Simpson Manufacturing Co., Inc.

Simpson Manufacturing Co., Inc.

SSDยทNYSE

$188.20

+0.37%
IndustrialsConstruction

Simpson Manufacturing Co., Inc., through its subsidiaries, designs, engineers, manufactures, and sells wood and concrete construction products. The company offers wood construction products, including connectors, truss plates, fastening systems, fasteners and shearwalls, and pre-fabricated lateral systems for use in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, fiber-reinforced materials, and other repair products for use in concrete, masonry, and steel construction, as well as grouts, coatings, sealers, mortars, fiberglass and fiber-reinforced polymer systems, and asphalt products for use in concrete construction repair, and strengthening and protection products. It also provides connectors and lateral products for wood framing, timber and offsite construction, structural steel construction, and cold-formed steel applications; and mechanical and adhesive anchors for concrete and masonry construction applications. In addition, the company offers engineering and design services, as well as software solutions that facilitate the specification, selection, and use of its products. It markets its products to the residential construction, light industrial and commercial construction, remodeling, and do-it-yourself markets in the United States, Canada, France, the United Kingdom, Germany, Denmark, Switzerland, Portugal, Poland, the Netherlands, Belgium, Spain, Sweden, Norway, Australia, New Zealand, China, Taiwan, and Vietnam. The company was founded in 1956 and is headquartered in Pleasanton, California.

At a Glance

Live Snapshot
Market Cap$7.74B
EPS8.2700
P/E Ratio22.76
Earnings Date07/27/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is mid-range (P/E 22.8).

Valuation inputs: P/E 22.8, earnings yield +4.4%, momentum +0.4%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is acceptable (ROE +17.0%, ROIC +12.1%).

Profitability stack: net margin +14.8%, ROE +17.0%, ROIC +12.1%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile looks controlled across current risk inputs.

Risk factors: liabilities/assets +33.8%, momentum +0.4%, net margin +14.8%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Simpson Manufacturing Co., Inc. Market vs Earnings Trajectory

SSD ยท NYSE

Loading price and EPS data...

Simpson Manufacturing Co., Inc.

Simpson Manufacturing Co., Inc. Fair Value Envelope

SSD ยท NYSE

Our analysis suggests that SSD has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $188.2, this represents a potential HIDDEN relative to our calculated worth for Simpson Manufacturing Co., Inc..

Intrinsic Value
Current Price: $188.2
3Y+6.0%
5Y+93.0%
10Y+342.0%
3Y+10.0%
5Y+84.0%
10Y+171.0%
3Y+3.0%
5Y+85.0%
10Y+285.0%
3Y+14.0%
5Y+120.0%
10Y+381.0%
3Y-12.0%
5Y+74.0%
10Y+458.0%
3Y+23.0%
5Y+149.0%
10Y+214.0%
Simpson Manufacturing Co., Inc.

Simpson Manufacturing Co., Inc. Profit Bridge

SSD ยท NYSE
Revenue2.33B
Cost of Goods Sold (1.26B)
Gross Profit1.07B
Operating Expenses (626.98M)
Operating Income442.63M
Interest Expense (0.00)
Other Income/Expense19.84M
Pretax Income462.47M
Income Tax (117.39M)
Net Income345.08M
Net Income
345.08M

Profitability Analysis

Gross Margin

45.9%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

19.0%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

14.8%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

25.4%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Room for improvement: Moderate profitability with opportunities to enhance margins through better cost management or pricing strategy.

45.85%
Gross Profit Margin
3Y+3.0%
5Y+1.0%
10Y-4.0%
18.97%
Operating Profit Margin
-1%
3Y-15.0%
5Y-5.0%
10Y+17.0%
14.79%
Net Profit Margin
2%
3Y-6.0%
5Y-
10Y+42.0%
17.00%
Return on Equity
-4%
3Y-28.0%
5Y-11.0%
10Y+64.0%
11.23%
Return on Assets
-5%
3Y-16.0%
5Y-26.0%
10Y+23.0%
12.11%
Return on Invested Capital
-8%
3Y-25.0%
5Y-33.0%
10Y+17.0%
SSD

Simpson Manufacturing Co., Inc. Cash Conversion Engine

SSD ยท NYSE
Net Income345.08M
Depreciation & Amortization89.95M
Stock-Based Compensation0.00
Change in Working Capital-13.57M
Others23.47M
Capital Expenditures-161.04M
Free Cash Flow295.63M

Cash Flow Quality Analysis

FCF Conversion Rate

85.7%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

35.3%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

+87.3%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$13.57M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Solid cash generation: Positive free cash flow with reasonable earnings quality provides financial flexibility for growth investments, debt reduction, or shareholder returns.

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Simpson Manufacturing Co., Inc. Funding & Solvency Profile

SSD ยท NYSE
Cash & Cash Equivalents341.00M
Net Receivables400.08M
Inventory548.98M
Other Current Assets65.42M
Total Current Assets1 B
Property, Plant & Equipment733.17M
Goodwill & Intangible Assets921.75M
Long-Term Investments0.00
Other Non-Current Assets33.00M
Total Non-Current Assets766 M
Total Assets
3.04B

Financial Health Analysis

Current Ratio

3.40x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.24x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

957 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

45% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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Simpson Manufacturing Co., Inc. Street Expectations Map

SSD ยท NYSE

Wall Street analysts project that SSD stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 214.75, with estimates ranging from a low of 210.00 to a high of 220.00.

Lowest Target
210.00
11.58%
Consensus Target
214.75
14.11%
Highest Target
220.00
16.90%

The consensus 1-year price target stands at 214.75, with estimates ranging from a low of 210.00 to a high of 220.00.

Analyst Consensus Analysis

Upside Potential

+14.1%

Moderate upside. Analysts expect positive returns but with limited margin of safety. Consider entry timing.

Analyst Agreement

4.7% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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Simpson Manufacturing Co., Inc. Insider Positioning

SSD ยท NYSE

During the last 12 months, insiders have sold $1.14M worth of SSD shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

2.4K

399.38K

Net Activity

-399K

-$399K

6-9 Months

Bought

0

0.00

Sold

600

102.00K

Net Activity

-102K

-$102K

9-12 Months

Bought

0

0.00

Sold

3.5K

641.80K

Net Activity

-642K

-$642K

Top Buyers

No buying activity

Top Sellers

1
GJ

Gilstrap Jeremy

Officer: Evp, Innovation

2.5K sharesโ€ข1 transactions

$446K

2
DPE

Donaldson Philip E

Director

2.4K sharesโ€ข1 transactions

$399K

3
AM

Andersen Michael

Officer: Evp, Europe

1.0K sharesโ€ข1 transactions

$196K

4
AJS

Andrasick James S

Director

600 sharesโ€ข1 transactions

$102K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $1.14M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

4 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

0.17%
Dividend Yield
-6%
3Y-29.0%
5Y-24.0%
10Y-58.0%
ย 

ssd Dividend History

SSD
10Y CAGR +5%
Latest $0.3
Annual $1.46
5 year growth trend
Last Period: +3%