Compoundeer Logo
COMPOUNDEER
Uncovering Potential
RankingCompaniesDCF
GMS Logo

Gms Inc.

GMS

Wholesale-Lumber & Other Construction Materials

Mkt Cap

$3.849B

PE

13.04

Debt

$1.089B

Cash

$88.34M

EV

$4.849B

FCF

$374.7M

Market Cap

$3.849B

P/E Ratio

13.04

Debt

$1.089B

Cash

$88.34M

EV

$4.849B

FCF

$374.7M
Charts data: {"Earnings":[{"time":"2015-04-29","value":-11697000},{"time":"2016-04-29","value":12564000},{"time":"2017-04-29","value":48886000},{"time":"2018-04-29","value":62971000},{"time":"2019-04-29","value":54620000},{"time":"2020-04-29","value":23307000},{"time":"2021-04-29","value":105560000},{"time":"2022-04-29","value":273442000},{"time":"2023-04-29","value":332991000}],"Sales":[{"time":"2015-04-29","value":1570085000},{"time":"2016-04-29","value":1858182000},{"time":"2017-04-29","value":2319146000},{"time":"2018-04-29","value":2511469000},{"time":"2019-04-29","value":3116032000},{"time":"2020-04-29","value":3241307000},{"time":"2021-04-29","value":3298823000},{"time":"2022-04-29","value":4634875000},{"time":"2023-04-29","value":5329252000}],"Net Margins":[{"time":"2015-04-29","value":-0.007449915131983301},{"time":"2016-04-29","value":0.006761447479310422},{"time":"2017-04-29","value":0.021079311091237896},{"time":"2018-04-29","value":0.025073373392225824},{"time":"2019-04-29","value":0.01752870317121262},{"time":"2020-04-29","value":0.007190617858783509},{"time":"2021-04-29","value":0.03199929186864527},{"time":"2022-04-29","value":0.05899662881954745},{"time":"2023-04-29","value":0.06248362809640077}],"Assets":[{"time":"2015-04-29","value":1160976000},{"time":"2016-04-29","value":1240814000},{"time":"2017-04-29","value":1393265000},{"time":"2018-04-29","value":1454511000},{"time":"2019-04-29","value":2149554000},{"time":"2020-04-29","value":2288782000},{"time":"2021-04-29","value":2483898000},{"time":"2022-04-29","value":3104399000},{"time":"2023-04-29","value":3267008000}],"Stockholders Equity":[{"time":"2015-04-29","value":299572000},{"time":"2016-04-29","value":311160000},{"time":"2017-04-29","value":514606000},{"time":"2018-04-29","value":579451000},{"time":"2019-04-29","value":629176000},{"time":"2020-04-29","value":633981000},{"time":"2021-04-29","value":822462000},{"time":"2022-04-29","value":1064498000},{"time":"2023-04-29","value":1274757000}],"ROE":[{"time":"2015-04-29","value":-0.03904570520609403},{"time":"2016-04-29","value":0.04037794060933282},{"time":"2017-04-29","value":0.09499694912224109},{"time":"2018-04-29","value":0.10867355479583261},{"time":"2019-04-29","value":0.08681195722659478},{"time":"2020-04-29","value":0.036762931381224356},{"time":"2021-04-29","value":0.12834635521154777},{"time":"2022-04-29","value":0.25687413222006994},{"time":"2023-04-29","value":0.2612191970705005}],"ROA":[{"time":"2015-04-29","value":0.016064931574812917},{"time":"2016-04-29","value":0.047480121919965444},{"time":"2017-04-29","value":0.07482639698836904},{"time":"2018-04-29","value":0.08193062823175624},{"time":"2019-04-29","value":0.06847932175697842},{"time":"2020-04-29","value":0.04348426368260498},{"time":"2021-04-29","value":0.07687473479184732},{"time":"2022-04-29","value":0.1349433497433803},{"time":"2023-04-29","value":0.15464027024115032}]}

