-5.55%
-5.35%
-13.05%
33.08%
-6.87%
24.99%
-17.99%
AI Spotlight on PCOR
Company Description
Procore Technologies, Inc.provides a cloud-based construction management platform and related software products in the United States and internationally.The company's platform enables owners, general and specialty contractors, architects, and engineers to collaborate on construction projects.
It offers Preconstruction that facilitates collaboration between internal and external stakeholders during the planning, budgeting, estimating, bidding, and partner selection phase of a construction project; and Project Management, which enables real-time collaboration, information storage, design, BIM model clash detection, and regulation compliance for teams on the jobsite and in the back office.The company also provides Resource Management that helps contractors to schedule, track, and forecast labor productivity, enhance time management, communication with workforces, and manage profitability on construction projects; and Financial Management, which provides customers with visibility into the financial health of their individual construction projects and portfolios, as well as facilitates untethered access to financial data, linking the field, and the office in real-time.It serves owners, general contractors, and specialty contractors operating in the commercial, residential, industrial, and infrastructure segments of the construction industry.
The company primarily sells subscriptions to access its products on computers, smartphones, and tablets through any web browser or from its mobile application available for iOS and Android platforms through its direct sales team.Procore Technologies, Inc.was incorporated in 2002 and is headquartered in Carpinteria, California.
Market Data
| Last Price | 72.17 |
| Change Percentage | -5.55% |
| Open | 75.97 |
| Previous Close | 76.41 |
| Market Cap ( Millions) | 10820 |
| Volume | 909900 |
| Year High | 88.92 |
| Year Low | 49.46 |
| M A 50 | 77.85 |
| M A 200 | 68.72 |
Financial Ratios
| FCF Yield | 1.18% |
| Dividend Yield | 0.00% |
| ROE | -8.44% |
| Debt / Equity | 5.75% |
| Net Debt / EBIDTA | 2902.65% |
| Price To Book | 8.36 |
| Price Earnings Ratio | -101.63 |
| Price To FCF | 84.86 |
| Price To sales | 9.39 |
| EV / EBITDA | -834.57 |
News
- Feb -18 - Procore Technologies: Remain Buy Rated On Growth Acceleration Beyond FY25
- Feb -14 - Procore: Mixed Earnings, Revenue Tops
- Feb -14 - Procore Technologies, Inc. (PCOR) Q4 2024 Earnings Call Transcript
- Feb -13 - Procore Technologies (PCOR) Q4 Earnings Lag Estimates
- Jan -23 - Procore Announces Timing of Fourth Quarter and Full Fiscal Year 2024 Earnings Call
- Dec -06 - Procore: Future Remains Bright
- Nov -21 - FYLD Integrates With Procore to Bridge the Gap Between Construction Field Work and Back Office, Leading to 12% Productivity Gains
- Nov -20 - EarthCam Introduces Project Scheduling for its Jobsite Camera Platform at Procore Groundbreak
- Nov -20 - Procore Launches Procore AI with New Agents to Boost Construction Management Efficiency
- Nov -20 - Procore Drives Connected Construction Innovation at Groundbreak 2024
- Nov -19 - Procore Technologies: Sales Force Expansion And International Expansion, Buy
- Nov -08 - Are You Looking for a Top Momentum Pick? Why Procore Technologies (PCOR) is a Great Choice
- Oct -31 - Procore Technologies, Inc. (PCOR) Q3 2024 Earnings Call Transcript
- Oct -30 - Procore Technologies (PCOR) Q3 Earnings and Revenues Surpass Estimates
- Oct -10 - Procore Announces Timing of Third Quarter Fiscal Year 2024 Earnings Call and Announces Date for 2024 Investor Day
- Oct -04 - Procore Technologies: Strong Growth, Expanding Margins, And Relative Undervaluation
- Sep -25 - Procore: My Pick For An IT Stock Whose Business Can Recover As Interest Rates Start To Fall
- Sep -07 - 3 Tech Stocks to Buy Instead of Nvidia
- Aug -17 - Procore Technologies: Opportunity For The Long-Term
- Aug -14 - 3 Tech Stocks That Have Entered Correction Territory
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Cloud-based Construction Management Platform and Related Products and Services
Expected Growth : 11.2 %
What the company do ?
