COMFORT SYSTEMS USA INC (FIX) Stock Fundamental Analysis
NYSE:FIX - New York Stock Exchange, Inc. - US1999081045 - Common Stock - Currency: USD
We assign a fundamental rating of 8 out of 10 to FIX. FIX was compared to 47 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 overvalued while it is showing excellent growth. This is an interesting combination. FIX also has an excellent dividend rating. These ratings would make FIX suitable for dividend and growth and quality investing!
1. Profitability
1.1 Basic Checks
FIX had positive earnings in the past year.
In the past year FIX had a positive cash flow from operations.
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
Looking at the Return On Assets, with a value of 10.61%, FIX belongs to the top of the industry, outperforming 91.11% of the companies in the same industry.
The Return On Equity of FIX (29.49%) is better than 91.11% of its industry peers.
Looking at the Return On Invested Capital, with a value of 26.87%, FIX belongs to the top of the industry, outperforming 95.56% of the companies in the same industry.
FIX had an Average Return On Invested Capital over the past 3 years of 15.98%. This is above the industry average of 11.58%.
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
FIX's Profit Margin of 7.18% is amongst the best of the industry. FIX outperforms 84.44% of its industry peers.
FIX's Profit Margin has improved in the last couple of years.
FIX has a Operating Margin of 9.82%. This is amongst the best in the industry. FIX outperforms 84.44% of its industry peers.
FIX's Operating Margin has improved in the last couple of years.
The Gross Margin of FIX (20.29%) is better than 66.67% of its industry peers.
In the last couple of years the Gross Margin of FIX has remained more or less at the same level.
| 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), FIX is creating value.
The number of shares outstanding for FIX has been reduced compared to 1 year ago.
FIX has less shares outstanding than it did 5 years ago.
FIX has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.67 indicates that FIX is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.67, FIX belongs to the top of the industry, outperforming 82.22% of the companies in the same industry.
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 91.11% of its industry peers.
A Debt/Equity ratio of 0.04 indicates that FIX is not too dependend on debt financing.
The Debt to Equity ratio of FIX (0.04) is better than 82.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.1 | ||
| Altman-Z | 5.67 |
ROIC/WACC2.26
WACC11.87%
2.3 Liquidity
A Current Ratio of 1.04 indicates that FIX should not have too much problems paying its short term obligations.
FIX has a Current ratio of 1.04. This is in the lower half of the industry: FIX underperforms 77.78% of its industry peers.
A Quick Ratio of 1.02 indicates that FIX should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.02, FIX is doing worse than 75.56% of the companies in the same 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 | 1.04 | ||
| 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%.
The Revenue has been growing by 18.99% on average over the past years. This is quite good.
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 30.05% on average over the next years. This is a very strong growth
FIX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.49% yearly.
EPS Next Y64.44%
EPS Next 2Y40.59%
EPS Next 3Y30.05%
EPS Next 5YN/A
Revenue Next Year33.78%
Revenue Next 2Y21.53%
Revenue Next 3Y16.49%
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 accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 34.09, which means the current valuation is very expensive for FIX.
FIX's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 28.47. FIX is around the same levels.
The Price/Forward Earnings ratio is 25.82, which means the current valuation is very expensive for FIX.
FIX's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 92.74, FIX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.09 | ||
| Fwd PE | 25.82 |
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 ratio is a bit cheaper when compared to the industry. FIX is cheaper than 62.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.15 | ||
| EV/EBITDA | 19.14 |
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 30.05% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.53
PEG (5Y)1.39
EPS Next 2Y40.59%
EPS Next 3Y30.05%
5. Dividend
5.1 Amount
FIX has a yearly dividend return of 0.32%, which is pretty low.
FIX's Dividend Yield is rather good when compared to the industry average which is at 1.58. FIX pays more dividend than 82.22% of the companies in the same industry.
With a Dividend Yield of 0.32, FIX pays less dividend than the S&P500 average, which is at 2.28.
| 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 their dividend for at least 10 years, which is a reliable track record.
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.
FIX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP8.38%
EPS Next 2Y40.59%
EPS Next 3Y30.05%
COMFORT SYSTEMS USA INC
NYSE:FIX (2/5/2025, 12:48:23 PM)
445.52
+20.46 (+4.81%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners99.02%
Inst Owner Change-2.46%
Ins Owners1.56%
Ins Owner Change-7.19%
Market Cap15.86B
Analysts81.82
Price Target539.75 (21.15%)
Short Float %1.9%
Short Ratio1.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.32% |
Yearly Dividend0.85
Dividend Growth(5Y)20.7%
DP8.38%
Div Incr Years12
Div Non Decr Years19
Ex-DateN/A
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)1.7%
PT rev (3m)47.71%
EPS NQ rev (1m)0%
EPS NQ rev (3m)7.78%
EPS NY rev (1m)0%
EPS NY rev (3m)0.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.61%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.09 | ||
| Fwd PE | 25.82 | ||
| P/S | 2.43 | ||
| P/FCF | 22.15 | ||
| P/OCF | 19.54 | ||
| P/B | 9.99 | ||
| P/tB | 61.92 | ||
| EV/EBITDA | 19.14 |
EPS(TTM)13.07
EY2.93%
EPS(NY)17.26
Fwd EY3.87%
FCF(TTM)20.12
FCFY4.52%
OCF(TTM)22.8
OCFY5.12%
SpS183.12
BVpS44.61
TBVpS7.2
PEG (NY)0.53
PEG (5Y)1.39
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 | 5.67 |
F-Score6
WACC11.87%
ROIC/WACC2.26
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 2Y40.59%
EPS Next 3Y30.05%
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 3Y16.49%
Revenue Next 5YN/A
EBIT growth 1Y70.17%
EBIT growth 3Y30.02%
EBIT growth 5Y22.75%
EBIT Next Year108.29%
EBIT Next 3Y35.48%
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%