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SUM

SUM - Summit Materials Inc Stock Price, Fair Value and News

44.69USD+0.66 (+1.50%)Delayed as of 28 Mar 2024, 11:58 am ET

Market Summary

SUM
USD44.69+0.66
Delayedas of 28 Mar 2024, 11:58 am
1.50%

SUM Alerts

  • Big fall in earnings (Y/Y)

SUM Stock Price

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SUM RSI Chart

SUM Valuation

Market Cap

5.3B

Price/Earnings (Trailing)

18.14

Price/Sales (Trailing)

2.01

EV/EBITDA

9.61

Price/Free Cashflow

28.7

SUM Price/Sales (Trailing)

SUM Profitability

Operating Margin

42.93%

EBT Margin

15.06%

Return on Equity

12.57%

Return on Assets

5.63%

Free Cashflow Yield

3.48%

SUM Fundamentals

SUM Revenue

Revenue (TTM)

2.6B

Rev. Growth (Yr)

19.53%

Rev. Growth (Qtr)

-16.94%

SUM Earnings

Earnings (TTM)

290.0M

Earnings Growth (Yr)

-80.32%

Earnings Growth (Qtr)

-97.22%

Breaking Down SUM Revenue

52 Week Range

25.4344.77
(Low)(High)

Last 7 days

6.3%

Last 30 days

4.4%

Last 90 days

11.3%

Trailing 12 Months

44.9%

How does SUM drawdown profile look like?

SUM Financial Health

Current Ratio

5.36

Debt/Equity

0.55

Debt/Cashflow

0.34

SUM Investor Care

Shares Dilution (1Y)

0.89%

Diluted EPS (TTM)

2.38

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20232.4B2.5B2.5B2.6B
20222.4B2.4B2.5B2.4B
20212.4B2.4B2.4B2.4B
20202.2B2.2B2.2B2.3B
20192.0B2.0B2.1B2.2B
20181.9B2.0B2.0B1.9B
20171.7B1.8B1.9B1.9B
20161.5B1.5B1.6B1.6B
20151.2B1.3B1.4B1.4B
2014945.4M1.0B1.1B1.2B
2013923.7M921.2M918.7M916.2M
2012000926.3M

Tracking the Latest Insider Buys and Sells of Summit Materials Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 07, 2024
anderson karli s.
sold (taxes)
-211,865
42.39
-4,998
see remarks
Mar 07, 2024
noonan anne p
sold (taxes)
-1,515,150
42.39
-35,743
president & ceo
Mar 07, 2024
kilgore jason
sold (taxes)
-166,932
42.39
-3,938
see remarks
Mar 07, 2024
noonan anne p
acquired
-
-
81,696
president & ceo
Mar 07, 2024
anderson craig scott
acquired
-
-
11,667
evp & chief financial officer
Mar 07, 2024
anderson craig scott
sold (taxes)
-142,218
42.39
-3,355
evp & chief financial officer
Mar 07, 2024
gaskill christopher burke
sold (taxes)
-273,755
42.39
-6,458
see remarks
Mar 07, 2024
kilgore jason
acquired
-
-
13,434
see remarks
Mar 07, 2024
anderson karli s.
acquired
-
-
11,420
see remarks
Mar 07, 2024
gaskill christopher burke
acquired
-
-
14,759
see remarks

1–10 of 50

Which funds bought or sold SUM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 26, 2024
Fairman Group, LLC
new
-
769
769
-%
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
reduced
-37.92
-108,539
356,755
-%
Mar 21, 2024
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND
sold off
-100
-90,119
-
-%
Mar 18, 2024
CoreFirst Bank & Trust
unchanged
-
19,405
101,957
0.07%
Mar 13, 2024
MONECO Advisors, LLC
new
-
200,607
200,607
0.04%
Mar 11, 2024
VANGUARD GROUP INC
added
0.45
89,334,500
460,688,000
0.01%
Mar 04, 2024
RICHARDSON FINANCIAL SERVICES INC.
new
-
9,961
9,961
0.01%
Mar 04, 2024
CONGRESS ASSET MANAGEMENT CO /MA
reduced
-12.96
1,051,700
15,063,500
0.12%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
56.79
60,881,600
125,898,000
0.01%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.4
427,503
2,285,410
0.01%

1–10 of 47

Are Funds Buying or Selling SUM?

