GREAT LAKES DREDGE & DOCK CO (GLDD) Stock Fundamental Analysis
NASDAQ:GLDD - Nasdaq - US3906071093 - Common Stock - Currency: USD
GLDD gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 47 industry peers in the Construction & Engineering industry. While GLDD is still in line with the averages on profitability rating, there are concerns on its financial health. GLDD is growing strongly while it is still valued neutral. This is a good combination!
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.
Each year in the past 5 years GLDD had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.56%, GLDD is in the better half of the industry, outperforming 65.96% of the companies in the same industry.
With a decent Return On Equity value of 12.76%, GLDD is doing good in the industry, outperforming 63.83% of the companies in the same industry.
GLDD has a Return On Invested Capital of 6.56%. This is in the better half of the industry: GLDD outperforms 61.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.56% | ||
| ROE | 12.76% | ||
| ROIC | 6.56% |
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 Profit Margin of 7.51%. This is amongst the best in the industry. GLDD outperforms 82.98% of its industry peers.
In the last couple of years the Profit Margin of GLDD has grown nicely.
GLDD has a Operating Margin of 11.77%. This is amongst the best in the industry. GLDD outperforms 91.49% of its industry peers.
GLDD's Operating Margin has declined in the last couple of years.
The Gross Margin of GLDD (21.05%) is better than 70.21% of its industry peers.
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 | 11.77% | ||
| PM (TTM) | 7.51% | ||
| GM | 21.05% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GLDD is destroying value.
GLDD has more shares outstanding than it did 1 year ago.
The number of shares outstanding for GLDD has been increased compared to 5 years ago.
GLDD has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.42, we must say that GLDD is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.42, GLDD is not doing good in the industry: 65.96% of the companies in the same industry are doing better.
A Debt/Equity ratio of 1.00 indicates that GLDD is somewhat dependend on debt financing.
The Debt to Equity ratio of GLDD (1.00) is worse than 61.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.42 |
ROIC/WACC0.71
WACC9.22%
2.3 Liquidity
GLDD has a Current Ratio of 1.22. This is a normal value and indicates that GLDD is financially healthy and should not expect problems in meeting its short term obligations.
GLDD has a worse Current ratio (1.22) than 61.70% of its industry peers.
A Quick Ratio of 1.08 indicates that GLDD should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.08, GLDD is not doing good in the industry: 70.21% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.08 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 300.00% over the past year.
The Earnings Per Share has been growing slightly by 3.42% on average over the past years.
Looking at the last year, GLDD shows a very strong growth in Revenue. The Revenue has grown by 29.35%.
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)300%
EPS 3Y4.32%
EPS 5Y3.42%
EPS Q2Q%-9.38%
Revenue 1Y (TTM)29.35%
Revenue growth 3Y1.65%
Revenue growth 5Y1.4%
Sales Q2Q%11.58%
3.2 Future
GLDD is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.53% yearly.
GLDD is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.37% yearly.
EPS Next Y2%
EPS Next 2Y8.53%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.88%
Revenue Next 2Y9.37%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
A Price/Earnings ratio of 9.33 indicates a reasonable valuation of GLDD.
Compared to the rest of the industry, the Price/Earnings ratio of GLDD indicates a rather cheap valuation: GLDD is cheaper than 93.62% of the companies listed in the same industry.
GLDD's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.41.
The Price/Forward Earnings ratio is 9.15, 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 93.62% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.12, GLDD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.33 | ||
| Fwd PE | 9.15 |
4.2 Price Multiples
95.74% of the companies in the same industry are more expensive than GLDD, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.3 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates GLDD does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of GLDD may justify a higher PE ratio.
PEG (NY)4.67
PEG (5Y)2.73
EPS Next 2Y8.53%
EPS Next 3YN/A
5. Dividend
5.1 Amount
GLDD does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NASDAQ:GLDD (3/5/2025, 1:35:39 PM)
7.84
-0.01 (-0.13%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners85.36%
Inst Owner Change12.39%
Ins Owners1.98%
Ins Owner Change-0.33%
Market Cap527.40M
Analysts84.44
Price Target15.05 (91.96%)
Short Float %1.08%
Short Ratio1.53
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.11%
Min EPS beat(2)-29.19%
Max EPS beat(2)24.97%
EPS beat(4)3
Avg EPS beat(4)185.06%
Min EPS beat(4)-29.19%
Max EPS beat(4)439.22%
EPS beat(8)7
Avg EPS beat(8)148.76%
EPS beat(12)8
Avg EPS beat(12)24.11%
EPS beat(16)9
Avg EPS beat(16)10.05%
Revenue beat(2)1
Avg Revenue beat(2)-1.54%
Min Revenue beat(2)-4.89%
Max Revenue beat(2)1.81%
Revenue beat(4)3
Avg Revenue beat(4)2.54%
Min Revenue beat(4)-4.89%
Max Revenue beat(4)12.26%
Revenue beat(8)4
Avg Revenue beat(8)-1.69%
Revenue beat(12)5
Avg Revenue beat(12)-2.89%
Revenue beat(16)5
Avg Revenue beat(16)-4.72%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)33.47%
EPS NQ rev (3m)29.1%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.75%
Revenue NQ rev (1m)4.13%
Revenue NQ rev (3m)4.13%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.33 | ||
| Fwd PE | 9.15 | ||
| P/S | 0.69 | ||
| P/FCF | N/A | ||
| P/OCF | 7.53 | ||
| P/B | 1.17 | ||
| P/tB | 1.42 | ||
| EV/EBITDA | 7.3 |
EPS(TTM)0.84
EY10.71%
EPS(NY)0.86
Fwd EY10.93%
FCF(TTM)-0.82
FCFYN/A
OCF(TTM)1.04
OCFY13.28%
SpS11.34
BVpS6.67
TBVpS5.53
PEG (NY)4.67
PEG (5Y)2.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.56% | ||
| ROE | 12.76% | ||
| ROCE | 8.64% | ||
| ROIC | 6.56% | ||
| ROICexc | 6.63% | ||
| ROICexgc | 7.16% | ||
| OM | 11.77% | ||
| PM (TTM) | 7.51% | ||
| GM | 21.05% | ||
| 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
ROICexcg growth 3Y-11.01%
ROICexcg 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-Score7
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.38 | ||
| Cap/Depr | 293.09% | ||
| Cap/Sales | 16.41% | ||
| Interest Coverage | 3.02 | ||
| Cash Conversion | 52.87% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.08 | ||
| Altman-Z | 1.42 |
F-Score7
WACC9.22%
ROIC/WACC0.71
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)300%
EPS 3Y4.32%
EPS 5Y3.42%
EPS Q2Q%-9.38%
EPS Next Y2%
EPS Next 2Y8.53%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)29.35%
Revenue growth 3Y1.65%
Revenue growth 5Y1.4%
Sales Q2Q%11.58%
Revenue Next Year6.88%
Revenue Next 2Y9.37%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y332.2%
EBIT growth 3Y2.62%
EBIT growth 5Y-1.03%
EBIT Next Year62.48%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y46.74%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y47.73%
OCF growth 3Y12.66%
OCF growth 5Y-18.3%