COMFORT SYSTEMS USA INC (FIX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FIX - US1999081045 - Common Stock
1010.41 USD
+38.92 (+4.01%)
1010 USD
-0.41 (-0.04%)
FIX gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 54 industry peers in the Construction & Engineering industry. FIX gets an excellent profitability rating and is at the same time showing great financial health properties. FIX is not overvalued while it is showing excellent growth. This is an interesting combination. This makes FIX very considerable for growth and quality investing!
1. Profitability
1.1 Basic Checks
FIX had positive earnings in the past year.
FIX had a positive operating cash flow in the past year.
In the past 5 years FIX has always been profitable.
In the past 5 years FIX always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of FIX (14.50%) is better than 90.74% of its industry peers.
FIX's Return On Equity of 37.50% is amongst the best of the industry. FIX outperforms 87.04% of its industry peers.
Looking at the Return On Invested Capital, with a value of 32.75%, FIX belongs to the top of the industry, outperforming 90.74% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for FIX is significantly above the industry average of 15.99%.
The last Return On Invested Capital (32.75%) for FIX is above the 3 year average (21.29%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.5% | ||
| ROE | 37.5% | ||
| ROIC | 32.75% |
ROA(3y)10.11%
ROA(5y)9.07%
ROE(3y)26.85%
ROE(5y)23.98%
ROIC(3y)21.29%
ROIC(5y)17.85%
1.3 Margins
FIX has a Profit Margin of 10.06%. This is amongst the best in the industry. FIX outperforms 85.19% of its industry peers.
In the last couple of years the Profit Margin of FIX has grown nicely.
With an excellent Operating Margin value of 13.36%, FIX belongs to the best of the industry, outperforming 87.04% of the companies in the same industry.
In the last couple of years the Operating Margin of FIX has grown nicely.
The Gross Margin of FIX (23.49%) is better than 70.37% of its industry peers.
FIX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.36% | ||
| PM (TTM) | 10.06% | ||
| GM | 23.49% |
OM growth 3Y20.43%
OM growth 5Y11.4%
PM growth 3Y16.81%
PM growth 5Y11.21%
GM growth 3Y4.66%
GM growth 5Y1.83%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), FIX is creating value.
FIX has less shares outstanding than it did 1 year ago.
FIX has less shares outstanding than it did 5 years ago.
The debt/assets ratio for FIX is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 8.80 indicates that FIX is not in any danger for bankruptcy at the moment.
FIX has a better Altman-Z score (8.80) than 90.74% of its industry peers.
The Debt to FCF ratio of FIX is 0.17, which is an excellent value as it means it would take FIX, only 0.17 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of FIX (0.17) is better than 90.74% of its industry peers.
A Debt/Equity ratio of 0.06 indicates that FIX is not too dependend on debt financing.
FIX has a Debt to Equity ratio of 0.06. This is amongst the best in the industry. FIX outperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.17 | ||
| Altman-Z | 8.8 |
ROIC/WACC3.12
WACC10.5%
2.3 Liquidity
A Current Ratio of 1.22 indicates that FIX should not have too much problems paying its short term obligations.
FIX's Current ratio of 1.22 is in line compared to the rest of the industry. FIX outperforms 48.15% of its industry peers.
A Quick Ratio of 1.20 indicates that FIX should not have too much problems paying its short term obligations.
The Quick ratio of FIX (1.20) is comparable to the rest of the industry.
FIX does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
FIX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 80.72%, which is quite impressive.
Measured over the past years, FIX shows a very strong growth in Earnings Per Share. The EPS has been growing by 36.79% on average per year.
Looking at the last year, FIX shows a very strong growth in Revenue. The Revenue has grown by 27.71%.
The Revenue has been growing by 21.86% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)80.72%
EPS 3Y54.78%
EPS 5Y36.79%
EPS Q2Q%101.71%
Revenue 1Y (TTM)27.71%
Revenue growth 3Y31.74%
Revenue growth 5Y21.86%
Sales Q2Q%35.24%
3.2 Future
Based on estimates for the next years, FIX will show a very strong growth in Earnings Per Share. The EPS will grow by 33.25% on average per year.
