Granite Construction Statistics
Total Valuation
GVA has a market cap or net worth of $2.67 billion. The enterprise value is $2.79 billion.
| Market Cap | 2.67B |
| Enterprise Value | 2.79B |
Important Dates
The next estimated earnings date is Thursday, July 25, 2024, before market open.
| Earnings Date | Jul 25, 2024 |
| Ex-Dividend Date | Jun 28, 2024 |
Share Statistics
GVA has 44.15 million shares outstanding. The number of shares has increased by 0.51% in one year.
| Shares Outstanding | 44.15M |
| Shares Change (YoY) | +0.51% |
| Shares Change (QoQ) | -16.32% |
| Owned by Insiders (%) | 1.01% |
| Owned by Institutions (%) | 109.59% |
| Float | 41.40M |
Valuation Ratios
The trailing PE ratio is 99.30 and the forward PE ratio is 14.11. GVA's PEG ratio is 5.56.
| PE Ratio | 99.30 |
| Forward PE | 14.11 |
| PS Ratio | 0.74 |
| Forward PS | 0.67 |
| PB Ratio | 2.83 |
| P/FCF Ratio | 13.87 |
| PEG Ratio | 5.56 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.58, with an EV/FCF ratio of 14.45.
| EV / Earnings | 78.18 |
| EV / Sales | 0.77 |
| EV / EBITDA | 14.58 |
| EV / EBIT | 31.13 |
| EV / FCF | 14.45 |
Financial Position
The company has a current ratio of 1.51, with a Debt / Equity ratio of 0.65.
| Current Ratio | 1.51 |
| Quick Ratio | 1.00 |
| Debt / Equity | 0.65 |
| Debt / EBITDA | 3.24 |
| Debt / FCF | 3.21 |
| Interest Coverage | 3.78 |
Financial Efficiency
Return on equity (ROE) is 3.80% and return on invested capital (ROIC) is 2.77%.
| Return on Equity (ROE) | 3.80% |
| Return on Assets (ROA) | 1.40% |
| Return on Capital (ROIC) | 2.77% |
| Revenue Per Employee | $883,255 |
| Profits Per Employee | $8,692 |
| Employee Count | 4,100 |
| Asset Turnover | 1.40 |
| Inventory Turnover | 29.82 |
Taxes
In the past 12 months, GVA has paid $30.21 million in taxes.
| Income Tax | 30.21M |
| Effective Tax Rate | 45.88% |
Stock Price Statistics
The stock price has increased by +51.24% in the last 52 weeks. The beta is 1.47, so GVA's price volatility has been higher than the market average.
| Beta (5Y) | 1.47 |
| 52-Week Price Change | +51.24% |
| 50-Day Moving Average | 60.43 |
| 200-Day Moving Average | 50.29 |
| Relative Strength Index (RSI) | 45.82 |
| Average Volume (20 Days) | 674,953 |
Short Selling Information
The latest short interest is 5.02 million, so 11.38% of the outstanding shares have been sold short.
| Short Interest | 5.02M |
| Short Previous Month | 4.77M |
| Short % of Shares Out | 11.38% |
| Short % of Float | 12.13% |
| Short Ratio (days to cover) | 10.38 |
Income Statement
In the last 12 months, GVA had revenue of $3.62 billion and earned $35.64 million in profits. Earnings per share was $0.61.
| Revenue | 3.62B |
| Gross Profit | 418.33M |
| Operating Income | 80.01M |
| Pretax Income | 65.85M |
| Net Income | 35.64M |
| EBITDA | 191.11M |
| EBIT | 89.50M |
| Earnings Per Share (EPS) | $0.61 |
Balance Sheet
The company has $506.24 million in cash and $618.30 million in debt, giving a net cash position of -$112.07 million or -$2.54 per share.
| Cash & Cash Equivalents | 506.24M |
| Total Debt | 618.30M |
| Net Cash | -112.07M |
| Net Cash Per Share | -$2.54 |
| Equity (Book Value) | 946.46M |
| Book Value Per Share | 21.44 |
| Working Capital | 481.67M |
Cash Flow
In the last 12 months, operating cash flow was $284.47 million and capital expenditures -$91.67 million, giving a free cash flow of $192.80 million.
| Operating Cash Flow | 284.47M |
| Capital Expenditures | -91.67M |
| Free Cash Flow | 192.80M |
| FCF Per Share | $4.38 |
Margins
Gross margin is 11.55%, with operating and profit margins of 2.21% and 0.98%.
| Gross Margin | 11.55% |
| Operating Margin | 2.21% |
| Pretax Margin | 1.82% |
| Profit Margin | 0.98% |
| EBITDA Margin | 5.28% |
| EBIT Margin | 2.47% |
| FCF Margin | 5.32% |
Dividends & Yields
This stock pays an annual dividend of $0.52, which amounts to a dividend yield of 0.86%.
| Dividend Per Share | $0.52 |
| Dividend Yield | 0.86% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 85.25% |
| Buyback Yield | -0.51% |
| Shareholder Yield | 0.35% |
| Earnings Yield | 1.33% |
| FCF Yield | 7.21% |
Analyst Forecast
The average price target for GVA is $57.00, which is -5.89% lower than the current price. The consensus rating is "Hold".
| Price Target | $57.00 |
| Price Target Difference | -5.89% |
| Analyst Consensus | Hold |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on April 16, 2001. It was a forward split with a ratio of 3:2.
| Last Split Date | Apr 16, 2001 |
| Split Type | Forward |
| Split Ratio | 3:2 |
Scores
GVA has an Altman Z-Score of 2.99 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.99 |
| Piotroski F-Score | 5 |