15.41 USD
-0.34 (-2.16%)
15.3565 USD
-0.05 (-0.35%)
Taking everything into account, GLDD scores 5 out of 10 in our fundamental rating. 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. A decent growth rate in combination with a cheap valuation! Better keep an eye on GLDD.
1. Profitability
1.1 Basic Checks
- GLDD had positive earnings in the past year.
- GLDD had a positive operating cash flow in the past year.
- 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
- With a decent Return On Assets value of 6.35%, GLDD is doing good in the industry, outperforming 69.09% of the companies in the same industry.
- GLDD has a better Return On Equity (16.04%) than 65.45% of its industry peers.
- With a decent Return On Invested Capital value of 8.68%, GLDD is doing good in the industry, outperforming 65.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.35% | ||
| ROE | 16.04% | ||
| ROIC | 8.68% |
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
- With an excellent Profit Margin value of 9.65%, GLDD belongs to the best of the industry, outperforming 83.64% of the companies in the same industry.
- In the last couple of years the Profit Margin of GLDD has grown nicely.
- With an excellent Operating Margin value of 14.74%, GLDD belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
- GLDD's Operating Margin has declined in the last couple of years.
- GLDD's Gross Margin of 23.82% is fine compared to the rest of the industry. GLDD outperforms 72.73% of its industry peers.
- GLDD's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.74% | ||
| PM (TTM) | 9.65% | ||
| GM | 23.82% |
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.
- The number of shares outstanding for GLDD has been increased compared to 1 year ago.
- GLDD has more shares outstanding than it did 5 years ago.
- GLDD has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 2.06 indicates that GLDD is not a great score, but indicates only limited risk for bankruptcy at the moment.
- With a Altman-Z score value of 2.06, GLDD is not doing good in the industry: 61.82% of the companies in the same industry are doing better.
- GLDD has a debt to FCF ratio of 31.98. This is a negative value and a sign of low solvency as GLDD would need 31.98 years to pay back of all of its debts.
- GLDD's Debt to FCF ratio of 31.98 is in line compared to the rest of the industry. GLDD outperforms 47.27% of its industry peers.
- GLDD has a Debt/Equity ratio of 0.83. This is a neutral value indicating GLDD is somewhat dependend on debt financing.
- GLDD has a Debt to Equity ratio (0.83) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | 31.98 | ||
| Altman-Z | 2.06 |
ROIC/WACC0.87
WACC9.97%
2.3 Liquidity
- GLDD has a Current Ratio of 1.20. 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 1.20, GLDD is in line with its industry, outperforming 45.45% of the companies in the same industry.
- A Quick Ratio of 1.06 indicates that GLDD should not have too much problems paying its short term obligations.
- With a Quick ratio value of 1.06, GLDD is not doing good in the industry: 65.45% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.2 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 35.63% over the past year.
- Measured over the past 5 years, GLDD shows a small growth in Earnings Per Share. The EPS has been growing by 3.42% on average per year.
- GLDD shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.53%.
- GLDD shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.40% yearly.
EPS 1Y (TTM)35.63%
EPS 3Y4.32%
EPS 5Y3.42%
EPS Q2Q%100%
Revenue 1Y (TTM)12.53%
Revenue growth 3Y1.65%
Revenue growth 5Y1.4%
Sales Q2Q%2.11%
3.2 Future
- The Earnings Per Share is expected to grow by 12.58% on average over the next years. This is quite good.
- GLDD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.12% yearly.
EPS Next Y35.51%
EPS Next 2Y15.26%
EPS Next 3Y12.58%
EPS Next 5YN/A
Revenue Next Year9.61%
Revenue Next 2Y7.1%
Revenue Next 3Y6.12%
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
- The Price/Earnings ratio is 13.06, which indicates a correct valuation of GLDD.
- 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.
- Compared to an average S&P500 Price/Earnings ratio of 27.21, GLDD is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 13.81, the valuation of GLDD can be described as correct.
- Based on the Price/Forward Earnings ratio, GLDD is valued cheaply inside the industry as 98.18% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.26, GLDD is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.06 | ||
| Fwd PE | 13.81 |
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 89.09% of the companies listed in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of GLDD is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 80.32 | ||
| EV/EBITDA | 8.91 |
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.
- GLDD's earnings are expected to grow with 12.58% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.37
PEG (5Y)3.82
EPS Next 2Y15.26%
EPS Next 3Y12.58%
5. Dividend
5.1 Amount
- GLDD does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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.
What is the valuation status of GREAT LAKES DREDGE & DOCK CO (GLDD) stock?
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.
How financially healthy is GREAT LAKES DREDGE & DOCK CO?
The financial health rating of GREAT LAKES DREDGE & DOCK CO (GLDD) is 3 / 10.
Is the dividend of GREAT LAKES DREDGE & DOCK CO sustainable?
The dividend rating of GREAT LAKES DREDGE & DOCK CO (GLDD) is 0 / 10 and the dividend payout ratio is 0%.