EME Stock Analysis: EMCOR | NYSE
Engineering & Construction | NYSE, USA | Market Cap: 33.857m USD | 12M Return: 18.2% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 337M
EPS Trend: 97.1%
Qual. Beats: 2
Rev. Trend: 99.8%
Qual. Beats: 2
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
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.
EMCOR Group, Inc. (EME) is a U.S.-based provider of electrical and mechanical construction services along with a broad range of facilities, building, and industrial services, operating primarily in the United States and the United Kingdom. The company delivers design, installation, startup, operation, and maintenance solutions spanning power transmission and distribution, energy systems, premises electrical and lighting, HVAC and refrigeration, plumbing and piping, fire protection, instrumentation, and low-voltage/communications systems. Headquartered in Norwalk, Connecticut and incorporated in 1987, EMCOR has grown into one of the largest specialty contractors in the Industrials sector, with a business model that combines project-based construction work with recurring, multi-year service and maintenance contracts.
In addition to its core construction offerings, EMCOR provides site-based operations and maintenance, facility management, energy retrofits, military base operations support, and a wide array of soft services such as janitorial, landscaping, and security. The company also serves industrial clients with refinery turnaround planning, welding, instrumentation and controls, electrical panel fabrication, on-site repair, and renewable energy services. This diversified mix of capital project work and long-tail recurring service revenue, spanning commercial, industrial, utility, and government end markets, helps reduce the cyclicality typical of pure construction firms and supports more stable cash flow across economic cycles.
- Data center demand accelerates mechanical and electrical segment growth
- Non-residential construction cycle exposure to high interest rates
- Industrial services margins hinge on labor and material costs
| Net Income: 1.33b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA -4.79 > 1.0 |
| NWC/Revenue: 7.06% < 20% (prev 4.59%; Δ 2.47% < -1%) |
| CFO/TA 0.13 > 3% & CFO 1.19b > Net Income 1.33b |
| Net Debt (-399.9m) to EBITDA (2.09b): -0.19 < 3 |
| Current Ratio: 1.26 > 1.5 & < 3 |
| Outstanding Shares: last quarter (45.1m) vs 12m ago -2.48% < -2% |
| Gross Margin: 19.54% > 18% (prev 19.32%; Δ 0.22% > 0.5%) |
| Asset Turnover: 201.9% > 50% (prev 185.7%; Δ 16.18% > 0%) |
| Interest Coverage Ratio: 158.8 > 6 (EBIT TTM 1.91b / Interest Expense TTM 12.0m) |
| A: 0.13 (Total Current Assets 6.07b - Total Current Liabilities 4.82b) / Total Assets 9.51b |
| B: 0.66 (Retained Earnings 6.29b / Total Assets 9.51b) |
| C: 0.22 (EBIT TTM 1.91b / Avg Total Assets 8.79b) |
| D: 0.69 (Book Value of Equity 3.87b / Total Liabilities 5.64b) |
| Altman-Z'' = 5.20 = AAA |
| DSRI: 1.01 (Receivables 4.94b/4.14b, Revenue 17.8b/15.0b) |
| GMI: 0.99 (GM 19.32% / 19.54%) |
| AQI: 0.89 (AQ_t 0.28 / AQ_t-1 0.32) |
| SGI: 1.18 (Revenue 17.8b / 15.0b) |
| TATA: 0.01 (NI 1.33b - CFO 1.19b) / TA 9.51b) |
| Beneish M = -2.96 (Cap -4..+1) = A |
As of July 27, 2026, the stock is trading at USD 744.85 with a total of 295,998 shares traded. Over the past week, the price has changed by +0.09%, over one month by -6.62%, over three months by -15.83% and over the past year by +18.15%.
Current recommended Stop Loss: 687.50 (which is 7.7% or 2 ATR below the current price).
EMCOR has received a consensus analysts rating of 4.17. Therefore, it is recommended to buy EME.
