FIRSTCASH HOLDINGS INC (FCFS) Stock Fundamental Analysis
USA - NASDAQ:FCFS - US33768G1076 - Common Stock
157.44 USD
-1.08 (-0.68%)
157.44 USD
0 (0%)
FCFS gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 55 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year FCFS was profitable.
In the past year FCFS had a positive cash flow from operations.
In the past 5 years FCFS has always been profitable.
In the past 5 years FCFS always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.46%, FCFS is in the better half of the industry, outperforming 78.18% of the companies in the same industry.
FCFS has a Return On Equity (13.63%) which is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 8.91%, FCFS is in the better half of the industry, outperforming 76.36% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for FCFS is below the industry average of 10.98%.
The 3 year average ROIC (7.96%) for FCFS is below the current ROIC(8.91%), indicating increased profibility in the last year.
| 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
FCFS's Profit Margin of 8.61% is in line compared to the rest of the industry. FCFS outperforms 50.91% of its industry peers.
FCFS's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 14.65%, FCFS is in the better half of the industry, outperforming 61.82% of the companies in the same industry.
In the last couple of years the Operating Margin of FCFS has remained more or less at the same level.
FCFS has a Gross Margin (49.45%) which is comparable to the rest of the industry.
FCFS's Gross Margin has declined in the last couple of years.
| 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.
Compared to 5 years ago, FCFS has more shares outstanding
The debt/assets ratio for FCFS is higher compared to a year ago.
2.2 Solvency
FCFS has an Altman-Z score of 3.64. This indicates that FCFS is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.64, FCFS belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
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.
The Debt to FCF ratio of FCFS (4.33) is better than 76.36% of its industry peers.
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 67.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 4.33 | ||
| Altman-Z | 3.64 |
ROIC/WACC0.86
WACC10.31%
2.3 Liquidity
A Current Ratio of 4.21 indicates that FCFS has no problem at all paying its short term obligations.
FCFS has a Current ratio of 4.21. This is amongst the best in the industry. FCFS outperforms 85.45% of its industry peers.
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 80.00% 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.
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 2.49% in the past year.
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
Based on estimates for the next years, FCFS will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.42% on average per year.
Based on estimates for the next years, FCFS will show a decrease in Revenue. The Revenue will decrease by -2.29% on average per year.
EPS Next Y26.83%
EPS Next 2Y23.54%
EPS Next 3Y23.99%
EPS Next 5Y14.42%
Revenue Next Year1.41%
Revenue Next 2Y4.74%
Revenue Next 3Y-2.29%
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
Based on the Price/Earnings ratio of 20.58, the valuation of FCFS can be described as rather expensive.
67.27% of the companies in the same industry are cheaper than FCFS, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of FCFS to the average of the S&P500 Index (27.29), we can say FCFS is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 15.37, 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 63.64% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 22.85. FCFS is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.58 | ||
| Fwd PE | 15.37 |
4.2 Price Multiples
FCFS's Enterprise Value to EBITDA ratio is in line with the industry average.
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 | 17.95 | ||
| EV/EBITDA | 14.36 |
4.3 Compensation for Growth
FCFS's 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)0.77
PEG (5Y)1.79
EPS Next 2Y23.54%
EPS Next 3Y23.99%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.09%, FCFS has a reasonable but not impressive dividend return.
FCFS's Dividend Yield is comparable with the industry average which is at 4.51.
Compared to an average S&P500 Dividend Yield of 2.38, FCFS's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.09% |
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.
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
23.24% of the earnings are spent on dividend by FCFS. This is a low number and sustainable payout ratio.
The dividend of FCFS is growing, but earnings are growing more, so the dividend growth is sustainable.
DP23.24%
EPS Next 2Y23.54%
EPS Next 3Y23.99%
157.44
-1.08 (-0.68%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners87.91%
Inst Owner Change0.02%
Ins Owners2.63%
Ins Owner Change-9.63%
Market Cap6.98B
Analysts81.43
Price Target165.58 (5.17%)
Short Float %1.05%
Short Ratio1.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.09% |
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)0%
PT rev (3m)10.43%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.84%
EPS NY rev (1m)2.5%
EPS NY rev (3m)4.78%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.54%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)0.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.58 | ||
| Fwd PE | 15.37 | ||
| P/S | 2.06 | ||
| P/FCF | 17.95 | ||
| P/OCF | 12.59 | ||
| P/B | 3.26 | ||
| P/tB | 63.87 | ||
| EV/EBITDA | 14.36 |
EPS(TTM)7.65
EY4.86%
EPS(NY)10.24
Fwd EY6.5%
FCF(TTM)8.77
FCFY5.57%
OCF(TTM)12.51
OCFY7.94%
SpS76.38
BVpS48.25
TBVpS2.46
PEG (NY)0.77
PEG (5Y)1.79
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 | 3.64 |
F-Score8
WACC10.31%
ROIC/WACC0.86
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 Y26.83%
EPS Next 2Y23.54%
EPS Next 3Y23.99%
EPS Next 5Y14.42%
Revenue 1Y (TTM)2.49%
Revenue growth 3Y25.87%
Revenue growth 5Y12.69%
Sales Q2Q%-0.05%
Revenue Next Year1.41%
Revenue Next 2Y4.74%
Revenue Next 3Y-2.29%
Revenue Next 5YN/A
EBIT growth 1Y15.85%
EBIT growth 3Y28%
EBIT growth 5Y11.76%
EBIT Next Year56.88%
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%