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EXP

Eagle MaterialsNYSE:EXP Stock Report

Market Cap

US$5.9b

7D

5.7%

1Y

64.9%

Updated

27 Sep, 2021

Data

Company Financials +
EXP fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance5/6
Financial Health3/6
Dividends2/6

EXP Overview

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.

Eagle Materials Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Eagle Materials
Historical stock prices
Current Share PriceUS$139.85
52 Week HighUS$82.88
52 Week LowUS$160.18
Beta1.23
1 Month Change-11.01%
3 Month Change-0.64%
1 Year Change64.88%
3 Year Change62.79%
5 Year Change84.50%
Change since IPO2,870.27%

Recent News & Updates

Shareholder Returns

EXPUS Basic MaterialsUS Market
7D5.7%4.6%2.0%
1Y64.9%50.1%32.8%

Return vs Industry: EXP exceeded the US Basic Materials industry which returned 51.6% over the past year.

Return vs Market: EXP exceeded the US Market which returned 35.3% over the past year.

Price Volatility

Is EXP's price volatile compared to industry and market?
EXP volatility
EXP Beta1.23
Industry Beta0.78
Market Beta1

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.

About the Company

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

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 operates in five segments: Cement, Concrete and Aggregates, Gypsum Wallboard, Recycled Paperboard, and Oil and Gas Proppants. 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$5.86b
Earnings (TTM)US$332.40m
Revenue (TTM)US$1.67b

17.6x

P/E Ratio

3.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EXP income statement (TTM)
RevenueUS$1.67b
Cost of RevenueUS$1.24b
Gross ProfitUS$432.57m
ExpensesUS$100.17m
EarningsUS$332.40m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)7.94
Gross Margin25.88%
Net Profit Margin19.89%
Debt/Equity Ratio72.5%

How did EXP perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

3%

Payout Ratio

Valuation

Is Eagle Materials 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: EXP ($139.85) is trading below our estimate of fair value ($362.65)

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


Price To Earnings Ratio

PE vs Industry: EXP is poor value based on its PE Ratio (17.6x) compared to the US Basic Materials industry average (17.1x).

PE vs Market: EXP is good value based on its PE Ratio (17.6x) compared to the US market (17.9x).


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 (4.2x) compared to the US Basic Materials industry average (2.7x).


Future Growth

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

11.8%

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 (15% per year).

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

Revenue vs Market: EXP's revenue (6.2% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: EXP's revenue (6.2% 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 (22%)


Past Performance

How has Eagle Materials performed over the past 5 years?

2.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EXP has high quality earnings.

Growing Profit Margin: EXP's current net profit margins (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 51.2%.


Return on Equity

High ROE: EXP's Return on Equity (23.9%) is considered high.


Financial Health

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).


Balance Sheet


Dividend

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

0.72%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: EXP's dividend (0.72%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.33%).

High Dividend: EXP's dividend (0.72%) is low compared to the top 25% of dividend payers in the US market (3.6%).


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.


Next Steps

Management

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

12.1yrs

Average management tenure


CEO

Michael Haack (48 yo)

2.17yrs

Tenure

US$5,761,074

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 ($USD5.76M) is about average for companies of similar size in the US market ($USD6.38M).

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 (12.1 years average tenure).


Board Members

Experienced Board: EXP's board of directors are considered experienced (5.5 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
  • Market Cap: US$5.857b
  • Shares outstanding: 41.88m
  • 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 Analysis2021/09/27 22:57
End of Day Share Price2021/09/27 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.