AMEX:GV

Stock Analysis Report

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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. More Details


Snowflake Analysis

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.


Market Performance


7 Day Return

-9.5%

GV

-4.8%

US Construction

-3.3%

US Market


1 Year Return

93.0%

GV

-4.9%

US Construction

10.9%

US Market

Return vs Industry: GV exceeded the US Construction industry which returned -4.2% over the past year.

Return vs Market: GV exceeded the US Market which returned 13.1% over the past year.


Shareholder returns

GVIndustryMarket
7 Day-9.5%-4.8%-3.3%
30 Day-10.3%-4.3%-5.7%
90 Day12.0%9.2%8.2%
1 Year93.0%93.0%-4.4%-4.9%13.4%10.9%
3 Year-34.8%-34.8%-5.6%-7.6%34.9%25.9%
5 Year140.4%140.4%44.5%39.5%84.6%63.8%

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?

12.49x

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 (12.7x) compared to the US Construction industry average (18.1x).

PE vs Market: GV is good value based on its PE Ratio (12.7x) 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).


Next Steps

Future Growth

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

38.1%

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.


Next Steps

Past Performance

How has Goldfield performed over the past 5 years?

-2.6%

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.


Next Steps

Financial Health

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).


Balance Sheet


Next Steps

Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.08yrs

Average management tenure


CEO

Stephen Wherry (62 yo)

0.083

Tenure

US$945,730

Compensation

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 ($USD945.73K) is above average for companies of similar size in the US market ($USD601.34K).

Compensation vs Earnings: Stephen's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Stephen Wherry
Senior VP0.083yrUS$945.73k0.22%
$ 226.0k
Jason Spivey
Acting Co-Chief Executive Officer0.083yrUS$593.21kno data
Denise Diaz
Corporate Secretary & Director of Financial Reporting3.25yrsno datano data

0.08yrs

Average Tenure

Experienced Management: GV's management team is not considered experienced ( 0.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Harvey Eads
Independent Director21.67yrsUS$60.50k0.13%
$ 129.5k
John Fazzini
Independent Director36.67yrsUS$45.50k0.090%
$ 90.2k
Danforth Leitner
Independent Director35.67yrsUS$43.75k0.28%
$ 286.6k
David Bicks
Independent Director8.67yrsUS$43.50k0.041%
$ 41.1k
Stephen Appel
Independent Director2.75yrsUS$59.75k0.024%
$ 24.7k

21.7yrs

Average Tenure

76yo

Average Age

Experienced Board: GV's board of directors are seasoned and experienced ( 21.7 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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$100.788m
  • 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 Analysis2020/09/25 06:18
End of Day Share Price2020/09/24 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.