XPEL INC (XPEL) Stock Fundamental Analysis
NASDAQ:XPEL - Nasdaq - US98379L1008 - Common Stock - Currency: USD
Overall XPEL gets a fundamental rating of 7 out of 10. We evaluated XPEL against 80 industry peers in the Automobile Components industry. XPEL scores excellent points on both the profitability and health parts. This is a solid base for a good stock. XPEL is valued quite expensive, but it does show an excellent growth. These ratings could make XPEL a good candidate for growth and quality investing.
1. Profitability
1.1 Basic Checks
In the past year XPEL was profitable.
In the past year XPEL had a positive cash flow from operations.
In the past 5 years XPEL has always been profitable.
Each year in the past 5 years XPEL had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 16.08%, XPEL belongs to the best of the industry, outperforming 98.75% of the companies in the same industry.
XPEL has a better Return On Equity (20.14%) than 96.25% of its industry peers.
Looking at the Return On Invested Capital, with a value of 19.29%, XPEL belongs to the top of the industry, outperforming 97.50% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for XPEL is significantly above the industry average of 9.12%.
The 3 year average ROIC (23.42%) for XPEL is well above the current ROIC(19.29%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.08% | ||
| ROE | 20.14% | ||
| ROIC | 19.29% |
ROA(3y)19.43%
ROA(5y)19.95%
ROE(3y)27.57%
ROE(5y)30.88%
ROIC(3y)23.42%
ROIC(5y)25.18%
1.3 Margins
XPEL's Profit Margin of 10.92% is amongst the best of the industry. XPEL outperforms 98.75% of its industry peers.
In the last couple of years the Profit Margin of XPEL has remained more or less at the same level.
Looking at the Operating Margin, with a value of 14.06%, XPEL belongs to the top of the industry, outperforming 97.50% of the companies in the same industry.
XPEL's Operating Margin has been stable in the last couple of years.
XPEL has a better Gross Margin (42.24%) than 96.25% of its industry peers.
XPEL's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.06% | ||
| PM (TTM) | 10.92% | ||
| GM | 42.24% |
OM growth 3Y-3.1%
OM growth 5Y1.34%
PM growth 3Y-3.89%
PM growth 5Y0.08%
GM growth 3Y5.67%
GM growth 5Y4.73%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so XPEL is creating value.
The number of shares outstanding for XPEL remains at a similar level compared to 1 year ago.
The number of shares outstanding for XPEL remains at a similar level compared to 5 years ago.
Compared to 1 year ago, XPEL has an improved debt to assets ratio.
2.2 Solvency
XPEL has an Altman-Z score of 13.55. This indicates that XPEL is financially healthy and has little risk of bankruptcy at the moment.
XPEL has a Altman-Z score of 13.55. This is amongst the best in the industry. XPEL outperforms 93.75% of its industry peers.
XPEL has a debt to FCF ratio of 0.00. This is a very positive value and a sign of high solvency as it would only need 0.00 years to pay back of all of its debts.
XPEL has a Debt to FCF ratio of 0.00. This is amongst the best in the industry. XPEL outperforms 97.50% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that XPEL is not too dependend on debt financing.
The Debt to Equity ratio of XPEL (0.00) is better than 95.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 13.55 |
ROIC/WACC1.97
WACC9.78%
2.3 Liquidity
A Current Ratio of 4.29 indicates that XPEL has no problem at all paying its short term obligations.
XPEL has a Current ratio of 4.29. This is amongst the best in the industry. XPEL outperforms 93.75% of its industry peers.
A Quick Ratio of 1.51 indicates that XPEL should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.51, XPEL belongs to the top of the industry, outperforming 81.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.29 | ||
| Quick Ratio | 1.51 |
3. Growth
3.1 Past
The earnings per share for XPEL have decreased by -7.57% in the last year.
Measured over the past years, XPEL shows a very strong growth in Earnings Per Share. The EPS has been growing by 26.40% on average per year.
XPEL shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.38%.
Measured over the past years, XPEL shows a very strong growth in Revenue. The Revenue has been growing by 26.48% on average per year.
EPS 1Y (TTM)-7.57%
EPS 3Y13.36%
EPS 5Y26.4%
EPS Q2Q%6.9%
Revenue 1Y (TTM)8.38%
Revenue growth 3Y17.48%
Revenue growth 5Y26.48%
Sales Q2Q%15.21%
3.2 Future
XPEL is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.96% yearly.
XPEL is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.36% yearly.
EPS Next Y9.73%
EPS Next 2Y17.1%
EPS Next 3Y22.96%
EPS Next 5YN/A
Revenue Next Year9.15%
Revenue Next 2Y10.16%
Revenue Next 3Y16.36%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 20.06, XPEL is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of XPEL is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 27.50. XPEL is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 14.80 indicates a correct valuation of XPEL.
60.00% of the companies in the same industry are cheaper than XPEL, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 36.44. XPEL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.06 | ||
| Fwd PE | 14.8 |
4.2 Price Multiples
XPEL's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. XPEL is more expensive than 72.50% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, XPEL is valued a bit more expensive than 61.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.66 | ||
| EV/EBITDA | 12.93 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of XPEL may justify a higher PE ratio.
