WILLSCOT HOLDINGS CORP (WSC)
US9713781048 - Common Stock
We assign a fundamental rating of 4 out of 10 to WSC. WSC was compared to 44 industry peers in the Construction & Engineering industry. WSC scores excellent on profitability, but there are concerns on its financial health. WSC is not priced too expensively while it is growing strongly. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
WSC had positive earnings in the past year.
WSC had a positive operating cash flow in the past year.
Of the past 5 years WSC 4 years were profitable.
WSC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.42%, WSC is doing worse than 61.90% of the companies in the same industry.
Looking at the Return On Equity, with a value of 2.39%, WSC is in line with its industry, outperforming 40.48% of the companies in the same industry.
WSC's Return On Invested Capital of 8.25% is fine compared to the rest of the industry. WSC outperforms 66.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for WSC is below the industry average of 11.66%.
The 3 year average ROIC (7.18%) for WSC is below the current ROIC(8.25%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.42% | ||
| ROE | 2.39% | ||
| ROIC | 8.25% |
ROA(3y)5.45%
ROA(5y)2.71%
ROE(3y)22.49%
ROE(5y)10.47%
ROIC(3y)7.18%
ROIC(5y)5.81%
1.3 Margins
Looking at the Profit Margin, with a value of 1.05%, WSC is in line with its industry, outperforming 42.86% of the companies in the same industry.
In the last couple of years the Profit Margin of WSC has grown nicely.
Looking at the Operating Margin, with a value of 24.91%, WSC belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Operating Margin of WSC has grown nicely.
WSC has a Gross Margin of 54.40%. This is amongst the best in the industry. WSC outperforms 100.00% of its industry peers.
In the last couple of years the Gross Margin of WSC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.91% | ||
| PM (TTM) | 1.05% | ||
| GM | 54.4% |
OM growth 3Y13.4%
OM growth 5Y53.32%
PM growth 3Y51.27%
PM growth 5YN/A
GM growth 3Y5.68%
GM growth 5Y7.93%
2. Health
2.1 Basic Checks
WSC 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, WSC has less shares outstanding
WSC has more shares outstanding than it did 5 years ago.
WSC has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.26, we must say that WSC is in the distress zone and has some risk of bankruptcy.
WSC's Altman-Z score of 1.26 is on the low side compared to the rest of the industry. WSC is outperformed by 73.81% of its industry peers.
The Debt to FCF ratio of WSC is 11.62, which is on the high side as it means it would take WSC, 11.62 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 11.62, WSC is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
WSC has a Debt/Equity ratio of 3.42. This is a high value indicating a heavy dependency on external financing.
WSC has a Debt to Equity ratio of 3.42. This is amonst the worse of the industry: WSC underperforms 88.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.42 | ||
| Debt/FCF | 11.62 | ||
| Altman-Z | 1.26 |
ROIC/WACC0.73
WACC11.23%
2.3 Liquidity
A Current Ratio of 0.90 indicates that WSC may have some problems paying its short term obligations.
WSC has a worse Current ratio (0.90) than 85.71% of its industry peers.
WSC has a Quick Ratio of 0.90. This is a bad value and indicates that WSC is not financially healthy enough and could expect problems in meeting its short term obligations.
WSC's Quick ratio of 0.82 is on the low side compared to the rest of the industry. WSC is outperformed by 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 8.48% over the past year.
Measured over the past years, WSC shows a very strong growth in Earnings Per Share. The EPS has been growing by 70.66% on average per year.
The Revenue has been growing slightly by 6.31% in the past year.
The Revenue has been growing by 25.77% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)8.48%
EPS 3Y70.66%
EPS 5YN/A
EPS Q2Q%26.09%
Revenue 1Y (TTM)6.31%
Revenue growth 3Y22.93%
Revenue growth 5Y25.77%
Sales Q2Q%-0.56%
3.2 Future
The Earnings Per Share is expected to grow by 26.17% on average over the next years. This is a very strong growth
WSC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.47% yearly.
EPS Next Y-78.09%
EPS Next 2Y5.52%
EPS Next 3Y11.23%
EPS Next 5Y26.17%
Revenue Next Year1.29%
Revenue Next 2Y2.04%
Revenue Next 3Y4.8%
Revenue Next 5Y15.47%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
WSC is valuated rather expensively with a Price/Earnings ratio of 18.81.
Compared to the rest of the industry, the Price/Earnings ratio of WSC indicates a rather cheap valuation: WSC is cheaper than 90.48% of the companies listed in the same industry.
