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 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
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
The Return On Assets of FCFS (5.57%) is better than 82.69% of its industry peers.
FCFS has a Return On Equity (12.25%) which is comparable to the rest of the industry.
FCFS has a better Return On Invested Capital (8.19%) than 80.77% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FCFS is in line with the industry average of 7.32%.
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 | 5.57% | ||
| ROE | 12.25% | ||
| 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 7.29%. This is comparable to the rest of the industry: FCFS outperforms 48.08% of its industry peers.
FCFS's Profit Margin has declined in the last couple of years.
FCFS has a Operating Margin of 13.01%. This is in the better half of the industry: FCFS outperforms 61.54% of its industry peers.
FCFS's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 48.07%, FCFS is in line with its industry, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Gross Margin of FCFS has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.01% | ||
| PM (TTM) | 7.29% | ||
| GM | 48.07% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so FCFS is still creating some value.
FCFS has less shares outstanding than it did 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
An Altman-Z score of 2.96 indicates that FCFS is not a great score, but indicates only limited risk for bankruptcy at the moment.
FCFS has a Altman-Z score of 2.96. This is amongst the best in the industry. FCFS outperforms 84.62% of its industry peers.
The Debt to FCF ratio of FCFS is 4.66, which is a neutral value as it means it would take FCFS, 4.66 years of fcf income to pay off all of its debts.
FCFS's Debt to FCF ratio of 4.66 is fine compared to the rest of the industry. FCFS outperforms 69.23% of its industry peers.
FCFS has a Debt/Equity ratio of 0.87. This is a neutral value indicating FCFS is somewhat dependend on debt financing.
FCFS's Debt to Equity ratio of 0.87 is fine compared to the rest of the industry. FCFS outperforms 65.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 4.66 | ||
| Altman-Z | 2.96 |
ROIC/WACC1.01
WACC8.11%
2.3 Liquidity
FCFS has a Current Ratio of 4.31. This indicates that FCFS is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 4.31, FCFS belongs to the best of the industry, outperforming 82.69% of the companies in the same industry.
FCFS has a Quick Ratio of 3.23. 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 3.23, FCFS belongs to the top of the industry, outperforming 80.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.31 | ||
| Quick Ratio | 3.23 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 16.73% over the past year.
FCFS shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.45% yearly.
Looking at the last year, FCFS shows a quite strong growth in Revenue. The Revenue has grown by 10.10% in the last year.
Measured over the past years, FCFS shows a quite strong growth in Revenue. The Revenue has been growing by 12.09% on average per year.
EPS 1Y (TTM)16.73%
EPS 3Y26.34%
EPS 5Y11.45%
EPS Q2Q%7.05%
Revenue 1Y (TTM)10.1%
Revenue growth 3Y24.55%
Revenue growth 5Y12.09%
Sales Q2Q%6.49%
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 16.41% yearly.
The Revenue is expected to grow by 5.68% on average over the next years.
EPS Next Y10.88%
EPS Next 2Y15.21%
EPS Next 3Y16.41%
EPS Next 5YN/A
Revenue Next Year7.9%
Revenue Next 2Y6.36%
Revenue Next 3Y5.68%
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
A Price/Earnings ratio of 15.60 indicates a correct valuation of FCFS.
Compared to the rest of the industry, the Price/Earnings ratio of FCFS is on the same level as its industry peers.
When comparing the Price/Earnings ratio of FCFS to the average of the S&P500 Index (27.55), we can say FCFS is valued slightly cheaper.
The Price/Forward Earnings ratio is 12.84, 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 24.00, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.6 | ||
| Fwd PE | 12.84 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FCFS indicates a somewhat cheap valuation: FCFS is cheaper than 73.08% of the companies listed 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 | 12.46 | ||
| EV/EBITDA | 11.52 |
4.3 Compensation for Growth
FCFS's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
FCFS has a very decent profitability rating, which may justify a higher PE ratio.
FCFS's earnings are expected to grow with 16.41% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.43
PEG (5Y)1.36
EPS Next 2Y15.21%
EPS Next 3Y16.41%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.48%, FCFS has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.49, FCFS has a dividend in line with its industry peers.
FCFS's Dividend Yield is slightly below the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.48% |
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 Years8
Div Non Decr Years8
5.3 Sustainability
26.36% 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.
