Summit Materials Stock Working Capital
| SUM Stock | USD 38.93 0.63 1.59% |
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 | ||
| Net Working Capital | 1.4 B | 733 M | |
| Change In Working Capital | -153.3 M | -145.6 M | |
| Working Capital | 0.00 | 0.00 |
Summit | Working Capital |
Summit Materials Company Working Capital Analysis
Summit Materials' Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Summit Materials Working Capital | 1.41 B |
Most of Summit Materials' fundamental indicators, such as Working Capital, 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.
Summit Working Capital 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 Working Capital. 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.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
| Competition |
Summit Capital Surpluse
Capital Surpluse |
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Based on the company's disclosures, Summit Materials has a Working Capital of 1.41 B. This is 96.8% higher than that of the Construction Materials sector and 236.1% higher than that of the Materials industry. The working capital for all United States stocks is 4.67% higher than that of the company.
Summit Working Capital 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 Working Capital 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 working capital category among related companies.
Summit Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0438 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 8.88 B | ||||
| Shares Outstanding | 175.45 M | ||||
| Shares Owned By Insiders | 31.95 % | ||||
| Shares Owned By Institutions | 69.61 % | ||||
| Number Of Shares Shorted | 4.16 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 | 19.30 X | ||||
| Cash Flow From Operations | 438.86 M | ||||
| Short Ratio | 3.63 X | ||||
| Earnings Per Share | 2.39 X | ||||
| Price To Earnings To Growth | 1.44 X | ||||
| Target Price | 49.47 | ||||
| Number Of Employees | 5.3 K | ||||
| Beta | 1.32 | ||||
| Market Capitalization | 6.91 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.
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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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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.
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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 2.39 | Revenue Per Share 22.004 | Quarterly Revenue Growth 0.195 | Return On Assets 0.0438 |
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.