Intrinsic value of Builders FirstSource - BLDR

Previous Close

$15.82

  Intrinsic Value

$13.31

stock screener

  Rating & Target

hold

-16%

  Value-price divergence*

-89%

Previous close

$15.82

 
Intrinsic value

$13.31

 
Up/down potential

-16%

 
Rating

hold

 
Value-price divergence*

-89%

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of BLDR stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2016), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 1.8

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  78.65
  9.70
  9.23
  8.81
  8.43
  8.08
  7.78
  7.50
  7.25
  7.02
  6.82
  6.64
  6.47
  6.33
  6.19
  6.08
  5.97
  5.87
  5.78
  5.71
  5.63
  5.57
  5.51
  5.46
  5.42
  5.37
  5.34
  5.30
  5.27
  5.25
  5.22
Revenue, $m
  6,367
  6,985
  7,629
  8,301
  9,001
  9,728
  10,485
  11,271
  12,088
  12,937
  13,819
  14,736
  15,691
  16,683
  17,717
  18,793
  19,915
  21,084
  22,303
  23,576
  24,904
  26,292
  27,742
  29,257
  30,842
  32,500
  34,234
  36,050
  37,951
  39,942
  42,027
Variable operating expenses, $m
 
  6,614
  7,218
  7,847
  8,502
  9,183
  9,892
  10,628
  11,393
  12,188
  13,014
  13,799
  14,692
  15,622
  16,590
  17,598
  18,648
  19,743
  20,884
  22,076
  23,320
  24,619
  25,977
  27,396
  28,880
  30,432
  32,056
  33,756
  35,536
  37,401
  39,354
Fixed operating expenses, $m
 
  100
  103
  106
  108
  111
  114
  116
  119
  122
  125
  129
  132
  135
  138
  142
  145
  149
  153
  157
  161
  165
  169
  173
  177
  182
  186
  191
  196
  201
  206
Total operating expenses, $m
  6,131
  6,714
  7,321
  7,953
  8,610
  9,294
  10,006
  10,744
  11,512
  12,310
  13,139
  13,928
  14,824
  15,757
  16,728
  17,740
  18,793
  19,892
  21,037
  22,233
  23,481
  24,784
  26,146
  27,569
  29,057
  30,614
  32,242
  33,947
  35,732
  37,602
  39,560
Operating income, $m
  236
  270
  308
  349
  390
  434
  479
  527
  576
  627
  680
  809
  866
  926
  989
  1,054
  1,122
  1,192
  1,266
  1,343
  1,424
  1,508
  1,596
  1,688
  1,785
  1,886
  1,992
  2,103
  2,219
  2,341
  2,468
EBITDA, $m
  346
  409
  454
  501
  549
  599
  652
  706
  763
  822
  883
  947
  1,014
  1,083
  1,155
  1,230
  1,308
  1,390
  1,475
  1,565
  1,658
  1,755
  1,857
  1,963
  2,074
  2,191
  2,313
  2,441
  2,575
  2,715
  2,863
Interest expense (income), $m
  197
  189
  215
  242
  270
  300
  330
  362
  395
  430
  465
  502
  541
  581
  623
  666
  712
  759
  808
  859
  913
  968
  1,027
  1,088
  1,151
  1,218
  1,288
  1,361
  1,437
  1,517
  1,601
Earnings before tax, $m
  22
  81
  93
  106
  120
  134
  149
  164
  180
  197
  214
  307
  325
  345
  366
  387
  410
  434
  458
  484
  511
  540
  570
  601
  634
  668
  704
  742
  782
  824
  868
Tax expense, $m
  -122
  22
  25
  29
  32
  36
  40
  44
  49
  53
  58
  83
  88
  93
  99
  105
  111
  117
  124
  131
  138
  146
  154
  162
  171
  180
  190
  200
  211
  222
  234
Net income, $m
  144
  59
  68
  78
  88
  98
  109
  120
  132
  144
  157
  224
  238
  252
  267
  283
  299
  317
  335
  353
  373
  394
  416
  439
  462
  488
  514
  542
  571
  601
  633

