WallStSmart
MWH

SOLV Energy, Inc. Class A Common Stock

NASDAQ: MWH · UTILITIES · UTILITIES - RENEWABLE

$45.19
+6.30% today

Updated 2026-05-05

Market cap
$8.61B
P/E ratio
54.50
P/S ratio
3.46x
EPS (TTM)
$0.78
Dividend yield
52W range
$26 – $43
Volume
0.8M

SOLV Energy, Inc. Class A Common Stock (MWH) Stock Valuation Analysis

Fair value estimate, historical valuation range, and quality signals for MWH.

WallStSmart Verdict
Fairly
Valued

Valuation reasonably reflects current fundamentals. Limited margin of safety at these levels.

Smart Value Score: 51 / 100
P/E (TTM)
54.5x
vs 5Y median of 48.0x
PEG
Margin of Safety
+47.17%
Fair value $58.51 vs $45.19
EV / EBITDA
0.0x

MWH historical valuation range

Where current P/E sits in MWH's own 5Y range.

NOW
45.3x
5Y Low
45.6x
25th
48.0x
Median
51.3x
75th
54.5x
5Y High
MWH is trading more expensive than 100% of the last 5Y.
100th percentile · Historically expensive

MWH intrinsic value (DCF)

DCF-based fair value estimate vs current market price.

Current price
$45.19
Market value
Intrinsic value
$58.51
DCF estimate
Margin of safety
+47.17%
+29.5% upside to fair value

Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.

MWH valuation signals

Quick-read green flags, caution flags, and risks based on current metrics.

P/E near 5Y high
Current P/E sits in the 100th percentile of its 5Y range. Historically expensive relative to its own history.
Strong margin of safety
Current price 47.2% below DCF intrinsic value estimate. Meaningful downside cushion.
Weak financial quality
Piotroski F-Score of 0/9 suggests deteriorating fundamentals. Valuation requires closer scrutiny.

P/E Ratio — History

Current: 54.50x

P/S Ratio — History

Current: 3.46x

Is MWH overvalued in 2026?

SOLV Energy, Inc. Class A Common Stock (MWH) currently trades at $45.19 per share with a market capitalization of $8,607,868,000.00. Based on our multi-factor framework, the stock trades at a fair valuation with a Smart Value Score of 51/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.

The stock trades at a P/E ratio of 54.5x, above its 5-year median of 48.0x.

Looking at its own history, MWH is currently trading more expensive than 100% of the last 5Y on P/E. This places it in the 100th percentile of its historical range, a zone where forward returns have typically been muted.

Our discounted cash flow model estimates MWH's intrinsic value at $58.51 per share, against the current market price of $45.19. This implies a margin of safety of +47.17%. A meaningful cushion exists against model error, making this a reasonable risk-adjusted entry.

Financial quality is a concern. The Piotroski F-Score of 0/9 flags weakening fundamentals that deserve closer scrutiny before the valuation case can be fully trusted.

Bottom line: MWH trades at a fair valuation on our framework, with a Smart Value Score of 51/100. The valuation is defensible but offers no obvious bargain. Patience or a better entry price may reward disciplined buyers.

Frequently asked questions

Is MWH overvalued in 2026?

Based on a Smart Value Score of 51/100, MWH is fairly valued. Price reasonably reflects current fundamentals with limited cushion in either direction.

What is MWH's fair value?

Our DCF model estimates MWH's intrinsic value at $58.51 per share, versus the current price of $45.19. This produces a margin of safety of +47.17%.

What P/E ratio does MWH trade at?

MWH trades at a P/E of 54.5x on trailing twelve-month earnings, compared to its 5-year median of 48.0x.

Is MWH a buy based on valuation?

WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 51/100 reflects the combined read on growth, quality, and price. The profile is balanced. Best suited for investors with an existing thesis.

How does MWH's valuation compare to its history?

On P/E, MWH currently sits in the 100th percentile of its own 5Y range. That is historically expensive relative to where it has traded over the period.

What is MWH's Smart Value Score?

MWH's Smart Value Score is 51/100. The Smart Value Score is a proprietary WallStSmart metric blending growth quality, financial health, and valuation attractiveness into a single 0-100 read. Scores above 75 are rare and indicate strong multi-factor alignment.