NYSE:SITE

Stock Analysis Report

Executive Summary

SiteOne Landscape Supply, Inc. engages in the wholesale distribution of landscape supplies in the United States and Canada.

Snowflake

Fundamentals

Moderate growth potential with acceptable track record.

Share Price & News

How has SiteOne Landscape Supply's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.2%

SITE

5.2%

US Trade Distributors

1.0%

US Market


1 Year Return

3.4%

SITE

-0.002%

US Trade Distributors

6.7%

US Market

Return vs Industry: SITE exceeded the US Trade Distributors industry which returned -0% over the past year.

Return vs Market: SITE underperformed the US Market which returned 6.7% over the past year.


Share holder returns

SITEIndustryMarket
7 Day3.2%5.2%1.0%
30 Day-5.9%-2.0%-1.8%
90 Day7.2%1.8%-1.8%
1 Year3.4%3.4%1.8%-0.002%9.1%6.7%
3 Year120.8%120.8%42.1%36.0%46.1%36.6%
5 Yearn/a34.5%24.8%66.9%48.6%

Price Volatility Vs. Market

How volatile is SiteOne Landscape Supply's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is SiteOne Landscape Supply undervalued based on future cash flows and its price relative to the stock market?

44.46x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: SITE ($74.36) is trading above our estimate of fair value ($55.61)

Significantly Undervalued: SITE is trading above our estimate of fair value.


Price Based on Earnings

PE vs Industry: SITE is poor value based on its PE Ratio (44.5x) compared to the Trade Distributors industry average (16.1x).

PE vs Market: SITE is poor value based on its PE Ratio (44.5x) compared to the US market (17.5x).


Price Based on Expected Growth

Low PEG Ratio: SITE is poor value based on its PEG Ratio (2x)


Price Based on Value of Assets

PB vs Industry: SITE is overvalued based on its PB Ratio (8.8x) compared to the US Trade Distributors industry average (1.5x).


Next Steps

Future Growth

How is SiteOne Landscape Supply expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

22.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: SITE's forecast earnings growth (22.6% per year) is above the savings rate (2.7%).

Earnings vs Market: SITE's earnings (22.6% per year) are forecast to grow faster than the US market (14.5% per year).

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

Revenue vs Market: SITE's revenue (4.9% per year) is forecast to grow slower than the US market (7.3% per year).

High Growth Revenue: SITE's revenue (4.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: SITE's Return on Equity is forecast to be low in 3 years time (19.2%).


Next Steps

Past Performance

How has SiteOne Landscape Supply performed over the past 5 years?

52.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SITE has become profitable over the past 5 years, growing earnings by 52.1% per year.

Accelerating Growth: SITE's earnings growth over the past year (2.4%) is below its 5-year average (52.1% per year).

Earnings vs Industry: SITE earnings growth over the past year (2.4%) exceeded the Trade Distributors industry 0.9%.


Return on Equity

High ROE: SITE's Return on Equity (19.7%) is considered low.


Return on Assets

ROA vs Industry: SITE has a higher Return on Assets than the Trade Distributors industry average last year.


Return on Capital Employed

ROCE Improving: SITE's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is SiteOne Landscape Supply's financial position?


Financial Position Analysis

Short Term Liabilities: SITE's short term assets ($893.0M) exceeds its short term liabilities ($357.3M)

Long Term Liabilities: SITE's short term assets (893.0M) exceeds its long term liabilities (826.7M)


Debt to Equity History and Analysis

Debt Level: SITE's debt to equity ratio (183.5%) is considered high

Reducing Debt: SITE's debt to equity ratio has increased from 53.7% to 183.5% over the past 5 years.

Debt Coverage: SITE's debt is not well covered by operating cash flow (15%).

Interest Coverage: SITE's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet

Inventory Level: SITE has a high level of physical assets or inventory.

Debt Coverage by Assets: SITE's debt is covered by short term assets (assets are 1.404080x debt).


Next Steps

Dividend

What is SiteOne Landscape Supply's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage2.4%forecastin3Years0%

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

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

High Dividend: Unable to evaluate SITE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if SITE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SITE'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 SITE's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of SiteOne Landscape Supply's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average management tenure


CEO

Doug Black (54yo)

5.5yrs

Tenure

US$3,516,748

Compensation

Mr. Doug Black has been Chief Executive Officer of SiteOne Landscape Supply, Inc. (alternate name John Deere Landscapes, LLC) since April 1, 2014 and has been its Chairman of the Board since June 23, 2017. ...


