Construction Net Tangible Assets from 2010 to 2026

ROAD Stock  USD 109.88  2.90  2.57%   
Construction Partners' Net Tangible Assets are increasing over the years with slightly volatile fluctuation. Net Tangible Assets are expected to dwindle to about 278.5 M. Net Tangible Assets is the total assets of Construction Partners minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2016-09-30
Previous Quarter
437.3 M
Current Value
459.9 M
Quarterly Volatility
94.4 M
 
Covid
 
Interest Hikes
Check Construction Partners financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Construction Partners' main balance sheet or income statement drivers, such as Tax Provision of 39.5 M, Interest Income of 2.4 M or Depreciation And Amortization of 179 M, as well as many indicators such as Price To Sales Ratio of 2.34, Dividend Yield of 0.0504 or PTB Ratio of 7.23. Construction financial statements analysis is a perfect complement when working with Construction Partners Valuation or Volatility modules.
  
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Check out the analysis of Construction Partners Correlation against competitors.
For information on how to trade Construction Stock refer to our How to Trade Construction Stock guide.
Analyzing Construction Partners's Net Tangible Assets over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Tangible Assets has evolved provides context for assessing Construction Partners's current valuation and future prospects.

Latest Construction Partners' Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Construction Partners over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Construction Partners' Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Construction Partners' overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Construction Net Tangible Assets Regression Statistics

Arithmetic Mean232,733,165
Geometric Mean211,196,076
Coefficient Of Variation41.60
Mean Deviation90,499,430
Median278,499,100
Standard Deviation96,813,864
Sample Variance9372.9T
Range238M
R-Value0.86
Mean Square Error2633.1T
R-Squared0.74
Significance0.00001
Slope16,454,825
Total Sum of Squares149966.8T

Construction Net Tangible Assets History

2026278.5 M
2025357 M
2021310.4 M
2020319.3 M
2019335.6 M
2018301.6 M
2017262.8 M

About Construction Partners Financial Statements

Construction Partners stakeholders use historical fundamental indicators, such as Construction Partners' Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Construction Partners investors may analyze each financial statement separately, they are all interrelated. For example, changes in Construction Partners' assets and liabilities are reflected in the revenues and expenses on Construction Partners' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Construction Partners. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets357 M278.5 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Construction Partners is a strong investment it is important to analyze Construction Partners' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Construction Partners' future performance. For an informed investment choice regarding Construction Stock, refer to the following important reports:
Check out the analysis of Construction Partners Correlation against competitors.
For information on how to trade Construction Stock refer to our How to Trade Construction Stock guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Will Construction & Engineering sector continue expanding? Could Construction diversify its offerings? Factors like these will boost the valuation of Construction Partners. Anticipated expansion of Construction directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Construction Partners data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.809
Earnings Share
1.84
Revenue Per Share
51.186
Quarterly Revenue Growth
0.672
Return On Assets
0.0706
The market value of Construction Partners is measured differently than its book value, which is the value of Construction that is recorded on the company's balance sheet. Investors also form their own opinion of Construction Partners' value that differs from its market value or its book value, called intrinsic value, which is Construction Partners' true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Construction Partners' market value can be influenced by many factors that don't directly affect Construction Partners' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Construction Partners' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Construction Partners should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Construction Partners' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.