Arcosa Inc
NYSE:ACA
Intrinsic Value
Arcosa, Inc. engages in the provision of infrastructure-related products and services. [ Read More ]
The intrinsic value of one ACA stock under the Base Case scenario is 64.99 USD. Compared to the current market price of 80.76 USD, Arcosa Inc is Overvalued by 20%.
Valuation Backtest
Arcosa Inc
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Fundamental Analysis
Arcosa Anticipates Growth and Improved Margins for 2024
2023-Q4 Earnings Call
Arcosa reported an impressive 2023 with a favorable outcome in its growth businesses and cyclical industries. Adjusted EBITDA soared by 38% due to a 17% revenue increase and an expansion in EBITDA margin by 220 basis points year-over-year. Notably, the Transportation Products revenue surged 49%, with EBITDA increasing by 67%, owing to volume and price hikes, leading to a 150 basis points margin expansion. They expect to persist in this trajectory with a 2024 revenue projection of $2.59 billion, marking a 12% uptick from 2023, and a forecast adjusted EBITDA of $400 million, 16% above the prior year's, factoring out a one-time $22 million land sale gain. Their adjusted EBITDA margin is projected to climb another 40 basis points to 15.4%. Capital expenditures for the year are anticipated between $175 million to $190 million, with growth CapEx between $55 million to $60 million. The company closed the year with a strong balance sheet, notably characterized by $523 million in accessible liquidity and no pressing debt maturities.
Balance Sheet Decomposition
Arcosa Inc
Current Assets | 912m |
Cash & Short-Term Investments | 104.8m |
Receivables | 357.1m |
Other Current Assets | 450.1m |
Non-Current Assets | 2.7B |
PP&E | 1.4B |
Intangibles | 1.3B |
Other Non-Current Assets | 31.5m |
Current Liabilities | 431.2m |
Accounts Payable | 272.5m |
Accrued Liabilities | 117.4m |
Other Current Liabilities | 41.3m |
Non-Current Liabilities | 814.7m |
Long-Term Debt | 561.9m |
Other Non-Current Liabilities | 252.8m |
Earnings Waterfall
Arcosa Inc
Revenue
|
2.3B
USD
|
Cost of Revenue
|
-1.9B
USD
|
Gross Profit
|
443.8m
USD
|
Operating Expenses
|
-261.1m
USD
|
Operating Income
|
182.7m
USD
|
Other Expenses
|
-23.5m
USD
|
Net Income
|
159.2m
USD
|
Free Cash Flow Analysis
Arcosa Inc
What is Free Cash Flow?
ACA Profitability Score
Profitability Due Diligence
Arcosa Inc's profitability score is 49/100. The higher the profitability score, the more profitable the company is.
Score
Arcosa Inc's profitability score is 49/100. The higher the profitability score, the more profitable the company is.
ACA Solvency Score
Solvency Due Diligence
Arcosa Inc's solvency score is 60/100. The higher the solvency score, the more solvent the company is.
Score
Arcosa Inc's solvency score is 60/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
ACA Price Targets Summary
Arcosa Inc
According to Wall Street analysts, the average 1-year price target for ACA is 96.29 USD with a low forecast of 89.89 USD and a high forecast of 108.15 USD.
Ownership
ACA Insider Trading
Buy and sell transactions by insiders
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Shareholder Return
ACA Price
Arcosa Inc
Average Annual Return | 18.19% |
Standard Deviation of Annual Returns | 25.05% |
Max Drawdown | -6% |
Market Capitalization | 3.9B USD |
Shares Outstanding | 48 562 300 |
Percentage of Shares Shorted | 1.49% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Arcosa, Inc. engages in the provision of infrastructure-related products and services. The company is headquartered in Dallas, Texas and currently employs 6,170 full-time employees. The company went IPO on 2018-10-16. The firm's segments include Construction Products, Engineered Structures and Transportation Products. The Construction Products segment produces and sells construction aggregates and related products, including natural and recycled aggregates and specialty materials, and manufactures and sells trench shields and shoring products and services. The Engineered Structures segment manufactures and sells engineered structures primarily for infrastructure businesses, including utility structures for electricity transmission and distribution, structural wind towers, traffic structures, and telecommunication structures. The Transportation Products segment manufactures and sells products for the inland waterway and rail transportation industries, including barges, barge-related products, axles, and couplers.
Contact
IPO
Employees
Officers
The intrinsic value of one ACA stock under the Base Case scenario is 64.99 USD.
Compared to the current market price of 80.76 USD, Arcosa Inc is Overvalued by 20%.