WORLD KINECT CORP (WKC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:WKC - US9814751064 - Common Stock
24.22 USD
+0.18 (+0.75%)
24.22 USD
0 (0%)
Taking everything into account, WKC scores 4 out of 10 in our fundamental rating. WKC was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. While WKC seems to be doing ok healthwise, there are quite some concerns on its profitability. WKC has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year WKC was profitable.
WKC had a positive operating cash flow in the past year.
Each year in the past 5 years WKC has been profitable.
In the past 5 years WKC always reported a positive cash flow from operatings.
1.2 Ratios
WKC has a Return On Assets of -7.21%. This is in the lower half of the industry: WKC underperforms 79.43% of its industry peers.
WKC's Return On Equity of -27.00% is on the low side compared to the rest of the industry. WKC is outperformed by 80.38% of its industry peers.
The Return On Invested Capital of WKC (6.19%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for WKC is significantly below the industry average of 20.87%.
The 3 year average ROIC (5.64%) for WKC is below the current ROIC(6.19%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.21% | ||
| ROE | -27% | ||
| ROIC | 6.19% |
ROA(3y)1.04%
ROA(5y)1.36%
ROE(3y)3.98%
ROE(5y)4.31%
ROIC(3y)5.64%
ROIC(5y)5.14%
1.3 Margins
WKC's Profit Margin has declined in the last couple of years.
WKC has a Operating Margin of 0.63%. This is in the lower half of the industry: WKC underperforms 74.16% of its industry peers.
WKC's Operating Margin has declined in the last couple of years.
The Gross Margin of WKC (2.58%) is worse than 77.51% of its industry peers.
In the last couple of years the Gross Margin of WKC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.63% | ||
| PM (TTM) | N/A | ||
| GM | 2.58% |
OM growth 3Y5.98%
OM growth 5Y-7.61%
PM growth 3Y-12.2%
PM growth 5Y-19.95%
GM growth 3Y-1.08%
GM growth 5Y-4.22%
2. Health
2.1 Basic Checks
WKC 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, WKC has less shares outstanding
The number of shares outstanding for WKC has been reduced compared to 5 years ago.
The debt/assets ratio for WKC is higher compared to a year ago.
2.2 Solvency
WKC has an Altman-Z score of 6.99. This indicates that WKC is financially healthy and has little risk of bankruptcy at the moment.
WKC has a Altman-Z score of 6.99. This is amongst the best in the industry. WKC outperforms 92.34% of its industry peers.
WKC has a debt to FCF ratio of 2.51. This is a good value and a sign of high solvency as WKC would need 2.51 years to pay back of all of its debts.
The Debt to FCF ratio of WKC (2.51) is better than 79.43% of its industry peers.
WKC has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.47, WKC is in line with its industry, outperforming 49.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 2.51 | ||
| Altman-Z | 6.99 |
ROIC/WACC0.61
WACC10.19%
2.3 Liquidity
WKC has a Current Ratio of 1.15. This is a normal value and indicates that WKC is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.15, WKC perfoms like the industry average, outperforming 50.72% of the companies in the same industry.
WKC has a Quick Ratio of 1.15. This is a bad value and indicates that WKC is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.99, WKC is in line with its industry, outperforming 51.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.69% over the past year.
Measured over the past years, WKC shows a decrease in Earnings Per Share. The EPS has been decreasing by -5.33% on average per year.
Looking at the last year, WKC shows a very negative growth in Revenue. The Revenue has decreased by -15.23% in the last year.
WKC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.75% yearly.
EPS 1Y (TTM)5.69%
EPS 3Y17.21%
EPS 5Y-5.33%
EPS Q2Q%-12.9%
Revenue 1Y (TTM)-15.23%
Revenue growth 3Y10.4%
Revenue growth 5Y2.75%
Sales Q2Q%-10.48%
3.2 Future
The Earnings Per Share is expected to decrease by -0.90% on average over the next years.
