Quanta Services
Market Cap
US$5.6b
Last Updated
2019/10/15 23:41 UTC
Data Sources
Company Financials +
Executive Summary
Quanta Services, Inc. provides specialty contracting services in the United States, Canada, Australia, Latin America, and internationally.
Snowflake
Fundamentals
Good value with moderate growth potential.
Similar Companies
Share Price & News
How has Quanta Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
6.0%
PWR
4.8%
US Construction
3.4%
US Market
1 Year Return
19.9%
PWR
3.3%
US Construction
5.4%
US Market
Return vs Industry: PWR exceeded the US Construction industry which returned 3.3% over the past year.
Return vs Market: PWR exceeded the US Market which returned 5.4% over the past year.
Shareholder returns
| PWR | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.0% | 4.8% | 3.4% |
| 30 Day | 3.1% | -0.07% | -1.0% |
| 90 Day | 3.6% | 0.9% | -0.4% |
| 1 Year | 20.4%19.9% | 4.1%3.3% | 7.7%5.4% |
| 3 Year | 41.4%40.7% | 24.2%21.4% | 46.2%36.8% |
| 5 Year | 20.8%20.3% | 22.6%18.4% | 65.6%47.5% |
Price Volatility Vs. Market
How volatile is Quanta Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
An Intrinsic Calculation For Quanta Services, Inc. (NYSE:PWR) Suggests It's 49% Undervalued1 week ago | Simply Wall St
Don't Sell Quanta Services, Inc. (NYSE:PWR) Before You Read This3 weeks ago | Simply Wall St
Is It Too Late To Consider Buying Quanta Services, Inc. (NYSE:PWR)?Valuation
Is Quanta Services undervalued compared to its fair value and its price relative to the market?
48.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: PWR ($39.28) is trading below our estimate of fair value ($75.55)
Significantly Undervalued: PWR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PWR is poor value based on its PE Ratio (17.7x) compared to the Construction industry average (17.2x).
PE vs Market: PWR is poor value based on its PE Ratio (17.7x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
Low PEG Ratio: PWR is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: PWR is good value based on its PB Ratio (1.5x) compared to the US Construction industry average (1.7x).
Next Steps
Future Growth
How is Quanta Services forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
21.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PWR's forecast earnings growth (21.2% per year) is above the savings rate (2.7%).
Earnings vs Market: PWR's earnings (21.2% per year) are forecast to grow faster than the US market (14.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PWR's revenue (7.2% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: PWR's revenue (7.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if PWR's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Quanta Services performed over the past 5 years?
6.6%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: PWR's earnings have grown by 6.6% per year over the past 5 years.
Accelerating Growth: PWR's earnings growth over the past year (4.6%) is below its 5-year average (6.6% per year).
Earnings vs Industry: PWR earnings growth over the past year (4.6%) exceeded the Construction industry 2.6%.
Return on Equity
High ROE: PWR's Return on Equity (8.8%) is considered low.
Return on Assets
ROA vs Industry: PWR's Return on Assets is below or equal to the Construction industry average last year.
Return on Capital Employed
ROCE Improving: PWR has significantly improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Quanta Services's financial position?
Financial Position Analysis
Short Term Liabilities: PWR's short term assets ($3.8B) exceeds its short term liabilities ($1.9B)
Long Term Liabilities: PWR's short term assets (3.8B) exceeds its long term liabilities (2.3B)
Debt to Equity History and Analysis
Debt Level: PWR's debt to equity ratio (41.5%) is considered high
Reducing Debt: PWR's debt to equity ratio has increased from 0.1% to 41.5% over the past 5 years.
Debt Coverage: PWR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PWR's interest payments on its debt are well covered by EBIT (13.1x coverage).
Balance Sheet
Inventory Level: PWR has a high level of physical assets or inventory.
Debt Coverage by Assets: PWR's debt is covered by short term assets (assets are 2.392870x debt).
Next Steps
Dividend
What is Quanta Services's current dividend yield, its reliability and sustainability?
0.41%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: PWR's dividend (0.41%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: PWR's dividend (0.41%) is low compared to the top 25% of dividend payers in the US market (3.77%).
Stable Dividend: PWR is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: PWR 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: PWR is not paying a notable dividend for .
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PWR'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 Quanta Services's salary, the management and board of directors tenure and is there insider trading?
