PRIMORIS SERVICES CORP (PRIM) Stock Fundamental Analysis
USA - NYSE:PRIM - US74164F1030 - Common Stock
126.58 USD
-3.79 (-2.91%)
126.58 USD
0 (0%)
PRIM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 55 industry peers in the Construction & Engineering industry. Both the profitability and the financial health of PRIM get a neutral evaluation. Nothing too spectacular is happening here. PRIM has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year PRIM was profitable.
PRIM had a positive operating cash flow in the past year.
In the past 5 years PRIM has always been profitable.
Each year in the past 5 years PRIM had a positive operating cash flow.
1.2 Ratios
The Return On Assets of PRIM (5.31%) is better than 63.64% of its industry peers.
PRIM's Return On Equity of 15.70% is fine compared to the rest of the industry. PRIM outperforms 69.09% of its industry peers.
PRIM's Return On Invested Capital of 10.91% is fine compared to the rest of the industry. PRIM outperforms 72.73% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PRIM is significantly below the industry average of 17.19%.
The 3 year average ROIC (7.18%) for PRIM is below the current ROIC(10.91%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.31% | ||
| ROE | 15.7% | ||
| ROIC | 10.91% |
ROA(3y)3.79%
ROA(5y)4.25%
ROE(3y)11.68%
ROE(5y)12.28%
ROIC(3y)7.18%
ROIC(5y)7.76%
1.3 Margins
PRIM has a Profit Margin (3.48%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of PRIM has remained more or less at the same level.
PRIM has a Operating Margin (5.58%) which is in line with its industry peers.
PRIM's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 11.34%, PRIM is doing worse than 67.27% of the companies in the same industry.
PRIM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.58% | ||
| PM (TTM) | 3.48% | ||
| GM | 11.34% |
OM growth 3Y-1.97%
OM growth 5Y2.07%
PM growth 3Y-4.92%
PM growth 5Y1.41%
GM growth 3Y-2.49%
GM growth 5Y0.73%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PRIM is creating some value.
The number of shares outstanding for PRIM has been increased compared to 1 year ago.
Compared to 5 years ago, PRIM has more shares outstanding
PRIM has a better debt/assets ratio than last year.
2.2 Solvency
PRIM has an Altman-Z score of 3.72. This indicates that PRIM is financially healthy and has little risk of bankruptcy at the moment.
PRIM has a better Altman-Z score (3.72) than 61.82% of its industry peers.
PRIM has a debt to FCF ratio of 1.21. This is a very positive value and a sign of high solvency as it would only need 1.21 years to pay back of all of its debts.
PRIM has a better Debt to FCF ratio (1.21) than 81.82% of its industry peers.
A Debt/Equity ratio of 0.34 indicates that PRIM is not too dependend on debt financing.
PRIM has a better Debt to Equity ratio (0.34) than 67.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 1.21 | ||
| Altman-Z | 3.72 |
ROIC/WACC1.05
WACC10.37%
2.3 Liquidity
PRIM has a Current Ratio of 1.22. This is a normal value and indicates that PRIM is financially healthy and should not expect problems in meeting its short term obligations.
PRIM has a Current ratio (1.22) which is in line with its industry peers.
PRIM has a Quick Ratio of 1.22. This is a normal value and indicates that PRIM is financially healthy and should not expect problems in meeting its short term obligations.
PRIM has a Quick ratio (1.22) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.22 |
3. Growth
3.1 Past
PRIM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 65.79%, which is quite impressive.
The Earnings Per Share has been growing by 18.96% on average over the past years. This is quite good.
Looking at the last year, PRIM shows a quite strong growth in Revenue. The Revenue has grown by 11.40% in the last year.
Measured over the past years, PRIM shows a quite strong growth in Revenue. The Revenue has been growing by 15.43% on average per year.
EPS 1Y (TTM)65.79%
EPS 3Y21.73%
EPS 5Y18.96%
EPS Q2Q%54.1%
Revenue 1Y (TTM)11.4%
Revenue growth 3Y22.1%
Revenue growth 5Y15.43%
Sales Q2Q%32.1%
3.2 Future
The Earnings Per Share is expected to grow by 12.67% on average over the next years. This is quite good.
