PWR vs NAAS Stock Comparison

Quanta Services and NaaS Technology Prices as of Oct 26, 2026 Peers: Industry group
PWR Quanta Services, Inc.
$564.03 -13.1% 1M +27.9% 1Y
Market cap
$84.76B
P/E
63.9x
Revenue (TTM)
$32.91B
Div. yield
0.08%
Utility Construction Industrials
3 wins

Head to Head

3 decided of 12

Quanta Services leads on 3 of the 12 questions below (Quanta Services 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionPWRNAASLeader
Larger companyMarket capitalisation $84.76B $141.53K PWR
Cheaper on earningsLower P/E, profitable companies only 63.9x — –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 35.5x — –
Faster revenue growthRevenue growth, trailing twelve months +26.3% — –
More profitableNet margin, trailing twelve months 4.0% — –
Better return on capitalReturn on invested capital 10.1% — –
Less leveragedLower net debt / EBITDA 1.8x — –
Higher dividend yieldTrailing dividend yield 0.08% — –
Better 1-year returnPrice return, last 12 months +27.9% -37.9% PWR
Better 5-year returnAnnualised price return, 5 years +37.1%/yr — –
Less volatileAnnualised volatility, 1 year 44.8% 69.7% PWR
Higher overall scoreMean of the five percentile scores vs peers 66/100 — –

Percentile Scorecard

PWRNAAS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisPWRNAAS
Valuation 48 #12 of 22 –
Growth 100 #1 of 9 –
Profitability 86 #2 of 8 –
Financial Health 31 #19 of 27 0 #33 of 33
Shareholder Returns – –
Overall 66 –
  • PWR ranked among 27 companies in Construction Services
  • NAAS ranked among 33 companies in Clean Energy Equipment

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodPWRNAASSPY
1 month -13.1%-35.3% -0.8%
3 months -9.1%-37.2% +3.5%
6 months -11.5%-7.0% +7.0%
Year to date +33.6%-37.6% +12.2%
1 year +27.9%-37.9% +13.0%
3 years +242.1%-99.8% +86.3%
3 years, per year +50.7%-87.1% +23.1%
5 years +384.3%— +68.6%
5 years, per year +37.1%— +11.0%
10 years +1,884.6%— +258.0%
10 years, per year +34.8%— +13.6%

Risk

MeasurePWRNAASSPY
Volatility, 1Y 44.8%69.7% 12.7%
Downside volatility, 1Y 42.7%68.5% 12.7%
Beta vs S&P 500, 1Y 1.720.82 1.00
Return / volatility, 1Y 0.62-0.54 1.02
Max drawdown, 5Y -33.9%-100.0% -25.4%
From 52-week high -28.2%-47.6% -1.8%
52-week high $785.24$4.03 $779.14
52-week low $413.17$1.97 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultiplePWRNAAS
P/E now vs peer median 63.9xmedian 36.1x —median 21.4x
P/S now vs peer median 2.6xmedian 1.0x —median 3.4x
EV/EBITDA now vs peer median 29.5xmedian 5.8x —median 9.0x
P/FCF now vs peer median 37.0xmedian 18.5x —median 12.0x
P/B now vs peer median 8.7xmedian 1.7x 0.0xmedian 1.3x
PEG now vs peer median 2.08median 1.34 —median 0.53

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsPWRNAAS
Revenue $32.91B –
Gross profit $5.09B –
Operating income $2.04B –
Net income $1.35B –
Free cash flow $2.29B –
EPS (diluted) $8.70 –
Cash & equivalents $506.43M $11.38M
Total debt $6.10B $158.09M
Shares (diluted) 152.44M 35.27K
Enterprise value $82.94B -$45.24M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricPWRNAAS
P/E 63.9x –
P/FCF 37.0x –
P/Operating cash flow 26.7x –
P/S 2.6x –
P/B 8.7x 0.0x
P/Tangible book 13.0x 0.0x
EV/EBITDA 29.5x –
EV/EBIT 44.4x –
EV/Revenue 2.7x –
EV/FCF 39.5x –
EV/Operating cash flow 28.4x –
PEG (3Y EPS CAGR) 2.08 –

