GVA Fair Value Estimate
$190.5249.3% undervalued
Blended fair value estimate based on DCF, Graham Number, and earnings-based models.
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) Valuation
GVA Valuation Metrics
FCF$363.49M
FCF Growth Rate43.46%
EPS Growth (CAGR)32.32%
WACC10.00%
Fair Value Models
Graham Number, PEG-based, and Earnings-based models
View Fair Value →GVA Valuation & Fair Value Analysis
Granite Construction Inc (GVA) valuation analysis using multiple fair value methodologies. GoodMoat calculates a blended fair value target using discounted cash flow (DCF) analysis, the Graham Number, and earnings-based valuation models.
The GoodMoat Fair Value target for Granite Construction Inc is $190.52. The current stock price is $127.63, suggesting the stock is 49.3% undervalued.
The price-to-earnings (P/E) ratio is 30.02. Price-to-book ratio is 4.71. Price-to-sales ratio is 1.20. Enterprise value to EBITDA is 13.40. PEG ratio is 1.22.
GoodMoat's valuation models include the Graham Number (based on EPS and book value), an earnings-based model (discounted future EPS), and a PEG-adjusted valuation. The three models are averaged to produce a blended fair value estimate. Use these tools alongside the DCF calculator and reverse DCF to form a comprehensive view of Granite Construction Inc's intrinsic value.