Stock fact sheet · data as of
Installed Building Products, Inc. (IBP): fair value, margin of safety and Wheel Score
Consumer Cyclical · Residential Construction · United States · Blend
Is IBP undervalued?
Installed Building Products, Inc. (IBP) closed at 187.94 on 16 Oct 2026, 67% above the GLS average fair value of 112.54. 8 of the 9 models that produced a number value the shares below the current price. A gap this wide usually means the market is paying for growth or a story the trailing numbers do not show yet; the models work from filed results, not forecasts, so they are conservative by design.
There is a wide gap between Payback Time (39.57) and Graham Growth (275.42). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files IBP under Blend.
Nine valuation models for IBP
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 132.96 | -29% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 71.31 | -62% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 275.42 | +47% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 100.84 | -46% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 142.92 | -24% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 96.11 | -49% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 39.57 | -79% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 49.15 | -74% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 104.58 | -44% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -11.87 | -106% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 222.13 | +18% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Installed Building Products, Inc. scores 5 of 9 on the Piotroski F-score: a middling result that falls one point short of the Sunday Scan's "6 or more" rule. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. A GLS Moat score of 8.6/10 puts IBP among the more durable businesses we track: over ten years the metrics the score watches (revenue, EPS, book value, margins, cash flow, ROIC) have mostly moved the right way, year after year.
Returns on capital are high - ROIC 15.1%, ROE 37.4%, ROA 12.8% - with debt at 1.48 times equity and a free-cash-flow yield of 0.8%.
The dividend yield is 1.78% at a payout ratio of 36%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Product Installation 48%, Insulation 29%, Product and Service, Other 5% (quarter Q2 FY2026).
Institutional ownership scores 10/10, insider activity 5/10 and Congressional trading 10/10 on the GLS smart-money scales; the last recorded Congressional buy was on 8 Sep 2026.
| Piotroski F-score | 5 / 9 | ROIC | 15.1% |
|---|---|---|---|
| GLS Moat | 8.6 / 10 | ROE | 37.4% |
| Debt / equity | 1.48 | ROA | 12.8% |
| Free-cash-flow yield | 0.8% | Payout ratio | 36% |
| Institutions | 10 / 10 | Insiders · Congress | 5 · 10 / 10 |
Wheel Score 57: Fair
A Wheel Score of 57 puts Installed Building Products, Inc. in the Fair band - below the 70 the Sunday Scan requires. Value 0/25, Health 11/20, Moat 13/15, Premium 20/20 and Stability 13/20; the weakest part is Value (0/25).
Implied volatility is 57% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is thin - 922 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 362k shares a day on a market cap of $5.0B, with a beta of 1.72 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score gives that 13 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 0 / 25 | -67% margin of safety | |
| Health | 11 / 20 | Piotroski 5/9 | |
| Moat | 13 / 15 | moat 8.6/10 | |
| Premium | 20 / 20 | implied volatility 57% | |
| Stability | 13 / 20 | 362k shares/day, $5.0B cap, beta 1.72 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 4 Nov 2026 (before the open), 19 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Residential Construction
The 12 companies below are the closest to Installed Building Products, Inc. by market cap within the Residential Construction industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| SKY Champion Homes, Inc. | 75.90 | 80.03 | +5% | 76Good | $4.1B |
| CVCO Cavco Industries, Inc. | 535.60 | 530.46 | -1% | 67Good | $4.1B |
| MTH Meritage Homes Corporation | 60.28 | 101.28 | +40% | 80Prime | $3.9B |
| MHO M/I Homes, Inc. | 126.02 | 176.77 | +29% | 76Good | $3.2B |
| GRBK Green Brick Partners, Inc. | 61.98 | 91.90 | +33% | 79Good | $2.7B |
| KBH KB Home | 43.65 | 62.28 | +30% | 80Prime | $2.7B |
| HOVNP Hovnanian Enterprises, Inc. PFD DEP1/1000A | 16.85 | 130.60 | +87% | 39No options | $2.5B |
| TOL Toll Brothers, Inc. | 130.41 | 199.69 | +35% | 85Prime | $12.0B |
| CCS Century Communities, Inc. | 55.55 | 55.18 | -1% | 59Fair | $1.6B |
| NVR NVR, Inc. | 5,940.83 | 6,229.48 | +5% | 39No options | $15.9B |
| LEN-B Lennar Corporation | 76.93 | 90.39 | +15% | 39No options | $18.5B |
| LEN Lennar Corporation | 77.69 | 92.40 | +16% | 79Good | $18.5B |
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Start free See the Sunday ScanQuestions about IBP
Is IBP undervalued right now?
No: at 187.94 the stock trades 67% above the GLS average fair value of 112.54 (data as of 16 Oct 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of IBP and what does it mean?
IBP scores 57 out of 100 (Fair). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for IBP?
112.54 per share as of 16 Oct 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Installed Building Products, Inc. report earnings next?
The next earnings report is due on 4 Nov 2026 (before the open), 19 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does IBP have listed options, and how liquid are they?
Yes. The nightly snapshot found 316 listed contracts with 922 open interest across all expiries and implied volatility of 57% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.