IES Holdings, Inc. (IESC) 株式分析

企業概要

IES Holdings, Inc. is an enterprise focused on the design and installation of integrated electrical and technology systems, alongside the provision of infrastructure products and services throughout the United States. The company operates specifically within the Industrials sector, serving the Engineering & Construction industry where it delivers critical infrastructure solutions. In terms of scale, the enterprise holds a market capitalization of $10.68B, generates annual revenue of $3.49B, and employs a workforce of 10,262 individuals. These valuation and revenue figures indicate that the company occupies a significant position in the market, reflecting substantial operational reach and a large installed base of personnel dedicated to complex infrastructure projects.

財務健全性

The company reports a trailing twelve-month revenue of $3.49B, with corresponding net income of $338.92M and EBITDA of $456.26M. The substantial gap between the total revenue figure and the net income amount reveals a cost structure where operating expenses, taxes, and interest costs collectively consume approximately 73.6% of top-line sales. Free cash flow stands at $210.43M, which signifies a robust capacity to fund capital expenditures, service debt obligations, and potentially pursue strategic acquisitions without relying on external equity financing. Profitability analysis shows a gross margin of 25.8%, an operating margin of 11.3%, and a profit margin of 9.8%, indicating that the company retains nearly a tenth of every dollar of revenue as net profit after all costs are deducted. Liquidity and leverage metrics show the company holds $258.74M in cash against $65.79M in total debt, resulting in a debt-to-equity ratio of 6.82, which suggests a highly leveraged balance sheet where equity capital is significantly smaller than debt obligations. However, the current ratio of 1.80 indicates that the company maintains adequate short-term liquidity, possessing assets well in excess of its current liabilities to meet immediate obligations. Return on equity is reported at 41.7% and return on assets at 17.4%, metrics that reveal management is effectively utilizing shareholder capital and the total asset base to generate substantial returns despite the high leverage levels.

バリュエーション評価

Valuation metrics display a trailing P/E ratio of 31.85, while the forward P/E is listed as N/A, implying that analysts have not yet projected earnings growth sufficient to calculate a future multiple or that the market expects significant volatility in near-term earnings estimates. The price-to-book ratio is 11.11, indicating that the market values the company at more than eleven times its net asset value, which suggests a substantial premium assigned to its intangible assets, brand, or growth prospects relative to its book value. Alternative valuation measures include a price-to-sales ratio of 3.06 and an EV/EBITDA of 22.98, figures that suggest investors are willing to pay a significant multiple for the company's sales and earnings power compared to historical averages. The stock has traded between a 52-week low of $162.70 and a 52-week high of $540.00, and without the current price explicitly provided in the facts, the range itself highlights the significant volatility and potential upside or downside distance inherent in the stock's recent trading history. The beta value is 1.67, meaning the stock price exhibits 67% higher volatility than the broader market, indicating that the asset is more sensitive to market fluctuations and systemic risks than a typical large-cap industrial peer.

Growth & Income

Revenue growth is reported at 16.2% year-over-year, while earnings growth is significantly higher at 65.8% year-over-year, implying that the company is generating earnings at a pace much faster than its top-line sales expansion, likely driven by margin expansion or one-time adjustments. As a non-dividend payer, the company reports a dividend yield of N/A and a payout ratio of 0.0%, indicating that the firm chooses to retain all of its earnings rather than distributing them to shareholders. This retention strategy aligns with the high return on equity, suggesting that reinvesting capital back into the business is the primary mechanism for driving future growth and compounding value for equity holders. The overall growth and income profile is characterized by double-digit revenue expansion paired with explosive earnings growth, supported by a complete reinvestment of profits rather than a reliance on dividend income for investors.