EME · Intrinsic value
Is EMCOR Group, Inc. (EME) overvalued or undervalued?
As of Oct 19, 2026, TickerWorth's valuation lenses put EMCOR Group, Inc. (EME) at $280.80 – $880.94, too broad a range to say where the delayed market price of $721.66 sits in it, so we do not call it over- or undervalued. It is a model estimate, and every input behind it is sourced below.
Model by Miraaj Patel · generated from SEC filings and market data · Updated Oct 19, 2026 · How these pages are made
What is EME worth?
- Fair-value range
- $280.80 – $880.94
- Market price
- $721.66
- Gap to fair value
- —
- Verdict
- Too wide to call
Reverse DCF: Today's price implies revenue growth of 24.7% a year for 5 years; our model assumes 9.6% a year on average over the same horizon.
What is EME's TickerWorth Score?
Middle of the pack — real strengths and real weaknesses
Compared with Industrials companies in US
Its strongest point: strong balance sheet. Its weakest: trades above our estimate of what it's worth.
- Value · 55 of 100
Cheaper than 55% of Industrials companies in US
- Price vs worth · 32 of 100
- Quality · 46 of 100
More profitable than 46% of Industrials companies in US
- Financial health · 77 of 100
Financially stronger than 77% of Industrials companies in US
- Growth · 54 of 100
Growing faster than 54% of Industrials companies in US
- Momentum · 35 of 100
Outperformed 35% of Industrials companies in US over the past year
Confidence: Medium confidence · Scored
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Why EME gets a range, not one number
At a recent price of $721.66, EMCOR Group, Inc. (EME) sits inside a range too wide to call either way: our valuation lenses put the business somewhere between $280.80 and $880.94 per share. They disagree too widely for us to state a single fair value. We publish the range rather than a midpoint because a number that precise would claim more than the methods can support. This is an educational model, not a price target or a recommendation.
Read the full reasoning
The valuation discounts EMCOR Group, Inc.'s projected free cash flows at a weighted-average cost of capital (WACC) of 10.3%, with a long-run terminal growth rate of 2.5%. About 68% of the enterprise value comes from the terminal value — the portion beyond the explicit forecast window — which is typical for a stable, cash-generative business and a reminder that small changes in the discount rate or terminal growth assumption swing the intrinsic value meaningfully.
Running the DCF in reverse — solving for the growth the current price already assumes — the market is implying roughly 24.7% annual revenue growth for EME. Our base case instead compounds to about 9.6% a year over the same forecast, so the market is pricing in materially faster growth than our base case. The reverse-DCF is a quick sanity check: it reframes 'is this stock cheap?' as 'do I believe the growth the price requires?' rather than arguing over a single point estimate of fair value.
Sensitivity matters more than any single number. Across a reasonable band of discount-rate assumptions, EME's modeled DCF value ranges from about $350.25 to $612.26 per share. If that range still sits below today's price, the market is optimistic relative to the model across the whole band; if it brackets the price, the stock is roughly fairly valued on our assumptions. Use the interactive slider to see exactly where your own cost-of-capital view lands.
How to read this page: the DCF fair value is what EMCOR Group, Inc. would be worth if its cash flows grow as modeled and are discounted at the stated WACC. The assumptions table shows every input and its source; the reverse-DCF shows what the market believes; the sensitivity band shows how fragile the answer is. None of this is investment advice — it is a transparent, auditable framework for forming your own view of EME's intrinsic value. Figures update as new filings and prices come in.
Every input behind EME's DCF
| Input | Value |
|---|---|
| Base-year revenueEMCOR Group, Inc. FY2025 10-K (accession 0000105634-26-000025): us-gaap:Revenues, FY2025 full year. | $16,986,420,000 |
| Base EBIT marginEMCOR Group, Inc. FY2025 10-K (accession 0000105634-26-000025): us-gaap:OperatingIncomeLoss 1,713,418,000 / revenue 16,986,422,000 = 10.09%, FY2025. | 10.1% |
| Forecast revenue growthESTIMATEAssumption — TickerWorth's 5-year explicit forecast | 15% → 13% → 10% → 7% → 4% |
| Risk-free rateLive feed — US 10-year Treasury yield (^TNX) | 5.1% |
| BetaLive feed — yfinance, 5-year monthly beta vs the S&P 500 (clamped to 0.4–2.5) | 1.12 |
| Terminal growthESTIMATEAssumption — TickerWorth house default 2.5%, held below WACC | 2.5% |
| Diluted sharesEMCOR Group, Inc. FY2025 10-K (accession 0000105634-26-000025): WeightedAverageNumberOfDilutedSharesOutstanding = 45,145,767 shares, FY2025. | 45M |
| Market priceBackup price feed · as of 2026-10-19 12:48 UTC | $721.66 |
Change EME's assumptions
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What does EMCOR Group, Inc. do?
