Can Comfort Systems USA (FIX) Justify A Reasonable Price After 13x Gains?

Comfort Systems USA has delivered extremely strong long term gains, yet the recent pullback puts fresh focus on a basic question for investors. Is the current share price still aligned with what the business is earning today, given how far the stock has already run? Over the past 5 years the stock has returned about 13x, which puts a lot of weight on whether those gains are backed up by underlying earnings power. Management has highlighted a record US$17.81b backlog tied largely to data...