(LMB) Limbach Holdings - Overview

Sector: Industrials | Industry: Building Products & Equipment | Exchange: NASDAQ (USA) | Market Cap: 933m USD | Total Return: 6.4% in 12m

Mechanical, Electrical, Plumbing, Building
Total Rating 45
Safety 91
Buy Signal -0.73
Building Products & Equipment
Industry Rotation: +21.5
Market Cap: 933M
Avg Turnover: 15.1M USD
ATR: 5.57%
Peers RS (IBD): 12.5
Risk 5d forecast
Volatility58.4%
Rel. Tail Risk-1.33%
Reward TTM
Sharpe Ratio0.32
Alpha-25.73
Character TTM
Beta1.104
Beta Downside0.064
Drawdowns 3y
Max DD55.92%
CAGR/Max DD1.20
EPS (Earnings per Share) EPS (Earnings per Share) of LMB over the last years for every Quarter: "2021-03": -0.25, "2021-06": 0.07, "2021-09": 0.38, "2021-12": 0.48, "2022-03": 0.01, "2022-06": 0.08, "2022-09": 0.34, "2022-12": 0.35, "2023-03": 0.27, "2023-06": 0.46, "2023-09": 0.61, "2023-12": 0.44, "2024-03": 0.64, "2024-06": 0.5, "2024-09": 0.62, "2024-12": 1.15, "2025-03": 0.8475, "2025-06": 0.64, "2025-09": 1.05, "2025-12": 1.4, "2026-03": 0,
EPS CAGR: -21.18%
EPS Trend: 52.4%
Last SUE: -4.00
Qual. Beats: 0
Revenue Revenue of LMB over the last years for every Quarter: 2021-03: 113.344, 2021-06: 121.019, 2021-09: 129.177, 2021-12: 126.811, 2022-03: 114.822, 2022-06: 116.12, 2022-09: 122.357, 2022-12: 143.483, 2023-03: 121.009, 2023-06: 124.882, 2023-09: 127.768, 2023-12: 142.691, 2024-03: 118.976, 2024-06: 122.235, 2024-09: 133.92, 2024-12: 143.65, 2025-03: 133.108, 2025-06: 142.241, 2025-09: 184.583, 2025-12: 186.872, 2026-03: null,
Rev. CAGR: 13.87%
Rev. Trend: 74.5%
Last SUE: -1.52
Qual. Beats: 0

Warnings

Volatile

Tailwinds

No distinct edge detected

Description: LMB Limbach Holdings

Limbach Holdings Inc. is a US-based building systems solutions company. It operates in the Construction & Engineering sector, focusing on mechanical, electrical, and plumbing (MEP) services.

The company serves clients through General Contractor Relationships and Owner Direct Relationships. Its services include construction, renovation, maintenance, and energy efficiency solutions. The business model involves both project-based construction and ongoing service contracts.

Limbachs client base spans healthcare, education, entertainment, data centers, manufacturing, and life sciences. These sectors often require specialized MEP systems due to their operational complexities.

To gain a deeper understanding of LMBs financial performance and market position, consider exploring its detailed financials on ValueRay.