WSC is valuated rather cheaply when we compare the Price/Earnings ratio to 27.17, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 17.89 indicates a rather expensive valuation of WSC.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WSC indicates a somewhat cheap valuation: WSC is cheaper than 69.05% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.59, WSC is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.81 | ||
| Fwd PE | 17.89 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WSC is valued cheaply inside the industry as 88.10% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, WSC is valued a bit cheaper than 64.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.9 | ||
| EV/EBITDA | 9.99 |
4.3 Compensation for Growth
The decent profitability rating of WSC may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y5.52%
EPS Next 3Y11.23%
5. Dividend
5.1 Amount
WSC does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
WILLSCOT HOLDINGS CORP
NASDAQ:WSC (1/2/2025, 10:40:06 AM)
33.6659
+0.22 (+0.65%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners104.1%
Inst Owner Change3.68%
Ins Owners1.04%
Ins Owner Change-0.11%
Market Cap6.22B
Analysts76.92
Price Target44.99 (33.64%)
Short Float %7.16%
Short Ratio4.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)39.75%
Min EPS beat(2)20.54%
Max EPS beat(2)58.96%
EPS beat(4)2
Avg EPS beat(4)12.34%
Min EPS beat(4)-16.66%
Max EPS beat(4)58.96%
EPS beat(8)5
Avg EPS beat(8)8.85%
EPS beat(12)8
Avg EPS beat(12)11.61%
EPS beat(16)10
Avg EPS beat(16)2.61%
Revenue beat(2)0
Avg Revenue beat(2)-3.13%
Min Revenue beat(2)-3.62%
Max Revenue beat(2)-2.63%
Revenue beat(4)1
Avg Revenue beat(4)-2.09%
Min Revenue beat(4)-3.62%
Max Revenue beat(4)0.07%
Revenue beat(8)2
Avg Revenue beat(8)-2.64%
Revenue beat(12)2
Avg Revenue beat(12)-4.68%
Revenue beat(16)3
Avg Revenue beat(16)-5.26%
PT rev (1m)2.58%
PT rev (3m)-5.7%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-21.11%
EPS NY rev (1m)0%
EPS NY rev (3m)-66.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-9.07%
Revenue NY rev (1m)0.21%
Revenue NY rev (3m)-2.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.81 | ||
| Fwd PE | 17.89 | ||
| P/S | 2.59 | ||
| P/FCF | 19.9 | ||
| P/OCF | 10.33 | ||
| P/B | 5.9 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.99 |
EPS(TTM)1.79
EY5.32%
EPS(NY)1.88
Fwd EY5.59%
FCF(TTM)1.69
FCFY5.02%
OCF(TTM)3.26
OCFY9.68%
SpS13.02
BVpS5.71
TBVpS-2.07
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.42% | ||
| ROE | 2.39% | ||
| ROCE | 11.1% | ||
| ROIC | 8.25% | ||
| ROICexc | 8.27% | ||
| ROICexgc | 11.27% | ||
| OM | 24.91% | ||
| PM (TTM) | 1.05% | ||
| GM | 54.4% | ||
| FCFM | 12.99% |
ROA(3y)5.45%
ROA(5y)2.71%
ROE(3y)22.49%
ROE(5y)10.47%
ROIC(3y)7.18%
ROIC(5y)5.81%
ROICexc(3y)7.19%
ROICexc(5y)5.82%
ROICexgc(3y)10.1%
ROICexgc(5y)8.05%
ROCE(3y)9.66%
ROCE(5y)7.82%
ROICexcg growth 3Y32.81%
ROICexcg growth 5Y69.72%
ROICexc growth 3Y35.4%
ROICexc growth 5Y63.98%
OM growth 3Y13.4%
OM growth 5Y53.32%
PM growth 3Y51.27%
PM growth 5YN/A
GM growth 3Y5.68%
GM growth 5Y7.93%
F-Score5
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.42 | ||
| Debt/FCF | 11.62 | ||
| Debt/EBITDA | 3.68 | ||
| Cap/Depr | 75.86% | ||
| Cap/Sales | 12.04% | ||
| Interest Coverage | 3.13 | ||
| Cash Conversion | 61.38% | ||
| Profit Quality | 1238.19% | ||
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z | 1.26 |
F-Score5
WACC11.23%
ROIC/WACC0.73
Cap/Depr(3y)104.14%
Cap/Depr(5y)100.31%
Cap/Sales(3y)17.24%
Cap/Sales(5y)17.32%
Profit Quality(3y)109.22%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.48%
EPS 3Y70.66%
EPS 5YN/A
EPS Q2Q%26.09%
EPS Next Y-78.09%
EPS Next 2Y5.52%
EPS Next 3Y11.23%
EPS Next 5Y26.17%
Revenue 1Y (TTM)6.31%
Revenue growth 3Y22.93%
Revenue growth 5Y25.77%
Sales Q2Q%-0.56%
Revenue Next Year1.29%
Revenue Next 2Y2.04%
Revenue Next 3Y4.8%
Revenue Next 5Y15.47%
EBIT growth 1Y-8.48%
EBIT growth 3Y39.41%
EBIT growth 5Y92.83%
EBIT Next Year50.49%
EBIT Next 3Y18.86%
EBIT Next 5YN/A
FCF growth 1Y63.38%
FCF growth 3Y64.04%
FCF growth 5YN/A
OCF growth 1Y-13%
OCF growth 3Y35.68%
OCF growth 5Y82.99%