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General information

Country: UNITED STATES

Sector: Engineering and Construction

IES Holdings, Inc. provides electrical contracting and maintenance services to the commercial, industrial, residential, and power line markets. The Company also provides data communication services which include the installation of wiring for computer networks and fiber optic telecommunications systems.
Website: ies-co.com



Growth: Good revenue growth rate 10.3%, there is slowdown compared to average historical growth rates 26.8%. The revenue growth dynamics is moderately stable

Profitability: LTM EBITDA margin is positive, +8.5%. On average the margin is improving unsteadily. Gross margin is normal, +22.7%. In the last quarter the company did not beat the estimated EPS. The company was ahead of estimated EPS in 25% of quarters (showing a gain of -$0.53 per share on average)

Cash Flow Generation: Dividend yield for the last twelve months 0.0%. Free cash flow yield 0.6% (LTM)

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 418.8% higher than minimum and 2.1% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, EBITDA margin, industries and geography on average are valued 3.0x by EV / Sales multiple , the company can be >100% undervalued

Insiders: For the last 3 months insiders sold company shares on $13.2 mln (-0.674% of cap.)

Key Financials (Download financials)

Ticker: IESC
Share price, USD:  (+2.8%)131.11
year average price 75.76  


year start price 43.19 2023-04-29

min close price 43.04 2023-05-04

max close price 133.97 2024-04-08

current price 131.11 2024-04-27
Common stocks: 20 198 474

Dividend Yield:  0.0%
FCF Yield LTM: 0.6%
EV / LTM EBITDA: 13.2x
EV / EBITDA annualized: 10.4x
Last revenue growth (y/y):  10.3%
Last growth of EBITDA (y/y):  40.4%
Historical revenue growth:  26.8%
Historical growth of EBITDA:  49.6%
EV / Sales: 1.1x
Margin (EBITDA LTM / Revenue): 8.5%
Fundamental value created in LTM:
Market Cap ($m): 2 648
Net Debt ($m): 92
EV (Enterprise Value): 2 740
Price to Book: 5.4x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

