FIRSTCASH HOLDINGS INC (FCFS)
US33768G1076 - Common Stock
FCFS gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 52 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 correct valuation and a medium growth rate.
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.
FCFS had positive earnings in each of the past 5 years.
Each year in the past 5 years FCFS had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 5.49%, FCFS belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
FCFS has a Return On Equity (11.99%) which is comparable to the rest of the industry.
FCFS has a better Return On Invested Capital (8.19%) than 82.69% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FCFS is in line with the industry average of 7.13%.
The 3 year average ROIC (6.92%) for FCFS is below the current ROIC(8.19%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.49% | ||
| ROE | 11.99% | ||
| ROIC | 8.19% |
ROA(3y)4.95%
ROA(5y)5.22%
ROE(3y)10.46%
ROE(5y)10.37%
ROIC(3y)6.92%
ROIC(5y)7.31%
1.3 Margins
FCFS has a Profit Margin of 7.17%. This is comparable to the rest of the industry: FCFS outperforms 46.15% of its industry peers.
In the last couple of years the Profit Margin of FCFS has declined.
FCFS's Operating Margin of 12.96% is in line compared to the rest of the industry. FCFS outperforms 55.77% of its industry peers.
In the last couple of years the Operating Margin of FCFS has declined.
FCFS has a Gross Margin (48.32%) which is in line with its industry peers.
In the last couple of years the Gross Margin of FCFS has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.96% | ||
| PM (TTM) | 7.17% | ||
| GM | 48.32% |
OM growth 3Y1.07%
OM growth 5Y-1.67%
PM growth 3Y2.11%
PM growth 5Y-4.15%
GM growth 3Y-5.04%
GM growth 5Y-2.5%
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.
Compared to 1 year ago, FCFS has less shares outstanding
FCFS has more shares outstanding than it did 5 years ago.
FCFS has a worse debt/assets ratio than last year.
2.2 Solvency
FCFS has an Altman-Z score of 3.16. This indicates that FCFS is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of FCFS (3.16) is better than 88.46% of its industry peers.
FCFS has a debt to FCF ratio of 4.61. This is a neutral value as FCFS would need 4.61 years to pay back of all of its debts.
The Debt to FCF ratio of FCFS (4.61) is better than 65.38% of its industry peers.
A Debt/Equity ratio of 0.85 indicates that FCFS is somewhat dependend on debt financing.
FCFS's Debt to Equity ratio of 0.85 is fine compared to the rest of the industry. FCFS outperforms 63.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 4.61 | ||
| Altman-Z | 3.16 |
ROIC/WACC1.08
WACC7.56%
2.3 Liquidity
FCFS has a Current Ratio of 4.03. This indicates that FCFS is financially healthy and has no problem in meeting its short term obligations.
FCFS has a better Current ratio (4.03) than 80.77% of its industry peers.
A Quick Ratio of 3.04 indicates that FCFS has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 3.04, FCFS is in the better half of the industry, outperforming 78.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.03 | ||
| Quick Ratio | 3.04 |
3. Growth
3.1 Past
FCFS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.30%, which is quite impressive.
The Earnings Per Share has been growing by 11.45% on average over the past years. This is quite good.
FCFS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.65%.
The Revenue has been growing by 12.09% on average over the past years. This is quite good.
EPS 1Y (TTM)20.3%
EPS 3Y26.34%
EPS 5Y11.45%
EPS Q2Q%12.3%
Revenue 1Y (TTM)12.65%
Revenue growth 3Y24.55%
Revenue growth 5Y12.09%
Sales Q2Q%10.71%
3.2 Future
FCFS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.97% yearly.
FCFS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.42% yearly.
EPS Next Y10.6%
EPS Next 2Y15.45%
EPS Next 3Y17.97%
EPS Next 5YN/A
Revenue Next Year8.4%
Revenue Next 2Y7.07%
Revenue Next 3Y6.42%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
FCFS is valuated rather expensively with a Price/Earnings ratio of 18.21.
FCFS's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 29.62, FCFS is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 14.68, the valuation of FCFS can be described as correct.
Based on the Price/Forward Earnings ratio, FCFS is valued a bit more expensive than the industry average as 63.46% of the companies are valued more cheaply.
FCFS is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.22, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.21 | ||
| Fwd PE | 14.68 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FCFS is valued a bit cheaper than the industry average as 73.08% of the companies are valued more expensively.
FCFS's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.81 | ||
| EV/EBITDA | 13.03 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of FCFS may justify a higher PE ratio.
FCFS's earnings are expected to grow with 17.97% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.72
PEG (5Y)1.59
EPS Next 2Y15.45%
EPS Next 3Y17.97%
5. Dividend
5.1 Amount
FCFS has a Yearly Dividend Yield of 1.29%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.35, FCFS has a dividend in line with its industry peers.
With a Dividend Yield of 1.29, FCFS pays less dividend than the S&P500 average, which is at 2.24.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.29% |
5.2 History
The dividend of FCFS is nicely growing with an annual growth rate of 8.41%!
FCFS has been paying a dividend for over 5 years, so it has already some track record.
As FCFS did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)8.41%
Div Incr Years7
Div Non Decr Years7
5.3 Sustainability
FCFS pays out 26.57% of its income as dividend. This is a sustainable payout ratio.
The dividend of FCFS is growing, but earnings are growing more, so the dividend growth is sustainable.
DP26.57%
EPS Next 2Y15.45%
EPS Next 3Y17.97%
FIRSTCASH HOLDINGS INC
NASDAQ:FCFS (9/6/2024, 8:12:03 PM)
After market: 118.74 0 (0%)118.74
-0.36 (-0.3%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap5.40B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.29% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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Min EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.21 | ||
| Fwd PE | 14.68 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.72
PEG (5Y)1.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.49% | ||
| ROE | 11.99% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 12.96% | ||
| PM (TTM) | 7.17% | ||
| GM | 48.32% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.76
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 4.03 | ||
| Quick Ratio | 3.04 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)20.3%
EPS 3Y26.34%
EPS 5Y
EPS Q2Q%
EPS Next Y10.6%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)12.65%
Revenue growth 3Y24.55%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y