WEX INC (WEX) Fundamental Analysis & Valuation
NYSE:WEX • US96208T1043
Current stock price
165.94 USD
+6.65 (+4.17%)
At close:
166.5 USD
+0.56 (+0.34%)
After Hours:
This WEX fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. WEX Profitability Analysis
1.1 Basic Checks
- In the past year WEX was profitable.
- In the past year WEX had a positive cash flow from operations.
- WEX had positive earnings in each of the past 5 years.
- Each year in the past 5 years WEX had a positive operating cash flow.
1.2 Ratios
- WEX has a Return On Assets (2.11%) which is comparable to the rest of the industry.
- WEX has a Return On Equity of 24.64%. This is amongst the best in the industry. WEX outperforms 89.90% of its industry peers.
- WEX has a better Return On Invested Capital (7.97%) than 76.77% of its industry peers.
- WEX had an Average Return On Invested Capital over the past 3 years of 8.75%. This is in line with the industry average of 8.00%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.11% | ||
| ROE | 24.64% | ||
| ROIC | 7.97% |
ROA(3y)2.12%
ROA(5y)1.62%
ROE(3y)20.02%
ROE(5y)14.46%
ROIC(3y)8.75%
ROIC(5y)7.59%
1.3 Margins
- With a Profit Margin value of 11.43%, WEX perfoms like the industry average, outperforming 55.56% of the companies in the same industry.
- WEX's Profit Margin has improved in the last couple of years.
- WEX has a Operating Margin of 29.05%. This is in the better half of the industry: WEX outperforms 77.78% of its industry peers.
- In the last couple of years the Operating Margin of WEX has grown nicely.
- WEX has a Gross Margin of 62.73%. This is in the better half of the industry: WEX outperforms 75.76% of its industry peers.
- In the last couple of years the Gross Margin of WEX has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.05% | ||
| PM (TTM) | 11.43% | ||
| GM | 62.73% |
OM growth 3Y2.39%
OM growth 5Y18.45%
PM growth 3Y10.07%
PM growth 5YN/A
GM growth 3Y0.78%
GM growth 5Y1.45%
2. WEX Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), WEX is creating some value.
- WEX has less shares outstanding than it did 1 year ago.
- WEX has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for WEX is higher compared to a year ago.
2.2 Solvency
- WEX has an Altman-Z score of 0.52. This is a bad value and indicates that WEX is not financially healthy and even has some risk of bankruptcy.
- The Altman-Z score of WEX (0.52) is comparable to the rest of the industry.
- WEX has a debt to FCF ratio of 20.19. This is a negative value and a sign of low solvency as WEX would need 20.19 years to pay back of all of its debts.
- With a Debt to FCF ratio value of 20.19, WEX perfoms like the industry average, outperforming 48.48% of the companies in the same industry.
- A Debt/Equity ratio of 3.89 is on the high side and indicates that WEX has dependencies on debt financing.
- With a Debt to Equity ratio value of 3.89, WEX is not doing good in the industry: 75.76% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.89 | ||
| Debt/FCF | 20.19 | ||
| Altman-Z | 0.52 |
ROIC/WACC1.08
WACC7.36%
2.3 Liquidity
- WEX has a Current Ratio of 0.54. This is a bad value and indicates that WEX is not financially healthy enough and could expect problems in meeting its short term obligations.
- WEX has a Current ratio (0.54) which is comparable to the rest of the industry.
- WEX has a Quick Ratio of 0.54. This is a bad value and indicates that WEX is not financially healthy enough and could expect problems in meeting its short term obligations.
- WEX has a Quick ratio (0.54) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.54 | ||
| Quick Ratio | 0.54 |
3. WEX Growth Analysis
3.1 Past
- WEX shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.76%.
- The Earnings Per Share has been growing by 21.67% on average over the past years. This is a very strong growth
- Looking at the last year, WEX shows a small growth in Revenue. The Revenue has grown by 1.24% in the last year.
