BlueLinx Holdings Inc. (BXC) vs Global Industrial Company (GIC)

BlueLinx Holdings Inc. and Global Industrial Company are both Industrial Distribution companies. Global Industrial Company is the larger, with a market value of $1.6B against $580.2M — 2.7× the size. BlueLinx Holdings Inc. has negative trailing earnings, so its P/E is not meaningful; Global Industrial Company trades at 18.5×. Global Industrial Company grew revenue faster over the last twelve months: 8.43% against 2.13%. Global Industrial Company has the higher net margin (6.06% vs −0.06%) and the higher return on invested capital (28.3% vs 2.42%). Across the 21 metrics below, Global Industrial Company leads on 14 and BlueLinx Holdings Inc. on 7.

Valuation

Metric BXC GIC Industrial Distribution median
P/E n/m 18.53 28.81
P/S 0.20 1.10 1.10
P/B 0.96 4.63 3.59
Price to free cash flow 10.25 18.16 22.50
EV/EBITDA 11.04 12.92 15.13
EV/Sales 0.29 1.11 1.31
Earnings yield (0.31%) 5.40% 3.16%
Free cash flow yield 9.75% 5.51% 3.85%

Profitability

Metric BXC GIC Industrial Distribution median
Gross margin 15.84% 36.37% 30.34%
Operating margin 1.15% 8.06% 8.06%
Net margin (0.06%) 6.06% 4.95%
Free cash flow margin 1.93% 6.08% 4.67%
Return on equity (0.31%) 26.89% 14.29%
Return on assets (0.12%) 14.34% 5.30%
Return on invested capital 2.42% 28.27% 8.13%

Growth

Metric BXC GIC Industrial Distribution median
Revenue growth (TTM) 2.13% 8.43% 7.80%
EPS growth (last fiscal year) (99.56%) 17.09% —
Revenue growth, 5-year CAGR (0.94%) 6.03% 9.01%
Net income growth, 5-year CAGR (69.34%) 1.97% 0.99%

Health

Metric BXC GIC Industrial Distribution median
Debt to equity 0.95 0.00 0.53
Current ratio 4.01 2.24 2.47
Net debt to EBITDA 2.84 (0.64) 1.17

Dividend

Metric BXC GIC Industrial Distribution median
Dividend yield — 1.81% 1.54%
Payout ratio 0.00 0.42 0.00

Size

Metric BXC GIC Industrial Distribution median
Market cap 580.24m 1.57b 5.60b

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