DP26.36%
EPS Next 2Y15.21%
EPS Next 3Y16.41%
FIRSTCASH HOLDINGS INC
NASDAQ:FCFS (12/26/2024, 8:11:16 PM)
After market: 103.45 0 (0%)103.45
+0.2 (+0.19%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners83.3%
Inst Owner Change2.07%
Ins Owners2.73%
Ins Owner Change-0.82%
Market Cap4.63B
Analysts81.67
Price Target137.9 (33.3%)
Short Float %2.11%
Short Ratio3.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.48% |
Dividend Growth(5Y)8.41%
DP26.36%
Div Incr Years8
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.43%
Min EPS beat(2)0.98%
Max EPS beat(2)1.89%
EPS beat(4)3
Avg EPS beat(4)3.54%
Min EPS beat(4)-0.29%
Max EPS beat(4)11.57%
EPS beat(8)7
Avg EPS beat(8)5.37%
EPS beat(12)11
Avg EPS beat(12)8.77%
EPS beat(16)15
Avg EPS beat(16)8.7%
Revenue beat(2)0
Avg Revenue beat(2)-1.98%
Min Revenue beat(2)-2.73%
Max Revenue beat(2)-1.23%
Revenue beat(4)0
Avg Revenue beat(4)-2.29%
Min Revenue beat(4)-3.09%
Max Revenue beat(4)-1.23%
Revenue beat(8)3
Avg Revenue beat(8)-0.94%
Revenue beat(12)5
Avg Revenue beat(12)0.27%
Revenue beat(16)7
Avg Revenue beat(16)0.48%
PT rev (1m)0.15%
PT rev (3m)0.15%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.72%
EPS NY rev (1m)-0.21%
EPS NY rev (3m)0.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.61%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)-0.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.6 | ||
| Fwd PE | 12.84 | ||
| P/S | 1.38 | ||
| P/FCF | 12.46 | ||
| P/OCF | 10.5 | ||
| P/B | 2.32 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.52 |
EPS(TTM)6.63
EY6.41%
EPS(NY)8.06
Fwd EY7.79%
FCF(TTM)8.3
FCFY8.02%
OCF(TTM)9.85
OCFY9.52%
SpS75.01
BVpS44.67
TBVpS-0.69
PEG (NY)1.43
PEG (5Y)1.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.57% | ||
| ROE | 12.25% | ||
| ROCE | 10.69% | ||
| ROIC | 8.19% | ||
| ROICexc | 8.41% | ||
| ROICexgc | 17.17% | ||
| OM | 13.01% | ||
| PM (TTM) | 7.29% | ||
| GM | 48.07% | ||
| FCFM | 11.07% |
ROA(3y)4.95%
ROA(5y)5.22%
ROE(3y)10.46%
ROE(5y)10.37%
ROIC(3y)6.92%
ROIC(5y)7.31%
ROICexc(3y)7.16%
ROICexc(5y)7.53%
ROICexgc(3y)15.8%
ROICexgc(5y)15.8%
ROCE(3y)9.03%
ROCE(5y)9.54%
ROICexcg growth 3Y4.39%
ROICexcg growth 5Y-4.33%
ROICexc growth 3Y3.06%
ROICexc growth 5Y-4.15%
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%
F-Score8
Asset Turnover0.76
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 4.66 | ||
| Debt/EBITDA | 3.19 | ||
| Cap/Depr | 65.44% | ||
| Cap/Sales | 2.07% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 81.23% | ||
| Profit Quality | 151.7% | ||
| Current Ratio | 4.31 | ||
| Quick Ratio | 3.23 | ||
| Altman-Z | 2.96 |
F-Score8
WACC8.11%
ROIC/WACC1.01
Cap/Depr(3y)60.3%
Cap/Depr(5y)75.14%
Cap/Sales(3y)1.89%
Cap/Sales(5y)2.07%
Profit Quality(3y)159.52%
Profit Quality(5y)153.14%
High Growth Momentum
Growth
EPS 1Y (TTM)16.73%
EPS 3Y26.34%
EPS 5Y11.45%
EPS Q2Q%7.05%
EPS Next Y10.88%
EPS Next 2Y15.21%
EPS Next 3Y16.41%
EPS Next 5YN/A
Revenue 1Y (TTM)10.1%
Revenue growth 3Y24.55%
Revenue growth 5Y12.09%
Sales Q2Q%6.49%
Revenue Next Year7.9%
Revenue Next 2Y6.36%
Revenue Next 3Y5.68%
Revenue Next 5YN/A
EBIT growth 1Y11.51%
EBIT growth 3Y25.89%
EBIT growth 5Y10.22%
EBIT Next Year41.58%
EBIT Next 3Y22.39%
EBIT Next 5YN/A
FCF growth 1Y0.07%
FCF growth 3Y24.43%
FCF growth 5Y11.38%
OCF growth 1Y7.23%
OCF growth 3Y23.24%
OCF growth 5Y11.32%