PRIMORIS SERVICES CORP (PRIM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PRIM - US74164F1030 - Common Stock
136.99 USD
+4.24 (+3.19%)
136.99 USD
0 (0%)
Overall PRIM gets a fundamental rating of 6 out of 10. We evaluated PRIM against 55 industry peers in the Construction & Engineering industry. PRIM has an average financial health and profitability rating. 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.
Each year in the past 5 years PRIM has been profitable.
Each year in the past 5 years PRIM had a positive operating cash flow.
1.2 Ratios
PRIM's Return On Assets of 5.96% is fine compared to the rest of the industry. PRIM outperforms 65.45% of its industry peers.
With a decent Return On Equity value of 17.03%, PRIM is doing good in the industry, outperforming 67.27% of the companies in the same industry.
The Return On Invested Capital of PRIM (12.01%) is better than 70.91% of its industry peers.
PRIM had an Average Return On Invested Capital over the past 3 years of 7.18%. This is significantly below the industry average of 17.87%.
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
Looking at the Profit Margin, with a value of 3.72%, PRIM is in line with its industry, outperforming 56.36% of the companies in the same 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 (5.69%) which is comparable to the rest of the industry.
PRIM's Operating Margin has improved in the last couple of years.
PRIM has a worse Gross Margin (11.03%) than 72.73% of its industry peers.
In the last couple of years the Gross Margin of PRIM has remained more or less at the same level.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PRIM is creating some value.
PRIM has more shares outstanding than it did 1 year ago.
PRIM has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, PRIM has an improved debt to assets ratio.
2.2 Solvency
PRIM has an Altman-Z score of 3.84. This indicates that PRIM is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of PRIM (3.84) is better than 63.64% 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's Debt to FCF ratio of 0.99 is amongst the best of the industry. PRIM outperforms 81.82% of its industry peers.
PRIM has a Debt/Equity ratio of 0.26. This is a healthy value indicating a solid balance between debt and equity.
PRIM has a Debt to Equity ratio of 0.26. This is in the better half of the industry: PRIM outperforms 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 0.99 | ||
| Altman-Z | 3.84 |
ROIC/WACC1.2
WACC10.04%
2.3 Liquidity
PRIM has a Current 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.
With a Current ratio value of 1.20, PRIM is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
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.
The Quick ratio of PRIM (1.20) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.2 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 65.79% over the past year.
The Earnings Per Share has been growing by 18.96% on average over the past years. This is quite good.
PRIM shows a strong growth in Revenue. In the last year, the Revenue has grown by 21.45%.
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)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 Y46.27%
EPS Next 2Y24.94%
EPS Next 3Y22.2%
EPS Next 5Y13.02%
Revenue Next Year20.63%
Revenue Next 2Y13.65%
Revenue Next 3Y11.82%
Revenue Next 5Y7.99%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
Based on the Price/Earnings ratio of 24.16, the valuation of PRIM can be described as rather expensive.
Based on the Price/Earnings ratio, PRIM is valued a bit cheaper than the industry average as 78.18% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.59, PRIM is valued at the same level.
With a Price/Forward Earnings ratio of 22.73, PRIM is valued on the expensive side.
76.36% of the companies in the same industry are more expensive than PRIM, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of PRIM to the average of the S&P500 Index (23.80), we can say PRIM is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.16 | ||
| Fwd PE | 22.73 |
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.
85.45% of the companies in the same industry are more expensive than PRIM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.12 | ||
| EV/EBITDA | 14.04 |
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 22.20% in the coming years.
PEG (NY)0.52
PEG (5Y)1.27
EPS Next 2Y24.94%
EPS Next 3Y22.2%
5. Dividend
5.1 Amount
PRIM has a yearly dividend return of 0.25%, which is pretty low.
Compared to an average industry Dividend Yield of 1.65, 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 2.31, 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 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
5.83% of the earnings are spent on dividend by PRIM. This is a low number and sustainable payout ratio.
DP5.83%
EPS Next 2Y24.94%
EPS Next 3Y22.2%
136.99
+4.24 (+3.19%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners100.46%
Inst Owner Change-2.23%
Ins Owners0.86%
Ins Owner Change-1.12%
Market Cap7.40B
Revenue(TTM)7.46B
Net Income(TTM)277.14M
Analysts78
Price Target153.55 (12.09%)
Short Float %2.99%
Short Ratio1.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.25% |
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)2.53%
PT rev (3m)22.39%
EPS NQ rev (1m)-0.76%
EPS NQ rev (3m)-2.25%
EPS NY rev (1m)8.4%
EPS NY rev (3m)11.43%
Revenue NQ rev (1m)2.73%
Revenue NQ rev (3m)4.82%
Revenue NY rev (1m)5.76%
Revenue NY rev (3m)6.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.16 | ||
| Fwd PE | 22.73 | ||
| P/S | 0.99 | ||
| P/FCF | 15.12 | ||
| P/OCF | 11.83 | ||
| P/B | 4.55 | ||
| P/tB | 12.84 | ||
| EV/EBITDA | 14.04 |
EPS(TTM)5.67
EY4.14%
EPS(NY)6.03
Fwd EY4.4%
FCF(TTM)9.06
FCFY6.61%
OCF(TTM)11.58
OCFY8.45%
SpS138.05
BVpS30.13
TBVpS10.67
PEG (NY)0.52
PEG (5Y)1.27
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 | 3.84 |
F-Score7
WACC10.04%
ROIC/WACC1.2
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 Y46.27%
EPS Next 2Y24.94%
EPS Next 3Y22.2%
EPS Next 5Y13.02%
Revenue 1Y (TTM)21.45%
Revenue growth 3Y22.1%
Revenue growth 5Y15.43%
Sales Q2Q%32.1%
Revenue Next Year20.63%
Revenue Next 2Y13.65%
Revenue Next 3Y11.82%
Revenue Next 5Y7.99%
EBIT growth 1Y37.94%
EBIT growth 3Y19.69%
EBIT growth 5Y17.82%
EBIT Next Year73.41%
EBIT Next 3Y29.12%
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 24.16 and the Price/Book (PB) ratio is 4.55.
Can you provide the financial health for PRIM stock?
The financial health rating of PRIMORIS SERVICES CORP (PRIM) is 6 / 10.