Fletcher Building Ltd
F:FLQ

Watchlist Manager
Fletcher Building Ltd Logo
Fletcher Building Ltd
F:FLQ
Watchlist
Price: 1.41 EUR Market Closed
Market Cap: €1.1B

P/B

0.6
Current
19%
Cheaper
vs 3-y average of 0.7

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.6
=
Market Cap
€1.4B
/
Total Equity
NZ$3.7B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.6
=
Market Cap
€1.4B
/
Total Equity
NZ$3.7B

Valuation Scenarios

Fletcher Building Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (0.7), the stock would be worth €1.74 (23% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+197%
Average Upside
80%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.6 €1.41
0%
3-Year Average 0.7 €1.74
+23%
5-Year Average 1 €2.27
+61%
Industry Average 0.8 €1.95
+39%
Country Average 1.8 €4.19
+197%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Lower than 95% of companies in New Zealand
Percentile
5th
Based on 235 companies
5th percentile
0.6
Low
0.3 — 1
Typical Range
1 — 3.4
High
3.4 —
Distribution Statistics
New Zealand
Min 0.3
30th Percentile 1
Median 1.8
70th Percentile 3.4
Max 11.6

Fletcher Building Ltd
Glance View

Market Cap
1.1B EUR
Industry
Building

Fletcher Building Ltd., an established name in the antipodean business landscape, operates as a diversified powerhouse within the construction and building materials sector in Australasia. Born from New Zealand's rich industrial tradition, the company has expanded its reach across the region, translating local expertise into a robust business model that caters to both industrial and residential needs. At its core, Fletcher Building is an integrated player, meaning it manages a comprehensive cycle that spans the manufacturing of essential building products, through distribution networks, to the actual construction of infrastructure. This vertical integration offers the company a competitive advantage, allowing it to manage costs effectively and ensure quality control across its projects, whether constructing a new high-rise in Auckland or supplying critical materials for Australia's infrastructure. The financial engine of Fletcher Building is driven by its strategic business segments: Building Products, Distribution, and the Construction division. The Building Products division comprises a variety of operations that manufacture materials such as cement, insulation, wallboard, and roofing, which form the backbone of the construction industry. Meanwhile, its Distribution division acts as a critical link, featuring a network of stores and trade centers that deliver these products to contractors, builders, and DIY enthusiasts alike. The Construction division bridges the company's supply chain into reality, overseeing large-scale commercial projects and public infrastructure developments that are pivotal to the scaling urban landscapes of Australasia. By diversifying its operations and maintaining a focus on sustainable practices, Fletcher Building not only ensures a steady revenue stream but also positions itself as a key contributor to the evolving dynamics of the built environments it serves.

FLQ Intrinsic Value
2.94 EUR
Undervaluation 52%
Intrinsic Value
Price €1.41
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett