Granite Construction Inc (GVA) is a leading heavy civil contractor and construction materials producer in the United States. The company specializes in infrastructure projects, including roads, highways, bridges, and tunnels. With a rich history dating back to 1922, Granite has established itself as a trusted name in the construction industry.
When it comes to valuation metrics, Granite Construction Inc has a price-to-earnings ratio of 13.2, which is considered favorable compared to the industry average. The company also has a price-to-sales ratio of 0.5, indicating that its stock may be undervalued. In terms of fundamentals, Granite Construction Inc has a strong balance sheet with a total debt of $776 million and a gross profit of $567 million. The company's profit margin is 5.7%, which is slightly lower than the industry average.
In terms of stock performance, Granite Construction Inc has outperformed the sector over the past year. The stock has provided a total return of 34.8% compared to the sector's return of 18.5%. This indicates that investors have been optimistic about the company's prospects. In addition, Granite Construction Inc has a revenue per share of $28.6, which demonstrates its ability to generate revenue for its shareholders. Furthermore, the company's enterprise to EBITDA ratio of 9.2 suggests that it is efficiently utilizing its resources to generate earnings.
As for the CEO of Granite Construction Inc, the current CEO is Kyle T. Larkin. Under his leadership, the company has focused on executing its strategic plan and delivering value to shareholders. Larkin has a strong background in the construction industry, with over 20 years of experience.
In conclusion, Granite Construction Inc is a reputable company in the construction industry with a strong financial position and solid performance. Its valuation metrics, such as the price-to-earnings ratio and price-to-sales ratio, indicate that the stock may be undervalued. The company's revenue per share and enterprise to EBITDA ratio demonstrate its ability to generate revenue and efficiently utilize its resources. Additionally, under the leadership of CEO Kyle T. Larkin, Granite Construction Inc continues to execute its strategic plan and deliver value to shareholders.