SiteOne Landscape Supply (SITE): Assessing Valuation After Latest Acquisition Expands Western Michigan Footprint

SiteOne Landscape Supply, Inc. (SITE) just announced its acquisition of Autumn Ridge Stone & Landscape Supply, making this the company’s fifth acquisition in 2025 alone. By extending their reach into Western Michigan, SiteOne continues to push deeper into new markets with a broader catalog of landscape supplies and services. This streak of deal-making has not gone unnoticed, and the company’s inclusion on the Zacks Rank #1 (Strong Buy) List suggests that investors are paying close attention to how these moves could shape future earnings. Take a step back, and it is clear the landscape for SiteOne is shifting. The stock’s inclusion in a high-profile “strong buy” ranking comes shortly after a year where its share price slipped around 15%, despite recovering somewhat with a 7% gain over the past 3 months. Earlier this month, the company was also in the spotlight at Fal.Con 2025, reflecting growing visibility. Momentum appears mixed, as recent deals and earnings projections look promising, but the past year’s performance has been tough to ignore. So after this latest acquisition push and the swing in investor sentiment, is SiteOne Landscape Supply now trading at a discount worth investigating, or are all these growth plans already reflected in the share price?

Most Popular Narrative: 16.1% Undervalued

Based on the most widely followed narrative, SiteOne Landscape Supply is currently trading at a notable discount to its estimated fair value. This suggests upside potential if projections are met.

Investment in digital tools (siteone.com, DispatchTrack) and e-commerce initiatives is accelerating customer engagement. Digital sales have grown by over 130%, and salesforce productivity is improving, which is likely to enhance operating leverage and drive higher EBITDA and EPS growth.

Think you know what is powering this double-digit discount? The story is not just about acquisition streaks or a strong brand name. Dive in to discover the specific growth forecast, the projected profit surge, and the surprisingly ambitious valuation multiple that analysts believe are fueling SiteOne’s fair value today.

Result: Fair Value of $153.90 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, ongoing cost volatility and increased competition in the landscape supply market may challenge SiteOne’s ability to deliver on these bullish projections.

Find out about the key risks to this SiteOne Landscape Supply narrative.

Another View: A High Price Tag by Industry Standards

Taking a closer look at how SiteOne is priced versus others in its industry, the valuation story suddenly shifts. By this approach, shares actually look expensive, not cheap. Could the market be discounting risks that other models miss?

See what the numbers say about this price — find out in our valuation breakdown.

Stay updated when valuation signals shift by adding SiteOne Landscape Supply to your watchlist or portfolio. Alternatively, explore our screener to discover other companies that fit your criteria.

Build Your Own SiteOne Landscape Supply Narrative

Of course, if your perspective differs or you would rather analyze the numbers your own way, you can craft a personal take in just a few minutes with our tools: Do it your way.

A good starting point is our analysis highlighting 2 key rewards investors are optimistic about regarding SiteOne Landscape Supply.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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