GMS
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GMS Inc. distributes wallboards, suspended ceilings systems, and related construction products in the United States and Canada. The last earnings update was 16 days ago. More info.
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- GMS has significant price volatility in the past 3 months.
GMS Share Price and Events
7 Day Returns
1 Year Returns
GMS Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| GMS (GMS) | -4.9% | -23.8% | 7.2% | -49.6% | - | - |
| US Trade Distributors | -0.4% | -4.5% | 13% | -10.5% | 28% | 12.5% |
| US Market | 1.2% | 2.1% | 14.6% | 3% | 39% | 43.5% |
1 Year Return vs Industry and Market
- GMS underperformed the Trade Distributors industry which returned -10.5% over the past year.
- GMS underperformed the Market in United States of America which returned 3% over the past year.
Value
Is GMS undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
GMS
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for GMS.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 7 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 14.1% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Trade Distributors Unlevered Beta | Simply Wall St/ S&P Global | 0.93 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.927 (1 + (1- 21%) (193.58%)) |
1.901 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.9 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.901 * 5.96%) |
14.06% |
Discounted Cash Flow Calculation for NYSE:GMS using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for GMS is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 14.06%) |
|
|---|---|---|---|
| 2019 | 145.98 | Analyst x4 | 127.98 |
| 2020 | 170.86 | Analyst x5 | 131.33 |
| 2021 | 177.23 | Analyst x4 | 119.43 |
| 2022 | 177.00 | Analyst x1 | 104.57 |
| 2023 | 191.00 | Analyst x1 | 98.93 |
| 2024 | 197.06 | Est @ 3.17% | 89.49 |
| 2025 | 203.05 | Est @ 3.04% | 80.85 |
| 2026 | 209.04 | Est @ 2.95% | 72.97 |
| 2027 | 215.07 | Est @ 2.88% | 65.82 |
| 2028 | 221.17 | Est @ 2.84% | 59.34 |
| Present value of next 10 years cash flows | $950.72 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $221.17 × (1 + 2.73%) ÷ (14.06% – 2.73%) |
$2,005.17 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $2,005.17 ÷ (1 + 14.06%)10 |
$538.00 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $950.72 + $538.00 |
$1,488.72 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $1,488.72 / 40.57 |
$36.69 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $36.69 |
| Current discount | Discount to share price of
$15.71
= -1 x ($15.71 - $36.69) / $36.69 |
57.2% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- GMS's share price is below the future cash flow value, and at a moderate discount (> 20%).
- GMS's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for GMS's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
GMS's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-01-31) in USD | $1.18 |
| NYSE:GMS Share Price ** | NYSE (2019-03-20) in USD | $15.71 |
| United States of America Trade Distributors Industry PE Ratio | Median Figure of 43 Publicly-Listed Trade Distributors Companies | 13.69x |
| United States of America Market PE Ratio | Median Figure of 3,058 Publicly-Listed Companies | 17.69x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of GMS.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NYSE:GMS Share Price ÷ EPS (both in USD) = 15.71 ÷ 1.18 |
13.34x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- GMS is good value based on earnings compared to the US Trade Distributors industry average.
- GMS is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does
GMS's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 13.34x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts |
24.2%per year |
| United States of America Trade Distributors Industry PEG Ratio | Median Figure of 34 Publicly-Listed Trade Distributors Companies | 1.2x |
| United States of America Market PEG Ratio | Median Figure of 2,103 Publicly-Listed Companies | 1.48x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 13.34x ÷ 24.2% |
0.55x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- GMS is good value based on expected growth next year.
Price based on value of assets
What value do investors place on
GMS's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-01-31) in USD | $15.62 |
| NYSE:GMS Share Price * | NYSE (2019-03-20) in USD | $15.71 |
| United States of America Trade Distributors Industry PB Ratio | Median Figure of 54 Publicly-Listed Trade Distributors Companies | 1.52x |
| United States of America Market PB Ratio | Median Figure of 5,156 Publicly-Listed Companies | 1.89x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NYSE:GMS Share Price ÷ Book Value per Share (both in USD) = 15.71 ÷ 15.62 |
1.01x |
* Primary Listing of GMS.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- GMS is good value based on assets compared to the US Trade Distributors industry average.
