(IESC) IES Holdings - Overview
Sector: Industrials | Industry: Engineering & Construction | Exchange: NASDAQ (USA) | Market Cap: 13.143m USD | Total Return: 164.2% in 12m
Avg Turnover: 140M
EPS Trend: 98.6%
Rev. Trend: 99.6%
Warnings
Earnings expected to drop: P/E 35.2 → Forward 208.3
Tailwinds
Supp Ema20, Rs Leader, Tailwind
IES Holdings, Inc. (IESC) is a diversified holding company providing electrical, technology, and infrastructure services across four primary segments: Communications, Residential, Infrastructure Solutions, and Commercial & Industrial. The company specializes in the design, installation, and maintenance of complex electrical systems, data center infrastructure, and residential HVAC and plumbing. Its Infrastructure Solutions division focuses on the manufacturing and repair of power distribution equipment, including custom bus ducts and electric motors.
Operating within the Construction & Engineering sub-industry, IES Holdings utilizes a decentralized business model that allows individual segments to target specific end-markets ranging from e-commerce distribution centers to multi-family housing. The company’s heavy involvement in data center build-outs positions it as a key service provider for the expanding digital infrastructure sector, which requires specialized high-voltage electrical expertise and precision cooling systems. Historically, firms in this sector benefit from long-term service contracts and repair cycles that provide recurring revenue streams alongside one-time construction projects.
Investors seeking a deeper quantitative perspective on the companys fundamentals may find ValueRays analytical tools useful for further due diligence.
- Hyperscale data center expansion drives high-margin Communications segment revenue growth
- New single-family housing starts directly impact Residential segment installation volumes
- Skilled labor shortages and wage inflation increase operational costs and compress margins
- Infrastructure Solutions performance relies on industrial demand for custom power distribution equipment
- Strategic acquisitions and capital allocation efficiency influence long-term shareholder value creation
| Net Income: 380.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.16 > 0.02 and ΔFCF/TA 3.08 > 1.0 |
| NWC/Revenue: 12.71% < 20% (prev 12.03%; Δ 0.68% < -1%) |
| CFO/TA 0.22 > 3% & CFO 433.9m > Net Income 380.5m |
| Net Debt (-83.8m) to EBITDA (487.1m): -0.17 < 3 |
| Current Ratio: 1.55 > 1.5 & < 3 |
| Outstanding Shares: last quarter (20.2m) vs 12m ago -0.13% < -2% |
| Gross Margin: 25.63% > 18% (prev 0.25%; Δ 2.54k% > 0.5%) |
| Asset Turnover: 216.3% > 50% (prev 229.2%; Δ -12.86% > 0%) |
| Interest Coverage Ratio: 157.2 > 6 (EBITDA TTM 487.1m / Interest Expense TTM 2.84m) |
| A: 0.23 (Total Current Assets 1.29b - Total Current Liabilities 833.0m) / Total Assets 1.99b |
| B: 0.50 (Retained Earnings 1.00b / Total Assets 1.99b) |
| C: 0.27 (EBIT TTM 447.0m / Avg Total Assets 1.68b) |
| D: 1.09 (Book Value of Equity 1.00b / Total Liabilities 916.8m) |
| Altman-Z'' = 6.09 = AAA |
| DSRI: 1.08 (Receivables 874.9m/698.9m, Revenue 3.63b/3.13b) |
| GMI: 0.96 (GM 25.63% / 24.56%) |
| AQI: 0.87 (AQ_t 0.14 / AQ_t-1 0.16) |
| SGI: 1.16 (Revenue 3.63b / 3.13b) |
| TATA: -0.03 (NI 380.5m - CFO 433.9m) / TA 1.99b) |
| Beneish M = -2.99 (Cap -4..+1) = A |
As of May 30, 2026, the stock is trading at USD 678.35 with a total of 340,428 shares traded.
Over the past week, the price has changed by +4.71%,
over one month by +18.59%,
over three months by +36.94% and
over the past year by +164.15%.
IES Holdings has no consensus analysts rating.
| Analysts Target Price | 700 | 3.2% |
P/E Trailing = 35.2189
P/E Forward = 208.3333
P/S = 3.6174
P/B = 12.2523
Revenue TTM = 3.63b USD
EBIT TTM = 447.0m USD
EBITDA TTM = 487.1m USD
Long Term Debt = 72.4m USD (estimated: total debt 107.4m - short term 35.0m)
Short Term Debt = 35.0m USD (from shortTermDebt, last quarter)
Debt = 179.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 72.4m
Net Debt = -83.8m USD (calculated: Debt 179.8m - CCE 263.6m)
Enterprise Value = 13.1b USD (13.1b + Debt 179.8m - CCE 263.6m)
Interest Coverage Ratio = 157.2 (Ebit TTM 447.0m / Interest Expense TTM 2.84m)
EV/FCF = 41.02x (Enterprise Value 13.1b / FCF TTM 318.4m)
FCF Yield = 2.44% (FCF TTM 318.4m / Enterprise Value 13.1b)
FCF Margin = 8.76% (FCF TTM 318.4m / Revenue TTM 3.63b)
Net Margin = 10.47% (Net Income TTM 380.5m / Revenue TTM 3.63b)
Gross Margin = 25.63% ((Revenue TTM 3.63b - Cost of Revenue TTM 2.70b) / Revenue TTM)
Gross Margin QoQ = 24.50% (prev 25.26%)
Tobins Q-Ratio = 6.55 (Enterprise Value 13.1b / Total Assets 1.99b)
Interest Expense / Debt = 1.58% (Interest Expense 2.84m / Debt 179.8m)
Taxrate = 25.76% (38.3m / 148.7m)
NOPAT = 331.9m (EBIT 447.0m * (1 - 25.76%))
Current Ratio = 1.55 (Total Current Assets 1.29b / Total Current Liabilities 833.0m)
Debt / Equity = 0.17 (Debt 179.8m / totalStockholderEquity, last quarter 1.07b)
Debt / EBITDA = -0.17 (Net Debt -83.8m / EBITDA 487.1m)
Debt / FCF = -0.26 (Net Debt -83.8m / FCF TTM 318.4m)
Total Stockholder Equity = 924.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 22.66% (Net Income 380.5m / Total Assets 1.99b)
RoE = 41.14% (Net Income TTM 380.5m / Total Stockholder Equity 924.8m)
RoCE = 44.82% (EBIT 447.0m / Capital Employed (Equity 924.8m + L.T.Debt 72.4m))
RoIC = 35.59% (NOPAT 331.9m / Invested Capital 932.4m)
WACC = 13.95% (E(13.1b)/V(13.3b) * Re(14.12%) + D(179.8m)/V(13.3b) * Rd(1.58%) * (1-Tc(0.26)))
Discount Rate = 14.12% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: -67.42 | Cagr: -0.54%
[DCF] Terminal Value 62.04% ; FCFF base≈261.4m ; Y1≈299.6m ; Y5≈441.0m
[DCF] Fair Price = 170.5 (EV 3.31b - Net Debt -83.8m = Equity 3.40b / Shares 19.9m; r=13.95% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 98.60 | EPS CAGR: 70.48% | SUE: N/A | # QB: 0
Revenue Correlation: 99.58 | Revenue CAGR: 18.49% | SUE: N/A | # QB: 0
EPS current Quarter (2026-06-30): EPS=4.83 | Chg30d=+7.10% | Revisions=+20% | Analysts=1
EPS current Year (2026-09-30): EPS=19.69 | Chg30d=+12.13% | Revisions=+20% | GrowthEPS=+31.1% | GrowthRev=+19.1%
EPS next Year (2027-09-30): EPS=22.20 | Chg30d=+9.63% | Revisions=+20% | GrowthEPS=+12.8% | GrowthRev=+17.4%