Comfort Systems Usa Stock Beta

FIX Stock

USD 486.65 17.47 3.47%

Comfort Systems USA fundamentals help investors to digest information that contributes to Comfort Systems' financial success or failures. It also enables traders to predict the movement of Comfort Stock. The fundamental analysis module provides a way to measure Comfort Systems' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Comfort Systems stock.

Short Long Term Debt Total Total Assets

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Comfort Systems USA Company Beta Analysis

Comfort Systems' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Comfort Systems Beta

1.13

Most of Comfort Systems' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Comfort Systems USA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Comfort Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Comfort Systems is extremely important. It helps to project a fair market value of Comfort Stock properly, considering its historical fundamentals such as Beta. Since Comfort Systems' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Comfort Systems' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Comfort Systems' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Good Will	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Capital Surpluse	Deferred Long Term Liab	Long Term Debt Total	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		1.0	0.5	1.0	0.99	0.99	1.0	0.99	0.88	0.88	0.76	0.26	0.89	-0.95	0.97	0.95	-0.42	0.8	-0.53	0.89	-0.51	0.9	0.93	0.77	-0.74
Total Stockholder Equity	1.0		0.45	1.0	0.99	0.99	0.99	0.99	0.86	0.87	0.78	0.22	0.88	-0.93	0.97	0.96	-0.37	0.81	-0.54	0.87	-0.53	0.88	0.91	0.75	-0.76
Net Debt	0.5	0.45		0.46	0.42	0.43	0.53	0.37	0.68	0.71	-0.03	0.86	0.6	-0.66	0.56	0.25	-0.82	0.1	-0.44	0.81	-0.36	0.71	0.69	0.68	0.04
Retained Earnings	1.0	1.0	0.46		0.98	0.99	0.99	0.98	0.86	0.89	0.77	0.26	0.9	-0.94	0.97	0.96	-0.38	0.81	-0.55	0.87	-0.53	0.89	0.92	0.75	-0.75
Accounts Payable	0.99	0.99	0.42	0.98		1.0	0.99	0.99	0.85	0.82	0.79	0.15	0.83	-0.93	0.96	0.96	-0.33	0.8	-0.5	0.85	-0.49	0.87	0.89	0.75	-0.76
Net Receivables	0.99	0.99	0.43	0.99	1.0		0.99	1.0	0.86	0.83	0.81	0.17	0.85	-0.92	0.96	0.97	-0.34	0.82	-0.5	0.85	-0.49	0.87	0.89	0.77	-0.78
Total Liab	1.0	0.99	0.53	0.99	0.99	0.99		0.98	0.89	0.89	0.75	0.28	0.89	-0.95	0.97	0.94	-0.45	0.79	-0.52	0.91	-0.5	0.91	0.94	0.78	-0.72
Total Current Assets	0.99	0.99	0.37	0.98	0.99	1.0	0.98		0.84	0.81	0.84	0.12	0.83	-0.89	0.94	0.98	-0.32	0.85	-0.47	0.83	-0.47	0.84	0.87	0.75	-0.81
Short Term Debt	0.88	0.86	0.68	0.86	0.85	0.86	0.89	0.84		0.85	0.53	0.46	0.82	-0.88	0.87	0.76	-0.46	0.62	-0.53	0.88	-0.37	0.88	0.89	0.83	-0.52
Intangible Assets	0.88	0.87	0.71	0.89	0.82	0.83	0.89	0.81	0.85		0.5	0.65	0.98	-0.88	0.87	0.78	-0.67	0.66	-0.56	0.93	-0.43	0.91	0.93	0.74	-0.53
Common Stock	0.76	0.78	-0.03	0.77	0.79	0.81	0.75	0.84	0.53	0.5		-0.27	0.56	-0.57	0.68	0.89	-0.05	0.93	-0.26	0.5	-0.29	0.59	0.59	0.6	-0.81
Long Term Debt	0.26	0.22	0.86	0.26	0.15	0.17	0.28	0.12	0.46	0.65	-0.27		0.58	-0.42	0.33	0.04	-0.74	-0.02	-0.37	0.59	-0.18	0.52	0.52	0.4	0.21
Good Will	0.89	0.88	0.6	0.9	0.83	0.85	0.89	0.83	0.82	0.98	0.56	0.58		-0.85	0.86	0.83	-0.55	0.72	-0.55	0.87	-0.41	0.86	0.9	0.71	-0.6
Treasury Stock	-0.95	-0.93	-0.66	-0.94	-0.93	-0.92	-0.95	-0.89	-0.88	-0.88	-0.57	-0.42	-0.85		-0.96	-0.81	0.49	-0.63	0.6	-0.92	0.6	-0.95	-0.96	-0.73	0.5
Property Plant Equipment	0.97	0.97	0.56	0.97	0.96	0.96	0.97	0.94	0.87	0.87	0.68	0.33	0.86	-0.96		0.88	-0.4	0.69	-0.65	0.9	-0.65	0.93	0.9	0.78	-0.65
Current Deferred Revenue	0.95	0.96	0.25	0.96	0.96	0.97	0.94	0.98	0.76	0.78	0.89	0.04	0.83	-0.81	0.88		-0.25	0.9	-0.42	0.75	-0.4	0.76	0.81	0.69	-0.88
Net Tangible Assets	-0.42	-0.37	-0.82	-0.38	-0.33	-0.34	-0.45	-0.32	-0.46	-0.67	-0.05	-0.74	-0.55	0.49	-0.4	-0.25		-0.19	0.21	-0.73	0.13	-0.57	-0.59	-0.51	0.07
Capital Surpluse	0.8	0.81	0.1	0.81	0.8	0.82	0.79	0.85	0.62	0.66	0.93	-0.02	0.72	-0.63	0.69	0.9	-0.19		-0.28	0.59	-0.21	0.67	0.72	0.63	-0.75
Deferred Long Term Liab	-0.53	-0.54	-0.44	-0.55	-0.5	-0.5	-0.52	-0.47	-0.53	-0.56	-0.26	-0.37	-0.55	0.6	-0.65	-0.42	0.21	-0.28		-0.52	0.83	-0.61	-0.52	-0.49	0.25
Long Term Debt Total	0.89	0.87	0.81	0.87	0.85	0.85	0.91	0.83	0.88	0.93	0.5	0.59	0.87	-0.92	0.9	0.75	-0.73	0.59	-0.52		-0.49	0.94	0.94	0.83	-0.48
Short Long Term Debt	-0.51	-0.53	-0.36	-0.53	-0.49	-0.49	-0.5	-0.47	-0.37	-0.43	-0.29	-0.18	-0.41	0.6	-0.65	-0.4	0.13	-0.21	0.83	-0.49		-0.55	-0.47	-0.37	0.22
Cash And Equivalents	0.9	0.88	0.71	0.89	0.87	0.87	0.91	0.84	0.88	0.91	0.59	0.52	0.86	-0.95	0.93	0.76	-0.57	0.67	-0.61	0.94	-0.55		0.96	0.82	-0.43
Net Invested Capital	0.93	0.91	0.69	0.92	0.89	0.89	0.94	0.87	0.89	0.93	0.59	0.52	0.9	-0.96	0.9	0.81	-0.59	0.72	-0.52	0.94	-0.47	0.96		0.78	-0.46
Net Working Capital	0.77	0.75	0.68	0.75	0.75	0.77	0.78	0.75	0.83	0.74	0.6	0.4	0.71	-0.73	0.78	0.69	-0.51	0.63	-0.49	0.83	-0.37	0.82	0.78		-0.49
Capital Stock	-0.74	-0.76	0.04	-0.75	-0.76	-0.78	-0.72	-0.81	-0.52	-0.53	-0.81	0.21	-0.6	0.5	-0.65	-0.88	0.07	-0.75	0.25	-0.48	0.22	-0.43	-0.46	-0.49

