Primoris Services Corporation (PRIM) DCF Valuation
Two independent models estimate Primoris Services Corporation's fair value between $53.35 (conservative case) and $90.67 (analyst consensus).
What would today's price require?
$94.34 is justified only if free cash flow grows about +12.0% a year for the next decade — faster than the company has actually grown.
Current Price
$94.34
Fair-Value Range
$53.35 – $90.67
Market-Implied Growth
+12.0%/yr
vs -8.1% 5Y actual
PRIM DCF Fair Value Calculator
Edit the assumptions to see how they change the estimated fair value. Illustrative model — not investment advice. Defaults to a conservative base case; the analyst (FMP) DCF, where available, is shown as a reference below.
Base inputs: FCF $201.6M · 0.05B shares · net debt $409.6M
Estimated Fair Value
$53.35
-43.4% vs $94.34
Sensitivity — fair value by discount rate × terminal growth
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 5.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $94.34; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 8.0% | $68.13 | $72.01 | $76.60 | $82.10 | $88.83 |
| 9.0% | $57.46 | $60.11 | $63.17 | $66.74 | $70.96 |
| 10.0% | $49.33 | $51.21 | $53.35 | $55.80 | $58.61 |
| 11.0% | $42.93 | $44.32 | $45.86 | $47.60 | $49.57 |
| 12.0% | $37.78 | $38.82 | $39.97 | $41.24 | $42.67 |
About Primoris Services Corporation
Primoris Services Corporation functions as a prominent specialized contracting firm, offering a wide array of services that include construction, fabrication, upkeep, modernization, and advanced engineering expertise throughout the United States and Canada. The company's operations are divided into three primary divisions: Utilities, Energy/Renewables, and Pipeline Services. The Utilities segment focuses on installing and maintaining both new and existing natural gas distribution networks, electrical transmission and distribution systems, and communications infrastructure. Within the Energy/Renewables segment, Primoris delivers comprehensive services such as engineering, procurement, and construction (EPC), alongside major civil projects like highway and bridge construction, demolition, site preparation, mass excavation, and flood control. This segment also provides retrofits, upgrades, repairs, and routine maintenance for industries ranging from renewable energy and energy storage to renewable fuels, petroleum refining, petrochemicals, and state departments of transportation. Finally, the Pipeline Services segment concentrates on the construction, maintenance, and integrity management of pipelines, in addition to installing compressor and pump stations and metering facilities for clients in the petroleum and petrochemical sectors, as well as gas, water, and sewer utility providers. Founded in 1960, Primoris Services Corporation is headquartered in Dallas, Texas.
- Sector
- Industrials
- Industry
- Engineering & Construction
- CEO
- Koti Vadlamudi