COMFORT SYSTEMS USA INC (FIX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FIX - US1999081045 - Common Stock
933.29 USD
-13.64 (-1.44%)
933.29 USD
0 (0%)
Taking everything into account, FIX scores 8 out of 10 in our fundamental rating. FIX was compared to 54 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 showing excellent growth while it is valued at reasonable prices. 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
FIX had positive earnings in the past year.
FIX had a positive operating cash flow in the past year.
Each year in the past 5 years FIX has been profitable.
FIX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FIX has a Return On Assets of 14.50%. This is amongst the best in the industry. FIX outperforms 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.
The Average Return On Invested Capital over the past 3 years for FIX is above the industry average of 16.29%.
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
Looking at the Profit Margin, with a value of 10.06%, FIX belongs to the top of the industry, outperforming 85.19% of the companies in the same industry.
FIX's Profit Margin has improved in the last couple of years.
FIX's Operating Margin of 13.36% is amongst the best of the industry. FIX outperforms 87.04% of its industry peers.
In the last couple of years the Operating Margin of FIX has grown nicely.
With a decent Gross Margin value of 23.49%, FIX is doing good in the industry, outperforming 70.37% of the companies in the same industry.
In the last couple of years the Gross Margin of FIX has grown nicely.
| 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.
FIX has less shares outstanding than it did 1 year ago.
FIX has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, FIX has a worse debt to assets ratio.
2.2 Solvency
FIX has an Altman-Z score of 8.42. This indicates that FIX is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of FIX (8.42) is better than 90.74% of its industry peers.
FIX has a debt to FCF ratio of 0.17. This is a very positive value and a sign of high solvency as it would only need 0.17 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.17, FIX belongs to the best of the industry, outperforming 90.74% of the companies in the same industry.
A Debt/Equity ratio of 0.06 indicates that FIX is not too dependend on debt financing.
FIX has a better Debt to Equity ratio (0.06) than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.17 | ||
| Altman-Z | 8.42 |
ROIC/WACC3.1
WACC10.57%
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 of 1.22. This is comparable to the rest of the industry: FIX outperforms 48.15% of its industry peers.
FIX has a Quick Ratio of 1.20. This is a normal value and indicates that FIX is financially healthy and should not expect problems in meeting its short term obligations.
FIX's Quick ratio of 1.20 is in line compared to the rest of the industry. FIX outperforms 46.30% of its industry peers.
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.
Looking at the last year, FIX shows a very strong growth in Revenue. The Revenue has grown by 27.71%.
Measured over the past years, FIX shows a very strong growth in Revenue. The Revenue has been growing by 21.86% on average per year.
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
FIX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 33.25% yearly.
FIX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.22% yearly.
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
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
Based on the Price/Earnings ratio of 39.51, the valuation of FIX can be described as expensive.
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 26.77.
A Price/Forward Earnings ratio of 30.57 indicates a quite expensive valuation of FIX.
FIX's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.35. FIX is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.51 | ||
| Fwd PE | 30.57 |
4.2 Price Multiples
FIX's Enterprise Value to EBITDA is on the same level as the industry average.
FIX's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.21 | ||
| EV/EBITDA | 26.11 |
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)0.5
PEG (5Y)1.07
EPS Next 2Y44.56%
EPS Next 3Y33.25%
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 0.41. FIX pays more dividend than 83.33% 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 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.25% |
5.2 History
On average, the dividend of FIX grows each year by 24.96%, which is quite nice.
FIX has been paying a dividend for at least 10 years, so it has 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 2Y44.56%
EPS Next 3Y33.25%
933.29
-13.64 (-1.44%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners97.82%
Inst Owner Change-1.51%
Ins Owners1.26%
Ins Owner Change-9.85%
Market Cap32.92B
Revenue(TTM)8.32B
Net Income(TTM)837.62M
Analysts83.08
Price Target994.37 (6.54%)
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-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)1.28%
PT rev (3m)41.94%
EPS NQ rev (1m)0%
EPS NQ rev (3m)19.68%
EPS NY rev (1m)1.4%
EPS NY rev (3m)11.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)8.67%
Revenue NY rev (1m)0.26%
Revenue NY rev (3m)5.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.51 | ||
| Fwd PE | 30.57 | ||
| P/S | 3.95 | ||
| P/FCF | 41.21 | ||
| P/OCF | 35.46 | ||
| P/B | 14.74 | ||
| P/tB | 37.69 | ||
| EV/EBITDA | 26.11 |
EPS(TTM)23.62
EY2.53%
EPS(NY)30.53
Fwd EY3.27%
FCF(TTM)22.65
FCFY2.43%
OCF(TTM)26.32
OCFY2.82%
SpS235.99
BVpS63.32
TBVpS24.76
PEG (NY)0.5
PEG (5Y)1.07
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 | 8.42 |
F-Score7
WACC10.57%
ROIC/WACC3.1
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.
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 39.51 and the Price/Book (PB) ratio is 14.74.
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 78.67% in the next year.