FIRSTCASH HOLDINGS INC (FCFS) Stock Fundamental Analysis
NASDAQ:FCFS - US33768G1076 - Common Stock
147.77 USD
-0.83 (-0.56%)
147.77 USD
0 (0%)
Taking everything into account, FCFS scores 6 out of 10 in our fundamental rating. FCFS was compared to 53 industry peers in the Consumer Finance industry. FCFS has an excellent financial health rating, but there are some minor concerns on its profitability. FCFS has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year FCFS was profitable.
In the past year FCFS had a positive cash flow from operations.
In the past 5 years FCFS has always been profitable.
FCFS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 6.46%, FCFS belongs to the best of the industry, outperforming 81.13% of the companies in the same industry.
With a decent Return On Equity value of 13.63%, FCFS is doing good in the industry, outperforming 60.38% of the companies in the same industry.
FCFS's Return On Invested Capital of 8.91% is fine compared to the rest of the industry. FCFS outperforms 73.58% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FCFS is below the industry average of 10.74%.
The 3 year average ROIC (7.96%) for FCFS is below the current ROIC(8.91%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.46% | ||
| ROE | 13.63% | ||
| ROIC | 8.91% |
ROA(3y)5.79%
ROA(5y)5.03%
ROE(3y)12.36%
ROE(5y)10.46%
ROIC(3y)7.96%
ROIC(5y)7.08%
1.3 Margins
FCFS's Profit Margin of 8.61% is in line compared to the rest of the industry. FCFS outperforms 50.94% of its industry peers.
FCFS's Profit Margin has declined in the last couple of years.
The Operating Margin of FCFS (14.65%) is comparable to the rest of the industry.
FCFS's Operating Margin has been stable in the last couple of years.
FCFS has a Gross Margin (49.45%) which is in line with its industry peers.
FCFS's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.65% | ||
| PM (TTM) | 8.61% | ||
| GM | 49.45% |
OM growth 3Y1.69%
OM growth 5Y-0.82%
PM growth 3Y1.28%
PM growth 5Y-2.86%
GM growth 3Y-3.85%
GM growth 5Y-2.51%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FCFS is creating some value.
The number of shares outstanding for FCFS has been reduced compared to 1 year ago.
Compared to 5 years ago, FCFS has more shares outstanding
The debt/assets ratio for FCFS is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.53 indicates that FCFS is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 3.53, FCFS belongs to the best of the industry, outperforming 86.79% of the companies in the same industry.
The Debt to FCF ratio of FCFS is 4.33, which is a neutral value as it means it would take FCFS, 4.33 years of fcf income to pay off all of its debts.
FCFS's Debt to FCF ratio of 4.33 is fine compared to the rest of the industry. FCFS outperforms 73.58% of its industry peers.
FCFS has a Debt/Equity ratio of 0.79. This is a neutral value indicating FCFS is somewhat dependend on debt financing.
The Debt to Equity ratio of FCFS (0.79) is better than 66.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 4.33 | ||
| Altman-Z | 3.53 |
ROIC/WACC1.05
WACC8.48%
2.3 Liquidity
A Current Ratio of 4.21 indicates that FCFS has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 4.21, FCFS belongs to the top of the industry, outperforming 84.91% of the companies in the same industry.
FCFS has a Quick Ratio of 3.12. This indicates that FCFS is financially healthy and has no problem in meeting its short term obligations.
FCFS's Quick ratio of 3.12 is amongst the best of the industry. FCFS outperforms 83.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.21 | ||
| Quick Ratio | 3.12 |
3. Growth
3.1 Past
FCFS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.33%, which is quite good.
The Earnings Per Share has been growing by 11.52% on average over the past years. This is quite good.
FCFS shows a small growth in Revenue. In the last year, the Revenue has grown by 2.49%.
The Revenue has been growing by 12.69% on average over the past years. This is quite good.
EPS 1Y (TTM)17.33%
EPS 3Y19.62%
EPS 5Y11.52%
EPS Q2Q%30.66%
Revenue 1Y (TTM)2.49%
Revenue growth 3Y25.87%
Revenue growth 5Y12.69%
Sales Q2Q%-0.05%
3.2 Future
FCFS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.99% yearly.
FCFS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.52% yearly.
EPS Next Y23.74%
EPS Next 2Y21.56%
EPS Next 3Y23.99%
EPS Next 5YN/A
Revenue Next Year1.3%
Revenue Next 2Y4.66%
Revenue Next 3Y8.52%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 19.32, which indicates a rather expensive current valuation of FCFS.
69.81% of the companies in the same industry are cheaper than FCFS, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.17. FCFS is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 14.90 indicates a correct valuation of FCFS.
Based on the Price/Forward Earnings ratio, FCFS is valued a bit more expensive than 67.92% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of FCFS to the average of the S&P500 Index (22.78), we can say FCFS is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.32 | ||
| Fwd PE | 14.9 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FCFS is valued a bit cheaper than 62.26% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FCFS is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.85 | ||
| EV/EBITDA | 13.62 |
4.3 Compensation for Growth
FCFS's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of FCFS may justify a higher PE ratio.
A more expensive valuation may be justified as FCFS's earnings are expected to grow with 23.99% in the coming years.
PEG (NY)0.81
PEG (5Y)1.68
EPS Next 2Y21.56%
EPS Next 3Y23.99%
5. Dividend
5.1 Amount
FCFS has a Yearly Dividend Yield of 1.21%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.23, FCFS has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, FCFS's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.21% |
5.2 History
The dividend of FCFS is nicely growing with an annual growth rate of 7.40%!
