IESC Stock Analysis: IES Holdings | NASDAQ
Engineering & Construction | NASDAQ, USA | Market Cap: 12.474m USD | 12M Return: 45.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 141M
EPS Trend: 98.6%
Rev. Trend: 99.6%
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
IES Holdings, Inc. (NASDAQ: IESC) is a Houston-area–based holding company that designs, installs, and services electrical and technology systems for commercial, industrial, residential, and infrastructure customers across the United States. Founded in 1997 and previously known as Integrated Electrical Services, the company operates through multiple subsidiary-led segments, a structure common in the electrical contracting and specialty construction industry, allowing it to pursue different end markets while sharing centralized administrative and project management resources.
The business is organized into four reporting segments: Communications, which builds structured cabling, A/V, and low-voltage systems for data centers, healthcare, financial, and high-tech manufacturing facilities; Residential, which provides electrical, HVAC, plumbing, and solar installations for single- and multi-family housing; Infrastructure Solutions, which repairs motors, generators, and power distribution equipment and manufactures custom bus duct, generator enclosures, and industrial magnets; and Commercial & Industrial, which delivers electrical and mechanical design, construction, and maintenance for office buildings, data centers, renewable energy facilities, and healthcare projects. The company is classified within the Industrials sector under Construction & Engineering and maintains its headquarters in Sugar Land, Texas.
- Data center demand lifts Communications segment revenue and backlog
- Residential housing weakness pressures single-family installation revenue
- Commercial and Industrial margins benefit from data center project mix
| 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 (525.0m): -0.16 < 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 24.56%; Δ 1.08% > 0.5%) |
| Asset Turnover: 216.3% > 50% (prev 229.2%; Δ -12.86% > 0%) |
| Interest Coverage Ratio: 170.6 > 6 (EBIT TTM 484.9m / 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: 0.29 (EBIT TTM 484.9m / Avg Total Assets 1.68b) |
| D: 1.17 (Book Value of Equity 1.07b / Total Liabilities 916.8m) |
| Altman-Z'' = 6.33 = AAA |
| DSRI: 1.08 (Receivables 874.9m/698.9m, Revenue 3.63b/3.13b) |
| GMI: 0.96 (GM 24.56% / 25.63%) |
| 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 = -2.97 (Cap -4..+1) = A |
As of July 30, 2026, the stock is trading at USD 496.22 with a total of 194,609 shares traded. Over the past week, the price has changed by -26.40%, over one month by -31.36%, over three months by -13.25% and over the past year by +45.54%.
Current recommended Stop Loss: 441.50 (which is 11% or 1.2 ATR below the current price).
IES Holdings has no consensus analysts rating.
| Analysts Target Price | 700 | 41.1% |
P/E Trailing = 33.3371
P/E Forward = 208.3333
P/S = 3.4333
P/B = 11.6258
Revenue TTM = 3.63b USD
EBIT TTM = 484.9m USD
EBITDA TTM = 525.0m 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 = 12.4b USD (12.5b + Debt 179.8m - CCE 263.6m)
Interest Coverage Ratio = 170.6 (Ebit TTM 484.9m / Interest Expense TTM 2.84m)
EV/FCF = 38.92x (Enterprise Value 12.4b / FCF TTM 318.4m)
FCF Yield = 2.57% (FCF TTM 318.4m / Enterprise Value 12.4b)
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 = 6.21 (Enterprise Value 12.4b / Total Assets 1.99b)
Interest Expense / Debt = 1.58% (Interest Expense 2.84m / Debt 179.8m)
Taxrate = 23.43% (117.4m / 501.2m)
NOPAT = 371.3m (EBIT 484.9m * (1 - 23.43%))
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 = -0.16 (Net Debt -83.8m / EBITDA 525.0m)
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 = 48.62% (EBIT 484.9m / Capital Employed (Equity 924.8m + L.T.Debt 72.4m))
RoIC = 36.60% (NOPAT 371.3m / Invested Capital 1.01b)
WACC = 14.16% (E(12.5b)/V(12.7b) * Re(14.35%) + D(179.8m)/V(12.7b) * Rd(1.58%) * (1-Tc(0.23)))
Discount Rate = 14.35% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: -88.61 | Cagr: -0.54%
[DCF] Terminal Value 61.50% ; FCFF base≈261.4m ; Y1≈299.6m ; Y5≈441.0m
[DCF] Fair Price = 167.3 (EV 3.25b - Net Debt -83.8m = Equity 3.33b / Shares 19.9m; r=14.16% [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=+25% | Analysts=1
EPS current Year (2026-09-30): EPS=19.69 | Chg30d=+12.13% | Revisions=+25% | GrowthEPS=+31.1% | GrowthRev=+19.1%
EPS next Year (2027-09-30): EPS=22.20 | Chg30d=+9.63% | Revisions=+25% | GrowthEPS=+12.8% | GrowthRev=+17.4%