COMFORT SYSTEMS USA INC (FIX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FIX - US1999081045 - Common Stock
1003.64 USD
+70.35 (+7.54%)
1003.64 USD
0 (0%)
We assign a fundamental rating of 8 out of 10 to FIX. FIX was compared to 54 industry peers in the Construction & Engineering industry. FIX scores excellent points on both the profitability and health parts. This is a solid base for a good stock. FIX is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! FIX also has an excellent dividend rating. This makes FIX very considerable for dividend and growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year FIX was profitable.
FIX had a positive operating cash flow in the past year.
Each year in the past 5 years FIX has been profitable.
Each year in the past 5 years FIX had a positive operating cash flow.
1.2 Ratios
The Return On Assets of FIX (14.50%) is better than 90.74% of its industry peers.
Looking at the Return On Equity, with a value of 37.50%, FIX belongs to the top of the industry, outperforming 87.04% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 32.75%, FIX belongs to the top of the industry, outperforming 90.74% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for FIX is above the industry average of 16.29%.
The last Return On Invested Capital (32.75%) for FIX is above the 3 year average (21.29%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.5% | ||
| ROE | 37.5% | ||
| ROIC | 32.75% |
ROA(3y)10.11%
ROA(5y)9.07%
ROE(3y)26.85%
ROE(5y)23.98%
ROIC(3y)21.29%
ROIC(5y)17.85%
1.3 Margins
FIX has a better Profit Margin (10.06%) than 85.19% of its industry peers.
In the last couple of years the Profit Margin of FIX has grown nicely.
FIX's Operating Margin of 13.36% is amongst the best of the industry. FIX outperforms 87.04% of its industry peers.
In the last couple of years the Operating Margin of FIX has grown nicely.
FIX's Gross Margin of 23.49% is fine compared to the rest of the industry. FIX outperforms 70.37% of its industry peers.
In the last couple of years the Gross Margin of FIX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.36% | ||
| PM (TTM) | 10.06% | ||
| GM | 23.49% |
OM growth 3Y20.43%
OM growth 5Y11.4%
PM growth 3Y16.81%
PM growth 5Y11.21%
GM growth 3Y4.66%
GM growth 5Y1.83%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), FIX is creating value.
FIX has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, FIX has less shares outstanding
FIX has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 8.34 indicates that FIX is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 8.34, FIX belongs to the top of the industry, outperforming 90.74% of the companies in the same industry.
The Debt to FCF ratio of FIX is 0.17, which is an excellent value as it means it would take FIX, only 0.17 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of FIX (0.17) is better than 90.74% of its industry peers.
FIX has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.06, FIX belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.17 | ||
| Altman-Z | 8.34 |
ROIC/WACC3.08
WACC10.62%
2.3 Liquidity
A Current Ratio of 1.22 indicates that FIX should not have too much problems paying its short term obligations.
FIX has a Current ratio of 1.22. This is comparable to the rest of the industry: FIX outperforms 48.15% of its industry peers.
A Quick Ratio of 1.20 indicates that FIX should not have too much problems paying its short term obligations.
FIX's Quick ratio of 1.20 is in line compared to the rest of the industry. FIX outperforms 46.30% of its industry peers.
The current and quick ratio evaluation for FIX is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
FIX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 80.72%, which is quite impressive.
Measured over the past years, FIX shows a very strong growth in Earnings Per Share. The EPS has been growing by 36.79% on average per year.
The Revenue has grown by 27.71% in the past year. This is a very strong growth!
Measured over the past years, FIX shows a very strong growth in Revenue. The Revenue has been growing by 21.86% on average per year.
EPS 1Y (TTM)80.72%
EPS 3Y54.78%
EPS 5Y36.79%
EPS Q2Q%101.71%
Revenue 1Y (TTM)27.71%
Revenue growth 3Y31.74%
Revenue growth 5Y21.86%
Sales Q2Q%35.24%
3.2 Future
The Earnings Per Share is expected to grow by 33.25% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 16.22% on average over the next years. This is quite good.
