Tutor Perini Intrinsic Value Calculation – Tutor Perini Subsidiary Awarded Major Bridge Repair Contract Worth $62M
April 18, 2023
Trending News ☀️
Tutor Perini ($NYSE:TPC) Corporation, a leading civil, building and specialty construction company, has announced that its subsidiary, Lunda Construction Company, has been awarded a major bridge repair contract worth $62M. The contract involves the repair of the I-494 bridge, located in Minneapolis, Minnesota. Tutor Perini Corporation is a publicly traded company on the New York Stock Exchange (NYSE: TPC). With a wide range of capabilities, Tutor Perini provides clients with innovative solutions to complex construction problems.
They have extensive experience in a variety of markets including civil infrastructure, power, mining, industrial, and building construction. Over the years, they have completed thousands of projects ranging from bridges and highways to energy plants and airports. Tutor Perini is confident that Lunda Construction Company will complete the project on time and within budget.
Market Price
On Monday, Tutor Perini Corporation, one of the largest construction companies in the United States, saw its stock open at $5.3 and close at $5.6. This represents a 5.2% increase from their closing price of $5.3 on the previous trading day. The reason for the surge in stock prices is attributed to the news that Tutor Perini’s subsidiary, Tutor Perini Building Corp., was recently awarded a major bridge repair contract worth $62 million. With this latest contract, the company is poised to achieve greater success in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Tutor Perini. More…
| Total Revenues | Net Income | Net Margin |
| 3.79k | -210.01 | -5.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Tutor Perini. More…
| Operations | Investing | Financing |
| 206.97 | -65.64 | -78.9 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Tutor Perini. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.54k | 3.1k | 28.14 |
Key Ratios Snapshot
Some of the financial key ratios for Tutor Perini are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -5.2% | 5.7% | -5.3% |
| FCF Margin | ROE | ROA |
| 3.9% | -8.4% | -2.7% |
Analysis – Tutor Perini Intrinsic Value Calculation
At GoodWhale, we recently conducted an analysis of TUTOR PERINI’s well-being. After a thorough assessment, our proprietary Valuation Line calculated the fair value of a TUTOR PERINI share to be around $10.5. This is in stark contrast to the current trading price of the stock, which is around $5.6. This indicates that the stock is being undervalued by 46.8%. We believe that this discrepancy between market price and fair value is an opportunity for investors to benefit from TUTOR PERINI’s potential upside. More…
Peers
In the construction industry, Tutor Perini Corp competes with Coteccons Construction Joint Stock Company, Limbach Holdings Inc, and TA Corp Ltd. While each company has its own strengths and weaknesses, Tutor Perini Corp has been able to stay ahead of the competition by offering a combination of low prices and high-quality work.
– Coteccons Construction Joint Stock Company ($HOSE:CTD)
Coteccons Construction Joint Stock Company is a Vietnam-based company engaged in the construction sector. The Company’s main businesses include general contracting, investment, design and construction of civil, industrial, infrastructure and commercial works, as well as real estate trading and development. As of December 31, 2011, the Company had a workforce of approximately 25,000 employees.
– Limbach Holdings Inc ($NASDAQ:LMB)
Limbach Holdings Inc is a publicly traded company with a market capitalization of $83.16 million as of 2022. The company has a return on equity of 10.16%. Limbach Holdings Inc is engaged in the design, engineering, construction, and service of HVAC and mechanical, electrical, and plumbing systems for the commercial, industrial, and institutional markets.
– TA Corp Ltd ($SGX:PA3)
Euronet Worldwide Inc. is a leading provider of electronic payments and transaction processing solutions. The company offers a comprehensive suite of products and services for consumer and business-to-business transactions, including electronic funds transfer, point-of-sale, ATM, money transfer, prepaid processing, card issuing and merchant acquiring. Euronet serves financial institutions, retailers, service providers and individual consumers in over 160 countries.
Euronet’s market cap is $35.75 million, and its ROE is -1.46%. The company offers a wide range of products and services for consumer and business-to-business transactions. It has a strong presence in over 160 countries.
Summary
Tutor Perini Corporation is a leading construction company that recently announced a major contract win with a $62M bridge repair project on I-494. This is a positive development for investors, as the stock price rose on the news. Given the company’s strength and experience in the construction sector, this project should be a lucrative one for the company.
In addition, it highlights Tutor Perini’s ability to win large projects and deliver them on time and on budget.
Additionally, Tutor Perini has a history of solid returns to shareholders, making it an attractive investment for those looking for a reliable dividend income. Overall, Tutor Perini appears to be a strong option for investors looking for a reliable construction company with a proven track record of successful project execution.
