Primoris Services Valuation
| PRIM Stock | USD 77.04 2.45 3.28% |
At this time, the company appears to be undervalued. Primoris Services holds a recent Real Value of $82.34 per share. The prevailing price of the company is $77.04. Our model determines the value of Primoris Services from analyzing the company fundamentals such as Shares Outstanding of 53.71 M, return on equity of 0.13, and Operating Margin of 0.06 % as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Primoris Services' valuation include:
Price Book 3.0472 | Enterprise Value | Enterprise Value Ebitda 12.6704 | Price Sales 0.6738 | Forward PE 18.5874 |
Undervalued
Today
Please note that Primoris Services' price fluctuation is very steady at this time. Calculation of the real value of Primoris Services is based on 3 months time horizon. Increasing Primoris Services' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Primoris stock is determined by what a typical buyer is willing to pay for full or partial control of Primoris Services. Since Primoris Services is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Primoris Stock. However, Primoris Services' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 77.04 | Real 82.34 | Target 88.5 | Hype 76.1 | Naive 70.74 |
The intrinsic value of Primoris Services' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Primoris Services' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Primoris Services helps investors to forecast how Primoris stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Primoris Services more accurately as focusing exclusively on Primoris Services' fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Primoris Services' intrinsic value based on its ongoing forecasts of Primoris Services' financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Primoris Services' closest peers.
Primoris Services Cash |
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Primoris Valuation Trend
Knowing Primoris Services' actual value is paramount for traders when making sound investment determinations. Using both Primoris Services' enterprise value as well as its market capitalization is the best way to estimate the value of the company and is usually enough for investors to make market timing decisions.
Primoris Revenue by Product
Primoris Services Total Value Analysis
Primoris Services is at this time forecasted to have valuation of 5.13 B with market capitalization of 4.14 B, debt of 1.32 B, and cash on hands of 91.25 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Primoris Services fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
5.13 B | 4.14 B | 1.32 B | 91.25 M |
Primoris Services Investor Information
About 97.0% of the company shares are owned by institutional investors. The book value of Primoris Services was at this time reported as 25.28. The company has Price/Earnings To Growth (PEG) ratio of 0.8. Primoris Services last dividend was issued on the 31st of December 2024. Based on the key indicators related to Primoris Services' liquidity, profitability, solvency, and operating efficiency, Primoris Services is performing exceptionally good at the present time. It has a great likelihood to report excellent financial results in March.| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Operating Profit Margin | 0.0572 | 0.0509 |
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Primoris Services Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Primoris Services has an asset utilization ratio of 149.33 percent. This suggests that the Company is making $1.49 for each dollar of assets. An increasing asset utilization means that Primoris Services is more efficient with each dollar of assets it utilizes for everyday operations.Primoris Services Ownership Allocation
Primoris Services owns a total of 53.71 Million outstanding shares. The majority of Primoris Services outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Primoris Services to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Primoris Services. Please pay attention to any change in the institutional holdings of Primoris Services as this could imply that something significant has changed or is about to change at the company. On January 15, 2025, Representative Josh Gottheimer of US Congress acquired under $15k worth of Primoris Services's common stock.Primoris Services Profitability Analysis
The company reported the previous year's revenue of 5.72 B. Net Income was 126.14 M with profit before overhead, payroll, taxes, and interest of 675.25 M.Primoris Services Past Distributions to stockholders
About Primoris Services Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Primoris Services. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Primoris Services based exclusively on its fundamental and basic technical indicators. By analyzing Primoris Services's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Primoris Services's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Primoris Services. We calculate exposure to Primoris Services's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Primoris Services's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 675.6 M | 709.4 M | |
| Pretax Profit Margin | 0.04 | 0.05 | |
| Operating Profit Margin | 0.05 | 0.06 | |
| Net Profit Margin | 0.03 | 0.04 | |
| Gross Profit Margin | 0.12 | 0.13 |
A single share of Primoris Services represents a small ownership stake in the entity. As a stockholder of Primoris, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
Primoris Services Dividends Analysis For Valuation
At this time, Primoris Services' Dividend Yield is very stable compared to the past year. As of the 31st of January 2025, Dividend Payout Ratio is likely to grow to 0.17, though Dividends Paid is likely to grow to (10.9 M). . At this time, Primoris Services' Retained Earnings are very stable compared to the past year. As of the 31st of January 2025, Earnings Yield is likely to grow to 0.09, while Retained Earnings Total Equity is likely to drop about 429.9 M.
| Last Reported | Projected for Next Year | ||
| Dividends Paid | -11.5 M | -10.9 M | |
| Dividend Yield | 0.01 | 0.01 | |
| Dividend Payout Ratio | 0.12 | 0.17 | |
| Dividend Paid And Capex Coverage Ratio | 1.97 | 1.91 |
There are various types of dividends Primoris Services can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Primoris shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Primoris Services directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Primoris pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Primoris Services by the value of the dividends paid out.
Primoris Services Growth Indicators
Investing in growth stocks can be very risky. If the company such as Primoris Services does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 54.2 M | |
| Quarterly Earnings Growth Y O Y | 0.202 | |
| Forward Price Earnings | 18.5874 |
Primoris Services Current Valuation Indicators
Primoris Services' valuation analysis is a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final Primoris Services' valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Primoris Services, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Primoris Services' valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Primoris Services' worth.When determining whether Primoris Services is a strong investment it is important to analyze Primoris Services' 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 Primoris Services' future performance. For an informed investment choice regarding Primoris Stock, refer to the following important reports: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primoris Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Primoris Stock, please use our How to Invest in Primoris Services guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Primoris Services. If investors know Primoris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Primoris Services listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.202 | Dividend Share 0.24 | Earnings Share 3.03 | Revenue Per Share | Quarterly Revenue Growth 0.078 |
The market value of Primoris Services is measured differently than its book value, which is the value of Primoris that is recorded on the company's balance sheet. Investors also form their own opinion of Primoris Services' value that differs from its market value or its book value, called intrinsic value, which is Primoris Services' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Primoris Services' market value can be influenced by many factors that don't directly affect Primoris Services' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Primoris Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Primoris Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primoris Services' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.