FIRSTCASH HOLDINGS INC (FCFS) Stock Fundamental Analysis
USA - NASDAQ:FCFS - US33768G1076 - Common Stock
146.96 USD
+0.62 (+0.42%)
146.96 USD
0 (0%)
Taking everything into account, FCFS scores 6 out of 10 in our fundamental rating. FCFS was compared to 54 industry peers in the Consumer Finance industry. FCFS has an excellent financial health rating, but there are some minor concerns on its profitability. FCFS has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
FCFS had positive earnings in the past year.
In the past year FCFS had a positive cash flow from operations.
In the past 5 years FCFS has always been profitable.
Each year in the past 5 years FCFS had a positive operating cash flow.
1.2 Ratios
FCFS has a Return On Assets of 6.46%. This is in the better half of the industry: FCFS outperforms 79.63% of its industry peers.
FCFS has a Return On Equity of 13.63%. This is comparable to the rest of the industry: FCFS outperforms 59.26% of its industry peers.
FCFS has a better Return On Invested Capital (8.91%) than 75.93% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FCFS is below the industry average of 11.02%.
The last Return On Invested Capital (8.91%) for FCFS is above the 3 year average (7.96%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.46% | ||
| ROE | 13.63% | ||
| ROIC | 8.91% |
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
Looking at the Profit Margin, with a value of 8.61%, FCFS is in line with its industry, outperforming 50.00% 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 14.65%, FCFS perfoms like the industry average, outperforming 59.26% 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 (49.45%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of FCFS has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.65% | ||
| PM (TTM) | 8.61% | ||
| GM | 49.45% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FCFS is destroying value.
The number of shares outstanding for FCFS has been reduced compared to 1 year ago.
FCFS has more shares outstanding than it did 5 years ago.
The debt/assets ratio for FCFS is higher compared to a year ago.
2.2 Solvency
FCFS has an Altman-Z score of 3.51. This indicates that FCFS is financially healthy and has little risk of bankruptcy at the moment.
FCFS's Altman-Z score of 3.51 is amongst the best of the industry. FCFS outperforms 88.89% of its industry peers.
FCFS has a debt to FCF ratio of 4.33. This is a neutral value as FCFS would need 4.33 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 4.33, FCFS is doing good in the industry, outperforming 74.07% of the companies in the same industry.
FCFS has a Debt/Equity ratio of 0.79. This is a neutral value indicating FCFS is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.79, FCFS is doing good in the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 4.33 | ||
| Altman-Z | 3.51 |
ROIC/WACC0.85
WACC10.52%
2.3 Liquidity
A Current Ratio of 4.21 indicates that FCFS has no problem at all paying its short term obligations.
With an excellent Current ratio value of 4.21, FCFS belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
FCFS has a Quick Ratio of 3.12. This indicates that FCFS is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 3.12, FCFS is in the better half of the industry, outperforming 79.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.21 | ||
| Quick Ratio | 3.12 |
3. Growth
3.1 Past
FCFS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.33%, which is quite good.
FCFS shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.52% yearly.
FCFS shows a small growth in Revenue. In the last year, the Revenue has grown by 2.49%.
The Revenue has been growing by 12.69% on average over the past years. This is quite good.
EPS 1Y (TTM)17.33%
EPS 3Y19.62%
EPS 5Y11.52%
EPS Q2Q%30.66%
Revenue 1Y (TTM)2.49%
Revenue growth 3Y25.87%
Revenue growth 5Y12.69%
Sales Q2Q%-0.05%
3.2 Future
The Earnings Per Share is expected to grow by 23.99% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 8.52% on average over the next years. This is quite good.
EPS Next Y23.74%
EPS Next 2Y21.56%
EPS Next 3Y23.99%
EPS Next 5YN/A
Revenue Next Year1.38%
Revenue Next 2Y4.77%
Revenue Next 3Y8.52%
Revenue Next 5YN/A
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 19.21 indicates a rather expensive valuation of FCFS.
68.52% of the companies in the same industry are cheaper than FCFS, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.27, FCFS is valued a bit cheaper.
The Price/Forward Earnings ratio is 14.82, which indicates a correct valuation of FCFS.
61.11% of the companies in the same industry are cheaper than FCFS, based on the Price/Forward Earnings ratio.
FCFS is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.77, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.21 | ||
| Fwd PE | 14.82 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FCFS is valued a bit cheaper than 62.96% of the companies in the same industry.
FCFS's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.75 | ||
| EV/EBITDA | 13.5 |
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 23.99% in the coming years.
PEG (NY)0.81
PEG (5Y)1.67
EPS Next 2Y21.56%
EPS Next 3Y23.99%
5. Dividend
5.1 Amount
FCFS has a Yearly Dividend Yield of 1.13%. Purely for dividend investing, there may be better candidates out there.
FCFS's Dividend Yield is comparable with the industry average which is at 4.46.
