AMEX:GV

Stock Analysis Report

Executive Summary

The Goldfield Corporation, together with its subsidiaries, provides electrical infrastructure construction services primarily to electric utilities and industrial customers in Southeast and mid-Atlantic regions of the United States and Texas.

Snowflake

Fundamentals

Excellent balance sheet and slightly overvalued.

Risks

  • Goldfield is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

GV

-1.2%

US Construction

-0.6%

US Market


1 Year Return

-51.5%

GV

-7.1%

US Construction

0.7%

US Market

GV underperformed the Construction industry which returned -7.1% over the past year.

GV underperformed the Market in United States of America which returned 0.6% over the past year.


Share holder returns

GVIndustryMarket
7 Day0%-1.2%-0.6%
30 Day5.9%8.1%2.9%
90 Day-6.9%0.7%1.3%
1 Year-51.5%-51.5%-6.3%-7.1%2.9%0.7%
3 Year-18.5%-18.5%23.1%20.3%44.6%35.2%
5 Year13.7%13.7%15.0%11.1%61.9%44.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

17.56x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Goldfield to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Goldfield to establish if it is available at substantial discount.


Price Based on Earnings

Goldfield is overvalued based on earnings compared to the US Construction industry average.

Goldfield is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Goldfield, we can't assess if its growth is good value.


Price Based on Value of Assets

Goldfield is good value based on assets compared to the US Construction industry average.


Next Steps

Future Growth

How is Goldfield expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Goldfield is high growth as no revenue estimate data is available.

Goldfield's earnings are expected to grow by 14.3% yearly, however this is not considered high growth (20% yearly).

Unable to compare Goldfield's revenue growth to the United States of America market average as no estimate data is available.

Goldfield's earnings growth is expected to exceed the United States of America market average.

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


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Goldfield will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Goldfield performed over the past 5 years?

15.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Goldfield's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

Goldfield's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Goldfield's 1-year earnings growth is negative, it can't be compared to the US Construction industry average.


Return on Equity

Goldfield has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

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


Return on Capital Employed

Goldfield's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Goldfield's financial position?


Financial Position Analysis

Goldfield is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Goldfield's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Goldfield's level of debt (58%) 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 (79.2% vs 58% today).

Debt is well covered by operating cash flow (45.9%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 4.4x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.6x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Goldfield's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Goldfield's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Goldfield has not reported any payouts.

Unable to verify if Goldfield's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Goldfield has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

12.0yrs

Average management tenure


CEO

John Sottile (71yo)

36yrs

Tenure

US$1,445,148

Compensation

Mr. John H. Sottile has been the Chairman of Goldfield Corp. since May 1998 and has been its Chief Executive Officer since 1985 and President since September 1983. Mr. Sottile serves as the President of Go ...


CEO Compensation Analysis

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

John's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

12.0yrs

Average Tenure

61yo

Average Age

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


Board Age and Tenure

21.0yrs

Average Tenure

74yo

Average Age

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


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • John Sottile (71yo)

    Chairman

    • Tenure: 36yrs
    • Compensation: US$1.45m
  • Stephen Wherry (61yo)

    Senior VP

    • Tenure: 21.7yrs
    • Compensation: US$752.28k
  • Mary Manger

    Corporate Secretary

    • Tenure: 0yrs
  • Jason Spivey (48yo)

    President of Power Corporation of America & Southeast Power Corporation

    • Tenure: 2.3yrs
    • Compensation: US$545.84k
  • Denise Diaz

    Corporate Secretary

    • Tenure: 2.3yrs

Board Members

  • John Sottile (71yo)

    Chairman

    • Tenure: 36yrs
    • Compensation: US$1.45m
  • Harvey Eads (73yo)

    Director

    • Tenure: 20.7yrs
    • Compensation: US$58.50k
  • John Fazzini (75yo)

    Director

    • Tenure: 35.7yrs
    • Compensation: US$43.50k
  • Danforth Leitner (78yo)

    Director

    • Tenure: 34.7yrs
    • Compensation: US$43.25k
  • David Bicks (86yo)

    Director

    • Tenure: 7.7yrs
    • Compensation: US$41.00k
  • Steve Appel (64yo)

    Director

    • Tenure: 1.8yrs
    • Compensation: US$56.25k

Company Information

The Goldfield Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Goldfield Corporation
  • Ticker: GV
  • Exchange: AMEX
  • Founded: 1906
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: US$52.969m
  • Shares outstanding: 24.52m
  • Website: https://www.goldfieldcorp.com

Number of Employees


Location

  • The Goldfield Corporation
  • 1684 West Hibiscus Boulevard
  • Melbourne
  • Florida
  • 32901
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GVAMEX (NYSE MKT LLC)YesCommon StockUSUSDApr 1974
GFCDB (Deutsche Boerse AG)YesCommon StockDEEURApr 1974

Biography

The Goldfield Corporation, together with its subsidiaries, provides electrical infrastructure construction services primarily to electric utilities and industrial customers in Southeast and mid-Atlantic re ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/21 23:34
End of Day Share Price2019/09/20 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.