CORPAY INC (CPAY) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CPAY - US2199481068 - Common Stock
293.34 USD
+1.36 (+0.47%)
293.34 USD
0 (0%)
Taking everything into account, CPAY scores 6 out of 10 in our fundamental rating. CPAY was compared to 98 industry peers in the Financial Services industry. CPAY has an excellent profitability rating, but there are some minor concerns on its financial health. CPAY is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
CPAY had positive earnings in the past year.
CPAY had a positive operating cash flow in the past year.
CPAY had positive earnings in each of the past 5 years.
Each year in the past 5 years CPAY had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.32%, CPAY is in the better half of the industry, outperforming 75.51% of the companies in the same industry.
The Return On Equity of CPAY (25.79%) is better than 91.84% of its industry peers.
CPAY's Return On Invested Capital of 10.98% is amongst the best of the industry. CPAY outperforms 84.69% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CPAY is above the industry average of 8.20%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.32% | ||
| ROE | 25.79% | ||
| ROIC | 10.98% |
ROA(3y)6.24%
ROA(5y)6.25%
ROE(3y)33.21%
ROE(5y)29.98%
ROIC(3y)12.51%
ROIC(5y)11.72%
1.3 Margins
CPAY has a Profit Margin of 24.37%. This is amongst the best in the industry. CPAY outperforms 81.63% of its industry peers.
CPAY's Profit Margin has declined in the last couple of years.
The Operating Margin of CPAY (43.73%) is better than 80.61% of its industry peers.
In the last couple of years the Operating Margin of CPAY has remained more or less at the same level.
CPAY's Gross Margin of 78.26% is amongst the best of the industry. CPAY outperforms 83.67% of its industry peers.
In the last couple of years the Gross Margin of CPAY has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 43.73% | ||
| PM (TTM) | 24.37% | ||
| GM | 78.26% |
OM growth 3Y0.25%
OM growth 5Y-1.02%
PM growth 3Y-5.18%
PM growth 5Y-5.66%
GM growth 3YN/A
GM growth 5Y-4.82%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CPAY is creating some value.
CPAY has less shares outstanding than it did 1 year ago.
The number of shares outstanding for CPAY has been reduced compared to 5 years ago.
The debt/assets ratio for CPAY is higher compared to a year ago.
2.2 Solvency
CPAY has an Altman-Z score of 2.10. This is not the best score and indicates that CPAY is in the grey zone with still only limited risk for bankruptcy at the moment.
CPAY has a Altman-Z score of 2.10. This is in the better half of the industry: CPAY outperforms 76.53% of its industry peers.
CPAY has a debt to FCF ratio of 7.10. This is a slightly negative value and a sign of low solvency as CPAY would need 7.10 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 7.10, CPAY is in line with its industry, outperforming 54.08% of the companies in the same industry.
CPAY has a Debt/Equity ratio of 1.86. This is a high value indicating a heavy dependency on external financing.
CPAY has a worse Debt to Equity ratio (1.86) than 65.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.86 | ||
| Debt/FCF | 7.1 | ||
| Altman-Z | 2.1 |
ROIC/WACC1.43
WACC7.66%
2.3 Liquidity
CPAY has a Current Ratio of 1.13. This is a normal value and indicates that CPAY is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of CPAY (1.13) is comparable to the rest of the industry.
CPAY has a Quick Ratio of 1.13. This is a normal value and indicates that CPAY is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.13, CPAY perfoms like the industry average, outperforming 59.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 1.13 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 14.43% over the past year.
Measured over the past years, CPAY shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.03% on average per year.
Looking at the last year, CPAY shows a quite strong growth in Revenue. The Revenue has grown by 11.27% in the last year.
The Revenue has been growing by 8.45% on average over the past years. This is quite good.
EPS 1Y (TTM)14.43%
EPS 3Y12.9%
EPS 5Y10.03%
EPS Q2Q%14%
Revenue 1Y (TTM)11.27%
Revenue growth 3Y11.94%
Revenue growth 5Y8.45%
Sales Q2Q%13.92%
3.2 Future
Based on estimates for the next years, CPAY will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.01% on average per year.
Based on estimates for the next years, CPAY will show a quite strong growth in Revenue. The Revenue will grow by 10.09% on average per year.
EPS Next Y13.02%
EPS Next 2Y14.23%
EPS Next 3Y14.46%
EPS Next 5Y15.01%
Revenue Next Year11.47%
Revenue Next 2Y11.22%
Revenue Next 3Y10.91%
Revenue Next 5Y10.09%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 14.17, CPAY is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of CPAY is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 26.15. CPAY is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 11.83, the valuation of CPAY can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CPAY is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 36.12. CPAY is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.17 | ||
| Fwd PE | 11.83 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CPAY indicates a somewhat cheap valuation: CPAY is cheaper than 64.29% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, CPAY is valued a bit cheaper than 63.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.95 | ||
| EV/EBITDA | 11.03 |
4.3 Compensation for Growth
CPAY's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
CPAY has a very decent profitability rating, which may justify a higher PE ratio.
