WILLSCOT HOLDINGS CORP (WSC) Stock Fundamental Analysis
USA - NASDAQ:WSC - US9713781048 - Common Stock
22.47 USD
+0.35 (+1.58%)
22.47 USD
0 (0%)
Overall WSC gets a fundamental rating of 4 out of 10. We evaluated WSC against 55 industry peers in the Construction & Engineering industry. While WSC is still in line with the averages on profitability rating, there are concerns on its financial health. WSC is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year WSC was profitable.
WSC had a positive operating cash flow in the past year.
WSC had positive earnings in each of the past 5 years.
Each year in the past 5 years WSC had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.80%, WSC is in line with its industry, outperforming 45.45% of the companies in the same industry.
WSC's Return On Equity of 10.61% is in line compared to the rest of the industry. WSC outperforms 58.18% of its industry peers.
WSC has a Return On Invested Capital of 7.84%. This is in the better half of the industry: WSC outperforms 61.82% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for WSC is significantly below the industry average of 17.10%.
| 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 65.45% of the companies in the same industry.
WSC's Profit Margin has declined in the last couple of years.
WSC's Operating Margin of 24.23% is amongst the best of the industry. WSC outperforms 98.18% of its industry peers.
WSC's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 53.31%, WSC belongs to the top of the industry, outperforming 94.55% of the companies in the same industry.
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
WSC has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
WSC has less shares outstanding than it did 1 year ago.
The number of shares outstanding for WSC has been increased compared to 5 years ago.
Compared to 1 year ago, WSC has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.00, we must say that WSC is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.00, WSC is not doing good in the industry: 70.91% of the companies in the same industry are doing better.
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.
Looking at the Debt to FCF ratio, with a value of 13.62, WSC is in line with its industry, outperforming 45.45% of the companies in the same industry.
A Debt/Equity ratio of 3.55 is on the high side and indicates that WSC has dependencies on debt financing.
WSC's Debt to Equity ratio of 3.55 is on the low side compared to the rest of the industry. WSC is outperformed by 81.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.55 | ||
| Debt/FCF | 13.62 | ||
| Altman-Z | 1 |
ROIC/WACC0.82
WACC9.53%
2.3 Liquidity
A Current Ratio of 0.81 indicates that WSC may have some problems paying its short term obligations.
WSC's Current ratio of 0.81 is on the low side compared to the rest of the industry. WSC is outperformed by 78.18% of its industry peers.
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's Quick ratio of 0.74 is on the low side compared to the rest of the industry. WSC is outperformed by 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
The earnings per share for WSC have decreased by -7.19% in the last year.
Measured over the past years, WSC shows a very strong growth in Earnings Per Share. The EPS has been growing by 38.42% on average per year.
Looking at the last year, WSC shows a decrease in Revenue. The Revenue has decreased by -2.34% in the last year.
The Revenue has been growing by 17.63% on average over the past years. This is quite good.
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
WSC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.18% yearly.
The Revenue is expected to grow by 1.42% on average over the next years.
EPS Next Y-35.44%
EPS Next 2Y-10.37%
EPS Next 3Y1.18%
EPS Next 5YN/A
Revenue Next Year-3.67%
Revenue Next 2Y-0.48%
Revenue Next 3Y1.42%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
Based on the Price/Earnings ratio of 14.50, the valuation of WSC can be described as correct.
WSC's Price/Earnings ratio is rather cheap when compared to the industry. WSC is cheaper than 89.09% of the companies in the same industry.
WSC is valuated rather cheaply when we compare the Price/Earnings ratio to 26.91, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 15.28, which indicates a correct valuation of WSC.
Based on the Price/Forward Earnings ratio, WSC is valued cheaper than 92.73% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.92. WSC is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.5 | ||
| Fwd PE | 15.28 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WSC is valued cheaper than 90.91% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, WSC is valued cheaper than 83.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.06 | ||
| EV/EBITDA | 7.95 |
4.3 Compensation for Growth
The decent profitability rating of WSC may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-10.37%
EPS Next 3Y1.18%
5. Dividend
5.1 Amount
WSC has a Yearly Dividend Yield of 1.27%.
The stock price of WSC dropped by -29.00% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 1.69, WSC pays a better dividend. On top of this WSC pays more dividend than 96.36% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, WSC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.27% |
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 2Y-10.37%
EPS Next 3Y1.18%
22.47
+0.35 (+1.58%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners109.43%
Inst Owner Change0.42%
Ins Owners0.72%
Ins Owner Change0.09%
Market Cap4.09B
Revenue(TTM)2.35B
Net Income(TTM)109.73M
Analysts75.38
Price Target34.63 (54.12%)
Short Float %6.99%
Short Ratio5.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.27% |
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)-3.41%
PT rev (3m)-7.62%
EPS NQ rev (1m)-4.83%
EPS NQ rev (3m)-31.43%
EPS NY rev (1m)-5.16%
EPS NY rev (3m)-25.14%
Revenue NQ rev (1m)-0.91%
Revenue NQ rev (3m)-3.87%
Revenue NY rev (1m)-0.64%
Revenue NY rev (3m)-2.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.5 | ||
| Fwd PE | 15.28 | ||
| P/S | 1.74 | ||
| P/FCF | 15.06 | ||
| P/OCF | 6.94 | ||
| P/B | 3.95 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.95 |
EPS(TTM)1.55
EY6.9%
EPS(NY)1.47
Fwd EY6.54%
FCF(TTM)1.49
FCFY6.64%
OCF(TTM)3.24
OCFY14.4%
SpS12.92
BVpS5.68
TBVpS-2.58
PEG (NY)N/A
PEG (5Y)N/A
Graham Number14.08
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%
ROICexgc growth 3Y18.48%
ROICexgc 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 |
F-Score4
WACC9.53%
ROIC/WACC0.82
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-35.44%
EPS Next 2Y-10.37%
EPS Next 3Y1.18%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.34%
Revenue growth 3Y12.71%
Revenue growth 5Y17.63%
Sales Q2Q%-2.56%
Revenue Next Year-3.67%
Revenue Next 2Y-0.48%
Revenue Next 3Y1.42%
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%
WILLSCOT HOLDINGS CORP / WSC FAQ
What is the ChartMill fundamental rating of WILLSCOT HOLDINGS CORP (WSC) stock?
ChartMill assigns a fundamental rating of 4 / 10 to WSC.
Can you provide the valuation status for WILLSCOT HOLDINGS CORP?
ChartMill assigns a valuation rating of 6 / 10 to WILLSCOT HOLDINGS CORP (WSC). This can be considered as Fairly Valued.
How profitable is WILLSCOT HOLDINGS CORP (WSC) stock?
WILLSCOT HOLDINGS CORP (WSC) has a profitability rating of 6 / 10.
What is the expected EPS growth for WILLSCOT HOLDINGS CORP (WSC) stock?
The Earnings per Share (EPS) of WILLSCOT HOLDINGS CORP (WSC) is expected to decline by -35.44% in the next year.