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MBC vs TREX
Revenue, margins, valuation, and 5-year total return — side by side.
Construction
MBC vs TREX — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Furnishings, Fixtures & Appliances | Construction |
| Market Cap | $1.00B | $4.12B |
| Revenue (TTM) | $2.69B | $1.18B |
| Net Income (TTM) | $-2M | $191M |
| Gross Margin | 28.1% | 39.2% |
| Operating Margin | 2.6% | 22.1% |
| Forward P/E | 23.7x | 24.0x |
| Total Debt | $1.35B | $229M |
| Cash & Equiv. | $183M | $4M |
MBC vs TREX — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Dec 22 | May 26 | Return |
|---|---|---|---|
| MasterBrand, Inc. (MBC) | 100 | 103.6 | +3.6% |
| Trex Company, Inc. (TREX) | 100 | 92.5 | -7.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: MBC vs TREX
Each card shows where this stock fits in a portfolio — not just who wins on paper.
MBC is the clearest fit if your priority is value and momentum.
- Lower P/E (23.7x vs 24.0x)
- -22.5% vs TREX's -30.8%
TREX carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 2 yrs, beta 1.47
- Rev growth 2.0%, EPS growth -14.8%, 3Y rev CAGR 2.0%
- 239.9% 10Y total return vs MBC's -21.8%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 2.0% revenue growth vs MBC's 1.3% | |
| Value | Lower P/E (23.7x vs 24.0x) | |
| Quality / Margins | 16.3% margin vs MBC's -0.1% | |
| Stability / Safety | Beta 1.47 vs MBC's 1.63, lower leverage | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | -22.5% vs TREX's -30.8% | |
| Efficiency (ROA) | 12.3% ROA vs MBC's -0.1%, ROIC 16.4% vs 4.2% |
MBC vs TREX — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
MBC vs TREX — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
TREX leads this category, winning 6 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
MBC is the larger business by revenue, generating $2.7B annually — 2.3x TREX's $1.2B. TREX is the more profitable business, keeping 16.3% of every revenue dollar as net income compared to MBC's -0.1%. On growth, TREX holds the edge at +1.0% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $2.7B | $1.2B |
| EBITDAEarnings before interest/tax | $140M | $309M |
| Net IncomeAfter-tax profit | -$2M | $191M |
| Free Cash FlowCash after capex | $13M | $263M |
| Gross MarginGross profit ÷ Revenue | +28.1% | +39.2% |
| Operating MarginEBIT ÷ Revenue | +2.6% | +22.1% |
| Net MarginNet income ÷ Revenue | -0.1% | +16.3% |
| FCF MarginFCF ÷ Revenue | +0.5% | +22.3% |
| Rev. Growth (YoY)Latest quarter vs prior year | -6.4% | +1.0% |
| EPS Growth (YoY)Latest quarter vs prior year | -2.2% | +3.6% |
Valuation Metrics
MBC leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
At 22.0x trailing earnings, TREX trades at a 41% valuation discount to MBC's 37.2x P/E. On an enterprise value basis, MBC's 9.5x EV/EBITDA is more attractive than TREX's 13.5x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $1.0B | $4.1B |
| Enterprise ValueMkt cap + debt − cash | $2.2B | $4.3B |
| Trailing P/EPrice ÷ TTM EPS | 37.24x | 22.00x |
| Forward P/EPrice ÷ next-FY EPS est. | 23.70x | 23.95x |
| PEG RatioP/E ÷ EPS growth rate | — | 6.58x |
| EV / EBITDAEnterprise value multiple | 9.52x | 13.53x |
| Price / SalesMarket cap ÷ Revenue | 0.37x | 3.51x |
| Price / BookPrice ÷ Book value/share | 0.75x | 4.05x |
| Price / FCFMarket cap ÷ FCF | 8.52x | 30.60x |
Profitability & Efficiency
TREX leads this category, winning 8 of 8 comparable metrics.