XPEL's earnings are expected to grow with 22.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.06
PEG (5Y)0.76
EPS Next 2Y17.1%
EPS Next 3Y22.96%
5. Dividend
5.1 Amount
XPEL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
34.3
-0.69 (-1.97%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners83.39%
Inst Owner Change0%
Ins Owners14.09%
Ins Owner Change0.25%
Market Cap948.74M
Analysts82.22
Price Target46.92 (36.79%)
Short Float %8.88%
Short Ratio10.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.07%
Min EPS beat(2)-16.93%
Max EPS beat(2)10.79%
EPS beat(4)3
Avg EPS beat(4)3.24%
Min EPS beat(4)-16.93%
Max EPS beat(4)14.59%
EPS beat(8)3
Avg EPS beat(8)-2.34%
EPS beat(12)6
Avg EPS beat(12)-0.95%
EPS beat(16)8
Avg EPS beat(16)1.07%
Revenue beat(2)1
Avg Revenue beat(2)1.52%
Min Revenue beat(2)-1.46%
Max Revenue beat(2)4.49%
Revenue beat(4)2
Avg Revenue beat(4)0.71%
Min Revenue beat(4)-2.15%
Max Revenue beat(4)4.49%
Revenue beat(8)3
Avg Revenue beat(8)-0.16%
Revenue beat(12)6
Avg Revenue beat(12)-0.11%
Revenue beat(16)9
Avg Revenue beat(16)1.33%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.53%
EPS NY rev (1m)0%
EPS NY rev (3m)4.16%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.06%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.06 | ||
| Fwd PE | 14.8 | ||
| P/S | 2.19 | ||
| P/FCF | 19.66 | ||
| P/OCF | 16.94 | ||
| P/B | 4.03 | ||
| P/tB | 6.03 | ||
| EV/EBITDA | 12.93 |
EPS(TTM)1.71
EY4.99%
EPS(NY)2.32
Fwd EY6.76%
FCF(TTM)1.74
FCFY5.09%
OCF(TTM)2.02
OCFY5.9%
SpS15.69
BVpS8.51
TBVpS5.68
PEG (NY)2.06
PEG (5Y)0.76
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.08% | ||
| ROE | 20.14% | ||
| ROCE | 24.1% | ||
| ROIC | 19.29% | ||
| ROICexc | 21.27% | ||
| ROICexgc | 32.26% | ||
| OM | 14.06% | ||
| PM (TTM) | 10.92% | ||
| GM | 42.24% | ||
| FCFM | 11.12% |
ROA(3y)19.43%
ROA(5y)19.95%
ROE(3y)27.57%
ROE(5y)30.88%
ROIC(3y)23.42%
ROIC(5y)25.18%
ROICexc(3y)24.98%
ROICexc(5y)31.71%
ROICexgc(3y)38.72%
ROICexgc(5y)50.36%
ROCE(3y)29.26%
ROCE(5y)31.46%
ROICexcg growth 3Y-16.43%
ROICexcg growth 5Y-11.81%
ROICexc growth 3Y-8.55%
ROICexc growth 5Y-15.11%
OM growth 3Y-3.1%
OM growth 5Y1.34%
PM growth 3Y-3.89%
PM growth 5Y0.08%
GM growth 3Y5.67%
GM growth 5Y4.73%
F-Score5
Asset Turnover1.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 64.51% | ||
| Cap/Sales | 1.78% | ||
| Interest Coverage | 89.11 | ||
| Cash Conversion | 76.68% | ||
| Profit Quality | 101.8% | ||
| Current Ratio | 4.29 | ||
| Quick Ratio | 1.51 | ||
| Altman-Z | 13.55 |
F-Score5
WACC9.78%
ROIC/WACC1.97
Cap/Depr(3y)91.75%
Cap/Depr(5y)109.45%
Cap/Sales(3y)2.31%
Cap/Sales(5y)2.25%
Profit Quality(3y)49.54%
Profit Quality(5y)54.24%
High Growth Momentum
Growth
EPS 1Y (TTM)-7.57%
EPS 3Y13.36%
EPS 5Y26.4%
EPS Q2Q%6.9%
EPS Next Y9.73%
EPS Next 2Y17.1%
EPS Next 3Y22.96%
EPS Next 5YN/A
Revenue 1Y (TTM)8.38%
Revenue growth 3Y17.48%
Revenue growth 5Y26.48%
Sales Q2Q%15.21%
Revenue Next Year9.15%
Revenue Next 2Y10.16%
Revenue Next 3Y16.36%
Revenue Next 5YN/A
EBIT growth 1Y-0.35%
EBIT growth 3Y13.83%
EBIT growth 5Y28.17%
EBIT Next Year25.94%
EBIT Next 3Y25.23%
EBIT Next 5YN/A
FCF growth 1Y521.95%
FCF growth 3Y54.79%
FCF growth 5Y35.06%
OCF growth 1Y228.13%
OCF growth 3Y37.82%
OCF growth 5Y34.24%