Summit Materials Stock Revenue
| SUM Stock | USD 39.46 0.36 0.92% |
Summit Materials fundamentals help investors to digest information that contributes to Summit Materials' financial success or failures. It also enables traders to predict the movement of Summit Stock. The fundamental analysis module provides a way to measure Summit Materials' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Summit Materials stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 2.6 B | 1.9 B |
Summit | Revenue |
Summit Materials Company Revenue Analysis
Summit Materials' Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Summit Materials Revenue | 2.62 B |
Most of Summit Materials' fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Summit Materials is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of Summit
Projected quarterly revenue analysis of Summit Materials provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Summit Materials match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Summit Materials' stock price.
Summit Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Summit Materials is extremely important. It helps to project a fair market value of Summit Stock properly, considering its historical fundamentals such as Revenue. Since Summit Materials' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Summit Materials' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Summit Materials' interrelated accounts and indicators.
| 0.27 | 0.15 | -0.08 | -0.37 | 0.33 | ||
| 0.27 | 0.99 | -0.71 | -0.59 | 0.64 | ||
| 0.15 | 0.99 | -0.73 | -0.54 | 0.6 | ||
| -0.08 | -0.71 | -0.73 | 0.52 | -0.5 | ||
| -0.37 | -0.59 | -0.54 | 0.52 | -0.75 | ||
| 0.33 | 0.64 | 0.6 | -0.5 | -0.75 |
Click cells to compare fundamentals
Summit Revenue Historical Pattern
Today, most investors in Summit Materials Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Summit Materials' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Summit Materials revenue as a starting point in their analysis.
Summit Materials Revenue |
| Timeline |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
| Competition |
Summit Current Deferred Revenue
Current Deferred Revenue |
|
Based on the latest financial disclosure, Summit Materials reported 2.62 B of revenue. This is 66.67% lower than that of the Construction Materials sector and 14.93% lower than that of the Materials industry. The revenue for all United States stocks is 72.24% higher than that of the company.
Summit Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Summit Materials' direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Summit Materials could also be used in its relative valuation, which is a method of valuing Summit Materials by comparing valuation metrics of similar companies.Summit Materials is currently under evaluation in revenue category among related companies.
Summit Materials Institutional Holders
Institutional Holdings refers to the ownership stake in Summit Materials that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Summit Materials' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Summit Materials' value.| Shares | Clearbridge Advisors, Llc | 2023-12-31 | 3.2 M | Fmr Inc | 2023-12-31 | 2.8 M | State Street Corporation | 2023-12-31 | 2.7 M | Geode Capital Management, Llc | 2023-12-31 | 2.5 M | Nuveen Asset Management, Llc | 2023-12-31 | 2.2 M | River Road Asset Management, Llc | 2024-03-31 | 1.8 M | Ameriprise Financial Inc | 2023-12-31 | 1.8 M | Northern Trust Corp | 2023-12-31 | 1.5 M | Charles Schwab Investment Management Inc | 2023-12-31 | 1.4 M | Vanguard Group Inc | 2023-12-31 | 12 M | Blackrock Inc | 2023-12-31 | 11.4 M |
Summit Fundamentals
| Return On Equity | 0.0818 | ||||
| Return On Asset | 0.0366 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 9.3 B | ||||
| Shares Outstanding | 175.46 M | ||||
| Shares Owned By Insiders | 31.95 % | ||||
| Shares Owned By Institutions | 69.48 % | ||||
| Number Of Shares Shorted | 4.59 M | ||||
| Price To Earning | 25.03 X | ||||
| Price To Book | 3.12 X | ||||
| Price To Sales | 2.75 X | ||||
| Revenue | 2.62 B | ||||
| Gross Profit | 649.35 M | ||||
| EBITDA | 546.7 M | ||||
| Net Income | 285.86 M | ||||
| Cash And Equivalents | 520.45 M | ||||
| Cash Per Share | 3.93 X | ||||
| Total Debt | 2.33 B | ||||
| Debt To Equity | 0.81 % | ||||
| Current Ratio | 3.17 X | ||||
| Book Value Per Share | 24.04 X | ||||
| Cash Flow From Operations | 438.86 M | ||||
| Short Ratio | 5.50 X | ||||
| Earnings Per Share | 2.25 X | ||||
| Price To Earnings To Growth | 1.44 X | ||||
| Target Price | 50.13 | ||||
| Number Of Employees | 5.3 K | ||||
| Beta | 1.32 | ||||
| Market Capitalization | 6.92 B | ||||
| Total Asset | 5.15 B | ||||
| Retained Earnings | 876.75 M | ||||
| Working Capital | 1.41 B | ||||
| Current Asset | 472.53 M | ||||
| Current Liabilities | 214.5 M | ||||
| Net Asset | 5.15 B |
About Summit Materials Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Summit Materials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Summit Materials using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Summit Materials based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 Summit Materials Piotroski F Score and Summit Materials Altman Z Score analysis. To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Summit Stock analysis
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.
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |
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.