Installed Building Products, Inc. (IBP) Company Bio
Installed Building Products provides insulation installation services for the residential new construction market and is also a diversified installer of complementary building products, including garage doors, rain gutters, shower doors, closet shelving and mirrors, throughout the United States. The company was founded in 1977 and is based in Columbus, Ohio.
IBP Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for IBP, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Installed Building Products Inc ranked in the 68th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for IBP, they are:
Its compound free cash flow growth rate, as measured over the past 5.65 years, is 0.47% -- higher than 78% of stocks in our DCF forecasting set.
Installed Building Products Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than just 23.63% of tickers in our DCF set.
As a business, Installed Building Products Inc experienced a tax rate of about 17% over the past twelve months; relative to its sector (Basic Materials), this tax rate is higher than 64.43% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Basic Materials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as IBP, try TROX, ICL, LIN, AXTA, and CC.
Installed Building Products (IBP) has acquired the North Charleston, SC and Pooler, GA branches from Energy One America, LLC.Terms of the acquisition are not disclosed.Both branches offer spray foam, fiberglass, and air barrier installation services to residential, multi-family and commercial customers.The branches add ~$22.0M of combined annual revenue....
Installed Building Products, Inc. (IBP) Q2 2020 Earnings Conference Call August 6, 2020, 10:00 AM ET Company Participants Jason Niswonger - SVP of Finance & IR Jeffrey Edwards - Chairman, CEO & President Michael Miller - CFO, EVP of Finance & Director Conference Call Participants Adam Baumgarten - Credit Suisse...
Installed Building Products, Inc. (the "Company") (NYSE: IBP), an industry-leading installer of insulation products, announced today that the Company will release its second quarter 2020 financial results on August 6, 2020. A webcast and conference call will be held that same day at 10:00 a.m. (Eastern Time) to review the Company’s results.