Limbach Holdings, Inc. provides commercial specialty contract services in the United States.
Adequate balance sheet with moderate growth potential.
Share Price & News
How has Limbach Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LMB's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: LMB underperformed the US Construction industry which returned -13.4% over the past year.
Return vs Market: LMB underperformed the US Market which returned 4.3% over the past year.
Price Volatility Vs. Market
How volatile is Limbach Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StEarnings Update: Here's Why Analysts Just Lifted Their Limbach Holdings, Inc. (NASDAQ:LMB) Price Target To US$4.75
2 weeks ago | Simply Wall StHow Limbach Holdings, Inc. (NASDAQ:LMB) Can Impact Your Portfolio Volatility
1 month ago | Simply Wall StThese 4 Measures Indicate That Limbach Holdings (NASDAQ:LMB) Is Using Debt Extensively
Is Limbach Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: LMB ($3.71) is trading above our estimate of fair value ($0.01)
Significantly Below Fair Value: LMB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LMB is unprofitable, so we can't compare its PE Ratio to the Construction industry average.
PE vs Market: LMB is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LMB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LMB is good value based on its PB Ratio (0.6x) compared to the US Construction industry average (1.5x).
How is Limbach Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LMB is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: LMB is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: LMB's is expected to become profitable in the next 3 years.
Revenue vs Market: LMB's revenue is expected to decline over the next 3 years (-1.8% per year).
High Growth Revenue: LMB's revenue is forecast to decline over the next 3 years (-1.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if LMB's Return on Equity is forecast to be high in 3 years time
How has Limbach Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LMB is currently unprofitable.
Growing Profit Margin: LMB is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LMB is unprofitable, and losses have increased over the past 5 years at a rate of -42.5% per year.
Accelerating Growth: Unable to compare LMB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LMB is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (15.6%).
Return on Equity
High ROE: LMB has a negative Return on Equity (-7.8%), as it is currently unprofitable.
How is Limbach Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: LMB's short term assets ($199.4M) exceed its short term liabilities ($159.6M).
Long Term Liabilities: LMB's short term assets ($199.4M) exceed its long term liabilities ($56.5M).
Debt to Equity History and Analysis
Debt Level: LMB's debt to equity ratio (78.9%) is considered high.
Reducing Debt: LMB's debt to equity ratio has increased from 2.4% to 78.9% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable LMB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LMB is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 39% per year.
What is Limbach Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LMB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LMB'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 LMB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LMB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LMB's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Charlie Bacon (60yo)
Mr. Charles A. Bacon, III, also known as Charlie, has been the Chief Executive Officer and President of Limbach Holdings, Inc. since July 20, 2016. Mr. Bacon serves as Chief Executive Officer and President ...
CEO Compensation Analysis
Compensation vs Market: Charlie's total compensation ($USD821.00K) is above average for companies of similar size in the US market ($USD606.89K).
Compensation vs Earnings: Charlie's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||0.75yr||US$608.11k||0.064% $18.6k|
|Executive VP & COO||0.67yr||US$396.60k||0.15% $43.5k|
|General Counsel||14.5yrs||no data||no data|
|Vice President of People & Culture||2.83yrs||no data||no data|
|Executive Vice President of M&A and Capital Markets||2.83yrs||US$53.28k||no data|
|Executive Vice President of Service||no data||no data||no data|
|Chief Learning Officer & Senior VP||4.5yrs||no data||no data|
|President of Limbach Engineering & Design Services||no data||no data||no data|
Experienced Management: LMB's management team is considered experienced (2.8 years average tenure).
|Independent Director||4yrs||US$98.56k||0.22% $64.2k|
|Independent Chairman of the Board||4yrs||US$128.56k||1.47% $427.2k|
|Independent Director||0.33yr||no data||0.20% $59.4k|
|Independent Director||6.25yrs||US$118.56k||0.21% $60.8k|
|Independent Director||2.83yrs||US$98.56k||0.50% $145.1k|
|Independent Director||2.08yrs||US$118.56k||0.041% $11.9k|
Experienced Board: LMB's board of directors are considered experienced (4 years average tenure).
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 been diluted in the past year, with total shares outstanding growing by 2.8%.
Limbach Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Limbach Holdings, Inc.
- Ticker: LMB
- Exchange: NasdaqCM
- Founded: 1901
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: US$29.136m
- Shares outstanding: 7.85m
- Website: https://www.limbachinc.com
Number of Employees
- Limbach Holdings, Inc.
- 1251 Waterfront Place
- Suite 201
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TFSC.U||NasdaqCM (Nasdaq Capital Market)||Old Units||US||USD||Jul 2014|
|LMB||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Aug 2014|
Limbach Holdings, Inc. provides commercial specialty contract services in the United States. It operates in two segments, Construction and Service. The company provides services in the areas of heating, ventilation, air-conditioning (HVAC), plumbing, electrical, and building controls through the design and construction of new and renovated buildings; maintenance services; and equipment upgrades. Its facility services comprise mechanical construction, HVAC service and maintenance, energy audits and retrofits, engineering and design build, constructability evaluation, equipment and materials selection, prefabrication of mechanical systems and components, and sustainable building solutions and practices. The company serves healthcare facilities; public and private colleges, universities, research centers and K-12 facilities; sports arenas; entertainment facilities, including casinos, and amusement rides; passenger terminals and maintenance facilities for rail and airports; government facilities comprising federal, state, and local agencies; hotels and resorts; office building and other commercial structures; mission critical facilities, including data centers; and industrial manufacturing facilities. It operates in Florida, California, Massachusetts, New Jersey, Pennsylvania, Delaware, Maryland, Washington DC, Virginia, West Virginia, Ohio, and Michigan. Limbach Holdings, Inc. was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/02 00:18|
|End of Day Share Price||2020/07/01 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.