CNM

Core & Main, Inc.

Fundamental data last updated:October 15, 2026

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company profile

SECTOR

Industrials

industry

Industrial - Distribution

Exchange

NYSE

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

Core & Main, Inc. distributes water, wastewater, storm drainage, and fire protection products and related services to municipalities, private water companies, and professional contractors in the municipal, non-residential, and residential end markets in the United States. Its products include pipes, valves, hydrants, fittings, and other products and services; storm drainage products, such as corrugated piping systems, retention basins, inline drains, manholes, grates, geosynthetics, and other related products; fire protection products, including fire protection pipes, sprinkler heads and other devices, fire suppression systems, and related accessories, as well as fabrication services; and meter products, such as smart meter products, installation, software and other services. The company's specialty products and services are used in the maintenance, repair, replacement, and construction of water and fire protection infrastructure. Core & Main, Inc. was founded in 1874 and is headquartered in St. Louis, Missouri.

 


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VALUATION

P/E

21.54

Market Cap ($M USD)

$9.39B

Forward P/E

13.81

PEG

0.25

PRICE TO SALES

1.23

PRICE TO BOOK

4.76

EV / EBITDA

12.73

5-Year Average P/E

Free Cash Flow Yield

6.43%

DCF Value

$45.46

Graham Number

$23.40

Price to FCF

15.55

EV to FCF

19.23

Earnings Yield

4.64%

FCF Yield

6.43%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

0.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$2.32

Next Year EPS Growth Estimate

$3.62

Next Year Revenue Growth Estimate

$8.63B

Return on Equity (ROE)

23.20%

FREE CASH FLOW

Operating Margin

9.44%

Debt-to-Equity

1.22

Piotroski F-Score

7

Altman Z-Score

3.49

Return on Invested Capital (ROIC)

13.86%

Current Ratio

2.63

Quick Ratio

1.51

Net Debt to EBITDA

2.43

Interest Coverage

5.78

Gross Profit margin

26.93%

FCF PER SHARE

$3.18

REVENUE PER SHARE

$40.20

Analyze CNM on TradingView

Gainseekers Quantitative Analysis

Summary

The market seems to be mispricing CNM Core & Main, Inc. relative to its intrinsic value. With a DCF value below the snapshot price, the stock appears slightly overvalued. However, the Forward P/E of 13.58 suggests potential growth, while the robust Altman Z-score of 3.48 indicates financial stability. The Earnings Yield of 4.72% might not scream value, but it aligns with a company poised for growth. Overall, the financial health is solid, but the valuation leaves room for skepticism.

AI Exposure / Tech Reliance

In the industrial distribution sector, CNM is well-positioned to integrate AI and modern tech solutions. Their industry naturally benefits from automation and data analytics, enhancing supply chain efficiency. This adaptability could provide a competitive edge in a rapidly evolving market.

The Bull Case

For the discerning GARP investor, CNM offers compelling reasons to buy. The ROIC of 13.86% highlights efficient capital use, while a Piotroski F-Score of 7 signals strong financial health. Despite a modest FCF Yield of 6.54%, the company's operating margin of 9.44% suggests solid pricing power. These metrics paint a picture of a company with robust operational efficiency and potential for sustained growth.

The Bear Case

Despite its strengths, CNM faces structural risks that cannot be ignored. The Price/Book ratio of 4.68 and Price/Sales of 1.21 indicate a premium valuation that may not be justified. Additionally, the EV to EBITDA multiple of 12.55 suggests the stock is priced for perfection, leaving little room for error. The lack of dividend yield further diminishes its appeal to income-focused investors.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$64.00

Institutional Ownership %

1-Year Beta

0.93

Insider Buying % (6 Mo)

Distance to 52-Week High

34.53%

Distance to 52-Week Low

11.97%

EARNINGS SURPRISE %

8.33%

50-DAY SMA

$49.37

200-DAY SMA

$52.97

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.