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Continental Building Products: Equity-Accretive Real Estate Play Backed By Strong FCF

Market Sentiment Supportive of Real Estate Related Ventures

Currently there have been a host of buyout firms listing their portfolio companies in the real estate sector, taking advantage of the housing recovery and booming stock market. These issues have performed well after their listing. This investment essay is about one such company Continental Building Products (NYSE:CBPX)

Company Description Buyout firms IPO Price Current Market Price IPO Date Re/Max (NYSE:RMAX) Real estate brokerage services Weston Presidio, $22.0 $31.5 Aug-13 Stock Building Supply (NASDAQ:STCK) Lumber and building materials Gores Capital Partners $14.0 $21.9 Aug-13 Realogy (NYSE:RLGY) Residential real estate services Apollo Global Management (NYSE:APO) $27.0 $47.9 Oct-12 Zillow (NASDAQ:Z) Real ...
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