$Sterling Infrastructure (STRL.US)$ After the stock price re...

After the stock price reached a high of $33 in 2006, it went into a big V shape. After reaching the second high of $32.14 in 2022, it fell back to the current $23.83; gross margin increased from around 9% to about 13% over the past 5 years; the return on net assets increased from around 9% to about 20%.

Revenue, operating profit, and net profit have continued to grow over the past 5 years. The average growth rate of net profit in the past 4 years was 42%, and the average growth rate of earnings per share was 49%. 2022 Q1 revenue, operating profit, and net profit increased 30%, 25.4%, and 67.3%, respectively.

The income statement is relatively simple. Interest accounts for 17.4% of operating profit, which is not too high.

The balance ratio has basically been around 70% over the past 5 years, and accounts receivable account for 21% of revenue, which is OK; goodwill and other intangible assets are 550 million, accounting for 44% of total assets and 145% of net assets, accounting for a very high proportion.

Cash flow is not good; net investment has been much higher than net operating in the past 5 years.

Currently 11 times the price-earnings ratio and 9.8 times the price-earnings ratio TTM, you can choose carefully (⭐️)