COMFORT SYSTEMS USA INC (FIX) Stock Fundamental Analysis
NYSE:FIX - New York Stock Exchange, Inc. - US1999081045 - Common Stock - Currency: USD
FIX gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 51 industry peers in the Construction & Engineering industry. Both the health and profitability get an excellent rating, making FIX a very profitable company, without any liquidiy or solvency issues. FIX is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings could make FIX a good candidate for growth and quality investing.
1. Profitability
1.1 Basic Checks
FIX had positive earnings in the past year.
FIX had a positive operating cash flow in the past year.
FIX had positive earnings in each of the past 5 years.
In the past 5 years FIX always reported a positive cash flow from operatings.
1.2 Ratios
FIX has a Return On Assets of 13.03%. This is amongst the best in the industry. FIX outperforms 88.24% of its industry peers.
Looking at the Return On Equity, with a value of 33.51%, FIX belongs to the top of the industry, outperforming 86.27% of the companies in the same industry.
FIX's Return On Invested Capital of 30.73% is amongst the best of the industry. FIX outperforms 96.08% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FIX is above the industry average of 16.96%.
The 3 year average ROIC (21.29%) for FIX is below the current ROIC(30.73%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.03% | ||
| ROE | 33.51% | ||
| ROIC | 30.73% |
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
Looking at the Profit Margin, with a value of 8.13%, FIX belongs to the top of the industry, outperforming 84.31% of the companies in the same industry.
In the last couple of years the Profit Margin of FIX has grown nicely.
FIX's Operating Margin of 11.20% is amongst the best of the industry. FIX outperforms 86.27% of its industry peers.
FIX's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 21.61%, FIX is in the better half of the industry, outperforming 70.59% of the companies in the same industry.
FIX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.2% | ||
| PM (TTM) | 8.13% | ||
| GM | 21.61% |
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
An Altman-Z score of 6.32 indicates that FIX is not in any danger for bankruptcy at the moment.
FIX has a better Altman-Z score (6.32) than 88.24% of its industry peers.
FIX has a debt to FCF ratio of 0.13. This is a very positive value and a sign of high solvency as it would only need 0.13 years to pay back of all of its debts.
FIX has a Debt to FCF ratio of 0.13. This is amongst the best in the industry. FIX outperforms 92.16% of its industry peers.
A Debt/Equity ratio of 0.04 indicates that FIX is not too dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.04, FIX belongs to the best of the industry, outperforming 86.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.13 | ||
| Altman-Z | 6.32 |
ROIC/WACC2.93
WACC10.5%
2.3 Liquidity
FIX has a Current Ratio of 1.08. This is a normal value and indicates that FIX is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.08, FIX is doing worse than 68.63% of the companies in the same industry.
A Quick Ratio of 1.05 indicates that FIX should not have too much problems paying its short term obligations.
The Quick ratio of FIX (1.05) is worse than 68.63% 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 | 1.08 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
FIX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 68.21%, 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
FIX shows a strong growth in Revenue. In the last year, the Revenue has grown by 31.47%.
FIX shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.86% yearly.
EPS 1Y (TTM)68.21%
EPS 3Y54.78%
EPS 5Y36.79%
EPS Q2Q%76.58%
Revenue 1Y (TTM)31.47%
Revenue growth 3Y31.74%
Revenue growth 5Y21.86%
Sales Q2Q%19.15%
3.2 Future
The Earnings Per Share is expected to grow by 15.54% on average over the next years. This is quite good.
FIX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.89% yearly.
EPS Next Y34.35%
EPS Next 2Y19.86%
EPS Next 3Y15.54%
EPS Next 5YN/A
Revenue Next Year12.12%
Revenue Next 2Y9.4%
Revenue Next 3Y8.89%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 27.84, which means the current valuation is very expensive for FIX.
Based on the Price/Earnings ratio, FIX is valued a bit cheaper than the industry average as 60.78% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.03, FIX is valued at the same level.
Based on the Price/Forward Earnings ratio of 22.11, the valuation of FIX can be described as rather expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as FIX.
The average S&P500 Price/Forward Earnings ratio is at 21.94. FIX is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.84 | ||
| Fwd PE | 22.11 |
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 ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.33 | ||
| EV/EBITDA | 16.87 |
4.3 Compensation for Growth
FIX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of FIX may justify a higher PE ratio.
FIX's earnings are expected to grow with 15.54% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.81
PEG (5Y)0.76
EPS Next 2Y19.86%
EPS Next 3Y15.54%
5. Dividend
5.1 Amount
FIX has a yearly dividend return of 0.39%, which is pretty low.
