(WLDN) Willdan - Overview
Sector: Industrials | Industry: Engineering & Construction | Exchange: NASDAQ (USA) | Market Cap: 1.414m USD | Total Return: 74% in 12m
Avg Turnover: 30.4M
EPS Trend: 98.7%
Qual. Beats: 0
Rev. Trend: 98.8%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Willdan Group, Inc. (WLDN) is a professional services firm providing technical consulting, engineering, and data analytics across two primary segments: Energy and Engineering and Consulting. The company specializes in infrastructure modernization, grid optimization, and municipal engineering for public agencies, utilities, and commercial clients. Founded in 1964, the firm operates primarily within the United States, supporting large-scale projects ranging from disaster recovery to AI data center power solutions.
The business model relies heavily on long-term government and utility contracts, which often provide more stable revenue streams compared to purely private-sector consulting. Within the Research & Consulting Services sub-industry, firms like Willdan benefit from increasing federal and state mandates for energy efficiency and decarbonization. These regulatory drivers create consistent demand for specialized measurement, verification, and program management services.
Investors can further evaluate these industry tailwinds and financial metrics on ValueRay. The Engineering and Consulting segment complements these energy initiatives by providing essential municipal services, including urban planning, code enforcement, and water resource management. This diversification allows the company to serve as a comprehensive partner for public-sector infrastructure and financial consulting needs.
- Utility energy efficiency program renewals drive long-term recurring revenue stability
- Federal infrastructure spending and decarbonization mandates accelerate engineering project backlogs
- AI data center power demand increases specialized consulting and grid optimization revenue
- Municipal budget constraints and high interest rates impact local government consulting demand
- Decarbonization policy shifts at state levels influence energy segment contract volume
| Net Income: 56.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 0.04 > 1.0 |
| NWC/Revenue: 12.99% < 20% (prev 12.56%; Δ 0.43% < -1%) |
| CFO/TA 0.10 > 3% & CFO 52.4m > Net Income 56.4m |
| Net Debt (57.5m) to EBITDA (65.7m): 0.87 < 3 |
| Current Ratio: 1.68 > 1.5 & < 3 |
| Outstanding Shares: last quarter (15.4m) vs 12m ago 5.21% < -2% |
| Gross Margin: 38.17% > 18% (prev 0.35%; Δ 3.78k% > 0.5%) |
| Asset Turnover: 139.2% > 50% (prev 126.4%; Δ 12.81% > 0%) |
| Interest Coverage Ratio: 9.63 > 6 (EBITDA TTM 65.7m / Interest Expense TTM 4.78m) |
| A: 0.17 (Total Current Assets 220.4m - Total Current Liabilities 131.5m) / Total Assets 511.7m |
| B: 0.19 (Retained Earnings 98.2m / Total Assets 511.7m) |
| C: 0.09 (EBIT TTM 46.0m / Avg Total Assets 491.4m) |
| D: 0.49 (Book Value of Equity 98.2m / Total Liabilities 201.3m) |
| Altman-Z'' = 2.91 = A |
| DSRI: 1.03 (Receivables 178.4m/151.5m, Revenue 684.3m/595.7m) |
| GMI: 0.92 (GM 38.17% / 35.15%) |
| AQI: 0.97 (AQ_t 0.47 / AQ_t-1 0.49) |
| SGI: 1.15 (Revenue 684.3m / 595.7m) |
| TATA: 0.01 (NI 56.4m - CFO 52.4m) / TA 511.7m) |
| Beneish M = -2.98 (Cap -4..+1) = A |
As of May 25, 2026, the stock is trading at USD 93.55 with a total of 221,744 shares traded.
Over the past week, the price has changed by +1.55%,
over one month by +20.01%,
over three months by -16.23% and
over the past year by +73.95%.
Willdan has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy WLDN.
