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IES Holdings, Inc. engages in the design and installation of integrated electrical and technology systems, and provides infrastructure products and services in the United States. The Communications segment designs, installs, and maintains network infrastructure within data centers for co-location and managed hosting customers; corporate, educational, financial, hospitality, and healthcare buildings; e-commerce distribution centers; and high-tech manufacturing facilities. This segment also provides design and installation services for audio/visual, telephone, fire, and wireless access and intrusion alarm systems; and engages in designing/building, servicing, and maintaining data network systems. The Residential segment offers electrical installations to single-family housing and multi-family apartments; and cable television installations to residential and light commercial applications, as well as installs residential solar power for new construction and existing residences. The Infrastructure Solutions segment maintains and repairs alternating and direct current electric motors and generators, and power generating and distribution equipment; manufactures custom-engineered metal enclosed bus duct solutions used in power distribution; manufactures custom commercial and industrial generator enclosures; manufactures, re-manufactures, and repairs industrial lifting magnets; and maintains and repairs railroad main and auxiliary generators, main alternators, and traction motors. The Commercial & Industrial segment offers electrical and mechanical design, construction, and maintenance services for office buildings, manufacturing facilities, data centers, chemical plants, refineries, wind farms, solar facilities, municipal infrastructures, and health care facilities. The company was formerly known as Integrated Electrical Services, Inc. and changed its name to IES Holdings, Inc. in May 2016. IES Holdings, Inc. was incorporated in 1997 and is headquartered in Houston, Texas.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
IES Holdings Inc provides electrical contracting, systems-integration and related industrial services through a network of regional specialty contractors serving commercial, industrial, utility, healthcare and data center customers. Long-term growth may be supported by electrification, data-center and renewable-energy buildouts, infrastructure spending, building automation and consolidation opportunities in a fragmented market. Investors may find exposure to recurring service contracts, diversified regional operations and project backlog attractive for revenue visibility.
Key risks include construction cyclicality, project-execution and margin pressure, labor and supply-chain constraints and integration risk from acquisitions affecting cash flow and profitability.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 |
| Income before tax | 158.55M | 53.00M | 84.90M | 49.30M | 40.10M |
| Minority interest | -11.50M | 5.42M | 2.02M | -1.04M | 0.27M |
| Net income | 108.29M | 34.80M | 66.70M | 41.60M | 33.20M |
| Selling general administrative | 298.62M | 262.71M | 202.25M | 170.91M | 140.57M |
| Gross profit | 444.54M | 318.90M | 288.00M | 228.00M | 182.10M |
| Reconciled depreciation | 29.41M | 25.47M | 21.91M | 12.51M | 9.56M |
| Ebit | 147.44M | 56.00M | 85.60M | 50.10M | 41.90M |
| Ebitda | 176.85M | 81.70M | 108.00M | 69.60M | 51.30M |
| Depreciation and amortization | 29.41M | 25.70M | 22.40M | 19.50M | 9.40M |
| Non operating income net other | - | -0.04M | 0.29M | -0.01M | 0.15M |
| Operating income | 159.78M | 56.00M | 85.60M | 50.10M | 41.90M |
| Other operating expenses | 2231.31M | 2110.60M | 1450.80M | 1133.80M | 1035.50M |
| Interest expense | 2.75M | 3.00M | 1.00M | 0.80M | 1.90M |
| Tax provision | 38.76M | 12.81M | 16.23M | 8.74M | 6.66M |
| Interest income | - | - | - | - | 1.86M |
| Net interest income | -3.02M | -2.97M | -0.96M | -0.78M | -1.86M |
| Non recurring | - | 0.28M | 0.21M | 6.99M | -0.37M |
| Income tax expense | 38.76M | 12.80M | 16.20M | 8.70M | 6.70M |
