PRIMORIS SERVICES CORP (PRIM) Stock Fundamental Analysis
USA - NYSE:PRIM - US74164F1030 - Common Stock
140.93 USD
-0.86 (-0.61%)
140.93 USD
0 (0%)
Overall PRIM gets a fundamental rating of 6 out of 10. We evaluated PRIM against 55 industry peers in the Construction & Engineering industry. PRIM has only an average score on both its financial health and profitability. PRIM has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
PRIM had positive earnings in the past year.
In the past year PRIM had a positive cash flow from operations.
PRIM had positive earnings in each of the past 5 years.
In the past 5 years PRIM always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.31%, PRIM is in the better half of the industry, outperforming 65.45% of the companies in the same industry.
PRIM has a Return On Equity of 15.70%. This is in the better half of the industry: PRIM outperforms 70.91% of its industry peers.
PRIM has a Return On Invested Capital of 10.91%. This is in the better half of the industry: PRIM outperforms 74.55% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PRIM is significantly below the industry average of 17.12%.
The 3 year average ROIC (7.18%) for PRIM is below the current ROIC(10.91%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.31% | ||
| ROE | 15.7% | ||
| ROIC | 10.91% |
ROA(3y)3.79%
ROA(5y)4.25%
ROE(3y)11.68%
ROE(5y)12.28%
ROIC(3y)7.18%
ROIC(5y)7.76%
1.3 Margins
Looking at the Profit Margin, with a value of 3.48%, PRIM is in line with its industry, outperforming 58.18% of the companies in the same industry.
PRIM's Profit Margin has been stable in the last couple of years.
With a Operating Margin value of 5.58%, PRIM perfoms like the industry average, outperforming 56.36% of the companies in the same industry.
PRIM's Operating Margin has improved in the last couple of years.
The Gross Margin of PRIM (11.34%) is worse than 65.45% of its industry peers.
PRIM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.58% | ||
| PM (TTM) | 3.48% | ||
| GM | 11.34% |
OM growth 3Y-1.97%
OM growth 5Y2.07%
PM growth 3Y-4.92%
PM growth 5Y1.41%
GM growth 3Y-2.49%
GM growth 5Y0.73%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PRIM is still creating some value.
The number of shares outstanding for PRIM has been increased compared to 1 year ago.
The number of shares outstanding for PRIM has been increased compared to 5 years ago.
PRIM has a better debt/assets ratio than last year.
2.2 Solvency
PRIM has an Altman-Z score of 3.84. This indicates that PRIM is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of PRIM (3.84) is better than 63.64% of its industry peers.
The Debt to FCF ratio of PRIM is 1.21, which is an excellent value as it means it would take PRIM, only 1.21 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of PRIM (1.21) is better than 81.82% of its industry peers.
A Debt/Equity ratio of 0.34 indicates that PRIM is not too dependend on debt financing.
PRIM has a Debt to Equity ratio of 0.34. This is in the better half of the industry: PRIM outperforms 67.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 1.21 | ||
| Altman-Z | 3.84 |
ROIC/WACC1.03
WACC10.55%
2.3 Liquidity
PRIM has a Current Ratio of 1.22. This is a normal value and indicates that PRIM is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.22, PRIM is in line with its industry, outperforming 47.27% of the companies in the same industry.
PRIM has a Quick Ratio of 1.22. This is a normal value and indicates that PRIM is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.22, PRIM is in line with its industry, outperforming 52.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.22 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 62.14% over the past year.
Measured over the past years, PRIM shows a quite strong growth in Earnings Per Share. The EPS has been growing by 18.96% on average per year.
Looking at the last year, PRIM shows a quite strong growth in Revenue. The Revenue has grown by 15.08% in the last year.
PRIM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.43% yearly.
EPS 1Y (TTM)62.14%
EPS 3Y21.73%
EPS 5Y18.96%
EPS Q2Q%61.54%
Revenue 1Y (TTM)15.08%
Revenue growth 3Y22.1%
Revenue growth 5Y15.43%
Sales Q2Q%20.91%
3.2 Future
PRIM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.61% yearly.
