Shimmick Corporation (SHIM) AI Stock Analysis

• Market Cap: $84.93M
• Dividend Yield: N/A
• Average Volume (3M): 22.00K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.31
• Revenue Growth: -0.77%
• EPS Growth: 30.69%
• Country: US
• Employees: 1,200
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): -0.14
• Shares Outstanding: 35,315,502
• 10 Day Avg. Volume: 15,169
• 30 Day Avg. Volume: 21,998
• PEG Ratio: >-0.01
• Price to Book (P/B): -2.61
• Price to Sales (P/S): 0.19
• P/FCF Ratio: -2.84
• Enterprise Value/Market Cap: 1.24
• Enterprise Value/Revenue: 0.20
• Enterprise Value/Gross Profit: 25.18
• Enterprise Value/Ebitda: -2.23
• 1Y Price Target: $2.50
• Price Target Upside: 4.17% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 46 Neutral
• Price Target: $2.50 ▲(4.17% Upside)

Shimmick Corporation's overall stock score is primarily impacted by its weak financial performance, characterized by persistent profitability issues and financial instability. While technical analysis shows some bullish momentum, overbought conditions pose a risk. Valuation metrics are unfavorable due to negative earnings and lack of dividends. The positive sentiment from the corporate event is noted but does not significantly alter the overall score.

Shimmick Corporation Business Overview & Revenue Model

Company Description

Shimmick Corporation provides water and other critical infrastructure solutions in the United States. The company undertakes water and wastewater treatment infrastructure; water storage and conveyance, dam, levee, flood control system, pump station, and coastal protection infrastructure; and mass transit, bridge, and military infrastructure projects. It serves federal, state, and local governments. The company was formerly known as SCCI National Holdings, Inc. and changed its name to Shimmick Corporation in September 2023. Shimmick Corporation was founded in 1990 and is headquartered in Irvine, California. Shimmick Corporation operates as a subsidiary of GOHO, LLC.

How the Company Makes Money

Shimmick Corporation generates revenue through contracts awarded for construction and engineering projects, primarily from government agencies and public-private partnerships. The company's revenue model is based on fixed-price contracts, cost-plus contracts, and unit price contracts, allowing for various pricing mechanisms depending on the project type. Key revenue streams include contracts for highways, bridges, tunnels, and water treatment facilities. Additionally, Shimmick often collaborates with other construction firms and subcontractors, forming strategic partnerships that enhance its bidding capabilities and project execution, thereby contributing to its overall earnings.

Shimmick Corporation Financial Statement Overview

Summary

Shimmick Corporation faces significant financial challenges. The income statement shows persistent profitability issues, with negative net profit margins and volatile revenue growth. The balance sheet reflects financial instability with negative equity, and cash flow has shown some improvement but remains inconsistent. Overall, the company needs to address cost management and financial structure to improve its financial health.

Income Statement

Shimmick Corporation's income statement reveals significant challenges. The company has experienced negative net profit margins consistently, with a TTM net profit margin of -20.98%. Revenue growth is positive in the TTM period at 7.84%, indicating some recovery, but historical revenue growth has been volatile. Gross profit margins have been negative or very low, reflecting cost management issues. Overall, profitability remains a concern.

Balance Sheet

The balance sheet shows a concerning financial structure with negative stockholders' equity in recent periods, leading to negative debt-to-equity ratios. This indicates financial instability and potential solvency issues. The return on equity is positive in the TTM period, but this is due to negative equity, which distorts the metric. The equity ratio is also negative, highlighting the company's reliance on debt financing.

Cash Flow

Cash flow analysis indicates some improvement in the TTM period with positive operating and free cash flows. However, historical cash flows have been negative, and free cash flow growth has been inconsistent. The operating cash flow to net income ratio is negative, suggesting cash flow challenges. The free cash flow to net income ratio is positive, indicating some ability to generate cash relative to net losses.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2022	Dec 2021
Income Statement
Total Revenue	520.10M	480.24M	632.81M	664.16M	572.67M
Gross Profit	4.17M	-55.65M	22.37M	23.52M	-132.80M
EBITDA	-47.00M	-105.15M	17.12M	-23.58M	-198.03M
Net Income	-58.32M	-124.75M	-2.55M	3.76M	45.40M
Balance Sheet
Total Assets	202.98M	233.86M	426.65M	446.80M	492.00M
Cash, Cash Equivalents and Short-Term Investments	21.39M	33.73M	62.94M	77.76M	73.18M
Total Debt	19.33M	25.46M	44.67M	14.44M	11.90M
Total Liabilities	252.44M	268.54M	356.16M	395.20M	444.98M
Stockholders Equity	-49.46M	-34.52M	71.24M	52.64M	46.59M
Cash Flow
Free Cash Flow	11.83M	-31.74M	-95.14M	-13.53M	-56.91M
Operating Cash Flow	15.60M	-21.26M	-88.10M	-3.08M	-53.98M
Investing Cash Flow	17.11M	15.04M	22.05M	4.20M	136.17M
Financing Cash Flow	-32.92M	-21.90M	47.88M	-931.00K	-294.00K

Shimmick Corporation Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2.40
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SHIM, the sentiment is Neutral. The current price of 2.4 is below the 20-day moving average (MA) of 2.67, below the 50-day MA of 2.76, and above the 200-day MA of 2.12, indicating a neutral trend. The MACD of -0.10 indicates Positive momentum. The RSI at 36.86 is Neutral, neither overbought nor oversold. The STOCH value of 14.62 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SHIM.

Shimmick Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WLDN	73 Outperform	$1.40B	39.80	14.68%	―	13.82%	96.16%
ORN	64 Neutral	$328.21M	29.31	7.90%	―	15.85%	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
BBCP	58 Neutral	$333.55M	39.90	3.32%	―	-8.98%	-38.23%
ESOA	54 Neutral	$168.34M	59.02	5.24%	0.59%	9.52%	-88.22%
SLND	49 Neutral	$239.18M	―	-41.62%	―	-23.35%	-49.27%
SHIM	46 Neutral	$84.93M	―	-679.42%	―	-0.77%	30.69%

Shimmick Corporation Corporate Events

Shimmick Corporation Enters Market Offering Agreement

On September 8, 2025, Shimmick Corporation entered into an At The Market Offering Agreement with Roth Capital Partners, LLC for the sale of its common stock, with an aggregate offering amount up to $7,800,000. The sales will be made in “at the market offerings” under the Securities Act of 1933, and the company is not obligated to sell any shares. The agreement allows for suspension or termination by either party and includes a commission for the sales agent and indemnification against certain liabilities.