Procore Technologies, Inc. offers a cloud-based construction management platform and related products and services, streamlining project management, collaboration, and communication for construction professionals.
Why we expect these perspectives ?
Procore's cloud-based construction management platform growth is driven by increasing adoption of digital technologies in the construction industry, rising demand for collaborative project management tools, and growing need for cost control and risk management. Additionally, the company's expanding product offerings, strategic partnerships, and strong sales and marketing efforts contribute to its 11.2% growth.
Procore Technologies, Inc. Products
| Product Range | What is it ? |
|---|---|
| Project Management | A comprehensive platform to manage construction projects from start to finish, including project planning, quality and safety management, and project financials. |
| Quality and Safety | A module that enables users to identify and mitigate risks, track and manage incidents, and ensure compliance with safety regulations. |
| Construction Financials | A module that provides real-time visibility into project financials, including budgeting, forecasting, and cost management. |
| Field Productivity | A mobile application that enables field teams to access project information, track progress, and collaborate in real-time. |
| Design Coordination | A module that enables users to manage and coordinate design changes, RFIs, and submittals in a single platform. |
| BIM Integration | A module that enables users to integrate 3D models with project data, improving collaboration and reducing errors. |
| Owner Portal | A platform that enables owners to access project information, track progress, and collaborate with project teams. |
Procore Technologies, Inc.'s Porter Forces
Threat Of Substitutes
Procore Technologies, Inc. operates in a niche market, providing a specialized software solution for the construction industry. While there are some substitutes available, they are not as comprehensive or user-friendly as Procore's offerings. Therefore, the threat of substitutes is moderate.
Bargaining Power Of Customers
Procore's customers are primarily construction companies and contractors, who have limited bargaining power due to the specialized nature of Procore's software. Additionally, Procore's software is often deeply integrated into customers' workflows, making it difficult for them to switch to alternative solutions.
Bargaining Power Of Suppliers
Procore Technologies, Inc. has a diverse supplier base, and the company is not heavily dependent on any single supplier. Additionally, the company's software development process is largely in-house, reducing its reliance on external suppliers.
Threat Of New Entrants
The construction software market is attractive, and new entrants may be drawn to the market due to its growth potential. However, Procore's established brand, extensive customer base, and high switching costs create barriers to entry for new competitors.
Intensity Of Rivalry
The construction software market is moderately competitive, with several established players vying for market share. However, Procore's strong brand recognition, customer loyalty, and continuous innovation efforts help the company maintain its market position.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 7.52% |
| Debt Cost | 3.95% |
| Equity Weight | 92.48% |
| Equity Cost | 7.86% |
| WACC | 7.57% |
| Leverage | 8.13% |
Procore Technologies, Inc. : Quality Control
Procore Technologies, Inc. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| GTLB | GitLab Inc., through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. The company offers GitLab, a DevOps platform, which is … |
| PAYC | Paycom Software, Inc. provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States. It offers functionality and data analytics that businesses … |
| RIOT | Riot Blockchain, Inc., together with its subsidiaries, focuses on bitcoin mining operations in North America. It operates through Bitcoin Mining, Data Center Hosting, and Electrical Products and Engineering segments. As … |
| FROG | JFrog Ltd. provides DevOps platform in the United States. The company's products include JFrog Artifactory, a package repository that allows teams and organizations to store, update, and manage their software … |
| BSY | Bentley Systems, Incorporated, together with its subsidiaries, provides infrastructure engineering software solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers open modeling and open … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Paycom Software
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Bentley Systems
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Riot Blockchain
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Procore
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GitLab
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