Emcor: Initiating Coverage With $690 Fair Value Estimate and No Moat Rating; Shares Fairly Valued
We’re initiating coverage of Emcor, the mechanical and electrical-focused specialist contractor.
EMCOR Group Inc EME
Bulls Say, Bears Say
Bulls
Emcor occupies an enviable position in the data center and AI infrastructure super cycle, and the skilled labor bottleneck has an unusually long resolution lag.
Bears
Specialty E&C contracting is inherently fragmented with few durable barriers to entry, which drives intense competition and meaningful customer bargaining power.
News
Trading Information
- Previous Close Price
- $665.93
- Day Range
- $661.89–676.50
- 52-Week Range
- $564.92–951.96
- Bid/Ask
- $666.36 / $749.94
- Shares Outstanding
- 44.11M
- Market Cap
- $29.39B
- Volume/Avg
- 65 / 391,599
Key Statistics
- Price/Earnings (Normalized)
- 22.47
- Price/Sales
- 1.60
- Dividend Yield (Trailing)
- 0.24%
- Dividend Yield (Forward)
- 0.24%
- Dividend Payment Schedule
- Jan, Apr, Jul, Oct
- Total Yield
- 1.68%
Company Profile
Emcor designs, installs, and maintains a host of electrical and mechanical systems, including power, communications, HVAC, and plumbing, for a variety of customers, including data centers, semiconductor fabs, healthcare, and water treatment. It operates through more than 100 subsidiaries and actively pursues bolt-on acquisitions to expand into additional geographies in the USA.
- Sector
- Industrials
- Industry
- Engineering & Construction
- Stock Style Box
- Mid Growth
- Total Number of Employees
- 44,000
- Website
- https://www.emcorgroup.com
Competitors
Valuation
|
Metric
|
EME
|
JCI
|
PWR
|
|---|---|---|---|
Price/Earnings (Normalized) | 22.47 | 33.67 | 43.18 |
Price/Book Value | 7.23 | 6.94 | 9.03 |
Price/Sales | 1.60 | 3.71 | 2.67 |
Price/Cash Flow | 20.07 | 33.27 | 32.49 |
Price/Earnings
EME
JCI
PWR
Financial Strength
|
Metric
|
EME
|
JCI
|
PWR
|
|---|---|---|---|
Quick Ratio | 1.23 | 0.67 | 0.98 |
Current Ratio | 1.28 | 1.00 | 1.10 |
Interest Coverage | — | 13.92 | 6.92 |
Quick Ratio
EME
JCI
PWR
Profitability
|
Metric
|
EME
|
JCI
|
PWR
|
|---|---|---|---|
Return on Assets (Normalized) | 14.66% | 7.49% | 8.38% |
Return on Equity (Normalized) | 37.45% | 21.34% | 23.22% |
Return on Invested Capital (Normalized) | 32.40% | 13.00% | 15.09% |
Return on Assets
EME
JCI
PWR
Engineering & Construction Industry Comparables
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United States