The AZEK Co Inc (NYSE:AZEK)
$ 45.4 0.96 (2.16%) Market Cap: 6.56 Bil Enterprise Value: 6.66 Bil PE Ratio: 40.18 PB Ratio: 4.71 GF Score: 81/100

Azek Company Inc at William Blair Growth Stock Conference Transcript

Jun 07, 2023 / 03:40PM GMT
Release Date Price: $26.94 (+0.41%)
Ryan James Merkel
William Blair & Company L.L.C., Research Division - Partner & Research Analyst

Good morning. Welcome to the AZEK presentation. My name is Ryan Merkel. I cover building products at William Blair. Before we begin, I need to remind you that a complete list of disclosures and conflicts of interest is available on our website. With us today is Jesse Singh, President and CEO.

AZEK is a leading manufacturer of composite decking and railing as well as other outdoor living products. The company has many advantages, including brand, innovative products and channel accents. Material conversion is a huge opportunity. Composite decking is 25% market share today and will likely go to 70% to 75% long term.

AZEK is aiming for 10% organic growth and 500 basis points of EBITDA margin expansion by 2027, which makes it one of the better growth stories on my list.

With that, let me turn it over to Jesse.

Jesse G. Singh
The AZEK Company Inc. - CEO, President & Director

Great. Thanks. Appreciate it. I'm going to spend a

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