NYSE:INT

Stock Analysis Report

World Fuel Services

Executive Summary

World Fuel Services Corporation engages in the distribution of fuel, and related products and services in the aviation, marine, and land transportation industries worldwide.

Snowflake

Fundamentals

Flawless balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has World Fuel Services's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.3%

NYSE:INT

4.7%

US Oil and Gas

1.1%

US Market


1 Year Return

48.7%

NYSE:INT

-16.7%

US Oil and Gas

2.1%

US Market

INT outperformed the Oil and Gas industry which returned -19.2% over the past year.

INT outperformed the Market in United States of America which returned 2% over the past year.


Share holder returns

INTIndustryMarket
7 Day0.3%4.7%1.1%
30 Day8.4%10.3%3.7%
90 Day21.1%-0.07%2.3%
1 Year50.2%48.7%-13.6%-16.7%4.4%2.1%
3 Year-7.0%-9.3%4.7%-4.8%47.0%37.4%
5 Year3.6%0.2%-24.0%-34.4%61.6%43.8%

Price Volatility Vs. Market

How volatile is World Fuel Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is World Fuel Services undervalued based on future cash flows and its price relative to the stock market?

19.25x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

World Fuel Services's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

World Fuel Services's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

World Fuel Services is overvalued based on earnings compared to the US Oil and Gas industry average.

World Fuel Services is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

World Fuel Services is good value based on expected growth next year.


Price Based on Value of Assets

World Fuel Services is overvalued based on assets compared to the US Oil and Gas industry average.


Next Steps

Future Growth

How is World Fuel Services expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

22.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

World Fuel Services's revenue is expected to grow by 8.5% yearly, however this is not considered high growth (20% yearly).

World Fuel Services's earnings are expected to grow significantly at over 20% yearly.

World Fuel Services's revenue growth is expected to exceed the United States of America market average.

World Fuel Services's earnings growth is expected to exceed the United States of America market average.

World Fuel Services's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if World Fuel Services will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has World Fuel Services performed over the past 5 years?

-34.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

World Fuel Services's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

World Fuel Services has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

World Fuel Services has become profitable in the last year making it difficult to compare the US Oil and Gas industry average.


Return on Equity

World Fuel Services has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

World Fuel Services used its assets less efficiently than the US Oil and Gas industry average last year based on Return on Assets.


Return on Capital Employed

World Fuel Services has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is World Fuel Services's financial position?


Financial Position Analysis

World Fuel Services is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

World Fuel Services's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

World Fuel Services's level of debt (36.8%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (38.9% vs 36.8% today).

Debt is well covered by operating cash flow (27.3%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 4x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 5.9x debt.


Next Steps

Dividend

What is World Fuel Services's current dividend yield, its reliability and sustainability?

0.93%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase World Fuel Services before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

World Fuel Services's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).

World Fuel Services's dividend is below the markets top 25% of dividend payers in United States of America (3.67%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are thoroughly covered by earnings (7.6x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of World Fuel Services's salary, the management and board of directors tenure and is there insider trading?

3.5yrs

Average management tenure


CEO

Mike Kasbar (62yo)

7.7yrs

Tenure

US$4,893,113

Compensation

Mr. Michael J. Kasbar, also known as Mike, has been the Chief Executive Officer and President of World Fuel Services Corp. since January 1, 2012 and July 2002 respectively. Mr. Kasbar served as the Chief O ...


CEO Compensation Analysis

Mike's remuneration is about average for companies of similar size in United States of America.

Mike's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.5yrs

Average Tenure

55.5yo

Average Age

The tenure for the World Fuel Services management team is about average.


Board Age and Tenure

5.3yrs

Average Tenure

65.5yo

Average Age

The tenure for the World Fuel Services board of directors is about average.


Insider Trading

World Fuel Services individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$380,53929 Aug 19
Paul Stebbins
EntityIndividual
Role
Chairman Emeritus
Chairman Emeritus
Shares10,000
Max PriceUS$38.09
SellUS$189,60028 Aug 19
Richard Kassar
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares5,000
Max PriceUS$37.92
SellUS$382,27014 May 19
John Presby
EntityIndividual
Shares13,078
Max PriceUS$29.23

Ownership Breakdown


Management Team

  • Mike Kasbar (62yo)

    Chairman

    • Tenure: 7.7yrs
    • Compensation: US$4.89m
  • Alex Lake (47yo)

    Executive VP

    • Tenure: 2.5yrs
  • Ira Birns (56yo)

    Executive VP & CFO

    • Tenure: 12.4yrs
    • Compensation: US$1.90m
  • Jeff Smith (57yo)

    Chief Operating Officer

    • Tenure: 1.9yrs
    • Compensation: US$1.93m
  • Francis Lee

    Executive Vice President of Marine

    • Tenure: 0yrs
  • Mike Crosby (54yo)

    Executive Vice President of Global Land

    • Tenure: 3.5yrs
    • Compensation: US$1.80m
  • Wade DeClaris

    Chief Commercial Officer

    • Tenure: 0yrs
  • John Rau (55yo)

    Executive Vice President of Global Aviation & Marine

    • Tenure: 3.5yrs
    • Compensation: US$2.03m
  • Amy Abraham

    Senior VP & Chief Marketing Officer

    • Tenure: 0yrs

Board Members

  • Paul Stebbins (62yo)

    Chairman Emeritus

    • Tenure: 5.3yrs
    • Compensation: US$221.42k
  • Mike Kasbar (62yo)

    Chairman

    • Tenure: 7.7yrs
    • Compensation: US$4.89m
  • Stephen Roddenberry (70yo)

    Lead Independent Director

    • Tenure: 2.3yrs
    • Compensation: US$296.63k
  • Richard Kassar (72yo)

    Independent Director

    • Tenure: 17.1yrs
    • Compensation: US$263.63k
  • Ken Bakshi (69yo)

    Independent Director

    • Tenure: 17.1yrs
    • Compensation: US$287.63k
  • Stephen Gold (59yo)

    Independent Director

    • Tenure: 1.9yrs
    • Compensation: US$240.00k
  • John Manley (71yo)

    Independent Director

    • Tenure: 8.9yrs
    • Compensation: US$273.63k
  • Jorge Benitez (59yo)

    Independent Director

    • Tenure: 4.7yrs
    • Compensation: US$261.53k

Company Information

World Fuel Services Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: World Fuel Services Corporation
  • Ticker: INT
  • Exchange: NYSE
  • Founded: 1984
  • Industry: Oil and Gas Refining and Marketing
  • Sector: Energy
  • Market Cap: US$2.666b
  • Shares outstanding: 65.38m
  • Website: https://www.wfscorp.com

Number of Employees


Location

  • World Fuel Services Corporation
  • 9800 Northwest 41st Street
  • Miami
  • Florida
  • 33178
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
INTNYSE (New York Stock Exchange)YesCommon StockUSUSDAug 1986
WFKDB (Deutsche Boerse AG)YesCommon StockDEEURAug 1986

Biography

World Fuel Services Corporation engages in the distribution of fuel, and related products and services in the aviation, marine, and land transportation industries worldwide. Its Aviation segment supplies f ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/16 23:43
End of Day Share Price2019/09/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.