EPS Next Y78.67%
EPS Next 2Y44.56%
EPS Next 3Y33.25%
EPS Next 5YN/A
Revenue Next Year26.06%
Revenue Next 2Y20.4%
Revenue Next 3Y16.22%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last 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
The Price/Earnings ratio is 42.49, which means the current valuation is very expensive for FIX.
Compared to the rest of the industry, the Price/Earnings ratio of FIX is on the same level as its industry peers.
FIX is valuated expensively when we compare the Price/Earnings ratio to 26.51, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 32.87, which means the current valuation is very expensive for FIX.
FIX's Price/Forward Earnings ratio is in line with the industry average.
FIX's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 23.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.49 | ||
| Fwd PE | 32.87 |
4.2 Price Multiples
FIX's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FIX is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 44.31 | ||
| EV/EBITDA | 25.72 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FIX has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as FIX's earnings are expected to grow with 33.25% in the coming years.
PEG (NY)0.54
PEG (5Y)1.15
EPS Next 2Y44.56%
EPS Next 3Y33.25%
5. Dividend
5.1 Amount
With a yearly dividend of 0.25%, FIX is not a good candidate for dividend investing.
FIX's Dividend Yield is rather good when compared to the industry average which is at 0.41. FIX pays more dividend than 83.33% of the companies in the same industry.
With a Dividend Yield of 0.25, FIX pays less dividend than the S&P500 average, which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.25% |
5.2 History
On average, the dividend of FIX grows each year by 24.96%, which is quite nice.
FIX has been paying a dividend for at least 10 years, so it has a reliable track record.
FIX has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)24.96%
Div Incr Years12
Div Non Decr Years19
5.3 Sustainability
FIX pays out 7.18% of its income as dividend. This is a sustainable payout ratio.
The dividend of FIX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP7.18%
EPS Next 2Y44.56%
EPS Next 3Y33.25%
1003.64
+70.35 (+7.54%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners97.82%
Inst Owner Change-1.51%
Ins Owners1.26%
Ins Owner Change-9.85%
Market Cap35.40B
Revenue(TTM)8.32B
Net Income(TTM)837.62M
Analysts83.08
Price Target994.37 (-0.92%)
Short Float %2.29%
Short Ratio1.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.25% |
Yearly Dividend1.2
Dividend Growth(5Y)24.96%
DP7.18%
Div Incr Years12
Div Non Decr Years19
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)33.17%
Min EPS beat(2)31.09%
Max EPS beat(2)35.26%
EPS beat(4)4
Avg EPS beat(4)25.7%
Min EPS beat(4)9.62%
Max EPS beat(4)35.26%
EPS beat(8)8
Avg EPS beat(8)21.23%
EPS beat(12)12
Avg EPS beat(12)22.23%
EPS beat(16)15
Avg EPS beat(16)19.52%
Revenue beat(2)2
Avg Revenue beat(2)10.85%
Min Revenue beat(2)9.21%
Max Revenue beat(2)12.48%
Revenue beat(4)4
Avg Revenue beat(4)7.23%
Min Revenue beat(4)2.65%
Max Revenue beat(4)12.48%
Revenue beat(8)7
Avg Revenue beat(8)4.58%
