EC

Everus Construction Group, Inc.

ECG·NYSE

$152.00

-2.3%
IndustrialsEngineering & Construction

Everus Construction Group, Inc. provides utility construction services. It offers electrical line construction, pipeline construction, inside electrical wiring and cabling, and mechanical services. The company also involves in the manufacture and distribution of specialty equipment, and electrical control panel; and installation and maintenance of automatic fire sprinkler systems in Las Vegas and Reno. The company was incorporated in 1995 and is based in Bismarck, North Dakota.

At a Glance

Live Snapshot
Market Cap$7.76B
EPS3.9400
P/E Ratio38.58
Earnings Date08/11/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

High confidence

Valuation multiple is elevated (P/E 38.6).

Valuation inputs: P/E 38.6, earnings yield +2.6%, momentum -2.3%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is strong (ROE +32.0%, ROIC +18.7%).

Profitability stack: net margin +5.4%, ROE +32.0%, ROIC +18.7%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +63.6%, momentum -2.3%, net margin +5.4%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

e

Everus Construction Group, Inc. Market vs Earnings Trajectory

ECG · NYSE
Current Price
$152.00
EPS (TTM)
$4.38

Performance Analysis

EPS Growth

+34.4%

Strong earnings growth indicates robust business expansion and improving profitability.

Price-EPS Relationship

Aligned

Stock price is moving in line with earnings growth—a healthy sign of fundamental-driven valuation.

Stock Price Change

+154.3%

Over the 1Y period, stock price has increased by 154.3%.

P/E Ratio (TTM)

38.6x

Elevated P/E indicates investors expect strong future growth.

Key Insight

Stock price (+154.3%) is outpacing earnings growth (+34.4%), suggesting the market may be pricing in future growth. Monitor if earnings can catch up to justify the valuation.

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Everus Construction Group, Inc. Fair Value Envelope

ECG · NYSE

Our analysis suggests that ECG has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $152, this represents a potential HIDDEN relative to our calculated worth for Everus Construction Group, Inc..

Intrinsic Value
Current Price: $152
3Y+61.0%
5Y+83.0%
10Y+83.0%
3Y+39.0%
5Y+83.0%
10Y+83.0%
3Y+62.0%
5Y+84.0%
10Y+84.0%
3Y-715.0%
5Y+84.0%
10Y+84.0%
3Y-247.0%
5Y+55.0%
10Y+55.0%
3Y+52.0%
5Y+52.0%
10Y+52.0%
EC

Everus Construction Group, Inc. Profit Bridge

ECG · NYSE
Revenue3.75B
Cost of Goods Sold (3.29B)
Gross Profit454.09M
Operating Expenses (189.34M)
Operating Income264.75M
Interest Expense (21.45M)
Other Income/Expense9.33M
Pretax Income274.08M
Income Tax (72.31M)
Net Income201.77M
Net Income
201.77M

Profitability Analysis

Gross Margin

12.1%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

7.1%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

5.4%

Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.

Effective Tax Rate

26.4%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

12.12%
Gross Profit Margin
2%
3Y+19.0%
5Y-
10Y-
7.07%
Operating Profit Margin
6%
3Y+16.0%
5Y-1.0%
10Y-1.0%
5.39%
Net Profit Margin
7%
3Y+17.0%
5Y+1.0%
10Y+1.0%
32.04%
Return on Equity
-6%
3Y-2.0%
5Y-
10Y-
11.67%
Return on Assets
5%
3Y+6.0%
5Y-
10Y-
18.71%
Return on Invested Capital
8%
3Y+7.0%
5Y-
10Y-
E

Everus Construction Group, Inc. Cash Conversion Engine

ECG · NYSE
Net Income201.77M
Depreciation & Amortization28.80M
Stock-Based Compensation6.31M
Change in Working Capital-76.66M
Others-9.72M
Capital Expenditures-66.84M
Free Cash Flow90.01M

Cash Flow Quality Analysis

FCF Conversion Rate

44.6%

Weak cash conversion. Significant portion of earnings not converting to cash—review working capital trends and capital intensity.

CapEx Intensity

42.6%

Capital-intensive operations require significant reinvestment. Monitor whether CapEx is maintenance or growth-oriented.

FCF Growth Trend

-21.8%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$76.66M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extension—monitor closely.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

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Everus Construction Group, Inc. Funding & Solvency Profile

ECG · NYSE
Cash & Cash Equivalents293.36M
Net Receivables781.56M
Inventory47.98M
Other Current Assets298.36M
Total Current Assets1 B
Property, Plant & Equipment256.67M
Goodwill & Intangible Assets143.22M
Long-Term Investments22.18M
Other Non-Current Assets4.42M
Total Non-Current Assets283 M
Total Assets
1.85B

Financial Health Analysis

Current Ratio

1.77x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Debt-to-Equity Ratio

1.69x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

617 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

77% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

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Everus Construction Group, Inc. Street Expectations Map

ECG · NYSE

Wall Street analysts project that ECG stock may experience modest gains over the coming 12 months. The consensus 1-year price target stands at 153.60, with estimates ranging from a low of 115.00 to a high of 180.00.

Lowest Target
115.00
-24.34%
Consensus Target
153.60
1.05%
Highest Target
180.00
18.42%

The consensus 1-year price target stands at 153.60, with estimates ranging from a low of 115.00 to a high of 180.00.

Analyst Consensus Analysis

Upside Potential

+1.1%

Fair value territory. Stock trading near consensus target suggests limited near-term catalysts. Focus on fundamental developments.

Analyst Agreement

42.3% spread

Mixed analyst views. Wide target range suggests differing opinions on key value drivers, growth prospects, or risk factors.

Risk-Reward Profile

0.76x

Unfavorable risk-reward. Downside risk exceeds upside potential. Consider defensive positioning or alternative opportunities.

Analyst Conviction

Moderate

Neutral sentiment. Fair value pricing with moderate agreement suggests wait-and-see approach or catalyst-driven opportunity.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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Everus Construction Group, Inc. Insider Positioning

ECG · NYSE

During the last 12 months, insiders have purchased $23K worth of ECG shares, with no selling activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

250

23.05K

Sold

0

0.00

Net Activity

+23K

+$23K

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

1
HHM

Hernandez Helena Mercedes

Director

250 shares1 transactions

$23K

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $23K net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

∞:1

Perfect buy/sell ratio. Only buying activity with zero selling—the most bullish possible insider signal.

Insider Participation

High Buying

1 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Unanimous insider buying: Zero selling combined with active buying is rare and typically very bullish. Insiders appear to see significant upside with limited downside risk.

No Dividend Yield Data

ECG has not reported any dividend yield values in the available annual periods.

 

ecg Dividend History

ECG
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%