Based on estimates for the next years, FIX will show a quite strong growth in Revenue. The Revenue will grow by 16.22% on average per year.
EPS Next Y78.67%
EPS Next 2Y44.56%
EPS Next 3Y33.25%
EPS Next 5YN/A
Revenue Next Year26.06%
Revenue Next 2Y20.4%
Revenue Next 3Y16.22%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 42.78, FIX can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as FIX.
FIX's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.19.
Based on the Price/Forward Earnings ratio of 33.09, the valuation of FIX can be described as expensive.
FIX's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of FIX to the average of the S&P500 Index (23.92), we can say FIX is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.78 | ||
| Fwd PE | 33.09 |
4.2 Price Multiples
61.11% of the companies in the same industry are cheaper than FIX, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as FIX.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 44.61 | ||
| EV/EBITDA | 27.89 |
4.3 Compensation for Growth
FIX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of FIX may justify a higher PE ratio.
FIX's earnings are expected to grow with 33.25% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.54
PEG (5Y)1.16
EPS Next 2Y44.56%
EPS Next 3Y33.25%
5. Dividend
5.1 Amount
With a yearly dividend of 0.25%, FIX is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.40, FIX pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.25, FIX pays less dividend than the S&P500 average, which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.25% |
5.2 History
The dividend of FIX is nicely growing with an annual growth rate of 24.96%!
FIX has paid a dividend for at least 10 years, which is a reliable track record.
FIX has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)24.96%
Div Incr Years12
Div Non Decr Years19
5.3 Sustainability
7.18% of the earnings are spent on dividend by FIX. This is a low number and sustainable payout ratio.
The dividend of FIX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP7.18%
EPS Next 2Y44.56%
EPS Next 3Y33.25%
1010.41
+38.92 (+4.01%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners97.86%
Inst Owner Change0.38%
Ins Owners1.2%
Ins Owner Change-9.84%
Market Cap35.64B
Revenue(TTM)8.32B
Net Income(TTM)837.62M
Analysts83.08
Price Target994.37 (-1.59%)
Short Float %2.29%
Short Ratio1.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.25% |
Yearly Dividend1.2
Dividend Growth(5Y)24.96%
DP7.18%
Div Incr Years12
Div Non Decr Years19
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)33.17%
Min EPS beat(2)31.09%
Max EPS beat(2)35.26%
EPS beat(4)4
Avg EPS beat(4)25.7%
Min EPS beat(4)9.62%
Max EPS beat(4)35.26%
EPS beat(8)8
Avg EPS beat(8)21.23%
EPS beat(12)12
Avg EPS beat(12)22.23%
EPS beat(16)15
Avg EPS beat(16)19.52%
Revenue beat(2)2
Avg Revenue beat(2)10.85%
Min Revenue beat(2)9.21%
Max Revenue beat(2)12.48%
Revenue beat(4)4
Avg Revenue beat(4)7.23%
Min Revenue beat(4)2.65%
Max Revenue beat(4)12.48%
Revenue beat(8)7
Avg Revenue beat(8)4.58%
Revenue beat(12)11
