PRIMORIS SERVICES CORP (PRIM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PRIM - US74164F1030 - Common Stock
126.56 USD
+0.43 (+0.34%)
126.54 USD
-0.02 (-0.02%)
We assign a fundamental rating of 6 out of 10 to PRIM. PRIM was compared to 55 industry peers in the Construction & Engineering industry. PRIM has only an average score on both its financial health and profitability. PRIM has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
PRIM had positive earnings in the past year.
In the past year PRIM had a positive cash flow from operations.
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
PRIM has a Return On Assets of 5.96%. This is in the better half of the industry: PRIM outperforms 67.27% of its industry peers.
With a decent Return On Equity value of 17.03%, PRIM is doing good in the industry, outperforming 69.09% of the companies in the same industry.
With a decent Return On Invested Capital value of 12.01%, PRIM is doing good in the industry, outperforming 72.73% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for PRIM is significantly below the industry average of 17.30%.
The 3 year average ROIC (7.18%) for PRIM is below the current ROIC(12.01%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.96% | ||
| ROE | 17.03% | ||
| ROIC | 12.01% |
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's Profit Margin of 3.72% is in line compared to the rest of the industry. PRIM outperforms 58.18% of its industry peers.
PRIM's Profit Margin has been stable in the last couple of years.
PRIM has a Operating Margin (5.69%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of PRIM has grown nicely.
PRIM has a worse Gross Margin (11.03%) than 70.91% of its industry peers.
PRIM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.69% | ||
| PM (TTM) | 3.72% | ||
| GM | 11.03% |
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
PRIM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
PRIM has more shares outstanding than it did 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 3.77. This indicates that PRIM is financially healthy and has little risk of bankruptcy at the moment.
PRIM's Altman-Z score of 3.77 is fine compared to the rest of the industry. PRIM outperforms 65.45% of its industry peers.
The Debt to FCF ratio of PRIM is 0.99, which is an excellent value as it means it would take PRIM, only 0.99 years of fcf income to pay off all of its debts.
PRIM has a Debt to FCF ratio of 0.99. This is amongst the best in the industry. PRIM outperforms 81.82% of its industry peers.
A Debt/Equity ratio of 0.26 indicates that PRIM is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.26, PRIM is doing good in the industry, outperforming 72.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 0.99 | ||
| Altman-Z | 3.77 |
ROIC/WACC1.15
WACC10.41%
2.3 Liquidity
A Current Ratio of 1.20 indicates that PRIM should not have too much problems paying its short term obligations.
With a Current ratio value of 1.20, PRIM perfoms like the industry average, outperforming 43.64% of the companies in the same industry.
PRIM has a Quick Ratio of 1.20. 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 of 1.20. This is comparable to the rest of the industry: PRIM outperforms 50.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.2 | ||
| Quick Ratio | 1.2 |
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.
PRIM shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.96% yearly.
Looking at the last year, PRIM shows a very strong growth in Revenue. The Revenue has grown by 21.45%.
PRIM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.43% yearly.
EPS 1Y (TTM)65.79%
EPS 3Y21.73%
EPS 5Y18.96%
EPS Q2Q%54.1%
Revenue 1Y (TTM)21.45%
Revenue growth 3Y22.1%
Revenue growth 5Y15.43%
Sales Q2Q%32.1%
3.2 Future
Based on estimates for the next years, PRIM will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.02% on average per year.
Based on estimates for the next years, PRIM will show a small growth in Revenue. The Revenue will grow by 7.99% on average per year.
EPS Next Y34.94%
EPS Next 2Y23.64%
EPS Next 3Y21.88%
EPS Next 5Y13.02%
Revenue Next Year14.07%
Revenue Next 2Y11.3%
Revenue Next 3Y11.09%
Revenue Next 5Y7.99%
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
PRIM is valuated rather expensively with a Price/Earnings ratio of 22.32.
Based on the Price/Earnings ratio, PRIM is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.31. PRIM is around the same levels.
The Price/Forward Earnings ratio is 21.45, which indicates a rather expensive current valuation of PRIM.
Based on the Price/Forward Earnings ratio, PRIM is valued a bit cheaper than 74.55% of the companies in the same industry.
PRIM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 36.59, which is the current average of the S&P500 Index.
| 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 | 13.97 | ||
| EV/EBITDA | 13.35 |
4.3 Compensation for Growth
PRIM'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 PRIM may justify a higher PE ratio.
