EMCOR Group
Market Cap
US$4.8b
Last Updated
2019/12/08 23:34 UTC
Data Sources
Company Financials +
Executive Summary
EMCOR Group, Inc. provides electrical and mechanical construction, and facilities services in the United States.
Rewards
Risk Analysis
No risks detected for EME from our risk checks.
Snowflake Analysis
Flawless balance sheet with solid track record.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.9%
EME
-3.1%
US Construction
0.3%
US Market
1 Year Return
31.3%
EME
17.0%
US Construction
18.5%
US Market
Return vs Industry: EME exceeded the US Construction industry which returned 17% over the past year.
Return vs Market: EME exceeded the US Market which returned 18.5% over the past year.
Shareholder returns
| EME | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.9% | -3.1% | 0.3% |
| 30 Day | -2.4% | -5.0% | 1.5% |
| 90 Day | -0.7% | 1.9% | 5.7% |
| 1 Year | 31.9%31.3% | 18.0%17.0% | 21.1%18.5% |
| 3 Year | 21.6%20.0% | -1.3%-3.5% | 45.9%36.4% |
| 5 Year | 111.6%106.0% | 33.5%28.8% | 71.4%52.5% |
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
6 days ago | Simply Wall St
Where EMCOR Group, Inc. (NYSE:EME) Stands In Terms Of Earnings Growth Against Its Industry2 weeks ago | Simply Wall St
Can You Imagine How EMCOR Group's (NYSE:EME) Shareholders Feel About The 97% Share Price Increase?3 weeks ago | Simply Wall St
Are Insiders Selling EMCOR Group, Inc. (NYSE:EME) Stock?Valuation
Is EMCOR Group undervalued compared to its fair value and its price relative to the market?
15.51x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: EME ($87.28) is trading above our estimate of fair value ($71.46)
Significantly Below Fair Value: EME is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: EME is good value based on its PE Ratio (15.5x) compared to the Construction industry average (17.4x).
PE vs Market: EME is good value based on its PE Ratio (15.5x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: EME is poor value based on its PEG Ratio (3.1x)
Price to Book Ratio
PB vs Industry: EME is overvalued based on its PB Ratio (2.5x) compared to the US Construction industry average (1.6x).
Next Steps
Future Growth
How is EMCOR Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
4.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EME's forecast earnings growth (4.9% per year) is above the savings rate (1.7%).
Earnings vs Market: EME's earnings (4.9% per year) are forecast to grow slower than the US market (14.2% per year).
High Growth Earnings: EME's earnings are forecast to grow, but not significantly.
Revenue vs Market: EME's revenue (4.4% per year) is forecast to grow slower than the US market (7.4% per year).
High Growth Revenue: EME's revenue (4.4% 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 (15.5%).
Next Steps
Past Performance
How has EMCOR Group performed over the past 5 years?
14.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EME has high quality earnings.
Growing Profit Margin: EME's current net profit margins (3.5%) are higher than last year (3.3%).
Past Earnings Growth Analysis
Earnings Trend: EME's earnings have grown by 14.2% per year over the past 5 years.
Accelerating Growth: EME's earnings growth over the past year (22.2%) exceeds its 5-year average (14.2% per year).
Earnings vs Industry: EME earnings growth over the past year (22.2%) exceeded the Construction industry -2.7%.
Return on Equity
High ROE: EME's Return on Equity (16.1%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is EMCOR Group's financial position?
Financial Position Analysis
Short Term Liabilities: EME's short term assets ($2.6B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: EME's short term assets ($2.6B) exceed its long term liabilities ($763.5M).
Debt to Equity History and Analysis
Debt Level: EME's debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: EME's debt to equity ratio has reduced from 22.3% to 13% over the past 5 years.
Debt Coverage: EME's debt is well covered by operating cash flow (149.2%).
Interest Coverage: EME's interest payments on its debt are well covered by EBIT (39.2x coverage).
Balance Sheet
Inventory Level: EME has a low level of unsold assets or inventory.
Debt Coverage by Assets: EME's debt is covered by short term assets (assets are 10x debt).
