IESC Stock Analysis: IES Holdings | NASDAQ

Communications Infrastructure, Electrical Installation, Power Equipment, Solar

Total Rating 75

Safety 88

Buy Signal 0.34

Engineering & Construction
Industry Rotation: -0.9

Market Cap: 12.7B
Avg Turnover: 75.2M

Risk 3d forecast

Volatility75.9%

VaR 5^th Pctl12.4%

VaR vs Median-0.48%

Reward TTM

Sharpe Ratio0.85

Rel. Str. IBD80.3

Rel. Str. Peer Group88

Character TTM

Beta3.266

Beta Downside2.322

Hurst Exponent0.426

Drawdowns 3y

Max DD49.23%

CAGR/Max DD2.29

CAGR/Mean DD9.69

EPS (Earnings per Share)

EPS CAGR: 66.19%
EPS Trend: 98.8%

Last SUE: 2.46
Qual. Beats: 1

Revenue

Rev. CAGR: 19.64%
Rev. Trend: 99.6%

Last SUE: 0.11
Qual. Beats: 0

Warnings

Earnings Expected To Drop (P/E To P/E Forward)

Below Avwap Earnings

Tailwinds

Idiosyncratic Leader

Seasonality 11.7 years of data

Jan -1.0% 20

Feb -5.3% 6

Mar -1.5% 31

Apr +0.2% 7

May +4.4% 33

Jun +0.9% 10

Jul -0.3% 7

Aug -0.2% 7

Sep -0.0% 5

Oct -6.0% 29

Nov +5.8% 16

Dec +2.4% 14

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.

Description: IESC IES Holdings

IES Holdings, Inc. (NASDAQ: IESC) is a U.S.-based provider of integrated electrical and technology systems, infrastructure products, and related services, operating through four reporting segments: Communications, Residential, Infrastructure Solutions, and Commercial & Industrial. The Communications segment focuses on data center buildouts, structured cabling, and AV/security systems for enterprise customers; the Residential segment serves single- and multi-family housing with electrical, HVAC, plumbing, and solar installations; the Infrastructure Solutions segment services and manufactures power distribution, generator, and motor-related equipment; and the Commercial & Industrial segment delivers electrical and mechanical design and construction for office, healthcare, data center, and renewable energy facilities. Headquartered in Sugar Land, Texas, the company was incorporated in 1997 and rebranded from Integrated Electrical Services in 2016.

Operating within the Industrials sector and the Construction & Engineering sub-industry, IES Holdings benefits from a diversified end-market exposure that spans cyclical drivers (such as data center and renewable energy construction) and more stable recurring revenue streams (such as motor/generator maintenance and repair services). This multi-segment structure is characteristic of larger electrical contractors, which often segment operations to manage distinct labor pools, customer relationships, and project risk profiles across residential, commercial, and industrial markets.

Headlines to Watch Out For

Data center demand accelerates Communications segment revenue
Federal infrastructure spending lifts Commercial & Industrial backlog
Copper and steel input costs squeeze project margins

Piotroski VR-10 (Strict) 5.5

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 (612.2m): -0.51 < 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)

Altman Z'' 6.59

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

Beneish M -2.88

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

What is the price of IESC shares?

As of October 12, 2026, the stock is trading at USD 297.52 with a total of 194,670 shares traded. Over the past week, the price has changed by -12.32%, over one month by -8.36%, over three months by -7.43% and over the past year by +50.31%.

Current recommended Stop Loss: 270.60 (which is 9% or 1.2 ATR below the current price).

Is IESC a buy, sell or hold?

IES Holdings has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy IESC.

StrongBuy: 1
Buy: 0
Hold: 0
Sell: 0
StrongSell: 0

What are the forecasts/targets for the IESC price?

Analysts Target Price	440	47.9%

IES Holdings (IESC) - Fundamental Data Overview as of 10 October 2026

Market Cap USD = 12.7b (12.7b USD * 1.0 USD.USD)
P/E Trailing = 26.6812
P/E Forward = 208.3333
P/S = 3.1963
P/B = 10.3602
Revenue TTM = 3.99b USD
EBIT TTM = 554.2m USD
EBITDA TTM = 612.2m 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 = 12.4b USD (12.7b + Debt 76.9m - CCE 387.9m)
Interest Coverage Ratio = 167.1 (Ebit TTM 554.2m / Interest Expense TTM 3.32m)
EV/FCF = 54.42x (Enterprise Value 12.4b / FCF TTM 228.4m)
FCF Yield = 1.84% (FCF TTM 228.4m / Enterprise Value 12.4b)
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 = 5.46 (Enterprise Value 12.4b / 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 = -0.51 (Net Debt -310.9m / EBITDA 612.2m)
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 = 17.38% (E(12.7b)/V(12.8b) * Re(17.47%) + D(76.9m)/V(12.8b) * Rd(4.31%) * (1-Tc(0.23)))
Discount Rate = 17.47% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: -85.28 | Cagr: -0.61%
[DCF] Terminal Value 54.15% ; FCFF base≈211.2m ; Y1≈242.1m ; Y5≈356.3m
[DCF] Fair Price = 55.27 (EV 2.03b - Net Debt -310.9m = Equity 2.34b / Shares 42.4m; r=17.38% [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%