Granite Construction Incorporated Stock Return On Equity

GVA Stock

USD 53.68 0.14 0.26%

Granite Construction Incorporated fundamentals help investors to digest information that contributes to Granite Construction's financial success or failures. It also enables traders to predict the movement of Granite Stock. The fundamental analysis module provides a way to measure Granite Construction's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Granite Construction stock.

		Last Reported	Projected for Next Year
	Return On Equity	0.04	0.09

The current year's Return On Equity is expected to grow to 0.09.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Granite Construction Incorporated Company Return On Equity Analysis

Granite Construction's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Granite Construction Return On Equity

0.0294

Most of Granite Construction's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Granite Construction Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Granite Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Granite Construction is extremely important. It helps to project a fair market value of Granite Stock properly, considering its historical fundamentals such as Return On Equity. Since Granite Construction's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Granite Construction's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Granite Construction's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Short Term Investments	Common Stock	Long Term Debt	Property Plant Equipment	Current Deferred Revenue	Good Will	Intangible Assets	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.9	0.19	0.34	0.7	0.71	0.97	0.33	0.73	0.13	0.89	0.51	0.89	0.67	0.57	0.2	0.65	0.68	0.79	-0.42	-0.33	0.41	0.69	0.55	0.34	-0.01
Total Stockholder Equity	0.9		0.06	0.64	0.57	0.5	0.84	0.34	0.6	0.4	0.84	0.32	0.78	0.34	0.6	0.1	0.58	0.52	0.61	-0.36	-0.07	0.46	0.48	0.49	0.36	0.11
Net Debt	0.19	0.06		-0.07	0.62	0.64	0.1	0.2	0.23	-0.52	0.32	0.85	0.33	0.34	0.55	0.79	0.58	0.33	0.3	-0.24	-0.05	0.46	0.3	0.73	-0.13	-0.75
Retained Earnings	0.34	0.64	-0.07		0.09	-0.01	0.27	0.08	0.03	0.63	0.25	0.0	0.22	-0.18	0.13	0.04	0.02	-0.17	-0.2	-0.07	0.31	0.35	-0.26	-0.01	0.1	0.25
Net Receivables	0.7	0.57	0.62	0.09		0.92	0.69	0.11	0.5	-0.08	0.84	0.82	0.77	0.58	0.6	0.51	0.77	0.58	0.73	-0.57	-0.36	0.57	0.82	0.71	0.02	-0.65
Total Liab	0.71	0.5	0.64	-0.01	0.92		0.71	0.24	0.61	-0.33	0.85	0.91	0.8	0.74	0.58	0.58	0.65	0.72	0.74	-0.48	-0.59	0.34	0.8	0.69	0.0	-0.68
Total Current Assets	0.97	0.84	0.1	0.27	0.69	0.71		0.2	0.65	0.19	0.86	0.46	0.81	0.68	0.42	0.09	0.6	0.62	0.77	-0.45	-0.48	0.38	0.73	0.45	0.43	-0.01
Short Term Debt	0.33	0.34	0.2	0.08	0.11	0.24	0.2		0.82	-0.42	0.31	0.16	0.3	0.21	0.66	0.15	0.31	0.37	0.37	-0.16	-0.06	0.07	0.2	0.39	-0.15	-0.02
Accounts Payable	0.73	0.6	0.23	0.03	0.5	0.61	0.65	0.82		-0.33	0.68	0.41	0.69	0.6	0.7	0.17	0.52	0.67	0.74	-0.36	-0.33	0.14	0.61	0.51	-0.05	-0.12