PRIM's earnings are expected to grow with 21.88% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.64
PEG (5Y)1.18
EPS Next 2Y23.64%
EPS Next 3Y21.88%
5. Dividend
5.1 Amount
With a yearly dividend of 0.27%, PRIM is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.73, PRIM pays a better dividend. On top of this PRIM pays more dividend than 83.64% of the companies listed 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 | 0.27% |
5.2 History
The dividend of PRIM decreases each year by -0.43%.
PRIM has paid a dividend for at least 10 years, which is 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
PRIM pays out 5.83% of its income as dividend. This is a sustainable payout ratio.
DP5.83%
EPS Next 2Y23.64%
EPS Next 3Y21.88%
126.56
+0.43 (+0.34%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners100.46%
Inst Owner Change-2.24%
Ins Owners0.86%
Ins Owner Change-1.12%
Market Cap6.84B
Revenue(TTM)7.46B
Net Income(TTM)277.14M
Analysts81.11
Price Target157.68 (24.59%)
Short Float %3.07%
Short Ratio1.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.27% |
Yearly Dividend0.24
Dividend Growth(5Y)-0.43%
DP5.83%
Div Incr Years1
Div Non Decr Years16
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)42.95%
Min EPS beat(2)33.49%
Max EPS beat(2)52.4%
EPS beat(4)4
Avg EPS beat(4)45.18%
Min EPS beat(4)33.49%
Max EPS beat(4)52.4%
EPS beat(8)8
Avg EPS beat(8)58.61%
EPS beat(12)12
Avg EPS beat(12)52.75%
EPS beat(16)12
Avg EPS beat(16)26.6%
Revenue beat(2)2
Avg Revenue beat(2)12.84%
Min Revenue beat(2)9.74%
Max Revenue beat(2)15.94%
Revenue beat(4)4
Avg Revenue beat(4)10.3%
Min Revenue beat(4)7.09%
Max Revenue beat(4)15.94%
Revenue beat(8)6
Avg Revenue beat(8)4.95%
Revenue beat(12)9
Avg Revenue beat(12)5.14%
Revenue beat(16)11
Avg Revenue beat(16)4.29%
PT rev (1m)23.08%
PT rev (3m)60.81%
EPS NQ rev (1m)-7.27%
EPS NQ rev (3m)-3.4%
EPS NY rev (1m)1.55%
EPS NY rev (3m)13.85%
Revenue NQ rev (1m)4.36%
Revenue NQ rev (3m)5.8%
Revenue NY rev (1m)0.43%
Revenue NY rev (3m)4.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.32 | ||
| Fwd PE | 21.45 | ||
| P/S | 0.92 | ||
| P/FCF | 13.97 | ||
| P/OCF | 10.93 | ||
| P/B | 4.2 | ||
| P/tB | 11.86 | ||
| EV/EBITDA | 13.35 |
EPS(TTM)5.67
EY4.48%
EPS(NY)5.9
Fwd EY4.66%
FCF(TTM)9.06
FCFY7.16%
OCF(TTM)11.58
OCFY9.15%
SpS138.05
BVpS30.13
TBVpS10.67
PEG (NY)0.64
PEG (5Y)1.18
Graham Number62
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.96% | ||
| ROE | 17.03% | ||
| ROCE | 16.91% | ||
| ROIC | 12.01% | ||
| ROICexc | 14.5% | ||
| ROICexgc | 29.34% | ||
| OM | 5.69% | ||
| PM (TTM) | 3.72% | ||
| GM | 11.03% | ||
| FCFM | 6.56% |
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 Turnover1.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 0.99 | ||
| Debt/EBITDA | 0.82 | ||
| Cap/Depr | 151.04% | ||
| Cap/Sales | 1.83% | ||
| Interest Coverage | 13.36 | ||
| Cash Conversion | 121.58% | ||
| Profit Quality | 176.59% | ||
| Current Ratio | 1.2 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 3.77 |
F-Score7
WACC10.41%
ROIC/WACC1.15
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 5Y13.02%
Revenue 1Y (TTM)21.45%
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 5Y7.99%
EBIT growth 1Y37.94%
EBIT growth 3Y19.69%
EBIT growth 5Y17.82%
EBIT Next Year62.14%
EBIT Next 3Y25.55%
EBIT Next 5Y15.9%
FCF growth 1Y537.74%
FCF growth 3YN/A
FCF growth 5Y74.64%
OCF growth 1Y251.1%
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 4.2.
Can you provide the financial health for PRIM stock?
The financial health rating of PRIMORIS SERVICES CORP (PRIM) is 6 / 10.