WORLD FUEL SERVICES CORP (INT) Stock Fundamental Analysis
NYSE:INT - New York Stock Exchange, Inc. - US9814751064 - Common Stock - Currency: USD
Overall INT gets a fundamental rating of 4 out of 10. We evaluated INT against 211 industry peers in the Oil, Gas & Consumable Fuels industry. While INT seems to be doing ok healthwise, there are quite some concerns on its profitability. INT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year INT was profitable.
In the past year INT had a positive cash flow from operations.
In the past 5 years INT has always been profitable.
Of the past 5 years INT 4 years had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 1.48%, INT is not doing good in the industry: 75.34% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of 5.51%, INT is doing worse than 72.20% of the companies in the same industry.
INT has a worse Return On Invested Capital (6.85%) than 65.47% of its industry peers.
INT had an Average Return On Invested Capital over the past 3 years of 4.95%. This is significantly below the industry average of 23.79%.
The last Return On Invested Capital (6.85%) for INT is above the 3 year average (4.95%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.48% | ||
| ROE | 5.51% | ||
| ROIC | 6.85% |
ROA(3y)1.69%
ROA(5y)2.06%
ROE(3y)5.12%
ROE(5y)6.38%
ROIC(3y)4.95%
ROIC(5y)6.27%
1.3 Margins
Looking at the Profit Margin, with a value of 0.19%, INT is doing worse than 81.17% of the companies in the same industry.
INT's Profit Margin has declined in the last couple of years.
INT has a worse Operating Margin (0.50%) than 83.41% of its industry peers.
In the last couple of years the Operating Margin of INT has declined.
INT has a worse Gross Margin (1.89%) than 82.96% of its industry peers.
In the last couple of years the Gross Margin of INT has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.5% | ||
| PM (TTM) | 0.19% | ||
| GM | 1.89% |
OM growth 3Y-18.97%
OM growth 5Y-4.68%
PM growth 3Y-26.47%
PM growth 5YN/A
GM growth 3Y-15.16%
GM growth 5Y-7.78%
2. Health
2.1 Basic Checks
INT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, INT has more shares outstanding
INT has a worse debt/assets ratio than last year.
2.2 Solvency
INT has an Altman-Z score of 8.64. This indicates that INT is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 8.64, INT belongs to the top of the industry, outperforming 92.83% of the companies in the same industry.
The Debt to FCF ratio of INT is 2.66, which is a good value as it means it would take INT, 2.66 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 2.66, INT perfoms like the industry average, outperforming 58.74% of the companies in the same industry.
A Debt/Equity ratio of 0.35 indicates that INT is not too dependend on debt financing.
INT has a Debt to Equity ratio (0.35) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 2.66 | ||
| Altman-Z | 8.64 |
ROIC/WACC0.61
WACC11.17%
2.3 Liquidity
A Current Ratio of 1.11 indicates that INT should not have too much problems paying its short term obligations.
INT has a Current ratio (1.11) which is comparable to the rest of the industry.
INT has a Quick Ratio of 1.11. This is a bad value and indicates that INT is not financially healthy enough and could expect problems in meeting its short term obligations.
INT's Quick ratio of 0.96 is in line compared to the rest of the industry. INT outperforms 46.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.96 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 36.55% over the past year.
Measured over the past 5 years, INT shows a small growth in Earnings Per Share. The EPS has been growing by 1.97% on average per year.
The Revenue has grown by 56.62% in the past year. This is a very strong growth!
INT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.87% yearly.
EPS 1Y (TTM)36.55%
EPS 3Y-10.86%
EPS 5Y1.97%
EPS Q2Q%-14.29%
Revenue 1Y (TTM)56.62%
Revenue growth 3Y17.05%
Revenue growth 5Y11.87%
Sales Q2Q%0.8%
3.2 Future
Based on estimates for the next years, INT will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.22% on average per year.
The Revenue is expected to decrease by -4.18% on average over the next years.
EPS Next Y6.94%
EPS Next 2Y11.7%
EPS Next 3Y14.22%
EPS Next 5YN/A
Revenue Next Year-11.76%
Revenue Next 2Y-9.14%
Revenue Next 3Y-4.18%
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 12.25, which indicates a correct valuation of INT.
65.47% of the companies in the same industry are cheaper than INT, based on the Price/Earnings ratio.
INT's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.30.
The Price/Forward Earnings ratio is 9.53, which indicates a very decent valuation of INT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of INT is on the same level as its industry peers.
INT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.25 | ||
| Fwd PE | 9.53 |
4.2 Price Multiples
INT's Enterprise Value to EBITDA is on the same level as the industry average.
65.47% of the companies in the same industry are more expensive than INT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.53 | ||
| EV/EBITDA | 5.01 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as INT's earnings are expected to grow with 14.22% in the coming years.