Short Term Investments	0.13	0.4	-0.52	0.63	-0.08	-0.33	0.19	-0.42	-0.33		0.05	-0.46	-0.1	-0.43	-0.25	-0.54	-0.11	-0.35	-0.2	-0.02	0.3	0.24	-0.18	-0.33	0.34	0.5
Common Stock	0.89	0.84	0.32	0.25	0.84	0.85	0.86	0.31	0.68	0.05		0.66	0.89	0.56	0.69	0.29	0.7	0.77	0.84	-0.48	-0.42	0.37	0.8	0.68	0.22	-0.35
Long Term Debt	0.51	0.32	0.85	0.0	0.82	0.91	0.46	0.16	0.41	-0.46	0.66		0.67	0.61	0.57	0.8	0.58	0.63	0.54	-0.33	-0.38	0.35	0.56	0.74	-0.09	-0.77
Property Plant Equipment	0.89	0.78	0.33	0.22	0.77	0.8	0.81	0.3	0.69	-0.1	0.89	0.67		0.7	0.66	0.46	0.64	0.79	0.79	-0.39	-0.32	0.3	0.72	0.66	0.08	-0.26
Current Deferred Revenue	0.67	0.34	0.34	-0.18	0.58	0.74	0.68	0.21	0.6	-0.43	0.56	0.61	0.7		0.22	0.35	0.45	0.52	0.62	-0.41	-0.55	0.1	0.66	0.38	0.07	-0.3
Good Will	0.57	0.6	0.55	0.13	0.6	0.58	0.42	0.66	0.7	-0.25	0.69	0.57	0.66	0.22		0.51	0.76	0.72	0.71	-0.25	-0.03	0.49	0.54	0.89	0.09	-0.32
Intangible Assets	0.2	0.1	0.79	0.04	0.51	0.58	0.09	0.15	0.17	-0.54	0.29	0.8	0.46	0.35	0.51		0.47	0.38	0.23	-0.16	-0.14	0.37	0.24	0.67	-0.14	-0.62
Net Tangible Assets	0.65	0.58	0.58	0.02	0.77	0.65	0.6	0.31	0.52	-0.11	0.7	0.58	0.64	0.45	0.76	0.47		0.53	0.8	-0.53	-0.12	0.74	0.74	0.9	0.38	-0.35
Long Term Debt Total	0.68	0.52	0.33	-0.17	0.58	0.72	0.62	0.37	0.67	-0.35	0.77	0.63	0.79	0.52	0.72	0.38	0.53		0.85	-0.14	-0.45	0.04	0.68	0.7	0.17	-0.28
Capital Surpluse	0.79	0.61	0.3	-0.2	0.73	0.74	0.77	0.37	0.74	-0.2	0.84	0.54	0.79	0.62	0.71	0.23	0.8	0.85		-0.43	-0.41	0.33	0.9	0.75	0.31	-0.25
Deferred Long Term Liab	-0.42	-0.36	-0.24	-0.07	-0.57	-0.48	-0.45	-0.16	-0.36	-0.02	-0.48	-0.33	-0.39	-0.41	-0.25	-0.16	-0.53	-0.14	-0.43		0.25	-0.43	-0.53	-0.33	-0.06	0.31
Long Term Investments	-0.33	-0.07	-0.05	0.31	-0.36	-0.59	-0.48	-0.06	-0.33	0.3	-0.42	-0.38	-0.32	-0.55	-0.03	-0.14	-0.12	-0.45	-0.41	0.25		0.15	-0.54	-0.11	-0.19	0.32
Short Long Term Debt	0.41	0.46	0.46	0.35	0.57	0.34	0.38	0.07	0.14	0.24	0.37	0.35	0.3	0.1	0.49	0.37	0.74	0.04	0.33	-0.43	0.15		0.41	0.61	0.33	-0.13
Cash And Equivalents	0.69	0.48	0.3	-0.26	0.82	0.8	0.73	0.2	0.61	-0.18	0.8	0.56	0.72	0.66	0.54	0.24	0.74	0.68	0.9	-0.53	-0.54	0.41		0.63	0.16	-0.42
Net Invested Capital	0.55	0.49	0.73	-0.01	0.71	0.69	0.45	0.39	0.51	-0.33	0.68	0.74	0.66	0.38	0.89	0.67	0.9	0.7	0.75	-0.33	-0.11	0.61	0.63		0.26	-0.46
Net Working Capital	0.34	0.36	-0.13	0.1	0.02	0.0	0.43	-0.15	-0.05	0.34	0.22	-0.09	0.08	0.07	0.09	-0.14	0.38	0.17	0.31	-0.06	-0.19	0.33	0.16	0.26		0.38
Capital Stock	-0.01	0.11	-0.75	0.25	-0.65	-0.68	-0.01	-0.02	-0.12	0.5	-0.35	-0.77	-0.26	-0.3	-0.32	-0.62	-0.35	-0.28	-0.25	0.31	0.32	-0.13	-0.42	-0.46	0.38

Click cells to compare fundamentals

For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

Competition

Predict Granite Construction

Return On Equity Over Time

Granite Total Stockholder Equity

Total Stockholder Equity

648.16 Million

At present, Granite Construction's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting.

