Logo image of LMB

LIMBACH HOLDINGS INC (LMB) Stock Fundamental Analysis

USA - Nasdaq - NASDAQ:LMB - US53263P1057 - Common Stock

80.86 USD
+2.31 (+2.94%)
Last: 1/12/2026, 10:16:13 AM
Fundamental Rating

6

Taking everything into account, LMB scores 6 out of 10 in our fundamental rating. LMB was compared to 54 industry peers in the Construction & Engineering industry. While LMB belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. LMB has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

LMB had positive earnings in the past year.
In the past year LMB had a positive cash flow from operations.
Each year in the past 5 years LMB has been profitable.
Of the past 5 years LMB 4 years had a positive operating cash flow.
LMB Yearly Net Income VS EBIT VS OCF VS FCFLMB Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M

1.2 Ratios

LMB has a better Return On Assets (8.95%) than 72.22% of its industry peers.
With a decent Return On Equity value of 20.16%, LMB is doing good in the industry, outperforming 70.37% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 13.16%, LMB is in the better half of the industry, outperforming 75.93% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for LMB is below the industry average of 15.99%.
The 3 year average ROIC (11.70%) for LMB is below the current ROIC(13.16%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 8.95%
ROE 20.16%
ROIC 13.16%
ROA(3y)5.96%
ROA(5y)4.52%
ROE(3y)14.8%
ROE(5y)12.57%
ROIC(3y)11.7%
ROIC(5y)10.88%
LMB Yearly ROA, ROE, ROICLMB Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10 15 20

1.3 Margins

LMB's Profit Margin of 6.06% is fine compared to the rest of the industry. LMB outperforms 68.52% of its industry peers.
In the last couple of years the Profit Margin of LMB has grown nicely.
The Operating Margin of LMB (7.44%) is comparable to the rest of the industry.
LMB's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 27.30%, LMB is doing good in the industry, outperforming 77.78% of the companies in the same industry.
In the last couple of years the Gross Margin of LMB has grown nicely.
Industry RankSector Rank
OM 7.44%
PM (TTM) 6.06%
GM 27.3%
OM growth 3Y37.65%
OM growth 5Y38.44%
PM growth 3Y63.32%
PM growth 5YN/A
GM growth 3Y16.66%
GM growth 5Y16.44%
LMB Yearly Profit, Operating, Gross MarginsLMB Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15 20 25

6

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so LMB is still creating some value.
LMB has more shares outstanding than it did 1 year ago.
LMB has more shares outstanding than it did 5 years ago.
LMB has a worse debt/assets ratio than last year.
LMB Yearly Shares OutstandingLMB Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M 10M
LMB Yearly Total Debt VS Total AssetsLMB Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

2.2 Solvency

LMB has an Altman-Z score of 4.74. This indicates that LMB is financially healthy and has little risk of bankruptcy at the moment.
LMB's Altman-Z score of 4.74 is fine compared to the rest of the industry. LMB outperforms 74.07% of its industry peers.
LMB has a debt to FCF ratio of 1.92. This is a very positive value and a sign of high solvency as it would only need 1.92 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 1.92, LMB is doing good in the industry, outperforming 77.78% of the companies in the same industry.
A Debt/Equity ratio of 0.31 indicates that LMB is not too dependend on debt financing.
LMB has a better Debt to Equity ratio (0.31) than 68.52% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.31
Debt/FCF 1.92
Altman-Z 4.74
ROIC/WACC1.28
WACC10.24%
LMB Yearly LT Debt VS Equity VS FCFLMB Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M

2.3 Liquidity

A Current Ratio of 1.43 indicates that LMB should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.43, LMB is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
LMB has a Quick Ratio of 1.43. This is a normal value and indicates that LMB is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of LMB (1.43) is better than 72.22% of its industry peers.
Industry RankSector Rank
Current Ratio 1.43
Quick Ratio 1.43
LMB Yearly Current Assets VS Current LiabilitesLMB Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

