VIAD CORP (VVI) Stock Fundamental Analysis
NYSE:VVI - New York Stock Exchange, Inc. - US92552R4065 - Common Stock - Currency: USD
Overall VVI gets a fundamental rating of 3 out of 10. We evaluated VVI against 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 decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
VVI had positive earnings in the past year.
In the past year VVI had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: VVI reported negative net income in multiple years.
In multiple years VVI reported negative operating cash flow during the last 5 years.
1.2 Ratios
VVI has a Return On Assets of 0.17%. This is in the lower half of the industry: VVI underperforms 60.24% of its industry peers.
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.
With a decent Return On Invested Capital value of 7.58%, VVI is doing good in the industry, outperforming 63.86% of the companies in the same industry.
| 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.
VVI has a Operating Margin (6.31%) which is in line with its industry peers.
In the last couple of years the Operating Margin of VVI has grown nicely.
With a Gross Margin value of 7.99%, VVI is not doing good in the industry: 87.95% of the companies in the same industry are doing better.
VVI's Gross Margin has improved in the last couple of years.
| 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
VVI has more shares outstanding than it did 5 years ago.
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.
Looking at the Debt to FCF ratio, with a value of 8.29, VVI is in line with its industry, outperforming 55.42% of the companies in the same industry.
A Debt/Equity ratio of 1.67 is on the high side and indicates that VVI has dependencies on debt financing.
VVI has a Debt to Equity ratio of 1.67. This is in the lower half of the industry: VVI underperforms 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.
Looking at the Current ratio, with a value of 1.01, VVI is doing worse than 77.11% of the companies in the same industry.
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's Quick ratio of 0.97 is on the low side compared to the rest of the industry. VVI is outperformed by 68.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
VVI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 268.25%, which is quite impressive.
VVI shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -34.31% yearly.
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
VVI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 141.06% yearly.
VVI is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -30.73% yearly.
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
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
VVI is valuated quite expensively with a Price/Earnings ratio of 40.10.
VVI's Price/Earnings is on the same level as the industry average.
VVI is valuated rather expensively when we compare the Price/Earnings ratio to 27.41, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 28.39, VVI can be considered very expensive at the moment.
VVI's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.19, VVI is valued at the same level.
| 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.
Based on the Price/Free Cash Flow ratio, VVI is valued a bit 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
VVI's 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
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 Change0%
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%