PRIMORIS SERVICES CORP (PRIM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PRIM - US74164F1030 - Common Stock
123.61 USD
+6.56 (+5.6%)
123.61 USD
0 (0%)
Taking everything into account, PRIM scores 6 out of 10 in our fundamental rating. PRIM was compared to 55 industry peers in the Construction & Engineering industry. Both the profitability and the financial health of PRIM get a neutral evaluation. Nothing too spectacular is happening here. 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.
In the past 5 years PRIM has always been profitable.
PRIM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PRIM's Return On Assets of 5.96% is fine compared to the rest of the industry. PRIM outperforms 67.27% of its industry peers.
The Return On Equity of PRIM (17.03%) is better than 69.09% of its industry peers.
Looking at the Return On Invested Capital, with a value of 12.01%, PRIM is in the better half of the industry, outperforming 74.55% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for PRIM is significantly below the industry average of 17.27%.
The 3 year average ROIC (7.18%) for PRIM is below the current ROIC(12.01%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.96% | ||
| ROE | 17.03% | ||
| ROIC | 12.01% |
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
With a Profit Margin value of 3.72%, PRIM perfoms like the industry average, outperforming 58.18% of the companies in the same industry.
PRIM's Profit Margin has been stable in the last couple of years.
PRIM has a Operating Margin of 5.69%. This is comparable to the rest of the industry: PRIM outperforms 54.55% of its industry peers.
PRIM's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 11.03%, PRIM is not doing good in the industry: 70.91% of the companies in the same industry are doing better.
PRIM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.69% | ||
| PM (TTM) | 3.72% | ||
| GM | 11.03% |
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.
PRIM has more shares outstanding than it did 1 year ago.
PRIM has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, PRIM has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.67 indicates that PRIM is not in any danger for bankruptcy at the moment.
PRIM has a better Altman-Z score (3.67) than 65.45% of its industry peers.
The Debt to FCF ratio of PRIM is 0.99, which is an excellent value as it means it would take PRIM, only 0.99 years of fcf income to pay off all of its debts.
PRIM has a better Debt to FCF ratio (0.99) than 81.82% of its industry peers.
A Debt/Equity ratio of 0.26 indicates that PRIM is not too dependend on debt financing.
PRIM's Debt to Equity ratio of 0.26 is fine compared to the rest of the industry. PRIM outperforms 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 0.99 | ||
| Altman-Z | 3.67 |
ROIC/WACC1.17
WACC10.3%
2.3 Liquidity
A Current Ratio of 1.20 indicates that PRIM should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.20, PRIM is in line with its industry, outperforming 43.64% of the companies in the same industry.
PRIM has a Quick Ratio of 1.20. This is a normal value and indicates that PRIM is financially healthy and should not expect problems in meeting its short term obligations.
PRIM's Quick ratio of 1.20 is in line compared to the rest of the industry. PRIM outperforms 50.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.2 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
PRIM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 65.79%, which is quite impressive.
PRIM shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.96% yearly.
Looking at the last year, PRIM shows a very strong growth in Revenue. The Revenue has grown by 21.45%.
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)65.79%
EPS 3Y21.73%
EPS 5Y18.96%
EPS Q2Q%54.1%
Revenue 1Y (TTM)21.45%
Revenue growth 3Y22.1%
Revenue growth 5Y15.43%
Sales Q2Q%32.1%
3.2 Future
The Earnings Per Share is expected to grow by 13.02% on average over the next years. This is quite good.
PRIM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.99% yearly.
EPS Next Y34.94%
EPS Next 2Y23.64%
EPS Next 3Y21.88%
EPS Next 5Y13.02%
Revenue Next Year14.07%
Revenue Next 2Y11.3%
Revenue Next 3Y11.09%
Revenue Next 5Y7.99%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 21.80 indicates a rather expensive valuation of PRIM.
80.00% of the companies in the same industry are more expensive than PRIM, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 25.47. PRIM is around the same levels.
Based on the Price/Forward Earnings ratio of 20.95, the valuation of PRIM can be described as rather expensive.
Based on the Price/Forward Earnings ratio, PRIM is valued a bit cheaper than 74.55% of the companies in the same industry.
PRIM's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 34.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.8 | ||
| Fwd PE | 20.95 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PRIM indicates a somewhat cheap valuation: PRIM is cheaper than 78.18% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, PRIM is valued cheaper than 87.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.65 | ||
| EV/EBITDA | 12.39 |
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 21.88% in the coming years.
PEG (NY)0.62
PEG (5Y)1.15
EPS Next 2Y23.64%
EPS Next 3Y21.88%
5. Dividend
5.1 Amount
PRIM has a yearly dividend return of 0.27%, which is pretty low.
PRIM's Dividend Yield is rather good when compared to the industry average which is at 1.73. PRIM pays more dividend than 83.64% of the companies in the same industry.
