Granite Construction Statistics
Total Valuation
GVA has a market cap or net worth of $2.35 billion. The enterprise value is $2.44 billion.
| Market Cap | 2.35B |
| Enterprise Value | 2.44B |
Important Dates
The next confirmed earnings date is Thursday, May 2, 2024, before market open.
| Earnings Date | May 2, 2024 |
| Ex-Dividend Date | Mar 27, 2024 |
Share Statistics
GVA has 43.97 million shares outstanding. The number of shares has increased by 0.46% in one year.
| Shares Outstanding | 43.97M |
| Shares Change (YoY) | +0.46% |
| Shares Change (QoQ) | -1.95% |
| Owned by Insiders (%) | 0.89% |
| Owned by Institutions (%) | 108.48% |
| Float | 43.52M |
Valuation Ratios
The trailing PE ratio is 55.12 and the forward PE ratio is 12.25. GVA's PEG ratio is 5.56.
| PE Ratio | 55.12 |
| Forward PE | 12.25 |
| PS Ratio | 0.67 |
| Forward PS | 0.60 |
| PB Ratio | 2.40 |
| P/FCF Ratio | 28.85 |
| PEG Ratio | 5.56 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.23, with an EV/FCF ratio of 29.99.
| EV / Earnings | 56.02 |
| EV / Sales | 0.70 |
| EV / EBITDA | 13.23 |
| EV / EBIT | 26.45 |
| EV / FCF | 29.99 |
Financial Position
The company has a current ratio of 1.60, with a Debt / Equity ratio of 0.73.
| Current Ratio | 1.60 |
| Quick Ratio | 1.19 |
| Debt / Equity | 0.73 |
| Debt / EBITDA | 3.89 |
| Debt / FCF | 8.82 |
| Interest Coverage | 5.00 |
Financial Efficiency
Return on equity (ROE) is 4.60% and return on invested capital (ROIC) is 2.79%.
| Return on Equity (ROE) | 4.60% |
| Return on Assets (ROA) | 1.80% |
| Return on Capital (ROIC) | 2.79% |
| Revenue Per Employee | $855,887 |
| Profits Per Employee | $10,634 |
| Employee Count | 4,100 |
| Asset Turnover | 1.43 |
| Inventory Turnover | 32.64 |
Taxes
In the past 12 months, GVA has paid $30.27 million in taxes.
| Income Tax | 30.27M |
| Effective Tax Rate | 40.98% |
Stock Price Statistics
The stock price has increased by +39.09% in the last 52 weeks. The beta is 1.47, so GVA's price volatility has been higher than the market average.
| Beta (1Y) | 1.47 |
| 52-Week Price Change | +39.09% |
| 50-Day Moving Average | 53.19 |
| 200-Day Moving Average | 45.49 |
| Relative Strength Index (RSI) | 39.95 |
| Average Volume (30 Days) | 362,012 |
Short Selling Information
The latest short interest is 4.16 million, so 9.47% of the outstanding shares have been sold short.
| Short Interest | 4.16M |
| Short Previous Month | 4.13M |
| Short % of Shares Out | 9.47% |
| Short % of Float | 9.57% |
| Short Ratio (days to cover) | 11.23 |
Income Statement
In the last 12 months, GVA had revenue of $3.51 billion and earned $43.60 million in profits. Earnings per share was $0.97.
| Revenue | 3.51B |
| Gross Profit | 396.40M |
| Operating Income | 80.06M |
| Pretax Income | 73.87M |
| Net Income | 43.60M |
| EBITDA | 184.60M |
| EBIT | 92.33M |
| Earnings Per Share (EPS) | $0.97 |
Balance Sheet
The company has $624.76 million in cash and $718.26 million in debt, giving a net cash position of -$93.50 million or -$2.13 per share.
| Cash & Cash Equivalents | 624.76M |
| Total Debt | 718.26M |
| Net Cash | -93.50M |
| Net Cash Per Share | -$2.13 |
| Equity / Book Value | 977.30M |
| Book Value Per Share | 22.23 |
| Working Capital | 613.57M |
Cash Flow
In the last 12 months, operating cash flow was $183.71 million and capital expenditures -$102.28 million, giving a free cash flow of $81.43 million.
| Operating Cash Flow | 183.71M |
| Capital Expenditures | -102.28M |
| Free Cash Flow | 81.43M |
| FCF Per Share | $1.86 |
Margins
Gross margin is 11.30%, with operating and profit margins of 2.28% and 1.24%.
| Gross Margin | 11.30% |
| Operating Margin | 2.28% |
| Pretax Margin | 2.10% |
| Profit Margin | 1.24% |
| EBITDA Margin | 5.26% |
| EBIT Margin | 2.63% |
| FCF Margin | 2.32% |
Dividends & Yields
This stock pays an annual dividend of $0.52, which amounts to a dividend yield of 0.97%.
| Dividend Per Share | $0.52 |
| Dividend Yield | 0.97% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 53.61% |
| Buyback Yield | -0.46% |
| Shareholder Yield | 0.52% |
| Earnings Yield | 1.86% |
| FCF Yield | 3.47% |
Analyst Forecast
The average price target for GVA is $57.00, which is 6.66% higher than the current price. The consensus rating is "Hold".
| Price Target | $57.00 |
| Price Target Difference | 6.66% |
| 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 2.66 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.66 |
| Piotroski F-Score | 6 |