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Forecast

The analysts' average price target is €42.28 (-17.03%). The median is €44.45 (-12.77%).

Buy	9
Hold	16
Sell	1

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Quikrete rises to $18 billion family valuation after Summit Materials acquisition

Quikrete’s Winchester family is now estimated to be worth about $18 billion after the privately held firm paid $11.5 billion for Summit Materials, a deal that increased pro forma revenue to roughly $12 billion and pushed combined pro forma EBITDA above $3 billion. The company’s string of acquisitions has expanded Quikrete from packaged concrete into cement, aggregates and ready-mix businesses, positioning it alongside major public peers. The Summit deal was largely debt-financed, leaving Quikrete with about $13.7 billion of debt and annual cash interest near $1.1 billion, while ratings agencies still note strong operating margins and near-term revenue growth. » More on forbes.com

Historical dividends Dividends

All dividend metrics All metrics

In 2022, Summit Materials Inc A has already paid €0.0159 in dividends. The last payout was in December 2022.

Financials

In the last year, Summit Materials Inc A had revenue of €2.37bn and net profit of €258.59m

(EUR)	2023	YoY
Revenue	2.37bn	5.36%
Gross profit	684.84m	13.13%
Net profit	258.59m	1.92%
EBITDA	656.9m	6.61%

Fundamentals

Metric	Value
Market capitalization	€8.37bn
Number of shares	175.81m
52-week high/low	€49.05 - €31.42
Dividends	No
Beta	1.14
P/E ratio	21.87
PEG ratio	-0.32
P/B ratio	2.71
P/S ratio	3.52

Company profile

Summit Materials, Inc., through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, and residential and nonresidential end 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 asphalt paving and related services to the private and public infrastructure sectors. In addition, the company operates municipal waste, construction, and demolition debris landfills; and liquid asphalt terminals. It has operations in the United States; and in British Columbia, Canada. The company was founded in 2009 and is headquartered in Denver, Colorado.

Name	Summit Materials Inc A
CEO	Anne P. Noonan
Headquarters	Denver, co USA
Website	summit-materials.com
Sector	Materials
Industry	Energy Equipment & Services
IPO	12/12/2017
Employees	5,300