WORLD KINECT CORP (WKC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:WKC - US9814751064 - Common Stock
23.69 USD
-0.1 (-0.42%)
23.69 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to WKC. WKC was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. While WKC seems to be doing ok healthwise, there are quite some concerns on its profitability. WKC has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year WKC was profitable.
In the past year WKC had a positive cash flow from operations.
Each year in the past 5 years WKC has been profitable.
WKC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
WKC has a worse Return On Assets (-7.21%) than 79.05% of its industry peers.
WKC has a Return On Equity of -27.00%. This is amonst the worse of the industry: WKC underperforms 80.48% of its industry peers.
WKC has a Return On Invested Capital of 6.19%. This is comparable to the rest of the industry: WKC outperforms 54.76% of its industry peers.
The Average Return On Invested Capital over the past 3 years for WKC is significantly below the industry average of 21.41%.
The 3 year average ROIC (5.64%) for WKC is below the current ROIC(6.19%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.21% | ||
| ROE | -27% | ||
| ROIC | 6.19% |
ROA(3y)1.04%
ROA(5y)1.36%
ROE(3y)3.98%
ROE(5y)4.31%
ROIC(3y)5.64%
ROIC(5y)5.14%
1.3 Margins
WKC's Profit Margin has declined in the last couple of years.
WKC has a worse Operating Margin (0.63%) than 74.29% of its industry peers.
WKC's Operating Margin has declined in the last couple of years.
WKC has a Gross Margin of 2.58%. This is in the lower half of the industry: WKC underperforms 77.14% of its industry peers.
WKC's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.63% | ||
| PM (TTM) | N/A | ||
| GM | 2.58% |
OM growth 3Y5.98%
OM growth 5Y-7.61%
PM growth 3Y-12.2%
PM growth 5Y-19.95%
GM growth 3Y-1.08%
GM growth 5Y-4.22%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), WKC is destroying value.
WKC has less shares outstanding than it did 1 year ago.
WKC has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, WKC has a worse debt to assets ratio.
2.2 Solvency
WKC has an Altman-Z score of 6.99. This indicates that WKC is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of WKC (6.99) is better than 92.86% of its industry peers.
The Debt to FCF ratio of WKC is 2.51, which is a good value as it means it would take WKC, 2.51 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 2.51, WKC is doing good in the industry, outperforming 80.00% of the companies in the same industry.
A Debt/Equity ratio of 0.47 indicates that WKC is not too dependend on debt financing.
The Debt to Equity ratio of WKC (0.47) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 2.51 | ||
| Altman-Z | 6.99 |
ROIC/WACC0.6
WACC10.23%
2.3 Liquidity
A Current Ratio of 1.15 indicates that WKC should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.15, WKC is in line with its industry, outperforming 51.43% of the companies in the same industry.
A Quick Ratio of 0.99 indicates that WKC may have some problems paying its short term obligations.
WKC has a Quick ratio (0.99) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
WKC shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.69%.
Measured over the past years, WKC shows a decrease in Earnings Per Share. The EPS has been decreasing by -5.33% on average per year.
Looking at the last year, WKC shows a very negative growth in Revenue. The Revenue has decreased by -15.23% in the last year.
Measured over the past years, WKC shows a small growth in Revenue. The Revenue has been growing by 2.75% on average per year.
EPS 1Y (TTM)5.69%
EPS 3Y17.21%
EPS 5Y-5.33%
EPS Q2Q%-12.9%
Revenue 1Y (TTM)-15.23%
Revenue growth 3Y10.4%
Revenue growth 5Y2.75%
Sales Q2Q%-10.48%
3.2 Future
WKC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.61% yearly.
Based on estimates for the next years, WKC will show a decrease in Revenue. The Revenue will decrease by -4.85% on average per year.
EPS Next Y-4.3%
EPS Next 2Y10.24%
EPS Next 3Y13.61%
EPS Next 5YN/A
Revenue Next Year-12.83%
Revenue Next 2Y-4.99%
Revenue Next 3Y-4.85%
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.
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. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.62, the valuation of WKC can be described as reasonable.
75.71% of the companies in the same industry are more expensive than WKC, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.15, WKC is valued rather cheaply.
A Price/Forward Earnings ratio of 8.90 indicates a reasonable valuation of WKC.
WKC's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. WKC is cheaper than 79.52% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.12. WKC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.62 | ||
| Fwd PE | 8.9 |
4.2 Price Multiples
WKC's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. WKC is cheaper than 76.67% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of WKC indicates a rather cheap valuation: WKC is cheaper than 93.81% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.16 | ||
| EV/EBITDA | 4.8 |
4.3 Compensation for Growth
A more expensive valuation may be justified as WKC's earnings are expected to grow with 13.61% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y10.24%
EPS Next 3Y13.61%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.09%, WKC has a reasonable but not impressive dividend return.
WKC's Dividend Yield is comparable with the industry average which is at 5.88.
WKC's Dividend Yield is a higher than the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.09% |
5.2 History
The dividend of WKC is nicely growing with an annual growth rate of 15.67%!
WKC has been paying a dividend for at least 10 years, so it has a reliable track record.
WKC has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)15.67%
Div Incr Years6
Div Non Decr Years23
5.3 Sustainability
The earnings of WKC are negative and hence is the payout ratio. WKC will probably not be able to sustain this dividend level.
