NASDAQ
AMWD
3 stories
Delisted Jul 31
Looking at housing-related stocks lately... 2022 spin $MBC recently merged with $AMWD to consolidate kitchen cabinet manufacturers 1.5bn cap with ~1.2bn net debt and 2027 EBITDA est. at 350m (7.7x) The ugly: brushing up against debt covs, tariffs ramping, sales still falling https://t.co/hKPm2wXxPZ
MasterBrand's all-stock merger with American Woodmark creates the largest cabinet maker, trading at 7.7 times trough EBITDA including…
$NX Just acquired peer Tyman. >3x leverage, never done a deal before, commodity business, customers all cutting numbers w deteriorating resi remodel activity ($AMWD yesterday, $MBC, $OC, $JELD). Stock is trading at close to 14x EPS. Seen this movie before. Earnings next week.
Companies the stories above are also about, besides AMWD.