| Total revenue | 2377.23M | 2166.80M | 1536.50M | 1190.90M | 1077.00M |
| Total operating expenses | 298.62M | 262.70M | 202.30M | 170.90M | 140.60M |
| Cost of revenue | 1932.69M | 1847.90M | 1248.50M | 962.90M | 894.90M |
| Total other income expense net | 15.66M | -3.00M | -0.70M | -0.80M | -1.80M |
| Net income from continuing ops | 119.79M | 40.19M | 68.68M | 40.55M | 33.48M |
| Net income applicable to common shares | - | 34.76M | 66.66M | 41.60M | 33.21M |
| Breakdown | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 |
| Total assets | 981.60M | 934.70M | 766.60M | 560.50M | 445.30M |
| Intangible assets | 56.21M | 71.90M | 85.60M | 39.40M | 26.60M |
| Other current assets | 10.48M | 0.10M | 21.10M | 9.20M | 0.10M |
| Total liab | 481.66M | 544.20M | 396.10M | 275.40M | 195.80M |
| Total stockholder equity | 449.99M | 361.30M | 345.90M | 283.30M | 246.20M |
| Other current liab | 138.71M | 114.72M | 98.16M | 82.33M | 67.62M |
| Common stock | 0.22M | 0.20M | 0.20M | 0.20M | 0.20M |
| Capital stock | 0.22M | 0.22M | 0.22M | 0.22M | 0.22M |
| Retained earnings | 295.78M | 203.20M | 173.10M | 107.00M | 65.60M |
| Other liab | - | 22.57M | 13.21M | 11.05M | 1.95M |
| Good will | 92.39M | 92.40M | 92.40M | 53.80M | 50.60M |
| Other assets | - | 0.10M | 22.12M | -0.20M | 0.10M |
| Cash | 75.77M | 24.80M | 23.10M | 53.60M | 18.90M |
| Total current liabilities | 400.57M | 401.90M | 311.60M | 242.40M | 193.50M |
| Current deferred revenue | 103.77M | 84.90M | 62.50M | 55.70M | 40.60M |
| Net debt | -14.18M | 112.22M | 45.20M | -32.90M | -18.60M |
| Short term debt | 19.50M | 17.32M | 13.97M | 11.06M | - |
| Short long term debt total | 61.59M | 137.02M | 68.30M | 20.70M | 0.30M |
| Other stockholder equity | 153.98M | 157.90M | 172.60M | 176.10M | 180.40M |
| Property plant equipment | - | 54.43M | 35.45M | 24.59M | 25.75M |
| Total current assets | 671.30M | 624.40M | 484.20M | 371.50M | 296.50M |
| Long term investments | 0.68M | 2.45M | 0.01M | 0.00M | 0.41M |
| Net tangible assets | - | 196.96M | 167.94M | 190.19M | 169.00M |
| Net receivables | 489.39M | 487.90M | 371.40M | 283.80M | 245.40M |
| Long term debt | - | 81.63M | 39.75M | 0.22M | 0.30M |
| Inventory | 95.66M | 96.30M | 68.60M | 24.90M | 21.50M |
| Accounts payable | 138.59M | 184.96M | 136.97M | 93.31M | 85.28M |
| Noncontrolling interest in consolidated entity | - | 29.19M | 24.59M | 1.80M | 3.29M |
| Accumulated other comprehensive income | - | - | - | -34.54M | -29.56M |
| Common stock total equity | - | 0.22M | 0.22M | 0.22M | 0.22M |
| Retained earnings total equity | - | 203.20M | 173.13M | 107.00M | 65.60M |
| Treasury stock | - | -44.00M | -29.30M | -24.50M | -12.48M |
| Non currrent assets other | 3.13M | 12.65M | 6.99M | 5.80M | 4.49M |
| Non current assets total | 310.30M | 310.20M | 282.40M | 189.20M | 148.70M |
| Capital lease obligations | 61.59M | 55.46M | 42.62M | 31.59M | - |
| Long term debt total | - | 81.63M | 39.75M | 0.22M | 0.30M |
| Breakdown | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 |
| Investments | 2.77M | -0.50M | -99.57M | -33.59M | -5.75M |
| Change to liabilities | - | 66.37M | 31.84M | 28.90M | 22.01M |
| Total cashflows from investing activities | - | -29.54M | -99.57M | -33.59M | -5.75M |
| Net borrowings | - | 40.52M | 39.68M | -0.20M | -30.25M |
| Total cash from financing activities | -105.75M | 15.00M | 31.20M | -8.50M | -40.30M |
| Change to operating activities | - | -22.38M | -7.31M | -0.07M | -8.07M |
| Net income | 119.79M | 40.20M | 68.70M | 40.60M | 33.50M |
| Change in cash | 50.92M | 1.70M | -30.50M | 34.70M | -7.30M |
| Begin period cash flow | 24.85M | 23.10M | 53.60M | 18.90M | 26.20M |
| End period cash flow | 75.77M | 24.80M | 23.10M | 53.60M | 18.90M |
| Total cash from operating activities | 153.90M | 16.30M | 37.90M | 76.70M | 38.70M |
| Issuance of capital stock | - | 0.05M | 0.00M | 0.03M | 0.00M |
| Depreciation | 29.41M | 25.50M | 21.90M | 12.50M | 9.60M |
| Other cashflows from investing activities | - | 0.22M | -92.17M | -28.85M | 0.55M |
| Dividends paid | - | - | - | -592.77M | - |
| Change to inventory | -1.14M | -27.80M | -30.50M | -2.80M | -0.70M |
