FIRSTCASH HOLDINGS INC (FCFS) Stock Fundamental Analysis
NASDAQ:FCFS - Nasdaq - US33768G1076 - Common Stock - Currency: USD
Taking everything into account, FCFS scores 6 out of 10 in our fundamental rating. FCFS was compared to 52 industry peers in the Consumer Finance industry. FCFS is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. FCFS has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
FCFS had positive earnings in the past year.
FCFS had a positive operating cash flow in the past year.
Each year in the past 5 years FCFS has been profitable.
In the past 5 years FCFS always reported a positive cash flow from operatings.
1.2 Ratios
FCFS has a better Return On Assets (6.35%) than 82.69% of its industry peers.
FCFS has a Return On Equity (13.65%) which is comparable to the rest of the industry.
FCFS has a Return On Invested Capital of 8.79%. This is in the better half of the industry: FCFS outperforms 76.92% of its industry peers.
FCFS had an Average Return On Invested Capital over the past 3 years of 7.96%. This is below the industry average of 10.31%.
The last Return On Invested Capital (8.79%) for FCFS is above the 3 year average (7.96%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.35% | ||
| ROE | 13.65% | ||
| ROIC | 8.79% |
ROA(3y)5.79%
ROA(5y)5.03%
ROE(3y)12.36%
ROE(5y)10.46%
ROIC(3y)7.96%
ROIC(5y)7.08%
1.3 Margins
With a Profit Margin value of 8.29%, FCFS perfoms like the industry average, outperforming 48.08% of the companies in the same industry.
In the last couple of years the Profit Margin of FCFS has declined.
With a Operating Margin value of 14.22%, FCFS perfoms like the industry average, outperforming 59.62% of the companies in the same industry.
FCFS's Operating Margin has been stable in the last couple of years.
FCFS has a Gross Margin of 48.93%. This is comparable to the rest of the industry: FCFS outperforms 48.08% of its industry peers.
In the last couple of years the Gross Margin of FCFS has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.22% | ||
| PM (TTM) | 8.29% | ||
| GM | 48.93% |
OM growth 3Y1.69%
OM growth 5Y-0.82%
PM growth 3Y1.28%
PM growth 5Y-2.86%
GM growth 3Y-3.85%
GM growth 5Y-2.51%
2. Health
2.1 Basic Checks
FCFS has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
FCFS has less shares outstanding than it did 1 year ago.
FCFS has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, FCFS has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.36 indicates that FCFS is not in any danger for bankruptcy at the moment.
FCFS has a better Altman-Z score (3.36) than 88.46% of its industry peers.
The Debt to FCF ratio of FCFS is 3.49, which is a good value as it means it would take FCFS, 3.49 years of fcf income to pay off all of its debts.
FCFS has a better Debt to FCF ratio (3.49) than 73.08% of its industry peers.
A Debt/Equity ratio of 0.83 indicates that FCFS is somewhat dependend on debt financing.
FCFS has a better Debt to Equity ratio (0.83) than 65.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | 3.49 | ||
| Altman-Z | 3.36 |
ROIC/WACC1.06
WACC8.32%
2.3 Liquidity
A Current Ratio of 4.39 indicates that FCFS has no problem at all paying its short term obligations.
FCFS has a Current ratio of 4.39. This is amongst the best in the industry. FCFS outperforms 86.54% of its industry peers.
A Quick Ratio of 3.28 indicates that FCFS has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 3.28, FCFS belongs to the top of the industry, outperforming 86.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.39 | ||
| Quick Ratio | 3.28 |
3. Growth
3.1 Past
FCFS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.50%, which is quite good.
Measured over the past years, FCFS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.52% on average per year.
The Revenue has been growing slightly by 5.06% in the past year.
Measured over the past years, FCFS shows a quite strong growth in Revenue. The Revenue has been growing by 12.69% on average per year.
EPS 1Y (TTM)13.5%
EPS 3Y19.62%
EPS 5Y11.52%
EPS Q2Q%33.55%
Revenue 1Y (TTM)5.06%
Revenue growth 3Y25.87%
Revenue growth 5Y12.69%
Sales Q2Q%0.01%
3.2 Future
Based on estimates for the next years, FCFS will show a very strong growth in Earnings Per Share. The EPS will grow by 25.26% on average per year.
Based on estimates for the next years, FCFS will show a quite strong growth in Revenue. The Revenue will grow by 8.17% on average per year.
EPS Next Y21.24%
EPS Next 2Y20.72%
EPS Next 3Y25.26%
EPS Next 5YN/A
Revenue Next Year1.27%
Revenue Next 2Y3.9%
Revenue Next 3Y8.17%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 18.28, FCFS is valued on the expensive side.
Based on the Price/Earnings ratio, FCFS is valued a bit more expensive than the industry average as 65.38% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of FCFS to the average of the S&P500 Index (27.30), we can say FCFS is valued slightly cheaper.
The Price/Forward Earnings ratio is 13.52, which indicates a correct valuation of FCFS.
The rest of the industry has a similar Price/Forward Earnings ratio as FCFS.
FCFS is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.28 | ||
| Fwd PE | 13.52 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FCFS is valued a bit cheaper than 67.31% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FCFS is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.98 | ||
| EV/EBITDA | 12.71 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as FCFS's earnings are expected to grow with 25.26% in the coming years.
PEG (NY)0.86
PEG (5Y)1.59
EPS Next 2Y20.72%
EPS Next 3Y25.26%
5. Dividend
5.1 Amount
FCFS has a Yearly Dividend Yield of 1.11%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.55, FCFS has a dividend in line with its industry peers.
