Valuation
26% of the score
27median 13
FirstCash Holdings, Inc. is valued at 20.5x its operating profit, including debt: a rich multiple.
25x
20x
15x
10x
6x
20.5x
Full points at 6x or less, none from 25xfull points
FCFSFirstCash Holdings, Inc.
$217.05+48% 1Y
$217.05
$144.5452 weeks$236.45
RyuScore
Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.
RyuScore 52 out of 100, Average
Today's price. Only valuation depends on it.
Average. FirstCash Holdings, Inc. scores higher than 53% of the 1,794 companies Ryufin scores.
Carried by return on new capital and earnings quality, held back by valuation and the balance sheet.
Financial Services median 58 · all companies 50
Return on capital
18% of the score
46median 34
Over 7 years the business earned 8.2% a year after tax on the capital it uses.
2%
8%
15%
25%
8.2%
None at 2% or less, full points from 25%full points
7 years agolatest 9.6%
Return on new capital
16% of the score
100median 49
For every dollar of operating profit earned over 6 years, yearly profit grew by 16 cents. New capital earned 14%, and 110% of profit went back into the business.
-5%
12%
16%
None at minus 5 cents, full points from 12 centsfull points
Capital allocation
14% of the score
62median 64
How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.
Share countUp 1.4% a year over 5 years: new shares
455%
-3%
1.4%
0 pointsfull points
Assets against salesAssets grew 17% a year, sales 18%
8612%
-2%
-0.1%
0 pointsfull points
Cycle position
12% of the score
47median 62
Today's operating margin of 15% is 1.22x its normal 13%: above its usual level. Normal is half the 10 year median, half the last four years, so a margin that has held is not taken for a peak.
2x
1.5x
1x
0.7x
1.2x
A trough earns points, a peak costs themfull points
10 years agonow 15%
Balance sheet
8% of the score
15median 50
What the debt weighs against the profit that has to carry it.
Net debt to EBITDANet debt with no operating cash profit.
0Interest coverOperating profit covers interest 5x
301.5x
12x
4.7x
0 pointsfull points
Earnings quality
6% of the score
93median 90
Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.
Cash against profitOperating cash flow was 1.91x profit over 3 years
1000.7x
1x
1.3x
1.9x
0 pointsfull points
AccrualsCash ran ahead of profit by 5.2% of assets
868%
0%
-8%
-5.2%
0 pointsfull points
How the RyuScore works
Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. Where a criterion cannot be measured from the filings it is taken out and the remaining weights scale up; a company needs 60% of the weight covered, and always a price, to get a score.
Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there.