Based on estimates for the next years, PRIM will show a quite strong growth in Revenue. The Revenue will grow by 9.60% on average per year.
EPS Next Y32.87%
EPS Next 2Y22.78%
EPS Next 3Y20.76%
EPS Next 5Y15.61%
Revenue Next Year13.58%
Revenue Next 2Y11.06%
Revenue Next 3Y10.82%
Revenue Next 5Y9.6%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 28.13, PRIM can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of PRIM indicates a somewhat cheap valuation: PRIM is cheaper than 70.91% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.08, PRIM is valued at the same level.
With a Price/Forward Earnings ratio of 24.22, PRIM is valued on the expensive side.
Based on the Price/Forward Earnings ratio, PRIM is valued a bit cheaper than the industry average as 69.09% of the companies are valued more expensively.
PRIM is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.09, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.13 | ||
| Fwd PE | 24.22 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PRIM is valued a bit cheaper than the industry average as 72.73% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PRIM indicates a rather cheap valuation: PRIM is cheaper than 81.82% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.23 | ||
| EV/EBITDA | 16.54 |
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.
The decent profitability rating of PRIM may justify a higher PE ratio.
A more expensive valuation may be justified as PRIM's earnings are expected to grow with 20.76% in the coming years.
PEG (NY)0.86
PEG (5Y)1.48
EPS Next 2Y22.78%
EPS Next 3Y20.76%
5. Dividend
5.1 Amount
With a yearly dividend of 0.24%, PRIM is not a good candidate for dividend investing.
PRIM's Dividend Yield is rather good when compared to the industry average which is at 1.69. PRIM pays more dividend than 83.64% of the companies in the same industry.
With a Dividend Yield of 0.24, PRIM pays less dividend than the S&P500 average, which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.24% |
5.2 History
The dividend of PRIM decreases each year by -0.43%.
PRIM has been paying a dividend for at least 10 years, so it has a reliable track record.
PRIM has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)-0.43%
Div Incr Years1
Div Non Decr Years16
5.3 Sustainability
6.25% of the earnings are spent on dividend by PRIM. This is a low number and sustainable payout ratio.
DP6.25%
EPS Next 2Y22.78%
EPS Next 3Y20.76%
140.93
-0.86 (-0.61%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners100.46%
Inst Owner Change0.68%
Ins Owners0.86%
Ins Owner Change-0.93%
Market Cap7.61B
Revenue(TTM)6.93B
Net Income(TTM)240.96M
Analysts84.71
Price Target128.11 (-9.1%)
Short Float %3.1%
Short Ratio2.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.24% |
Yearly Dividend0.24
Dividend Growth(5Y)-0.43%
DP6.25%
Div Incr Years1
Div Non Decr Years16
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)49.47%
Min EPS beat(2)46.53%
Max EPS beat(2)52.4%
EPS beat(4)4
Avg EPS beat(4)41.07%
Min EPS beat(4)17.07%
Max EPS beat(4)52.4%
EPS beat(8)8
Avg EPS beat(8)55.93%
EPS beat(12)11
Avg EPS beat(12)49.9%
EPS beat(16)12
Avg EPS beat(16)24.65%
Revenue beat(2)2
Avg Revenue beat(2)9.08%
Min Revenue beat(2)8.43%
Max Revenue beat(2)9.74%
