Granite Construction Inc
Exchange: NYSESector: IndustrialsIndustry: Engineering & Construction
Granite Construction Incorporated is a diversified heavy civil contractors and construction materials producers in the United States. The Company operates in four segments: Construction, Large Project Construction, Construction Materials and Real Estate. The Company operates nationwide, serving both public and private sector clients. Within the public sector, it primarily concentrates on heavy-civil infrastructure projects, including the construction of roads, highways, mass transit facilities, airport infrastructure, bridges, dams and other infrastructure related projects. Within the private sector, it performs site preparation and infrastructure services for residential development, commercial and industrial buildings, and other facilities. It also has contractor-owned heavy construction equipment fleets in the United States. In December 2012, it purchased 100% interest of Kenny Construction Company (Kenny).
Current Price
$127.63
-2.38%GoodMoat Value
$190.52
49.3% undervaluedProfile
Valuation (TTM)
Market Cap$5.55B
P/E30.02
EV—
P/B4.71
Shares Out43.50M
P/Sales1.20
Revenue$4.64B
EV/EBITDA13.40
Granite Construction Inc (GVA) Stock Analysis
Market Cap$5.55B
Current Price$127.63
P/E Ratio30.02
Forward P/E—
PEG Ratio1.22
EPS$3.86
Book Value$27.10
P/B Ratio4.71
GVA Financial Charts
FCF vs CAPEX
FCFCAPEX
Forward estimates use 43.5% FCF growth (CAGR)
Cash vs Debt
Net Debt: 936M
Revenue
2.9B
FY19
3.6B
FY20
3.5B
FY21
3.3B
FY22
3.5B
FY23
4.0B
FY24
4.4B
FY25
Net Income
—
FY19
—
FY20
10M
FY21
83M
FY22
44M
FY23
126M
FY24
193M
FY25
GVA 52-Week Range
$85.75
$143.13
50-Day MA: $127.55200-Day MA: $116.88
Did you know?
Free cash flow has been growing at 43.5% annually.
Granite Construction Inc (GVA) Financial Summary
Granite Construction Inc (GVA) is a Industrials company in the Engineering & Construction industry, listed on NYSE. The stock currently trades at $127.63 with a market capitalization of $5.55B.
Key valuation metrics include a P/E ratio of 30.02, price-to-book ratio of 4.71, and EPS of $3.86. The company reports a profit margin of 4.0% and return on equity of 15.7%.
GVA Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $5.55B |
| P/E Ratio | 30.02 |
| EPS | $3.86 |
| P/B Ratio | 4.71 |
| P/S Ratio | 1.20 |
| EV/EBITDA | 13.40 |
| Dividend Yield | 0.41% |
| Profit Margin | 4.0% |
| Return on Equity | 15.7% |
| Debt/Equity | 1.24 |
GVA Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $2.91B | $-60.19M |
| FY20 | $3.56B | $-145.12M |
| FY21 | $3.50B | $10.10M |
| FY22 | $3.30B | $83.30M |
| FY23 | $3.51B | $43.60M |
| FY24 | $4.01B | $126.35M |
| FY25 | $4.42B | $193.00M |
Granite Construction Inc (GVA) Valuation
Based on GoodMoat's DCF model, Granite Construction Inc has a fair value estimate of $190.52. At the current price of $127.63, the stock appears 33.0% undervalued relative to our intrinsic value estimate.
GVA Quality Indicators
Granite Construction Inc maintains a profit margin of 4.0% and an operating margin of 6.4%. Return on equity stands at 15.7%. The current ratio is 1.22. Debt-to-equity ratio is 1.24.
About Granite Construction Inc
Granite Construction Incorporated is a diversified heavy civil contractors and construction materials producers in the United States. The Company operates in four segments: Construction, Large Project Construction, Construction Materials and Real Estate. The Company operates nationwide, serving both public and private sector clients. Within the public sector, it primarily concentrates on heavy-civil infrastructure projects, including the construction of roads, highways, mass transit facilities, airport infrastructure, bridges, dams and other infrastructure related projects. Within the private sector, it performs site preparation and infrastructure services for residential development, commercial and industrial buildings, and other facilities. It also has contractor-owned heavy construction equipment fleets in the United States. In December 2012, it purchased 100% interest of Kenny Construction Company (Kenny).
GVA Free Cash Flow
Granite Construction Inc generated $363.49M in trailing twelve-month free cash flow, representing an FCF yield of 6.55%. This strong FCF yield suggests the company generates substantial cash relative to its market value.
GVA Shares Outstanding
Granite Construction Inc has 0.04 billion shares outstanding at a share price of $127.63, giving it a market capitalization of $5.55B.