Market Cap
US$27.1b
Last Updated
2019/08/17 23:35 UTC
Data Sources
Company Financials +
Executive Summary
Cintas Corporation provides corporate identity uniforms and related business services primarily in North America, Latin America, Europe, and Asia.
Snowflake
Fundamentals
Proven track record with mediocre balance sheet.
Similar Companies
Share Price & News
How has Cintas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0.4%
NasdaqGS:CTAS
-0.4%
US Commercial Services
-1.0%
US Market
1 Year Return
24.3%
NasdaqGS:CTAS
5.9%
US Commercial Services
-0.4%
US Market
CTAS outperformed the Commercial Services industry which returned 5.9% over the past year.
CTAS outperformed the Market in United States of America which returned -0.4% over the past year.
Share holder returns
| CTAS | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.4% | -0.4% | -1.0% |
| 30 Day | 1.4% | -1.4% | -3.3% |
| 90 Day | 18.3% | 3.7% | 0.8% |
| 1 Year | 25.7%24.3% | 9.9%5.9% | 1.9%-0.4% |
| 3 Year | 140.7%132.4% | 64.2%53.2% | 39.4%30.4% |
| 5 Year | 331.7%302.3% | 96.4%76.7% | 54.2%37.1% |
Price Volatility Vs. Market
How volatile is Cintas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Should You Worry About Cintas Corporation's (NASDAQ:CTAS) CEO Pay?2 weeks ago | Simply Wall St
Don't Sell Cintas Corporation (NASDAQ:CTAS) Before You Read This4 weeks ago | Simply Wall St
Here's Why Cintas (NASDAQ:CTAS) Can Manage Its Debt ResponsiblyValuation
Is Cintas undervalued based on future cash flows and its price relative to the stock market?
32.13x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Cintas's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Cintas's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Cintas is overvalued based on earnings compared to the US Commercial Services industry average.
Cintas is overvalued based on earnings compared to the United States of America market.
Price Based on Expected Growth
Cintas is poor value based on expected growth next year.
Price Based on Value of Assets
Cintas is overvalued based on assets compared to the US Commercial Services industry average.
Next Steps
Future Growth
How is Cintas expected to perform in the next 1 to 3 years based on estimates from 14 analysts?
8.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Cintas's revenue is expected to grow by 5.6% yearly, however this is not considered high growth (20% yearly).
Cintas's earnings are expected to grow by 8.1% yearly, however this is not considered high growth (20% yearly).
Cintas's revenue growth is positive but not above the United States of America market average.
Cintas's earnings growth is positive but not above the United States of America market average.
Cintas's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Cintas is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
Next Steps
Past Performance
How has Cintas performed over the past 5 years?
19.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Cintas's year on year earnings growth rate has been positive over the past 5 years.
Cintas's 1-year earnings growth is less than its 5-year average (13.1% vs 19.2%)
Cintas's earnings growth has exceeded the US Commercial Services industry average in the past year (13.1% vs -2.4%).
Return on Equity
Cintas has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
Return on Assets
Cintas used its assets more efficiently than the US Commercial Services industry average last year based on Return on Assets.
Return on Capital Employed
Cintas's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
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Financial Health
How is Cintas's financial position?
Financial Position Analysis
Cintas is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Cintas's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Cintas's level of debt (94.9%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (59.3% vs 94.9% today).
Debt is well covered by operating cash flow (37.5%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 11.4x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.8x debt.
Next Steps
Dividend
What is Cintas's current dividend yield, its reliability and sustainability?
0.94%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Cintas's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).
Cintas's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).
Cintas is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.
Cintas is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.
Current Payout to Shareholders
No need to calculate the sustainability of Cintas's dividends as it is not paying a notable one for United States of America.
Future Payout to Shareholders
Dividends after 3 years are expected to be well covered by earnings (3.5x coverage).
Next Steps
Management
What is the CEO of Cintas's salary, the management and board of directors tenure and is there insider trading?
3.7yrs
Average management tenure
CEO
Scott Farmer (60yo)
16.1yrs
Tenure
US$9,778,369
Compensation
Mr. Scott D. Farmer has been the Chief Executive Officer at Cintas Corporation since July 10, 2003. Mr. Farmer has been Chief Executive Officer of G&K Services, Inc. since March 21, 2017. He served as Rent ...
