Eagle Materials Inc., through its subsidiaries, produces and supplies heavy construction materials, light building materials, and materials used for oil and natural gas extraction in the United States. More Details
Solid track record and good value.
Share Price & News
How has Eagle Materials's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EXP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: EXP's weekly volatility (4%) has been stable over the past year.
7 Day Return
US Basic Materials
1 Year Return
US Basic Materials
Return vs Industry: EXP exceeded the US Basic Materials industry which returned 69.5% over the past year.
Return vs Market: EXP exceeded the US Market which returned 35.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Eagle Materials's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StEagle Materials (NYSE:EXP) Has A Pretty Healthy Balance Sheet
3 weeks ago | Simply Wall StDid You Miss Eagle Materials' (NYSE:EXP) 95% Share Price Gain?
1 month ago | Simply Wall StIndependent Director F. Barnett Just Sold A Bunch Of Shares In Eagle Materials Inc. (NYSE:EXP)
Is Eagle Materials undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EXP ($141.32) is trading below our estimate of fair value ($357.29)
Significantly Below Fair Value: EXP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EXP is good value based on its PE Ratio (17.7x) compared to the US Basic Materials industry average (20.2x).
PE vs Market: EXP is good value based on its PE Ratio (17.7x) compared to the US market (18x).
Price to Earnings Growth Ratio
PEG Ratio: EXP is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: EXP is overvalued based on its PB Ratio (4.3x) compared to the US Basic Materials industry average (3.4x).
How is Eagle Materials forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EXP's forecast earnings growth (11.8% per year) is above the savings rate (2%).
Earnings vs Market: EXP's earnings (11.8% per year) are forecast to grow slower than the US market (14.9% per year).
High Growth Earnings: EXP's earnings are forecast to grow, but not significantly.
Revenue vs Market: EXP's revenue (5.8% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: EXP's revenue (5.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EXP's Return on Equity is forecast to be low in 3 years time (19.3%).
How has Eagle Materials performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EXP has high quality earnings.
Growing Profit Margin: EXP's current net profit margins (19.9%) are higher than last year (19.3%).
Past Earnings Growth Analysis
Earnings Trend: EXP's earnings have grown by 2.4% per year over the past 5 years.
Accelerating Growth: EXP's earnings growth over the past year (16.7%) exceeds its 5-year average (2.4% per year).
Earnings vs Industry: EXP earnings growth over the past year (16.7%) underperformed the Basic Materials industry 77.3%.
Return on Equity
High ROE: EXP's Return on Equity (23.9%) is considered high.
How is Eagle Materials's financial position?
Financial Position Analysis
Short Term Liabilities: EXP's short term assets ($731.3M) exceed its short term liabilities ($189.0M).
Long Term Liabilities: EXP's short term assets ($731.3M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: EXP's debt to equity ratio (72.5%) is considered high.
Reducing Debt: EXP's debt to equity ratio has increased from 47.2% to 72.5% over the past 5 years.
Debt Coverage: EXP's debt is well covered by operating cash flow (65.3%).
Interest Coverage: EXP's interest payments on its debt are well covered by EBIT (11.6x coverage).
What is Eagle Materials's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EXP's dividend (0.71%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: EXP's dividend (0.71%) is low compared to the top 25% of dividend payers in the US market (3.54%).
Stability and Growth of Payments
Stable Dividend: EXP's dividend payments have been volatile in the past 10 years.
Growing Dividend: EXP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (3.1%), EXP's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of EXP's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Haack (48 yo)
Mr. Michael R. Haack has been President of Eagle Materials Inc. since August 2018 and its Director since June 19, 2019. He has been Chief Executive Officer of Eagle Materials Inc. since July 1, 2019. He se...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD5.76M) is about average for companies of similar size in the US market ($USD6.47M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
Experienced Management: EXP's management team is seasoned and experienced (11.9 years average tenure).
Experienced Board: EXP's board of directors are considered experienced (5.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: EXP insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Eagle Materials Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Eagle Materials Inc.
- Ticker: EXP
- Exchange: NYSE
- Founded: 1963
- Industry: Construction Materials
- Sector: Materials
- Market Cap: US$5.919b
- Shares outstanding: 41.88m
- Website: https://www.eaglematerials.com
Number of Employees
- Eagle Materials Inc.
- 5960 Berkshire Lane
- Suite 900
- United States
Eagle Materials Inc., through its subsidiaries, produces and supplies heavy construction materials, light building materials, and materials used for oil and natural gas extraction in the United States. It ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/31 05:39|
|End of Day Share Price||2021/07/30 00:00|
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.