FTI CONSULTING INC (FCN) Stock Fundamental Analysis
NYSE:FCN - New York Stock Exchange, Inc. - US3029411093 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to FCN. FCN was compared to 82 industry peers in the Professional Services industry. FCN is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. FCN has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year FCN was profitable.
FCN had a positive operating cash flow in the past year.
Of the past 5 years FCN 4 years were profitable.
Of the past 5 years FCN 4 years had a positive operating cash flow.
1.2 Ratios
FCN has a Return On Assets of 8.87%. This is in the better half of the industry: FCN outperforms 77.22% of its industry peers.
FCN has a better Return On Equity (13.85%) than 62.03% of its industry peers.
With a decent Return On Invested Capital value of 11.85%, FCN is doing good in the industry, outperforming 72.15% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for FCN is below the industry average of 13.65%.
The last Return On Invested Capital (11.85%) for FCN is above the 3 year average (10.71%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.87% | ||
| ROE | 13.85% | ||
| ROIC | 11.85% |
ROA(3y)7.7%
ROA(5y)7.7%
ROE(3y)14.24%
ROE(5y)14.46%
ROIC(3y)10.71%
ROIC(5y)10.76%
1.3 Margins
Looking at the Profit Margin, with a value of 8.37%, FCN is in the better half of the industry, outperforming 79.75% of the companies in the same industry.
FCN's Profit Margin has been stable in the last couple of years.
The Operating Margin of FCN (10.99%) is better than 77.22% of its industry peers.
In the last couple of years the Operating Margin of FCN has remained more or less at the same level.
FCN has a Gross Margin (32.80%) which is comparable to the rest of the industry.
FCN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.99% | ||
| PM (TTM) | 8.37% | ||
| GM | 32.8% |
OM growth 3Y-2.78%
OM growth 5Y-0.59%
PM growth 3Y-2.73%
PM growth 5Y1.19%
GM growth 3Y0.51%
GM growth 5Y-1.17%
2. Health
2.1 Basic Checks
FCN has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
There is no outstanding debt for FCN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 5.46 indicates that FCN is not in any danger for bankruptcy at the moment.
FCN has a better Altman-Z score (5.46) than 87.34% of its industry peers.
There is no outstanding debt for FCN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 5.46 |
ROIC/WACC1.3
WACC9.1%
2.3 Liquidity
FCN has a Current Ratio of 2.08. This indicates that FCN is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 2.08, FCN is doing good in the industry, outperforming 78.48% of the companies in the same industry.
A Quick Ratio of 2.08 indicates that FCN has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.08, FCN is in the better half of the industry, outperforming 78.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.08 | ||
| Quick Ratio | 2.08 |
3. Growth
3.1 Past
FCN shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.50%.
FCN shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.59% yearly.
EPS 1Y (TTM)3.5%
EPS 3Y5.58%
EPS 5Y6.59%
EPS Q2Q%-31.58%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-3.22%
3.2 Future
Based on estimates for the next years, FCN will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.56% on average per year.
The Revenue is expected to grow by 5.55% on average over the next years.
EPS Next Y9.9%
EPS Next 2Y12.56%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.98%
Revenue Next 2Y5.55%
Revenue Next 3YN/A
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 20.64 indicates a rather expensive valuation of FCN.
FCN's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of FCN to the average of the S&P500 Index (29.63), we can say FCN is valued slightly cheaper.
With a Price/Forward Earnings ratio of 18.78, FCN is valued on the expensive side.
FCN's Price/Forward Earnings ratio is in line with the industry average.
FCN is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.64 | ||
| Fwd PE | 18.78 |
4.2 Price Multiples
63.29% of the companies in the same industry are more expensive than FCN, based on the Enterprise Value to EBITDA ratio.
81.01% of the companies in the same industry are more expensive than FCN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.61 | ||
| EV/EBITDA | 11.96 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates FCN does not grow enough to justify the current Price/Earnings ratio.
FCN has a very decent profitability rating, which may justify a higher PE ratio.
FCN's earnings are expected to grow with 12.56% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.08
PEG (5Y)3.13
EPS Next 2Y12.56%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for FCN!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
164.69
+1.7 (+1.04%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners98.8%
Inst Owner Change1.41%
Ins Owners1.47%
Ins Owner Change0.51%
Market Cap5.92B
Analysts80
Price Target239.19 (45.24%)
Short Float %1.08%
Short Ratio1.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.78%
Min EPS beat(2)-10.94%
Max EPS beat(2)14.51%
EPS beat(4)3
Avg EPS beat(4)14.26%
Min EPS beat(4)-10.94%
Max EPS beat(4)35.18%
EPS beat(8)6
Avg EPS beat(8)10.1%
EPS beat(12)9
Avg EPS beat(12)8.55%
EPS beat(16)13
Avg EPS beat(16)14.21%
Revenue beat(2)1
Avg Revenue beat(2)-1.49%
Min Revenue beat(2)-3.1%
Max Revenue beat(2)0.12%
Revenue beat(4)3
Avg Revenue beat(4)1.97%
Min Revenue beat(4)-3.1%
Max Revenue beat(4)8.94%
Revenue beat(8)7
Avg Revenue beat(8)2.49%
Revenue beat(12)9
Avg Revenue beat(12)1.82%
Revenue beat(16)13
Avg Revenue beat(16)2.79%
PT rev (1m)-3.7%
PT rev (3m)-8.75%
EPS NQ rev (1m)-0.38%
EPS NQ rev (3m)-0.38%
EPS NY rev (1m)-0.12%
EPS NY rev (3m)-0.12%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.64 | ||
| Fwd PE | 18.78 | ||
| P/S | 1.59 | ||
| P/FCF | 13.61 | ||
| P/OCF | 12.79 | ||
| P/B | 2.63 | ||
| P/tB | 5.95 | ||
| EV/EBITDA | 11.96 |
EPS(TTM)7.98
EY4.85%
EPS(NY)8.77
Fwd EY5.33%
FCF(TTM)12.1
FCFY7.35%
OCF(TTM)12.88
OCFY7.82%
SpS103.74
BVpS62.67
TBVpS27.67
PEG (NY)2.08
PEG (5Y)3.13
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.87% | ||
| ROE | 13.85% | ||
| ROCE | 15.21% | ||
| ROIC | 11.85% | ||
| ROICexc | 13.83% | ||
| ROICexgc | 30.4% | ||
| OM | 10.99% | ||
| PM (TTM) | 8.37% | ||
| GM | 32.8% | ||
| FCFM | 11.66% |
ROA(3y)7.7%
ROA(5y)7.7%
ROE(3y)14.24%
ROE(5y)14.46%
ROIC(3y)10.71%
ROIC(5y)10.76%
ROICexc(3y)13.04%
ROICexc(5y)12.96%
ROICexgc(3y)35.66%
ROICexgc(5y)38.33%
ROCE(3y)13.75%
ROCE(5y)13.82%
ROICexcg growth 3Y-6.42%
ROICexcg growth 5Y-5.83%
ROICexc growth 3Y3.91%
ROICexc growth 5Y4.69%
OM growth 3Y-2.78%
OM growth 5Y-0.59%
PM growth 3Y-2.73%
PM growth 5Y1.19%
GM growth 3Y0.51%
GM growth 5Y-1.17%
F-Score7
Asset Turnover1.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 58.67% | ||
| Cap/Sales | 0.75% | ||
| Interest Coverage | 42.34 | ||
| Cash Conversion | 101.19% | ||
| Profit Quality | 139.35% | ||
| Current Ratio | 2.08 | ||
| Quick Ratio | 2.08 | ||
| Altman-Z | 5.46 |
F-Score7
WACC9.1%
ROIC/WACC1.3
Cap/Depr(3y)124.7%
Cap/Depr(5y)112.94%
Cap/Sales(3y)1.88%
Cap/Sales(5y)1.77%
Profit Quality(3y)81.08%
Profit Quality(5y)92.61%
High Growth Momentum
Growth
EPS 1Y (TTM)3.5%
EPS 3Y5.58%
EPS 5Y6.59%
EPS Q2Q%-31.58%
EPS Next Y9.9%
EPS Next 2Y12.56%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-3.22%
Revenue Next Year4.98%
Revenue Next 2Y5.55%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y19.24%
EBIT growth 3Y9.22%
EBIT growth 5Y10.81%
EBIT Next Year21.91%
EBIT Next 3Y13.9%
EBIT Next 5YN/A
FCF growth 1Y318.2%
FCF growth 3Y-15.71%
FCF growth 5Y-2.48%
OCF growth 1Y190.82%
OCF growth 3Y-11.8%
OCF growth 5Y-0.55%