PEG (NY)1.77
PEG (5Y)6.21
EPS Next 2Y11.7%
EPS Next 3Y14.22%
5. Dividend
5.1 Amount
INT has a Yearly Dividend Yield of 2.47%.
INT's Dividend Yield is comparable with the industry average which is at 6.51.
INT's Dividend Yield is comparable with the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.47% |
5.2 History
The dividend of INT is nicely growing with an annual growth rate of 17.57%!
INT has been paying a dividend for at least 10 years, so it has a reliable track record.
INT has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)17.57%
Div Incr Years4
Div Non Decr Years12
5.3 Sustainability
INT pays out 29.11% of its income as dividend. This is a sustainable payout ratio.
The dividend of INT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP29.11%
EPS Next 2Y11.7%
EPS Next 3Y14.22%
24.26
+0.17 (+0.71%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners102.17%
Inst Owner Change0%
Ins Owners0.72%
Ins Owner Change0%
Market Cap1.51B
Analysts86.67
Price Target32.64 (34.54%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.47% |
Yearly Dividend0.52
Dividend Growth(5Y)17.57%
DP29.11%
Div Incr Years4
Div Non Decr Years12
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.61%
Min EPS beat(2)1.84%
Max EPS beat(2)11.39%
EPS beat(4)4
Avg EPS beat(4)14.21%
Min EPS beat(4)1.84%
Max EPS beat(4)39.98%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-3.7%
Min Revenue beat(2)-4.44%
Max Revenue beat(2)-2.95%
Revenue beat(4)1
Avg Revenue beat(4)7.67%
Min Revenue beat(4)-4.44%
Max Revenue beat(4)40.22%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-8.57%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.33%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.72%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.25 | ||
| Fwd PE | 9.53 | ||
| P/S | 0.03 | ||
| P/FCF | 5.53 | ||
| P/OCF | 4.26 | ||
| P/B | 0.75 | ||
| P/tB | 3.37 | ||
| EV/EBITDA | 5.01 |
EPS(TTM)1.98
EY8.16%
EPS(NY)2.55
Fwd EY10.49%
FCF(TTM)4.39
FCFY18.1%
OCF(TTM)5.69
OCFY23.45%
SpS951.93
BVpS32.32
TBVpS7.19
PEG (NY)1.77
PEG (5Y)6.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.48% | ||
| ROE | 5.51% | ||
| ROCE | N/A | ||
| ROIC | 6.85% | ||
| ROICexc | 7.33% | ||
| ROICexgc | 14.69% | ||
| OM | 0.5% | ||
| PM (TTM) | 0.19% | ||
| GM | 1.89% | ||
| FCFM | N/A |
ROA(3y)1.69%
ROA(5y)2.06%
ROE(3y)5.12%
ROE(5y)6.38%
ROIC(3y)4.95%
ROIC(5y)6.27%
ROICexc(3y)6.02%
ROICexc(5y)7.17%
ROICexgc(3y)17.52%
ROICexgc(5y)18.31%
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y-15.77%
ROICexcg growth 5Y-0.75%
ROICexc growth 3Y-11.53%
ROICexc growth 5Y1.11%
OM growth 3Y-18.97%
OM growth 5Y-4.68%
PM growth 3Y-26.47%
PM growth 5YN/A
GM growth 3Y-15.16%
GM growth 5Y-7.78%
F-Score7
Asset Turnover7.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 2.66 | ||
| Debt/EBITDA | 1.8 | ||
| Cap/Depr | 75.85% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 246.66% | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.96 | ||
| Altman-Z | 8.64 |
F-Score7
WACC11.17%
ROIC/WACC0.61
Cap/Depr(3y)60.37%
Cap/Depr(5y)72.47%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)245.58%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)36.55%
EPS 3Y-10.86%
EPS 5Y1.97%
EPS Q2Q%-14.29%
EPS Next Y6.94%
EPS Next 2Y11.7%
EPS Next 3Y14.22%
EPS Next 5YN/A
Revenue 1Y (TTM)56.62%
Revenue growth 3Y17.05%
Revenue growth 5Y11.87%
Sales Q2Q%0.8%
Revenue Next Year-11.76%
Revenue Next 2Y-9.14%
Revenue Next 3Y-4.18%
Revenue Next 5YN/A
EBIT growth 1Y90.55%
EBIT growth 3Y-5.16%
EBIT growth 5Y6.63%
EBIT Next Year40.91%
EBIT Next 3Y17.3%
EBIT Next 5YN/A
FCF growth 1Y-58.8%
FCF growth 3Y-26.01%
FCF growth 5YN/A
OCF growth 1Y-49.36%
OCF growth 3Y-15.41%
OCF growth 5YN/A