WILLSCOT HOLDINGS CORP (WSC) Stock Fundamental Analysis
NASDAQ:WSC - US9713781048 - Common Stock
24.92 USD
+1.52 (+6.5%)
24.92 USD
0 (0%)
WSC gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 49 industry peers in the Construction & Engineering industry. WSC has a medium profitability rating, but doesn't score so well on its financial health evaluation. WSC has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
WSC had positive earnings in the past year.
WSC had a positive operating cash flow in the past year.
WSC had positive earnings in each of the past 5 years.
WSC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of WSC (1.80%) is comparable to the rest of the industry.
WSC's Return On Equity of 10.61% is in line compared to the rest of the industry. WSC outperforms 57.14% of its industry peers.
WSC's Return On Invested Capital of 7.84% is fine compared to the rest of the industry. WSC outperforms 61.22% of its industry peers.
WSC had an Average Return On Invested Capital over the past 3 years of 8.51%. This is significantly below the industry average of 16.83%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.8% | ||
| ROE | 10.61% | ||
| ROIC | 7.84% |
ROA(3y)4.68%
ROA(5y)3.63%
ROE(3y)20.74%
ROE(5y)14.77%
ROIC(3y)8.51%
ROIC(5y)6.84%
1.3 Margins
Looking at the Profit Margin, with a value of 4.66%, WSC is in the better half of the industry, outperforming 65.31% of the companies in the same industry.
In the last couple of years the Profit Margin of WSC has declined.
WSC has a better Operating Margin (24.23%) than 97.96% of its industry peers.
In the last couple of years the Operating Margin of WSC has grown nicely.
WSC has a Gross Margin of 53.31%. This is amongst the best in the industry. WSC outperforms 95.92% of its industry peers.
In the last couple of years the Gross Margin of WSC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.23% | ||
| PM (TTM) | 4.66% | ||
| GM | 53.31% |
OM growth 3Y8.73%
OM growth 5Y16.39%
PM growth 3Y-50.31%
PM growth 5YN/A
GM growth 3Y2.48%
GM growth 5Y6.94%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so WSC is destroying value.
WSC has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, WSC has more shares outstanding
WSC has a worse debt/assets ratio than last year.
2.2 Solvency
WSC has an Altman-Z score of 1.02. This is a bad value and indicates that WSC is not financially healthy and even has some risk of bankruptcy.
WSC's Altman-Z score of 1.02 is on the low side compared to the rest of the industry. WSC is outperformed by 73.47% of its industry peers.
The Debt to FCF ratio of WSC is 13.62, which is on the high side as it means it would take WSC, 13.62 years of fcf income to pay off all of its debts.
WSC's Debt to FCF ratio of 13.62 is in line compared to the rest of the industry. WSC outperforms 42.86% of its industry peers.
A Debt/Equity ratio of 3.55 is on the high side and indicates that WSC has dependencies on debt financing.
WSC has a worse Debt to Equity ratio (3.55) than 83.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.55 | ||
| Debt/FCF | 13.62 | ||
| Altman-Z | 1.02 |
ROIC/WACC0.75
WACC10.41%
2.3 Liquidity
A Current Ratio of 0.81 indicates that WSC may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.81, WSC is doing worse than 81.63% of the companies in the same industry.
WSC has a Quick Ratio of 0.81. This is a bad value and indicates that WSC is not financially healthy enough and could expect problems in meeting its short term obligations.
WSC has a worse Quick ratio (0.74) than 83.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
WSC shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.19%.
The Earnings Per Share has been growing by 38.42% on average over the past years. This is a very strong growth
Looking at the last year, WSC shows a decrease in Revenue. The Revenue has decreased by -2.34% in the last year.
Measured over the past years, WSC shows a quite strong growth in Revenue. The Revenue has been growing by 17.63% on average per year.
EPS 1Y (TTM)-7.19%
EPS 3Y38.42%
EPS 5YN/A
EPS Q2Q%-45.83%
Revenue 1Y (TTM)-2.34%
Revenue growth 3Y12.71%
Revenue growth 5Y17.63%
Sales Q2Q%-2.56%
3.2 Future
Based on estimates for the next years, WSC will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.66% on average per year.
WSC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.04% yearly.
EPS Next Y-13.76%
EPS Next 2Y2.47%
EPS Next 3Y10.66%
EPS Next 5YN/A
Revenue Next Year-1.53%
Revenue Next 2Y1.62%
Revenue Next 3Y3.04%
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. Valuation
4.1 Price/Earnings Ratio
WSC is valuated correctly with a Price/Earnings ratio of 16.08.
Based on the Price/Earnings ratio, WSC is valued cheaply inside the industry as 89.80% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of WSC to the average of the S&P500 Index (27.24), we can say WSC is valued slightly cheaper.
A Price/Forward Earnings ratio of 12.97 indicates a correct valuation of WSC.
WSC's Price/Forward Earnings ratio is rather cheap when compared to the industry. WSC is cheaper than 91.84% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.82, WSC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.08 | ||
| Fwd PE | 12.97 |
4.2 Price Multiples
89.80% of the companies in the same industry are more expensive than WSC, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, WSC is valued a bit cheaper than 79.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.73 | ||
| EV/EBITDA | 8.13 |
4.3 Compensation for Growth
WSC has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y2.47%
EPS Next 3Y10.66%
5. Dividend
5.1 Amount
WSC has a Yearly Dividend Yield of 1.12%.
