PATK Valuation

Patrick Industries Inc

Add to Watchlist

Advanced Chart

111.110

-0.05(-0.045%)1D

Overview
Forecast
Valuation
Earnings

PATK Relative Valuation

PATK's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, PATK is overvalued; if below, it's undervalued.

Historical Valuation

Patrick Industries Inc (PATK) is now in the Overvalued zone, suggesting that its current forward PE ratio of 23.32 is considered Overvalued compared with the five-year average of 11.48. The fair price of Patrick Industries Inc (PATK) is between 44.70 to 78.21 according to relative valuation methord. Compared to the current price of 110.39 USD , Patrick Industries Inc is Overvalued By 41.14%.

Relative Value

Fair Zone

44.70-78.21

Current Price：110.39

41.14%

Overvalued

23.07

Trailing

Forward

10.72

EV/EBITDA

Patrick Industries Inc. (PATK) has a current EV/EBITDA of 10.72. The 5-year average EV/EBITDA is 7.32. The thresholds are as follows: Strongly Undervalued below 4.59, Undervalued between 4.59 and 5.95, Fairly Valued between 8.68 and 5.95, Overvalued between 8.68 and 10.04, and Strongly Overvalued above 10.04. The current Forward EV/EBITDA of 10.72 falls within the Strongly Overvalued range.

17.52

EV/EBIT

Patrick Industries Inc. (PATK) has a current EV/EBIT of 17.52. The 5-year average EV/EBIT is 10.81. The thresholds are as follows: Strongly Undervalued below 4.98, Undervalued between 4.98 and 7.89, Fairly Valued between 13.73 and 7.89, Overvalued between 13.73 and 16.64, and Strongly Overvalued above 16.64. The current Forward EV/EBIT of 17.52 falls within the Strongly Overvalued range.

0.97

Patrick Industries Inc. (PATK) has a current PS of 0.97. The 5-year average PS is 0.53. The thresholds are as follows: Strongly Undervalued below 0.20, Undervalued between 0.20 and 0.36, Fairly Valued between 0.69 and 0.36, Overvalued between 0.69 and 0.86, and Strongly Overvalued above 0.86. The current Forward PS of 0.97 falls within the Strongly Overvalued range.

16.52

P/OCF

Patrick Industries Inc. (PATK) has a current P/OCF of 16.52. The 5-year average P/OCF is 5.98. The thresholds are as follows: Strongly Undervalued below 1.38, Undervalued between 1.38 and 3.68, Fairly Valued between 8.28 and 3.68, Overvalued between 8.28 and 10.59, and Strongly Overvalued above 10.59. The current Forward P/OCF of 16.52 falls within the Strongly Overvalued range.

24.93

P/FCF

Patrick Industries Inc. (PATK) has a current P/FCF of 24.93. The 5-year average P/FCF is 7.69. The thresholds are as follows: Strongly Undervalued below 1.30, Undervalued between 1.30 and 4.49, Fairly Valued between 10.88 and 4.49, Overvalued between 10.88 and 14.08, and Strongly Overvalued above 14.08. The current Forward P/FCF of 24.93 falls within the Strongly Overvalued range.

Patrick Industries Inc (PATK) has a current Price-to-Book (P/B) ratio of 3.27. Compared to its 3-year average P/B ratio of 2.10 , the current P/B ratio is approximately 55.97% higher. Relative to its 5-year average P/B ratio of 2.31, the current P/B ratio is about 41.59% higher. Patrick Industries Inc (PATK) has a Forward Free Cash Flow (FCF) yield of approximately 7.14%. Compared to its 3-year average FCF yield of 16.24%, the current FCF yield is approximately -56.02% lower. Relative to its 5-year average FCF yield of 13.29% , the current FCF yield is about -46.27% lower.

3.24

P/B

Median3y

2.10

Median5y

2.31

7.01

FCF Yield

Median3y

16.24

Median5y

13.29

Competitors Valuation Multiple

The average P/S ratio for PATK's competitors is 1.31, providing a benchmark for relative valuation. Patrick Industries Inc Corp (PATK) exhibits a P/S ratio of 0.97, which is -25.90% above the industry average. Given its robust revenue growth of 3.04%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

PATK.O

Patrick Industries Inc

Performance Decomposition

Market capitalization of PATK increased by 29.55% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 18.73 to 30.10.

The secondary factor is the Revenue Growth, contributed 3.04%to the performance.

Overall, the performance of PATK in the past 1 year is driven by P/E Change. Which is more unsustainable.

3.04%

1.02B → 1.05B

Revenue Growth

-34.18%

4.71 → 3.10

Margin Expansion

60.69%

18.73 → 30.10

P/E Change

29.55%