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  14
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  2,910
  3,192
  3,487
  3,794
  4,114
  4,446
  4,792
  5,151
  5,525
  5,913
  6,316
  6,735
  7,171
  7,625
  8,097
  8,589
  9,102
  9,636
  10,194
  10,775
  11,382
  12,016
  12,679
  13,372
  14,096
  14,854
  15,646
  16,476
  17,345
  18,255
  19,208
Adjusted assets (=assets-cash), $m
  2,896
  3,192
  3,487
  3,794
  4,114
  4,446
  4,792
  5,151
  5,525
  5,913
  6,316
  6,735
  7,171
  7,625
  8,097
  8,589
  9,102
  9,636
  10,194
  10,775
  11,382
  12,016
  12,679
  13,372
  14,096
  14,854
  15,646
  16,476
  17,345
  18,255
  19,208
Revenue / Adjusted assets
  2.199
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
  2.188
Average production assets, $m
  870
  957
  1,045
  1,137
  1,233
  1,333
  1,436
  1,544
  1,656
  1,772
  1,893
  2,019
  2,150
  2,286
  2,427
  2,575
  2,728
  2,888
  3,056
  3,230
  3,412
  3,602
  3,801
  4,008
  4,225
  4,452
  4,690
  4,939
  5,199
  5,472
  5,758
Working capital, $m
  461
  545
  595
  647
  702
  759
  818
  879
  943
  1,009
  1,078
  1,149
  1,224
  1,301
  1,382
  1,466
  1,553
  1,645
  1,740
  1,839
  1,943
  2,051
  2,164
  2,282
  2,406
  2,535
  2,670
  2,812
  2,960
  3,115
  3,278
Total debt, $m
  1,838
  2,089
  2,352
  2,626
  2,911
  3,208
  3,517
  3,838
  4,171
  4,518
  4,878
  5,252
  5,642
  6,047
  6,469
  6,908
  7,366
  7,843
  8,341
  8,860
  9,402
  9,969
  10,560
  11,179
  11,826
  12,502
  13,210
  13,951
  14,727
  15,540
  16,391
Total liabilities, $m
  2,600
  2,851
  3,114
  3,388
  3,673
  3,970
  4,279
  4,600
  4,933
  5,280
  5,640
  6,014
  6,404
  6,809
  7,231
  7,670
  8,128
  8,605
  9,103
  9,622
  10,164
  10,731
  11,322
  11,941
  12,588
  13,264
  13,972
  14,713
  15,489
  16,302
  17,153
Total equity, $m
  310
  342
  373
  406
  440
  476
  513
  551
  591
  633
  676
  721
  767
  816
  866
  919
  974
  1,031
  1,091
  1,153
  1,218
  1,286
  1,357
  1,431
  1,508
  1,589
  1,674
  1,763
  1,856
  1,953
  2,055
Total liabilities and equity, $m
  2,910
  3,193
  3,487
  3,794
  4,113
  4,446
  4,792
  5,151
  5,524
  5,913
  6,316
  6,735
  7,171
  7,625
  8,097
  8,589
  9,102
  9,636
  10,194
  10,775
  11,382
  12,017
  12,679
  13,372
  14,096
  14,853
  15,646
  16,476
  17,345
  18,255
  19,208
Debt-to-equity ratio
  5.929
  6.110
  6.300
  6.470
  6.610
  6.740
  6.860
  6.960
  7.060
  7.140
  7.220
  7.290
  7.350
  7.410
  7.470
  7.520
  7.560
  7.610
  7.650
  7.680
  7.720
  7.750
  7.780
  7.810
  7.840
  7.870
  7.890
  7.910
  7.940
  7.960
  7.980
Adjusted equity ratio
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107
  0.107

