FULTON FINANCIAL CORP (FULT) Stock Fundamental Analysis
USA - NASDAQ:FULT - US3602711000 - Common Stock
18.02 USD
+0.34 (+1.92%)
18 USD
-0.02 (-0.11%)
Overall FULT gets a fundamental rating of 3 out of 10. We evaluated FULT against 390 industry peers in the Banks industry. FULT has a bad profitability rating. Also its financial health evaluation is rather negative. FULT has a decent growth rate and is not valued too expensively.
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.
In the past 5 years FULT has always been profitable.
In the past 5 years FULT always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.98%, FULT is in the better half of the industry, outperforming 62.31% of the companies in the same industry.
The Return On Equity of FULT (9.42%) is comparable to the rest of the industry.
| 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 54.36% of the companies in the same industry.
FULT's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for FULT so they could not be analyzed.
| 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
Compared to 5 years ago, FULT has more shares outstanding
Compared to 1 year ago, FULT has an improved debt to assets ratio.
2.2 Solvency
FULT has a debt to FCF ratio of 7.18. This is a slightly negative value and a sign of low solvency as FULT would need 7.18 years to pay back of all of its debts.
FULT has a worse Debt to FCF ratio (7.18) than 74.62% of its industry peers.
FULT has a Debt/Equity ratio of 0.29. This is a healthy value indicating a solid balance between debt and equity.
FULT has a Debt to Equity ratio of 0.29. This is in the lower half of the industry: FULT underperforms 67.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 7.18 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.71%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
FULT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.20%, which is quite good.
Measured over the past 5 years, FULT shows a small growth in Earnings Per Share. The EPS has been growing by 6.04% on average per year.
The Revenue has grown by 9.16% in the past year. This is quite good.
Measured over the past years, FULT shows a small growth in Revenue. The Revenue has been growing by 7.41% on average per year.
EPS 1Y (TTM)16.2%
EPS 3Y4.31%
EPS 5Y6.04%
EPS Q2Q%10%
Revenue 1Y (TTM)9.16%
Revenue growth 3Y9.66%
Revenue growth 5Y7.41%
Sales Q2Q%29.69%
3.2 Future
FULT is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.45% yearly.
FULT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.07% yearly.
EPS Next Y10.08%
EPS Next 2Y6.14%
EPS Next 3Y7.45%
EPS Next 5YN/A
Revenue Next Year7.35%
Revenue Next 2Y5.07%
Revenue Next 3YN/A
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.
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
With a Price/Earnings ratio of 8.66, the valuation of FULT can be described as very reasonable.
Based on the Price/Earnings ratio, FULT is valued cheaply inside the industry as 87.18% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.89, FULT is valued rather cheaply.
FULT is valuated reasonably with a Price/Forward Earnings ratio of 8.65.
FULT's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FULT is cheaper than 73.08% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of FULT to the average of the S&P500 Index (22.99), we can say FULT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.66 | ||
| Fwd PE | 8.65 |
4.2 Price Multiples
FULT's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. FULT is more expensive than 73.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.2 | ||
| 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)0.86
PEG (5Y)1.43
EPS Next 2Y6.14%
EPS Next 3Y7.45%
5. Dividend
5.1 Amount
FULT has a Yearly Dividend Yield of 4.00%. 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 3.53.
Compared to an average S&P500 Dividend Yield of 2.31, FULT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4% |
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.
FULT has decreased its dividend recently.
Dividend Growth(5Y)6.62%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
44.19% of the earnings are spent on dividend by FULT. This is a bit on the high side, but may be sustainable.
FULT's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP44.19%
EPS Next 2Y6.14%
EPS Next 3Y7.45%
18.02
+0.34 (+1.92%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners77.98%
Inst Owner Change0.06%
Ins Owners1.1%
Ins Owner Change6.51%
Market Cap3.28B
Revenue(TTM)1.30B
Net Income(TTM)313.76M
Analysts78.33
Price Target21.22 (17.76%)
Short Float %2.28%
Short Ratio2.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4% |
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)0%
PT rev (3m)5.05%
EPS NQ rev (1m)-0.11%
EPS NQ rev (3m)8.94%
EPS NY rev (1m)-0.19%
EPS NY rev (3m)7.45%
Revenue NQ rev (1m)-0.07%
Revenue NQ rev (3m)1.88%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)1.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.66 | ||
| Fwd PE | 8.65 | ||
| P/S | 2.56 | ||
| P/FCF | 24.2 | ||
| P/OCF | 17.46 | ||
| P/B | 0.99 | ||
| P/tB | 1.21 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.08
EY11.54%
EPS(NY)2.08
Fwd EY11.57%
FCF(TTM)0.74
FCFY4.13%
OCF(TTM)1.03
OCFY5.73%
SpS7.03
BVpS18.28
TBVpS14.86
PEG (NY)0.86
PEG (5Y)1.43
Graham Number29.25
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
ROICexgc growth 3YN/A
ROICexgc 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
WACC15.71%
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)16.2%
EPS 3Y4.31%
EPS 5Y6.04%
EPS Q2Q%10%
EPS Next Y10.08%
EPS Next 2Y6.14%
EPS Next 3Y7.45%
EPS Next 5YN/A
Revenue 1Y (TTM)9.16%
Revenue growth 3Y9.66%
Revenue growth 5Y7.41%
Sales Q2Q%29.69%
Revenue Next Year7.35%
Revenue Next 2Y5.07%
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%
FULTON FINANCIAL CORP / FULT FAQ
Can you provide the ChartMill fundamental rating for FULTON FINANCIAL CORP?
ChartMill assigns a fundamental rating of 3 / 10 to FULT.
Can you provide the valuation status for FULTON FINANCIAL CORP?
ChartMill assigns a valuation rating of 5 / 10 to FULTON FINANCIAL CORP (FULT). This can be considered as Fairly Valued.
How profitable is FULTON FINANCIAL CORP (FULT) stock?
FULTON FINANCIAL CORP (FULT) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for FULT stock?
The Price/Earnings (PE) ratio for FULTON FINANCIAL CORP (FULT) is 8.66 and the Price/Book (PB) ratio is 0.99.
Can you provide the dividend sustainability for FULT stock?
The dividend rating of FULTON FINANCIAL CORP (FULT) is 7 / 10 and the dividend payout ratio is 44.19%.