Nv5 Global Intrinsic Stock Value – NV5 Global Secures $17M in New Jersey Utility Contracts
November 28, 2023
☀️Trending News
NV5 ($NASDAQ:NVEE) Global, Inc., a professional and technical engineering and consulting solutions provider, recently announced that they have secured two new utility contracts in New Jersey, with a total value of $17M. These new contracts, which were awarded by two of the largest electric utilities in the state, will involve land surveying and mapping services related to vegetation management activities. NV5 Global’s comprehensive data collection, which includes drone technology, will help the utility companies maintain their infrastructure and ensure reliability of power supply. NV5 Global is well-known for providing innovative solutions to a wide range of both public and private sector clients.
Their expertise has enabled them to expand their services throughout the U.S. and beyond. The award of these two contracts further solidifies NV5 Global’s commitment to providing quality engineering and consulting solutions.
Market Price
On Monday, NV5 Global Inc., a professional and technical engineering and consulting firm, announced that it had secured two new utility contracts worth $17 million in New Jersey. The contracts, awarded by the New Jersey Board of Public Utilities, will involve the engineering and environmental services for two major utility infrastructure projects. In response to the news, NV5 GLOBAL stock opened at $99.2 and closed at $99.1, representing an increase of 0.4% from its prior closing price of $98.8. 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 |
| 836.06 | 42.68 | 5.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Nv5 Global. More…
| Operations | Investing | Financing |
| 59.02 | -204.77 | 138.21 |
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 |
| 1.21k | 446.05 | 47.81 |
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 |
| 9.9% | 11.8% | 6.8% |
| FCF Margin | ROE | ROA |
| 5.3% | 4.8% | 3.0% |
Analysis – Nv5 Global Intrinsic Stock Value
At GoodWhale, we have conducted a comprehensive analysis of NV5 GLOBAL‘s fundamentals. After careful consideration, we have determined that the fair value of NV5 GLOBAL share is around $118.7, as calculated by our proprietary Valuation Line. This suggests that NV5 GLOBAL stock currently trades at $99.1, a fair price that is undervalued by 16.5%. Therefore, we believe that now is an ideal time to invest in NV5 GLOBAL shares. More…
Peers
The company operates in more than 100 locations across the United States and internationally. NV5’s competitors include Willdan Group Inc, Atlas Technical Consultants Inc, Guizhou Transportation Planning Survey & Design Academe Co Ltd, and other engineering and consulting firms.
– Willdan Group Inc ($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 is a provider of professional and technical engineering and consulting solutions. The company has recently won $17M in contracts from New Jersey utilities, providing further evidence of the company’s potential for growth. Investors may be interested in studying NV5 Global because of its consistent operational cash flow, its ability to generate a return on investment, its position in the industry, and its proven track record. The company is well-positioned to capitalize on current industry trends in the field, and its recent contract wins demonstrate its continued success.
