EME Stock Analysis: EMCOR | NYSE
Engineering & Construction | NYSE, USA | Market Cap: 29.131m USD | 12M Return: -6.8% | US29084Q1004 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 271M
EPS Trend: 97.0%
Qual. Beats: 3
Rev. Trend: 99.8%
Qual. Beats: 3
Warnings
Tailwinds
Seasonality 11.7 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. (NYSE: EME) is a leading provider of electrical and mechanical construction services, as well as facilities, building, and industrial services, operating primarily in the United States and the United Kingdom. The company is classified within the Industrials sector, specifically the Construction & Engineering sub-industry, reflecting its core focus on building infrastructure and ongoing service contracts rather than pure manufacturing or real estate. EMCOR is headquartered in Norwalk, Connecticut, and has been publicly traded since its IPO in late 1995.
The companys offerings span the full lifecycle of building and industrial systems. On the construction side, it designs, installs, and commissions electrical power and lighting systems, HVAC and refrigeration, fire protection, plumbing, process piping, water and wastewater treatment, and low-voltage systems such as voice, data, and traffic control networks. It also handles structural services like steel fabrication, crane and rigging, and millwright work, positioning EMCOR as a specialty contractor capable of supporting complex commercial, institutional, and industrial projects.
Beyond construction, EMCOR generates recurring revenue through a broad portfolio of facility and industrial services. These include site-based operations and maintenance, facility management, energy retrofits, building system support, and technical consulting, as well as specialized industrial offerings for refineries and heavy-industry clients, such as turnaround planning, welding, instrumentation, electrical panel work, and on-site repair. This mix of project-based work and long-term service contracts gives the business exposure to both new construction cycles and the more stable, recurring demand of maintaining and upgrading existing infrastructure.
- Data center construction boom drives electrical and mechanical services backlog
- Federal infrastructure spending boosts public sector project demand
- Energy retrofit and sustainability projects expand operating margins
| Net Income: 1.44b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA -2.85 > 1.0 |
| NWC/Revenue: 7.78% < 20% (prev 5.00%; Δ 2.78% < -1%) |
| CFO/TA 0.13 > 3% & CFO 1.29b > Net Income 1.44b |
| Net Debt (-382.5m) to EBITDA (2.25b): -0.17 < 3 |
| Current Ratio: 1.28 > 1.5 & < 3 |
| Outstanding Shares: last quarter (44.6m) vs 12m ago -0.97% < -2% |
| Gross Margin: 19.66% > 18% (prev 19.49%; Δ 0.17% > 0.5%) |
| Asset Turnover: 200.5% > 50% (prev 186.2%; Δ 14.31% > 0%) |
| Interest Coverage Ratio: 170.1 > 6 (EBIT TTM 2.04b / Interest Expense TTM 12.0m) |
| A: 0.14 (Total Current Assets 6.67b - Total Current Liabilities 5.23b) / Total Assets 10.2b |
| B: 0.66 (Retained Earnings 6.68b / Total Assets 10.2b) |
| C: 0.22 (EBIT TTM 2.04b / Avg Total Assets 9.28b) |
| D: 0.67 (Book Value of Equity 4.08b / Total Liabilities 6.08b) |
| Altman-Z'' = 5.26 = AAA |
| DSRI: 1.04 (Receivables 5.50b/4.46b, Revenue 18.6b/15.6b) |
| GMI: 0.99 (GM 19.49% / 19.66%) |
| AQI: 0.86 (AQ_t 0.27 / AQ_t-1 0.31) |
| SGI: 1.19 (Revenue 18.6b / 15.6b) |
| TATA: 0.01 (NI 1.44b - CFO 1.29b) / TA 10.2b) |
| Beneish M = -2.95 (Cap -4..+1) = A |
As of October 25, 2026, the stock is trading at USD 647.66 with a total of 577,269 shares traded. Over the past week, the price has changed by -10.25%, over one month by -13.81%, over three months by -15.74% and over the past year by -6.78%.
Current recommended Stop Loss: 613.10 (which is 5.3% or 1.2 ATR below the current price).
EMCOR has received a consensus analysts rating of 4.40. Therefore, it is recommended to buy EME.
