PRIMORIS SERVICES CORP (PRIM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PRIM - US74164F1030 - Common Stock
132.75 USD
+0.79 (+0.6%)
132.75 USD
0 (0%)
Taking everything into account, PRIM scores 6 out of 10 in our fundamental rating. 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.
In the past year PRIM had a positive cash flow from operations.
PRIM had positive earnings in each of the past 5 years.
Each year in the past 5 years PRIM had a positive operating cash flow.
1.2 Ratios
The Return On Assets of PRIM (5.96%) is better than 65.45% of its industry peers.
PRIM has a Return On Equity of 17.03%. This is in the better half of the industry: PRIM outperforms 67.27% of its industry peers.
PRIM has a better Return On Invested Capital (12.01%) than 70.91% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PRIM is significantly below the industry average of 17.87%.
The last Return On Invested Capital (12.01%) for PRIM is above the 3 year average (7.18%), which is a sign of increasing profitability.
| 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 56.36% of its industry peers.
In the last couple of years the Profit Margin of PRIM has remained more or less at the same level.
PRIM's Operating Margin of 5.69% is in line compared to the rest of the industry. PRIM outperforms 52.73% of its industry peers.
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: 72.73% of the companies in the same industry are doing better.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PRIM is still creating some value.
The number of shares outstanding for PRIM has been increased compared to 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
An Altman-Z score of 3.83 indicates that PRIM is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.83, PRIM is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
PRIM has a debt to FCF ratio of 0.99. This is a very positive value and a sign of high solvency as it would only need 0.99 years to pay back of 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.
A Debt/Equity ratio of 0.26 indicates that PRIM is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.26, PRIM is in the better half of 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 | 3.83 |
ROIC/WACC1.19
WACC10.09%
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.
Looking at the Current ratio, with a value of 1.20, PRIM is doing worse than 60.00% 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 (1.20) which is in line with 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.
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
The Earnings Per Share is expected to grow by 13.02% on average over the next years. This is quite good.
PRIM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.99% yearly.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 23.41, 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/Earnings ratio.
When comparing the Price/Earnings ratio of PRIM to the average of the S&P500 Index (26.29), we can say PRIM is valued inline with the index average.
With a Price/Forward Earnings ratio of 22.03, PRIM is valued on the expensive side.
Based on the Price/Forward Earnings ratio, PRIM is valued a bit cheaper than 76.36% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of PRIM to the average of the S&P500 Index (23.51), we can say PRIM is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.41 | ||
| Fwd PE | 22.03 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PRIM indicates a somewhat cheap valuation: PRIM is cheaper than 76.36% of the companies listed in the same industry.
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 | 14.66 | ||
| EV/EBITDA | 13.96 |
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 22.20% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.51
PEG (5Y)1.23
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.
With a Dividend Yield of 0.25, PRIM pays less dividend than the S&P500 average, which is at 2.31.
| 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 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
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%
132.75
+0.79 (+0.6%)
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 Cap7.17B
Revenue(TTM)7.46B
Net Income(TTM)277.14M
Analysts78
Price Target153.55 (15.67%)
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 | 23.41 | ||
| Fwd PE | 22.03 | ||
| P/S | 0.96 | ||
| P/FCF | 14.66 | ||
| P/OCF | 11.46 | ||
| P/B | 4.41 | ||
| P/tB | 12.44 | ||
| EV/EBITDA | 13.96 |
EPS(TTM)5.67
EY4.27%
EPS(NY)6.03
Fwd EY4.54%
FCF(TTM)9.06
FCFY6.82%
OCF(TTM)11.58
OCFY8.72%
SpS138.05
BVpS30.13
TBVpS10.67
PEG (NY)0.51
PEG (5Y)1.23
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 | 3.83 |
F-Score7
WACC10.09%
ROIC/WACC1.19
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 23.41 and the Price/Book (PB) ratio is 4.41.
Can you provide the financial health for PRIM stock?
The financial health rating of PRIMORIS SERVICES CORP (PRIM) is 6 / 10.