CEO Compensation Analysis
Scott's remuneration is about average for companies of similar size in United States of America.
Scott's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
3.7yrs
Average Tenure
52yo
Average Age
The tenure for the Cintas management team is about average.
Board Age and Tenure
7.7yrs
Average Tenure
66yo
Average Age
The tenure for the Cintas board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Recent Insider Transactions
| Entity | Individual |
| Role | Lead Director |
| Shares | 6,255 |
| Max Price | US$222.20 |
| Entity | Individual |
| Role | Senior VP |
| Shares | 2,415 |
| Max Price | US$207.81 |
| Entity | Individual |
| Role | Senior VP |
| Shares | 1,740 |
| Max Price | US$201.79 |
| Entity | Individual |
| Role | Member of the Board of Directors |
| Shares | 3,000 |
| Max Price | US$201.64 |
| Entity | Individual |
| Role | Executive VP & Chief Administrative Officer |
| Shares | 1,000 |
| Max Price | US$200.60 |
Ownership Breakdown
Management Team
Todd Schneider (51yo)
COO & Executive VP
- Tenure: 1.1yrs
Mike Thompson (53yo)
Executive VP & Chief Administrative Officer
- Tenure: 1.1yrs
- Compensation: $472.43k
Paul Adler (48yo)
VP & Treasurer
- Tenure: 4.2yrs
- Compensation: $718.93k
Scott Farmer (60yo)
Chairman & CEO
- Tenure: 16.1yrs
- Compensation: $9.78m
Michelle Goret
Vice President of Corporate Communications
Thomas Frooman (52yo)
Senior VP
- Tenure: 17.7yrs
- Compensation: $2.78m
Richard Farmer (84yo)
Founder & Chairman Emeritus
- Compensation: $349.78k
Bob Mitchell
Chief Marketing Officer
- Tenure: 3.2yrs
Matt Hough
VP & Chief Information Officer
- Tenure: 0.2yrs
Mike Hansen (51yo)
CFO & Executive VP
- Tenure: 4.5yrs
- Compensation: $2.82m
Board Members
Joe Scaminace (66yo)
Lead Director
- Compensation: $217.77k
Karen Carnahan (65yo)
Director
- Tenure: 0.1yrs
- Compensation: $382.75k
Scott Farmer (60yo)
Chairman & CEO
- Tenure: 2.9yrs
- Compensation: $9.78m
Melanie Barstad (66yo)
Director
- Tenure: 7.8yrs
- Compensation: $201.77k
Gerald Adolph (65yo)
Director
- Tenure: 13.1yrs
- Compensation: $211.37k
Richard Farmer (84yo)
Founder & Chairman Emeritus
- Compensation: $349.78k
Ron Tysoe (66yo)
Director
- Tenure: 11.6yrs
- Compensation: $220.97k
Bob Coletti (62yo)
Director
- Tenure: 3.1yrs
- Compensation: $194.57k
John Barrett (70yo)
Director
- Tenure: 7.6yrs
- Compensation: $208.07k
Jim Johnson (72yo)
Director
- Tenure: 10.4yrs
- Compensation: $208.07k
Company Information
Cintas Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Cintas Corporation
- Ticker: CTAS
- Exchange: NasdaqGS
- Founded: 1968
- Industry: diversified support services
- Sector: commercial services
- Market Cap: US$27.098b
- Shares outstanding: 102.49m
- Website: Click here
Number of Employees
Location
- Cintas Corporation
- 6800 Cintas Boulevard
- PO Box 625737
- Cincinnati
- Ohio
- 45262
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CTAS | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Aug 1983 |
| CIT | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Aug 1983 |
| CTAS | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Aug 1983 |
Biography
Cintas Corporation provides corporate identity uniforms and related business services primarily in North America, Latin America, Europe, and Asia. It operates through Uniform Rental and Facility Services a ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/17 23:35 |
| End of Day Share Price | 2019/08/16 00:00 |
| Earnings | 2019/05/31 |
| Annual Earnings | 2019/05/31 |
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.