With a Dividend Yield of 1.13, FCFS pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.13% |
5.2 History
The dividend of FCFS is nicely growing with an annual growth rate of 7.40%!
FCFS has been paying a dividend for at least 10 years, so it has a reliable track record.
FCFS has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)7.4%
Div Incr Years8
Div Non Decr Years8
5.3 Sustainability
FCFS pays out 23.24% of its income as dividend. This is a sustainable payout ratio.
FCFS's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP23.24%
EPS Next 2Y21.56%
EPS Next 3Y23.99%
146.96
+0.62 (+0.42%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners89.31%
Inst Owner Change-0.33%
Ins Owners2.92%
Ins Owner Change-9.63%
Market Cap6.52B
Analysts81.67
Price Target165.58 (12.67%)
Short Float %1.27%
Short Ratio1.62
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.13% |
Yearly Dividend1.46
Dividend Growth(5Y)7.4%
DP23.24%
Div Incr Years8
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.88%
Min EPS beat(2)5.03%
Max EPS beat(2)16.73%
EPS beat(4)4
Avg EPS beat(4)6.49%
Min EPS beat(4)0.98%
Max EPS beat(4)16.73%
EPS beat(8)7
Avg EPS beat(8)6.29%
EPS beat(12)11
Avg EPS beat(12)6.85%
EPS beat(16)15
Avg EPS beat(16)8.22%
Revenue beat(2)0
Avg Revenue beat(2)-1.44%
Min Revenue beat(2)-1.87%
Max Revenue beat(2)-1.01%
Revenue beat(4)0
Avg Revenue beat(4)-2.27%
Min Revenue beat(4)-3.47%
Max Revenue beat(4)-1.01%
Revenue beat(8)1
Avg Revenue beat(8)-1.92%
Revenue beat(12)3
Avg Revenue beat(12)-1.32%
Revenue beat(16)5
Avg Revenue beat(16)-0.48%
PT rev (1m)6.45%
PT rev (3m)10.43%
EPS NQ rev (1m)6.02%
EPS NQ rev (3m)1.89%
EPS NY rev (1m)2.23%
EPS NY rev (3m)3.21%
Revenue NQ rev (1m)-0.58%
Revenue NQ rev (3m)-1.31%
Revenue NY rev (1m)-0.51%
Revenue NY rev (3m)1.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.21 | ||
| Fwd PE | 14.82 | ||
| P/S | 1.92 | ||
| P/FCF | 16.75 | ||
| P/OCF | 11.75 | ||
| P/B | 3.05 | ||
| P/tB | 59.62 | ||
| EV/EBITDA | 13.5 |
EPS(TTM)7.65
EY5.21%
EPS(NY)9.91
Fwd EY6.75%
FCF(TTM)8.77
FCFY5.97%
OCF(TTM)12.51
OCFY8.51%
SpS76.38
BVpS48.25
TBVpS2.46
PEG (NY)0.81
PEG (5Y)1.67
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.46% | ||
| ROE | 13.63% | ||
| ROCE | 11.85% | ||
| ROIC | 8.91% | ||
| ROICexc | 9.13% | ||
| ROICexgc | 18.16% | ||
| OM | 14.65% | ||
| PM (TTM) | 8.61% | ||
| GM | 49.45% | ||
| FCFM | 11.48% |
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 Turnover0.75
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 4.33 | ||
| Debt/EBITDA | 2.81 | ||
| Cap/Depr | 159.68% | ||
| Cap/Sales | 4.89% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 92.44% | ||
| Profit Quality | 133.35% | ||
| Current Ratio | 4.21 | ||
| Quick Ratio | 3.12 | ||
| Altman-Z | 3.51 |
F-Score8
WACC10.52%
ROIC/WACC0.85
Cap/Depr(3y)100.33%
Cap/Depr(5y)96.31%
Cap/Sales(3y)3.33%
Cap/Sales(5y)2.95%
Profit Quality(3y)150.1%
Profit Quality(5y)153.76%
High Growth Momentum
Growth
EPS 1Y (TTM)17.33%
EPS 3Y19.62%
EPS 5Y11.52%
EPS Q2Q%30.66%
EPS Next Y23.74%
EPS Next 2Y21.56%
EPS Next 3Y23.99%
EPS Next 5YN/A
Revenue 1Y (TTM)2.49%
Revenue growth 3Y25.87%
Revenue growth 5Y12.69%
Sales Q2Q%-0.05%
Revenue Next Year1.38%
Revenue Next 2Y4.77%
Revenue Next 3Y8.52%
Revenue Next 5YN/A
EBIT growth 1Y15.85%
EBIT growth 3Y28%
EBIT growth 5Y11.76%
EBIT Next Year56.66%
EBIT Next 3Y32.78%
EBIT Next 5YN/A
FCF growth 1Y-3.69%
FCF growth 3Y28.61%
FCF growth 5Y15.54%
OCF growth 1Y23.77%
OCF growth 3Y34.22%
OCF growth 5Y18.45%