Arcosa, Inc. (ACA) 股票分析

公司概述

Arcosa, Inc. operates within the Industrials sector, specifically focusing on the Engineering & Construction industry, delivering infrastructure-related products and solutions for construction, engineered structures, and transportation markets across the United States. The company executes its operations through three distinct segments: Construction Products, Engineered Structures, and Transporta, providing a diversified revenue stream within the infrastructure domain. As of the latest data, Arcosa holds a market capitalization of $5.50B and generates an annual revenue of $2.88B, supported by a workforce of 6,390 employees. These valuation and revenue figures indicate that the company maintains a significant position in the mid-cap infrastructure space, possessing substantial operational scale relative to its peer group in the engineering and construction sector.

财务健康

The company reported a Total Revenue of $2.88B and an EBITDA of $533.70M, while achieving a Net Income of $208.00M, revealing a cost structure where non-operating expenses, taxes, and interest reduce operating earnings by approximately 66% of the EBITDA figure. Free Cash Flow stands at $76.59M, indicating that while the company generates significant operating profits, capital expenditures or working capital requirements consume a large portion of cash available for distribution or reinvestment. The Gross Margin is 22.4%, reflecting the cost of goods sold relative to sales in a capital-intensive construction environment. The Operating Margin of 6.5% and Profit Margin of 7.2% demonstrate the company's ability to control overhead and deliver bottom-line profitability, though the gap between gross and operating margins highlights significant operational leverage and administrative costs. On the balance sheet, Cash stands at $214.60M against Total Debt of $1.58B, resulting in a Debt to Equity ratio of 59.91, which suggests the company utilizes a leveraged capital structure typical for the construction industry. The Current Ratio is 2.20, indicating a conservative short-term liquidity position with current assets more than double current liabilities, providing a robust buffer against immediate obligations. Return on Equity is 8.2% and Return on Assets is 3.9%, metrics that reveal management's effectiveness in generating returns on shareholder capital versus total asset base, with the disparity highlighting the impact of the company's high debt levels on overall asset efficiency.

估值评估

The Trailing P/E Ratio is 26.36, while the Forward P/E is 19.50, implying that the market expects earnings growth in the future that will compress the valuation multiple over time. The Price to Book ratio is 2.08, indicating that the market values the company at a significant premium over its net asset book value, reflecting intangible assets, brand strength, or growth expectations not captured on the balance sheet. The Price to Sales ratio is 1.91, and the EV/EBITDA is 12.86; these alternative metrics suggest the company is trading at a premium relative to its sales and unlevered earnings, consistent with a mature industrial firm in the infrastructure sector. The 52-Week High is $131.00 and the 52-Week Low is $69.41; without the specific current share price listed in the provided facts, the absolute trading position relative to this range cannot be calculated, but the wide range suggests significant recent price volatility. The Beta is 0.96, indicating that the stock's price volatility moves in line with the broader market, neither acting as a significant amplifier nor dampener of market swings.

Growth & Income

Revenue Growth is 7.6% year-over-year, while Earnings Growth is listed as N/A in the available data, preventing a direct comparison of earnings velocity versus revenue expansion. The company offers a Dividend Yield of 0.2% with a Payout Ratio of 4.7%, suggesting that dividend distributions are minimal relative to earnings and potentially sustainable even if earnings fluctuate. Given the low payout ratio and lack of explicit earnings growth data, the company appears to prioritize retaining earnings for operational reinvestment or debt management rather than maximizing dividend payouts to shareholders. The overall growth and income profile reflects a mature infrastructure operator with moderate revenue expansion and a conservative approach to capital allocation via low dividends.