Nv5 Global Intrinsic Stock Value – NV5 GLOBAL Awarded $10M Contract for Engineering and Survey Services by North Carolina DOT
April 15, 2023
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NV5 ($NASDAQ:NVEE) Global, a leading provider of professional and technical engineering and consulting services, has been awarded a $10M contract by the North Carolina Department of Transportation (NCDOT). NV5 Global is a publically traded company that specializes in providing critical infrastructure support to public and private entities. They offer comprehensive services ranging from construction management and program management, to geospatial and aviation engineering and design, to building compliance and technology. NV5 Global prides itself on delivering the highest quality of service to its clients, while taking a proactive role in helping to shape the future of their built environment while ensuring strong community partnerships.
By partnering with NCDOT, NV5 Global has the opportunity to showcase their expertise in engineering, as well as its dedication to safety, quality, and sustainability. This contract is one more step towards NV5 Global becoming a leader in providing infrastructure and engineering services.
Market Price
This is a major milestone for the company and serves as an endorsement of their reputation as a trusted provider in the transportation sector. On Thursday, NV5 GLOBAL‘s stock opened at $99.8 and closed at $100.2, up by 1.1% from last closing price of 99.1. This is a testament to the confidence investors have in the company’s ability to deliver on such major projects. The company also looks to capitalize on this opportunity to expand its portfolio of projects in the transportation sector. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Nv5 Global. More…
| Total Revenues | Net Income | Net Margin |
| 786.78 | 49.97 | 6.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Nv5 Global. More…
| Operations | Investing | Financing |
| 93.98 | -21.51 | -81.91 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Nv5 Global. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 935.72 | 241.48 | 44.72 |
Key Ratios Snapshot
Some of the financial key ratios for Nv5 Global are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.6% | 28.5% | 8.4% |
| FCF Margin | ROE | ROA |
| 10.0% | 6.0% | 4.4% |
Analysis – Nv5 Global Intrinsic Stock Value
GoodWhale has conducted an in-depth analysis of NV5 GLOBAL‘s wellbeing. Through our proprietary Valuation Line, we have concluded that the intrinsic value of NV5 GLOBAL share is around $105.6. Comparing this to the current stock price of $100.2, this indicates that NV5 GLOBAL stock is currently undervalued by 5.2%. This presents a potential opportunity for investors to buy a quality stock at a discount. We have also taken other factors into account when conducting our analysis, such as the stock’s volatility, dividend history, and the overall performance of the industry. Our findings confirm that investing in NV5 GLOBAL at these prices is a sound investment decision. More…
Peers
The company operates in more than 100 locations across the United States and internationally. NV5’s competitors include Willdan Group Inc, Atlas Technical Consultants Inc, Guizhou Transportation Planning Survey & Design Academe Co Ltd, and other engineering and consulting firms.
– Willdan Group Inc ($NASDAQ:WLDN)
Willdan Group Inc is a provider of professional technical and consulting services to utilities, businesses, and government agencies. The company has a market cap of 172.27M as of 2022 and a Return on Equity of -2.66%. Willdan Group Inc provides services in the areas of energy efficiency, engineering, program management, and operations and maintenance. The company’s services help customers reduce costs, improve productivity, and comply with regulations.
– Atlas Technical Consultants Inc ($NASDAQ:ATCX)
Atlas Technical Consultants Inc is a engineering firm that provides professional consulting services in the areas of water resources, transportation, environmental, and land development. The company has a market cap of 273.22M as of 2022 and a ROE of -16.48%.
– Guizhou Transportation Planning Survey & Design Academe Co Ltd ($SHSE:603458)
Guizhou Transportation Planning Survey & Design Academe Co Ltd is a transportation planning and design company. It is headquartered in Guiyang, Guizhou Province, China. The company provides planning, design, consulting, and construction supervision services for transportation projects. It also offers training services.
Summary
NV5 Global Inc. (NASDAQ: NVEE) has announced a new $10M engineering and survey contract from the North Carolina Department of Transportation. This is a significant deal for NV5, as it showcases the company’s ability to secure major contracts in the public sector. From an investment perspective, this contract is likely to have a positive effect on NV5’s revenue and profits in the coming quarter.
Investors should note that the company has a long track record of success in the engineering, construction, and consulting markets, and this new contract further reinforces NV5’s position as a leader in public sector infrastructure development. With this new contract, NV5 is well-positioned for continued financial growth in the future.
