WILLSCOT MOBILE MINI HOLDING (WSC)

US9713781048 - Common Stock

46.1  +0.18 (+0.39%)

After market: 45.99 -0.11 (-0.24%)

Fundamental Rating

6

Overall WSC gets a fundamental rating of 6 out of 10. We evaluated WSC against 41 industry peers in the Construction & Engineering industry. While WSC has a great profitability rating, there are quite some concerns on its financial health. WSC is not overvalued while it is showing excellent growth. This is an interesting combination.



9

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 4 of the past 5 years.
WSC had a positive operating cash flow in each of the past 5 years.

1.2 Ratios

WSC's Return On Assets of 7.76% is amongst the best of the industry. WSC outperforms 85.37% of its industry peers.
WSC's Return On Equity of 37.77% is amongst the best of the industry. WSC outperforms 100.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.20%, WSC is in the better half of the industry, outperforming 78.05% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for WSC is in line with the industry average of 8.69%.
The 3 year average ROIC (7.18%) for WSC is below the current ROIC(9.20%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 7.76%
ROE 37.77%
ROIC 9.2%
ROA(3y)5.45%
ROA(5y)2.71%
ROE(3y)22.49%
ROE(5y)10.47%
ROIC(3y)7.18%
ROIC(5y)5.81%

1.3 Margins

Looking at the Profit Margin, with a value of 20.15%, WSC belongs to the top of the industry, outperforming 97.56% of the companies in the same industry.
In the last couple of years the Profit Margin of WSC has grown nicely.
WSC's Operating Margin of 29.20% is amongst the best of the industry. WSC outperforms 97.56% of its industry peers.
In the last couple of years the Operating Margin of WSC has grown nicely.
WSC has a Gross Margin of 56.41%. This is amongst the best in the industry. WSC outperforms 95.12% of its industry peers.
In the last couple of years the Gross Margin of WSC has grown nicely.
Industry RankSector Rank
OM 29.2%
PM (TTM) 20.15%
GM 56.41%
OM growth 3Y13.4%
OM growth 5Y53.32%
PM growth 3Y51.27%
PM growth 5YN/A
GM growth 3Y5.68%
GM growth 5Y7.93%

2

2. Health

2.1 Basic Checks

WSC has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, WSC has less shares outstanding
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 1.66. This is a bad value and indicates that WSC is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of WSC (1.66) is worse than 68.29% of its industry peers.
The Debt to FCF ratio of WSC is 6.95, which is on the high side as it means it would take WSC, 6.95 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.95, WSC is in the better half of the industry, outperforming 60.98% of the companies in the same industry.
A Debt/Equity ratio of 2.81 is on the high side and indicates that WSC has dependencies on debt financing.
WSC has a Debt to Equity ratio of 2.81. This is amonst the worse of the industry: WSC underperforms 85.37% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.81
Debt/FCF 6.95
Altman-Z 1.66
ROIC/WACC1.05
WACC8.73%

2.3 Liquidity

A Current Ratio of 1.01 indicates that WSC should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.01, WSC is doing worse than 80.49% of the companies in the same industry.
WSC has a Quick Ratio of 1.01. This is a bad value and indicates that WSC is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.93, WSC is doing worse than 80.49% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.01
Quick Ratio 0.93

8

3. Growth

3.1 Past

WSC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.46%, which is quite good.
Measured over the past years, WSC shows a very strong growth in Earnings Per Share. The EPS has been growing by 70.66% on average per year.
The Revenue has grown by 14.66% in the past year. This is quite good.
The Revenue has been growing by 25.77% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)10.46%
EPS 3Y70.66%
EPS 5YN/A
EPS growth Q2Q10%
Revenue 1Y (TTM)14.66%
Revenue growth 3Y22.93%
Revenue growth 5Y25.77%
Revenue growth Q2Q20%

3.2 Future

The Earnings Per Share is expected to grow by 28.78% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 8.42% on average over the next years. This is quite good.
EPS Next Y23.65%
EPS Next 2Y26.66%
EPS Next 3Y28.78%
EPS Next 5YN/A
Revenue Next Year7.59%
Revenue Next 2Y8.45%
Revenue Next 3Y8.42%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.

5

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 27.28, WSC can be considered very expensive at the moment.
WSC's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.42, WSC is valued at the same level.
Based on the Price/Forward Earnings ratio of 22.06, the valuation of WSC can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WSC is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of WSC to the average of the S&P500 Index (22.74), we can say WSC is valued inline with the index average.
Industry RankSector Rank
PE 27.28
Fwd PE 22.06

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WSC indicates a somewhat cheap valuation: WSC is cheaper than 75.61% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, WSC is valued a bit cheaper than 75.61% of the companies in the same industry.
Industry RankSector Rank
P/FCF 17.1
EV/EBITDA 11.96

4.3 Compensation for Growth

WSC's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
WSC has an outstanding profitability rating, which may justify a higher PE ratio.
WSC's earnings are expected to grow with 28.78% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.15
PEG (5Y)N/A
EPS Next 2Y26.66%
EPS Next 3Y28.78%

0

5. Dividend

5.1 Amount

WSC does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

WILLSCOT MOBILE MINI HOLDING

NASDAQ:WSC (3/27/2024, 8:00:03 PM)

After market: 45.99 -0.11 (-0.24%)

46.1

+0.18 (+0.39%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap8.76B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield N/A
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE 27.28
Fwd PE 22.06
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.15
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 7.76%
ROE 37.77%
ROCE
ROIC
ROICexc
ROICexgc
OM 29.2%
PM (TTM) 20.15%
GM 56.41%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.39
Health
Industry RankSector Rank
Debt/Equity 2.81
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 1.01
Quick Ratio 0.93
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)10.46%
EPS 3Y70.66%
EPS 5Y
EPS growth Q2Q
EPS Next Y23.65%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)14.66%
Revenue growth 3Y22.93%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y