BlueLinx Holdings Inc. (BXC) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+97.7%

$164.10

vs $83.02 price

Levered DCF

$128.08

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

3.38

Safe zone

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	2,185.25×	16.68×	20.98×	2.24×	3.11×	3.41×	-7.54×	-4.74×
P/B	0.78×	1.37×	1.61×	1.12×	2.53×	4.67×	-5.1×	-15.54×
P/S	0.16×	0.3×	0.32×	0.15×	0.22×	0.09×	0.05×	0.08×
EV / EBITDA	10.6×	7.9×	8.1×	2.1×	3.1×	5.38×	13.28×	68.66×
Gross margin	15.3%	16.6%	16.8%	18.7%	18.2%	15.4%	13.5%	11.6%
Operating margin	1.1%	3.0%	4.4%	9.9%	10.2%	4.6%	1.3%	-0.5%
Net margin	0.0%	1.8%	1.5%	6.7%	6.9%	2.6%	-0.7%	-1.7%
Current ratio	4.66×	4.85×	5.13×	5.11×	3.88×	2.92×	3.38×	3.05×
Debt / equity	1.09×	0.98×	0.97×	1.04×	1.69×	10.94×	-27.34×	-45.57×
Interest coverage	1×	4.52×	5.83×	10.39×	9.63×	3×	0.65×	-0.28×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	0.0%	8.2%	7.7%	50.2%	81.5%	136.9%	67.7%	327.7%
Return on invested capital	2.4%	4.8%	6.1%	25.5%	30.3%	14.5%	3.5%	-1.4%
Return on assets	0.0%	3.4%	3.2%	19.9%	22.5%	7.7%	-1.8%	-5.0%
Free cash flow yield	6.9%	5.1%	27.4%	54.9%	14.2%	18.6%	-11.3%	17.0%
Earnings yield	0.0%	6.0%	4.8%	44.7%	32.2%	29.3%	-13.3%	-21.1%
Enterprise value	$767.3M	$1B	$1.1B	$977.3M	$1.5B	$922.3M	$834.5M	$887.1M
Net debt / EBITDA	3.98×	1.02×	0.7×	0.68×	1.13×	3.77×	11.16×	51.02×
Cash conversion cycle (days)	55	55	53	54	61	59	61	54