(BXC) BlueLinx Holdings - NYSE
Sector: Industrials | Industry: Industrial Distribution | Exchange: NYSE (USA) | Market Cap: 432m USD | Total Return: -19.9% in 12m
Avg Turnover: 5.46M
EPS Trend: -92.2%
Qual. Beats: 1
Rev. Trend: -78.9%
Qual. Beats: 1
Warnings
High Debt/EBITDA (8.7) with thin interest coverage (0.9)
Interest Coverage Ratio 0.9 is critical
Choppy
Tailwinds
No distinct edge detected
BlueLinx Holdings Inc. (BXC) is a Marietta-based wholesale distributor of residential and commercial building materials across the United States. The company manages a dual inventory strategy, providing specialty products such as engineered wood and siding alongside structural commodities like lumber, plywood, and rebar. This two-tiered model allows the company to serve a diverse customer base ranging from national home centers to industrial manufacturers.
The building products distribution sector operates as a critical link in the construction supply chain, often characterized by high volume and sensitivity to housing start data. Unlike direct manufacturers, distributors like BlueLinx mitigate localized supply risks by utilizing a network of warehouse, reload, and direct sales channels to maintain inventory flow. Investors should consult ValueRay for further data on these market dynamics.
- U.S. housing starts and residential remodeling activity drive specialty product volume
- Fluctuations in structural wood commodity prices impact gross margins and revenue
- Shift toward high-margin specialty products improves long-term profitability and cash flow
- Mortgage rate volatility influences demand from national home centers and pro dealers
- Logistics and fuel costs affect distribution efficiency and overall operating expenses
| Net Income: -4.04m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -2.02 > 1.0 |
| NWC/Revenue: 26.10% < 20% (prev 30.17%; Δ -4.07% < -1%) |
| CFO/TA 0.02 > 3% & CFO 36.5m > Net Income -4.04m |
| Net Debt (718.5m) to EBITDA (82.6m): 8.70 < 3 |
| Current Ratio: 3.90 > 1.5 & < 3 |
| Outstanding Shares: last quarter (7.95m) vs 12m ago -4.59% < -2% |
| Gross Margin: 15.03% > 18% (prev 16.10%; Δ -1.07% > 0.5%) |
| Asset Turnover: 184.2% > 50% (prev 179.7%; Δ 4.47% > 0%) |
| Interest Coverage Ratio: 0.87 > 6 (EBIT TTM 40.3m / Interest Expense TTM 46.1m) |
| A: 0.49 (Total Current Assets 1.04b - Total Current Liabilities 268.0m) / Total Assets 1.60b |
| B: 0.33 (Retained Earnings 521.0m / Total Assets 1.60b) |
| C: 0.02 (EBIT TTM 40.3m / Avg Total Assets 1.62b) |
| D: 0.63 (Book Value of Equity 615.5m / Total Liabilities 982.5m) |
| Altman-Z'' = 5.08 = AAA |
| DSRI: 1.06 (Receivables 296.7m/275.6m, Revenue 2.98b/2.94b) |
| GMI: 1.07 (GM 16.10% / 15.03%) |
| AQI: 1.54 (AQ_t 0.14 / AQ_t-1 0.09) |
| SGI: 1.01 (Revenue 2.98b / 2.94b) |
| TATA: -0.03 (NI -4.04m - CFO 36.5m) / TA 1.60b) |
| Beneish M = -2.58 (Cap -4..+1) = A |
As of June 15, 2026, the stock is trading at USD 55.06 with a total of 95,953 shares traded.
Over the past week, the price has changed by +9.46%,
over one month by +5.46%,
over three months by +8.58% and
over the past year by -19.89%.
BlueLinx Holdings has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy BXC.
- StrongBuy: 4
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 73.3 | 33.2% |
P/E Forward = 7.0323
P/S = 0.1452
P/B = 0.7022
P/EG = 2.1937
Revenue TTM = 2.98b USD
EBIT TTM = 40.3m USD
EBITDA TTM = 82.6m USD
Long Term Debt = 296.9m USD (from longTermDebt, last quarter)
Short Term Debt = 29.9m USD (from shortTermDebt, last quarter)
Debt = 1.04b USD (from shortLongTermDebtTotal, last quarter) + Leases 370.4m
Net Debt = 718.5m USD (calculated: Debt 1.04b - CCE 319.1m)
Enterprise Value = 1.15b USD (432.2m + Debt 1.04b - CCE 319.1m)
Interest Coverage Ratio = 0.87 (Ebit TTM 40.3m / Interest Expense TTM 46.1m)
EV/FCF = 40.49x (Enterprise Value 1.15b / FCF TTM 28.4m)
FCF Yield = 2.47% (FCF TTM 28.4m / Enterprise Value 1.15b)
FCF Margin = 0.95% (FCF TTM 28.4m / Revenue TTM 2.98b)
Net Margin = -0.14% (Net Income TTM -4.04m / Revenue TTM 2.98b)
Gross Margin = 15.03% ((Revenue TTM 2.98b - Cost of Revenue TTM 2.53b) / Revenue TTM)
Gross Margin QoQ = 15.92% (prev 15.73%)
Tobins Q-Ratio = 0.72 (Enterprise Value 1.15b / Total Assets 1.60b)
Interest Expense / Debt = 4.44% (Interest Expense 46.1m / Debt 1.04b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 31.8m (EBIT 40.3m * (1 - 21.00%))
Current Ratio = 3.90 (Total Current Assets 1.04b / Total Current Liabilities 268.0m)
Debt / Equity = 1.69 (Debt 1.04b / totalStockholderEquity, last quarter 615.5m)
Debt / EBITDA = 8.70 (Net Debt 718.5m / EBITDA 82.6m)
Debt / FCF = 25.28 (Net Debt 718.5m / FCF TTM 28.4m)
Total Stockholder Equity = 619.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -0.25% (Net Income -4.04m / Total Assets 1.60b)
RoE = -0.65% (Net Income TTM -4.04m / Total Stockholder Equity 619.3m)
RoCE = 4.40% (EBIT 40.3m / Capital Employed (Equity 619.3m + L.T.Debt 296.9m))
RoIC = 2.63% (NOPAT 31.8m / Invested Capital 1.21b)
WACC = 5.63% (E(432.2m)/V(1.47b) * Re(10.73%) + D(1.04b)/V(1.47b) * Rd(4.44%) * (1-Tc(0.21)))
Discount Rate = 10.73% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -96.61 | Cagr: -4.76%
[DCF] Terminal Value 73.10% ; FCFF base≈41.9m ; Y1≈36.7m ; Y5≈29.7m
[DCF] Fair Price = N/A (negative equity: EV 476.4m - Net Debt 718.5m = -242.1m; debt exceeds intrinsic value)
EPS Correlation: -92.25 | EPS CAGR: -70.61% | SUE: 2.49 | # QB: 1
Revenue Correlation: -78.94 | Revenue CAGR: -4.76% | SUE: 1.47 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.40 | Chg30d=-14.13% | Revisions=+0% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.34 | Chg30d=-10.78% | Revisions=-33% | Analysts=2
EPS current Year (2026-12-31): EPS=0.91 | Chg30d=+66.06% | Revisions=+33% | GrowthEPS=-6.7% | GrowthRev=+4.0%
EPS next Year (2027-12-31): EPS=2.31 | Chg30d=-15.85% | Revisions=-33% | GrowthEPS=+155.2% | GrowthRev=+5.1%
[Analyst] Revisions Ratio: -33%