News


2024-03-03Seeking Alpha

IES Holdings: If You Have A Long-Term Vision, You Haven't Missed The Train

2023-12-28Seeking Alpha

IES Holdings: My Top Pick For 2024

2023-12-07InvestorPlace

IESC Stock Earnings: IES Hldgs Reported Results for Q4 2023
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol IESC IESC IESC IESC IESC IESC
reportedCurrency USD USD USD USD USD USD
cik 1M 1M 1M 1M 1M 1M
fillingDate 2024-02-02 2023-12-07 2023-08-04 2023-05-10 2023-02-03 2022-12-06
acceptedDate 2024-02-02 07:50:44 2023-12-07 07:50:25 2023-08-04 07:50:54 2023-05-10 12:48:23 2023-02-03 07:47:47 2022-12-06 07:48:21
calendarYear 2024.000 2023.000 2023.000 2023.000 2023.000 2022.000
period Q1 Q4 Q3 Q2 Q1 Q4
revenue 634M 649M 584M 569M 575M 617M
costOfRevenue 491M 508M 477M 468M 479M 520M
grossProfit 144M 141M 108M 101M 95M 98M
grossProfitRatio 0.227 0.217 0.184 0.177 0.166 0.159
researchAndDevelopmentExpenses 0 0 0 0 0 0
generalAndAdministrativeExpenses 0 0 0 0 0 0
sellingAndMarketingExpenses 0 0 0 0 0 0
sellingGeneralAndAdministrativeExpenses 86M 87M 74M 69M 68M 73M
otherExpenses 217 000 532 000 189 000 2M -695 000 0
operatingExpenses 86M 87M 74M 69M 68M 73M
costAndExpenses 576M 596M 551M 537M 547M 592M
interestIncome 1M 0 0 0 0 0
interestExpense 327 000 329 000 324 000 1 000 000 1M 1M
depreciationAndAmortization 8M 9M 7M 2M 6M 7M
ebitda 67M 63M 40M 33M 33M 26M
ebitdaratio 0.105 0.097 0.069 0.059 0.058 0.042
operatingIncome 58M 53M 34M 32M 27M 19M
operatingIncomeRatio 0.091 0.082 0.059 0.056 0.047 0.031
totalOtherIncomeExpensesNet 253 000 360 000 1M 700 000 12M 5M
incomeBeforeTax 59M 53M 34M 32M 39M 25M
incomeBeforeTaxRatio 0.093 0.082 0.058 0.057 0.067 0.040
incomeTaxExpense 15M 12M 8M 8M 10M 7M
netIncome 41M 38M 23M 22M 26M 16M
netIncomeRatio 0.065 0.058 0.039 0.038 0.046 0.026
eps 1.890 1.680 0.820 0.930 1.150 0.730
epsdiluted 1.870 1.660 0.810 0.920 1.140 0.720
weightedAverageShsOut 20M 20M 20M 20M 20M 20M
weightedAverageShsOutDil 20M 20M 20M 20M 20M 21M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Balance Sheet Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol IESC IESC IESC IESC IESC IESC
reportedCurrency USD USD USD USD USD USD
cik 1M 1M 1M 1M 1M 1M
fillingDate 2024-02-02 2023-12-07 2023-08-04 2023-05-10 2023-02-03 2022-12-06
acceptedDate 2024-02-02 07:50:44 2023-12-07 07:50:25 2023-08-04 07:50:54 2023-05-10 12:48:23 2023-02-03 07:47:47 2022-12-06 07:48:21
calendarYear 2024.000 2023.000 2023.000 2023.000 2023.000 2022.000
period Q1 Q4 Q3 Q2 Q1 Q4
cashAndCashEquivalents 87M 76M 29M 15M 5M 25M
shortTermInvestments 0 0 0 0 0 0
cashAndShortTermInvestments 87M 76M 29M 15M 5M 25M
netReceivables 510M 489M 461M 453M 463M 488M
inventory 114M 96M 103M 106M 100M 96M
otherCurrentAssets 16M 10M 13M 18M 21M 100 000
totalCurrentAssets 728M 671M 604M 592M 589M 624M
propertyPlantEquipmentNet 128M 138M 110M 109M 111M 110M
goodwill 92M 92M 92M 92M 92M 92M
intangibleAssets 53M 56M 60M 64M 67M 72M
goodwillAndIntangibleAssets 146M 149M 153M 156M 159M 164M
longTermInvestments 0 675 000 0 0 0 2M
taxAssets 20M 20M 15M 15M 21M 21M
otherNonCurrentAssets 21M 3M 17M 17M 17M 13M
totalNonCurrentAssets 314M 310M 295M 297M 307M 310M
otherAssets 0 0 0 0 0 100 000
totalAssets 1 042M 982M 900M 889M 897M 935M
