PATK
Patrick Industries Inc
Price:  
117.48 
USD
Volume:  
189,712.00
United States | Auto Components
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PATK Fair Value

14.70 %
Upside

As of 2024-02-29, the Fair Value of Patrick Industries Inc (PATK) is 134.74 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 117.48 USD, the upside of Patrick Industries Inc is 14.70%.

117.48 USD
Stock Price
134.74 USD
Fair Price
FAIR VALUE CALCULATION

PATK Fair Value

Peter Lynch's formula is:

PATK Fair Value
= Earnings Growth Rate x TTM EPS
PATK Fair Value
= 20.85 x 6.46
PATK Fair Value
= 134.74

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 89.60 97.10 224.90 328.20 142.90 176.54
YoY growth -25.21% 8.37% 131.62% 45.93% -56.46% 20.85%

PATK Fair Value - Key Data

Market Cap (mil) 2,599.83
P/E 18.18x
Forward P/E 17.06x
EPS 6.46
Avg earnings growth rate 20.85%
TTM earnings 143.02