Value checks
We assess GMS's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check) GMS has a total score of 6/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
How is GMS expected to perform in the next 1 to 3 years based on estimates from 7 analysts?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- GMS's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- GMS's earnings growth is expected to exceed the United States of America market average.
- GMS's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NYSE:GMS Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts | 24.2% |
| NYSE:GMS Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts | 3.5% |
| United States of America Trade Distributors Industry Earnings Growth Rate | Market Cap Weighted Average | 13.1% |
| United States of America Trade Distributors Industry Revenue Growth Rate | Market Cap Weighted Average | 6.2% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14.3% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 7 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-04-30 | 3,590 | 205 | 165 | 1 |
| 2022-04-30 | 3,446 | 191 | 138 | 1 |
| 2021-04-30 | 3,329 | 196 | 111 | 5 |
| 2020-04-30 | 3,261 | 190 | 104 | 7 |
| 2019-04-30 | 3,122 | 165 | 60 | 7 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-01-31 | 2,972 | 128 | 48 |
| 2018-10-31 | 2,833 | 102 | 62 |
| 2018-07-31 | 2,647 | 32 | 56 |
| 2018-04-30 | 2,511 | 89 | 63 |
| 2018-01-31 | 2,491 | 97 | 67 |
| 2017-10-31 | 2,468 | 98 | 56 |
| 2017-07-31 | 2,412 | 106 | 55 |
| 2017-04-30 | 2,319 | 67 | 49 |
| 2017-01-31 | 2,231 | 66 | 44 |
| 2016-10-31 | 2,089 | 51 | 33 |
| 2016-07-31 | 1,956 | 36 | 19 |
| 2016-04-30 | 1,858 | 48 | 13 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 7 Analyst Estimates (S&P Global) | See Below |
All data from GMS Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-04-30 | 3.64 | 3.64 | 3.64 | 1.00 |
| 2022-04-30 | 3.13 | 3.13 | 3.13 | 1.00 |
| 2021-04-30 | 2.59 | 2.93 | 2.22 | 3.00 |
| 2020-04-30 | 2.44 | 3.03 | 2.04 | 4.00 |
| 2019-04-30 | 1.66 | 2.39 | 1.39 | 4.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2019-01-31 | 1.18 |
| 2018-10-31 | 1.52 |
| 2018-07-31 | 1.37 |
| 2018-04-30 | 1.54 |
| 2018-01-31 | 1.64 |
| 2017-10-31 | 1.36 |
| 2017-07-31 | 1.34 |
| 2017-04-30 | 1.21 |
| 2017-01-31 | 1.14 |
| 2016-10-31 | 0.91 |
| 2016-07-31 | 0.55 |
| 2016-04-30 | 0.38 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess GMS's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
GMS has a total score of 3/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has GMS performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- GMS has delivered over 20% year on year earnings growth in the past 5 years.
- GMS's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- GMS's 1-year earnings growth is negative, it can't be compared to the US Trade Distributors industry average.
Earnings and Revenue History
All data from GMS Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-01-31 | 2,971.68 | 48.36 | 698.19 | |
| 2018-10-31 | 2,833.29 | 62.42 | 678.02 | |
| 2018-07-31 | 2,647.46 | 56.12 | 653.42 | |
| 2018-04-30 | 2,511.47 | 62.97 | 633.88 | |
| 2018-01-31 | 2,490.65 | 67.32 | 625.19 | |
| 2017-10-31 | 2,467.66 | 55.87 | 616.39 | |
| 2017-07-31 | 2,411.50 | 55.07 | 606.09 | |
| 2017-04-30 | 2,319.15 | 48.89 | 585.08 | |
| 2017-01-31 | 2,231.35 | 43.55 | 565.72 | |
| 2016-10-31 | 2,089.31 | 33.12 | 529.44 | |
| 2016-07-31 | 1,955.54 | 18.72 | 492.44 | |
| 2016-04-30 | 1,858.18 | 12.56 | 470.04 | |
| 2016-01-31 | 1,735.50 | 7.34 | 435.52 | |
| 2015-10-31 | 1,673.04 | -1.99 | 421.09 | |
| 2015-07-31 | 1,628.12 | -2.61 | 407.17 | |
| 2015-04-30 | 1,570.09 | -11.70 | 395.04 | |
| 2014-04-30 | 1,353.34 | -18.95 | 330.17 | |
| 2013-04-30 | 1,161.61 | -182.63 | 295.29 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- GMS has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- GMS used its assets less efficiently than the US Trade Distributors industry average last year based on Return on Assets.
