XPEL INC (XPEL) Stock Fundamental Analysis
NASDAQ:XPEL - Nasdaq - US98379L1008 - Common Stock - Currency: USD
We assign a fundamental rating of 7 out of 10 to XPEL. XPEL was compared to 80 industry peers in the Automobile Components industry. XPEL gets an excellent profitability rating and is at the same time showing great financial health properties. XPEL shows excellent growth, but is valued quite expensive already. With these ratings, XPEL could be worth investigating further for growth and quality investing!.
1. Profitability
1.1 Basic Checks
In the past year XPEL was profitable.
XPEL had a positive operating cash flow in the past year.
XPEL had positive earnings in each of the past 5 years.
In the past 5 years XPEL always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 16.08%, XPEL belongs to the best of the industry, outperforming 98.75% of the companies in the same industry.
With an excellent Return On Equity value of 20.14%, XPEL belongs to the best of the industry, outperforming 96.25% of the companies in the same industry.
The Return On Invested Capital of XPEL (19.29%) is better than 97.50% of its industry peers.
XPEL had an Average Return On Invested Capital over the past 3 years of 23.42%. This is significantly above the industry average of 9.12%.
The 3 year average ROIC (23.42%) for XPEL is well above the current ROIC(19.29%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.08% | ||
| ROE | 20.14% | ||
| ROIC | 19.29% |
ROA(3y)19.43%
ROA(5y)19.95%
ROE(3y)27.57%
ROE(5y)30.88%
ROIC(3y)23.42%
ROIC(5y)25.18%
1.3 Margins
XPEL has a better Profit Margin (10.92%) than 98.75% of its industry peers.
In the last couple of years the Profit Margin of XPEL has remained more or less at the same level.
XPEL's Operating Margin of 14.06% is amongst the best of the industry. XPEL outperforms 97.50% of its industry peers.
XPEL's Operating Margin has been stable in the last couple of years.
The Gross Margin of XPEL (42.24%) is better than 96.25% of its industry peers.
XPEL's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.06% | ||
| PM (TTM) | 10.92% | ||
| GM | 42.24% |
OM growth 3Y-3.1%
OM growth 5Y1.34%
PM growth 3Y-3.89%
PM growth 5Y0.08%
GM growth 3Y5.67%
GM growth 5Y4.73%
2. Health
2.1 Basic Checks
XPEL has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
XPEL has about the same amout of shares outstanding than it did 1 year ago.
XPEL has about the same amout of shares outstanding than it did 5 years ago.
Compared to 1 year ago, XPEL has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 14.32 indicates that XPEL is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 14.32, XPEL belongs to the best of the industry, outperforming 95.00% of the companies in the same industry.
XPEL has a debt to FCF ratio of 0.00. This is a very positive value and a sign of high solvency as it would only need 0.00 years to pay back of all of its debts.
XPEL has a better Debt to FCF ratio (0.00) than 97.50% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that XPEL is not too dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.00, XPEL belongs to the best of the industry, outperforming 95.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 14.32 |
ROIC/WACC2.02
WACC9.56%
2.3 Liquidity
A Current Ratio of 4.29 indicates that XPEL has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 4.29, XPEL belongs to the top of the industry, outperforming 93.75% of the companies in the same industry.
A Quick Ratio of 1.51 indicates that XPEL should not have too much problems paying its short term obligations.
With an excellent Quick ratio value of 1.51, XPEL belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.29 | ||
| Quick Ratio | 1.51 |
3. Growth
3.1 Past
XPEL shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.57%.
The Earnings Per Share has been growing by 26.40% on average over the past years. This is a very strong growth
XPEL shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.38%.
XPEL shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 26.48% yearly.
EPS 1Y (TTM)-7.57%
EPS 3Y13.36%
EPS 5Y26.4%
EPS Q2Q%6.9%
Revenue 1Y (TTM)8.38%
Revenue growth 3Y17.48%
Revenue growth 5Y26.48%
Sales Q2Q%15.21%
3.2 Future
Based on estimates for the next years, XPEL will show a very strong growth in Earnings Per Share. The EPS will grow by 22.96% on average per year.
Based on estimates for the next years, XPEL will show a quite strong growth in Revenue. The Revenue will grow by 16.36% on average per year.
EPS Next Y9.73%
EPS Next 2Y17.1%
EPS Next 3Y22.96%
EPS Next 5YN/A
Revenue Next Year9.15%
Revenue Next 2Y10.16%
Revenue Next 3Y16.36%
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 stable.
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
The Price/Earnings ratio is 20.74, which indicates a rather expensive current valuation of XPEL.
Based on the Price/Earnings ratio, XPEL is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 27.30. XPEL is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 15.30, which indicates a correct valuation of XPEL.
Based on the Price/Forward Earnings ratio, XPEL is valued a bit more expensive than the industry average as 61.25% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, XPEL is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.74 | ||
| Fwd PE | 15.3 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, XPEL is valued a bit more expensive than 77.50% of the companies in the same industry.