Based on the latest financial disclosure, Granite Construction Incorporated has a Return On Equity of 0.0294. This is 93.32% lower than that of the Construction & Engineering sector and 98.54% lower than that of the Industrials industry. The return on equity for all United States stocks is 109.48% lower than that of the firm.

Granite Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Granite Construction's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Granite Construction could also be used in its relative valuation, which is a method of valuing Granite Construction by comparing valuation metrics of similar companies.

Granite Construction is currently under evaluation in return on equity category among related companies.

Granite Fundamentals

	Return On Equity	0.0294
	Return On Asset	0.0141
	Profit Margin	0.01 %
	Operating Margin	0 %
	Current Valuation	2.52 B
	Shares Outstanding	43.97 M
	Shares Owned By Insiders	0.89 %
	Shares Owned By Institutions	99.11 %
	Number Of Shares Shorted	4.16 M
	Price To Earning	33.49 X
	Price To Book	2.49 X
	Price To Sales	0.69 X
	Revenue	3.51 B
	Gross Profit	369.49 M
	EBITDA	143.99 M
	Net Income	43.6 M
	Cash And Equivalents	293.99 M
	Cash Per Share	11.02 X
	Total Debt	735.09 M
	Debt To Equity	0.33 %
	Current Ratio	1.52 X
	Book Value Per Share	22.24 X
	Cash Flow From Operations	183.71 M
	Short Ratio	11.23 X
	Earnings Per Share	0.97 X
	Price To Earnings To Growth	5.56 X
	Target Price	62.8
	Number Of Employees	2.1 K
	Beta	1.47
	Market Capitalization	2.36 B
	Total Asset	2.81 B
	Retained Earnings	501.84 M
	Working Capital	613.57 M
	Current Asset	985.22 M
	Current Liabilities	466.05 M
	Annual Yield	0.01 %
	Five Year Return	1.63 %
	Net Asset	2.81 B
	Last Dividend Paid	0.52

About Granite Construction Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Granite Construction Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Granite Construction using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Granite Construction Incorporated based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether Granite Construction offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Granite Construction's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Granite Construction Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Granite Construction Incorporated Stock:

How To Invest In Granite

Details

Is Granite Stock a good investment?

Details

What is Granite Construction's Net Worth?

Details

Largest Construction & Engineering Companies

View

Largest Engineering & Construction Companies

View

Check out Granite Construction Piotroski F Score and Granite Construction Altman Z Score analysis.

You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for Granite Stock analysis

When running Granite Construction's price analysis, check to measure Granite Construction's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Granite Construction is operating at the current time. Most of Granite Construction's value examination focuses on studying past and present price action to predict the probability of Granite Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Construction's price. Additionally, you may evaluate how the addition of Granite Construction to your portfolios can decrease your overall portfolio volatility.

	Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital
	Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios
	Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account
	Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
	CEOs Directory Screen CEOs from public companies around the world
	Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
	Share Portfolio Track or share privately all of your investments from the convenience of any device
	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments
	Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
	Global Correlations Find global opportunities by holding instruments from different markets
	Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets

Is Granite Construction's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Granite Construction. If investors know Granite will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Granite Construction listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.295

Dividend Share

0.52

Earnings Share

0.97

Revenue Per Share

79.973

Quarterly Revenue Growth

0.183

The market value of Granite Construction is measured differently than its book value, which is the value of Granite that is recorded on the company's balance sheet. Investors also form their own opinion of Granite Construction's value that differs from its market value or its book value, called intrinsic value, which is Granite Construction's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Granite Construction's market value can be influenced by many factors that don't directly affect Granite Construction's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Granite Construction's value and its price as these two are different measures arrived at by different means. Investors typically determine if Granite Construction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Granite Construction's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Granite Construction Incorporated Stock Return On Equity

Granite Construction Incorporated Company Return On Equity Analysis

Return On Equity

Net Income

Total Equity

Current Granite Construction Return On Equity

Granite Return On Equity Driver Correlations

Granite Total Stockholder Equity

Total Stockholder Equity

648.16 Million

Granite Return On Equity Peer Comparison

Granite Fundamentals

About Granite Construction Fundamental Analysis

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Granite Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY