GREAT LAKES DREDGE & DOCK CO (GLDD) Stock Fundamental Analysis
NASDAQ:GLDD - US3906071093 - Common Stock
12.27 USD
+0.29 (+2.42%)
12.27 USD
0 (0%)
Taking everything into account, GLDD scores 5 out of 10 in our fundamental rating. GLDD was compared to 52 industry peers in the Construction & Engineering industry. GLDD has a medium profitability rating, but doesn't score so well on its financial health evaluation. GLDD has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
GLDD had positive earnings in the past year.
In the past year GLDD had a positive cash flow from operations.
Of the past 5 years GLDD 4 years were profitable.
GLDD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
GLDD has a better Return On Assets (5.77%) than 69.23% of its industry peers.
GLDD has a better Return On Equity (14.88%) than 67.31% of its industry peers.
With a decent Return On Invested Capital value of 8.20%, GLDD is doing good in the industry, outperforming 65.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.77% | ||
| ROE | 14.88% | ||
| ROIC | 8.2% |
ROA(3y)0.78%
ROA(5y)2.84%
ROE(3y)2.37%
ROE(5y)7.71%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
GLDD's Profit Margin of 8.63% is amongst the best of the industry. GLDD outperforms 82.69% of its industry peers.
In the last couple of years the Profit Margin of GLDD has grown nicely.
GLDD's Operating Margin of 13.63% is amongst the best of the industry. GLDD outperforms 90.38% of its industry peers.
GLDD's Operating Margin has declined in the last couple of years.
GLDD has a Gross Margin of 23.03%. This is in the better half of the industry: GLDD outperforms 73.08% of its industry peers.
GLDD's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.63% | ||
| PM (TTM) | 8.63% | ||
| GM | 23.03% |
OM growth 3Y0.95%
OM growth 5Y-2.4%
PM growth 3Y3.34%
PM growth 5Y1.62%
GM growth 3Y1.71%
GM growth 5Y-0.53%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GLDD is destroying value.
The number of shares outstanding for GLDD has been increased compared to 1 year ago.
GLDD has more shares outstanding than it did 5 years ago.
The debt/assets ratio for GLDD has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 1.85 indicates that GLDD is not a great score, but indicates only limited risk for bankruptcy at the moment.
GLDD has a worse Altman-Z score (1.85) than 63.46% of its industry peers.
GLDD has a Debt/Equity ratio of 0.87. This is a neutral value indicating GLDD is somewhat dependend on debt financing.
GLDD has a Debt to Equity ratio of 0.87. This is comparable to the rest of the industry: GLDD outperforms 42.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.85 |
ROIC/WACC0.82
WACC9.97%
2.3 Liquidity
A Current Ratio of 1.15 indicates that GLDD should not have too much problems paying its short term obligations.
With a Current ratio value of 1.15, GLDD perfoms like the industry average, outperforming 40.38% of the companies in the same industry.
GLDD has a Quick Ratio of 1.02. This is a normal value and indicates that GLDD is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of GLDD (1.02) is worse than 67.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 1.02 |
3. Growth
3.1 Past
GLDD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 61.54%, which is quite impressive.
Measured over the past 5 years, GLDD shows a small growth in Earnings Per Share. The EPS has been growing by 3.42% on average per year.
Looking at the last year, GLDD shows a very strong growth in Revenue. The Revenue has grown by 24.40%.
Measured over the past years, GLDD shows a small growth in Revenue. The Revenue has been growing by 1.40% on average per year.
EPS 1Y (TTM)61.54%
EPS 3Y4.32%
EPS 5Y3.42%
EPS Q2Q%27.27%
Revenue 1Y (TTM)24.4%
Revenue growth 3Y1.65%
Revenue growth 5Y1.4%
Sales Q2Q%13.92%
3.2 Future
Based on estimates for the next years, GLDD will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.09% on average per year.
GLDD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.31% yearly.
EPS Next Y25.48%
EPS Next 2Y9.09%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year10.69%
Revenue Next 2Y7.31%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
With a Price/Earnings ratio of 11.69, the valuation of GLDD can be described as very reasonable.
GLDD's Price/Earnings ratio is rather cheap when compared to the industry. GLDD is cheaper than 94.23% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.43. GLDD is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 12.27 indicates a correct valuation of GLDD.
