TUTOR PERINI CORP (TPC)
US9011091082 - Common Stock
Overall TPC gets a fundamental rating of 3 out of 10. We evaluated TPC against 43 industry peers in the Construction & Engineering industry. While TPC seems to be doing ok healthwise, there are quite some concerns on its profitability. TPC has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year TPC has reported negative net income.
In the past year TPC had a positive cash flow from operations.
In multiple years TPC reported negative net income over the last 5 years.
TPC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
TPC's Return On Assets of -2.43% is on the low side compared to the rest of the industry. TPC is outperformed by 69.77% of its industry peers.
With a Return On Equity value of -8.13%, TPC is not doing good in the industry: 69.77% of the companies in the same industry are doing better.
TPC has a Return On Invested Capital of 0.55%. This is in the lower half of the industry: TPC underperforms 67.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.43% | ||
| ROE | -8.13% | ||
| ROIC | 0.55% |
ROA(3y)-2.18%
ROA(5y)-2.61%
ROE(3y)-7.39%
ROE(5y)-8.43%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Operating Margin, with a value of 0.39%, TPC is doing worse than 67.44% of the companies in the same industry.
TPC has a Gross Margin of 6.74%. This is in the lower half of the industry: TPC underperforms 74.42% of its industry peers.
In the last couple of years the Gross Margin of TPC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.39% | ||
| PM (TTM) | N/A | ||
| GM | 6.74% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-26.54%
GM growth 5Y-18.7%
2. Health
2.1 Basic Checks
TPC has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
TPC has more shares outstanding than it did 1 year ago.
The number of shares outstanding for TPC has been increased compared to 5 years ago.
The debt/assets ratio for TPC has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.60, we must say that TPC is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.60, TPC is doing worse than 67.44% of the companies in the same industry.
The Debt to FCF ratio of TPC is 2.36, which is a good value as it means it would take TPC, 2.36 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.36, TPC belongs to the top of the industry, outperforming 83.72% of the companies in the same industry.
TPC has a Debt/Equity ratio of 0.60. This is a neutral value indicating TPC is somewhat dependend on debt financing.
TPC has a Debt to Equity ratio of 0.60. This is comparable to the rest of the industry: TPC outperforms 55.81% of its industry peers.
Even though the debt/equity ratio score it not favorable for TPC, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 2.36 | ||
| Altman-Z | 1.6 |
ROIC/WACC0.05
WACC10.15%
2.3 Liquidity
A Current Ratio of 1.70 indicates that TPC should not have too much problems paying its short term obligations.
TPC has a Current ratio of 1.70. This is amongst the best in the industry. TPC outperforms 81.40% of its industry peers.
A Quick Ratio of 1.70 indicates that TPC should not have too much problems paying its short term obligations.
TPC has a Quick ratio of 1.70. This is amongst the best in the industry. TPC outperforms 88.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.7 | ||
| Quick Ratio | 1.7 |
3. Growth
3.1 Past
TPC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 44.26%, which is quite impressive.
TPC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.88%.
The Revenue has been decreasing by -2.72% on average over the past years.
EPS 1Y (TTM)44.26%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q131.58%
Revenue 1Y (TTM)14.88%
Revenue growth 3Y-9.98%
Revenue growth 5Y-2.72%
Revenue growth Q2Q35.13%
3.2 Future
TPC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 40.14% yearly.
TPC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.64% yearly.
EPS Next Y127.17%
EPS Next 2Y56.86%
EPS Next 3Y40.14%
EPS Next 5YN/A
Revenue Next Year15.23%
Revenue Next 2Y11.49%
Revenue Next 3Y7.64%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for TPC. In the last year negative earnings were reported.
Based on the Price/Forward Earnings ratio of 12.99, the valuation of TPC can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TPC indicates a rather cheap valuation: TPC is cheaper than 86.05% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.15, TPC is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 12.99 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TPC indicates a slightly more expensive valuation: TPC is more expensive than 62.79% of the companies listed in the same industry.
TPC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. TPC is cheaper than 97.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.03 | ||
| EV/EBITDA | 22.8 |
4.3 Compensation for Growth
TPC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as TPC's earnings are expected to grow with 40.14% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y56.86%
EPS Next 3Y40.14%
5. Dividend
5.1 Amount
No dividends for TPC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TUTOR PERINI CORP
NYSE:TPC (5/17/2024, 7:04:00 PM)
After market: 19.68 0 (0%)19.68
+0.08 (+0.41%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.03B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 12.99 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.43% | ||
| ROE | -8.13% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 0.39% | ||
| PM (TTM) | N/A | ||
| GM | 6.74% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.7 | ||
| Quick Ratio | 1.7 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)44.26%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y127.17%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)14.88%
Revenue growth 3Y-9.98%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y