Patrick Industries Inc PATK

Morningstar Rating
$86.70 +0.98 (1.14%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

PATK is trading at a 565% premium.
Price
$86.75
Fair Value
$45.34
Uncertainty
Pjrh
1-Star Price
$145.73
5-Star Price
$47.57
Economic Moat
Zwgxqvs
Capital Allocation

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Trading Information

Previous Close Price
$85.72
Day Range
$86.5388.28
52-Week Range
$82.35148.50
Bid/Ask
$74.53 / $95.00
Shares Outstanding
32.89M
Market Cap
$2.85B
Volume/Avg
254,740 / 484,144

Key Statistics

Price/Earnings (Normalized)
19.28
Price/Sales
0.76
Dividend Yield (Trailing)
2.06%
Dividend Yield (Forward)
2.14%
Total Yield
3.43%

Company Profile

Patrick Industries Inc is a component solutions provider for the recreational vehicle (RV), marine, powersports, manufactured housing (MH), and various industrial markets, including single and multi-family housing, hospitality, institutional, and commercial markets. The company operates within two reportable segments, Manufacturing and Distribution. The majority of its revenue is generated from the Manufacturing segment, which offers laminated products utilized to produce furniture, shelving, walls, and countertops; fabricated aluminum products; cabinet products, doors, components, and custom cabinetry; interior passage doors and baggage doors; RV and marine furniture, etc. Geographically, the company mainly operates in the United States, with a small presence in Mexico, China, and Canada.
Sector
Consumer Cyclical
Industry
Recreational Vehicles
Stock Style Box
Small Core
Total Number of Employees
10,000

Valuation

Metric
PATK
Price/Earnings (Normalized)
19.28
Price/Book Value
2.39
Price/Sales
0.76
Price/Cash Flow
8.04
Price/Earnings
PATK

Financial Strength

Metric
PATK
Quick Ratio
0.86
Current Ratio
2.71
Interest Coverage
3.40
Quick Ratio
PATK

Profitability

Metric
PATK
Return on Assets (Normalized)
4.82%
Return on Equity (Normalized)
13.00%
Return on Invested Capital (Normalized)
7.68%
Return on Assets
PATK

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