COMFORT SYSTEMS USA INC (FIX) Stock Fundamental Analysis
USA - NYSE:FIX - US1999081045 - Common Stock
919.82 USD
+10.22 (+1.12%)
919.81 USD
-0.01 (0%)
We assign a fundamental rating of 8 out of 10 to FIX. FIX was compared to 55 industry peers in the Construction & Engineering industry. FIX gets an excellent profitability rating and is at the same time showing great financial health properties. 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. These ratings would make FIX suitable for dividend and growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year FIX was profitable.
In the past year FIX had a positive cash flow from operations.
In the past 5 years FIX has always been profitable.
Each year in the past 5 years FIX had a positive operating cash flow.
1.2 Ratios
FIX's Return On Assets of 14.50% is amongst the best of the industry. FIX outperforms 90.91% of its industry peers.
FIX's Return On Equity of 37.50% is amongst the best of the industry. FIX outperforms 90.91% of its industry peers.
The Return On Invested Capital of FIX (32.75%) is better than 92.73% of its industry peers.
FIX had an Average Return On Invested Capital over the past 3 years of 21.29%. This is above the industry average of 16.87%.
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 Profit Margin of 10.06%. This is amongst the best in the industry. FIX outperforms 85.45% of its industry peers.
In the last couple of years the Profit Margin of FIX has grown nicely.
FIX has a Operating Margin of 13.36%. This is amongst the best in the industry. FIX outperforms 89.09% of its industry peers.
FIX's Operating Margin has improved in the last couple of years.
The Gross Margin of FIX (23.49%) is better than 70.91% of its industry peers.
FIX's Gross Margin has improved in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so FIX is creating value.
FIX has less shares outstanding than it did 1 year ago.
The number of shares outstanding for FIX has been reduced compared to 5 years ago.
Compared to 1 year ago, FIX has a worse debt to assets ratio.
2.2 Solvency
FIX has an Altman-Z score of 8.26. This indicates that FIX is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 8.26, FIX belongs to the top of the industry, outperforming 87.27% of the companies in the same industry.
FIX has a debt to FCF ratio of 0.17. This is a very positive value and a sign of high solvency as it would only need 0.17 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.17, FIX belongs to the best of the industry, outperforming 92.73% of the companies in the same industry.
FIX has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
FIX has a better Debt to Equity ratio (0.06) than 85.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.17 | ||
| Altman-Z | 8.26 |
ROIC/WACC3.2
WACC10.22%
2.3 Liquidity
A Current Ratio of 1.22 indicates that FIX should not have too much problems paying its short term obligations.
The Current ratio of FIX (1.22) is comparable to the rest of the industry.
FIX has a Quick Ratio of 1.20. This is a normal value and indicates that FIX is financially healthy and should not expect problems in meeting its short term obligations.
FIX has a Quick ratio of 1.20. This is comparable to the rest of the industry: FIX outperforms 45.45% of its industry peers.
FIX does not score too well on the current and quick ratio evaluation. However, as it has 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.
The Earnings Per Share has been growing by 36.79% on average over the past years. This is a very strong growth
The Revenue has grown by 27.71% in the past year. This is a very strong growth!
FIX shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.86% yearly.
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 32.29% on average over the next years. This is a very strong growth
FIX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.22% yearly.
EPS Next Y76.2%
EPS Next 2Y42.3%
EPS Next 3Y32.29%
EPS Next 5YN/A
Revenue Next Year25.74%
Revenue Next 2Y19.95%
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
With a Price/Earnings ratio of 38.94, FIX can be considered very expensive at the moment.
FIX's Price/Earnings is on the same level as the industry average.
FIX is valuated expensively when we compare the Price/Earnings ratio to 25.56, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 31.09, FIX can be considered very expensive at the moment.
FIX's Price/Forward Earnings ratio is in line with the industry average.
FIX's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 34.62.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.94 | ||
| Fwd PE | 31.09 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FIX is on the same level as its industry peers.
FIX's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.63 | ||
| EV/EBITDA | 25.35 |
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.
FIX's earnings are expected to grow with 32.29% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.51
PEG (5Y)1.06
EPS Next 2Y42.3%
EPS Next 3Y32.29%
5. Dividend
5.1 Amount
With a yearly dividend of 0.27%, FIX is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.76, FIX pays a better dividend. On top of this FIX pays more dividend than 83.64% of the companies listed in the same industry.
With a Dividend Yield of 0.27, FIX pays less dividend than the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.27% |
5.2 History
The dividend of FIX is nicely growing with an annual growth rate of 24.96%!
FIX has paid a dividend for at least 10 years, which is 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
7.18% of the earnings are spent on dividend by FIX. This is a low number and sustainable payout ratio.
FIX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP7.18%
EPS Next 2Y42.3%
EPS Next 3Y32.29%
919.82
+10.22 (+1.12%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners98.41%
Inst Owner Change-1.44%
Ins Owners1.32%
Ins Owner Change-10.95%
Market Cap32.45B
Revenue(TTM)8.32B
Net Income(TTM)837.62M
Analysts83.08
Price Target981.84 (6.74%)
Short Float %1.78%
Short Ratio1.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.27% |
Yearly Dividend1.2
Dividend Growth(5Y)24.96%
DP7.18%
Div Incr Years12
Div Non Decr Years19
Ex-Date
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)35.5%
PT rev (3m)40.15%
EPS NQ rev (1m)16.47%
EPS NQ rev (3m)17.28%
EPS NY rev (1m)10.38%
EPS NY rev (3m)31.08%
Revenue NQ rev (1m)8.67%
Revenue NQ rev (3m)8.82%
Revenue NY rev (1m)4.94%
Revenue NY rev (3m)7.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.94 | ||
| Fwd PE | 31.09 | ||
| P/S | 3.9 | ||
| P/FCF | 40.63 | ||
| P/OCF | 34.96 | ||
| P/B | 14.53 | ||
| P/tB | 37.16 | ||
| EV/EBITDA | 25.35 |
EPS(TTM)23.62
EY2.57%
EPS(NY)29.58
Fwd EY3.22%
FCF(TTM)22.64
FCFY2.46%
OCF(TTM)26.31
OCFY2.86%
SpS235.92
BVpS63.3
TBVpS24.75
PEG (NY)0.51
PEG (5Y)1.06
Graham Number183.42
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 | 8.26 |
F-Score7
WACC10.22%
ROIC/WACC3.2
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 Y76.2%
EPS Next 2Y42.3%
EPS Next 3Y32.29%
EPS Next 5YN/A
Revenue 1Y (TTM)27.71%
Revenue growth 3Y31.74%
Revenue growth 5Y21.86%
Sales Q2Q%35.24%
Revenue Next Year25.74%
Revenue Next 2Y19.95%
Revenue Next 3Y16.22%
Revenue Next 5YN/A
EBIT growth 1Y73.84%
EBIT growth 3Y58.65%
EBIT growth 5Y35.75%
EBIT Next Year72.01%
EBIT Next 3Y26.55%
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.
Can you provide the valuation status for COMFORT SYSTEMS USA INC?
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.
Can you provide the PE and PB ratios for FIX stock?
The Price/Earnings (PE) ratio for COMFORT SYSTEMS USA INC (FIX) is 38.94 and the Price/Book (PB) ratio is 14.53.
What is the expected EPS growth for COMFORT SYSTEMS USA INC (FIX) stock?
The Earnings per Share (EPS) of COMFORT SYSTEMS USA INC (FIX) is expected to grow by 76.2% in the next year.