NasdaqCM:NVEE

Stock Analysis Report

Executive Summary

NV5 Global, Inc. provides professional and technical engineering and consulting services to public and private sector clients in the infrastructure, energy, construction, real estate, and environmental markets in the United States and internationally.


Snowflake Analysis

Flawless balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has NV5 Global's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: NVEE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-19.2%

NVEE

-11.1%

US Construction

-10.6%

US Market


1 Year Return

-29.3%

NVEE

1.1%

US Construction

5.2%

US Market

Return vs Industry: NVEE underperformed the US Construction industry which returned 5.2% over the past year.

Return vs Market: NVEE underperformed the US Market which returned 10.2% over the past year.


Shareholder returns

NVEEIndustryMarket
7 Day-19.2%-11.1%-10.6%
30 Day-9.7%-8.2%-8.5%
90 Day17.9%-6.9%-4.6%
1 Year-29.3%-29.3%1.9%1.1%7.4%5.2%
3 Year51.0%51.0%-3.7%-6.0%31.7%23.2%
5 Year298.2%298.2%28.9%24.0%56.4%39.3%

Price Volatility Vs. Market

How volatile is NV5 Global's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is NV5 Global undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NVEE ($64.15) is trading below our estimate of fair value ($168.39)

Significantly Below Fair Value: NVEE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: NVEE is poor value based on its PE Ratio (27.7x) compared to the Construction industry average (16x).

PE vs Market: NVEE is poor value based on its PE Ratio (27.7x) compared to the US market (17.1x).


Price to Earnings Growth Ratio

PEG Ratio: NVEE is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: NVEE is overvalued based on its PB Ratio (2.4x) compared to the US Construction industry average (1.8x).


Next Steps

Future Growth

How is NV5 Global forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

28.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NVEE's forecast earnings growth (27.4% per year) is above the savings rate (1.7%).

Earnings vs Market: NVEE's earnings (27.4% per year) are forecast to grow faster than the US market (13.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NVEE's revenue (15.7% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: NVEE's revenue (15.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NVEE's Return on Equity is forecast to be low in 3 years time (7.3%).


Next Steps

Past Performance

How has NV5 Global performed over the past 5 years?

32.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NVEE has high quality earnings.

Growing Profit Margin: NVEE's current net profit margins (5.7%) are lower than last year (7.7%).


Past Earnings Growth Analysis

Earnings Trend: NVEE's earnings have grown significantly by 36.7% per year over the past 5 years.

Accelerating Growth: NVEE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NVEE had negative earnings growth (-9.3%) over the past year, making it difficult to compare to the Construction industry average (2.4%).


Return on Equity

High ROE: NVEE's Return on Equity (8%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is NV5 Global's financial position?


Financial Position Analysis

Short Term Liabilities: NVEE's short term assets ($204.0M) exceed its short term liabilities ($80.2M).

Long Term Liabilities: NVEE's short term assets ($204.0M) exceed its long term liabilities ($92.5M).


Debt to Equity History and Analysis

Debt Level: NVEE's debt to equity ratio (16%) is considered satisfactory.

Reducing Debt: NVEE's debt to equity ratio has reduced from 22% to 16% over the past 5 years.

Debt Coverage: NVEE's debt is well covered by operating cash flow (70.2%).

Interest Coverage: NVEE's interest payments on its debt are well covered by EBIT (24.7x coverage).


Balance Sheet

Inventory Level: NVEE has a low level of unsold assets or inventory.

Debt Coverage by Assets: NVEE's debt is covered by short term assets (assets are 3.7x debt).


Next Steps

Dividend

What is NV5 Global's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.6%markettop25%4.1%industryaverage1.0%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate NVEE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate NVEE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if NVEE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NVEE'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 NVEE's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.3yrs

Average management tenure


CEO

Dickerson Wright (72yo)

10.2yrs

Tenure

US$1,539,505

Compensation

Mr. Dickerson Wright, P.E., has been the Chairman and Chief Executive Officer of NV5 Global, Inc. since December 2009. Mr. Wright served as the Chairman and Chief Executive Officer of NV5, Inc. He served a ...


