Summit Historical Valuation

SUM Stock  USD 50.74  0.18  0.35%   
Some fundamental drivers such as market cap or Summit Materials enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Summit Materials valuation indicators such as to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Summit Materials's future value.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.

About Summit Valuation Data Analysis

Valuation is the financial process of determining what Summit Materials is worth. Summit Materials valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Summit Materials valuation ratios help investors to determine whether Summit Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Summit with respect to the benefits of owning Summit Materials security.

Summit Materials Valuation Data Chart

As of the 3rd of December 2024, Market Cap is likely to drop to about 1.7 B. In addition to that, Enterprise Value is likely to drop to about 2.8 B

Enterprise Value

Enterprise Value (or EV) is usually referred to as Summit Materials theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Summit Materials debt, but would also pocket its cash. Enterprise Value is more accurate representation of Summit Materials value than its market capitalization because it takes into account all of Summit Materials existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

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When determining whether Summit Materials is a strong investment it is important to analyze Summit Materials' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Summit Materials' future performance. For an informed investment choice regarding Summit Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Construction Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Summit Materials. If investors know Summit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit Materials listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.69)
Earnings Share
0.85
Revenue Per Share
23.53
Quarterly Revenue Growth
0.474
Return On Assets
0.0464
The market value of Summit Materials is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Materials' value that differs from its market value or its book value, called intrinsic value, which is Summit Materials' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit Materials' market value can be influenced by many factors that don't directly affect Summit Materials' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Summit Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Materials' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.