EMCOR Group, Inc. provides electrical and mechanical construction, and facilities services in the United States. More Details
Flawless balance sheet with moderate growth potential.
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 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: EME underperformed the US Construction industry which returned -0.9% over the past year.
Return vs Market: EME underperformed the US Market which returned 12.8% over the past year.
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
3 days ago | Simply Wall StEMCOR Group, Inc.'s (NYSE:EME) Popularity With Investors Is Clear
2 weeks ago | Simply Wall StHere's Why EMCOR Group's (NYSE:EME) Statutory Earnings Are Arguably Too Conservative
3 weeks ago | Simply Wall StEMCOR Group (NYSE:EME) Shareholders Booked A 63% Gain In The Last Five Years
Is EMCOR Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EME ($68.88) is trading below our estimate of fair value ($70.63)
Significantly Below Fair Value: EME is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: EME is poor value based on its PE Ratio (23.9x) compared to the US Construction industry average (18.7x).
PE vs Market: EME is poor value based on its PE Ratio (23.9x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: EME is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: EME is overvalued based on its PB Ratio (1.9x) compared to the US Construction industry average (1.7x).
How is EMCOR Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EME's forecast earnings growth (31.1% per year) is above the savings rate (2.2%).
Earnings vs Market: EME's earnings (31.1% per year) are forecast to grow faster than the US market (23.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: EME's revenue (0.9% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: EME's revenue (0.9% 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 (13.6%).
How has EMCOR Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EME has a large one-off loss of $237.5M impacting its June 30 2020 financial results.
Growing Profit Margin: EME's current net profit margins (1.8%) are lower than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: EME's earnings have grown by 12.6% 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 (-49.1%) over the past year, making it difficult to compare to the Construction industry average (17.6%).
Return on Equity
High ROE: EME's Return on Equity (8.3%) is considered low.
How is EMCOR Group's financial position?
Financial Position Analysis
Short Term Liabilities: EME's short term assets ($2.7B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: EME's short term assets ($2.7B) exceed its long term liabilities ($838.0M).
Debt to Equity History and Analysis
Debt Level: EME's debt to equity ratio (15.2%) is considered satisfactory.
Reducing Debt: EME's debt to equity ratio has reduced from 22.1% to 15.2% over the past 5 years.
Debt Coverage: EME's debt is well covered by operating cash flow (228.3%).
Interest Coverage: EME's interest payments on its debt are well covered by EBIT (45.7x coverage).
What is EMCOR Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EME's dividend (0.46%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.66%).
High Dividend: EME's dividend (0.46%) is low compared to the top 25% of dividend payers in the US market (4.7%).
Stability and Growth of Payments
Stable Dividend: EME is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: EME is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: EME is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of EME's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tony Guzzi (56 yo)
Mr. Anthony J. Guzzi, also known as Tony, has been the President and Chief Executive Officer of EMCOR Group Inc., since October 25, 2004 and January 3, 2011 respectively and also has been its Chairman sinc ...
CEO Compensation Analysis
Compensation vs Market: Tony's total compensation ($USD10.64M) is above average for companies of similar size in the US market ($USD5.65M).
Compensation vs Earnings: Tony's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||14.42yrs||US$4.73m||0.25% |
|Senior VP||4.67yrs||US$2.53m||0.050% |
|Executive Vice President of Shared Services||24.42yrs||US$3.47m||0.35% |
|VP & Chief Information Officer||0.25yr||no data||no data|
|Vice President of Compliance||5.83yrs||no data||no data|
|Vice President of Human Resources||7.75yrs||no data||no data|
|President of Commercial Site Services||6.67yrs||no data||no data|
|VP & Chief Information Security Officer||0.25yr||no data||no data|
|CEO & President of EMCOR Construction Services||no data||no data||no data|
|CEO & President of EMCOR Building Services||no data||no data||no data|
|Chief Executive Officer of EMCOR UK||11.83yrs||no data||no data|
Experienced Management: EME's management team is seasoned and experienced (7.2 years average tenure).
|Lead Independent Director||2.25yrs||US$405.00k||0.031% |
|Independent Director||22.25yrs||US$370.00k||0.058% |
|Independent Director||11.75yrs||US$365.00k||0.16% |
|Independent Director||5.92yrs||US$370.00k||0.058% |
|Independent Director||3.25yrs||US$365.00k||0% |
|Independent Director||1.75yrs||US$362.50k||0% |
|Independent Director||4.92yrs||US$365.00k||0.025% |
Experienced Board: EME's board of directors are considered experienced (3.3 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
EMCOR Group, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: EMCOR Group, Inc.
- Ticker: EME
- Exchange: NYSE
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: US$3.782b
- Shares outstanding: 54.91m
- Website: https://www.emcorgroup.com
Number of Employees
- EMCOR Group, Inc.
- 301 Merritt Seven
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EME||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jul 1995|
|EM4||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jul 1995|
EMCOR Group, Inc. provides electrical and mechanical construction, and facilities services in the United States. The company designs, integrates, installs, starts-up, operates, and maintains electric power ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/21 06:33|
|End of Day Share Price||2020/09/18 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.