VIAD CORP (VVI) Stock Fundamental Analysis
USA - NYSE:VVI - US92552R4065 - Common Stock
42.51 USD
-0.3 (-0.7%)
42.51 USD
0 (0%)
Overall VVI gets a fundamental rating of 3 out of 10. We evaluated VVI against 84 industry peers in the Commercial Services & Supplies industry. Both the profitability and financial health of VVI have multiple concerns. VVI has a decent growth rate and is not valued too expensively.
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
VVI has a worse Return On Assets (0.17%) than 60.24% of its industry peers.
Looking at the Return On Equity, with a value of 0.88%, VVI is in line with its industry, outperforming 44.58% of the companies in the same industry.
The Return On Invested Capital of VVI (7.58%) is better than 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
VVI has a worse Profit Margin (0.12%) than 60.24% of its industry peers.
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.
Looking at the Gross Margin, with a value of 7.99%, VVI is doing worse than 87.95% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), VVI is destroying value.
Compared to 1 year ago, VVI has more shares outstanding
The number of shares outstanding for VVI has been increased compared to 5 years ago.
VVI has a better debt/assets ratio than last year.
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.
VVI has a Altman-Z score (1.92) which is in line with its industry peers.
The Debt to FCF ratio of VVI is 8.29, which is on the high side as it means it would take VVI, 8.29 years of fcf income to pay off all of its debts.
VVI has a Debt to FCF ratio of 8.29. This is comparable to the rest of the industry: VVI outperforms 55.42% of its industry peers.
A Debt/Equity ratio of 1.67 is on the high side and indicates that VVI has dependencies on debt financing.
The Debt to Equity ratio of VVI (1.67) is worse than 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
A Current Ratio of 1.01 indicates that VVI should not have too much problems paying 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.
VVI has a Quick ratio of 0.97. This is in the lower half of the industry: VVI underperforms 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
Looking at the last year, VVI shows a quite strong growth in Revenue. The Revenue has grown by 14.91% in the last year.
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
Based on the Price/Earnings ratio of 40.10, the valuation of VVI can be described as expensive.
VVI's Price/Earnings is on the same level as the industry average.
VVI's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.41.
VVI is valuated quite expensively with a Price/Forward Earnings ratio of 28.39.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VVI is on the same level as its industry peers.
VVI's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 22.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.1 | ||
| Fwd PE | 28.39 |
4.2 Price Multiples
VVI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. VVI is cheaper than 79.52% of the companies in the same industry.
68.67% of the companies in the same industry are more expensive than VVI, based on the Price/Free Cash Flow ratio.
| 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.
A more expensive valuation may be justified as VVI's earnings are expected to grow with 141.06% in the coming years.
PEG (NY)0.04
PEG (5Y)N/A
EPS Next 2Y331.71%
EPS Next 3Y141.06%
5. Dividend
5.1 Amount
VVI does not give a dividend.
| 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 Change3.05%
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%