Overview Dividends

(ORN) Orion Holdings - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US68628V3087

Marine Construction, Marine Repair, Pipeline Installation, Concrete Pouring

ORN EPS (Earnings per Share)

EPS Growth (3Y CAGR): 17.72%
EPS Trend (3Y Correlation): 59.3%

ORN Revenue

Revenue Growth (3Y CAGR): 4.35%
Revenue Trend (3Y Correlation): 49.3%

Description: ORN Orion Holdings October 26, 2025

Orion Group Holdings, Inc. (NYSE: ORN) is a specialty construction firm focused on marine and concrete work across the United States, Alaska, Hawaii, Canada, and the Caribbean Basin. The business is split into a Marine segment-delivering dredging, port-facility build-outs, underwater pipeline installation, bridge and causeway construction, and related inspection, repair, and salvage services-and a Concrete segment that provides elevated concrete pours for structural elements and light-commercial concrete work such as slabs and sidewalks.

According to the company’s FY 2023 filing, Orion generated roughly **$1.2 billion of revenue** with an operating margin near **6-7 %**, and it reported a **backlog of about $1.5 billion**, indicating a pipeline of projects extending roughly 12-18 months. Two macro-drivers are particularly material: (1) the U.S. Infrastructure Investment and Jobs Act, which earmarks **over $1 trillion** for ports, waterways, and related infrastructure, and (2) a **steady rise in global shipping volumes** (≈ 3 % YoY) that fuels demand for port expansions and dredging. Both factors suggest a favorable secular tailwind for Orion’s marine construction franchise, though the company remains exposed to cyclical funding delays and commodity price volatility that could compress margins.

If you want a data-rich, independent view of Orion’s valuation and risk profile, a quick look at ValueRay’s analyst toolkit can help you surface the most relevant metrics and scenario analyses. 

ORN Stock Overview

Market Cap in USD	342m
Sub-Industry	Construction & Engineering
IPO / Inception	2007-12-20

ORN Stock Ratings

Growth Rating	68.0%
Fundamental	72.6%
Dividend Rating	-
Return 12m vs S&P 500	41.1%
Analyst Rating	5.0 of 5

ORN Dividends

Currently no dividends paid

ORN Growth Ratios

Growth Correlation 3m	90.8%
Growth Correlation 12m	25%
Growth Correlation 5y	53.1%
CAGR 5y	68.35%
CAGR/Max DD 3y (Calmar Ratio)	1.19
CAGR/Mean DD 3y (Pain Ratio)	3.18
Sharpe Ratio 12m	-0.06
Alpha	80.31
Beta	1.161
Volatility	75.01%
Current Volume	742.9k
Average Volume 20d	286.6k
Stop Loss	10.2 (-5.3%)
Signal	-0.52

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income (10.4m TTM) > 0 and > 6% of Revenue (6% = 50.2m TTM)

FCFTA 0.04 (>2.0%) and ΔFCFTA 9.03pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 9.18% (prev 8.88%; Δ 0.30pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.10 (>3.0%) and CFO 41.8m > Net Income 10.4m (YES >=105%, WARN >=100%)

Net Debt (44.7m) to EBITDA (49.5m) ratio: 0.90 <= 3.0 (WARN <= 3.5)

Current Ratio 1.38 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (39.4m) change vs 12m ago 19.03% (target <= -2.0% for YES)

Gross Margin 12.68% (prev 10.49%; Δ 2.19pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 197.8% (prev 174.6%; Δ 23.21pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 1.88 (EBITDA TTM 49.5m / Interest Expense TTM 11.9m) >= 6 (WARN >= 3)

Altman Z'' 0.80

(A) 0.18 = (Total Current Assets 280.0m - Total Current Liabilities 203.1m) / Total Assets 432.7m

(B) -0.15 = Retained Earnings (Balance) -64.3m / Total Assets 432.7m

(D) -0.23 = Book Value of Equity -63.9m / Total Liabilities 279.5m

Total Rating: 0.80 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 72.60

1. Piotroski 4.50pt = -0.50

2. FCF Yield 4.67% = 2.34

3. FCF Margin 2.16% = 0.54

4. Debt/Equity 0.30 = 2.45

5. Debt/Ebitda 0.90 = 1.90

6. ROIC - WACC (= 6.90)% = 8.63

7. RoE 7.00% = 0.58

8. Rev. Trend 49.30% = 3.70

9. EPS Trend 59.29% = 2.96

What is the price of ORN shares?

