Market Cap : 7.57 B | Enterprise Value : 9.96 B | PE Ratio : 67.82 | PB Ratio : 2.86 |
---|
MTZ has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
MTZ has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Warning Sign:
Altman Z-score of 2.75 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
MasTec has a Altman Z-Score of 2.75, indicating it is in Grey Zones. This implies that MasTec is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for MasTec's Altman Z-Score or its related term are showing as below:
During the past 13 years, MasTec's highest Altman Z-Score was 13.07. The lowest was 0.65. And the median was 2.62.
The historical data trend for MasTec's Altman Z-Score can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Engineering & Construction subindustry, MasTec's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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.
For the Construction industry and Industrials sector, MasTec's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where MasTec's Altman Z-Score falls in comparison to its industry or sector. The grey bar indicates the Altman Z-Score's extreme value range as defined by GuruFocus.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
MasTec's Altman Z-Score for today is calculated with this formula:
Z | = | 1.2 | * | X1 | + | 1.4 | * | X2 | + | 3.3 | * | X3 | + | 0.6 | * | X4 | + | 1.0 | * | X5 |
= | 1.2 | * | 0.1509 | + | 1.4 | * | 0.2933 | + | 3.3 | * | 0.0266 | + | 0.6 | * | 1.5359 | + | 1.0 | * | 1.1476 | |
= | 2.75 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.
Trailing Twelve Months (TTM) ended in Sep. 2022:
Total Assets was $7,476 Mil.
Total Current Assets was $3,114 Mil.
Total Current Liabilities was $1,986 Mil.
Retained Earnings was $2,193 Mil.
Pre-Tax Income was 60.311 + 18.247 + -48.107 + 91.785 = $122 Mil.
Interest Expense was -26.885 + -19.387 + -16.041 + -14.034 = $-76 Mil.
Revenue was 2513.484 + 2301.792 + 1954.4 + 1809.367 = $8,579 Mil.
Market Cap (Today) was $7,570 Mil.
Total Liabilities was $4,929 Mil.
* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.
X1 | = | Working Capital | / | Total Assets |
= | (Total Current Assets - Total Current Liabilities) | / | Total Assets | |
= | (3114.275 - 1986.483) | / | 7475.663 | |
= | 0.1509 |
X2 | = | Retained Earnings | / | Total Assets |
= | 2192.518 | / | 7475.663 | |
= | 0.2933 |
X3 | = | Earnings Before Interest and Taxes | / | Total Assets |
= | (Pre-Tax Income - Interest Expense) | / | Total Assets | |
= | (122.236 - -76.347) | / | 7475.663 | |
= | 0.0266 |
X4 | = | Market Value Equity | / | Book Value of Total Liabilities |
= | Market Cap | / | Total Liabilities | |
= | 7570.491 | / | 4929.15 | |
= | 1.5359 |
X5 | = | Revenue | / | Total Assets |
= | 8579.043 | / | 7475.663 | |
= | 1.1476 |
The zones of discrimination were as such:
Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones
MasTec has a Altman Z-Score of 2.75 indicating it is in Grey Zones.
Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
Read more about Altman Z-Score and the original research.
Altman Z-Score does not apply to financial companies.
Thank you for viewing the detailed overview of MasTec's Altman Z-Score provided by GuruFocus.com. Please click on the following links to see related term pages.
Parker Ava L | director | 1469 HARRINGTON PARK DRIVE JACKSONVILLE FL 32225 |
Palomarez Javier Alberto | director | 3405 PINNEY POINT DRIVE FLOWER MOUND TX 75022 |
Pita George | officer: CFO | 3000 NW 107TH AVENUE MIAMI FL 33172 |
Restrepo Daniel A | director | C/O MASTEC, INC. 800 S. DOUGLAS RD., 12TH FLOOR CORAL GABLES FL 33134 |
Harris Ray | officer: President | 800 DOUGLAS ROAD 12TH FLOOR - MASTEC CORAL GABLES FL 33134 |
Apple Robert E | officer: Chief Operations Officer | 800 S DOUGLAS ROAD 12TH FLOOR CORAL GABLES FL 33134 |
De Cardenas Alberto I | officer: Executive Vice President | 800 S DOUGLAS ROAD 12TH FLOOR CORAL GABLES X1 33134 |
Csiszar Ernst N | director | 2600 S RIVER ROAD DES PLAINES IL 60018 |
Floerke Gregory Scott | officer: Chief Operations Officer | C/O MARKWEST ENERGY PARTNERS, L.P. 1515 ARAPAHOE STREET, TOWER 1, SUITE 160 DENVER CO 80202 |
Dwyer Robert J | director | 880 SOUTH OCEAN BOULEVARD PALM BEACH FL 33480 |
Campbell C Robert | officer: EVP & CFO | 800 DOUGLAS ROAD 12TH FLOOR CORAL GABLES FL 33134 |
De Cespedes Carlos M | director | 3075 NW 107TH AVE MIAMI FL 33172 |
Jaumot Frank E | director | 190 SE 19TH AVENUE POMPANO BEACH FL 33060 |
Nearing Michael | officer: General Counsel and EVP | 800 DOUGLAS ROAD 12TH FL CORAL GABLES FL 33134 |
Hudson Sherrill W | director | 201 SOUTH BISCAYNE BOULEVARD 34TH FLOOR, MIAMI CENTER MIAMI FL 33131 |
From GuruFocus
By PRNewswire 12-30-2021
By PRNewswire 05-11-2021
By insider 08-17-2021
By PRNewswire 11-08-2021
By insider 11-17-2021
By insider 02-17-2022
Other Sources
By Zacks 2021-10-28
By Zacks 2021-12-21
By Seekingalpha 2022-03-09
By Zacks 2021-09-30
By Zacks 2021-11-24
By Seekingalpha 2021-12-24
By Zacks 2022-03-03
By Zacks 2021-10-19
By Fool 2022-02-25
By Fool 2022-02-25
By Zacks 2022-02-24
By Zacks 2021-09-02
By Zacks 2021-11-11
By tipranks.com 2022-02-26
By Zacks 2021-09-02