Headlines to Watch Out For
  • Commercial construction spending impacts mechanical, electrical, plumbing demand
  • Hospital and university project awards drive backlog growth
  • Labor and material costs pressure construction project margins
  • Interest rate hikes affect commercial real estate development
  • Data center and life sciences expansion fuels specialized services
Piotroski VR‑10 (Strict) 8.5
Net Income: 39.1m TTM > 0 and > 6% of Revenue
FCF/TA: 0.11 > 0.02 and ΔFCF/TA 2.68 > 1.0
NWC/Revenue: 9.27% < 20% (prev 13.36%; Δ -4.09% < -1%)
CFO/TA 0.12 > 3% & CFO 45.7m > Net Income 39.1m
Net Debt (44.5m) to EBITDA (70.2m): 0.63 < 3
Current Ratio: 1.44 > 1.5 & < 3
Outstanding Shares: last quarter (12.1m) vs 12m ago 0.34% < -2%
Gross Margin: 26.18% > 18% (prev 0.28%; Δ 2.59k% > 0.5%)
Asset Turnover: 176.4% > 50% (prev 147.3%; Δ 29.09% > 0%)
Interest Coverage Ratio: 14.25 > 6 (EBITDA TTM 70.2m / Interest Expense TTM 3.67m)
Altman Z'' 3.42
A: 0.16 (Total Current Assets 195.0m - Total Current Liabilities 135.1m) / Total Assets 381.1m
B: 0.26 (Retained Earnings 100.3m / Total Assets 381.1m)
C: 0.14 (EBIT TTM 52.3m / Avg Total Assets 366.6m)
D: 0.54 (Book Value of Equity 100.3m / Total Liabilities 185.5m)
Altman-Z'' Score: 3.42 = A
Beneish M -2.68
DSRI: 0.86 (Receivables 178.7m/167.2m, Revenue 646.8m/518.8m)
GMI: 1.06 (GM 26.18% / 27.81%)
AQI: 1.42 (AQ_t 0.32 / AQ_t-1 0.23)
SGI: 1.25 (Revenue 646.8m / 518.8m)
TATA: -0.02 (NI 39.1m - CFO 45.7m) / TA 381.1m)
Beneish M-Score: -2.68 (Cap -4..+1) = A
What is the price of LMB shares? As of April 12, 2026, the stock is trading at USD 82.59 with a total of 123,340 shares traded.
Over the past week, the price has changed by +3.10%, over one month by +2.67%, over three months by -0.19% and over the past year by +6.36%.
Is LMB a buy, sell or hold? Limbach Holdings has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy LMB.
  • StrongBuy: 2
  • Buy: 2
  • Hold: 0
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the LMB price?
Analysts Target Price 116.6 41.2%
Limbach Holdings (LMB) - Fundamental Data Overview as of 09 April 2026
P/E Trailing = 24.8199
P/E Forward = 18.5874
P/S = 1.4431
P/B = 4.8004
P/EG = 2.2891
Revenue TTM = 646.8m USD
EBIT TTM = 52.3m USD
EBITDA TTM = 70.2m USD
Long Term Debt = 9.65m USD (from longTermDebt, last quarter)
Short Term Debt = 9.41m USD (from shortTermDebt, last quarter)
Debt = 55.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 44.5m USD (from netDebt column, last quarter)
Enterprise Value = 977.9m USD (933.4m + Debt 55.9m - CCE 11.3m)
Interest Coverage Ratio = 14.25 (Ebit TTM 52.3m / Interest Expense TTM 3.67m)
EV/FCF = 23.34x (Enterprise Value 977.9m / FCF TTM 41.9m)
FCF Yield = 4.28% (FCF TTM 41.9m / Enterprise Value 977.9m)
FCF Margin = 6.48% (FCF TTM 41.9m / Revenue TTM 646.8m)
Net Margin = 6.04% (Net Income TTM 39.1m / Revenue TTM 646.8m)
Gross Margin = 26.18% ((Revenue TTM 646.8m - Cost of Revenue TTM 477.5m) / Revenue TTM)
Gross Margin QoQ = 27.02% (prev 22.91%)
Tobins Q-Ratio = 2.57 (Enterprise Value 977.9m / Total Assets 381.1m)
Interest Expense / Debt = 2.43% (Interest Expense 1.36m / Debt 55.9m)
Taxrate = 28.98% (5.02m / 17.3m)
NOPAT = 37.1m (EBIT 52.3m * (1 - 28.98%))
Current Ratio = 1.44 (Total Current Assets 195.0m / Total Current Liabilities 135.1m)
Debt / Equity = 0.29 (Debt 55.9m / totalStockholderEquity, last quarter 195.7m)
Debt / EBITDA = 0.63 (Net Debt 44.5m / EBITDA 70.2m)
Debt / FCF = 1.06 (Net Debt 44.5m / FCF TTM 41.9m)
Total Stockholder Equity = 177.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 10.65% (Net Income 39.1m / Total Assets 381.1m)
RoE = 22.04% (Net Income TTM 39.1m / Total Stockholder Equity 177.2m)
RoCE = 27.99% (EBIT 52.3m / Capital Employed (Equity 177.2m + L.T.Debt 9.65m))
RoIC = 19.14% (NOPAT 37.1m / Invested Capital 194.1m)
WACC = 9.41% (E(933.4m)/V(989.3m) * Re(9.87%) + D(55.9m)/V(989.3m) * Rd(2.43%) * (1-Tc(0.29)))
Discount Rate = 9.87% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.29%
[DCF] Terminal Value 71.65% ; FCFF base≈36.8m ; Y1≈33.3m ; Y5≈29.0m
[DCF] Fair Price = 31.69 (EV 414.6m - Net Debt 44.5m = Equity 370.1m / Shares 11.7m; r=9.41% [WACC]; 5y FCF grow -11.79% → 3.0% )
EPS Correlation: 52.44 | EPS CAGR: -21.18% | SUE: -4.0 | # QB: 0
Revenue Correlation: 74.48 | Revenue CAGR: 13.87% | SUE: -1.52 | # QB: 0
EPS next Quarter (2026-06-30): EPS=1.02 | Chg7d=+0.036 | Chg30d=-0.029 | Revisions Net=-2 | Analysts=5
EPS current Year (2026-12-31): EPS=4.50 | Chg7d=+0.000 | Chg30d=+0.051 | Revisions Net=-1 | Growth EPS=-0.1% | Growth Revenue=+14.8%
EPS next Year (2027-12-31): EPS=4.96 | Chg7d=+0.000 | Chg30d=-0.049 | Revisions Net=+0 | Growth EPS=+10.2% | Growth Revenue=+5.9%
[Analyst] Revisions Ratio: -1.00 (0 Up / 2 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 5.8% (Discount Rate 9.9% - Earnings Yield 4.0%)
[Growth] Growth Spread = +20.4% (Analyst 26.2% - Implied 5.8%)
External Resources
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