Based on the Price/Forward Earnings ratio, GLDD is valued cheaper than 96.15% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.87, GLDD is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.69 | ||
| Fwd PE | 12.27 |
4.2 Price Multiples
GLDD's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. GLDD is cheaper than 94.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.08 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
GLDD has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.46
PEG (5Y)3.42
EPS Next 2Y9.09%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for GLDD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
12.27
+0.29 (+2.42%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners84.88%
Inst Owner Change-2.94%
Ins Owners2.54%
Ins Owner Change8.48%
Market Cap834.36M
Analysts84.44
Price Target15.3 (24.69%)
Short Float %1.25%
Short Ratio1.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)65.7%
Min EPS beat(2)48.38%
Max EPS beat(2)83.01%
EPS beat(4)3
Avg EPS beat(4)31.79%
Min EPS beat(4)-29.19%
Max EPS beat(4)83.01%
EPS beat(8)7
Avg EPS beat(8)140.23%
EPS beat(12)9
Avg EPS beat(12)45.93%
EPS beat(16)11
Avg EPS beat(16)25.98%
Revenue beat(2)2
Avg Revenue beat(2)11.05%
Min Revenue beat(2)6.9%
Max Revenue beat(2)15.19%
Revenue beat(4)3
Avg Revenue beat(4)4.75%
Min Revenue beat(4)-4.89%
Max Revenue beat(4)15.19%
Revenue beat(8)5
Avg Revenue beat(8)1.88%
Revenue beat(12)6
Avg Revenue beat(12)-0.44%
Revenue beat(16)7
Avg Revenue beat(16)-2.52%
PT rev (1m)0%
PT rev (3m)3.45%
EPS NQ rev (1m)9.29%
EPS NQ rev (3m)4.17%
EPS NY rev (1m)9.06%
EPS NY rev (3m)8.01%
Revenue NQ rev (1m)3.08%
Revenue NQ rev (3m)4.01%
Revenue NY rev (1m)3.83%
Revenue NY rev (3m)4.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.69 | ||
| Fwd PE | 12.27 | ||
| P/S | 1 | ||
| P/FCF | N/A | ||
| P/OCF | 6.37 | ||
| P/B | 1.73 | ||
| P/tB | 2.06 | ||
| EV/EBITDA | 8.08 |
EPS(TTM)1.05
EY8.56%
EPS(NY)1
Fwd EY8.15%
FCF(TTM)-0.17
FCFYN/A
OCF(TTM)1.93
OCFY15.7%
SpS12.21
BVpS7.09
TBVpS5.96
PEG (NY)0.46
PEG (5Y)3.42
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.77% | ||
| ROE | 14.88% | ||
| ROCE | 10.79% | ||
| ROIC | 8.2% | ||
| ROICexc | 8.22% | ||
| ROICexgc | 8.87% | ||
| OM | 13.63% | ||
| PM (TTM) | 8.63% | ||
| GM | 23.03% | ||
| FCFM | N/A |
ROA(3y)0.78%
ROA(5y)2.84%
ROE(3y)2.37%
ROE(5y)7.71%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y-11.01%
ROICexcg growth 5Y-15.58%
ROICexc growth 3Y-9.85%
ROICexc growth 5Y-14.11%
OM growth 3Y0.95%
OM growth 5Y-2.4%
PM growth 3Y3.34%
PM growth 5Y1.62%
GM growth 3Y1.71%
GM growth 5Y-0.53%
F-Score8
Asset Turnover0.67
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.71 | ||
| Cap/Depr | 341.88% | ||
| Cap/Sales | 17.18% | ||
| Interest Coverage | 3.53 | ||
| Cash Conversion | 84.54% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.15 | ||
| Quick Ratio | 1.02 | ||
| Altman-Z | 1.85 |
F-Score8
WACC9.97%
ROIC/WACC0.82
Cap/Depr(3y)318.88%
Cap/Depr(5y)270.53%
Cap/Sales(3y)21.34%
Cap/Sales(5y)17.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)61.54%
EPS 3Y4.32%
EPS 5Y3.42%
EPS Q2Q%27.27%
EPS Next Y25.48%
EPS Next 2Y9.09%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)24.4%
Revenue growth 3Y1.65%
Revenue growth 5Y1.4%
Sales Q2Q%13.92%
Revenue Next Year10.69%
Revenue Next 2Y7.31%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y84.66%
EBIT growth 3Y2.62%
EBIT growth 5Y-1.03%
EBIT Next Year73.47%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y87.16%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y274.35%
OCF growth 3Y12.66%
OCF growth 5Y-18.3%