- Measured over the past years, WEX shows a quite strong growth in Revenue. The Revenue has been growing by 11.27% on average per year.
EPS 1Y (TTM)5.76%
EPS 3Y6.07%
EPS 5Y21.67%
EPS Q2Q%15.13%
Revenue 1Y (TTM)1.24%
Revenue growth 3Y4.22%
Revenue growth 5Y11.27%
Sales Q2Q%5.72%
3.2 Future
- Based on estimates for the next years, WEX will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.30% on average per year.
- WEX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.39% yearly.
EPS Next Y10.4%
EPS Next 2Y10.51%
EPS Next 3Y10.3%
EPS Next 5YN/A
Revenue Next Year3.62%
Revenue Next 2Y4.28%
Revenue Next 3Y4.39%
Revenue Next 5YN/A
3.3 Evolution
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. WEX Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 10.27, the valuation of WEX can be described as very reasonable.
- The rest of the industry has a similar Price/Earnings ratio as WEX.
- WEX is valuated cheaply when we compare the Price/Earnings ratio to 27.18, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 9.30, which indicates a very decent valuation of WEX.
- 61.62% of the companies in the same industry are more expensive than WEX, based on the Price/Forward Earnings ratio.
- When comparing the Price/Forward Earnings ratio of WEX to the average of the S&P500 Index (37.96), we can say WEX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.27 | ||
| Fwd PE | 9.3 |
4.2 Price Multiples
- 77.78% of the companies in the same industry are more expensive than WEX, based on the Enterprise Value to EBITDA ratio.
- The rest of the industry has a similar Price/Free Cash Flow ratio as WEX.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.66 | ||
| EV/EBITDA | 7.58 |
4.3 Compensation for Growth
- WEX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- The decent profitability rating of WEX may justify a higher PE ratio.
PEG (NY)0.99
PEG (5Y)0.47
EPS Next 2Y10.51%
EPS Next 3Y10.3%
5. WEX Dividend Analysis
5.1 Amount
- No dividends for WEX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
WEX Fundamentals: All Metrics, Ratios and Statistics
165.94
+6.65 (+4.17%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)02-04 2026-02-04/amc
Earnings (Next)04-22 2026-04-22/bmo
Inst Owners112.55%
Inst Owner Change-0.02%
Ins Owners0.61%
Ins Owner Change14.45%
Market Cap5.69B
Revenue(TTM)2.66B
Net Income(TTM)304.20M
Analysts71.11
Price Target176.38 (6.29%)
Short Float %3.98%
Short Ratio2.85
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.18%
Min EPS beat(2)2.52%
Max EPS beat(2)3.84%
EPS beat(4)4
Avg EPS beat(4)3.15%
Min EPS beat(4)0.38%
Max EPS beat(4)5.86%
EPS beat(8)6
Avg EPS beat(8)1.83%
EPS beat(12)10
Avg EPS beat(12)2.93%
EPS beat(16)14
Avg EPS beat(16)3.58%
Revenue beat(2)2
Avg Revenue beat(2)0.79%
Min Revenue beat(2)0.77%
Max Revenue beat(2)0.81%
Revenue beat(4)2
Avg Revenue beat(4)0.26%
Min Revenue beat(4)-0.37%
Max Revenue beat(4)0.81%
Revenue beat(8)2
