IESC

IES Holdings, Inc.

Fundamental data last updated:October 31, 2026

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company profile

SECTOR

Industrials

industry

Engineering & Construction

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

IES Holdings, Inc. designs and installs integrated electrical and technology systems, and provides infrastructure products and services in the United States. Its Commercial & Industrial segment offers electrical and mechanical design, construction, and maintenance services for office buildings, manufacturing facilities, data centers, chemical plants, refineries, wind farms, solar facilities, municipal infrastructures, and health care facilities. Its Communications segment designs, installs, and maintains network infrastructure within data centers for co-location and managed hosting customers; corporate, educational, financial, hospitality, and healthcare buildings; e-commerce distribution centers; and high-tech manufacturing facilities. This segment also provides design and installation services for audio/visual, telephone, fire, and wireless access and intrusion alarm systems; and engages in designing/building, servicing, and maintaining data network systems. Its Infrastructure Solutions segment maintains and repairs alternating and direct current electric motors and generators, and power generating and distribution equipment; manufactures custom-engineered metal enclosed bus duct solutions used in power distribution; manufactures custom commercial and industrial generator enclosures; manufactures, re-manufactures, and repairs industrial lifting magnets; and maintains and repairs railroad main and auxiliary generators, main alternators, and traction motors. Its Residential segment offers electrical installations to single-family housing and multi-family apartments; and cable television installations to residential and light commercial applications, as well as installs residential solar power for new construction and existing residences. The company was formerly known as Integrated Electrical Services, Inc. and changed its name to IES Holdings, Inc. in May 2016. The company was incorporated in 1997 and is headquartered in Houston, Texas.

 


VALUATION

P/E

35.43

Market Cap ($M USD)

$13.48B

Forward P/E

22.74

PEG

0.41

PRICE TO SALES

3.71

PRICE TO BOOK

12.57

EV / EBITDA

27.79

5-Year Average P/E

Free Cash Flow Yield

2.37%

DCF Value

$285.28

Graham Number

$152.08

Price to FCF

42.34

EV to FCF

42.40

Earnings Yield

2.83%

FCF Yield

2.37%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

0.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$19.09

Next Year EPS Growth Estimate

$29.75

Next Year Revenue Growth Estimate

$5.36B

Return on Equity (ROE)

41.14%

FREE CASH FLOW

Operating Margin

11.74%

Debt-to-Equity

0.18

Piotroski F-Score

5

Altman Z-Score

12.65

Return on Invested Capital (ROIC)

36.73%

Current Ratio

1.55

Quick Ratio

1.40

Net Debt to EBITDA

0.12

Interest Coverage

149.97

Gross Profit margin

25.63%

FCF PER SHARE

$15.98

REVENUE PER SHARE

$182.33

Gainseekers Quantitative Analysis

Summary

IES Holdings, Inc. presents a perplexing valuation scenario. Despite a DCF value significantly lower than its snapshot price, the market seems to be pricing in aggressive growth expectations, as evidenced by a Forward P/E of 22.41 and an Earnings Yield of just 2.86%. The Altman Z-score of 12.24 suggests robust financial health, indicating low bankruptcy risk. However, the stock’s current valuation appears stretched, trading well above its Graham Number. This divergence raises questions about whether the market’s optimism is justified by future earnings potential.

AI Exposure / Tech Reliance

In the engineering and construction sector, IES Holdings is strategically positioned to leverage AI and modern technology. As industries increasingly adopt automation and smart systems, IES can capitalize on these trends to enhance operational efficiency. Their ability to integrate cutting-edge tech solutions could provide a competitive edge in project execution and client satisfaction.

The Bull Case

For the discerning GARP investor, IES Holdings offers compelling reasons to consider an investment. With a stellar ROIC of 36.73%, the company demonstrates exceptional capital efficiency, translating into strong shareholder returns. The FCF Yield, though modest, indicates positive cash flow generation, while an Operating Margin of 11.74% underscores effective cost management. These metrics suggest a company with significant pricing power and the ability to reinvest in growth opportunities.

The Bear Case

Despite its strengths, IES Holdings is not without risks. The stock's Price/Book ratio of 12.38 and Price/Sales ratio of 3.66 signal a potentially overvalued position, especially when trading near its 52-week high. The EV to EBITDA multiple of 27.39 further highlights the premium investors are paying, which could be unsustainable if growth expectations falter. Additionally, the lack of dividend yield may deter income-focused investors seeking immediate returns.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Hold

Average Analyst Price Target

$458.00

Institutional Ownership %

1-Year Beta

1.81

Insider Buying % (6 Mo)

Distance to 52-Week High

5.52%

Distance to 52-Week Low

62.96%

EARNINGS SURPRISE %

5.32%

50-DAY SMA

$577.20

200-DAY SMA

$452.62

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.