As of November 03, 2025, the stock is trading at USD 10.77 with a total of 742,900 shares traded.
Over the past week, the price has changed by +23.65%, over one month by +28.98%, over three months by +50.00% and over the past year by +70.95%.

Is Orion Holdings a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Orion Holdings (NYSE:ORN) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 72.60 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of ORN is around 12.62 USD . This means that ORN is currently undervalued and has a potential upside of +17.18% (Margin of Safety).

Is ORN a buy, sell or hold?

Orion Holdings has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy ORN.

Strong Buy: 3
Buy: 0
Hold: 0
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the ORN price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	11.5	6.8%
Analysts Target Price	11.5	6.8%
ValueRay Target Price	14.3	32.5%

ORN Fundamental Data Overview October 25, 2025

Market Cap USD = 341.7m (341.7m USD * 1.0 USD.USD)
P/E Trailing = 26.0606
P/E Forward = 15.456
P/S = 0.408
P/B = 2.1658
P/EG = 0.6186
Beta = 1.161
Revenue TTM = 837.5m USD
EBIT TTM = 22.4m USD
EBITDA TTM = 49.5m USD
Long Term Debt = 32.3m USD (from longTermDebt, last quarter)
Short Term Debt = 17.7m USD (from shortTermDebt, last quarter)
Debt = 46.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 44.7m USD (from netDebt column, last quarter)
Enterprise Value = 386.4m USD (341.7m + Debt 46.4m - CCE 1.73m)
Interest Coverage Ratio = 1.88 (Ebit TTM 22.4m / Interest Expense TTM 11.9m)
FCF Yield = 4.67% (FCF TTM 18.1m / Enterprise Value 386.4m)
FCF Margin = 2.16% (FCF TTM 18.1m / Revenue TTM 837.5m)
Net Margin = 1.25% (Net Income TTM 10.4m / Revenue TTM 837.5m)
Gross Margin = 12.68% ((Revenue TTM 837.5m - Cost of Revenue TTM 731.3m) / Revenue TTM)
Gross Margin QoQ = 12.57% (prev 12.20%)
Tobins Q-Ratio = 0.89 (Enterprise Value 386.4m / Total Assets 432.7m)
Interest Expense / Debt = 6.29% (Interest Expense 2.92m / Debt 46.4m)
Taxrate = -33.70% (negative due to tax credits) (-212.0k / 629.0k)
NOPAT = 29.9m (EBIT 22.4m * (1 - -33.70%)) [negative tax rate / tax credits]
Current Ratio = 1.38 (Total Current Assets 280.0m / Total Current Liabilities 203.1m)
Debt / Equity = 0.30 (Debt 46.4m / totalStockholderEquity, last quarter 153.2m)
Debt / EBITDA = 0.90 (Net Debt 44.7m / EBITDA 49.5m)
Debt / FCF = 2.47 (Net Debt 44.7m / FCF TTM 18.1m)
Total Stockholder Equity = 149.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.41% (Net Income 10.4m / Total Assets 432.7m)
RoE = 7.00% (Net Income TTM 10.4m / Total Stockholder Equity 149.3m)
RoCE = 12.32% (EBIT 22.4m / Capital Employed (Equity 149.3m + L.T.Debt 32.3m))
RoIC = 16.97% (NOPAT 29.9m / Invested Capital 176.3m)
WACC = 10.07% (E(341.7m)/V(388.1m) * Re(10.29%) + D(46.4m)/V(388.1m) * Rd(6.29%) * (1-Tc(-0.34)))
Discount Rate = 10.29% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 10.07%
[DCF Debug] Terminal Value 61.04% ; FCFE base≈18.1m ; Y1≈11.9m ; Y5≈5.42m
Fair Price DCF = 1.94 (DCF Value 76.9m / Shares Outstanding 39.7m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 59.29 | EPS CAGR: 17.72% | SUE: -0.72 | # QB: 0
Revenue Correlation: 49.30 | Revenue CAGR: 4.35% | SUE: 0.31 | # QB: 0

Additional Sources for ORN Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle