Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies worldwide.
Fair value with moderate growth potential.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TPC underperformed the US Construction industry which returned -24.7% over the past year.
Return vs Market: TPC underperformed the US Market which returned -11.5% over the past year.
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
4 days ago | Simply Wall StDoes Tutor Perini Corporation's (NYSE:TPC) CEO Salary Reflect Performance?
3 weeks ago | Simply Wall StShould You Be Worried About Insider Transactions At Tutor Perini Corporation (NYSE:TPC)?
1 month ago | Simply Wall StShould You Be Concerned About Tutor Perini Corporation's (NYSE:TPC) Historical Volatility?
Is Tutor Perini undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TPC ($6) is trading below our estimate of fair value ($20.85)
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 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 (0.2x) compared to the US Construction industry average (1.2x).
How is Tutor Perini forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
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 (1.7%).
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 (3.9% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: TPC's revenue (3.9% per year) is forecast to grow slower than 20% 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 (6.6%).
How has Tutor Perini performed over the past 5 years?
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 -40.8% 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 (23.5%).
Return on Equity
High ROE: TPC has a negative Return on Equity (-25.18%), as it is currently unprofitable.
How is Tutor Perini's financial position?
Financial Position Analysis
Short Term Liabilities: TPC's short term assets ($3.5B) exceed its short term liabilities ($2.1B).
Long Term Liabilities: TPC's short term assets ($3.5B) exceed its long term liabilities ($945.4M).
Debt to Equity History and Analysis
Debt Level: TPC's debt to equity ratio (58.3%) is considered high.
Reducing Debt: TPC's debt to equity ratio has reduced from 63.4% to 58.3% over the past 5 years.
Inventory Level: TPC has a low level of unsold assets or inventory.
Debt Coverage by Assets: TPC's debt is covered by short term assets (assets are 4.2x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: TPC has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: TPC has been profitable on average in the past, therefore cash runway is not a concern.
What is Tutor Perini's 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 payouts.
High Dividend: Unable to evaluate TPC's dividend yield against the top 25% of dividend payers, as the company has not reported any 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ronald Tutor (79yo)
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 ($USD23.49M) is above average for companies of similar size in the US market ($USD2.14M).
Compensation vs Earnings: Ronald's compensation has increased whilst the company is unprofitable.
|Chairman & CEO||20yrs||US$23.49m||16.26% $49.1m|
|Executive VP & CFO||4.5yrs||US$4.33m||0.045% $135.4k|
|Executive VP & General Counsel||1.58yrs||US$460.83k||no data|
|Chief Accounting Officer & VP||2.92yrs||no data||no data|
|Vice President of Investor Relations & Corporate Communications||no data||no data||no data|
|Executive Vice President||6.83yrs||US$1.56m||no data|
|Executive VP||no data||no data||no data|
|Senior VP & Chief Business Development Officer||no data||no data||no data|
|President and CEO of Building & Specialty Contractors Groups||0.50yr||no data||no data|
Experienced Management: TPC's management team is considered experienced (4.5 years average tenure).
|Chairman & CEO||20yrs||US$23.49m||16.26% $49.1m|
|Chairman||no data||US$813.55k||no data|
|Lead Independent Director||no data||US$269.30k||0.89% $2.7m|
|Independent Director||20yrs||US$238.70k||0.18% $543.5k|
|Independent Director||19.83yrs||US$242.30k||0.14% $428.6k|
|Independent Director||5.83yrs||US$265.10k||0.067% $202.2k|
|Independent Director||5.58yrs||US$248.70k||0.12% $360.9k|
|Independent Director||8.5yrs||US$238.70k||0.14% $414.4k|
Experienced Board: TPC's board of directors are considered experienced (7.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tutor Perini Corporation's company bio, employee growth, exchange listings and data sources
- Name: Tutor Perini Corporation
- Ticker: TPC
- Exchange: NYSE
- Founded: 1894
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: US$301.792m
- Shares outstanding: 50.30m
- Website: https://www.tutorperini.com
Number of Employees
- Tutor Perini Corporation
- 15901 Olden Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TPC||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1969|
|PE2||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1969|
Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies worldwide. The company operates through three segments: Civil, Building, and Specialty Contractors. The Civil segment engages in the public works construction, replacement, and reconstruction of infrastructure, including highways, bridges, tunnels, mass-transit systems, and water management and wastewater treatment facilities. This segment also provides drilling, foundation, and excavation support for shoring, bridges, piers, roads, and highway projects. The Building segment offers services in various specialized building markets, including hospitality and gaming, transportation, healthcare, commercial offices, government facilities, sports and entertainment, education, correctional facilities, biotech, pharmaceutical, and industrial and high-tech. The Specialty Contractors segment provides electrical, mechanical, plumbing, fire protection systems, and pneumatically placed concrete services, as well as heating, ventilation, and air conditioning services (HVAC) for the industrial, commercial, hospitality and gaming, and mass-transit end markets. It also offers general contracting, pre-construction planning, and project management services, including planning and scheduling of manpower, equipment, materials, and subcontractors; and self-performed construction services comprising site work, concrete forming and placement, steel erection, electrical, plumbing, HVAC, and mechanical. The company was formerly known as Perini Corporation and changed its name to Tutor Perini Corporation in 2009. Tutor Perini Corporation was founded in 1894 and is headquartered in Sylmar, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/29 01:45|
|End of Day Share Price||2020/03/27 00:00|
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.