FULTON FINANCIAL CORP (FULT) Stock Fundamental Analysis
NASDAQ:FULT - US3602711000 - Common Stock
19.86 USD
+0.1 (+0.51%)
19.86 USD
0 (0%)
Taking everything into account, FULT scores 3 out of 10 in our fundamental rating. FULT was compared to 393 industry peers in the Banks industry. FULT has a bad profitability rating. Also its financial health evaluation is rather negative. FULT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
FULT had positive earnings in the past year.
FULT had a positive operating cash flow in the past year.
Each year in the past 5 years FULT has been profitable.
Each year in the past 5 years FULT had a positive operating cash flow.
1.2 Ratios
FULT's Return On Assets of 0.98% is fine compared to the rest of the industry. FULT outperforms 62.60% of its industry peers.
FULT has a Return On Equity of 9.42%. This is in the better half of the industry: FULT outperforms 60.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.98% | ||
| ROE | 9.42% | ||
| ROIC | N/A |
ROA(3y)0.96%
ROA(5y)0.92%
ROE(3y)9.79%
ROE(5y)9.17%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 24.52%, FULT is in line with its industry, outperforming 54.45% of the companies in the same industry.
FULT's Profit Margin has declined in the last couple of years.
FULT does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 24.52% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-7.31%
PM growth 5Y-2.95%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FULT does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, FULT has more shares outstanding
FULT has more shares outstanding than it did 5 years ago.
FULT has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of FULT is 7.18, which is on the high side as it means it would take FULT, 7.18 years of fcf income to pay off all of its debts.
FULT has a Debt to FCF ratio of 7.18. This is in the lower half of the industry: FULT underperforms 73.54% of its industry peers.
A Debt/Equity ratio of 0.29 indicates that FULT is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.29, FULT is not doing good in the industry: 68.70% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 7.18 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.4%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 18.71% over the past year.
The Earnings Per Share has been growing slightly by 6.04% on average over the past years.
The Revenue has grown by 12.26% in the past year. This is quite good.
FULT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.41% yearly.
EPS 1Y (TTM)18.71%
EPS 3Y4.31%
EPS 5Y6.04%
EPS Q2Q%12.77%
Revenue 1Y (TTM)12.26%
Revenue growth 3Y9.66%
Revenue growth 5Y7.41%
Sales Q2Q%5.46%
3.2 Future
The Earnings Per Share is expected to grow by 6.47% on average over the next years.
Based on estimates for the next years, FULT will show a small growth in Revenue. The Revenue will grow by 7.45% on average per year.
EPS Next Y10.76%
EPS Next 2Y6.47%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.05%
Revenue Next 2Y7.45%
Revenue Next 3YN/A
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 Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
FULT is valuated reasonably with a Price/Earnings ratio of 9.78.
84.99% of the companies in the same industry are more expensive than FULT, based on the Price/Earnings ratio.
FULT is valuated cheaply when we compare the Price/Earnings ratio to 27.14, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 9.47, the valuation of FULT can be described as reasonable.
FULT's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FULT is cheaper than 66.92% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.80, FULT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.78 | ||
| Fwd PE | 9.47 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FULT indicates a slightly more expensive valuation: FULT is more expensive than 75.32% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.67 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
FULT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.91
PEG (5Y)1.62
EPS Next 2Y6.47%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FULT has a Yearly Dividend Yield of 3.89%. Purely for dividend investing, there may be better candidates out there.
FULT's Dividend Yield is a higher than the industry average which is at 3.30.
FULT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.89% |
5.2 History
On average, the dividend of FULT grows each year by 6.62%, which is quite nice.
FULT has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of FULT decreased recently.
Dividend Growth(5Y)6.62%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
FULT pays out 44.19% of its income as dividend. This is a bit on the high side, but may be sustainable.
FULT's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP44.19%
EPS Next 2Y6.47%
EPS Next 3YN/A
19.86
+0.1 (+0.51%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners76.39%
Inst Owner Change0.41%
Ins Owners1.11%
Ins Owner Change6.57%
Market Cap3.62B
Analysts78.33
Price Target21.22 (6.85%)
Short Float %2.15%
Short Ratio2.27
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.89% |
Yearly Dividend0.76
Dividend Growth(5Y)6.62%
DP44.19%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.14%
Min EPS beat(2)15.6%
Max EPS beat(2)18.68%
EPS beat(4)4
Avg EPS beat(4)14.44%
Min EPS beat(4)10.69%
Max EPS beat(4)18.68%
EPS beat(8)8
Avg EPS beat(8)14.37%
EPS beat(12)9
Avg EPS beat(12)6.91%
EPS beat(16)12
Avg EPS beat(16)9.16%
Revenue beat(2)0
Avg Revenue beat(2)-1.63%
Min Revenue beat(2)-2.09%
Max Revenue beat(2)-1.17%
Revenue beat(4)0
Avg Revenue beat(4)-2.03%
Min Revenue beat(4)-4.02%
Max Revenue beat(4)-0.86%
Revenue beat(8)3
Avg Revenue beat(8)-1.13%
Revenue beat(12)6
Avg Revenue beat(12)4.85%
Revenue beat(16)10
Avg Revenue beat(16)12.26%
PT rev (1m)5.05%
PT rev (3m)5.32%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.96%
EPS NY rev (1m)8.11%
EPS NY rev (3m)8.51%
Revenue NQ rev (1m)0.58%
Revenue NQ rev (3m)0.89%
Revenue NY rev (1m)0.86%
Revenue NY rev (3m)1.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.78 | ||
| Fwd PE | 9.47 | ||
| P/S | 2.83 | ||
| P/FCF | 26.67 | ||
| P/OCF | 19.24 | ||
| P/B | 1.09 | ||
| P/tB | 1.34 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.03
EY10.22%
EPS(NY)2.1
Fwd EY10.56%
FCF(TTM)0.74
FCFY3.75%
OCF(TTM)1.03
OCFY5.2%
SpS7.03
BVpS18.28
TBVpS14.86
PEG (NY)0.91
PEG (5Y)1.62
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.98% | ||
| ROE | 9.42% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 24.52% | ||
| GM | N/A | ||
| FCFM | 10.6% |
ROA(3y)0.96%
ROA(5y)0.92%
ROE(3y)9.79%
ROE(5y)9.17%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-7.31%
PM growth 5Y-2.95%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 7.18 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 84.4% | ||
| Cap/Sales | 4.09% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 43.22% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC15.4%
ROIC/WACCN/A
Cap/Depr(3y)80.27%
Cap/Depr(5y)73.99%
Cap/Sales(3y)2.86%
Cap/Sales(5y)2.56%
Profit Quality(3y)154.44%
Profit Quality(5y)132.75%
High Growth Momentum
Growth
EPS 1Y (TTM)18.71%
EPS 3Y4.31%
EPS 5Y6.04%
EPS Q2Q%12.77%
EPS Next Y10.76%
EPS Next 2Y6.47%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)12.26%
Revenue growth 3Y9.66%
Revenue growth 5Y7.41%
Sales Q2Q%5.46%
Revenue Next Year7.05%
Revenue Next 2Y7.45%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-83.15%
FCF growth 3Y4.85%
FCF growth 5Y31.82%
OCF growth 1Y-77.37%
OCF growth 3Y6.76%
OCF growth 5Y26.68%