Trex (TREX) Stock May Be 47% Undervalued On Little Rock Expansion

Trex Company stock has climbed strongly so far this year, but longer term shareholders are still facing a steep 5 year decline. The valuation checks send mixed signals, as the Discounted Cash Flow (DCF) intrinsic value estimate points to upside, while the market multiples lean expensive. Trex Company shares are down about 55% over 5 years, which raises the question of whether the recovery story now in focus is fully reflected in the price. Rising interest in Trex products and the expansion...