Market Pulse46Neutral

Limbach Holdings, Inc.Opportunity Rank #216(LMB) Intrinsic Value & DCF Analysis (2026)

Current Price

$75.57

Last updated: Jul 13, 2026

Price vs Intrinsic Value

$75.57
Price
$71.63
Intrinsic Value
Overvalued by 5%MOS: $57.30

Fundamental Score

41/100
Bearish

Weighted across 6 signals

Narrative Score

55/100
Improving

-1 vs previous

Trend Score

20/100
Weak

As of 2026-07-10

The intrinsic value of Limbach Holdings, Inc. (LMB) is estimated at $71.63 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $75.57, the stock appears overvalued relative to its projected cash flow fundamentals. This estimate assumes a 12.21% long-term growth rate and a 10.39% discount rate, reflecting expected future free cash flow and cost of capital.

The intrinsic value of Limbach Holdings, Inc. (LMB) is estimated at $71.63 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $75.57, the stock appears overvalued relative to its projected cash flow fundamentals. This estimate assumes a 12.21% long-term growth rate and a 10.39% discount rate, reflecting expected future free cash flow and cost of capital.

Valuation Details

$71.63
▼ -5.21% downside
20% margin of safety: $57.30
Years: 10Growth Rate: 12.21%
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Capital Efficiency

Average Quarterly ROIC
5.25%
Cost of Capital (estimated)9%
Value StatusUnderperforming Capital

The company is earning below its required return. This may indicate inefficient use of capital or excess cash that isn't being reinvested.

Complete historical ROIC is available with
.

Fundamental Details

41/100
BearishWeighted across 6 signals
DCF Discount
5.2% premium to price
41
FCF Yield
4.2% trailing FCF yield
54
ROIC vs WACC
ROIC 5.3% vs WACC 9.0% (0.6x)
29
Net Debt / FCF
0.4x net debt to FCF
91
Buybacks
Share count shrinking
80
FCF CAGR (5Y)
-0.9% 5Y FCF CAGR (adjusted)
0
Strengths: Net Debt / FCF, Buybacks. Concerns: ROIC vs WACC, FCF CAGR (5Y).

Narrative Details

55/100
Improving
-1 vs previousVs 6-Month Baseline:Above Avg (70th pct)Weighted across 3 recent drivers
Trend: StableConfidence: 42%Updated: 3h ago
Sources: 7 (7 News)
Drivers(last 30 days)
Earnings beat+0.3
4 news sentiment+0.2
2 regulatory scrutiny+0.0

Trend Details

20/100
WeakAs of 2026-07-10309 daily bars used
Distance from 52-Week High-49.5%
3M Relative Strength vs SPY-21.5%
6M Relative Strength vs SPY-11.0%
Price vs 21 EMA27 · -4.0%
Price vs 50 EMA23 · -5.8%
21 EMA vs 50 EMA35 · -1.9%
3M RS vs SPY3 · -21.5%
6M RS vs SPY23 · -11.0%
Distance from 52W High1 · -49.5%

Investment Coach

Updating... 32d ago
AVOIDConfidence: 58%
Thesis
Limbach Holdings, Inc. exhibits weak fundamentals with a bearish score of 41 and returns trailing its cost of capital, despite a valuation implying a modest 12.1% upside. The company's ROIC is significantly below its WACC, indicating value destruction and limited growth prospects.
Key Risk
The primary risk is the sustained negative spread between ROIC and WACC, which could continue to erode shareholder value.
Signals To Watch
  • Monitor whether valuation discount remains above 10%.
  • Track ROIC vs WACC spread for sustained improvement.
  • Follow narrative trend for meaningful shifts in the score direction.
Ask the Coach - Available with
Historical Growth Rates
Free Cash Flow- - -Trend CAGR: 12.22%5 Year CAGR (Adjusted): 128.34%

Free Cash Flow (in millions)

TTM202520242023202220212020201920182017201620152014
$38$50$44$60$36-$23$41$2$29-$1$8$20$

How Intrinziq Estimates Fair Value

Intrinziq estimates Limbach Holdings, Inc.'s intrinsic value using a discounted cash flow (DCF) model based on free cash flow trends and a market-based discount rate. The model projects future cash flows over ten years and discounts them using a market return assumption to estimate fair value.

Limbach Holdings, Inc.Basic Materials

Limbach Holdings, Inc. operates as a building systems solution company in the United States. The company operates through two segments, Owner Direct Relationships and General Contractor Relationships. It engages in the construction or renovation projects that involve primarily include mechanical, electrical, plumbing, and controls services (MEPC). It also provides professional and consultative services; inspection, troubleshooting, repair, and services; system and/or facility assessments; turnkey rental equipment solutions; MEPC infrastructure solutions; and customized solutions. The company serves research, acute care, and inpatient hospitals; public and private colleges, universities, research centers; entertainment facilities, and amusement rides and parks; data centers; automotive, energy and general manufacturing plants; and life sciences, including organizations and companies, whose work is centered around research and development focused on living things. Limbach Holdings, Inc. was founded in 1901 and is headquartered in Tampa, Florida.