20.2 USD
-0.18 (-0.88%)
20.2 USD
0 (0%)
Overall FULT gets a fundamental rating of 4 out of 10. We evaluated FULT against 383 industry peers in the Banks industry. FULT has a medium profitability rating, but doesn't score so well on its financial health evaluation. FULT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- FULT had positive earnings in the past year.
- In the past year FULT had a positive cash flow from operations.
- In the past 5 years FULT has always been profitable.
- Of the past 5 years FULT 4 years had a positive operating cash flow.
1.2 Ratios
- With a decent Return On Assets value of 1.10%, FULT is doing good in the industry, outperforming 70.50% of the companies in the same industry.
- FULT has a Return On Equity of 10.28%. This is in the better half of the industry: FULT outperforms 64.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 10.28% | ||
| ROIC | N/A |
ROA(3y)1.02%
ROA(5y)1.02%
ROE(3y)9.85%
ROE(5y)10.01%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- The Profit Margin of FULT (27.07%) is better than 65.80% of its industry peers.
- FULT's Profit Margin has improved in the last couple of years.
- The Operating Margin and Gross Margin are not available for FULT so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 27.07% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y1.92%
PM growth 5Y7.51%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- FULT does not have a ROIC to compare to the WACC, probably because it is not profitable.
- The number of shares outstanding for FULT has been reduced compared to 1 year ago.
- Compared to 5 years ago, FULT has more shares outstanding
- Compared to 1 year ago, FULT has a worse debt to assets ratio.
2.2 Solvency
- FULT has a debt to FCF ratio of 3.64. This is a good value and a sign of high solvency as FULT would need 3.64 years to pay back of all of its debts.
- FULT has a worse Debt to FCF ratio (3.64) than 65.27% of its industry peers.
- FULT has a Debt/Equity ratio of 0.30. This is a healthy value indicating a solid balance between debt and equity.
- FULT has a Debt to Equity ratio of 0.30. This is in the lower half of the industry: FULT underperforms 67.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 3.64 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.23%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 14.05% over the past year.
- The Earnings Per Share has been growing by 14.33% on average over the past years. This is quite good.
- FULT shows a small growth in Revenue. In the last year, the Revenue has grown by 6.23%.
- Measured over the past years, FULT shows a quite strong growth in Revenue. The Revenue has been growing by 8.58% on average per year.
EPS 1Y (TTM)14.05%
EPS 3Y8.11%
EPS 5Y14.33%
EPS Q2Q%10.42%
Revenue 1Y (TTM)6.23%
Revenue growth 3Y9.19%
Revenue growth 5Y8.58%
Sales Q2Q%4.88%
3.2 Future
- FULT is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.52% yearly.
- FULT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.41% yearly.
EPS Next Y0.26%
EPS Next 2Y5.52%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year16.17%
Revenue Next 2Y11.41%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 9.57 indicates a reasonable valuation of FULT.
- Based on the Price/Earnings ratio, FULT is valued cheaply inside the industry as 85.38% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 28.60. FULT is valued rather cheaply when compared to this.
- A Price/Forward Earnings ratio of 9.55 indicates a reasonable valuation of FULT.
- FULT's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FULT is cheaper than 67.36% of the companies in the same industry.
- FULT is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.57 | ||
| Fwd PE | 9.55 |
4.2 Price Multiples
- The rest of the industry has a similar Price/Free Cash Flow ratio as FULT.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.98 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)36.86
PEG (5Y)0.67
EPS Next 2Y5.52%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- FULT has a Yearly Dividend Yield of 3.73%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 2.60, FULT pays a bit more dividend than its industry peers.
- FULT's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.73% |
5.2 History
- On average, the dividend of FULT grows each year by 6.62%, which is quite nice.
- FULT has paid a dividend for at least 10 years, which is a reliable track record.
- FULT has decreased its dividend recently.
Dividend Growth(5Y)6.62%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- FULT pays out 40.37% of its income as dividend. This is a bit on the high side, but may be sustainable.
- The dividend of FULT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP40.37%
EPS Next 2Y5.52%
EPS Next 3YN/A
FULTON FINANCIAL CORP / FULT FAQ
Can you provide the ChartMill fundamental rating for FULTON FINANCIAL CORP?
ChartMill assigns a fundamental rating of 4 / 10 to FULT.
What is the valuation status of FULTON FINANCIAL CORP (FULT) stock?
ChartMill assigns a valuation rating of 5 / 10 to FULTON FINANCIAL CORP (FULT). This can be considered as Fairly Valued.
How profitable is FULTON FINANCIAL CORP (FULT) stock?
FULTON FINANCIAL CORP (FULT) has a profitability rating of 4 / 10.
What are the PE and PB ratios of FULTON FINANCIAL CORP (FULT) stock?
The Price/Earnings (PE) ratio for FULTON FINANCIAL CORP (FULT) is 9.57 and the Price/Book (PB) ratio is 1.07.
How sustainable is the dividend of FULTON FINANCIAL CORP (FULT) stock?
The dividend rating of FULTON FINANCIAL CORP (FULT) is 5 / 10 and the dividend payout ratio is 40.37%.