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
Other Current Assets

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
Other Current Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Current Assets CAGR 3Y CAGR 5Y CAGR 10Y
Summit Materials Inc
NYSE:SUM
Other Current Assets
$26.5m
CAGR 3-Years
24%
CAGR 5-Years
17%
CAGR 10-Years
5%
Eagle Materials Inc
NYSE:EXP
Other Current Assets
$12.1m
CAGR 3-Years
12%
CAGR 5-Years
6%
CAGR 10-Years
7%
Martin Marietta Materials Inc
NYSE:MLM
Other Current Assets
$262m
CAGR 3-Years
38%
CAGR 5-Years
18%
CAGR 10-Years
6%
Vulcan Materials Co
NYSE:VMC
Other Current Assets
$114.6m
CAGR 3-Years
-5%
CAGR 5-Years
7%
CAGR 10-Years
4%
United States Lime & Minerals Inc
NASDAQ:USLM
Other Current Assets
$2.7m
CAGR 3-Years
25%
CAGR 5-Years
10%
CAGR 10-Years
7%
K
Knife River Corp
NYSE:KNF
Other Current Assets
$37.5m
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 Other Current Assets?
Other Current Assets
26.5m USD

Based on the financial report for Sep 28, 2024, Summit Materials Inc's Other Current Assets amounts to 26.5m USD.

What is Summit Materials Inc's Other Current Assets growth rate?
Other Current Assets CAGR 10Y
5%

Over the last year, the Other Current Assets growth was 34%. The average annual Other Current Assets growth rates for Summit Materials Inc have been 24% over the past three years , 17% over the past five years , and 5% over the past ten years .

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