The Revenue is expected to decrease by -6.18% on average over the next years.
EPS Next Y-4.07%
EPS Next 2Y5.35%
EPS Next 3Y-0.9%
EPS Next 5YN/A
Revenue Next Year-13.22%
Revenue Next 2Y-6.32%
Revenue Next 3Y-6.18%
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
A Price/Earnings ratio of 10.86 indicates a reasonable valuation of WKC.
WKC's Price/Earnings ratio is a bit cheaper when compared to the industry. WKC is cheaper than 75.60% of the companies in the same industry.
WKC is valuated cheaply when we compare the Price/Earnings ratio to 26.54, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 9.96, the valuation of WKC can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WKC indicates a somewhat cheap valuation: WKC is cheaper than 75.60% of the companies listed in the same industry.
WKC is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.78, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.86 | ||
| Fwd PE | 9.96 |
4.2 Price Multiples
WKC's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. WKC is cheaper than 76.08% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, WKC is valued cheaply inside the industry as 93.30% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.25 | ||
| EV/EBITDA | 4.86 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y5.35%
EPS Next 3Y-0.9%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.09%, WKC has a reasonable but not impressive dividend return.
WKC's Dividend Yield is comparable with the industry average which is at 5.59.
WKC's Dividend Yield is a higher than the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.09% |
5.2 History
The dividend of WKC is nicely growing with an annual growth rate of 15.67%!
WKC has paid a dividend for at least 10 years, which is a reliable track record.
WKC has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)15.67%
Div Incr Years6
Div Non Decr Years23
5.3 Sustainability
The earnings of WKC are negative and hence is the payout ratio. WKC will probably not be able to sustain this dividend level.
DP-9.23%
EPS Next 2Y5.35%
EPS Next 3Y-0.9%
24.22
+0.18 (+0.75%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners110.17%
Inst Owner ChangeN/A
Ins Owners3.85%
Ins Owner Change0.16%
Market Cap1.35B
Revenue(TTM)37.65B
Net Income(TTM)-436.80M
Analysts46
Price Target29.24 (20.73%)
Short Float %8.31%
Short Ratio7.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.09% |
Yearly Dividend0.66
Dividend Growth(5Y)15.67%
DP-9.23%
Div Incr Years6
Div Non Decr Years23
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.5%
Min EPS beat(2)-11.87%
Max EPS beat(2)20.86%
EPS beat(4)3
Avg EPS beat(4)9.46%
Min EPS beat(4)-11.87%
Max EPS beat(4)22.77%
EPS beat(8)4
Avg EPS beat(8)4.98%
EPS beat(12)7
Avg EPS beat(12)4.33%
EPS beat(16)11
Avg EPS beat(16)8.95%
Revenue beat(2)0
Avg Revenue beat(2)-2.42%
Min Revenue beat(2)-3.98%
Max Revenue beat(2)-0.86%
Revenue beat(4)0
Avg Revenue beat(4)-5.47%
Min Revenue beat(4)-10.63%
Max Revenue beat(4)-0.86%
Revenue beat(8)0
Avg Revenue beat(8)-6.6%
Revenue beat(12)1
