New Risk • Apr 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 7.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.8x net interest cover). Share price has been highly volatile over the past 3 months (7.7% average weekly change). Buy Or Sell Opportunity • Mar 10
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 21% to €107. The fair value is estimated to be €86.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to grow by 18% in a year. Earnings are forecast to grow by 38% in the next year. Announcement • Mar 03
Construction Partners, Inc. (NasdaqGS:ROAD) announces an Equity Buyback for $50 million worth of its shares. Construction Partners, Inc. (NasdaqGS:ROAD) announces a share repurchase program. Under the program, the company repurchase up to $50 million worth of its class A common stock. The company intends to utilize the stock repurchase program to minimize the dilutive impact of awards granted under the company’s equity incentive plans and to repurchase shares opportunistically. The repurchase program will be valid till September 30, 2028. Reported Earnings • Feb 07
First quarter 2026 earnings released: EPS: US$0.31 (vs US$0.056 loss in 1Q 2025) First quarter 2026 results: EPS: US$0.31 (up from US$0.056 loss in 1Q 2025). Revenue: US$809.5m (up 44% from 1Q 2025). Net income: US$17.2m (up US$20.3m from 1Q 2025). Profit margin: 2.1% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Construction industry in Italy. Announcement • Feb 05
Construction Partners, Inc. Raises Earnings Guidance for the Fiscal Year Ending September 30, 2026 Construction Partners, Inc. raised earnings guidance for the fiscal year ending September 30, 2026. For the year, the company is raising Revenue in the range of $3.480 billion to $3.560 billion and Net income in the range of $154.0 million to $158.0 million. Announcement • Feb 03
Construction Partners, Inc. (NASDAQ: ROAD) acquired GMJ Paving Co., LLC. Construction Partners, Inc. (NASDAQ: ROAD) acquired GMJ Paving Co., LLC on February 2, 2026. As part of the acquisition, Lupe Munoz and his team will join Construction Partners, Inc. (NASDAQ: ROAD).
Construction Partners, Inc. (NASDAQ: ROAD) completed the acquisition of GMJ Paving Co., LLC on February 2, 2026. Announcement • Jan 28
Construction Partners, Inc., Annual General Meeting, Mar 24, 2026 Construction Partners, Inc., Annual General Meeting, Mar 24, 2026. Location: doubletree by hilton 2740 ross clark circle, alabama 36301, dothan United States Announcement • Jan 09
Construction Partners, Inc. to Report Q1, 2026 Results on Feb 05, 2026 Construction Partners, Inc. announced that they will report Q1, 2026 results Pre-Market on Feb 05, 2026 Buy Or Sell Opportunity • Dec 11
Now 25% overvalued Over the last 90 days, the stock has fallen 12% to €94.50. The fair value is estimated to be €75.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 42%. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 22% per annum over the same time period. New Risk • Nov 26
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risk Large one-off items impacting financial results. Buy Or Sell Opportunity • Nov 25
Now 21% overvalued Over the last 90 days, the stock has fallen 13% to €91.50. The fair value is estimated to be €75.88, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 42%. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 22% per annum over the same time period. Reported Earnings • Nov 21
Full year 2025 earnings released: EPS: US$1.85 (vs US$1.33 in FY 2024) Full year 2025 results: EPS: US$1.85 (up from US$1.33 in FY 2024). Revenue: US$2.81b (up 54% from FY 2024). Net income: US$101.8m (up 48% from FY 2024). Profit margin: 3.6% (down from 3.8% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Construction industry in Italy. Announcement • Nov 21
Construction Partners, Inc. Reiterates Earnings Guidance for the Fiscal Year Ending September 30, 2026 Construction Partners, Inc. reiterated earnings guidance for the fiscal year ending September 30, 2026. The Company's outlook for fiscal year 2026 with regard to revenue, net income is as follows: Revenue in the range of $3.400 billion to $3.500 billion. Net income in the range of $150.0 million to $155.0 million. Announcement • Nov 07
Construction Partners, Inc. to Report Q4, 2025 Results on Nov 20, 2025 Construction Partners, Inc. announced that they will report Q4, 2025 results Pre-Market on Nov 20, 2025 Board Change • Oct 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Noreen Skelly was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Oct 22
Construction Partners, Inc. Provides Earnings Guidance for the Fiscal Year Ended September 30, 2025 and Fiscal Year 2026 Construction Partners, Inc. provided earnings guidance for the fiscal year ended September 30, 2025 and fiscal year 2026. For the year 2025, the company's revenue is expected to be in the range of $2.800 billion to $2.820 billion, compared to $1.824 billion in fiscal 2024. Net income in fiscal 2025 is expected to be in the range of $101.0 million to $101.8 million, compared to $68.9 million in fiscal 2024.
For the year 2026, the company's revenue in the range of $3.400 billion to $3.500 billion and net income in the range of $150.0 million to $155.0 million. Board Change • Sep 05
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Noreen Skelly was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 08
Third quarter 2025 earnings released: EPS: US$0.80 (vs US$0.59 in 3Q 2024) Third quarter 2025 results: EPS: US$0.80 (up from US$0.59 in 3Q 2024). Revenue: US$779.3m (up 51% from 3Q 2024). Net income: US$44.0m (up 43% from 3Q 2024). Profit margin: 5.7% (down from 6.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Construction industry in Italy. Announcement • Aug 07
Construction Partners, Inc. Maintains Earnings Guidance for the Fiscal Year Ending September 30, 2025 Construction Partners, Inc. maintained earnings guidance for the fiscal year ending September 30, 2025. For the period, the company expected revenue to be in the range of $2.77 billion to $2.83 billion and net income to be in the range of $106 million to $117 million. Announcement • Aug 05
Construction Partners, Inc. (NasdaqGS:ROAD) acquired Durwood Greene Construction Co. and G & S Asphalt, Inc. Construction Partners, Inc. (NasdaqGS:ROAD) acquired Durwood Greene Construction Co. and G & S Asphalt, Inc. on August 4, 2025.
Construction Partners, Inc. (NasdaqGS:ROAD) completed the acquisition of Durwood Greene Construction Co. and G & S Asphalt, Inc. on August 4, 2025. Board Change • Jul 30
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Noreen Skelly was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Jul 17
Construction Partners, Inc. to Report Q3, 2025 Results on Aug 07, 2025 Construction Partners, Inc. announced that they will report Q3, 2025 results Pre-Market on Aug 07, 2025 Board Change • Jul 07
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Noreen Skelly was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 
