ORION GROUP HOLDINGS INC (ORN) Stock Fundamental Analysis
NYSE:ORN - New York Stock Exchange, Inc. - US68628V3087 - Common Stock - Currency: USD
Overall ORN gets a fundamental rating of 4 out of 10. We evaluated ORN against 51 industry peers in the Construction & Engineering industry. While ORN seems to be doing ok healthwise, there are quite some concerns on its profitability. ORN has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
ORN had positive earnings in the past year.
In the past year ORN had a positive cash flow from operations.
In the past 5 years ORN reported 4 times negative net income.
Each year in the past 5 years ORN had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 0.72%, ORN is not doing good in the industry: 60.78% of the companies in the same industry are doing better.
With a Return On Equity value of 1.99%, ORN is not doing good in the industry: 60.78% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 4.45%, ORN is in line with its industry, outperforming 45.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.72% | ||
| ROE | 1.99% | ||
| ROIC | 4.45% |
ROA(3y)-2.7%
ROA(5y)-1.48%
ROE(3y)-8.32%
ROE(5y)-4.43%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 0.36%, ORN is doing worse than 60.78% of the companies in the same industry.
The Operating Margin of ORN (1.52%) is worse than 62.75% of its industry peers.
In the last couple of years the Operating Margin of ORN has grown nicely.
ORN has a Gross Margin of 11.97%. This is in the lower half of the industry: ORN underperforms 62.75% of its industry peers.
ORN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.52% | ||
| PM (TTM) | 0.36% | ||
| GM | 11.97% |
OM growth 3YN/A
OM growth 5Y80.53%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y18.86%
GM growth 5Y4.85%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ORN is destroying value.
Compared to 1 year ago, ORN has more shares outstanding
Compared to 5 years ago, ORN has more shares outstanding
Compared to 1 year ago, ORN has an improved debt to assets ratio.
2.2 Solvency
ORN has an Altman-Z score of 2.83. This is not the best score and indicates that ORN is in the grey zone with still only limited risk for bankruptcy at the moment.
ORN has a Altman-Z score of 2.83. This is comparable to the rest of the industry: ORN outperforms 54.90% of its industry peers.
ORN has a debt to FCF ratio of 4.06. This is a neutral value as ORN would need 4.06 years to pay back of all of its debts.
The Debt to FCF ratio of ORN (4.06) is comparable to the rest of the industry.
ORN has a Debt/Equity ratio of 0.21. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.21, ORN is in the better half of the industry, outperforming 72.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 4.06 | ||
| Altman-Z | 2.83 |
ROIC/WACC0.37
WACC12.05%
2.3 Liquidity
ORN has a Current Ratio of 1.38. This is a normal value and indicates that ORN is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.38, ORN perfoms like the industry average, outperforming 58.82% of the companies in the same industry.
A Quick Ratio of 1.37 indicates that ORN should not have too much problems paying its short term obligations.
The Quick ratio of ORN (1.37) is better than 62.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.37 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 206.25% over the past year.
ORN shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.58%.
The Revenue has been growing slightly by 2.37% on average over the past years.
EPS 1Y (TTM)206.25%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%108.33%
Revenue 1Y (TTM)15.58%
Revenue growth 3Y9.81%
Revenue growth 5Y2.37%
Sales Q2Q%17.41%
3.2 Future
Based on estimates for the next years, ORN will show a very strong growth in Earnings Per Share. The EPS will grow by 238.02% on average per year.
ORN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.37% yearly.
EPS Next Y278.75%
EPS Next 2Y238.02%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-3.35%
Revenue Next 2Y3.62%
Revenue Next 3Y1.11%
Revenue Next 5Y2.37%
3.3 Evolution
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
ORN is valuated quite expensively with a Price/Earnings ratio of 49.65.
The rest of the industry has a similar Price/Earnings ratio as ORN.
The average S&P500 Price/Earnings ratio is at 26.60. ORN is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 18.47, ORN is valued on the expensive side.
Based on the Price/Forward Earnings ratio, ORN is valued a bit cheaper than the industry average as 70.59% of the companies are valued more expensively.
ORN is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.43, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 49.65 | ||
| Fwd PE | 18.47 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ORN is valued cheaper than 86.27% of the companies in the same industry.