WKC's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP-9.23%
EPS Next 2Y10.24%
EPS Next 3Y13.61%
23.69
-0.1 (-0.42%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners113.66%
Inst Owner ChangeN/A
Ins Owners3.82%
Ins Owner Change2.83%
Market Cap1.32B
Revenue(TTM)37.65B
Net Income(TTM)-436.80M
Analysts46
Price Target29.24 (23.43%)
Short Float %7.72%
Short Ratio5.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.09% |
Yearly Dividend0.66
Dividend Growth(5Y)15.67%
DP-9.23%
Div Incr Years6
Div Non Decr Years23
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.5%
Min EPS beat(2)-11.87%
Max EPS beat(2)20.86%
EPS beat(4)3
Avg EPS beat(4)9.46%
Min EPS beat(4)-11.87%
Max EPS beat(4)22.77%
EPS beat(8)4
Avg EPS beat(8)4.98%
EPS beat(12)7
Avg EPS beat(12)4.33%
EPS beat(16)11
Avg EPS beat(16)8.95%
Revenue beat(2)0
Avg Revenue beat(2)-2.42%
Min Revenue beat(2)-3.98%
Max Revenue beat(2)-0.86%
Revenue beat(4)0
Avg Revenue beat(4)-5.47%
Min Revenue beat(4)-10.63%
Max Revenue beat(4)-0.86%
Revenue beat(8)0
Avg Revenue beat(8)-6.6%
Revenue beat(12)1
Avg Revenue beat(12)-6.42%
Revenue beat(16)4
Avg Revenue beat(16)-0.34%
PT rev (1m)1.18%
PT rev (3m)1.18%
EPS NQ rev (1m)-18.42%
EPS NQ rev (3m)-18.42%
EPS NY rev (1m)-7.78%
EPS NY rev (3m)-7.78%
Revenue NQ rev (1m)1.05%
Revenue NQ rev (3m)1.05%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)-0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.62 | ||
| Fwd PE | 8.9 | ||
| P/S | 0.03 | ||
| P/FCF | 4.16 | ||
| P/OCF | 3.47 | ||
| P/B | 0.81 | ||
| P/tB | 2.38 | ||
| EV/EBITDA | 4.8 |
EPS(TTM)2.23
EY9.41%
EPS(NY)2.66
Fwd EY11.23%
FCF(TTM)5.7
FCFY24.05%
OCF(TTM)6.82
OCFY28.78%
SpS677.86
BVpS29.13
TBVpS9.97
PEG (NY)N/A
PEG (5Y)N/A
Graham Number38.23
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.21% | ||
| ROE | -27% | ||
| ROCE | 8.16% | ||
| ROIC | 6.19% | ||
| ROICexc | 7.39% | ||
| ROICexgc | 13.13% | ||
| OM | 0.63% | ||
| PM (TTM) | N/A | ||
| GM | 2.58% | ||
| FCFM | 0.84% |
ROA(3y)1.04%
ROA(5y)1.36%
ROE(3y)3.98%
ROE(5y)4.31%
ROIC(3y)5.64%
ROIC(5y)5.14%
ROICexc(3y)6.25%
ROICexc(5y)6.04%
ROICexgc(3y)12.39%
ROICexgc(5y)15.33%
ROCE(3y)7.44%
ROCE(5y)6.78%
ROICexgc growth 3Y-12.23%
ROICexgc growth 5Y-9.09%
ROICexc growth 3Y6.47%
ROICexc growth 5Y-6.88%
OM growth 3Y5.98%
OM growth 5Y-7.61%
PM growth 3Y-12.2%
PM growth 5Y-19.95%
GM growth 3Y-1.08%
GM growth 5Y-4.22%
F-Score4
Asset Turnover6.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 2.51 | ||
| Debt/EBITDA | 2.25 | ||
| Cap/Depr | 59.81% | ||
| Cap/Sales | 0.17% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 110.99% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.99 | ||
| Altman-Z | 6.99 |
F-Score4
WACC10.23%
ROIC/WACC0.6
Cap/Depr(3y)73.61%
Cap/Depr(5y)65.8%
Cap/Sales(3y)0.16%
Cap/Sales(5y)0.17%
Profit Quality(3y)228.19%
Profit Quality(5y)273.61%
High Growth Momentum
Growth
EPS 1Y (TTM)5.69%
EPS 3Y17.21%
EPS 5Y-5.33%
EPS Q2Q%-12.9%
EPS Next Y-4.3%
EPS Next 2Y10.24%
EPS Next 3Y13.61%
EPS Next 5YN/A
Revenue 1Y (TTM)-15.23%
Revenue growth 3Y10.4%
Revenue growth 5Y2.75%
Sales Q2Q%-10.48%
Revenue Next Year-12.83%
Revenue Next 2Y-4.99%
Revenue Next 3Y-4.85%
Revenue Next 5YN/A
EBIT growth 1Y10.69%
EBIT growth 3Y17.01%
EBIT growth 5Y-5.07%
EBIT Next Year40.39%
EBIT Next 3Y16.41%
EBIT Next 5YN/A
FCF growth 1Y269.31%
FCF growth 3Y12.73%
FCF growth 5Y5.34%
OCF growth 1Y115.17%
OCF growth 3Y14.52%
OCF growth 5Y2.59%
WORLD KINECT CORP / WKC FAQ
Can you provide the ChartMill fundamental rating for WORLD KINECT CORP?
ChartMill assigns a fundamental rating of 4 / 10 to WKC.
What is the valuation status of WORLD KINECT CORP (WKC) stock?
ChartMill assigns a valuation rating of 6 / 10 to WORLD KINECT CORP (WKC). This can be considered as Fairly Valued.
What is the profitability of WKC stock?
WORLD KINECT CORP (WKC) has a profitability rating of 3 / 10.
What is the financial health of WORLD KINECT CORP (WKC) stock?
The financial health rating of WORLD KINECT CORP (WKC) is 5 / 10.
How sustainable is the dividend of WORLD KINECT CORP (WKC) stock?
The dividend rating of WORLD KINECT CORP (WKC) is 5 / 10 and the dividend payout ratio is -9.23%.