FULTON FINANCIAL CORP (FULT) Stock Fundamental Analysis
USA - NASDAQ:FULT - US3602711000 - Common Stock
17.61 USD
+0.28 (+1.62%)
17.59 USD
-0.02 (-0.11%)
FULT gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 390 industry peers in the Banks industry. Both the profitability and financial health of FULT have multiple concerns. FULT is not valued too expensively and it also shows a decent growth rate. FULT also has an excellent dividend rating.
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.
Each year in the past 5 years FULT has been profitable.
Each year in the past 5 years FULT had a positive operating cash flow.
1.2 Ratios
FULT has a better Return On Assets (0.98%) than 62.31% of its industry peers.
With a Return On Equity value of 9.42%, FULT perfoms like the industry average, outperforming 58.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.98% | ||
| ROE | 9.42% | ||
| ROIC | N/A |
ROA(3y)0.96%
ROA(5y)0.92%
ROE(3y)9.79%
ROE(5y)9.17%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 24.52%, FULT is in line with its industry, outperforming 54.36% of the companies in the same industry.
FULT's Profit Margin has declined in the last couple of years.
FULT does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 24.52% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-7.31%
PM growth 5Y-2.95%
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.
FULT has more shares outstanding than it did 1 year ago.
FULT has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, FULT has an improved debt to assets ratio.
2.2 Solvency
FULT has a debt to FCF ratio of 7.18. This is a slightly negative value and a sign of low solvency as FULT would need 7.18 years to pay back of all of its debts.
FULT has a worse Debt to FCF ratio (7.18) than 74.36% of its industry peers.
FULT has a Debt/Equity ratio of 0.29. This is a healthy value indicating a solid balance between debt and equity.
FULT has a worse Debt to Equity ratio (0.29) than 67.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 7.18 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.8%
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 15.08% over the past year.
FULT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.04% yearly.
The Revenue has grown by 9.16% in the past year. This is quite good.
The Revenue has been growing slightly by 7.41% on average over the past years.
EPS 1Y (TTM)15.08%
EPS 3Y4.31%
EPS 5Y6.04%
EPS Q2Q%6%
Revenue 1Y (TTM)9.16%
Revenue growth 3Y9.66%
Revenue growth 5Y7.41%
Sales Q2Q%2.4%
3.2 Future
Based on estimates for the next years, FULT will show a small growth in Earnings Per Share. The EPS will grow by 7.45% on average per year.
FULT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.07% yearly.
EPS Next Y10.08%
EPS Next 2Y6.14%
EPS Next 3Y7.45%
EPS Next 5YN/A
Revenue Next Year7.35%
Revenue Next 2Y5.07%
Revenue Next 3YN/A
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 8.55, which indicates a very decent valuation of FULT.
Based on the Price/Earnings ratio, FULT is valued cheaper than 87.69% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.13. FULT is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 8.45, the valuation of FULT can be described as reasonable.
Based on the Price/Forward Earnings ratio, FULT is valued a bit cheaper than 75.90% of the companies in the same industry.
FULT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.55 | ||
| Fwd PE | 8.45 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FULT is valued a bit more expensive than 73.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.65 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.85
PEG (5Y)1.42
EPS Next 2Y6.14%
EPS Next 3Y7.45%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.12%, FULT is a good candidate for dividend investing.
FULT's Dividend Yield is a higher than the industry average which is at 3.43.
Compared to an average S&P500 Dividend Yield of 2.39, FULT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.12% |
5.2 History
The dividend of FULT is nicely growing with an annual growth rate of 6.62%!
FULT has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of FULT decreased recently.
Dividend Growth(5Y)6.62%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
44.19% of the earnings are spent on dividend by FULT. This is a bit on the high side, but may be sustainable.
FULT's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP44.19%
EPS Next 2Y6.14%
EPS Next 3Y7.45%
17.61
+0.28 (+1.62%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners77.98%
Inst Owner Change0.12%
Ins Owners1.1%
Ins Owner Change-0.4%
Market Cap3.21B
Revenue(TTM)1.30B
Net Income(TTM)313.76M
Analysts78.33
Price Target20.81 (18.17%)
Short Float %2.28%
Short Ratio2.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.12% |
Yearly Dividend0.76
Dividend Growth(5Y)6.62%
DP44.19%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.14%
Min EPS beat(2)15.6%
Max EPS beat(2)18.68%
EPS beat(4)4
Avg EPS beat(4)14.44%
Min EPS beat(4)10.69%
Max EPS beat(4)18.68%
EPS beat(8)8
Avg EPS beat(8)14.37%
EPS beat(12)9
Avg EPS beat(12)6.91%
EPS beat(16)12
Avg EPS beat(16)9.16%
Revenue beat(2)0
Avg Revenue beat(2)-1.63%
Min Revenue beat(2)-2.09%
Max Revenue beat(2)-1.17%
Revenue beat(4)0
Avg Revenue beat(4)-2.03%
Min Revenue beat(4)-4.02%
Max Revenue beat(4)-0.86%
Revenue beat(8)3
Avg Revenue beat(8)-1.13%
Revenue beat(12)6
Avg Revenue beat(12)4.85%
Revenue beat(16)10
Avg Revenue beat(16)12.26%
PT rev (1m)-1.92%
PT rev (3m)3.03%
EPS NQ rev (1m)-0.11%
EPS NQ rev (3m)-0.78%
EPS NY rev (1m)-0.19%
EPS NY rev (3m)7.45%
Revenue NQ rev (1m)-0.07%
Revenue NQ rev (3m)1.01%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)1.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.55 | ||
| Fwd PE | 8.45 | ||
| P/S | 2.51 | ||
| P/FCF | 23.65 | ||
| P/OCF | 17.06 | ||
| P/B | 0.96 | ||
| P/tB | 1.19 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.06
EY11.7%
EPS(NY)2.08
Fwd EY11.83%
FCF(TTM)0.74
FCFY4.23%
OCF(TTM)1.03
OCFY5.86%
SpS7.03
BVpS18.28
TBVpS14.86
PEG (NY)0.85
PEG (5Y)1.42
Graham Number29.11
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.98% | ||
| ROE | 9.42% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 24.52% | ||
| GM | N/A | ||
| FCFM | 10.6% |
ROA(3y)0.96%
ROA(5y)0.92%
ROE(3y)9.79%
ROE(5y)9.17%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-7.31%
PM growth 5Y-2.95%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 7.18 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 84.4% | ||
| Cap/Sales | 4.09% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 43.22% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC15.8%
ROIC/WACCN/A
Cap/Depr(3y)80.27%
Cap/Depr(5y)73.99%
Cap/Sales(3y)2.86%
Cap/Sales(5y)2.56%
Profit Quality(3y)154.44%
Profit Quality(5y)132.75%
High Growth Momentum
Growth
EPS 1Y (TTM)15.08%
EPS 3Y4.31%
EPS 5Y6.04%
EPS Q2Q%6%
EPS Next Y10.08%
EPS Next 2Y6.14%
EPS Next 3Y7.45%
EPS Next 5YN/A
Revenue 1Y (TTM)9.16%
Revenue growth 3Y9.66%
Revenue growth 5Y7.41%
Sales Q2Q%2.4%
Revenue Next Year7.35%
Revenue Next 2Y5.07%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-83.15%
FCF growth 3Y4.85%
FCF growth 5Y31.82%
OCF growth 1Y-77.37%
OCF growth 3Y6.76%
OCF growth 5Y26.68%
FULTON FINANCIAL CORP / FULT FAQ
Can you provide the ChartMill fundamental rating for FULTON FINANCIAL CORP?
ChartMill assigns a fundamental rating of 3 / 10 to FULT.
Can you provide the valuation status for FULTON FINANCIAL CORP?
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 3 / 10.
Can you provide the PE and PB ratios for FULT stock?
The Price/Earnings (PE) ratio for FULTON FINANCIAL CORP (FULT) is 8.55 and the Price/Book (PB) ratio is 0.96.
Can you provide the dividend sustainability for FULT stock?
The dividend rating of FULTON FINANCIAL CORP (FULT) is 7 / 10 and the dividend payout ratio is 44.19%.