Core & Main Inc (CNM)

NYSE · Industrials · Industrial Distribution · USA

Core & Main Inc is a mid cap company (market value between $2 billion and $10 billion) in the Industrial Distribution industry.

Core & Main distributes specialized infrastructure components for water systems, wastewater treatment, storm drainage and fire protection to municipalities, water utilities and contractors. Operating branches throughout the United States and Canada, the company supplies products and services for maintaining, upgrading and constructing infrastructure across municipal, commercial and residential sectors.

From its FY2023 annual report (Form 10-K)

Intrinsic value, DCF valuation, financial health and value investing analysis for the Core & Main Inc stock.

Our verdict on CNM

Undervalued: intrinsic value $62.69 per share, market price $44.25, margin of safety 29.4% (as of 2026-10-30).

Discounting its cash flows at 8.9% (average of 3 methods) values the shares at $62.69; the price of $44.25 is 29% below that value, and 77% of that value comes from beyond year five.

Leak Score: 77/100 on 10 of 12 signals (Clear Leak).

ETFs with the most weight in CNM

17 more funds hold it; the full list is part of the paid plan.

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Is CNM undervalued or overvalued?

CNM is undervalued (as of the 2026-10-30 close). Discounting its cash flows at 8.9% (average of 3 methods) values the shares at $62.69; the price of $44.25 is 29% below that value, and 77% of that value comes from beyond year five.

What is the intrinsic value of CNM?

$62.69 per share (as of the 2026-10-30 close), against a market price of $44.25. That is a margin of safety of 29.4%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.

What is Core & Main Inc's Leak Score?

77 out of 100, which we rate "Clear Leak", on 10 of 12 value investing signals.