With a Dividend Yield of 1.11, FCFS pays less dividend than the S&P500 average, which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
5.2 History
On average, the dividend of FCFS grows each year by 7.40%, which is quite nice.
FCFS has paid a dividend for at least 10 years, which is a reliable track record.
As FCFS did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)7.4%
Div Incr Years8
Div Non Decr Years8
5.3 Sustainability
23.79% of the earnings are spent on dividend by FCFS. This is a low number and sustainable payout ratio.
FCFS's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP23.79%
EPS Next 2Y20.72%
EPS Next 3Y25.26%
132.17
-0.57 (-0.43%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners87.69%
Inst Owner Change0%
Ins Owners2.92%
Ins Owner Change11.09%
Market Cap5.86B
Analysts80
Price Target149.94 (13.44%)
Short Float %1.42%
Short Ratio1.69
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
Yearly Dividend1.46
Dividend Growth(5Y)7.4%
DP23.79%
Div Incr Years8
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.97%
Min EPS beat(2)3.21%
Max EPS beat(2)16.73%
EPS beat(4)4
Avg EPS beat(4)5.7%
Min EPS beat(4)0.98%
Max EPS beat(4)16.73%
EPS beat(8)7
Avg EPS beat(8)6.96%
EPS beat(12)11
Avg EPS beat(12)7.07%
EPS beat(16)15
Avg EPS beat(16)8.8%
Revenue beat(2)0
Avg Revenue beat(2)-2.67%
Min Revenue beat(2)-3.47%
Max Revenue beat(2)-1.87%
Revenue beat(4)0
Avg Revenue beat(4)-2.33%
Min Revenue beat(4)-3.47%
Max Revenue beat(4)-1.23%
Revenue beat(8)2
Avg Revenue beat(8)-1.72%
Revenue beat(12)3
Avg Revenue beat(12)-1.36%
Revenue beat(16)6
Avg Revenue beat(16)-0.35%
PT rev (1m)-0.41%
PT rev (3m)6.99%
EPS NQ rev (1m)-0.82%
EPS NQ rev (3m)-0.2%
EPS NY rev (1m)1.12%
EPS NY rev (3m)4.32%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.54%
Revenue NY rev (1m)1.01%
Revenue NY rev (3m)1.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.28 | ||
| Fwd PE | 13.52 | ||
| P/S | 1.73 | ||
| P/FCF | 11.98 | ||
| P/OCF | 10.78 | ||
| P/B | 2.85 | ||
| P/tB | 221.37 | ||
| EV/EBITDA | 12.71 |
EPS(TTM)7.23
EY5.47%
EPS(NY)9.78
Fwd EY7.4%
FCF(TTM)11.03
FCFY8.35%
OCF(TTM)12.26
OCFY9.28%
SpS76.39
BVpS46.4
TBVpS0.6
PEG (NY)0.86
PEG (5Y)1.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.35% | ||
| ROE | 13.65% | ||
| ROCE | 11.68% | ||
| ROIC | 8.79% | ||
| ROICexc | 9.11% | ||
| ROICexgc | 18.62% | ||
| OM | 14.22% | ||
| PM (TTM) | 8.29% | ||
| GM | 48.93% | ||
| FCFM | 14.44% |
ROA(3y)5.79%
ROA(5y)5.03%
ROE(3y)12.36%
ROE(5y)10.46%
ROIC(3y)7.96%
ROIC(5y)7.08%
ROICexc(3y)8.26%
ROICexc(5y)7.33%
ROICexgc(3y)17.47%
ROICexgc(5y)15.63%
ROCE(3y)10.59%
ROCE(5y)9.41%
ROICexcg growth 3Y14.69%
ROICexcg growth 5Y0.69%
ROICexc growth 3Y20.73%
ROICexc growth 5Y-0.74%
OM growth 3Y1.69%
OM growth 5Y-0.82%
PM growth 3Y1.28%
PM growth 5Y-2.86%
GM growth 3Y-3.85%
GM growth 5Y-2.51%
F-Score8
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | 3.49 | ||
| Debt/EBITDA | 2.91 | ||
| Cap/Depr | 52.42% | ||
| Cap/Sales | 1.62% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 92.8% | ||
| Profit Quality | 174.12% | ||
| Current Ratio | 4.39 | ||
| Quick Ratio | 3.28 | ||
| Altman-Z | 3.36 |
F-Score8
WACC8.32%
ROIC/WACC1.06
Cap/Depr(3y)51.48%
Cap/Depr(5y)67%
Cap/Sales(3y)1.74%
Cap/Sales(5y)2%
Profit Quality(3y)171.89%
Profit Quality(5y)166.84%
High Growth Momentum
Growth
EPS 1Y (TTM)13.5%
EPS 3Y19.62%
EPS 5Y11.52%
EPS Q2Q%33.55%
EPS Next Y21.24%
EPS Next 2Y20.72%
EPS Next 3Y25.26%
EPS Next 5YN/A
Revenue 1Y (TTM)5.06%
Revenue growth 3Y25.87%
Revenue growth 5Y12.69%
Sales Q2Q%0.01%
Revenue Next Year1.27%
Revenue Next 2Y3.9%
Revenue Next 3Y8.17%
Revenue Next 5YN/A
EBIT growth 1Y16.05%
EBIT growth 3Y28%
EBIT growth 5Y11.76%
EBIT Next Year55.01%
EBIT Next 3Y25.95%
EBIT Next 5YN/A
FCF growth 1Y17.23%
FCF growth 3Y37.54%
FCF growth 5Y20.29%
OCF growth 1Y18.33%
OCF growth 3Y34.22%
OCF growth 5Y18.45%