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1 Comment
Fletcher Building Limited is currently in a long term uptrend where the price is trading 14.7% above its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.8.
Fletcher Building Limited's total revenue rose by 0.7% to $4B since the same quarter in the previous year.
Its net income has increased by 47.6% to $121M since the same quarter in the previous year.
Finally, its free cash flow grew by 242.4% to $173M since the same quarter in the previous year.
Based on the above factors, Fletcher Building Limited gets an overall score of 5/5.
Sector | Basic Materials |
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Industry | Building Materials |
Exchange | AU |
CurrencyCode | AUD |
ISIN | NZFBUE0001S0 |
Beta | 0.88 |
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Market Cap | 3B |
PE Ratio | None |
Target Price | 3.0533 |
Dividend Yield | None |
Fletcher Building Limited, together with its subsidiaries, engages in the manufacture and distribution of building products in New Zealand, Australia, and internationally. It operates through Building Products, Distribution, Concrete, Australia, Residential and Development, and Construction segments. The Building Products segment manufactures, distributes, and markets building products, including insulations, plasterboards, steel products, laminate surfaces, and plastic and concrete piping used to build homes, buildings, and infrastructure for the commercial and residential markets. The Distribution segment distributes building and plumbing products, as well as bathroom products, such as piping, valves, and vanities under the PlaceMakers, Mico, and TUMU brands. The Concrete segment engages in the extraction of aggregates, and production of cement, ready-mix concrete, and concrete products, as well as pre-cast and concrete pipes. The Australia segment manufactures and distributes building materials, such as insulation, plasterboard, laminate surfaces, steel roofing, and plastic piping for a range of industries across Australia. The Residential and Development segment builds and sells residential homes and apartments; develops and sells commercial and residential land; manages retirement village assets; and sells land properties. The Construction segment is involved in the provision of design, building, civil construction, ground engineering, and maintenance services for infrastructure projects comprising roads, residential developments, airports, ports, and windfarms, as well as treatment, storage, and distribution infrastructure projects; pipeline rehabilitation and screw piling solutions; and supply of asphalt and bitumen to the industry. The company was founded in 1909 and is headquartered in Auckland, New Zealand.
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