Summit Materials Inc
NYSE:SUM

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Summit Materials Inc
NYSE:SUM
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Price: 50.64 USD 0.1%
Market Cap: 8.9B USD
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Summit Materials Inc
Cash Equivalents

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Summit Materials Inc
Cash Equivalents Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash Equivalents CAGR 3Y CAGR 5Y CAGR 10Y
Summit Materials Inc
NYSE:SUM
Cash Equivalents
$737.5m
CAGR 3-Years
42%
CAGR 5-Years
32%
CAGR 10-Years
N/A
Eagle Materials Inc
NYSE:EXP
Cash Equivalents
$93.9m
CAGR 3-Years
28%
CAGR 5-Years
12%
CAGR 10-Years
24%
Martin Marietta Materials Inc
NYSE:MLM
Cash Equivalents
$52m
CAGR 3-Years
-72%
CAGR 5-Years
1%
CAGR 10-Years
-3%
Vulcan Materials Co
NYSE:VMC
Cash Equivalents
$433.2m
CAGR 3-Years
47%
CAGR 5-Years
37%
CAGR 10-Years
17%
United States Lime & Minerals Inc
NASDAQ:USLM
Cash Equivalents
$255m
CAGR 3-Years
36%
CAGR 5-Years
26%
CAGR 10-Years
16%
K
Knife River Corp
NYSE:KNF
Cash Equivalents
$262.3m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Summit Materials Inc
Glance View

Market Cap
8.9B USD
Industry
Construction
Economic Moat
None

In the heart of the construction materials industry, Summit Materials Inc. has carved out a formidable presence since its inception in 2009. Born during a period of financial crisis, the company was founded by Tom Hill, a seasoned veteran of the sector, with a vision to consolidate regional leaders into a dominant national player. Summit Materials operates primarily through three segments: aggregates, cement, and downstream products, such as asphalt and ready-mix concrete. This strategic trifurcation allows the company to maintain a diversified revenue stream, mitigating risks associated with cyclical downturns in any single product line. By acquiring and integrating smaller, often family-owned businesses across the United States and Canada, Summit enhances its market share and operational efficiencies, allowing it to compete and thrive against larger competitors. The magic of Summit’s financial performance hinges on its ability to source and supply essential materials needed for infrastructure development, commercial, and residential construction. The company's core strategy revolves around the vertical integration of its supply chain, ensuring cost control and quality management throughout the production process. Summit Materials extracts aggregates from its vast network of quarries, making it the crucial foundational element for asphalt, concrete, and road base logistics. Furthermore, it produces cement, crucially tied to economic development and infrastructure with a high barrier of entry due to its capital-intensive nature. Meanwhile, its downstream operations focus on taking these materials to market, crafting them into asphalt and ready-mix concrete used by contractors and developers in myriad construction projects. Through this comprehensive business model, Summit Materials not only positions itself as a critical player in the building blocks of the modern landscape but also captures value at every step of the construction supply chain.

SUM Intrinsic Value
43.38 USD
Overvaluation 14%
Intrinsic Value
Price

See Also

What is Summit Materials Inc's Cash Equivalents?
Cash Equivalents
737.5m USD

Based on the financial report for Sep 28, 2024, Summit Materials Inc's Cash Equivalents amounts to 737.5m USD.

What is Summit Materials Inc's Cash Equivalents growth rate?
Cash Equivalents CAGR 5Y
32%

Over the last year, the Cash Equivalents growth was 273%. The average annual Cash Equivalents growth rates for Summit Materials Inc have been 42% over the past three years , 32% over the past five years .

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