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Summit Materials

DB:7SU
Snowflake Description

Acceptable track record with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
7SU
DB
$2B
Imp Market Cap
  1. Home
  2. DE
  3. Materials
Company description

Summit Materials, Inc., through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, residential and nonresidential, and other markets. The last earnings update was 58 days ago. More info.


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  • Summit Materials has significant price volatility in the past 3 months.
7SU Share Price and Events
7 Day Returns
3.5%
DB:7SU
-2.5%
Europe Basic Materials
-3%
DE Market
1 Year Returns
-13.8%
DB:7SU
-30.3%
Europe Basic Materials
-20.6%
DE Market
7SU Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Summit Materials (7SU) 3.5% -32% -43.9% -13.8% -47.9% -36.7%
Europe Basic Materials -2.5% -25.2% -35.4% -30.3% -39.6% -37.3%
DE Market -3% -19.1% -26.2% -20.6% -25.6% -30.7%
1 Year Return vs Industry and Market
  • 7SU outperformed the Basic Materials industry which returned -30.3% over the past year.
  • 7SU outperformed the Market in Germany which returned -20.6% over the past year.
Price Volatility
7SU
Industry
5yr Volatility vs Market

7SU Value

 Is Summit Materials 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 Summit Materials 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 Summit Materials.

DB:7SU Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 11 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.4%
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:7SU
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))
= 0.824 (1 + (1- 21%) (127.27%))
1.437
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.44
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.437 * 5.44%)
7.43%

Discounted Cash Flow Calculation for DB:7SU using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Summit Materials 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:7SU DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.43%)
2020 249.42 Analyst x6 232.17
2021 195.58 Analyst x6 169.47
2022 186.00 Analyst x2 150.02
2023 179.76 Est @ -3.35% 134.96
2024 175.33 Est @ -2.46% 122.53
2025 172.10 Est @ -1.84% 111.96
2026 169.68 Est @ -1.41% 102.75
2027 167.81 Est @ -1.1% 94.59
2028 166.32 Est @ -0.89% 87.27
2029 165.09 Est @ -0.74% 80.63
Present value of next 10 years cash flows $1,286.00
DB:7SU DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $165.09 × (1 + -0.39%) ÷ (7.43% – -0.39%)
$2,103.13
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $2,103.13 ÷ (1 + 7.43%)10
$1,027.17
DB:7SU Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,286.00 + $1,027.17
$2,313.17
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $2,313.17 / 116.56
$19.85
DB:7SU Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:7SU represents 0.99084x of NYSE:SUM
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99084x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 19.85 x 0.99084
€19.66
Value per share (EUR) From above. €19.66
Current discount Discount to share price of €11.90
= -1 x (€11.90 - €19.66) / €19.66
39.5%

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

Current Discount
Amount off the current price Summit Materials is available for.
Intrinsic value
39%
Share price is €11.9 vs Future cash flow value of €19.66
Current Discount Checks
For Summit Materials to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Summit Materials's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Summit Materials's share price is below the future cash flow value, but not 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 Summit Materials's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Summit Materials's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:7SU PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-28) in USD $0.53
NYSE:SUM Share Price ** NYSE (2020-04-03) in USD $12.01
Europe Basic Materials Industry PE Ratio Median Figure of 33 Publicly-Listed Basic Materials Companies 9.61x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.57x

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

** Primary Listing of Summit Materials.

DB:7SU PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:SUM Share Price ÷ EPS (both in USD)

= 12.01 ÷ 0.53

22.81x

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

  • Summit Materials is overvalued based on earnings compared to the Europe Basic Materials industry average.
  • Summit Materials is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Summit Materials's expected growth come at a high price?
Raw Data
DB:7SU PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 22.81x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts
24.3%per year
Europe Basic Materials Industry PEG Ratio Median Figure of 17 Publicly-Listed Basic Materials Companies 1.49x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.18x

*Line of best fit is calculated by linear regression .

DB:7SU PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 22.81x ÷ 24.3%

0.94x

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

  • Summit Materials is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Summit Materials's assets?
Raw Data
DB:7SU PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-28) in USD $12.60
NYSE:SUM Share Price * NYSE (2020-04-03) in USD $12.01
Europe Basic Materials Industry PB Ratio Median Figure of 39 Publicly-Listed Basic Materials Companies 0.78x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:7SU PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:SUM Share Price ÷ Book Value per Share (both in USD)

= 12.01 ÷ 12.60

0.95x

* Primary Listing of Summit Materials.

