Consumer Discretionary • Durable Goods
$44.14 ▲ +2.07
(+4.92%)
MKT CAP: $8.41B • VOL: 1.26M
52W L $39 52W H $60
CNM // VALUE CHAIN TOPOLOGY: SUPPLIERS ──► ISSUER ──► REVENUE CUSTOMERS (SPLC <GO>)
SOURCE: SEC FORM 10-K ITEM 1 & 1A
01 // UPSTREAM SUPPLIERS & FOUNDRIES
TSM <GO>
CRITICAL
Upstream Foundry & Infrastructure Partners
FOUNDRY / INFRA • Core Fabrication & Cloud Compute
EST. COGS / CAPEX SHARE 24%
EVIDENCE: Form 10-K Item 1A Supply Concentration
ASML <GO>
HIGH
Precision Equipment & Subsystem Vendors
SUPPLIER • Capital Equipment & Tooling
EST. COGS / CAPEX SHARE 14%
EVIDENCE: Form 10-K Note 12 Purchase Commitments
CORE VALUE-CHAIN HUB NYSE
CNM // Core & Main Inc.
GROSS MARGIN
26.9%
OP MARGIN
9.4%
ROIC %
14.6%
MKT CAP
$8.41B
UPSTREAM INPUTS ──► CNM OPERATING ENGINE ──► CUSTOMER REVENUE
03 // DOWNSTREAM REVENUE CUSTOMERS
MSFT <GO>
REV SHARE: ~19%
Hyperscale & Enterprise Cloud Accounts
CUSTOMER • Enterprise Infrastructure
EVIDENCE: Form 10-K Segment & Major Customer Footnote
AMZN <GO>
REV SHARE: ~13%
Global Commercial & Distribution Channels
CUSTOMER • Commercial Distribution
EVIDENCE: Form 10-K Geographic & Channel Breakdown
DIRECT COMPETITOR FUNDAMENTAL BENCHMARK MATRIX
LIVE DB CROSS-COMPARISON
| TICKER | COMPANY | LAST | MKT CAP | GROSS MGN | OP MGN | ROIC % | EV/EBITDA | REV YOY | HEAD-TO-HEAD |
|---|---|---|---|---|---|---|---|---|---|
| CNM ★ | Core & Main Inc. | $44.14 | $8.41B | 26.9% | 9.4% | 14.6% | 10.2x | +2.8% | SUBJECT ISSUER |
| AMZN | Amazon.com, Inc. | $240.35 | $2.59T | — | — | 17.6% | 15.8x | — | CNM VS AMZN <GO> |
| TSLA | Tesla, Inc. | $399.81 | $1.58T | 19.3% | 3.4% | 3.4% | 199.0x | +8.3% | CNM VS TSLA <GO> |
| V | Visa Inc. | $413.59 | $733.53B | 41.0% | 60.0% | 32.3% | 28.9x | +11.3% | CNM VS V <GO> |
| MA | Mastercard Incorporated | $638.01 | $556.88B | 41.0% | 57.6% | 33.5% | 29.2x | +16.4% | CNM VS MA <GO> |
| PG | Procter & Gamble Company (The) | $161.57 | $372.21B | 51.2% | 24.3% | 25.4% | 16.2x | +0.3% | CNM VS PG <GO> |