AECOM (ACM) vs IES Holdings, Inc. (IESC)

AECOM and IES Holdings, Inc. are both Engineering & Construction companies. IES Holdings, Inc. is the larger, with a market value of $12.8B against $7.7B — 1.7× the size. AECOM trades at the lower P/E: 27.6× against 28.4×. IES Holdings, Inc. grew revenue faster over the last twelve months: 22.7% against −4.24%. IES Holdings, Inc. has the higher net margin (11.4% vs 1.87%) and the higher return on invested capital (36.6% vs 9.62%). Across the 22 metrics below, IES Holdings, Inc. leads on 14 and AECOM on 8.

Valuation

Metric ACM IESC Engineering & Construction median
P/E 27.55 28.41 28.59
P/S 0.51 3.24 1.15
P/B 3.26 10.51 3.96
Price to free cash flow 38.42 56.36 25.24
EV/EBITDA 11.26 22.82 14.87
EV/Sales 0.62 3.16 1.42
Earnings yield 3.63% 3.52% 2.47%
Free cash flow yield 2.60% 1.77% 1.91%

Profitability

Metric ACM IESC Engineering & Construction median
Gross margin 5.68% 26.31% 18.76%
Operating margin 4.10% 12.37% 6.26%
Net margin 1.87% 11.40% 2.23%
Free cash flow margin 1.32% 5.75% 1.83%
Return on equity 11.30% 45.20% 7.90%
Return on assets 2.37% 24.26% 0.87%
Return on invested capital 9.62% 36.61% 2.52%

Growth

Metric ACM IESC Engineering & Construction median
Revenue growth (TTM) (4.24%) 22.66% 16.67%
EPS growth (last fiscal year) 42.71% 51.87% —
Revenue growth, 5-year CAGR 4.04% 23.14% 11.76%
Net income growth, 5-year CAGR 0.00% 49.32% 0.00%

Health

Metric ACM IESC Engineering & Construction median
Debt to equity 1.13 0.00 0.40
Current ratio 1.06 1.63 1.39
Net debt to EBITDA 0.93 (0.54) 0.38

Dividend

Metric ACM IESC Engineering & Construction median
Dividend yield 0.40% — 0.65%
Payout ratio 0.50 0.00 0.00

Size

Metric ACM IESC Engineering & Construction median
Market cap 7.66b 12.77b 1.31b

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