3.2yrs
Average management tenure
CEO
Duke Austin (49yo)
3.6yrs
Tenure
US$8,808,204
Compensation
Mr. Earl C. Austin, Jr., also known as Duke, has been the Chief Operating Officer of Quanta Services, Inc. since January 1, 2013. Mr. Austin has been Director, President and Chief Executive Officer at Quan ...
CEO Compensation Analysis
Compensation vs. Market: Duke's total compensation ($USD8.81M) is about average for companies of similar size in the US market ($USD6.81M).
Compensation vs Earnings: Duke's compensation has been consistent with company performance over the past year.
Management Age and Tenure
3.2yrs
Average Tenure
53.5yo
Average Age
Experienced Management: PWR's management team is considered experienced (3.2 years average tenure).
Board Age and Tenure
12.2yrs
Average Tenure
62yo
Average Age
Experienced Board: PWR's board of directors are seasoned and experienced ( 12.2 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 234 |
| Max Price | US$40.23 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 4,000 |
| Max Price | US$36.63 |
| Entity | Individual |
| Role | Chief Legal Officer Executive VP & General Counsel |
| Shares | 1,295 |
| Max Price | US$36.09 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 9,000 |
| Max Price | US$29.99 |
| Entity | Individual |
| Role | Chief Financial Officer Chief Financial Officer |
| Shares | 8,560 |
| Max Price | US$29.75 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 25,500 |
| Max Price | US$29.40 |
Ownership Breakdown
Management Team
Derrick Jensen (48yo)
Chief Financial Officer
- Tenure: 7.4yrs
- Compensation: US$3.72m
Donald Wayne (52yo)
Executive VP & General Counsel
- Tenure: 2.4yrs
- Compensation: US$2.63m
Nicholas Grindstaff (56yo)
VP of Finance & Treasurer
- Tenure: 20yrs
- Compensation: US$722.71k
Kip Rupp
Vice President of Investor Relations
- Tenure: 8.3yrs
Jerry Lemon (59yo)
Chief Accounting Officer
- Tenure: 2.4yrs
Carolyn Campbell (57yo)
Corporate Secretary
- Tenure: 0yrs
Paul Gregory (55yo)
President of Pipeline & Industrial Division and Chief Strategy Officer
- Tenure: 2.8yrs
- Compensation: US$4.93m
Duke Austin (49yo)
President
- Tenure: 3.6yrs
- Compensation: US$8.81m
Redgie Probst (42yo)
President of Electric Power Division
- Tenure: 0.6yrs
Board Members
Margaret Shannon (70yo)
Independent Director
- Tenure: 6.8yrs
- Compensation: US$273.69k
Vince Foster (62yo)
Independent Director
- Tenure: 21.8yrs
- Compensation: US$263.69k
David McClanahan (70yo)
Independent Chairman
- Tenure: 2.4yrs
- Compensation: US$419.72k
Bernard Fried (62yo)
Independent Director
- Tenure: 15.6yrs
- Compensation: US$278.69k
Worthing Jackman (55yo)
Independent Director
- Tenure: 14.4yrs
- Compensation: US$283.69k
Pat Wood (56yo)
Independent Director
- Tenure: 13.4yrs
- Compensation: US$258.69k
John Conaway (70yo)
Independent Director
- Tenure: 12.2yrs
- Compensation: US$273.69k
Doyle Beneby (60yo)
Independent Director
- Tenure: 3.6yrs
- Compensation: US$258.69k
Duke Austin (49yo)
President
- Tenure: 3.6yrs
- Compensation: US$8.81m
Company Information
Quanta Services, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Quanta Services, Inc.
- Ticker: PWR
- Exchange: NYSE
- Founded: 1997
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: US$5.586b
- Shares outstanding: 142.22m
- Website: https://www.quantaservices.com
Number of Employees
Location
- Quanta Services, Inc.
- 2800 Post Oak Boulevard
- Suite 2600
- Houston
- Texas
- 77056
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PWR | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Feb 1998 |
| QAA | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Feb 1998 |
| 0KSR | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Feb 1998 |
Biography
Quanta Services, Inc. provides specialty contracting services in the United States, Canada, Australia, Latin America, and internationally. Its Electric Power Infrastructure Services segment designs, instal ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/15 23:41 |
| End of Day Share Price | 2019/10/15 00:00 |
| Earnings | 2019/06/30 |
| 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.