# Limbach Holdings Inc. (LMB) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Industrials / Construction & Engineering. Price $49.86, market value $595 million.

## Valuation
- **P/E (trailing): 19.9×** (5-yr avg 22.6×, 3-yr avg 27.7×). Limbach Holdings Inc. trades at 19.9× trailing earnings, close to its own five-year average of 22.6×. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 10.6×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.41**. A PEG of 0.41 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 0.9×**. Each dollar of revenue is priced at 0.9×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 2.9×**. The shares trade at 2.9× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 10.1×**. Enterprise value is 10.1× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 8.5%** (5-yr avg 4.3%). Free cash flow equals 8.5% of the market value, above its five-year average of 4.3%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 5.0%**. The inverse of the P/E: 5.0% of the price is earned each year.

## Profitability
- **Gross margin: 23.6%**. Limbach Holdings Inc. keeps 23.6% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 5.7%**. 5.7% of revenue is left after running the business.
- **Net margin: 6.0%**. 6.0% of each dollar of sales reaches the bottom line.
- **Return on equity: 20.0%**. 20.0% on shareholders' equity is solid.
- **Return on invested capital: 16.4%**. Return on all capital, debt included, is 16.4%: comfortably above what that capital costs.
- **Return on assets: 7.9%**. Each dollar of assets produces 7.9% of profit.

## Growth
- **Revenue growth (1 yr): 24.7%** (3-yr 9.2%/yr, 5-yr 2.6%/yr). Revenue grew 24.7% over the last year, against 2.6% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 25.7%** (3-yr 71.5%/yr, 5-yr 35.0%/yr). Earnings per share rose 25.7%, roughly in step with revenue.
- **Free-cash-flow growth (3 yr): 6.8%/yr**. Free cash flow has compounded at 6.8% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.03**. Debt is 0.03 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Limbach Holdings Inc. holds more cash than debt.
- **Altman Z-score: 4.77**. A Z-score of 4.77 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Limbach Holdings Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (5 analysts). 5 analysts cover Limbach Holdings Inc.; the consensus is buy, with an average price target of $77.20 (+55% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -55.6%** (YTD -36.0%, 3-mo -37.9%). The shares are down 55.6% over twelve months including dividends.
- **From 52-week high: -56.6%** (22.4% above the low). Trading 57% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 49**. An RSI of 49 is neutral.
- **Beta (1 yr): 1.39** (volatility 73%). Beta of 1.39 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=LMB · Page: https://foliofundamentals.com/stocks/lmb

Not investment advice.