Financials MasTec, Inc.

Equities

MTZ

US5763231090

Construction & Engineering

Market Closed - Nyse 04:00:01 2024-04-26 pm EDT 5-day change 1st Jan Change
89.04 USD +3.32% Intraday chart for MasTec, Inc. +5.47% +17.59%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,824 4,918 6,685 6,566 5,868 6,944 - -
Enterprise Value (EV) 1 6,185 6,076 8,339 9,420 5,868 9,266 8,970 8,551
P/E ratio 12.4 x 15.6 x 20.7 x 203 x -118 x 82.4 x 33.6 x 23.8 x
Yield - - - - - - - -
Capitalization / Revenue 0.67 x 0.78 x 0.84 x 0.67 x 0.49 x 0.55 x 0.51 x 0.49 x
EV / Revenue 0.86 x 0.96 x 1.05 x 0.96 x 0.49 x 0.74 x 0.66 x 0.6 x
EV / EBITDA 7.34 x 7.5 x 8.95 x 12.1 x 6.82 x 9.71 x 8.03 x 7.04 x
EV / FCF 14.6 x 8.4 x 13.4 x 106 x - 22.7 x 19.6 x -
FCF Yield 6.85% 11.9% 7.47% 0.94% - 4.4% 5.1% -
Price to Book 2.7 x 2.48 x 2.78 x 2.45 x - 2.67 x 2.6 x 2.73 x
Nbr of stocks (in thousands) 75,186 72,134 72,445 76,949 77,494 77,984 - -
Reference price 2 64.16 68.18 92.28 85.33 75.72 89.04 89.04 89.04
Announcement Date 2/27/20 2/25/21 2/24/22 2/23/23 2/29/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 7,183 6,321 7,952 9,778 11,996 12,537 13,550 14,248
EBITDA 1 843.2 810 931.3 780.6 860.3 954.5 1,117 1,215
EBIT 1 574.6 427.6 449.7 125.1 80.11 317.6 470.8 662
Operating Margin 8% 6.76% 5.65% 1.28% 0.67% 2.53% 3.47% 4.65%
Earnings before Tax (EBT) 1 510.9 425.2 430.1 43.06 -82.7 134.7 302.7 412.9
Net income 1 392.3 322.8 328.8 33.35 -49.95 85.28 210.6 294.5
Net margin 5.46% 5.11% 4.14% 0.34% -0.42% 0.68% 1.55% 2.07%
EPS 2 5.170 4.380 4.450 0.4200 -0.6400 1.080 2.653 3.735
Free Cash Flow 1 423.8 723.5 623 88.94 - 407.7 457.5 -
FCF margin 5.9% 11.45% 7.83% 0.91% - 3.25% 3.38% -
FCF Conversion (EBITDA) 50.26% 89.32% 66.9% 11.39% - 42.72% 40.95% -
FCF Conversion (Net income) 108.02% 224.1% 189.46% 266.67% - 478.12% 217.26% -
Dividend per Share 2 - - - - - - - -
Announcement Date 2/27/20 2/25/21 2/24/22 2/23/23 2/29/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 2,404 1,809 1,954 2,302 2,513 3,008 2,585 2,874 3,257 3,280 2,622 3,160 3,422 3,327 2,838
EBITDA 1 277.9 219.3 98.7 178.5 245.6 257.9 102.5 255.4 271.1 231.4 129.4 259.7 295.6 267.6 171.9
EBIT 1 136.6 95.57 -35.09 25.22 81.31 53.68 -87.94 68.1 62.02 37.93 -31.66 95.75 133.7 109 7.007
Operating Margin 5.68% 5.28% -1.8% 1.1% 3.23% 1.78% -3.4% 2.37% 1.9% 1.16% -1.21% 3.03% 3.91% 3.28% 0.25%
Earnings before Tax (EBT) 1 140 91.78 -48.11 18.25 60.31 12.61 -125.3 19.69 22.87 0.015 -84.12 48.6 88.76 76.93 -20.39
Net income 1 111.1 76.64 -34.98 16.21 48.9 3.224 -80.54 15.54 14.3 0.753 -68.89 33.24 62.07 52.32 -28.3
Net margin 4.62% 4.24% -1.79% 0.7% 1.95% 0.11% -3.12% 0.54% 0.44% 0.02% -2.63% 1.05% 1.81% 1.57% -1%
EPS 2 1.500 1.040 -0.4700 0.2000 0.6500 0.0400 -1.050 0.2000 0.1800 0.0100 -0.8800 0.4200 0.7860 0.6600 -0.3600
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 11/4/21 2/24/22 5/5/22 8/4/22 11/3/22 2/23/23 5/4/23 8/3/23 10/31/23 2/29/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,361 1,158 1,653 2,854 - 2,322 2,026 1,608
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.614 x 1.429 x 1.775 x 3.656 x - 2.433 x 1.814 x 1.323 x
Free Cash Flow 1 424 724 623 88.9 - 408 457 -
ROE (net income / shareholders' equity) 25% 17% 18.2% 8.89% - 5.61% 9.88% 13.1%
ROA (Net income/ Total Assets) 8.42% - - - - 1.3% 2.7% 3.5%
Assets 1 4,661 - - - - 6,560 7,799 8,414
Book Value Per Share 2 23.80 27.50 33.20 34.80 - 33.30 34.20 32.70
Cash Flow per Share 7.320 12.70 10.70 4.620 - - - -
Capex 1 126 214 170 263 - 160 207 262
Capex / Sales 1.76% 3.38% 2.14% 2.69% - 1.27% 1.52% 1.84%
Announcement Date 2/27/20 2/25/21 2/24/22 2/23/23 2/29/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
13
Last Close Price
89.04 USD
Average target price
98.15 USD
Spread / Average Target
+10.24%
Consensus
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