WallStSmart

Centuri Holdings, Inc. (CTRI)vsSouthwest Gas Holdings Inc (SWX)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Centuri Holdings, Inc. generates 54% more annual revenue ($2.98B vs $1.94B). CTRI leads profitability with a 75.0% profit margin vs 22.7%. CTRI appears more attractively valued with a PEG of 1.01. SWX earns a higher WallStSmart Score of 57/100 (C).

CTRI

Buy

56

out of 100

Grade: C

Growth: 9.3Profit: 5.5Value: 4.7Quality: 7.5
Piotroski: 6/9Altman Z: 1.79

SWX

Buy

57

out of 100

Grade: C

Growth: 2.0Profit: 6.5Value: 7.3Quality: 4.8
Piotroski: 4/9Altman Z: 0.63
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CTRISignificantly Overvalued (-168.6%)

Margin of Safety

-168.6%

Fair Value

$11.70

Current Price

$30.45

$18.75 premium

UndervaluedFair: $11.70Overvalued
SWXSignificantly Overvalued (-289.0%)

Margin of Safety

-289.0%

Fair Value

$22.10

Current Price

$85.82

$63.72 premium

UndervaluedFair: $22.10Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CTRI3 strengths · Avg: 9.3/10
Profit MarginProfitability
75.0%10/10

Keeps 75 of every $100 in revenue as profit

EPS GrowthGrowth
175.2%10/10

Earnings expanding 175.2% YoY

Revenue GrowthGrowth
19.7%8/10

19.7% revenue growth

SWX3 strengths · Avg: 9.0/10
Operating MarginProfitability
33.9%10/10

Strong operational efficiency at 33.9%

Profit MarginProfitability
22.7%9/10

Keeps 23 of every $100 in revenue as profit

Price/BookValuation
1.6x8/10

Reasonable price relative to book value

Areas to Watch

CTRI4 concerns · Avg: 3.3/10
Altman Z-ScoreHealth
1.794/10

Distress zone — elevated risk

Return on EquityProfitability
3.1%3/10

ROE of 3.1% — below average capital efficiency

Operating MarginProfitability
4.6%3/10

Operating margin of 4.6%

Debt/EquityHealth
1.813/10

Elevated debt levels

SWX4 concerns · Avg: 3.3/10
PEG RatioValuation
2.154/10

Expensive relative to growth rate

P/E RatioValuation
26.6x4/10

Moderate valuation

Return on EquityProfitability
6.1%3/10

ROE of 6.1% — below average capital efficiency

Revenue GrowthGrowth
-13.1%2/10

Revenue declined 13.1%

Comparative Analysis Report

WallStSmart Research

Bull Case : CTRI

The strongest argument for CTRI centers on Profit Margin, EPS Growth, Revenue Growth. Profitability is solid with margins at 75.0% and operating margin at 4.6%. Revenue growth of 19.7% demonstrates continued momentum.

Bull Case : SWX

The strongest argument for SWX centers on Operating Margin, Profit Margin, Price/Book. Profitability is solid with margins at 22.7% and operating margin at 33.9%.

Bear Case : CTRI

The primary concerns for CTRI are Altman Z-Score, Return on Equity, Operating Margin. A P/E of 121.8x leaves little room for execution misses. Debt-to-equity of 1.81 is elevated, increasing financial risk.

Bear Case : SWX

The primary concerns for SWX are PEG Ratio, P/E Ratio, Return on Equity.

Key Dynamics to Monitor

CTRI profiles as a growth stock while SWX is a declining play — different risk/reward profiles.

CTRI is growing revenue faster at 19.7% — sustainability is the question.

CTRI generates stronger free cash flow (66M), providing more financial flexibility.

Monitor UTILITIES - REGULATED GAS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

SWX scores higher overall (57/100 vs 56/100), backed by strong 22.7% margins. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Centuri Holdings, Inc.

UTILITIES · UTILITIES - REGULATED GAS · USA

Centuri Holdings, Inc. is a leading provider of essential infrastructure services for the utility sector, specializing in the installation and maintenance of energy and utility systems. With a comprehensive portfolio that includes pipeline installation and utility construction, the company plays a crucial role in advancing sustainable energy solutions across North America. Centuri emphasizes safety and sustainability while leveraging innovative technologies to optimize service delivery and operational efficiency. Its strategic partnerships and agile business model allow it to adeptly navigate the evolving utility landscape, positioning the company for sustained growth and value creation for its investors.

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Southwest Gas Holdings Inc

UTILITIES · UTILITIES - REGULATED GAS · USA

Southwest Gas Holdings, Inc. purchases, distributes and transports natural gas in Arizona, Nevada and California. The company is headquartered in Las Vegas, Nevada.

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