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Summit Materials Stock

Summit Materials P/S 2024

Summit Materials P/S

1.11

Ticker

SUM

ISIN

US86614U1007

WKN

A14QAG

As of Nov 30, 2024, Summit Materials's P/S ratio stood at 1.11, a -24.49% change from the 1.47 P/S ratio recorded in the previous year.

The Summit Materials P/S history

Summit Materials Aktienanalyse

What does Summit Materials do?

Summit Materials Inc is a construction materials supplier that was founded in 2009. The company, headquartered in Denver, Colorado, has become one of the leading building products and services companies in the USA. Summit Materials has focused its business strategy on organic growth and acquisitions, continuously expanding its portfolio. Among its subsidiaries are companies such as Continental Cement, Westroc, and Duit Construction Company. The company's main activities include the supply of concrete products, asphalt, aggregates, cement, sand, gravel, and other materials essential to the construction industry. Their offerings target a variety of customers from various sectors, including commercial customers, road and bridge construction companies, as well as private and public contractors. To meet customer demands in the construction industry, Summit Materials operates various business divisions, including concrete, asphalt, aggregates, and cement. Another business division is construction materials production, run by Summit Materials subsidiaries. Some of the products produced or sold by Summit Materials and its subsidiaries include: - Concrete: The various types of concrete products offered by Summit Materials include standard, colored, and decorative concrete floors, walls, and ceilings. - Asphalt: Summit Materials' asphalt is high-quality and meets the demanding requirements of different industries. They provide asphalt mixtures for road and bridge construction projects. - Aggregates: Summit Materials offers various aggregates for construction projects, including sand, gravel, and rock. These products are used for various applications in the construction industry, including road and bridge construction. - Cement: Summit Materials produces and supplies different types of cement for construction projects. The company aims to provide innovative and high-performance cements for use in various areas. In addition to the aforementioned products, the company also provides services ranging from project development and planning to the import and export of construction products. Overall, Summit Materials is an outstanding brand in the US hardware market. Through acquisitions of subsidiaries and organic growth in various business divisions, the company has become a key player for other construction companies. Their offering of high-quality construction products and services has allowed them to attract a large number of customers and business partners. The brand has experienced rapid growth in recent years and will continue expanding into new markets and business areas. Summit Materials ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Summit Materials's P/S Ratio

Summit Materials's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Summit Materials's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Summit Materials's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Summit Materials’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Summit Materials stock

What is the price-to-earnings ratio of Summit Materials?

The price-earnings ratio of Summit Materials is currently 1.11.

How has the price-earnings ratio of Summit Materials changed compared to last year?

The price-to-earnings ratio of Summit Materials has increased by -24.49% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Summit Materials high compared to other companies?

Yes, the price-to-earnings ratio of Summit Materials is high compared to other companies.

How does an increase in the price-earnings ratio of Summit Materials affect the company?

An increase in the price-earnings ratio of Summit Materials would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Summit Materials affect the company?

A decrease in the price-earnings ratio of Summit Materials would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Summit Materials?

Some factors that influence the price-earnings ratio of Summit Materials are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Summit Materials pay?

Over the past 12 months, Summit Materials paid a dividend of 0.01 USD . This corresponds to a dividend yield of about 0.03 %. For the coming 12 months, Summit Materials is expected to pay a dividend of 0.05 USD.

What is the dividend yield of Summit Materials?

The current dividend yield of Summit Materials is 0.03 %.

When does Summit Materials pay dividends?

Summit Materials pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Summit Materials?

Summit Materials paid dividends every year for the past 3 years.

What is the dividend of Summit Materials?

For the upcoming 12 months, dividends amounting to 0.05 USD are expected. This corresponds to a dividend yield of 0.11 %.

In which sector is Summit Materials located?

Summit Materials is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Summit Materials kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Summit Materials from 12/22/2017 amounting to 0.014 USD, you needed to have the stock in your portfolio before the ex-date on 12/7/2017.

When did Summit Materials pay the last dividend?

The last dividend was paid out on 12/22/2017.

What was the dividend of Summit Materials in the year 2023?

In the year 2023, Summit Materials distributed 0 USD as dividends.

In which currency does Summit Materials pay out the dividend?

The dividends of Summit Materials are distributed in USD.

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Andere Kennzahlen von Summit Materials

Our stock analysis for Summit Materials Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Summit Materials Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.