MasTec, Inc.

NYSE:MTZ Stock Report

Market Cap: US$10.8b

MasTec Valuation

Is MTZ undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MTZ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MTZ ($135.73) is trading below our estimate of fair value ($154.56)

Significantly Below Fair Value: MTZ is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MTZ?

Key metric: As MTZ is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for MTZ. This is calculated by dividing MTZ's market cap by their current earnings.
What is MTZ's PE Ratio?
PE Ratio119.1x
EarningsUS$88.80m
Market CapUS$10.79b

Price to Earnings Ratio vs Peers

How does MTZ's PE Ratio compare to its peers?

The above table shows the PE ratio for MTZ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.7x
FLR Fluor
33x17.5%US$8.7b
ACM AECOM
28.2x13.6%US$14.4b
FIX Comfort Systems USA
32.7x15.3%US$15.6b
STRL Sterling Infrastructure
28.7x11.0%US$5.4b
MTZ MasTec
119.1x36.8%US$10.8b

Price-To-Earnings vs Peers: MTZ is expensive based on its Price-To-Earnings Ratio (119.1x) compared to the peer average (30.7x).

Price to Earnings Ratio vs Industry

How does MTZ's PE Ratio compare vs other companies in the US Construction Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
MTZ 119.1xIndustry Avg. 32.7xNo. of Companies7PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MTZ is expensive based on its Price-To-Earnings Ratio (119.1x) compared to the US Construction industry average (33.3x).

Price to Earnings Ratio vs Fair Ratio

What is MTZ's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MTZ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio119.1x
Fair PE Ratio41.3x

Price-To-Earnings vs Fair Ratio: MTZ is expensive based on its Price-To-Earnings Ratio (119.1x) compared to the estimated Fair Price-To-Earnings Ratio (41.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst MTZ forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$135.73
US$154.43
+13.8%
11.5%US$189.00US$108.00n/a14
Dec ’25US$144.06
US$151.07
+4.9%
11.2%US$173.00US$108.00n/a14
Nov ’25US$130.00
US$136.92
+5.3%
12.8%US$160.00US$98.00n/a13
Oct ’25US$122.18
US$120.69
-1.2%
7.4%US$134.00US$98.00n/a13
Sep ’25US$113.13
US$120.69
+6.7%
7.4%US$134.00US$98.00n/a13
Aug ’25US$106.12
US$117.62
+10.8%
9.0%US$132.00US$93.00n/a13
Jul ’25US$103.00
US$116.23
+12.8%
9.5%US$132.00US$93.00n/a13
Jun ’25US$112.25
US$116.23
+3.5%
9.5%US$132.00US$93.00n/a13
May ’25US$88.42
US$98.15
+11.0%
7.0%US$106.00US$84.00n/a13
Apr ’25US$93.88
US$97.77
+4.1%
6.8%US$106.00US$84.00n/a13
Mar ’25US$84.85
US$75.00
-11.6%
18.0%US$92.00US$50.00n/a12
Feb ’25US$70.11
US$73.00
+4.1%
18.6%US$92.00US$50.00n/a12
Jan ’25US$75.72
US$67.00
-11.5%
19.1%US$89.00US$50.00n/a11
Dec ’24US$63.12
US$65.73
+4.1%
17.8%US$89.00US$50.00US$144.0611
Nov ’24US$48.98
US$80.40
+64.1%
24.3%US$119.00US$55.00US$130.0010
Oct ’24US$71.97
US$117.50
+63.3%
5.3%US$129.00US$103.00US$122.1810
Sep ’24US$99.47
US$118.64
+19.3%
5.9%US$130.00US$103.00US$113.1311
Aug ’24US$121.95
US$127.20
+4.3%
7.6%US$138.00US$110.00US$106.1210
Jul ’24US$117.97
US$121.30
+2.8%
7.8%US$138.00US$110.00US$103.0010
Jun ’24US$101.87
US$116.70
+14.6%
5.0%US$130.00US$110.00US$112.2510
May ’24US$87.45
US$113.90
+30.2%
6.6%US$125.00US$97.00US$88.4210
Apr ’24US$94.44
US$113.00
+19.7%
6.8%US$125.00US$97.00US$93.8811
Mar ’24US$101.11
US$112.09
+10.9%
6.0%US$121.00US$97.00US$84.8511
Feb ’24US$97.72
US$110.91
+13.5%
6.2%US$122.00US$97.00US$70.1111
Jan ’24US$85.33
US$108.18
+26.8%
6.5%US$120.00US$97.00US$75.7211
Dec ’23US$89.07
US$107.77
+21.0%
8.0%US$125.00US$96.50US$63.1211

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 09:19
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

MasTec, Inc. is covered by 33 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Justin HaukeBaird
Andrew WittmannBaird
Andrew KaplowitzBarclays