- GMS has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess GMS's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
GMS has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is GMS's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up GMS's finances.
The net worth of a company is the difference between its assets and liabilities.
- GMS is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- GMS's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is not covered by short term assets, assets are 0.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from GMS Company Filings, last reported 1 month ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-01-31 | 633.76 | 1,233.85 | 74.35 |
| 2018-10-31 | 641.26 | 1,245.23 | 52.88 |
| 2018-07-31 | 619.28 | 1,303.64 | 36.87 |
| 2018-04-30 | 579.45 | 595.89 | 36.44 |
| 2018-01-31 | 568.29 | 597.48 | 28.94 |
| 2017-10-31 | 547.68 | 610.54 | 19.78 |
| 2017-07-31 | 530.53 | 602.86 | 19.74 |
| 2017-04-30 | 514.61 | 594.92 | 14.56 |
| 2017-01-31 | 499.28 | 612.28 | 10.60 |
| 2016-10-31 | 490.25 | 644.49 | 16.39 |
| 2016-07-31 | 472.57 | 546.73 | 9.83 |
| 2016-04-30 | 311.16 | 644.61 | 19.07 |
| 2016-01-31 | 298.91 | 626.28 | 7.38 |
| 2015-10-31 | 299.89 | 563.13 | 9.42 |
| 2015-07-31 | 290.76 | 582.77 | 13.17 |
| 2015-04-30 | 299.57 | 556.98 | 12.28 |
| 2014-04-30 | 299.43 | 538.79 | 32.66 |
| 2013-04-30 |
- GMS's level of debt (194.7%) compared to net worth is high (greater than 40%).
- Unable to establish if GMS's debt level has increased without past 5-year debt data.
- Debt is not well covered by operating cash flow (10.3%, less than 20% of total debt).
- Interest payments on debt are not well covered by earnings (EBIT is 2.5x annual interest expense, ideally 3x coverage).
Financial health checks
We assess GMS's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) GMS has a total score of 1/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is GMS's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
GMS
shares you are expected to receive
$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate GMS's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate GMS's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 7 Analyst Estimates (S&P Global) | See Below |
| United States of America Trade Distributors Industry Average Dividend Yield | Market Cap Weighted Average of 15 Stocks | 2.8% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2004 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-04-30 | ||
| 2022-04-30 | ||
| 2021-04-30 | ||
| 2020-04-30 | ||
| 2019-04-30 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as GMS has not reported any payouts.
- Unable to verify if GMS's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess GMS's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can GMS afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) GMS has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $1,201,526 |
| AGE | 64 |
| TENURE AS CEO | 3.8 years |
CEO Bio
Mr. G. Michael Callahan, also known as Mike, Jr., has been Chief Executive Officer and President at GMS, Inc. (alternate name Gypsum Management And Supply Inc) since May 1, 2015 and 2013 respectively. Mr. Callahan directs all corporate and administrative staff and coordinates acquisitions and expansions as well as all legal, banking, real estate and credit relationships. He joined at GMS, in 1993 and served as Vice President of Finance and Chief Financial Officer from 1993 to 2013. From 1974 to 1993, he served as a Senior Vice President and Group Manager at C&S National Bank and Nations Bank. He serves as Director at GMS, Inc. Mr. Callahan earned a B.A. in Economics from Georgia State University.
