company background image
IBP

Installed Building ProductsNYSE:IBP Stock Report

Market Cap

US$3.9b

7D

-1.3%

1Y

41.8%

Updated

04 Dec, 2021

Data

Company Financials +
IBP fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance4/6
Financial Health4/6
Dividends2/6

IBP Stock Overview

Installed Building Products, Inc., together with its subsidiaries, engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products in the continental United States.

Price History & Performance

Summary of all time highs, changes and price drops for Installed Building Products
Historical stock prices
Current Share PriceUS$131.48
52 Week HighUS$141.10
52 Week LowUS$91.59
Beta1.85
1 Month Change-0.55%
3 Month Change6.48%
1 Year Change41.77%
3 Year Change270.26%
5 Year Change203.65%
Change since IPO927.19%

Recent News & Updates

Nov 27
Here's Why Installed Building Products (NYSE:IBP) Can Manage Its Debt Responsibly

Here's Why Installed Building Products (NYSE:IBP) Can Manage Its Debt Responsibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Nov 01
Why Installed Building Products, Inc. (NYSE:IBP) Could Be Worth Watching

Why Installed Building Products, Inc. (NYSE:IBP) Could Be Worth Watching

Installed Building Products, Inc. ( NYSE:IBP ), is not the largest company out there, but it led the NYSE gainers with...

Shareholder Returns

IBPUS Consumer DurablesUS Market
7D-1.3%0.7%-2.7%
1Y41.8%30.5%16.6%

Return vs Industry: IBP exceeded the US Consumer Durables industry which returned 30.5% over the past year.

Return vs Market: IBP exceeded the US Market which returned 19.4% over the past year.

Price Volatility

Is IBP's price volatile compared to industry and market?
IBP volatility
IBP Average Weekly Movement4.6%
Consumer Durables Industry Average Movement5.8%
Market Average Movement6.1%
10% most volatile stocks in US Market14.8%
10% least volatile stocks in US Market2.4%

Stable Share Price: IBP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: IBP's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19778,950Jeff Edwardshttps://www.installedbuildingproducts.com

Installed Building Products, Inc., together with its subsidiaries, engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products in the continental United States. It offers a range of insulation materials, such as fiberglass and cellulose, and spray foam insulation materials. The company is also involved in the installation of insulation and sealant materials in various areas of a structure, which includes basement and crawl space, building envelope, attic, and acoustical applications.

Installed Building Products Fundamentals Summary

How do Installed Building Products's earnings and revenue compare to its market cap?
IBP fundamental statistics
Market CapUS$3.88b
Earnings (TTM)US$117.23m
Revenue (TTM)US$1.88b

33.1x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IBP income statement (TTM)
RevenueUS$1.88b
Cost of RevenueUS$1.31b
Gross ProfitUS$568.13m
ExpensesUS$450.89m
EarningsUS$117.23m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.97
Gross Margin30.28%
Net Profit Margin6.25%
Debt/Equity Ratio144.4%

How did IBP perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

23%

Payout Ratio

Does IBP pay a reliable dividends?

See IBP dividend history and benchmarks
When do you need to buy IBP by to receive an upcoming dividend?
Installed Building Products dividend dates
Ex Dividend DateDec 14 2021
Dividend Pay DateDec 31 2021
Days until Ex dividend9 days
Days until Dividend pay date26 days

Does IBP pay a reliable dividends?

See IBP dividend history and benchmarks

Valuation

Is Installed Building Products undervalued compared to its fair value and its price relative to the market?

33.09x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: IBP ($131.48) is trading above our estimate of fair value ($18.97)

Significantly Below Fair Value: IBP is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: IBP is poor value based on its PE Ratio (33.1x) compared to the US Consumer Durables industry average (10x).

PE vs Market: IBP is poor value based on its PE Ratio (33.1x) compared to the US market (16.9x).


Price to Earnings Growth Ratio

PEG Ratio: IBP is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: IBP is overvalued based on its PB Ratio (9.9x) compared to the US Consumer Durables industry average (1.8x).


Future Growth

How is Installed Building Products forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

25.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: IBP's forecast earnings growth (25.4% per year) is above the savings rate (2%).

Earnings vs Market: IBP's earnings (25.4% per year) are forecast to grow faster than the US market (14.1% per year).

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

Revenue vs Market: IBP's revenue (9.7% per year) is forecast to grow slower than the US market (10% per year).

High Growth Revenue: IBP's revenue (9.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: IBP's Return on Equity is forecast to be high in 3 years time (25.4%)


Past Performance

How has Installed Building Products performed over the past 5 years?

24.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IBP has high quality earnings.

Growing Profit Margin: IBP's current net profit margins (6.2%) are higher than last year (5.5%).


Past Earnings Growth Analysis

Earnings Trend: IBP's earnings have grown significantly by 24.7% per year over the past 5 years.

Accelerating Growth: IBP's earnings growth over the past year (32.3%) exceeds its 5-year average (24.7% per year).

Earnings vs Industry: IBP earnings growth over the past year (32.3%) underperformed the Consumer Durables industry 69.8%.


Return on Equity

High ROE: Whilst IBP's Return on Equity (29.85%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Installed Building Products's financial position?


Financial Position Analysis

Short Term Liabilities: IBP's short term assets ($672.9M) exceed its short term liabilities ($284.8M).

Long Term Liabilities: IBP's short term assets ($672.9M) exceed its long term liabilities ($649.6M).


Debt to Equity History and Analysis

Debt Level: IBP's net debt to equity ratio (95.6%) is considered high.

Reducing Debt: IBP's debt to equity ratio has increased from 103.8% to 144.4% over the past 5 years.

Debt Coverage: IBP's debt is well covered by operating cash flow (27%).

Interest Coverage: IBP's interest payments on its debt are well covered by EBIT (6.7x coverage).


Balance Sheet


Dividend

What is Installed Building Products's current dividend yield, its reliability and sustainability?

0.91%

Current Dividend Yield


Upcoming Dividend Payment

TodayDec 04 2021Ex Dividend DateDec 14 2021Dividend Pay DateDec 31 202117 days from Ex DividendBuy in the next 9 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: IBP's dividend (0.91%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: IBP's dividend (0.91%) is low compared to the top 25% of dividend payers in the US market (3.61%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether IBP's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if IBP's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (22.5%), IBP's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: IBP's dividends in 3 years are forecast to be thoroughly covered by earnings (14.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.4yrs

Average management tenure


CEO

Jeff Edwards (57 yo)

17.92yrs

Tenure

US$4,097,375

Compensation

Mr. Jeffrey W. Edwards, also known as Jeff, has been the Chairman and Director of Installed Building Products, Inc. since 1999 and has been its Chief Executive Officer 2004 and has been its President since...


CEO Compensation Analysis

Compensation vs Market: Jeff's total compensation ($USD4.10M) is about average for companies of similar size in the US market ($USD5.28M).

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


Leadership Team

Experienced Management: IBP's management team is seasoned and experienced (8.4 years average tenure).


Board Members

Experienced Board: IBP's board of directors are considered experienced (7.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: IBP 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

Installed Building Products, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Installed Building Products, Inc.
  • Ticker: IBP
  • Exchange: NYSE
  • Founded: 1977
  • Industry: Homebuilding
  • Sector: Consumer Durables
  • Market Cap: US$3.880b
  • Shares outstanding: 29.51m
  • Website: https://www.installedbuildingproducts.com

Number of Employees


Location

  • Installed Building Products, Inc.
  • 495 South High Street
  • Suite 50
  • Columbus
  • Ohio
  • 43215
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/04 00:06
End of Day Share Price2021/12/03 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.