Avg Revenue beat(12)4.7%
Revenue beat(16)15
Avg Revenue beat(16)5.24%
PT rev (1m)1.28%
PT rev (3m)37.23%
EPS NQ rev (1m)0%
EPS NQ rev (3m)19.68%
EPS NY rev (1m)0%
EPS NY rev (3m)11.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)8.67%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.78 | ||
| Fwd PE | 33.09 | ||
| P/S | 4.28 | ||
| P/FCF | 44.61 | ||
| P/OCF | 38.39 | ||
| P/B | 15.96 | ||
| P/tB | 40.81 | ||
| EV/EBITDA | 27.89 |
EPS(TTM)23.62
EY2.34%
EPS(NY)30.53
Fwd EY3.02%
FCF(TTM)22.65
FCFY2.24%
OCF(TTM)26.32
OCFY2.6%
SpS235.99
BVpS63.32
TBVpS24.76
PEG (NY)0.54
PEG (5Y)1.16
Graham Number183.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.5% | ||
| ROE | 37.5% | ||
| ROCE | 40.51% | ||
| ROIC | 32.75% | ||
| ROICexc | 47.7% | ||
| ROICexgc | 171.28% | ||
| OM | 13.36% | ||
| PM (TTM) | 10.06% | ||
| GM | 23.49% | ||
| FCFM | 9.6% |
ROA(3y)10.11%
ROA(5y)9.07%
ROE(3y)26.85%
ROE(5y)23.98%
ROIC(3y)21.29%
ROIC(5y)17.85%
ROICexc(3y)25.84%
ROICexc(5y)20.83%
ROICexgc(3y)114.86%
ROICexgc(5y)85.93%
ROCE(3y)26.34%
ROCE(5y)22.08%
ROICexgc growth 3Y83.67%
ROICexgc growth 5Y43.43%
ROICexc growth 3Y49.24%
ROICexc growth 5Y19.84%
OM growth 3Y20.43%
OM growth 5Y11.4%
PM growth 3Y16.81%
PM growth 5Y11.21%
GM growth 3Y4.66%
GM growth 5Y1.83%
F-Score7
Asset Turnover1.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.17 | ||
| Debt/EBITDA | 0.1 | ||
| Cap/Depr | 93% | ||
| Cap/Sales | 1.56% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 74.17% | ||
| Profit Quality | 95.36% | ||
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 8.8 |
F-Score7
WACC10.5%
ROIC/WACC3.12
Cap/Depr(3y)84.02%
Cap/Depr(5y)64.84%
Cap/Sales(3y)1.52%
Cap/Sales(5y)1.23%
Profit Quality(3y)137.55%
Profit Quality(5y)139.51%
High Growth Momentum
Growth
EPS 1Y (TTM)80.72%
EPS 3Y54.78%
EPS 5Y36.79%
EPS Q2Q%101.71%
EPS Next Y78.67%
EPS Next 2Y44.56%
EPS Next 3Y33.25%
EPS Next 5YN/A
Revenue 1Y (TTM)27.71%
Revenue growth 3Y31.74%
Revenue growth 5Y21.86%
Sales Q2Q%35.24%
Revenue Next Year26.06%
Revenue Next 2Y20.4%
Revenue Next 3Y16.22%
Revenue Next 5YN/A
EBIT growth 1Y73.84%
EBIT growth 3Y58.65%
EBIT growth 5Y35.75%
EBIT Next Year87.98%
EBIT Next 3Y35.44%
EBIT Next 5YN/A
FCF growth 1Y54.98%
FCF growth 3Y67.22%
FCF growth 5Y46.28%
OCF growth 1Y55.08%
OCF growth 3Y67.66%
OCF growth 5Y43%
COMFORT SYSTEMS USA INC / FIX FAQ
Can you provide the ChartMill fundamental rating for COMFORT SYSTEMS USA INC?
ChartMill assigns a fundamental rating of 8 / 10 to FIX.
What is the valuation status of COMFORT SYSTEMS USA INC (FIX) stock?
ChartMill assigns a valuation rating of 4 / 10 to COMFORT SYSTEMS USA INC (FIX). This can be considered as Fairly Valued.
What is the profitability of FIX stock?
COMFORT SYSTEMS USA INC (FIX) has a profitability rating of 9 / 10.
What is the valuation of COMFORT SYSTEMS USA INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for COMFORT SYSTEMS USA INC (FIX) is 42.78 and the Price/Book (PB) ratio is 15.96.
How financially healthy is COMFORT SYSTEMS USA INC?
The financial health rating of COMFORT SYSTEMS USA INC (FIX) is 9 / 10.