6

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 38.18% over the past year.
LMB shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 45.92% yearly.
The Revenue has grown by 16.56% in the past year. This is quite good.
Measured over the past years, LMB shows a decrease in Revenue. The Revenue has been decreasing by -1.28% on average per year.
EPS 1Y (TTM)38.18%
EPS 3Y55.97%
EPS 5Y45.92%
EPS Q2Q%17.74%
Revenue 1Y (TTM)16.56%
Revenue growth 3Y1.89%
Revenue growth 5Y-1.28%
Sales Q2Q%37.83%

3.2 Future

LMB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.12% yearly.
Based on estimates for the next years, LMB will show a quite strong growth in Revenue. The Revenue will grow by 13.81% on average per year.
EPS Next Y26.71%
EPS Next 2Y19.15%
EPS Next 3Y18.12%
EPS Next 5YN/A
Revenue Next Year25.35%
Revenue Next 2Y19.27%
Revenue Next 3Y13.81%
Revenue Next 5YN/A

3.3 Evolution

Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
LMB Yearly Revenue VS EstimatesLMB Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M
LMB Yearly EPS VS EstimatesLMB Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 1 2 3 4

5

4. Valuation

4.1 Price/Earnings Ratio

LMB is valuated quite expensively with a Price/Earnings ratio of 26.60.
LMB's Price/Earnings ratio is a bit cheaper when compared to the industry. LMB is cheaper than 72.22% of the companies in the same industry.
LMB's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.19.
The Price/Forward Earnings ratio is 22.08, which indicates a rather expensive current valuation of LMB.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LMB indicates a somewhat cheap valuation: LMB is cheaper than 79.63% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.92, LMB is valued at the same level.
Industry RankSector Rank
PE 26.6
Fwd PE 22.08
LMB Price Earnings VS Forward Price EarningsLMB Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, LMB is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
66.67% of the companies in the same industry are more expensive than LMB, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 29.42
EV/EBITDA 15.67
LMB Per share dataLMB EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40 50

4.3 Compensation for Growth

LMB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of LMB may justify a higher PE ratio.
LMB's earnings are expected to grow with 18.12% in the coming years. This may justify a more expensive valuation.
PEG (NY)1
PEG (5Y)0.58
EPS Next 2Y19.15%
EPS Next 3Y18.12%

0

5. Dividend

5.1 Amount

No dividends for LMB!.
Industry RankSector Rank
Dividend Yield 0%

LIMBACH HOLDINGS INC

NASDAQ:LMB (1/12/2026, 10:16:13 AM)

