NasdaqGS:USCR

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Executive Summary

U.S. Concrete, Inc., through its subsidiaries, produces and sells ready-mixed concrete, aggregates, and concrete-related products and services to the construction industry in the United States, the U.S.


Snowflake Analysis

Good value with moderate growth potential.


Similar Companies

Share Price & News

How has U.S. Concrete's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: USCR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0.4%

USCR

2.6%

US Basic Materials

1.1%

US Market


1 Year Return

-62.0%

USCR

-19.9%

US Basic Materials

4.6%

US Market

Return vs Industry: USCR underperformed the US Basic Materials industry which returned -20.6% over the past year.

Return vs Market: USCR underperformed the US Market which returned 4.1% over the past year.


Shareholder returns

USCRIndustryMarket
7 Day0.4%2.6%1.1%
30 Day11.7%2.7%5.5%
90 Day-38.5%-21.4%-4.9%
1 Year-62.0%-62.0%-19.1%-19.9%7.0%4.6%
3 Year-73.4%-73.4%-23.4%-25.3%28.6%20.1%
5 Year-52.3%-52.3%5.8%1.8%52.5%35.3%

Price Volatility Vs. Market

How volatile is U.S. Concrete's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is U.S. Concrete undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: USCR ($17.78) is trading below our estimate of fair value ($35.63)

Significantly Below Fair Value: USCR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: USCR is poor value based on its PE Ratio (20.2x) compared to the Basic Materials industry average (18.9x).

PE vs Market: USCR is poor value based on its PE Ratio (20.2x) compared to the US market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: USCR is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: USCR is good value based on its PB Ratio (0.9x) compared to the US Basic Materials industry average (1.2x).


Next Steps

Future Growth

How is U.S. Concrete forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

65.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: USCR's forecast earnings growth (65.1% per year) is above the savings rate (2.2%).

Earnings vs Market: USCR's earnings (65.1% per year) are forecast to grow faster than the US market (21.6% per year).

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

Revenue vs Market: USCR's revenue (1.6% per year) is forecast to grow slower than the US market (8.9% per year).

High Growth Revenue: USCR's revenue (1.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: USCR's Return on Equity is forecast to be low in 3 years time (7.3%).


Next Steps

Past Performance

How has U.S. Concrete performed over the past 5 years?

22.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: USCR has a large one-off gain of $4.7M impacting its March 31 2020 financial results.

Growing Profit Margin: USCR's current net profit margins (1%) are lower than last year (2.1%).


Past Earnings Growth Analysis

Earnings Trend: USCR's earnings have grown significantly by 22.6% per year over the past 5 years.

Accelerating Growth: USCR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: USCR had negative earnings growth (-53.3%) over the past year, making it difficult to compare to the Basic Materials industry average (3.4%).


Return on Equity

High ROE: USCR's Return on Equity (4.4%) is considered low.


Next Steps

Financial Health

How is U.S. Concrete's financial position?


Financial Position Analysis

Short Term Liabilities: USCR's short term assets ($332.6M) exceed its short term liabilities ($248.2M).

Long Term Liabilities: USCR's short term assets ($332.6M) do not cover its long term liabilities ($928.8M).


Debt to Equity History and Analysis

Debt Level: USCR's debt to equity ratio (193.1%) is considered high.

Reducing Debt: USCR's debt to equity ratio has reduced from 233.9% to 193.1% over the past 5 years.

Debt Coverage: USCR's debt is well covered by operating cash flow (22.8%).

Interest Coverage: USCR's interest payments on its debt are not well covered by EBIT (1.4x coverage).


Balance Sheet


Next Steps

Dividend

What is U.S. Concrete's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate USCR'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 USCR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if USCR'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 USCR'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?

2.6yrs

Average management tenure


CEO

U.S. Concrete has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Ronnie Pruitt
Presidentno dataUS$1.88m0.13% $383.2k
John Kunz
Senior VP & CFO2.58yrsUS$1.58m0.093% $271.3k
Paul Jolas
Senior VP6.75yrsUS$1.30m0.11% $309.9k
Mark Peabody
Vice President of Human Resources8yrsno data0.17% $494.1k
Gibson Dawson
VP, Corporate Controller & Chief Accounting Officer1.25yrsno data0.028% $81.8k

2.6yrs

Average Tenure

54yo

Average Age

Experienced Management: USCR's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ronnie Pruitt
Presidentno dataUS$1.88m0.13% $383.2k
Michael Lundin
Independent Chairman of the Boardno dataUS$270.00k0.42% $1.2m
Kurt Cellar
Independent Director9.75yrsUS$240.00k0.60% $1.7m
Theodore Rossi
Independent Director8.42yrsUS$240.00k0.52% $1.5m
William Sandbrook
Director8.75yrsUS$4.99m2.49% $7.3m
Colin Sutherland
Independent Director9.75yrsUS$235.00k0.073% $214.7k
Rajan Penkar
Independent Directorno datano datano data
Susan Ball
Independent Director1.75yrsUS$230.00k0.020% $59.4k

8.8yrs

Average Tenure

60yo

Average Age

Experienced Board: USCR's board of directors are considered experienced (8.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: USCR insiders have bought more shares than they have sold 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

U.S. Concrete, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: U.S. Concrete, Inc.
  • Ticker: USCR
  • Exchange: NasdaqGS
  • Founded: 1997
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: US$292.732m
  • Shares outstanding: 16.46m
  • Website: https://www.us-concrete.com

Number of Employees


Location

  • U.S. Concrete, Inc.
  • 331 North Main Street
  • Euless
  • Texas
  • 76039
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
USCRNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDOct 2010
0U1NDB (Deutsche Boerse AG)YesCommon StockDEEUROct 2010

Biography

U.S. Concrete, Inc., through its subsidiaries, produces and sells ready-mixed concrete, aggregates, and concrete-related products and services to the construction industry in the United States, the U.S. Virgin Islands, and Canada. It operates through two segments, Ready-Mixed Concrete and Aggregate Products. The Ready-Mixed Concrete segment engages in the formulation, production, and delivery of ready-mixed concrete to customers’ job sites; and the provision of various services that include the formulation of mixtures for specific design uses, on-site and lab-based product quality control, and customized delivery programs. The Aggregate Products segment offers crushed stone, sand, and gravel for use in commercial, industrial, and public works projects. The company’s other products include building materials stores, hauling operations, aggregates distribution terminals, a recycled aggregates operation and concrete blocks, as well as products, including ARIDUS Rapid Drying Concrete technology and the Where’s My Concrete family of Web and mobile applications. It primarily serves concrete general contractors, governmental agencies, and developers, architects, engineers, and home builders. The company was founded in 1997 and is based in Euless, Texas. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/26 03:38
End of Day Share Price2020/05/22 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.