CEO Compensation Analysis

Compensation vs. Market: Doug's total compensation ($USD3.52M) is below average for companies of similar size in the US market ($USD5.11M).

Compensation vs Earnings: Doug's compensation has been consistent with company performance over the past year.


Management Age and Tenure

4.3yrs

Average Tenure

51yo

Average Age

Experienced Management: SITE's management team is considered experienced (4.3 years average tenure).


Board Age and Tenure

2.3yrs

Average Tenure

57yo

Average Age

Experienced Board: SITE's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: SITE insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$97,65004 Sep 19
Greg Weller
EntityIndividual
Role
Chief Operating Officer
Senior Vice President of Operations
Shares1,250
Max PriceUS$78.12
SellUS$24,37508 Aug 19
John Guthrie
EntityIndividual
Role
Chief Financial Officer
Executive VP
Shares332
Max PriceUS$73.42
SellUS$66,43007 Aug 19
Greg Weller
EntityIndividual
Role
Chief Operating Officer
Senior Vice President of Operations
Shares922
Max PriceUS$72.05
SellUS$118,11828 May 19
Ross Anker
EntityIndividual
Shares1,820
Max PriceUS$64.90
SellUS$1,804,07823 May 19
Ross Anker
EntityIndividual
Shares27,072
Max PriceUS$66.64

Ownership Breakdown


Management Team

  • Doug Black (54yo)

    Chairman of the Board & CEO

    • Tenure: 5.5yrs
    • Compensation: US$3.52m
  • John Guthrie (54yo)

    Executive VP

    • Tenure: 5.8yrs
    • Compensation: US$923.09k
  • Joe Ketter (50yo)

    Senior Vice President of Human Resources

    • Tenure: 4.3yrs
    • Compensation: US$616.30k
  • Briley Brisendine (48yo)

    Executive VP

    • Tenure: 4.1yrs
    • Compensation: US$1.01m
  • Greg Kirksey

    Director of Communications

    • Tenure: 0yrs
  • Scott Salmon (51yo)

    Executive VP of Strategy & Development

    • Tenure: 0.6yrs
  • Greg Weller

    Senior Vice President of Operations

    • Tenure: 0.4yrs
  • Sean Kramer

    Chief Information Officer

    • Tenure: 5.8yrs

Board Members

  • Jack Wyszomierski (63yo)

    Director

    • Tenure: 3.5yrs
    • Compensation: US$173.76k
  • Jeri Isbell (61yo)

    Director

    • Tenure: 3yrs
    • Compensation: US$173.76k
  • Bill Douglas (58yo)

    Lead Director

    • Tenure: 2.3yrs
    • Compensation: US$213.76k
  • Webster Dunbar (57yo)

    Director

    • Tenure: 2.6yrs
    • Compensation: US$156.26k
  • Fred Diaz (54yo)

    Director

    • Tenure: 2.2yrs
    • Compensation: US$151.81k
  • Doug Black (54yo)

    Chairman of the Board & CEO

    • Tenure: 5.5yrs
    • Compensation: US$3.52m
  • Larisa Drake (47yo)

    Director

    • Tenure: 0.4yrs

Company Information

SiteOne Landscape Supply, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SiteOne Landscape Supply, Inc.
  • Ticker: SITE
  • Exchange: NYSE
  • Founded:
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: US$3.065b
  • Shares outstanding: 41.21m
  • Website: https://siteone.com

Number of Employees


Location

  • SiteOne Landscape Supply, Inc.
  • 300 Colonial Center Parkway
  • Suite 600
  • Roswell
  • Georgia
  • 30076
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SITENYSE (New York Stock Exchange)YesCommon StockUSUSDMay 2016
0S0DB (Deutsche Boerse AG)YesCommon StockDEEURMay 2016

Biography

SiteOne Landscape Supply, Inc. engages in the wholesale distribution of landscape supplies in the United States and Canada. The company provides a selection of approximately 120,000 stock keeping units, in ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 03:12
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
Annual Earnings2018/12/30


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.

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