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MasTec

NYSE:MTZ
Snowflake Description

Adequate balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MTZ
NYSE
$3B
Market Cap
  1. Home
  2. US
  3. Capital Goods
Company description

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. The last earnings update was 18 days ago. More info.


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MTZ Share Price and Events
7 Day Returns
-2.9%
NYSE:MTZ
-1.9%
US Construction
-0.7%
US Market
1 Year Returns
-8.3%
NYSE:MTZ
-8.7%
US Construction
3%
US Market
MTZ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
MasTec (MTZ) -2.9% -10.7% 5.9% -8.3% 107.5% 19.8%
US Construction -1.9% -4.8% 1.7% -8.7% 18.4% 0.6%
US Market -0.7% -2% 2.4% 3% 39.2% 42%
1 Year Return vs Industry and Market
  • MTZ underperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
MTZ
Industry
5yr Volatility vs Market

MTZ Value

 Is MasTec undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of MasTec to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for MasTec.

NYSE:MTZ Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 10 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.7%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:MTZ
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Construction Unlevered Beta Simply Wall St/ S&P Global 1.06
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.06 (1 + (1- 21%) (53.34%))
1.339
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.34
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.339 * 5.96%)
10.71%

Discounted Cash Flow Calculation for NYSE:MTZ using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for MasTec is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NYSE:MTZ DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.71%)
2019 376.83 Analyst x3 340.37
2020 410.83 Analyst x4 335.18
2021 430.30 Analyst x2 317.10
2022 447.78 Est @ 4.06% 298.05
2023 464.17 Est @ 3.66% 279.07
2024 479.87 Est @ 3.38% 260.60
2025 495.17 Est @ 3.19% 242.88
2026 510.27 Est @ 3.05% 226.07
2027 525.34 Est @ 2.95% 210.23
2028 540.50 Est @ 2.89% 195.37
Present value of next 10 years cash flows $2,704.92
NYSE:MTZ DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $540.50 × (1 + 2.73%) ÷ (10.71% – 2.73%)
$6,956.67
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $6,956.67 ÷ (1 + 10.71%)10
$2,514.58
NYSE:MTZ Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $2,704.92 + $2,514.58
$5,219.50
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $5,219.50 / 75.12
$69.48
NYSE:MTZ Discount to Share Price
Calculation Result
Value per share (USD) From above. $69.48
Current discount Discount to share price of $46.32
= -1 x ($46.32 - $69.48) / $69.48
33.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price MasTec is available for.
Intrinsic value
33%
Share price is $46.32 vs Future cash flow value of $69.48
Current Discount Checks
For MasTec to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • MasTec's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • MasTec's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for MasTec's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are MasTec's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:MTZ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $3.58
NYSE:MTZ Share Price ** NYSE (2019-05-17) in USD $46.32
United States of America Construction Industry PE Ratio Median Figure of 27 Publicly-Listed Construction Companies 16.1x
United States of America Market PE Ratio Median Figure of 3,088 Publicly-Listed Companies 17.89x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of MasTec.

NYSE:MTZ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:MTZ Share Price ÷ EPS (both in USD)

= 46.32 ÷ 3.58

12.94x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MasTec is good value based on earnings compared to the US Construction industry average.
  • MasTec is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does MasTec's expected growth come at a high price?
Raw Data
NYSE:MTZ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.94x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts
10.4%per year
United States of America Construction Industry PEG Ratio Median Figure of 23 Publicly-Listed Construction Companies 1.12x
United States of America Market PEG Ratio Median Figure of 2,117 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

NYSE:MTZ PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 12.94x ÷ 10.4%

1.25x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MasTec is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on MasTec's assets?
Raw Data
NYSE:MTZ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $19.07
NYSE:MTZ Share Price * NYSE (2019-05-17) in USD $46.32
United States of America Construction Industry PB Ratio Median Figure of 34 Publicly-Listed Construction Companies 1.79x
United States of America Market PB Ratio Median Figure of 5,195 Publicly-Listed Companies 1.83x
NYSE:MTZ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:MTZ Share Price ÷ Book Value per Share (both in USD)

