FLEETCOR TECHNOLOGIES INC (FLT) Stock Fundamental Analysis
USA - NYSE:FLT - US3390411052 - Common Stock
303.26 USD
-2.54 (-0.83%)
303.26 USD
0 (0%)
Taking everything into account, FLT scores 5 out of 10 in our fundamental rating. FLT was compared to 99 industry peers in the Financial Services industry. While FLT belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. FLT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year FLT was profitable.
In the past year FLT had a positive cash flow from operations.
In the past 5 years FLT has always been profitable.
FLT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FLT has a better Return On Assets (6.48%) than 83.33% of its industry peers.
FLT has a better Return On Equity (29.91%) than 90.20% of its industry peers.
FLT's Return On Invested Capital of 12.35% is amongst the best of the industry. FLT outperforms 92.16% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FLT is above the industry average of 7.79%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.48% | ||
| ROE | 29.91% | ||
| ROIC | 12.35% |
ROA(3y)6.51%
ROA(5y)6.62%
ROE(3y)32.25%
ROE(5y)28.37%
ROIC(3y)12.38%
ROIC(5y)11.79%
1.3 Margins
FLT has a better Profit Margin (26.13%) than 77.45% of its industry peers.
FLT's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 44.09%, FLT belongs to the best of the industry, outperforming 85.29% of the companies in the same industry.
FLT's Operating Margin has been stable in the last couple of years.
With an excellent Gross Margin value of 78.18%, FLT belongs to the best of the industry, outperforming 86.27% of the companies in the same industry.
FLT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 44.09% | ||
| PM (TTM) | 26.13% | ||
| GM | 78.18% |
OM growth 3Y2.7%
OM growth 5Y-0.33%
PM growth 3Y-3.94%
PM growth 5Y-4.76%
GM growth 3YN/A
GM growth 5Y-4.8%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FLT is creating some value.
FLT has less shares outstanding than it did 1 year ago.
FLT has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, FLT has an improved debt to assets ratio.
2.2 Solvency
FLT has an Altman-Z score of 2.49. This is not the best score and indicates that FLT is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of FLT (2.49) is better than 83.33% of its industry peers.
FLT has a debt to FCF ratio of 4.13. This is a neutral value as FLT would need 4.13 years to pay back of all of its debts.
The Debt to FCF ratio of FLT (4.13) is better than 66.67% of its industry peers.
FLT has a Debt/Equity ratio of 1.80. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.80, FLT is doing worse than 70.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 4.13 | ||
| Altman-Z | 2.49 |
ROIC/WACC1.57
WACC7.88%
2.3 Liquidity
FLT has a Current Ratio of 1.04. This is a normal value and indicates that FLT is financially healthy and should not expect problems in meeting its short term obligations.
FLT has a Current ratio (1.04) which is comparable to the rest of the industry.
A Quick Ratio of 1.04 indicates that FLT should not have too much problems paying its short term obligations.
FLT's Quick ratio of 1.04 is in line compared to the rest of the industry. FLT outperforms 47.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
FLT shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.09%.
FLT shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.95% yearly.
FLT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.65%.
Measured over the past years, FLT shows a quite strong growth in Revenue. The Revenue has been growing by 9.08% on average per year.
EPS 1Y (TTM)5.09%
EPS 3Y15.12%
EPS 5Y9.95%
EPS Q2Q%9.9%
Revenue 1Y (TTM)9.65%
Revenue growth 3Y16.3%
Revenue growth 5Y9.08%
Sales Q2Q%6.08%
3.2 Future
Based on estimates for the next years, FLT will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.58% on average per year.
The Revenue is expected to grow by 8.73% on average over the next years. This is quite good.
EPS Next Y15.77%
EPS Next 2Y16.02%
EPS Next 3Y15.58%
EPS Next 5YN/A
Revenue Next Year7.65%
Revenue Next 2Y8.57%
Revenue Next 3Y8.73%
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 17.92, which indicates a rather expensive current valuation of FLT.
Compared to the rest of the industry, the Price/Earnings ratio of FLT is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 26.83, FLT is valued a bit cheaper.
With a Price/Forward Earnings ratio of 15.48, FLT is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FLT is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 22.82. FLT is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.92 | ||
| Fwd PE | 15.48 |
4.2 Price Multiples
69.61% of the companies in the same industry are more expensive than FLT, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, FLT is valued a bit cheaper than the industry average as 70.59% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.4 | ||
| EV/EBITDA | 12.95 |
4.3 Compensation for Growth
FLT's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
FLT has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as FLT's earnings are expected to grow with 15.58% in the coming years.
PEG (NY)1.14
PEG (5Y)1.8
EPS Next 2Y16.02%
EPS Next 3Y15.58%
5. Dividend
5.1 Amount
FLT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
303.26
-2.54 (-0.83%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners0.34%
Inst Owner Change0%
Ins Owners6.57%
Ins Owner Change0%
Market Cap21.90B
Revenue(TTM)3.76B
Net Income(TTM)981.86M
Analysts78.26
Price Target321.23 (5.93%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.49%
Min EPS beat(2)-1.84%
Max EPS beat(2)-1.14%
EPS beat(4)1
Avg EPS beat(4)-0.4%
Min EPS beat(4)-1.84%
Max EPS beat(4)1.9%
EPS beat(8)5
Avg EPS beat(8)1.35%
EPS beat(12)9
Avg EPS beat(12)1.82%
EPS beat(16)13
Avg EPS beat(16)2.59%
Revenue beat(2)0
Avg Revenue beat(2)-3.06%
Min Revenue beat(2)-4.34%
Max Revenue beat(2)-1.78%
Revenue beat(4)1
Avg Revenue beat(4)-1.4%
Min Revenue beat(4)-4.34%
Max Revenue beat(4)1.23%
Revenue beat(8)5
Avg Revenue beat(8)0.27%
Revenue beat(12)8
Avg Revenue beat(12)0.79%
Revenue beat(16)10
Avg Revenue beat(16)0.64%
PT rev (1m)0.43%
PT rev (3m)9.71%
EPS NQ rev (1m)-0.02%
EPS NQ rev (3m)-6.51%
EPS NY rev (1m)0.14%
EPS NY rev (3m)0.63%
Revenue NQ rev (1m)0.01%
Revenue NQ rev (3m)-3.92%
Revenue NY rev (1m)-1.39%
Revenue NY rev (3m)-1.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.92 | ||
| Fwd PE | 15.48 | ||
| P/S | 5.8 | ||
| P/FCF | 13.4 | ||
| P/OCF | 12.24 | ||
| P/B | 6.64 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.95 |
EPS(TTM)16.92
EY5.58%
EPS(NY)19.59
Fwd EY6.46%
FCF(TTM)22.64
FCFY7.46%
OCF(TTM)24.78
OCFY8.17%
SpS52.3
BVpS45.68
TBVpS-62.27
PEG (NY)1.14
PEG (5Y)1.8
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.48% | ||
| ROE | 29.91% | ||
| ROCE | 19.08% | ||
| ROIC | 12.35% | ||
| ROICexc | 14.35% | ||
| ROICexgc | 146.38% | ||
| OM | 44.09% | ||
| PM (TTM) | 26.13% | ||
| GM | 78.18% | ||
| FCFM | 43.28% |
ROA(3y)6.51%
ROA(5y)6.62%
ROE(3y)32.25%
ROE(5y)28.37%
ROIC(3y)12.38%
ROIC(5y)11.79%
ROICexc(3y)14.89%
ROICexc(5y)14.05%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)17.46%
ROCE(5y)16.33%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y7.63%
ROICexc growth 5Y0.05%
OM growth 3Y2.7%
OM growth 5Y-0.33%
PM growth 3Y-3.94%
PM growth 5Y-4.76%
GM growth 3YN/A
GM growth 5Y-4.8%
F-Score7
Asset Turnover0.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 4.13 | ||
| Debt/EBITDA | 2.96 | ||
| Cap/Depr | 45.7% | ||
| Cap/Sales | 4.09% | ||
| Interest Coverage | 3.7 | ||
| Cash Conversion | 89.3% | ||
| Profit Quality | 165.65% | ||
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 2.49 |
F-Score7
WACC7.88%
ROIC/WACC1.57
Cap/Depr(3y)43.97%
Cap/Depr(5y)38.02%
Cap/Sales(3y)4.15%
Cap/Sales(5y)3.71%
Profit Quality(3y)119.4%
Profit Quality(5y)135.52%
High Growth Momentum
Growth
EPS 1Y (TTM)5.09%
EPS 3Y15.12%
EPS 5Y9.95%
EPS Q2Q%9.9%
EPS Next Y15.77%
EPS Next 2Y16.02%
EPS Next 3Y15.58%
EPS Next 5YN/A
Revenue 1Y (TTM)9.65%
Revenue growth 3Y16.3%
Revenue growth 5Y9.08%
Sales Q2Q%6.08%
Revenue Next Year7.65%
Revenue Next 2Y8.57%
Revenue Next 3Y8.73%
Revenue Next 5YN/A
EBIT growth 1Y14.53%
EBIT growth 3Y19.44%
EBIT growth 5Y8.72%
EBIT Next Year33.78%
EBIT Next 3Y17.84%
EBIT Next 5YN/A
FCF growth 1Y169.54%
FCF growth 3Y5.27%
FCF growth 5Y14.62%
OCF growth 1Y135.86%
OCF growth 3Y6.53%
OCF growth 5Y14.53%
FLEETCOR TECHNOLOGIES INC / FLT FAQ
What is the ChartMill fundamental rating of FLEETCOR TECHNOLOGIES INC (FLT) stock?
ChartMill assigns a fundamental rating of 5 / 10 to FLT.
What is the valuation status of FLEETCOR TECHNOLOGIES INC (FLT) stock?
ChartMill assigns a valuation rating of 5 / 10 to FLEETCOR TECHNOLOGIES INC (FLT). This can be considered as Fairly Valued.
Can you provide the profitability details for FLEETCOR TECHNOLOGIES INC?
FLEETCOR TECHNOLOGIES INC (FLT) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for FLT stock?
The Price/Earnings (PE) ratio for FLEETCOR TECHNOLOGIES INC (FLT) is 17.92 and the Price/Book (PB) ratio is 6.64.