Based on estimates for the next years, PRIM will show a quite strong growth in Revenue. The Revenue will grow by 9.21% on average per year.
EPS Next Y34.94%
EPS Next 2Y23.64%
EPS Next 3Y21.88%
EPS Next 5Y12.67%
Revenue Next Year14.07%
Revenue Next 2Y11.3%
Revenue Next 3Y11.09%
Revenue Next 5Y9.21%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 22.32 indicates a rather expensive valuation of PRIM.
Compared to the rest of the industry, the Price/Earnings ratio of PRIM indicates a somewhat cheap valuation: PRIM is cheaper than 80.00% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 25.67. PRIM is around the same levels.
With a Price/Forward Earnings ratio of 21.45, PRIM is valued on the expensive side.
Based on the Price/Forward Earnings ratio, PRIM is valued a bit cheaper than the industry average as 74.55% of the companies are valued more expensively.
PRIM's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 31.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.32 | ||
| Fwd PE | 21.45 |
4.2 Price Multiples
PRIM's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. PRIM is cheaper than 76.36% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, PRIM is valued cheaply inside the industry as 85.45% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.68 | ||
| EV/EBITDA | 15.24 |
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 PRIM may justify a higher PE ratio.
A more expensive valuation may be justified as PRIM's earnings are expected to grow with 21.88% in the coming years.
PEG (NY)0.64
PEG (5Y)1.18
EPS Next 2Y23.64%
EPS Next 3Y21.88%
5. Dividend
5.1 Amount
PRIM has a yearly dividend return of 0.25%, which is pretty low.
PRIM's Dividend Yield is rather good when compared to the industry average which is at 1.73. PRIM pays more dividend than 83.64% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, PRIM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.25% |
5.2 History
The dividend of PRIM decreases each year by -0.43%.
PRIM has been paying a dividend for at least 10 years, so it has a reliable track record.
PRIM has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-0.43%
Div Incr Years1
Div Non Decr Years16
5.3 Sustainability
6.25% of the earnings are spent on dividend by PRIM. This is a low number and sustainable payout ratio.
DP6.25%
EPS Next 2Y23.64%
EPS Next 3Y21.88%
126.58
-3.79 (-2.91%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners100.46%
Inst Owner Change0.24%
Ins Owners0.86%
Ins Owner Change-1.01%
Market Cap6.84B
Revenue(TTM)6.37B
Net Income(TTM)240.96M
Analysts81.11
Price Target149.76 (18.31%)
Short Float %3.1%
Short Ratio2.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.25% |
Yearly Dividend0.24
Dividend Growth(5Y)-0.43%
DP6.25%
Div Incr Years1
Div Non Decr Years16
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)49.47%
Min EPS beat(2)46.53%
Max EPS beat(2)52.4%
EPS beat(4)4
Avg EPS beat(4)41.07%
Min EPS beat(4)17.07%
Max EPS beat(4)52.4%
EPS beat(8)8
Avg EPS beat(8)55.93%
EPS beat(12)11
Avg EPS beat(12)49.9%
EPS beat(16)12
Avg EPS beat(16)24.65%
Revenue beat(2)2
Avg Revenue beat(2)9.08%
Min Revenue beat(2)8.43%
Max Revenue beat(2)9.74%
Revenue beat(4)4
Avg Revenue beat(4)6.86%
