What does Simpson Manufacturing do?

Simpson Manufacturing designs and makes the metal connectors, fasteners, and anchors that hold buildings together, especially wood-framed houses. It also sells products for repairing, protecting, and strengthening concrete and other structures, such as coatings, mortars, and fiber-reinforced polymer systems. Beyond products, it offers engineering and design services and software.

Basic Materials · Lumber & Wood Production · SSD

What Simpson Manufacturing Does & How It Makes Money (SSD)

Updated October 2026 · reflects Simpson Manufacturing's latest reported financials

Maker of structural connectors and fasteners for building construction. It earns most of its revenue by manufacturing and selling construction connectors, fasteners, anchors, and repair and strengthening products through dealers, home centers, distributors, wood component manufacturers, OEM partners, and contractors.

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How Simpson Manufacturing makes money

It earns most of its revenue by manufacturing and selling construction connectors, fasteners, anchors, and repair and strengthening products through dealers, home centers, distributors, wood component manufacturers, OEM partners, and contractors. Engineering and design services and software complement the product sales.

What Simpson Manufacturing does

Simpson Manufacturing, founded in 1956 and headquartered in Pleasanton, California, designs, engineers, manufactures, and sells structural solutions for wood, concrete, and steel connections. Its core wood construction lineup includes connectors, fasteners, and lateral-force resisting systems. It also offers anchor, repair, protection, and strengthening products such as coatings, sealers, mortars, fiberglass and fiber-reinforced polymer systems, and asphalt products. The company operates in North America, Europe, and Asia Pacific. It serves residential, industrial, commercial, and infrastructure construction, as well as remodeling and do-it-yourself markets. It reaches customers through dealers, home centers, wood component manufacturers, OEM relationships, distributors, and contractors, and it also provides engineering and design services and software.

Products & services

Structural connectors for wood construction
Fasteners
Lateral-force resisting systems
Concrete anchors
Repair and strengthening products (coatings, sealers, mortars, FRP systems)
Engineering, design services and software

What is Simpson Manufacturing worth?

On an owner-earnings DCF, Simpson Manufacturing's most-likely value is about $168 versus a recent price near $171 (2% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$91) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.

Verdict: Fairly priced — no edge

Owner-earnings fair value · recent price ≈ $171

Fair value (most likely)

$168

Range

$122–$259

No-growth floor

$91

Price

~$171

Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.

Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →

Sector Basic Materials Industry Lumber & Wood Production HQ United States Ticker SSD Official site

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