15.2816 USD
-0.04 (-0.25%)
Overall GLDD gets a fundamental rating of 5 out of 10. We evaluated GLDD against 55 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 valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
- In the past year GLDD was profitable.
- In the past year GLDD had a positive cash flow from operations.
- Of the past 5 years GLDD 4 years were profitable.
- 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 6.35%, GLDD is in the better half of the industry, outperforming 69.09% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 16.04%, GLDD is in the better half of the industry, outperforming 65.45% of the companies in the same industry.
- GLDD has a better Return On Invested Capital (8.68%) than 65.45% of its industry peers.
| 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
- GLDD's Profit Margin of 9.65% is amongst the best of the industry. GLDD outperforms 83.64% of its industry peers.
- In the last couple of years the Profit Margin of GLDD has grown nicely.
- GLDD's Operating Margin of 14.74% is amongst the best of the industry. GLDD outperforms 90.91% of its industry peers.
- In the last couple of years the Operating Margin of GLDD has declined.
- GLDD has a Gross Margin of 23.82%. This is in the better half 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
- GLDD has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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
- GLDD has an Altman-Z score of 2.04. This is not the best score and indicates that GLDD is in the grey zone with still only limited risk for bankruptcy at the moment.
- GLDD's Altman-Z score of 2.04 is on the low side compared to the rest of the industry. GLDD is outperformed by 61.82% of its industry peers.
- The Debt to FCF ratio of GLDD is 31.98, which is on the high side as it means it would take GLDD, 31.98 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 31.98, GLDD is in line with its industry, outperforming 47.27% of the companies in the same industry.
- A Debt/Equity ratio of 0.83 indicates that GLDD is somewhat dependend on debt financing.
- GLDD's Debt to Equity ratio of 0.83 is in line compared to the rest of the industry. GLDD outperforms 45.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | 31.98 | ||
| Altman-Z | 2.04 |
ROIC/WACC0.84
WACC10.32%
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.
- GLDD's Current ratio of 1.20 is in line compared to the rest of the industry. GLDD outperforms 45.45% of its industry peers.
- GLDD has a Quick Ratio of 1.06. This is a normal value and indicates that GLDD is financially healthy and should not expect problems in meeting its short term obligations.
- GLDD's Quick ratio of 1.06 is on the low side compared to the rest of the industry. GLDD is outperformed by 65.45% of its industry peers.
| 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.
- Looking at the last year, GLDD shows a quite strong growth in Revenue. The Revenue has grown by 12.53% in the last year.
- 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
- GLDD is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.58% yearly.
- The Revenue is expected to grow by 8.44% on average over the next years. This is quite good.
EPS Next Y35.51%
EPS Next 2Y15.26%
EPS Next 3Y12.58%
EPS Next 5YN/A
Revenue Next Year10.05%
Revenue Next 2Y7.57%
Revenue Next 3Y8.44%
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.
- 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
- Based on the Price/Earnings ratio of 12.95, the valuation of GLDD can be described as correct.
- 92.73% of the companies in the same industry are more expensive than GLDD, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 28.60. GLDD is valued rather cheaply when compared to this.
- With a Price/Forward Earnings ratio of 13.69, GLDD is valued correctly.
- 98.18% of the companies in the same industry are more expensive than GLDD, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 25.83. GLDD is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.95 | ||
| Fwd PE | 13.69 |
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.
- The rest of the industry has a similar Price/Free Cash Flow ratio as GLDD.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 79.65 | ||
| EV/EBITDA | 8.74 |
4.3 Compensation for Growth
- GLDD's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- GLDD has a very decent profitability rating, which 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)0.36
PEG (5Y)3.79
EPS Next 2Y15.26%
EPS Next 3Y12.58%
5. Dividend
5.1 Amount
- No dividends for GLDD!.
| 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%.