= 46.32 ÷ 19.07

2.43x

* Primary Listing of MasTec.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MasTec is overvalued based on assets compared to the US Construction industry average.
X
Value checks
We assess MasTec's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Construction industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Construction industry average (and greater than 0)? (1 check)
  5. MasTec has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MTZ Future Performance

 How is MasTec expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is MasTec expected to grow at an attractive rate?
  • MasTec's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • MasTec's earnings growth is positive but not above the United States of America market average.
  • MasTec's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:MTZ Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:MTZ Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts 10.4%
NYSE:MTZ Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts 4.9%
United States of America Construction Industry Earnings Growth Rate Market Cap Weighted Average 25.4%
United States of America Construction Industry Revenue Growth Rate Market Cap Weighted Average 4.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:MTZ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:MTZ Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 8,094 676 386 2
2020-12-31 8,140 607 377 9
2019-12-31 7,640 544 336 10
NYSE:MTZ Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 7,031 400 276
2018-12-31 6,909 530 260
2018-09-30 6,595 17 389
2018-06-30 6,573 280 332
2018-03-31 6,846 73 333
2017-12-31 6,607 144 347
2017-09-30 6,346 245 240
2017-06-30 5,976 77 233
2017-03-31 5,319 344 175
2016-12-31 5,135 206 131
2016-09-30 4,820 234 1
2016-06-30 4,345 235 -48

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • MasTec's earnings are expected to grow by 10.4% yearly, however this is not considered high growth (20% yearly).
  • MasTec's revenue is expected to grow by 4.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:MTZ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below

All data from MasTec Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:MTZ Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 5.16 5.27 5.05 2.00
2020-12-31 4.98 5.26 4.62 9.00
2019-12-31 4.44 4.55 4.40 8.00
NYSE:MTZ Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 3.58
2018-12-31 3.30
2018-09-30 4.87
2018-06-30 4.12
2018-03-31 4.11
2017-12-31 4.29
2017-09-30 2.97
2017-06-30 2.88
2017-03-31 2.17
2016-12-31 1.63
2016-09-30 0.01
2016-06-30 -0.60

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • MasTec is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess MasTec's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
MasTec has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MTZ Past Performance

  How has MasTec performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare MasTec's growth in the last year to its industry (Construction).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • MasTec has delivered over 20% year on year earnings growth in the past 5 years.
  • MasTec's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • MasTec's 1-year earnings growth is negative, it can't be compared to the US Construction industry average.
Earnings and Revenue History
MasTec's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from MasTec Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:MTZ Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 7,030.92 276.21 296.27
2018-12-31 6,909.42 259.66 287.28
2018-09-30 6,594.73 388.54 284.04
2018-06-30 6,573.25 331.63 270.12
2018-03-31 6,845.63 332.80 273.34
2017-12-31 6,606.98 347.21 274.50
2017-09-30 6,346.01 239.98 266.90
2017-06-30 5,976.44 232.51 262.84
2017-03-31 5,318.66 174.93 257.97
2016-12-31 5,134.70 131.26 249.13
2016-09-30 4,820.24 0.91 243.06
2016-06-30 4,345.06 -47.75 243.33
2016-03-31 4,179.29 -75.54 238.83
2015-12-31 4,208.33 -79.11 248.11
2015-09-30 4,412.17 24.63 254.83
2015-06-30 4,616.65 66.32 252.12
2015-03-31 4,657.25 103.89 244.91
2014-12-31 4,611.80 122.38 233.01
2014-09-30 4,539.67 138.19 222.80
2014-06-30 4,493.57 138.76 220.28
2014-03-31 4,363.96 140.31 217.94
2013-12-31 4,324.79 147.41 213.50
2013-09-30 4,098.02 142.30 196.79
2013-06-30 3,895.93 128.53 181.93
2013-03-31 3,907.18 124.27 168.41
2012-12-31 3,726.79 116.65 156.82
2012-09-30 3,526.05 85.95 151.45
2012-06-30 3,274.98 80.68 144.11

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • MasTec has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • MasTec used its assets more efficiently than the US Construction industry average last year based on Return on Assets.
  • MasTec has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess MasTec's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Construction industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
MasTec has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MTZ Health

 How is MasTec's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up MasTec's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • MasTec is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • MasTec's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of MasTec's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from MasTec Company Filings, last reported 1 month ago.