- StrongBuy: 4
- Buy: 0
- Hold: 1
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 1000.1 | 34.3% |
P/E Trailing = 25.0007
P/E Forward = 25.1889
P/S = 1.9077
P/B = 8.5516
P/EG = 0.3958
Revenue TTM = 17.8b USD
EBIT TTM = 1.91b USD
EBITDA TTM = 2.09b USD
Long Term Debt = 3.95m USD (from longTermDebtTotal, last fiscal year)
Short Term Debt = 104.7m USD (from shortTermDebt, last quarter)
Debt = 516.5m USD (from shortLongTermDebtTotal, last quarter) (leases 510.4m already included)
Net Debt = -399.9m USD (calculated: Debt 516.5m - CCE 916.4m)
Enterprise Value = 33.5b USD (33.9b + Debt 516.5m - CCE 916.4m)
Interest Coverage Ratio = 158.8 (Ebit TTM 1.91b / Interest Expense TTM 12.0m)
EV/FCF = 31.01x (Enterprise Value 33.5b / FCF TTM 1.08b)
FCF Yield = 3.22% (FCF TTM 1.08b / Enterprise Value 33.5b)
FCF Margin = 6.08% (FCF TTM 1.08b / Revenue TTM 17.8b)
Net Margin = 7.52% (Net Income TTM 1.33b / Revenue TTM 17.8b)
Gross Margin = 19.54% ((Revenue TTM 17.8b - Cost of Revenue TTM 14.3b) / Revenue TTM)
Gross Margin QoQ = 18.67% (prev 20.71%)
Tobins Q-Ratio = 3.52 (Enterprise Value 33.5b / Total Assets 9.51b)
Interest Expense / Debt = 2.33% (Interest Expense 12.0m / Debt 516.5m)
Taxrate = 29.82% (567.3m / 1.90b)
NOPAT = 1.34b (EBIT 1.91b * (1 - 29.82%))
Current Ratio = 1.26 (Total Current Assets 6.07b / Total Current Liabilities 4.82b)
Debt / Equity = 0.13 (Debt 516.5m / totalStockholderEquity, last quarter 3.87b)
Debt / EBITDA = -0.19 (Net Debt -399.9m / EBITDA 2.09b)
Debt / FCF = -0.37 (Net Debt -399.9m / FCF TTM 1.08b)
Total Stockholder Equity = 3.48b (last 4 quarters mean from totalStockholderEquity)
RoA = 15.18% (Net Income 1.33b / Total Assets 9.51b)
RoE = 38.34% (Net Income TTM 1.33b / Total Stockholder Equity 3.48b)
RoCE = 54.75% (EBIT 1.91b / Capital Employed (Equity 3.48b + L.T.Debt 3.95m))
RoIC = 34.31% (NOPAT 1.34b / Invested Capital 3.90b)
WACC = 11.31% (E(33.9b)/V(34.4b) * Re(11.46%) + D(516.5m)/V(34.4b) * Rd(2.33%) * (1-Tc(0.30)))
Discount Rate = 11.46% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -95.25 | Cagr: -2.17%
[DCF] Terminal Value 62.90% ; FCFF base≈1.17b ; Y1≈1.02b ; Y5≈828.0m
[DCF] Fair Price = 210.6 (EV 8.96b - Net Debt -399.9m = Equity 9.36b / Shares 44.4m; r=11.31% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 97.10 | EPS CAGR: 43.65% | SUE: 1.99 | # QB: 2
Revenue Correlation: 99.85 | Revenue CAGR: 15.95% | SUE: 3.67 | # QB: 2
EPS current Quarter (2026-06-30): EPS=7.25 | Chg30d=-0.21% | Revisions=+30% | Analysts=10
EPS next Quarter (2026-09-30): EPS=7.48 | Chg30d=-0.29% | Revisions=+10% | Analysts=9
EPS current Year (2026-12-31): EPS=29.35 | Chg30d=+0.19% | Revisions=+70% | GrowthEPS=+13.5% | GrowthRev=+11.8%
EPS next Year (2027-12-31): EPS=32.85 | Chg30d=+0.57% | Revisions=+67% | GrowthEPS=+11.9% | GrowthRev=+8.0%
[Analyst] Revisions Ratio: +57% (up=22, down=5)