VIAD CORP (VVI) Stock Fundamental Analysis
NYSE:VVI - New York Stock Exchange, Inc. - US92552R4065 - Common Stock - Currency: USD
Taking everything into account, VVI scores 3 out of 10 in our fundamental rating. VVI was compared to 83 industry peers in the Commercial Services & Supplies industry. VVI has a bad profitability rating. Also its financial health evaluation is rather negative. VVI has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
VVI had positive earnings in the past year.
VVI had a positive operating cash flow in the past year.
In multiple years VVI reported negative net income over the last 5 years.
The reported operating cash flow has been mixed in the past 5 years: VVI reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.17%, VVI is doing worse than 60.24% of the companies in the same industry.
With a Return On Equity value of 0.88%, VVI perfoms like the industry average, outperforming 44.58% of the companies in the same industry.
VVI has a Return On Invested Capital of 7.58%. This is in the better half of the industry: VVI outperforms 63.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.17% | ||
| ROE | 0.88% | ||
| ROIC | 7.58% |
ROA(3y)-2.76%
ROA(5y)-10.2%
ROE(3y)-20.83%
ROE(5y)-45.26%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 0.12%, VVI is doing worse than 60.24% of the companies in the same industry.
VVI's Profit Margin has declined in the last couple of years.
The Operating Margin of VVI (6.31%) is comparable to the rest of the industry.
VVI's Operating Margin has improved in the last couple of years.
VVI's Gross Margin of 7.99% is on the low side compared to the rest of the industry. VVI is outperformed by 87.95% of its industry peers.
In the last couple of years the Gross Margin of VVI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.31% | ||
| PM (TTM) | 0.12% | ||
| GM | 7.99% |
OM growth 3YN/A
OM growth 5Y4.09%
PM growth 3YN/A
PM growth 5Y-33.69%
GM growth 3YN/A
GM growth 5Y4.25%
2. Health
2.1 Basic Checks
VVI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
VVI has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, VVI has more shares outstanding
Compared to 1 year ago, VVI has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.92 indicates that VVI is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 1.92, VVI perfoms like the industry average, outperforming 43.37% of the companies in the same industry.
VVI has a debt to FCF ratio of 8.29. This is a slightly negative value and a sign of low solvency as VVI would need 8.29 years to pay back of all of its debts.
VVI has a Debt to FCF ratio (8.29) which is comparable to the rest of the industry.
A Debt/Equity ratio of 1.67 is on the high side and indicates that VVI has dependencies on debt financing.
VVI's Debt to Equity ratio of 1.67 is on the low side compared to the rest of the industry. VVI is outperformed by 78.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.67 | ||
| Debt/FCF | 8.29 | ||
| Altman-Z | 1.92 |
ROIC/WACC0.84
WACC9.03%
2.3 Liquidity
VVI has a Current Ratio of 1.01. This is a normal value and indicates that VVI is financially healthy and should not expect problems in meeting its short term obligations.
VVI's Current ratio of 1.01 is on the low side compared to the rest of the industry. VVI is outperformed by 77.11% of its industry peers.
VVI has a Quick Ratio of 1.01. This is a bad value and indicates that VVI is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of VVI (0.97) is worse than 68.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 268.25% over the past year.
The earnings per share for VVI have been decreasing by -34.31% on average. This is quite bad
VVI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.91%.
Measured over the past years, VVI shows a small growth in Revenue. The Revenue has been growing by 0.02% on average per year.
EPS 1Y (TTM)268.25%
EPS 3YN/A
EPS 5Y-34.31%
EPS Q2Q%34.9%
Revenue 1Y (TTM)14.91%
Revenue growth 3Y43.93%
Revenue growth 5Y0.02%
Sales Q2Q%24.54%
3.2 Future
The Earnings Per Share is expected to grow by 141.06% on average over the next years. This is a very strong growth
The Revenue is expected to decrease by -30.73% on average over the next years. This is quite bad
EPS Next Y945.4%
EPS Next 2Y331.71%
EPS Next 3Y141.06%
EPS Next 5YN/A
Revenue Next Year11%
Revenue Next 2Y-7.79%
Revenue Next 3Y-30.73%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 40.10, VVI can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of VVI is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 24.29. VVI is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 28.39, VVI can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VVI is on the same level as its industry peers.
VVI is valuated rather expensively when we compare the Price/Forward Earnings ratio to 20.42, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.1 | ||
| Fwd PE | 28.39 |
4.2 Price Multiples
79.52% of the companies in the same industry are more expensive than VVI, based on the Enterprise Value to EBITDA ratio.
