WORLD KINECT CORP (WKC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:WKC - US9814751064 - Common Stock
23.58 USD
-0.07 (-0.3%)
23.58 USD
0 (0%)
Taking everything into account, WKC scores 4 out of 10 in our fundamental rating. WKC was compared to 208 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 on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year WKC was profitable.
WKC had a positive operating cash flow in the past year.
Each year in the past 5 years WKC has been profitable.
Each year in the past 5 years WKC had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -7.21%, WKC is not doing good in the industry: 79.81% of the companies in the same industry are doing better.
WKC's Return On Equity of -27.00% is on the low side compared to the rest of the industry. WKC is outperformed by 80.77% of its industry peers.
WKC has a Return On Invested Capital (6.19%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for WKC is significantly below the industry average of 21.00%.
The last Return On Invested Capital (6.19%) for WKC is above the 3 year average (5.64%), which is a sign of increasing profitability.
| 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.
Looking at the Operating Margin, with a value of 0.63%, WKC is doing worse than 74.04% of the companies in the same industry.
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 77.88% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so WKC is destroying value.
Compared to 1 year ago, WKC has less shares outstanding
The number of shares outstanding for WKC has been reduced compared to 5 years ago.
WKC has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 6.99 indicates that WKC is not in any danger for bankruptcy at the moment.
WKC's Altman-Z score of 6.99 is amongst the best of the industry. WKC outperforms 92.79% of its industry peers.
WKC has a debt to FCF ratio of 2.51. This is a good value and a sign of high solvency as WKC would need 2.51 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 2.51, WKC is doing good in the industry, outperforming 79.33% of the companies in the same industry.
A Debt/Equity ratio of 0.47 indicates that WKC is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.47, WKC perfoms like the industry average, outperforming 49.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 2.51 | ||
| Altman-Z | 6.99 |
ROIC/WACC0.6
WACC10.24%
2.3 Liquidity
WKC has a Current Ratio of 1.15. This is a normal value and indicates that WKC is financially healthy and should not expect problems in meeting its short term obligations.
WKC has a Current ratio (1.15) which is comparable to the rest of the 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
The Earnings Per Share has been growing slightly by 5.69% over the past year.
WKC shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.33% yearly.
WKC shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -15.23%.
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
The Earnings Per Share is expected to decrease by -0.90% on average over the next years.
WKC is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -6.18% yearly.
EPS Next Y-4.07%
EPS Next 2Y5.35%
EPS Next 3Y-0.9%
EPS Next 5YN/A
Revenue Next Year-13.22%
Revenue Next 2Y-6.32%
Revenue Next 3Y-6.18%
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
The Price/Earnings ratio is 10.57, which indicates a very decent valuation of WKC.
WKC's Price/Earnings ratio is a bit cheaper when compared to the industry. WKC is cheaper than 75.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.38. WKC is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 9.70, the valuation of WKC can be described as very reasonable.
Based on the Price/Forward Earnings ratio, WKC is valued a bit cheaper than 74.52% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of WKC to the average of the S&P500 Index (23.83), we can say WKC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.57 | ||
| Fwd PE | 9.7 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WKC indicates a somewhat cheap valuation: WKC is cheaper than 75.48% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, WKC is valued cheaply inside the industry as 93.27% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.14 | ||
| EV/EBITDA | 4.79 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y5.35%
EPS Next 3Y-0.9%
5. Dividend
5.1 Amount
WKC has a Yearly Dividend Yield of 3.09%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.83, WKC has a dividend in line with its industry peers.
WKC's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| 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 paid a dividend for at least 10 years, which is a reliable track record.
WKC has not decreased their dividend for at least 10 years, which is a reliable track record.
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.
DP-9.23%
EPS Next 2Y5.35%
EPS Next 3Y-0.9%
23.58
-0.07 (-0.3%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners110.17%
Inst Owner ChangeN/A
Ins Owners3.85%
Ins Owner Change0.16%
Market Cap1.31B
Revenue(TTM)37.65B
Net Income(TTM)-436.80M
Analysts46
Price Target29.24 (24%)
Short Float %7.71%
Short Ratio5.76
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)0%
PT rev (3m)1.18%
EPS NQ rev (1m)1.08%
EPS NQ rev (3m)-17.54%
EPS NY rev (1m)0.24%
EPS NY rev (3m)-7.56%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.05%
Revenue NY rev (1m)-0.45%
Revenue NY rev (3m)-0.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.57 | ||
| Fwd PE | 9.7 | ||
| P/S | 0.03 | ||
| P/FCF | 4.14 | ||
| P/OCF | 3.46 | ||
| P/B | 0.81 | ||
| P/tB | 2.37 | ||
| EV/EBITDA | 4.79 |
EPS(TTM)2.23
EY9.46%
EPS(NY)2.43
Fwd EY10.31%
FCF(TTM)5.7
FCFY24.16%
OCF(TTM)6.82
OCFY28.91%
SpS677.61
BVpS29.12
TBVpS9.96
PEG (NY)N/A
PEG (5Y)N/A
Graham Number38.22
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
WACC10.24%
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-4.07%
EPS Next 2Y5.35%
EPS Next 3Y-0.9%
EPS Next 5YN/A
Revenue 1Y (TTM)-15.23%
Revenue growth 3Y10.4%
Revenue growth 5Y2.75%
Sales Q2Q%-10.48%
Revenue Next Year-13.22%
Revenue Next 2Y-6.32%
Revenue Next 3Y-6.18%
Revenue Next 5YN/A
EBIT growth 1Y10.69%
EBIT growth 3Y17.01%
EBIT growth 5Y-5.07%
EBIT Next Year38.41%
EBIT Next 3Y16.02%
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%.