069% $ 574.2k | |
| Chief Accounting Officer & Senior Controller | 0.67yr | no data | 0.011% $ 87.7k | |
| Vice President of Investor Relations | 3.33yrs | no data | no data | |
| VP, General Counsel & Secretary | 5yrs | US$647.53k | 0.035% $ 289.7k | |
| Senior Vice President of Sales & Marketing | 8yrs | US$649.91k | 0.054% $ 445.4k | |
| Vice President of Business Development | 6yrs | US$408.16k | 0.054% $ 448.6k |
5.5yrs
Average Tenure
60yo
Average Age
Experienced Management: FBM's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | no data | US$3.97m | 0.52% $ 4.3m | |
| Independent Director | 2.92yrs | US$188.29k | 0.040% $ 331.2k | |
| Independent Director | 3.92yrs | US$178.29k | 0.032% $ 264.3k | |
| Non-Independent Director | 2.92yrs | no data | no data | |
| Independent Director | 3.92yrs | US$196.29k | 0.032% $ 264.3k | |
| Non-Independent Director | 2.75yrs | no data | no data | |
| Chairman | 3.5yrs | no data | no data | |
| Director | 0.92yr | no data | no data | |
| Non-Independent Director | 2.75yrs | no data | no data |
2.9yrs
Average Tenure
49yo
Average Age
Experienced Board: FBM's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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
Foundation Building Materials, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Foundation Building Materials, Inc.
- Ticker: FBM
- Exchange: NYSE
- Founded: 2011
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: US$830.905m
- Shares outstanding: 43.21m
- Website: https://www.fbmsales.com
Number of Employees
Location
- Foundation Building Materials, Inc.
- 2520 Red Hill Avenue
- Santa Ana
- California
- 92705
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FBM | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Feb 2017 |
| 26F | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Feb 2017 |
Biography
Foundation Building Materials, Inc. distributes building products in the United States and Canada. It offers wallboard, suspended ceiling system, and metal framing products. The company also provides compl...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/19 23:37 |
| End of Day Share Price | 2021/01/19 00:00 |
| Earnings | 2020/09/30 |
| 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.