NYSE:MTZ Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 1,433.73 1,855.90 43.19
2018-12-31 1,392.02 1,406.88 27.42
2018-09-30 1,489.82 1,772.32 68.48
2018-06-30 1,430.40 1,617.19 20.68
2018-03-31 1,374.20 1,430.11 40.24
2017-12-31 1,433.35 1,368.57 40.33
2017-09-30 1,303.05 1,278.86 43.82
2017-06-30 1,233.16 1,389.26 18.23
2017-03-31 1,147.81 956.06 15.69
2016-12-31 1,103.63 1,025.98 38.77
2016-09-30 1,029.58 1,016.75 9.43
2016-06-30 970.22 1,068.81 8.76
2016-03-31 943.86 1,012.78 3.89
2015-12-31 943.39 1,010.27 4.98
2015-09-30 1,024.48 1,177.41 7.15
2015-06-30 1,027.15 1,215.15 4.76
2015-03-31 1,033.48 1,152.95 28.69
2014-12-31 1,148.08 1,134.79 24.06
2014-09-30 1,128.89 1,160.09 7.07
2014-06-30 1,091.31 1,165.58 15.92
2014-03-31 1,036.85 894.28 9.26
2013-12-31 1,021.06 816.80 22.93
2013-09-30 979.09 833.26 2.85
2013-06-30 920.31 856.40 13.30
2013-03-31 885.66 734.67 109.25
2012-12-31 861.88 598.92 26.38
2012-09-30 815.97 453.00 10.47
2012-06-30 815.67 509.85 16.81
  • MasTec's level of debt (129.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (86.5% vs 129.4% today).
  • Debt is well covered by operating cash flow (21.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5.7x coverage).
X
Financial health checks
We assess MasTec's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. MasTec has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MTZ Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from MasTec dividends. Estimated to be 0% next year.
If you bought $2,000 of MasTec shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate MasTec's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate MasTec's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:MTZ Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
United States of America Construction Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 1.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2000 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:MTZ Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.00 1.00
2020-12-31 0.00 2.00
2019-12-31 0.00 2.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as MasTec has not reported any payouts.
  • Unable to verify if MasTec's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of MasTec's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as MasTec has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of MasTec's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess MasTec's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can MasTec afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. MasTec has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MTZ Management

 What is the CEO of MasTec's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
José Mas
COMPENSATION $7,275,847
AGE 47
TENURE AS CEO 12.1 years
CEO Bio

Mr. José Ramon Mas Helmerich & Payne, Inc., since March 1, 2017. Mr. José Ramon Mas has been a Director of Pensare Acquisition Corp. since July 27, 2017. He has served as a director and Chief Executive Officer of MasTec since April 2007. MasTec is a leading infrastructure construction company operating mainly throughout North America across a range of industries. Mr. Mas serves as the Chief Executive officer since April 2007 and President of MasTec North America, Inc. He joined MasTec, Inc. in 1992. He served as an Executive Vice President of Business Development at MasTec, Inc., from August 2001 to March 2007 and served as its President from April 2007 to January 2010. He served as Vice President of MasTec Inc., since August 2001 and served in a number of capacities at operating level with Mastec Inc. since 1991. He served as President of one of Mastec's service offerings from May 1999 to August 2001. He served as an Executive Vice President of Business Development at Burnup & Sims Inc., since August 2001. He served as the Vice Chairman of the Board at MasTec Inc., from August 2001 to March 2007. Mr. Mas served as President of MasTec Inc. from April 2007 to January 2010. From 1999 until 2001 Mr. Mas was head of MasTec’s Communications Service Operation. He served as a Vice Chairman of Burnup & Sims Inc., since August 2001. He has been a Director of MasTec, Inc., since August 2001. He served as a Director of Neff Rental LLC since 1997; Neff Rental Inc. since 1997; Burnup & Sims Inc., since August 2001 and Neff Corporation since 1995. He serves as a Director of United States Hispanic Chamber of Commerce. Mr. Mas was awarded the Ernst & Young National Entrepreneur of the year award in 2011 and in 2012. He is a Director of the Mas Family Foundation and an active supporter of various children's and religious charities. Mr. Mas is a Graduate of the University of Miami, where he obtained a Bachelor's of Business Administration and a Master of Business Administration. Because of his service as a chief executive officer and Director of a publicly traded corporation, he can provide the Board and the Company with meaningful knowledge and perspective on a wide variety of matters.