GMS Inc. distributes wallboard, ceilings, steel framing and complementary construction products in the United States and Canada. The company offers ceilings products, including suspended mineral fibers, soft fibers, and metal ceiling systems primarily used in offices, hotels, hospitals, retail facilities, schools, and various other commercial and institutional buildings. It also provides steel framing products, such as steel tracks, studs, and various other steel products used to frame the interior walls of a commercial or institutional building; and insulation, lumber and other wood products, ready-mix joint compound, and various other interior construction products, as well as ancillary products comprising tools, fasteners, and safety products. In addition, the company distributes acoustical ceilings, steel framing, insulation, and related building products, as well as commercial and residential building materials. It serves professional contractors and homebuilders. As of April 30, 2022, the company operated 300 branches across 44 states and the District of Columbia, as well as 6 provinces in Canada. It also operates a network of approximately 300 distribution centers. GMS Inc. was founded in 1971 and is headquartered in Tucker, Georgia.

Sector

  • ASPN Logo

    ASPN

  • BCC Logo

    BCC

  • BECN Logo

    BECN

Growth

%

%

Discount

%

%

Multiple

g\r+10%+11%+12%+13%+14%
0%109887
+1%1110988
+2%13111098
+3%141311109
+4%1714121110
Years012345678910TV
FCF$374.7M$482.8M$609.3M$752.8M$910.2M$1.076B$1.244B$1.405B$1.55B$1.669B$1.752B$17.52B
DCF$419.8M$460.7M$495M$520.4M$535.1M$537.9M$528.3M$506.7M$474.3M$433.1M$4.331B
Value$9.242B

In the chart Earnings are multiplied by this value.

Earnings Growth 41%
Earnings Stability 59%


Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years04-201504-201604-201704-201804-201904-202004-202104-202204-2023TTM
Net Margin-0.74%0.68%2.1%2.5%1.8%0.72%3.2%5.9%6.2%5.5%
ROA1.6%4.7%7.5%8.2%6.8%4.3%7.7%13%15%14%
ROE-3.9%4%9.5%11%8.7%3.7%13%26%26%21%

What is the average Net Margin?

The average Net Margin over the past 5 years is +3.39%.

What is the trend of Net Margin?

The trend of Net Margin over the past 5 years is +0.96%.

What is the average Return on Assets (ROA)?

The average ROA over the past 5 years is +9.34%.

What is the trend of Return on Assets (ROA)?

The trend of ROA over the past 5 years is +1.7%.

What is the average Return on Equity (ROE)?

The average ROE over the past 5 years is +14.64%.

What is the trend of Return on Equity (ROE)?

The trend of ROE over the past 5 years is +3.9%.


Safety & Stabiliy

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years04-201504-201604-201704-201804-201904-202004-202104-202204-2023TTM
Debt FCF-16.9811.059.596.864.178.398.962.982.91
Debt Equity-2.191.191.071.911.831.261.170.910.77
MIN
Graham Stability---100%100%42%100%100%100%42%

What is the Debt/FCF?

The Debt/FCF trailing twelve month is 2.91.

What is the trend of Debt/FCF?

The trend of Debt/FCF over the past 5 years is -0.64.

What is the Graham’s Stability?

Graham’s Stability measure stands at 0.42.


Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years04-201604-201804-202004-2022Trend
Revenue16%16%18%15%0.18%
Net Income60%40%140%22%-6.3%
Stockholders Equity22%17%26%20%-0.3%
FCF38%43%12%180%8.1%

What is the 5 year Revenue CAGR?

The Revenue CAGR over the past 5 years is +16.24%.

What is the trend of Revenue growth?

The trend of Revenue growth rate over the past 5 years is +0.18%.

What is the 5 year Earnings CAGR?

The Earnings CAGR over the past 5 years is +39.53%.

What is the trend of Earnings growth?

The trend of Earnings growth rate over the past 5 years is -6.26%.

What is the 5 year Equity CAGR?

The Equity CAGR over the past 5 years is +17.08%.

What is the trend of Equity growth?

The trend of Equity growth rate over the past 5 years is -0.3%.

What is the 5 year FCF CAGR?

The FCF CAGR over the past 5 years is +43.08%.

What is the trend of FCF growth?

The trend of FCF growth rate over the past 5 years is +8.13%.