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Patrick Industries Inc PATK

Morningstar Rating
$116.36 +1.26 (1.09%)
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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 2% discount.
Price
$116.23
Fair Value
$321.39
Uncertainty
High
1-Star Price
$715.36
5-Star Price
$76.35
Economic Moat
Lxxx
Capital Allocation
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News

Trading Information

Previous Close Price
$115.10
Day Range
$115.43117.58
52-Week Range
$63.57117.58
Bid/Ask
$116.32 / $116.50
Market Cap
$2.58 Bil
Volume/Avg
184,641 / 168,660

Key Statistics

Price/Earnings (Normalized)
17.13
Price/Sales
0.74
Dividend Yield (Trailing)
1.72%
Dividend Yield (Forward)
1.89%
Total Yield
3.36%

Company Profile

Patrick Industries Inc makes and sells building products and materials for recreational vehicles and manufactured housing. The company is organized into two segments based on product type: manufacturing and distribution. The manufacturing segment, which generates the majority of revenue, sells laminated and vinyl products that include furniture, shelving, cabinets, bath fixtures, and countertops. The distribution segment sells prefinished wall and ceiling panels, as well as electrical and plumbing products for the RV and manufactured-housing industries. One of the firm's RV customers makes up a significant portion of revenue. Nearly all of Patrick Industries' revenue comes from North America.
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
Stock Style Box
Small Value
Total Number of Employees
11,000

Comparables

Valuation

Metric
PATK
603216
603208
Price/Earnings (Normalized)
17.13
Price/Book Value
2.461.343.38
Price/Sales
0.741.791.28
Price/Cash Flow
8.279.998.32
Price/Earnings
PATK
603216
603208

Financial Strength

Metric
PATK
603216
603208
Quick Ratio
0.772.631.08
Current Ratio
2.422.881.31
Interest Coverage
3.9053.852.03
Quick Ratio
PATK
603216
603208

Profitability

Metric
PATK
603216
603208
Return on Assets (Normalized)
6.05%4.54%−1.90%
Return on Equity (Normalized)
17.10%5.94%−5.65%
Return on Invested Capital (Normalized)
9.13%6.09%−2.88%
Return on Assets
PATK
603216
603208
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Economic Moat
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TPX
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MHK
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WHR
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HWDJF
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