FCFS has been paying a dividend for at least 10 years, so it has a reliable track record.
FCFS has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)7.4%
Div Incr Years8
Div Non Decr Years8
5.3 Sustainability
FCFS pays out 23.24% of its income as dividend. This is a sustainable payout ratio.
FCFS's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP23.24%
EPS Next 2Y21.56%
EPS Next 3Y23.99%
147.77
-0.83 (-0.56%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners89.31%
Inst Owner Change-0.33%
Ins Owners2.92%
Ins Owner Change-9.39%
Market Cap6.56B
Analysts80
Price Target161.98 (9.62%)
Short Float %1.55%
Short Ratio1.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.21% |
Yearly Dividend1.46
Dividend Growth(5Y)7.4%
DP23.24%
Div Incr Years8
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.88%
Min EPS beat(2)5.03%
Max EPS beat(2)16.73%
EPS beat(4)4
Avg EPS beat(4)6.49%
Min EPS beat(4)0.98%
Max EPS beat(4)16.73%
EPS beat(8)7
Avg EPS beat(8)6.29%
EPS beat(12)11
Avg EPS beat(12)6.85%
EPS beat(16)15
Avg EPS beat(16)8.22%
Revenue beat(2)0
Avg Revenue beat(2)-1.44%
Min Revenue beat(2)-1.87%
Max Revenue beat(2)-1.01%
Revenue beat(4)0
Avg Revenue beat(4)-2.27%
Min Revenue beat(4)-3.47%
Max Revenue beat(4)-1.01%
Revenue beat(8)1
Avg Revenue beat(8)-1.92%
Revenue beat(12)3
Avg Revenue beat(12)-1.32%
Revenue beat(16)5
Avg Revenue beat(16)-0.48%
PT rev (1m)6.4%
PT rev (3m)7.59%
EPS NQ rev (1m)-2.16%
EPS NQ rev (3m)-0.14%
EPS NY rev (1m)2.23%
EPS NY rev (3m)3.21%
Revenue NQ rev (1m)-1.49%
Revenue NQ rev (3m)1.22%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)1.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.32 | ||
| Fwd PE | 14.9 | ||
| P/S | 1.93 | ||
| P/FCF | 16.85 | ||
| P/OCF | 11.82 | ||
| P/B | 3.06 | ||
| P/tB | 59.95 | ||
| EV/EBITDA | 13.62 |
EPS(TTM)7.65
EY5.18%
EPS(NY)9.91
Fwd EY6.71%
FCF(TTM)8.77
FCFY5.94%
OCF(TTM)12.51
OCFY8.46%
SpS76.38
BVpS48.25
TBVpS2.46
PEG (NY)0.81
PEG (5Y)1.68
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.46% | ||
| ROE | 13.63% | ||
| ROCE | 11.85% | ||
| ROIC | 8.91% | ||
| ROICexc | 9.13% | ||
| ROICexgc | 18.16% | ||
| OM | 14.65% | ||
| PM (TTM) | 8.61% | ||
| GM | 49.45% | ||
| FCFM | 11.48% |
ROA(3y)5.79%
ROA(5y)5.03%
ROE(3y)12.36%
ROE(5y)10.46%
ROIC(3y)7.96%
ROIC(5y)7.08%
ROICexc(3y)8.26%
ROICexc(5y)7.33%
ROICexgc(3y)17.47%
ROICexgc(5y)15.63%
ROCE(3y)10.59%
ROCE(5y)9.41%
ROICexcg growth 3Y14.69%
ROICexcg growth 5Y0.69%
ROICexc growth 3Y20.73%
ROICexc growth 5Y-0.74%
OM growth 3Y1.69%
OM growth 5Y-0.82%
PM growth 3Y1.28%
PM growth 5Y-2.86%
GM growth 3Y-3.85%
GM growth 5Y-2.51%
F-Score8
Asset Turnover0.75
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 4.33 | ||
| Debt/EBITDA | 2.81 | ||
| Cap/Depr | 159.68% | ||
| Cap/Sales | 4.89% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 92.44% | ||
| Profit Quality | 133.35% | ||
| Current Ratio | 4.21 | ||
| Quick Ratio | 3.12 | ||
| Altman-Z | 3.53 |
F-Score8
WACC8.48%
ROIC/WACC1.05
Cap/Depr(3y)100.33%
Cap/Depr(5y)96.31%
Cap/Sales(3y)3.33%
Cap/Sales(5y)2.95%
Profit Quality(3y)150.1%
Profit Quality(5y)153.76%
High Growth Momentum
Growth
EPS 1Y (TTM)17.33%
EPS 3Y19.62%
EPS 5Y11.52%
EPS Q2Q%30.66%
EPS Next Y23.74%
EPS Next 2Y21.56%
EPS Next 3Y23.99%
EPS Next 5YN/A
Revenue 1Y (TTM)2.49%
Revenue growth 3Y25.87%
Revenue growth 5Y12.69%
Sales Q2Q%-0.05%
Revenue Next Year1.3%
Revenue Next 2Y4.66%
Revenue Next 3Y8.52%
Revenue Next 5YN/A
EBIT growth 1Y15.85%
EBIT growth 3Y28%
EBIT growth 5Y11.76%
EBIT Next Year56.66%
EBIT Next 3Y32.78%
EBIT Next 5YN/A
FCF growth 1Y-3.69%
FCF growth 3Y28.61%
FCF growth 5Y15.54%
OCF growth 1Y23.77%
OCF growth 3Y34.22%
OCF growth 5Y18.45%