CEO Compensation Analysis

Compensation vs Market: Dickerson's total compensation ($USD1.54M) is below average for companies of similar size in the US market ($USD2.58M).

Compensation vs Earnings: Dickerson's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Dickerson Wright
Chairman & CEO10.2yrsUS$1.54m15.16% $110.9m
Alexander Hockman
President5.1yrsUS$696.05k1.38% $10.1m
Richard Tong
Executive VP & General Counsel9.8yrsUS$495.32k0.25% $1.9m
Donald Alford
Executive Vice President10yrsUS$537.71k0.29% $2.1m
Edward Codispoti
Chief Financial Officer0.7yrsno data0.0078% $57.0k
Mary O'Brien
Executive VP1.7yrsno data0.57% $4.1m
Jack Cochran
Vice President of Marketing & Investor Relations0yrsno datano data
Kevin Wedman
CBO, Senior Vice President & Director of ENERGY 20215.3yrsno datano data
Todd George
Chief Operating Officer of Infrastructure - West4.6yrsno datano data
Scott Kvandal
Chief Synergy Officer4yrsno datano data

5.3yrs

Average Tenure

58.5yo

Average Age

Experienced Management: NVEE's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dickerson Wright
Chairman & CEO10.2yrsUS$1.54m15.16% $110.9m
Alexander Hockman
President5.1yrsUS$696.05k1.38% $10.1m
Mary O'Brien
Executive VP1.7yrsno data0.57% $4.1m
William M. Pruitt
Independent Director6.9yrsUS$114.00k0.0050% $36.6k
Gerald Salontai
Independent Director6.9yrsUS$114.00k0.23% $1.7m
François Tardan
Independent Director5.1yrsUS$114.00k0.028% $206.0k
Laurie Conner
Independent Director0.7yrsno datano data

5.1yrs

Average Tenure

64yo

Average Age

Experienced Board: NVEE's board of directors are considered experienced (5.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: NVEE insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.9%.


Top Shareholders

Company Information

NV5 Global, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: NV5 Global, Inc.
  • Ticker: NVEE
  • Exchange: NasdaqCM
  • Founded: 1949
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: US$731.071m
  • Shares outstanding: 12.89m
  • Website: https://www.nv5.com

Number of Employees


Location

  • NV5 Global, Inc.
  • 200 South Park Road
  • Suite 350
  • Hollywood
  • Florida
  • 33021
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NVEENasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDSep 2013

Biography

NV5 Global, Inc. provides professional and technical engineering and consulting services to public and private sector clients in the infrastructure, energy, construction, real estate, and environmental markets in the United States and internationally. It operates through two segments, Infrastructure; and Building, Technology & Sciences. The company offers site selection and planning, design, water resources, transportation, structural engineering, land development, surveying, power delivery, building code compliance, and other services; and construction materials testing and engineering, geotechnical engineering and consulting, and forensic consulting services. It also provides governmental outsourcing and consulting, and technical outsourcing services, as well as building program management services. In addition, the company offers mechanical, electrical, and plumbing design services; commissioning services; energy performance, management, and optimization services; acoustical design consulting services; and audiovisual–security and surveillance–information technology–data center services, as well as energy services. Further, it provides various services, such as investigating and analyzing environmental conditions, and recommending corrective measures and procedures; occupational health and safety services; hydrogeological modeling and environmental programs; water resource planning, monitoring, and environmental management of wastewater facilities; solid waste landfill investigations; permitting and compliance; storm water pollution; environmental impact statement support; agricultural waste management and permitting; and wetland evaluations. The company was formerly known as NV5 Holdings, Inc. and changed its name to NV5 Global, Inc. in December 2015. NV5 Global, Inc. was founded in 1949 and is headquartered in Hollywood, Florida. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 02:07
End of Day Share Price2020/02/27 00:00
Earnings2019/12/28
Annual Earnings2019/12/28


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.