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U.S. Concrete

DB:0U1N
Snowflake Description

Good value with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0U1N
DB
$259M
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

U.S. Concrete, Inc., through its subsidiaries, produces and sells ready-mixed concrete, aggregates, and concrete-related products and services to the construction industry in the United States, the U.S. The last earnings update was 42 days ago. More info.


Add to Portfolio Compare Print
  • U.S. Concrete has significant price volatility in the past 3 months.
0U1N Share Price and Events
7 Day Returns
18%
DB:0U1N
6.6%
Europe Basic Materials
2.1%
DE Market
1 Year Returns
-59.5%
DB:0U1N
-26.7%
Europe Basic Materials
-16.6%
DE Market
0U1N Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
U.S. Concrete (0U1N) 18% -26.6% -58% -59.5% -73.7% -50.2%
Europe Basic Materials 6.6% -18.2% -32.2% -26.7% -36.7% -34%
DE Market 2.1% -12.6% -22.9% -16.6% -21.9% -27.8%
1 Year Return vs Industry and Market
  • 0U1N underperformed the Basic Materials industry which returned -26.7% over the past year.
  • 0U1N underperformed the Market in Germany which returned -16.6% over the past year.
Price Volatility
0U1N
Industry
5yr Volatility vs Market

Value

 Is U.S. Concrete undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of U.S. Concrete to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for U.S. Concrete.

DB:0U1N Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 8 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:0U1N
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Basic Materials Unlevered Beta Simply Wall St/ S&P Global 0.82
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.817 (1 + (1- 21%) (293.69%))
2.148
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 5.44%)
10.49%

Discounted Cash Flow Calculation for DB:0U1N using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for U.S. Concrete is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:0U1N DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.49%)
2020 77.03 Analyst x3 69.72
2021 89.78 Analyst x4 73.54
2022 88.20 Analyst x1 65.39
2023 87.36 Est @ -0.95% 58.62
2024 86.67 Est @ -0.78% 52.63
2025 86.10 Est @ -0.67% 47.32
2026 85.59 Est @ -0.58% 42.58
2027 85.14 Est @ -0.53% 38.33
2028 84.73 Est @ -0.48% 34.53
2029 84.34 Est @ -0.46% 31.10
Present value of next 10 years cash flows $513.00
DB:0U1N DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $84.34 × (1 + -0.39%) ÷ (10.49% – -0.39%)
$772.20
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $772.20 ÷ (1 + 10.49%)10
$284.77
DB:0U1N Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $513.00 + $284.77
$797.77
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $797.77 / 16.67
$47.85
DB:0U1N Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:0U1N represents 1.01159x of NasdaqGS:USCR
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.01159x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 47.85 x 1.01159
€48.41
Value per share (EUR) From above. €48.41
Current discount Discount to share price of €15.70
= -1 x (€15.70 - €48.41) / €48.41
67.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price U.S. Concrete is available for.
Intrinsic value
>50%
Share price is €15.7 vs Future cash flow value of €48.41
Current Discount Checks
For U.S. Concrete to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • U.S. Concrete's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • U.S. Concrete's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for U.S. Concrete's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are U.S. Concrete's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:0U1N PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $0.91
NasdaqGS:USCR Share Price ** NasdaqGS (2020-04-07) in USD $15.52
Europe Basic Materials Industry PE Ratio Median Figure of 33 Publicly-Listed Basic Materials Companies 9.52x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 16.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of U.S. Concrete.

DB:0U1N PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:USCR Share Price ÷ EPS (both in USD)

= 15.52 ÷ 0.91

17.08x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • U.S. Concrete is overvalued based on earnings compared to the Europe Basic Materials industry average.
  • U.S. Concrete is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does U.S. Concrete's expected growth come at a high price?
Raw Data
DB:0U1N PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.08x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
34.1%per year
Europe Basic Materials Industry PEG Ratio Median Figure of 17 Publicly-Listed Basic Materials Companies 1.67x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

DB:0U1N PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 17.08x ÷ 34.1%

0.5x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • U.S. Concrete is good value based on expected growth next year.
Price based on value of assets
What value do investors place on U.S. Concrete's assets?
Raw Data
DB:0U1N PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $20.83
NasdaqGS:USCR Share Price * NasdaqGS (2020-04-07) in USD $15.52
Europe Basic Materials Industry PB Ratio Median Figure of 39 Publicly-Listed Basic Materials Companies 0.85x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.45x
DB:0U1N PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:USCR Share Price ÷ Book Value per Share (both in USD)

