NYSE:MTZ

Stock Analysis Report

Executive Summary

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.

Snowflake

Fundamentals

Excellent balance sheet with proven track record.


Similar Companies

Share Price & News

How has MasTec's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.2%

NYSE:MTZ

-0.4%

US Construction

0.2%

US Market


1 Year Return

40.9%

NYSE:MTZ

-13.6%

US Construction

-0.7%

US Market

MTZ outperformed the Construction industry which returned -12.8% over the past year.

MTZ outperformed the Market in United States of America which returned 0.3% over the past year.


Share holder returns

MTZIndustryMarket
7 Day-0.2%-0.4%0.2%
30 Day22.5%-8.0%-2.7%
90 Day28.9%-2.9%1.6%
1 Year40.9%40.9%-13.0%-13.6%1.6%-0.7%
3 Year97.6%97.6%7.1%4.9%40.0%30.9%
5 Year100.4%100.4%-1.9%-5.1%53.8%36.8%

Price Volatility Vs. Market

How volatile is MasTec's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

10%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

MasTec's share price is below the future cash flow value, but not at a moderate discount (< 20%).

MasTec's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

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

MasTec is poor value based on expected growth next year.


Price Based on Value of Assets

MasTec is overvalued based on assets compared to the US Construction industry average.


Next Steps

Future Growth

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

6.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

MasTec's revenue is expected to grow by 4.1% yearly, however this is not considered high growth (20% yearly).

MasTec's earnings are expected to grow by 6.2% yearly, however this is not considered high growth (20% yearly).

MasTec's revenue growth is positive but not above the United States of America market average.

MasTec's earnings growth is positive but not above the United States of America market average.

MasTec's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

MasTec is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has MasTec performed over the past 5 years?

36.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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.


Return on Equity

MasTec has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

MasTec used its assets more efficiently than the US Construction industry average last year based on Return on Assets.


Return on Capital Employed

MasTec has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is MasTec's financial position?


Financial Position Analysis

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.


Debt to Equity History and Analysis

MasTec's level of debt (71.2%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (106.8% vs 71.2% today).

Debt is well covered by operating cash flow (77.7%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 6.5x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.9x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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.

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

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.


Next Steps

Management

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

12.3yrs

Average management tenure


CEO

José Mas (48yo)

12.3yrs

Tenure

US$7,275,847

Compensation

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 Off ...


CEO Compensation Analysis

José's remuneration is higher than average for companies of similar size in United States of America.

José's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

12.3yrs

Average Tenure

53.5yo

Average Age

The average tenure for the MasTec management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

16.2yrs

Average Tenure

63.5yo

Average Age

The average tenure for the MasTec board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

MasTec individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$288,58007 Aug 19
C. Campbell
EntityIndividual
Role
Member of the Board of Directors
Director
Shares5,000
Max PriceUS$57.72
SellUS$516,63210 May 19
Robert Dwyer
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares10,000
Max PriceUS$51.66

Ownership Breakdown


Management Team

  • George Pita (57yo)

    Executive VP & CFO

    • Tenure: 5.6yrs
    • Compensation: US$2.76m
  • José Mas (48yo)

    CEO & Director

    • Tenure: 12.3yrs
    • Compensation: US$7.28m
  • J. Lewis

    Vice President of Investor Relations

    • Tenure: 0.0yrs
  • Alberto de Cardenas (50yo)

    Executive VP

    • Tenure: 13.8yrs
    • Compensation: US$1.66m
  • Gary Smith

    Senior Vice President of Communications Group

    • Tenure: 0.0yrs
  • Pablo Alvarez

    Executive Vice President of Mergers & Acquisitions

    • Tenure: 0.0yrs
  • Robert Apple (69yo)

    Chief Operating Officer

    • Tenure: 12.7yrs
    • Compensation: US$3.42m
  • Paul Dimarco

    Senior VP & Treasurer

    • Tenure: 8.4yrs

Board Members

  • Jorge Mas (56yo)

    Chairman

    • Tenure: 21.6yrs
    • Compensation: US$4.41m
  • Julia Johnson (56yo)

    Independent Director

    • Tenure: 17.5yrs
    • Compensation: US$225.00k
  • Jos Sorzano (78yo)

    Independent Director

    • Tenure: 23.8yrs
    • Compensation: US$230.00k
  • José Mas (48yo)

    CEO & Director

    • Tenure: 12.3yrs
    • Compensation: US$7.28m
  • Bob Campbell (74yo)

    Director

    • Tenure: 2.9yrs
    • Compensation: US$220.00k
  • Robert Dwyer (74yo)

    Independent Director

    • Tenure: 14.8yrs
    • Compensation: US$265.00k
  • Ernest Csiszar (69yo)

    Independent Director

    • Tenure: 13.8yrs
    • Compensation: US$220.00k
  • Javier Palomarez (58yo)

    Director

    • Tenure: 3.7yrs
    • Compensation: US$220.00k

Company Information

MasTec, Inc.'s company bio, 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$4.584b
  • Shares outstanding: 75.16m
  • Website: https://www.mastec.com

Number of Employees


Location

  • MasTec, Inc.
  • 800 South Douglas Road
  • 12th Floor
  • Coral Gables
  • Florida
  • 33134
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MTZNYSE (New York Stock Exchange)YesCommon StockUSUSDMar 1994
MY8DB (Deutsche Boerse AG)YesCommon StockDEEURMar 1994

Biography

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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 23:38
End of Day Share Price2019/08/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.