Construction Partners Stock Total Asset

ROAD Stock  USD 70.77  0.20  0.28%   
Construction Partners fundamentals help investors to digest information that contributes to Construction Partners' financial success or failures. It also enables traders to predict the movement of Construction Stock. The fundamental analysis module provides a way to measure Construction Partners' 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 Construction Partners stock.
Last ReportedProjected for Next Year
Total Assets1.4 B745.9 M
Intangibles To Total Assets 0.13  0.08 
As of October 11, 2024, Total Assets is expected to decline to about 745.9 M. In addition to that, Intangibles To Total Assets is expected to decline to 0.08.
  
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Construction Partners Company Total Asset Analysis

Construction Partners' Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Construction Partners Total Asset

    
  1.22 B  
Most of Construction Partners' fundamental indicators, such as Total Asset, 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, Construction Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Construction Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Construction Partners is extremely important. It helps to project a fair market value of Construction Stock properly, considering its historical fundamentals such as Total Asset. Since Construction Partners' 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 Construction Partners' 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 Construction Partners' interrelated accounts and indicators.
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Construction Total Asset Historical Pattern

Today, most investors in Construction Partners Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Construction Partners' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Construction Partners total asset as a starting point in their analysis.
   Construction Partners Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Construction Total Assets

Total Assets

745.91 Million

At present, Construction Partners' Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Construction Partners has a Total Asset of 1.22 B. This is 69.55% lower than that of the Construction & Engineering sector and 67.11% lower than that of the Industrials industry. The total asset for all United States stocks is 95.86% higher than that of the company.

Construction Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Construction Partners' direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Construction Partners could also be used in its relative valuation, which is a method of valuing Construction Partners by comparing valuation metrics of similar companies.
Construction Partners is currently under evaluation in total asset category among its peers.

Construction Partners Current Valuation Drivers

We derive many important indicators used in calculating different scores of Construction Partners from analyzing Construction Partners' financial statements. These drivers represent accounts that assess Construction Partners' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Construction Partners' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap937.1M1.7B1.4B1.9B1.7B1.8B
Enterprise Value888.4M1.9B1.7B2.2B2.0B2.1B

Construction Partners ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Construction Partners' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Construction Partners' managers, analysts, and investors.
Environmental
Governance
Social

Construction Partners Institutional Holders

Institutional Holdings refers to the ownership stake in Construction Partners that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Construction Partners' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Construction Partners' value.
Shares
State Street Corp2024-06-30
978.7 K
Dimensional Fund Advisors, Inc.2024-06-30
972.4 K
American Century Companies Inc2024-06-30
949.1 K
Amvescap Plc.2024-06-30
917.6 K
First Trust Advisors L.p.2024-06-30
798.6 K
Loomis, Sayles & Company Lp2024-06-30
764.4 K
Driehaus Capital Management Llc2024-06-30
569.4 K
Jennison Associates Llc2024-06-30
529.6 K
Mirae Asset Global Etfs Holdings Ltd.2024-06-30
527 K
Conestoga Capital Advisors, Llc2024-06-30
4.1 M
Blackrock Inc2024-06-30
3.6 M

Construction Fundamentals

About Construction Partners Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Construction Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Construction Partners using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Construction Partners 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Construction Partners is a strong investment it is important to analyze Construction Partners' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Construction Partners' future performance. For an informed investment choice regarding Construction Stock, refer to the following important reports:
Check out Construction Partners Piotroski F Score and Construction Partners Altman Z Score analysis.
For information on how to trade Construction Stock refer to our How to Trade Construction Stock guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Construction & Engineering space 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 Construction Partners. If investors know Construction 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 Construction Partners 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
0.439
Earnings Share
1.34
Revenue Per Share
33.93
Quarterly Revenue Growth
0.227
Return On Assets
0.0552
The market value of Construction Partners is measured differently than its book value, which is the value of Construction that is recorded on the company's balance sheet. Investors also form their own opinion of Construction Partners' value that differs from its market value or its book value, called intrinsic value, which is Construction Partners' 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 Construction Partners' market value can be influenced by many factors that don't directly affect Construction Partners' 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 Construction Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Construction Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Construction Partners' 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.