accountPayables 270M 139M 0 0 0 185M
shortTermDebt 25M 19M 0 0 0 17M
taxPayables 0 0 0 0 0 0
deferredRevenue 127M 104M 109M 95M 95M 85M
otherCurrentLiabilities 0 139M 261M 278M 281M 115M
totalCurrentLiabilities 422M 401M 370M 373M 377M 402M
longTermDebt 42M 42M 36M 51M 81M 120M
deferredRevenueNonCurrent 0 -27M 0 0 0 0
deferredTaxLiabilitiesNonCurrent 0 27M 0 0 0 0
otherNonCurrentLiabilities 34M 39M 34M 31M 28M -145M
totalNonCurrentLiabilities 76M 81M 70M 82M 109M 142M
otherLiabilities 0 0 0 0 0 0
capitalLeaseObligations 42M 62M 36M 37M 39M 38M
totalLiabilities 498M 482M 440M 455M 486M 544M
preferredStock 0.000 0 0 0 0 0
commonStock 220 000 220 000 220 000 200 000 220 000 200 000
retainedEarnings 334M 296M 262M 245M 227M 203M
accumulatedOtherComprehensiveIncomeLoss -0.000 -0.000 0 0 0 0
othertotalStockholdersEquity 154M 154M 153M 152M 151M 158M
totalStockholdersEquity 489M 450M 415M 398M 378M 361M
totalEquity 544M 500M 460M 434M 378M 361M
totalLiabilitiesAndStockholdersEquity 1 042M 982M 900M 889M 897M 935M
minorityInterest 55M 50M 45M 37M 33M 0
totalLiabilitiesAndTotalEquity 1 042M 982M 900M 889M 897M 935M
totalInvestments 0 675 000 0 0 0 2M
totalDebt 42M 62M 36M 51M 81M 120M
netDebt -45M -14M 8M 36M 76M 95M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Cash Flow Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol IESC IESC IESC IESC IESC IESC
reportedCurrency USD USD USD USD USD USD
cik 1M 1M 1M 1M 1M 1M
fillingDate 2024-02-02 2023-12-07 2023-08-04 2023-05-10 2023-02-03 2022-12-06
acceptedDate 2024-02-02 07:50:44 2023-12-07 07:50:25 2023-08-04 07:50:54 2023-05-10 12:48:23 2023-02-03 07:47:47 2022-12-06 07:48:21
calendarYear 2024.000 2023.000 2023.000 2023.000 2023.000 2022.000
period Q1 Q4 Q3 Q2 Q1 Q4
netIncome 44M 41M 26M 24M 29M 18M
depreciationAndAmortization 8M 9M 7M 7M 6M 7M
deferredIncomeTax 1M -4M 2M 6M 533 000 -2M
stockBasedCompensation 1M 1M 1M 1M 905 000 878 000
changeInWorkingCapital -29M 10M 997 000 7M -9M 10M
accountsReceivables -25M -22M -10M 18M 18M -26M
inventory -18M 7M 4M -7M -5M -4M
accountsPayables -3M 31M -7M 0 -30M 49M
otherWorkingCapital 17M -5M 14M -4M 7M -9M
otherNonCashItems 30 000 -428 000 -863 000 232 000 -13M 489 000
netCashProvidedByOperatingActivities 25M 57M 37M 46M 14M 34M
investmentsInPropertyPlantAndEquipment -7M -6M -5M -4M -3M -3M
acquisitionsNet 526 000 334 000 0 0 0 500 000
purchasesOfInvestments -130 000 165 000 0 0 -165 000 0
salesMaturitiesOfInvestments -526 000 -334 000 0 0 0 0
otherInvestingActivites 656 000 4000.000 1M -81 000 19M -456 000
netCashUsedForInvestingActivites -6M -6M -3M -4M 16M -3M
debtRepayment -655M -623M -612M -584M -648M -556M
commonStockIssued 0 8000.000 0 0 0 0
commonStockRepurchased -929 000 -71 000 -576 000 -148 000 -7M -8M
dividendsPaid 0 0 0 0 0 0
otherFinancingActivites 649M 620M 593M 552M 606M 540M
netCashUsedProvidedByFinancingActivities -7M -4M -20M -32M -50M -24M
effectOfForexChangesOnCash 0 14M -14M 0 0 0
netChangeInCash 12M 47M 13M 10M -20M 8M
cashAtEndOfPeriod 87M 76M 29M 15M 5M 25M
cashAtBeginningOfPeriod 76M 29M 15M 5M 25M 17M
operatingCashFlow 25M 57M 37M 46M 14M 34M
capitalExpenditure -7M -6M -5M -4M -3M -3M
freeCashFlow 18M 51M 32M 42M 12M 31M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Earning call transcript

Press-releases

Show financial reports only

2024-02-02 12:45 ET
IES Holdings Reports Fiscal 2024 First Quarter Results
2024-01-29 13:30 ET
IES Holdings Announces Fiscal 2024 First Quarter Results Earnings Release Schedule
2023-12-07 12:45 ET
IES Holdings Reports Fiscal 2023 Fourth Quarter and Full Year Results
2023-12-07 12:42 ET
IES Holdings Promotes Matthew Simmes to President and Chief Operating Officer
2023-12-04 21:15 ET
IES Holdings Announces Fiscal 2023 Fourth Quarter and Year-End Results Earnings Release Schedule
2023-08-14 12:00 ET
IES Holdings to Present and Host 1x1 Investor Meetings at the 14th Annual Midwest IDEAS Investor Conference on August 24th in Chicago, IL
2023-08-04 11:45 ET
IES Holdings Reports Fiscal 2023 Third Quarter Results
2023-07-28 12:00 ET
IES Holdings Announces Fiscal 2023 Third Quarter Results Earnings Release Schedule
2023-05-10 11:45 ET
IES Holdings Reports Fiscal 2023 Second Quarter Results
2023-05-03 12:00 ET
IES Holdings Announces Fiscal 2023 Second Quarter Results Earnings Release Schedule
2023-02-03 12:45 ET
IES Holdings Reports Fiscal 2023 First Quarter Results
2023-01-30 21:15 ET
IES Holdings Announces Fiscal 2023 First Quarter Results Earnings Release Schedule
2022-12-06 12:45 ET
IES Holdings Reports Fiscal 2022 Fourth Quarter and Full Year Results; Board Authorizes New $40 Million Share Repurchase Program
2022-12-01 13:00 ET
IES Holdings Announces Fiscal 2022 Fourth Quarter and Year-End Results Earnings Release Schedule
2022-10-10 12:45 ET
IES Holdings Divests STR Mechanical
2022-08-04 11:45 ET
IES Holdings Reports Fiscal 2022 Third Quarter Results
2022-08-01 12:00 ET
IES Holdings Announces Fiscal 2022 Third Quarter Results Earnings Release Schedule
2022-04-29 11:45 ET
IES Holdings Reports Fiscal 2022 Second Quarter Results
2022-04-25 20:15 ET
IES Holdings Announces Fiscal 2022 Second Quarter Results Earnings Release Schedule
2022-02-02 12:45 ET
IES Holdings Reports Fiscal 2022 First Quarter Results
2022-01-27 22:00 ET
IES Holdings Announces Fiscal 2022 First Quarter Results Earnings Release Schedule
2022-01-03 12:45 ET
IES Holdings Appoints Jennifer A. Baldock to its Board of Directors
2021-12-03 12:46 ET
IES Holdings Appoints Matthew Simmes as Chief Operating Officer
2021-12-03 12:45 ET
IES Holdings Reports Fiscal 2021 Fourth Quarter and Full Year Results
2021-12-01 21:30 ET
IES Holdings Announces Fiscal 2021 Fourth Quarter and Year-End Results Earnings Release Schedule
2021-10-06 20:10 ET
IES Holdings Invests in Automation Intellect
2021-08-05 11:45 ET
IES Holdings Reports Fiscal 2021 Third Quarter Results
2021-07-27 21:01 ET
IES Holdings Announces Fiscal 2021 Third Quarter Results Earnings Release Schedule
2021-06-11 12:00 ET
IES Holdings Acquires Remaining Ownership Interest in Mechanical Services Business
2021-06-08 12:00 ET
IES Holdings to Present at the Stifel 2021 Virtual Cross Sector Insight Conference
2021-05-18 12:30 ET
IES Holdings Acquires Edmonson Electric to Expand Florida Presence
2021-05-10 12:00 ET
IES Holdings Terminates NOL Rights Plan
2021-04-30 12:00 ET
IES Holdings Reports Fiscal 2021 Second Quarter Results
2021-04-26 12:00 ET
IES Holdings Announces Fiscal 2021 Second Quarter Results Earnings Release Schedule
2021-04-19 12:00 ET
IES Holdings Appoints Elizabeth D. Leykum to its Board of Directors
2021-02-05 13:00 ET
IES Holdings Reports Fiscal 2021 First Quarter Results
2021-02-01 22:30 ET
IES Holdings Announces Fiscal 2021 First Quarter Results Earnings Release Schedule
2020-12-21 13:30 ET
IES Holdings Acquires Bayonet Plumbing, Heating & Air-Conditioning
2020-12-07 13:30 ET
IES Holdings Reports Fiscal 2020 Fourth Quarter and Full Year Results
2020-12-01 21:15 ET
IES Holdings Announces Fiscal 2020 Fourth Quarter and Year-End Results Earnings Release Schedule
2020-11-19 13:30 ET
IES Holdings Acquires Wedlake Fabricating
2020-11-05 13:30 ET
IES Holdings Acquires K.E.P. Electric
2020-10-05 12:30 ET
IES Holdings Announces Appointment of Chief Executive Officer
2020-08-07 12:30 ET
IES Holdings Reports Fiscal 2020 Third Quarter Results
2020-08-03 12:00 ET
IES Holdings, Inc. Appoints Jeffrey Gendell as Interim Chief Executive Officer
2020-07-31 12:46 ET
IES Holdings Announces Fiscal 2020 Third Quarter Results Earnings Release Schedule
2020-05-05 12:00 ET
IES Holdings Reports Fiscal 2020 Second Quarter Results
2020-04-30 20:25 ET
IES Holdings Announces Fiscal 2020 Second Quarter Results Earnings Release Schedule
2020-02-21 13:30 ET
IES Holdings Acquires Plant Power & Control Systems
2020-02-18 14:07 ET
IES Holdings Acquires Aerial Lighting & Electric
2020-02-10 13:30 ET
IES Holdings Announces New Executive Appointments
2020-02-04 13:30 ET
IES Holdings Reports Fiscal 2020 First Quarter Results
2020-01-28 21:48 ET
IES Holdings Announces Fiscal 2020 First Quarter Results Earnings Release Schedule
2019-12-06 13:30 ET
IES Holdings Reports Fiscal 2019 Fourth Quarter and Year-End Results
2019-12-02 13:30 ET
IES Holdings Announces Fiscal 2019 Fourth Quarter and Year-End Results Earnings Release Schedule
2019-09-09 12:30 ET
IES Holdings Announces Extension of Credit Agreement with Improved Terms

SEC forms

Show financial reports only

SEC form 10
2024-02-02 00:00 ET
IES published news for 2023 q4
SEC form 8
2024-02-02 00:00 ET
IES published news for 2023 q4
SEC form 8
2024-02-02 00:00 ET
IES reported for 2023 q4
SEC form 8
2023-12-07 07:55 ET
IES reported for 2023 q3
SEC form 10
2023-12-07 07:50 ET
IES reported for 2023 q3
SEC form 10
2023-12-07 00:00 ET
IES published news for 2023 q3
SEC form 6
2023-08-04 07:55 ET
IES published news for 2023 q2
SEC form 10
2023-08-04 07:50 ET
IES reported for 2023 q2
SEC form 8
2023-08-04 00:00 ET
IES published news for 2023 q2
SEC form 10
2023-08-04 00:00 ET
IES published news for 2023 q2
SEC form 6
2023-06-16 17:18 ET
IES published news for 2023 q1
SEC form 10
2023-05-10 00:00 ET
IES published news for 2023 q1
SEC form 8
2023-05-10 00:00 ET
IES reported for 2023 q1
SEC form 6
2023-02-24 17:13 ET
IES published news for 2022 q4
SEC form 6
2023-02-03 07:48 ET
IES published news for 2022 q4
SEC form 10
2023-02-03 07:47 ET
IES reported for 2022 q4
SEC form 8
2023-02-03 00:00 ET
IES reported for 2022 q4
SEC form 10
2023-02-03 00:00 ET
IES reported for 2022 q4
SEC form 6
2023-01-09 07:20 ET
IES published news for 2022 q4
SEC form 6
2022-12-06 07:49 ET
IES published news for 2022 q3
SEC form 10
2022-12-06 07:48 ET
IES reported for 2022 q3
SEC form 10
2022-12-06 00:00 ET
IES reported for 2022 q3
SEC form 8
2022-12-06 00:00 ET
IES reported for 2022 q3
SEC form 6
2022-08-04 07:51 ET
IES published news for 2022 q2
SEC form 10
2022-08-04 07:50 ET
IES reported for 2022 q2
SEC form 10
2022-08-04 00:00 ET
IES reported for 2022 q2
SEC form 8
2022-08-04 00:00 ET
IES reported for 2022 q2
SEC form 6
2022-04-29 07:51 ET
IES published news for 2022 q1
SEC form 10
2022-04-29 07:50 ET
IES reported for 2022 q1
SEC form 10
2022-04-29 00:00 ET
IES reported for 2022 q1
SEC form 8
2022-04-29 00:00 ET
IES reported for 2022 q1
SEC form 6
2022-02-25 17:11 ET
IES published news for 2021 q4
SEC form 6
2022-02-25 17:06 ET
IES published news for 2021 q4
SEC form 6
2022-02-02 07:53 ET
IES published news for 2021 q4
SEC form 10
2022-02-02 07:50 ET
IES published news for 2021 q4
SEC form 8
2022-02-02 00:00 ET
IES published news for 2021 q4
SEC form 10
2022-02-02 00:00 ET
IES published news for 2021 q4
SEC form 6
2022-01-10 07:48 ET
IES published news for 2021 q4
SEC form 6
2022-01-03 07:50 ET
IES published news for 2021 q4
SEC form 6
2021-12-03 07:51 ET
IES published news for 2021 q3
SEC form 10
2021-12-03 07:50 ET
IES published news for 2021 q3
SEC form 8
2021-12-03 00:00 ET
IES published news for 2021 q3
SEC form 10
2021-12-03 00:00 ET
IES published news for 2021 q3
SEC form 6
2021-08-05 07:50 ET
IES published news for 2021 q2
SEC form 10
2021-08-05 07:48 ET
IES published news for 2021 q2
SEC form 8
2021-08-05 00:00 ET
IES published news for 2021 q2
SEC form 10
2021-08-05 00:00 ET
IES published news for 2021 q2
SEC form 6
2021-06-11 08:17 ET
IES published news for 2021 q1
SEC form 6
2021-06-08 08:16 ET
IES published news for 2021 q1
SEC form 6
2021-05-24 17:02 ET
IES published news for 2021 q1
SEC form 6
2021-05-18 09:01 ET
IES published news for 2021 q1
SEC form 6
2021-05-10 08:24 ET
IES published news for 2021 q1
SEC form 6
2021-04-30 08:06 ET
IES published news for 2021 q1
SEC form 10
2021-04-30 08:05 ET
IES published news for 2021 q1
SEC form 10
2021-04-30 00:00 ET
IES published news for 2021 q1
SEC form 8
2021-04-30 00:00 ET
IES published news for 2021 q1
SEC form 6
2021-04-23 18:20 ET
IES published news for 2021 q1
SEC form 6
2021-04-23 18:19 ET
IES published news for 2021 q1
SEC form 6
2021-04-19 08:06 ET
IES published news for 2021 q1
SEC form 6
2021-03-01 08:13 ET
IES published news for 2020 q4
SEC form 6
2021-02-05 08:04 ET
IES published news for 2020 q4
SEC form 10
2021-02-05 08:04 ET
IES published news for 2020 q4
SEC form 6
2021-01-11 08:01 ET
IES published news for 2020 q4
SEC form 6
2020-12-21 08:40 ET
IES published news for 2020 q3
SEC form 6
2020-12-07 08:38 ET
IES published news for 2020 q3
SEC form 10
2020-12-07 08:36 ET
IES published news for 2020 q3
SEC form 6
2020-11-19 08:51 ET
IES published news for 2020 q3
SEC form 6
2020-11-05 08:45 ET
IES published news for 2020 q3
SEC form 6
2020-10-05 08:50 ET
IES published news for 2020 q3