CEO Compensation
  • José's compensation has been consistent with company performance over the past year.
  • José's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the MasTec management team in years:

12.1
Average Tenure
52.5
Average Age
  • The average tenure for the MasTec management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

José Mas

TITLE
CEO & Director
COMPENSATION
$7M
AGE
47
TENURE
12.1 yrs

George Pita

TITLE
Executive VP & CFO
COMPENSATION
$3M
AGE
56
TENURE
5.3 yrs

Robert Apple

TITLE
Chief Operating Officer
COMPENSATION
$3M
AGE
68
TENURE
12.4 yrs

Alberto de Cardenas

TITLE
Executive VP
COMPENSATION
$2M
AGE
49
TENURE
13.5 yrs

J. Lewis

TITLE
Vice President of Investor Relations

Gary Smith

TITLE
Senior Vice President of Communications Group

Pablo Alvarez

TITLE
Executive Vice President of Mergers & Acquisitions

Paul Dimarco

TITLE
Senior VP & Treasurer
TENURE
8.2 yrs
Board of Directors Tenure

Average tenure and age of the MasTec board of directors in years:

15.9
Average Tenure
62.5
Average Age
  • The average tenure for the MasTec board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Jorge Mas

TITLE
Chairman
COMPENSATION
$4M
AGE
55
TENURE
21.3 yrs

José Mas

TITLE
CEO & Director
COMPENSATION
$7M
AGE
47
TENURE
17.8 yrs

Jos Sorzano

TITLE
Independent Director
COMPENSATION
$230K
AGE
77
TENURE
23.6 yrs

Julia Johnson

TITLE
Independent Director
COMPENSATION
$225K
AGE
55
TENURE
17.3 yrs

Robert Dwyer

TITLE
Independent Director
COMPENSATION
$265K
AGE
73
TENURE
14.6 yrs

Bob Campbell

TITLE
Director
COMPENSATION
$220K
AGE
73
TENURE
2.7 yrs

Ernest Csiszar

TITLE
Independent Director
COMPENSATION
$220K
AGE
68
TENURE
13.6 yrs

Javier Palomarez

TITLE
Director
COMPENSATION
$220K
AGE
57
TENURE
3.4 yrs
Who owns this company?
Recent Insider Trading
  • MasTec insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
10. May 19 Sell Robert Dwyer Individual 06. May 19 06. May 19 -10,000 $51.66 $-516,632
X
Management checks
We assess MasTec's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. MasTec has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MTZ News

Simply Wall St News

Is MasTec, Inc.'s (NYSE:MTZ) Balance Sheet Strong Enough To Weather A Storm?

Additionally, MTZ has produced cash from operations of US$400m over the same time period, leading to an operating cash to total debt ratio of 22%, signalling that MTZ’s operating cash is sufficient to cover its debt. … Looking at MTZ’s US$1.3b in current liabilities, it seems that the business has been able to meet these obligations given the level of current assets of US$2.3b, with a current ratio of 1.79x. … Next Steps: Although MTZ’s debt level is towards the higher end of the spectrum, its cash flow coverage seems adequate to meet obligations which means its debt is being efficiently utilised.