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  144
  59
  68
  78
  88
  98
  109
  120
  132
  144
  157
  224
  238
  252
  267
  283
  299
  317
  335
  353
  373
  394
  416
  439
  462
  488
  514
  542
  571
  601
  633
Depreciation, amort., depletion, $m
  110
  140
  146
  152
  158
  165
  172
  180
  187
  195
  204
  138
  147
  157
  166
  176
  187
  198
  209
  221
  234
  247
  260
  275
  289
  305
  321
  338
  356
  375
  394
Funds from operations, $m
  112
  198
  214
  230
  246
  263
  281
  300
  319
  339
  360
  362
  385
  409
  433
  459
  486
  514
  544
  575
  607
  641
  676
  713
  752
  793
  835
  880
  927
  976
  1,028
Change in working capital, $m
  -46
  48
  50
  52
  55
  57
  59
  61
  64
  66
  69
  72
  74
  77
  81
  84
  87
  91
  95
  99
  104
  108
  113
  118
  124
  129
  135
  142
  148
  155
  163
Cash from operations, $m
  158
  150
  163
  177
  191
  206
  222
  238
  255
  273
  291
  291
  310
  331
  353
  375
  399
  423
  449
  475
  503
  532
  563
  595
  628
  663
  700
  738
  779
  821
  865
Maintenance CAPEX, $m
  0
  -60
  -66
  -72
  -78
  -84
  -91
  -98
  -106
  -113
  -121
  -130
  -138
  -147
  -157
  -166
  -176
  -187
  -198
  -209
  -221
  -234
  -247
  -260
  -275
  -289
  -305
  -321
  -338
  -356
  -375
New CAPEX, $m
  -43
  -87
  -88
  -92
  -96
  -100
  -104
  -108
  -112
  -116
  -121
  -126
  -131
  -136
  -142
  -147
  -154
  -160
  -167
  -174
  -182
  -190
  -199
  -208
  -217
  -227
  -238
  -249
  -260
  -273
  -286
Cash from investing activities, $m
  -38
  -147
  -154
  -164
  -174
  -184
  -195
  -206
  -218
  -229
  -242
  -256
  -269
  -283
  -299
  -313
  -330
  -347
  -365
  -383
  -403
  -424
  -446
  -468
  -492
  -516
  -543
  -570
  -598
  -629
  -661
Free cash flow, $m
  120
  4
  10
  13
  18
  22
  27
  32
  38
  43
  49
  35
  41
  48
  55
  62
  69
  76
  84
  92
  100
  109
  118
  127
  137
  147
  157
  168
  180
  192
  205
Issuance/(repayment) of debt, $m
  -160
  251
  263
  274
  285
  297
  309
  321
  333
  346
  360
  374
  389
  405
  422
  439
  458
  477
  498
  519
  542
  566
  592
  619
  647
  677
  708
  741
  776
  813
  851
Issuance/(repurchase) of shares, $m
  6
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  -171
  251
  263
  274
  285
  297
  309
  321
  333
  346
  360
  374
  389
  405
  422
  439
  458
  477
  498
  519
  542
  566
  592
  619
  647
  677
  708
  741
  776
  813
  851
Total cash flow (excl. dividends), $m
  -51
  254
  273
  288
  303
  319
  336
  353
  371
  390
  409
  410
  431
  453
  476
  501
  526
  553
  582
  611
  642
  675
  709
  745
  783
  823
  865
  909
  956
  1,005
  1,056
Retained Cash Flow (-), $m
  -161
  -32
  -32
  -33
  -34
  -36
  -37
  -38
  -40
  -42
  -43
  -45
  -47
  -49
  -51
  -53
  -55
  -57
  -60
  -62
  -65
  -68
  -71
  -74
  -77
  -81
  -85
  -89
  -93
  -97
  -102
Prev. year cash balance distribution, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  223
  241
  255
  269
  284
  299
  315
  331
  348
  366
  365
  384
  405
  426
  448
  472
  496
  522
  549
  577
  607
  638
  671
  706
  742
  780
  821
  863
  907
  954
Discount rate, %
 
  12.50
  13.13
  13.78
  14.47
  15.19
  15.95
  16.75
  17.59
  18.47
  19.39
  20.36
  21.38
  22.45
  23.57
  24.75
  25.99
  27.29
  28.65
  30.08
  31.59
  33.17
  34.82
  36.57
  38.39
  40.31
  42.33
  44.45
  46.67
  49.00
  51.45
PV of cash for distribution, $m
 
  198
  188
  173
  157
  140
  123
  106
  91
  76
  62
  47
  38
  29
  22
  16
  12
  8
  6
  4
  2
  1
  1
  1
  0
  0
  0
  0
  0
  0
  0
Current shareholders' claim on cash, %
  100
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Builders FirstSource, Inc. manufactures and supplies building materials, manufactured components, and construction services to professional contractors, sub-contractors, and consumers in the United States. Its products include lumber and lumber sheet goods comprising dimensional lumber, plywood, and OSB products that are used in on-site house framing; and windows and doors, and interior and exterior door units, as well as interior trims, exterior trims, columns, and posts under the Synboard brand. The company’s manufactured products consist of wood floor and roof trusses, steel roof trusses, wall panels, stairs, and engineered wood; gypsum, roofing and insulation products, including wallboards, metal studs and trims, ceilings, joint treatment and finishes, and stucco and exteriors; vinyl, composite, and wood sidings, other exteriors, and cement. In addition, it offers other building products and services, such as cabinets and hardware, as well as turn-key framing, shell construction, design assistance, and professional installation services. Further, the company supplies professional grade building products, such as lumber and lumber sheet goods, and various windows, doors, and millwork lines. The company was formerly known as BSL Holdings, Inc. and changed its name to Builders FirstSource, Inc. in October 1999. Builders FirstSource, Inc. was founded in 1998 and is based in Dallas, Texas.