What does it do?
EMCOR Group, Inc. provides electrical and mechanical construction and facilities, building, and industrial services in the United States and the United Kingdom. It operates in the Engineering & Construction industry (Industrials sector), headquartered in United States. The company employs roughly 44,000 people.
How does it make money?
The business turns $18.6B in annual revenue into profit. Out of every $100 of sales, about $11 is left as operating profit (operating margin of 10.6%), after a 19% gross margin on the products/services it sells. After all costs, taxes and interest, 7.7% of revenue becomes bottom-line net profit.
Is it financially healthy?
Financially it looks solid: carries modest debt (0.1× equity), can just cover its short-term bills (1.3× current ratio), and is currently profitable.
Who at EME filed insider trades?
| Date | Insider | Relationship | What happened | Value | Filing |
|---|---|---|---|---|---|
| Altmeyer John W | Director | Grant / award | — | Form 4 for Altmeyer John W (opens sec.gov in a new tab) | |
| Nalbandian Jason R | SVP, Chief Acct Officer & CFO | Grant / award | — | Form 4 for Nalbandian Jason R (opens sec.gov in a new tab) | |
| Mauricio Maxine Lum | CAO, EVP & General Counsel | Grant / award | — | Form 4 for Mauricio Maxine Lum (opens sec.gov in a new tab) | |
| Guzzi Anthony | Director, Chairman, President and CEO | Grant / award | — | Form 4 for Guzzi Anthony (opens sec.gov in a new tab) | |
| Lowe Carol P | Director | Open-market sale | $802,275.00 | Form 4 for Lowe Carol P (opens sec.gov in a new tab) | |
| Walker-Lee Robin A | Director | Grant / award | — | Form 4 for Walker-Lee Robin A (opens sec.gov in a new tab) |
A disclosure, not a signal to trade. Source: SEC EDGAR (Form 4). Older filings and the 90-day buying-and-selling read are part of Pro. See plans
Common questions
What is EME's intrinsic value?
TickerWorth's valuation lenses put EMCOR Group, Inc. (EME) between $280.80 and $880.94 per share, versus a market price of $721.66. They disagree too widely for us to state a single fair value, so we publish the range.
Is EME overvalued or undervalued?
At $721.66 the price sits inside a range too wide to call either way. We don't call EME overvalued or undervalued from a range this wide. This is an educational estimate, not advice.
What discount rate is used for EME?
A WACC of 10.3% and a terminal growth rate of 2.5%.
Is EMCOR Group stock undervalued?
TickerWorth's fair-value range for EMCOR Group, Inc. (EME) is $280.80 – $880.94 against a market price of $721.66. Too wide to call. We publish a range here, not one number, so we do not call it over- or undervalued. This is a model estimate, not investment advice.
EMCOR Group (EME) DCF valuation and fair value
Our fair-value range for EMCOR Group, Inc. (EME) is $280.80 – $880.94, built on a 10.3% discount rate (WACC) and 2.5% terminal growth. It blends our discounted-cash-flow model with other valuation lenses. Every assumption is listed on this page with its source.
What growth is priced into EMCOR Group stock?
Today's price implies revenue growth of 24.7% a year for 5 years; our model assumes 9.6% a year on average over the same horizon. This is a reverse DCF: it holds our cash-flow model's other inputs and solves for the revenue growth that makes the model equal today's price of $721.66. A model estimate, not investment advice.
EMCOR Group (EME) insider trading
The most recent insider filing (SEC Form 4) for EMCOR Group, Inc. (EME): Altmeyer John W, Director, grant / award on 2026-07-31. The latest filings are listed on this page. A disclosure, not a signal to trade.
Other ways into the coverage
Not investment advice. TickerWorth Score is a model output.
Educational tool. Every output reflects the assumptions shown — not a prediction and not investment advice. TickerWorth is not a licensed investment adviser, and these figures are estimates from public filings and market data that can be wrong.