PRIMORIS SERVICES CORP (PRIM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PRIM - US74164F1030 - Common Stock
125.66 USD
-0.2 (-0.16%)
127.54 USD
+1.88 (+1.5%)
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
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.
In the past 5 years PRIM always reported a positive cash flow from operatings.
1.2 Ratios
PRIM has a better Return On Assets (5.96%) than 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.
PRIM has a better Return On Invested Capital (12.01%) than 72.73% 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 17.30%.
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
The Profit Margin of PRIM (3.72%) 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 (5.69%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of PRIM has grown nicely.
With a Gross Margin value of 11.03%, PRIM is not doing good in the industry: 70.91% of the companies in the same industry are doing better.
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.
The number of shares outstanding for PRIM has been increased compared to 5 years ago.
Compared to 1 year ago, PRIM has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.77 indicates that PRIM is not in any danger for bankruptcy at the moment.
PRIM has a better Altman-Z score (3.77) than 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'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.
The Debt to Equity ratio of PRIM (0.26) is better than 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 0.99 | ||
| Altman-Z | 3.77 |
ROIC/WACC1.23
WACC9.73%
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.
PRIM's Current ratio of 1.20 is in line compared to the rest of the industry. PRIM outperforms 43.64% of its industry peers.
A Quick Ratio of 1.20 indicates that PRIM should not have too much problems paying its short term obligations.
PRIM's Quick ratio of 1.20 is in line compared 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
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.
The Revenue has grown by 21.45% in the past year. This is a very strong growth!
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
PRIM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.02% yearly.
The Revenue is expected to grow by 7.99% on average over the next years.
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
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
With a Price/Earnings ratio of 22.16, PRIM is valued on the expensive side.
Based on the Price/Earnings ratio, PRIM is valued cheaper than 81.82% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.46, PRIM is valued at the same level.
A Price/Forward Earnings ratio of 21.30 indicates a rather expensive valuation of PRIM.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PRIM indicates a somewhat cheap valuation: PRIM is cheaper than 74.55% of the companies listed in the same industry.
PRIM's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 36.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.16 | ||
| Fwd PE | 21.3 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PRIM is valued a bit cheaper than the industry average as 78.18% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, PRIM is valued cheaper than 85.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.87 | ||
| EV/EBITDA | 13.32 |
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.
PRIM's earnings are expected to grow with 21.88% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.63
PEG (5Y)1.17
EPS Next 2Y23.64%
EPS Next 3Y21.88%
5. Dividend
5.1 Amount
With a yearly dividend of 0.25%, PRIM is not a good candidate for dividend investing.
PRIM's Dividend Yield is rather good when compared to the industry average which is at 1.67. PRIM pays more dividend than 83.64% of the companies in the same industry.
With a Dividend Yield of 0.25, PRIM pays less dividend than the S&P500 average, which is at 2.32.
| 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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
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%
125.66
-0.2 (-0.16%)
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 Cap6.79B
Revenue(TTM)7.46B
Net Income(TTM)277.14M
Analysts81.11
Price Target157.68 (25.48%)
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)23.08%
PT rev (3m)26.97%
EPS NQ rev (1m)-6.24%
EPS NQ rev (3m)-2.21%
EPS NY rev (1m)1.55%
EPS NY rev (3m)2.79%
Revenue NQ rev (1m)4.13%
Revenue NQ rev (3m)5.8%
Revenue NY rev (1m)0.43%
Revenue NY rev (3m)0.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.16 | ||
| Fwd PE | 21.3 | ||
| P/S | 0.91 | ||
| P/FCF | 13.87 | ||
| P/OCF | 10.85 | ||
| P/B | 4.17 | ||
| P/tB | 11.78 | ||
| EV/EBITDA | 13.32 |
EPS(TTM)5.67
EY4.51%
EPS(NY)5.9
Fwd EY4.7%
FCF(TTM)9.06
FCFY7.21%
OCF(TTM)11.58
OCFY9.22%
SpS138.05
BVpS30.13
TBVpS10.67
PEG (NY)0.63
PEG (5Y)1.17
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
WACC9.73%
ROIC/WACC1.23
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 22.16 and the Price/Book (PB) ratio is 4.17.
Can you provide the financial health for PRIM stock?
The financial health rating of PRIMORIS SERVICES CORP (PRIM) is 6 / 10.