Avg Revenue beat(8)-0.87%
Revenue beat(12)5
Avg Revenue beat(12)-0.58%
Revenue beat(16)9
Avg Revenue beat(16)0.52%
PT rev (1m)0.63%
PT rev (3m)-1.94%
EPS NQ rev (1m)1.01%
EPS NQ rev (3m)-1.81%
EPS NY rev (1m)0.91%
EPS NY rev (3m)0.09%
Revenue NQ rev (1m)0.51%
Revenue NQ rev (3m)-0.28%
Revenue NY rev (1m)0.54%
Revenue NY rev (3m)-0.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.27 | ||
| Fwd PE | 9.3 | ||
| P/S | 2.14 | ||
| P/FCF | 23.66 | ||
| P/OCF | 12.53 | ||
| P/B | 4.61 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.58 |
EPS(TTM)16.16
EY9.74%
EPS(NY)17.84
Fwd EY10.75%
FCF(TTM)7.01
FCFY4.23%
OCF(TTM)13.24
OCFY7.98%
SpS77.55
BVpS35.98
TBVpS-83.62
PEG (NY)0.99
PEG (5Y)0.47
Graham Number114.38
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.11% | ||
| ROE | 24.64% | ||
| ROCE | 13.26% | ||
| ROIC | 7.97% | ||
| ROICexc | 9.14% | ||
| ROICexgc | 28.85% | ||
| OM | 29.05% | ||
| PM (TTM) | 11.43% | ||
| GM | 62.73% | ||
| FCFM | 9.04% |
ROA(3y)2.12%
ROA(5y)1.62%
ROE(3y)20.02%
ROE(5y)14.46%
ROIC(3y)8.75%
ROIC(5y)7.59%
ROICexc(3y)10%
ROICexc(5y)8.69%
ROICexgc(3y)50.59%
ROICexgc(5y)45.68%
ROCE(3y)12.74%
ROCE(5y)10.84%
ROICexgc growth 3Y-19.7%
ROICexgc growth 5Y6.83%
ROICexc growth 3Y0.52%
ROICexc growth 5Y26.36%
OM growth 3Y2.39%
OM growth 5Y18.45%
PM growth 3Y10.07%
PM growth 5YN/A
GM growth 3Y0.78%
GM growth 5Y1.45%
F-Score5
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.89 | ||
| Debt/FCF | 20.19 | ||
| Debt/EBITDA | 4.35 | ||
| Cap/Depr | 64.54% | ||
| Cap/Sales | 8.03% | ||
| Interest Coverage | 2.32 | ||
| Cash Conversion | 41.15% | ||
| Profit Quality | 79.09% | ||
| Current Ratio | 0.54 | ||
| Quick Ratio | 0.54 | ||
| Altman-Z | 0.52 |
F-Score5
WACC7.36%
ROIC/WACC1.08
Cap/Depr(3y)55.2%
Cap/Depr(5y)48.24%
Cap/Sales(3y)6.55%
Cap/Sales(5y)5.85%
Profit Quality(3y)156.79%
Profit Quality(5y)9545.18%
High Growth Momentum
Growth
EPS 1Y (TTM)5.76%
EPS 3Y6.07%
EPS 5Y21.67%
EPS Q2Q%15.13%
EPS Next Y10.4%
EPS Next 2Y10.51%
EPS Next 3Y10.3%
EPS Next 5YN/A
Revenue 1Y (TTM)1.24%
Revenue growth 3Y4.22%
Revenue growth 5Y11.27%
Sales Q2Q%5.72%
Revenue Next Year3.62%
Revenue Next 2Y4.28%
Revenue Next 3Y4.39%
Revenue Next 5YN/A
EBIT growth 1Y-2.84%
EBIT growth 3Y6.71%
EBIT growth 5Y31.8%
EBIT Next Year16.32%
EBIT Next 3Y10.31%
EBIT Next 5YN/A
FCF growth 1Y-26.87%
FCF growth 3Y-24.69%
FCF growth 5Y-20.89%
OCF growth 1Y-5.63%
OCF growth 3Y-12.56%
OCF growth 5Y-11.92%
WEX INC / WEX Fundamental Analysis FAQ
What is the fundamental rating for WEX stock?
ChartMill assigns a fundamental rating of 5 / 10 to WEX.
Can you provide the valuation status for WEX INC?
ChartMill assigns a valuation rating of 6 / 10 to WEX INC (WEX). This can be considered as Fairly Valued.
Can you provide the profitability details for WEX INC?
WEX INC (WEX) has a profitability rating of 7 / 10.
How financially healthy is WEX INC?
The financial health rating of WEX INC (WEX) is 2 / 10.