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

  • Summit Materials is overvalued based on assets compared to the Europe Basic Materials industry average.
X
Value checks
We assess Summit Materials'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. Summit Materials has a total score of 2/6, 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.

7SU Future Performance

 How is Summit Materials expected to perform in the next 1 to 3 years based on estimates from 11 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
24.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Summit Materials expected to grow at an attractive rate?
  • Summit Materials's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Summit Materials's earnings growth is expected to exceed the Germany market average.
  • Summit Materials's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:7SU Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:7SU Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts 24.3%
DB:7SU Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts 0%
Europe Basic Materials Industry Earnings Growth Rate Market Cap Weighted Average 4.5%
Europe Basic Materials Industry Revenue Growth Rate Market Cap Weighted Average 2%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.2%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*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:7SU Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:7SU Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 2,463 1
2022-12-31 2,121 409 118 2
2021-12-31 2,151 377 102 10
2020-12-31 2,072 329 70 11
2020-04-03
2019-12-31 2,013 289 43 11
DB:7SU Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-28 2,222 337 59
2019-09-28 2,157 303 4
2019-06-29 2,119 259 20
2019-03-30 2,119 230 19
2018-12-29 2,101 209 34
2018-09-29 2,100 230 96
2018-06-30 2,040 247 106
2018-03-31 1,963 286 121
2017-12-30 1,933 292 122
2017-09-30 1,866 293 79
2017-07-01 1,761 283 42
2017-04-01 1,682 241 5
2016-12-31 1,626 245 37

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Summit Materials's earnings are expected to grow significantly at over 20% yearly.
  • Summit Materials's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
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:7SU 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 11 Analyst Estimates (S&P Global) See Below

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

DB:7SU Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 0.85 1.01 0.68 2.00
2021-12-31 0.88 1.54 0.19 10.00
2020-12-31 0.60 1.20 0.12 10.00
2020-04-03
2019-12-31 0.38 0.77 0.25 10.00
DB:7SU Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-28 0.53
2019-09-28 0.04
2019-06-29 0.18
2019-03-30 0.17
2018-12-29 0.30
2018-09-29 0.87
2018-06-30 0.96
2018-03-31 1.10
2017-12-30 1.12
2017-09-30 0.76
2017-07-01 0.44
2017-04-01 0.06
2016-12-31 0.52

*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.
  • Summit Materials is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Summit Materials'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.
Summit Materials 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.

7SU Past Performance

  How has Summit Materials 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 Summit Materials'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.
  • Summit Materials has delivered over 20% year on year earnings growth in the past 5 years.
  • Summit Materials's 1-year earnings growth exceeds its 5-year average (70.8% vs 30.4%)
  • Summit Materials's earnings growth has exceeded the Europe Basic Materials industry average in the past year (70.8% vs 20.8%).
Earnings and Revenue History
Summit Materials'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 Summit Materials Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:7SU Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-28 2,222.14 59.07 262.93
2019-09-28 2,156.64 4.23 253.55
2019-06-29 2,119.22 19.76 250.66
2019-03-30 2,119.22 18.86 251.36
2018-12-29 2,101.00 33.91 253.61
2018-09-29 2,100.00 96.08 257.92
2018-06-30 2,039.52 106.05 257.63
2018-03-31 1,962.72 120.55 254.06
2017-12-30 1,932.58 121.83 242.67
2017-09-30 1,865.52 78.53 234.29
2017-07-01 1,760.78 42.09 239.21
2017-04-01 1,681.96 5.46 256.61
2016-12-31 1,626.06 36.78 243.51
2016-10-01 1,604.55 58.84 198.74
2016-07-02 1,547.02 28.67 191.68
2016-04-02 1,466.69 14.34 155.91
2016-01-02 1,432.30 25.30 163.27
2015-09-26 1,364.92 -4.95 194.34
2015-06-27 1,287.78 -19.61 172.82
2015-03-28 1,247.13 -19.02 154.18
2014-12-27 1,204.23 -8.85 150.73
2014-09-27 1,108.41 -72.55 140.65
2014-06-28 1,029.92 -52.22 138.96
2014-03-29 886.46 -79.05 140.79
2013-12-28 916.20 -106.26 142.00

*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.
  • Summit Materials has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Summit Materials used its assets less efficiently than the Europe Basic Materials industry average last year based on Return on Assets.
  • Summit Materials's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Summit Materials'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.
Summit Materials has a total score of 3/6, 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.

