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EXP

Eagle Materials NYSE:EXP Stock Report

Last Price

US$112.29

Market Cap

US$4.3b

7D

4.3%

1Y

-21.1%

Updated

03 Jul, 2022

Data

Company Financials +
EXP fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance4/6
Financial Health3/6
Dividends0/6

EXP Stock Overview

Eagle Materials Inc., through its subsidiaries, produces and supplies heavy construction materials and light building materials in the United States.

Eagle Materials Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Eagle Materials
Historical stock prices
Current Share PriceUS$112.29
52 Week HighUS$169.15
52 Week LowUS$105.34
Beta1.24
1 Month Change-16.87%
3 Month Change-10.86%
1 Year Change-21.10%
3 Year Change25.62%
5 Year Change21.64%
Change since IPO2,284.92%

Recent News & Updates

Jun 28
Is Now The Time To Look At Buying Eagle Materials Inc. (NYSE:EXP)?

Is Now The Time To Look At Buying Eagle Materials Inc. (NYSE:EXP)?

Eagle Materials Inc. ( NYSE:EXP ), might not be a large cap stock, but it saw significant share price movement during...

Shareholder Returns

EXPUS Basic MaterialsUS Market
7D4.3%-2.7%-2.5%
1Y-21.1%-18.0%-21.2%

Return vs Industry: EXP underperformed the US Basic Materials industry which returned -18% over the past year.

Return vs Market: EXP matched the US Market which returned -21.2% over the past year.

Price Volatility

Is EXP's price volatile compared to industry and market?
EXP volatility
EXP Average Weekly Movement6.2%
Basic Materials Industry Average Movement5.9%
Market Average Movement8.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.3%

Stable Share Price: EXP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: EXP's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19632,200Michael Haackhttps://www.eaglematerials.com

Eagle Materials Inc., through its subsidiaries, produces and supplies heavy construction materials and light building materials in the United States. It operates through Cement, Concrete and Aggregates, Gypsum Wallboard, and Recycled Paperboard segments. The company engages in the mining of limestone for the manufacture, production, distribution, and sale of Portland cement; grinding and sale of slag; and mining of gypsum for the manufacture and sale of gypsum wallboards used to finish the interior walls and ceilings in residential, commercial, and industrial structures.

Eagle Materials Fundamentals Summary

How do Eagle Materials's earnings and revenue compare to its market cap?
EXP fundamental statistics
Market CapUS$4.28b
Earnings (TTM)US$374.25m
Revenue (TTM)US$1.86b

11.4x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EXP income statement (TTM)
RevenueUS$1.86b
Cost of RevenueUS$1.34b
Gross ProfitUS$519.61m
Other ExpensesUS$145.37m
EarningsUS$374.25m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)9.82
Gross Margin27.91%
Net Profit Margin20.10%
Debt/Equity Ratio82.8%

How did EXP perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

11%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is EXP undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EXP?

Other financial metrics that can be useful for relative valuation.

EXP key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.8x
Enterprise Value/EBITDA8.7x
PEG Ratio1x

Price to Earnings Ratio vs Peers

How does EXP's PE Ratio compare to its peers?

EXP PE Ratio vs Peers
The above table shows the PE ratio for EXP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average23.5x
SUM Summit Materials
19.4x22.8%US$2.8b
MLM Martin Marietta Materials
27.9x18.0%US$18.5b
VMC Vulcan Materials
31.2x20.2%US$18.9b
USLM United States Lime & Minerals
15.5xn/aUS$600.0m
EXP Eagle Materials
11.4x11.3%US$4.3b

Price-To-Earnings vs Peers: EXP is good value based on its Price-To-Earnings Ratio (11.4x) compared to the peer average (23.5x).


Price to Earnings Ratio vs Industry

How does EXP's PE Ratio compare vs other companies in the Global Basic Materials Industry?

Price-To-Earnings vs Industry: EXP is good value based on its Price-To-Earnings Ratio (11.4x) compared to the US Basic Materials industry average (15.7x)


Price to Earnings Ratio vs Fair Ratio

What is EXP's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EXP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.4x
Fair PE Ratio17.6x

Price-To-Earnings vs Fair Ratio: EXP is good value based on its Price-To-Earnings Ratio (11.4x) compared to the estimated Fair Price-To-Earnings Ratio (17.6x).


Share Price vs Fair Value

What is the Fair Price of EXP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: EXP ($112.29) is trading below our estimate of fair value ($455.93)

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


Price to Earnings Growth Ratio

PEG Ratio: EXP is poor value based on its PEG Ratio (1x)


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Future Growth

How is Eagle Materials forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


11.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EXP's forecast earnings growth (11.3% per year) is above the savings rate (1.9%).

Earnings vs Market: EXP's earnings (11.3% per year) are forecast to grow slower than the US market (13.6% per year).

High Growth Earnings: EXP's earnings are forecast to grow, but not significantly.

Revenue vs Market: EXP's revenue (7% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: EXP's revenue (7% 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 high in 3 years time (28.5%)


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Past Performance

How has Eagle Materials performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


12.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: EXP has high quality earnings.

Growing Profit Margin: EXP's current net profit margins (20.1%) are lower than last year (20.6%).


Past Earnings Growth Analysis

Earnings Trend: EXP's earnings have grown by 12.4% per year over the past 5 years.

Accelerating Growth: EXP's earnings growth over the past year (12%) is below its 5-year average (12.4% per year).

Earnings vs Industry: EXP earnings growth over the past year (12%) exceeded the Basic Materials industry -12.2%.


Return on Equity

High ROE: EXP's Return on Equity (33%) is considered high.


Discover strong past performing companies

Financial Health

How is Eagle Materials's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: EXP's short term assets ($442.7M) exceed its short term liabilities ($207.6M).

Long Term Liabilities: EXP's short term assets ($442.7M) do not cover its long term liabilities ($1.2B).


Debt to Equity History and Analysis

Debt Level: EXP's net debt to equity ratio (81.1%) is considered high.

Reducing Debt: EXP's debt to equity ratio has increased from 57% to 82.8% over the past 5 years.

Debt Coverage: EXP's debt is well covered by operating cash flow (55.1%).

Interest Coverage: EXP's interest payments on its debt are well covered by EBIT (17.1x coverage).


Balance Sheet


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Dividend

What is Eagle Materials's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.89%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: EXP's dividend (0.89%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.6%).

High Dividend: EXP's dividend (0.89%) is low compared to the top 25% of dividend payers in the US market (4.25%).


Stability and Growth of Payments

Stable Dividend: EXP is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: EXP is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: EXP is not paying a notable dividend for the US market.


Cash Payout to Shareholders

Cash Flow Coverage: EXP is not paying a notable dividend for the US market.


Discover strong dividend paying companies

Management

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

8.4yrs

Average management tenure


CEO

Michael Haack (49 yo)

3.92yrs

Tenure

US$6,635,750

Compensation

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 ($USD6.64M) is about average for companies of similar size in the US market ($USD6.91M).

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


Leadership Team

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


Board Members

Experienced Board: EXP's board of directors are considered experienced (7.1 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Eagle Materials Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Eagle Materials Inc.
  • Ticker: EXP
  • Exchange: NYSE
  • Founded: 1963
  • Industry: Construction Materials
  • Sector: Materials
  • Implied Market Cap: US$4.278b
  • Shares outstanding: 38.10m
  • Website: https://www.eaglematerials.com

Number of Employees


Location

  • Eagle Materials Inc.
  • 5960 Berkshire Lane
  • Suite 900
  • Dallas
  • Texas
  • 75225
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/03 00:00
End of Day Share Price2022/07/01 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.