| Change to account receivables | 2.92M | -87.20M | -55.40M | -25.40M | -35.30M |
| Sale purchase of stock | -8.28M | -18.60M | -7.00M | -7.70M | -9.80M |
| Other cashflows from financing activities | 2370.09M | 1917.40M | 1317.00M | 1184.93M | 89.00M |
| Change to netincome | - | 6.82M | 15.20M | 17.29M | 8.64M |
| Capital expenditures | 17.67M | 29.30M | 7.40M | 4.70M | 6.30M |
| Change receivables | - | -87.16M | -55.37M | -25.39M | -35.25M |
| Cash flows other operating | - | -7.85M | -15.23M | 5.56M | 0.65M |
| Cash and cash equivalents changes | - | 1.74M | -30.47M | 34.64M | -7.31M |
| Change in working capital | 9.14M | -56.50M | -69.40M | 6.20M | -13.30M |
| Stock based compensation | 4.37M | 3.80M | 3.50M | 3.30M | 2.40M |
| Other non cash items | -13.99M | 3.33M | 1.50M | 9.00M | 0.80M |
| Free cash flow | 136.24M | -13.00M | 30.50M | 72.00M | 32.40M |
Sector: Industrials Industry: Engineering & Construction
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| IESC IES Holdings Inc |
12.86 8.12% |
171.31 | 24.14 | - | 1.02 | 5.10 | 1.00 | 11.59 |
| VCISF VINCI SA |
0.65 0.52% |
125.15 | 14.66 | 12.94 | 1.06 | 2.37 | 1.40 | 8.24 |
| VCISY Vinci SA ADR |
0.80 2.59% |
31.73 | 14.51 | 12.97 | 1.07 | 2.38 | 1.40 | 8.26 |
| FIX Comfort Systems USA Inc |
74.13 7.29% |
1091.63 | 57.81 | 47.39 | 6.47 | 24.14 | 6.44 | 40.64 |
| FER Ferrovial N.V. |
1.88 3.20% |
60.59 | 56.50 | 38.76 | 3.96 | 5.93 | 4.13 | 19.50 |
IES Holdings, Inc. engages in the design and installation of integrated electrical and technology systems, and provides infrastructure products and services in the United States. The Communications segment designs, installs, and maintains network infrastructure within data centers for co-location and managed hosting customers; corporate, educational, financial, hospitality, and healthcare buildings; e-commerce distribution centers; and high-tech manufacturing facilities. This segment also provides design and installation services for audio/visual, telephone, fire, and wireless access and intrusion alarm systems; and engages in designing/building, servicing, and maintaining data network systems. The Residential segment offers electrical installations to single-family housing and multi-family apartments; and cable television installations to residential and light commercial applications, as well as installs residential solar power for new construction and existing residences. The Infrastructure Solutions segment maintains and repairs alternating and direct current electric motors and generators, and power generating and distribution equipment; manufactures custom-engineered metal enclosed bus duct solutions used in power distribution; manufactures custom commercial and industrial generator enclosures; manufactures, re-manufactures, and repairs industrial lifting magnets; and maintains and repairs railroad main and auxiliary generators, main alternators, and traction motors. The Commercial & Industrial segment offers electrical and mechanical design, construction, and maintenance services for office buildings, manufacturing facilities, data centers, chemical plants, refineries, wind farms, solar facilities, municipal infrastructures, and health care facilities. The company was formerly known as Integrated Electrical Services, Inc. and changed its name to IES Holdings, Inc. in May 2016. IES Holdings, Inc. was incorporated in 1997 and is headquartered in Houston, Texas.
| Name | Title | Year Born |
|---|---|---|
| Mr. Jeffrey Lund Gendell | Chairman & CEO | 1959 |
| Ms. Tracy A. McLauchlin | Sr. VP, CFO, Treasurer & Principal Financial Officer | 1970 |
| Mr. Matthew Simmes | Chief Operating Officer | NA |
| Ms. Alison M. Petersen | VP, Chief Accounting Officer & Principal Accounting Officer | 1978 |
| Ms. Mary K. Newman | VP, Gen. Counsel & Corp. Sec. | NA |
| Mr. William A. Albright | VP of Fin. & Corp. Devel. | NA |
| Mr. Harvey Hammock | Sr. VP of Safety | NA |
| Mr. Dwayne Collier | Pres of IES Residential | NA |
| Mr. Michael T. Rice | Pres of Infrastructure Solutions | NA |
| Mr. James Valentine | Pres of IES Commercial & Industrial | NA |
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