GREAT LAKES DREDGE & DOCK CO (GLDD) Stock Fundamental Analysis
USA - NASDAQ:GLDD - US3906071093 - Common Stock
11.35 USD
-0.05 (-0.44%)
11.35 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to GLDD. GLDD was compared to 55 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 may be a bit undervalued, certainly considering the very reasonable score on growth
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.
GLDD had positive earnings in 4 of the past 5 years.
In the past 5 years GLDD always reported a positive cash flow from operatings.
1.2 Ratios
GLDD has a Return On Assets of 5.77%. This is in the better half of the industry: GLDD outperforms 69.09% of its industry peers.
With a decent Return On Equity value of 14.88%, GLDD is doing good in the industry, outperforming 67.27% of the companies in the same industry.
With a decent Return On Invested Capital value of 8.20%, GLDD is doing good in the industry, outperforming 65.45% 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 has a better Profit Margin (8.63%) than 83.64% of its industry peers.
In the last couple of years the Profit Margin of GLDD has grown nicely.
GLDD has a Operating Margin of 13.63%. This is amongst the best in the industry. GLDD outperforms 90.91% of its industry peers.
In the last couple of years the Operating Margin of GLDD has declined.
Looking at the Gross Margin, with a value of 23.03%, GLDD is in the better half of the industry, outperforming 70.91% of the companies in the same industry.
In the last couple of years the Gross Margin of GLDD has remained more or less at the same level.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GLDD is destroying value.
GLDD has more shares outstanding than it did 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
Based on the Altman-Z score of 1.80, we must say that GLDD is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.80, GLDD is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
GLDD has a Debt/Equity ratio of 0.87. This is a neutral value indicating GLDD is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.87, GLDD perfoms like the industry average, outperforming 43.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.8 |
ROIC/WACC0.78
WACC10.53%
2.3 Liquidity
GLDD has a Current Ratio of 1.15. This is a normal value and indicates that GLDD is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.15, GLDD is in line with its industry, outperforming 41.82% of the companies in the same industry.
A Quick Ratio of 1.02 indicates that GLDD should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.02, GLDD is doing worse than 63.64% of the companies in the same industry.
| 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.
GLDD shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.42% yearly.
GLDD shows a strong growth in Revenue. In the last year, 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
The Earnings Per Share is expected to grow by 10.74% on average over the next years. This is quite good.
The Revenue is expected to grow by 7.03% on average over the next years.
EPS Next Y25.98%
EPS Next 2Y10.74%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year10.6%
Revenue Next 2Y7.03%
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
GLDD is valuated reasonably with a Price/Earnings ratio of 10.81.
GLDD's Price/Earnings ratio is rather cheap when compared to the industry. GLDD is cheaper than 92.73% of the companies in the same industry.
When comparing the Price/Earnings ratio of GLDD to the average of the S&P500 Index (26.19), we can say GLDD is valued rather cheaply.
The Price/Forward Earnings ratio is 11.02, which indicates a very decent valuation of GLDD.
GLDD's Price/Forward Earnings ratio is rather cheap when compared to the industry. GLDD is cheaper than 96.36% of the companies in the same industry.
GLDD is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.50, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.81 | ||
| Fwd PE | 11.02 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GLDD indicates a rather cheap valuation: GLDD is cheaper than 92.73% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.7 |
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 GLDD may justify a higher PE ratio.
PEG (NY)0.42
PEG (5Y)3.16
EPS Next 2Y10.74%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for GLDD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
11.35
-0.05 (-0.44%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners82.95%
Inst Owner Change0.43%
Ins Owners2.45%
Ins Owner Change3.64%
Market Cap771.80M
Revenue(TTM)830.57M
Net Income(TTM)71.68M
Analysts84
Price Target15.3 (34.8%)
Short Float %1.06%
Short Ratio1.83
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)1.35%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)9.84%
EPS NY rev (1m)0%
EPS NY rev (3m)9.5%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.81%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.81 | ||
| Fwd PE | 11.02 | ||
| P/S | 0.93 | ||
| P/FCF | N/A | ||
| P/OCF | 5.89 | ||
| P/B | 1.6 | ||
| P/tB | 1.9 | ||
| EV/EBITDA | 7.7 |
EPS(TTM)1.05
EY9.25%
EPS(NY)1.03
Fwd EY9.08%
FCF(TTM)-0.17
FCFYN/A
OCF(TTM)1.93
OCFY16.98%
SpS12.21
BVpS7.09
TBVpS5.96
PEG (NY)0.42
PEG (5Y)3.16
Graham Number12.94
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
ROICexgc growth 3Y-11.01%
ROICexgc 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 | 1.8 |
F-Score8
WACC10.53%
ROIC/WACC0.78
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 Y25.98%
EPS Next 2Y10.74%
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 Year10.6%
Revenue Next 2Y7.03%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y84.66%
EBIT growth 3Y2.62%
EBIT growth 5Y-1.03%
EBIT Next Year78.41%
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%
GREAT LAKES DREDGE & DOCK CO / GLDD FAQ
What is the ChartMill fundamental rating of GREAT LAKES DREDGE & DOCK CO (GLDD) stock?
ChartMill assigns a fundamental rating of 5 / 10 to GLDD.
Can you provide the valuation status for GREAT LAKES DREDGE & DOCK CO?
ChartMill assigns a valuation rating of 7 / 10 to GREAT LAKES DREDGE & DOCK CO (GLDD). This can be considered as Undervalued.
How profitable is GREAT LAKES DREDGE & DOCK CO (GLDD) stock?
GREAT LAKES DREDGE & DOCK CO (GLDD) has a profitability rating of 6 / 10.
Can you provide the expected EPS growth for GLDD stock?
The Earnings per Share (EPS) of GREAT LAKES DREDGE & DOCK CO (GLDD) is expected to grow by 25.98% in the next year.
How sustainable is the dividend of GREAT LAKES DREDGE & DOCK CO (GLDD) stock?
The dividend rating of GREAT LAKES DREDGE & DOCK CO (GLDD) is 0 / 10 and the dividend payout ratio is 0%.