Great Lakes Dredge & Dock Corporation provides dredging services in the United States and internationally.
Adequate balance sheet with proven track record.
Share Price & News
How has Great Lakes Dredge & Dock's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 5GL has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 5GL exceeded the German Construction industry which returned -25.3% over the past year.
Return vs Market: 5GL underperformed the German Market which returned 8% over the past year.
Price Volatility Vs. Market
How volatile is Great Lakes Dredge & Dock's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Great Lakes Dredge & Dock undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 5GL (€7.95) is trading above our estimate of fair value (€6.29)
Significantly Below Fair Value: 5GL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 5GL is good value based on its PE Ratio (9.1x) compared to the XE Construction industry average (11.5x).
PE vs Market: 5GL is good value based on its PE Ratio (9.1x) compared to the German market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: 5GL's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 5GL is overvalued based on its PB Ratio (1.9x) compared to the XE Construction industry average (1.2x).
How is Great Lakes Dredge & Dock forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 5GL's earnings are forecast to decline over the next 3 years (-10.6% per year).
Earnings vs Market: 5GL's earnings are forecast to decline over the next 3 years (-10.6% per year).
High Growth Earnings: 5GL's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 5GL's revenue (1.3% per year) is forecast to grow slower than the German market (5.8% per year).
High Growth Revenue: 5GL's revenue (1.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 5GL's Return on Equity is forecast to be high in 3 years time
How has Great Lakes Dredge & Dock performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 5GL has high quality earnings.
Growing Profit Margin: 5GL's current net profit margins (9.2%) are higher than last year (6.7%).
Past Earnings Growth Analysis
Earnings Trend: 5GL's earnings have grown significantly by 57.2% per year over the past 5 years.
Accelerating Growth: 5GL's earnings growth over the past year (36.3%) is below its 5-year average (57.2% per year).
Earnings vs Industry: 5GL earnings growth over the past year (36.3%) exceeded the Construction industry 6.6%.
Return on Equity
High ROE: Whilst 5GL's Return on Equity (20.74%) is high, this metric is skewed due to their high level of debt.
How is Great Lakes Dredge & Dock's financial position?
Financial Position Analysis
Short Term Liabilities: 5GL's short term assets ($347.8M) exceed its short term liabilities ($196.5M).
Long Term Liabilities: 5GL's short term assets ($347.8M) do not cover its long term liabilities ($430.6M).
Debt to Equity History and Analysis
Debt Level: 5GL's debt to equity ratio (100.7%) is considered high.
Reducing Debt: 5GL's debt to equity ratio has reduced from 139.9% to 100.7% over the past 5 years.
Debt Coverage: 5GL's debt is well covered by operating cash flow (47.6%).
Interest Coverage: 5GL's interest payments on its debt are well covered by EBIT (4.1x coverage).
What is Great Lakes Dredge & Dock current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 5GL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 5GL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 5GL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 5GL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 5GL is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 5GL's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Lasse Petterson (64 yo)
Mr. Lasse J. Petterson has been the Chief Executive Officer of Great Lakes Dredge & Dock Corporation since May 2, 2017 and has been its President since March 2020. Mr. Petterson served as the President and ...
CEO Compensation Analysis
Compensation vs Market: Lasse's total compensation ($USD3.80M) is above average for companies of similar size in the German market ($USD1.29M).
Compensation vs Earnings: Lasse's compensation has been consistent with company performance over the past year.
|CEO, President & Director||3.25yrs||US$3.80m||0.88% |
|Senior VP & CFO||6.17yrs||US$1.09m||0.21% |
|Chief Operating Officer||0.42yr||US$1.30m||0.45% |
|Senior VP||1.25yrs||US$975.20k||0.11% |
|Director of Investor Relations||no data||no data||no data|
|Vice President of Human Resources||2.58yrs||no data||0.036% |
|Senior Vice President of Operations||no data||no data||no data|
|Senior Vice President of Estimating||no data||US$453.60k||no data|
|Senior Vice President of Corporate IIF & Northern Area Manager||no data||no data||no data|
|Senior Vice President of Plant & Equipment||14.58yrs||no data||no data|
|VP, Controller & Treasurer||6.75yrs||US$440.10k||no data|
|SVP - Ops - Great Lakes Environmental & Infrastructure & President of Terra Contracting Svcs||3.58yrs||no data||no data|
Experienced Management: 5GL's management team is considered experienced (3.4 years average tenure).
|CEO, President & Director||3.25yrs||US$3.80m||0.88% |
|Independent Director||3.58yrs||US$179.21k||0.072% |
|Independent Chairman||2.5yrs||US$268.15k||0.11% |
|Independent Director||2.25yrs||US$161.00k||0.068% |
|Independent Director||3.67yrs||US$168.90k||0.055% |
|Independent Director||0.58yr||no data||0.0081% |
|Independent Director||2.25yrs||US$168.90k||0.042% |
Experienced Board: 5GL's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Great Lakes Dredge & Dock Corporation's company bio, employee growth, exchange listings and data sources
- Name: Great Lakes Dredge & Dock Corporation
- Ticker: 5GL
- Exchange: DB
- Founded: 1890
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: US$620.893m
- Listing Market Cap: US$524.158m
- Shares outstanding: 64.95m
- Website: https://www.gldd.com
Number of Employees
- Great Lakes Dredge & Dock Corporation
- 2122 York Road
- Oak Brook
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GLDD||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Dec 2006|
|5GL||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 2006|
Great Lakes Dredge & Dock Corporation provides dredging services in the United States and internationally. The company engages in capital dredging that consists of port expansion projects, coastal restorat ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/06 21:27|
|End of Day Share Price||2020/08/06 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.