Revenue beat(4)4
Avg Revenue beat(4)6.86%
Min Revenue beat(4)2.17%
Max Revenue beat(4)9.74%
Revenue beat(8)6
Avg Revenue beat(8)3.53%
Revenue beat(12)9
Avg Revenue beat(12)4.31%
Revenue beat(16)10
Avg Revenue beat(16)2.69%
PT rev (1m)3.14%
PT rev (3m)34.91%
EPS NQ rev (1m)-1.45%
EPS NQ rev (3m)2.85%
EPS NY rev (1m)1.22%
EPS NY rev (3m)12.11%
Revenue NQ rev (1m)0.11%
Revenue NQ rev (3m)4.53%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)4.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.13 | ||
| Fwd PE | 24.22 | ||
| P/S | 1.1 | ||
| P/FCF | 15.23 | ||
| P/OCF | 11.44 | ||
| P/B | 4.96 | ||
| P/tB | 15.89 | ||
| EV/EBITDA | 16.54 |
EPS(TTM)5.01
EY3.55%
EPS(NY)5.82
Fwd EY4.13%
FCF(TTM)9.25
FCFY6.57%
OCF(TTM)12.32
OCFY8.74%
SpS128.3
BVpS28.41
TBVpS8.87
PEG (NY)0.86
PEG (5Y)1.48
Graham Number56.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.31% | ||
| ROE | 15.7% | ||
| ROCE | 15.37% | ||
| ROIC | 10.91% | ||
| ROICexc | 12.92% | ||
| ROICexgc | 25.65% | ||
| OM | 5.58% | ||
| PM (TTM) | 3.48% | ||
| GM | 11.34% | ||
| FCFM | 7.21% |
ROA(3y)3.79%
ROA(5y)4.25%
ROE(3y)11.68%
ROE(5y)12.28%
ROIC(3y)7.18%
ROIC(5y)7.76%
ROICexc(3y)8.27%
ROICexc(5y)9.34%
ROICexgc(3y)16.68%
ROICexgc(5y)17.14%
ROCE(3y)10.11%
ROCE(5y)10.93%
ROICexgc growth 3Y12.35%
ROICexgc growth 5Y11.28%
ROICexc growth 3Y9.48%
ROICexc growth 5Y2.67%
OM growth 3Y-1.97%
OM growth 5Y2.07%
PM growth 3Y-4.92%
PM growth 5Y1.41%
GM growth 3Y-2.49%
GM growth 5Y0.73%
F-Score7
Asset Turnover1.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 1.21 | ||
| Debt/EBITDA | 1.1 | ||
| Cap/Depr | 185.78% | ||
| Cap/Sales | 2.39% | ||
| Interest Coverage | 11.21 | ||
| Cash Conversion | 139.78% | ||
| Profit Quality | 207.38% | ||
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.22 | ||
| Altman-Z | 3.84 |
F-Score7
WACC10.55%
ROIC/WACC1.03
Cap/Depr(3y)108.07%
Cap/Depr(5y)105.81%
Cap/Sales(3y)1.98%
Cap/Sales(5y)2.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)62.14%
EPS 3Y21.73%
EPS 5Y18.96%
EPS Q2Q%61.54%
EPS Next Y32.87%
EPS Next 2Y22.78%
EPS Next 3Y20.76%
EPS Next 5Y15.61%
Revenue 1Y (TTM)15.08%
Revenue growth 3Y22.1%
Revenue growth 5Y15.43%
Sales Q2Q%20.91%
Revenue Next Year13.58%
Revenue Next 2Y11.06%
Revenue Next 3Y10.82%
Revenue Next 5Y9.6%
EBIT growth 1Y30.38%
EBIT growth 3Y19.69%
EBIT growth 5Y17.82%
EBIT Next Year62.14%
EBIT Next 3Y25.55%
EBIT Next 5Y21.56%
FCF growth 1Y2134.86%
FCF growth 3YN/A
FCF growth 5Y74.64%
OCF growth 1Y610.62%
OCF growth 3Y85.41%
OCF growth 5Y33.92%
PRIMORIS SERVICES CORP / PRIM FAQ
Can you provide the ChartMill fundamental rating for PRIMORIS SERVICES CORP?
ChartMill assigns a fundamental rating of 6 / 10 to PRIM.
What is the valuation status of PRIMORIS SERVICES CORP (PRIM) stock?
ChartMill assigns a valuation rating of 6 / 10 to PRIMORIS SERVICES CORP (PRIM). This can be considered as Fairly Valued.
What is the profitability of PRIM stock?
PRIMORIS SERVICES CORP (PRIM) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for PRIM stock?
The Price/Earnings (PE) ratio for PRIMORIS SERVICES CORP (PRIM) is 28.13 and the Price/Book (PB) ratio is 4.96.
Can you provide the financial health for PRIM stock?
The financial health rating of PRIMORIS SERVICES CORP (PRIM) is 6 / 10.