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Comfort Systems

In accordance with the recently published financial statements, Comfort Systems USA has a Beta of 1.13. This is 17.52% lower than that of the Construction & Engineering sector and 5.61% higher than that of the Industrials industry. The beta for all United States stocks is notably lower than that of the firm.

Comfort Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Comfort Systems' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Comfort Systems could also be used in its relative valuation, which is a method of valuing Comfort Systems by comparing valuation metrics of similar companies.

Comfort Systems is currently under evaluation in beta category among its peers.

Comfort Systems ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Comfort Systems' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Comfort Systems' managers, analysts, and investors.

Environmental

Governance

Social

Comfort Systems Institutional Holders

Institutional Holdings refers to the ownership stake in Comfort Systems that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Comfort Systems' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Comfort Systems' value.

		Shares
Alliancebernstein L.p.	2024-06-30	599.5 K
Dimensional Fund Advisors, Inc.	2024-09-30	495.8 K
Norges Bank	2024-06-30	435.5 K
Federated Hermes Inc	2024-09-30	416.1 K
Hood River Capital Management Llc	2024-09-30	388.8 K
Jpmorgan Chase & Co	2024-06-30	357.7 K
Millennium Management Llc	2024-06-30	342.7 K
Bank Of New York Mellon Corp	2024-06-30	320.9 K
First Trust Advisors L.p.	2024-06-30	315.6 K
Blackrock Inc	2024-06-30	4.6 M
Vanguard Group Inc	2024-09-30	3.7 M

Comfort Systems returns are very sensitive to returns on the market. As the market goes up or down, Comfort Systems is expected to follow.

Comfort Fundamentals

	Return On Equity	0.34
	Return On Asset	0.11
	Profit Margin	0.07 %
	Operating Margin	0.11 %
	Current Valuation	17.18 B
	Shares Outstanding	35.59 M
	Shares Owned By Insiders	1.52 %
	Shares Owned By Institutions	96.96 %
	Number Of Shares Shorted	679.06 K
	Price To Earning	29.01 X
	Price To Book	11.30 X
	Price To Sales	2.75 X
	Revenue	5.21 B
	Gross Profit	741.61 M
	EBITDA	497.65 M
	Net Income	323.4 M
	Cash And Equivalents	57.21 M
	Cash Per Share	2.00 X
	Total Debt	256.77 M
	Debt To Equity	0.54 %
	Current Ratio	1.30 X
	Book Value Per Share	44.75 X
	Cash Flow From Operations	639.57 M
	Short Ratio	1.82 X
	Earnings Per Share	12.60 X
	Price To Earnings To Growth	2.06 X
	Target Price	503.8
	Number Of Employees	15.8 K
	Beta	1.13
	Market Capitalization	17.94 B
	Total Asset	3.31 B
	Retained Earnings	1.15 B
	Working Capital	189.9 M
	Current Asset	424.27 M
	Current Liabilities	305.39 M
	Annual Yield	0 %
	Five Year Return	0.71 %
	Net Asset	3.31 B
	Last Dividend Paid	1.1

About Comfort Systems Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Comfort Systems USA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Comfort Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Comfort Systems USA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Comfort Stock Analysis

When running Comfort Systems' price analysis, check to measure Comfort Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Comfort Systems is operating at the current time. Most of Comfort Systems' value examination focuses on studying past and present price action to predict the probability of Comfort Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comfort Systems' price. Additionally, you may evaluate how the addition of Comfort Systems to your portfolios can decrease your overall portfolio volatility.

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