Profitability & Efficiency
TREX delivers a 18.8% return on equity — every $100 of shareholder capital generates $19 in annual profit, vs $-0 for MBC. TREX carries lower financial leverage with a 0.22x debt-to-equity ratio, signaling a more conservative balance sheet compared to MBC's 1.00x. On the Piotroski fundamental quality scale (0–9), TREX scores 6/9 vs MBC's 5/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -0.1% | +18.8% |
| ROA (TTM)Return on assets | -0.1% | +12.3% |
| ROICReturn on invested capital | +4.2% | +16.4% |
| ROCEReturn on capital employed | +5.1% | +23.2% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 6 |
| Debt / EquityFinancial leverage | 1.00x | 0.22x |
| Net DebtTotal debt minus cash | $1.2B | $225M |
| Cash & Equiv.Liquid assets | $183M | $4M |
| Total DebtShort + long-term debt | $1.3B | $229M |
| Interest CoverageEBIT ÷ Interest expense | 1.11x | — |
Total Returns (Dividends Reinvested)
MBC leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in MBC five years ago would be worth $7,820 today (with dividends reinvested), compared to $3,599 for TREX. Over the past 12 months, MBC leads with a -22.5% total return vs TREX's -30.8%. The 3-year compound annual growth rate (CAGR) favors MBC at -2.3% vs TREX's -11.4% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -30.7% | +9.3% |
| 1-Year ReturnPast 12 months | -22.5% | -30.8% |
| 3-Year ReturnCumulative with dividends | -6.8% | -30.4% |
| 5-Year ReturnCumulative with dividends | -21.8% | -64.0% |
| 10-Year ReturnCumulative with dividends | -21.8% | +239.9% |
| CAGR (3Y)Annualised 3-year return | -2.3% | -11.4% |
Risk & Volatility
TREX leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
TREX is the less volatile stock with a 1.47 beta — it tends to amplify market swings less than MBC's 1.63 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.63x | 1.47x |
| 52-Week HighHighest price in past year | $14.22 | $68.78 |
| 52-Week LowLowest price in past year | $7.38 | $29.77 |
| % of 52W HighCurrent price vs 52-week peak | +55.0% | +56.9% |
| RSI (14)Momentum oscillator 0–100 | 33.4 | 51.3 |
| Avg Volume (50D)Average daily shares traded | 2.3M | 1.7M |
Analyst Outlook
TREX leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates MBC as "Buy" and TREX as "Hold". Consensus price targets imply 104.6% upside for MBC (target: $16) vs 13.6% for TREX (target: $45).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $16.00 | $44.50 |
| # AnalystsCovering analysts | 2 | 31 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | 1 | 2 |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | +1.8% | +1.3% |
TREX leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). MBC leads in 2 (Valuation Metrics, Total Returns).
MBC vs TREX: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is MBC or TREX a better buy right now?
For growth investors, Trex Company, Inc.
(TREX) is the stronger pick with 2. 0% revenue growth year-over-year, versus 1. 3% for MasterBrand, Inc. (MBC). Trex Company, Inc. (TREX) offers the better valuation at 22. 0x trailing P/E (24. 0x forward), making it the more compelling value choice. Analysts rate MasterBrand, Inc. (MBC) a "Buy" — based on 2 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — MBC or TREX?
On trailing P/E, Trex Company, Inc.
(TREX) is the cheapest at 22. 0x versus MasterBrand, Inc. at 37. 2x. On forward P/E, MasterBrand, Inc. is actually cheaper at 23. 7x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — MBC or TREX?
Over the past 5 years, MasterBrand, Inc.
(MBC) delivered a total return of -21. 8%, compared to -64. 0% for Trex Company, Inc. (TREX). Over 10 years, the gap is even starker: TREX returned +239. 9% versus MBC's -21. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — MBC or TREX?
By beta (market sensitivity over 5 years), Trex Company, Inc.
(TREX) is the lower-risk stock at 1. 47β versus MasterBrand, Inc. 's 1. 63β — meaning MBC is approximately 11% more volatile than TREX relative to the S&P 500. On balance sheet safety, Trex Company, Inc. (TREX) carries a lower debt/equity ratio of 22% versus 100% for MasterBrand, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — MBC or TREX?
By revenue growth (latest reported year), Trex Company, Inc.
(TREX) is pulling ahead at 2. 0% versus 1. 3% for MasterBrand, Inc. (MBC). On earnings-per-share growth, the picture is similar: Trex Company, Inc. grew EPS -14. 8% year-over-year, compared to -78. 1% for MasterBrand, Inc.. Over a 3-year CAGR, TREX leads at 2. 0% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — MBC or TREX?
Trex Company, Inc.
(TREX) is the more profitable company, earning 16. 2% net margin versus 1. 0% for MasterBrand, Inc. — meaning it keeps 16. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: TREX leads at 22. 0% versus 4. 9% for MBC. At the gross margin level — before operating expenses — TREX leads at 39. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is MBC or TREX more undervalued right now?
On forward earnings alone, MasterBrand, Inc.
(MBC) trades at 23. 7x forward P/E versus 24. 0x for Trex Company, Inc. — 0. 3x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for MBC: 104. 6% to $16. 00.
08Which pays a better dividend — MBC or TREX?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
09Is MBC or TREX better for a retirement portfolio?
For long-horizon retirement investors, Trex Company, Inc.
(TREX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+239. 9% 10Y return). MasterBrand, Inc. (MBC) carries a higher beta of 1. 63 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (TREX: +239. 9%, MBC: -21. 8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between MBC and TREX?
These companies operate in different sectors (MBC (Consumer Cyclical) and TREX (Industrials)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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