EXP

Eagle Materials Inc.

Basic Materials · $5.3B market cap

Verdict

Share price

$171.36

close of Oct 3, 2026

Fair value

$248.33

Sticker Price

Payback Price

$99.33

buy price

Undervalued

EXP is Undervalued: at $171.36 it trades 31% below its fair value of $248.33. Its buy price (Payback Price) is $99.33, 42% below today's price. Business quality is solid: 3 of 5 key numbers clear the 10% bar.

How we valued it

Free Cash Flow. Sales grew 2% a year over the last 3 years, below the 15% we look for in a fast grower, so we value it on its free cash flow instead of an earnings forecast.

Business quality

3 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth10.6% a year✓
Equity per share growth9.3% a year✗
Sales growth8.8% a year✗
Free cash flow growth14.3% a year✓
Return on invested capital15.1%✓

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Superinvestors

2 of the investors we track hold EXP. In Q2 2026, 1 trimmed and 1 sold out. Who we track

Moves in Q2 2026

Trimmed: Seth Klarman

Sold out: First Eagle Investment Management

Insider activity

Since Jun 17, 2026: no open-market purchases, 5 sales worth $1.7M and 38 other filings (stock awards, tax withholding and similar). Why purchases matter

Sales

Other filings

Gregorio Mauro

director · 2026-08-05

G-Gift

1,173 shares

BECKWITT RICHARD

director · 2026-07-30

Award

1,400 shares

Carter Margot Lebenberg

director · 2026-07-30

Award

1,400 shares

Damiris George John

director · 2026-07-30

Award

1,273 shares

ELLEN MARTIN M

director · 2026-07-30

Award

1,400 shares

Show all 38 other filings

Gregorio Mauro

director · 2026-07-30

Award

1,273 shares

NICOLAIS MICHAEL R

director · 2026-07-30

Award

$276K

NICOLAIS MICHAEL R

director · 2026-07-30

Award

1,549 shares

RICCIARDELLO MARY P

director · 2026-07-30

Award

$170K

RICCIARDELLO MARY P

director · 2026-07-30

Award

955 shares

Rush David E

director · 2026-07-30

Award

1,273 shares

Guzman Sam

Senior Vice President · 2026-07-23

Tax withholding

$21K

Guzman Sam

Senior Vice President · 2026-07-23

Option exercise

$85K

Guzman Sam

Senior Vice President · 2026-07-23

Option exercise

416 shares

Cribbs Eric

President (American Gypsum) · 2026-07-20

Award

0.566 shares

Cribbs Eric

President (American Gypsum) · 2026-07-20

Award

1.456 shares

Cribbs Eric

President (American Gypsum) · 2026-07-20

Award

2.489 shares

Guzman Sam

Senior Vice President · 2026-07-20

Award

0.856 shares

Guzman Sam

Senior Vice President · 2026-07-20

Award

1.544 shares

Haack Michael

President and CEO · 2026-07-20

Award

4.938 shares

Haack Michael

President and CEO · 2026-07-20

Award

8.737 shares

Haack Michael

President and CEO · 2026-07-20

Award

9.334 shares

Haddock Alex

Senior Vice President · 2026-07-20

Award

0.393 shares

Haddock Alex

Senior Vice President · 2026-07-20

Award

0.873 shares

Haddock Alex

Senior Vice President · 2026-07-20

Award

1.4 shares

Kesler Dale Craig

EVP and CFO · 2026-07-20

Award

1.179 shares

Kesler Dale Craig

EVP and CFO · 2026-07-20

Award

2.038 shares

Kesler Dale Craig

EVP and CFO · 2026-07-20

Award

2.178 shares

Newby Matt

EVP & General Counsel · 2026-07-20

Award

0.741 shares

Newby Matt

EVP & General Counsel · 2026-07-20

Award

1.383 shares

Newby Matt

EVP & General Counsel · 2026-07-20

Award

1.478 shares

NICOLAIS MICHAEL R

director · 2026-07-20

Award

4.9 shares

Thompson Tony

Senior Vice President · 2026-07-20

Award

0.393 shares

Thompson Tony

Senior Vice President · 2026-07-20

Award

0.874 shares

Thompson Tony

Senior Vice President · 2026-07-20

Award

1.556 shares

BECKWITT RICHARD

director · 2026-07-10

Option exercise

$168K

NICOLAIS MICHAEL R

director · 2026-06-17

Tax withholding

$336K

NICOLAIS MICHAEL R

director · 2026-06-17

Option exercise

$336K

About Eagle Materials Inc.

Eagle Materials Inc., operating through its subsidiaries across the United States, stands as a key producer and supplier of both heavy construction and light building materials. The company's diverse operations are organized into distinct segments: Cement; Concrete and Aggregates; Gypsum Wallboard; and Recycled Paperboard. Its core activities involve the mining of limestone for the comprehensive manufacture…

Construction Materials

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works