Revenue beat(12)11
Avg Revenue beat(12)4.7%
Revenue beat(16)15
Avg Revenue beat(16)5.24%
PT rev (1m)1.28%
PT rev (3m)41.94%
EPS NQ rev (1m)0%
EPS NQ rev (3m)19.68%
EPS NY rev (1m)1.4%
EPS NY rev (3m)11.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)8.67%
Revenue NY rev (1m)0.26%
Revenue NY rev (3m)5.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.49 | ||
| Fwd PE | 32.87 | ||
| P/S | 4.25 | ||
| P/FCF | 44.31 | ||
| P/OCF | 38.13 | ||
| P/B | 15.85 | ||
| P/tB | 40.53 | ||
| EV/EBITDA | 25.72 |
EPS(TTM)23.62
EY2.35%
EPS(NY)30.53
Fwd EY3.04%
FCF(TTM)22.65
FCFY2.26%
OCF(TTM)26.32
OCFY2.62%
SpS235.99
BVpS63.32
TBVpS24.76
PEG (NY)0.54
PEG (5Y)1.15
Graham Number183.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.5% | ||
| ROE | 37.5% | ||
| ROCE | 40.51% | ||
| ROIC | 32.75% | ||
| ROICexc | 47.7% | ||
| ROICexgc | 171.28% | ||
| OM | 13.36% | ||
| PM (TTM) | 10.06% | ||
| GM | 23.49% | ||
| FCFM | 9.6% |
ROA(3y)10.11%
ROA(5y)9.07%
ROE(3y)26.85%
ROE(5y)23.98%
ROIC(3y)21.29%
ROIC(5y)17.85%
ROICexc(3y)25.84%
ROICexc(5y)20.83%
ROICexgc(3y)114.86%
ROICexgc(5y)85.93%
ROCE(3y)26.34%
ROCE(5y)22.08%
ROICexgc growth 3Y83.67%
ROICexgc growth 5Y43.43%
ROICexc growth 3Y49.24%
ROICexc growth 5Y19.84%
OM growth 3Y20.43%
OM growth 5Y11.4%
PM growth 3Y16.81%
PM growth 5Y11.21%
GM growth 3Y4.66%
GM growth 5Y1.83%
F-Score7
Asset Turnover1.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.17 | ||
| Debt/EBITDA | 0.1 | ||
| Cap/Depr | 93% | ||
| Cap/Sales | 1.56% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 74.17% | ||
| Profit Quality | 95.36% | ||
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 8.34 |
F-Score7
WACC10.62%
ROIC/WACC3.08
Cap/Depr(3y)84.02%
Cap/Depr(5y)64.84%
Cap/Sales(3y)1.52%
Cap/Sales(5y)1.23%
Profit Quality(3y)137.55%
Profit Quality(5y)139.51%
High Growth Momentum
Growth
EPS 1Y (TTM)80.72%
EPS 3Y54.78%
EPS 5Y36.79%
EPS Q2Q%101.71%
EPS Next Y78.67%
EPS Next 2Y44.56%
EPS Next 3Y33.25%
EPS Next 5YN/A
Revenue 1Y (TTM)27.71%
Revenue growth 3Y31.74%
Revenue growth 5Y21.86%
Sales Q2Q%35.24%
Revenue Next Year26.06%
Revenue Next 2Y20.4%
Revenue Next 3Y16.22%
Revenue Next 5YN/A
EBIT growth 1Y73.84%
EBIT growth 3Y58.65%
EBIT growth 5Y35.75%
EBIT Next Year87.98%
EBIT Next 3Y35.44%
EBIT Next 5YN/A
FCF growth 1Y54.98%
FCF growth 3Y67.22%
FCF growth 5Y46.28%
OCF growth 1Y55.08%
OCF growth 3Y67.66%
OCF growth 5Y43%
COMFORT SYSTEMS USA INC / FIX FAQ
Can you provide the ChartMill fundamental rating for COMFORT SYSTEMS USA INC?
ChartMill assigns a fundamental rating of 8 / 10 to FIX.
What is the valuation status of COMFORT SYSTEMS USA INC (FIX) stock?
ChartMill assigns a valuation rating of 4 / 10 to COMFORT SYSTEMS USA INC (FIX). This can be considered as Fairly Valued.
What is the profitability of FIX stock?
COMFORT SYSTEMS USA INC (FIX) has a profitability rating of 9 / 10.
What is the valuation of COMFORT SYSTEMS USA INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for COMFORT SYSTEMS USA INC (FIX) is 42.49 and the Price/Book (PB) ratio is 15.85.
How financially healthy is COMFORT SYSTEMS USA INC?
The financial health rating of COMFORT SYSTEMS USA INC (FIX) is 9 / 10.