62.50% of the companies in the same industry are cheaper than XPEL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.32 | ||
| EV/EBITDA | 13.97 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
XPEL has an outstanding profitability rating, which may justify a higher PE ratio.
XPEL's earnings are expected to grow with 22.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.13
PEG (5Y)0.79
EPS Next 2Y17.1%
EPS Next 3Y22.96%
5. Dividend
5.1 Amount
XPEL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
35.46
-2.29 (-6.07%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners83.39%
Inst Owner Change0%
Ins Owners14.09%
Ins Owner Change0.25%
Market Cap980.82M
Analysts82.22
Price Target46.92 (32.32%)
Short Float %9.37%
Short Ratio9.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.07%
Min EPS beat(2)-16.93%
Max EPS beat(2)10.79%
EPS beat(4)3
Avg EPS beat(4)3.24%
Min EPS beat(4)-16.93%
Max EPS beat(4)14.59%
EPS beat(8)3
Avg EPS beat(8)-2.34%
EPS beat(12)6
Avg EPS beat(12)-0.95%
EPS beat(16)8
Avg EPS beat(16)1.07%
Revenue beat(2)1
Avg Revenue beat(2)1.52%
Min Revenue beat(2)-1.46%
Max Revenue beat(2)4.49%
Revenue beat(4)2
Avg Revenue beat(4)0.71%
Min Revenue beat(4)-2.15%
Max Revenue beat(4)4.49%
Revenue beat(8)3
Avg Revenue beat(8)-0.16%
Revenue beat(12)6
Avg Revenue beat(12)-0.11%
Revenue beat(16)9
Avg Revenue beat(16)1.33%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.53%
EPS NY rev (1m)0%
EPS NY rev (3m)4.16%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.06%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.74 | ||
| Fwd PE | 15.3 | ||
| P/S | 2.26 | ||
| P/FCF | 20.32 | ||
| P/OCF | 17.51 | ||
| P/B | 4.17 | ||
| P/tB | 6.24 | ||
| EV/EBITDA | 13.97 |
EPS(TTM)1.71
EY4.82%
EPS(NY)2.32
Fwd EY6.54%
FCF(TTM)1.74
FCFY4.92%
OCF(TTM)2.02
OCFY5.71%
SpS15.69
BVpS8.51
TBVpS5.68
PEG (NY)2.13
PEG (5Y)0.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.08% | ||
| ROE | 20.14% | ||
| ROCE | 24.1% | ||
| ROIC | 19.29% | ||
| ROICexc | 21.27% | ||
| ROICexgc | 32.26% | ||
| OM | 14.06% | ||
| PM (TTM) | 10.92% | ||
| GM | 42.24% | ||
| FCFM | 11.12% |
ROA(3y)19.43%
ROA(5y)19.95%
ROE(3y)27.57%
ROE(5y)30.88%
ROIC(3y)23.42%
ROIC(5y)25.18%
ROICexc(3y)24.98%
ROICexc(5y)31.71%
ROICexgc(3y)38.72%
ROICexgc(5y)50.36%
ROCE(3y)29.26%
ROCE(5y)31.46%
ROICexcg growth 3Y-16.43%
ROICexcg growth 5Y-11.81%
ROICexc growth 3Y-8.55%
ROICexc growth 5Y-15.11%
OM growth 3Y-3.1%
OM growth 5Y1.34%
PM growth 3Y-3.89%
PM growth 5Y0.08%
GM growth 3Y5.67%
GM growth 5Y4.73%
F-Score5
Asset Turnover1.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 64.51% | ||
| Cap/Sales | 1.78% | ||
| Interest Coverage | 89.11 | ||
| Cash Conversion | 76.68% | ||
| Profit Quality | 101.8% | ||
| Current Ratio | 4.29 | ||
| Quick Ratio | 1.51 | ||
| Altman-Z | 14.32 |
F-Score5
WACC9.56%
ROIC/WACC2.02
Cap/Depr(3y)91.75%
Cap/Depr(5y)109.45%
Cap/Sales(3y)2.31%
Cap/Sales(5y)2.25%
Profit Quality(3y)49.54%
Profit Quality(5y)54.24%
High Growth Momentum
Growth
EPS 1Y (TTM)-7.57%
EPS 3Y13.36%
EPS 5Y26.4%
EPS Q2Q%6.9%
EPS Next Y9.73%
EPS Next 2Y17.1%
EPS Next 3Y22.96%
EPS Next 5YN/A
Revenue 1Y (TTM)8.38%
Revenue growth 3Y17.48%
Revenue growth 5Y26.48%
Sales Q2Q%15.21%
Revenue Next Year9.15%
Revenue Next 2Y10.16%
Revenue Next 3Y16.36%
Revenue Next 5YN/A
EBIT growth 1Y-0.35%
EBIT growth 3Y13.83%
EBIT growth 5Y28.17%
EBIT Next Year25.94%
EBIT Next 3Y25.23%
EBIT Next 5YN/A
FCF growth 1Y521.95%
FCF growth 3Y54.79%
FCF growth 5Y35.06%
OCF growth 1Y228.13%
OCF growth 3Y37.82%
OCF growth 5Y34.24%