= 15.52 ÷ 20.83

0.75x

* Primary Listing of U.S. Concrete.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • U.S. Concrete is good value based on assets compared to the Europe Basic Materials industry average.
X
Value checks
We assess U.S. Concrete's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Basic Materials industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Basic Materials industry average (and greater than 0)? (1 check)
  5. U.S. Concrete has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is U.S. Concrete expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
34.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is U.S. Concrete expected to grow at an attractive rate?
  • U.S. Concrete's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • U.S. Concrete's earnings growth is expected to exceed the Germany market average.
  • U.S. Concrete's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:0U1N Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:0U1N Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts 34.1%
DB:0U1N Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts 1.1%
Europe Basic Materials Industry Earnings Growth Rate Market Cap Weighted Average 4.7%
Europe Basic Materials Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:0U1N Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:0U1N Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 1,454 200 44 1
2021-12-31 1,528 152 35 8
2020-12-31 1,466 141 22 8
2020-04-07
DB:0U1N Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 1,479 139 15
2019-09-30 1,480 125 13
2019-06-30 1,475 116 16
2019-03-31 1,512 119 31
2018-12-31 1,506 123 30
2018-09-30 1,478 101 25
2018-06-30 1,428 90 34
2018-03-31 1,365 91 15
2017-12-31 1,336 95 26
2017-09-30 1,313 108 14
2017-06-30 1,287 134 28
2017-03-31 1,222 125 26

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • U.S. Concrete's earnings are expected to grow significantly at over 20% yearly.
  • U.S. Concrete's revenue is expected to grow by 1.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:0U1N Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below

All data from U.S. Concrete Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0U1N Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 2.66 2.66 2.66 1.00
2021-12-31 1.97 2.93 0.54 6.00
2020-12-31 1.30 2.25 -0.44 6.00
2020-04-07
DB:0U1N Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 0.91
2019-09-30 0.79
2019-06-30 0.95
2019-03-31 1.89
2018-12-31 1.82
2018-09-30 1.52
2018-06-30 2.06
2018-03-31 0.94
2017-12-31 1.64
2017-09-30 0.88
2017-06-30 1.78
2017-03-31 1.73

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • U.S. Concrete is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess U.S. Concrete's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
U.S. Concrete has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has U.S. Concrete performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare U.S. Concrete's growth in the last year to its industry (Basic Materials).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • U.S. Concrete has delivered over 20% year on year earnings growth in the past 5 years.
  • U.S. Concrete's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • U.S. Concrete's 1-year earnings growth is negative, it can't be compared to the Europe Basic Materials industry average.
Earnings and Revenue History
U.S. Concrete's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from U.S. Concrete Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0U1N Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1,478.70 14.90 130.00
2019-09-30 1,479.60 13.00 131.60
2019-06-30 1,475.00 15.60 131.40
2019-03-31 1,511.70 31.20 123.50
2018-12-31 1,506.40 30.00 125.80
2018-09-30 1,477.61 24.99 124.43
2018-06-30 1,427.94 33.67 121.58
2018-03-31 1,364.67 15.20 119.98
2017-12-31 1,336.00 26.10 119.20
2017-09-30 1,313.46 13.72 112.85
2017-06-30 1,287.42 27.56 108.99
2017-03-31 1,222.25 26.42 102.47
2016-12-31 1,168.20 9.60 100.00
2016-09-30 1,112.96 18.65 95.22
2016-06-30 1,079.48 -17.76 93.32
2016-03-31 1,048.42 -4.23 92.13
2015-12-31 974.72 -5.09 86.87
2015-09-30 890.65 3.04 81.52
2015-06-30 793.13 14.60 73.72
2015-03-31 728.80 12.49 66.12
2014-12-31 703.71 21.58 61.27
2014-09-30 672.35 14.46 57.74
2014-06-30 641.96 -5.89 56.72
2014-03-31 618.99 -6.34 58.02
2013-12-31 598.16 -18.27 58.92
2013-09-30 584.92 -24.56 61.21
2013-06-30 564.77 -21.35 61.19

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • U.S. Concrete has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • U.S. Concrete used its assets less efficiently than the Europe Basic Materials industry average last year based on Return on Assets.
  • U.S. Concrete's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess U.S. Concrete's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Basic Materials industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
U.S. Concrete has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is U.S. Concrete's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up U.S. Concrete's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • U.S. Concrete is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • U.S. Concrete's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of U.S. Concrete's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from U.S. Concrete Company Filings, last reported 3 months ago.