Are funds buying SUM calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SUM
No. of Funds

Unveiling Summit Materials Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
price t rowe associates inc /md/
7.4%
8,814,270
SC 13G/A
Feb 13, 2024
vanguard group inc
10.02%
11,978,367
SC 13G/A
Feb 09, 2024
massachusetts financial services co /ma/
5.6%
6,650,459
SC 13G
Feb 09, 2024
dimensional fund advisors lp
4.6%
5,458,887
SC 13G/A
Feb 09, 2024
capital international investors
0.4%
492,061
SC 13G/A
Jan 24, 2024
blackrock inc.
9.5%
11,365,151
SC 13G
Jan 22, 2024
argos sem, llc
31.4%
54,720,000
SC 13D
Apr 10, 2023
vanguard group inc
10.03%
11,872,134
SC 13G/A
Feb 14, 2023
price t rowe associates inc /md/
7.6%
9,028,677
SC 13G/A
Feb 13, 2023
capital international investors
6.3%
7,422,146
SC 13G/A

Recent SEC filings of Summit Materials Inc

View All Filings
Date Filed Form Type Document
Mar 13, 2024
8-K
Current Report
Mar 08, 2024
4
Insider Trading
Mar 08, 2024
4
Insider Trading
Mar 08, 2024
4
Insider Trading
Mar 08, 2024
4
Insider Trading
Mar 08, 2024
4
Insider Trading
Mar 08, 2024
4
Insider Trading
Mar 08, 2024
4
Insider Trading
Mar 08, 2024
4
Insider Trading
Mar 08, 2024
4
Insider Trading

What is the Fair Value of SUM?

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Cheap
or
Expensive?


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Summit Materials Inc News

Latest updates
Defense World • 26 Mar 2024 • 09:12 am
Yahoo Lifestyle UK • 23 Mar 2024 • 05:01 pm
Defense World • 22 Mar 2024 • 09:38 am
MarketBeat • 17 Mar 2024 • 11:26 pm
Simply Wall St • 19 Feb 2024 • 08:00 am
Yahoo Finance • 14 Feb 2024 • 08:00 am

