Service Corporation International (SCI) Análise de ações

Visão geral da empresa

Service Corporation International operates within the consumer cyclical sector, specifically functioning in the personal services industry by providing comprehensive deathcare products and services across the United States and Canada. Its operational footprint encompasses a diverse array of funeral service locations, cemeteries, crematoria, and combination facilities designed to serve families during end-of-life transitions. The company maintains a substantial market capitalization of $11.62B, supported by a trailing twelve-month revenue stream of $4.31B and a workforce comprising 17,869 employees. These financial dimensions and operational scale indicate that Service Corporation International holds a significant position within the deathcare market, reflecting a mature business model that generates consistent cash flows despite being classified under consumer cyclical parameters.

Saúde financeira

The company reported total revenue of $4.31B for the trailing twelve months, with a corresponding net income of $542.61M and an EBITDA of $1.32B. The substantial gap between the $4.31B in revenue and the $542.61M in net income reveals a cost structure where operating expenses, including cost of goods sold and administrative costs, consume approximately 87.4% of top-line sales before interest and taxes. Free cash flow stands at $410.34M, which demonstrates the company's ability to generate liquidity after capital expenditures, providing financial flexibility for debt servicing, maintenance of cemetery assets, or potential share repurchases. Profitability is further contextualized by a gross margin of 26.5%, an operating margin of 25.5%, and a profit margin of 12.6%, indicating that the business retains a healthy portion of revenue at each stage of the income statement. Regarding liquidity and leverage, the firm holds $243.58M in cash against total debt obligations of $5.22B, resulting in a debt-to-equity ratio of 318.32% that suggests a highly leveraged balance sheet typical of capital-intensive service businesses. The current ratio of 0.55 indicates that current assets are less than current liabilities, pointing to a reliance on long-term assets or operating cash flows rather than liquid reserves to meet short-term obligations. Management effectiveness is highlighted by a return on equity of 32.7% and a return on assets of 3.4%, showing that the company generates significant returns on shareholder capital while utilizing its asset base to produce earnings at a moderate efficiency level.

Avaliação de valorização

Valuation metrics for Service Corporation International include a trailing twelve-month P/E ratio of 21.96 and a forward P/E of 18.03, where the difference between these figures implies an expectation of accelerating earnings growth relative to current levels. The price-to-book ratio is recorded at 7.12, which indicates a significant market premium over the company's book value, reflecting the intangible nature of its funeral services and cemetery land assets. Alternative valuation measures such as the price-to-sales ratio of 2.70 and an enterprise value-to-EBITDA of 12.57 provide additional context, suggesting the stock is priced at a premium relative to its sales and cash generation capabilities. Price action over the last year has oscillated between a 52-week high of $86.67 and a 52-week low of $71.75, placing the current trading price within a defined historical range that bounds investor expectations. The beta value of 0.98 suggests that the stock's price volatility tracks closely with the broader market, moving in tandem with general equity market fluctuations without exhibiting extreme sensitivity to sector-specific risks.

Growth & Income

Revenue growth for the year-over-year period stands at 1.7%, while earnings growth is recorded at 8.9%, indicating that profitability is expanding at a rate significantly faster than the top line. This divergence implies that the company is successfully managing its cost structure or benefiting from margin expansion initiatives that allow net income to outpace revenue increases. As a dividend-paying entity, the company offers a dividend yield of 1.6% with a payout ratio of 34.2%, a level that appears sustainable given the robust earnings growth and positive free cash flow generation. The relatively low payout ratio suggests that the firm retains a majority of its earnings to reinvest in operations, maintain cemetery grounds, or reduce leverage rather than distributing all profits to shareholders. Overall, the growth and income profile presents a mix of moderate revenue expansion, accelerating earnings growth, and a conservative dividend policy that aligns with the capital-intensive requirements of the deathcare industry.