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Patrick Industries (Patrick Industries) Peter Lynch Fair Value : $162.75 (As of Apr. 26, 2024)


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What is Patrick Industries Peter Lynch Fair Value?

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year. Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years. If 5-Year Growth Rate is greater than 25% a year, we use 25. If 5-Year Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.

Here, as of today, Patrick Industries's PEG is 1. Patrick Industries's 5-Year TTM EBITDA Growth Rate is 25. Patrick Industries's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $6.51. Therefore, the Peter Lynch Fair Value for today is $162.75.

As of today (2024-04-26), Patrick Industries's share price is $105.49. Patrick Industries's Peter Lynch fair value is $162.75. Therefore, Patrick Industries's Price to Peter Lynch Fair Value Ratio for today is 0.65.


The historical rank and industry rank for Patrick Industries's Peter Lynch Fair Value or its related term are showing as below:

PATK' s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 0.18   Med: 0.62   Max: 0.84
Current: 0.65


During the past 13 years, the highest Price to Peter Lynch Fair Value Ratio of Patrick Industries was 0.84. The lowest was 0.18. And the median was 0.62.


PATK's Price-to-Peter-Lynch-Fair-Value is ranked better than
73.81% of 126 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.08 vs PATK: 0.65

Note: Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart.


Patrick Industries Peter Lynch Fair Value Historical Data

The historical data trend for Patrick Industries's Peter Lynch Fair Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Patrick Industries Peter Lynch Fair Value Chart

Patrick Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Peter Lynch Fair Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.50 95.05 240.75 336.00 162.75

Patrick Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Peter Lynch Fair Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 336.00 256.25 185.00 169.50 162.75

Competitive Comparison of Patrick Industries's Peter Lynch Fair Value

For the Furnishings, Fixtures & Appliances subindustry, Patrick Industries's Price-to-Peter-Lynch-Fair-Value, along with its competitors' market caps and Price-to-Peter-Lynch-Fair-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Patrick Industries's Price-to-Peter-Lynch-Fair-Value Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Patrick Industries's Price-to-Peter-Lynch-Fair-Value distribution charts can be found below:

* The bar in red indicates where Patrick Industries's Price-to-Peter-Lynch-Fair-Value falls into.



Patrick Industries Peter Lynch Fair Value Calculation

Patrick Industries's Peter Lynch Fair Value for today is calculated as

Peter Lynch Fair Value=PEG Ratio*5-Year TTM EBITDA Growth Rate***EPS without NRI (TTM)
=1* 25 *6.51
=162.75

Patrick Industries's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.51.


* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** Please be aware that the 5-Year TTM EBITDA Growth Rate is calculated based on TTM data over the last 5 years. For quarterly reported companies, the TTM data adds up the quarterly data reported by the company within the most recent 12 months. For companies that report semi-annually, annually, or do not have enough quarterly data, GuruFocus uses the annual data as the TTM data.

If 5-Year Earnings Growth Rate is greater than 25% a year, we use 25.

If 5-Year Earnings Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.

Please note that we use the 5-year average growth rate of EBITDA per share as the growth rate for non-bank companies, as EBITDA growth is subject to less manipulations than net earnings per share. For banks, we use the 5-year average growth rate of Book Value per share as the growth rate. The reason is that EBITDA is not applicable to Banks and Book value is a relative important measurement for Banks. In the calculation, PEG=1 because Peter Lynch thinks that the fair P/E ratio of the growth stock is equal to its earnings growth rate.


Patrick Industries  (NAS:PATK) Peter Lynch Fair Value Explanation

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year.

Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years.

Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart. In Peter Lynch chart, a fixed P/E ratio of 15 is used to draw the Earnings Line. Therefore the value reached has a P/E ratio of 15. But in Peter Lynch Fair Value calculation, P/E equals to the growth rate of EBITDA per share over the past 5 years, which is 25 instead of 15 in this case.

Patrick Industries's Price to Peter Lynch Fair Value Ratio for today is calculated as

Price to Peter Lynch Fair Value=Share Price/Peter Lynch Fair Value
=105.49/162.75
=0.65

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Patrick Industries Peter Lynch Fair Value Related Terms

Thank you for viewing the detailed overview of Patrick Industries's Peter Lynch Fair Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Patrick Industries (Patrick Industries) Business Description

Traded in Other Exchanges
Address
107 West Franklin Street, P.O. Box 638, Elkhart, IN, USA, 46515
Patrick Industries Inc makes and sells building products and materials for recreational vehicles and manufactured housing. The company is organized into two segments based on product type: manufacturing and distribution. The manufacturing segment, which generates the majority of revenue, sells laminated and vinyl products that include furniture, shelving, cabinets, bath fixtures, and countertops. The distribution segment sells prefinished wall and ceiling panels, as well as electrical and plumbing products for the RV and manufactured-housing industries. One of the firm's RV customers makes up a significant portion of revenue. Nearly all of Patrick Industries' revenue comes from North America.
Executives
Andy L Nemeth director, officer: President C/O PATRICK INDUSTRIES, INC.,, P.O. BOX 638, ELKHART IN 46515-0638
Kip B Ellis officer: EVP Operations & COO 107 W. FRANKLIN STREET, P.O. BOX 638, ELKHART IN 46515
Jeff Rodino officer: EVP-Sales, Chief Sales Officer 107 W. FRANKLIN STREET, P.O.BOX 638, ELKHART IN 46515
Todd M Cleveland director, officer: CEO 107 W. FRANKLIN ST., ELKHART IN 46515
Derrick B Mayes director 107 W. FRANKLIN STREET, PO BOX 638, ELKHART IN 46515
Matthew S Filer officer: Interim CFO, Treasurer & PAO 107 W. FRANKLIN STREET, PO BOX 638, ELKHART IN 46515
M Scott Welch director 6 LONGWOOD COURT, ELKHART IN 46516
Stacey L Neu officer: EVP & CHRO C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Michael A Kitson director 107 W. FRANKLIN STREET, P.O. BOX 638, ELKHART IN 46515
Pamela R Klyn director 107 W. FRANKLIN STREET, PO BOX 638, ELKHART IN 46515
Joel D Duthie officer: Chief Legal Officer/Secretary 107 W. FRANKLIN STREET, PO BOX 638, ELKHART IN 46515
Blosser Courtney officer: Chief Human Resource Officer 107 W. FRANKLIN STREET, P.O.BOX 638, ELKHART IN 46515
Jacob R Petkovich officer: EVP Finance, CFO & Treasurer 107 W. FRANKLIN STREET, PO BOX 638, ELKHART IN 46515
James E Rose other: Principal Accounting Officer 107 W. FRANKLIN STREET, PO BOX 638, ELKHART IN 46515
Joshua A Boone officer: VP - Finance & CFO 107 W. FRANKLIN STREET, P.O. BOX 638, ELKHART IN 46515