20.4 USD
-0.03 (-0.15%)
20.38 USD
-0.02 (-0.1%)
Taking everything into account, FULT scores 4 out of 10 in our fundamental rating. FULT was compared to 383 industry peers in the Banks industry. While FULT is still in line with the averages on profitability rating, there are concerns on its financial health. FULT has a decent growth rate and is not valued too expensively. Finally FULT also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- FULT had positive earnings in the past year.
- FULT had a positive operating cash flow in the past year.
- In the past 5 years FULT has always been profitable.
- FULT had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 1.10%, FULT is in the better half of the industry, outperforming 70.50% of the companies in the same industry.
- The Return On Equity of FULT (10.28%) is better than 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
- With a decent Profit Margin value of 27.07%, FULT is doing good in the industry, outperforming 65.80% of the companies in the same industry.
- FULT's Profit Margin has improved 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) | 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.
- FULT has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, FULT has more shares outstanding
- FULT has a worse debt/assets ratio than last year.
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 Debt to FCF ratio of 3.64. This is in the lower half of the industry: FULT underperforms 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.
- The Debt to Equity ratio of FULT (0.30) is worse than 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
WACC15.17%
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.
- FULT shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.33% yearly.
- FULT shows a small growth in Revenue. In the last year, the Revenue has grown by 6.23%.
- FULT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.58% yearly.
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.
- The Revenue is expected to grow by 11.41% on average over the next years. This is quite good.
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.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 9.67, which indicates a very decent valuation of FULT.
- 85.64% of the companies in the same industry are more expensive than FULT, based on the Price/Earnings ratio.
- FULT is valuated cheaply when we compare the Price/Earnings ratio to 27.25, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 9.64, which indicates a very decent valuation of FULT.
- Based on the Price/Forward Earnings ratio, FULT is valued a bit cheaper than 65.54% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of FULT to the average of the S&P500 Index (25.98), we can say FULT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.67 | ||
| Fwd PE | 9.64 |
4.2 Price Multiples
- FULT's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.11 | ||
| 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)37.23
PEG (5Y)0.67
EPS Next 2Y5.52%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 6.77%, FULT is a good candidate for dividend investing.
- FULT's Dividend Yield is rather good when compared to the industry average which is at 2.64. FULT pays more dividend than 96.61% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, FULT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.77% |
5.2 History
- On average, the dividend of FULT grows each year by 6.62%, which is quite nice.
- 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
- 40.37% 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 slower than its dividend. 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 9.67 and the Price/Book (PB) ratio is 1.08.
How sustainable is the dividend of FULTON FINANCIAL CORP (FULT) stock?
The dividend rating of FULTON FINANCIAL CORP (FULT) is 6 / 10 and the dividend payout ratio is 40.37%.