DB:0U1N Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 369.60 620.00 40.60
2019-09-30 363.50 633.60 27.00
2019-06-30 344.60 648.40 24.80
2019-03-31 335.40 641.80 23.90
2018-12-31 337.20 642.90 20.00
2018-09-30 336.53 730.51 25.18
2018-06-30 317.80 750.55 21.51
2018-03-31 299.17 755.73 36.62
2017-12-31 302.10 640.10 22.60
2017-09-30 281.79 625.93 248.26
2017-06-30 205.35 625.72 271.74
2017-03-31 206.66 618.55 291.82
2016-12-31 188.83 411.44 75.77
2016-09-30 202.46 413.23 66.02
2016-06-30 137.04 410.97 101.12
2016-03-31 134.03 279.41 8.84
2015-12-31 134.01 259.05 3.93
2015-09-30 122.80 277.39 8.61
2015-06-30 116.39 267.90 15.03
2015-03-31 91.46 213.99 7.39
2014-12-31 101.48 213.04 30.20
2014-09-30 99.62 213.81 94.16
2014-06-30 86.77 208.06 86.87
2014-03-31 83.33 208.99 96.22
2013-12-31 83.73 214.14 112.67
2013-09-30 88.44 84.06 7.68
2013-06-30 86.41 90.80 7.15
  • U.S. Concrete's level of debt (167.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (210.2% vs 167.7% today).
  • Debt is well covered by operating cash flow (22.4%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.5x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess U.S. Concrete's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. U.S. Concrete has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is U.S. Concrete's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from U.S. Concrete dividends.
If you bought €2,000 of U.S. Concrete shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate U.S. Concrete's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate U.S. Concrete's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:0U1N Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
Europe Basic Materials Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 4.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.7%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:0U1N Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31
2020-04-07

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as U.S. Concrete has not reported any payouts.
  • Unable to verify if U.S. Concrete's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of U.S. Concrete's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as U.S. Concrete has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess U.S. Concrete's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can U.S. Concrete afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. U.S. Concrete has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of U.S. Concrete's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ronnie Pruitt
COMPENSATION $1,876,640
AGE 48
TENURE AS CEO 0 years
CEO Bio

Mr. Ronnie A. Pruitt serves as a President since April 15, 2019 and Chief Executive Officer at U.S. Concrete, Inc. since April 03, 2020. He served as Chief Operating Officer at U.S. Concrete, Inc., since October 26, 2015 until April 03, 2020 and as Senior Vice President at U.S. Concrete, Inc., since October 26, 2015 until April 15, 2019. Mr. Pruitt began his career in 1995 joining the Expanded Shale & Clay group of Texas Industries, Inc. as a Sales Manager. Mr. Pruitt served as Vice President of Cement Production at Texas Industries Inc., since June 1, 2011. Mr. Pruitt served as Vice President of Cement & Aggregates Marketing and Sales at Texas Industries from August 2002 to June 1, 2011. He served as Vice President of Aggregate and Cement Sales of Texas Industries Inc., from January 1995 to July 2014. In 2005, Mr. Pruitt also assumed the responsibilities for TXI’s Consumer Products group along with being named President of TXI’s Transportation Company. Mr. Pruitt has served on the Boards of The Portland Cement Association, National Stone, Sand, and Gravel Association as well as serving as President of the Cement Council of Texas. Mr. Pruitt has completed the Business and Finance Executive Program from the SMU Cox School of Business and holds a Bachelor of Arts degree in 1993 from The University of Texas at Arlington.

CEO Compensation
  • Ronnie's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Ronnie's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the U.S. Concrete management team in years:

4.6
Average Tenure
54
Average Age
  • The tenure for the U.S. Concrete management team is about average.
Management Team

Ronnie Pruitt

TITLE
CEO & President
COMPENSATION
$2M
AGE
48

John Kunz

TITLE
Senior VP & CFO
COMPENSATION
$2M
AGE
54
TENURE
2.5 yrs

Paul Jolas

TITLE
Senior VP
COMPENSATION
$1M
AGE
55
TENURE
6.7 yrs

Mark Peabody

TITLE
Vice President of Human Resources
AGE
61
TENURE
7.9 yrs

Gib Dawson

TITLE
VP, Corporate Controller & Chief Accounting Officer
AGE
53
TENURE
1.2 yrs
Board of Directors Tenure

Average tenure and age of the U.S. Concrete board of directors in years:

8.3
Average Tenure
61
Average Age
  • The tenure for the U.S. Concrete board of directors is about average.
Board of Directors

