FLEETCOR TECHNOLOGIES INC (FLT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FLT - US3390411052 - Common Stock
303.26 USD
-2.54 (-0.83%)
303.26 USD
0 (0%)
Overall FLT gets a fundamental rating of 5 out of 10. We evaluated FLT against 98 industry peers in the Financial Services industry. While FLT has a great profitability rating, there are some minor concerns on its financial health. FLT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year FLT was profitable.
In the past year FLT had a positive cash flow from operations.
In the past 5 years FLT has always been profitable.
FLT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 6.48%, FLT belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
FLT has a better Return On Equity (29.91%) than 90.20% of its industry peers.
FLT has a Return On Invested Capital of 12.35%. This is amongst the best in the industry. FLT outperforms 92.16% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FLT is above the industry average of 8.44%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.48% | ||
| ROE | 29.91% | ||
| ROIC | 12.35% |
ROA(3y)6.51%
ROA(5y)6.62%
ROE(3y)32.25%
ROE(5y)28.37%
ROIC(3y)12.38%
ROIC(5y)11.79%
1.3 Margins
With a decent Profit Margin value of 26.13%, FLT is doing good in the industry, outperforming 77.45% of the companies in the same industry.
FLT's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 44.09%, FLT belongs to the top of the industry, outperforming 85.29% of the companies in the same industry.
In the last couple of years the Operating Margin of FLT has remained more or less at the same level.
FLT has a better Gross Margin (78.18%) than 86.27% of its industry peers.
FLT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 44.09% | ||
| PM (TTM) | 26.13% | ||
| GM | 78.18% |
OM growth 3Y2.7%
OM growth 5Y-0.33%
PM growth 3Y-3.94%
PM growth 5Y-4.76%
GM growth 3YN/A
GM growth 5Y-4.8%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FLT is creating some value.
The number of shares outstanding for FLT has been reduced compared to 1 year ago.
FLT has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.49 indicates that FLT is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.49, FLT belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
The Debt to FCF ratio of FLT is 4.13, which is a neutral value as it means it would take FLT, 4.13 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of FLT (4.13) is better than 66.67% of its industry peers.
A Debt/Equity ratio of 1.80 is on the high side and indicates that FLT has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.80, FLT is doing worse than 70.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 4.13 | ||
| Altman-Z | 2.49 |
ROIC/WACC1.57
WACC7.88%
2.3 Liquidity
FLT has a Current Ratio of 1.04. This is a normal value and indicates that FLT is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.04, FLT is in line with its industry, outperforming 43.14% of the companies in the same industry.
FLT has a Quick Ratio of 1.04. This is a normal value and indicates that FLT is financially healthy and should not expect problems in meeting its short term obligations.
FLT has a Quick ratio (1.04) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
FLT shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.09%.
Measured over the past years, FLT shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.95% on average per year.
The Revenue has grown by 9.65% in the past year. This is quite good.
Measured over the past years, FLT shows a quite strong growth in Revenue. The Revenue has been growing by 9.08% on average per year.
EPS 1Y (TTM)5.09%
EPS 3Y15.12%
EPS 5Y9.95%
EPS Q2Q%9.9%
Revenue 1Y (TTM)9.65%
Revenue growth 3Y16.3%
Revenue growth 5Y9.08%
Sales Q2Q%6.08%
3.2 Future
FLT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.58% yearly.
The Revenue is expected to grow by 8.73% on average over the next years. This is quite good.
EPS Next Y15.77%
EPS Next 2Y16.02%
EPS Next 3Y15.58%
EPS Next 5YN/A
Revenue Next Year7.65%
Revenue Next 2Y8.57%
Revenue Next 3Y8.73%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 17.92 indicates a rather expensive valuation of FLT.
FLT's Price/Earnings is on the same level as the industry average.
FLT is valuated rather cheaply when we compare the Price/Earnings ratio to 27.00, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 15.48 indicates a correct valuation of FLT.
The rest of the industry has a similar Price/Forward Earnings ratio as FLT.
FLT's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.70.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.92 | ||
| Fwd PE | 15.48 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FLT indicates a somewhat cheap valuation: FLT is cheaper than 69.61% of the companies listed in the same industry.
70.59% of the companies in the same industry are more expensive than FLT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.4 | ||
| EV/EBITDA | 12.95 |
4.3 Compensation for Growth
FLT's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of FLT may justify a higher PE ratio.
A more expensive valuation may be justified as FLT's earnings are expected to grow with 15.58% in the coming years.