Growth

14 metrics
MetricPWRNAAS
Revenue growth (1Y) 26.3% –
Revenue CAGR (3Y) 21.5% –
Gross profit growth (1Y) 29.8% –
Gross profit CAGR (3Y) 24.2% –
Operating income growth (1Y) 36.3% –
Operating income CAGR (3Y) 28.9% –
Net income growth (1Y) 36.2% –
Net income CAGR (3Y) 31.5% –
EPS growth (1Y) 35.2% –
EPS CAGR (3Y) 30.7% –
Operating cash flow growth (1Y) 59.6% –
Operating cash flow CAGR (3Y) 42.8% –
Free cash flow growth (1Y) 68.4% –
Free cash flow CAGR (3Y) 47.7% –

Profitability

14 metrics
MetricPWRNAAS
Gross margin 15.5% –
EBITDA margin 9.3% –
Operating margin 6.2% –
Pretax margin 5.3% –
Net margin 4.0% –
FCF margin 7.0% –
Operating cash flow margin 9.7% –
Return on equity 14.3% –
Return on assets 5.0% –
Return on invested capital 10.1% –
Return on capital employed 12.6% –
Asset turnover 1.2x –
Cash conversion (OCF / net income) 2.4x –
Stock comp / revenue 0.7% –

Financial Health

11 metrics
MetricPWRNAAS
Debt / assets 21.6% 195.9%
Debt / equity 0.6x -0.6x
Net debt / EBITDA 1.8x –
Debt / FCF 2.7x –
Liabilities / assets 65.6% 404.2%
Equity / assets 34.4% -304.2%
Interest coverage 6.9x –
Current ratio 1.1x 0.2x
Quick ratio 1.0x -0.1x
Cash ratio 0.0x 0.1x
Altman Z-score 4.55 –

Shareholder Returns

7 metrics
MetricPWRNAAS
Dividend yield 0.1% –
Net buyback yield – –
Shareholder yield 0.1% –
Payout ratio (earnings) 4.7% –
Payout ratio (FCF) 2.8% –
Dividend growth (1Y) 10.9% –
Dividend CAGR (3Y) 12.6% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusPWRNAAS
Forward P/E 35.5xFY2026 –
EPS, next fiscal year $15.87FY2026 $-6.73FY2024
EPS growth, next FY +47.6%FY2026 –
EPS growth, the year after +27.0% –
Revenue, next fiscal year $40.74BFY2026 $59.32MFY2026
Revenue growth, next FY +43.0%FY2026 +231.5%FY2026
Revenue growth, the year after +9.5% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersPWRNAAS
Held by institutions 88.9% –
Institutions holding 1,919 –
Change in shares held, QoQ +13.5% –
Institutions buying 972 –
Institutions selling 703 –
Buyers to sellers 1.38 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

PWRNAAS
PWR 1.00 0.02
NAAS 0.02 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, PWR and NAAS?

Quanta Services (PWR) is the largest by market capitalisation: Quanta Services (PWR) $84.76B, NaaS Technology (NAAS) $141.53K.

Which stock has performed better?

Over the past year Quanta Services (PWR) returned the most: Quanta Services (PWR) +27.9%, NaaS Technology (NAAS) -37.9%. Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Quanta Services (PWR) 0.08%. NaaS Technology (NAAS) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Quanta Services (PWR) has been the steadiest (Quanta Services (PWR) 44.8%, NaaS Technology (NAAS) 69.7%). Volatility measures how widely the price swings, not the risk of the business.

Do PWR and NAAS move together?

Their daily returns over the past year have a correlation of 0.02, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, PWR and NAAS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Quanta Services (PWR) leads on 3. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.