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%)
We assign a fundamental rating of 5 out of 10 to FLT. FLT was compared to 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
FLT had positive earnings in the past year.
In the past year FLT had a positive cash flow from operations.
In the past 5 years FLT has always been profitable.
Each year in the past 5 years FLT had a positive operating cash flow.
1.2 Ratios
The Return On Assets of FLT (6.48%) is better than 83.33% of its industry peers.
The Return On Equity of FLT (29.91%) is better than 90.20% of its industry peers.
FLT has a better Return On Invested Capital (12.35%) than 92.16% of its industry peers.
FLT had an Average Return On Invested Capital over the past 3 years of 12.38%. This 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
FLT has a Profit Margin of 26.13%. This is in the better half of the industry: FLT outperforms 77.45% of its industry peers.
FLT's Profit Margin has declined in the last couple of years.
FLT has a Operating Margin of 44.09%. This is amongst the best in the industry. FLT outperforms 85.29% of its industry peers.
FLT's Operating Margin has been stable in the last couple of years.
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
FLT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
FLT has less shares outstanding than it did 1 year ago.
Compared to 1 year ago, FLT has an improved debt to assets ratio.
2.2 Solvency
FLT has an Altman-Z score of 2.49. This is not the best score and indicates that FLT is in the grey zone with still only limited risk for bankruptcy at the moment.
FLT has a better Altman-Z score (2.49) than 83.33% of its industry peers.
FLT has a debt to FCF ratio of 4.13. This is a neutral value as FLT would need 4.13 years to pay back of all of its debts.
FLT has a better Debt to FCF ratio (4.13) than 66.67% of its industry peers.
FLT has a Debt/Equity ratio of 1.80. This is a high value indicating a heavy dependency on external financing.
FLT has a worse Debt to Equity ratio (1.80) than 70.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 4.13 | ||
| Altman-Z | 2.49 |
ROIC/WACC1.57
WACC7.88%
2.3 Liquidity
A Current Ratio of 1.04 indicates that FLT should not have too much problems paying its short term obligations.
FLT has a Current ratio (1.04) which is in line with its industry peers.
A Quick Ratio of 1.04 indicates that FLT should not have too much problems paying 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%.
FLT shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.95% yearly.
FLT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.65%.
The Revenue has been growing by 9.08% on average over the past years. This is quite good.
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
The Earnings Per Share is expected to grow by 15.58% on average over the next years. This is quite good.
Based on estimates for the next years, FLT will show a quite strong growth in Revenue. The Revenue will grow by 8.73% on average per year.
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
With a Price/Earnings ratio of 17.92, FLT is valued on the expensive side.
FLT's Price/Earnings ratio is in line with the industry average.
FLT is valuated rather cheaply when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
FLT is valuated correctly with a Price/Forward Earnings ratio of 15.48.
FLT's Price/Forward Earnings is on the same level as the industry average.
FLT's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.92.
| 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.
Based on the Price/Free Cash Flow ratio, FLT is valued a bit cheaper than 70.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.4 | ||
| EV/EBITDA | 12.95 |
4.3 Compensation for Growth
The 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.