EMCOR Group
Market Cap
US$6.7b
Last Updated
2021/05/07 03:21 UTC
Data Sources
Company Financials +
Executive Summary
EMCOR Group, Inc. provides electrical and mechanical construction, and facilities services in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with limited growth.
Similar Companies
Share Price & News
How has EMCOR Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EME is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: EME's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
2.0%
EME
1.0%
US Construction
-1.7%
US Market
1 Year Return
106.7%
EME
130.6%
US Construction
51.8%
US Market
Return vs Industry: EME underperformed the US Construction industry which returned 130.6% over the past year.
Return vs Market: EME exceeded the US Market which returned 51.8% over the past year.
Shareholder returns
| EME | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.0% | 1.0% | -1.7% |
| 30 Day | 8.3% | 4.0% | 1.5% |
| 90 Day | 31.8% | 16.8% | 3.1% |
| 1 Year | 107.7%106.7% | 131.7%130.6% | 54.4%51.8% |
| 3 Year | 64.0%61.8% | 61.7%58.8% | 63.0%52.8% |
| 5 Year | 166.8%160.7% | 107.6%100.3% | 127.2%101.9% |
Long-Term Price Volatility Vs. Market
How volatile is EMCOR Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
The Return Trends At EMCOR Group (NYSE:EME) Look Promising3 weeks ago | Simply Wall St
Is It Too Late To Consider Buying EMCOR Group, Inc. (NYSE:EME)?1 month ago | Simply Wall St
Is EMCOR Group (NYSE:EME) A Risky Investment?Valuation
Is EMCOR Group undervalued compared to its fair value and its price relative to the market?
47.98x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: EME ($124.1) is trading above our estimate of fair value ($84.24)
Significantly Below Fair Value: EME is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: EME is poor value based on its PE Ratio (48x) compared to the US Construction industry average (29x).
PE vs Market: EME is poor value based on its PE Ratio (48x) compared to the US market (20.2x).
Price to Earnings Growth Ratio
PEG Ratio: EME is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: EME is overvalued based on its PB Ratio (3.2x) compared to the US Construction industry average (3.1x).
Future Growth
How is EMCOR Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
15.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EME's forecast earnings growth (15.7% per year) is above the savings rate (2%).
Earnings vs Market: EME's earnings (15.7% per year) are forecast to grow faster than the US market (15.4% per year).
High Growth Earnings: EME's earnings are forecast to grow, but not significantly.
Revenue vs Market: EME's revenue (5% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: EME's revenue (5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EME's Return on Equity is forecast to be low in 3 years time (16%).
Past Performance
How has EMCOR Group performed over the past 5 years?
1.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EME has a large one-off loss of $234.9M impacting its March 31 2021 financial results.
Growing Profit Margin: EME's current net profit margins (1.6%) are lower than last year (3.5%).
Past Earnings Growth Analysis
Earnings Trend: EME's earnings have grown by 1.9% per year over the past 5 years.
Accelerating Growth: EME's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EME had negative earnings growth (-56.7%) over the past year, making it difficult to compare to the Construction industry average (9%).
Return on Equity
High ROE: EME's Return on Equity (6.7%) is considered low.
Financial Health
How is EMCOR Group's financial position?
Financial Position Analysis
Short Term Liabilities: EME's short term assets ($3.1B) exceed its short term liabilities ($2.1B).
Long Term Liabilities: EME's short term assets ($3.1B) exceed its long term liabilities ($847.1M).
Debt to Equity History and Analysis
Debt Level: EME's debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: EME's debt to equity ratio has reduced from 21.1% to 12.6% over the past 5 years.
Debt Coverage: EME's debt is well covered by operating cash flow (298.4%).
Interest Coverage: EME's interest payments on its debt are well covered by EBIT (79.5x coverage).
Balance Sheet
Dividend
What is EMCOR Group current dividend yield, its reliability and sustainability?
0.42%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EME's dividend (0.42%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: EME's dividend (0.42%) is low compared to the top 25% of dividend payers in the US market (3.42%).
Stability and Growth of Payments
Stable Dividend: EME is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: EME is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: EME is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of EME'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?
7.3yrs
Average management tenure
CEO
Tony Guzzi (56 yo)
10.33yrs
Tenure
US$10,808,156
Compensation
Mr. Anthony J. Guzzi, also known as Tony, has been the President and Chief Executive Officer of EMCOR Group Inc., since October 25, 2004 and January 3, 2011 respectively and also has been its Chairman sinc...
CEO Compensation Analysis
Compensation vs Market: Tony's total compensation ($USD10.81M) is above average for companies of similar size in the US market ($USD6.50M).
Compensation vs Earnings: Tony's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: EME's management team is seasoned and experienced (7.3 years average tenure).
Board Members
Experienced Board: EME's board of directors are considered experienced (3.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: EME insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
EMCOR Group, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: EMCOR Group, Inc.
- Ticker: EME
- Exchange: NYSE
- Founded: 1987
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: US$6.675b
- Shares outstanding: 54.56m
- Website: https://www.emcorgroup.com
Number of Employees
Location
- EMCOR Group, Inc.
- 301 Merritt Seven
- Norwalk
- Connecticut
- 06851-1092
- United States
Listings
Biography
EMCOR Group, Inc. provides electrical and mechanical construction, and facilities services in the United States. The company offers design, integration, installation, starts-up, operation, and maintenance ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/07 03:21 |
| End of Day Share Price | 2021/05/06 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.