With a Dividend Yield of 0.27, PRIM pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.27% |
5.2 History
The dividend of PRIM decreases each year by -0.43%.
PRIM has paid a dividend for at least 10 years, which is 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
5.83% of the earnings are spent on dividend by PRIM. This is a low number and sustainable payout ratio.
DP5.83%
EPS Next 2Y23.64%
EPS Next 3Y21.88%
123.61
+6.56 (+5.6%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners100.46%
Inst Owner Change-2.24%
Ins Owners0.86%
Ins Owner Change-1.12%
Market Cap6.68B
Revenue(TTM)7.46B
Net Income(TTM)277.14M
Analysts81.11
Price Target157.68 (27.56%)
Short Float %3.07%
Short Ratio1.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.27% |
Yearly Dividend0.24
Dividend Growth(5Y)-0.43%
DP5.83%
Div Incr Years1
Div Non Decr Years16
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)42.95%
Min EPS beat(2)33.49%
Max EPS beat(2)52.4%
EPS beat(4)4
Avg EPS beat(4)45.18%
Min EPS beat(4)33.49%
Max EPS beat(4)52.4%
EPS beat(8)8
Avg EPS beat(8)58.61%
EPS beat(12)12
Avg EPS beat(12)52.75%
EPS beat(16)12
Avg EPS beat(16)26.6%
Revenue beat(2)2
Avg Revenue beat(2)12.84%
Min Revenue beat(2)9.74%
Max Revenue beat(2)15.94%
Revenue beat(4)4
Avg Revenue beat(4)10.3%
Min Revenue beat(4)7.09%
Max Revenue beat(4)15.94%
Revenue beat(8)6
Avg Revenue beat(8)4.95%
Revenue beat(12)9
Avg Revenue beat(12)5.14%
Revenue beat(16)11
Avg Revenue beat(16)4.29%
PT rev (1m)23.08%
PT rev (3m)60.81%
EPS NQ rev (1m)-7.27%
EPS NQ rev (3m)-3.4%
EPS NY rev (1m)1.55%
EPS NY rev (3m)13.85%
Revenue NQ rev (1m)4.36%
Revenue NQ rev (3m)5.8%
Revenue NY rev (1m)0.43%
Revenue NY rev (3m)4.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.8 | ||
| Fwd PE | 20.95 | ||
| P/S | 0.9 | ||
| P/FCF | 13.65 | ||
| P/OCF | 10.67 | ||
| P/B | 4.1 | ||
| P/tB | 11.58 | ||
| EV/EBITDA | 12.39 |
EPS(TTM)5.67
EY4.59%
EPS(NY)5.9
Fwd EY4.77%
FCF(TTM)9.06
FCFY7.33%
OCF(TTM)11.58
OCFY9.37%
SpS138.05
BVpS30.13
TBVpS10.67
PEG (NY)0.62
PEG (5Y)1.15
Graham Number62
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.96% | ||
| ROE | 17.03% | ||
| ROCE | 16.91% | ||
| ROIC | 12.01% | ||
| ROICexc | 14.5% | ||
| ROICexgc | 29.34% | ||
| OM | 5.69% | ||
| PM (TTM) | 3.72% | ||
| GM | 11.03% | ||
| FCFM | 6.56% |
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 Turnover1.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 0.99 | ||
| Debt/EBITDA | 0.82 | ||
| Cap/Depr | 151.04% | ||
| Cap/Sales | 1.83% | ||
| Interest Coverage | 13.36 | ||
| Cash Conversion | 121.58% | ||
| Profit Quality | 176.59% | ||
| Current Ratio | 1.2 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 3.67 |
F-Score7
WACC10.3%
ROIC/WACC1.17
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)65.79%
EPS 3Y21.73%
EPS 5Y18.96%
EPS Q2Q%54.1%
EPS Next Y34.94%
EPS Next 2Y23.64%
EPS Next 3Y21.88%
EPS Next 5Y13.02%
Revenue 1Y (TTM)21.45%
Revenue growth 3Y22.1%
Revenue growth 5Y15.43%
Sales Q2Q%32.1%
Revenue Next Year14.07%
Revenue Next 2Y11.3%
Revenue Next 3Y11.09%
Revenue Next 5Y7.99%
EBIT growth 1Y37.94%
EBIT growth 3Y19.69%
EBIT growth 5Y17.82%
EBIT Next Year62.14%
EBIT Next 3Y25.55%
EBIT Next 5Y15.9%
FCF growth 1Y537.74%
FCF growth 3YN/A
FCF growth 5Y74.64%
OCF growth 1Y251.1%
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 21.8 and the Price/Book (PB) ratio is 4.1.
Can you provide the financial health for PRIM stock?
The financial health rating of PRIMORIS SERVICES CORP (PRIM) is 6 / 10.