Great Lakes Dredge & Dock Corporation
Great Lakes Dredge & Dock Corporation Fundamental Analysis
Great Lakes Dredge & Dock Corporation (GLDD) shows moderate financial fundamentals with a PE ratio of 15.40, profit margin of 8.27%, and ROE of 14.83%. The company generates $0.9B in annual revenue with strong year-over-year growth of 29.35%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 59.2/100 based on profitability, valuation, growth, and balance sheet metrics. The C grade reflects average fundamentals, with notable risks in certain areas.
Fundamental Health Score
We analyze GLDD's fundamental strength across five key dimensions:
Efficiency Score
WeakGLDD struggles to generate sufficient returns from assets.
Valuation Score
ExcellentGLDD trades at attractive valuation levels.
Growth Score
ModerateGLDD shows steady but slowing expansion.
Financial Health Score
ModerateGLDD shows balanced financial health with some risks.
Profitability Score
WeakGLDD struggles to sustain strong margins.
Key Financial Metrics
Is GLDD Expensive or Cheap?
P/E Ratio
GLDD trades at 15.40 times earnings. This indicates a fair valuation.
PEG Ratio
When adjusting for growth, GLDD's PEG of -1.69 indicates potential undervaluation.
Price to Book
The market values Great Lakes Dredge & Dock Corporation at 2.19 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 3.67 times EBITDA. This is generally considered low.
How Well Does GLDD Make Money?
Net Profit Margin
For every $100 in sales, Great Lakes Dredge & Dock Corporation keeps $8.27 as profit after all expenses.
Operating Margin
Core operations generate 14.13 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $14.83 in profit for every $100 of shareholder equity.
ROA
Great Lakes Dredge & Dock Corporation generates $5.55 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Great Lakes Dredge & Dock Corporation generates strong operating cash flow of $246.34M, reflecting robust business health.
Free Cash Flow
Great Lakes Dredge & Dock Corporation generates strong free cash flow of $99.32M, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $1.49 in free cash annually.
FCF Yield
GLDD converts 8.80% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
15.40
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
-1.69
vs 25 benchmark
P/B Ratio
Price to book value ratio
2.19
vs 25 benchmark
P/S Ratio
Price to sales ratio
1.27
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.89
vs 25 benchmark
Current Ratio
Current assets to current liabilities
0.97
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.15
vs 25 benchmark
ROA
Return on assets percentage
0.06
vs 25 benchmark
ROCE
Return on capital employed
0.11
vs 25 benchmark
How GLDD Stacks Against Its Sector Peers
| Metric | GLDD Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 15.40 | 25.83 | Better (Cheaper) |
| ROE | 14.83% | 1278.00% | Weak |
| Net Margin | 8.27% | -43774.00% (disorted) | Weak |
| Debt/Equity | 0.89 | 0.80 | Neutral |
| Current Ratio | 0.97 | 10.63 | Weak Liquidity |
| ROA | 5.55% | -1539613.00% (disorted) | Weak |
GLDD outperforms its industry in 1 out of 6 key metrics, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Great Lakes Dredge & Dock Corporation's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
1.62%
Industry Style: Cyclical, Value, Infrastructure
GrowingEPS CAGR
10.03%
Industry Style: Cyclical, Value, Infrastructure
High GrowthFCF CAGR
-65.51%
Industry Style: Cyclical, Value, Infrastructure
Declining