(ORN) Orion Holdings - Overview
Stock: Marine Construction, Dredging, Bridge Repairs, Elevated Concrete
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 70.8% |
| Relative Tail Risk | -7.29% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.12 |
| Alpha | 55.37 |
| Character TTM | |
|---|---|
| Beta | 1.223 |
| Beta Downside | 0.801 |
| Drawdowns 3y | |
|---|---|
| Max DD | 57.62% |
| CAGR/Max DD | 1.24 |
Description: ORN Orion Holdings December 29, 2025
Orion Group Holdings, Inc. (NYSE: ORN) is a specialty construction firm focused on marine and concrete projects across the United States, Alaska, Hawaii, Canada, and the Caribbean Basin. It operates through two segments-Marine and Concrete-delivering services such as dredging, marine-facility construction, underwater pipeline installation, bridge and causeway work, and elevated concrete pouring for structural elements.
In FY 2023 the company generated roughly $1.1 billion in revenue, with the Marine segment accounting for about 70 % of total sales and a backlog of $1.5 billion that is roughly 60 % U.S.-based. Key economic drivers include the U.S. federal infrastructure plan (which earmarks billions for port upgrades and coastal resilience) and rising demand for offshore renewable-energy infrastructure, both of which tend to boost marine-construction volumes. The Concrete segment benefits from steady demand for commercial-grade slab and sidewalk work tied to regional building-permits growth, which has been averaging a 3 % YoY increase in the company’s primary markets.
For a deeper, data-driven look at ORN’s valuation and peer comparison, you might find ValueRay’s analyst toolkit useful.
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income: 9.48m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.00 > 0.02 and ΔFCF/TA -7.78 > 1.0 |
| NWC/Revenue: 8.60% < 20% (prev 9.24%; Δ -0.64% < -1%) |
| CFO/TA 0.07 > 3% & CFO 27.6m > Net Income 9.48m |
| Net Debt (38.0m) to EBITDA (41.6m): 0.91 < 3 |
| Current Ratio: 1.36 > 1.5 & < 3 |
| Outstanding Shares: last quarter (39.5m) vs 12m ago 14.56% < -2% |
| Gross Margin: 13.02% > 18% (prev 0.11%; Δ 1291 % > 0.5%) |
| Asset Turnover: 196.1% > 50% (prev 181.5%; Δ 14.55% > 0%) |
| Interest Coverage Ratio: 0.86 > 6 (EBITDA TTM 41.6m / Interest Expense TTM 20.9m) |
Altman Z'' 0.69
| A: 0.17 (Total Current Assets 269.7m - Total Current Liabilities 197.8m) / Total Assets 422.4m |
| B: -0.14 (Retained Earnings -61.0m / Total Assets 422.4m) |
| C: 0.04 (EBIT TTM 18.0m / Avg Total Assets 426.4m) |
| D: -0.23 (Book Value of Equity -60.6m / Total Liabilities 264.5m) |
| Altman-Z'' Score: 0.69 = B |
Beneish M -3.36
| DSRI: 0.81 (Receivables 213.3m/246.3m, Revenue 835.9m/781.1m) |
| GMI: 0.82 (GM 13.02% / 10.73%) |
| AQI: 0.97 (AQ_t 0.02 / AQ_t-1 0.02) |
| SGI: 1.07 (Revenue 835.9m / 781.1m) |
| TATA: -0.04 (NI 9.48m - CFO 27.6m) / TA 422.4m) |
| Beneish M-Score: -3.36 (Cap -4..+1) = AA |
What is the price of ORN shares?
Over the past week, the price has changed by +15.63%, over one month by +38.80%, over three months by +37.32% and over the past year by +71.69%.
Is ORN a buy, sell or hold?
- StrongBuy: 3
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the ORN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 13.1 | -7.1% |
| Analysts Target Price | 13.1 | -7.1% |
| ValueRay Target Price | 20.7 | 46.8% |
ORN Fundamental Data Overview February 04, 2026
P/E Forward = 15.456
P/S = 0.6172
P/B = 3.0882
P/EG = 0.6186
Revenue TTM = 835.9m USD
EBIT TTM = 18.0m USD
EBITDA TTM = 41.6m USD
Long Term Debt = 22.6m USD (from longTermDebt, last quarter)
Short Term Debt = 15.6m USD (from shortTermDebt, last quarter)
Debt = 42.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 38.0m USD (from netDebt column, last quarter)
Enterprise Value = 553.9m USD (515.9m + Debt 42.9m - CCE 4.92m)
Interest Coverage Ratio = 0.86 (Ebit TTM 18.0m / Interest Expense TTM 20.9m)
EV/FCF = -415.2x (Enterprise Value 553.9m / FCF TTM -1.33m)
FCF Yield = -0.24% (FCF TTM -1.33m / Enterprise Value 553.9m)
FCF Margin = -0.16% (FCF TTM -1.33m / Revenue TTM 835.9m)
Net Margin = 1.13% (Net Income TTM 9.48m / Revenue TTM 835.9m)
Gross Margin = 13.02% ((Revenue TTM 835.9m - Cost of Revenue TTM 727.1m) / Revenue TTM)
Gross Margin QoQ = 13.22% (prev 12.57%)
Tobins Q-Ratio = 1.31 (Enterprise Value 553.9m / Total Assets 422.4m)
Interest Expense / Debt = 29.42% (Interest Expense 12.6m / Debt 42.9m)
Taxrate = 8.76% (317.0k / 3.62m)
NOPAT = 16.4m (EBIT 18.0m * (1 - 8.76%))
Current Ratio = 1.36 (Total Current Assets 269.7m / Total Current Liabilities 197.8m)
Debt / Equity = 0.27 (Debt 42.9m / totalStockholderEquity, last quarter 157.9m)
Debt / EBITDA = 0.91 (Net Debt 38.0m / EBITDA 41.6m)
Debt / FCF = -28.49 (negative FCF - burning cash) (Net Debt 38.0m / FCF TTM -1.33m)
Total Stockholder Equity = 153.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.22% (Net Income 9.48m / Total Assets 422.4m)
RoE = 6.19% (Net Income TTM 9.48m / Total Stockholder Equity 153.1m)
RoCE = 10.22% (EBIT 18.0m / Capital Employed (Equity 153.1m + L.T.Debt 22.6m))
RoIC = 9.15% (NOPAT 16.4m / Invested Capital 179.0m)
WACC = 11.68% (E(515.9m)/V(558.8m) * Re(10.42%) + D(42.9m)/V(558.8m) * Rd(29.42%) * (1-Tc(0.09)))
Discount Rate = 10.42% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 10.26%
Fair Price DCF = unknown (Cash Flow -1.33m)
EPS Correlation: 48.40 | EPS CAGR: 10.13% | SUE: -0.38 | # QB: 0
Revenue Correlation: 60.57 | Revenue CAGR: 9.12% | SUE: -0.01 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.01 | Chg30d=+0.035 | Revisions Net=-1 | Analysts=2
EPS next Year (2026-12-31): EPS=0.33 | Chg30d=+0.035 | Revisions Net=-1 | Growth EPS=+62.5% | Growth Revenue=+4.4%