CPAY's earnings are expected to grow with 14.46% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.09
PEG (5Y)1.41
EPS Next 2Y14.23%
EPS Next 3Y14.46%
5. Dividend
5.1 Amount
CPAY does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
293.34
+1.36 (+0.47%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners95.85%
Inst Owner Change5.89%
Ins Owners3.52%
Ins Owner Change-0.04%
Market Cap20.52B
Revenue(TTM)4.31B
Net Income(TTM)1.05B
Analysts80.91
Price Target360.24 (22.81%)
Short Float %1.73%
Short Ratio2.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.37%
Min EPS beat(2)-1.79%
Max EPS beat(2)-0.95%
EPS beat(4)0
Avg EPS beat(4)-1.64%
Min EPS beat(4)-2.03%
Max EPS beat(4)-0.95%
EPS beat(8)0
Avg EPS beat(8)-1.7%
EPS beat(12)2
Avg EPS beat(12)-1.3%
EPS beat(16)5
Avg EPS beat(16)-0.41%
Revenue beat(2)0
Avg Revenue beat(2)-1.33%
Min Revenue beat(2)-1.6%
Max Revenue beat(2)-1.06%
Revenue beat(4)0
Avg Revenue beat(4)-2.27%
Min Revenue beat(4)-3.5%
Max Revenue beat(4)-1.06%
Revenue beat(8)0
Avg Revenue beat(8)-2.52%
Revenue beat(12)1
Avg Revenue beat(12)-2.1%
Revenue beat(16)4
Avg Revenue beat(16)-1.12%
PT rev (1m)-8.4%
PT rev (3m)-9.81%
EPS NQ rev (1m)2.83%
EPS NQ rev (3m)2.74%
EPS NY rev (1m)0.07%
EPS NY rev (3m)0.37%
Revenue NQ rev (1m)5%
Revenue NQ rev (3m)5%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)0.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.17 | ||
| Fwd PE | 11.83 | ||
| P/S | 4.76 | ||
| P/FCF | 17.95 | ||
| P/OCF | 15.36 | ||
| P/B | 5.04 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.03 |
EPS(TTM)20.7
EY7.06%
EPS(NY)24.8
Fwd EY8.46%
FCF(TTM)16.34
FCFY5.57%
OCF(TTM)19.09
OCFY6.51%
SpS61.67
BVpS58.26
TBVpS-65.36
PEG (NY)1.09
PEG (5Y)1.41
Graham Number164.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.32% | ||
| ROE | 25.79% | ||
| ROCE | 17.42% | ||
| ROIC | 10.98% | ||
| ROICexc | 13.07% | ||
| ROICexgc | 71.49% | ||
| OM | 43.73% | ||
| PM (TTM) | 24.37% | ||
| GM | 78.26% | ||
| FCFM | 26.5% |
ROA(3y)6.24%
ROA(5y)6.25%
ROE(3y)33.21%
ROE(5y)29.98%
ROIC(3y)12.51%
ROIC(5y)11.72%
ROICexc(3y)14.83%
ROICexc(5y)13.92%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)18.71%
ROCE(5y)16.98%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y1.1%
ROICexc growth 5Y0.59%
OM growth 3Y0.25%
OM growth 5Y-1.02%
PM growth 3Y-5.18%
PM growth 5Y-5.66%
GM growth 3YN/A
GM growth 5Y-4.82%
F-Score6
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.86 | ||
| Debt/FCF | 7.1 | ||
| Debt/EBITDA | 3.36 | ||
| Cap/Depr | 52.13% | ||
| Cap/Sales | 4.46% | ||
| Interest Coverage | 3.9 | ||
| Cash Conversion | 59.22% | ||
| Profit Quality | 108.76% | ||
| Current Ratio | 1.13 | ||
| Quick Ratio | 1.13 | ||
| Altman-Z | 2.1 |
F-Score6
WACC7.66%
ROIC/WACC1.43
Cap/Depr(3y)47.52%
Cap/Depr(5y)42.51%
Cap/Sales(3y)4.31%
Cap/Sales(5y)4.03%
Profit Quality(3y)145.81%
Profit Quality(5y)152.95%
High Growth Momentum
Growth
EPS 1Y (TTM)14.43%
EPS 3Y12.9%
EPS 5Y10.03%
EPS Q2Q%14%
EPS Next Y13.02%
EPS Next 2Y14.23%
EPS Next 3Y14.46%
EPS Next 5Y15.01%
Revenue 1Y (TTM)11.27%
Revenue growth 3Y11.94%
Revenue growth 5Y8.45%
Sales Q2Q%13.92%
Revenue Next Year11.47%
Revenue Next 2Y11.22%
Revenue Next 3Y10.91%
Revenue Next 5Y10.09%
EBIT growth 1Y9.51%
EBIT growth 3Y12.22%
EBIT growth 5Y7.35%
EBIT Next Year33.06%
EBIT Next 3Y17.93%
EBIT Next 5Y15.62%
FCF growth 1Y7.96%
FCF growth 3Y17.6%
FCF growth 5Y10.19%
OCF growth 1Y9.49%
OCF growth 3Y17.47%
OCF growth 5Y10.8%
CORPAY INC / CPAY FAQ
What is the ChartMill fundamental rating of CORPAY INC (CPAY) stock?
ChartMill assigns a fundamental rating of 6 / 10 to CPAY.
Can you provide the valuation status for CORPAY INC?
ChartMill assigns a valuation rating of 6 / 10 to CORPAY INC (CPAY). This can be considered as Fairly Valued.
Can you provide the profitability details for CORPAY INC?
CORPAY INC (CPAY) has a profitability rating of 7 / 10.
What are the PE and PB ratios of CORPAY INC (CPAY) stock?
The Price/Earnings (PE) ratio for CORPAY INC (CPAY) is 14.17 and the Price/Book (PB) ratio is 5.04.