Summit Materials Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-16.9%660795729435552753687421597717668428625710631367506732601333445
Cost Of Revenue--------------------267345
  S&GA Expenses---56.0046.0047.0040.0048.0052.0047.0047.0047.0052.0050.0051.0040.0042.00-34.7962.0061.0068.0079.00
EBITDA Margin2.5%0.19*0.19*0.13*0.19*0.19*0.19*0.18*0.11*0.12*0.12*0.11*0.11*---------
Interest Expenses10.0%31.0028.0028.0027.0024.0022.0021.0020.0020.0024.0024.0024.0026.0025.0026.0028.0028.0029.0029.0030.0030.00
Income Taxes171.7%65.0024.0023.00-6.5012.0025.0054.00-4.7411.0021.0018.00-5.4413.00-19.6117.00-22.90-17.1946.0017.00-28.0043.00
Earnings Before Taxes-73.4%68.00257107-37.6842.00112247-39.5455.0096.0076.00-28.6949.0073.0076.00-69.6319.0010455.00-99.5425.00
EBT Margin2.8%0.15*0.15*0.09*0.15*0.15*0.15*0.15*0.08*0.08*0.08*0.07*0.07*---------
Net Income-97.2%6.0023085.00-31.2133.0086.00193-34.8015475.0058.00-23.2414193.0059.00-46.7336.0058.0038.00-71.50-18.63
Net Income Margin-12.1%0.11*0.13*0.07*0.12*0.11*0.16*0.16*0.11*0.11*0.10*0.11*0.11*---------
Free Cashflow29.2%12294.0030.00-63.2574.0057.00-38.84-74.4911395.0033.00-91.07---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets18.0%5,1504,3654,3954,2154,2564,2854,2914,1434,2394,2174,4524,3514,3084,2924,1113,9924,0684,0423,9553,8613,858
  Current Assets97.5%1,7328779068911,0181,0931,0567788708351,028858893866822688796778628511592
    Cash Equivalents89.5%37419723037952047246528738125846936041828925319931118368.0065.00129
  Inventory-0.7%241243246235212203210187181195198211200210232231205197208214214
  Net PPE------------------1,7621,7891,8001,780
  Goodwill-1.3%1,2251,2411,2281,1601,1331,1321,1441,1461,1641,1751,1761,2011,2011,3031,1971,1961,2001,1981,1981,1951,192
Liabilities37.7%2,8332,0572,3222,2352,2442,3142,3502,3972,4162,4452,7572,7372,6922,7232,6492,5962,6232,6552,6322,5832,515
  Current Liabilities-7.4%323349347261256323333305309331342322323356337286299332305259261
    LT Debt, Current0%4.004.005.005.005.006.006.006.006.006.006.006.006.008.008.008.008.00----
Shareholder's Equity0.6%2,3072,2942,0741,9801,9991,9711,9411,7461,8231,7721,6951,6151,6161,5691,4621,3961,4451,3871,3231,2781,342
  Retained Earnings0.3%87787464456059162058739747943536130432729220114418915397.0061.00130
  Additional Paid-In Capital0.5%1,4221,4151,4091,4031,4041,3411,3361,3311,3261,3201,3131,2891,2651,2581,2441,2391,2341,2121,2051,2011,194
Accumulated Depreciation----------------1,001956923882838794
Shares Outstanding-100.0%-120119119120120118118122120118117116--------
Float---4,500---2,700---4,100---1,700---2,200--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations30.5%195,236149,58293,707335151,907115,93732,967-16,713154,556132,72295,969-21,318190,830156,338100,632-38,931173,341147,89546,624-30,676138,811
  Share Based Compensation0.3%5,2105,1925,2164,7083,2894,9024,7345,4224,8304,6854,8275,3635,73813,3224,8924,9054,9794,8194,6995,9065,545
Cashflow From Investing91.4%-4,732-54,881-242,322-118,329-93,111-25,624223,928-9,371-25,932-35,7504,934-34,500-32,629-155,470-40,620-56,868-33,033-28,931-38,434-62,411-67,703
Cashflow From Financing720.0%784,967-126,604-1,521-23,058-10,306-82,691-78,334-67,662-5,835-307,6308,300-2,762-29,34434,261-6,082-15,606-11,690-4,013-5,37229,225-7,228
  Buy Backs------53,471-47,509-------------

SUM Income Statement

2023-12-30
Consolidated Statements of Operations - Summit Materials Inc - USD ($)
$ in Thousands
12 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Jan. 01, 2022
Revenue:   
Revenue$ 2,619,468$ 2,412,522$ 2,409,669
Cost of revenue (excluding items shown separately below):   
Cost of revenue1,862,4081,763,1771,736,410
General and administrative expenses210,357186,860193,476
Depreciation, depletion, amortization and accretion217,550200,450229,366
Transaction and integration costs26,8133,3583,252
Gain on sale of property, plant and equipment(8,290)(10,370)(5,900)
Operating income310,630269,047253,065
Interest expense114,15586,96992,240
Loss on debt financings4931,7376,016
Tax receivable agreement (benefit) expense(162,182)1,566(6,779)
(Gain) loss on sale of businesses(14,966)(172,389)(20,011)
Other income, net(21,334)(10,324)(17,038)
Income from operations before taxes394,464361,488198,637
Income tax expense104,83885,54544,356
Net income289,626275,943154,281
Net income attributable to noncontrolling interest in Summit Holdings3,7703,7982,097
Net income attributable to Summit Inc/LLC$ 285,856$ 272,145$ 152,184
Common Class A   
Earnings per share of Class A common stock:   
Basic (USD per share)$ 2.40$ 2.27$ 1.27
Diluted (USD per share)$ 2.39$ 2.26$ 1.26
Weighted average shares of Class A common stock:   
Basic (in shares)118,952,933119,747,056119,415,448
Diluted (in shares)119,774,766120,628,459120,934,992
Common Class A and Restricted Stock   
Earnings per share of Class A common stock:   
Basic (USD per share)$ 2.40$ 2.27$ 1.27
Weighted average shares of Class A common stock:   
Basic (in shares)119,045,393119,894,444119,629,294
Excluding delivery and subcontract revenue   
Revenue:   
Revenue$ 2,442,736$ 2,222,084$ 2,232,696
Cost of revenue (excluding items shown separately below):   
Cost of revenue1,685,6761,572,7391,559,437
Product   
Revenue:   
Revenue2,137,6641,933,5301,923,285
Cost of revenue (excluding items shown separately below):   
Cost of revenue1,448,6541,344,9441,314,416
Service   
Revenue:   
Revenue305,072288,554309,411
Cost of revenue (excluding items shown separately below):   
Cost of revenue237,022227,795245,021
Delivery and subcontract revenue   
Revenue:   
Revenue176,732190,438176,973
Cost of revenue (excluding items shown separately below):   
Cost of revenue$ 176,732$ 190,438$ 176,973

