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NASDAQ: PATK
Patrick Industries Inc Stock

$103.50-1.65 (-1.57%)
Updated Jun 14, 2024
PATK Price
$103.50
Fair Value Price
$159.45
Market Cap
$2.32B
52 Week Low
$70.15
52 Week High
$123.58
P/E
15.07x
P/B
2.19x
P/S
0.74x
PEG
1.02x
Dividend Yield
2.03%
Revenue
$3.50B
Earnings
$147.82M
Gross Margin
22.6%
Operating Margin
7.52%
Profit Margin
4.2%
Debt to Equity
1.87
Operating Cash Flow
$445M
Beta
1.55
Next Earnings
Jul 25, 2024
Ex-Dividend
Jun 3, 2024
Next Dividend
Jun 17, 2024

PATK Overview

Patrick Industries, Inc. manufactures and distributes components, building products, and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States, China, and Canada. Its Manufacturing segment manufactures and sells furniture, shelving, wall, countertop, and cabinet product; cabinet door, fiberglass bath fixture, and tile system; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum product; fiberglass and plastic components; RV painting; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinet; polymer-based flooring product; dash panels; and other products. This segment also provides wrapped vinyl, paper, and hardwood profile moulding; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat covers, tower, top, and frame; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite part, marine hardware; slotwall panels, components; and other products. The company's Distribution segment distributes pre-finished wall and ceiling panel, drywall and finishing product, electronic, audio system component, appliance, marine accessories, wiring product, electrical and plumbing product, fiber reinforced polyester product; cement siding product, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring product, shower door, furniture, fireplace and surround, interior and exterior lighting product, and other products. This segment also offers transportation and logistics service. The company was founded in 1959 and is headquartered in Elkhart, Indiana.

Zen Score

Industry Average (33)
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Due Diligence Checks

PATK ($103.50) is undervalued by 35.09% relative to our estimate of its Fair Value price of $159.45 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
PATK ($103.50) is significantly undervalued by 35.09% relative to our estimate of its Fair Value price of $159.45 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
PATK ($103.50) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more PATK due diligence checks available for Premium users.

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PATK News

Valuation

PATK fair value

Fair Value of PATK stock based on Discounted Cash Flow (DCF)
Price
$103.50
Fair Value
$160.96
Undervalued by
35.70%
PATK ($103.50) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
PATK ($103.50) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
PATK ($103.50) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

PATK price to earnings (PE)

For valuing profitable companies with steady earnings
Company
15.07x
Industry
19.86x
Market
30.51x
PATK is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
PATK is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

PATK price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
2.19x
Industry
2.16x
PATK is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

PATK price to earnings growth (PEG)

For valuing profitable companies with growth potential
PATK is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

PATK's financial health

Profit margin

Revenue
$933.5M
Net Income
$35.1M
Profit Margin
3.8%
PATK's Earnings (EBIT) of $263.31M... subscribe to Premium to read more.
Interest Coverage Financials
PATK's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$3.0B
Liabilities
$2.0B
Debt to equity
1.87
PATK's short-term assets ($859.37M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
PATK's long-term liabilities ($1.61B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
PATK's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
PATK's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$35.2M
Investing
-$370.7M
Financing
$341.7M
PATK's operating cash flow ($444.80M)... subscribe to Premium to read more.
Debt Coverage Financials

PATK vs Furnishings Fixture & Appliance Stocks

TickerMarket Cap1d %P/EP/B
PATK$2.32B-1.57%15.07x2.19x
MBC$1.98B-1.27%10.77x1.61x
MLKN$1.80B-1.30%25.60x1.29x
LEG$1.48B-2.72%-9.54x1.15x
LZB$1.44B-3.02%12.35x1.47x

Patrick Industries Stock FAQ

What is Patrick Industries's quote symbol?

(NASDAQ: PATK) Patrick Industries trades on the NASDAQ under the ticker symbol PATK. Patrick Industries stock quotes can also be displayed as NASDAQ: PATK.

If you're new to stock investing, here's how to buy Patrick Industries stock.

What is the 52 week high and low for Patrick Industries (NASDAQ: PATK)?

(NASDAQ: PATK) Patrick Industries's 52-week high was $123.58, and its 52-week low was $70.15. It is currently -16.25% from its 52-week high and 47.54% from its 52-week low.

How much is Patrick Industries stock worth today?

(NASDAQ: PATK) Patrick Industries currently has 22,401,501 outstanding shares. With Patrick Industries stock trading at $103.50 per share, the total value of Patrick Industries stock (market capitalization) is $2.32B.

Patrick Industries stock was originally listed at a price of $6.56 in Dec 31, 1997. If you had invested in Patrick Industries stock at $6.56, your return over the last 26 years would have been 1,478.71%, for an annualized return of 11.2% (not including any dividends or dividend reinvestments).

How much is Patrick Industries's stock price per share?

(NASDAQ: PATK) Patrick Industries stock price per share is $103.50 today (as of Jun 14, 2024).

What is Patrick Industries's Market Cap?

(NASDAQ: PATK) Patrick Industries's market cap is $2.32B, as of Jun 15, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Patrick Industries's market cap is calculated by multiplying PATK's current stock price of $103.50 by PATK's total outstanding shares of 22,401,501.
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