(PATK) Patrick Industries - Ratings and Ratios

Patrick Industries Inc. (NASDAQ: PATK) is a leading manufacturer and distributor of component products and materials, serving the recreational vehicle (RV), marine, manufactured housing, and industrial markets across the United States, Mexico, China, and Canada. With a market capitalization of approximately $3.192 billion, the company operates through two primary segments: Manufacturing and Distribution.

The Manufacturing segment produces a diverse array of products, including laminated goods for furniture and countertops, fiberglass bath fixtures, tile systems, and hardwood furniture. It also manufactures vinyl printing products, audio equipment such as amplifiers and speakers, and various RV components like dash panels and aluminum products. Additionally, this segment offers fiberglass and plastic components, boat towers, and marine hardware, catering to the marine industry. The companys product range extends to polymer-based flooring, treated and untreated plywood, and specialty bath and closet building products, demonstrating a commitment to innovation and versatility.

The Distribution segment focuses on supplying a wide range of materials, including pre-finished wall and ceiling panels, drywall, and electronic components. It also distributes marine accessories, wiring products, and electrical and plumbing supplies. This segment further offers raw and processed lumber, roofing materials, and interior lighting products, complemented by transportation and logistics services that enhance supply chain efficiency. This comprehensive approach ensures that Patrick Industries meets the diverse needs of its customers across various industries.

From a financial perspective, Patrick Industries presents an intriguing profile for investors. The trailing P/E ratio of 20.48 indicates moderate growth expectations, while the forward P/E of 18.32 suggests potential value. The price-to-book ratio of 2.91 highlights significant assets relative to market value, and the price-to-sales ratio of 0.87 underscores efficient revenue generation. These metrics provide a clear snapshot of the companys valuation and operational efficiency, offering insights for informed investment decisions.