SUM Balance Sheet

2023-12-30
Consolidated Balance Sheets - Summit Materials Inc - USD ($)
$ in Thousands
Dec. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 374,162$ 520,451
Restricted cash800,0000
Accounts receivable, net287,252256,669
Costs and estimated earnings in excess of billings10,2896,510
Inventories241,350212,491
Other current assets17,93720,787
Current assets held for sale1,1341,468
Total current assets1,732,1241,018,376
Property, plant and equipment, net1,976,8201,813,702
Goodwill1,224,8611,132,546
Intangible assets, net68,08171,384
Deferred tax assets52,009136,986
Operating lease right-of-use assets36,55337,889
Other assets59,13444,809
Total assets5,149,5824,255,692
Current liabilities:  
Current portion of debt3,8225,096
Current portion of acquisition-related liabilities7,00713,718
Accounts payable123,621104,031
Accrued expenses171,691119,967
Current operating lease liabilities8,5967,296
Billings in excess of costs and estimated earnings8,2285,739
Total current liabilities322,965255,847
Long-term debt2,283,6391,488,569
Acquisition-related liabilities28,02129,051
Tax receivable agreement liability41,276327,812
Noncurrent operating lease liabilities33,23035,737
Other noncurrent liabilities123,871106,686
Total liabilities2,833,0022,243,702
Commitments and contingencies (see note 16)
Stockholders' equity / Member's interest  
Additional paid-in capital1,421,8131,404,122
Accumulated earnings876,751590,895
Accumulated other comprehensive income7,2753,084
Stockholders’ equity2,307,0351,999,286
Noncontrolling interest in Summit Holdings9,54512,704
Total stockholders’ equity2,316,5802,011,990
Total liabilities and stockholders’ equity5,149,5824,255,692
Common Class A  
Stockholders' equity / Member's interest  
Common stock1,1961,185
Common Class B  
Stockholders' equity / Member's interest  
Common stock$ 0$ 0
SUM
Summit Materials, Inc. operates as a vertically integrated construction materials company. It operates in three segments: West, East, and Cement. The company offers aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components. It also provides asphalt paving and related services. In addition, the company operates municipal waste, construction, and demolition debris landfills; and liquid asphalt terminals. It serves the public infrastructure, and residential and nonresidential end markets in the United States; and in British Columbia, Canada. The company was founded in 2009 and is headquartered in Denver, Colorado.
 CEO
 WEBSITEsummit-materials.com
 EMPLOYEES4800

Summit Materials Inc Frequently Asked Questions


What is the ticker symbol for Summit Materials Inc? What does SUM stand for in stocks?

SUM is the stock ticker symbol of Summit Materials Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Summit Materials Inc (SUM)?

As of Wed Mar 27 2024, market cap of Summit Materials Inc is 5.26 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SUM stock?

You can check SUM's fair value in chart for subscribers.

What is the fair value of SUM stock?

You can check SUM's fair value in chart for subscribers. The fair value of Summit Materials Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Summit Materials Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SUM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Summit Materials Inc a good stock to buy?

The fair value guage provides a quick view whether SUM is over valued or under valued. Whether Summit Materials Inc is cheap or expensive depends on the assumptions which impact Summit Materials Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SUM.

What is Summit Materials Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Mar 27 2024, SUM's PE ratio (Price to Earnings) is 18.14 and Price to Sales (PS) ratio is 2.01. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SUM PE ratio will change depending on the future growth rate expectations of investors.