Compared to an average industry Dividend Yield of 1.62, WSC pays a better dividend. On top of this WSC pays more dividend than 97.96% of the companies listed in the same industry.
With a Dividend Yield of 1.12, WSC pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
5.2 History
WSC does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y2.47%
EPS Next 3Y10.66%
24.92
+1.52 (+6.5%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners112.73%
Inst Owner Change-8.09%
Ins Owners1.21%
Ins Owner Change0.38%
Market Cap4.54B
Analysts74.29
Price Target35.86 (43.9%)
Short Float %8.07%
Short Ratio6.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-22.14%
Min EPS beat(2)-27.24%
Max EPS beat(2)-17.04%
EPS beat(4)1
Avg EPS beat(4)3.54%
Min EPS beat(4)-27.24%
Max EPS beat(4)58.96%
EPS beat(8)3
Avg EPS beat(8)0.82%
EPS beat(12)6
Avg EPS beat(12)6.8%
EPS beat(16)9
Avg EPS beat(16)7.92%
Revenue beat(2)0
Avg Revenue beat(2)-0.47%
Min Revenue beat(2)-0.72%
Max Revenue beat(2)-0.22%
Revenue beat(4)0
Avg Revenue beat(4)-1.55%
Min Revenue beat(4)-3.62%
Max Revenue beat(4)-0.22%
Revenue beat(8)1
Avg Revenue beat(8)-1.65%
Revenue beat(12)2
Avg Revenue beat(12)-2.18%
Revenue beat(16)2
Avg Revenue beat(16)-3.83%
PT rev (1m)-4.35%
PT rev (3m)-5.13%
EPS NQ rev (1m)-22.91%
EPS NQ rev (3m)-23.86%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-3.02%
Revenue NQ rev (3m)-3.89%
Revenue NY rev (1m)-0.25%
Revenue NY rev (3m)-0.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.08 | ||
| Fwd PE | 12.97 | ||
| P/S | 1.93 | ||
| P/FCF | 16.73 | ||
| P/OCF | 7.71 | ||
| P/B | 4.39 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.13 |
EPS(TTM)1.55
EY6.22%
EPS(NY)1.92
Fwd EY7.71%
FCF(TTM)1.49
FCFY5.98%
OCF(TTM)3.23
OCFY12.97%
SpS12.9
BVpS5.67
TBVpS-2.57
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.8% | ||
| ROE | 10.61% | ||
| ROCE | 10.46% | ||
| ROIC | 7.84% | ||
| ROICexc | 7.86% | ||
| ROICexgc | 10.86% | ||
| OM | 24.23% | ||
| PM (TTM) | 4.66% | ||
| GM | 53.31% | ||
| FCFM | 11.55% |
ROA(3y)4.68%
ROA(5y)3.63%
ROE(3y)20.74%
ROE(5y)14.77%
ROIC(3y)8.51%
ROIC(5y)6.84%
ROICexc(3y)8.52%
ROICexc(5y)6.85%
ROICexgc(3y)11.77%
ROICexgc(5y)9.61%
ROCE(3y)11.36%
ROCE(5y)9.12%
ROICexcg growth 3Y18.48%
ROICexcg growth 5Y21.69%
ROICexc growth 3Y21.05%
ROICexc growth 5Y17.88%
OM growth 3Y8.73%
OM growth 5Y16.39%
PM growth 3Y-50.31%
PM growth 5YN/A
GM growth 3Y2.48%
GM growth 5Y6.94%
F-Score4
Asset Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.55 | ||
| Debt/FCF | 13.62 | ||
| Debt/EBITDA | 3.75 | ||
| Cap/Depr | 77.83% | ||
| Cap/Sales | 13.5% | ||
| Interest Coverage | 2.71 | ||
| Cash Conversion | 60.24% | ||
| Profit Quality | 247.56% | ||
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z | 1.02 |
F-Score4
WACC10.41%
ROIC/WACC0.75
Cap/Depr(3y)97.68%
Cap/Depr(5y)93.33%
Cap/Sales(3y)15.25%
Cap/Sales(5y)15.81%
Profit Quality(3y)372.04%
Profit Quality(5y)283.37%
High Growth Momentum
Growth
EPS 1Y (TTM)-7.19%
EPS 3Y38.42%
EPS 5YN/A
EPS Q2Q%-45.83%
EPS Next Y-13.76%
EPS Next 2Y2.47%
EPS Next 3Y10.66%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.34%
Revenue growth 3Y12.71%
Revenue growth 5Y17.63%
Sales Q2Q%-2.56%
Revenue Next Year-1.53%
Revenue Next 2Y1.62%
Revenue Next 3Y3.04%
Revenue Next 5YN/A
EBIT growth 1Y-9.47%
EBIT growth 3Y22.55%
EBIT growth 5Y36.91%
EBIT Next Year68.55%
EBIT Next 3Y23.25%
EBIT Next 5YN/A
FCF growth 1Y-33.19%
FCF growth 3Y4.35%
FCF growth 5YN/A
OCF growth 1Y-22.63%
OCF growth 3Y1.32%
OCF growth 5Y26.61%