Simply Wall St -

Is MasTec, Inc. (NYSE:MTZ) A Financially Sound Company?

(NYSE:MTZ) with its market cap of US$3.9b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … since poor capital management may bring about bankruptcies,

Simply Wall St -

Is MasTec, Inc.'s (NYSE:MTZ) P/E Ratio Really That Good?

To keep it practical, we'll show how MasTec, Inc.'s (NYSE:MTZ) P/E ratio could help you assess the value on offer. … Looking at earnings over the last twelve months, MasTec has a P/E ratio of 15.72. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

What Kind Of Share Price Volatility Should You Expect For MasTec, Inc. (NYSE:MTZ)?

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful. … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

Simply Wall St -

MasTec, Inc. (NYSE:MTZ): Will The Growth Last?

In December 2018, MasTec, Inc. … (NYSE:MTZ) released its most recent earnings announcement, whicha … revealed

Simply Wall St -

Why MasTec, Inc.'s (NYSE:MTZ) CEO Pay Matters To You

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does José Mas's Compensation Compare With Similar Sized Companies. … is worth US$3.4b, and total annual CEO compensation is US$6.8m.

Simply Wall St -

Will MasTec, Inc.'s (NYSE:MTZ) Earnings Grow Over The Next Year?

(NYSE:MTZ) announced its earnings release on 31 December 2018, … it seems that analyst forecasts are fairly optimistic, … with profits predicted to increase by 24% next year,

Simply Wall St -

Shareholders Are Thrilled That The MasTec Share Price Increased 153%

(NYSE:MTZ) share price has soared 153% in the last three years. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During three years of share price growth, MasTec moved from a loss to profitability.

Simply Wall St -

Estimating The Intrinsic Value Of MasTec, Inc. (NYSE:MTZ)

by taking the expected future cash flows and discounting them to their present value. … discounted cash flows (DCF) … If you want to learn more about discounted cash flow, the basis for my calcs can be read in detail in the Simply Wall St analysis model.

Simply Wall St -

Is There More To MasTec, Inc. (NYSE:MTZ) Than Its 11%Returns On Capital?

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

MTZ Company Info

Description

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, Oil and Gas, Electrical Transmission, Power Generation and Industrial, 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; natural gas, crude oil, and refined product transport pipelines; electrical power generation, transmission, and distribution systems; power generation infrastructure, such as renewable energy; heavy industrial plants; compressor and pump stations, and treatment plants; water and sewer infrastructure; and other civil construction infrastructure. It also installs electrical and other energy distribution and transmission systems, power generation facilities, buried and aerial fiber optic and other cables, and satellite dishes, as well as home automation and energy management solutions. In addition, the company offers maintenance and upgrade support services comprising maintenance of customers’ distribution facilities, networks, and infrastructure, including natural gas and petroleum pipeline, communications, electrical distribution and transmission, power generation, and heavy civil infrastructure; emergency services for accidents or storm damage; and routine replacements and upgrades to overhauls. Its customers include public and private energy providers, pipeline operators, wireless and wireline/fiber service providers, broadband operators, install-to-the-home service providers, and government entities. The company was founded in 1929 and is headquartered in Coral Gables, Florida.

Details
Name: MasTec, Inc.
MTZ
Exchange: NYSE
Founded: 1929
$3,479,711,117
75,123,297
Website: http://www.mastec.com
Address: MasTec, Inc.
800 South Douglas Road,
12th Floor,
Coral Gables,
Florida, 33134,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE MTZ Common Stock New York Stock Exchange US USD 14. Mar 1994
DB MY8 Common Stock Deutsche Boerse AG DE EUR 14. Mar 1994
Number of employees
Current staff
Staff numbers
19,500
MasTec employees.
Industry
Construction and Engineering
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 01:36
End of day share price update: 2019/05/17 00:00
Last estimates confirmation: 2019/05/07
Last earnings filing: 2019/05/02
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.