(ECG) Everus Construction - Overview
Sector: Industrials | Industry: Engineering & Construction | Exchange: NYSE (USA) | Market Cap: 7.587m USD | Total Return: 150% in 12m
Avg Turnover: 91.8M
Qual. Beats: 0
Rev. Trend: 86.3%
Qual. Beats: 1
Warnings
Below Avwap Earnings
Tailwinds
Leader, Confidence
Everus Construction Group, Inc. (ECG) is a Bismarck, North Dakota-based firm specializing in electrical, mechanical, and infrastructure contracting services across the United States. Spun off from MDU Resources Group in late 2024, the company operates through two primary segments: Electrical & Mechanical and Transmission & Distribution. Its service portfolio includes the installation and maintenance of electrical wiring, fire suppression systems, and gas infrastructure for a diverse client base spanning the utility, industrial, and governmental sectors.
The company operates within the specialized construction and engineering sector, which currently benefits from increased federal investment in grid modernization and renewable energy integration. Unlike general contractors, firms in this space require high levels of technical certification and specialized equipment to service high-voltage transmission lines and complex mechanical piping systems. For a deeper look into the companys valuation metrics relative to its peers, consider reviewing the data on ValueRay.
- Federal infrastructure spending levels dictate long-term backlog growth for utility projects
- Labor availability and wage inflation pressure margins across specialized contracting segments
- Renewable energy grid integration demand drives transmission and distribution segment revenue
- Utility capital expenditure cycles influence volume of electrical and gas maintenance contracts
- Raw material price volatility for electrical components impacts fixed-price project profitability
| Net Income: 223.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 5.55 > 1.0 |
| NWC/Revenue: 15.60% < 20% (prev 13.93%; Δ 1.67% < -1%) |
| CFO/TA 0.16 > 3% & CFO 293.4m > Net Income 223.4m |
| Net Debt (102.1m) to EBITDA (342.8m): 0.30 < 3 |
| Current Ratio: 1.77 > 1.5 & < 3 |
| Outstanding Shares: last quarter (51.2m) vs 12m ago 0.19% < -2% |
| Gross Margin: 12.44% > 18% (prev 0.12%; Δ 1.23k% > 0.5%) |
| Asset Turnover: 247.0% > 50% (prev 225.0%; Δ 22.02% > 0%) |
| Interest Coverage Ratio: 16.89 > 6 (EBITDA TTM 342.8m / Interest Expense TTM 18.5m) |
| A: 0.33 (Total Current Assets 1.42b - Total Current Liabilities 804.0m) / Total Assets 1.85b |
| B: 0.29 (Retained Earnings 544.1m / Total Assets 1.85b) |
| C: 0.20 (EBIT TTM 312.8m / Avg Total Assets 1.60b) |
| D: 0.47 (Book Value of Equity 544.6m / Total Liabilities 1.16b) |
| Altman-Z'' = 4.96 = AAA |
| DSRI: 0.74 (Receivables 781.6m/814.7m, Revenue 3.96b/3.05b) |
| GMI: 0.94 (GM 12.44% / 11.71%) |
| AQI: 0.73 (AQ_t 0.09 / AQ_t-1 0.13) |
| SGI: 1.30 (Revenue 3.96b / 3.05b) |
| TATA: -0.04 (NI 223.4m - CFO 293.4m) / TA 1.85b) |
| Beneish M = -3.28 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at USD 148.65 with a total of 326,650 shares traded.
Over the past week, the price has changed by -5.15%,
over one month by +9.25%,
over three months by +42.64% and
over the past year by +150.04%.
Everus Construction has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy ECG.
- StrongBuy: 2
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 168.6 | 13.4% |
P/E Trailing = 34.016
P/E Forward = 36.2319
P/S = 1.9442
P/B = 11.1981
Revenue TTM = 3.96b USD
EBIT TTM = 312.8m USD
EBITDA TTM = 342.8m USD
Long Term Debt = 263.0m USD (from longTermDebt, last quarter)
Short Term Debt = 47.9m USD (from shortTermDebt, last quarter)
Debt = 395.5m USD (corrected: LT Debt 263.0m + ST Debt 47.9m) + Leases 84.6m
Net Debt = 102.1m USD (calculated: Debt 395.5m - CCE 293.4m)
Enterprise Value = 7.69b USD (7.59b + Debt 395.5m - CCE 293.4m)
Interest Coverage Ratio = 16.89 (Ebit TTM 312.8m / Interest Expense TTM 18.5m)
EV/FCF = 33.49x (Enterprise Value 7.69b / FCF TTM 229.6m)
FCF Yield = 2.99% (FCF TTM 229.6m / Enterprise Value 7.69b)
FCF Margin = 5.80% (FCF TTM 229.6m / Revenue TTM 3.96b)
Net Margin = 5.65% (Net Income TTM 223.4m / Revenue TTM 3.96b)
Gross Margin = 12.44% ((Revenue TTM 3.96b - Cost of Revenue TTM 3.46b) / Revenue TTM)
Gross Margin QoQ = 12.61% (prev 11.62%)
Tobins Q-Ratio = 4.16 (Enterprise Value 7.69b / Total Assets 1.85b)
Interest Expense / Debt = 4.68% (Interest Expense 18.5m / Debt 395.5m)
Taxrate = 23.21% (17.6m / 75.9m)
NOPAT = 240.2m (EBIT 312.8m * (1 - 23.21%))
Current Ratio = 1.77 (Total Current Assets 1.42b / Total Current Liabilities 804.0m)
Debt / Equity = 0.58 (Debt 395.5m / totalStockholderEquity, last quarter 686.9m)
Debt / EBITDA = 0.30 (Net Debt 102.1m / EBITDA 342.8m)
Debt / FCF = 0.44 (Net Debt 102.1m / FCF TTM 229.6m)
Total Stockholder Equity = 601.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 13.95% (Net Income 223.4m / Total Assets 1.85b)
RoE = 37.17% (Net Income TTM 223.4m / Total Stockholder Equity 601.1m)
RoCE = 36.20% (EBIT 312.8m / Capital Employed (Equity 601.1m + L.T.Debt 263.0m))
RoIC = 22.17% (NOPAT 240.2m / Invested Capital 1.08b)
WACC = 13.76% (E(7.59b)/V(7.98b) * Re(14.29%) + D(395.5m)/V(7.98b) * Rd(4.68%) * (1-Tc(0.23)))
Discount Rate = 14.29% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 93.09 | Cagr: 0.19%
[DCF] Terminal Value 62.50% ; FCFF base≈175.1m ; Y1≈200.7m ; Y5≈295.3m
[DCF] Fair Price = 42.23 (EV 2.26b - Net Debt 102.1m = Equity 2.16b / Shares 51.0m; r=13.76% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.02 | # QB: 0
Revenue Correlation: 86.34 | Revenue CAGR: 14.56% | SUE: 4.0 | # QB: 1
EPS current Quarter (2026-06-30): EPS=1.11 | Chg30d=+8.01% | Revisions=+20% | Analysts=4
EPS next Quarter (2026-09-30): EPS=1.12 | Chg30d=+0.90% | Revisions=+20% | Analysts=3
EPS current Year (2026-12-31): EPS=4.49 | Chg30d=+7.46% | Revisions=+33% | GrowthEPS=+13.7% | GrowthRev=+15.8%
EPS next Year (2027-12-31): EPS=4.89 | Chg30d=+2.23% | Revisions=+33% | GrowthEPS=+8.8% | GrowthRev=+8.8%
[Analyst] Revisions Ratio: +33%