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. More Details
Excellent balance sheet with proven track record.
Share Price & News
How has Goldfield's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GV has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: GV exceeded the US Construction industry which returned -4.3% over the past year.
Return vs Market: GV exceeded the US Market which returned 12.7% over the past year.
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
2 weeks ago | Simply Wall StGoldfield (NYSEMKT:GV) Seems To Use Debt Quite Sensibly
1 month ago | Simply Wall StDid Business Growth Power Goldfield's (NYSEMKT:GV) Share Price Gain of 137%?
Is Goldfield undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GV's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GV's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GV is good value based on its PE Ratio (12.8x) compared to the US Construction industry average (17.9x).
PE vs Market: GV is good value based on its PE Ratio (12.8x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GV is good value based on its PB Ratio (1.5x) compared to the US Construction industry average (1.6x).
How is Goldfield forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Goldfield has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Goldfield is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Goldfield competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Goldfield performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GV has high quality earnings.
Growing Profit Margin: GV's current net profit margins (4.4%) are higher than last year (1.9%).
Past Earnings Growth Analysis
Earnings Trend: GV's earnings have declined by 2.6% per year over the past 5 years.
Accelerating Growth: GV's earnings growth over the past year (161.6%) exceeds its 5-year average (-2.6% per year).
Earnings vs Industry: GV earnings growth over the past year (161.6%) exceeded the Construction industry 17.6%.
Return on Equity
High ROE: GV's Return on Equity (11.5%) is considered low.
How is Goldfield's financial position?
Financial Position Analysis
Short Term Liabilities: GV's short term assets ($75.0M) exceed its short term liabilities ($28.6M).
Long Term Liabilities: GV's short term assets ($75.0M) exceed its long term liabilities ($57.6M).
Debt to Equity History and Analysis
Debt Level: GV's debt to equity ratio (60.6%) is considered high.
Reducing Debt: GV's debt to equity ratio has reduced from 101.3% to 60.6% over the past 5 years.
Debt Coverage: GV's debt is well covered by operating cash flow (46.6%).
Interest Coverage: GV's interest payments on its debt are well covered by EBIT (10.6x coverage).
What is Goldfield current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GV's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GV's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Stephen Wherry (62 yo)
Mr. Stephen R. Wherry has been Acting Co-Chief Executive Officer at The Goldfield Corporation since August 2020. Mr. Wherry has been the Chief Financial Officer, Treasurer of The Goldfield Corp. since 1998 ...
CEO Compensation Analysis
Compensation vs Market: Stephen's total compensation ($USD945.73K) is above average for companies of similar size in the US market ($USD601.89K).
Compensation vs Earnings: Stephen's compensation has increased by more than 20% in the past year.
|Senior VP||0.083yr||US$945.73k||0.22% |
|Acting Co-Chief Executive Officer||0.083yr||US$593.21k||no data|
|Corporate Secretary & Director of Financial Reporting||3.25yrs||no data||no data|
Experienced Management: GV's management team is not considered experienced ( 0.1 years average tenure), which suggests a new team.
|Independent Director||21.67yrs||US$60.50k||0.13% |
|Independent Director||36.67yrs||US$45.50k||0.090% |
|Independent Director||35.67yrs||US$43.75k||0.28% |
|Independent Director||8.67yrs||US$43.50k||0.041% |
|Independent Director||2.75yrs||US$59.75k||0.024% |
Experienced Board: GV's board of directors are seasoned and experienced ( 21.7 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.
The Goldfield Corporation's company bio, employee growth, exchange listings and data sources
- Name: The Goldfield Corporation
- Ticker: GV
- Exchange: AMEX
- Founded: 1906
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: US$103.240m
- Shares outstanding: 24.52m
- Website: https://www.goldfieldcorp.com
Number of Employees
- The Goldfield Corporation
- 1684 West Hibiscus Boulevard
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GV||AMEX (NYSE MKT LLC)||Yes||Common Stock||US||USD||Apr 1974|
|GFC||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Apr 1974|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/23 06:15|
|End of Day Share Price||2020/09/22 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.