Floor & Decor: Becoming The Next Home Improvement Retail Giant (NYSE:FND)

Floor & Decor: Becoming The Next Home Improvement Retail Giant (NYSE:FND)

Modern kitchen and dining room on retro tiled floor

Gladiathor/iStock via Getty Images

Investment Thesis

Floor & Decor (NYSE:FND) is a hard surface flooring retailer and commercial flooring distributor with 191 warehouse-format stores and six small design studios across 33 states. With an experienced management team, the company lays out

Data by YCharts

Abstracted from FND website

Floor & Decor

Debt-to-Equity Ratio


Debt-to-Asset Ratio


Equity-to-Asset Ratio


LIRA 2022 Q3

Harvard University

Data by YCharts

Bullish Case (EPS Growth {3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531}) Bearish Case (EPS Growth {3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531})
2022 12.2{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531} 8{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531}
2023 16.4{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531} 8.2{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531}
Fair Value $107.5 $96.2
Implied Growth 54{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531} 38{3ad958c56c0e590d654b93674c26d25962f6afed4cc4b42be9279a39dd5a6531}