ORN's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.94 | ||
| EV/EBITDA | 10.5 |
4.3 Compensation for Growth
ORN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ORN's earnings are expected to grow with 238.02% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.18
PEG (5Y)N/A
EPS Next 2Y238.02%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ORN does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
8.44
-0.25 (-2.88%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners79.36%
Inst Owner Change3.32%
Ins Owners6.33%
Ins Owner Change4.18%
Market Cap333.72M
Analysts80
Price Target10.71 (26.9%)
Short Float %2.28%
Short Ratio1.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)59.71%
Min EPS beat(2)-13.59%
Max EPS beat(2)133%
EPS beat(4)2
Avg EPS beat(4)-306.78%
Min EPS beat(4)-1484.16%
Max EPS beat(4)137.61%
EPS beat(8)5
Avg EPS beat(8)-106.49%
EPS beat(12)7
Avg EPS beat(12)-478.87%
EPS beat(16)8
Avg EPS beat(16)-372.45%
Revenue beat(2)1
Avg Revenue beat(2)-5.7%
Min Revenue beat(2)-20.96%
Max Revenue beat(2)9.57%
Revenue beat(4)1
Avg Revenue beat(4)-4.31%
Min Revenue beat(4)-20.96%
Max Revenue beat(4)9.57%
Revenue beat(8)3
Avg Revenue beat(8)-4.25%
Revenue beat(12)6
Avg Revenue beat(12)-0.48%
Revenue beat(16)9
Avg Revenue beat(16)1.01%
PT rev (1m)-4.55%
PT rev (3m)-6.67%
EPS NQ rev (1m)-100%
EPS NQ rev (3m)-100%
EPS NY rev (1m)-37.5%
EPS NY rev (3m)-51.22%
Revenue NQ rev (1m)-1.78%
Revenue NQ rev (3m)-3.86%
Revenue NY rev (1m)0.76%
Revenue NY rev (3m)-3.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 49.65 | ||
| Fwd PE | 18.47 | ||
| P/S | 0.4 | ||
| P/FCF | 30.94 | ||
| P/OCF | 10.41 | ||
| P/B | 2.21 | ||
| P/tB | 2.21 | ||
| EV/EBITDA | 10.5 |
EPS(TTM)0.17
EY2.01%
EPS(NY)0.46
Fwd EY5.41%
FCF(TTM)0.27
FCFY3.23%
OCF(TTM)0.81
OCFY9.61%
SpS20.85
BVpS3.81
TBVpS3.81
PEG (NY)0.18
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.72% | ||
| ROE | 1.99% | ||
| ROCE | 5.64% | ||
| ROIC | 4.45% | ||
| ROICexc | 4.73% | ||
| ROICexgc | 4.73% | ||
| OM | 1.52% | ||
| PM (TTM) | 0.36% | ||
| GM | 11.97% | ||
| FCFM | 1.31% |
ROA(3y)-2.7%
ROA(5y)-1.48%
ROE(3y)-8.32%
ROE(5y)-4.43%
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 3YN/A
ROICexcg growth 5Y90.92%
ROICexc growth 3YN/A
ROICexc growth 5Y92.87%
OM growth 3YN/A
OM growth 5Y80.53%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y18.86%
GM growth 5Y4.85%
F-Score8
Asset Turnover1.98
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 4.06 | ||
| Debt/EBITDA | 0.9 | ||
| Cap/Depr | 96.04% | ||
| Cap/Sales | 2.58% | ||
| Interest Coverage | 1.05 | ||
| Cash Conversion | 92.38% | ||
| Profit Quality | 359.69% | ||
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.37 | ||
| Altman-Z | 2.83 |
F-Score8
WACC12.05%
ROIC/WACC0.37
Cap/Depr(3y)53.27%
Cap/Depr(5y)56.11%
Cap/Sales(3y)1.66%
Cap/Sales(5y)1.97%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)206.25%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%108.33%
EPS Next Y278.75%
EPS Next 2Y238.02%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)15.58%
Revenue growth 3Y9.81%
Revenue growth 5Y2.37%
Sales Q2Q%17.41%
Revenue Next Year-3.35%
Revenue Next 2Y3.62%
Revenue Next 3Y1.11%
Revenue Next 5Y2.37%
EBIT growth 1Y4312.75%
EBIT growth 3YN/A
EBIT growth 5Y84.81%
EBIT Next Year255.02%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y165.54%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y1010.74%
OCF growth 3Y465.76%
OCF growth 5YN/A