(CNM) Core & Main - Ratings and Ratios
Pipes, Valves, Hydrants, Fittings, Smart Metering
CNM EPS (Earnings per Share)
CNM Revenue
Description: CNM Core & Main
Core & Main Inc (NYSE:CNM) is a leading distributor of water, wastewater, storm drainage, and fire protection products and services in the United States, serving municipalities, private water companies, and contractors across various end markets. The companys extensive product portfolio includes pipes, valves, hydrants, fittings, and smart metering solutions, which are used for the maintenance, repair, replacement, and construction of critical infrastructure.
From a business perspective, Core & Mains diversified product offerings and services enable it to capitalize on the growing demand for infrastructure development and replacement. The companys focus on smart metering solutions and engineered treatment plant products positions it for potential long-term growth, driven by increasing adoption of advanced technologies in the water infrastructure sector. Key performance indicators (KPIs) to monitor include revenue growth, gross margin expansion, and return on equity (ROE), which currently stands at 24.63%. Other relevant KPIs include the companys debt-to-equity ratio and operating cash flow margin.
In terms of market positioning, Core & Main operates within the Trading Companies & Distributors industry, with a market capitalization of approximately $12.3 billion. The companys valuation multiples, including a P/E ratio of 28.86 and forward P/E of 27.70, suggest a relatively high valuation compared to its earnings. Investors should consider these metrics in the context of the companys growth prospects, industry trends, and overall market conditions.
To further evaluate Core & Mains investment potential, it is essential to analyze its financial statements, management team, and industry trends. This includes reviewing the companys revenue segmentation, geographic presence, and competitive landscape to gain a more comprehensive understanding of its strengths, weaknesses, opportunities, and threats (SWOT analysis).
CNM Stock Overview
| Market Cap in USD | 9,609m |
| Sub-Industry | Trading Companies & Distributors |
| IPO / Inception | 2021-07-22 |
CNM Stock Ratings
| Growth Rating | 81.4% |
| Fundamental | 73.1% |
| Dividend Rating | - |
| Return 12m vs S&P 500 | -3.05% |
| Analyst Rating | 4.07 of 5 |
CNM Dividends
Currently no dividends paidCNM Growth Ratios
| Growth Correlation 3m | 27.8% |
| Growth Correlation 12m | 76.2% |
| Growth Correlation 5y | 82.1% |
| CAGR 5y | 29.49% |
| CAGR/Max DD 3y | 0.76 |
| CAGR/Mean DD 3y | 3.67 |
| Sharpe Ratio 12m | -0.01 |
| Alpha | 0.00 |
| Beta | 0.057 |
| Volatility | 33.99% |
| Current Volume | 2924.5k |
| Average Volume 20d | 2069.4k |
| Stop Loss | 47.2 (-3.9%) |
| Signal | -0.95 |
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income (431.0m TTM) > 0 and > 6% of Revenue (6% = 464.4m TTM) |
| FCFTA 0.09 (>2.0%) and ΔFCFTA -3.40pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 18.00% (prev 18.73%; Δ -0.73pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.10 (>3.0%) and CFO 606.0m > Net Income 431.0m (YES >=105%, WARN >=100%) |
| Net Debt (2.51b) to EBITDA (926.0m) ratio: 2.71 <= 3.0 (WARN <= 3.5) |
| Current Ratio 2.25 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (198.3m) change vs 12m ago -2.15% (target <= -2.0% for YES) |
| Gross Margin 26.67% (prev 26.74%; Δ -0.07pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 124.8% (prev 114.3%; Δ 10.47pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 5.50 (EBITDA TTM 926.0m / Interest Expense TTM 133.0m) >= 6 (WARN >= 3) |
Altman Z'' 2.73
| (A) 0.22 = (Total Current Assets 2.51b - Total Current Liabilities 1.12b) / Total Assets 6.31b |
| (B) 0.10 = Retained Earnings (Balance) 642.0m / Total Assets 6.31b |
| (C) 0.12 = EBIT TTM 731.0m / Avg Total Assets 6.20b |
| (D) 0.15 = Book Value of Equity 643.0m / Total Liabilities 4.34b |
| Total Rating: 2.73 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 73.14
| 1. Piotroski 6.0pt = 1.0 |
| 2. FCF Yield 4.73% = 2.37 |
| 3. FCF Margin 7.29% = 1.82 |
| 4. Debt/Equity 1.24 = 1.78 |
| 5. Debt/Ebitda 2.52 = -0.99 |
| 6. ROIC - WACC (= 8.39)% = 10.48 |
| 7. RoE 24.63% = 2.05 |
| 8. Rev. Trend 56.51% = 4.24 |
| 9. EPS Trend 7.64% = 0.38 |
What is the price of CNM shares?
