Summary
- MasterBrand is North America’s largest residential kitchen and bath cabinet manufacturer, serving new home construction and R&R markets with a diverse product range.
- MBC has shown strong growth, with sales and EBITDA CAGRs of 11% and 17% (2019-2022), and significant margin expansion despite market challenges.
- Management focuses on growth investment and balance sheet fortification, aiming for a net debt to EBITDA ratio below 2x by end of 2025.
- MBC offers a compelling valuation with an EV/EBITDA multiple of 6.7x and a 14% trailing twelve-month free cash flow yield, promising nearly 80% upside.
What the Company Does
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As of 4/15/25 |
|
|
Market Capitalization |
$1.5B |
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Enterprise Value |
$2.4B |
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Price |
$11.57 |
MasterBrand (NYSE:MBC) is the largest manufacturer of residential kitchen and bath cabinets in North America, primarily
Single stock ideas excerpted from fund letters published by Seeking Alpha.
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