- StrongBuy: 7
- Buy: 0
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 1020.4 | 57.6% |
P/E Trailing = 21.767
P/E Forward = 19.802
P/S = 1.5663
P/B = 8.1301
P/EG = 0.3108
Revenue TTM = 18.6b USD
EBIT TTM = 2.04b USD
EBITDA TTM = 2.25b USD
Long Term Debt = 3.95m USD (from longTermDebtTotal, last fiscal year)
Short Term Debt = 105.7m USD (from shortTermDebt, last quarter)
Debt = 541.9m USD (from shortLongTermDebtTotal, last quarter) (leases 541.9m already included)
Net Debt = -382.5m USD (calculated: Debt 541.9m - CCE 924.4m)
Enterprise Value = 28.7b USD (29.1b + Debt 541.9m - CCE 924.4m)
Interest Coverage Ratio = 170.1 (Ebit TTM 2.04b / Interest Expense TTM 12.0m)
EV/FCF = 24.54x (Enterprise Value 28.7b / FCF TTM 1.17b)
FCF Yield = 4.07% (FCF TTM 1.17b / Enterprise Value 28.7b)
FCF Margin = 6.30% (FCF TTM 1.17b / Revenue TTM 18.6b)
Net Margin = 7.72% (Net Income TTM 1.44b / Revenue TTM 18.6b)
Gross Margin = 19.66% ((Revenue TTM 18.6b - Cost of Revenue TTM 14.9b) / Revenue TTM)
Gross Margin QoQ = 19.83% (prev 18.67%)
Tobins Q-Ratio = 2.83 (Enterprise Value 28.7b / Total Assets 10.2b)
Interest Expense / Debt = 2.22% (Interest Expense 12.0m / Debt 541.9m)
Taxrate = 29.65% (605.4m / 2.04b)
NOPAT = 1.44b (EBIT 2.04b * (1 - 29.65%))
Current Ratio = 1.28 (Total Current Assets 6.67b / Total Current Liabilities 5.23b)
Debt / Equity = 0.13 (Debt 541.9m / totalStockholderEquity, last quarter 4.08b)
Debt / EBITDA = -0.17 (Net Debt -382.5m / EBITDA 2.25b)
Debt / FCF = -0.33 (Net Debt -382.5m / FCF TTM 1.17b)
Total Stockholder Equity = 3.74b (last 4 quarters mean from totalStockholderEquity)
RoA = 15.48% (Net Income 1.44b / Total Assets 10.2b)
RoE = 38.42% (Net Income TTM 1.44b / Total Stockholder Equity 3.74b)
RoCE = 54.64% (EBIT 2.04b / Capital Employed (Equity 3.74b + L.T.Debt 3.95m))
RoIC = 34.98% (NOPAT 1.44b / Invested Capital 4.11b)
WACC = 11.86% (E(29.1b)/V(29.7b) * Re(12.05%) + D(541.9m)/V(29.7b) * Rd(2.22%) * (1-Tc(0.30)))
Discount Rate = 12.05% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -95.30 | Cagr: -2.64%
[DCF] Terminal Value 63.64% ; FCFF base≈1.19b ; Y1≈1.16b ; Y5≈1.17b
[DCF] Fair Price = 268.7 (EV 11.5b - Net Debt -382.5m = Equity 11.9b / Shares 44.1m; r=11.86% [WACC]; 5y FCF grow -3.07% → 2.50% )
EPS Correlation: 97.00 | EPS CAGR: 38.05% | SUE: 4.0 | # QB: 3
Revenue Correlation: 99.79 | Revenue CAGR: 16.28% | SUE: 2.72 | # QB: 3
EPS current Quarter (2026-09-30): EPS=8.35 | Chg30d=+0.23% | Revisions=+73% | Analysts=9
EPS current Year (2026-12-31): EPS=33.45 | Chg30d=+1.83% | Revisions=+73% | GrowthEPS=+29.3% | GrowthRev=+19.8%
EPS next Year (2027-12-31): EPS=37.71 | Chg30d=+2.62% | Revisions=+75% | GrowthEPS=+12.7% | GrowthRev=+11.1%
[Analyst] Revisions Ratio: +89% (up=25, down=0)