CBIZ INC (CBZ) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CBZ - US1248051021 - Common Stock
54.75 USD
+0.48 (+0.88%)
54.75 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to CBZ. CBZ was compared to 86 industry peers in the Professional Services industry. While CBZ is still in line with the averages on profitability rating, there are concerns on its financial health. CBZ is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year CBZ was profitable.
CBZ had a positive operating cash flow in the past year.
In the past 5 years CBZ has always been profitable.
Each year in the past 5 years CBZ had a positive operating cash flow.
1.2 Ratios
CBZ has a Return On Assets of 2.29%. This is comparable to the rest of the industry: CBZ outperforms 50.00% of its industry peers.
The Return On Equity of CBZ (5.56%) is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 4.91%, CBZ is in line with its industry, outperforming 47.67% of the companies in the same industry.
CBZ had an Average Return On Invested Capital over the past 3 years of 6.53%. This is significantly below the industry average of 11.86%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.29% | ||
| ROE | 5.56% | ||
| ROIC | 4.91% |
ROA(3y)4.15%
ROA(5y)4.39%
ROE(3y)10.79%
ROE(5y)10.71%
ROIC(3y)6.53%
ROIC(5y)6.32%
1.3 Margins
With a Profit Margin value of 3.89%, CBZ perfoms like the industry average, outperforming 55.81% of the companies in the same industry.
CBZ's Profit Margin has declined in the last couple of years.
CBZ has a better Operating Margin (9.96%) than 69.77% of its industry peers.
CBZ's Operating Margin has declined in the last couple of years.
The Gross Margin of CBZ (13.02%) is worse than 81.40% of its industry peers.
In the last couple of years the Gross Margin of CBZ has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.96% | ||
| PM (TTM) | 3.89% | ||
| GM | 13.02% |
OM growth 3Y-10.26%
OM growth 5Y-4.48%
PM growth 3Y-29.35%
PM growth 5Y-21.21%
GM growth 3Y-10.5%
GM growth 5Y-4.73%
2. Health
2.1 Basic Checks
CBZ has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for CBZ has been increased compared to 1 year ago.
CBZ has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, CBZ has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.88 indicates that CBZ is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 1.88, CBZ is doing worse than 61.63% of the companies in the same industry.
The Debt to FCF ratio of CBZ is 18.23, which is on the high side as it means it would take CBZ, 18.23 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 18.23, CBZ perfoms like the industry average, outperforming 40.70% of the companies in the same industry.
CBZ has a Debt/Equity ratio of 0.80. This is a neutral value indicating CBZ is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.80, CBZ is doing worse than 61.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | 18.23 | ||
| Altman-Z | 1.88 |
ROIC/WACC0.67
WACC7.32%
2.3 Liquidity
CBZ has a Current Ratio of 1.57. This is a normal value and indicates that CBZ is financially healthy and should not expect problems in meeting its short term obligations.
CBZ has a Current ratio of 1.57. This is comparable to the rest of the industry: CBZ outperforms 54.65% of its industry peers.
A Quick Ratio of 1.57 indicates that CBZ should not have too much problems paying its short term obligations.
CBZ has a Quick ratio (1.57) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.57 | ||
| Quick Ratio | 1.57 |
3. Growth
3.1 Past
CBZ shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 54.58%, which is quite impressive.
Measured over the past years, CBZ shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.11% on average per year.
CBZ shows a strong growth in Revenue. In the last year, the Revenue has grown by 59.19%.
Measured over the past years, CBZ shows a quite strong growth in Revenue. The Revenue has been growing by 13.84% on average per year.
EPS 1Y (TTM)54.58%
EPS 3Y17.79%
EPS 5Y16.11%
EPS Q2Q%20.24%
Revenue 1Y (TTM)59.19%
Revenue growth 3Y17.96%
Revenue growth 5Y13.84%
Sales Q2Q%58.09%
3.2 Future
CBZ is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.42% yearly.
The Revenue is expected to grow by 20.37% on average over the next years. This is a very strong growth
EPS Next Y36.17%
EPS Next 2Y22.98%
EPS Next 3Y21.42%
EPS Next 5YN/A
Revenue Next Year58.86%
Revenue Next 2Y29.85%
Revenue Next 3Y20.37%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
CBZ is valuated correctly with a Price/Earnings ratio of 13.52.
Based on the Price/Earnings ratio, CBZ is valued a bit cheaper than the industry average as 79.07% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.19. CBZ is valued rather cheaply when compared to this.
CBZ is valuated correctly with a Price/Forward Earnings ratio of 13.51.
Based on the Price/Forward Earnings ratio, CBZ is valued a bit cheaper than the industry average as 75.58% of the companies are valued more expensively.
CBZ is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.52 | ||
| Fwd PE | 13.51 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CBZ is valued a bit cheaper than 67.44% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CBZ is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.6 | ||
| EV/EBITDA | 12.5 |
4.3 Compensation for Growth
CBZ's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as CBZ's earnings are expected to grow with 21.42% in the coming years.
