COMFORT SYSTEMS USA INC (FIX)
US1999081045 - Common Stock
Taking everything into account, FIX scores 8 out of 10 in our fundamental rating. FIX was compared to 45 industry peers in the Construction & Engineering industry. FIX scores excellent points on both the profitability and health parts. This is a solid base for a good stock. FIX is not priced too expensively while it is growing strongly. Keep and eye on this one! Finally FIX also has an excellent dividend rating. This makes FIX very considerable for dividend and growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year FIX was profitable.
In the past year FIX had a positive cash flow from operations.
Each year in the past 5 years FIX has been profitable.
In the past 5 years FIX always reported a positive cash flow from operatings.
1.2 Ratios
FIX has a Return On Assets of 10.61%. This is amongst the best in the industry. FIX outperforms 90.91% of its industry peers.
FIX has a better Return On Equity (29.49%) than 90.91% of its industry peers.
FIX has a better Return On Invested Capital (26.87%) than 95.45% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FIX is above the industry average of 11.39%.
The 3 year average ROIC (15.98%) for FIX is below the current ROIC(26.87%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.61% | ||
| ROE | 29.49% | ||
| ROIC | 26.87% |
ROA(3y)8.58%
ROA(5y)8.38%
ROE(3y)22.57%
ROE(5y)21.76%
ROIC(3y)15.98%
ROIC(5y)15.56%
1.3 Margins
The Profit Margin of FIX (7.18%) is better than 84.09% of its industry peers.
In the last couple of years the Profit Margin of FIX has grown nicely.
FIX's Operating Margin of 9.82% is amongst the best of the industry. FIX outperforms 84.09% of its industry peers.
FIX's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 20.29%, FIX is doing good in the industry, outperforming 65.91% of the companies in the same industry.
FIX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.82% | ||
| PM (TTM) | 7.18% | ||
| GM | 20.29% |
OM growth 3Y6.44%
OM growth 5Y3.16%
PM growth 3Y5.73%
PM growth 5Y3.73%
GM growth 3Y-0.22%
GM growth 5Y-1.43%
2. Health
2.1 Basic Checks
FIX has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
FIX has less shares outstanding than it did 1 year ago.
The number of shares outstanding for FIX has been reduced compared to 5 years ago.
The debt/assets ratio for FIX has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.77 indicates that FIX is not in any danger for bankruptcy at the moment.
The Altman-Z score of FIX (5.77) is better than 86.36% of its industry peers.
FIX has a debt to FCF ratio of 0.10. This is a very positive value and a sign of high solvency as it would only need 0.10 years to pay back of all of its debts.
FIX has a better Debt to FCF ratio (0.10) than 90.91% of its industry peers.
FIX has a Debt/Equity ratio of 0.04. This is a healthy value indicating a solid balance between debt and equity.
FIX has a Debt to Equity ratio of 0.04. This is amongst the best in the industry. FIX outperforms 86.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.1 | ||
| Altman-Z | 5.77 |
ROIC/WACC2.58
WACC10.41%
2.3 Liquidity
FIX has a Current Ratio of 1.04. This is a normal value and indicates that FIX is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.04, FIX is not doing good in the industry: 79.55% of the companies in the same industry are doing better.
FIX has a Quick Ratio of 1.02. This is a normal value and indicates that FIX is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.02, FIX is not doing good in the industry: 77.27% of the companies in the same industry are doing better.
The current and quick ratio evaluation for FIX is rather negative, while it does have 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 | 1.04 | ||
| Quick Ratio | 1.02 |
3. Growth
3.1 Past
FIX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 69.30%, 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 24.57% on average per year.
Looking at the last year, FIX shows a very strong growth in Revenue. The Revenue has grown by 31.23%.
FIX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 18.99% yearly.
EPS 1Y (TTM)69.3%
EPS 3Y30.59%
EPS 5Y24.57%
EPS Q2Q%49.27%
Revenue 1Y (TTM)31.23%
Revenue growth 3Y22.15%
Revenue growth 5Y18.99%
Sales Q2Q%31.51%
3.2 Future
The Earnings Per Share is expected to grow by 29.48% on average over the next years. This is a very strong growth
Based on estimates for the next years, FIX will show a quite strong growth in Revenue. The Revenue will grow by 16.32% on average per year.
EPS Next Y64.44%
EPS Next 2Y40.32%
EPS Next 3Y29.48%
EPS Next 5YN/A
Revenue Next Year33.78%
Revenue Next 2Y21.53%
Revenue Next 3Y16.32%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 33.55, FIX can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of FIX is on the same level as its industry peers.
FIX's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.73.
Based on the Price/Forward Earnings ratio of 25.51, the valuation of FIX can be described as expensive.
FIX's Price/Forward Earnings ratio is in line with the industry average.
FIX's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.55 | ||
| Fwd PE | 25.51 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FIX is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, FIX is valued a bit cheaper than the industry average as 61.36% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.8 | ||
| EV/EBITDA | 19.76 |
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.
FIX has an outstanding profitability rating, which may justify a higher PE ratio.
FIX's earnings are expected to grow with 29.48% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.52
PEG (5Y)1.37
EPS Next 2Y40.32%
EPS Next 3Y29.48%
5. Dividend
5.1 Amount
FIX has a yearly dividend return of 0.32%, which is pretty low.
Compared to an average industry Dividend Yield of 0.65, FIX pays a better dividend. On top of this FIX pays more dividend than 84.09% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, FIX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.32% |
5.2 History
The dividend of FIX is nicely growing with an annual growth rate of 20.70%!