- StrongBuy: 1
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 137.5 | 47% |
P/E Trailing = 25.1479
P/E Forward = 18.9036
P/S = 2.0024
P/B = 4.5087
P/EG = 0.4763
Revenue TTM = 684.3m USD
EBIT TTM = 46.0m USD
EBITDA TTM = 65.7m USD
Long Term Debt = 45.4m USD (from longTermDebt, last quarter)
Short Term Debt = 8.51m USD (from shortTermDebt, last quarter)
Debt = 91.0m USD (from shortLongTermDebtTotal, last quarter) + Leases 21.6m
Net Debt = 57.5m USD (calculated: Debt 91.0m - CCE 33.6m)
Enterprise Value = 1.47b USD (1.41b + Debt 91.0m - CCE 33.6m)
Interest Coverage Ratio = 9.63 (Ebit TTM 46.0m / Interest Expense TTM 4.78m)
EV/FCF = 33.97x (Enterprise Value 1.47b / FCF TTM 43.3m)
FCF Yield = 2.94% (FCF TTM 43.3m / Enterprise Value 1.47b)
FCF Margin = 6.33% (FCF TTM 43.3m / Revenue TTM 684.3m)
Net Margin = 8.24% (Net Income TTM 56.4m / Revenue TTM 684.3m)
Gross Margin = 38.17% ((Revenue TTM 684.3m - Cost of Revenue TTM 423.1m) / Revenue TTM)
Gross Margin QoQ = 40.72% (prev 36.05%)
Tobins Q-Ratio = 2.87 (Enterprise Value 1.47b / Total Assets 511.7m)
Interest Expense / Debt = 5.25% (Interest Expense 4.78m / Debt 91.0m)
Taxrate = 21.0% (US default 21%)
NOPAT = 36.4m (EBIT 46.0m * (1 - 21.00%))
Current Ratio = 1.68 (Total Current Assets 220.4m / Total Current Liabilities 131.5m)
Debt / Equity = 0.29 (Debt 91.0m / totalStockholderEquity, last quarter 310.3m)
Debt / EBITDA = 0.87 (Net Debt 57.5m / EBITDA 65.7m)
Debt / FCF = 1.33 (Net Debt 57.5m / FCF TTM 43.3m)
Total Stockholder Equity = 291.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 11.48% (Net Income 56.4m / Total Assets 511.7m)
RoE = 19.38% (Net Income TTM 56.4m / Total Stockholder Equity 291.1m)
RoCE = 13.69% (EBIT 46.0m / Capital Employed (Equity 291.1m + L.T.Debt 45.4m))
RoIC = 9.36% (NOPAT 36.4m / Invested Capital 388.7m)
WACC = 8.39% (E(1.41b)/V(1.50b) * Re(8.66%) + D(91.0m)/V(1.50b) * Rd(5.25%) * (1-Tc(0.21)))
Discount Rate = 8.66% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 100.00 | Cagr: 5.20%
[DCF] Terminal Value 76.44% ; FCFF base≈41.9m ; Y1≈45.2m ; Y5≈55.4m
[DCF] Fair Price = 52.02 (EV 843.5m - Net Debt 57.5m = Equity 786.0m / Shares 15.1m; r=8.39% [WACC]; 5y FCF grow 9.13% → 2.50% )
EPS Correlation: 98.68 | EPS CAGR: 66.90% | SUE: -0.08 | # QB: 0
Revenue Correlation: 98.75 | Revenue CAGR: 16.02% | SUE: -0.52 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.22 | Chg30d=-11.96% | Revisions=-20% | Analysts=2
EPS next Quarter (2026-09-30): EPS=1.41 | Chg30d=-1.06% | Revisions=-20% | Analysts=2
EPS current Year (2026-12-31): EPS=4.93 | Chg30d=+7.05% | Revisions=+20% | GrowthEPS=+0.9% | GrowthRev=+16.0%
EPS next Year (2027-12-31): EPS=5.30 | Chg30d=+8.61% | Revisions=+20% | GrowthEPS=+7.4% | GrowthRev=+14.8%
[Analyst] Revisions Ratio: -20%