NYSE:TPC

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Executive Summary

Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies worldwide. More Details


Snowflake Analysis

Fair value with moderate growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: TPC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: TPC's weekly volatility has decreased from 20% to 8% over the past year.


Market Performance


7 Day Return

-0.2%

TPC

1.1%

US Construction

-0.06%

US Market


1 Year Return

-8.5%

TPC

18.0%

US Construction

19.0%

US Market

Return vs Industry: TPC underperformed the US Construction industry which returned 16% over the past year.

Return vs Market: TPC underperformed the US Market which returned 19.1% over the past year.


Shareholder returns

TPCIndustryMarket
7 Day-0.2%1.1%-0.06%
30 Day4.6%11.0%4.4%
90 Day13.3%24.2%6.3%
1 Year-8.5%-8.5%18.7%18.0%21.7%19.0%
3 Year-38.4%-38.4%18.6%16.1%46.4%36.7%
5 Year-23.7%-23.7%63.3%57.5%91.0%69.9%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TPC ($13.81) is trading below our estimate of fair value ($33.22)

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


Price To Earnings Ratio

PE vs Industry: TPC is unprofitable, so we can't compare its PE Ratio to the US Construction industry average.

PE vs Market: TPC is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TPC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TPC is good value based on its PB Ratio (0.5x) compared to the US Construction industry average (2.1x).


Next Steps

Future Growth

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

34.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TPC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: TPC is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: TPC's is expected to become profitable in the next 3 years.

Revenue vs Market: TPC's revenue is expected to decline over the next 3 years (-0.2% per year).

High Growth Revenue: TPC's revenue is forecast to decline over the next 3 years (-0.2% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TPC's Return on Equity is forecast to be low in 3 years time (6.4%).


Next Steps

Past Performance

How has Tutor Perini performed over the past 5 years?

-47.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TPC is currently unprofitable.

Growing Profit Margin: TPC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TPC is unprofitable, and losses have increased over the past 5 years at a rate of 47.9% per year.

Accelerating Growth: Unable to compare TPC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TPC is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (15.3%).


Return on Equity

High ROE: TPC has a negative Return on Equity (1.99%), as it is currently unprofitable.


Next Steps

Financial Health

How is Tutor Perini's financial position?


Financial Position Analysis

Short Term Liabilities: TPC's short term assets ($4.1B) exceed its short term liabilities ($2.4B).

Long Term Liabilities: TPC's short term assets ($4.1B) exceed its long term liabilities ($1.2B).


Debt to Equity History and Analysis

Debt Level: TPC's debt to equity ratio (67.6%) is considered high.

Reducing Debt: TPC's debt to equity ratio has increased from 58.7% to 67.6% over the past 5 years.

Debt Coverage: TPC's debt is not well covered by operating cash flow (15.3%).

Interest Coverage: TPC is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Tutor Perini current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

5.5yrs

Average management tenure


CEO

Ronald Tutor (80 yo)

20.67yrs

Tenure

US$7,236,395

Compensation

Mr. Ronald N. Tutor serves as President of Black Construction Corporation. Mr. Tutor has been Chief Executive Officer of Tutor Perini Corporation since March 29, 2000. He was the Owner of Tutor-saliba Corp...


CEO Compensation Analysis

Compensation vs Market: Ronald's total compensation ($USD7.24M) is above average for companies of similar size in the US market ($USD2.60M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Ronald Tutor
Chairman & CEO20.67yrsUS$7.24m15.6%
$ 109.5m
James Frost
President5.75yrsUS$1.77m1.14%
$ 8.0m
Gary Smalley
Executive VP & CFO5.17yrsUS$3.85m0.25%
$ 1.7m
Wendy Hallgren
Executive VP & General Counsel2.25yrsUS$2.78mno data
Ryan Soroka
Chief Accounting Officer & VP3.58yrsno datano data
Jorge Casado
Vice President of Investor Relations & Corporate Communicationsno datano datano data
Craig Shaw
Executive Vice President7.5yrsUS$1.56mno data
William Palmer
Executive VP & Chief Business Development Officerno datano datano data
Robert Band
Chief Executive Officer of Perini Management Servicesno dataUS$813.55kno data
Martin Sisemore
Chief Executive Officer of Rudolph and Sletten Inc.no datano datano data
Roy Anderson
President & CEO of Roy Anderson Corpno datano datano data
W. Rogstad
CEO & President of Frontier-Kemper Constructors Incno datano datano data

5.5yrs

Average Tenure

62yo

Average Age

Experienced Management: TPC's management team is seasoned and experienced (5.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ronald Tutor
Chairman & CEO20.67yrsUS$7.24m15.6%
$ 109.5m
James Frost
President5.75yrsUS$1.77m1.14%
$ 8.0m
Sidney Feltenstein
Director7yrsUS$233.90k0.28%
$ 1.9m
Michael Klein
Lead Independent Director & Vice Chairman of the Boardno dataUS$356.70k1.23%
$ 8.7m
Raymond Oneglia
Independent Director20.67yrsUS$237.80k0.24%
$ 1.7m
Peter Arkley
Independent Director20.5yrsUS$252.00k0.17%
$ 1.2m
Dennis Oklak
Independent Director3.5yrsUS$289.20k0.079%
$ 555.8k
Michael Horodniceanu
Additional Independent Director2.5yrsUS$244.20k0.077%
$ 541.0k
Dale Reiss
Independent Director6.5yrsUS$264.20k0.10%
$ 706.3k
Robert Lieber
Independent Director6.25yrsUS$292.80k0.17%
$ 1.2m
Dickran Tevrizian
Independent Director9.17yrsUS$236.60k0.17%
$ 1.2m

6.8yrs

Average Tenure

72yo

Average Age

Experienced Board: TPC's board of directors are considered experienced (6.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: TPC insiders have only sold shares 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

Tutor Perini Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tutor Perini Corporation
  • Ticker: TPC
  • Exchange: NYSE
  • Founded: 1894
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: US$701.924m
  • Shares outstanding: 50.83m
  • Website: https://www.tutorperini.com

Number of Employees


Location

  • Tutor Perini Corporation
  • 15901 Olden Street
  • Sylmar
  • California
  • 91342
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TPCNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1969
PE2DB (Deutsche Boerse AG)YesCommon StockDEEURJan 1969

Biography

Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies worldwide. The compan...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 00:31
End of Day Share Price2020/11/23 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.