CORPAY INC (CPAY) Stock Fundamental Analysis
USA - NYSE:CPAY - US2199481068 - Common Stock
301.93 USD
-3.34 (-1.09%)
301.93 USD
0 (0%)
CPAY gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 101 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 not overvalued while it is showing excellent growth. This is an interesting combination. These ratings would make CPAY suitable for growth investing!
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.
Each year in the past 5 years CPAY has been profitable.
In the past 5 years CPAY always reported a positive cash flow from operatings.
1.2 Ratios
CPAY's Return On Assets of 5.14% is fine compared to the rest of the industry. CPAY outperforms 76.24% of its industry peers.
CPAY has a Return On Equity of 26.72%. This is amongst the best in the industry. CPAY outperforms 90.10% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.80%, CPAY belongs to the top of the industry, outperforming 87.13% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CPAY is above the industry average of 7.65%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.14% | ||
| ROE | 26.72% | ||
| ROIC | 10.8% |
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 25.17%. This is in the better half of the industry: CPAY outperforms 79.21% of its industry peers.
In the last couple of years the Profit Margin of CPAY has declined.
CPAY's Operating Margin of 43.91% is amongst the best of the industry. CPAY outperforms 84.16% of its industry peers.
In the last couple of years the Operating Margin of CPAY has remained more or less at the same level.
The Gross Margin of CPAY (78.12%) is better than 84.16% of its industry peers.
CPAY's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 43.91% | ||
| PM (TTM) | 25.17% | ||
| GM | 78.12% |
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
CPAY has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for CPAY has been reduced compared to 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 2.02. 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.
With a decent Altman-Z score value of 2.02, CPAY is doing good in the industry, outperforming 76.24% of the companies in the same industry.
CPAY has a debt to FCF ratio of 4.21. This is a neutral value as CPAY would need 4.21 years to pay back of all of its debts.
CPAY has a Debt to FCF ratio of 4.21. This is in the better half of the industry: CPAY outperforms 72.28% of its industry peers.
A Debt/Equity ratio of 1.91 is on the high side and indicates that CPAY has dependencies on debt financing.
CPAY has a worse Debt to Equity ratio (1.91) than 66.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.91 | ||
| Debt/FCF | 4.21 | ||
| Altman-Z | 2.02 |
ROIC/WACC1.35
WACC8.01%
2.3 Liquidity
CPAY has a Current Ratio of 1.12. This is a normal value and indicates that CPAY is financially healthy and should not expect problems in meeting its short term obligations.
CPAY's Current ratio of 1.12 is in line compared to the rest of the industry. CPAY outperforms 56.44% of its industry peers.
A Quick Ratio of 1.12 indicates that CPAY should not have too much problems paying its short term obligations.
CPAY has a Quick ratio (1.12) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.12 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
CPAY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.77%, which is quite good.
CPAY shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.03% yearly.
The Revenue has grown by 9.22% in the past year. This is quite good.
CPAY shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.45% yearly.
EPS 1Y (TTM)13.77%
EPS 3Y12.9%
EPS 5Y10.03%
EPS Q2Q%12.75%
Revenue 1Y (TTM)9.22%
Revenue growth 3Y11.94%
Revenue growth 5Y8.45%
Sales Q2Q%12.95%
3.2 Future
The Earnings Per Share is expected to grow by 15.01% on average over the next years. This is quite good.
The Revenue is expected to grow by 10.09% on average over the next years. This is quite good.
EPS Next Y12.93%
EPS Next 2Y14.31%
EPS Next 3Y14.33%
EPS Next 5Y15.01%
Revenue Next Year11.3%
Revenue Next 2Y10.9%
Revenue Next 3Y10.62%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 15.10, which indicates a correct valuation of CPAY.
CPAY's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of CPAY to the average of the S&P500 Index (27.38), we can say CPAY is valued slightly cheaper.
A Price/Forward Earnings ratio of 12.16 indicates a correct valuation of CPAY.
The rest of the industry has a similar Price/Forward Earnings ratio as CPAY.