VVI's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. VVI is cheaper than 68.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.14 | ||
| EV/EBITDA | 7.58 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
VVI's earnings are expected to grow with 141.06% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.04
PEG (5Y)N/A
EPS Next 2Y331.71%
EPS Next 3Y141.06%
5. Dividend
5.1 Amount
No dividends for VVI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
42.51
-0.3 (-0.7%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner Change0.79%
Ins OwnersN/A
Ins Owner Change0%
Market Cap901.21M
Analysts80
Price Target57.46 (35.17%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.37
Dividend Growth(5Y)-1.52%
DP387.72%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.81%
Min EPS beat(2)2.85%
Max EPS beat(2)16.77%
EPS beat(4)2
Avg EPS beat(4)3.03%
Min EPS beat(4)-4.56%
Max EPS beat(4)16.77%
EPS beat(8)5
Avg EPS beat(8)4.17%
EPS beat(12)6
Avg EPS beat(12)17.05%
EPS beat(16)7
Avg EPS beat(16)0.19%
Revenue beat(2)2
Avg Revenue beat(2)3.94%
Min Revenue beat(2)3.55%
Max Revenue beat(2)4.32%
Revenue beat(4)4
Avg Revenue beat(4)3.14%
Min Revenue beat(4)0.47%
Max Revenue beat(4)4.32%
Revenue beat(8)8
Avg Revenue beat(8)5.01%
Revenue beat(12)12
Avg Revenue beat(12)14.18%
Revenue beat(16)16
Avg Revenue beat(16)19.77%
PT rev (1m)0%
PT rev (3m)27.07%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-69.82%
EPS NY rev (1m)0%
EPS NY rev (3m)-24.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-10.9%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.1 | ||
| Fwd PE | 28.39 | ||
| P/S | 0.54 | ||
| P/FCF | 19.14 | ||
| P/OCF | 7.43 | ||
| P/B | 3.93 | ||
| P/tB | 16.37 | ||
| EV/EBITDA | 7.58 |
EPS(TTM)1.06
EY2.49%
EPS(NY)1.5
Fwd EY3.52%
FCF(TTM)2.22
FCFY5.22%
OCF(TTM)5.72
OCFY13.45%
SpS78.91
BVpS10.82
TBVpS2.6
PEG (NY)0.04
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.17% | ||
| ROE | 0.88% | ||
| ROCE | 11.88% | ||
| ROIC | 7.58% | ||
| ROICexc | 8.17% | ||
| ROICexgc | 10.37% | ||
| OM | 6.31% | ||
| PM (TTM) | 0.12% | ||
| GM | 7.99% | ||
| FCFM | 2.81% |
ROA(3y)-2.76%
ROA(5y)-10.2%
ROE(3y)-20.83%
ROE(5y)-45.26%
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 5Y-20.49%
ROICexc growth 3YN/A
ROICexc growth 5Y-6.93%
OM growth 3YN/A
OM growth 5Y4.09%
PM growth 3YN/A
PM growth 5Y-33.69%
GM growth 3YN/A
GM growth 5Y4.25%
F-Score7
Asset Turnover1.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.67 | ||
| Debt/FCF | 8.29 | ||
| Debt/EBITDA | 2.36 | ||
| Cap/Depr | 131.69% | ||
| Cap/Sales | 4.43% | ||
| Interest Coverage | 2.2 | ||
| Cash Conversion | 74.9% | ||
| Profit Quality | 2340.11% | ||
| Current Ratio | 1.01 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z | 1.92 |
F-Score7
WACC9.03%
ROIC/WACC0.84
Cap/Depr(3y)128.28%
Cap/Depr(5y)121.71%
Cap/Sales(3y)7.84%
Cap/Sales(5y)8.45%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)268.25%
EPS 3YN/A
EPS 5Y-34.31%
EPS Q2Q%34.9%
EPS Next Y945.4%
EPS Next 2Y331.71%
EPS Next 3Y141.06%
EPS Next 5YN/A
Revenue 1Y (TTM)14.91%
Revenue growth 3Y43.93%
Revenue growth 5Y0.02%
Sales Q2Q%24.54%
Revenue Next Year11%
Revenue Next 2Y-7.79%
Revenue Next 3Y-30.73%
Revenue Next 5YN/A
EBIT growth 1Y68.96%
EBIT growth 3YN/A
EBIT growth 5Y4.11%
EBIT Next Year96.76%
EBIT Next 3Y9.81%
EBIT Next 5YN/A
FCF growth 1Y1565.48%
FCF growth 3YN/A
FCF growth 5Y31.39%
OCF growth 1Y72.32%
OCF growth 3YN/A
OCF growth 5Y2.93%