Limbach Holdings, Inc. (LMB) Fair Value 2026

LMB · Building Products & Equipment ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

8.8 /10

32 fundamental signals · 11 models active

Value Trap Risk

LOW (25/100)

Quick Summary — As of 2026-08-27, Limbach Holdings, Inc. (LMB) trades at $41.73, versus a $29.20 median fair value across its 11 active models — 30.0% below the current price. QOC: 8.8/10. Value Trap Risk: 25/100 (LOW). 11/13 models active. Within that set, the Bayesian DCF component alone returns $22.44.

Key Facts

Ticker
LMB
Price
$41.73
Quality Score
8.8/10
Value Trap Risk
25/100
Models Active
11/13
Last Updated
Strength: First Chicago suggests +124.1% upside with 59% confidence
Risk: Majority of models suggest overvaluation

Is Limbach Holdings, Inc. (LMB) Undervalued or Overvalued in 2026?

According to CirclFi’s 11-model valuation engine, Limbach Holdings, Inc. (LMB) appears overvalued as of : the median of 11 independent fair value estimates is $29.20, 30.0% below the current price of $41.73. Estimates range from $2.78 to $93.50. LMB scores 8.8/10 on fundamental quality and 25/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. LMB’s -30.0% gap is wider than that market norm, and the Building Products & Equipment sector median is -32.1%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Limbach Holdings, Inc. Stock in 2026? →

What Fair Value Does Each Model Give LMB?

11 Intrinsic Value Models vs. Current Price ($41.73)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $22.44 -46.2%
Intrinsic · High Conviction
 $11.60 -72.2%
Ensemble · Low Conviction
 $34.95 -16.2%
Scenario · High Conviction
 $93.50 +124.1%
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What Is LMB's Fair Value Range?

Spread across 11 independent models · $2.78 to $93.50

CirclFi's 11 active models place Limbach Holdings, Inc. (LMB) between $2.78 and $93.50 per share, a spread of 311% of the median. The median of that range — $29.20 — is the fair value CirclFi publishes for LMB, against a current price of $41.73.

Low · Dynamic NAVHigh · First Chicago
$2.78median $29.20$93.50
Where the range comes from
Most bearish modelDynamic NAV$2.78
Most bullish modelFirst Chicago$93.50
Model agreement4 bullish · 7 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for LMB. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on LMB, not a CirclFi price target. How each model works →

What Is Limbach Holdings, Inc. (LMB) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, the balance of valuation evidence tilts cautious on Limbach Holdings, Inc. at its current price of $41.73. The median intrinsic value is estimated at $29.20 (-30.0% vs price), with 7 models flagging overvaluation risk. The most optimistic model, First Chicago, places fair value at $93.50 (+124.1%), while Dynamic NAV — the most conservative — estimates $2.78 (-93.3%). This +217.4% gap reflects genuine analytical uncertainty about Limbach Holdings, Inc.'s intrinsic worth. Among models with highest confidence, EPV lean bearish — adding weight to the bearish side of the thesis.

What Do the Models Say About LMB?

11 of 13 models are currently active for LMB. Of these, 4 models suggest upside while 7 models suggest overvaluation. Taken together, their median fair value for LMB is $29.20 — the figure CirclFi publishes as this stock's fair value. One component of that median, the Bayesian DCF, returns $22.44 on its own, implying -46.2% downside from the current price. See which stocks rank higher →

How Does LMB Rank in Building Products & Equipment?

Among 38 Building Products & Equipment stocks, LMB ranks #6 by Quality of Company score. CirclFi's QOC score of 8.8/10 evaluates 32 fundamental signals. A score of 8.8 places LMB in the top tier.

As a industrial sector, Limbach Holdings, Inc. operates in a sector where working capital efficiency is a critical driver of valuation. Investors evaluating LMB should weigh these sector-specific dynamics alongside our model-derived fair values.

Is LMB a Value Trap?

CirclFi's Value Trap algorithm assigns LMB a score of 25/100 (LOW). This indicates low risk. The financial profile does not exhibit typical value trap warning signs. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

11 of 13 models are active for Limbach Holdings, Inc.. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, which evaluates 32 signals including margin stability, revenue growth trajectory, leverage, and free cash flow generation, Limbach Holdings, Inc. is rated at 8.8/10. This strong-tier score demonstrates strong fundamentals across the majority of our quality signals.

The gap between the most bullish and bearish model spans +217.4% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every LMB valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across LMB's 11 active models, average confidence is 50%. Moderate confidence indicates reasonable fit.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Limbach Holdings, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Building Products & Equipment Stocks Should You Also Analyze?

11 related Building Products & Equipment stocks with 13-model coverage

SPXCSPX Technologies, Inc.QOC 8.9WMSAdvanced Drainage Systems, Inc.QOC 8.7AWIArmstrong World Industries, Inc.QOC 9.0MASMasco CorporationQOC 8.4CSLCarlisle Companies IncorporatedQOC 9.2JCIJohnson Controls International plcQOC 8.3APOGApogee Enterprises, Inc.QOC 7.8FBINFortune Brands Innovations, Inc.QOC 7.3MAIRMadison Air Solutions CorporationQOC 4.8TTTrane Technologies plcQOC 9.4LIILennox International Inc.QOC 9.4

Read investment analysis: SPXC · WMS · AWI · MAS · CSL · JCI · APOG · FBIN · MAIR · TT · LII

Which Other Stocks Have a Similar Quality Score to LMB?

7 companies across all industries closest to LMB’s Quality of Company score of 8.8/10.

CIXCompX International Inc.QOC 8.8TAYDTaylor Devices, Inc.QOC 8.8BDLFlanigan's Enterprises, Inc.QOC 8.8OSKOshkosh CorporationQOC 8.8EOGEOG Resources, Inc.QOC 8.8VELVelocity Financial, Inc.QOC 8.8NVDANVIDIA CorporationQOC 10.0

Read investment analysis: CIX · TAYD · BDL · OSK · EOG · VEL · NVDA

What Else Do Investors Ask About Limbach Holdings, Inc.’s Valuation?

What is Limbach Holdings, Inc.'s intrinsic value in 2026?

CirclFi puts Limbach Holdings, Inc. (LMB)'s intrinsic value at $29.20 — the median of 11 independent model estimates as of 2026-08-27, ranging from $2.78 to $93.50. One component of that median, the Bayesian DCF, runs 10,000 Monte Carlo simulations with jump-diffusion and returns $22.44 on its own. The Quality of Company score is 8.8/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is LMB overvalued or undervalued right now?

At $41.73, 4 of 11 active models suggest LMB may be undervalued, while 7 indicate potential overvaluation. The median of all 11 fair value estimates is $29.20, 30.0% below the current price of $41.73 — a consensus view that LMB is overvalued. The assessment depends on which methodology best fits Limbach Holdings, Inc.'s business model in Building Products & Equipment.

What does a Quality of Company score of 8.8 mean for LMB?

Limbach Holdings, Inc.'s QOC of 8.8/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on LMB?

CirclFi analyzes LMB with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 11 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on LMB?

Of the 11 models currently active on LMB, First Chicago is the most bullish at $93.50 per share, and Dynamic NAV is the most bearish at $2.78. CirclFi's published fair value for LMB is the median of that range, $29.20, not either extreme. The gap between the two ends equals 311% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is LMB a value trap in 2026?

Limbach Holdings, Inc.'s Value Trap score is 25/100 (LOW). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 11-model valuation engine, Limbach Holdings, Inc. (LMB) has a median fair value of $29.20 — 30.0% below the current price of $41.73 — as of 2026-08-27.” Source: circlfi.com/stock/LMB/ · Methodology
Primary sources for this LMB valuation
  • Financial statements: Limbach Holdings, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0001606163) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for LMB as of ; valuations recomputed .

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