FLUSHING FINANCIAL CORP (FFIC) Stock Fundamental Analysis
NASDAQ:FFIC - Nasdaq - US3438731057 - Common Stock - Currency: USD
Overall FFIC gets a fundamental rating of 3 out of 10. We evaluated FFIC against 395 industry peers in the Banks industry. Both the profitability and financial health of FFIC have multiple concerns. FFIC has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year FFIC was profitable.
FFIC had a positive operating cash flow in the past year.
FFIC had positive earnings in 4 of the past 5 years.
Each year in the past 5 years FFIC had a positive operating cash flow.
1.2 Ratios
FFIC has a worse Return On Assets (-0.35%) than 93.67% of its industry peers.
The Return On Equity of FFIC (-4.32%) is worse than 94.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.35% | ||
| ROE | -4.32% | ||
| ROIC | N/A |
ROA(3y)0.3%
ROA(5y)0.47%
ROE(3y)3.77%
ROE(5y)5.79%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
FFIC does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FFIC does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for FFIC has been increased compared to 1 year ago.
FFIC has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, FFIC has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of FFIC is 23.47, which is on the high side as it means it would take FFIC, 23.47 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of FFIC (23.47) is worse than 83.29% of its industry peers.
FFIC has a Debt/Equity ratio of 0.33. This is a healthy value indicating a solid balance between debt and equity.
FFIC has a worse Debt to Equity ratio (0.33) than 70.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 23.47 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC19.49%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 68.00% over the past year.
The Earnings Per Share has been decreasing by -0.13% on average over the past years.
The Revenue for FFIC has decreased by -38.25% in the past year. This is quite bad
The Revenue has been decreasing by -6.18% on average over the past years.
EPS 1Y (TTM)68%
EPS 3Y-14.82%
EPS 5Y-0.13%
EPS Q2Q%91.67%
Revenue 1Y (TTM)-38.25%
Revenue growth 3Y-20.9%
Revenue growth 5Y-6.18%
Sales Q2Q%27.66%
3.2 Future
FFIC is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -2.14% yearly.
Based on estimates for the next years, FFIC will show a very strong growth in Revenue. The Revenue will grow by 25.31% on average per year.
EPS Next Y-21.75%
EPS Next 2Y-2.14%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year45.04%
Revenue Next 2Y25.31%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 7.59, the valuation of FFIC can be described as very cheap.
FFIC's Price/Earnings ratio is rather cheap when compared to the industry. FFIC is cheaper than 91.39% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 24.21, FFIC is valued rather cheaply.
FFIC is valuated reasonably with a Price/Forward Earnings ratio of 8.48.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FFIC indicates a somewhat cheap valuation: FFIC is cheaper than 72.66% of the companies listed in the same industry.
FFIC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 20.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.59 | ||
| Fwd PE | 8.48 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FFIC is valued expensively inside the industry as 84.05% of the companies are valued cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 42.63 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
FFIC's earnings are expected to decrease with -2.14% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-2.14%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.84%, FFIC is a good candidate for dividend investing.
FFIC's Dividend Yield is rather good when compared to the industry average which is at 3.42. FFIC pays more dividend than 96.20% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, FFIC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.84% |
5.2 History
The dividend of FFIC decreases each year by -0.62%.
FFIC has been paying a dividend for at least 10 years, so it has a reliable track record.
FFIC has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-0.62%
Div Incr Years0
Div Non Decr Years27
5.3 Sustainability
FFIC has negative earnings and hence a negative payout ratio. The dividend may be in danger.
FFIC's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP-83.12%
EPS Next 2Y-2.14%
EPS Next 3YN/A
12.75
-0.11 (-0.86%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners70.88%
Inst Owner Change1.03%
Ins Owners4.74%
Ins Owner Change3.76%
Market Cap430.69M
Analysts76
Price Target14.41 (13.02%)
Short Float %2.78%
Short Ratio2.8
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.84% |
Yearly Dividend0.83
Dividend Growth(5Y)-0.62%
DP-83.12%
Div Incr Years0
Div Non Decr Years27
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)198.84%
Min EPS beat(2)58.77%
Max EPS beat(2)338.91%
EPS beat(4)2
Avg EPS beat(4)94.46%
Min EPS beat(4)-17.61%
Max EPS beat(4)338.91%
EPS beat(8)5
Avg EPS beat(8)52.86%
EPS beat(12)8
Avg EPS beat(12)36.58%
EPS beat(16)10
Avg EPS beat(16)28.21%
Revenue beat(2)1
Avg Revenue beat(2)-96.82%
Min Revenue beat(2)-199.73%
Max Revenue beat(2)6.08%
Revenue beat(4)1
Avg Revenue beat(4)-50.9%
Min Revenue beat(4)-199.73%
Max Revenue beat(4)6.08%
Revenue beat(8)4
Avg Revenue beat(8)-24.7%
Revenue beat(12)6
Avg Revenue beat(12)-17.56%
Revenue beat(16)7
Avg Revenue beat(16)-13.94%
PT rev (1m)-12.4%
PT rev (3m)-18.7%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.59%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)1.3%
Revenue NY rev (3m)1.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.59 | ||
| Fwd PE | 8.48 | ||
| P/S | 3.46 | ||
| P/FCF | 42.63 | ||
| P/OCF | 34.7 | ||
| P/B | 0.59 | ||
| P/tB | 0.61 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.68
EY13.18%
EPS(NY)1.5
Fwd EY11.79%
FCF(TTM)0.3
FCFY2.35%
OCF(TTM)0.37
OCFY2.88%
SpS3.69
BVpS21.45
TBVpS20.89
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.35% | ||
| ROE | -4.32% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | 8.11% |
ROA(3y)0.3%
ROA(5y)0.47%
ROE(3y)3.77%
ROE(5y)5.79%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 23.47 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 37.6% | ||
| Cap/Sales | 1.85% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score4
WACC19.49%
ROIC/WACCN/A
Cap/Depr(3y)63.24%
Cap/Depr(5y)56.34%
Cap/Sales(3y)2.1%
Cap/Sales(5y)1.79%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)68%
EPS 3Y-14.82%
EPS 5Y-0.13%
EPS Q2Q%91.67%
EPS Next Y-21.75%
EPS Next 2Y-2.14%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-38.25%
Revenue growth 3Y-20.9%
Revenue growth 5Y-6.18%
Sales Q2Q%27.66%
Revenue Next Year45.04%
Revenue Next 2Y25.31%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-65.28%
FCF growth 3Y-50.82%
FCF growth 5Y-29.87%
OCF growth 1Y-64.11%
OCF growth 3Y-48.06%
OCF growth 5Y-27.91%