Willdan Group, Inc.

Consumer Discretionary
Military/Government/Technical
www.willdan.com

Earnings Score
Moat Score
Safety Score

Market Cap $761.69M
PE 31
Debt $90.00M
Cash $38.36M
EV $813.32M
FCF $39.68M

Earnings

loading chart...

Sales & Net Margins

loading chart...

Earnings	$24.32M
EBIT	$33.03M
ROE	10%
ROA	7%
FCF	$39.68M
Equity	$245.52M
Growth Stability	-7K%
PE	31.33
PEG	1.7
PB	3.1
P/FCF	19.19
P/S	1.28
Price/Cash	0.05
Debt/Equity	0.37
Debt/FCF	2.27
Net Margins	3%
Gross Margins	36%
Op. Margins	6%
Earnings CAGR	1%
Sales Growth YoY	24%
Sales Growth QoQ	6%
Sales CAGR	12%
FCF CAGR	10%
Equity CAGR	22%
Earnings Stability	0.01
Earnings Growth YoY	59%
Earnings Growth QoQ	-39%

Earnings CAGR 5Y	18%
Sales CAGR 5Y	10%
FCF CAGR 5Y	21%
Equity CAGR 5Y	8%
Earnings CAGR 3Y	17%
Sales CAGR 3Y	17%
FCF CAGR 3Y	111%
Equity CAGR 3Y	13%
Market Cap	$761.69M
Revenue	$595.70M
Assets	$471.16M
Total Debt	$90.00M
Cash	$38.36M
Shares Outstanding	14.16M
EV	813.32M
Earnings Score	6%
Moat Score	80%
Safety Score	62%
Final Score	49%
Working Capital	74.8M
Current Ratio	1.61
Gross Profit	$213.03M
Shares Growth 3y	3%
Equity Growth QoQ	5%
Equity Growth YoY	19%

Assets & ROA

loading chart...

Stockholders Equity & ROE

loading chart...

Willdan Group Inc is a provider of professional technical and consulting services to utilities, private industry, and public agencies at all levels of government. It operates in the business segments of Energy and Engineering and Consulting. It generates the majority of its revenue from the Energy segment, which includes services such as audit and surveys, program design, master planning, benchmarking analyses, design engineering, construction management, performance contracting, installation, advances in software and data analytics, and other services. All of its revenue is derived from the domestic market.

SEC Filings

Direct access to Willdan Group, Inc. (WLDN) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2025
- 10-Q Apr 04
2024
- 10-K Dec 27
- 10-Q Sep 27
- 10-Q Jun 28
- 10-Q Mar 29
2023
- 10-K Dec 29
- 10-Q Sep 29
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does Willdan Group, Inc. compare to its competitors?

Loading chart...

Peter Lynch's Chart

This chart shows the current pricing of Willdan Group, Inc. compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 1%

Stability 1%

loading chart...

Willdan Group, Inc. Discounted Cash Flow

Fully customizable DCF calculator online for Willdan Group, Inc..

Years

Calculation mode

= $782M

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$40M	$44M	$48M	$53M	$58M	$63M	$70M	$76M	$84M	$92M	$101M	$1B
DCF		$40M	$40M	$39M	$39M	$39M	$39M	$39M	$39M	$39M	$39M	$389M
Value	$782M

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	12/2024	TTM
Net Margins	3%	4%	4%	4%	1%	-4%	-2%	-2%	2%	4%	3%
ROA	-	11%	10%	4%	2%	-4%	-2%	-2%	5%	7%	7%
ROE	-	17%	17%	7%	3%	-9%	-5%	-5%	5%	10%	10%

Bad Net Margins (3.08%)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	12/2024	TTM
Debt over FCF	-	0.3	0.32	14.53	28.91	3.06	89.11	-738.82	3.65	1.58	2.27
Debt over Equity	0.14	0.12	0.04	0.55	0.86	0.76	0.65	0.69	0.53	0.43	0.37
Growth Stability	-	-	-	100%	48%	-161%	-7K%	-	-	-	-7K%

Neutral Debt/FCF ratio (2.27)

Net Margins are at a level that is not too high nor too low. They are not a competitive advantage but they are not a competitive disadvantage either.

Good Debt/Equity ratio (0.37)

The company is not overleveraged and has a good balance between equity and debt.

Bad Graham’s Stability (-7K%)

The company has a bad stability in its earnings, which is a sign of a bad competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	12/2024	CAGR 5Y
Revenue YoY growth	-	55%	31%	-0%	63%	-12%	-10%	21%	19%	11%	10%
Earnings YoY growth	-	95%	46%	-17%	-52%	-399%	-42%	0%	-229%	107%	18%
Equity YoY growth	-	33%	42%	104%	16%	1%	6%	1%	10%	17%	8%
FCF YoY growth	-	254%	-55%	-39%	-9%	742%	-97%	-113%	-17K%	117%	21%