Obermatt

TopBuild

NYQ:BLD · US89055F1030
Household DurablesLarge

360

40
EV / EBIT25
Price / Owner Earnings26
Owner Earnings Yield33
Dividend Yield1
Price/Sales12
EV / Gross Profit4
Price/Book21
Return on Capital85
Cash Return on Capital65
Return on Equity89
EBIT Margin79
Gross Profitability59
Cash Conversion77
Accruals1
Owner Earnings Margin77
Sales growth87
Profit Growth79
Long-Term EPS Growth41
Owner Earnings Growth47
Reinvestment87
Price momentum82
Debt load20
Refinancing33
Debt Payback17
Liquidity48
Analyst ratings48
Opinion Changes20
Price Target Upside57
Market mood79
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

TopBuild clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustryHousehold Durables
SizeLarge
TypePublic Company
ExchangeNYSE
Founded2015
Employees524
ISINUS89055F1030
Last UpdateApr 2, 2026
Themes
Energy EfficiencyHome ImprovementBuilding MaterialConstructionIndustrialResidential

Description

TopBuild Corp. is an installer of insulation and commercial roofing and a specialty distributor of insulation and other building products to the construction industry in the United States and Canada. Segments The company operates in two segments: I…

Analysis

Hope premium

TopBuild Corp. is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium.

On valuation, the picture is fair. The owner-earnings multiple stands at 18.1×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 5% a year, against analyst forecasts of 4%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is stretched. The company scores 12/20 on our value-creation score: creating some value.

Flags to be aware of: A large part of the company's book value is the price paid for past acquisitions. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
40
2026

All-time high

55

Mar 2026

All-time low

40

Jun 2026

Average rank

48

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
12
Price/Earnings
26
Price/Book
21
Dividend Yield
1
Value (overall)
10

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →