What is Vulcan Materials Company (VMC) DCF Fair Value and Intrinsic Value in 2026?

Vulcan Materials Company (VMC) intrinsic value is calculated using conservative multi-stage Discounted Cash Flow (DCF) models, 5-year free cash flow trajectories, Graham Numbers, and owner earnings multiples. LocalAlpha tracks real-time margin of safety against live market prices.

What is Vulcan Materials Company's historical Return on Invested Capital (ROIC) and Moat Rating?

Vulcan Materials Company operates in the Basic Materials sector (Building Materials) with an economic moat rating of WIDE. LocalAlpha tracks 5-year audited quarterly ROIC, operating margin stability, and balance sheet solvency ratios.

What is Vulcan Materials Company's financial health rating and Piotroski F-Score?

Vulcan Materials Company's balance sheet quality is evaluated using the 9-point Piotroski F-Score, Altman Z-Score solvency model, debt-to-equity ratio, and quick/current liquidity coverage to guard against financial distress.

How does LocalAlpha monitor Vulcan Materials Company (VMC) for quarterly SEC filing thesis breaks?

LocalAlpha audits Vulcan Materials Company's 10-K, 10-Q, and 8-K regulatory filings on SEC EDGAR within 15 minutes of release. If reported metrics breach an investor's custom ROIC floor, operating margin boundary, or qualitative risk criteria, an autonomous breach audit is dispatched immediately.

StocksVMC

VMC

Vulcan Materials Company (HoldiBasic Materials / Building MaterialsINTACT

Vulcan Materials Company produces and supplies construction aggregates in the United States. It operates through three segments: Aggregates, Asphalt, and Concrete. The company provides crushed stone, sand and gravel, sand, and other aggregates for use in construction and maintenance of highways, streets, and other public works, as well as in the construction of housing and commercial, industrial, and other nonresidential facilities; aggregates that are used as ballast for construction and maintenance of railroad tracks; riprap and jetty stones for use in erosion control along roads and waterways; asphalt mix; asphalt construction paving services; and ready-mixed concrete products. The company was formerly known as Virginia Holdco, Inc. and changed its name to Vulcan Materials Company. Vulcan Materials Company was founded in 1909 and is headquartered in Birmingham, Alabama.

Share Price

$253.17

52W: $246.2 - $331.09

DCF Fair Value

$119.07

-112.6% Premium

Thesis Hub

P/E (TTM)

29.9x

ROIC

16.2%

Operating Margin

21.6%

FCF Yield

2.6%

Debt / Equity

0.58x

Piotroski Score

7/9

Altman Z-Score

3.33

Market Cap

$32.8B

Price vs. Intrinsic Value Corridor

Overvalued vs DCF ($119.07)

Historical market price overlaid against conservative DCF Fair Value & Benjamin Graham Margin of Safety bands.

Period Return (1Y)

—()

Period Range

$— - $—

DCF Fair Value

$119.07

MOS Buy Target (-25%)

$89.30

Valuation Overlays: DCF Fair Value ($119.07) 25% MOS Buy Target ($89.30) Revised Graham ($191.77) Graham Number ($111.65)

2-Stage Discounted Cash Flow (DCF) Workbench

Conservative intrinsic value model based on owner cash generation over a 10-year investment horizon. Opens with LocalAlpha's baseline assumptions (matching the fair value shown above) — adjust any input to stress-test.

Current Market Price

$253.17

DCF Fair Value

$119.05

-112.7% Premium

Starting Free Cash Flow ($M)$844M

$100M$844M (Reported)$50,000M

Stage 1 Growth (Years 1-5)10.8%

-5%10% (Target)35%

Stage 2 Growth (Years 6-10)4.5%

0%5%20%

Discount Rate (WACC / Hurdle)9.0%

6%9% (Standard)15% (High Risk)

Terminal Perpetual Growth2.5%

1% (GDP Floor)2.5% (Inflation)4.0%

Net Debt ($M)$4,700M

-$100B CashBalance Sheet+$150B Debt

10-Yr PV of Cash Flows

$8.5B

PV of Terminal Value

$11.7B

Implied Enterprise Value

$20.2B

Implied Equity Value

$15.5B

Year	Yr 1	Yr 2	Yr 3	Yr 4	Yr 5	Yr 6	Yr 7	Yr 8	Yr 9	Yr 10
Projected FCF ($M)	$935	$1,036	$1,148	$1,272	$1,409	$1,473	$1,539	$1,608	$1,681	$1,756
Present Value (PV)	$858	$872	$887	$901	$916	$878	$842	$807	$774	$742

Benjamin Graham & Buffett Value Models

Classical deep value metrics based on asset backing, normalized earnings power, and owner cash yield.

Graham Number-126.7% Premium

$111.66

Calculated as √(22.5 × EPS × BVPS). The maximum theoretical price a defensive investor should pay based purely on asset book value and current earnings.

EPS: $8.47BVPS: $65.42

Revised Graham Formula-32% Premium

$191.77

Formula: V = (EPS × (8.5 + 2g) × 4.4) / Y where g is the conservative 7-10 yr growth rate and Y is AAA Bond Yield.

Growth Rate (g%)

Bond Yield (Y%)

Buffett Owner Earnings2.4% Yield

$6.17 / share

True distributable cash flow: Net Income + D&A - Maintenance CapEx. Reflects the cash Buffett would extract without hurting unit volume.

Total: $0.8BYield: 2.4%

Reverse DCF: Market Growth Expectation

HIGH BARRIER

14.5% CAGR (Next 10 Yrs)

At the current price of $253.17, the market is assuming the business will compound Free Cash Flow at 14.5% per year for the next decade with a 9% hurdle rate.

Value Investor Verdict

ℹ Fair expectations: Requires steady execution.

Autonomous Thesis Underwriting

Surveil VMC with Mathematical Margin of Safety Rules

Set non-negotiable floor rules for Vulcan Materials Company (Holdi. If a newly filed quarterly 10-Q breaks your ROIC floor, operating margin boundary, or balance sheet leverage rules, receive an autonomous breach audit within 15 minutes.

Buffett Quality

ROIC > 15% • Margin > 15% • D/E < 0.5x

Margin Floor Guard

Current Margin 21.6% • Floor > 10%

Solvency Guard

Altman-Z > 2.6 • Current Ratio > 1.5x

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Frequently Asked Questions: Vulcan Materials Company (Holdi (VMC) Intrinsic Valuation

Audited fundamentals, DCF intrinsic value sensitivity, and thesis break detection parameters for Vulcan Materials Company (Holdi.

Based on institutional multi-stage Discounted Cash Flow (DCF) modeling on audited SEC cash flows, Vulcan Materials Company (Holdi has an estimated DCF intrinsic fair value of $119.07 per share compared to its current market price of $253.17. This represents an estimated 112.6% premium over fair value. Additionally, its classic Benjamin Graham Number stands at $111.65.