Compared to an average industry Dividend Yield of 1.72, FIX pays a better dividend. On top of this FIX pays more dividend than 82.35% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, FIX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.39% |
5.2 History
On average, the dividend of FIX grows each year by 24.96%, which is quite nice.
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
FIX pays out 8.06% of its income as dividend. This is a sustainable payout ratio.
FIX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP8.06%
EPS Next 2Y19.86%
EPS Next 3Y15.54%
NYSE:FIX (5/22/2025, 12:21:56 PM)
464.04
-1.21 (-0.26%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners97.22%
Inst Owner Change1.51%
Ins Owners1.45%
Ins Owner Change-1.34%
Market Cap16.37B
Analysts85.45
Price Target510.68 (10.05%)
Short Float %2.23%
Short Ratio1.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.39% |
Yearly Dividend1.2
Dividend Growth(5Y)24.96%
DP8.06%
Div Incr Years12
Div Non Decr Years19
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)18.23%
Min EPS beat(2)9.62%
Max EPS beat(2)26.84%
EPS beat(4)4
Avg EPS beat(4)14.08%
Min EPS beat(4)1.91%
Max EPS beat(4)26.84%
EPS beat(8)8
Avg EPS beat(8)18.62%
EPS beat(12)12
Avg EPS beat(12)19.8%
EPS beat(16)14
Avg EPS beat(16)16.9%
Revenue beat(2)2
Avg Revenue beat(2)3.62%
Min Revenue beat(2)2.65%
Max Revenue beat(2)4.58%
Revenue beat(4)3
Avg Revenue beat(4)2.75%
Min Revenue beat(4)-2.46%
Max Revenue beat(4)6.24%
Revenue beat(8)7
Avg Revenue beat(8)3.14%
Revenue beat(12)11
Avg Revenue beat(12)4.24%
Revenue beat(16)14
Avg Revenue beat(16)4.18%
PT rev (1m)1.56%
PT rev (3m)-5.39%
EPS NQ rev (1m)4.26%
EPS NQ rev (3m)6.61%
EPS NY rev (1m)6.2%
EPS NY rev (3m)13.75%
Revenue NQ rev (1m)-0.15%
Revenue NQ rev (3m)0.2%
Revenue NY rev (1m)0.17%
Revenue NY rev (3m)1.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.84 | ||
| Fwd PE | 22.11 | ||
| P/S | 2.24 | ||
| P/FCF | 32.33 | ||
| P/OCF | 26.63 | ||
| P/B | 9.21 | ||
| P/tB | 38.09 | ||
| EV/EBITDA | 16.87 |
EPS(TTM)16.67
EY3.59%
EPS(NY)20.99
Fwd EY4.52%
FCF(TTM)14.35
FCFY3.09%
OCF(TTM)17.42
OCFY3.75%
SpS207.59
BVpS50.38
TBVpS12.18
PEG (NY)0.81
PEG (5Y)0.76
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.03% | ||
| ROE | 33.51% | ||
| ROCE | 38.01% | ||
| ROIC | 30.73% | ||
| ROICexc | 33.95% | ||
| ROICexgc | 109.45% | ||
| OM | 11.2% | ||
| PM (TTM) | 8.13% | ||
| GM | 21.61% | ||
| FCFM | 6.91% |
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%
ROICexcg growth 3Y83.67%
ROICexcg 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-Score9
Asset Turnover1.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.13 | ||
| Debt/EBITDA | 0.07 | ||
| Cap/Depr | 75% | ||
| Cap/Sales | 1.48% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 63.7% | ||
| Profit Quality | 85.02% | ||
| Current Ratio | 1.08 | ||
| Quick Ratio | 1.05 | ||
| Altman-Z | 6.32 |
F-Score9
WACC10.5%
ROIC/WACC2.93
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)68.21%
EPS 3Y54.78%
EPS 5Y36.79%
EPS Q2Q%76.58%
EPS Next Y34.35%
EPS Next 2Y19.86%
EPS Next 3Y15.54%
EPS Next 5YN/A
Revenue 1Y (TTM)31.47%
Revenue growth 3Y31.74%
Revenue growth 5Y21.86%
Sales Q2Q%19.15%
Revenue Next Year12.12%
Revenue Next 2Y9.4%
Revenue Next 3Y8.89%
Revenue Next 5YN/A
EBIT growth 1Y70.76%
EBIT growth 3Y58.65%
EBIT growth 5Y35.75%
EBIT Next Year39.67%
EBIT Next 3Y16.13%
EBIT Next 5YN/A
FCF growth 1Y63.81%
FCF growth 3Y67.22%
FCF growth 5Y46.28%
OCF growth 1Y68.5%
OCF growth 3Y67.66%
OCF growth 5Y43%