TopBuild
Market Cap
US$7.1b
Last Updated
2021/01/25 23:24 UTC
Data Sources
Company Financials +
Executive Summary
TopBuild Corp. installs and distributes insulation and other building products to the United States construction industry. More Details
Rewards
Risk Analysis
Snowflake Analysis
Mediocre balance sheet with acceptable track record.
Share Price & News
How has TopBuild's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BLD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: BLD's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
6.9%
BLD
10.2%
US Consumer Durables
2.6%
US Market
1 Year Return
88.7%
BLD
28.4%
US Consumer Durables
26.0%
US Market
Return vs Industry: BLD exceeded the US Consumer Durables industry which returned 28.4% over the past year.
Return vs Market: BLD exceeded the US Market which returned 26% over the past year.
Shareholder returns
| BLD | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.9% | 10.2% | 2.6% |
| 30 Day | 8.0% | 9.5% | 5.1% |
| 90 Day | 29.1% | 21.5% | 17.1% |
| 1 Year | 88.7%88.7% | 29.9%28.4% | 28.9%26.0% |
| 3 Year | 180.2%180.2% | 32.0%27.3% | 46.3%36.6% |
| 5 Year | 702.0%702.0% | 101.7%88.2% | 126.9%101.6% |
Long-Term Price Volatility Vs. Market
How volatile is TopBuild's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Can You Imagine How Elated TopBuild's (NYSE:BLD) Shareholders Feel About Its 704% Share Price Gain?3 weeks ago | Simply Wall St
Calculating The Intrinsic Value Of TopBuild Corp. (NYSE:BLD)1 month ago | Simply Wall St
Have TopBuild Corp. (NYSE:BLD) Insiders Been Selling Their Stock?Valuation
Is TopBuild undervalued compared to its fair value and its price relative to the market?
31.81x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BLD ($213.97) is trading above our estimate of fair value ($210.05)
Significantly Below Fair Value: BLD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BLD is poor value based on its PE Ratio (31.8x) compared to the US Consumer Durables industry average (15.6x).
PE vs Market: BLD is poor value based on its PE Ratio (31.8x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: BLD is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: BLD is overvalued based on its PB Ratio (5.5x) compared to the US Consumer Durables industry average (1.9x).
Next Steps
Future Growth
How is TopBuild forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
16.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BLD's forecast earnings growth (16.8% per year) is above the savings rate (2%).
Earnings vs Market: BLD's earnings (16.8% per year) are forecast to grow slower than the US market (21.5% per year).
High Growth Earnings: BLD's earnings are forecast to grow, but not significantly.
Revenue vs Market: BLD's revenue (10.3% per year) is forecast to grow slower than the US market (10.6% per year).
High Growth Revenue: BLD's revenue (10.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BLD's Return on Equity is forecast to be high in 3 years time (20.3%)
Next Steps
Past Performance
How has TopBuild performed over the past 5 years?
24.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BLD has high quality earnings.
Growing Profit Margin: BLD's current net profit margins (8.4%) are higher than last year (7.1%).
Past Earnings Growth Analysis
Earnings Trend: BLD's earnings have grown significantly by 24.1% per year over the past 5 years.
Accelerating Growth: BLD's earnings growth over the past year (21%) is below its 5-year average (24.1% per year).
Earnings vs Industry: BLD earnings growth over the past year (21%) underperformed the Consumer Durables industry 26.9%.
Return on Equity
High ROE: BLD's Return on Equity (17.3%) is considered low.
Next Steps
Financial Health
How is TopBuild's financial position?
Financial Position Analysis
Short Term Liabilities: BLD's short term assets ($926.5M) exceed its short term liabilities ($485.1M).
Long Term Liabilities: BLD's short term assets ($926.5M) do not cover its long term liabilities ($981.1M).
Debt to Equity History and Analysis
Debt Level: BLD's debt to equity ratio (55.6%) is considered high.
Reducing Debt: BLD's debt to equity ratio has increased from 23.1% to 55.6% over the past 5 years.
Debt Coverage: BLD's debt is well covered by operating cash flow (48.4%).
Interest Coverage: BLD's interest payments on its debt are well covered by EBIT (9.7x coverage).
Balance Sheet
Next Steps
Dividend
What is TopBuild current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BLD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BLD'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 BLD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BLD'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 BLD'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?
2.8yrs
Average management tenure
CEO
Robert Buck (50 yo)
no data
Tenure
US$2,133,113
Compensation
Mr. Robert M. Buck has been Chief Executive Officer and Director of TopBuild Corp. since January 1, 2021 and as its President since June 2015. He was Chief Operating Officer of TopBuild Corp. from June 201...
CEO Compensation Analysis
Compensation vs Market: Robert's total compensation ($USD2.13M) is below average for companies of similar size in the US market ($USD6.39M).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | no data | US$2.13m | 0.062% $ 4.4m | |
| CFO & VP | 5.58yrs | US$1.70m | 0.047% $ 3.3m | |
| President of TruTeam Operations | 3.17yrs | US$1.21m | 0.0018% $ 127.9k | |
| Chief Information Officer | 6yrs | no data | no data | |
| Vice President of Investor Relations | 5.25yrs | no data | no data | |
| Deputy General Counsel | no data | no data | no data | |
| General Counsel & Corporate Secretary | 0.42yr | no data | 0.0067% $ 479.5k | |
| Vice President of Innovation & Marketing | 2yrs | no data | no data | |
| Chief Human Resources Officer | 1yr | no data | 0.0015% $ 105.8k | |
| Senior Vice President of Mergers & Acquisitions | 4.5yrs | US$906.76k | 0.010% $ 719.5k | |
| VP & Controller | 2.5yrs | no data | 0.0013% $ 88.8k | |
| President of Service Partners Operations | 1.33yrs | no data | no data |
2.8yrs
Average Tenure
54yo
Average Age
Experienced Management: BLD's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | no data | US$2.13m | 0.062% $ 4.4m | |
| Independent Director | 2.75yrs | US$206.41k | 0.014% $ 1.0m | |
| Independent Director | 5.5yrs | US$199.66k | 0.037% $ 2.6m | |
| Independent Chairman of the Board | 5yrs | US$349.66k | 0.037% $ 2.6m | |
| Independent Director | 5.5yrs | US$219.66k | 0.063% $ 4.5m | |
| Independent Director | 5.5yrs | US$214.66k | 0.037% $ 2.6m | |
| Independent Director | 2.75yrs | US$199.66k | 0.014% $ 1.0m |
5.3yrs
Average Tenure
60yo
Average Age
Experienced Board: BLD's board of directors are considered experienced (5.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BLD insiders have only sold shares 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
TopBuild Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: TopBuild Corp.
- Ticker: BLD
- Exchange: NYSE
- Founded: 2015
- Industry: Homebuilding
- Sector: Consumer Durables
- Market Cap: US$7.103b
- Shares outstanding: 32.70m
- Website: https://www.topbuild.com
Number of Employees
Location
- TopBuild Corp.
- 475 North Williamson Boulevard
- Daytona Beach
- Florida
- 32114
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BLD | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jun 2015 |
| BLD * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jun 2015 |
| 28T | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jun 2015 |
Biography
TopBuild Corp. installs and distributes insulation and other building products to the United States construction industry. The company operates in two segments, Installation and Distribution. It offers ins...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/25 23:24 |
| End of Day Share Price | 2021/01/25 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.