Min Revenue beat(4)2.17%
Max Revenue beat(4)9.74%
Revenue beat(8)6
Avg Revenue beat(8)3.53%
Revenue beat(12)9
Avg Revenue beat(12)4.31%
Revenue beat(16)10
Avg Revenue beat(16)2.69%
PT rev (1m)20.56%
PT rev (3m)57.7%
EPS NQ rev (1m)1.09%
EPS NQ rev (3m)5.5%
EPS NY rev (1m)1.22%
EPS NY rev (3m)12.11%
Revenue NQ rev (1m)0.64%
Revenue NQ rev (3m)4.56%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)4.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.32 | ||
| Fwd PE | 21.45 | ||
| P/S | 0.99 | ||
| P/FCF | 13.68 | ||
| P/OCF | 10.28 | ||
| P/B | 4.46 | ||
| P/tB | 14.27 | ||
| EV/EBITDA | 15.24 |
EPS(TTM)5.67
EY4.48%
EPS(NY)5.9
Fwd EY4.66%
FCF(TTM)9.25
FCFY7.31%
OCF(TTM)12.32
OCFY9.73%
SpS128.3
BVpS28.41
TBVpS8.87
PEG (NY)0.64
PEG (5Y)1.18
Graham Number60.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.31% | ||
| ROE | 15.7% | ||
| ROCE | 15.37% | ||
| ROIC | 10.91% | ||
| ROICexc | 12.92% | ||
| ROICexgc | 25.65% | ||
| OM | 5.58% | ||
| PM (TTM) | 3.48% | ||
| GM | 11.34% | ||
| FCFM | 7.21% |
ROA(3y)3.79%
ROA(5y)4.25%
ROE(3y)11.68%
ROE(5y)12.28%
ROIC(3y)7.18%
ROIC(5y)7.76%
ROICexc(3y)8.27%
ROICexc(5y)9.34%
ROICexgc(3y)16.68%
ROICexgc(5y)17.14%
ROCE(3y)10.11%
ROCE(5y)10.93%
ROICexgc growth 3Y12.35%
ROICexgc growth 5Y11.28%
ROICexc growth 3Y9.48%
ROICexc growth 5Y2.67%
OM growth 3Y-1.97%
OM growth 5Y2.07%
PM growth 3Y-4.92%
PM growth 5Y1.41%
GM growth 3Y-2.49%
GM growth 5Y0.73%
F-Score7
Asset Turnover1.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 1.21 | ||
| Debt/EBITDA | 1.1 | ||
| Cap/Depr | 185.78% | ||
| Cap/Sales | 2.39% | ||
| Interest Coverage | 11.21 | ||
| Cash Conversion | 139.78% | ||
| Profit Quality | 207.38% | ||
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.22 | ||
| Altman-Z | 3.72 |
F-Score7
WACC10.37%
ROIC/WACC1.05
Cap/Depr(3y)108.07%
Cap/Depr(5y)105.81%
Cap/Sales(3y)1.98%
Cap/Sales(5y)2.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)65.79%
EPS 3Y21.73%
EPS 5Y18.96%
EPS Q2Q%54.1%
EPS Next Y34.94%
EPS Next 2Y23.64%
EPS Next 3Y21.88%
EPS Next 5Y12.67%
Revenue 1Y (TTM)11.4%
Revenue growth 3Y22.1%
Revenue growth 5Y15.43%
Sales Q2Q%32.1%
Revenue Next Year14.07%
Revenue Next 2Y11.3%
Revenue Next 3Y11.09%
Revenue Next 5Y9.21%
EBIT growth 1Y30.38%
EBIT growth 3Y19.69%
EBIT growth 5Y17.82%
EBIT Next Year62.14%
EBIT Next 3Y25.55%
EBIT Next 5Y15.9%
FCF growth 1Y2134.86%
FCF growth 3YN/A
FCF growth 5Y74.64%
OCF growth 1Y610.62%
OCF growth 3Y85.41%
OCF growth 5Y33.92%
PRIMORIS SERVICES CORP / PRIM FAQ
Can you provide the ChartMill fundamental rating for PRIMORIS SERVICES CORP?
ChartMill assigns a fundamental rating of 6 / 10 to PRIM.
What is the valuation status of PRIMORIS SERVICES CORP (PRIM) stock?
ChartMill assigns a valuation rating of 6 / 10 to PRIMORIS SERVICES CORP (PRIM). This can be considered as Fairly Valued.
What is the profitability of PRIM stock?
PRIMORIS SERVICES CORP (PRIM) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for PRIM stock?
The Price/Earnings (PE) ratio for PRIMORIS SERVICES CORP (PRIM) is 22.32 and the Price/Book (PB) ratio is 4.46.
Can you provide the financial health for PRIM stock?
The financial health rating of PRIMORIS SERVICES CORP (PRIM) is 6 / 10.