PEG (NY)1.14
PEG (5Y)1.8
EPS Next 2Y16.02%
EPS Next 3Y15.58%
5. Dividend
5.1 Amount
FLT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
303.26
-2.54 (-0.83%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners0.34%
Inst Owner Change0%
Ins Owners6.57%
Ins Owner Change0%
Market Cap21.90B
Revenue(TTM)3.76B
Net Income(TTM)981.86M
Analysts78.26
Price Target321.23 (5.93%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.49%
Min EPS beat(2)-1.84%
Max EPS beat(2)-1.14%
EPS beat(4)1
Avg EPS beat(4)-0.4%
Min EPS beat(4)-1.84%
Max EPS beat(4)1.9%
EPS beat(8)5
Avg EPS beat(8)1.35%
EPS beat(12)9
Avg EPS beat(12)1.82%
EPS beat(16)13
Avg EPS beat(16)2.59%
Revenue beat(2)0
Avg Revenue beat(2)-3.06%
Min Revenue beat(2)-4.34%
Max Revenue beat(2)-1.78%
Revenue beat(4)1
Avg Revenue beat(4)-1.4%
Min Revenue beat(4)-4.34%
Max Revenue beat(4)1.23%
Revenue beat(8)5
Avg Revenue beat(8)0.27%
Revenue beat(12)8
Avg Revenue beat(12)0.79%
Revenue beat(16)10
Avg Revenue beat(16)0.64%
PT rev (1m)0.43%
PT rev (3m)9.71%
EPS NQ rev (1m)-0.02%
EPS NQ rev (3m)-6.51%
EPS NY rev (1m)0.14%
EPS NY rev (3m)0.63%
Revenue NQ rev (1m)0.01%
Revenue NQ rev (3m)-3.92%
Revenue NY rev (1m)-1.39%
Revenue NY rev (3m)-1.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.92 | ||
| Fwd PE | 15.48 | ||
| P/S | 5.8 | ||
| P/FCF | 13.4 | ||
| P/OCF | 12.24 | ||
| P/B | 6.64 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.95 |
EPS(TTM)16.92
EY5.58%
EPS(NY)19.59
Fwd EY6.46%
FCF(TTM)22.64
FCFY7.46%
OCF(TTM)24.78
OCFY8.17%
SpS52.3
BVpS45.68
TBVpS-62.27
PEG (NY)1.14
PEG (5Y)1.8
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.48% | ||
| ROE | 29.91% | ||
| ROCE | 19.08% | ||
| ROIC | 12.35% | ||
| ROICexc | 14.35% | ||
| ROICexgc | 146.38% | ||
| OM | 44.09% | ||
| PM (TTM) | 26.13% | ||
| GM | 78.18% | ||
| FCFM | 43.28% |
ROA(3y)6.51%
ROA(5y)6.62%
ROE(3y)32.25%
ROE(5y)28.37%
ROIC(3y)12.38%
ROIC(5y)11.79%
ROICexc(3y)14.89%
ROICexc(5y)14.05%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)17.46%
ROCE(5y)16.33%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y7.63%
ROICexc growth 5Y0.05%
OM growth 3Y2.7%
OM growth 5Y-0.33%
PM growth 3Y-3.94%
PM growth 5Y-4.76%
GM growth 3YN/A
GM growth 5Y-4.8%
F-Score7
Asset Turnover0.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 4.13 | ||
| Debt/EBITDA | 2.96 | ||
| Cap/Depr | 45.7% | ||
| Cap/Sales | 4.09% | ||
| Interest Coverage | 3.7 | ||
| Cash Conversion | 89.3% | ||
| Profit Quality | 165.65% | ||
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 2.49 |
F-Score7
WACC7.88%
ROIC/WACC1.57
Cap/Depr(3y)43.97%
Cap/Depr(5y)38.02%
Cap/Sales(3y)4.15%
Cap/Sales(5y)3.71%
Profit Quality(3y)119.4%
Profit Quality(5y)135.52%
High Growth Momentum
Growth
EPS 1Y (TTM)5.09%
EPS 3Y15.12%
EPS 5Y9.95%
EPS Q2Q%9.9%
EPS Next Y15.77%
EPS Next 2Y16.02%
EPS Next 3Y15.58%
EPS Next 5YN/A
Revenue 1Y (TTM)9.65%
Revenue growth 3Y16.3%
Revenue growth 5Y9.08%
Sales Q2Q%6.08%
Revenue Next Year7.65%
Revenue Next 2Y8.57%
Revenue Next 3Y8.73%
Revenue Next 5YN/A
EBIT growth 1Y14.53%
EBIT growth 3Y19.44%
EBIT growth 5Y8.72%
EBIT Next Year33.78%
EBIT Next 3Y17.84%
EBIT Next 5YN/A
FCF growth 1Y169.54%
FCF growth 3Y5.27%
FCF growth 5Y14.62%
OCF growth 1Y135.86%
OCF growth 3Y6.53%
OCF growth 5Y14.53%
FLEETCOR TECHNOLOGIES INC / FLT FAQ
What is the ChartMill fundamental rating of FLEETCOR TECHNOLOGIES INC (FLT) stock?
ChartMill assigns a fundamental rating of 5 / 10 to FLT.
Can you provide the valuation status for FLEETCOR TECHNOLOGIES INC?
ChartMill assigns a valuation rating of 5 / 10 to FLEETCOR TECHNOLOGIES INC (FLT). This can be considered as Fairly Valued.
Can you provide the profitability details for FLEETCOR TECHNOLOGIES INC?
FLEETCOR TECHNOLOGIES INC (FLT) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for FLT stock?
The Price/Earnings (PE) ratio for FLEETCOR TECHNOLOGIES INC (FLT) is 17.92 and the Price/Book (PB) ratio is 6.64.
What is the earnings growth outlook for FLEETCOR TECHNOLOGIES INC?
The Earnings per Share (EPS) of FLEETCOR TECHNOLOGIES INC (FLT) is expected to grow by 15.77% in the next year.