CEO Compensation
- G.'s compensation has been consistent with company performance over the past year.
- G.'s remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the GMS management team in years:
- The average tenure for the GMS management team is less than 2 years, this suggests a new team.
Management Team
G. Callahan
President
$1M
64
3.8 yrs
Richard Adams
Senior Vice President of Operations
$484K
58
2.3 yrs
Craig Apolinsky
VP, General Counsel & Corporate Secretary
$715K
51
3.7 yrs
Doug Goforth
Consultant
$527K
55
0.2 yrs
A. Ross
Interim Principal Financial Officer
51
0.2 yrs
Eric Sundby
Chief Information Officer & VP
1.9 yrs
Leslie Kratcoski
Vice President of Investor Relations
0.3 yrs
Michelle Leader
Marketing Director
G. Hendren
Vice President of Corporate Development / M&A
Khara Julien
Chief Human Resources Officer & VP of Human Resources
1.8 yrs
Board of Directors Tenure
Average tenure and age of the GMS board of directors in years:
- The tenure for the GMS board of directors is about average.
Board of Directors
Richard Mueller
Chairman
$610K
76
3.8 yrs
G. Callahan
President
$1M
64
Brian Hoesterey
J. Sharpe
Director
44
5.2 yrs
Peter Browning
Director
$186K
77
5.2 yrs
Jack Gavin
Lead Independent Director
$201K
62
J. Smith
Director
$194K
69
5.2 yrs
Tig Gilliam
Director
$164K
54
5.2 yrs
Ronald Ross
Director
$169K
65
5.2 yrs
Brian Hoesterey
Director
50
5.2 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 17. Dec 18 | Buy | John Gavin | Individual | 14. Dec 18 | 14. Dec 18 | 6,160 | $16.21 | $99,863 | ||
| 17. Dec 18 | Buy | Ronald Ross | Individual | 13. Dec 18 | 14. Dec 18 | 100,000 | $16.02 | $1,565,520 | ||
| 13. Dec 18 | Buy | Ronald Ross | Individual | 11. Dec 18 | 12. Dec 18 | 100,000 | $15.78 | $1,562,610 | ||
| 13. Dec 18 | Buy | J. Smith | Individual | 11. Dec 18 | 11. Dec 18 | 6,000 | $15.92 | $95,514 | ||
| 10. Sep 18 | Buy | John Gavin | Individual | 10. Sep 18 | 10. Sep 18 | 4,150 | $24.13 | $100,143 | ||
| 05. Sep 18 | Buy | Richard Adams | Individual | 05. Sep 18 | 05. Sep 18 | 3,000 | $24.14 | $72,428 | ||
| 05. Sep 18 | Buy | A. Ross | Individual | 04. Sep 18 | 04. Sep 18 | 2,061 | $24.26 | $50,006 | ||
| 10. Jul 18 | Buy | Craig Apolinsky | Individual | 06. Jul 18 | 06. Jul 18 | 1,000 | $26.32 | $26,320 | ||
| 10. Jul 18 | Buy | Richard Adams | Individual | 06. Jul 18 | 06. Jul 18 | 2,000 | $26.44 | $52,887 | ||
| 05. Jul 18 | Buy | J. Smith | Individual | 02. Jul 18 | 02. Jul 18 | 2,000 | $26.66 | $53,310 | ||
Management checks
We assess GMS's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) GMS has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Does GMS Inc.'s (NYSE:GMS) P/E Ratio Signal A Buying Opportunity?
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). … We'll look at GMS Inc.'s (NYSE:GMS) P/E ratio and reflect on what it tells us about the company's share price. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleWill GMS Inc.'s (NYSE:GMS) Earnings Grow Over The Next Year?
Want to participate in a short research study? … Help shape the future of investing tools and you could win a $250 gift card! … the consensus outlook from analysts appear fairly confident,
Simply Wall St - – Full articleWhat Does GMS Inc.’s (NYSE:GMS) 7.8% ROCE Say About The Business?
Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.
Simply Wall St - – Full articleWho Has Been Buying GMS Inc. (NYSE:GMS) Shares?
That means that an insider was happy to buy shares at around the current price. … In any event it's generally a positive if insiders are buying shares at around the current price. … In the last twelve months there was more buying than selling by GMS insiders
Simply Wall St - – Full articleShould GMS Inc (NYSE:GMS) Focus On Improving This Fundamental Metric?
This article is for those who would like to learn about Return On Equity (ROE). … One way to conceptualize this, is that for each $1 of shareholders' equity it has, the company made $0.091 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleDoes GMS Inc's (NYSE:GMS) P/E Ratio Signal A Buying Opportunity?
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … To keep it practical, we'll show how GMS Inc's (NYSE:GMS) P/E ratio could help you assess the value on offer. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleInvestors Are Undervaluing GMS Inc (NYSE:GMS) By 39.23%
by estimating the company's future cash flows and discounting them to their present value. … Discounted Cash Flows (DCF). … If you want to learn more about discounted cash flow, the basis for my calcs can be read in detail in the Simply Wall St analysis model
Simply Wall St - – Full articleGMS Inc (NYSE:GMS): Time For A Financial Health Check
Investors are always looking for growth in small-cap stocks like GMS Inc (NYSE:GMS), with a market cap of US$1.09b. … However, an important fact which most ignore is: how financially healthy is the business? … I believe these basic checks tell most of the story you need to know.
Simply Wall St - – Full articleShould You Worry About GMS Inc's (NYSE:GMS) CEO Pay?
Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. … Incentives can be in the form of compensation, which should always be structured in a way that promotes value-creation to shareholders. … CEOs leading companies of similar size and profitability
Simply Wall St - – Full articleWho Are The Major Shareholders Of GMS Inc (NYSE:GMS)?
In this article, I will take a quick look at GMS Inc’s (NYSE:GMS) recent ownership structure – an unconventional investing subject, but an important one. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment. … Therefore, it is beneficial for us to examine GMS's ownership structure in more detail.
Simply Wall St - – Full articleCompany Info
Description
GMS Inc. distributes wallboards, suspended ceilings systems, and related construction products in the United States and Canada. The company offers wallboard products; and ceilings products, including suspended mineral fibers, soft fibers, and metal ceiling systems primarily used in offices, hotels, hospitals, retail facilities, schools, and various other commercial and institutional buildings. It also provides steel framing products, such as steel tracks, studs, and various other steel products used to frame the interior walls of a commercial or institutional building; and insulation, ready-mix joint compound, and various other interior construction products, as well as ancillary products comprising tools and safety products. In addition, the company distributes drywall, lumber, commercial, and residential building materials. As of April 30, 2018, it operated 214 branches across 42 states and the District of Columbia. The company also operates a network of approximately 240 distribution centers. The company was formerly known as GYP Holdings I Corp. and changed its name to GMS Inc. in July 2015. GMS Inc. was founded in 1971 and is headquartered in Tucker, Georgia.
Details
| Name: | GMS Inc. |
| GMS | |
| Exchange: | NYSE |
| Founded: | 1971 |
| $637,385,632 | |
| 40,571,969 | |
| Website: | http://www.gms.com |
| Address: |
GMS Inc. 100 Crescent Centre Parkway, Suite 800, Tucker, Georgia, 30084, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NYSE | GMS | Common Stock | New York Stock Exchange | US | USD | 26. May 2016 | |
| DB | CLG | Common Stock | Deutsche Boerse AG | DE | EUR | 26. May 2016 |
Number of employees
Current staff
Industry
| Trading Companies and Distributors | |
| Capital Goods |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/21 00:56 |
| End of day share price update: | 2019/03/20 00:00 |
| Last estimates confirmation: | 2019/03/11 |
| Last earnings filing: | 2019/03/05 |
| Last earnings reported: | 2019/01/31 |
| Last annual earnings reported: | 2018/04/30 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
