WORLD KINECT CORP (WKC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:WKC - US9814751064 - Common Stock
23.69 USD
-0.1 (-0.42%)
23.69 USD
0 (0%)
WKC 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. The financial health of WKC is average, but there are quite some concerns on its profitability. WKC is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
WKC had positive earnings in the past year.
WKC had a positive operating cash flow in the past year.
WKC had positive earnings in each of the past 5 years.
WKC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
WKC has a Return On Assets of -7.21%. This is in the lower half of the industry: WKC underperforms 79.05% of its industry peers.
Looking at the Return On Equity, with a value of -27.00%, WKC is doing worse than 80.48% of the companies in the same industry.
WKC's Return On Invested Capital of 6.19% is in line compared to the rest of the industry. WKC outperforms 54.76% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for WKC is significantly below the industry average of 21.41%.
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
In the last couple of years the Profit Margin of WKC has declined.
WKC has a Operating Margin of 0.63%. This is in the lower half of the industry: WKC underperforms 74.29% of its industry peers.
In the last couple of years the Operating Margin of WKC has declined.
WKC has a Gross Margin of 2.58%. This is in the lower half of the industry: WKC underperforms 77.14% 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), WKC is destroying value.
Compared to 1 year ago, WKC has less shares outstanding
Compared to 5 years ago, WKC has less shares outstanding
The debt/assets ratio for WKC is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 6.99 indicates that WKC is not in any danger for bankruptcy at the moment.
The Altman-Z score of WKC (6.99) is better than 92.86% of its industry peers.
The Debt to FCF ratio of WKC is 2.51, which is a good value as it means it would take WKC, 2.51 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.51, WKC is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
WKC has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
WKC has a Debt to Equity ratio (0.47) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 2.51 | ||
| Altman-Z | 6.99 |
ROIC/WACC0.6
WACC10.23%
2.3 Liquidity
A Current Ratio of 1.15 indicates that WKC should not have too much problems paying its short term obligations.
WKC's Current ratio of 1.15 is in line compared to the rest of the industry. WKC outperforms 51.43% of its industry peers.
A Quick Ratio of 0.99 indicates that WKC may have some problems paying its short term obligations.
WKC's Quick ratio of 0.99 is in line compared to the rest of the industry. WKC outperforms 52.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
WKC shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.69%.
The Earnings Per Share has been decreasing by -5.33% on average over the past years.
The Revenue for WKC has decreased by -15.23% in the past year. This is quite bad
Measured over the past years, WKC shows a small growth in Revenue. The Revenue has been growing by 2.75% on average per year.
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
Based on estimates for the next years, WKC will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.61% on average per year.
Based on estimates for the next years, WKC will show a decrease in Revenue. The Revenue will decrease by -4.85% on average per year.
EPS Next Y-4.3%
EPS Next 2Y10.24%
EPS Next 3Y13.61%
EPS Next 5YN/A
Revenue Next Year-12.83%
Revenue Next 2Y-4.99%
Revenue Next 3Y-4.85%
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 10.62, which indicates a very decent valuation of WKC.
Based on the Price/Earnings ratio, WKC is valued a bit cheaper than 75.71% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.15, WKC is valued rather cheaply.
The Price/Forward Earnings ratio is 8.90, which indicates a very decent valuation of WKC.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WKC indicates a somewhat cheap valuation: WKC is cheaper than 79.52% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of WKC to the average of the S&P500 Index (36.12), we can say WKC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.62 | ||
| Fwd PE | 8.9 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WKC indicates a somewhat cheap valuation: WKC is cheaper than 76.67% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, WKC is valued cheaper than 94.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.16 | ||
| EV/EBITDA | 4.8 |
4.3 Compensation for Growth
WKC's earnings are expected to grow with 13.61% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y10.24%
EPS Next 3Y13.61%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.09%, WKC has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 5.90, WKC has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, WKC pays a bit more dividend than the S&P500 average.
| 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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
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.
WKC's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP-9.23%
EPS Next 2Y10.24%
EPS Next 3Y13.61%
23.69
-0.1 (-0.42%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners113.66%
Inst Owner ChangeN/A
Ins Owners3.82%
Ins Owner Change2.83%
Market Cap1.32B
Revenue(TTM)37.65B
Net Income(TTM)-436.80M
Analysts46
Price Target29.24 (23.43%)
Short Float %7.72%
Short Ratio5.86
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)1.18%
PT rev (3m)1.18%
EPS NQ rev (1m)-18.42%
EPS NQ rev (3m)-18.42%
EPS NY rev (1m)-7.78%
EPS NY rev (3m)-7.78%
Revenue NQ rev (1m)1.05%
Revenue NQ rev (3m)1.05%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)-0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.62 | ||
| Fwd PE | 8.9 | ||
| P/S | 0.03 | ||
| P/FCF | 4.16 | ||
| P/OCF | 3.47 | ||
| P/B | 0.81 | ||
| P/tB | 2.38 | ||
| EV/EBITDA | 4.8 |
EPS(TTM)2.23
EY9.41%
EPS(NY)2.66
Fwd EY11.23%
FCF(TTM)5.7
FCFY24.05%
OCF(TTM)6.82
OCFY28.78%
SpS677.86
BVpS29.13
TBVpS9.97
PEG (NY)N/A
PEG (5Y)N/A
Graham Number38.23
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
WACC10.23%
ROIC/WACC0.6
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-4.3%
EPS Next 2Y10.24%
EPS Next 3Y13.61%
EPS Next 5YN/A
Revenue 1Y (TTM)-15.23%
Revenue growth 3Y10.4%
Revenue growth 5Y2.75%
Sales Q2Q%-10.48%
Revenue Next Year-12.83%
Revenue Next 2Y-4.99%
Revenue Next 3Y-4.85%
Revenue Next 5YN/A
EBIT growth 1Y10.69%
EBIT growth 3Y17.01%
EBIT growth 5Y-5.07%
EBIT Next Year40.39%
EBIT Next 3Y16.41%
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%.