WORLD FUEL SERVICES CORP (INT) Stock Fundamental Analysis
USA - NYSE:INT - US9814751064 - Common Stock
24.26 USD
+0.17 (+0.71%)
24.26 USD
0 (0%)
INT gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 210 industry peers in the Oil, Gas & Consumable Fuels industry. INT scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. INT has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
INT had positive earnings in the past year.
In the past year INT had a positive cash flow from operations.
Each year in the past 5 years INT has been profitable.
Of the past 5 years INT 4 years had a positive operating cash flow.
1.2 Ratios
INT has a worse Return On Assets (1.48%) than 75.34% of its industry peers.
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.
With a Return On Invested Capital value of 6.85%, INT is not doing good in the industry: 65.47% of the companies in the same industry are doing better.
INT had an Average Return On Invested Capital over the past 3 years of 4.95%. This is significantly below the industry average of 21.90%.
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
INT's Profit Margin of 0.19% is on the low side compared to the rest of the industry. INT is outperformed by 81.17% of its industry peers.
In the last couple of years the Profit Margin of INT has declined.
With a Operating Margin value of 0.50%, INT is not doing good in the industry: 83.41% of the companies in the same industry are doing better.
INT's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 1.89%, INT is doing worse than 82.96% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so INT is destroying value.
INT has more shares outstanding than it did 1 year ago.
Compared to 1 year ago, INT has a worse debt to assets ratio.
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.
INT has a Debt to FCF ratio (2.66) which is comparable to the rest of the industry.
INT has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
INT has a Debt to Equity ratio of 0.35. This is comparable to the rest of the industry: INT outperforms 58.30% of its industry peers.
| 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.
Looking at the Current ratio, with a value of 1.11, INT is in line with its industry, outperforming 45.29% of the companies in the same 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 has a Quick ratio (0.96) which is in line with 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.
INT shows a strong growth in Revenue. In the last year, the Revenue has grown by 56.62%.
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
INT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.22% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
Based on the Price/Earnings ratio of 12.25, the valuation of INT can be described as correct.
INT's Price/Earnings ratio is a bit more expensive when compared to the industry. INT is more expensive than 65.47% of the companies in the same industry.
When comparing the Price/Earnings ratio of INT to the average of the S&P500 Index (27.27), we can say INT is valued rather cheaply.
With a Price/Forward Earnings ratio of 9.53, the valuation of INT can be described as very reasonable.
INT's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of INT to the average of the S&P500 Index (22.77), we can say INT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.25 | ||
| Fwd PE | 9.53 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of INT is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, INT is valued a bit cheaper than the industry average as 65.47% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.53 | ||
| EV/EBITDA | 5.01 |
4.3 Compensation for Growth
INT's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
INT's earnings are expected to grow with 14.22% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.77
PEG (5Y)6.21
EPS Next 2Y11.7%
EPS Next 3Y14.22%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.47%, INT has a reasonable but not impressive dividend return.
INT's Dividend Yield is comparable with the industry average which is at 6.15.
Compared to an average S&P500 Dividend Yield of 2.38, INT has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.47% |
5.2 History
On average, the dividend of INT grows each year by 17.57%, which is quite nice.
INT has paid a dividend for at least 10 years, which is 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
29.11% of the earnings are spent on dividend by INT. This is a low number and sustainable payout ratio.
INT's earnings are growing slower than its dividend. 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 Change0.81%
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