COMFORT SYSTEMS USA INC (FIX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FIX - US1999081045 - Common Stock
1001.48 USD
-3.17 (-0.32%)
1018.5 USD
+17.02 (+1.7%)
We assign a fundamental rating of 8 out of 10 to FIX. FIX was compared to 55 industry peers in the Construction & Engineering industry. Both the health and profitability get an excellent rating, making FIX a very profitable company, without any liquidiy or solvency issues. FIX is not priced too expensively while it is growing strongly. Keep and eye on this one! FIX also has an excellent dividend rating. With these ratings, FIX could be worth investigating further for dividend and growth and quality investing!.
1. Profitability
1.1 Basic Checks
In the past year FIX was profitable.
FIX had a positive operating cash flow in the past year.
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 14.50%. This is amongst the best in the industry. FIX outperforms 90.91% of its industry peers.
With an excellent Return On Equity value of 37.50%, FIX belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
FIX's Return On Invested Capital of 32.75% is amongst the best of the industry. FIX outperforms 92.73% of its industry peers.
FIX had an Average Return On Invested Capital over the past 3 years of 21.29%. This is above the industry average of 17.30%.
The 3 year average ROIC (21.29%) for FIX is below the current ROIC(32.75%), indicating increased profibility in the last year.
| 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's Profit Margin of 10.06% is amongst the best of the industry. FIX outperforms 85.45% of its industry peers.
FIX's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 13.36%, FIX belongs to the top of the industry, outperforming 89.09% of the companies in the same industry.
In the last couple of years the Operating Margin of FIX has grown nicely.
FIX has a better Gross Margin (23.49%) than 70.91% 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so FIX is creating value.
The number of shares outstanding for FIX has been reduced compared to 1 year ago.
The number of shares outstanding for FIX has been reduced compared to 5 years ago.
The debt/assets ratio for FIX is higher compared to a year ago.
2.2 Solvency
FIX has an Altman-Z score of 8.76. This indicates that FIX is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of FIX (8.76) is better than 90.91% 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.
FIX's Debt to FCF ratio of 0.17 is amongst the best of the industry. FIX outperforms 92.73% of its industry peers.
FIX has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
FIX has a Debt to Equity ratio of 0.06. This is amongst the best in the industry. FIX outperforms 85.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.17 | ||
| Altman-Z | 8.76 |
ROIC/WACC3.35
WACC9.77%
2.3 Liquidity
FIX has a Current Ratio of 1.22. This is a normal value and indicates that FIX is financially healthy and should not expect problems in meeting its short term obligations.
FIX has a Current ratio (1.22) which is comparable to the rest of the industry.
A Quick Ratio of 1.20 indicates that FIX should not have too much problems paying its short term obligations.
FIX has a Quick ratio (1.20) which is comparable to the rest of the industry.
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 | 1.22 | ||
| 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.
FIX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 36.79% yearly.
FIX shows a strong growth in Revenue. In the last year, 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
The Earnings Per Share is expected to grow by 32.29% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 16.22% on average over the next years. This is quite good.
EPS Next Y76.2%
EPS Next 2Y42.3%
EPS Next 3Y32.29%
EPS Next 5YN/A
Revenue Next Year25.74%
Revenue Next 2Y19.95%
Revenue Next 3Y16.22%
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 stable.
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 42.40, 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.
The average S&P500 Price/Earnings ratio is at 26.46. FIX is valued rather expensively when compared to this.
Based on the Price/Forward Earnings ratio of 33.85, the valuation of FIX can be described as expensive.
FIX's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of FIX to the average of the S&P500 Index (36.10), we can say FIX is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.4 | ||
| Fwd PE | 33.85 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as FIX.
FIX's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 44.22 | ||
| EV/EBITDA | 27.73 |
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 32.29% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.56
PEG (5Y)1.15
EPS Next 2Y42.3%
EPS Next 3Y32.29%
5. Dividend
5.1 Amount
FIX has a yearly dividend return of 0.25%, which is pretty low.
FIX's Dividend Yield is rather good when compared to the industry average which is at 1.67. FIX pays more dividend than 81.82% of the companies in the same industry.
With a Dividend Yield of 0.25, FIX pays less dividend than the S&P500 average, which is at 2.32.
| 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 their dividend for at least 10 years, which is a reliable track record.
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.
FIX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP7.18%
EPS Next 2Y42.3%
EPS Next 3Y32.29%
1001.48
-3.17 (-0.32%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners98.41%
Inst Owner Change-1.53%
Ins Owners1.32%
Ins Owner Change-9.86%
Market Cap35.32B
Revenue(TTM)8.32B
Net Income(TTM)837.62M
Analysts83.08
Price Target981.84 (-1.96%)
Short Float %1.89%
Short Ratio1.49
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-Date
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)0%
PT rev (3m)40.15%
EPS NQ rev (1m)2.47%
EPS NQ rev (3m)20.19%
EPS NY rev (1m)10.13%
EPS NY rev (3m)10.69%
Revenue NQ rev (1m)2.17%
Revenue NQ rev (3m)8.82%
Revenue NY rev (1m)4.81%
Revenue NY rev (3m)5.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.4 | ||
| Fwd PE | 33.85 | ||
| P/S | 4.24 | ||
| P/FCF | 44.22 | ||
| P/OCF | 38.05 | ||
| P/B | 15.82 | ||
| P/tB | 40.45 | ||
| EV/EBITDA | 27.73 |
EPS(TTM)23.62
EY2.36%
EPS(NY)29.58
Fwd EY2.95%
FCF(TTM)22.65
FCFY2.26%
OCF(TTM)26.32
OCFY2.63%
SpS235.99
BVpS63.32
TBVpS24.76
PEG (NY)0.56
PEG (5Y)1.15
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 | 8.76 |
F-Score7
WACC9.77%
ROIC/WACC3.35
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 Y76.2%
EPS Next 2Y42.3%
EPS Next 3Y32.29%
EPS Next 5YN/A
Revenue 1Y (TTM)27.71%
Revenue growth 3Y31.74%
Revenue growth 5Y21.86%
Sales Q2Q%35.24%
Revenue Next Year25.74%
Revenue Next 2Y19.95%
Revenue Next 3Y16.22%
Revenue Next 5YN/A
EBIT growth 1Y73.84%
EBIT growth 3Y58.65%
EBIT growth 5Y35.75%
EBIT Next Year72.01%
EBIT Next 3Y26.55%
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.
Can you provide the valuation status for COMFORT SYSTEMS USA INC?
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.
Can you provide the PE and PB ratios for FIX stock?
The Price/Earnings (PE) ratio for COMFORT SYSTEMS USA INC (FIX) is 42.4 and the Price/Book (PB) ratio is 15.82.
What is the expected EPS growth for COMFORT SYSTEMS USA INC (FIX) stock?
The Earnings per Share (EPS) of COMFORT SYSTEMS USA INC (FIX) is expected to grow by 76.2% in the next year.