TUTOR PERINI CORP (TPC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TPC - US9011091082 - Common Stock
77.28 USD
+1.27 (+1.67%)
We assign a fundamental rating of 3 out of 10 to TPC. TPC was compared to 55 industry peers in the Construction & Engineering industry. The financial health of TPC is average, but there are quite some concerns on its profitability. TPC is not valued too expensively and it also shows a decent 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.
- The reported net income has been mixed in the past 5 years: TPC reported negative net income in multiple years.
- TPC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- The Return On Assets of TPC (-0.54%) is worse than 69.09% of its industry peers.
- Looking at the Return On Equity, with a value of -2.34%, TPC is doing worse than 69.09% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 3.86%, TPC is in line with its industry, outperforming 43.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.54% | ||
| ROE | -2.34% | ||
| ROIC | 3.86% |
ROA(3y)-4.12%
ROA(5y)-1.65%
ROE(3y)-14.06%
ROE(5y)-5.93%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- The Operating Margin of TPC (1.87%) is worse than 67.27% of its industry peers.
- Looking at the Gross Margin, with a value of 9.61%, TPC is doing worse than 70.91% of the companies in the same industry.
- In the last couple of years the Gross Margin of TPC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.87% | ||
| PM (TTM) | N/A | ||
| GM | 9.61% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-23.19%
GM growth 5Y-3.47%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TPC is destroying value.
- Compared to 1 year ago, TPC has more shares outstanding
- TPC has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for TPC has been reduced compared to a year ago.
2.2 Solvency
- TPC has an Altman-Z score of 1.88. This is not the best score and indicates that TPC is in the grey zone with still only limited risk for bankruptcy at the moment.
- TPC has a worse Altman-Z score (1.88) than 65.45% of its industry peers.
- TPC has a debt to FCF ratio of 0.79. This is a very positive value and a sign of high solvency as it would only need 0.79 years to pay back of all of its debts.
- TPC's Debt to FCF ratio of 0.79 is amongst the best of the industry. TPC outperforms 87.27% of its industry peers.
- A Debt/Equity ratio of 0.33 indicates that TPC is not too dependend on debt financing.
- TPC has a Debt to Equity ratio of 0.33. This is in the better half of the industry: TPC outperforms 67.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 0.79 | ||
| Altman-Z | 1.88 |
ROIC/WACC0.35
WACC10.88%
2.3 Liquidity
- TPC has a Current Ratio of 1.30. This is a normal value and indicates that TPC is financially healthy and should not expect problems in meeting its short term obligations.
- TPC's Current ratio of 1.30 is in line compared to the rest of the industry. TPC outperforms 56.36% of its industry peers.
- TPC has a Quick Ratio of 1.30. This is a normal value and indicates that TPC is financially healthy and should not expect problems in meeting its short term obligations.
- TPC has a Quick ratio of 1.30. This is in the better half of the industry: TPC outperforms 61.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.3 | ||
| Quick Ratio | 1.3 |
3. Growth
3.1 Past
- TPC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 78.88%, which is quite impressive.
- The Revenue has grown by 19.22% in the past year. This is quite good.
- TPC shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.56% yearly.
EPS 1Y (TTM)78.88%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%103.65%
Revenue 1Y (TTM)19.22%
Revenue growth 3Y-2.31%
Revenue growth 5Y-0.56%
Sales Q2Q%30.71%
3.2 Future
- Based on estimates for the next years, TPC will show a very strong growth in Earnings Per Share. The EPS will grow by 62.07% on average per year.
- TPC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.53% yearly.
EPS Next Y153.04%
EPS Next 2Y75.73%
EPS Next 3Y62.07%
EPS Next 5YN/A
Revenue Next Year24.05%
Revenue Next 2Y19.34%
Revenue Next 3Y15.53%
Revenue Next 5YN/A
3.3 Evolution
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- TPC reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- TPC is valuated rather expensively with a Price/Forward Earnings ratio of 22.84.
- TPC's Price/Forward Earnings ratio is rather cheap when compared to the industry. TPC is cheaper than 81.82% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.98, TPC is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 22.84 |
4.2 Price Multiples
- TPC's Enterprise Value to EBITDA is on the same level as the industry average.
- 96.36% of the companies in the same industry are more expensive than TPC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.76 | ||
| EV/EBITDA | 25.52 |
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.
- TPC's earnings are expected to grow with 62.07% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y75.73%
EPS Next 3Y62.07%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.31%, TPC is not a good candidate for dividend investing.
- TPC's Dividend Yield is rather good when compared to the industry average which is at 0.44. TPC pays more dividend than 85.45% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.81, TPC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.31% |
5.2 History
- TPC is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y75.73%
EPS Next 3Y62.07%
TUTOR PERINI CORP / TPC FAQ
What is the fundamental rating for TPC stock?
ChartMill assigns a fundamental rating of 3 / 10 to TPC.
What is the valuation status of TUTOR PERINI CORP (TPC) stock?
ChartMill assigns a valuation rating of 5 / 10 to TUTOR PERINI CORP (TPC). This can be considered as Fairly Valued.
Can you provide the profitability details for TUTOR PERINI CORP?
TUTOR PERINI CORP (TPC) has a profitability rating of 1 / 10.