ROADConstruction Partners, Inc.
Is it safe?
Solid, nothing alarming: a safe balance sheet, but big price swings.
Financially healthy, low distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Mixed fundamental signals Piotroski F-score, nine pass/fail tests of year-over-year financial health across profitability, balance sheet and efficiency. 7 to 9 is strong, 0 to 3 weak.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -55% · now 38% below its 52-week high.
Unless marked, from SEC EDGAR, as of Sep 30, 2025.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can ROAD take a bad year?
Construction Partners, Inc. carries $1.69B of net debt at 3.63× EBITDA: a load its earnings can carry.
Net debt · as at Q3 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.63×
Net debt / EBITDA · 4.59× a year ago · the load is coming down
- Altman Z-score
- 3.24
Altman Z-score · safe zone, above 3
- Interest cover
- 2.74×
Interest cover · operating profit covers the interest bill, with room to spare
Details›
- Total debtQ3 2026
- $1.79B
- Cash and short-term investments
- $95M
- Net debt
- $1.69B
- EBITDA, trailing twelve months
- $466M
- Operating profit, trailing twelve months
- $298M
- Debt / equity
- 1.72×
- Total debt / EBITDA
- 3.83×
- Annualised volatilitytwo years of daily moves
- 53%
- Worst drawdown on file
- −55%
- Below its 52-week high
- 38%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Engineering & Construction
Ranks #17 of 25 by RyuScore