MTZ

MasTecNYSE:MTZ Stock Report

Market Cap

US$6.5b

7D

0.9%

1Y

106.2%

Updated

18 Sep, 2021

Data

Company Financials +
MTZ fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance3/6
Financial Health5/6
Dividends0/6

MTZ Overview

MasTec, Inc., an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada.

MasTec Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MasTec
Historical stock prices
Current Share PriceUS$89.61
52 Week HighUS$40.18
52 Week LowUS$122.33
Beta1.29
1 Month Change0.95%
3 Month Change-10.58%
1 Year Change106.19%
3 Year Change95.66%
5 Year Change213.87%
Change since IPO2,220.84%

Recent News & Updates

Aug 18
Here's Why I Think MasTec (NYSE:MTZ) Is An Interesting Stock

Here's Why I Think MasTec (NYSE:MTZ) Is An Interesting Stock

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Jul 24
Should You Think About Buying MasTec, Inc. (NYSE:MTZ) Now?

Should You Think About Buying MasTec, Inc. (NYSE:MTZ) Now?

MasTec, Inc. ( NYSE:MTZ ), is not the largest company out there, but it saw significant share price movement during...

Jul 11
Is MasTec (NYSE:MTZ) A Risky Investment?

Is MasTec (NYSE:MTZ) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Jun 28
MasTec's (NYSE:MTZ) Returns On Capital Are Heading Higher

MasTec's (NYSE:MTZ) Returns On Capital Are Heading Higher

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Shareholder Returns

MTZUS ConstructionUS Market
7D0.9%0.5%-0.6%
1Y106.2%76.3%33.8%

Return vs Industry: MTZ exceeded the US Construction industry which returned 76.3% over the past year.

Return vs Market: MTZ exceeded the US Market which returned 33.8% over the past year.

Price Volatility

Is MTZ's price volatile compared to industry and market?
MTZ volatility
MTZ Beta1.29
Industry Beta1.31
Market Beta1

Stable Share Price: MTZ is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: MTZ's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
192926,000Jose Mashttps://www.mastec.com

MasTec, Inc., an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada. It operates through five segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Electrical Transmission, and Other. The company builds underground and overhead distribution systems, including trenches, conduits, cell towers, cable, and power lines, which provide wireless and wireline/fiber communications; clean energy infrastructure comprising renewable energy; natural gas, crude oil, and refined product transport pipelines; electrical power generation, transmission, and distribution systems; heavy industrial plants; compressor and pump stations, and treatment plants; water and sewer infrastructure, including water pipelines; and other civil construction infrastructure.

Valuation

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

27.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MTZ ($89.61) is trading below our estimate of fair value ($123.61)

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


Price To Earnings Ratio

PE vs Industry: MTZ is good value based on its PE Ratio (17.5x) compared to the US Construction industry average (26.5x).

PE vs Market: MTZ is good value based on its PE Ratio (17.5x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: MTZ is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: MTZ is overvalued based on its PB Ratio (3x) compared to the US Construction industry average (2.2x).


Future Growth

How is MasTec forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

13.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MTZ's forecast earnings growth (13.6% per year) is above the savings rate (2%).

Earnings vs Market: MTZ's earnings (13.6% per year) are forecast to grow slower than the US market (14.9% per year).

High Growth Earnings: MTZ's earnings are forecast to grow, but not significantly.

Revenue vs Market: MTZ's revenue (7% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: MTZ's revenue (7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MTZ's Return on Equity is forecast to be low in 3 years time (17.8%).


Past Performance

How has MasTec performed over the past 5 years?

20.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MTZ has high quality earnings.

Growing Profit Margin: MTZ's current net profit margins (5.2%) are higher than last year (4.8%).


Past Earnings Growth Analysis

Earnings Trend: MTZ has become profitable over the past 5 years, growing earnings by 20.7% per year.

Accelerating Growth: MTZ's earnings growth over the past year (14.9%) is below its 5-year average (20.7% per year).

Earnings vs Industry: MTZ earnings growth over the past year (14.9%) underperformed the Construction industry 44.1%.


Return on Equity

High ROE: MTZ's Return on Equity (17.2%) is considered low.


Financial Health

How is MasTec's financial position?


Financial Position Analysis

Short Term Liabilities: MTZ's short term assets ($2.4B) exceed its short term liabilities ($1.6B).

Long Term Liabilities: MTZ's short term assets ($2.4B) exceed its long term liabilities ($2.1B).


Debt to Equity History and Analysis

Debt Level: MTZ's debt to equity ratio (58.8%) is considered high.

Reducing Debt: MTZ's debt to equity ratio has reduced from 110% to 58.8% over the past 5 years.

Debt Coverage: MTZ's debt is well covered by operating cash flow (64.5%).

Interest Coverage: MTZ's interest payments on its debt are well covered by EBIT (9.4x coverage).


Balance Sheet


Dividend

What is MasTec current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate MTZ'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 MTZ's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MTZ'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 MTZ'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?

14.4yrs

Average management tenure


CEO

Jose Mas (50 yo)

14.42yrs

Tenure

US$8,842,829

Compensation

Mr. Jose Ramon Mas serves as an Independent Director at Helmerich & Payne, Inc., since March 1, 2017. Mr. Mas had been a Director of American Virtual Cloud Technologies, Inc. (Formerly known as Pensare Acq...


CEO Compensation Analysis

Compensation vs Market: Jose's total compensation ($USD8.84M) is above average for companies of similar size in the US market ($USD6.44M).

Compensation vs Earnings: Jose's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: MTZ's management team is seasoned and experienced (14.4 years average tenure).


Board Members

Experienced Board: MTZ's board of directors are seasoned and experienced ( 15.9 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

MasTec, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: MasTec, Inc.
  • Ticker: MTZ
  • Exchange: NYSE
  • Founded: 1929
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: US$6.492b
  • Shares outstanding: 72.45m
  • Website: https://www.mastec.com

Number of Employees


Location

  • MasTec, Inc.
  • 800 South Douglas Road
  • 10th Floor
  • Coral Gables
  • Florida
  • 33134
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 22:02
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.