Over the past week, the price has changed by +1.09%, over one month by -24.28%, over three months by -11.72% and over the past year by +14.91%.
Is Core & Main a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of CNM is around 53.01 USD . This means that CNM is currently overvalued and has a potential downside of 7.99%.
Is CNM a buy, sell or hold?
- Strong Buy: 6
- Buy: 4
- Hold: 3
- Sell: 1
- Strong Sell: 0
What are the forecasts/targets for the CNM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 59.1 | 20.3% |
| Analysts Target Price | 59.1 | 20.3% |
| ValueRay Target Price | 58.8 | 19.8% |
Last update: 2025-09-14 02:01
CNM Fundamental Data Overview
CCE Cash And Equivalents = 25.0m USD (Cash And Short Term Investments, last quarter)
P/E Trailing = 21.7277
P/E Forward = 20.5761
P/S = 1.2414
P/B = 4.9209
Beta = 1.04
Revenue TTM = 7.74b USD
EBIT TTM = 731.0m USD
EBITDA TTM = 926.0m USD
Long Term Debt = 2.23b USD (from longTermDebt, last quarter)
Short Term Debt = 97.0m USD (from shortTermDebt, last quarter)
Debt = 2.33b USD (Calculated: Short Term 97.0m + Long Term 2.23b)
Net Debt = 2.51b USD (from netDebt column, last quarter)
Enterprise Value = 11.91b USD (9.61b + Debt 2.33b - CCE 25.0m)
Interest Coverage Ratio = 5.50 (Ebit TTM 731.0m / Interest Expense TTM 133.0m)
FCF Yield = 4.73% (FCF TTM 564.0m / Enterprise Value 11.91b)
FCF Margin = 7.29% (FCF TTM 564.0m / Revenue TTM 7.74b)
Net Margin = 5.57% (Net Income TTM 431.0m / Revenue TTM 7.74b)
Gross Margin = 26.67% ((Revenue TTM 7.74b - Cost of Revenue TTM 5.68b) / Revenue TTM)
Tobins Q-Ratio = 18.53 (Enterprise Value 11.91b / Book Value Of Equity 643.0m)
Interest Expense / Debt = 1.33% (Interest Expense 31.0m / Debt 2.33b)
Taxrate = 24.78% (143.0m / 577.0m)
NOPAT = 549.8m (EBIT 731.0m * (1 - 24.78%))
Current Ratio = 2.25 (Total Current Assets 2.51b / Total Current Liabilities 1.12b)
Debt / Equity = 1.24 (Debt 2.33b / last Quarter total Stockholder Equity 1.89b)
Debt / EBITDA = 2.52 (Net Debt 2.51b / EBITDA 926.0m)
Debt / FCF = 4.13 (Debt 2.33b / FCF TTM 564.0m)
Total Stockholder Equity = 1.75b (last 4 quarters mean)
RoA = 6.83% (Net Income 431.0m, Total Assets 6.31b )
RoE = 24.63% (Net Income TTM 431.0m / Total Stockholder Equity 1.75b)
RoCE = 18.35% (Ebit 731.0m / (Equity 1.75b + L.T.Debt 2.23b))
RoIC = 13.59% (NOPAT 549.8m / Invested Capital 4.05b)
WACC = 5.20% (E(9.61b)/V(11.94b) * Re(6.22%)) + (D(2.33b)/V(11.94b) * Rd(1.33%) * (1-Tc(0.25)))
Shares Correlation 3-Years: -93.94 | Cagr: -1.95%
Discount Rate = 6.22% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 70.59% ; FCFE base≈639.6m ; Y1≈422.4m ; Y5≈195.4m
Fair Price DCF = 20.11 (DCF Value 3.83b / Shares Outstanding 190.7m; 5y FCF grow -39.58% → 3.0% )
EPS Correlation: 7.64 | EPS CAGR: 1.61% | SUE: -1.51 | # QB: 0
Revenue Correlation: 56.51 | Revenue CAGR: 5.26% | SUE: N/A | # QB: None
Additional Sources for CNM Stock
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Fund Manager Positions: Dataroma | Stockcircle