PEG (NY)0.37
PEG (5Y)0.84
EPS Next 2Y22.98%
EPS Next 3Y21.42%
5. Dividend
5.1 Amount
No dividends for CBZ!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
54.75
+0.48 (+0.88%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners94.18%
Inst Owner Change0%
Ins Owners3.46%
Ins Owner Change0.18%
Market Cap2.98B
Revenue(TTM)2.68B
Net Income(TTM)104.14M
Analysts85.71
Price Target93.33 (70.47%)
Short Float %10.02%
Short Ratio7.76
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)2
Avg EPS beat(2)11.53%
Min EPS beat(2)11.52%
Max EPS beat(2)11.53%
EPS beat(4)4
Avg EPS beat(4)12.04%
Min EPS beat(4)7.63%
Max EPS beat(4)17.49%
EPS beat(8)7
Avg EPS beat(8)5.2%
EPS beat(12)9
Avg EPS beat(12)3.65%
EPS beat(16)12
Avg EPS beat(16)-0.46%
Revenue beat(2)0
Avg Revenue beat(2)-3.33%
Min Revenue beat(2)-3.52%
Max Revenue beat(2)-3.14%
Revenue beat(4)1
Avg Revenue beat(4)0.47%
Min Revenue beat(4)-3.55%
Max Revenue beat(4)12.08%
Revenue beat(8)2
Avg Revenue beat(8)0.4%
Revenue beat(12)6
Avg Revenue beat(12)1.19%
Revenue beat(16)10
Avg Revenue beat(16)2.55%
PT rev (1m)0%
PT rev (3m)-3.68%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-16.13%
EPS NY rev (1m)0%
EPS NY rev (3m)0.09%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.23%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.84%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.52 | ||
| Fwd PE | 13.51 | ||
| P/S | 1.11 | ||
| P/FCF | 34.6 | ||
| P/OCF | 28.54 | ||
| P/B | 1.59 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.5 |
EPS(TTM)4.05
EY7.4%
EPS(NY)4.05
Fwd EY7.4%
FCF(TTM)1.58
FCFY2.89%
OCF(TTM)1.92
OCFY3.5%
SpS49.18
BVpS34.41
TBVpS-18.64
PEG (NY)0.37
PEG (5Y)0.84
Graham Number56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.29% | ||
| ROE | 5.56% | ||
| ROCE | 6.83% | ||
| ROIC | 4.91% | ||
| ROICexc | 4.93% | ||
| ROICexgc | 19.14% | ||
| OM | 9.96% | ||
| PM (TTM) | 3.89% | ||
| GM | 13.02% | ||
| FCFM | 3.22% |
ROA(3y)4.15%
ROA(5y)4.39%
ROE(3y)10.79%
ROE(5y)10.71%
ROIC(3y)6.53%
ROIC(5y)6.32%
ROICexc(3y)6.56%
ROICexc(5y)6.34%
ROICexgc(3y)21.85%
ROICexgc(5y)20.77%
ROCE(3y)9.09%
ROCE(5y)8.79%
ROICexgc growth 3Y-18.93%
ROICexgc growth 5Y-6.45%
ROICexc growth 3Y-27.55%
ROICexc growth 5Y-15.96%
OM growth 3Y-10.26%
OM growth 5Y-4.48%
PM growth 3Y-29.35%
PM growth 5Y-21.21%
GM growth 3Y-10.5%
GM growth 5Y-4.73%
F-Score5
Asset Turnover0.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | 18.23 | ||
| Debt/EBITDA | 4.17 | ||
| Cap/Depr | 19.51% | ||
| Cap/Sales | 0.68% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 28.97% | ||
| Profit Quality | 82.65% | ||
| Current Ratio | 1.57 | ||
| Quick Ratio | 1.57 | ||
| Altman-Z | 1.88 |
F-Score5
WACC7.32%
ROIC/WACC0.67
Cap/Depr(3y)38.86%
Cap/Depr(5y)40%
Cap/Sales(3y)0.92%
Cap/Sales(5y)0.96%
Profit Quality(3y)163.09%
Profit Quality(5y)166.86%
High Growth Momentum
Growth
EPS 1Y (TTM)54.58%
EPS 3Y17.79%
EPS 5Y16.11%
EPS Q2Q%20.24%
EPS Next Y36.17%
EPS Next 2Y22.98%
EPS Next 3Y21.42%
EPS Next 5YN/A
Revenue 1Y (TTM)59.19%
Revenue growth 3Y17.96%
Revenue growth 5Y13.84%
Sales Q2Q%58.09%
Revenue Next Year58.86%
Revenue Next 2Y29.85%
Revenue Next 3Y20.37%
Revenue Next 5YN/A
EBIT growth 1Y63.25%
EBIT growth 3Y5.86%
EBIT growth 5Y8.74%
EBIT Next Year155.68%
EBIT Next 3Y41.71%
EBIT Next 5YN/A
FCF growth 1Y-15.35%
FCF growth 3Y-3.22%
FCF growth 5Y5.61%
OCF growth 1Y-15.37%
OCF growth 3Y-1.95%
OCF growth 5Y4.72%
CBIZ INC / CBZ FAQ
Can you provide the ChartMill fundamental rating for CBIZ INC?
ChartMill assigns a fundamental rating of 5 / 10 to CBZ.
What is the valuation status of CBIZ INC (CBZ) stock?
ChartMill assigns a valuation rating of 6 / 10 to CBIZ INC (CBZ). This can be considered as Fairly Valued.
What is the profitability of CBZ stock?
CBIZ INC (CBZ) has a profitability rating of 4 / 10.
What are the PE and PB ratios of CBIZ INC (CBZ) stock?
The Price/Earnings (PE) ratio for CBIZ INC (CBZ) is 13.52 and the Price/Book (PB) ratio is 1.59.
What is the expected EPS growth for CBIZ INC (CBZ) stock?
The Earnings per Share (EPS) of CBIZ INC (CBZ) is expected to grow by 36.17% in the next year.