GLOBAL INDUSTRIAL CO (GIC) Stock Fundamental Analysis
NYSE:GIC - New York Stock Exchange, Inc. - US37892E1029 - Common Stock - Currency: USD
GIC gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 50 industry peers in the Trading Companies & Distributors industry. GIC has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. GIC is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year GIC was profitable.
In the past year GIC had a positive cash flow from operations.
GIC had positive earnings in each of the past 5 years.
In the past 5 years GIC always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of GIC (11.29%) is better than 94.00% of its industry peers.
The Return On Equity of GIC (21.69%) is better than 80.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 16.64%, GIC belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for GIC is significantly above the industry average of 9.99%.
The last Return On Invested Capital (16.64%) for GIC is well below the 3 year average (21.56%), which needs to be investigated, but indicates that GIC had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.29% | ||
| ROE | 21.69% | ||
| ROIC | 16.64% |
ROA(3y)14.27%
ROA(5y)17.15%
ROE(3y)28.95%
ROE(5y)43.07%
ROIC(3y)21.56%
ROIC(5y)25.41%
1.3 Margins
The Profit Margin of GIC (5.00%) is comparable to the rest of the industry.
GIC's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 6.67%, GIC perfoms like the industry average, outperforming 54.00% of the companies in the same industry.
In the last couple of years the Operating Margin of GIC has declined.
GIC's Gross Margin of 35.01% is fine compared to the rest of the industry. GIC outperforms 64.00% of its industry peers.
GIC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.67% | ||
| PM (TTM) | 5% | ||
| GM | 35.01% |
OM growth 3Y-9.59%
OM growth 5Y-2.37%
PM growth 3Y-21.86%
PM growth 5Y-1.98%
GM growth 3Y-0.82%
GM growth 5Y-0.03%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), GIC is creating value.
The number of shares outstanding for GIC has been increased compared to 1 year ago.
Compared to 5 years ago, GIC has more shares outstanding
There is no outstanding debt for GIC. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 6.27 indicates that GIC is not in any danger for bankruptcy at the moment.
The Altman-Z score of GIC (6.27) is better than 88.00% of its industry peers.
GIC has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 6.27 |
ROIC/WACC1.65
WACC10.06%
2.3 Liquidity
A Current Ratio of 2.10 indicates that GIC has no problem at all paying its short term obligations.
GIC's Current ratio of 2.10 is in line compared to the rest of the industry. GIC outperforms 56.00% of its industry peers.
A Quick Ratio of 1.19 indicates that GIC should not have too much problems paying its short term obligations.
GIC has a Quick ratio of 1.19. This is comparable to the rest of the industry: GIC outperforms 48.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.1 | ||
| Quick Ratio | 1.19 |
3. Growth
3.1 Past
The earnings per share for GIC have decreased by -5.00% in the last year.
The Earnings Per Share has been growing slightly by 3.07% on average over the past years.
The Revenue has decreased by -1.58% in the past year.
GIC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.80% yearly.
EPS 1Y (TTM)-5%
EPS 3Y-4.98%
EPS 5Y3.07%
EPS Q2Q%25%
Revenue 1Y (TTM)-1.58%
Revenue growth 3Y7.37%
Revenue growth 5Y6.8%
Sales Q2Q%3.19%
3.2 Future
GIC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.43% yearly.
The Revenue is expected to grow by 4.04% on average over the next years.
EPS Next Y8.72%
EPS Next 2Y8.8%
EPS Next 3Y3.43%
EPS Next 5YN/A
Revenue Next Year2.85%
Revenue Next 2Y3.47%
Revenue Next 3Y4.04%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 20.26, which indicates a rather expensive current valuation of GIC.
64.00% of the companies in the same industry are more expensive than GIC, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of GIC to the average of the S&P500 Index (26.51), we can say GIC is valued slightly cheaper.
GIC is valuated rather expensively with a Price/Forward Earnings ratio of 18.65.
GIC's Price/Forward Earnings ratio is in line with the industry average.
GIC is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 34.09, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.26 | ||
| Fwd PE | 18.65 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GIC is on the same level as its industry peers.
GIC's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. GIC is cheaper than 70.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.16 | ||
| EV/EBITDA | 13.27 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of GIC may justify a higher PE ratio.
PEG (NY)2.32
PEG (5Y)6.61
EPS Next 2Y8.8%
EPS Next 3Y3.43%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.01%, GIC has a reasonable but not impressive dividend return.
GIC's Dividend Yield is rather good when compared to the industry average which is at 2.02. GIC pays more dividend than 94.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, GIC pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.01% |
5.2 History
The dividend of GIC decreases each year by -32.10%.
GIC has been paying a dividend for over 5 years, so it has already some track record.
