Valmont Industries, Inc. produces and sells fabricated metal products in the United States, Australia, Denmark, and internationally.
Proven track record with adequate balance sheet and pays a dividend.
Share Price & News
How has Valmont Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VMI's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: VMI exceeded the US Construction industry which returned -23.1% over the past year.
Return vs Market: VMI underperformed the US Market which returned -13.6% over the past year.
Price Volatility Vs. Market
How volatile is Valmont Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StValmont Industries, Inc. (NYSE:VMI) Pays A US$0.45 Dividend In Just 4 Days
3 weeks ago | Simply Wall StA Sliding Share Price Has Us Looking At Valmont Industries, Inc.'s (NYSE:VMI) P/E Ratio
3 weeks ago | Simply Wall StCould Valmont Industries, Inc. (NYSE:VMI) Have The Makings Of Another Dividend Aristocrat?
Is Valmont Industries 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: VMI ($107.57) is trading below our estimate of fair value ($162.2)
Significantly Below Fair Value: VMI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VMI is poor value based on its PE Ratio (15.2x) compared to the Construction industry average (11.5x).
PE vs Market: VMI is poor value based on its PE Ratio (15.2x) compared to the US market (12.9x).
Price to Earnings Growth Ratio
PEG Ratio: VMI is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: VMI is overvalued based on its PB Ratio (2.1x) compared to the US Construction industry average (1.3x).
How is Valmont Industries forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VMI's forecast earnings growth (8% per year) is above the savings rate (1.7%).
Earnings vs Market: VMI's earnings (8% per year) are forecast to grow slower than the US market (12.3% per year).
High Growth Earnings: VMI's earnings are forecast to grow, but not significantly.
Revenue vs Market: VMI's revenue (2.3% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: VMI's revenue (2.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if VMI's Return on Equity is forecast to be high in 3 years time
How has Valmont Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VMI has high quality earnings.
Growing Profit Margin: VMI's current net profit margins (5.6%) are higher than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: VMI's earnings have declined by -0.5% per year over the past 5 years.
Accelerating Growth: VMI's earnings growth over the past year (63.4%) exceeds its 5-year average (-0.5% per year).
Earnings vs Industry: VMI earnings growth over the past year (63.4%) exceeded the Construction industry 23.5%.
Return on Equity
High ROE: VMI's Return on Equity (13.8%) is considered low.
How is Valmont Industries's financial position?
Financial Position Analysis
Short Term Liabilities: VMI's short term assets ($1.4B) exceed its short term liabilities ($513.8M).
Long Term Liabilities: VMI's short term assets ($1.4B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: VMI's debt to equity ratio (68.1%) is considered high.
Reducing Debt: VMI's debt to equity ratio has increased from 62.6% to 68.1% over the past 5 years.
Debt Coverage: VMI's debt is well covered by operating cash flow (39.1%).
Interest Coverage: VMI's interest payments on its debt are well covered by EBIT (6.7x coverage).
Inventory Level: VMI has a high level of physical assets or inventory.
Debt Coverage by Assets: VMI's debt is covered by short term assets (assets are 1.8x debt).
What is Valmont Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: VMI's dividend (1.67%) isn’t notable compared to the bottom 25% of dividend payers in the US market (2%).
High Dividend: VMI's dividend (1.67%) is low compared to the top 25% of dividend payers in the US market (5.56%).
Stability and Growth of Payments
Stable Dividend: VMI's dividends per share have been stable in the past 10 years.
Growing Dividend: VMI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.1%), VMI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: VMI's dividends in 3 years are forecast to be well covered by earnings (22.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve Kaniewski (47yo)
Mr. Stephen G. Kaniewski, also known as Steve, has been Chief Executive Officer at Valmont Industries, Inc. since December 31, 2017 and President since October 2016. Mr. Kaniewski served as Chief Operating ...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD4.87M) is about average for companies of similar size in the US market ($USD4.60M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
|Senior VP of Information Technology & Chief Information Officer||0.92yr||US$822.17k||0.0025% $57.4k|
|Senior Vice President of Human Resources||1.25yrs||US$890.03k||0.0035% $81.0k|
|Senior VP & Corporate Controller||5.83yrs||US$787.67k||0.0096% $223.2k|
|Executive VP & CFO||0.083yr||no data||no data|
|Vice President of Investor Relations & Corporate Communications||no data||no data||no data|
|VP, Chief Legal & Compliance Officer||14.25yrs||no data||0.021% $482.3k|
|VP of Sales & Marketing||no data||no data||no data|
|Vice President of Global Marketing||no data||no data||no data|
|Managing Director of India||no data||no data||no data|
Experienced Management: VMI's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
|Non-Executive Chairman||23.25yrs||US$305.00k||1.13% $26.3m|
|Independent Director||39yrs||US$238.50k||0.63% $14.6m|
|Lead Director||2yrs||US$265.50k||0.026% $604.8k|
|Independent Director||14.33yrs||US$245.50k||0.091% $2.1m|
|Independent Director||15.5yrs||US$228.50k||0.050% $1.2m|
|Independent Director||4.83yrs||US$222.00k||0.016% $374.9k|
|Independent Director||11.17yrs||US$234.50k||0.031% $707.3k|
|Independent Director||2.25yrs||US$227.00k||0.0013% $30.3k|
|Independent Director||8.33yrs||US$221.00k||0.027% $624.9k|
Experienced Board: VMI's board of directors are considered experienced (9.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: VMI 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.
Valmont Industries, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Valmont Industries, Inc.
- Ticker: VMI
- Exchange: NYSE
- Founded: 1946
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: US$2.315b
- Shares outstanding: 21.52m
- Website: https://www.valmont.com
Number of Employees
- Valmont Industries, Inc.
- One Valmont Plaza
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|VMI||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1980|
|VI1||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1980|
|VI1||BRSE (Berne Stock Exchange)||Yes||Common Stock||CH||CHF||Jan 1980|
Valmont Industries, Inc. produces and sells fabricated metal products in the United States, Australia, Denmark, and internationally. The company operates through four segments: Engineered Support Structures, Utility Support Structures, Coatings, and Irrigation. The Engineered Support Structures segment manufactures and distributes engineered metal, steel, aluminum, and composite poles, towers, and components for lighting, traffic, and wireless communication markets; engineered access systems; integrated structure solutions for smart cities; and highway safety products. The Utility Support Structures segment manufactures engineered steel and concrete pole structures for the utility transmission, and distribution applications; renewable energy generation equipment; and inspection services. The Coatings segment provides hot-dipped galvanizing, anodizing, powder coating, and e-coating services. The Irrigation segment manufactures and distributes mechanical irrigation equipment, and related parts and services under the Valley brand name for the agricultural industry; and tubular products for industrial customers. This segment also provides water management solutions for large-scale production agriculture; and technology for precision agriculture. The company serves municipalities and government entities, commercial lighting fixtures manufacturing companies, contractors, telecommunications and utility companies, and large farms, as well as the general manufacturing sector. Valmont Industries, Inc. was founded in 1946 and is headquartered in Omaha, Nebraska.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/03 00:58|
|End of Day Share Price||2020/04/02 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.