CNMCore & Main, Inc.

$40.36-21% 1Y

Is it safe?

Good

Strong, no red flags: a safe balance sheet, clean books, and quality strong.

3 good, 2 neutral, 1 without data
SurvivalSafe zone

Financially healthy, low distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.

Honest booksLow risk

Reported earnings show no manipulation flags Beneish M-score, a forensic model that detects earnings-manipulation patterns (receivables outrunning sales, margins slipping, accrual-heavy profit).

Quality8 / 9

High fundamental quality Piotroski F-score, nine pass/fail tests of year-over-year financial health across profitability, balance sheet and efficiency. 7 to 9 is strong, 0 to 3 weak.

Credit gradeAderived · Aug 2, 2026

Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.

Drawdown risk38% volderived · Oct 9, 2026

Moderate price swings, typical volatility. Worst drawdown -40% · now 32% below its 52-week high.

Unless marked, from SEC EDGAR, as of Feb 1, 2026.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

Volatilitymiddle of the market
Max drawdowntop 9% of the market

Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.

Can CNM take a bad year?

Core & Main, Inc. carries $2.14B of net debt at 2.30× EBITDA: a load its earnings can carry.

$2.14B

Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
2.30×

Net debt / EBITDA · 2.43× a year ago · the load is coming down

Altman Z-score
3.50

Altman Z-score · safe zone, above 3

Debt / equity
1.21×

Debt / equity

Details›
Total debtQ2 2026
$2.45B
Cash and short-term investments
$312M
Net debt
$2.14B
EBITDA, trailing twelve months
$928M
Operating profit, trailing twelve months
$742M
Debt / equity
1.21×
Total debt / EBITDA
2.64×
Annualised volatilitytwo years of daily moves
38%
Worst drawdown on file
−40%
Below its 52-week high
32%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.