Joseph Cantie - Summit Materials Independent Director

SUM Stock  USD 40.61  0.01  0.02%   

Director

Mr. Joseph S. Cantie is Independent Director of Summit Materials, Inc. He is the former Executive Vice President and Chief Financial Officer of ZF TRW, a division of ZF Friedrichshafen AG, a global automotive supplier, a position he held from May 2015 until January 2016. Career Highlights Executive Vice President and Chief Financial Officer of TRW Automotive Holdings Corporationration, which was acquired by ZF Industries in May 2015 Various executive positions at TRW Automotive Holdings Corporationration Various executive positions, including Vice President and Controller of LucasVarity Plc Skills Experience Financial and operating experience Extensive knowledge of the industrial sector. Education BS, State University of New York at Buffalo Also... Mr. Cantie spent 10 years at KPMG and is a certified public accountant. since 2016.
Age 57
Tenure 8 years
Address 1801 California Street, Denver, CO, United States, 80202
Phone303 893 0012
Webhttps://summit-materials.com
Cantie is a certified public accountant and holds a BS degree from the State University of New York at Buffalo.

Summit Materials Management Efficiency

The company has Return on Asset of 0.0366 % which means that on every $100 spent on assets, it made $0.0366 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0818 %, implying that it generated $0.0818 on every 100 dollars invested. Summit Materials' management efficiency ratios could be used to measure how well Summit Materials manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Summit Materials' Return On Tangible Assets are very stable compared to the past year. As of the 12th of May 2024, Return On Assets is likely to grow to 0.06, while Return On Capital Employed is likely to drop 0.04. At this time, Summit Materials' Asset Turnover is very stable compared to the past year.
The company has 2.33 B in debt with debt to equity (D/E) ratio of 0.81, which is OK given its current industry classification. Summit Materials has a current ratio of 3.11, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Summit Materials until it has trouble settling it off, either with new capital or with free cash flow. So, Summit Materials' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Summit Materials sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Summit to invest in growth at high rates of return. When we think about Summit Materials' use of debt, we should always consider it together with cash and equity.

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Summit Materials, Inc., through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, and residential and nonresidential end markets. The company was founded in 2009 and is headquartered in Denver, Colorado. Summit Materials operates under Building Materials classification in the United States and is traded on New York Stock Exchange. It employs 5500 people. Summit Materials (SUM) is traded on New York Stock Exchange in USA. It is located in 1801 California Street, Denver, CO, United States, 80202 and employs 5,300 people. Summit Materials is listed under Construction Materials category by Fama And French industry classification.

Management Performance

Summit Materials Leadership Team

Elected by the shareholders, the Summit Materials' board of directors comprises two types of representatives: Summit Materials inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Summit. The board's role is to monitor Summit Materials' management team and ensure that shareholders' interests are well served. Summit Materials' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Summit Materials' outside directors are responsible for providing unbiased perspectives on the board's policies.
Howard Lance, Independent Chairman of the Board
Michael Brady, Executive Vice President, Chief Business Development Officer
Marshall Moore, Executive COO
Thomas Beck, Executive Vice President and Cement Division President
Anne Benedict, Executive Vice President Chief Legal Officer, Secretary
Tamla Forney, Independent Director
Susan Ellerbusch, Independent Director
Karli Anderson, Executive Vice President, Chief Environmental, Social and Governance Officer, Head - Investor Relations
Anne Wade, Independent Director
Tamla OatesForney, Independent Director
Thomas Hill, President, Chief Executive Officer, Director
Trent Musso, Senior Development
Jason Kilgore, Executive Segment
Anne Noonan, President, Chief Executive Officer, Director
Chris Gaskill, Executive Vice President Chief Legal Officer, Company Secretary
Christopher Gaskill, Executive Vice President Chief Legal Officer, Secretary
Deon MacMillan, Executive Vice President, Chief People Officer, Head of Corporate Communications
Brian Harris, Chief Financial Officer, Executive Vice President
Joseph Cantie, Independent Director
Julio DaSilva, Chief Officer
Steven Wunning, Independent Director
Anne Cooney, Independent Director
Charles DePriest, Executive Segment
John Murphy, Independent Director
Brian Frantz, Treasurer VP
Kekin Ghelani, Executive Officer
David Loomes, Executive VPCement
Scott Anderson, Executive CFO
Andy Larkin, Investor President

Summit Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Summit Materials a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Summit Materials is a strong investment it is important to analyze Summit Materials' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Summit Materials' future performance. For an informed investment choice regarding Summit Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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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.
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Is Summit Materials' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Summit Materials. If investors know Summit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit Materials listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.90)
Earnings Share
2.25
Revenue Per Share
22.773
Quarterly Revenue Growth
0.849
Return On Assets
0.0366
The market value of Summit Materials is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Materials' value that differs from its market value or its book value, called intrinsic value, which is Summit Materials' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit Materials' market value can be influenced by many factors that don't directly affect Summit Materials' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Summit Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Materials' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.