Please note that Summit Materials' price fluctuation is very steady at this time. Calculation of the real value of Summit Materials is based on 3 months time horizon. Increasing Summit Materials' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Summit stock is determined by what a typical buyer is willing to pay for full or partial control of Summit Materials Cl. Since Summit Materials is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Summit Stock. However, Summit Materials' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical
Market 50.78
Real 39.1
Hype 50.89
Naive 48.55
The intrinsic value of Summit Materials' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Summit Materials' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Summit Materials Cl helps investors to forecast how Summit stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Summit Materials more accurately as focusing exclusively on Summit Materials' fundamentals will not take into account other important factors:
Summit Materials Cl is presently projected to have takeover price of 11.21 B with market capitalization of 593.6 B, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Summit Materials fundamentals before making investing decisions based on enterprise value of the company
About 32.0% of the company shares are owned by insiders or employees . The company had not issued any dividends in recent years. Summit Materials had 1.017:1 split on the 14th of December 2022. Based on the key indicators related to Summit Materials' liquidity, profitability, solvency, and operating efficiency, Summit Materials Cl is performing exceptionally good at this time. It has a great probability to report excellent financial results in December.
One of the ways to look at asset utilization of Summit is to check how much profit was generated for every dollar of assets it reports. Summit Materials exercises its assets roughly 0.0464 %, realizing 0.0464 cents for each dollar of assets held by the company. A flourishing asset utilization indicates the company is being more effective with each dollar of assets it has. In other words, asset utilization of Summit Materials shows how effective it operates for each dollar spent on its assets.
Covid
Summit Materials Ownership Allocation
Summit Materials shows a total of 112.07 Million outstanding shares. The majority of Summit Materials outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Summit Materials to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Summit Materials. Please pay attention to any change in the institutional holdings of Summit Materials Cl as this could imply that something significant has changed or is about to change at the company. Also note that roughly three million three hundred twenty-eight thousand four hundred twenty invesors are currently shorting Summit Materials expressing very little confidence in its future performance.
Summit Materials Profitability Analysis
The company reported the revenue of 3.75 B. Net Income was 285.86 M with profit before overhead, payroll, taxes, and interest of 649.35 M.
About Summit Materials Valuation
The stock valuation mechanism determines Summit Materials' current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Summit Materials based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Summit Materials. We calculate exposure to Summit Materials's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Summit Materials's related companies.
When running Summit Materials' price analysis, check to measure Summit Materials' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Summit Materials is operating at the current time. Most of Summit Materials' value examination focuses on studying past and present price action to predict the probability of Summit Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit Materials' price. Additionally, you may evaluate how the addition of Summit Materials to your portfolios can decrease your overall portfolio volatility.