PRIMORIS SERVICES CORP (PRIM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PRIM - US74164F1030 - Common Stock
126.54 USD
-2.62 (-2.03%)
126.54 USD
0 (0%)
PRIM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 54 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.
PRIM had a positive operating cash flow in the past year.
Each year in the past 5 years PRIM has been profitable.
In the past 5 years PRIM always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of PRIM (5.96%) is better than 64.81% of its industry peers.
PRIM's Return On Equity of 17.03% is fine compared to the rest of the industry. PRIM outperforms 66.67% of its industry peers.
PRIM's Return On Invested Capital of 12.01% is fine compared to the rest of the industry. PRIM outperforms 72.22% 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 16.29%.
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 55.56% 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 of 5.69%. This is comparable to the rest of the industry: PRIM outperforms 51.85% of its industry peers.
PRIM's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 11.03%, PRIM is not doing good in the industry: 70.37% 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
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.
The number of shares outstanding for PRIM has been increased compared to 5 years ago.
The debt/assets ratio for PRIM has been reduced compared to a year ago.
2.2 Solvency
PRIM has an Altman-Z score of 3.80. This indicates that PRIM is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 3.80, PRIM is doing good in the industry, outperforming 62.96% of the companies in the same industry.
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 better Debt to FCF ratio (0.99) than 81.48% of its industry peers.
A Debt/Equity ratio of 0.26 indicates that PRIM is not too dependend on debt financing.
The Debt to Equity ratio of PRIM (0.26) is better than 72.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 0.99 | ||
| Altman-Z | 3.8 |
ROIC/WACC1.14
WACC10.5%
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 42.59% 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.
PRIM shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.96% yearly.
The Revenue has grown by 21.45% in the past year. This is a very strong growth!
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
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.
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 2Y24.89%
EPS Next 3Y22.15%
EPS Next 5Y13.02%
Revenue Next Year20.63%
Revenue Next 2Y13.6%
Revenue Next 3Y11.78%
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
The Price/Earnings ratio is 22.32, which indicates a rather expensive current valuation of PRIM.
Based on the Price/Earnings ratio, PRIM is valued cheaper than 81.48% of the companies in the same industry.
When comparing the Price/Earnings ratio of PRIM to the average of the S&P500 Index (26.84), we can say PRIM is valued inline with the index average.
PRIM is valuated rather expensively with a Price/Forward Earnings ratio of 21.02.
79.63% of the companies in the same industry are more expensive than PRIM, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.40, PRIM is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.32 | ||
| Fwd PE | 21.02 |
4.2 Price Multiples
79.63% of the companies in the same industry are more expensive than PRIM, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, PRIM is valued cheaper than 87.04% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.97 | ||
| EV/EBITDA | 13.66 |
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.
PRIM has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as PRIM's earnings are expected to grow with 22.15% in the coming years.
PEG (NY)0.48
PEG (5Y)1.18
EPS Next 2Y24.89%
EPS Next 3Y22.15%
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 0.41, PRIM pays a better dividend. On top of this PRIM pays more dividend than 81.48% 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 2.00.
| 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
PRIM pays out 5.83% of its income as dividend. This is a sustainable payout ratio.
DP5.83%
EPS Next 2Y24.89%
EPS Next 3Y22.15%
126.54
-2.62 (-2.03%)
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-0.75%
Market Cap6.84B
Revenue(TTM)7.46B
Net Income(TTM)277.14M
Analysts78
Price Target153.39 (21.22%)
Short Float %3.37%
Short Ratio2.12
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)-2.72%
PT rev (3m)23.49%
EPS NQ rev (1m)-0.04%
EPS NQ rev (3m)-2.25%
EPS NY rev (1m)8.4%
EPS NY rev (3m)11.43%
Revenue NQ rev (1m)0.27%
Revenue NQ rev (3m)4.71%
Revenue NY rev (1m)5.76%
Revenue NY rev (3m)6.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.32 | ||
| Fwd PE | 21.02 | ||
| P/S | 0.92 | ||
| P/FCF | 13.97 | ||
| P/OCF | 10.93 | ||
| P/B | 4.2 | ||
| P/tB | 11.86 | ||
| EV/EBITDA | 13.66 |
EPS(TTM)5.67
EY4.48%
EPS(NY)6.02
Fwd EY4.76%
FCF(TTM)9.06
FCFY7.16%
OCF(TTM)11.58
OCFY9.15%
SpS138.05
BVpS30.13
TBVpS10.67
PEG (NY)0.48
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 | 3.8 |
F-Score7
WACC10.5%
ROIC/WACC1.14
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 2Y24.89%
EPS Next 3Y22.15%
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 2Y13.6%
Revenue Next 3Y11.78%
Revenue Next 5Y7.99%
EBIT growth 1Y37.94%
EBIT growth 3Y19.69%
EBIT growth 5Y17.82%
EBIT Next Year73.41%
EBIT Next 3Y29.09%
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.