CPAY is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.86, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.1 | ||
| Fwd PE | 12.16 |
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 66.34% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, CPAY is valued a bit cheaper than 72.28% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.06 | ||
| EV/EBITDA | 11.76 |
4.3 Compensation for Growth
The 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 14.33% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.17
PEG (5Y)1.51
EPS Next 2Y14.31%
EPS Next 3Y14.33%
5. Dividend
5.1 Amount
No dividends for CPAY!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
301.93
-3.34 (-1.09%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners97.31%
Inst Owner Change-9.82%
Ins Owners3.52%
Ins Owner Change1.69%
Market Cap21.32B
Analysts81.9
Price Target393.28 (30.26%)
Short Float %2.32%
Short Ratio3.48
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)-1.91%
Min EPS beat(2)-2.03%
Max EPS beat(2)-1.79%
EPS beat(4)0
Avg EPS beat(4)-1.76%
Min EPS beat(4)-2.03%
Max EPS beat(4)-1.45%
EPS beat(8)0
Avg EPS beat(8)-1.85%
EPS beat(12)2
Avg EPS beat(12)-1.27%
EPS beat(16)5
Avg EPS beat(16)-0.4%
Revenue beat(2)0
Avg Revenue beat(2)-2.27%
Min Revenue beat(2)-2.93%
Max Revenue beat(2)-1.6%
Revenue beat(4)0
Avg Revenue beat(4)-2.43%
Min Revenue beat(4)-3.5%
Max Revenue beat(4)-1.6%
Revenue beat(8)0
Avg Revenue beat(8)-2.73%
Revenue beat(12)1
Avg Revenue beat(12)-2.06%
Revenue beat(16)5
Avg Revenue beat(16)-1.05%
PT rev (1m)-1.54%
PT rev (3m)-1.82%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.13%
EPS NY rev (1m)0.29%
EPS NY rev (3m)0.08%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.63%
Revenue NY rev (1m)0.24%
Revenue NY rev (3m)0.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.1 | ||
| Fwd PE | 12.16 | ||
| P/S | 5.11 | ||
| P/FCF | 11.06 | ||
| P/OCF | 10.08 | ||
| P/B | 5.43 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.76 |
EPS(TTM)20
EY6.62%
EPS(NY)24.84
Fwd EY8.23%
FCF(TTM)27.31
FCFY9.04%
OCF(TTM)29.96
OCFY9.92%
SpS59.08
BVpS55.64
TBVpS-67.66
PEG (NY)1.17
PEG (5Y)1.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.14% | ||
| ROE | 26.72% | ||
| ROCE | 16.97% | ||
| ROIC | 10.8% | ||
| ROICexc | 13.11% | ||
| ROICexgc | 87.43% | ||
| OM | 43.91% | ||
| PM (TTM) | 25.17% | ||
| GM | 78.12% | ||
| FCFM | 46.23% |
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%
ROICexcg growth 3YN/A
ROICexcg 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-Score7
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.91 | ||
| Debt/FCF | 4.21 | ||
| Debt/EBITDA | 3.42 | ||
| Cap/Depr | 51.24% | ||
| Cap/Sales | 4.49% | ||
| Interest Coverage | 3.69 | ||
| Cash Conversion | 96.28% | ||
| Profit Quality | 183.69% | ||
| Current Ratio | 1.12 | ||
| Quick Ratio | 1.12 | ||
| Altman-Z | 2.02 |
F-Score7
WACC8.01%
ROIC/WACC1.35
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)13.77%
EPS 3Y12.9%
EPS 5Y10.03%
EPS Q2Q%12.75%
EPS Next Y12.93%
EPS Next 2Y14.31%
EPS Next 3Y14.33%
EPS Next 5Y15.01%
Revenue 1Y (TTM)9.22%
Revenue growth 3Y11.94%
Revenue growth 5Y8.45%
Sales Q2Q%12.95%
Revenue Next Year11.3%
Revenue Next 2Y10.9%
Revenue Next 3Y10.62%
Revenue Next 5Y10.09%
EBIT growth 1Y7.76%
EBIT growth 3Y12.22%
EBIT growth 5Y7.35%
EBIT Next Year33.23%
EBIT Next 3Y17.77%
EBIT Next 5Y15.62%
FCF growth 1Y40.15%
FCF growth 3Y17.6%
FCF growth 5Y10.19%
OCF growth 1Y37.41%
OCF growth 3Y17.47%
OCF growth 5Y10.8%