80.86

+2.31 (+2.94%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)11-04 2025-11-04/amc
Earnings (Next)03-09 2026-03-09/amc
Inst Owners88.13%
Inst Owner Change-0.02%
Ins Owners4.4%
Ins Owner Change0.26%
Market Cap940.40M
Revenue(TTM)603.58M
Net Income(TTM)36.61M
Analysts82.5
Price Target126.74 (56.74%)
Short Float %10.8%
Short Ratio6.89
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
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)-6.79%
Min EPS beat(2)-14.97%
Max EPS beat(2)1.39%
EPS beat(4)3
Avg EPS beat(4)48.49%
Min EPS beat(4)-14.97%
Max EPS beat(4)206.03%
EPS beat(8)7
Avg EPS beat(8)42.36%
EPS beat(12)11
Avg EPS beat(12)88.03%
EPS beat(16)14
Avg EPS beat(16)79.61%
Revenue beat(2)0
Avg Revenue beat(2)-1.64%
Min Revenue beat(2)-2.34%
Max Revenue beat(2)-0.93%
Revenue beat(4)1
Avg Revenue beat(4)0.2%
Min Revenue beat(4)-4.79%
Max Revenue beat(4)8.86%
Revenue beat(8)3
Avg Revenue beat(8)0.93%
Revenue beat(12)6
Avg Revenue beat(12)0.61%
Revenue beat(16)6
Avg Revenue beat(16)-0.57%
PT rev (1m)-1.58%
PT rev (3m)-9.47%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.55%
EPS NY rev (1m)0%
EPS NY rev (3m)-5.64%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.07%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.45%
Valuation
Industry RankSector Rank
PE 26.6
Fwd PE 22.08
P/S 1.56
P/FCF 29.42
P/OCF 25.51
P/B 5.18
P/tB 15.59
EV/EBITDA 15.67
EPS(TTM)3.04
EY3.76%
EPS(NY)3.66
Fwd EY4.53%
FCF(TTM)2.75
FCFY3.4%
OCF(TTM)3.17
OCFY3.92%
SpS51.9
BVpS15.61
TBVpS5.19
PEG (NY)1
PEG (5Y)0.58
Graham Number32.68
Profitability
Industry RankSector Rank
ROA 8.95%
ROE 20.16%
ROCE 17.42%
ROIC 13.16%
ROICexc 13.68%
ROICexgc 26.76%
OM 7.44%
PM (TTM) 6.06%
GM 27.3%
FCFM 5.3%
ROA(3y)5.96%
ROA(5y)4.52%
ROE(3y)14.8%
ROE(5y)12.57%
ROIC(3y)11.7%
ROIC(5y)10.88%
ROICexc(3y)16.68%
ROICexc(5y)15.45%
ROICexgc(3y)28.73%
ROICexgc(5y)24.46%
ROCE(3y)15.48%
ROCE(5y)14.4%
ROICexgc growth 3Y47.36%
ROICexgc growth 5Y35.34%
ROICexc growth 3Y29.63%
ROICexc growth 5Y24.1%
OM growth 3Y37.65%
OM growth 5Y38.44%
PM growth 3Y63.32%
PM growth 5YN/A
GM growth 3Y16.66%
GM growth 5Y16.44%
F-Score5
Asset Turnover1.48
Health
Industry RankSector Rank
Debt/Equity 0.31
Debt/FCF 1.92
Debt/EBITDA 0.91
Cap/Depr 29.33%
Cap/Sales 0.81%
Interest Coverage 15.97
Cash Conversion 59.84%
Profit Quality 87.33%
Current Ratio 1.43
Quick Ratio 1.43
Altman-Z 4.74
F-Score5
WACC10.24%
ROIC/WACC1.28
Cap/Depr(3y)34.3%
Cap/Depr(5y)28.03%
Cap/Sales(3y)0.7%
Cap/Sales(5y)0.5%
Profit Quality(3y)288.62%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)38.18%
EPS 3Y55.97%
EPS 5Y45.92%
EPS Q2Q%17.74%
EPS Next Y26.71%
EPS Next 2Y19.15%
EPS Next 3Y18.12%
EPS Next 5YN/A
Revenue 1Y (TTM)16.56%
Revenue growth 3Y1.89%
Revenue growth 5Y-1.28%
Sales Q2Q%37.83%
Revenue Next Year25.35%
Revenue Next 2Y19.27%
Revenue Next 3Y13.81%
Revenue Next 5YN/A
EBIT growth 1Y36.67%
EBIT growth 3Y40.25%
EBIT growth 5Y36.67%
EBIT Next Year107.14%
EBIT Next 3Y37.4%
EBIT Next 5YN/A
FCF growth 1Y-40.66%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-34%
OCF growth 3YN/A
OCF growth 5YN/A

LIMBACH HOLDINGS INC / LMB FAQ

Can you provide the ChartMill fundamental rating for LIMBACH HOLDINGS INC?

ChartMill assigns a fundamental rating of 6 / 10 to LMB.


What is the valuation status for LMB stock?

ChartMill assigns a valuation rating of 5 / 10 to LIMBACH HOLDINGS INC (LMB). This can be considered as Fairly Valued.


What is the profitability of LMB stock?

LIMBACH HOLDINGS INC (LMB) has a profitability rating of 7 / 10.


What are the PE and PB ratios of LIMBACH HOLDINGS INC (LMB) stock?

The Price/Earnings (PE) ratio for LIMBACH HOLDINGS INC (LMB) is 26.6 and the Price/Book (PB) ratio is 5.18.


Can you provide the dividend sustainability for LMB stock?

The dividend rating of LIMBACH HOLDINGS INC (LMB) is 0 / 10 and the dividend payout ratio is 0%.