COMFORT SYSTEMS USA INC (FIX) Stock Fundamental Analysis
USA - NYSE:FIX - US1999081045 - Common Stock
954.53 USD
-19.61 (-2.01%)
953.12 USD
-1.41 (-0.15%)
FIX gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 55 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 growing strongly while it is still valued neutral. This is a good combination! FIX also has an excellent dividend rating. These ratings could make FIX a good candidate 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.
Each year in the past 5 years FIX has been profitable.
In the past 5 years FIX always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 14.50%, FIX belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
Looking at the Return On Equity, with a value of 37.50%, FIX belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
FIX has a Return On Invested Capital of 32.75%. This is amongst the best in the industry. FIX outperforms 92.73% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FIX is above the industry average of 16.81%.
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
Looking at the Profit Margin, with a value of 10.06%, FIX belongs to the top of the industry, outperforming 85.45% of the companies in the same industry.
In the last couple of years the Profit Margin of FIX has grown nicely.
Looking at the Operating Margin, with a value of 13.36%, FIX belongs to the top of the industry, outperforming 89.09% of the companies in the same industry.
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 70.91% 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), FIX is creating value.
The number of shares outstanding for FIX has been reduced compared to 1 year ago.
FIX has less shares outstanding than it did 5 years ago.
FIX has a worse debt/assets ratio than last year.
2.2 Solvency
FIX has an Altman-Z score of 8.58. This indicates that FIX is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of FIX (8.58) is better than 90.91% of its industry peers.
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.
FIX has a Debt to FCF ratio of 0.17. This is amongst the best in the industry. FIX outperforms 90.91% 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.
Looking at the Debt to Equity ratio, with a value of 0.06, FIX belongs to the top of the industry, outperforming 87.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.17 | ||
| Altman-Z | 8.58 |
ROIC/WACC3.22
WACC10.16%
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 (1.22) which 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's Quick ratio of 1.20 is in line compared to the rest of the industry. FIX outperforms 49.09% 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
The Earnings Per Share has grown by an impressive 80.72% over the past year.
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 27.71%.
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
FIX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.29% yearly.
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
The Price/Earnings ratio is 40.41, which means the current valuation is very expensive for FIX.
FIX's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.35, FIX is valued quite expensively.
The Price/Forward Earnings ratio is 32.27, which means the current valuation is very expensive for FIX.
FIX's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of FIX to the average of the S&P500 Index (33.72), we can say FIX is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.41 | ||
| Fwd PE | 32.27 |
4.2 Price Multiples
FIX's Enterprise Value to EBITDA is on the same level as the industry average.
FIX's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 42.16 | ||
| EV/EBITDA | 26.88 |
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.
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)0.53
PEG (5Y)1.1
EPS Next 2Y42.3%
EPS Next 3Y32.29%
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 1.78. FIX pays more dividend than 85.45% 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 2.36.
| 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 their dividend for at least 10 years, which is a reliable track record.
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.
The dividend of FIX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP7.18%
EPS Next 2Y42.3%
EPS Next 3Y32.29%
954.53
-19.61 (-2.01%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners98.41%
Inst Owner Change-1.09%
Ins Owners1.32%
Ins Owner Change-8.19%
Market Cap33.68B
Revenue(TTM)8.32B
Net Income(TTM)837.62M
Analysts83.08
Price Target981.84 (2.86%)
Short Float %1.78%
Short Ratio1.58
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-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)16.79%
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 | 40.41 | ||
| Fwd PE | 32.27 | ||
| P/S | 4.05 | ||
| P/FCF | 42.16 | ||
| P/OCF | 36.28 | ||
| P/B | 15.08 | ||
| P/tB | 38.56 | ||
| EV/EBITDA | 26.88 |
EPS(TTM)23.62
EY2.47%
EPS(NY)29.58
Fwd EY3.1%
FCF(TTM)22.64
FCFY2.37%
OCF(TTM)26.31
OCFY2.76%
SpS235.92
BVpS63.3
TBVpS24.75
PEG (NY)0.53
PEG (5Y)1.1
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 | 8.58 |
F-Score7
WACC10.16%
ROIC/WACC3.22
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 40.41 and the Price/Book (PB) ratio is 15.08.
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.