(LMB) Limbach Holdings - Ratings and Ratios
Mechanical, Electrical, Plumbing, Consultation, Energy
Dividends
Currently no dividends paid| Risk via 10d forecast | |
|---|---|
| Volatility | 55.7% |
| Value at Risk 5%th | 87.1% |
| Relative Tail Risk | -4.83% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.17 |
| Alpha | -35.07 |
| CAGR/Max DD | 1.62 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.580 |
| Beta | 1.161 |
| Beta Downside | 1.158 |
| Drawdowns 3y | |
|---|---|
| Max DD | 55.92% |
| Mean DD | 11.18% |
| Median DD | 6.50% |
Description: LMB Limbach Holdings November 12, 2025
Limbach Holdings, Inc. (NASDAQ:LMB) is a U.S.-based building-systems contractor that delivers mechanical, electrical, and plumbing (MEP) services across two primary channels: General Contractor Relationships and Owner-Direct Relationships. Its portfolio spans new construction and renovation projects for hospitals, universities, data centers, manufacturing plants, life-science labs, and entertainment venues, complemented by consultative services such as energy-efficiency retrofits, equipment rentals, and decarbonization roadmaps.
Key operating metrics from the most recent fiscal year show revenue of roughly **$620 million**, a **backlog of about $1.1 billion**, and an **adjusted EBITDA margin near 6 %**. The business is sensitive to macro-level drivers like the **U.S. healthcare construction spend**, which has risen >4 % YoY, and the **data-center capex boom**, projected to exceed $200 billion through 2027. Additionally, ESG-related decarbonization mandates are accelerating demand for the firm’s energy-efficiency and retrofit solutions, a trend that historically lifts contract values by 5-10 %.
If you’re looking to dig deeper into how Limbach’s niche positioning and financial profile compare with peers, a quick glance at ValueRay’s analyst toolkit can surface the most relevant valuation and risk metrics.
Piotroski VR‑10 (Strict, 0-10) 7.0
| Net Income (36.6m TTM) > 0 and > 6% of Revenue (6% = 36.2m TTM) |
| FCFTA 0.08 (>2.0%) and ΔFCFTA 0.21pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 10.87% (prev 15.24%; Δ -4.38pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.09 (>3.0%) and CFO 36.9m > Net Income 36.6m (YES >=105%, WARN >=100%) |
| Net Debt (72.9m) to EBITDA (64.3m) ratio: 1.13 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.43 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (12.1m) change vs 12m ago 0.67% (target <= -2.0% for YES) |
| Gross Margin 26.91% (prev 25.88%; Δ 1.03pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 164.6% (prev 159.6%; Δ 4.95pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 16.96 (EBITDA TTM 64.3m / Interest Expense TTM 2.81m) >= 6 (WARN >= 3) |
Altman Z'' 3.03
| (A) 0.16 = (Total Current Assets 216.8m - Total Current Liabilities 151.2m) / Total Assets 409.1m |
| (B) 0.22 = Retained Earnings (Balance) 88.0m / Total Assets 409.1m |
| (C) 0.13 = EBIT TTM 47.6m / Avg Total Assets 366.8m |
| (D) 0.39 = Book Value of Equity 88.0m / Total Liabilities 227.6m |
| Total Rating: 3.03 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 79.95
| 1. Piotroski 7.0pt |
| 2. FCF Yield 3.50% |
| 3. FCF Margin 5.30% |
| 4. Debt/Equity 0.46 |
| 5. Debt/Ebitda 1.13 |
| 6. ROIC - WACC (= 8.69)% |
| 7. RoE 21.96% |
| 8. Rev. Trend 64.72% |
| 9. EPS Trend 67.17% |
What is the price of LMB shares?
Over the past week, the price has changed by +3.00%, over one month by -3.40%, over three months by -28.30% and over the past year by -19.63%.
Is LMB a buy, sell or hold?
- Strong Buy: 2
- Buy: 2
- Hold: 0
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the LMB price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 126.3 | 66.2% |
| Analysts Target Price | 126.3 | 66.2% |
| ValueRay Target Price | 116.4 | 53.3% |
LMB Fundamental Data Overview December 05, 2025
P/E Trailing = 23.8284
P/E Forward = 16.1812
P/S = 1.3908
P/B = 4.6235
P/EG = 2.2891
Beta = 1.225
Revenue TTM = 603.6m USD
EBIT TTM = 47.6m USD
EBITDA TTM = 64.3m USD
Long Term Debt = 34.1m USD (from longTermDebt, last quarter)
Short Term Debt = 9.54m USD (from shortTermDebt, last quarter)
Debt = 82.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 72.9m USD (from netDebt column, last quarter)
Enterprise Value = 912.3m USD (839.5m + Debt 82.8m - CCE 9.88m)
Interest Coverage Ratio = 16.96 (Ebit TTM 47.6m / Interest Expense TTM 2.81m)
FCF Yield = 3.50% (FCF TTM 32.0m / Enterprise Value 912.3m)
FCF Margin = 5.30% (FCF TTM 32.0m / Revenue TTM 603.6m)
Net Margin = 6.06% (Net Income TTM 36.6m / Revenue TTM 603.6m)
Gross Margin = 26.91% ((Revenue TTM 603.6m - Cost of Revenue TTM 441.2m) / Revenue TTM)
Gross Margin QoQ = 22.91% (prev 28.00%)
Tobins Q-Ratio = 2.23 (Enterprise Value 912.3m / Total Assets 409.1m)
Interest Expense / Debt = 1.48% (Interest Expense 1.22m / Debt 82.8m)
Taxrate = 30.00% (3.77m / 12.6m)
NOPAT = 33.3m (EBIT 47.6m * (1 - 30.00%))
Current Ratio = 1.43 (Total Current Assets 216.8m / Total Current Liabilities 151.2m)
Debt / Equity = 0.46 (Debt 82.8m / totalStockholderEquity, last quarter 181.6m)
Debt / EBITDA = 1.13 (Net Debt 72.9m / EBITDA 64.3m)
Debt / FCF = 2.28 (Net Debt 72.9m / FCF TTM 32.0m)
Total Stockholder Equity = 166.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 8.95% (Net Income 36.6m / Total Assets 409.1m)
RoE = 21.96% (Net Income TTM 36.6m / Total Stockholder Equity 166.7m)
RoCE = 23.70% (EBIT 47.6m / Capital Employed (Equity 166.7m + L.T.Debt 34.1m))
RoIC = 18.15% (NOPAT 33.3m / Invested Capital 183.5m)
WACC = 9.46% (E(839.5m)/V(922.2m) * Re(10.29%) + D(82.8m)/V(922.2m) * Rd(1.48%) * (1-Tc(0.30)))
Discount Rate = 10.29% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.29%
[DCF Debug] Terminal Value 67.54% ; FCFE base≈29.0m ; Y1≈25.0m ; Y5≈19.7m
Fair Price DCF = 21.69 (DCF Value 252.2m / Shares Outstanding 11.6m; 5y FCF grow -16.92% → 3.0% )
EPS Correlation: 67.17 | EPS CAGR: 23.21% | SUE: -0.64 | # QB: 0
Revenue Correlation: 64.72 | Revenue CAGR: 10.53% | SUE: 0.01 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.87 | Chg30d=+0.000 | Revisions Net=+0 | Analysts=2
EPS next Year (2026-12-31): EPS=4.41 | Chg30d=-0.338 | Revisions Net=-3 | Growth EPS=+7.6% | Growth Revenue=+13.3%
Additional Sources for LMB Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle