20.19 USD
-0.85 (-4.04%)
21.0742 USD
+0.88 (+4.38%)
Taking everything into account, FULT scores 3 out of 10 in our fundamental rating. FULT was compared to 383 industry peers in the Banks industry. FULT may be in some trouble as it scores bad on both profitability and health. FULT is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year FULT was profitable.
- In the past year FULT had a positive cash flow from operations.
- FULT had positive earnings in 4 of the past 5 years.
- FULT had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- The Return On Assets of FULT (1.10%) is better than 70.76% of its industry peers.
- Looking at the Return On Equity, with a value of 10.28%, FULT is in the better half of the industry, outperforming 64.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 10.28% | ||
| 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
- FULT's Profit Margin of 27.07% is fine compared to the rest of the industry. FULT outperforms 65.54% of its industry peers.
- FULT's Profit Margin has declined 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 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.
- There is no outstanding debt for FULT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- The Debt to FCF ratio of FULT is 3.64, which is a good value as it means it would take FULT, 3.64 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of FULT (3.64) is worse than 65.27% of its industry peers.
- A Debt/Equity ratio of 0.30 indicates that FULT is not too dependend on debt financing.
- FULT has a Debt to Equity ratio of 0.30. This is in the lower half of the industry: FULT underperforms 67.36% 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
- FULT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.05%, which is quite good.
- Measured over the past years, FULT shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.33% on average per year.
EPS 1Y (TTM)14.05%
EPS 3Y8.11%
EPS 5Y14.33%
EPS Q2Q%10.42%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
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
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- FULT is valuated reasonably with a Price/Earnings ratio of 9.57.
- 86.16% of the companies in the same industry are more expensive than FULT, based on the Price/Earnings ratio.
- FULT's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.21.
- FULT is valuated reasonably with a Price/Forward Earnings ratio of 9.54.
- 68.15% of the companies in the same industry are more expensive than FULT, based on the Price/Forward Earnings ratio.
- FULT is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.57 | ||
| Fwd PE | 9.54 |
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 FULT does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)36.84
PEG (5Y)0.67
EPS Next 2Y5.52%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- FULT has a Yearly Dividend Yield of 3.61%. Purely for dividend investing, there may be better candidates out there.
- FULT's Dividend Yield is a higher than the industry average which is at 2.61.
- FULT's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.61% |
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
- 40.37% of the earnings are spent on dividend by FULT. 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 3 / 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 3 / 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%.