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.

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

5.4%

GV

4.8%

US Construction

1.8%

US Market


1 Year Return

-48.6%

GV

7.2%

US Construction

7.3%

US Market

Return vs Industry: GV underperformed the US Construction industry which returned 7.2% over the past year.

Return vs Market: GV underperformed the US Market which returned 7.3% over the past year.


Shareholder returns

GVIndustryMarket
7 Day5.4%4.8%1.8%
30 Day-3.6%0.4%-0.7%
90 Day-5.3%3.1%0.06%
1 Year-48.6%-48.6%8.1%7.2%9.7%7.3%
3 Year-25.3%-25.3%27.5%24.7%46.3%36.9%
5 Year12.7%12.7%23.3%19.0%64.5%46.5%

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 compared to its fair value and its price relative to the market?

17.31x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate GV's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate GV's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: GV is poor value based on its PE Ratio (17.3x) compared to the Construction industry average (17.4x).

PE vs Market: GV is good value based on its PE Ratio (17.3x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

Low 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 (0.8x) compared to the US Construction industry average (1.7x).


Next Steps

Future Growth

How is Goldfield forecast 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 Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GV's forecast earnings growth (14.3% per year) is above the savings rate (2.7%).

Earnings vs Market: GV's earnings (14.3% per year) are forecast to grow slower than the US market (14.6% per year).

High Growth Earnings: GV's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if GV's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if GV's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if GV's Return on Equity is forecast to be high in 3 years time


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

Earnings Trend: GV's earnings have grown by 15.7% per year over the past 5 years.

Accelerating Growth: GV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GV had negative earnings growth (-61.4%) over the past year, making it difficult to compare to the Construction industry average (2.6%).


Return on Equity

High ROE: GV's Return on Equity (4.9%) is considered low.


Return on Assets

ROA vs Industry: GV's Return on Assets is below or equal to the Construction industry average last year.


Return on Capital Employed

ROCE Improving: GV's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Goldfield's financial position?


Financial Position Analysis

Short Term Liabilities: GV's short term assets ($58.4M) exceeds its short term liabilities ($25.0M)

Long Term Liabilities: GV's short term assets (58.4M) exceeds its long term liabilities (39.3M)


Debt to Equity History and Analysis

Debt Level: GV's debt to equity ratio (58%) is considered high

Reducing Debt: GV's debt to equity ratio has reduced from 79.2% to 58% over the past 5 years.

Debt Coverage: GV's debt is well covered by operating cash flow (45.9%).

Interest Coverage: GV's interest payments on its debt are well covered by EBIT (4.4x coverage).


Balance Sheet

Inventory Level: GV has a high level of physical assets or inventory.

Debt Coverage by Assets: GV's debt is covered by short term assets (assets are 1.622110x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.7%industryaverage1.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate GV's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

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.


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)

36.1yrs

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

Compensation vs. Market: John's total compensation ($USD1.45M) is about average for companies of similar size in the US market ($USD491.38K).

Compensation vs Earnings: 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

Experienced Management: GV's management team is seasoned and experienced (12 years average tenure).


Board Age and Tenure

21.1yrs

Average Tenure

74yo

Average Age

Experienced Board: GV's board of directors are seasoned and experienced ( 21.1 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • John Sottile (71yo)

    Chairman

    • Tenure: 36.1yrs
    • Compensation: US$1.45m
  • Stephen Wherry (61yo)

    Senior VP

    • Tenure: 21.8yrs
    • 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: 36.1yrs
    • Compensation: US$1.45m
  • Harvey Eads (73yo)

    Director

    • Tenure: 20.8yrs
    • Compensation: US$58.50k
  • John Fazzini (75yo)

    Director

    • Tenure: 35.8yrs
    • Compensation: US$43.50k
  • Danforth Leitner (78yo)

    Director

    • Tenure: 34.8yrs
    • Compensation: US$43.25k
  • David Bicks (86yo)

    Director

    • Tenure: 7.8yrs
    • 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$52.233m
  • 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 Analysis2019/10/17 23:36
End of Day Share Price2019/10/17 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.