Fletcher Building Ltd
NZX:FBU
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EV/EBITDA
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBITDA returns to its 3-Year Average (10.8), the stock would be worth NZ$2.01 (29% downside from current price).
| Scenario | EV/EBITDA Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 15.2 | NZ$2.82 |
0%
|
| 3-Year Average | 10.8 | NZ$2.01 |
-29%
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| 5-Year Average | 10.8 | NZ$2.01 |
-29%
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| Industry Average | 10.2 | NZ$1.9 |
-33%
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| Country Average | 16.5 | NZ$3.06 |
+9%
|
Forward EV/EBITDA
Today’s price vs future ebitda
| Today's Enterprise Value | EBITDA | Forward EV/EBITDA | ||
|---|---|---|---|---|
|
NZ$6B
|
/ |
Jan 2026
NZ$342m
|
= |
|
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NZ$6B
|
/ |
Jun 2026
NZ$702.1m
|
= |
|
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NZ$6B
|
/ |
Jun 2027
NZ$774.9m
|
= |
|
|
NZ$6B
|
/ |
Jun 2028
NZ$881.5m
|
= |
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Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.
Peer Comparison
| Market Cap | EV/EBITDA | P/E | ||||
|---|---|---|---|---|---|---|
| AU |
|
Fletcher Building Ltd
NZX:FBU
|
3B NZD | 15.2 | -10.2 | |
| US |
F
|
Fortune Brands Home & Security Inc
LSE:0IRN
|
565.4B USD | 652.7 | 1 892.1 | |
| IE |
|
Trane Technologies PLC
NYSE:TT
|
105.7B USD | 24.8 | 36.2 | |
| IE |
|
Johnson Controls International PLC
NYSE:JCI
|
85.6B USD | 24 | 25.2 | |
| US |
|
Carrier Global Corp
NYSE:CARR
|
50.7B USD | 17.6 | 34.2 | |
| FR |
|
Compagnie de Saint Gobain SA
PAR:SGO
|
38B EUR | 6 | 13.2 | |
| SE |
|
Assa Abloy AB
STO:ASSA B
|
411.7B SEK | 15.5 | 28 | |
| JP |
|
Daikin Industries Ltd
TSE:6367
|
6.2T JPY | 9.3 | 22.7 | |
| CH |
|
Geberit AG
SIX:GEBN
|
17.8B CHF | 19.2 | 29.5 | |
| US |
|
Lennox International Inc
NYSE:LII
|
17B USD | 15.7 | 21.2 | |
| IE |
K
|
Kingspan Group PLC
ISEQ:KRX
|
14.3B EUR | 13.3 | 21.6 |
Market Distribution
| Min | 0 |
| 30th Percentile | 10 |
| Median | 16.5 |
| 70th Percentile | 24.5 |
| Max | 6 797.5 |
Other Multiples
Fletcher Building Ltd
Glance View
Fletcher Building Ltd, a cornerstone of the Australasian construction and building materials landscape, represents the legacy and innovation rolled into one formidable player. Born out of a rich history dating back to 1909, the New Zealand-based company has evolved beyond its Pacific roots to become a prominent name in the construction, manufacturing, and distribution sectors. At its core, Fletcher Building thrives on a diverse portfolio that straddles multiple segments, including building products, international markets, and significant construction projects. By integrating its operations across different segments, the company leverages synergies that enhance its strategic positioning in the marketplace. The company’s footprint extends across an array of brands and businesses that cater to infrastructure, residential, and commercial building needs, evidence of its adaptive strategies amid ever-evolving market demands. In terms of operations, Fletcher Building skillfully aligns its manufacturing capabilities with robust distribution networks, allowing it to turn raw materials into finished products that reach various markets efficiently. It oversees everything from the development of building materials like plasterboard and steel to the execution of major infrastructure projects, blending craftsmanship with strategic acumen. This vertical integration not only sharpens its competitive edge but also enables the company to pass value onto customers through cost-effective solutions. A critical revenue stream is its construction division, which manages large-scale projects that range from roads and bridges to commercial complexes and residential developments. Additionally, its building products segment remains a steady performer, encompassing everything from insulation and roofing to laminates and paneling—products essential to building endeavors worldwide. Through this multifaceted business model, Fletcher Building continues to solidify its standing as an influential force in the global construction industry, setting the stage for sustained growth and innovation.