-1.96%
6.38%
6.51%
-1.25%
-3.97%
58.12%
26.72%
AI Spotlight on FCFS
Company Description
FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and rest of Latin America.Its pawn stores lend money on the collateral of pledged personal property, including jewelry, electronics, tools, appliances, sporting goods, and musical instruments; and retails merchandise acquired through collateral forfeitures on forfeited pawn loans and over-the-counter purchases of merchandise directly from customers.The company is also involved in melting scrap jewelry, as well as sells gold, silver, and diamonds in commodity markets.
As of December 31, 2021, it operated 1,081 stores in the United States and the District of Columbia; 1,656 stores in Mexico; 60 stores in Guatemala; 13 stores in El Salvador; and 15 stores in Colombia.The company was incorporated in 1988 and is headquartered in Fort Worth, Texas.
Market Data
| Last Price | 110.21 |
| Change Percentage | -1.96% |
| Open | 111.54 |
| Previous Close | 112.42 |
| Market Cap ( Millions) | 4932 |
| Volume | 83322 |
| Year High | 133.64 |
| Year Low | 100.24 |
| M A 50 | 106.96 |
| M A 200 | 112.15 |
Financial Ratios
| FCF Yield | 5.60% |
| Dividend Yield | 1.32% |
| ROE | 12.82% |
| Debt / Equity | 85.53% |
| Net Debt / EBIDTA | 202.35% |
| Price To Book | 2.43 |
| Price Earnings Ratio | 19.27 |
| Price To FCF | 17.87 |
| Price To sales | 1.46 |
| EV / EBITDA | 8.33 |
News
- Jan -30 - FirstCash (FCFS) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
- Jan -30 - FirstCash Holdings (FCFS) Q4 Earnings Surpass Estimates
- Jan -30 - FirstCash Reports Record Fourth Quarter and Full-Year Operating Results; Accelerating Pawn Demand Drives Record Revenue & Earnings; Declares Quarterly Cash Dividend
- Jan -03 - FirstCash: Strong Core Pawn In The U.S., But Challenges Elsewhere
- Oct -24 - FirstCash (FCFS) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
- Oct -24 - FirstCash Holdings (FCFS) Q3 Earnings Beat Estimates
- Oct -24 - FirstCash Reports Record Third Quarter Operating Results; Strength in U.S. Pawn Segment Drives Record Revenue and Earnings; Declares Quarterly Cash Dividend
- Oct -22 - What Analyst Projections for Key Metrics Reveal About FirstCash (FCFS) Q3 Earnings
- Aug -08 - FirstCash Increases Capacity of Unsecured Bank Credit Facility; Maturity Date Extended to August 2029
- Jul -27 - FirstCash: Strong Core Pawn Results, But Some Yellow Flags Elsewhere
- Jul -25 - FirstCash (FCFS) Reports Q2 Earnings: What Key Metrics Have to Say
- Jul -25 - FirstCash Holdings (FCFS) Beats Q2 Earnings and Revenue Estimates
- Jul -25 - FirstCash Reports Second Quarter Operating Results; U.S. Pawn Fees Grow 22%, Driving 25% Increase in U.S. Pawn Segment Earnings; 47 Pawn Locations Added in Second Quarter Through Acquisitions and New Store Openings; Quarterly Cash Dividend Increased to $0.38 per Share
- May -28 - 3 Payday Loan Stocks Set to Cash In on Summer Spending
- May -16 - 7 Cheap Russell 2000 Stocks to Buy Now: May 2024
- Apr -25 - FirstCash Holdings (FCFS) Tops Q1 Earnings Estimates
- Apr -25 - FirstCash Reports Record First Quarter Results; Earnings per Share Increase 32% in Total and 24% on an Adjusted Basis; Announces Acquisitions of 22 U.S. Pawn Stores and 19 New Store Openings in LatAm; Declares Quarterly Cash Dividend
- Apr -24 - Gear Up for FirstCash (FCFS) Q1 Earnings: Wall Street Estimates for Key Metrics
- Apr -23 - What to Expect From WEX's First-Quarter 2024 Earnings Report
- Apr -18 - FirstCash Holdings (FCFS) to Report Q1 Results: Wall Street Expects Earnings Growth
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> United States Pawn
Expected Growth : 6 %
What the company do ?
United States Pawn is a leading pawnshop chain from FirstCash Holdings, Inc, offering pawn loans, retail sales, and other financial services.
Why we expect these perspectives ?
United States Pawn segment of FirstCash Holdings, Inc. is driven by increasing demand for pawn loans, expansion of store count, and strategic acquisitions. Additionally, the company's focus on retail sales and jewelry scrapping contributes to growth. Furthermore, the rise of unbanked and underbanked populations, and the need for alternative financial services, also fuels growth.
Segment n°2 -> Retail POS Payment Solutions
Expected Growth : 5 %
What the company do ?
FirstCash Holdings, Inc.'s Retail POS Payment Solutions enable merchants to accept various payment methods, manage transactions, and track sales data through a single, integrated platform.
Why we expect these perspectives ?
FirstCash Holdings' Retail POS Payment Solutions growth is driven by increasing adoption of digital payments, expansion into new markets, strategic partnerships, and innovative product offerings. Additionally, the rise of omnichannel retailing, need for cashless transactions, and growing demand for contactless payments are contributing to the 5% growth.
Segment n°3 -> Latin America Pawn
Expected Growth : 7 %
What the company do ?
Latin America Pawn is a segment of FirstCash Holdings, Inc. that operates pawn stores in Latin America, offering pawn loans and retail merchandise sales.
Why we expect these perspectives ?
Latin America Pawn from FirstCash Holdings, Inc. growth driven by increasing demand for pawn loans, expansion into underserved markets, and strategic acquisitions. Strong brand recognition, efficient operations, and favorable regulatory environment also contribute to 7% growth. Additionally, growing middle class, urbanization, and increasing access to financial services in Latin America support segment growth.
Segment n°4 -> Corporate/Eliminations
Expected Growth : 4 %
What the company do ?
Corporate/Eliminations from FirstCash Holdings, Inc represents the consolidation and elimination of intercompany transactions and balances between subsidiaries.
Why we expect these perspectives ?
FirstCash Holdings' Corporate/Eliminations segment growth is driven by strategic acquisitions, expansion into new markets, and increased pawn loan balances. Additionally, the company's focus on cost savings initiatives, operational efficiencies, and effective capital allocation contribute to its growth. Furthermore, the segment benefits from a strong brand presence, diversified revenue streams, and a solid financial position, enabling it to invest in growth opportunities.
Firstcash Holdings, Inc Products
| Product Range | What is it ? |
|---|---|
| Retail Pawn Loans | FirstCash Holdings, Inc. offers retail pawn loans, allowing customers to borrow money using their valuable items as collateral. |
| Retail Merchandise Sales | The company sells a wide range of merchandise, including jewelry, electronics, tools, and musical instruments, at discounted prices. |
| Wholesale Merchandise Sales | FirstCash Holdings, Inc. sells bulk merchandise to other retailers, wholesalers, and exporters. |
| Pawnbrokerage Services | The company provides pawnbrokerage services, allowing customers to buy, sell, and trade merchandise. |
| Gold Buying | FirstCash Holdings, Inc. buys gold and other precious metals from customers. |
| Check Cashing and Money Services | The company offers check cashing, money orders, and other financial services. |
FirstCash Holdings, Inc's Porter Forces
Threat Of Substitutes
The threat of substitutes for FirstCash Holdings, Inc. is moderate due to the presence of alternative financial services providers, but the company's diversified revenue streams and strong brand recognition mitigate this threat.
Bargaining Power Of Customers
The bargaining power of customers is low for FirstCash Holdings, Inc. due to the company's large customer base and diversified revenue streams, which reduce the dependence on individual customers.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate for FirstCash Holdings, Inc. due to the company's dependence on a few large suppliers, but the company's strong relationships with suppliers and diversified supply chain mitigate this threat.
Threat Of New Entrants
The threat of new entrants is low for FirstCash Holdings, Inc. due to the company's strong brand recognition, diversified revenue streams, and high barriers to entry in the financial services industry.
Intensity Of Rivalry
The intensity of rivalry is high for FirstCash Holdings, Inc. due to the competitive nature of the financial services industry, but the company's strong brand recognition, diversified revenue streams, and cost leadership strategy help to mitigate this threat.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 49.06% |
| Debt Cost | 6.47% |
| Equity Weight | 50.94% |
| Equity Cost | 7.11% |
| WACC | 6.80% |
| Leverage | 96.33% |
FirstCash Holdings, Inc : Quality Control
FirstCash Holdings, Inc passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| NNI | Nelnet, Inc. engages in loan servicing, communications, education technology, services, and payment processing businesses worldwide. The Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer service, … |
| ALLY | Ally Financial Inc., a digital financial-services company, provides various digital financial products and services to consumer, commercial, and corporate customers primarily in the United States and Canada. It operates through … |
| OMF | OneMain Holdings, Inc., a financial service holding company, engages in the consumer finance and insurance businesses. The company originates, underwrites, and services personal loans secured by automobiles, other titled collateral, … |
| WU | The Western Union Company provides money movement and payment services worldwide. The company operates in two segments, Consumer-to-Consumer and Business Solutions. The Consumer-to-Consumer segment facilitates money transfers between two consumers, … |
| SLM | SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It also offers … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
OneMain Holdings
A-Score
1-Year Total Return ->
🥈
SLM
A-Score
1-Year Total Return ->
🥉
Western Union
A-Score
1-Year Total Return ->
4
Nelnet
A-Score
1-Year Total Return ->
5
Ally Financial
A-Score
1-Year Total Return ->
6
