Mastec Inc vs Quanta Services Inc

Mastec Inc (MTZ) is slightly undervalued and Quanta Services Inc (PWR) is overvalued.

Against our estimates of intrinsic value, MTZ trades at the wider discount: a margin of safety of +8%, against -210% for PWR.

Values as of the 22 Sept 2026 close.

Mastec Inc (MTZ)

Discounting its cash flows at 12.4% (average of 3 methods) values the shares at $240.05; the price of $221.69 is 8% below that value, and 67% of that value comes from beyond year five.

Leak Score 41/100 on 9 of 12 signals

Quanta Services Inc (PWR)

Discounting its cash flows at 10.6% (average of 3 methods) values the shares at $207.13; the price of $642.63 is 210% above that value, and 72% of that value comes from beyond year five.

Leak Score 55/100 on 10 of 12 signals

MetricMTZPWR
VerdictSlightly undervaluedOvervalued
Price$221.69$642.63
Intrinsic value$240.05$207.13
Margin of safety+8%-210%
Leak Score41/100 (9/12)55/100 (10/12)
Market cap$17.8B$96.6B
Revenue growth, 5 years17.7%20.5%
Operating margin5.2%6.4%
Net margin3.1%4.0%
Return on equity15.4%15.2%
Debt to equity0.930.69
P/E35.3x73.6x
Forward P/E17.6x32.7x
P/B5.0x10.0x
Dividend yield0.1%

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