FINANCIAL RATIOS  of  Builders FirstSource (BLDR)

Valuation Ratios
P/E Ratio 12.3
Price to Sales 0.3
Price to Book 5.7
Price to Tangible Book
Price to Cash Flow 11.2
Price to Free Cash Flow 15.3
Growth Rates
Sales Growth Rate 78.6%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -2.3%
Cap. Spend. - 3 Yr. Gr. Rate 23.4%
Financial Strength
Quick Ratio 0
Current Ratio 0
LT Debt to Equity 576.1%
Total Debt to Equity 592.9%
Interest Coverage 1
Management Effectiveness
Return On Assets 49.5%
Ret/ On Assets - 3 Yr. Avg. 20.1%
Return On Total Capital 6.7%
Ret/ On T. Cap. - 3 Yr. Avg. 3.2%
Return On Equity 62.7%
Return On Equity - 3 Yr. Avg. 34.6%
Asset Turnover 2.2
Profitability Ratios
Gross Margin 25.1%
Gross Margin - 3 Yr. Avg. 24.2%
EBITDA Margin 5.2%
EBITDA Margin - 3 Yr. Avg. 3.8%
Operating Margin 3.7%
Oper. Margin - 3 Yr. Avg. 3.1%
Pre-Tax Margin 0.3%
Pre-Tax Margin - 3 Yr. Avg. 0.3%
Net Profit Margin 2.3%
Net Profit Margin - 3 Yr. Avg. 0.9%
Effective Tax Rate -554.5%
Eff/ Tax Rate - 3 Yr. Avg. -192.4%
Payout Ratio 0%

BLDR stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the BLDR stock intrinsic value calculation we used $6367 million for the last fiscal year's total revenue generated by Builders FirstSource. The default revenue input number comes from 2016 income statement of Builders FirstSource. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our BLDR stock valuation model: a) initial revenue growth rate of 9.7% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 12.5%, whose default value for BLDR is calculated based on our internal credit rating of Builders FirstSource, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Builders FirstSource.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of BLDR stock the variable cost ratio is equal to 94.8%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $98 million in the base year in the intrinsic value calculation for BLDR stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 10.3% for Builders FirstSource.

Corporate tax rate of 27% is the nominal tax rate for Builders FirstSource. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the BLDR stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for BLDR are equal to 13.7%.

Life of production assets of 14.6 years is the average useful life of capital assets used in Builders FirstSource operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for BLDR is equal to 7.8%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $310 million for Builders FirstSource - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 112.792 million for Builders FirstSource is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Builders FirstSource at the current share price and the inputted number of shares is $1.8 billion.

RELATED COMPANIES Price Int.Val. Rating
DOOR Masonite Inter 60.90 4.36  str.sell
PGEM Ply Gem Holdin 14.90 3.49  str.sell
BMCH BMC Stock Hold 19.95 4.40  str.sell
LOW Lowe's 74.12 68.54  hold
HD Home Depot 149.67 107.85  sell
NX Quanex Buildin 18.95 6.12  str.sell
HBP Huttig Buildin 5.36 26.26  str.buy
BCC Boise Cascade 29.25 17.13  sell
UFPI Universal Fore 78.84 96.49  hold

COMPANY NEWS

▶ Builders FirstSource beats Street 2Q forecasts   [02:34AM  Associated Press]
▶ Builders FirstSource Reports Second Quarter 2017 Results   [Aug-03-17 04:15PM  GlobeNewswire]
▶ Story Stocks from Briefing.com   [09:58AM  Briefing.com]
▶ Story Stocks from Briefing.com   [11:32AM  Briefing.com]
▶ Builders FirstSource beats Street 1Q forecasts   [May-08-17 05:06PM  Associated Press]
▶ Top Ranked Value Stocks to Buy for March 27th   [Mar-27-17 11:53AM  Zacks]
▶ Stick to Small, Fast Trades Until the Fed's out of the Way   [Mar-15-17 10:38AM  TheStreet.com]
▶ 5 Top Small-Cap Stock Picks You Can Buy in March   [Mar-04-17 07:01PM  Motley Fool]
▶ Is Cabot Microelectronics Corporation (CCMP) A Good Stock To Buy?   [Dec-08-16 10:40AM  at Insider Monkey]
▶ Hedge Funds Are Betting On Builders FirstSource, Inc. (BLDR)   [Dec-07-16 05:11AM  at Insider Monkey]
▶ Is The Party Over for These Growth Stocks?   [Oct-21-16 12:50PM  at Insider Monkey]
▶ [$$] Building Suppliers Build on Gains   [Sep-03-16 12:01AM  at Barrons.com]
Stock chart of BLDR Financial statements of BLDR
Valuation of Stocks

The paper VALUATION OF STOCKS: The Quest for Intrinsic Value provides a detailed description of our valuation model and discloses the calculation algorithm.

FREE DOWNLOAD
Follow us on:   twitter   twitter   twitter   twitter

VALUATION THEORY       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2017. All rigths reserved.