Based on the provided data, here's an analysis of whether BLD (TopBuild Corp) is overvalued:
Current Market Position
TopBuild is currently trading at $331, showing a +1.28% gain in the last regular market session .
Valuation Analysis
The stock's key valuation metrics for Q3 2024 show:
- P/E: 20.57x
- EV/EBITDA: 12.80x
- P/S: 2.40x
- P/B: 5.68x
Analyst Consensus
Recent analyst actions indicate mixed sentiment but generally positive outlook, with multiple "Strong Buy" ratings and price targets ranging from $381 to $475, suggesting 13-23% upside potential from current levels.
Based on the comprehensive analysis of valuation metrics, analyst ratings, and recent market performance, TopBuild (BLD) appears fairly valued at current levels, with its P/E ratio of 20.57x being reasonable for a company in the building products industry. The strong analyst support with multiple price targets above current trading levels suggests the stock still has room for growth, and recent institutional coverage maintains predominantly positive ratings despite some downgrades. The company's solid EV/EBITDA multiple of 12.80x indicates efficient operations relative to enterprise value.