3 models fit Centuri Holdings Inc. Common Stock and they disagree: 1 of 3 land within 15% of the average.
Two or more of our models back this value.
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Valued as a utility: P/E comparison, EV/EBITDA comparison, and Discounted cash flow.
ACCE opinionCenturi Holdings Inc. Common Stock (CTRI)
Fair value (3 models)
$15.17
ACCE price target
$20.90
Rating
Overvalued
Horizon
12 months
Fair value published on 18 Oct 2026, 16:04 CEST; previously $15.59 since 14 Oct 2026, 00:00 CEST.
ACCE price target published on 11 Oct 2026, 00:00 CEST.
Rating published on 18 Oct 2026, 16:04 CEST.
Price used: $19.34 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow, P/E comparison, and EV/EBITDA comparison.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
27.5% above
-21.6% to fair value
ACCE score
41
out of 100
Analysts
43% buy
7 covering
P/E
60.4x
forward 20.5x
1-year return
-5.0%
Dividend yield
0.00%
Centuri Holdings Inc. Common Stock in four questions
Plain answers, details below
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Overview
ACCE thesis
Centuri Holdings builds and maintains the underground and overhead gas and electric infrastructure that utilities contract out, so its revenue tracks utility capital programs rather than end-customer demand. Its advantage is scale in a fragmented contractor market and long-standing utility relationships, which matter because utilities are under pressure to replace aging gas pipe and harden the grid. Revenue grew 32.9% over the latest reported period, and the forward P/E of 20.5 against a trailing 59.9 suggests earnings are expected to recover sharply from a depressed base. The bear case is thin economics: a 7.8% gross margin and 2.8% operating margin leave little room for execution slippage, and a 4.0% ROE says the growth is not yet earning much for shareholders. It scores 43/100 and sits outside the major indices, so the question for the portfolio manager is whether margin recovery is visible enough to justify the deeper look.