Sterling Construction Company Inc
NASDAQ:STRL
Intrinsic Value
Sterling Construction Co., Inc. engages in the provision of civil infrastructure construction, infrastructure rehabilitation, and residential construction projects. [ Read More ]
The intrinsic value of one STRL stock under the Base Case scenario is 71.62 USD. Compared to the current market price of 113.1 USD, Sterling Construction Company Inc is Overvalued by 37%.
Valuation Backtest
Sterling Construction Company Inc
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Fundamental Analysis
Sterling's Strong Growth and Solid Backlog in 2023
2023-Q4 Earnings Call
Sterling Infrastructure delivered an impressive year with 40% adjusted EPS growth and 11% rise in total revenue to $1.97 billion. The year marked the third consecutive annual growth of 40% or more in adjusted EPS. They achieved an adjusted EBITDA of $260 million and an adjusted EPS of $4.47, topping their guidance. Significant sector performances included an over 16% revenue growth in Transportation Solutions and a 26% revenue increase in Building Solutions. The backlog soared by 46% to $2.07 billion, signifying robust performance for the upcoming years, even as they anticipate a downturn in commercial revenues for 2024. Their book-to-burn ratio stood at 1.38x for backlog.
Balance Sheet Decomposition
Sterling Construction Company Inc
Current Assets | 848m |
Cash & Short-Term Investments | 471.6m |
Receivables | 358.5m |
Other Current Assets | 17.9m |
Non-Current Assets | 929.2m |
PP&E | 300.9m |
Intangibles | 609.5m |
Other Non-Current Assets | 18.8m |
Current Liabilities | 678.2m |
Accounts Payable | 146m |
Accrued Liabilities | 47.4m |
Other Current Liabilities | 484.8m |
Non-Current Liabilities | 480.1m |
Long-Term Debt | 315m |
Other Non-Current Liabilities | 165.1m |
Earnings Waterfall
Sterling Construction Company Inc
Revenue
|
2B
USD
|
Cost of Revenue
|
-1.6B
USD
|
Gross Profit
|
337.6m
USD
|
Operating Expenses
|
-131m
USD
|
Operating Income
|
206.7m
USD
|
Other Expenses
|
-68m
USD
|
Net Income
|
138.7m
USD
|
Free Cash Flow Analysis
Sterling Construction Company Inc
What is Free Cash Flow?
STRL Profitability Score
Profitability Due Diligence
Sterling Construction Company Inc's profitability score is 57/100. The higher the profitability score, the more profitable the company is.
Score
Sterling Construction Company Inc's profitability score is 57/100. The higher the profitability score, the more profitable the company is.
STRL Solvency Score
Solvency Due Diligence
Sterling Construction Company Inc's solvency score is 55/100. The higher the solvency score, the more solvent the company is.
Score
Sterling Construction Company Inc's solvency score is 55/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
STRL Price Targets Summary
Sterling Construction Company Inc
According to Wall Street analysts, the average 1-year price target for STRL is 115.77 USD with a low forecast of 113.12 USD and a high forecast of 120.75 USD.
Ownership
STRL Insider Trading
Buy and sell transactions by insiders
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Shareholder Return
STRL Price
Sterling Construction Company Inc
Average Annual Return | 28.25% |
Standard Deviation of Annual Returns | 16.1% |
Max Drawdown | -57% |
Market Capitalization | 3.5B USD |
Shares Outstanding | 30 925 700 |
Percentage of Shares Shorted | 4.82% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Sterling Construction Co., Inc. engages in the provision of civil infrastructure construction, infrastructure rehabilitation, and residential construction projects. The company is headquartered in The Woodlands, Texas and currently employs 2,900 full-time employees. The firm is specializing in e-infrastructure solutions, building solutions, and transportation solutions primarily across the Southern, Northeastern and Mid-Atlantic U.S., the Rocky Mountain States, California and Hawaii. The Transportation solutions includes infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, light rail, water, wastewater and storm drainage systems. E-Infrastructure Solutions offers specialty services projects develop advanced, large-scale site development systems and services for data centers, e-commerce distribution centers, commercial, warehousing, transportation, energy and more. Building Solutions projects include residential and commercial concrete foundations for single-family and multi-family homes, parking structures, elevated slabs and other concrete work.
Contact
IPO
Employees
Officers
The intrinsic value of one STRL stock under the Base Case scenario is 71.62 USD.
Compared to the current market price of 113.1 USD, Sterling Construction Company Inc is Overvalued by 37%.