Next Steps
Dividend
What is EMCOR Group's current dividend yield, its reliability and sustainability?
0.37%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: EME's dividend (0.37%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: EME's dividend (0.37%) is low compared to the top 25% of dividend payers in the US market (3.7%).
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.
Next Steps
Management
What is the CEO of EMCOR Group's salary, the management and board of directors tenure and is there insider trading?
8.0yrs
Average management tenure
CEO
Tony Guzzi (55yo)
8.9yrs
Tenure
US$10,053,185
Compensation
Mr. Anthony J. Guzzi, also known as Tony, has been the President and Chief Executive Officer of EMCOR Group Inc., since October 25, 2004 and January 3, 2011 respectively and also has been its Chairman sinc ...
CEO Compensation Analysis
Compensation vs Market: Tony's total compensation ($USD10.05M) is above average for companies of similar size in the US market ($USD6.81M).
Compensation vs Earnings: Tony's compensation has been consistent with company performance over the past year.
Management Age and Tenure
8.0yrs
Average Tenure
55yo
Average Age
Experienced Management: EME's management team is seasoned and experienced (8 years average tenure).
Board Age and Tenure
3.3yrs
Average Tenure
64.5yo
Average Age
Experienced Board: EME's board of directors are considered experienced (3.3 years average tenure).
Insider Trading
Insider Buying: EME insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 3,500 |
| Max Price | US$90.71 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 5,000 |
| Max Price | US$89.18 |
| Entity | Individual |
| Shares | 12,000 |
| Max Price | US$66.00 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
R. Matz (60yo)
Executive Vice President of Shared Services
- Tenure: 23.7yrs
- Compensation: US$3.23m
Mark Pompa (54yo)
Executive VP
- Tenure: 13.7yrs
- Compensation: US$4.28m
Keith Chanter
Chief Executive Officer of EMCOR UK
- Tenure: 11.1yrs
Tony Guzzi (55yo)
Chairman
- Tenure: 8.9yrs
- Compensation: US$10.05m
Mike Parry (73yo)
CEO & President of EMCOR Construction Services
- Tenure: 0yrs
Mike Bordes
CEO & President of EMCOR Building Services
- Tenure: 0yrs
Dan Rodstrom
President of Commercial Site Services
- Tenure: 5.9yrs
Maxine Mauricio (47yo)
Senior VP
- Tenure: 3.9yrs
- Compensation: US$2.29m
Lisa Haight
Vice President of Human Resources
- Tenure: 7yrs
Steven Fried
Vice President of Compliance
- Tenure: 5.1yrs
Board Members
M. McEvoy (68yo)
Independent Lead Director
- Tenure: 1.5yrs
- Compensation: US$340.00k
Bill Reid (69yo)
Director
- Tenure: 2.2yrs
- Compensation: US$360.00k
David A. Brown (75yo)
Independent Director
- Tenure: 25yrs
- Compensation: US$370.00k
Richard Hamm (59yo)
Independent Director
- Tenure: 21.5yrs
- Compensation: US$370.00k
Tony Guzzi (55yo)
Chairman
- Tenure: 8.9yrs
- Compensation: US$10.05m
Leo Laidley (72yo)
Independent Director
- Tenure: 11yrs
- Compensation: US$365.00k
John Altmeyer (59yo)
Independent Director
- Tenure: 5.2yrs
- Compensation: US$370.00k
Carol Lowe (53yo)
Independent Director
- Tenure: 2.5yrs
- Compensation: US$365.00k
Robin Walker-Lee (65yo)
Independent Director
- Tenure: 1yrs
- Compensation: US$90.00k
Steve Schwarzwaelder (64yo)
Independent Director
- Tenure: 4.2yrs
- Compensation: US$365.00k
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:
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: US$4.840b
- Shares outstanding: 56.15m
- Website: https://www.emcorgroup.com
Number of Employees
Location
- EMCOR Group, Inc.
- 301 Merritt Seven
- Norwalk
- Connecticut
- 6851
- United States
Listings
| 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 |
Biography
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 | 2019/12/08 23:34 |
| End of Day Share Price | 2019/12/06 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.