GIC has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-32.1%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
GIC pays out 59.37% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP59.37%
EPS Next 2Y8.8%
EPS Next 3Y3.43%
34.65
+0.13 (+0.38%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners35.15%
Inst Owner Change-7.28%
Ins Owners53.05%
Ins Owner Change2.31%
Market Cap1.33B
Analysts45
Price Target38.76 (11.86%)
Short Float %2.19%
Short Ratio5.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.01% |
Yearly Dividend1.01
Dividend Growth(5Y)-32.1%
DP59.37%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)51.64%
Min EPS beat(2)30.01%
Max EPS beat(2)73.27%
EPS beat(4)2
Avg EPS beat(4)18.47%
Min EPS beat(4)-24.89%
Max EPS beat(4)73.27%
EPS beat(8)4
Avg EPS beat(8)8.57%
EPS beat(12)5
Avg EPS beat(12)6.45%
EPS beat(16)8
Avg EPS beat(16)9.76%
Revenue beat(2)2
Avg Revenue beat(2)2.26%
Min Revenue beat(2)1%
Max Revenue beat(2)3.53%
Revenue beat(4)2
Avg Revenue beat(4)-0.64%
Min Revenue beat(4)-4.87%
Max Revenue beat(4)3.53%
Revenue beat(8)4
Avg Revenue beat(8)-0.06%
Revenue beat(12)6
Avg Revenue beat(12)-0.22%
Revenue beat(16)8
Avg Revenue beat(16)0.1%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)13.73%
EPS NQ rev (3m)11.54%
EPS NY rev (1m)0%
EPS NY rev (3m)10.82%
Revenue NQ rev (1m)0.97%
Revenue NQ rev (3m)-0.4%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.26 | ||
| Fwd PE | 18.65 | ||
| P/S | 1 | ||
| P/FCF | 23.16 | ||
| P/OCF | 21.93 | ||
| P/B | 4.36 | ||
| P/tB | 5.55 | ||
| EV/EBITDA | 13.27 |
EPS(TTM)1.71
EY4.94%
EPS(NY)1.86
Fwd EY5.36%
FCF(TTM)1.5
FCFY4.32%
OCF(TTM)1.58
OCFY4.56%
SpS34.53
BVpS7.96
TBVpS6.24
PEG (NY)2.32
PEG (5Y)6.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.29% | ||
| ROE | 21.69% | ||
| ROCE | 22.14% | ||
| ROIC | 16.64% | ||
| ROICexc | 19.31% | ||
| ROICexgc | 23.88% | ||
| OM | 6.67% | ||
| PM (TTM) | 5% | ||
| GM | 35.01% | ||
| FCFM | 4.33% |
ROA(3y)14.27%
ROA(5y)17.15%
ROE(3y)28.95%
ROE(5y)43.07%
ROIC(3y)21.56%
ROIC(5y)25.41%
ROICexc(3y)24.1%
ROICexc(5y)28.25%
ROICexgc(3y)28.51%
ROICexgc(5y)31.47%
ROCE(3y)28.71%
ROCE(5y)33.97%
ROICexcg growth 3Y-7.97%
ROICexcg growth 5Y-7.53%
ROICexc growth 3Y-13.97%
ROICexc growth 5Y-10.93%
OM growth 3Y-9.59%
OM growth 5Y-2.37%
PM growth 3Y-21.86%
PM growth 5Y-1.98%
GM growth 3Y-0.82%
GM growth 5Y-0.03%
F-Score5
Asset Turnover2.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 42.11% | ||
| Cap/Sales | 0.24% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 63.13% | ||
| Profit Quality | 86.71% | ||
| Current Ratio | 2.1 | ||
| Quick Ratio | 1.19 | ||
| Altman-Z | 6.27 |
F-Score5
WACC10.06%
ROIC/WACC1.65
Cap/Depr(3y)100.23%
Cap/Depr(5y)91.69%
Cap/Sales(3y)0.41%
Cap/Sales(5y)0.36%
Profit Quality(3y)94.7%
Profit Quality(5y)85.83%
High Growth Momentum
Growth
EPS 1Y (TTM)-5%
EPS 3Y-4.98%
EPS 5Y3.07%
EPS Q2Q%25%
EPS Next Y8.72%
EPS Next 2Y8.8%
EPS Next 3Y3.43%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.58%
Revenue growth 3Y7.37%
Revenue growth 5Y6.8%
Sales Q2Q%3.19%
Revenue Next Year2.85%
Revenue Next 2Y3.47%
Revenue Next 3Y4.04%
Revenue Next 5YN/A
EBIT growth 1Y-5.35%
EBIT growth 3Y-2.93%
EBIT growth 5Y4.27%
EBIT Next Year33.19%
EBIT Next 3Y12.7%
EBIT Next 5YN/A
FCF growth 1Y-48.24%
FCF growth 3Y0.36%
FCF growth 5Y-5.28%
OCF growth 1Y-48.47%
OCF growth 3Y0.6%
OCF growth 5Y-5.81%