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Great Lakes Dredge & Dock (Great Lakes Dredge & Dock) GF Value Rank : 9 (As of Apr. 27, 2024)


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What is Great Lakes Dredge & Dock GF Value Rank?

Great Lakes Dredge & Dock has the GF Value Rank of 9.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Great Lakes Dredge & Dock's GF Value Rank

For the Engineering & Construction subindustry, Great Lakes Dredge & Dock's GF Value Rank, along with its competitors' market caps and GF Value Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Great Lakes Dredge & Dock's GF Value Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Great Lakes Dredge & Dock's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Great Lakes Dredge & Dock's GF Value Rank falls into.



Great Lakes Dredge & Dock GF Value Rank Related Terms

Thank you for viewing the detailed overview of Great Lakes Dredge & Dock's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Great Lakes Dredge & Dock (Great Lakes Dredge & Dock) Business Description

Traded in Other Exchanges
Address
9811 Katy Freeway, Suite 1200, Houston, TX, USA, 77024
Great Lakes Dredge & Dock Corp is a provider of dredging services in the United States. Dredging involves the enhancement or preservation of navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand or rock. Its projects portfolio includes Coastal Restoration, Coastal Protection, Ports and Harbors, International, and Inland Dredging.
Executives
Ryan Levenson director 2396 DELLWOOD DRIVE, ATLANTA GA 30305
Lasse Petterson director, officer: CEO & President 2103 RESEARCH FOREST DRIVE THE WOODLANDS TX 77380
David E Simonelli officer: Chief Operating Officer C/O GREAT LAKES DREDGE & DOCK CORPORATIO 2122 YORK ROAD OAK BROOK IL 60523
Lawrence R Dickerson director 15415 KATY FREEWAY STE 100, HOUSTON TX 77094
Kathleen Mackie Lavoy officer: SVP & Chief Legal Officer C/O GREAT LAKES DREDGE & DOCK CORP. 2122 YORK ROAD OAK BROOK IL 60523
D Michael Steuert director C/O FLUOR CORP, ONE ENTERPRISE DR, ALISO VIEJO CA 92656
Ronald Steger director 13710 OASIS TERRACE, LAKEWOOD RANCH FL 34202
Kathleen M Shanahan director 24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134
Michael Joseph Walsh director C/O GREAT LAKES DREDGE & DOCK CORP 2122 YORK ROAD OAK BROOK IL 60523
Mark W. Marinko officer: Chief Financial Officer C/O GREAT LAKES DREDGE & DOCK CORP., 2122 YORK ROAD, SUITE 200, OAK BROOK IL 60523
Annette W Cyr officer: Chief HR & Admin Officer C/O BRIGHTPOINT., INC. 7635 INTERACTIVE WAY, SUITE 200 INDIANAPOLIS IN 46278
Carl A Albert director C/O BOISE INC., 1111 WEST JEFFERSON STREET, SUITE 200, BOISE ID 83702-5388
Robert B Uhler director C/O GREAT LAKES DREDGE & DOCK CORP. 2122 YORK ROAD, SUITE 200 OAK BROOK IL 60523
Jason Weiss director C/O BOISE INC. 1111 WEST JEFFERSON STREET, SUITE 200 BOISE ID 83702-5388
Christopher P Shea officer: President - E&I Division C/O GREAT LAKES DREDGE & DOCK CORP. 2122 YORK ROAD OAK BROOK IL 60523