IESC Stock Analysis: IES Holdings | NASDAQ
Engineering & Construction | NASDAQ, USA | Market Cap: 12.795m USD | 12M Return: 50.2% | US44951W1062 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 75.7M
EPS Trend: 98.8%
Qual. Beats: 1
Rev. Trend: 99.6%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 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: 456.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA -2.57 > 1.0 |
| NWC/Revenue: 14.88% < 20% (prev 14.35%; Δ 0.53% < -1%) |
| CFO/TA 0.16 > 3% & CFO 371.4m > Net Income 456.2m |
| Net Debt (-310.9m) to EBITDA (599.7m): -0.52 < 3 |
| Current Ratio: 1.63 > 1.5 & < 3 |
| Outstanding Shares: last quarter (40.4m) vs 12m ago -0.08% < -2% |
| Gross Margin: 25.90% > 18% (prev 25.02%; Δ 0.89% > 0.5%) |
| Asset Turnover: 212.8% > 50% (prev 221.1%; Δ -8.26% > 0%) |
| Interest Coverage Ratio: 167.1 > 6 (EBIT TTM 554.2m / Interest Expense TTM 3.32m) |
| A: 0.26 (Total Current Assets 1.53b - Total Current Liabilities 941.7m) / Total Assets 2.28b |
| B: 0.51 (Retained Earnings 1.15b / Total Assets 2.28b) |
| C: 0.30 (EBIT TTM 554.2m / Avg Total Assets 1.87b) |
| D: 1.18 (Book Value of Equity 1.23b / Total Liabilities 1.04b) |
| Altman-Z'' = 6.59 = AAA |
| DSRI: 1.13 (Receivables 982.0m/708.7m, Revenue 3.99b/3.25b) |
| GMI: 0.97 (GM 25.02% / 25.90%) |
| AQI: 0.85 (AQ_t 0.12 / AQ_t-1 0.15) |
| SGI: 1.23 (Revenue 3.99b / 3.25b) |
| TATA: 0.04 (NI 456.2m - CFO 371.4m) / TA 2.28b) |
| Beneish M = -2.88 (Cap -4..+1) = A |
As of October 09, 2026, the stock is trading at USD 300.43 with a total of 375,604 shares traded. Over the past week, the price has changed by -9.00%, over one month by -12.36%, over three months by -2.98% and over the past year by +50.21%.
Current recommended Stop Loss: 273.10 (which is 9.1% or 1.2 ATR below the current price).
IES Holdings has no consensus analysts rating.
| Analysts Target Price | 440 | 46.5% |
P/E Trailing = 28.4898
P/E Forward = 208.3333
P/S = 3.2101
P/B = 10.3602
Revenue TTM = 3.99b USD
EBIT TTM = 554.2m USD
EBITDA TTM = 599.7m USD
Long Term Debt = unknown (none)
Short Term Debt = 30.3m USD (from shortTermDebt, last fiscal year)
Debt = 76.9m USD (from shortLongTermDebtTotal, last quarter) (leases 76.9m already included)
Net Debt = -310.9m USD (calculated: Debt 76.9m - CCE 387.9m)
Enterprise Value = 12.5b USD (12.8b + Debt 76.9m - CCE 387.9m)
Interest Coverage Ratio = 167.1 (Ebit TTM 554.2m / Interest Expense TTM 3.32m)
EV/FCF = 54.66x (Enterprise Value 12.5b / FCF TTM 228.4m)
FCF Yield = 1.83% (FCF TTM 228.4m / Enterprise Value 12.5b)
FCF Margin = 5.73% (FCF TTM 228.4m / Revenue TTM 3.99b)
Net Margin = 11.45% (Net Income TTM 456.2m / Revenue TTM 3.99b)
Gross Margin = 25.90% ((Revenue TTM 3.99b - Cost of Revenue TTM 2.95b) / Revenue TTM)
Gross Margin QoQ = 27.41% (prev 24.50%)
Tobins Q-Ratio = 5.49 (Enterprise Value 12.5b / Total Assets 2.28b)
Interest Expense / Debt = 4.31% (Interest Expense 3.32m / Debt 76.9m)
Taxrate = 23.32% (139.3m / 597.3m)
NOPAT = 425.0m (EBIT 554.2m * (1 - 23.32%))
Current Ratio = 1.63 (Total Current Assets 1.53b / Total Current Liabilities 941.7m)
Debt / Equity = 0.06 (Debt 76.9m / totalStockholderEquity, last quarter 1.23b)
Debt / EBITDA = -0.52 (Net Debt -310.9m / EBITDA 599.7m)
Debt / FCF = -1.36 (Net Debt -310.9m / FCF TTM 228.4m)
Total Stockholder Equity = 1.04b (last 4 quarters mean from totalStockholderEquity)
RoA = 24.36% (Net Income 456.2m / Total Assets 2.28b)
RoE = 44.00% (Net Income TTM 456.2m / Total Stockholder Equity 1.04b)
RoCE = 41.55% (EBIT 554.2m / Capital Employed (Total Assets 2.28b - Current Liab 941.7m))
RoIC = 36.48% (NOPAT 425.0m / Invested Capital 1.17b)
WACC = 17.40% (E(12.8b)/V(12.9b) * Re(17.48%) + D(76.9m)/V(12.9b) * Rd(4.31%) * (1-Tc(0.23)))
Discount Rate = 17.48% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: -85.28 | Cagr: -0.61%
[DCF] Terminal Value 54.13% ; FCFF base≈211.2m ; Y1≈242.1m ; Y5≈356.3m
[DCF] Fair Price = 58.78 (EV 2.03b - Net Debt -310.9m = Equity 2.34b / Shares 39.8m; r=17.40% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 98.78 | EPS CAGR: 66.19% | SUE: 2.46 | # QB: 1
Revenue Correlation: 99.56 | Revenue CAGR: 19.64% | SUE: 0.11 | # QB: 0
EPS current Quarter (2026-12-31): EPS=2.68 | Chg30d=+0.19% | Revisions=+25% | Analysts=1
EPS current Year (2026-09-30): EPS=11.57 | Chg30d=+0.00% | Revisions=+25% | GrowthEPS=+54.1% | GrowthRev=+25.6%
EPS next Year (2027-09-30): EPS=13.51 | Chg30d=+0.37% | Revisions=+25% | GrowthEPS=+16.8% | GrowthRev=+48.1%