7SU Health

 How is Summit Materials'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 Summit Materials's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Summit Materials is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Summit Materials's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Summit Materials'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 0.4x 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 Summit Materials Company Filings, last reported 3 months ago.

DB:7SU Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-28 1,444.77 1,859.00 311.32
2019-09-28 1,386.78 1,859.77 182.59
2019-06-29 1,322.77 1,858.95 67.66
2019-03-30 1,278.48 1,860.11 64.84
2018-12-29 1,342.15 1,813.86 128.51
2018-09-29 1,358.87 1,812.96 64.93
2018-06-30 1,277.77 1,813.64 50.40
2018-03-31 1,235.35 1,814.89 178.29
2017-12-30 1,271.72 1,815.60 383.56
2017-09-30 1,217.36 1,813.56 287.08
2017-07-01 1,112.95 1,814.21 353.06
2017-04-01 1,047.72 1,519.56 156.11
2016-12-31 860.04 1,520.96 143.39
2016-10-01 845.74 1,521.88 31.64
2016-07-02 778.26 1,537.23 9.17
2016-04-02 729.66 1,524.18 92.24
2016-01-02 767.86 1,280.15 186.41
2015-09-26 722.19 1,216.19 18.99
2015-06-27 618.89 827.25 12.57
2015-03-28 628.27 1,062.69 314.98
2014-12-27 320.72 1,048.96 13.22
2014-09-27 325.90 1,091.11 10.00
2014-06-28 298.94 1,007.51 24.07
2014-03-29 311.58 691.06 18.18
2013-12-28 311.58 688.99 18.18
  • Summit Materials's level of debt (128.7%) 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 (320.3% vs 128.7% today).
  • Debt is not well covered by operating cash flow (18.1%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.9x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Summit Materials'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. Summit Materials has a total score of 2/6, 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.

7SU Dividends

 What is Summit Materials'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 Summit Materials dividends. Estimated to be 0% next year.
If you bought €2,000 of Summit Materials 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 Summit Materials's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Summit Materials'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:7SU 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 11 Analyst Estimates (S&P Global) See Below
Europe Basic Materials Industry Average Dividend Yield Market Cap Weighted Average of 22 Stocks 4.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 318 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.8%

Industry and Market average data is calculated daily.

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

DB:7SU Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 0.00 1.00
2022-12-31 0.00 4.00
2021-12-31 0.00 4.00
2020-12-31 0.00 4.00
2020-04-03
2019-12-31 0.00 4.00

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

  • Unable to perform a dividend volatility check as Summit Materials has not reported any payouts.
  • Unable to verify if Summit Materials's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Summit Materials's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Summit Materials has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Summit Materials's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Summit Materials's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 Summit Materials afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Summit Materials 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.

7SU Management

 What is the CEO of Summit Materials'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
Tom Hill
COMPENSATION $4,674,005
AGE 63
TENURE AS CEO 5.6 years
CEO Bio

Mr. Thomas W. Hill, also known as Tom, B.A., serves as President and Chief Executive Officer of Summit Materials, LLC and Summit Materials, Inc. He is Founder of Summit Materials, LLC. From 2006 to 2008, he was the Chief Executive Officer of Oldcastle Inc. - the North American arm of CRH, plc, one of the world's leading building materials companies based in Dublin, Ireland. Mr. Hill served on the CRH Board of Directors from 2002 to 2008. From 1992 to 2006, he ran the Materials division of Oldcastle. Mr. Hill serves as a Director at Summit Materials Inc., and Summit Materials LLC since August 2009. Mr. Hill also held a variety of leadership roles in the transportation industry. He served as Chairman of the American Road and Transportation Builders Association from 2002 to 2004, during congressional consideration of the multi-year transportation bill "SAFETEA-LU." He worked to develop legislative proposals to address the transportation infrastructure needs of the country, convened industry meetings to develop a consensus position and testified before the Congress on the need for increased Federal investment in transportation infrastructure. Mr. Hill has been Treasurer of both the National Asphalt Pavement Association and the National Stone Association and he remains active with ARTBA's Executive Committee. Currently he is serving as Vice-Chairman of ARTBA's Highway Reauthorization task force. Mr. Hill received his MBA from Trinity College in Dublin, Ireland in 1980. He received a Bachelor of Arts in Economics and History from Duke University in 1978.

