GVAGranite Construction Incorporated

$115.83+7.4% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 34 out of 100, Below average
Today's price. Only valuation depends on it.

Below average. Granite Construction Incorporated scores higher than 28% of the 1,794 companies Ryufin scores.

Carried by return on new capital and earnings quality, held back by valuation and return on capital.

Industrials median 53 · all companies 50

Valuation

26% of the score

7median 13

Granite Construction Incorporated is valued at 23.9x its operating profit, including debt: a rich multiple.

25x
20x
15x
10x
6x
23.9x
Full points at 6x or less, none from 25xfull points

Return on capital

18% of the score

10median 34

Over 7 years the business earned 3.3% a year after tax on the capital it uses.

2%
8%
15%
25%
3.3%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 12%

Return on new capital

16% of the score

100median 49

For every dollar of operating profit earned over 6 years, yearly profit grew by 50 cents. New capital earned 30%, and 166% of profit went back into the business.

-5%
12%
50%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score

30median 64

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countUp 3.1% a year over 5 years: new shares
24
5%
-3%
3.1%
0 pointsfull points
Assets against salesAssets grew 11% a year, sales 4.4%
38
12%
-2%
6.7%
0 pointsfull points

Cycle position

12% of the score

0median 62

Today's operating margin of 6.3% is 2.73x its normal 2.3%: near a peak, where margins tend to fall back. Normal is half the 10 year median, half the last four years, so a margin that has held is not taken for a peak.

2x
1.5x
1x
0.7x
2.7x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
10 years agonow 6.3%

Balance sheet

8% of the score

54median 50

What the debt weighs against the profit that has to carry it.

Net debt to EBITDA1.3x a year of EBITDA
80
4.5x
0.5x
1.3x
0 pointsfull points
Interest coverOperating profit covers interest 5x
29
1.5x
12x
4.5x
0 pointsfull points

Earnings quality

6% of the score

92median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

Cash against profitOperating cash flow was 3.06x profit over 3 years
100
0.7x
1x
1.3x
3.1x
0 pointsfull points
AccrualsCash ran ahead of profit by 7.8% of assets
99
8%
0%
-8%
-7.8%
0 pointsfull points
Beneish M-score-2.57
78
-1.50
-1.78
-2.22
-3.00
-2.57
0 pointsfull points

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. Where a criterion cannot be measured from the filings it is taken out and the remaining weights scale up; a company needs 60% of the weight covered, and always a price, to get a score.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-06-30, latest annual report FY2025.