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Upturn AI SWOT - About
Core & Main Inc (CNM)
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Upturn Advisory Summary
04/01/2025: CNM (3-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 34.13% | Avg. Invested days 57 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 9.78B USD | Price to earnings Ratio 23.18 | 1Y Target Price 59.79 |
Price to earnings Ratio 23.18 | 1Y Target Price 59.79 | ||
Volume (30-day avg) 2359336 | Beta 1.05 | 52 Weeks Range 37.22 - 62.15 | Updated Date 04/2/2025 |
52 Weeks Range 37.22 - 62.15 | Updated Date 04/2/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 2.13 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Earnings Date
Report Date 2025-03-25 | When - | Estimate 0.3581 | Actual 0.3437 |
Profitability
Profit Margin 5.52% | Operating Margin (TTM) 7.3% |
Management Effectiveness
Return on Assets (TTM) 8.22% | Return on Equity (TTM) 26.32% |
Valuation
Trailing PE 23.18 | Forward PE 21.93 | Enterprise Value 11883089174 | Price to Sales(TTM) 1.31 |
Enterprise Value 11883089174 | Price to Sales(TTM) 1.31 | ||
Enterprise Value to Revenue 1.6 | Enterprise Value to EBITDA 13.02 | Shares Outstanding 190059008 | Shares Floating 176552951 |
Shares Outstanding 190059008 | Shares Floating 176552951 | ||
Percent Insiders 0.35 | Percent Institutions 108.19 |
Analyst Ratings
Rating 4 | Target Price 60.92 | Buy 4 | Strong Buy 5 |
Buy 4 | Strong Buy 5 | ||
Hold 3 | Sell 1 | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Core & Main Inc
Company Overview
History and Background
Core & Main Inc. was formed as a standalone company in August 2017 when Clayton, Dubilier & Rice acquired the distribution business of HD Supply Waterworks. The company has since grown through organic expansion and acquisitions, establishing itself as a leading distributor of water, sewer, and fire protection products in North America.
Core Business Areas
- Waterworks: Distribution of water and wastewater transmission products, including pipes, valves, fittings, hydrants, and meters.
- Fire Protection: Distribution of fire protection products, including pipes, valves, fittings, and related accessories for fire suppression systems.
- Other: Other related products and services, such as storm drainage and engineered solutions.
Leadership and Structure
Steve LeClair serves as the Chairman, President and Chief Executive Officer. The company has a functional organizational structure with regional leadership.
Top Products and Market Share
Key Offerings
- Water & Sewer Pipe: Various types of pipes for water and sewer infrastructure. Market share varies regionally, with competition from Ferguson (FERG) and HD Supply (though HD Supply sold its waterworks business, it still competes in other areas).
- Valves & Fittings: Control valves, gate valves, butterfly valves, and other fittings for water and fire protection systems. Competitors include Ferguson (FERG) and multiple smaller regional players.
- Fire Protection Systems: Pipes, valves, and other components for fire suppression. Competitors include Ferguson (FERG), Victaulic, and Johnson Controls (JCI) through its fire protection division.
Market Dynamics
Industry Overview
The water and wastewater infrastructure market is driven by aging infrastructure, population growth, and increasing regulatory requirements. The fire protection market is driven by new construction and code compliance.
Positioning
Core & Main is a leading distributor in a fragmented market, benefiting from scale, national presence, and value-added services. It competes on product breadth, service, and geographic coverage.
Total Addressable Market (TAM)
The estimated TAM for water infrastructure is significant, exceeding $80 billion annually. Core & Main is well-positioned to capture a portion of this market with its national presence and product offerings.
Upturn SWOT Analysis
Strengths
- National scale and distribution network
- Broad product portfolio
- Strong customer relationships
- Experienced management team
- Leading Market Position
Weaknesses
- Exposure to economic cycles
- Dependence on construction activity
- Integration risks associated with acquisitions
Opportunities
- Further consolidation of fragmented market
- Increased infrastructure spending by government
- Expansion into new geographies and product lines
- Growing demand for water infrastructure upgrades
Threats
- Economic downturns
- Increased competition
- Fluctuations in raw material prices
- Changes in regulatory requirements
Competitors and Market Share
Key Competitors
- Ferguson (FERG)
- Mueller Water Products (MWA)
- HD Supply (though reduced scope)
Competitive Landscape
Core & Main benefits from its scale and national presence. Ferguson is a major competitor with a similar breadth of products. Mueller Water Products focuses on a narrower range of products, primarily for water infrastructure.
Major Acquisitions
Fusion Pipe Products Inc.
- Year: 2022
- Acquisition Price (USD millions): 73
- Strategic Rationale: Expands Core & Main's product portfolio and geographic reach in the fusible polyethylene pipe market.
Lynch Fluid Controls Inc.
- Year: 2024
- Acquisition Price (USD millions): 69
- Strategic Rationale: Significantly boosts its presence in the fire protection space
Growth Trajectory and Initiatives
Historical Growth: Core & Main's historical growth has been driven by organic expansion and strategic acquisitions.
Future Projections: Future growth projections are based on analyst estimates, including expansion and increases in regulatory spending on water infrastructure.
Recent Initiatives: Recent initiatives include acquisitions of complementary businesses and investments in digital capabilities.
Summary
Core & Main is a leading distributor in the water and fire protection market, benefiting from its scale and national presence. The company's growth is driven by infrastructure spending and acquisitions. Economic downturns and increased competition represent potential threats. They are strong through acquisitions and look to benefit from increases in US infrastructure spending. Core & Main will need to be aware of increased costs and inflation.
Similar Companies
FERG
Ferguson Plc
FERG
Ferguson Plc
JCI
Johnson Controls International PLC
JCI
Johnson Controls International PLC
MWA
Mueller Water Products
MWA
Mueller Water Products
Sources and Disclaimers
Data Sources:
- Company filings (10-K, 10-Q)
- Press releases
- Analyst reports
- Industry publications
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market share data is estimated and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Core & Main Inc
Exchange NYSE | Headquaters Saint Louis, MO, United States | ||
IPO Launch date 2021-07-22 | CEO - | ||
Sector Industrials | Industry Industrial Distribution | Full time employees 5700 | Website https://www.coreandmain.com |
Full time employees 5700 | Website https://www.coreandmain.com | ||
Core & Main, Inc. distributes water, wastewater, storm drainage, and fire protection products and related services in the United States. Its products portfolio include pipes, valves, hydrants, fittings, and other products and services used for service, repair and replacement of underground water infrastructure; storm drainage products, such as corrugated HDPE and metal piping systems, retention basins, inline drains, manholes, grates, geosynthetics, erosion control, and other related products; fire protection products, including fire protection pipes, valves, fittings, sprinkler heads and other accessories, as well as fabrication and kitting services; smart meter products; and smart metering solutions which include meter accessories, meter installation, network infrastructure and software installation, training, and long-term services, as well as engineered treatment plant products. The company's specialty products and services are used in the maintenance, repair, replacement, and construction of water, wastewater, storm drainage, and fire protection infrastructure. It serves municipalities, private water companies, and professional contractors in the municipal, non-residential, and residential end markets. Core & Main, Inc. was founded in 1874 and is headquartered in Saint Louis, Missouri.
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