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US Concrete (US Concrete) Intrinsic Value: Projected FCF : $64.58 (As of Apr. 26, 2024)


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What is US Concrete Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-04-26), US Concrete's Intrinsic Value: Projected FCF is $64.58. The stock price of US Concrete is $73.99. Therefore, US Concrete's Price-to-Intrinsic-Value-Projected-FCF of today is 1.2.

The historical rank and industry rank for US Concrete's Intrinsic Value: Projected FCF or its related term are showing as below:

USCR' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.23   Med: 1.22   Max: 9.99
Current: 1.15

During the past 12 years, the highest Price-to-Intrinsic-Value-Projected-FCF of US Concrete was 9.99. The lowest was 0.23. And the median was 1.22.

USCR's Price-to-Projected-FCF is not ranked
in the Building Materials industry.
Industry Median: 0.845 vs USCR: 1.15

US Concrete Intrinsic Value: Projected FCF Historical Data

The historical data trend for US Concrete's Intrinsic Value: Projected FCF 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.

US Concrete Intrinsic Value: Projected FCF Chart

US Concrete Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.41 45.61 59.10 73.63 98.07

US Concrete Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Intrinsic Value: Projected FCF 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 86.22 96.00 98.07 84.86 64.58

Competitive Comparison of US Concrete's Intrinsic Value: Projected FCF

For the Building Materials subindustry, US Concrete's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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.


US Concrete's Price-to-Projected-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, US Concrete's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where US Concrete's Price-to-Projected-FCF falls into.



US Concrete Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get US Concrete's Free Cash Flow(6 year avg) = $80.18.

US Concrete's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun21)*0.8)/Shares Outstanding (Diluted Average)
=(10.125989035996*80.17568+357.4*0.8)/17.000
=64.58

* 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.


US Concrete  (NAS:USCR) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

US Concrete's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=73.99/64.575179801973
=1.15

* 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.


US Concrete Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of US Concrete's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


US Concrete (US Concrete) Business Description

Traded in Other Exchanges
N/A
Address
331 North Main Street, Euless, TX, USA, 76039
U.S. Concrete sells ready-mixed concrete in several major markets in the United States, primarily in Texas, northern California, and the New York metro area. While U.S. Concrete also produces aggregates in some of its markets and has made more acquisitions in this area in recent years, the company primarily uses its aggregates production internally for its ready-mixed concrete operations. During 2020, U.S. Concrete sold approximately 8.2 million cubic yards of ready-mixed concrete and approximately 12.6 million tons of aggregates.
Executives
Sutherland Colin Mcgill director 55 ROSE PARK DRIVE TORONTO A6 M4T 1R2
Herbert A. Burton officer: Regional VP & GM - West C/O U.S. CONCRETE, INC. 331 N. MAIN ST. EULESS X1 76039
Jeffrey W Roberts officer: Regional VP & GM - Central 331 N. MAIN ST. EULESS TX 76039
William J Sandbrook director C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039
John E Kunz officer: SVP & Chief Financial Officer 522 N. MACEWEN DRIVE, OSPREY FL 34229
Rajan Penkar director C/O TRAVELCENTERS OF AMERICA INC., 24601 CENTER RIDGE ROAD, WESTLAKE OH 44145
Michael D Lundin director C/O U.S. CONCRETE, INC. 331 N. MAIN STREET EULESS TX 76039
Kurt Matthew Cellar director 71 ROTON AVENUE, NORWALK CT 06853
Theodore P Rossi director C/O U.S. CONCRETE, INC. 331 N. MAIN STREET EULESS TX 76039
Susan M. Ball director 13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478
Gibson T Dawson officer: VP, Corporate Controller & CAO C/O U.S. CONCRETE, INC., 331 NORTH MAIN STREET, EULESS TX 76039
Philip Daren Lesley officer: VP - USC Aggregates 331 NORTH MAIN STREET EULESS TX 76039
Scott Dryden officer: VP & GM - Polaris Materials C/O U.S. CONCRETE, INC. 331 N. MAIN ST. EULESS TX 76039
Mark Baker Peabody officer: VP - Human Resources 331 N. MAIN STREET EULESS TX 76039
Ronnie A Pruitt officer: President & COO C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039