Bill Sandbrook

TITLE
Chairman of the Board
COMPENSATION
$5M
AGE
61
TENURE
1.9 yrs

Kurt Cellar

TITLE
Independent Director
COMPENSATION
$240K
AGE
49
TENURE
9.7 yrs

Mike Lundin

TITLE
Lead Independent Director
COMPENSATION
$270K
AGE
59
TENURE
2.6 yrs

Ted Rossi

TITLE
Independent Director
COMPENSATION
$240K
AGE
68
TENURE
8.3 yrs

Colin Sutherland

TITLE
Independent Director
COMPENSATION
$235K
AGE
63
TENURE
9.7 yrs

Bob Rayner

TITLE
Independent Director
COMPENSATION
$235K
AGE
72
TENURE
9.7 yrs

Susan Ball

TITLE
Independent Director
COMPENSATION
$230K
AGE
56
TENURE
1.7 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by U.S. Concrete individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
24. Mar 20 Buy Gibson Dawson Individual 20. Mar 20 20. Mar 20 1,100 €12.15 €13,362
16. Mar 20 Buy Michael Lundin Individual 13. Mar 20 13. Mar 20 5,000 €14.22 €71,103
09. Mar 20 Buy Kurt Cellar Individual 09. Mar 20 09. Mar 20 4,300 €19.54 €84,035
06. Mar 20 Buy Michael Lundin Individual 05. Mar 20 05. Mar 20 4,000 €23.03 €92,118
06. Mar 20 Buy Kurt Cellar Individual 06. Mar 20 06. Mar 20 10,700 €21.73 €232,544
27. Feb 20 Buy William Sandbrook Individual 27. Feb 20 27. Feb 20 15,000 €25.47 €382,115
17. Dec 19 Buy William Sandbrook Individual 13. Dec 19 13. Dec 19 10,500 €35.46 €372,294
29. Nov 19 Buy Theodore Rossi Individual 29. Nov 19 29. Nov 19 5,000 €37.18 €185,922
27. Nov 19 Buy Kurt Cellar Individual 26. Nov 19 26. Nov 19 2,000 €37.58 €75,166
25. Nov 19 Buy Kurt Cellar Individual 22. Nov 19 25. Nov 19 23,057 €36.37 €836,043
18. Sep 19 Sell Matthew Emmert Individual 16. Sep 19 16. Sep 19 -1,699 €43.24 €-73,460
13. Sep 19 Sell Herbert Burton Individual 11. Sep 19 11. Sep 19 -1,268 €43.37 €-54,992
05. Jun 19 Sell John Kunz Individual 03. Jun 19 03. Jun 19 -1,982 €42.24 €-83,724
03. Jun 19 Sell Paul Jolas Individual 30. May 19 30. May 19 -5,053 €41.73 €-210,885
03. Jun 19 Sell Ronnie Pruitt Individual 30. May 19 30. May 19 -4,563 €41.55 €-189,575
X
Management checks
We assess U.S. Concrete's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. U.S. Concrete has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

U.S. Concrete, Inc., through its subsidiaries, produces and sells ready-mixed concrete, aggregates, and concrete-related products and services to the construction industry in the United States, the U.S. Virgin Islands, and Canada. It operates through two segments, Ready-Mixed Concrete and Aggregate Products. The Ready-Mixed Concrete segment engages in the formulation, production, and delivery of ready-mixed concrete to customers’ job sites; and the provision of various services that include the formulation of mixtures for specific design uses, on-site and lab-based product quality control, and customized delivery programs. The Aggregate Products segment offers crushed stone, sand, and gravel for use in commercial, industrial, and public works projects. The company’s other products include building materials stores, hauling operations, aggregates distribution terminals, a recycled aggregates operation and concrete blocks, as well as products, including ARIDUS Rapid Drying Concrete technology and the Where’s My Concrete family of Web and mobile applications. It primarily serves concrete general contractors, governmental agencies, and developers, architects, engineers, and home builders. The company was founded in 1997 and is based in Euless, Texas.

Details
Name: U.S. Concrete, Inc.
0U1N
Exchange: DB
Founded: 1997
$237,579,489
16,671,702
Website: http://www.us-concrete.com
Address: U.S. Concrete, Inc.
331 North Main Street,
Euless,
Texas, 76039,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS USCR Common Stock Nasdaq Global Select US USD 15. Oct 2010
DB 0U1N Common Stock Deutsche Boerse AG DE EUR 15. Oct 2010
BRSE 0U1N Common Stock Berne Stock Exchange CH CHF 15. Oct 2010
Number of employees
Current staff
Staff numbers
3,173
U.S. Concrete employees.
Industry
Construction Materials
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 22:51
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/03/31
Last earnings filing: 2020/02/25
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.