Summit Materials Stock Performance
| SUM Stock | USD 50.94 0.15 0.29% |
On a scale of 0 to 100, Summit Materials holds a performance score of 18. The entity has a beta of 1.53, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Summit Materials will likely underperform. Please check Summit Materials' value at risk, as well as the relationship between the kurtosis and market facilitation index , to make a quick decision on whether Summit Materials' existing price patterns will revert.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Summit Materials are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Summit Materials displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (0.29) | Five Day Return 0.37 | Year To Date Return 33.11 | Ten Year Return 155.79 | All Time Return 155.79 |
Last Split Factor 1017:1000 | Last Split Date 2022-12-14 |
1 | Summit expands niobium footprint in Brazil | 09/24/2024 |
2 | Disposition of 3738 shares by Anderson Craig Scott of Summit Materials subject to Rule 16b-3 | 10/04/2024 |
3 | Summit Materials Inc Trading 3.52 percent Higher on Oct 15 | 10/15/2024 |
4 | Heres What Key Metrics Tell Us About Summit Materials Q3 Earnings | 10/31/2024 |
5 | There Might Be More To Summit Materials Story Than Just Weak Earnings | 11/08/2024 |
6 | Summit Materials Responds to Media Reports | 11/21/2024 |
7 | SHAREHOLDER ALERT The MA Class Action Firm Investigates the Merger of Summit Materials, Inc. - SUM | 11/25/2024 |
8 | Summit Announces Agreement to be Acquired by Quikrete for 11.5B | 11/26/2024 |
9 | Summit Materials, Inc. Is Being Investigated For Securities Fraud And Affected Investors Are Invited To Join The Schall Law Firm | 11/27/2024 |
| Begin Period Cash Flow | 520.5 M |
Summit |
Summit Materials Relative Risk vs. Return Landscape
If you would invest 3,777 in Summit Materials on September 2, 2024 and sell it today you would earn a total of 1,317 from holding Summit Materials or generate 34.87% return on investment over 90 days. Summit Materials is generating 0.4902% of daily returns assuming volatility of 2.1188% on return distribution over 90 days investment horizon. In other words, 18% of stocks are less volatile than Summit, and above 91% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Summit Materials Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Summit Materials' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Summit Materials, and traders can use it to determine the average amount a Summit Materials' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2313
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| Small Returns | SUM | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.12 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Summit Materials is performing at about 18% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Summit Materials by adding it to a well-diversified portfolio.
Summit Materials Fundamentals Growth
Summit Stock prices reflect investors' perceptions of the future prospects and financial health of Summit Materials, and Summit Materials fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Summit Stock performance.
| Return On Equity | 0.0436 | ||||
| Return On Asset | 0.0464 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.17 % | ||||
| Current Valuation | 11.09 B | ||||
| Shares Outstanding | 175.6 M | ||||
| Price To Earning | 25.03 X | ||||
| Price To Book | 2.01 X | ||||
| Price To Sales | 2.39 X | ||||
| Revenue | 2.62 B | ||||
| Gross Profit | 649.35 M | ||||
| EBITDA | 726.17 M | ||||
| Net Income | 285.86 M | ||||
| Cash And Equivalents | 520.45 M | ||||
| Cash Per Share | 3.93 X | ||||
| Total Debt | 2.33 B | ||||
| Debt To Equity | 0.81 % | ||||
| Current Ratio | 3.17 X | ||||
| Book Value Per Share | 25.32 X | ||||
| Cash Flow From Operations | 438.86 M | ||||
| Earnings Per Share | 0.85 X | ||||
| Market Capitalization | 8.97 B | ||||
| Total Asset | 5.15 B | ||||
| Retained Earnings | 876.75 M | ||||
| Working Capital | 1.41 B | ||||
| Current Asset | 472.53 M | ||||
| Current Liabilities | 214.5 M | ||||
About Summit Materials Performance
By examining Summit Materials' fundamental ratios, stakeholders can obtain critical insights into Summit Materials' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Summit Materials is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 50.59 | 52.88 | |
| Return On Tangible Assets | 0.08 | 0.08 | |
| Return On Capital Employed | 0.06 | 0.04 | |
| Return On Assets | 0.06 | 0.06 | |
| Return On Equity | 0.12 | 0.13 |
Things to note about Summit Materials performance evaluation
Checking the ongoing alerts about Summit Materials for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Summit Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 71.0% of the company shares are owned by institutional investors | |
| Latest headline from accesswire.com: Summit Materials, Inc. Is Being Investigated For Securities Fraud And Affected Investors Are Invited To Join The Schall Law Firm |
- Analyzing Summit Materials' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Summit Materials' stock is overvalued or undervalued compared to its peers.
- Examining Summit Materials' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Summit Materials' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Summit Materials' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Summit Materials' stock. These opinions can provide insight into Summit Materials' potential for growth and whether the stock is currently undervalued or overvalued.
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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.