FIRSTCASH HOLDINGS INC (FCFS) Stock Fundamental Analysis
USA - NASDAQ:FCFS - US33768G1076 - Common Stock
157.44 USD
-1.08 (-0.68%)
157.44 USD
0 (0%)
Overall FCFS gets a fundamental rating of 6 out of 10. We evaluated FCFS against 55 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
FCFS had positive earnings in the past year.
FCFS had a positive operating cash flow in the past year.
Each year in the past 5 years FCFS has been profitable.
In the past 5 years FCFS always reported a positive cash flow from operatings.
1.2 Ratios
FCFS has a Return On Assets of 6.46%. This is in the better half of the industry: FCFS outperforms 78.18% of its industry peers.
FCFS has a Return On Equity of 13.63%. This is comparable to the rest of the industry: FCFS outperforms 60.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.91%, FCFS is in the better half of the industry, outperforming 76.36% of the companies in the same industry.
FCFS had an Average Return On Invested Capital over the past 3 years of 7.96%. This is below the industry average of 10.98%.
The last Return On Invested Capital (8.91%) for FCFS is above the 3 year average (7.96%), which is a sign of increasing profitability.
| 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
With a Profit Margin value of 8.61%, FCFS perfoms like the industry average, outperforming 50.91% of the companies in the same industry.
FCFS's Profit Margin has declined in the last couple of years.
The Operating Margin of FCFS (14.65%) is better than 61.82% of its industry peers.
FCFS's Operating Margin has been stable in the last couple of years.
FCFS has a Gross Margin (49.45%) which is comparable to the rest of the industry.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FCFS is destroying value.
FCFS has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, FCFS has more shares outstanding
FCFS has a worse debt/assets ratio than last year.
2.2 Solvency
FCFS has an Altman-Z score of 3.64. This indicates that FCFS is financially healthy and has little risk of bankruptcy at the moment.
FCFS has a better Altman-Z score (3.64) than 90.91% of its industry peers.
FCFS has a debt to FCF ratio of 4.33. This is a neutral value as FCFS would need 4.33 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 4.33, FCFS is doing good in the industry, outperforming 76.36% of the companies in the same industry.
A Debt/Equity ratio of 0.79 indicates that FCFS is somewhat dependend on debt financing.
The Debt to Equity ratio of FCFS (0.79) is better than 67.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 4.33 | ||
| Altman-Z | 3.64 |
ROIC/WACC0.87
WACC10.22%
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 85.45% 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 has a Quick ratio of 3.12. This is in the better half of the industry: FCFS outperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.21 | ||
| Quick Ratio | 3.12 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 17.33% over the past year.
FCFS shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.52% yearly.
The Revenue has been growing slightly by 2.49% in the past year.
Measured over the past years, FCFS shows a quite strong growth in Revenue. The Revenue has been growing by 12.69% on average per year.
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
The Earnings Per Share is expected to grow by 14.42% on average over the next years. This is quite good.
FCFS is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -2.29% yearly.
EPS Next Y26.83%
EPS Next 2Y23.54%
EPS Next 3Y23.99%
EPS Next 5Y14.42%
Revenue Next Year1.41%
Revenue Next 2Y4.74%
Revenue Next 3Y-2.29%
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 20.58, which indicates a rather expensive current valuation of FCFS.
FCFS's Price/Earnings ratio is a bit more expensive when compared to the industry. FCFS is more expensive than 67.27% of the companies in the same industry.
FCFS's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.40.
With a Price/Forward Earnings ratio of 15.37, FCFS is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FCFS indicates a slightly more expensive valuation: FCFS is more expensive than 63.64% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.94, FCFS is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.58 | ||
| Fwd PE | 15.37 |
4.2 Price Multiples
FCFS's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as FCFS.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.95 | ||
| EV/EBITDA | 14.36 |
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.
FCFS's earnings are expected to grow with 23.99% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.77
PEG (5Y)1.79
EPS Next 2Y23.54%
EPS Next 3Y23.99%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.09%, FCFS has a reasonable but not impressive dividend return.
FCFS's Dividend Yield is comparable with the industry average which is at 4.51.
With a Dividend Yield of 1.09, FCFS pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.09% |
5.2 History
The dividend of FCFS is nicely growing with an annual growth rate of 7.40%!
FCFS has paid a dividend for at least 10 years, which is a reliable track record.
As FCFS did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
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.
The dividend of FCFS is growing, but earnings are growing more, so the dividend growth is sustainable.
DP23.24%
EPS Next 2Y23.54%
EPS Next 3Y23.99%
157.44
-1.08 (-0.68%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners87.91%
Inst Owner Change0.02%
Ins Owners2.63%
Ins Owner Change-9.63%
Market Cap6.98B
Analysts81.43
Price Target165.58 (5.17%)
Short Float %1.05%
Short Ratio1.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.09% |
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)0%
PT rev (3m)10.43%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.84%
EPS NY rev (1m)2.5%
EPS NY rev (3m)4.78%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.54%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)0.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.58 | ||
| Fwd PE | 15.37 | ||
| P/S | 2.06 | ||
| P/FCF | 17.95 | ||
| P/OCF | 12.59 | ||
| P/B | 3.26 | ||
| P/tB | 63.87 | ||
| EV/EBITDA | 14.36 |
EPS(TTM)7.65
EY4.86%
EPS(NY)10.24
Fwd EY6.5%
FCF(TTM)8.77
FCFY5.57%
OCF(TTM)12.51
OCFY7.94%
SpS76.38
BVpS48.25
TBVpS2.46
PEG (NY)0.77
PEG (5Y)1.79
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 | 3.64 |
F-Score8
WACC10.22%
ROIC/WACC0.87
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 Y26.83%
EPS Next 2Y23.54%
EPS Next 3Y23.99%
EPS Next 5Y14.42%
Revenue 1Y (TTM)2.49%
Revenue growth 3Y25.87%
Revenue growth 5Y12.69%
Sales Q2Q%-0.05%
Revenue Next Year1.41%
Revenue Next 2Y4.74%
Revenue Next 3Y-2.29%
Revenue Next 5YN/A
EBIT growth 1Y15.85%
EBIT growth 3Y28%
EBIT growth 5Y11.76%
EBIT Next Year56.88%
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%