Federal Signal Corporation, together with its subsidiaries, designs, manufactures, and supplies a suite of products and integrated solutions for municipal, governmental, industrial, and commercial customers in the United States, Canada, Europe, and internationally.
Solid track record and good value.
Share Price & News
How has Federal Signal's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FSS has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FSS exceeded the US Machinery industry which returned 6.4% over the past year.
Return vs Market: FSS exceeded the US Market which returned 14% over the past year.
Price Volatility Vs. Market
How volatile is Federal Signal's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StIf You Had Bought Federal Signal (NYSE:FSS) Shares Three Years Ago You'd Have Made 118%
1 week ago | Simply Wall StHere's What Federal Signal Corporation's (NYSE:FSS) P/E Ratio Is Telling Us
2 weeks ago | Simply Wall StFederal Signal (NYSE:FSS) Has A Pretty Healthy Balance Sheet
Is Federal Signal undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FSS ($31.7) is trading below our estimate of fair value ($42.33)
Significantly Below Fair Value: FSS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FSS is good value based on its PE Ratio (17.2x) compared to the Machinery industry average (21x).
PE vs Market: FSS is good value based on its PE Ratio (17.2x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: FSS is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: FSS is overvalued based on its PB Ratio (3.2x) compared to the US Machinery industry average (2.2x).
How is Federal Signal forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FSS's forecast earnings growth (7% per year) is above the savings rate (1.7%).
Earnings vs Market: FSS's earnings (7% per year) are forecast to grow slower than the US market (13.1% per year).
High Growth Earnings: FSS's earnings are forecast to grow, but not significantly.
Revenue vs Market: FSS's revenue (6.9% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: FSS's revenue (6.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FSS's Return on Equity is forecast to be low in 3 years time (15.3%).
How has Federal Signal performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FSS has high quality earnings.
Growing Profit Margin: FSS's current net profit margins (9.3%) are higher than last year (8.6%).
Past Earnings Growth Analysis
Earnings Trend: FSS's earnings have grown by 11.8% per year over the past 5 years.
Accelerating Growth: FSS's earnings growth over the past year (22.1%) exceeds its 5-year average (11.8% per year).
Earnings vs Industry: FSS earnings growth over the past year (22.1%) exceeded the Machinery industry 0.8%.
Return on Equity
High ROE: FSS's Return on Equity (18.4%) is considered low.
Return on Assets
Return on Capital Employed
How is Federal Signal's financial position?
Financial Position Analysis
Short Term Liabilities: FSS's short term assets ($380.2M) exceed its short term liabilities ($164.0M).
Long Term Liabilities: FSS's short term assets ($380.2M) do not cover its long term liabilities ($405.4M).
Debt to Equity History and Analysis
Debt Level: FSS's debt to equity ratio (41.2%) is considered high.
Reducing Debt: FSS's debt to equity ratio has increased from 17.7% to 41.2% over the past 5 years.
Debt Coverage: FSS's debt is well covered by operating cash flow (32%).
Interest Coverage: FSS's interest payments on its debt are well covered by EBIT (17.7x coverage).
Inventory Level: FSS has a high level of physical assets or inventory.
Debt Coverage by Assets: FSS's debt is covered by short term assets (assets are 1.5x debt).
What is Federal Signal's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase Federal Signal before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: FSS's dividend (1.01%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.48%).
High Dividend: FSS's dividend (1.01%) is low compared to the top 25% of dividend payers in the US market (3.77%).
Stability and Growth of Payments
Stable Dividend: FSS's dividend payments have been volatile in the past 10 years.
Growing Dividend: FSS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.3%), FSS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FSS's dividends in 3 years are forecast to be well covered by earnings (16.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jennifer Sherman (54yo)
Ms. Jennifer L. Sherman has been the Chief Executive Officer, President and Director of Federal Signal Corporation since January 1, 2016. Ms. Sherman served as the Chief Operating Officer of Federal Signal ...
CEO Compensation Analysis
Compensation vs Market: Jennifer's total compensation ($USD4.43M) is about average for companies of similar size in the US market ($USD3.87M).
Compensation vs Earnings: Jennifer's compensation has increased by more than 20% in the past year.
|Senior VP & CFO||2.9yrs||US$1.32m||0.067% $1.3m|
|Senior VP & COO||2.1yrs||US$1.56m||0.018% $351.6k|
|VP, General Counsel & Secretary||4.3yrs||US$823.29k||0.090% $1.7m|
|VP of Corporate Development & Treasurer||4.8yrs||no data||0.030% $579.8k|
|VP & Corporate Controller||2.8yrs||no data||0.0067% $128.3k|
|VP & GM of Elgin Sweeper Company||0yrs||US$546.55k||no data|
Experienced Management: FSS's management team is considered experienced (3.5 years average tenure).
|Independent Director||1yrs||no data||0.0075% $144.2k|
|Independent Director||6yrs||US$190.03k||0.067% $1.3m|
|Independent Director||9.8yrs||US$178.03k||0.084% $1.6m|
|Non-Executive Chairman||3.2yrs||US$241.50k||0.36% $6.9m|
|Lead Independent Director||1.1yrs||US$187.00k||0.13% $2.5m|
|Independent Director||1.2yrs||US$3.04k||0.0080% $152.9k|
|Independent Director||8.8yrs||US$182.03k||0.16% $3.0m|
Experienced Board: FSS's board of directors are considered experienced (3.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Federal Signal Corporation's company bio, employee growth, exchange listings and data sources
- Name: Federal Signal Corporation
- Ticker: FSS
- Exchange: NYSE
- Founded: 1901
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: US$1.918b
- Shares outstanding: 60.51m
- Website: https://www.federalsignal.com
Number of Employees
- Federal Signal Corporation
- 1415 West 22nd Street
- Suite 1100
- Oak Brook
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FSS||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Feb 1969|
|FSG||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Feb 1969|
Federal Signal Corporation, together with its subsidiaries, designs, manufactures, and supplies a suite of products and integrated solutions for municipal, governmental, industrial, and commercial customers in the United States, Canada, Europe, and internationally. It operates through two segments, Environmental Solutions Group and Safety and Security Systems Group. The Environmental Solutions Group segment offers a range of street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks, water blasting equipment, dump truck bodies, and trailers under the Elgin, Vactor, Guzzler, Westech, Jetstream, Ox Bodies, Crysteel, J-Craft, Duraclass, Rugby, and Travis brand names. It also offers refuse and recycling collection vehicles, camera systems, ice resurfacing equipment, and snow-removal equipment. In addition, this segment engages in the sale of parts, service and repair, equipment rental, and training activities. The Safety and Security Systems Group segment provides systems and products for campus and community alerting, emergency vehicles, first responder interoperable communications, and industrial communications, as well as command and municipal networked security. Its products include vehicle lightbars and sirens, public warning sirens, general alarm systems, public address systems, and public safety software. This segment sells its products under the Federal Signal, Federal Signal VAMA, and Victor brands. The company sells its products through wholesaler, distributor, independent manufacturer representative, original equipment manufacturer, and direct sales force, as well as independent foreign distributor. Federal Signal Corporation was founded in 1901 and is headquartered in Oak Brook, Illinois.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 23:36|
|End of Day Share Price||2020/02/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.