Avg Revenue beat(12)-6.42%
Revenue beat(16)4
Avg Revenue beat(16)-0.34%
PT rev (1m)0%
PT rev (3m)1.18%
EPS NQ rev (1m)1.08%
EPS NQ rev (3m)-17.54%
EPS NY rev (1m)0.24%
EPS NY rev (3m)-7.56%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.05%
Revenue NY rev (1m)-0.45%
Revenue NY rev (3m)-0.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.86 | ||
| Fwd PE | 9.96 | ||
| P/S | 0.04 | ||
| P/FCF | 4.25 | ||
| P/OCF | 3.55 | ||
| P/B | 0.83 | ||
| P/tB | 2.43 | ||
| EV/EBITDA | 4.86 |
EPS(TTM)2.23
EY9.21%
EPS(NY)2.43
Fwd EY10.04%
FCF(TTM)5.7
FCFY23.52%
OCF(TTM)6.82
OCFY28.14%
SpS677.61
BVpS29.12
TBVpS9.96
PEG (NY)N/A
PEG (5Y)N/A
Graham Number38.22
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.21% | ||
| ROE | -27% | ||
| ROCE | 8.16% | ||
| ROIC | 6.19% | ||
| ROICexc | 7.39% | ||
| ROICexgc | 13.13% | ||
| OM | 0.63% | ||
| PM (TTM) | N/A | ||
| GM | 2.58% | ||
| FCFM | 0.84% |
ROA(3y)1.04%
ROA(5y)1.36%
ROE(3y)3.98%
ROE(5y)4.31%
ROIC(3y)5.64%
ROIC(5y)5.14%
ROICexc(3y)6.25%
ROICexc(5y)6.04%
ROICexgc(3y)12.39%
ROICexgc(5y)15.33%
ROCE(3y)7.44%
ROCE(5y)6.78%
ROICexgc growth 3Y-12.23%
ROICexgc growth 5Y-9.09%
ROICexc growth 3Y6.47%
ROICexc growth 5Y-6.88%
OM growth 3Y5.98%
OM growth 5Y-7.61%
PM growth 3Y-12.2%
PM growth 5Y-19.95%
GM growth 3Y-1.08%
GM growth 5Y-4.22%
F-Score4
Asset Turnover6.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 2.51 | ||
| Debt/EBITDA | 2.25 | ||
| Cap/Depr | 59.81% | ||
| Cap/Sales | 0.17% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 110.99% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.99 | ||
| Altman-Z | 6.99 |
F-Score4
WACC10.19%
ROIC/WACC0.61
Cap/Depr(3y)73.61%
Cap/Depr(5y)65.8%
Cap/Sales(3y)0.16%
Cap/Sales(5y)0.17%
Profit Quality(3y)228.19%
Profit Quality(5y)273.61%
High Growth Momentum
Growth
EPS 1Y (TTM)5.69%
EPS 3Y17.21%
EPS 5Y-5.33%
EPS Q2Q%-12.9%
EPS Next Y-4.07%
EPS Next 2Y5.35%
EPS Next 3Y-0.9%
EPS Next 5YN/A
Revenue 1Y (TTM)-15.23%
Revenue growth 3Y10.4%
Revenue growth 5Y2.75%
Sales Q2Q%-10.48%
Revenue Next Year-13.22%
Revenue Next 2Y-6.32%
Revenue Next 3Y-6.18%
Revenue Next 5YN/A
EBIT growth 1Y10.69%
EBIT growth 3Y17.01%
EBIT growth 5Y-5.07%
EBIT Next Year38.41%
EBIT Next 3Y16.02%
EBIT Next 5YN/A
FCF growth 1Y269.31%
FCF growth 3Y12.73%
FCF growth 5Y5.34%
OCF growth 1Y115.17%
OCF growth 3Y14.52%
OCF growth 5Y2.59%
WORLD KINECT CORP / WKC FAQ
Can you provide the ChartMill fundamental rating for WORLD KINECT CORP?
ChartMill assigns a fundamental rating of 4 / 10 to WKC.
What is the valuation status of WORLD KINECT CORP (WKC) stock?
ChartMill assigns a valuation rating of 6 / 10 to WORLD KINECT CORP (WKC). This can be considered as Fairly Valued.
What is the profitability of WKC stock?
WORLD KINECT CORP (WKC) has a profitability rating of 3 / 10.
What is the financial health of WORLD KINECT CORP (WKC) stock?
The financial health rating of WORLD KINECT CORP (WKC) is 5 / 10.
How sustainable is the dividend of WORLD KINECT CORP (WKC) stock?
The dividend rating of WORLD KINECT CORP (WKC) is 5 / 10 and the dividend payout ratio is -9.23%.