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)20.7%
Div Incr Years12
Div Non Decr Years19
5.3 Sustainability
8.38% 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.
DP8.38%
EPS Next 2Y40.32%
EPS Next 3Y29.48%
COMFORT SYSTEMS USA INC
NYSE:FIX (12/20/2024, 7:14:36 PM)
After market: 438.44 0 (0%)438.44
+3.22 (+0.74%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners99.02%
Inst Owner Change-0.46%
Ins Owners1.56%
Ins Owner Change-7.19%
Market Cap15.60B
Analysts81.82
Price Target504.73 (15.12%)
Short Float %1.86%
Short Ratio1.95
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.32% |
Dividend Growth(5Y)20.7%
DP8.38%
Div Incr Years12
Div Non Decr Years19
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.94%
Min EPS beat(2)1.91%
Max EPS beat(2)17.97%
EPS beat(4)4
Avg EPS beat(4)16.76%
Min EPS beat(4)1.91%
Max EPS beat(4)32.19%
EPS beat(8)8
Avg EPS beat(8)20.49%
EPS beat(12)11
Avg EPS beat(12)17.46%
EPS beat(16)14
Avg EPS beat(16)18.33%
Revenue beat(2)1
Avg Revenue beat(2)1.89%
Min Revenue beat(2)-2.46%
Max Revenue beat(2)6.24%
Revenue beat(4)3
Avg Revenue beat(4)1.92%
Min Revenue beat(4)-2.46%
Max Revenue beat(4)6.24%
Revenue beat(8)7
Avg Revenue beat(8)3.43%
Revenue beat(12)11
Avg Revenue beat(12)4.58%
Revenue beat(16)12
Avg Revenue beat(16)3.45%
PT rev (1m)38.13%
PT rev (3m)38.13%
EPS NQ rev (1m)1.77%
EPS NQ rev (3m)24.15%
EPS NY rev (1m)0.43%
EPS NY rev (3m)2.79%
Revenue NQ rev (1m)0.56%
Revenue NQ rev (3m)3.54%
Revenue NY rev (1m)0.16%
Revenue NY rev (3m)-0.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.55 | ||
| Fwd PE | 25.51 | ||
| P/S | 2.39 | ||
| P/FCF | 21.8 | ||
| P/OCF | 19.23 | ||
| P/B | 9.83 | ||
| P/tB | 60.94 | ||
| EV/EBITDA | 19.76 |
EPS(TTM)13.07
EY2.98%
EPS(NY)17.19
Fwd EY3.92%
FCF(TTM)20.12
FCFY4.59%
OCF(TTM)22.8
OCFY5.2%
SpS183.12
BVpS44.61
TBVpS7.2
PEG (NY)0.52
PEG (5Y)1.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.61% | ||
| ROE | 29.49% | ||
| ROCE | 32.26% | ||
| ROIC | 26.87% | ||
| ROICexc | 34% | ||
| ROICexgc | 225.51% | ||
| OM | 9.82% | ||
| PM (TTM) | 7.18% | ||
| GM | 20.29% | ||
| FCFM | 10.99% |
ROA(3y)8.58%
ROA(5y)8.38%
ROE(3y)22.57%
ROE(5y)21.76%
ROIC(3y)15.98%
ROIC(5y)15.56%
ROICexc(3y)17.44%
ROICexc(5y)16.78%
ROICexgc(3y)53.68%
ROICexgc(5y)49.89%
ROCE(3y)19.19%
ROCE(5y)18.68%
ROICexcg growth 3Y16.83%
ROICexcg growth 5Y7.2%
ROICexc growth 3Y17.18%
ROICexc growth 5Y2.13%
OM growth 3Y6.44%
OM growth 5Y3.16%
PM growth 3Y5.73%
PM growth 5Y3.73%
GM growth 3Y-0.22%
GM growth 5Y-1.43%
F-Score6
Asset Turnover1.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.1 | ||
| Debt/EBITDA | 0.08 | ||
| Cap/Depr | 72.37% | ||
| Cap/Sales | 1.47% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 105.12% | ||
| Profit Quality | 152.93% | ||
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.02 | ||
| Altman-Z | 5.77 |
F-Score6
WACC10.41%
ROIC/WACC2.58
Cap/Depr(3y)69.37%
Cap/Depr(5y)61.9%
Cap/Sales(3y)1.24%
Cap/Sales(5y)1.16%
Profit Quality(3y)127.16%
Profit Quality(5y)130.54%
High Growth Momentum
Growth
EPS 1Y (TTM)69.3%
EPS 3Y30.59%
EPS 5Y24.57%
EPS Q2Q%49.27%
EPS Next Y64.44%
EPS Next 2Y40.32%
EPS Next 3Y29.48%
EPS Next 5YN/A
Revenue 1Y (TTM)31.23%
Revenue growth 3Y22.15%
Revenue growth 5Y18.99%
Sales Q2Q%31.51%
Revenue Next Year33.78%
Revenue Next 2Y21.53%
Revenue Next 3Y16.32%
Revenue Next 5YN/A
EBIT growth 1Y70.17%
EBIT growth 3Y30.02%
EBIT growth 5Y22.75%
EBIT Next Year108.04%
EBIT Next 3Y35.34%
EBIT Next 5YN/A
FCF growth 1Y359.64%
FCF growth 3Y27.57%
FCF growth 5Y35.35%
OCF growth 1Y311.94%
OCF growth 3Y30.69%
OCF growth 5Y34.15%