CEO Compensation
  • Tom's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Tom's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Summit Materials management team in years:

6.5
Average Tenure
51
Average Age
  • The average tenure for the Summit Materials management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Tom Hill

TITLE
Founder
COMPENSATION
$5M
AGE
63
TENURE
5.6 yrs

Brian Harris

TITLE
Executive VP & CFO
COMPENSATION
$2M
AGE
63
TENURE
6.5 yrs

Michael Brady

TITLE
Executive VP & Chief Business Development Officer
COMPENSATION
$1M
AGE
51
TENURE
11 yrs

M. Evans

TITLE
COMPENSATION
$1M
AGE
48

Karli Anderson

TITLE
Vice President of Investor Relations
AGE
46
TENURE
0.7 yrs

Anne Benedict

TITLE
Executive VP
AGE
46

Tom Beck

TITLE
Executive VP & Cement Division President
AGE
62
TENURE
7.3 yrs
Board of Directors Tenure

Average tenure and age of the Summit Materials board of directors in years:

4.3
Average Tenure
61
Average Age
  • The tenure for the Summit Materials board of directors is about average.
Board of Directors

Howard Lance

TITLE
Chairman of the Board
COMPENSATION
$376K
AGE
63
TENURE
7.2 yrs

Tom Hill

TITLE
Founder
COMPENSATION
$5M
AGE
63
TENURE
10.7 yrs

Ted Gardner

TITLE
Independent Director
COMPENSATION
$226K
AGE
61
TENURE
10.7 yrs

John Murphy

TITLE
Independent Director
COMPENSATION
$241K
AGE
69
TENURE
8.2 yrs

Steven Wunning

TITLE
Independent Director
COMPENSATION
$226K
AGE
68
TENURE
3.7 yrs

Anne Wade

TITLE
Independent Director
COMPENSATION
$226K
AGE
47
TENURE
4.3 yrs

Joseph Cantie

TITLE
Independent Director
COMPENSATION
$226K
AGE
55
TENURE
3.9 yrs

Anne Cooney

TITLE
Independent Director
COMPENSATION
$149K
AGE
58
TENURE
1.7 yrs

Sue Ellerbusch

TITLE
Independent Director
COMPENSATION
$149K
AGE
51
TENURE
1.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
21. Nov 19 Sell Brian Harris Individual 19. Nov 19 19. Nov 19 -30,000 €21.43 €-643,031
18. Nov 19 Sell Anne Benedict Individual 15. Nov 19 15. Nov 19 -3,011 €21.00 €-63,245
06. Nov 19 Sell Brian Harris Individual 04. Nov 19 04. Nov 19 -30,000 €21.18 €-635,430
05. Nov 19 Sell M. Evans Individual 01. Nov 19 01. Nov 19 -11,868 €20.80 €-246,911
05. Nov 19 Sell John Murphy Individual 01. Nov 19 01. Nov 19 -7,809 €20.55 €-160,436
X
Management checks
We assess Summit Materials'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. Summit Materials 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.

7SU News

Simply Wall St News

7SU Company Info

Description

Summit Materials, Inc., through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, residential and nonresidential, and other markets. It operates through three segments: West, East, and Cement. The company’s products include aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components. It also provides paving and related services primarily comprising asphalt paving services to the private and public infrastructure sectors. In addition, the company operates municipal waste, construction, and demolition debris landfills; and liquid asphalt terminal. It has operations in the United States; and British Columbia, Canada. The company was founded in 2009 and is headquartered in Denver, Colorado.

Details
Name: Summit Materials, Inc.
7SU
Exchange: DB
Founded:
$1,419,650,785
$1,380,071,698
116,561,004
Website: http://summit-materials.com
Address: Summit Materials, Inc.
1550 Wynkoop Street,
3rd Floor,
Denver,
Colorado, 80202,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE SUM Class A Common Stock New York Stock Exchange US USD 12. Mar 2015
DB 7SU Class A Common Stock Deutsche Boerse AG DE EUR 12. Mar 2015
LSE 0LAI Class A Common Stock London Stock Exchange GB USD 12. Mar 2015
BRSE 7SU Class A Common Stock Berne Stock Exchange CH CHF 12. Mar 2015
Number of employees
Current staff
Staff numbers
6,000
Summit Materials employees.
Industry
Construction Materials
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/03 22:20
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/04/03
Last earnings filing: 2020/02/05
Last earnings reported: 2019/12/28
Last annual earnings reported: 2019/12/28


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.